BlockBeats news, on December 23, HTX Ventures released its 2024 annual review report indicating that five tracks show positive progress—Bitcoin ecosystem, infrastructure, Meme coins, AI coins, and the TON ecosystem, and stated that it will continue to closely monitor these areas in 2025.
HTX Ventures stated that former President Donald Trump is expected to repeal SAB 121 after taking office on January 20, 2025, which will allow traditional financial institutions to hold crypto assets on their balance sheets, further accelerating the institutionalization of crypto assets. Repealing this regulation will not only provide more financing options for cryptocurrencies but also make spot cryptocurrencies more accessible through existing institutional exchanges and partnerships.
Meanwhile, this regulatory easing is expected to enhance the overall maturity of the institutional crypto market. With the entry of traditional financial institutions, Bitcoin is expected to gain stronger support and gradually establish its position as a core dollar-denominated asset, alongside other assets linked to the dollar's industrial cycle, such as artificial intelligence.
HTX Ventures points out that the current market is still a long way from its bull market peak. In the context of Trump's fiscal expansion policy and unprecedented crypto-friendly signals, a strong bull market is expected. (The Block)
