Connect with us

24/7 Cryptocurrency News

Top 5 Changes Coming to Cryptocurrency Market in 2025

Published

4 months ago

on


With 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.

✓ Share:

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.





Source link

Related Topics:
Continue Reading

24/7 Cryptocurrency News

3 Altcoins to Sell Before March 31 to Prepare for Crypto Bull Market

Published

8 hours ago

on

March 28, 2025

By


Historical data presents March as one of the bullish months for cryptocurrencies, but there are some exceptions, including this year. With uncertainty and unfilled expectations from the U.S. Strategic Bitcoin Reserve and other factors, the crypto market faces a consistent downtrend. However, the expectations are rising for next month’s crypto bull market, but before this, let’s discuss the top altcoins to sell that lack significant price rally potential. 

3 Altcoins To Sell Before March 31

Amid millions of cryptocurrencies, only a bunch offer significant returns, while the others fail. In the current market, almost every digital asset is struggling, but the performance is even worse for some, such as Solana, GameStop, and Official Trump, making them the top altcoins to sell before the crypto bull market. Why? Let’s discuss this. 

1. Solana (SOL)

Solana has long lost its bullish performance due to the massive drop in the demand for meme coins. More importantly, it is less likely for the demand to return to its original state per analysts, which is why there are certain doubts about SOL’s price performance. 

2. GameStop (GME)

GME was among the top bullish altcoins back in 2024, but that has changed this year. The uncertainty is rising around the gaming company as the GameStop stock price is affected severely by their decision to build Bitcoin treasure. Amid uncertainty and mixed sentiments, investors must consider such altcoins to sell. 

3. Official Trump (TRUMP)

Other than its bullish performance at launch, the TRUMP meme coin has only declined in performance per CoinmarketCap. It is often discussed due to its poor performance, insider trading, and other controversial topics. Its bearish performance and controversies build the demand to sell this crypto.

Final Thoughts

Although downtrends and price drops are common, some crypto are not worth holding for longer due to their poor performance and internal issues. As the crypto bull market approaches, consider top cryptos to buy, like Bitcoin and others, such as Solana, TRUMP, GameStop, and other altcoins to sell. 

Frequently Asked Questions (FAQs)

Due to their prolonged poor performance and bears’ dominance, investors can consider selling these altcoins.

Based on historical patterns and demand, altcoins like BNB, XRP, Cardano, and others pose a high uptrend possibility.

Experts believe 2025 will witness one of the most bullish crypto bull markets due to the Bitcoin price halving cycle, increased regulatory clarity, etc.

✓ Share:


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.





Source link

Continue Reading

24/7 Cryptocurrency News

Coinbase CLO Applauds US SEC Chair Nominee Paul Atkins Ahead of Senate Confirmation

Published

1 day ago

on

March 27, 2025

By


The nomination of Paul Atkins to become the next chairman of the U.S. Securities and Exchange Commission (SEC) has sparked strong reactions from both supporters and critics.

Among those expressing support is Paul Grewal, Chief Legal Officer of Coinbase, who recently attended a Senate Banking Committee hearing on Atkins’ confirmation. Coinbase CLO  Paul Grewal has highlighted the importance of Atkins’ leadership in bringing clarity to the regulatory landscape for digital assets.

Coinbase CLO Applauds US SEC Chair Nominee Paul Atkins

At the Senate Banking Committee hearing, Paul Atkins highlighted that there should be clear rules and approaches to the digital assets which is in line with the Coinbase’s CLO. Grewal shared his appreciation of Atkins by tweeting and arguing that policy certainty is vital for the improvement and progression of the new economy in the United States. According to the Coinbase’s Chief Legal Officer Paul Grewal, greater clarity on regulation of cryptocurrencies would create new markets and a shield consumers and place the nation at the front row of technology ad finance.

Under his regime, Atkins revealed that digital assets would be prioritized since the current legal frameworks are a hindrance to development. “Unclear, overly politicized, complicated and burdensome regulations are stifling capital formation,” Atkins said during the hearing.

In addition to his focus on crypto, Mr. Atkins, alongside Comptroller of the Currency nominee Jonathan Gould, also addressed the issue of debanking during the hearing. The two nominees committed to ending this practice, which they both described as undemocratic. “It’s time for the SEC to get back to basics,” Coinbase’s CLO said.

This is in tandem with Coinbase urging regulators to be more clear on their regulations especially after having had a taste of the regulatory endeavours in the recent past.

“Getting workable rules and regulatory clarity for crypto will unlock US-based innovation,” Coinbase CLO Paul Grewal commented.

Senator Elizabeth Warren Calls Out Paul Atkins’ Nomination

Warren’s concerns also extend to the broader financial crisis of 2008. She accused Atkins of downplaying the risks leading up to the crash. Atkins, in response, defended his past record, attributing the crisis to the subprime mortgage market, specifically the role of Fannie Mae and Freddie Mac. Nonetheless, these criticisms are unlikely to prevent his confirmation by the GOP-controlled Senate.

Atkins’ Financial Holdings and Divestment Plans

Atkins’ financial background has raised questions about potential conflicts of interest. His stake in Patomak Global Partners, a consulting firm he founded, has come under scrutiny.

According to government filings, Atkins’ stake in the firm is worth at least $25 million, while his total net worth is estimated at over $327 million.

In light of these concerns, Atkins has committed to divesting from Patomak and other holdings within 90 days of his confirmation. He also pledged to meet or exceed the same ethical standards applied to previous SEC nominees. However, Senator Warren has pressed Atkins to provide more details about who will purchase his stake and whether they will gain any undue access to his potential position as SEC chair.

US Crypto Regulatory Changes Looming

If confirmed, Atkins is expected to push for a reduction in financial regulations, a shift away from some policies introduced under the Biden administration. For instance, the SEC under Gary Gensler’s leadership focused on aggressive regulation of cryptocurrency firms, often accusing them of failing to register as exchanges.

Atkins, by contrast, has expressed a desire for a regulatory framework that fosters capital formation rather than imposing burdensome rules.

Critics of Gensler’s approach see Atkins as a favorable alternative. “It’ll be more of an emphasis on capital formation and investment choice,” said Nick Morgan, a former SEC attorney. This shift could provide a clearer path for companies in the digital asset sector, allowing them to operate with fewer regulatory hurdles.

✓ Share:

Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

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

Continue Reading

24/7 Cryptocurrency News

Dogecoin Price Eyes 10x Breakout After Elon Musk Ghibli Anime

Published

2 days ago

on

March 27, 2025

By


Dogecoin price has been showing major strength recently with more than 14% gains on the weekly chart and eyeing a potential breakout above $0.21, after which it can kickstart rally to $2 for another 10x gains. Furthermore, Elon Musk has once again teased DOGE, sharing a Ghibli Anime character of his from a famour scene from “The Lion King”.

Dogecoin Price Eyes A 10x Breakout Ahead

In the last 24 hours, the Dogecoin price has surged another 4%, moving to $0.205 with its market cap just touching $30 billion. Additionally, the daily trading volumes have surged more than 32%, crossing $2 billion showing a strong bullish sentiment aong traders.

Additionally, the Coinglass data shows that the DOGE futures open interest is also up 4%, moving above $2 billion, while the 24-hour liquidations have soared to $13.82 million. Popular crypto analyst CryptoELITES has cited the formation of a cup-and-handle chart pattern, wherein the DOGE price is on the move to complete the cup pattern. As a result, he expects the meme coin to register 10x gains from here onwards.

Source: CryptoELITES

Some traders also expect the DOGE price rally to continue to $8 as the meme coin breaks past the three-month trendline.

DOGE SuperTrend Indicator

Crypto analyst Ali Martinez has highlighted a potential bullish phase for Dogecoin (DOGE) based on the SuperTrend indicator. According to Martinez, the popular meme coin could enter a significant upward trend if it manages to break through the critical resistance level of $0.21.

The SuperTrend indicator usually helps to identify trend reversals and potential breakout points. Thus, surpassing this key threshold of $0.21 Dogecoin price could signal renewed investor momentum for the meme coin.

Source: Ali Martinez

Elon Musk Teases the DOGE Ghibli Anime

In a parody of the famous scene from Disney’s “The Lion King,” Elon Musk once again teases Dogecoin with the much popular Ghibli Anime character. Instead of a lion cub, the character is holding up a Shiba Inu dog – the mascot of the Dogecoin cryptocurrency.

The animated image is reminiscent of Studio Ghibli. The Ghibli Animes are seeing massive popularity recently, and Elon Musk jumping into the trend with DOGE, could provide further catalysts for the meme coin. Furthermore, the Dogecoin price prediction charts show a probable consolidation above $0.20 for the month of April.

✓ Share:

Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

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

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon