Paolo Ardoino: This Tuesday will be decisive for Bitcoin (BTC)

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Bitcoin could be on the cusp of significant changes, according to prominent figures in the crypto industry, fueling anticipation ahead of Tuesday's announcement.

Tether CEO Paolo Ardoino emphasized BTC's resilience and called it a cryptocurrency pioneer.

Political shift on Tuesday

On Sunday, Satoshi Action Fund CEO and co-founder Dennis Porter hinted at political news about Bitcoin expected on Tuesday, September 23.

“Bitcoin is expected to see major political news on Tuesday that will change the trajectory of Bitcoin politics. This will be a defining moment,” he wrote on social media platform X (formerly Twitter).

Porter, whose nonprofit promotes bitcoin policy and education in Washington, hinted at important phone calls, pointing to news he believes will be favorable for bitcoin.

Opinions from industry leaders

The comments sparked a storm of reactions in the industry. Crypto influencer Wendy O added to the intrigue by pointing out that the news could impact the future of cryptocurrencies and Bitcoin.

Tether's Paolo Ardoino then reaffirmed Bitcoin's broader role in the global financial system. Calling Bitcoin “certainty,” Ardoino positioned the asset not simply as a speculative instrument, but as a stable anchor in an unstable global order.

Meanwhile, longtime Bitcoin proponent Fred Krueger noted that Dennis Porter's hype resembles an attempt to attract attention.

What's happening in the US?

These rumors and hints coincide with the Bitcoin policy debate in the US. From debates over mining regulations to new lobbying efforts in Congress, BTC's political trajectory has become a key factor in its adoption and institutional participation.

However, the mystery remains, as details about the nature of the announcement were not released on Tuesday. The uncertainty is fueling market chatter, where speculation and expectations play as important a role as fundamental factors.

Bitcoin (BTC) Price Dynamics Bitcoin (BTC) Price Dynamics. Source: BeInCrypto

At the time of writing, Bitcoin was trading at $112,699, down 2.75% over the past 24 hours.

Source: cryptonews.net

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