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Bloomberg analysts predict a surge in cryptocurrency ETFs in 2025, driven by anticipated changes in SEC leadership. Bitcoin and Ethereum combo ETFs are expected to lead, while Litecoin and HBAR may gain quicker approval due to favorable classifications. However, Solana and XRP face delays due to ongoing legal challenges. The shift in SEC leadership, with a pro-crypto nominee expected, could create a more favorable environment for altcoin ETFs, although market demand remains uncertain.
Tether has invested in Malta-based stablecoin firm StablR, which operates the StablR Euro (EURR) and StablR USD (USDR) stablecoins, as Europe prepares for the implementation of the Markets in Crypto-Assets Regulation (MiCA) on December 30, 2024. StablR, founded in 2023, recently obtained an Electronic Money Institution license, enabling it to issue compliant stablecoins. Tether's investment reflects a strategic shift towards supporting MiCA-compliant projects, allowing it to navigate regulatory challenges while fostering innovation in the European stablecoin market.
A Bitcoin and Ethereum exchange-traded fund (ETF) is anticipated to lead a series of new crypto funds in 2025, according to analysts. Following this, ETFs for Litecoin and Hedera are expected to gain approval more readily than those for Solana and XRP, which face regulatory hurdles. The upcoming SEC leadership under Donald Trump may further influence the approval landscape for these assets.
A recent Emerson College poll reveals that 19% of US voters have engaged with cryptocurrency, with younger demographics showing the highest usage rates. Notably, 57% of crypto users view Donald Trump favorably, reflecting a growing and diverse political constituency. Additionally, a significant portion of voters prioritize pro-crypto policies when selecting candidates, indicating the potential for a more favorable regulatory environment post-2024 elections.
Binance Coin (BNB) continues to thrive within the cryptocurrency market, bolstered by its utility in the Binance ecosystem, deflationary tokenomics, and growing adoption in DeFi and NFTs. However, it faces challenges such as regulatory scrutiny and market volatility that could impact its future value.Experts predict BNB could reach $800 to $1,000 by the end of 2024, with long-term projections suggesting a potential rise to $2,000 or more by 2030, contingent on Binance's continued leadership and ecosystem expansion.
Solana (SOL) is set for significant growth in 2025, bolstered by a record $173 million in ecosystem funding during Q3 2024, technological advancements, and increasing institutional interest. The anticipated launch of a spot SOL Exchange-Traded Fund (ETF) is expected to attract more institutional investors, enhancing Solana's market position against competitors like Bitcoin and Ethereum.Improvements to Solana's infrastructure, particularly through the Firedancer client, promise to boost transaction speeds and network scalability. With a positive market sentiment and projections suggesting SOL could reach new heights, the combination of capital influx, innovation, and institutional support positions Solana as a formidable player in the digital currency landscape.
Ohio House Republican leader Derek Merrin has introduced the Ohio Bitcoin Reserve Act, allowing the state treasurer to purchase Bitcoin as part of asset allocation. This initiative aims to protect tax dollars from devaluation and embrace technological advancements in finance. Similar legislation has been proposed in Texas and Pennsylvania, reflecting a growing trend among states to consider Bitcoin as a reserve asset.
Bloomberg analyst Eric Balchunas forecasts a significant expansion of cryptocurrency ETFs by 2025, starting with combined Bitcoin and Ethereum products, followed by Litecoin, HBAR, and potentially XRP and Solana. The approval of these ETFs could enhance market stability and liquidity, attracting institutional investors and solidifying crypto's integration with traditional finance. The SEC's approval of Bitcoin ETFs in January 2024 has already led to over $123.87 billion in inflows, marking a pivotal moment for the crypto industry.
Binance, the world's largest crypto exchange, has launched Binance Alpha, a new wallet feature designed to highlight early-stage crypto projects with growth potential in the Web3 ecosystem. This platform enhances transparency in token listings by focusing on projects with strong community engagement and market traction.Key features include a spotlight on innovative tokens, quick access for seamless purchases, educational insights about emerging projects, and expert curation to align with market trends. While there are no guarantees, some tokens may be considered for future listings on the Binance Exchange.
Juan Leon, senior investment strategist at Bitwise Asset Management, predicts Ethereum will experience a significant resurgence in 2025, driven by its dominance in tokenizing real-world assets, which represents a $100 trillion market opportunity. Despite being overshadowed in 2024, Ethereum has recently seen a surge in investor confidence, with $2 billion in net inflows to spot Ethereum ETFs. Leon emphasizes that major financial institutions are actively bringing tokenized assets on-chain, positioning Ethereum as a reliable platform for this transformation, with potential fees from tokenization exceeding $100 billion annually.
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