At the beginning of 2025, the digital asset sector is experiencing continuous dynamics, with global policies, market forecasts, and ecological development intertwining, injecting new vitality into the crypto world. Here are several key points worth noting this week:
US regulation gradually takes shape: new framework, new attitude. The US House Financial Services Committee announced it will develop a digital asset regulatory framework, aiming to protect investors while maintaining technological innovation. This initiative marks further clarity in US cryptocurrency policy.
Meanwhile, Bryan Steil has taken over the US House Digital Assets, Fintech, and Artificial Intelligence Subcommittee, clearly stating that establishing clear crypto regulations will be a priority, aiming to push for more detailed rules in the 119th Congress.
Europe is not to be outdone: MiCA bill leads stablecoin regulation. The EU's Markets in Crypto-Assets Regulation (MiCA) establishes two key categories for stablecoins: asset-referenced tokens (ARTs) and electronic money tokens (EMTs), requiring both to be fully supported by a 1:1 liquid reserve. This move by Europe is seen as setting a benchmark for the global crypto market.
The UK Treasury clarifies staking regulations. The UK side is also not to be outdone; the Treasury has revised financial laws to clarify that crypto staking does not fall under collective investment schemes, and therefore will not be subject to traditional strict regulations. This revision undoubtedly provides a policy boost for blockchain projects like Ethereum and Solana that adopt the PoS consensus mechanism.
Bitcoin prophecy reignites market enthusiasm. Crypto investor Timothy Peterson's prediction has sparked heated discussion—he claims Bitcoin will reach $1.5 million by 2035. This bold statement undoubtedly ignites the market's imagination, prompting investors to reassess Bitcoin's long-term value.
Additionally, Nasdaq-listed company CleanSpark announced that its Bitcoin holdings have exceeded 10,000 coins, further consolidating institutional confidence in crypto assets.
Market sentiment heats up: XRP poised for action. Market sentiment shows high optimism for XRP, with prices expected to potentially break the $2.90 mark and even challenge historical highs. Investors are closely watching this potential strong trend.
Circle increases USDC issuance to support Solana's ecosystem. The stablecoin giant Circle continues to expand by increasing the issuance of 250 million USDC on the Solana blockchain, injecting more liquidity into its ecosystem. Meanwhile, Circle CEO Jeremy Allaire announced a donation of 1 million USDC to Trump's inaugural committee, emphasizing the potential and development of the digital dollar.
More dynamic overview
Philadelphia Fed President Harker hinted that an interest rate cut may come this year.
Data from the Polymarket platform shows that users believe the probability of Biden pardoning Sam Bankman-Fried and Ross Ulbricht before leaving office is 4% and 2%, respectively.
The UK court dismissed James Howells' lawsuit, in which he sought permission to excavate a landfill to find a lost Bitcoin hard drive.
Kalshi platform announces support for USDC, promoting crypto trading on its main network.
Global regulation is gradually taking shape, institutional holdings are steadily increasing, and the crypto market is moving towards greater maturity. In the future, this imaginative field may usher in new highlights.
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