According to Paolo Ardoino on Twitter, Bitfinex has reaffirmed its strong support for Bitcoin, signaling continued institutional confidence in the leading cryptocurrency (source: @paoloardoino, Twitter, May 8, 2025). This public endorsement by a major exchange may encourage increased trading activity and liquidity for Bitcoin, potentially influencing market sentiment and price volatility in the short term. Traders should monitor Bitfinex order books and transaction flows for potential trading opportunities linked to this declaration.

According to @justinsuntron, Harvard University has shown support for his initiatives, as shared in his tweet on April 29, 2025 (source: Twitter). While specific details are not disclosed, this recognition from a leading academic institution could enhance the credibility and visibility of the TRON (TRX) ecosystem among institutional and retail traders. Historically, endorsements or acknowledgments from major universities have coincided with increased trading volume and positive sentiment for related crypto assets (source: market research reports). Traders should monitor TRX price action and on-chain metrics for potential surges in volatility following this news.

According to Miles Deutscher, the regulatory foundations for Bitcoin are extremely bullish, with 117 pro-Bitcoin bills currently proposed in the U.S. This indicates a strong institutional support for Bitcoin, which traders should consider in their long-term strategies. As regulatory clarity increases, other nations are likely to implement similar frameworks.

According to Ki Young Ju, financial powerhouses have chosen to back Bitcoin, suggesting traders should align with this trend and avoid opposing the institutional momentum.