Senator McCormick Bolsters Bitcoin ETF Holdings Amid Regulatory Advancements

U.S. Senator Dave McCormick, former CEO of Bridgewater Associates, has significantly increased his Bitcoin ETF investments, signaling strong confidence in the cryptocurrency’s future. With new disclosures revealing holdings between $310,000 and $700,000 in the Bitwise Bitcoin ETF, McCormick builds on his earlier $450,000 position from February 2025. This strategic move aligns with his leadership in Senate efforts to establish clear regulatory frameworks for digital assets, highlighting institutional and political momentum behind Bitcoin’s mainstream adoption.

Senator and Ex-Bridgewater CEO McCormick Increases Bitcoin ETF Investments Amid Regulatory Push

U.S. Senator Dave McCormick, former CEO of Bridgewater Associates, has significantly expanded his personal Bitcoin holdings through the Bitwise Bitcoin ETF. Recent disclosures reveal investments ranging between $310,000 and $700,000, building on his earlier $450,000 position disclosed in February.

The moves come as McCormick’s Senate committee leads legislative efforts to establish regulatory frameworks for digital assets. His accumulating position—potentially approaching $1 million—represents the most substantial congressional Bitcoin investment this year, signaling growing institutional acceptance despite ongoing policy debates.

El Salvador’s Crypto Regulator Engages U.S. SEC for Cross-Border Sandbox

El Salvador’s National Digital Assets Commission (CNAD) is pursuing a regulatory sandbox partnership with the U.S. Securities and Exchange Commission, marking a significant step in cross-border crypto oversight. CNAD President Juan Carlos Reyes emphasized the borderless nature of digital assets, advocating for similarly unrestricted regulatory collaboration.

The move follows El Salvador’s pioneering 2021 decision to adopt Bitcoin as legal tender. Unlike jurisdictions burdened by legacy financial systems, the Central American nation has built its digital asset framework from the ground up, creating what Reyes describes as a ’blank slate’ regulatory environment.

Bitcoin Holds Steady Above $93,000 Amid Institutional Inflows and Bullish Forecasts

Bitcoin demonstrates resilience, maintaining its position above $93,000 after recovering from a 30% decline earlier this year. Institutional interest surges as U.S. Bitcoin ETFs attract nearly $1 billion in weekly inflows, signaling growing confidence among long-term investors.

ARK Invest revises its 2030 price target to $2.4 million, attributing the bullish outlook to accelerating institutional adoption. Technical analysts highlight $93,500 as a critical support level to sustain upward momentum.

Strike CEO Predicts Bitcoin Could Reach $250K-$1M Amid Central Bank Instability

Strike founder Jack Mallers has issued a bold forecast for Bitcoin, suggesting the cryptocurrency could climb to between $250,000 and $1 million in the not-so-distant future. His prediction is rooted in growing instability across traditional financial systems and what he believes is the emergence of the most powerful bull market in history.

Mallers argues that central banks have distorted the natural economic cycle through years of intervention and artificial market stabilization. "Entropy is natural in the universe," he said, emphasizing that suppressing volatility has built up massive pressure in the system. The resulting breakdown of what he calls a "price-fixing regime" could catalyze Bitcoin’s next parabolic advance.

ARK Invest Raises Bitcoin Price Target to $2.4M by 2030 Amid Institutional Demand

ARK Invest has revised its Bitcoin price forecast upward, projecting a potential surge to $2.4 million by 2030—nearly double its previous $1.5 million estimate. The bullish adjustment stems from anticipated demand from institutional investors, national treasuries, and emerging market participants.

The firm outlines three scenarios: a conservative $500,000 floor (up from $300,000), a base case of $1.2 million, and the $2.4 million bull case. These projections hinge on Bitcoin’s ability to capture a growing share of global financial assets. "We’ve published our Bitcoin price forecast through 2030," ARK announced via Twitter, directing followers to research by analyst David Puell.

Bitcoin Consolidates Near $94K as Altcoins Seize Momentum

Bitcoin’s price action stalled NEAR the $94,200 resistance level, a key Fibonacci retracement threshold, while altcoins rallied aggressively. The pause in BTC’s upward trajectory has diverted trader attention to smaller-cap tokens, creating a bifurcated market dynamic.

Market structure suggests this consolidation represents healthy digestion of recent gains rather than distribution. The golden ratio resistance at $94.2K continues to act as a magnet for price, with whale accumulation observed beneath this psychological level.