Bitcoin is now front and center at political conferences and corporate boardrooms. In this episode of Byte-Sized Insight, we’re at Bitcoin 2025 exploring whether it has been captured, or simply arrived.
Adidas will provide exclusive digital apparel and content for the new mobile game FIFA Rivals under a multi-year agreement. Exclusive Adidas Content Launches With FIFA Rivals on June 12 The partnership coincides with the global launch of FIFA Rivals on iOS and Android on June 12. Developed by Mythical Games in partnership with FIFA, the […]
Key Takeaways: Crucial Markup Session: The U.S. House Financial Services Committee will hold a markup session to review, amend, and vote on the Digital Asset Market Clarity Act (CLARITY Act) on June 10. Objective of Clarity: The CLARITY Act aims to establish a clear regulatory framework for digital assets, delineating oversight roles between the SEC…
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Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers.
Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers.
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Those of us who sacrificed for Pulse Chain were rugged by the scum bag Richard Hart. He took all of our money in HEX and Pulse and blew it all on cringe materialists items. shame on him. We lost our money but let’s help others not fall for crypto scams; Richard Hart should be locked…
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Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth. Apecoin DAO to Dissolve Under Yuga Labs Proposal Yuga Labs CEO Greg Solano has formally proposed sunsetting the Apecoin Decentralized Autonomous Organization (DAO), calling it […]
Tim Draper, a Silicon Valley venture capitalist, has doubled down on his call for Bitcoin to hit $250,000 by the end of 2025. He shared this on X, renewing a prediction he first made in 2018 when he set his sights on reaching that mark by 2022. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Back then, the crypto market took a sharp downturn in 2022—thanks in part to FTX’s collapse—and the timeline slipped. Still, Draper believes today’s drivers are strong enough to push prices higher. He even suggested that the US dollar might vanish in a decade as Bitcoin takes its place. Tim Draper’s Bold Timeline According to Draper, the $250,000 target isn’t just wishful thinking. In 2018, he said Bitcoin would reach that level by 2022. It didn’t happen—2022 saw many digital assets tumble in value. This year, though, he repeated his forecast after seeing a “recent surge” in the crypto. Bitcoin might go infinite against the dollar. On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year. Whether Bitcoin will keep gaining ground that fast, who knows. But the main factors pushing it forward right now are: → General optimism… pic.twitter.com/EiD36iYbRy — Tim Draper (@TimDraper) June 4, 2025 He also claimed Bitcoin could become “infinite against the dollar,” arguing that in 10 years the US dollar wouldn’t exist. His confident tone suggests he’s sticking with the same numbers—$250,000 by December 31, 2025. Political And Regulatory Drivers Based on reports, Draper points to politics as a big catalyst. He highlighted moves by US President Donald Trump, who is working on new trade deals. One sign of this push is the Media & Technology Group’s filing on June 5, 2025, for a Truth Social Bitcoin ETF. That application is headed to the NYSE Arca, with Crypto.com lined up as custodian, and it aims to bring more mainstream money into Bitcoin. On the regulatory front, the US Senate voted 66–32 on May 19 to advance the GENIUS Act, which would set rules for stablecoins. Plus, the Digital Asset Market Clarity Act of 2025 is under debate. It has bipartisan support and is meant to spell out clear rules for crypto. Financial Institutions And Adoption Draper also sees banks and big companies stepping in. He mentioned that JP Morgan plans to let its clients buy Bitcoin and use spot-BTC ETFs—like BlackRock’s IBIT—as collateral. That shift could open doors to a flood of institutional cash. Meanwhile, according to Bitcoin Treasuries data, Michael Saylor’s Strategy leads the pack, holding over 580,000 BTC. At current prices, that stash is worth about $61 billion. These moves, Draper argues, point to people treating Bitcoin more like gold than a risky token. Related Reading: Bitcoin Network Activity Booming Despite A Quiet Market—Data Technological Advances On Bitcoin In his view, the tech upgrades on Bitcoin matter too. He talked about Web3 apps built on Bitcoin and said “Layer 2 solutions give Bitcoin the flexibility of Ethereum.” Right now, Lightning Network handles many Bitcoin transactions, making payments faster and cheaper. Featured image from Imagen, chart from TradingView
Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays.
