📁 What happened in the world of cryptocurrencies last week?

The crypto market continues its rapid expansion, offering a wide array of interesting events and initiatives.

Below is a brief overview of key news that could influence the development of the industry:

1️⃣ Federal Reserve Sets Upper Interest Rate Ceiling at 4.50%

The Fed lowered the upper limit of its rate from 4.75% to 4.50%, noting steady economic growth and a cooling labor market. Chair Jerome Powell emphasized caution in future rate changes and lowered the forecasted rates for the coming year.

2️⃣ Trump: Ensuring Bitcoin and Crypto Prosperity in the U.S.

U.S. President Donald Trump pledged to support the development of the blockchain industry in the country, aiming to keep businesses on U.S. soil and strengthen global leadership in this area.

3️⃣ Bitcoin Strategy Institute Drafting Executive Order on Bitcoin as a U.S. Strategic Reserve

The Bitcoin Policy Institute proposed to the Trump administration that Bitcoin be included in the U.S. strategic reserves, calling it “digital gold” for bolstering the country’s economic security and financial dominance.

4️⃣ Arthur Hayes: Trump Administration May Circumvent the Fed to ‘Print Money’

BitMEX co-founder Arthur Hayes suggested that the Trump administration could implement “money printing” by ending the conservatorship of Fannie Mae and Freddie Mac, devaluing the dollar, and introducing exceptions to the Supplementary Leverage Ratio.

5️⃣ Cathie Wood: Trump’s Election Could Fuel a Private M&A Boom; Bitcoin’s Scarcity Will Surpass Gold

ARK Invest CEO Cathie Wood stated that a Trump victory could spark a wave of private-company mergers and acquisitions, and that Bitcoin’s scarcity would surpass gold by 2030 thanks to its fixed supply.

6️⃣ Crypto ETF Forecast for 2024: BTC/ETH Pairs Lead; LTC and HBAR May Be Approved First

Bloomberg analysts predict approval for Litecoin and HBAR ETFs ahead of Solana and XRP. Combined BTC + ETH ETFs are expected to roll out first, followed by Litecoin, HBAR, and XRP/Solana.

7️⃣ FTX Announces Restructuring Plan, Effective January 3, 2025

FTX unveiled a Chapter 11 reorganization plan that includes customer payouts and collaboration with BitGo and Kraken to distribute funds. FTX also filed a lawsuit against Gate to recover crypto assets.

8️⃣ Deutsche Bank Developing Ethereum L2 Blockchain Using ZKsync

Deutsche Bank is working on an Ethereum Layer 2 blockchain called “Project Dama 2,” leveraging ZKsync technology to enhance scalability and regulatory compliance. The MVP is planned for 2025.

9️⃣ MicroStrategy (MSTR) Added to Nasdaq 100 Index

MicroStrategy has joined the Nasdaq-100 and purchased an additional 15,350 BTC worth about $1.5 billion, bringing its total holdings to 439,000 BTC.

1️⃣0️⃣ Binance Survey: Meme Coin Holders Outnumber Bitcoin Holders; Nearly Half Entered Crypto in 2024

According to a Binance survey, meme coins have become the most popular tokens among users (16.1%), surpassing Bitcoin (14.44%). About 45% of respondents began investing in crypto in 2024.

✅ Conclusion: The crypto market remains highly active.

From changes in interest rates and regulatory initiatives to major corporate moves and surging meme coin popularity—all these factors are shaping the future of digital assets.

Satoshi Tweeted🔑

🖥 Galaxy Research Forecast for the Crypto Market in 2025 📈

Galaxy Research has published its forecast for cryptocurrencies in 2025. Here are the key points:

1️⃣ Bitcoin will reach $150k in the first half of the year and test or exceed $185k in Q4 2025.

Bitcoin will represent 20% of gold’s market capitalization.

2️⃣ US Spot Bitcoin ETPs will exceed $250 billion AUM by 2025.

In 2024, Bitcoin ETPs attracted over $36 billion in net inflows.

3️⃣ Bitcoin will once again rank among the top-performing assets in terms of risk and return.

4️⃣ At least one major wealth management platform will recommend including Bitcoin in portfolios at a level of 2% or higher.

5️⃣ Five companies from the Nasdaq 100 and five countries will announce the inclusion of Bitcoin in their balance sheets or sovereign funds.

6️⃣ Bitcoin developers will reach consensus on the next protocol upgrade by 2025.

This may include integrating OP_CTV, OP_CSFS, and/or OP_CAT into the next soft fork.

💡 What does this mean for investors?

The growth of Bitcoin and increased institutional interest will create favorable conditions for further cryptocurrency market growth. Investors should monitor developments closely and be prepared for forecasted volatility.

The future of the crypto market looks optimistic, according to Galaxy Research’s predictions.

Satoshi Tweeted🔑