📁 What’s New in the Cryptocurrency World Last Week?

Last week brought headline news, record deals, and new strategic moves from global leaders, regulators, and major market players.

Here’s a brief overview of key events that could impact the future of the industry:

1️⃣ Donald and Eric Trump on the Future of Bitcoin

Donald Trump forecasts that BTC will reach $150,000 early in his presidency. His son, Eric Trump, went further by predicting Bitcoin’s value will rise to $1 million, calling it the “financial paradigm of the future.”

2️⃣ Argentina to Open Economy to Bitcoin

Argentine President Javier Milei announced the implementation of a free-floating currency policy starting in 2025, including Bitcoin. He also plans to cut taxes by 90%, reducing the financial burden on citizens.

3️⃣ Vancouver to Become a "Bitcoin-Friendly" City

The Vancouver City Council supported the initiative to make the city “Bitcoin-friendly,” exploring the potential of cryptocurrencies in municipal projects and the diversification of financial reserves.

4️⃣ Czech Republic Simplifies Operations for Crypto Companies

A new law has been adopted, allowing cryptocurrency companies and investors to open bank accounts without obstacles. This creates favorable conditions for industry development and exempts assets held for more than three years from capital gains tax.

5️⃣ Kingdom of Bhutan: Major Bitcoin Miner

The government of Bhutan transferred 406 BTC (approximately $40 million) to QCP Capital. Bhutan already ranks fourth among countries in Bitcoin volume, mining them through national mining farms.

6️⃣ Crypto Fund on Alipay: First Advertisement in China

Cryptocurrency fund banners appeared on the main page of the Alipay app with a daily limit of 1,000 yuan per day. Many viewed this as a relaxation of cryptocurrency market regulations in China, but Alipay officially denied rumors about the possibility of direct cryptocurrency purchases through the platform.

7️⃣ MicroStrategy Increased Holdings to 423,650 BTC

The company purchased an additional 21,550 Bitcoin worth $2.1 billion. The average cost of the acquired assets is about $60,324 per coin, and the return on investment for the year reached 68.7%.

8️⃣ Microsoft Rejected the Idea of Investing in BTC

Only 0.55% of Microsoft shareholders voted in favor of purchasing Bitcoin as a hedge against inflation. Despite this, the company stated the need to explore the potential of cryptocurrencies.

9️⃣ Ray Dalio Advises Investing in Gold and Bitcoin

The founder of Bridgewater Associates sees high risks of a debt crisis and believes that “hard assets” like gold and Bitcoin will help preserve capital.

1️⃣0️⃣ CZ on the Future of Bitcoin as a Reserve Asset

The former head of Binance forecasts that countries will begin to create strategic reserves of Bitcoin. According to him, smaller states may be the first to take this step.

✅ Conclusion: All Eyes on Bitcoin

Last week, Bitcoin was at the center of the global community’s attention: from Donald Trump’s growth forecast to $150,000 to promising initiatives by cities and countries.

Bitcoin continues to demonstrate its status not only as a financial instrument but also as a symbol of economic and technological changes.

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🖥 Crypto Market: $3.2 Billion Inflow in a Week

Last week marked the 10th consecutive week of positive inflow dynamics into crypto funds.

Total inflow since the beginning of the year reached a record $44.5 billion.

📊 Key Facts:

✅ Bitcoin Remains the Leader: $2 billion in a week, with a total inflow of $11.5 billion since the US elections.

✅ Ethereum Shows Steady Growth: $1 billion in a week, marking the 7th consecutive week of inflows amid improving sentiment. The total result for this period is $3.7 billion.

✅ XRP Received $145 Million thanks to hopes for ETF approval in the USA.

📈 Leaders Among Altcoins:

Polkadot: +$3.7 million

Litecoin: +$2.2 million

🌐 Regional Focus:

✅ USA — Absolute Leader: Inflow of $3.1 billion.

✅ Switzerland: +$36 million

✅ Germany: +$33 million

✅ Brazil: +$25 million

📊 Market Volumes:

Average Weekly ETP Trading Volume: $21 billion, accounting for 30% of all Bitcoin transactions on trusted exchanges.

Average Daily Bitcoin Volume: $8.3 billion — twice the figures of the FTSE 100.

💡 What’s Next?

Investors continue to build positions amidst positive signals and growing interest in ETFs.

The digital asset sector remains one of the most dynamic and liquid in the global market.

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🌐 Electric Capital 2024: Global Trends in the Crypto World

The 6th annual @ElectricCapital Developer Report has just been published!

Here are the most interesting facts and insights:

📊 Facts and Figures:

⚪️ In 2024, Congress will discuss updated regulations for stablecoins and digital assets.

⚪️ The SEC and CFTC are collaborating on a unified approach to classifying crypto assets.

⚪️ Major U.S. banks are exploring pilot projects for their own tokens to simplify cross-border payments.

⚪️ In 2015, when Ethereum launched, there were about 1,000 active developers per month. Today, the number has grown to 23,613.

⚪️ Monthly active developers have decreased by 7% over the past year, but experienced developers with over two years in the field have increased by 27%.

🌍 Global Distribution of Developers:

The share of developers has shifted from 82% in the U.S. and Europe to other regions.

Asia now ranks first in developer share, with 1 in 3 crypto developers located in the region.

Europe ranks second, while North America has dropped from first to third since 2015.

🛠️ Key Ecosystems by Region:

⚪️ Ethereum — leads across all top continents.

⚪️ Solana — second place.

⚪️ 0xPolygon — third in Asia and South America.

⚪️ Polkadot — third in Europe.

⚪️ Base — third in North America.

⚪️ Dfinity — third in Africa.

🇺🇸 Top Countries by Number of Developers:

The U.S. remains the leader, though its share has declined since 2015.

India has risen to second place, climbing from the top ten.

The U.K., China, and Canada also rank among the top countries for crypto developers.

🪙 Bitcoin:

Shows steady development and consistency.

In 2024, there are 1,200 monthly active developers, maintaining stability throughout the year.

📈 Growth and Trends:

The crypto industry has grown at an annual rate of 39% since 2015.

Restaking increased TVL by $29 billion over the past year.

LRTs have grown to over 3.5M ETH, with 46% used in DeFi.

👍 Conclusions:

The crypto industry continues to grow rapidly, showcasing global developer distribution and strengthening the positions of leading ecosystems.

The steady growth of Bitcoin and the active participation of major banks point to the integration of digital assets into the traditional financial system.

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🟠 Arthur Hayes' Prediction: Crypto Market Crash on Trump's Inauguration Day

Former BitMEX CEO Arthur Hayes anticipates a significant downturn in the crypto market on January 20, 2025, the day of Donald Trump's inauguration.

📌 Key points of the prediction:

1️⃣ Trump and His "Truth":

Hayes believes Trump acts as a catalyst, exposing global economic imbalances. He expects the new U.S. president to initiate a large-scale dollar devaluation to support the American economy.

2️⃣ Market Crash:

Hayes thinks investors are overestimating how quickly Trump can implement his plans. Disappointment will lead to a sharp decline in crypto asset prices and Trump-related stocks.

3️⃣ Dollar and Gold:

Hayes predicts the dollar will be devalued against gold within Trump's first 100 days in office, triggering economic changes that favor U.S. reindustrialization.

4️⃣ Reactions from Other Countries:

◽️ China is preparing for massive monetary issuance to stabilize its economy.
◽️ The EU will intensify financial repression and print money to handle economic pressure.
◽️ Japan is expected to follow U.S. directives by strengthening the yen.

5️⃣ What’s Next for Crypto?

Hayes warns of a potential correction but remains optimistic in the long term. He sees growth potential for Bitcoin and other assets due to structural changes in the global economy.

🔵 Recommendation:

Hayes plans to reduce his positions before the inauguration to buy assets at a lower price in the first half of 2025.

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