Written by: Blockchain Knight
After a month of market correction, people seem to have become accustomed to BTC starting with "8" and have soberly recognized that the market may not see a major reversal in a short time. On one hand, we have to accept the market's current reality, and on the other hand, looking beyond the market itself, there might be more things worth paying attention to.
In my view, there are three things in the Crypto field that deserve our focus - the improvement of the crypto industry's regulatory environment, the implementation of BTC strategic reserves, and enterprises' continuous BTC investment. Most people either underestimate their long-term impact or choose to ignore them due to the current market downturn.
Last week, Ripple CEO Brad Garlinghouse publicly stated that the SEC will drop its appeal, and this lawsuit that has lasted for over 5 years is finally coming to an end. However, what's important is not Ripple itself, but the reflection of changes in the regulatory environment. This result will become a key milestone for the Crypto industry's transition from regulatory confrontation to compliance symbiosis.
Similarly, last week, the U.S. Securities and Exchange Commission (SEC) held its first Crypto working group roundtable meeting. a16z crypto's general counsel Miles Jennings stated at the meeting that the SEC's previous attitude towards Crypto was ineffective, "It neither protected investors nor created capital effects, let alone an effective market."
Since Trump took office, the United States has been seeking a new regulatory system for Crypto, especially with over 10 core cabinet members being Crypto supporters.
It is expected that in the next six months, with the formal introduction of the "21st Century Financial Innovation and Technology Act" and the Stablecoin Issuance and Operation Regulation Act, the market will undergo more significant changes, which will inevitably reshape the entire Crypto industry.
Of course, changes in the regulatory environment alone are not enough to give market confidence. Therefore, on March 6th, Trump signed an executive order requiring the federal government to establish a strategic reserve of all seized BTC, while also establishing a reserve composed of digital assets other than BTC.
Although the market showed a "sell on the news" trend shortly after this news came out, and people have since stopped mentioning this event, its true impact lies in "setting an example". After all, BTC strategic reserves in U.S. states are progressing, with 6 states already entering Senate voting and 8 states submitting to committee review.
Imagine, as one of the top global powers, the government has started hoarding BTC. How will other countries perform, and how will other organizations and institutions view this? For some U.S. regulatory agencies, it's like pointing at their nose and telling them that this has become a national reserve asset - are you still discussing whether to continue pressuring this industry?
Finally, as the top-down regulatory environment begins to change and BTC rises to strategic significance, more enterprises will inevitably enter the BTC market. After all, there are only 21 million BTCs in the world, not counting those already lost or passively locked.
According to the latest report from BitcoinSuisse, nearly 14% of circulating BTC is already stored in BTC ETFs, corporate balance sheets, and government hands. In the past 12 months alone, over 500,000 BTCs have entered U.S. spot ETFs. Global listed companies have been adding over 1,000 BTCs daily on average since January 2024, with BTC holdings recording 80% growth in 2024, and this trend is accelerating in 2025...
At this point, when we look at these three things together, we'll find that the changing regulatory environment will stimulate more enterprises and institutions to enter the Crypto market. Strategic reserves prove the regulatory determination through actual actions, and enterprises are investing real money in this race, thus forming a flywheel. Once this flywheel reaches a critical point, it will bring a massive impact to the market.
However, some readers might jest that these policies and institutions are mainly focused on BTC and seem not closely related to the entire Crypto industry. But ask yourself, where does the economic foundation of the entire industry come from - isn't it BTC? When the big brother is soaring, won't the little brothers follow more or less?
Looking at the future from the present always requires more courage and confidence, but isn't the heroic spirit of "not letting floating clouds obstruct the view" the confidence for this industry's development? Otherwise, how could BTC, which has been "declared dead" nearly 500 times, still exist and thrive? Even BlackRock's CEO, who was criticizing BTC 8 years ago, has now chosen to embrace BTC - the world might have changed dramatically.
People have been saying BTC will be better and prices will be higher in 2030, but perhaps we won't have to wait that long to see a brand new era. Of course, I'm not talking about another crazy MEME hype.
