Overview
- Bitcoin has reached an all-time high of over $100,000, supported by significant investments in ETFs from firms like BlackRock and Fidelity, totaling $112 billion.
- President Trump’s reelection and a pro-crypto Congress are expected to bring regulatory clarity to the industry, potentially accelerating growth.
- Forbes ranked CME Group as the most trustworthy crypto exchange due to its strong regulatory oversight and institutional focus, followed by Coinbase and Bitstamp.
- Binance, despite past compliance issues, has reentered Forbes' rankings, with new management emphasizing regulatory adherence and asset transparency.
- The global crypto market continues to expand, with over 500 million users worldwide, but investors are urged to consider safety, fees, and liquidity when choosing exchanges.