Bitcoins <\/p>\n
Expectations for crypto performance in 2026 are high, driven by rising demand for alternative stores of value and regulatory clarity.<\/strong> <\/p>\n According to Grayscale Head of Research Zach Pandl, a more supportive regulatory environment will strengthen the crypto sector. At the same time, weakening fiat currencies will further boost demand. Together, these conditions could push Bitcoin\u2019s price to new all-time highs.<\/p>\n Sponsored<\/small><\/p>\n Crypto has evolved significantly since 2008, with especially notable progress over the past year<\/a>.\u00a0<\/p>\n While milestones such as the approval of crypto exchange-traded funds (ETFs)<\/a> and the passage of the GENIUS Act have narrowed the gap between digital assets and traditional finance, substantial work remains.<\/p>\n According to Pandl, the next critical step is passing a bipartisan market structure bill<\/a>. After delays caused by a government shutdown<\/a> and partisan infighting in 2025, he expects the legislation to secure Senate approval early in the year.<\/p>\n \u201cIt looks like we are on track in January or in Q1,\u201d Pandl said in a CNBC interview. \u201cEven if it doesn\u2019t get done immediately\u2026 bipartisan progress is really the key.\u201d<\/p>\n<\/blockquote>\n Pandl emphasized that a bipartisan bill would enable firms, ranging from startups to Fortune 500 companies, to issue tokens as a standard part of their capital structures alongside traditional instruments.<\/p>\n Sponsored<\/small><\/p>\n He also noted that broader macroeconomic conditions<\/a> will have a positive impact on the price of Bitcoin.<\/p>\n Despite Bitcoin\u2019s weak performance<\/a> during the second half of 2025, Pandl predicts the leading digital asset\u2019s luck to turn around this year.\u00a0<\/p>\n According to Grayscale\u2019s 2026 digital asset outlook, it expects Bitcoin\u2019s price to reach a new all-time high in the first half of the year. For Pandl, several factors will influence this outcome.<\/p>\n Sponsored<\/small><\/p>\n Grayscale\u2019s 2026 Digital Asset Outlook is here with 10 themes marking the “Dawn of the Institutional Era.” <\/p>\n Our first three themes set the tone for what\u2019s ahead with more to come. <\/p>\n From Grayscale \u2014 the world\u2019s largest digital asset-focused investment platform\u00b9. Click below \u2b07\ufe0f<\/p>\n<\/div>\n \u2014 Grayscale (@Grayscale) December 17, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n \u201cI think [2026] will be a year of dollar weakness, Federal Reserve rate cuts<\/a>, and strength in gold, silver\u2026 as well as Bitcoin, Ether, and some other crypto assets as digital stores of value. All of these should benefit from the macroeconomic climate we\u2019re living through,\u201d he told CNBC.\u00a0<\/p>\n<\/blockquote>\n That, paired with the passage of a market structure bill, will further fuel a positive price outlook.<\/p>\n Broader adoption will also drive the <\/span>faster\u00a0rollout<\/span> of ETFs<\/a>\u00a0that provide investors with\u00a0access to a wider range of crypto assets.<\/p>\n As the crypto market continues to mature, Pandl also expects certain narratives to get left behind.<\/p>\n Sponsored<\/small><\/p>\n Although digital asset treasuries (DATs) experienced a surge in 2025, Pandl does not expect this momentum to carry over<\/a> into the new year, referring to them as a \u201cred herring.\u201d<\/p>\n He pointed to their accumulation model as the issue, noting that they buy infrequently, sell infrequently, and typically trade close to fair value.<\/p>\n \u201cThey are not going away, since some investors prefer accessing crypto through public equity vehicles, but they are unlikely to be major drivers of valuations on either the buy side or the sell side,\u201d Pandl explained.<\/p>\n<\/blockquote>\n Instead, focus is likely to shift toward value drivers such as broader access, improved usability, and products that translate demand into market impact.<\/p>\n<\/div>\n Disclaimer<\/p>\n In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions<\/a>, Privacy Policy<\/a>, and Disclaimers<\/a> have been updated.<\/p>\n<\/div>\n<\/div>\nMarket Structure Bill to Accelerate Token Issuance<\/strong><\/h2>\n
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Conditions Align for a Bitcoin All-Time High<\/strong><\/h2>\n
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The End of DATs?<\/strong><\/h2>\n
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