Bitcoin surpassed $123,000, driven by a new wave of institutional interest (ETFs + public companies adding BTC to their reserves) and the latest 'Crypto Week' in the U.S.
The House passed three key laws:
GENIUS Act (stablecoin regulation and 1:1 backing)
Clarity Act (divides functions of SEC and CFTC)
Anti-CBDC Act (blocks the Fed from creating digital currency)
Growing institutionalization, although only about 5% of BTC ETFs are in the hands of large funds; much remains with retail investors
What does this mean?
More regulatory clarity = trust.
Greater institutional influx provides legitimacy and liquidity.
'Crypto Week' puts the U.S. on a firm path towards real crypto regulation.
Do you think these regulations will boost adoption or generate bureaucratic risks?