Sovereign Wealth Funds Dem De Wait For US Crypto Rules Before Dem Go Put Big Money For Bitcoin
Government money wey dem dey save (SWFs) don dey put small small for Bitcoin (BTC), but dem still dey fear to put big money because of government palava wey no clear for inside America. SkyBridge Capital boss, Anthony Scaramucci, talk say SWFs for all over the world dey only buy small small Bitcoin for now, as dem dey wait for America government to make clear law for digital money. The main things wey SWFs dey check for regarding government rules na: if crypto law go clear, how dem go control stablecoins, and clear rules for how traditional banks go help keep crypto. If dem bring out clear rules like dis, e fit make dem put plenty money, e fit make dem buy Bitcoin for billions of dollars from money wey dem dey manage wey reach trillions. Dis fit cause market to scatter well well and make price go up fast. Big big people like Cathie Wood from ARK Invest believe say as more big companies dey accept am, e fit make Bitcoin price continue to go up for long time, e fit even reach new high by 2030. Meanwhile, Europe and Asia don dey try out dis tokenization something, wey fit make SWFs put money for there first before America. For people wey dey trade crypto, wetin America government go do about the rules na major reason why plenty money from big companies fit enter and make people want buy Bitcoin more.
Bullish
Di tori sey if US fix clear rules for digital money, stablecoins, and how dem go keep crypto, big big money wey government control - wey pass trillions of dollars - go ready enter Bitcoin market with plenty cash. Dis money wey institutions wan bring in go fit make the supply small, demand go up, price go dey jump anyhow (high volatility), and make Bitcoin price shoot up fast, especially for long run. Even though regulatory wahala still dey slow things down now, as the rules dey clear, the chance for plenty people to use am and the price to climb go strong more. Wetin happen recently for Europe and Asia show sey many kontri dey interested, and dis fit push adoption and price up more, but na US get the main key to make big institutions enter.