Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026.
Bitcoin Regulations News

Bitcoin (BTC) was invented to challenge the hegemonic order of global finance, so naturally it has had a tense relationship with regulators since its early days. The technical and social roots of cryptocurrency largely stem from communities with a deep distrust of the state. From its design to its driving narratives, Bitcoin is a dissident technology.
However, due largely to founder anonymity, decentralized development and distributed architecture, Bitcoin has persisted despite early attempts by regulators to suppress the technology.
Nowadays, the legality of Bitcoin is not as ambiguous, and ongoing regulatory efforts are trying to situate it within finance rather than keep it out — from consumer protection and tax regulation to launching institutional investment vehicles such as exchange-traded funds (ETFs).
The challenge and concern around Bitcoin regulation is how patchwork legislation across jurisdictions may hinder the growth and maturation of the crypto economy that is intended to be a borderless, open financial system.
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The proposal would fund the reserve with unclaimed crypto and staking rewards rather than direct state Bitcoin purchases.
2753 - News
The SEC’s Paul Atkins and the CFTC’s Michael Selig will discuss the two agencies' crypto oversight as legislative efforts to define their roles work through the Senate.
1636 - Opinion
Bitcoin’s 20-year quantum timeline collapses. 25% of the Bitcoin supply sits in vulnerable addresses requiring urgent migration.
2991 - News
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.
1303 - News
CFTC Chair Michael Selig named two senior advisers, including a crypto lawyer who helped draft a law firm's letter that led to an SEC no-action position on crypto custody.
1620 - News
One of then-presidential candidate Donald Trump's campaign promises to the crypto industry was to fire the SEC chair “on day one“ if elected.
2427 - News
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards.
10408 - News
The new policy will allow borrowers to use Bitcoin, Ether, crypto ETFs and US dollar-backed stablecoins for asset verification and income estimates without liquidation.
3410 - Newsletter
Bitcoin breached the $95,000 mark this week amid a wider market recovery, as investors digested regulatory delays to the much-awaited CLARITY Act in the US.
3285 - How to
ETF flows, treasury stocks, mining fees, scaling trade-offs and regulation now explain Bitcoin’s market shifts better than price alone.
2334 - News
Sygnum predicts US crypto regulation will spur sovereign Bitcoin reserves and accelerate tokenized bond issuance by major financial institutions in 2026.
3107 - News
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Act–style measures.
2815 - Market Update
Bitcoin made new weekly highs above $93,000 despite a delay in the CLARITY Act legislation by US lawmakers. Can BTC hold its gains without a surge in ETF flows and retail investor demand?
3097 - Explained
Why regulation favors stablecoins over Bitcoin for salaries and how compliance, volatility and payroll rules are shaping crypto wage adoption worldwide.