The cryptocurrency market welcomes multiple benefits
1. The Trump Factor: On January 20, 2025, Trump will return to the White House, and he has always had a friendly attitude towards cryptocurrencies. It is expected that he will implement various favorable policies for blockchain and digital assets, and the market is full of expectations, likely boosting the long-term development of the cryptocurrency industry.
2. FTX Debt Repayment: On January 6, FTX launched a $16 billion debt repayment plan, expected to be completed within 60 days. This massive influx of funds will inject vitality into the market, significantly improve liquidity, stimulate market sentiment, and drive a rebound in cryptocurrency prices.
3. Ethereum Staking: As Trump takes office, the Ethereum staking function will also launch, with applications opening in January and over $131 million already strategically positioned. This function will attract more participants and enhance the value of the Ethereum ecosystem.
4. Ethereum Upgrade: The Ethereum "Prague Upgrade" is approaching, with key results expected to be revealed in January. Historically, after technological upgrades, Ethereum's market performance has been outstanding. Although there may be potential delays, the outlook is optimistic, and market confidence is robust.
