Crypto’s biggest gains in 2025 weren’t on price charts but in policy, institutions, and infrastructure, as regulatory reversals, Wall Street access, and onchain growth quietly reset the industry’s long-term trajectory, Pantera Capital argues. Pantera Sees 2025 as Crypto’s Structural Turning Point Pantera Capital published its December Blockchain Letter framing 2025 as the year of structural

Crypto markets are entering a more regulated phase as governments expand coordinated data-sharing rules, signaling broader tax oversight while pushing digital assets closer to mainstream financial systems across multiple jurisdictions. 48 Jurisdictions Move Toward Crypto Data Sharing, Signaling End of Tax Secrecy Governments are escalating global coordination on digital asset taxation as transparency standards widen.

A major shake-up at the SEC is reshaping expectations for crypto oversight, with a departing commissioner known for strict views giving way to leadership seen as more open to digital asset innovation. SEC Commissioner Exit Signals Bullish Shift in Crypto Regulatory Tone A leadership transition with implications for crypto oversight emerged at a key regulator.

During the first week of December, we posed a question to several leading artificial intelligence (AI) chatbots, asking them to forecast bitcoin’s price by year’s end. With the calendar now flipped to the second day of 2026, we revisited a select group of AI models with a similar prompt—this time requesting their projections for bitcoin’s

Bitcoin strutted into 2026 like it owned the cryptosphere, posting a price of $89,431, a 24-hour range between $87,742 and $89,778, and a market cap nearing $1.78 trillion. Yet, beneath the surface of this glittering price tag lies a market simmering with conflicting signals. Momentum whispers strength, while volume—and a few lagging indicators—are raising skeptical