Industry veterans see Bitcoin and Ethereum heading 'to the moon' as regulatory pressure fades

Industry veterans see Bitcoin and Ethereum heading 'to the moon' as regulatory pressure fades originally appeared on TheStreet.

In an interview with TheStreet Roundtable, crypto influencer Wendy O and Amberdata co-founder and chief operating officer Tongtong Gong outlined their outlooks for Bitcoin and Ethereum and highlighted key narratives poised to shape the crypto market.

Wendy O said, “I’m going to say Bitcoin tops maybe $150,000. I don’t want people to get mad at me. Ethereum, I want $10,000 because I’m a big bag holder.”

She added that she relishes competition among layer-one blockchains — from Hedera and Solana to Avalanche, Ethereum and Sui. “I love to see all the layer ones battling with positive competition. It’s capitalism at its finest.”

Emphasizing the entrepreneurial spirit behind new networks, she noted, “not talking about corporate capitalism, talking about these essentially small businesses that were created to compete with Ethereum because they said, hey, we want a piece of that. We can do it better.”

Regulatory shift and institutional demand

Tongtong highlighted that regulatory headwinds are turning into tailwinds. “If you ask me, I would say to the moon. That’s where it’s going,” she said, reflecting optimism after years of “unclear, unfair thing after another” in Washington.

She described a sudden hockey-stick surge in institutional interest. Institutions have been cautiously dipping toes into crypto. “I like to say they’re not taking a step in yet. They’re just dipping their little toe in there and testing out the water,” she explained, praising data and charts as essential on-ramps for new asset classes.

Tongtong also recalled retail investors piling in. She recalled asking her financial advisor to allocate a small portion of her retirement account to crypto, only to be told, “aren’t you 100 % in crypto already?” She said demand is “starting to materialize,” and firms without crypto offerings risk being left behind.

Tongtong described Amberdata’s role in guiding newcomers. “What we really do, what we are is the ramp up like the on-ramp for anyone try to figure out what to do with this new asset class,” she said. She added that their services “evolve and grow with our customer base and with their ambition in the crypto industry.”

As institutions deepen their commitment, she said, data will be crucial for risk management, trading signals and asset valuation.

Industry veterans see Bitcoin and Ethereum heading 'to the moon' as regulatory pressure fades first appeared on TheStreet on Jun 13, 2025

This story was originally reported by TheStreet on Jun 13, 2025, where it first appeared.

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