The post The Institutional “Domino Effect” That Could Send Bitcoin to $175k appeared on BitcoinEthereumNews.com. A 1% allocation from global retirement funds could trigger a supply shock, sending BTC to $175k With less than 2M BTC on exchanges, a $600 billion inflow would cause immense price pressure A new US crypto bill is expected by year-end, which could unlock institutional participation A new analysis highlighted by crypto influencer Altcoin Daily makes a powerful case for Bitcoin’s next major rally. According to Bill Miller IV, a mere 1% allocation of the world’s $60 trillion in retirement assets into Bitcoin could increase its price by more than $30,000.  At current levels, such inflows could drive Bitcoin to around $175,000, a gain of over 50% from today’s market. Why a 1% Allocation Has Such a Massive Impact The logic behind this powerful projection rests on the simple math of a supply shock. A $600 billion inflow, which is 1% of the total retirement fund pool, would not be absorbed proportionally by Bitcoin’s current $2.2 trillion market cap.  With fewer than two million Bitcoin currently available on exchanges, this immense new demand would collide with a highly constrained supply. Altcoin Daily suggested the result would be “crazy” upward pressure, especially as long-term holders like Michael Saylor’s Strategy are unlikely to sell into the surge. The Institutional “Domino Effect” Has Already Begun While a market-wide 1% allocation is still hypothetical, Bitcoin is no longer absent from institutional portfolios. Respected institutions like Harvard University’s endowment and Norway’s sovereign wealth fund have already begun moving into the crypto space. Analysts argue that these highly influential early adopters could set a powerful precedent for other fund managers, creating a “domino effect” of capital flows into Bitcoin as the asset becomes a standard part of institutional portfolios. This comes as the new SEC leadership under Chair Paul Atkins has made his pro-crypto stance clear.… The post The Institutional “Domino Effect” That Could Send Bitcoin to $175k appeared on BitcoinEthereumNews.com. A 1% allocation from global retirement funds could trigger a supply shock, sending BTC to $175k With less than 2M BTC on exchanges, a $600 billion inflow would cause immense price pressure A new US crypto bill is expected by year-end, which could unlock institutional participation A new analysis highlighted by crypto influencer Altcoin Daily makes a powerful case for Bitcoin’s next major rally. According to Bill Miller IV, a mere 1% allocation of the world’s $60 trillion in retirement assets into Bitcoin could increase its price by more than $30,000.  At current levels, such inflows could drive Bitcoin to around $175,000, a gain of over 50% from today’s market. Why a 1% Allocation Has Such a Massive Impact The logic behind this powerful projection rests on the simple math of a supply shock. A $600 billion inflow, which is 1% of the total retirement fund pool, would not be absorbed proportionally by Bitcoin’s current $2.2 trillion market cap.  With fewer than two million Bitcoin currently available on exchanges, this immense new demand would collide with a highly constrained supply. Altcoin Daily suggested the result would be “crazy” upward pressure, especially as long-term holders like Michael Saylor’s Strategy are unlikely to sell into the surge. The Institutional “Domino Effect” Has Already Begun While a market-wide 1% allocation is still hypothetical, Bitcoin is no longer absent from institutional portfolios. Respected institutions like Harvard University’s endowment and Norway’s sovereign wealth fund have already begun moving into the crypto space. Analysts argue that these highly influential early adopters could set a powerful precedent for other fund managers, creating a “domino effect” of capital flows into Bitcoin as the asset becomes a standard part of institutional portfolios. This comes as the new SEC leadership under Chair Paul Atkins has made his pro-crypto stance clear.…

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more