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.
Bitcoin price hovers around the $111K all-time highs, and multiple onchain and technical data suggests that the upside is not over for BTC.
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.