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Top 5 Changes Coming to Cryptocurrency Market in 2025
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1 month agoon
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adminWith enthusiasm and excitement around the Spot ETF and Donald Trump’s win in the US election, the cryptocurrency market has witnessed quite a boost in the last few days. After a slow 2023, 2024 was anticipated to be the year of bulls, which has come true to some level. In these 11 months, eight months were positive in terms of Bitcoin growth, especially in November.
BTC created an ATH at $93k and is still trading above $9ok. Many altcoins also had similar gains, and many even achieved new ATHs. However, there are only limited days left for this year to end and the beginning of another, creating another level of excitement about what might be coming next for the crypto market.
Better Cryptocurrency Market Regulation
Since the beginning of the year, all the investors have focused on the US election results and how that will impact the cryptocurrency market. Between Donald Trump and Kamala Harris, Trump has more crypto-friendly approaches, promising better crypto regulation. On the other hand, his biggest competitor, Kamala Harris, also acknowledged the industry and promised to work on its development.
However, with Trump calling himself the Bitcoin president, launching a crypto venture, promising to fire Gary Gensler and other promises, the votes went in his favor. Interestingly, Donald Trump’s win became crypto’s win, as the cryptocurrency market turned bullish since the result declaration.
More importantly, Trump is gathering pro-crypto candidates for higher positions, so the anticipation is high for upcoming crypto regulations. Many analysts and crypto leaders have pointed out the need for clear rules and regulations for the industry, which could help the industry instead of restricting it. More importantly, many have urged that this will begin with Gary Gensler’s resignation from the SEC Chair position.
Remember:
Cycles repeat. ✅
There’s more liquidity in the system now than in 2017.
More institutions are involved.
More partnerships exist.
More crypto regulations are taking shape.
And yet, without any of these, XRP still outperformed BTC and ETH in 2017.
Documented. 📝🔑… pic.twitter.com/rONIJRIGhl
— SMQKE (@SMQKEDQG) November 16, 2024
Eventually, with Trump’s inauguration scheduled for January, the formation of a regulatory framework is likely to happen in 2025.
Increased Crypto Adoption
El Salvador and Bhutan governments are in the limelight for their Bitcoin holdings, as they have openly welcomed this crypto to achieve more financial freedom. Per the Arkham data, Bhutan has more than $1 Billion in Bitcoin holdings. More importantly, it is one-third of the country’s gross domestic product, explaining the extent of BTC adoption. Out of this, the Bhutan government sold $33M BTC through Binance when Bitcoin price surged to new ATH and made significant profits on their initial investment.
On the other hand, El Salvador has been buying BTC since 2021 amid their Bitcoin adoption plan. El Salvador now has more than 6000 BTC, worth billions today. With that, many more countries might follow soon, including the US, as the higher-ups are discussing creating a strategic Bitcoin reserve and collecting more than 1 Million Bitcoins over the next few years. In this, Senator Cynthia Lummis is the biggest supporter and has proposed selling Federal Reserve gold to buy BTC.
There are also positive indications that China might lift its crypto ban, especially with Trump planning to strengthen the US with crypto. Meanwhile, other countries like UAE, Saudi Arabia, and others are rumored to buy Bitcoin for their sovereign wealth funds. With that, 2025 will witness many nations strengthening their economy with cryptocurrency, boosting the crypto market.
Introduction of Better Cryptocurrencies
Thousands of new cryptocurrencies enter the market every year with unique functionalities and profit potential. 2024 was the year of meme-themed cryptocurrencies, where many popular memecoins entertained investors with their new gains. With that, the cryptocurrency market is now worth $3.04 Trillion in market capitalization and $191.9B in trading volume. With the constant development of the industry and new token introductions, the crypto market cap is to grow past $4 trillion in 2025.
More Spot ETF Introduction In Cryptocurrency Market
After Bitcoin and Ethereum Spot ETF, the market might witness many other ETF approvals in the upcoming few years. Many firms have already applied for Solana, XRP, and other ETFs soon after the Ethereum ETF’s approval, and more are likely to happen throughout the year. Nate Geraci, CEO of ETF Institute, also talked about the same in a recent tweet, anticipating the several spot crypto ETF filings in November alone.
Prediction…
There will be several spot crypto ETF filings this week.
XRP, SOL, ADA, etc.
Assume multiple issuers were highly prepared for election results.
No downside to getting aggressive now.
— Nate Geraci (@NateGeraci) November 11, 2024
BTC and ETH ETFs gained extreme popularity among investors. Here, the Bitcoin ETF has gained $98.66B in market cap alone, opening the possibility of approval of other popular crypto ETFs. Interestingly, Solana is likely to take the lead, says VanEck.
Cryptocurrency Market Bull Run
2025 is the year for Bull Run, where all the cryptocurrencies will achieve their prime. With Bitcoin halving in April 2024, crypto users are now awaiting this bullish time, which usually comes months after the halving event. With historical trends and the ongoing market’s bullish behavior, analysts have anticipated the Bull run to hit in early or mid-2025, making it the biggest event of the cryptocurrency market. This would entirely change the market, where continuous gains would fill investors’ pockets, cryptos would grow to new highs, and the market economy would grow.
A bullish cryptocurrency market is much more certain than before, especially with the Trump win. With better crypto regulation, increased adoption, and the rising demand of the crypto industry, 2025 is going to be big. However, it is also important to understand that market fluctuations and macroeconomic factors could change the timeline of these crypto events.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.
As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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5 Tokens Ready For A 20X After Solana ETF Approval
Published
44 minutes agoon
December 23, 2024By
adminThe US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump’s administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens.
5 Tokens That Could 20x After A Solana ETF
Bloomberg analysts recently suggested that a Solana ETF could launch at some point next year, although the exact timing remains uncertain due to some complex legal issues. Ahead of this potential launch, these are 5 tokens that could witness a significant price increase after the SEC approves a Solana ETF.
Jupiter (JUP)
Jupiter (JUP) is one of the tokens that is ready for a 20x price increase after a Solana ETF approval. The JUP price is in a good position to benefit from such bullish development, considering its status as one of the top Solana coins.
As such, the DeFi token will likely witness a parabolic surge on the back of an ETF approval. Crypto analyst Altcoin Scholar predicted that JUP could rally to $10 or higher in this bull run.
NebulaStride Token (NST)
NebulaStride Token (NST) is in a good position to witness a significant price increase after a Solana ETF approval. This ETF approval provides a bullish outlook for the crypto and NST, as a newer token, could enjoy one of the most gains.
As a newer token, NST could even record more than a 20x price increase since it has more room to run to the upside than these older coins. the token’s fundamentals also provides a bullish outlook for its as NebulaStride is revolutionizing the finance space.
Render (RENDER)
Render (RENDER) is another top Solana coin that is ready for a 20x price increase after a SOL ETF approval. The token already boasts a bullish outlook based on its ties to the artificial intelligence (AI) narrative.
Meanwhile, from a technical analysis perspective, crypto analysts have suggested that RENDER is well primed for a parabolic surge. In an X post, crypto analyst Exotrader predicted that the AI coin couuld rally to as high as $24 as long as it holds the $6.9 support level on the weekly close.
Bonk (BONK)
Bonk (BONK) has become more than just a meme coin in the Solana ecosystem. The top meme coin has gained several use cases and even boasts an exchange-traded product (ETP).
Meanwhile, it is worth mentioning the upcoming BONK token burn with 1 trillions coins set to be burnt. With this 1 trillion token burn on the horizon, the meme coin eyes a $0.11 price target.
XRP
XRP looks like an obvious play if the SEC were to approve a Solana ETF, especially if this approval comes before the one for an XRP ETF. In a scanario where a SOL ETF gets approved an XRP ETF, XRP will likely witness a 20x price increase as traders anticipate the XRP ETF next.
Moreover, crypto analysts have already provided a bullish outlook for the XRP price. One of these analysts is Dark Defender who predicted that XRP could rally to as high as $18 in this market cycle.
Conclusion
A Solana ETF approval is undoubtedly bullish for JUP, NST, RENDER, BONK, and XRP. These coins, most especially NST, are ready to enjoy a 20x price increase once these SEC approves the SOL ETF.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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BTC Risks Falling To $20K If This Happens
Published
4 hours agoon
December 23, 2024By
adminBitcoin News: A recent report from The Kobeissi Letter hints at a potential BTC crash to $20,000 in the coming few weeks. The report cited Bitcoin’s relation with the global monetary supply, saying that if the crypto continues to move in tandem, it could witness a massive dip ahead. Besides, it also comes amid highly volatile trading noted in the broader crypto market, with the flagship crypto falling below the $100K mark recently.
Bitcoin News: Why BTC Can Crash To $20K?
In the latest Bitcoin news, the crypto could face a significant correction, potentially dropping to $20,000 in the coming weeks, The Kobeissi Letter said. The report highlights Bitcoin’s historical tendency to mirror global money supply trends, suggesting a steep decline might be on the horizon. The analysis revealed a close relationship between Bitcoin prices and global monetary supply, with BTC often reacting with a 10-week lag.
As global money supply peaked at $108.5 trillion in October, Bitcoin hit an all-time high of $108,000 recently. However, a subsequent $4.1 trillion drop in money supply to $104.4 trillion, its lowest since August, raises concerns about Bitcoin’s near-term trajectory.
Meanwhile, The Kobeissi Letter raised concerns over the potential crash ahead. They noted, “If the relationship still holds, this suggests that Bitcoin prices could fall as much as $20,000 over the next few weeks.” Notably, this prediction comes amid heightened market volatility, with BTC recently slipping below the psychological $100K mark. Such movements have amplified fears of a broader selloff in the crypto market, which has already faced pressure from global economic uncertainties.
What’s Next For BTC Amid Bearish Sentiment?
The latest positive Bitcoin news and strong rally this year showcased its resilience but this potential correction could pause its bullish momentum. Traders and investors are now closely monitoring macroeconomic factors, including shifts in monetary supply, which could significantly impact BTC’s performance. However, the question remains whether Bitcoin will defy this predicted trend or align with historical patterns.
If the BTC crash occurs, it would mark a critical juncture for the cryptocurrency market, testing Bitcoin’s role as a safe haven in uncertain times. For context, Robert Kiyosaki has recently hinted towards a looming economic depression, while urging investors to buy Bitcoin amid the economic turmoil.
However, popular crypto market expert Rekt Capital also said that the crypto “has confirmed a Bearish Engulfing Candlestick formation”, highlighting the bearish momentum in the market.
In a separate post, the analyst said that BTC has lost its weekly support and its 5-week technical uptrend is over. Considering that, the expert warned about a potential multi-week correction for the crypto ahead.
However, despite that, the institutional interest remained strong for the crypto. For context, Matador has recently revealed its plan to buy $4.5 million in BTC this month. On the other hand, MicroStrategy also continued its buying trend, indicating strong market interest.
Meanwhile, BTC price today was down more than 1% to $94,430, while its one-day trading volume jumped nearly 34% to $54.39 billion. Notably, the crypto has touched a high of $97,217 over the last 24 hours. In addition, a recent Bitcoin price analysis highlights three potential reasons that could help in ending the bearish momentum ahead.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Robert Kiyosaki Hints At Economic Depression Ahead, What It Means For BTC?
Published
10 hours agoon
December 23, 2024By
adminRich Dad Poor Dad author Robert Kiyosaki has issued a stark warning while hinting towards an economic depression ahead. In a recent X post, the renowned author said that the global market crash has already started, as he predicted earlier, which indicates that the financial market might enter a “depression” phase. Notably, this comes as the crypto market records immense volatility, sparking concerns over what’s next for Bitcoin (BTC).
Robert Kiyosaki Hints At Economic Depression Ahead
Robert Kiyosaki, in a recent X post, has revealed a stark warning of a looming economic depression. The Rich Dad Poor Dad author warned that a global market crash has already begun, citing Europe, China, and the U.S. as regions facing significant downturns.
In his post, Kiyosaki urged caution, advising individuals to safeguard their finances and maintain their jobs. “Global crash has started. Europe, China, USA going down. Depression ahead?” he asked while emphasizing the enduring value of assets like gold, silver, and Bitcoin. He added, “For many people, crashes are the best times to get rich.”
This warning aligns with Kiyosaki’s earlier prediction of what he called the “biggest crash in history.” Earlier this month, he encouraged his followers to prepare for financial turmoil, stating, “Please be proactive and get rich… before the BOOMER’s go BUST.”
However, this recent comment from Robert Kiyosaki indicates his sustained confidence in BTC. As the crypto market faces heightened volatility, Bitcoin could emerge as a hedge against traditional market instability, he noted. Besides, it also indicates that the flagship crypto, alongside gold and silver, might continue to gain traction amid this economic turmoil.
What’s Next For BTC?
Bitcoin price today has continued its volatile trading, losing nearly 1.5% over the last 24 hours to $95,323. The crypto touched a high and low of $97,260 and $93,690 in the last 24 hours, showcasing the highly volatile scenario in the market.
In addition, the US Spot Bitcoin ETF also recorded significant outflow, with BlackRock Bitcoin ETF witnessing its largest outflux since its launch. This has weighed on the investors’ sentiment, sparking concerns over a waning institutional interest.
However, despite that, many experts remained confident on the asset’s future trajectory. For context, in a recent X post, Peter Brandt shared a new BTC price target, indicating his confidence in the digital asset.
On the other hand, institutions like Metaplanet have also continued to boost their BTC holdings. These moves indicates that the institutions, as well as many investors, are bullish towards the long-term potential of the crypto. Besides, as Robert Kiyosaki said, the recent dip also provides a buying opportunity to investors, which might further boost Bitcoin to its new ATH ahead.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
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