Mayor Eric Adams’s push for a Bitcoin-backed municipal bond faces strong opposition from Comptroller Brad Lander, who found the plan «legally dubious and fiscally irresponsible.»
Institutional demand for Bitcoin and increasing regulatory clarity are positive factors for Bitcoin in 2025, head of research Katalin Tischhauser says.
Bitcoin’s chance of falling to $100,000 has increased, but the $3.7 billion open interest wipeout means traders will view dips as buying opportunities.
Bitcoin sells off amid mounting macroeconomic uncertainty, but data shows pro traders clinging to their bullish price expectations.
From Ross Ulbricht’s first significant public appearance to Strategy’s Michael Saylor addressing the crowd, the focus of the Bitcoin conference was often on individual liberty.
Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC.
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.
DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit.
Hester Peirce, head of the SEC’s crypto task force, said the context of a digital asset transfer could make it a securities transaction.
Strong demand from US-based investors sends Bitcoin’s Coinbase premium on a 20-day streak, and chart technicals hint at a rally to $118,000.