Bitcoin Value Prediction: BTC Turns 17 as U.S. and Venezuela Push International Crypto Integration

As Bitcoin celebrates its seventeenth anniversary, the worldwide highlight shifts to Singapore and Venezuela, two nations shaping the subsequent 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 would redefine Bitcoin’s position within the world monetary panorama.

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

On 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 assist 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.

JUST IN: 🇺🇸 Treasury Secretary Scott Bessent met with Singapore PM to debate “growing adoption and use of digital property” amongst different issues 👀 pic.twitter.com/r5V0ac8DTg

— Bitcoin Journal (@BitcoinMagazine) October 31, 2025

Residence to simply 5.9 million individuals, Singapore has develop into a world crypto hub, issuing twice as many licenses in 2024 as in 2023. Practically 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 prone to enhance institutional confidence and assist Bitcoin’s long-term worth.

Venezuela’s Conexus to Combine 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 corporate will launch a blockchain-based interbank community to assist native banks supply crypto custody and allow sooner, cheaper, and extra clear transactions.

JUST IN: 🇻🇪 Venezuelan funds big Conexus is planning to combine Bitcoin and stablecoins into the nation's banking community.
Bullish 🚀 pic.twitter.com/XfXBiBRina

— Bitcoin Journal (@BitcoinMagazine) October 31, 2025

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 comparable to JPMorgan and Morgan Stanley, that are additionally increasing crypto companies.

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

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

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

Printed on October 31, 2008, Satoshi Nakamoto’s paper “Bitcoin: A Peer-to-Peer Digital Money System” launched blockchain and proof-of-work know-how, an idea that revolutionized world finance.

It's Bitcoin Whitepaper Day 📜
17 years in the past, a 9-page PDF modified every thing. At this time we have a good time the phrases that began a motion and gave us 21 million causes to consider within the New Cash Period. pic.twitter.com/954zv8lyyy

— OKX (@okx) October 31, 2025

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

Bitcoin Technical Outlook: Triangle Sample Close to Breakout

On the 4-hour chart, Bitcoin value prediction stays impartial as BTC is buying and selling inside a descending triangle, confined between resistance close to $119,750 and assist 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, typically 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 might deepen the correction towards $103,500 and $100,250.

Commerce Setup Abstract:

  • Entry: Purchase above $111,675 (confirmed breakout)
  • Cease-Loss: Under $106,300
  • Targets: $116,350 and $119,750

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

Bitcoin Hyper: The Subsequent Evolution of BTC on Solana?

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

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

Audited by Seek the advice of, the mission 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 subsequent enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out because the bridge uniting two of crypto’s largest ecosystems. If Bitcoin constructed the inspiration, Bitcoin Hyper might make it quick, versatile, and enjoyable once more.

Click on Right here to Take part within the Presale

The submit Bitcoin Value Prediction: BTC Turns 17 as U.S. and Venezuela Push International Crypto Integration appeared first on Cryptonews.

HOT news

Related posts

Latest posts

Altcoins to Take into account That Work: XRP Tundra Prompts Your XRP Funding

The XRP Ledger (XRPL) operates on a Byzantine Fault Tolerant consensus protocol known as the Ripple Protocol Consensus Algorithm (RPCA), a system basically totally...

Black Friday 2025: The most effective early offers on Apple, Shark, Lego and different gear, plus what to anticipate through the sale

Black Friday has change into the time to purchase the most well liked tech of the yr. Whether or not you're looking for your...

US Appeals Court docket Backs Fed’s Determination to Deny Custodia Financial institution a Grasp Account

A federal appeals courtroom in Denver has upheld the Federal Reserve’s proper to disclaim crypto-focused financial institution Custodia entry to a grasp account, delivering...

Ripple’s XRP Nears Key Ranges After Historic Technical Breakout

Ripple’s XRP is buying and selling at $2.51 at press time, displaying a slight enhance over the previous 24 hours. The worth motion follows...

Are you a YouTube TV subscriber on the lookout for ESPN and ABC? Listed below are your choices

SOPA Photographs by way of Getty Photographs Should you're a YouTube...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!