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Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
Bitcoin (BTC) is gaining momentum following a major legal win for Ripple, as the SEC officially dropped its appeal, confirming XRP’s non-security status. This decision, stemming from a 2023 ruling by Judge Analisa Torres, provides much-needed regulatory clarity for digital assets, easing concerns among institutional investors.
With legal uncertainty removed, the broader crypto market—including Bitcoin—stands to benefit. Ripple CEO Brad Garlinghouse is now shifting from defense to expansion, considering an appeal to recover the $125 million penalty imposed by the SEC.
- The SEC’s retreat reduces legal risks for the crypto industry.
- Institutional interest in XRP and Bitcoin may increase.
- Ripple’s strategy shift signals expansion and market confidence.
- Regulatory clarity boosts long-term digital asset adoption.
Trump’s Digital Assets Address & Bitcoin’s National Importance
Former President Donald Trump is set to make history as the first U.S. leader to address a major cryptocurrency summit. His recorded speech at the Digital Asset Summit in New York will emphasize Bitcoin’s role in national economic policy, reinforcing his administration’s crypto-friendly stance.
This follows his executive order to establish a U.S. Strategic Bitcoin Reserve, aligning BTC with traditional assets like gold. The summit will feature industry heavyweights such as Michael Saylor, Bitcoin historian Pete Rizzo, and ETF analyst James Seyffart, highlighting Wall Street’s increasing interest in digital assets.
- Trump’s endorsement could fuel institutional Bitcoin adoption.
- Bitcoin’s policy integration may stabilize crypto markets.
- The U.S. could lead global crypto regulations with a national BTC strategy.
If Bitcoin gains broader legislative backing, it could further solidify BTC’s role as a global reserve asset and attract major institutional players.
Congress Holds the Key to Bitcoin (BTC) and Crypto Regulation
For long-term stability, cryptocurrency regulations must pass through Congress, ensuring legal consistency and preventing policy reversals. Former Congressman Wiley Nickel stressed the need for bipartisan support, citing Trump’s executive orders on Bitcoin reserves and Central Bank Digital Currencies (CBDCs)—both of which could be undone without congressional action.
Several pro-crypto legislative efforts are gaining traction:
- Rep. Byron Donalds seeks to protect the U.S. Bitcoin Reserve from policy shifts.
- Sen. Cynthia Lummis reintroduced the Bitcoin Act, advocating for increased national BTC accumulation.
- Rep. Tom Emmer is advancing legislation to prohibit CBDCs permanently.
If Congress formally integrates Bitcoin into national policy, BTC demand may surge, strengthening institutional confidence and price stability. A clear regulatory framework could also boost mainstream adoption and attract traditional finance players into the crypto space.
Bitcoin (BTC) Faces Resistance at $87K After Breakout – What’s Next?
Bitcoin (BTC) is trading around $85,800, up 3.5% in 24 hours, with a market cap exceeding $1.7 trillion. The breakout from a symmetrical triangle pattern has fueled bullish momentum, pushing BTC above key resistance at $83,500.
However, Bitcoin faces strong resistance near $87,400, where sellers have emerged. A breakout above this level could send BTC toward $89,900 and $92,600.
However, Bitcoin faces strong resistance at $87,400, where sellers have stepped in. If BTC holds above $85,000, it could retest this level, with upside targets at $89,900 and $92,600.
- Support: The 50-day EMA at $83,800 serves as strong downside support.
- Bullish Confirmation: A sustained breakout above $87,400 could drive prices toward $90K+.
- Bearish Risks: A break below $83,800 may lead to a pullback toward $81,100.
Traders are closely monitoring volume trends to gauge Bitcoin’s next move. If BTC clears resistance, the path toward $90K+ may materialize sooner than expected.
Best Wallet Token ($BEST): Secure Crypto Management & High-Yield Staking
Best Wallet Token ($BEST) powers Best Wallet, an all-in-one crypto management platform for secure storage, trading, and staking. Available on Google Play and the App Store, it offers real-time investment insights and seamless staking, making it a go-to choice for crypto users.
Why Best Wallet Stands Out
- Early Access to New Projects – Invest in tokens before they hit major exchanges.
- Top-Tier Security – Built on Fireblocks’ MPC-CMP framework for maximum protection.
- Extensive Crypto Support – Over 1,000 cryptocurrencies supported.
- New Update (v2.4.5) – Users can now claim tokens directly in-app.
$BEST Token Highlights
- High-Yield Staking – Earn 146% APY on staked $BEST.
- Strong Community Trust – 182.3M $BEST staked.
- Growing Demand – $11.1M raised, price increasing soon!
With high staking rewards, strong backing, and advanced technology, $BEST is positioned as one of the most promising utility tokens in the industry.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
This article first appeared at News
