Growing Governmental and Institutional interests
This has cause a major shake up in the market and we cannot deny the fact that institutional and government bodies plays a vital role to how the market reacts these days. Coming in as investors is what makes it more interesting, it can only be one thing in the end, which is more adoption and will eventually result to higher price effect in the market.
Regulatory Transparency Is Improving
The regulatory structures around the crypto space are gradually becoming clearer by the day. While regulations seem be discouraging to some people, they generally enabling environment for wider adoption and investor protection in Bitcoin and cryptocurrency in general.
This has been discussed in the past several times, for us to see a wide adoption of Bitcoin and more users on board to the extent of having a global adoption, regulations has to take place even though that is not the consensus to which we want Bitcoin to trail on. This can be discouraging for most people that love decentralization more, but it is likely to just be what it is to be frank with the reality.