Hong Fang, the big kahuna at OKX, just dropped some bombshells on Bitcoin’s fate. In a spicy interview with Bloomberg, she dialed in on the two forces she says will move the BTC needle: U.S. macro machinations and the Great Regulation Riddle. All eyes are on Trump’s moves, she warns, while crypto regs remain a hazy maze. Strap in, ’cause the market’s in for a wild ride.
Trump Tax Shakes & Regs Jigsaw: BTC in the Crosshairs
Fang’s got a read on the room—Trump’s return to the helm is keepin’ traders on the edge. His next-level tax tinkerin’, healthcare recalibrations, and foreign dance moves will vibe-check the whole macro scene. Yet, Fang’s not just eyeballin’ policy. She’s dialed deep into the crypto sphere, where every rumor and whisper about federal crypto rules hits like a meteor.
“There’s two primary currents,” Fang laid out straight. “One’s the Trump effect—how the dude’s policies gonna vibe out the tax base, the docs, the world stage, and jobz. The other one’s regulation—will they go soft or stay cold? Are we lookin’ at one playbook for the feds instead of this scattershot state-by-state madness? And who’s gettin’ the power stick—the SEC or the CFTC?”
Her take? The fate of the banks is tied to these answers. She’s bettin’ clearer rules will drop, and when they do, the big dogs might finally bite down on some BTC-backed action.
TradFi Behemoths Got Quiet FOMO & Sly BTC Bets
Fang’s got ears like a fox, and she’s spillin’ the tea: the TradFi whales have been sniffin’ round the crypto corral for the last 18 months. They ain’t loud about it, but they’re lurkin’. OKX’s internal dig found that a whopping 70% of legacy money giants got Bitcoin plans brewin’ for the next three spins around the sun. They ain’t just after vanilla BTC buys either—those shiny new spot ETFs that launched in January 2024 got ‘em curious too.
On the bigger state play? Fang’s watchin’ states tiptoe into Bitcoin, one step at a time. A national BTC stash could go from meme to reality, she figures, especially with Trump bangin’ the drum for a “Bitcoin superpower” move. A few states have dipped a toe, but Fang’s thinkin’ the feds might cannonball in sooner than later.
Bitcoin’s wild price swings don’t faze her. She’s on the long game, playin’ the HODL card, convinced that BTC’ll smoke every old-school asset in the race to the top. “Volatility’s just the entry fee,” she quipped, grinnin’ at the big picture, eyes on the moon while the FUDsters keep chirpin’.
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