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- How to Optimize Gate Post Profile to Boost Community Influence? Gate Post 101 a single article helps you to master it!
- 🎉 Gate Post #NewYearNewLook# Event is live: Refresh Gate Post profile & Share a Prize of $400!
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Suggested Content Themes:
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- 🖥 Gate Post Ambassadors are Now Actively Recruiting!
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10x Research: The price of Bitcoin is driven by demand, highlighting the increasingly integration of BTC with the TradFi market.
【10x Research: BTC prices are driven by demand, highlighting the increasing integration of BTC with the TradFi market】10x Research stated that contrary to popular belief, the price of BTC is driven by demand rather than changes in its (mining) supply. Throughout five Bull Markets of BTC, investors have continuously innovated their ways of acquiring BTC, from early spot trading to utilizing futures, unsecured borrowing, SpotBTC ETF, and now ETF Options. This development highlights the increasing integration of BTC and TradFi markets, and the regulatory approvals from institutions such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States have accelerated this trend. Over time, these institutions have legalized BTC-related financial products.