CoinVoice has recently learned that, according to The Block, HTX Ventures released its 2024 annual review report stating that 5 tracks have shown positive progress—Bitcoin ecosystem, infrastructure, Meme coins, AI coins, and the TON ecosystem—and noted that it will continue to closely monitor these areas in 2025.
HTX Ventures indicates that Donald Trump is expected to repeal SAB 121 after taking office on January 20, 2025, which will allow traditional financial institutions to hold cryptocurrency on their balance sheets, further accelerating the institutionalization of cryptocurrency. The repeal of this provision will not only provide more financing options for cryptocurrencies but will 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 receive stronger support and gradually establish its status as a core dollar-denominated asset, alongside other assets linked to the dollar industrial cycle (such as artificial intelligence).
HTX Ventures points out that the current market is still a long way from its bull market peak. Against the backdrop of Trump’s fiscal expansion policies and unprecedented crypto-friendly signals, a strong bull market is anticipated. [Original link]
