Bitcoin's New Era: Institutions Take Charge

Bitcoins downturn may signal a stable era driven by institutions, with prices potentially dipping to $75,000, matching MicroStrategys breakeven point. This aligns with Bitcoins typical four-year cycle, potentially marking the start of an early crypto winter. However, unlike past crashes, institutions are now leading the market, not everyday traders. Real-world asset tokenization has surged, with on-chain values for credit products, U.S. Treasuries, and equities tripling this year to $18.5 billion. Cantor predicts this could top $50 billion by 2026. New U.S. regulations, like the Digital Asset Market Clarity Act, are providing clarity and reducing legal headaches, potentially paving the way for banks and asset managers to dive deeper into crypto. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.