The Federal Reserve has rescinded key Biden-era regulations that previously required banks to seek regulatory pre-approval and notify regulators before engaging in digital asset activities, including those involving Bitcoin and other cryptocurrencies. This policy shift eliminates the need for banks to pre-announce crypto plans or obtain special approvals for working with dollar tokens, thereby integrating crypto oversight into standard banking supervision. The move is seen as a significant easing of restrictions, allowing American banks to freely provide Bitcoin and broader crypto services to clients. The change has been welcomed by financial committees and industry observers as a step toward broader digital asset adoption and innovation within the U.S. financial system. Following this regulatory update, prominent crypto advocates such as Michael Saylor, Pantera Capital CEO, Max Keiser, Anthony Pompliano, and Adam Back have expressed bullish outlooks on Bitcoin's price, with predictions ranging from $500,000 to $50 million per coin. Michael Saylor has also indicated plans to purchase more Bitcoin imminently, signaling confidence in the market's future growth.