Bitcoin is back near $100K as major alts like Ethereum, Solana, and Dogecoin dive amid Trump and Musk drama—but Circle had a great day.
Eight key players in the crypto policy space, including the Blockchain Association , Crypto Council for Innovation, and the Digital Chamber, joined on Thursday to support the Blockchain Regulatory Certainty Act (BRCA) by advocating for its inclusion in crypto market structure legislation. Key Crypto Players Back BRCA Signed by the DeFi Education Fund , Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Paradigm, and Bitcoin Policy Institute, a joint statement published on June 5 calls for BRCA’s swift passage. Congress has an opportunity to protect developers of non-custodial peer-to-peer software protocols from being unreasonably targeted for regulation. Today, we — @btcpolicyorg @blockchainassn @coincenter @crypto_council @DigitalChamber @fund_defi @paradigm @SolanaInstitute — are… https://t.co/TJzq2llHKK pic.twitter.com/81KJKhTGLy — DeFi Education Fund (@fund_defi) June 5, 2025 “We are united in our commitment to protecting the software developers building our financial future,” a statement from the organizations read . “Today, DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Paradigm, and Bitcoin Policy Institute speak to Congress with one voice: include the bipartisan Blockchain Regulatory Certainty Act (BRCA) in market structure.” “As much-needed digital asset regulation develops in the United States, it is critically important to remember that developers creating peer-to-peer, noncustodial software and the infrastructure providers who enable decentralized networks have little in common with traditional financial institutions and should not be treated as such,” the statement continues. The Fight for A Digital Asset Regulatory Framework Continues Introduced by Congressman Tom Emmer (R-MN) and Ritchie Torres (D-NY), this congressional session, the bipartisan legislation would prohibit blockchain software developers from being treated as money-transmitting services under the Bank Secrecy Act. Proponents of BRCA argue that it should be folded into larger digital asset market structure legislation in hopes of preventing unfair enforcement against blockchain developers, particularly as U.S. lawmakers bring forth ideas for a new crypto policy framework . Just last month, Reps. French Hill (AR-R), G.T. Thompson (PA-R), Bryan Steil (R-WI), and Dusty Johnson (SD-R) released a discussion draft of a bill set to establish a regulatory framework for digital assets in the United States. However, with increased political polarization emerging over cryptocurrencies, it is still unclear how far any such legislation will be able to advance. The post Crypto Policy Heavyweights Back BRCA – Could Safe Harbor Spark a New Onchain Build-Out? appeared first on Cryptonews .
Recent rumors have sparked widespread speculation about a potential settlement in the Ripple SEC lawsuit by June 16, 2025, drawing significant attention from the crypto community. However, legal experts clarify
BitcoinWorld Upbit Announces Crucial IOTA Circulating Supply Update Staying informed in the fast-paced world of cryptocurrency is crucial, especially when it comes to asset details listed on major trading platforms. Recently, the Upbit crypto exchange made an announcement that caught the attention of many traders and enthusiasts: an IOTA update regarding its circulating supply . Upbit, a prominent South Korean digital asset exchange, officially stated on its website that it has revised the IOTA circulating supply plan. This adjustment was made following a direct request from the IOTA project team itself. While this might sound like a technical detail, understanding what circulating supply means and why its accurate reflection on an exchange is important is key for any investor. What is Circulating Supply and Why Does it Matter? In simple terms, the circulating supply of a cryptocurrency refers to the number of coins or tokens that are publicly available and circulating in the market. Think of it like the number of shares of a company that are currently held by investors, rather than those held by the company itself or locked up. This metric is vital for several reasons: Market Capitalization Calculation: Market Cap is often calculated by multiplying the current price per coin by the circulating supply. An inaccurate supply figure leads to an incorrect market cap, potentially misleading investors about the project’s size and ranking. Scarcity and Value Perception: A lower circulating supply relative to total supply can sometimes suggest greater scarcity, which can influence price perception. Transparency and Trust: Accurate reporting by exchanges based on project data builds trust in the platform and the listed asset. Comparison with Other Assets: Investors compare assets based on various metrics, and circulating supply is a standard one used alongside total supply and maximum supply. When a major exchange like Upbit updates this figure, it signals a commitment to providing accurate data to its users, directly reflecting information provided by the asset’s development team. Why Did IOTA Request This Update? Cryptocurrency projects, including IOTA, often have dynamic tokenomics. This means the number of tokens in circulation can change over time due to various factors: Tokens being unlocked from vesting schedules. Tokens being burned (permanently removed from supply). Tokens being distributed through staking rewards, airdrops, or other mechanisms. Changes in how tokens held by foundations or teams are classified (circulating vs. non-circulating). The specific reasons behind IOTA’s request for this particular IOTA update on Upbit weren’t detailed in the initial announcement, but it’s standard practice for projects to communicate changes in their supply metrics to exchanges to ensure consistency across platforms and data providers. How Does Upbit Handle Such Updates? A reputable crypto exchange like Upbit has procedures in place for handling project-requested data updates. Typically, this involves: Receiving the formal request and updated data from the project team (in this case, IOTA). Verifying the provided information to the best of their ability, often cross-referencing with public blockchain data or official project statements. Updating their internal systems and the data displayed on their platform (website, app). Making an official announcement to inform their users about the change. This process ensures that the information users see on the Upbit platform regarding IOTA’s circulating supply is the most current and accurate representation provided by the project itself. What Are the Implications for Upbit Users and IOTA Holders? For users trading IOTA on Upbit, the primary implication is that the market data they view, particularly market capitalization figures derived from circulating supply, will now be more accurate according to the IOTA project team’s latest plan. This increased accuracy contributes to a more reliable trading environment. For IOTA holders, this Upbit update serves as a confirmation that the project team is actively communicating with major exchanges to ensure data integrity. It reinforces the importance of relying on official sources for tokenomics information rather than potentially outdated data aggregators. Actionable Insight: Where to Find Reliable Data? Always prioritize official sources: The project’s official website and documentation (IOTA’s official channels). Official announcements from the exchanges where you trade (like the announcement on the Upbit website). Reputable blockchain explorers specific to the asset. While data aggregators are convenient, they sometimes lag behind official updates. The Bigger Picture: Transparency in Crypto Data This event highlights the ongoing efforts within the cryptocurrency space to improve data transparency and accuracy. As the industry matures, the reliability of metrics like circulating supply becomes increasingly important for institutional investors and retail traders alike. Exchanges like Upbit play a critical role as gateways to the market, and their commitment to reflecting accurate project data is a positive sign for the ecosystem’s health and credibility. The IOTA update on Upbit is a small but significant example of this collaborative effort between projects and platforms. In conclusion, Upbit’s announcement about updating the IOTA circulating supply plan is a straightforward piece of news with important underlying implications. It underscores the dynamic nature of tokenomics, the need for accurate data reporting by exchanges, and the importance of projects actively communicating changes. For anyone involved with IOTA or trading on Upbit, this ensures the data used for analysis and decision-making is based on the latest information provided by the project team. To learn more about the latest IOTA and crypto market trends, explore our article on key developments shaping IOTA price action. This post Upbit Announces Crucial IOTA Circulating Supply Update first appeared on BitcoinWorld and is written by Editorial Team
Recently, blockchain monitoring platform Whale Alert flagged a significant transaction involving Shiba Inu. The alert reported the movement of approximately 2.87 trillion SHIB tokens, valued at over $36 million, from an unidentified wallet to a Coinbase Institutional address. The transaction has drawn attention across the crypto community, particularly given Shiba Inu’s recent price dip of 2.34% within the past 24 hours. Tracing the Transaction While initial reports referred to the sending wallet as unknown, further investigation revealed that this was not the case. In-depth analysis from blockchain intelligence firm Arkham identified the wallet as belonging to Wintermute , a recognized liquidity provider and market-making firm in the crypto space. Before the SHIB transfer, at 20:53 UTC, Wintermute received the tokens from a BitGo-managed multisignature wallet (identified as “0x808”). BitGo is a well-known custodial service used by institutions to securely store digital assets. This earlier transfer involved not just SHIB but also a substantial amount of Ethereum, 16,650 ETH valued at approximately $43.5 million, which was likewise routed to Coinbase shortly afterward. 2,869,483,918,550 #SHIB (36,603,136 USD) transferred from unknown wallet to Coinbase Institutional https://t.co/EZW4fa0AtU — Whale Alert (@whale_alert) June 4, 2025 Purpose Behind the Fund Movement The transaction was part of a broader sequence of internal capital reallocations rather than an isolated or market-moving event. When market makers such as Wintermute prepare for trading activity, it is common for them to move assets from cold storage or custody platforms like BitGo to active trading environments like Coinbase Prime. These transfers allow for real-time liquidity provision or execution of large trades. Thus, this SHIB movement was not unusual or indicative of investor sentiment changes, but rather a typical step in institutional trading operations. Large-scale transfers of SHIB tokens have become increasingly common and generally do not produce notable price reactions. For example, a wallet linked to GnosisSafeProxy moved 3.36 trillion SHIB to another address earlier this year. Similarly, over 8 trillion SHIB tokens were moved from Crypto.com to unidentified wallets in a series of large transactions. The report indicated that these transfers may have been part of strategic accumulation or internal reallocation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 These examples underline the importance of analyzing wallet sources and transaction context before concluding market implications. Current Market Status As of report time, the token is trading at $0.00001276. Despite the scale of recent transactions, the price has shown stability, with minimal short-term impact attributed to the observed movements. The recent 2.87 trillion SHIB transfer to Coinbase was not a random or alarming development, but rather a coordinated fund movement involving Wintermute and BitGo, consistent with standard market-making activities. While transactions of this size naturally prompt speculation, closer examination often reveals that such events are part of routine institutional workflows. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Someone Moved 2.8 Trillion SHIB to Coinbase. Here’s What Happened appeared first on Times Tabloid .
Key takeaways: Bitcoin price faces bearish pressure toward $102.5K. Our Bitcoin price prediction expects BTC’s price to reach $160K by the end of 2025 due to the bullish sentiment following the halving event. By 2031, BTC might touch $350,548 following increased institutional adoption. Since the beginning of 2024, Bitcoin’s price has doubled, but it has seen a notable 45% increase in just the two weeks following the presidential election. This boost has solidified Bitcoin’s role in the so-called “Trump trade,” with the president-elect’s positive stance on the cryptocurrency industry fueling investor optimism about this emerging asset class. As Bitcoin’s on-chain activities surge, questions arise, such as: “Does Bitcoin have the potential to hold above the $100K mark?” or “Will Bitcoin go up?” or “Where will Bitcoin be in 5 years?” Let’s answer them using our Bitcoin price prediction. Overview Cryptocurrency Bitcoin Ticker BTC Price $102,851 (-1.6%) Market cap $2.19 Trillion Trading volume (24-hour) $56.76 Billion (-38%) Circulating supply 19.86 Million BTC All-time high $111,970; May 22, 2025 All-time low $0.04865; Jul 15, 2010 24-hour high $105,936.69 24-hour low $102,665.33 Bitcoin price prediction: Technical analysis Metric Value Current Price $102,851 Price Prediction $ 114,923 (11.15%) Fear & Greed Index 50 (Neutral) Sentiment Neutral Volatility 4.71% Green Days 16/30 (53%) 50-Day SMA $ 98,083 200-Day SMA $ 86,943 14-Day RSI 50.28 Bitcoin price analysis TL;DR Breakdown: BTC price analysis shows that Bitcoin faced a bearish drop toward $102K Resistance for BTC is at $106,431 Support for BTC/USD is at $102,006 The BTC price analysis for 1 June confirms that BTC faces a surge in bullish volatility as the price moved above $105K. Currently, buyers are aiming for a continuation of recovery rally. BTC price analysis 1-day chart: Bitcoin price drops toward $102K Analyzing the daily Bitcoin price chart, we see that BTC faced a drop toward $102K. As buyers lost control of the price, sellers strongly dominated around recent highs and pushed the price below immediate fib levels. The 24-hour volume has surged to $1.44 Billion, showing a surge in trading interest today. BTC is trading at $102,851, dropping by over 1.6% in the last 24 hours. Bitcoin shows bullish volatility : 1-day chart The RSI-14 trend line has dropped from its previous level and trades below the midline at 46, hinting that a bearish correction is on the edge. The SMA-14 level suggests volatility in the next few hours. BTC/USD 4-hour price chart: Bearish domination rises around EMA trend lines The 4-hour Bitcoin price chart suggests that bears are strengthening their position to hold the price below the $102K level. Sellers are now aiming for a hold below EMA20 trend line. Bitcoin aims for immediate correction The BoP indicator trades in a bearish region at 0.71, showing that short-term buyers are taking a chance to accelerate an upward trend. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening short-position holders’ confidence. Bitcoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 98,038 BUY SMA 5 $ 103,754 BUY SMA 10 $ 106,383 SELL SMA 21 $ 105,419 SELL SMA 50 $ 98,083 BUY SMA 100 $ 91,642 BUY SMA 200 $ 86,943 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 103,080 BUY EMA 5 $ 98,953 BUY EMA 10 $ 93,180 BUY EMA 21 $ 89,073 BUY EMA 50 $ 88,448 BUY EMA 100 $ 89,317 BUY EMA 200 $ 85,823 BUY What to expect from BTC price analysis next? The hourly price chart confirms that Bitcoin is attempting to drop below the immediate support line; however, bulls are eyeing a recovery rally in the coming hours. If BTC’s price holds momentum above $106,431, it will fuel a bullish rally to $111,740. BTC/USDT Chart If bulls fail to initiate a surge, the BTC price may drop below the immediate support line at $102,006, beginning a bearish trend to $100,015. Is Bitcoin a good investment? The rising institutional demand for Bitcoin etfs makes it a good investment option in the crypto market. However, Bitcoin has a short investment history filled with very volatile market value. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. It is suggested to conduct investment advice of the financial markets and understand the financial system risks. Why is Bitcoin down today? Bitcoin faced a surge in bearish pressure as sellers defended further surges. This pushed the BTC price toward $102K. Will the BTC price reach $100K? Bitcoin price recently broke its much-anticipated mark of $100K, aiming for a new ATH. The price currently prepares to maintain its buying demand above $100K. Will BTC reach $1 million? $1 million is a significant milestone for the BTC price. However, it is achievable if Bitcoin continues to attract institutional interest in the coming years. Is Bitcoin a good long-term investment? As several institutions continue to accumulate BTC and Bitcoin faces a rise in global recognition, Bitcoin has a solid long-term future. Recent news/opinions on BTC Following the US, Pakistan announced its first government-backed strategic bitcoin reserve, marking a notable step towards adding crypto assets into its financial strategy. Bitcoin price prediction June 2025 Bitcoin’s Q1 2025 performance was notably weak, with a 12.5% loss, as per CoinGlass data, marking the worst first quarter since 2018. However, it made a strong comeback in Q2 as in the last few weeks of May, the price of Bitcoin made a new ATH at $111,970. Will Bitcoin continue its upward rally in June? Bitcoin’s price might attempt to maintain an average price of $105,000 and be pushed further, at least $113,000 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation at around $97,000. Bitcoin Price Prediction Potential Low Potential Average Potential High Bitcoin Price Prediction June 2025 $97,000 $105,000 $113,000 Bitcoin price prediction 2025 Historically, Bitcoin has been a significant crypto coin in the year following a halving, and it is expected to push up its price. Bitcoin miners might play a crucial role in holding bullish sentiment for future price movements. Spot Bitcoin ETFs are projected to be a key driver of Bitcoin prices and the broader cryptocurrency market in 2025. As a result, Bitcoin’s trajectory might follow a bullish trend ahead with rising treasury term premium. Furthermore, there is an increasing bullish sentiment that the base interest rates could be cut in the US, and thus, help to further the upward movement of Bitcoin . An outcome of which the 2025 year could be positive for Bitcoin, with its crypto-price perhaps touching $160,000 at the highest and the low could be around $68,000. Bitcoin Price Prediction Potential Low Potential Average Potential High Bitcoin Price Prediction 2025 $68,000 $120,000 $160,000 Bitcoin Price Predictions 2026-2031 Year Minimum Price Average Price Maximum Price 2026 $115,000 $130,000 $185,000 2027 $140,491 $170,100 $216,738 2028 $164,063 $185,068 $244,142 2029 $195,629 $200,312 $255,321 2030 $225,903 $248,568 $270,593 2031 $285,058 $303,555 $350,548 Bitcoin price prediction 2026 Bitcoin might witness slow growth after 2025’s halving surge, resulting in a surge in selling pressure. However, more financial products including a surge in ETF flows might hold BTC prices within a bullish region. The digital assets market sentiment shows bullish signals for Bitcoin hit new highs. As the overall sentiment gives a bullish outlook, one should research more about Bitcoin before investing. We might see a maximum price of $185,000, with a minimum price of $115,000 and average price of $130,000. However, BitMEX Ceo Arthur Hayes predicted the BTC price to touch $700K in 2026. Bitcoin price prediction 2027 Based on a detailed technical analysis of past Bitcoin price data, it is projected that in 2027, Bitcoin could see a minimum price of $140,491. The potential maximum price is estimated to be $216,738, with an average value of $170,100. Bitcoin price prediction 2028 By 2028, Bitcoin’s price is expected to reach a low of $164,063. Maximum price projections are as high as $244,142, averaging about $185,068 for the year. Bitcoin price forecast 2029 Projections for 2029 suggest that Bitcoin could be valued at a minimum of $195,629. The price may peak at as much as $255,321, with an average throughout the year expected to be around $200,312. Bitcoin (BTC) price prediction 2030 The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $225,903 and potentially rise to a maximum of $270,593. The average price is anticipated to stabilize at about $248,568 throughout the year. Bitcoin price prediction 2031 The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $285,058 and potentially rise to a maximum of $350,548. The average price is anticipated to stabilize at about $303,555 throughout the year. BTC price predictions Bitcoin Market Price Prediction: Analysts’ BTC Price Forecast Firm Name 2025 2026 Gov.Capital $118,300 $161,352 DigitalCoinPrice $135,487 $155,444 TradingBeasts $107,544 $154,235 CoinCodex predicts Bitcoin’s price could reach $158,827 by 2025, using the Bitcoin Rainbow Chart based on past volatility and the cyclical nature of Bitcoin Halving events. Cathie Wood of Ark Invest forecasts Bitcoin may hit $600,000 by 2030, with a potential rise to $1.5 million in her bull case scenario after Bitcoin ETF approval (Bitcoin exchange traded funds). Cryptopolitan’s Bitcoin (BTC) Price Prediction A surge in bitcoin adoption and the expansion of Bitcoin ecosystem might end the controversy of “Bitcoin bubble” in future. This might boost the Bitcoin cost and strengthen Bitcoin network. At Cryptopolitan, we are bullish on Bitcoin’s future price as the historical market sentiment is extremely impressive. By the end of 2025, Bitcoin might record a maximum of $160,000, with a minimum price of $68,000 and an average price of $120,000. However, Bitcoin’s future market potential entirely depends on its buying demand, regulation, and investor sentiment regarding long-term holdings. Crypto analysts provide a positive sentiment as macroeconomic trends turn promising. We expect Bitcoin price to surpass a high of $216,000 by the end of 2027. Bitcoin historic price sentiment BTC price history | Coinmarketcap Satoshi Nakamoto created Bitcoin in 2009, marking the first use of blockchain technology. Bitcoin was initially of little value, gaining significant traction and hitting over $15,000 during the 2017 boom, with further highs reached in 2019 and 2021. In 2021, Bitcoin peaked at $68,789.63 but dropped to $15,760 by December 2022 amid economic pressures, including inflation and geopolitical conflicts. By April 10, 2023, Bitcoin’s price surged 83%, breaking the $30,000 resistance level. Throughout mid-2023, Bitcoin’s value hovered around $30,000, nearly reaching $32,000 due to positive market sentiments and potential ETF approvals. Bitcoin experienced a significant price drop in mid-August 2023, falling to $25,000. However, its prices remained volatile, fluctuating between $26,000 and $29,500 in October. Bitcoin closed 2023 above $42,000, a 155% increase from the year’s start. In early 2024, Bitcoin rose above $45,000 on ETF anticipation but briefly dipped below $40,000 after approvals. It broke its 2021 all-time high in March, reaching $73,750.07 on March 14, before dropping below $60,000 in April. May saw another surge above $70,000, while June and July brought heavy fluctuations between $70K and $55K. Bitcoin rallied to $66K in September after a Fed rate cut, climbed to $70K in October’s Uptober rally, and surged toward $108K following Donald Trump’s victory in the November US elections. BTC ended 2024 consolidating below $95K. At the start of January 2025, BTC was trading between $92,788.13 and $95,824.39. However, it formed an ATH at $109,114 on January 20. In the weeks of February, the price of BTC dropped heavily as it dropped toward the $78K low. In March, the price of Bitcoin declined heavily and dropped toward a low of $76.6K. In April, the price of Bitcoin started recovering. By the end of April, it neared the critical $95K zone. In May, Bitcoin price skyrocketed and it formed a new ATH at $111,970. However, the price declined later, toward $104K.
21Shares filed an updated version of its Spot Polkadot ETF S-1 application $DOT #Polkadot
BitcoinWorld Bitcoin Price Prediction: Astounding $150K Target Revealed by Foresight Ventures CEO Could Bitcoin really reach heights many only dream of in this market cycle? That’s the exciting prospect put forward by a leading voice in the venture capital space. Alice Li, the U.S. CEO of Foresight Ventures, shared a compelling vision during a recent Cointelegraph discussion, suggesting that a significant catalyst could propel Bitcoin (BTC) well past the $100,000 mark, potentially hitting an astounding $150,000. Why is US Crypto Regulation Key to Bitcoin’s Future? According to Li, the primary driver for this potential massive surge isn’t just market sentiment or technological adoption alone, but something more foundational: regulatory clarity in the United States. For years, the lack of clear rules has been a significant hurdle, creating uncertainty for investors and businesses alike. A clear regulatory framework could unlock substantial institutional capital and provide a stable environment for growth. Li specifically highlighted recent shifts in U.S. policy and political stances as crucial indicators. The mention of U.S. President Donald Trump’s more favorable approach towards Bitcoin and crypto, including indications of potential support for Bitcoin reserves or at least a less adversarial stance compared to previous years, signals a changing tide in Washington D.C. This political shift, regardless of party, can have a profound impact on market confidence. Furthermore, developments around stablecoins are seen as intrinsically linked to Bitcoin’s trajectory. Stablecoins act as a crucial bridge between traditional finance and the crypto world. Clear rules for stablecoins could legitimize a significant part of the market, making it easier for large players to enter and interact with digital assets, including Bitcoin. The GENIUS Act: How Stablecoins Impact the Bitcoin Rally Alice Li also pointed to specific legislative efforts, such as the GENIUS Act. While primarily focused on stablecoin regulation, particularly concerning collateralization and reserve requirements, such legislation has broader implications for the entire crypto ecosystem. By setting standards and providing transparency for stablecoins, the GENIUS Act could: Increase Trust: Clear rules reduce risks associated with stablecoin issuers, building confidence among users and institutions. Foster Innovation: Regulatory certainty allows companies to build and innovate using stablecoins without fear of sudden legal challenges. Promote Global Progress: As a major financial market, U.S. regulatory action often sets a precedent or influences regulatory approaches in other countries. This global regulatory progress, spurred by U.S. action, creates a more mature and reliable market environment, which is highly attractive to large-scale investment. This increased confidence and accessibility are vital components for fueling a significant Bitcoin rally. Could Bitcoin Hit $150K by 2025? Analyzing the Factors The $150,000 Bitcoin price prediction for the 2025 market cycle is ambitious, but not without potential justification when considering the factors Li mentioned alongside other known market dynamics. Here’s a look at what could support this target and some potential challenges: Factors Supporting a Potential $150K+ Target: U.S. Regulatory Clarity: As highlighted by Alice Li, this is perhaps the most significant potential catalyst for unlocking institutional capital. Bitcoin Halving: The recent Bitcoin halving event in April 2024 reduced the supply of new Bitcoin entering the market, historically a bullish factor for price over the following 12-18 months. Institutional Adoption: The approval and success of spot Bitcoin ETFs in the U.S. have already brought significant new capital into the market and paved the way for broader institutional participation. Macroeconomic Factors: Potential shifts in global monetary policy, such as interest rate cuts, could make riskier assets like Bitcoin more attractive. Increasing Global Demand: Adoption continues to grow worldwide, both from retail and institutional investors seeking a store of value or speculative asset. Potential Challenges and Risks: Lingering Regulatory Uncertainty: Despite positive signs, actual implementation and enforcement of regulations can still be complex and potentially restrictive. Macroeconomic Headwinds: Unexpected economic downturns or persistent inflation could dampen investor enthusiasm. Market Volatility: Bitcoin is known for its sharp price swings, and a prediction like $150K implies significant volatility along the way. External Shocks: Geopolitical events or unforeseen black swan events can negatively impact the market. While a $150,000 Bitcoin price prediction remains a bold forecast, the confluence of favorable regulatory developments, supply mechanics from the halving, and growing institutional interest provides a foundation for such optimism looking towards Bitcoin 2025. What Does This Mean for Investors? Insights from Foresight Ventures The insights shared by the Foresight Ventures CEO offer valuable perspective for anyone navigating the crypto market. The emphasis on regulatory clarity underscores its importance not just as a compliance issue, but as a fundamental driver of market maturity and potential price appreciation. For investors, this highlights the need to pay close attention to legislative developments and political stances, particularly concerning crypto regulation US. Actionable Insights: Stay Informed: Keep track of regulatory news from the U.S. and other major jurisdictions. Understand the Risks: While predictions like $150K are exciting, remember that they are not guarantees. Market volatility is inherent. Consider Long-Term Trends: Regulatory clarity and institutional adoption are long-term trends that could support sustained growth beyond short-term price targets. Evaluate Your Portfolio: Assess how potential regulatory shifts and market growth could impact your existing crypto holdings. The perspective from Alice Li and Foresight Ventures suggests that while technical analysis and market sentiment are important, the evolving regulatory landscape is a critical, perhaps underestimated, factor that could significantly influence the trajectory of Bitcoin and the broader crypto market in the coming years. Summary: Alice Li, CEO of Foresight Ventures U.S., has offered a compelling Bitcoin price prediction, suggesting BTC could surge past $150,000 in the current market cycle, potentially by 2025. Her analysis emphasizes the transformative power of regulatory clarity in the U.S., citing shifts in political sentiment and progress on stablecoin legislation like the GENIUS Act as key catalysts. While acknowledging inherent market volatility and risks, the confluence of favorable regulatory winds, the recent halving, and increasing institutional adoption provides a basis for this optimistic outlook. Investors are encouraged to monitor regulatory developments closely as a significant factor influencing Bitcoin’s future. To learn more about the latest Bitcoin price prediction trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Prediction: Astounding $150K Target Revealed by Foresight Ventures CEO first appeared on BitcoinWorld and is written by Editorial Team
The Chief Executive Officer of Uber, Dara Khosrowshahi, has revealed that the company is exploring the use of stablecoins to facilitate global money transfers. The company is reportedly in the “study phase,” and is evaluating stablecoins as a cost-effective alternative to traditional payment systems for moving money across borders. Uber is aware of the potential of stablecoins The world has been gradually warming up to the use of stablecoins, and Uber is paying attention. During a Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi pointed out that stablecoins offer practical benefits for global companies. He believes they reduce the costs associated with international transactions, which often involve high fees and delays due to intermediaries and currency conversions. For example, they have the ability to settle transactions in seconds with fees reduced by about 80%. Stablecoins appear to have “a practical benefit other than crypto’s historic value,” Khosrowshahi said. “That’s super interesting to us, and we’re definitely going to take a look.” Uber adopting stablecoins could streamline payments for its global operations, such as driver payouts or supplier settlements, especially in areas with high remittance costs or unstable currencies. However, while Uber has expressed interest, it has not specified which stablecoins or blockchains it might adopt, nor provided a timeline for implementation. There is also the matter of regulatory compliance. US lawmakers have proposed legislation in Congress to regulate stablecoins, but have yet to finalize things, much to the frustration of the general crypto public. Aside from Uber, other famous companies exploring the use of stablecoins include PayPal, Visa, Mastercard, and Stripe. PayPal has launched PayPal USD (PYUSD), a stablecoin pegged to the US dollar, and built on Ethereum, while Visa is actively exploring stablecoins for settlement and cross-border payments, with pilots involving USDC on Ethereum and Solana. Uber’s exploration of stablecoins comes amid a legislative push for regulation Uber is exploring stablecoins for global money transfers at a time when there is a clear legislative push for a clear regulatory framework that could facilitate adoption by reducing legal uncertainties. The GENIUS and STABLE Acts are focused on AML/KYC and reserve standards and could ensure Uber’s transactions comply with federal oversight, though concerns persist about the bill’s failure to regulate offshore issuers like Tether , creating a “Tether loophole.” Senator Elizabeth Warren has also criticized the GENIUS bill for weak consumer protections, inadequate national security measures, and risks of financial instability, citing past stablecoin failures like TerraUSD. Meanwhile, Democrats, like Maxine Waters, have criticized the STABLE bill for insufficient consumer protections and federal preemption of state frameworks. Despite dissenting voices on both sides, the two bills enjoy bipartisan support, driven by a Trump administration executive order on January 23, 2025, prioritizing stablecoin regulation to enhance US financial leadership. Trump and congressional leaders are looking to pass the legislation by August 2025. However, for that to happen, differences between the GENIUS and STABLE Acts have to be resolved. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Bitcoin price experienced a sharp decline today, bringing its daily losses to over 3.5% with the decline in recent hours. At the time of writing, the BTC price is trading at around $100,900, just above the $100,000 psychological threshold. The decline in the BTC price may have been due to the ongoing tension in the trade war between China and the US, the unexpected debate between Elon Musk and Donald Trump, and the decline in US technology stocks, especially led by Tesla. Chart showing the decline in BTC price. Related News: Developers May Have Sold This Altcoin During Today's Drop With the decline in Bitcoin, there was a large amount of liquidation in the cryptocurrency market. In the last 24 hours, $834 million worth of assets were liquidated from the cryptocurrency market. $767 million of these were in long positions. When examined on an asset basis, Bitcoin ranked first with $270 million. Following BTC, Ethereum with $227 million, Solana with $47 million, Dogecoin with $25 million and XRP with $22 million were positioned. The decline in altcoins reached double-digit percentages, especially in memecoins. *This is not investment advice. Continue Reading: Bitcoin Bleeds Hard – Here’s Probable Cause and Liquidation Data