Luxury trips are being paid in Bitcoin while Whales are selling
Last Updated on 1 September 2025 by CryptoTips.eu
The private jet and luxury yacht market started accepting crypto payments this summer, the Financial Times reported this weekend. While this seems very bullish, there’s a caveat. Just before the 2007-2008 peak (in stock markets), that same Financial Times advertised a fashionable belt for around $8,000 (in its How To Spend It weekend edition), and investors are more likely to think of temporary tops whenever they read those reports.
Bitcoin reached an all-time high of around $124,000 this summer, but at this point, it appears as if the price growth has stalled. In recent days, a Whale moved around $5 billion worth of Bitcoin onto platforms probably with the aim to sell it, a very bearish signal by any standard.
BTC & NASDAQ. Joined at the Hip ? https://t.co/Y8XejqMSk7
— IAN RICHARD WARD (@IANRICHARDWARD1) August 30, 2025
Stablecoins
Flexjet, which offers private travel, proudly announced this weekend that it has started accepting Bitcoin payments since this summer. That’s certainly not bad news, but as I primarily look at market tops (or bottoms) to determine my strategy for the second half of the year, I see it as a warning sign.
Bitcoin has risen this year largely thanks to Trump’s optimism, his family’s lobbying to expand their crypto empire, and new legislation in the United States that will make it easier to trade stablecoins internationally (which led to a very successful IPO for Circle).
However, now that the economy is slowing and inflation concerns are giving way to the unbridled optimism of the first few months, growth appears to be slowing. While I still believe in the long-term potential of Bitcoin (and crypto as an industry), I prefer to take some profits now.
