Bitcoin ETFs, gov’t adoption to drive BTC to $1M by 2029: Finance Redefined
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 02 2025Cryptocurrency Market Recovery: The cryptocurrency market has seen a recovery, with Bitcoin reaching a two-month high of $97,300 and the total market capitalization surpassing $3 trillion, driven by institutional inflows and positive sentiment regarding tariff discussions between the US and China.
Ethereum Developments and Security Concerns: Ethereum developers are proposing new token standards to enhance blockchain interoperability, while the DeFi sector faced significant security challenges, with hackers stealing over $92 million in April, marking a substantial increase in attacks compared to March.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
