The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets.
This was a key takeaway from day one of the Next Block Expo in Warsaw as prominent industry insiders unpacking major trends of the current market cycle.Adrian Zduńczyk, founder of the trading education platform The Birb Nest, said that historical data around previous halvings suggests significant upside for BTC into 2025.
Ben Yorke, ecosystem vice president at exchange platform WooX, also highlighted that there was no longer regulatory ambiguity around Bitcoin.He pointed to government and institutional validation with approval of Bitcoin ETFs in the U.S. and Hong Kong as key examples of this.Regulatory green light is good for Bitcoin
“For the last ten years, we've been building a lot of infrastructure with applications like Lightning. Once these applications take off, the utility naysayers will have very few places to hide.”