Tag: crypto

Binance CEO: we’re seeing a “tactical retreat” with crypto “not a reversal”
- Richard Teng indicated that the crypto market tends to bounce back after major geopolitical events
- Teng’s remarks come as Bitcoin dropped below $90,000 earlier this week following the news of US President Donald Trump’s trade tariffs on Canada and Mexico
What we’re seeing with crypto market prices is a “tactual retreat, not a reversal,” according to Binance’s CEO.

In a series of posts on X, Richard Teng said crypto markets typically bounce back after major events.

“History has shown that crypto markets react to macroeconomic shifts much like traditional assets, but they also bounce back with remarkable resilience,” he said, adding “what we are witnessing now is another short-term tactical retreat, far from a structural decline.”

History has shown that crypto markets react to macroeconomic shifts much like traditional assets, but they also bounce back with remarkable resilience.

Remember 2022? #Bitcoin briefly dipped below $20,000 during Fed rate hikes, only to recover as conditions stabilized. 📈

— Richard Teng (@_RichardTeng) February 25, 2025

Bitcoin drops to $87,000 for the first time since November

Teng’s post comes as Bitcoin dropped below $90,000 earlier this week following the news that US President Donald Trump had confirmed trade tariffs on Canada and Mexico.

Speaking to CoinJournal, James Toledano, COO at Unity Wallet, said many believed that Bitcoin’s price would continue rising once Trump entered the White House, adding:

“But the reality is that the price has gone south, likely due to tariff trade wars, fragile peace talks in Eastern Europe, and fears around DeepSeek’s impact on the US tech sector. But this could also just be a momentary lapse of pricing reason.”

Continuing on X, Teng said: “Price movements often overshadow what’s happening beneath the surface, but the core drivers of crypto’s growth remain firmly intact.”

Crypto ETF filings on the rise

According to Teng, the rising number of crypto exchange-traded funds (ETFs) is a good sign for the market.

He added that market cycles come and go, but the fundamental indicators of crypto’s strength are getting stronger.

Earlier this month, the Chicago Board Options Exchange (Cboe) filed four separate filings on behalf of issuers to launch spot XRP ETFs.

Last week, the US Securities and Exchange Commission (SEC) acknowledged 19b-4 filings from Grayscale to list spot Dogecoin and XRP ETFs. More recently, Grayscale filed for a Polkadot ETF, making it the latest crypto ETF application submitted in the past few months.

In October, Bitwise filed an S-1 form with the SEC for an XRP ETF. Similarly, Canary Capital filed for an XRP ETF last year, reflecting its broader strategy of bringing multiple crypto ETFs to the market.

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February 26, 2025
Blockchain Forum 2025: Global crypto leaders to meet in Moscow

The countdown is on for the highly anticipated 14th Blockchain Forum, set to take place in the heart of Moscow on April 23-24, 2025.

As the CIS market continues to solidify its global role in the cryptocurrency industry, this year’s forum is expected to attract over 15,000 participants, featuring some of the most influential names in Web3, cryptocurrency, and mining from more than 130 countries.

The last event in Dubai generated significant buzz ahead of the bull run, bringing together industry leaders from Tether, TRON, Ledger, Trust Wallet, Tezos, Binance, TON, OKX, Ripple, Bitmain, Bybit, Animoca Brands, Circle, BingX, ICP, Kraken, Sandbox, Polygon, Litecoin, Sui, BNB Chain, Cardano, DYDX, VeChain, Osmosis, Chiliz, Algorand, Ether Fi, Manta, Mantle, and Delysium.

As always, attendees can look forward to exclusive insights from market leaders, behind-the-scenes discussions, and countless networking opportunities. Founders and top executives from major companies will unveil strategies for capitalizing on current seasonal trends.

Simultaneous translation of all presentations of worldwide stars into English will be provided free of charge.

In addition, industry giants and opinion leaders will converge at the forum, vying for prestigious accolades at the Blockchain Life Awards, which will celebrate its 12th edition this year. This presents a unique opportunity to encounter CEOs of major exchanges and founders of renowned projects just on their way to the main stage, making exclusive connections more accessible than ever. Don’t miss your chance for invaluable networking opportunities!

The presale is in full swing — secure your tickets now, as prices are expected to increase dramatically as the forum date approaches. We’ll see you there.

Enjoy a 10% discount using the promo code COINJOURNAL at https://blockchain.forum/en

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February 18, 2025
Bitcoin Pepe’s potential sets it for 100X gains as crypto majors stall

Despite the optimism and steady fundamentals that continue to buoy cryptocurrencies, majors like Bitcoin and Cardano remain range-bound. Even so, revolutionary projects founded on the ultra-popular meme culture are thriving. Among the fresh entities worth watching is Bitcoin Pepe.

The meme project’s growth potential and subsequent FOMO is unmatched. In just the first 90 seconds of its presale, it has already sold out its stage 1. The one-of-a-kind project has maintained that momentum and is currently at stage 4. With 26 more stages to go before its launch in Q2’25, this is the ideal opportunity for savvy investors to amass some BPEP tokens.

Bitcoin’s anticipated breakout is on the horizon

Bitcoin price is still in a tight range even as the bulls remain in control. After hitting a fresh record high in late January 2025, the crypto major is back to the consolidation phase that has been in place since November 2024.

As seen on Binance, the crypto fear & greed index is at a neutral level of 50, indicating that investors are on the sidelines. Even so, the support zone of $90,000 will likely remain steady in the short to medium term.

In the absence of a major near-term catalyst, the range between $93,365 and $98,381 is worth watching. Infact, the range’s upper limit is the point of convergence for the 25 and 50-day EMAs. The confirmation of a golden cross, occurring when the short-term MA crosses the medium-term one to the upside, will likely bolster the crypto to the upper resistance level of $101,549.

Bitcoin Price

Bitcoin Pepe price to surge by over 300% before Q2’s launch

All fundamentals point to Bitcoin Pepe being one of the fastest-growing ICOs in 2025. As the first meme ICO on Bitcoin’s network, it has brought the much-needed layer of meme culture to the leading crypto.

As seen on its website, its mission is to build “Solana on Bitcoin”. It is this unique amalgamation that has crypto enthusiasts rushing to amass some BPEP tokens before the price skyrockets. Based on its robust growth potential, the current price of $0.0243 may be the lowest for the meme coin going forward.

In about one week, it has already raised over $2.5 million with stage 3 being sold out. As part of this stage model, the token price increases by 5% with each stage. This means that the early adopters who jumped on this opportunity at stage 1 when it was at $0.021 have already made considerable gains.

At the end of the 30 stages, BPEP price will have increased by 311.4% to $0.0864. Even before hitting the public shelves, its holders will be sitting on hefty profits. Read more on how to buy Bitcoin Pepe.

Cardano bulls to wait longer for the highly anticipated breakout

Cardano Price

Entering into 2025, Cardano was one of the crypto majors expected to benefit from the highly anticipated bull run. Indeed, this thesis was substantiated by the altcoin’s rallying past the psychologically crucial mark of $1 in early January.

However, with the recent tech selloff, Cardano price has dropped by over 30% within one month. Even so, the crypto’s fundamentals remain steady. In addition to the optimism observed across the crypto market, hype over the possible approval of Grayscale’s Cardano ETF is set to support the altcoin.

Based on this bullish thesis, Cardano price will likely remain above the crucial support zone of $0.7005. On the upside, the sustained death cross points to the continuation of range-bound trading.

The bulls will need to gather enough momentum to break the resistance at $0.8341. In the absence of a major bullish catalyst, a price increase past that resistance level will still encounter a short-term ceiling at $0.8875.

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February 17, 2025
Michigan proposes investments in crypto as Bitcoin Pepe’s presale nears $2m
- Michigan has joined the wave of other states in the US looking to invest in cryptocurrencies
- Bitcoin Pepe’s presale approaches $2m two days after launch
Michigan proposes crypto investments

Michigan’s state representatives, Bryan Posthumus and Ron Robinson have proposed House Bill 4087 to allow the state to invest in Bitcoin and other cryptocurrencies.

If the bill is approved, the state treasurer can allocate up to 10% of Michigan’s general and economic stabilization funds to cryptocurrencies. Michigan joins a wave of other states in the US proposing to invest in cryptocurrencies.

What is Bitcoin Pepe?

With Michigan and other US states looking to invest in cryptocurrencies, Bitcoin will likely top the list as it’s the number one crypto by market cap. Bitcoin Pepe is leveraging Bitcoin’s position in the market to introduce memecoins to its ecosystem.

It’s a layer-2 network building on the Bitcoin blockchain. Bitcoin Pepe is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.

According to the whitepaper, Bitcoin Pepe is designed to become ground zero for all memecoin trading and move all this economic activity to the BTC ecosystem. This project will unlock decentralized finance (DeFi) and meme trading on top of BTC.

The team describes Bitcoin Pepe as the perfect fusion between BTC’s security and the unstoppable force of memecoins.

The team added that Bitcoin Pepe is the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain. With this, BTC Maxis will be able to trade memes, and combining high levels of trust (BTC) with high levels of performance (SOL) will lead to high levels of retail mass adoption.

How can Bitcoin Pepe advance the Bitcoin ecosystem?

Bitcoin is the oldest blockchain in the ecosystem, but offers less utility than smart contract blockchains like Ethereum and Solana. However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network.

By ushering in memes on Bitcoin, Bitcoin Pepe will turn the blockchain into the home base for the crazy high-octane meme experience. The team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for memecoin trading.

Bitcoin Pepe will launch as a layer-2 network, providing the necessary infrastructure for all memes to migrate to BTC and ensuring security and liquidity for investors and users.

Bitcoin Pepe presale raises $2m in two days

Bitcoin Pepe’s presale launched two days ago and is already close to a new milestone. According to their official whitepaper, the Bitcoin Pepe presale has raised $1,937,568 in just two days.

This isn’t surprising, as its native token, $BPEP, will power the Bitcoin Pepe layer-2 network and several other activities within the ecosystem. The presale allows investors to buy the tokens before they are listed on exchanges.

Investors can purchase the $BPEP tokens using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL.

The presale could be an opportunity to purchase $BPEP at a discount. Solana’s SOL currently trades at $196 per coin. However, it was sold for $0.22 during its presale in 2020, indicating how early investors benefit from partaking in presales.

Bitcoin Pepe aims to be a leading L2 network on Bitcoin, offering users security and liquidity. In addition to that, it’s leveraging the recent growth of memecoins to launch as one while working to introduce more memecoins to the Bitcoin ecosystem.

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February 14, 2025
Crypto recorded $1.3B in investment product inflows this past week
- Crypto investment products registered $1.3 billion in inflows last week
- Ethereum outpaced Bitcoin with $793 million compared to $407 million
Digital asset investment products notched $1.3 billion in inflows in the past week.

It’s the fifth consecutive week of positive net flows for crypto exchange-traded products despite recent price declines. According to latest weekly flows report from digital asset manager CoinShares, the scenario outlines strong interest in buying amid market weakness.

Ethereum outpaces Bitcoin in weekly net inflows

Per a Coinshares report on February 10, the net inflows is almost double from the $747.4 million recorded the week before. The increase comes despite US President Donald Trump’s tariff impositions that saw prices dip amid investor reaction.

Bitcoin and Ethereum dominated the inflows. However, the latter outpaced the former this week, registering $793 million inflows compared to Bitcoin’s $407 million.

Overall, Bitcoin ETPs represent 7.1% of total market capitalization, making digital asset investment products the largest holder compared to other investments.

“Digital asset investment products saw inflows for the 5th consecutive week totalling US$1.3bn. Bitcoin’s BTC saw inflows of US$407m, with ETPs globally now representing 7.1% of the current market capitalisation. It was Ethereum who stole the show this week, with the price falling recently close to US$2,100 leading to significant buying-on-weakness, with inflows of US$793m,” CoinShares posted on X.

Investors see decline as a buying opportunity particularly after the rise in investment interest followed Ethereum’s price dip.

In the meantime, XRP and Solana secured third and fourth positions respectively with $21 million and $11million. Meanwhile, $1 billion in overall net inflows by the US was the highest regionally, followed by Germany, Switzerland, and Canada with $61 million, $54 million, and $37 million, respectively.

Bitcoin’s price has struggled with downside pressure below $100k in recent weeks. ETH has also experienced a tough month or so, with prices helmed below $3,000 and hitting lows of $2,100 at one time.

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February 10, 2025
Weekly price analysis: crypto prices reel from risk off sentiments
- The crypto market trended lower last week as US tariffs rocked the market, causing investors to flee to safe-haven assets like Gold
- Crypto prices, which recovered slightly on Monday and Tuesday, continued trending downward as uncertainty looms
- Meanwhile, spot ETF inflows remained positive despite some days of outflows
Bitcoin

Bitcoin’s price trended lower over the last week following US President Donald Trump’s announcement of tariffs on Canada, Mexico, and China. Investors fled to safe-haven assets like gold while risky assets, like crypto, trended lower.

However, the tariffs are a catalyst for faster price declines as price action shows that Bitcoin was already on a decline in its substructure after failing to swing higher than the $108,000 level three weeks ago.

BTC/USD chart by TradingView

BTC made two consecutive lower lows on the substructure over the last two weeks and traded into the daily demand zone early last week, logging a weekly low of $91,176.94.

After buying from the demand zone, the price rose to an internal supply zone at $102,000, validated by the 50% Fibonacci level, and sold off that zone to end the week at $96,475.03.

BTC/USD chart by TradingView

On the CME, where Bitcoin Futures are traded the most, open interest fell last week as traders closed contracts due to uncertainty caused by Trump’s tariffs.

Meanwhile, spot BTC ETFs logged a positive week as net flows printed $208.30 million despite two days of major outflows.

Price Outlook

Provided the price remains above the demand zone on the daily timeframe, then Bitcoin’s overall structure should remain bullish despite price declines on the substructure.

However, a daily close below the demand zone, i.e., below the $90,000 level, may trigger a sell-off to support levels around $84,000 or lower.

BTC trades at $97,624.73 as of publishing.

Ethereum

After failing to break above March 2024 highs, Ethereum’s price has been on a downtrend on its substructure since mid-December 2024.

On the 4-hour time frame, the price logged consecutive lower lows with the most recent low of $2,148.00 reached early last week. Price has improved since then, closing last week at $2,632.16.

Open interest on Binance, where Ethereum Futures are traded the most, shows a decline in the number of open contracts, which could be another catalyst for price declines.

Meanwhile, spot ETH ETFs logged positive inflows on all days last week, aside from Friday when it logged no inflows (or outflows), totalling $420.20Mn for the week.

Price Outlook

The next probable zone for ETH’s price to fall is a major support zone around $2,200. With Trump planning to impose a 25% tariff on steel and Aluminum as well as a fresh round of retaliatory tariffs against trade partners, more uncertainty could push ETH’s price there soon.

ETH trades at $2,640.05 as of publishing.

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February 10, 2025
What happened in crypto this week

We’ve had another busy week in the crypto market: Bitcoin hits $109,000, Trump and Melania launch memecoins, Elon Musk’s DOGE agency sued, Circle acquires Hashnote, Trump pardons Silk Road creator Ross Ulbricht, Taiwan is considering allowing banks to issue stablecoins, banks will embrace crypto with clearer regulations, and Trump signs executive order for crypto working group.

Bitcoin hits $109,000

Bitcoin hit a new all-time high of over $109,000 ahead of Donald Trump’s inauguration on Monday.

On January 20, Bitcoin reached a new high as market sentiment remains optimistic about Trump’s plans for the crypto industry. The latest high surpasses its previous record of over $108,000, which it achieved in December.

Trump also mentioned Bitcoin in a Sunday speech, highlighting its record performance since the US election.

“Since the election, the stock market has surged and small business optimism has soared a record 41 points to a 39-year high,” Trump said. “Bitcoin has shattered one record high after another.”

Over the past 90 days, Bitcoin is up nearly 60% and has a market cap value of $2.09 trillion.

Trump and Melania launch memecoins

Ahead of Trump’s inauguration on Monday, January 20, he announced the launch of his $TRUMP memecoin on his Truth Social platform.

Within 24 hours of launching, the meme token rose 580% in value, topping $75, with a market cap of nearly $6 billion.

Following Trump, Melania Trump launched her memecoin, $MELANIA, last Sunday, which saw the token reaching a high of over $13.

At the time of publishing, $TRUMP and $MELANIA are trading at more than $33 and $2.60, according to data from CoinMarketCap.

Elon Musk’s DOGE agency sued

Elon Musk’s Department of Government Efficiency (DOGE) agency reportedly had three lawsuits filed against it within minutes of Trump’s inauguration on Monday.

In a 30-page lawsuit from the National Security Counselors, a public interest law firm, it questions the legality of the agency Trump said he’d create to “dismantle government bureaucracy.”

According to the complaint, DOGE violates the Federal Advisory Committee Act (FACA), which requires advisory committees to follow certain rules, including allowing public involvement.

National Security Counselors state that DOGE meets the requirements to be considered a “federal advisory committee.” Yet, while similar agencies follow a “fairly balanced” representation, keep meeting records, and allow public involvement, as required by law, DOGE doesn’t.

The two other lawsuits were filed by a group that includes the American Federation of Government Employees and the State Democracy Defenders Fund. In another case, the plaintiffs are the Citizens for Responsibility and Ethics in Washington and the American Federation of Teachers.

Despite this, the US government launched the DOGE agency website the following day.

Circle acquires Hashnote

Stablecoin issuer Circle acquired Hashnote for an undisclosed amount earlier this week. As part of the acquisition, Circle is planning to integrate USYC as collateral on crypto exchanges.

In a post on X, Circle said that the move, alongside a strategic partnership with DRW, a global trading firm, “is set to redefine the landscape of digital asset capital markets.”

Circle announced today the acquisition of Hashnote and USYC Tokenized Money Market Fund.

This strategic move, alongside a partnership with global trading firm DRW via @CumberlandSays and news that we’re bringing native USDC to the @CantonNetwork, is set to redefine the landscape… pic.twitter.com/mB1nBr7x5F

— Circle (@circle) January 21, 2025

By integrating USDC, Circle’s stablecoin, and USYC, the platform is enabling interconvertibility between both assets, allowing USYC to be used as preferred collateral on exchanges and brokers.

Trump pardons Silk Road creator Ross Ulbricht

Donald Trump signed an order, giving Ross Ulbricht, the founder of darknet marketplace Silk Road, a full pardon this week.

In a post on his Truth Social platform, Trump wrote:

“I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross.”

The pardon comes after Ulbricht spent 12 years in prison following his arrest in 2013. Ulbricht created Silk Road in 2011; however, he was given two life sentences plus 40 years in 2015. Upon pardoning Ulbricht, Trump called Ulbricht’s sentence “ridiculous.”

Taiwan is considering allowing banks to issue stablecoins

Taiwan’s financial regulator is to propose legislation enabling local banks to issue stablecoins pegged to the New Taiwan Dollar (NTD).

The draft law from the Financial Supervisory Commission (FSC) is expected to be introduced in June 2025. It aims to bridge the divide between fiat and digital currencies, enhancing investor access to the burgeoning crypto market.

The proposal for banks to issue stablecoins is seen as a pivotal step in this regulatory evolution, providing a more secure and regulated environment for cryptocurrency transactions.

The FSC emphasizes that all stablecoins issued within Taiwan will be under the joint management of the central bank, ensuring their stability and legitimacy.

Zhuang Xiuyuan, director of a Taiwanese bank, has voiced concerns over existing stablecoins like Tether and USDC, criticizing their backing by non-government recognized assets.

To address these issues, any new stablecoin in Taiwan will require explicit approval from the FSC, ensuring they meet specific qualifications regarding issuer credibility and reserve allocations.

Banks will embrace crypto with clearer regulations

Bank of America’s CEO has said that US banks will embrace crypto payments if clearer rules are in place from regulators.

Speaking at the World Economic Forum, Brian Moynihan said that if rules come in and crypto payments are made “real,” then “the banking system will come in hard on the transactional side of it.”

So far, US banks have been cautious about offering retail crypto services, instead focusing on providing institutional products such as US spot Bitcoin exchange-traded funds (ETFs).

Trump signs executive order for crypto working group

Less than a week into entering the White House, Trump has signed an executive order for a crypto working group designed to provide regulatory clarity.

When signing the order, Trump appeared with his AI and crypto czar David Sacks who spoke about the order to the president. Sacks, who will be leading the working group if it’s implemented, said: “we’re going to be forming an internal working group to make America the world capital under your leadership.”

In addition to providing regulatory clarity, the working group seeks to protect the US dollar through the development of lawful dollar-backed stablecoins worldwide. The working group also wants to prohibit “the establishment, issuance, circulation, and use of a [central bank digital currency] within the jurisdiction of the United States.”

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January 24, 2025
How the Fed’s latest decision could affect crypto markets in 2025

Bitcoin may have kicked off 2025 with a rebound back to $100,000, but since the release of the U.S. Federal Reserve’s December 2024 Federal Open Market Committee meeting on Jan. 8, the BTC/USD exchange rate dropped to as low as $91,220.84.

Bitcoin has stabilized at around $95,000 since then, but concerns run high whether further news about the future direction of interest rates and monetary policy will result in an additional negative impact to the performance of Bitcoin and other cryptocurrencies.

As cryptocurrencies have entered the financial mainstream, they have become increasingly sensitive to policy changes from the Federal Reserve. With this in mind, let’s take a closer look at the latest news from the Fed, and see what it could mean for the performance of both Bitcoins and altcoins in the months ahead.

Why Cryptos Fell on The Latest Fed News

As revealed in the aforementioned Fed meeting minutes, the central bank once again cut interest rates by 0.25%, or 25 basis points. This was in line with expectations. However, while the latest rate cuts arrived as expected, other takeaways from the meeting minutes caught investors off-guard.

Namely, the Fed’s signaling of its plans to reduce the number of 25-basis point rate cuts in 2025. Before the meeting minutes hit the street, the market was still expecting four such cuts throughout the year. The latest remarks from Fed officials regarding quantitative tightening also suggested that the “Fed pivot” this year will not be as rapid of a shift from hawkish to dovish as previously anticipated.

Taking this into account, it’s not completely surprising that Bitcoin has once again encountered negative volatility. Nor is it surprising that more volatile altcoins, like Ethereum, Solana, and Dogecoin, have all experienced double-digit declines over the past week. As “risk-on” assets, cryptocurrencies, especially altcoins, perform better during times of accommodative fiscal policy.

Yet while the Fed may be not turning as dovish as previously expected, and is in fact continuing to engage in monetary tightening, the impact of these policy decisions on cryptocurrency prices in 2025 may not be as dire as it seems at first glance.

What This Means for Bitcoin and Altcoin Prices in 2025

Although the cryptocurrency market reacted negatively to the Fed’s current policy gameplan, said plans could still result in further upside for Bitcoin and other cryptocurrencies. For one, the planned implementation of fewer 25 basis-point rates still means a further loosening of monetary policy, helping to justify additional upside for this “risk-on” asset class.

Second, with regards to Bitcoin, other positive factors are at play that could drive further upside for the largest cryptocurrency by market capitalization. These include increased institutional and retail investor allocation, as well as the specter of a more favorable crypto regulatory environment from the incoming Trump administration.

Binance CEO Richard Teng commented on what we can expect in the crypto industry in 2025, “We expect to see development across all aspects. Crypto regulation saw great growth across the world in 2024 and we expect to see more in 2025. Given the recent U.S. presidential election and expected crypto regulation from its new government, we expect to see other countries follow the lead from the U.S. and enact more legislation across the world.”

Teng continues, “In terms of institutional interest, financial giants like BlackRock and Fidelity entered the crypto business in 2024, and we expect to see more new players next year. More companies are learning about crypto and integrating crypto features like tokenization into their business. This is a trend that has grown for years and we expect to see more development in.”

Admittedly, the recently-announced changes to the Fed’s rate cut plans could still negatively impact the performance of altcoins in the short-term. Altcoins are much more sensitive to changes in fiscal policy. Nevertheless, if a bull market continues in Bitcoin, chances are it will spill over into the altcoin space as well. Investors profiting from a continued run up in the price of Bitcoin could cycle their gains into Ethereum, XRP, Solana, and other major and emerging altcoins.

The Bottom Line

Over a longer timeframe, the Fed’s decision to more cautiously lower interest rates and loosen fiscal policy may do little to threaten the long-term bull case for cryptocurrencies. Due to a variety of trends, including the proliferation of exchange-traded cryptocurrency investment products, institutional and retail capital inflows into cryptocurrencies are poised to continue.

Of course, nothing’s for certain. For instance, following the latest jobs report, there is growing doubt whether the Fed will further walk back its 2025 rate cut plans. Even if the Fed sticks to its current plan, this asset class is likely to stay highly volatile. Caution and patience remain key.

Nevertheless, taking into account not just the Fed news,but the other positive trends at play as well, the opportunity for long-term price appreciation with Bitcoin and other cryptocurrencies is still on the table.

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January 24, 2025
Bank of America CEO says banks will embrace crypto with clearer regulations
- The banking sector could embrace crypto payments if clearer rules are in place
- Crypto would be another form of payment like Visa and Mastercard, said Brian Moynihan
- A new crypto task force aims to provide a “clear regulatory framework for crypto assets”
Bank of America’s CEO said the US banking industry will embrace crypto payments if clearer rules are in place from regulators.

In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Brian Moynihan said that all banks send money digitally nowadays. He added that if rules come in and crypto payments are made “real,” then “the banking system will come in hard on the transactional side of it.”

“If you go down the street here and you go in and buy lunch, right, if you can pay with Visa, Mastercard, a debit card, Apple Pay, etc., this would just be another form of payment,” the BoA CEO said.

To date, US banks have been cautious about offering retail crypto services, instead focusing on providing institutional products such as spot Bitcoin exchange-traded funds (ETFs).

Changes under a Trump administration?

Moynihan’s comments come as President Donald Trump started another term in the White House earlier this week.

During his election campaign, Trump indicated a pro-crypto stance and has since appointed several pro-crypto candidates to various government positions.

Introducing a new crypto task force “dedicated to developing a comprehensive and clear regulatory framework for crypto assets” could give banks the push they need to enter the space.

Speaking to CoinJournal, Tom Kiddle, co-founder of Palisade, a French-regulated digital asset custodian backed by Ripple, said: “So far, the country has done little to advance a clear crypto regulatory framework. However, Trump’s nomination of pro-crypto Paul Atkins could mark the dawn of a new era for the sector.”

When asked about crypto such as Bitcoin as an investment option during the interview, Moynihan refrained from answering, stating that topic was “really a separate question.”

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January 23, 2025
Crypto industry hopes rise as Donald Trump enters the White House
- A new era is set for the industry with the appointment of crypto-friendly candidates such as Paul Atkins
- It remains to be seen whether the US will match similar regulatory frameworks like Europe’s MiCA
- The rise of Bitcoin will be shaped by institutional adoption, increased regulatory clarity, and broader macroeconomic and geopolitical trends
US President-elect Donald Trump is taking office today with his incoming administration making significant promises for the crypto industry.

After years of battling with the US Securities and Exchange Commission (SEC) under outgoing US President Joe Biden’s administration, the crypto market is beginning to feel hopeful.

Even before entering the White House, a shift has already taken place with the appointment of crypto-friendly candidates including Paul Atkins as the next SEC Chair and crypto czar David Sacks. Trump is also, reportedly, going to sign an executive order making crypto a priority under his leadership.

“So far, the country has done little to advance a clear crypto regulatory framework,” said Tom Kiddle, co-founder of Palisade, a French-regulated digital asset custodian backed by Ripple, to CoinJournal. “However, Trump’s nomination of pro-crypto Paul Atkins could mark the dawn of a new era for the sector.”

A similar MiCA framework?

While a potentially favorable crypto environment is possible with the likes of Paul Atkins, it remains to be seen whether the new administration will match international frameworks such as Europe’s Markets in Crypto Assets (MiCA) regulations.

According to Kiddle the “US is at a crossroads,” adding that “if the SEC adopts a constructive stance, the country could finally reclaim is position as a global leader in blockchain innovation rather than watching talent and capital drain to emerging economies.”

Several companies, including Bitwise, Coinbase, and Ferrari are already expanding their services into Europe. With a lack of clear crypto regulations, the crypto industry isn’t reaching its full potential in the US.

Under a Trump administration that could soon change.

“It’s unclear how closely the administration intends to match international frameworks such as the EU’s MiCA with its regulatory plans,” said Temujin Louie, CEO of Wanchain to CoinJournal. “By closely monitoring the administration’s policies and adapting accordingly, the blockchain industry can remain focused on developing innovative solutions that promote the mainstream adoption of blockchain technology.”

Market sentiment

Since winning the US election in November, Trump has helped pushed market prices to new highs. In December, Bitcoin reached an all-time high of over $108,000. However, while some think Trump isn’t the only reason Bitcoin’s is rising, it’s certainly helping.

Speaking about this to CoinJournal, James Toledano, COO of Unity Wallet, said that “Bitcoin’s price ahead of inauguration day hinges on a mix of market sentiment and speculative optimism,” adding that “the real drivers of Bitcoin’s price include adoption, regulation, and macroeconomic factors.”

Earlier last week, it was reported that bleak economic expectations were driving the bearish sentiment within the crypto market. At the time, Bitcoin had dropped below $90,000 as Trump’s tariff plans, the US Federal Reserve’s cautious approach to interest rate cuts, and a strong dollar dampened crypto enthusiasm.

According to Toledano, following Trump’s inauguration, the rise of Bitcoin will be shaped by institutional adoption, increased regulatory clarity, and broader macroeconomic and geopolitical trends.

At the same time, “as pro-Bitcoin as Trump is, some other major geopolitical or macroeconomic event could knock 40%-50% off the value overnight and we’ve seen this before,” said Toledano.

Despite this, many are hopeful that positive changes are ahead.

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January 20, 2025