1. Switzerland has initiated a referendum on a constitutional amendment to include Bitcoin in the constitutional framework, highlighting the important status of cryptocurrencies.
2. Steno Research predicts that Ethereum will outperform Bitcoin in 2025, with prices expected to exceed $8,000.
Steno Research reported on Sunday that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is likely to surpass its larger competitor Bitcoin (BTC) in 2025, citing historical trends and Donald Trump's victory in the U.S. election. The report stated that Bitcoin is expected to rise from around $94,000 next year to a minimum of $150,000, while Ethereum is projected to more than double from $3,400 to at least $8,000. Steno indicated that the Ethereum/Bitcoin ratio is expected to rise from the current 0.0357 to 0.06 within the next 12 months, echoing price trends from previous cycles. The company noted that altcoins will become a focal point. Analyst Mads Eberhardt wrote, 'This expectation is partly based on the view that Donald Trump's victory in the U.S. presidential election is more favorable for altcoins than for Bitcoin.' The report stated that Bitcoin's market dominance is expected to fall from the current approximately 56.6% to 45%. Steno also indicated that the total locked value (TVL) of decentralized applications is expected to reach a new high of $300 billion next year, which, if correct, would further support the argument for rising altcoin prices. Steno noted that the potential launch of new cryptocurrency exchange-traded funds (ETFs) in the U.S. also enhances the positive outlook for altcoins. The report added, '2025 will witness unprecedented scale in the adoption of cryptocurrencies among institutions.' Galaxy Research stated that with countries increasingly buying in, Bitcoin is expected to reach around $185,000 in 2025. - Original text
3. K33 Research: Despite a decline in the stock market, Bitcoin has still seen a slight increase over the past day, indicating its risk-resistance capability.
K33 Research reported that despite global de-risking leading to a decline in the stock market, Bitcoin has still seen a slight increase over the past day, while its 30-day correlation with Nasdaq has risen above 0.50. Analysts noted that the December FOMC meeting was viewed as a major catalyst for the decline in risk assets, as the Federal Reserve lowered its forecast for interest rate cuts in 2025 from four to two. - Original text
4. After Musk changed the Pepe avatar, the market may see a surge of Kekius Maximus-related fraudulent tokens, and the community needs to be vigilant.
According to a post on the X platform by Cointelegraph, due to Elon Musk changing the avatar and name of Kekius Maximus on the X platform, the market may see a surge of Kekius Maximus-related fraudulent tokens, reminding the community to remain vigilant. - Original text
5. BlackRock, Fidelity, and Ark rank as the top three in Bitcoin ETF inflows for 2024, demonstrating continued interest from institutional investors in Bitcoin.
For 2024 (as of December 30), the top three Bitcoin ETF inflows are: BlackRock ($37.2 billion), Fidelity ($11.7 billion), and Ark ($2.5 billion), with Bitwise ($2.2 billion) in fourth place. - Original text
6. Franklin Templeton, with $1.5 trillion in assets, expects multiple countries to increase their strategic reserves of Bitcoin by 2025, highlighting the national-level emphasis on Bitcoin.
7. The Prime Minister of Montenegro stated that the procedures for extraditing Do Kwon to the United States have been completed, demonstrating a strong commitment to international justice and the rule of law.
Montenegro's Prime Minister Milojko Spajic stated on Tuesday that Montenegro has completed the procedures for extraditing Terraform Labs co-founder Do Kwon to the United States. Spajic stated on the X platform: 'This extradition demonstrates our unwavering commitment to international justice and the rule of law.' Do Kwon faces charges in New York and Seoul for the collapse of the TerraUSD stablecoin, which was valued at $40 billion in 2022. Last year, he was arrested in Montenegro for traveling with a forged passport. In April of this year, following a civil trial related to charges from the U.S. Securities and Exchange Commission (SEC), Terraform and its founder Do Kwon were found guilty of fraud. Terraform has agreed to pay $4.5 billion to settle with the SEC. - Original text
8. Galaxy Digital predicts that Bitcoin will reach 20% of gold's market value by 2025, drawing market attention.
Alex Thorn, head of research at cryptocurrency asset management firm Galaxy Digital, believes that Bitcoin will break through $150,000 in the first half of the year and reach $185,000 in the fourth quarter. In a research report, Alex Thorn wrote, 'The adoption by institutions, enterprises, and state agencies will drive Bitcoin to new heights in 2025. Throughout its existence, Bitcoin's appreciation rate has outpaced all other asset classes, especially the S&P 500 index and gold, and this trend will continue in 2025. Bitcoin will also reach 20% of gold's market value.' Galaxy predicts that the asset management scale of U.S. spot Bitcoin ETFs will exceed $250 billion in 2025. The company also expects that next year, five Nasdaq 100 companies and five countries will add Bitcoin to their balance sheets or sovereign wealth funds. - Original text
9. MicroStrategy co-founder Michael Saylor stated that since the beginning of the fourth quarter, the BTC yield from MSTR's financial operations has been 47.8%.
MicroStrategy co-founder and executive chairman Michael Saylor stated on the X platform that since the beginning of the fourth quarter, the BTC yield from MSTR's financial operations has been 47.8%, providing shareholders with a net gain of 120,600 BTC. At a value of $96,000 per BTC, this quarter's profit amounts to $11.6 billion. - Original text
10. The Prime Minister of Montenegro stated that he welcomes innovative and legitimate cryptocurrency entrepreneurs, but has a zero-tolerance policy for fraud, indicating support for technological innovation.
Montenegro's Prime Minister Milojko Spajić stated on the X platform: 'Our country welcomes innovative and legitimate cryptocurrency, artificial intelligence, and other tech entrepreneurs, but we have zero tolerance for fraud.' - Original text
11. BlackRock's Ethereum ETF holdings have surpassed 1,071,415 ETH, reflecting institutional confidence in Ethereum.
As of December 30, iShares Ethereum Trust ETF holdings reached 1,071,415.22 ETH, with a market value of approximately $3,645,158,147.28. - Original text
12. Coinbase CEO calls for the X platform to adopt USDC for payment integration, promoting the widespread use of cryptocurrency payments.
Coinbase CEO Brian Armstrong has expressed his intention to integrate Circle's USDC into the payment system of the X platform. In a post on December 29, Armstrong suggested that USDC payments would be a valuable addition to the platform and called for the X team to explore implementing this feature. Prior to this public call, Coinbase's chief engineer, Travis Bloom, had also made a similar suggestion, wondering when X's owner Musk would enable users to send and receive USDC on the Base network. Market observers noted that implementing such a feature aligns with X's broader vision of introducing a payment system that transforms the social media platform into a 'super app.' In January of this year, X announced plans to launch a peer-to-peer payment service similar to PayPal. While details regarding the currency used for this service, whether fiat or cryptocurrency, remain unclear, the platform has not yet launched this plan. However, X has made significant progress in obtaining money transmission licenses across various states in the U.S. Its subsidiary, X Payments, has currently obtained licenses in 33 states, including California, Illinois, and Virginia. - Original text
13. Standard Chartered expects that MicroStrategy's Bitcoin purchases in 2025 will exceed those in 2024, reflecting institutional optimism about Bitcoin.
Geoffrey Kendrick of Standard Chartered predicts that the price of Bitcoin will double. The head of digital asset research at Standard Chartered stated earlier this month in a report that he expects Bitcoin to reach $200,000 by the end of 2025. Standard Chartered anticipates that institutional investment in Bitcoin will 'continue to maintain or exceed the pace of 2024' next year. The bank noted that since the beginning of this year, institutional purchases of Bitcoin have reached 683,000 BTC, primarily through U.S. spot Bitcoin ETFs and MicroStrategy, which effectively serves as a software company investing in Bitcoin. Kendrick stated that MicroStrategy's Bitcoin purchases next year should 'meet or exceed the purchase volume of 2024.' He also added that due to the incoming Trump administration, which is expected to reform regulations governing traditional financial (TradFi) companies' investments in digital currencies, pension funds should start incorporating Bitcoin into their portfolios through U.S. spot Bitcoin ETFs starting next year. Kendrick noted, 'Even a small allocation from the $40 trillion U.S. retirement funds would significantly boost Bitcoin prices. If Bitcoin is adopted more quickly by U.S. retirement funds, global sovereign wealth funds (SWFs), or potential U.S. strategic reserve funds, we would be even more optimistic.' - Original text
14. Binance Labs stated it will continue to focus on infrastructure, supporting startups in the fields of Web3, artificial intelligence, and biotechnology.
Alex Odagiu, the investment director of Binance Labs, stated that regardless of market cycles, the company will continue to support startups in the fields of Web3, artificial intelligence, and biotechnology. Binance Labs expects strong momentum in cryptocurrency venture capital in 2025, but it remains 'focused on infrastructure' rather than price trends or market speculation. Odagiu emphasized that projects with practical application scenarios, high product-market fit, strong team capabilities, and sustainable revenue models are most likely to succeed. - Original text
The above is a selection of hot topics in the last 24 hours. For faster news, please download AICoin (aicoin.com).
