Vivek Ramaswamy’s Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digital assets, and the blockchain. Related Reading: Bitcoin Preparing For Its Next […]
The fund aims to offer exposure to MicroStrategy's convertible bonds, among others.
From blockchain boosters to crypto critics, 2024 highlighted the champions and adversaries shaping the future of digital assets.
A key figure in the cryptocurrency sector is out on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Cardano founder Charles Hoskinson will talk with Senator John Fetterman and other Democratic senators to lobby the crafting and establishment of policies that match the circumstances surrounding cryptocurrencies. […]
In a thread on X, Hitesh Malviya, co-founder of DYOR—a free on-chain analytics platform—unveiled his set of crypto predictions for the year 2025. Malviya outlines pivotal trends and shifts expected to shape the crypto landscape. Below are the top 15 predictions that stakeholders and enthusiasts should closely monitor. Top 15 Crypto Predictions For 2025 #1 US Regulation Of the Crypto Market In 2025 Malviya anticipates the formalization of the United States’ regulatory framework for cryptocurrencies by 2025. “The US crypto regulation framework has been under discussion for the past two years, but we’re yet to see any approval on it,” he states. He further predicts that during the Trump presidency, favorable regulations will emerge, significantly bolstering sectors with robust cash flows, particularly decentralized finance (DeFi). #2 Sustained Memecoin Popularity Despite anticipated regulatory interventions, Malviya expects the memecoin sector to regain its momentum. “Most of the memes will eventually have a short term hit when the regulation framework is introduced in the USA, as I don’t see them becoming part of it,” he explains. He further forecasts that regulation will “eventually create a clear divide between hyperspeculative trading assets and assets with some sort of fundamental value associated with them.” Nonetheless, like in 2024, the “majority of people will choose memes over fundamentally backed assets, even if they are not recognized by the government,” Malviya predicts, adding, “meme mania will only grow—more participants will join in the hope of changing their lives. The casino will only get bigger with time.” #3 Expansion Of Hyperspeculative Markets Beyond memecoins, Malviya foresees significant growth in hyperspeculative markets, particularly within prediction markets for events, news, affairs and almost everything. “Memes are not the most hyper-speculative market that crypto offers—prediction markets are the bigger fish in the pond. […] Prediction market platforms like Polymarket will eventually capture the largest audience in 2025,” he notes. #4 DeFi Renaissance A resurgence in DeFi is a cornerstone of Malviya’s predictions. He projects that DeFi will become a focal point for mature investors, with total value locked (TVL) in DeFi protocols surpassing $250 billion by the end of 2025. “Money markets like AAVE will eventually attract more TVL,” Malviya asserted, highlighting the role of Donald Trump’s crypto project World Liberty Financial as a key growth catalyst. “Some DeFi coins will also hit $30B-$50B market caps next year,” the expert added. Related Reading: Is The Crypto Bull Run Over? Top Exec Discusses The Market Crash #5 On-Chain Commodities Trading The integration of commodities into blockchain ecosystems is expected to gain traction. Malviya forecasts, “Different types of commodities will eventually be offered for trading on many DEXs in 2025.” Ostium Labs is identified by the expert as an early mover in this domain, with expectations that numerous projects will launch on-chain commodity trading platforms. #6 Stablecoin Market Cap Reaches $500 Billion The stablecoin sector is poised for substantial growth, with Malviya forecasting a market capitalization of $500 billion. “Many new stablecoins will eventually capture some market share from big players like USDC and USDT,” he remarked. The Reserve Protocol, facilitating asset-backed stablecoins, is singled out as a promising initiative within this expansion. #7 Rise of AI Art NFTs Artificial Intelligence-driven art NFTs are projected to garner significant attention. “Some AI artists, like Refik Anadol, can steal the maximum attention from NFT art collectors next year,” Malviya predicts. He anticipates that AI Art NFT collections may achieve floor prices reaching 100 Ethereum (ETH). Related Reading: Bitwise Exec Reveals His Personal Top 3 Crypto Predictions For 2025 #8 Staking-Driven Airdrop Mechanisms Malviya forecasts that Polygon and EigenLayer are going to have a series of major token launches next year. “I am anticipating that Polygon and EigenLayer staking will probably bring a couple of ecosystem airdrops for holders,” he explained. #9 Peak And Decline Of Initial AI Offerings (IAOs) The initial phase of IAOs is expected to reach its zenith, followed by a contraction. “IAOs are currently going through the first phase,” Malviya noted, cautioning that oversaturation will lead to the decline of many AI agents. “Only a few agents with quality data training and a clear purpose will manage to survive the AI agent winter, which is going to happen at some point next year,” the expert cautions. #10 Perpetual Bull Market Perception Malviya suggests that the bull market will persist in perception but will not be as straightforward as in the past where every altcoin surged at the same time. “That’s the saddest part of this prediction list—most people will remain delusional about a bull market, just like they are now. The market’s nature will remain rotational for a few more months,” he stated. He foresees a major correction resembling a bear cycle, yet expects an unexpected recovery influenced by potential black swan events: “I am expecting a major correction, which might resemble a bear cycle in 2025, but it will surprise people with an unexpected recovery, aligned with some potential black swan events.” #11 Focus On Privacy-Based Projects Post-regulatory clarity under Trump, privacy-centric projects are projected to gain prominence. “Confidential transactions and private computation would become a necessity at some point,” Malviya emphasized. Projects like Nillion are expected to attract substantial attention within the DeFi and DeAI sectors, catering to the growing demand for privacy solutions. #12 SUI Surpassing Solana In Daily Transactions The SUI blockchain, leveraging the SocialFi narrative, is anticipated to eclipse Solana in daily transaction volumes. “SUI is currently cooking the SocialFi narrative. Most of the application activities on SUI come from their SocialFi app, which directly deals with the creator economy. I am expecting that some of the apps from SUI will eventually crack the creator economy code and bring the masses onchain, eventually surpassing Solana in daily transaction metrics.” #13 Intense Competition Among Alternative Virtual Machines (AltVMs) The battle among AltVMs is set to intensify, with Malviya identifying contenders like Monad, MegaETH, Berachain, HyperVM, Sonic, and Sei. “One of them will capture 75% of the market share within 12 months after launch,” he predicts, attributing success to community support and developer relationships. Malviya expresses a particular interest in MegaEth Labs as a potential market leader. #14 Mainstream Adoption Of Web3 Wallets Web3 wallets are expected to achieve mainstream status, facilitated by enhanced user onboarding and intuitive interfaces. “Web3 wallets are going to become super easy for onboarding and usage next year,” Malviya states. The emergence of super apps, alongside Web3 wallets from major exchanges like OKX and Binance, is projected to drive widespread adoption through mobile platforms. #15 DEXs Capturing 30% Of Trading Volume Finally, Malviya foresees decentralized exchanges (DEXs) substantially increasing their share of trading volumes. “DEX/CEX trading volume ratio sits at 15% right now. I am expecting it to double in the next 12 months,” he asserts. The shift towards on-chain trading is attributed to the advantages of self-custody and improved onboarding technologies like account abstraction, leading to an anticipated rise in on-chain user activity. At press time, Bitcoin traded at $96,139. Featured image from iStock, chart from TradingView.com
President-elect Donald Trump has made headlines with his latest selection of Bo Hines as executive director of the newly formed Presidential Council of Advisers for Digital Assets, also known as the “Crypto Council”. This announcement, made via Trump’s Truth Social account, is a key step in shaping the incoming administration’s stance on cryptocurrency and blockchain technology. […]
The Council of Economic Advisors is tasked with providing the President advice on economic issues.
"I'm a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity," Miran recently said in a podcast.
World Liberty Financial (WLFI), the latest venture by incoming US President Donald Trump, has generated a lot of interest in the cryptocurrency space. WLFI has been working on strategic projects in the field of decentralized finance. By quickly acquiring digital assets, the project has attracted the interest of both skeptics and enthusiasts in the crypto world. Related Reading: Ethereum To Outpace Solana In 2025, Bitwise CIO Asserts Trump, WLFI Add 722 Ether To Its Inventory During the latest power play, WLFI took advantage of market downturn to buy 722 Ether worth approximately $2.5 million. Using this strategic acquisition, they have managed to increase the total Ethereum holdings to as high as 15,598 tokens, which can now be valued at approximately $53 million. The acquisition itself will clearly indicate WLFI’s move into becoming a major player within the DeFi landscape. The main goal of the project is to democratize crypto loans, therefore challenging traditional financial institutions. This value proposition is fascinating. Investors who are now looking for alternatives to conventional financial systems especially in the present environment of banking uncertainty have found great resonance in this message. According to Arkham, the Trump family crypto project, World Liberty, purchased 722.213 ETH for 2.5M USDC via Cow Protocol on December 20 at 6:54 UTC+8. The project now holds a total of 15.595K ETH, valued at approximately $53.61M. https://t.co/CklEuO9IEH — Wu Blockchain (@WuBlockchain) December 20, 2024 Diversifying To Other Coins WLFI has not only been focusing on buying things quickly in Ethereum. Reports say that a lot of money is being put into other well-known coins, like Aave (AAVE) and Chainlink (LINK). These acts show a well-thought-out plan to build a diverse portfolio, which fits with what Trump called a “financial revolution.” The involvement of TRON founder Justin Sun, who has committed $30 million to the initiative as its leading investor and advisor, has been perhaps the most significant development. Sun’s involvement contributes significant cryptocurrency expertise to WLFI, while Trump’s brand recognition garners interest from both retail and institutional investors. Related Reading: XRP Will Create Millionaires, Analyst Declares In Wealth Projection Questions Linger Despite all this, criticism has also surrounded the partnership regarding fears over the likelihood of conflicts of interest and people finding ways to benefit from the venture to receive political patronage. WLFI is now under the watchful eyes of market observers, as it keeps refining its product offerings and expanding its asset base. Those who are not comfortable with traditional banks would find some solace in their offer to challenge accepted wisdom in finance. Still under discussion, though, is how WLFI will stand out in a DeFi market that is progressively crowded. Sun’s large financial support as well as Trump’s well-publicized leadership have definitely created tremendous momentum in the crypto market. Still, WLFI’s ultimate success will rely on its capacity to fulfill its great expectations in the face of legal challenges and unstable markets. Featured image from Evan Vucci/AP via CNN Newsource, chart from TradingView
World Liberty Financial (WLFI), the decentralized finance (DeFi) platform funded by Donald Trump and his family, has made news for its recent acquisition of ONDO tokens. According to Arkham Intelligence’s on-chain statistics, on December 16, 2024, WLFI purchased 134,216 ONDO tokens via the Cow Protocol for about $250,000 USDC. Related Reading: $36 Trillion Question: Can […]
Donald Trump’s team is intent on consolidating or even eliminating some long-standing banking watchdogs, WSJ reports, while Wall Street Pepe ($WEPE) fans cheer. Trump’s incoming US presidency has signaled a promising forecast for cryptocurrency regulations in the US. Now, his newly formed Department of Government Efficiency (DOGE), championed by Trump’s right-hand man and Meme Overlord […]
Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report.
US President-elect Donald Trump’s World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11. These are the fund’s first recorded acquisitions of both AAVE and LINK, while overall purchases in the last 12 days total around $30 million in USDC spent to secure more than 8,000 ETH at an average price of $3,701. Trump’s World Liberty(@worldlibertyfi) is buying $ETH, $LINK and $AAVE! In the past 9 hours, the World Liberty Multisig wallet spent 10M $USDC to buy 2,631 $ETH at $3,801, 1M $USDC to buy 41,335 $LINK at $24.2, and 1M $USDC to buy 3,357 $AAVE at $297.8.https://t.co/mtD0c2tvvo pic.twitter.com/B11KvcwRJQ — Lookonchain (@lookonchain) December 12, 2024 Shortly after the news surfaced, AAVE soared roughly 31% in the past 24 hours, and LINK rose by about 23.5%. Related Reading: Chainlink Price Shines With 40% Rally — Is $28.5 Possible? The surge coincides with World Liberty Financial’s recent decision to integrate Chainlink’s technology. Last month, WLF announced that it “will leverage Chainlink as the standard for onchain data and cross-chain interoperability” to secure its protocol ecosystem. The press release described Chainlink as “the most secure solution for solving critical security, interoperability, and onchain data problems” while noting that this would “kick off the next wave of DeFi mass adoption” for WLFI. The platform plans to integrate Chainlink Price Feeds on Ethereum mainnet in anticipation of deploying a World Liberty Financial version of Aave’s v3 instance, pending governance approval. Related Reading: Whale Activity Sparks Chainlink Rally, $52 Target On Traders’ Radar In October, WLF submitted a proposal on the Aave governance forums seeking to deploy its own Aave v3 environment. Aave founder Stani Kulechov has confirmed that WLF’s instance is not a direct fork of Aave’s code but operates as a segregated version tied to separate, KYC-compliant front-ends. While this means WLF is tapping into the largest smart contract-compatible public blockchain and leveraging core decentralized finance primitives, it also maintains stringent compliance requirements. The project is initially limited to accredited investors within the United States. AAVE, which has risen by roughly 138% over the last five weeks, is also showing technical resilience. Today’s price action pushed it above the 0.5 Fib level at $356.84 (drawn from the all-time high to the cycle low). If this level holds on a weekly closing basis, upside targets could include the 0.618 Fib at $430.29, the 0.786 Fib at $534.87, and ultimately the ATH from May 2021 at $668. Chainlink’s performance over the past five weeks has been particularly strong, posting a gain of more than 175%. The most critical technical resistance level now appears to be the 0.5 Fibonacci retracement at $28.88. A decisive break above this level could open the path to the 0.618 Fib at $34.57, the 0.786 Fib at $42.67, and potentially the all-time high (ATH) from May 2021 at $53. At press time, LINK traded at $27.67. Featured image created with DALL.E, chart from TradingView.com
The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether’s USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency. Cornerstone Of A Financial Revolution Eric believes that Bitcoin being traded at $1 million per coin may happen soon, describing the crypto as the “cornerstone of a financial revolution.” COMMENT: Eric Trump is confident that Bitcoin will hit $1M. https://t.co/iFb5cmzpFz — BSCN (@BSCNews) December 10, 2024 Trump’s son made the fearless forecast as he talked to the attendees of the Bitcoin MENA 2024 conference in Abu Dhabi on December 9, delivering his prediction to the audience without any taint of doubt on the capability of Bitcoin to hit that milestone. “I can tell you a hell of a lot more eyes are going to be opened when Bitcoin hits $1 million. And I’m confident it’s going to hit $1 million. I think we’re all confident in this room that it’s going to hit a million,” Eric stated. According to Eric, he sees Bitcoin as a “global asset”, pointing out the global significance of the crypto in a time wherein the threat of inflation, political instability, and natural disasters is rampant. For the Trump Organization’s vice president, the future of finance is Bitcoin, arguing that the crypto is a powerful hedge against the traditional financial system’s inefficiencies because of its decentralized quality and fixed supply of 21 million coins. “Bitcoin eliminates the need for tens of thousands of bankers pushing paperwork for exorbitant fees,” he added. More Accessible Financial Tool Eric noted that what makes Bitcoin successful as a global asset is its accessibility, adding that crypto does not need intermediaries such as banks or brokers in its transactions. Trump’s son stressed the global appeal of cryptocurrency and how user-friendly is the digital asset as compared to traditional real estate investments. “Unlike real estate, Bitcoin is not tied to geography. It’s global, instantly liquid. You can buy or sell it while having dinner with your spouse,” Eric explained. Moreover, Eric emphasized that Bitcoin could empower people in developing nations. “Bitcoin gives everybody the opportunity around the world to participate in ways they never otherwise would have thought, no matter their wealth, no matter their location,” he remarked. Related Reading: HBAR To Hit $100? Analyst Points To Utility And Market Cap Potential Trump Family To Support Bitcoin Eric vowed that his father and their entire family would continue to advocate cryptocurrency, pledging they would keep on playing an essential role in the global financial landscape. He remarked that his father, Donald Trump, helped fuel the recent surge in the alpha cryptocurrency, adding that he will lead the United States into the “digital revolution.” Eric Trump said that the people, governments, and institutions who embraced Bitcoin will become the biggest winners in the digital revolution. Featured image from DALL-E, chart from TradingView
$2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs.
Ripple’s XRP is one of the most-talked-about tokens right now, thanks primarily to its erratic price action, a possibly favorable Securities and Exchange Commission (SEC), and potential benefit to the global financial system. Related Reading: Bitcoin State: Florida Pensions Take $1.85 Billion Leap Into Crypto Unlike other tokens, Ripple’s XRP aims to serve the banking […]
The rivalry between two respected tech giants continues, which is evident in a congratulatory post that might have reignited the rift between the two former allies in AI tech. SpaceX CEO Elon Musk took a swipe at his rival, OpenAI CEO Sam Altman, after the latter congratulated David Sacks for being nominated by US President-elect Donald […]
Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now worth roughly $100,000 and is the most valuable cryptocurrency ever.
On Dec. 6, US President-elect Donald Trump announced on Truth Social that David Sacks has been named the “White House AI and Crypto Czar. ” In his new role, Sacks will lead efforts to establish a legal framework for crypto regulation and chair the Presidential Council of Advisors for Science and Technology. Essentially, the appointment positions him […]
The post Donald Trump appoints David Sacks to lead AI and crypto policy in new administration appeared first on CryptoSlate.
Donald Trump has appointed former PayPal operating chief David Sacks, known for co-hosting the “All In” podcast, as his top AI and crypto adviser.
President-elect Donald Trump is reportedly considering appointing prominent figures with pro-crypto stances to lead the Commodity Futures Trading Commission (CFTC), an agency poised to play a pivotal role for the digital assets industry. This move aligns with Trump’s campaign promises to transform the United States into the “crypto capital of the planet” and a “Bitcoin […]
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
Now that incoming US President Donald Trump is warming up for his second administration, many in the crypto industry expect big things for tech and crypto. According to Cathie Wood of Ark Investment Management, Trump’s win will spur innovation in artificial intelligence, tech, and cryptocurrencies. Related Reading: Michael Saylor’s Thanksgiving: A Feast Featuring Bitcoin-Topped Turkey […]
The research firm considers ETH an attractive investment opportunity, citing rising investor interest relative to Bitcoin.
Donald Trump’s election victory, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge.
While many crypto community members celebrated Donald Trump’s reelection, some may have felt differently.
The incoming heads of the newly established Department of Government Efficiency (D.O.G.E.) have an ambitious plan of slashing federal agencies’ spending by $2 trillion, locking in its crosshairs several agencies for sweeping budget cuts. Related Reading: Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns One of the D.O.G.E. leaders, Tesla CEO Elon Musk, said that he targets to reduce federal spending on the Internal Revenue Service (IRS). Targeting The IRS The dynamic duo of Musk and Vivek Ramaswamy vowed to orchestrate a spending cut on federal agencies, aiming to reduce the federal budget by $2 trillion. The D.O.G.E. leaders said that they will pursue budget cuts on federal agencies which they consider as bloated or outdated. Musk said that one of these government agencies is the IRS, saying, “The IRS is a mess.” The Tesla CEO pointed out that the IRS has been plagued with inefficiency and scandals for years while suggesting a free tax filing app and the conduct of an audit. He also wanted to lay off a huge number of employees, reducing what he believed was “administrative overgrowth.” In a poll on X, Musk asked the netizens what the budget of the IRS should be. The federal agency is requesting an additional $20 billion in funds. The IRS just said it wants $20B more money. Do you think it’s budget should be: — Elon Musk (@elonmusk) November 27, 2024 “The IRS just said it wants $20B more money. Do you think its budget should be: Increased, Same, Decreased, Deleted,” he said. The poll results showed that 60.6% of the respondents wanted to delete the IRS budget while 29.9% voted to decrease the budget. Meanwhile, 5.6% said they are in favor of increasing the budget while 3.9% agreed that it should remain the same. Other Agencies In The Crosshair Musk and Vivek are eyeing to scrutinize the budget of multiple federal agencies to cut government spending. The duo also targets another watchdog agency for financial practices, the Consumer Financial Protection Bureau (CFPB). Musk recommended deleting the CFPB, raising concerns about the future of the agency. For Vivek, he wanted “mass reductions” in the Department of Education. President-elect Donald Trump has been calling for the dismantling of the department for many years now and it seems that it will happen in his return to the White House. Vivek Eyes Budget Cut On Defense Vivek also slammed the enormous budget of the Department of Defense, saying that the Pentagon wastes around $125 billion annually on bureaucracy. However, the $3.6 billion defense contract of the Musk-owned SpaceX seems to be exempted from the budget-slashing program of D.O.G.E. Several critics have argued that D.O.G.E.’s functions overlap with other existing agencies, claiming that the government efficiency department might only be a redundancy. Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report The Role Of D.O.G.E. D.O.G.E. is meant to make government work easier. The name is a reference to Dogecoin, which shows how important Musk is in Trump’s government. Musk’s role in this department has caused people to wonder how it might affect Dogecoin’s value and reputation in the market. After Trump won the election, Dogecoin’s value went up a lot. This was because Musk is working with the new government and has a history of promoting the cryptocurrency. Reports say that talking about D.O.G.E. at campaign meetings has caused Dogecoin prices to rise. This shows that there is a direct link between political events and how the meme coin market reacts to them. Featured image from Dimitrios Kambouris/Getty Images for The Met Museum, chart from TradingView
A well-known gold advocate denounced MicroStrategy’s investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country. Related Reading: Is Bitcoin Suriname’s Future? Presidential Candidate Makes Bold Pitch […]
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.