Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Bitcoin Price Prediction: BTC Slips Below $105K as Global Policies Shif

by
May 30, 2025
in Crypto News
0
Bitcoin Price Prediction: BTC Slips Below $105K as Global Policies Shif
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Reform UK leader Nigel Farage made waves at the Bitcoin 2025 conference by announcing that the party will now accept Bitcoin and other cryptocurrencies as donations. This makes Reform UK the first major British party to accept digital assets, partnering with Radom, a leading crypto payments platform.

Farage also revealed plans for a “Cryptoassets and Digital Finance Bill” if his party wins the next UK election, to be enacted before 2029.

Key proposals include reducing the crypto capital gains tax from 24% to 10%, establishing a Bitcoin reserve at the Bank of England, and opposing the introduction of a UK central bank digital currency (CBDC).

‘We are going to launch a crypto revolution in Britain.’

Reform UK Leader Nigel Farage has unveiled a new initiative — the Crypto Assets and Digital Finance Bill — which his party has drafted and will actively campaign for. pic.twitter.com/uiAD5eQihq

— GB News (@GBNEWS) May 29, 2025

Farage’s experience of being debanked has led to this crypto-friendly stance, which could resonate with the estimated 7 million UK crypto holders, especially the 25% under 30.

India’s Regulatory Shift Could Change the Crypto Landscape

India is set to release a discussion paper on crypto regulation in June 2025, marking a significant milestone in its stance on digital assets. This paper will incorporate inputs from the FSB and IMF, and will involve stakeholders from the IT and finance sectors.

While the Reserve Bank of India is cautious and promoting its CBDC as a safer alternative, the global trend of regulatory acceptance, including pro-crypto comments from US Vice President J.D. Vance, suggests India may soften its stance.

Clarity on India’s crypto policies could boost institutional and retail confidence, making Bitcoin more resilient.

New York’s “Bitbond” Plan and Technical View on Bitcoin

At Bitcoin 2025, New York City Mayor Eric Adams announced plans to issue a Bitcoin-backed municipal bond, the “Bitbond”, where investors can earn returns tied to Bitcoin’s performance. He also renewed calls to scrap New York’s BitLicense, saying it stifles innovation.

LATEST: New York Mayor Eric Adams calls for a Bitcoin bond in NYC and an end to the state BitLicense program. pic.twitter.com/ZcGf9NhrmX

— Cointelegraph (@Cointelegraph) May 29, 2025

“You have a crypto mayor,” he said, vowing to make the city more crypto-friendly. This could attract institutional interest and increase the likelihood of long-term Bitcoin adoption.

Bitcoin Price Prediction – Technical Outlook

On the technical front, the Bitcoin price prediction is bearish. On the 2-hour chart, BTC/USD is in a descending channel with lower highs and lower lows.

The 50-period EMA acts as resistance, and the MACD exhibits deep red histograms and a bearish signal line crossover. A “Three Black Crows” pattern is strong bearish.

Support is at $102,168, and resistance is near $106,655. If BTC breaks $102,168, it could test $100,799 or $99,356. A bullish reversal – a hammer or morning star pattern, with MACD divergence and EMA crossover – could take it back to $106,655.

Best Wallet ($BEST): The Future of Crypto Storage and Access

Best Wallet is capturing the spotlight as one of the hottest crypto projects, blending security, accessibility, and early-stage opportunities. With a sleek interface available on Google Play and the App Store, it supports over 1,000 cryptocurrencies. As the first wallet to integrate Fireblocks MPC-CMP technology, it’s already ahead of the curve in wallet innovation.

Key features include an Upcoming Tokens page that allows users to buy presale tokens directly within the app, without the need to connect wallets to potentially risky sites.

This seamless integration enables users to track token growth within their portfolio, all while benefiting from Fireblocks-backed security and a no-KYC sign-up process.

The $BEST Token isn’t just a utility; it’s a game-changer. It unlocks reduced transaction fees, higher staking yields, and exclusive early access to projects. Holders even receive governance rights, shaping the future direction of the Best Wallet ecosystem.

Additionally, the platform’s airdrop campaigns and quests provide further earning opportunities for loyal users.

With over $12.85 million raised in its presale and tokens priced at $0.025105, now is the time to act. Secure your $BEST allocation before the next price jump, and gain early access to a wallet that’s redefining how crypto enthusiasts and investors interact with digital assets.

The post Bitcoin Price Prediction: BTC Slips Below $105K as Global Policies Shif appeared first on Cryptonews.

Previous Post

Elon Musk sports black eye at farewell presser in Oval Office: ‘Horsing around with little X’

Next Post

Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

Next Post
Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

June 26, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

June 25, 2025
XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

June 29, 2025
Ethereum Price Prediction: $10,000 Target Returns Amid Multi-Cycle Ascending Channel – Is ETH Ready?

Ethereum Price Prediction: $10,000 Target Returns Amid Multi-Cycle Ascending Channel – Is ETH Ready?

June 29, 2025
Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher?

Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher?

June 29, 2025
Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

June 29, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

    XRP Price Prediction: Brad Garlinghouse’s 1000% Tweet – Will This Push Ripple Beyond $3?

    June 29, 2025
    Ethereum Price Prediction: $10,000 Target Returns Amid Multi-Cycle Ascending Channel – Is ETH Ready?

    Ethereum Price Prediction: $10,000 Target Returns Amid Multi-Cycle Ascending Channel – Is ETH Ready?

    June 29, 2025
    Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher?

    Bitcoin Price Prediction: Investors Enter Holding Pattern – Could This Propel BTC Higher?

    June 29, 2025
    Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

    Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

    June 29, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved