A company that is changing the way the world mines bitcoin

BitcoinSistemi 2024-12-24 08:27:06

Cryptocurrency Exchange Analysts Revealed the Developments Expected in Crypto in 2025

HTX Ventures has released its 2024 annual review report, identifying five areas of significant progress: the Bitcoin ecosystem, infrastructure, memecoins, AI coins, and the TON ecosystem. The firm announced that it plans to closely monitor these areas and make further progress in 2025. The report also speculates on possible regulatory changes following Donald Trump’s expected inauguration on January 20, 2025. HTX Ventures predicts the repeal of Staff Accounting Bulletin (SAB) 121, a move that would allow traditional financial institutions to hold crypto assets on their balance sheets. This change could accelerate institutional adoption of crypto by providing new financing avenues and making spot crypto more accessible through established institutional exchanges and partnerships. Related News: Giant Altcoin Claimed to Have Been Hacked by the North Koreans Issues Statement The firm predicts that this regulation will increase the maturity of the institutional crypto market. With the increased participation of traditional financial institutions, Bitcoin is expected to gain stronger support and potentially solidify its position as a dollar-denominated core asset. The firm also noted parallels between Bitcoin’s development and the growth of other dollar-dependent sectors, such as artificial intelligence. Despite these positive developments, HTX Ventures noted that the market is far from reaching the peak of the bull market. The company attributed its optimism to Trump’s expected fiscal expansionary policies and unprecedented crypto-friendly signals that are expected to create a favorable environment for a robust bull market in the near future. *This is not investment advice. Continue Reading: Cryptocurrency Exchange Analysts Revealed the Developments Expected in Crypto in 2025