Bitcoin Institutional Adoption Accelerates as Fed Lifts Crypto Restrictions

Michael Saylor, founder of MicroStrategy, has heralded a major regulatory shift as the Federal Reserve reversed its restrictive stance on banks engaging with cryptocurrencies. This development paves the way for U.S. financial institutions to openly support Bitcoin, marking a significant milestone in institutional adoption. With BTC currently trading at $104,223, Saylor’s announcement underscores growing confidence in Bitcoin’s long-term value proposition amid a bullish market rally targeting $95K and beyond.

Michael Saylor Hails Fed U-Turn: US Banks Cleared to Back Bitcoin on $95K Rally

Michael Saylor, founder of MicroStrategy, declared that U.S. banks can now openly support Bitcoin following the Federal Reserve’s reversal of restrictive crypto guidelines. The Fed’s previous stance required banks to seek approval before engaging in crypto-related activities, citing volatility risks.

Saylor’s announcement, made via X (formerly Twitter), signals a pivotal shift in institutional adoption. Bitcoin’s rally toward $95,000 underscores growing confidence as regulatory barriers dissolve. The move aligns with Saylor’s long-standing advocacy for bitcoin as a treasury asset.

Citigroup Forecasts $1.6 Trillion Stablecoin Market by 2030, Bullish for Bitcoin

Citigroup projects the stablecoin market could expand to $1.6 trillion by 2030, up from $240 billion today. This growth may catalyze Bitcoin’s price to surge past $285,000 if historical capital rotation patterns between stablecoins and BTC repeat.

Regulatory clarity and political support are emerging as key accelerants for institutional adoption of blockchain-based payment systems. Stablecoins are increasingly viewed as critical infrastructure bridging traditional finance and decentralized networks.

The bank’s analysis highlights stablecoins’ growing utility in cross-border payments and remittances, with their dollar-pegged stability addressing volatility concerns that have hindered crypto adoption in mainstream finance.

Bitcoin ETF Inflows Surge to $442M as Institutional Demand Drives BTC Rally

Spot Bitcoin ETFs recorded a $442 million inflow on April 24, marking the highest single-day demand since November 2024. BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $327.3 million, underscoring institutional confidence as BTC climbed to $93K.

MicroStrategy’s Michael Saylor predicts IBIT could outperform all ETFs, reflecting growing mainstream adoption. The consistent inflows since April 17 signal a broader crypto market rebound, with ETF momentum acting as a key price catalyst.

Bitcoin Eyes $96K Resistance As Short-Term Holders Take Profits

Bitcoin surged past $93,000, signaling renewed bullish momentum after weeks of erratic trading. The breakout suggests growing confidence among buyers, though macroeconomic headwinds persist. Analysts remain divided—some see early signs of recovery, while others caution that deeper corrections may loom.

Short-term holders, many of whom bought during recent lows, are now cashing out. CryptoQuant data reveals this profit-taking has created temporary resistance NEAR the $95,000-$100,000 range. Market structure now hinges on whether fresh demand can absorb these sell-side pressures.

Bitcoin Rally Lacks On-Chain Support as Analyst Warns of Vanishing Network Activity

Bitcoin’s surge past $90,000 has reignited bullish sentiment, but underlying data suggests caution. The rally appears driven by Leveraged derivatives rather than organic demand, with on-chain metrics showing declining network activity. Geopolitical tensions between the U.S. and China add further volatility to an already fragile risk asset environment.

Analyst Maartunn’s research reveals a disconnect between price action and blockchain fundamentals. The absence of strong on-chain support raises questions about the sustainability of current levels. Market Optimism contrasts sharply with these technical warnings, creating a precarious dynamic for traders.

ARK Invest Raises Bitcoin Price Target to $2.4 Million by 2030 in Bullish Scenario

ARK Invest has dramatically revised its Bitcoin price projection upward, forecasting a potential surge to $2.4 million by 2030 in its most optimistic scenario. The new target, outlined in an April 24 research report by analyst David Puell, represents a 60% increase from the firm’s previous bull case estimate of $1.5 million.

Institutional capital inflows are expected to drive this exponential growth. ARK’s analysis suggests Bitcoin could capture 6.5% of the $200 trillion global financial market excluding gold, with large financial institutions serving as the primary catalyst. The cryptocurrency currently trades around $93,700, recovering from a 2025 low of $75,150.