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Bitcoin Price Prediction: BTC Turns 17 as U.S. and Venezuela Push Global Crypto Integration

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As Bitcoin celebrates its seventeenth anniversary, the worldwide highlight shifts to Singapore and Venezuela, two nations shaping the following wave of crypto adoption. The U.S. Treasury’s reward for Singapore’s regulatory management and Venezuela’s plan to combine Bitcoin and stablecoins into its banking system sign a rising institutional embrace of digital property, a shift that might redefine Bitcoin’s function within the world monetary panorama.

U.S. Treasury Praises Singapore’s Crypto Leadership at APEC

At the 2025 APEC summit in South Korea, U.S. Treasury Secretary Scott Bessent recommended Singapore’s Prime Minister Lawrence Wong for the nation’s sturdy help of digital property and USD-backed stablecoins.

Bessent highlighted Singapore’s management in blockchain regulation and its cooperation on combating monetary crime and illicit oil commerce.

Home to simply 5.9 million individuals, Singapore has turn into a world crypto hub, issuing twice as many licenses in 2024 as in 2023. Nearly one in 4 residents now personal digital property, supported by clear regulatory frameworks.

The U.S. recognition strengthens world belief in regulated crypto adoption, a transfer more likely to enhance institutional confidence and help Bitcoin’s long-term worth.

Venezuela’s Conexus to Integrate Bitcoin and Stablecoins Into Banking

Venezuela’s largest cost processor, Conexus, which handles about 40% of all digital transactions, plans to combine Bitcoin (BTC) and stablecoins like Tether (USDT) into the nation’s monetary system.

The firm will launch a blockchain-based interbank community to assist native banks supply crypto custody and allow sooner, cheaper, and extra clear transactions.

President Rodolfo Gasparri known as the transfer a “pure and inevitable step” as digital property acquire floor globally. The initiative aligns Venezuela with main establishments such as JPMorgan and Morgan Stanley, that are additionally increasing crypto providers.

This integration strengthens Bitcoin’s function as a sensible hedge in inflation-hit economies and could drive long-term world demand for cryptocurrencies.

Bitcoin Marks 17 Years With First ‘Red October’ Since 2018

As Bitcoin’s white paper turns 17, the world’s largest cryptocurrency faces its first purple October in seven years, slipping over 3.5% this month amid a $19 billion market correction. Despite the decline, Bitcoin stays a $2 trillion asset, rating among the many world’s high eight by market worth.

Published on October 31, 2008, Satoshi Nakamoto’s paper “Bitcoin: A Peer-to-Peer Electronic Cash System” launched blockchain and proof-of-work expertise, an idea that revolutionized world finance.

The newest dip as “managed deleveraging,” a wholesome reset that trims speculative extra and stabilizes long-term development. With costs briefly touching $104,000, market sentiment stays agency. Many merchants count on the correction to put the groundwork for Bitcoin’s subsequent bullish part as investor confidence rebuilds.

Bitcoin Technical Outlook: Triangle Pattern Near Breakout

On the 4-hour chart, Bitcoin price prediction stays impartial as BTC is buying and selling inside a descending triangle, confined between resistance close to $119,750 and help round $106,375. This compression hints at an imminent breakout. The 20-period EMA continues to cap rallies, whereas spinning high and Doji candles present indecision amongst merchants.

The RSI at 46 suggests impartial momentum however is ticking upward, usually a precursor to restoration. An in depth above $111,675 would verify a bullish breakout, exposing targets at $116,350 and $119,750. Conversely, a drop under $106,300 may deepen the correction towards $103,500 and $100,250.

Trade Setup Summary:

  • Entry: Buy above $111,675 (confirmed breakout)
  • Stop-Loss: Below $106,300
  • Targets: $116,350 and $119,750

BTC stays coiled inside a tightening construction — a decisive breakout in early November may outline its subsequent main transfer towards reclaiming $120K or retesting deeper help.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a brand new part to the Bitcoin ecosystem. While BTC stays the gold normal for safety, Bitcoin Hyper provides what it all the time lacked: Solana-level pace.

Built as the primary Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The end result: lightning-fast, low-cost good contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the venture emphasizes belief and scalability as adoption builds. And momentum is already sturdy. The presale has surpassed $25.2 million, with tokens priced at simply $0.013195 earlier than the following enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s largest ecosystems. If Bitcoin constructed the muse, (*17*) may make it quick, versatile, and enjoyable once more.

Click Here to Participate in the Presale

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