Alice Li, an investment partner at Foresight Ventures, predicts that the ongoing regulatory clarity in the United States could drive Bitcoin's price beyond $150,000 during the current market cycle. Speaking on Cointelegraph's Chain Reaction X Spaces show, she highlighted that a potential market rally in 2025 is largely influenced by shifts in U.S. policy. Key regulatory moves include the approval of a Bitcoin reserve by U.S. President Donald Trump and significant developments surrounding stablecoin regulations.
Li specifically referenced the upcoming Senate vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. This legislation aims to provide clear rules regarding stablecoin collateralization and mandates compliance with Anti-Money Laundering laws. Passage of the GENIUS Act could establish a foundation for other jurisdictions to implement similar regulations.
"The GENIUS Act is a good start," Li stated, expressing her belief that countries across Asia, including Singapore and Hong Kong, are likely to follow suit in establishing their own regulatory frameworks for stablecoins. Hong Kong's recent Stablecoin Bill allows major financial institutions to secure licenses for stablecoin issuance, setting the stage for widespread regulatory adaptation by 2025.
In the broader crypto market, additional regulatory developments may lead to Bitcoin reaching unprecedented values. Li emphasized her strong belief in Bitcoin and predicted an increase to at least $150,000 in this cycle, especially if the U.S. Federal Reserve reduces interest rates. Current estimates indicate a 95% chance that rates will remain steady during the upcoming Federal Open Market Committee meeting on June 18.
While investments in the crypto sector have slowed, Li's insights suggest that improving regulations and macroeconomic factors could reignite interest in Bitcoin as a long-term investment option.
Li specifically referenced the upcoming Senate vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. This legislation aims to provide clear rules regarding stablecoin collateralization and mandates compliance with Anti-Money Laundering laws. Passage of the GENIUS Act could establish a foundation for other jurisdictions to implement similar regulations.
"The GENIUS Act is a good start," Li stated, expressing her belief that countries across Asia, including Singapore and Hong Kong, are likely to follow suit in establishing their own regulatory frameworks for stablecoins. Hong Kong's recent Stablecoin Bill allows major financial institutions to secure licenses for stablecoin issuance, setting the stage for widespread regulatory adaptation by 2025.
In the broader crypto market, additional regulatory developments may lead to Bitcoin reaching unprecedented values. Li emphasized her strong belief in Bitcoin and predicted an increase to at least $150,000 in this cycle, especially if the U.S. Federal Reserve reduces interest rates. Current estimates indicate a 95% chance that rates will remain steady during the upcoming Federal Open Market Committee meeting on June 18.
While investments in the crypto sector have slowed, Li's insights suggest that improving regulations and macroeconomic factors could reignite interest in Bitcoin as a long-term investment option.
