The United States is rapidly reclaiming its position as a global leader in the cryptocurrency market. This resurgence is driven by two key factors: the prospect of Donald Trump returning to the White House in 2025 and the phenomenal success of American cryptocurrency exchange-traded funds (ETFs).
Trump's campaign promises to transform America into the world's cryptocurrency hub are already making a significant impact on the market. This vision, coupled with the triumphant launch of Bitcoin ETFs in early 2024, has spurred an unprecedented level of activity on trading platforms.
Current trends demonstrate a dramatic shift in the balance of power in the global cryptocurrency market. During Joe Biden's administration, stringent cryptocurrency regulations pushed market activity toward the Asian region. However, the US is now regaining its role as a key player in liquidity formation and price discovery for digital assets.

Statistical data strongly supports this trend. The share of Bitcoin-dollar trading during US market hours has risen from 40% in 2021 to an impressive 53%, according to Kaiko analytics. Thomas Erdosi, Head of Product at CF Benchmarks, attributes this directly to the increasing participation of institutional investors.

The performance of American Bitcoin ETFs is particularly noteworthy. Since their launch in January, the total trading volume has exceeded $500 billion, with a net inflow of approximately $36 billion. BlackRock Inc.’s iShares Bitcoin Trust set a historic record among newly launched funds. Experts predict that under a Trump administration, the range of cryptocurrency ETFs will significantly expand beyond the current offerings focused on Bitcoin and Ethereum.

A landmark development was the record-breaking open interest in Bitcoin and Ethereum futures on the Chicago Mercantile Exchange (CME Group Inc.). For the first time, CME surpassed offshore platform Binance Holdings Ltd., becoming the leader in the cryptocurrency futures market.

The market has also shown an impressive recovery from the 2022 crisis caused by the collapse of the FTX exchange and Alameda Research. Thanks to the emergence of ETFs and optimistic expectations tied to Trump’s policies, the depth of the cryptocurrency market has returned to pre-crisis levels, demonstrating its restored ability to efficiently process large orders without significantly impacting prices.

#CryptocurrencyMarket #BitcoinETF #Trump2025 #USLeadership #CryptoTrading

Tether is demonstrating impressive financial results. According to CEO Paolo Ardoino, the company is on the verge of a historic achievement – its expected net profit for 2024 will exceed $10 billion.
The company's success is closely tied to the overall surge in the cryptocurrency market, where Bitcoin and other digital assets have reached new all-time highs. USDT stablecoin, Tether's primary product pegged to the US dollar, has shown substantial growth: its market capitalization increased by $50 billion, reaching an impressive mark of $140 billion. The company's main source of income has been prudent investment of reserves in secure assets – US Treasury bonds, gold, and other securities.
Tether is actively developing its investment strategy, directing more than half of its net profit into promising projects. A notable example is the recent agreement to invest $775 million in the video platform Rumble, including an initial investment of $250 million and support for a tender offer to purchase 70 million shares at $7.50 per share.
The company isn't resting on its laurels and is building ambitious plans for the future. Ardoino confirmed the intention to invest at least half of 2024's profits in various sectors, including artificial intelligence, Bitcoin mining, and biotechnology. Of particular note is the announcement of their own AI platform, scheduled to launch in the first quarter of next year.
Tether's strategic plans include expanding its presence in the US market, especially in light of expected easing of cryptocurrency regulations under the new administration. An important factor is the collaboration with Cantor Fitzgerald, led by Howard Lutnick, a candidate for Secretary of Commerce. Deepening partnership relations between the companies may lead to the launch of new financial products, including lending programs.

#Tether #Stablecoins #CryptocurrencyMarket #Investments #BitcoinTrends"

The latest decisions by the U.S. Federal Reserve (Fed) pose serious challenges to the development of the cryptocurrency market in 2025. Despite the third interest rate cut of the year, which lowered rates to 4.25–4.5% annually on December 18, the regulator's overall stance remains stricter than experts had anticipated, largely due to its cautious outlook on inflation. According to an analytical review by Catarina Saraiva, only two rate cuts are expected next year, reflecting the Fed's conservative approach to monetary policy.
Adding to these challenges is the projected growth of the Personal Consumption Expenditures (PCE) inflation index and core PCE inflation. The Financial Times notes that the Fed's tightening policy is driven by heightened attention to inflation risks and a commitment to ensuring the stability of the U.S. economy. Stock markets reacted immediately, with the Dow Jones, S&P 500, and Nasdaq indices dropping by 0.38%, 0.56%, and 0.64%, respectively.
The cryptocurrency market also faced significant pressure, with the total capitalization of digital assets declining by 4.62% to $3.48 trillion. According to Reuters, the combination of moderate rate cuts and the Fed's hawkish rhetoric could lead to prolonged market instability. Analysts at BloomingBit are warning investors to brace for heightened volatility and an extended period of uncertainty, underscoring the Fed's monetary policy as a central influence on market trends.

#CryptocurrencyMarket #FederalReserve #MarketVolatility #DigitalAssets #InflationRisks

Amid ongoing geopolitical tensions, the #cryptocurrencymarket has recorded a significant correction in valuation this week. Moreover, top tokens have experienced a pullback toward their important support levels, indicating increased #BEARISH📉 sentiment in the crypto space.
Following this, Solana price has experienced a similar price action by facing a strong rejection at its resistance level of $155. Reportedly, this is the 3rd such recorded rejection within a span of 42 days. Will SOL price make a comeback this Uptober or will retest its crucial support level again?
$SOL
Price Fails To Break Its Crucial Resistance Zone:
The Solana price has dropped 1.73% in the past 24 hours with a trading volume of $2.78 billion. Moreover, it has plunged over 11.86% over the past week. This indicates an increase in the bearish sentiment in the crypto space.

TradingView: #SOL/USDT
Notably, the 5th largest cryptocurrency by market cap has repeatedly faced rejection around the psychological resistance level of $155 since August. This highlights a strong liquidation point for the crypto project around that level. With a trading value of $139.27, it is on the path of potentially retesting its crucial support trendline.
Solana Crypto Technical Sentiments
The Moving Average Convergence Divergence (#MACD ) displays a rising red histogram with its averages showing a bearish convergence in the 1D time frame. This suggests a negative outlook for the altcoin this week.
Further, the EMA 50/200-day shows a high possibility of a Death Cross in the SOL price chart, highlighting a weak buying-over-selling pressure for it in the market.
Will SOL Price Go Up In 2024?
If the cryptocurrency market experiences a bullish reversal, the Solana crypto could retest its resistance level of $155 during the upcoming week. Moreover, if the market favors the bulls, in that case, it could prepare to head toward its crucial resistance zone above the $181 mark.
Conversely, if the bears continue dominating the crypto space, this could result in the price of the SOL token plunging toward its crucial support trendline of $127 this month.
Concerned about your Solana’s returns in the future? Read our Solana Price Prediction to uncover the future mysteries!
#BinanceLaunchpoolHMSTR

The #cryptocurrencymarket is maintaining a bullish trend, with bitcoin setting higher highs while leading altcoins like Ethereum ($ETH
) and Tron ($TRX
) are capitalizing on it. Ethereum is now making a fresh attempt to reach the long-lost $3000 level after registering over 5% gains today and is trading at $2950.

Notably, the market-wide uptrend has continued for four consecutive days and market sentiment is now at a “greed” level. However, #JustinSun , founder of blockchain network Tron, believes there is more room for further upside.

It's not time to sell, keep buying and building

In a recent tweet, Sun expressed optimism about the current state of the crypto market, especially with regards to Ethereum.

Citing improvements in macroeconomic policy, Sun expressed confidence that the market's outlook is improving, suggesting that now is the ideal time for investors to focus on “accumulating and building” rather than selling off assets.

For context, the crypto industry is expecting the emergence of a transparent and favorable crypto policy now that the crypto-friendly Donald Trump has been elected President of the United States. Crypto Basic recently drew attention to Trump's seven major campaign promises.

Trump promised to remove SEC Chairman Gary Jensler, whose tough stance on cryptocurrencies has drawn criticism. He also proposed the creation of a National Bitcoin Reserve, suggesting that bitcoin could be used to reduce the U.S. national debt. To further boost the cryptocurrency sector, Trump promised to make the US the crypto capital of the world with pro-business regulation.

He also pledged to introduce clear, fair cryptocurrency regulations and create a cryptocurrency advisory board to guide policy. Another key promise is to protect the right to self-storage, allowing Americans to control their crypto assets without third-party platforms.

Finally, Trump expressed his opposition to central bank digital currencies (CBDCs), promising to block their development to protect financial privacy.

These promises signal potential major changes in the U.S. crypto industry once Trump takes office on January 20, 2025.
#EthereumRally

According to the researchers of the analytical company 10x Research, led by expert Markus Thielen, the #cryptocurrencymarket shows signs of continuing the upward trend. Analysts emphasize the importance of a competent choice of digital assets. In their opinion, the last week was a vivid example of how quickly investor sentiment can change. Specialists singled out several key “winners” among altcoins: pairs with Solana tokens, including JTO-USDT and JUP-USDT, for 7 days showed growth of 24% and 16% respectively, remaining on par with SOL-USDT.

Ethereum cryptocurrency also surprised with a 17% increase in quotations, however $ENA
, paired with USDT, significantly outperformed its competitors, showing a 37% rate increase. Experts note that this emphasizes the need to focus on assets with strong fundamentals and avoid coins and tokens that failed to show an increase of 10% this week.

Supporting such cryptocurrencies requires consideration of technical factors and capital flow. For example, a successful strategy suggested by experts included a long position on $JTO
with a 24% gain against a short position on $TON
, which added just 1.6%, would provide a paired trade return of 22%.

"Intense speculation is unevenly distributing gains across the market. This is a signal that the buy-it-all approach is losing relevance and selecting the best assets is coming to the forefront. Maintaining data awareness and studying new trends will help identify the potential for further gains,” experts said.

Investors continue to follow cryptocurrencies with high dynamics. The fact is that today's growth may turn out to be just the beginning of a new phase of the bull cycle. That said, clear catalysts are still needed to sustain the current momentum and bring additional profits.
#AltCoinSeason

Historically, the fourth quarter often benefits investors in the #cryptocurrencymarket . At the beginning of the month, the big players - the whales - open strategic positions with their sights set on high profits

Large holders, aka whales, are keeping a close eye on assets with high growth potential. BeInCrypto's editorial team analyzed onchain statistics and identified the altcoins that crypto whales are betting on this month. This information will help retail investors who are keeping an eye on where the smart money is flowing.

Maker (MKR)

$MKR
, the management token of the Maker protocol, tops this list of tokens of interest to cryptokits in November.

According to IntoTheBlock, net inflows from large holders, have been on the rise since late October. This indicator measures the difference between assets bought and sold. Its rise means that cryptokits are buying more than they are selling.

In the last week of October, whales bought 5,575 tokens, increasing their investment in the asset.

If they keep buying this month, the altcoin's price could soar above $1,284.

Ripple (XRP)

Another token that cryptokites are actively buying up is $XRP
, the main token of blockchain payment system project Ripple. In October, the price of XRP fell 12% as whales took their time to
to accumulate tokens.
But the situation changed on October 31. According to data from Santiment, crypto-kits have purchased about 2 billion XRP for amounts of more than $1 billion at the current exchange rate

If the hoarding continues, XRP could recover some of its recent losses. However, if the whales stop buying at the beginning of the month, the forecast will fail.

Earlier, experts revealed what will happen to Ripple (XRP) in November.

Pepe (PEPE)

Pepe is another cryptocurrency that whales are betting on after a disappointing October, when hype around other memcoins diverted investors' attention away from $PEPE
.

Last week saw a marked increase in net inflows from large holders, indicating their confidence in PEPE's future.

If the situation remains the same, the price of PEPE could rise above $0.0000092.
#EthereumWhitepaper

The #cryptocurrencymarket remains stable, while bitcoin ($BTC
) is aiming for the psychological $70,000 mark. In the atmosphere of optimism, experienced investors are increasingly paying attention to airdrops, seeing them as an opportunity for additional earnings

For crypto enthusiasts, airdrops are a chance to get new #tokens for free and become part of active crypto communities. This week, four interesting giveaways are particularly worth paying attention to.

SupraOracles

The SupraOracles team made a snapshot of user accounts on October 21 and is now preparing to give away SUPRA tokens. The project has already raised $26.52 million from venture capital giants like Coinbase Ventures, HashKey Capital, Animoca Brands and HTX Ventures.

The criteria for participating in the SupraOracles Airdrop were quite simple. They included participating in various campaigns and completing tasks.

The developers of the project also opened access to the checker, so anyone can check how many coins they will get. In addition, participants of the SupraOracles airdrop can choose a plan to receive tokens. Those who don't, will get the coins automatically on a 30-month vesting plan.

The project also launched a program called Supra Starcade. SUPRA 250 million has been allocated for it. Participants will have to perform tasks in the testnet.

Scroll

This week will see the long-awaited airdrop of Scroll. The project, which raised an investment of $80 million, made a snapshot of user accounts at the end of last seven days, October 19.

Earlier, the largest cryptocurrency exchange Binance added the $SCR
token to its Launchpool platform. Users there have already started receiving rewards.

SCR trading on leading trading platforms will begin today, October 22. The project has already opened a page for branding coins. A total of 571,774 addresses were allowed to participate in the giveaway.

The total issue of SCR will amount to 1 billion tokens, of which 15% are intended for the community. Airdrop will be divided into two phases. Within the first, Sroll will distribute 7%, and during the second, it will distribute 8%.

The sentiment around the significant event for the platform remains tense. Users have expressed dissatisfaction regarding the SCR distribution strategy. In addition, concerns have also surfaced about insiders who may have unfairly accumulated a huge number of points.

"The Scroll team is so greedy! After allocating 23% to themselves, they in addition decided to make a sybil airdrop by allocating 1 million+ points to each team member,” wrote one crypto investor and trader on X (ex-Twitter).

Eclipse

Eclipse's first Level 2 (L2) solution, running on the Solana Virtual Machine (SVM), has raised a $65 million investment, with Polychain Capital, Delphi Ventures, Tribe Capital, Hack VC and Placeholder Ventures participating in the funding round.

The exact date of the airdrop remains unknown, but the crypto community is expecting an event as early as this week.

In order to participate in the Eclipse token giveaway, you will need to mine non-fungible tokens (NFTs) on the mainnet or through the project's official bridge as soon as they go live.

An important task - you need to add the Eclipse network to your wallet before mining NFTs.

Aptos

According to Aptos tokenomics, 51% of the project's total token supply is for the community. The airdrop date almost coincided with the second anniversary of the launch of the projects main network.

Earlier, the Aptos team raised $350 million. The funding round was led by #BinanceLabs , Andreessen Horowitz (a16z), DragonFly Capital, FTX Ventures and Jump Crypto. Coinbase Ventures, Circle and Multicoin Capital also participated.

Participation in the Aptos Airdrop involves #NFT​ minting. In honor of the anniversary, the developers introduced a limited edition of tokens.

"If you're here, it means you're here first to celebrate the second anniversary of the Aptos core network. We've released a commemorative NFT AptosTwo - tokens available for a limited time. Mint your AptosTwo tod
#ScrollOnBinance

Potential major regulatory changes for the #cryptocurrencymarket are being actively discussed in #SouthKorea this week. The Financial Service of Korea (FSC) is considering lifting the ban on spot ETFs, as well as allowing institutional investors to open accounts on #exchanges . These moves signal a softening of the supervisory authorities' stance towards digital assets and their integration into traditional finance. Since 2018, institutional players have been unable to trade cryptocurrencies due to strict requirements.

At the same time, cryptocurrency is increasingly being incorporated into Korea's legislative processes. According to the norms of the Civil Code, digital assets can be divided between spouses in the process of divorce. The Supreme Court of Korea already in 2018 recognized cryptocurrencies as intangible assets, which allows them to be taken into account in the division of property. Moreover, if one spouse suspects the other of having cryptocurrency accounts, the court can further investigate.

These measures reflect the growing importance of digital currencies as a financial instrument and their increasing use in various spheres of life - from investments to family law. The possible lifting of the ban on spot ETFs will create new opportunities for local investors, especially against the backdrop of the global trend towards the growing popularity of such funds.

In addition, the changes may strengthen South Korea's competitive position in the global cryptocurrency market. This will open up new prospects for the country to develop blockchain technologies and attract foreign investment.

However, it is important to note that despite these positive steps, cryptocurrency markets remain under the scrutiny of regulators. Possible changes will require careful consideration to balance the interests of both #investors and the state, while maintaining the necessary level of protection and transparency.
#MemeCoinTrending

Solana (SOL) has plummeted to its lowest level since mid-April. $SOL Amid the downturn #cryptocurrencymarket Raoul Pal, founder and CEO of Real Vision, has made a bold prediction for Solana ($SOL ), likening its growth potential to a banana that is “slowly ripening but will look amazing in the fall."
In a recent tweet, Pal shared his views on Solana's recent price action. "The bananas are slowly ripening... but they will look amazing in the fall," he said metaphorically, expressing his confidence in a significant increase in SOL prices in the future.

Blockchain platform Sui continues to strengthen its position in the #cryptocurrencymarket by setting a new all-time price high for its own $SUI
coin. It is trading at $2.23, marking an increase of 12.6% in the last 24 hours. This has caught the attention of traders and analysts alike, confirming Sui's potential as a promising decentralized network. The project's market capitalization reached $6.16 billion, and daily trading volumes on the spot market, surpassed the $1.69 million mark.

Sui is a high-performance blockchain based on the Move language, which focuses on scalability and low transaction latency. Its main feature is the ability to process #transactions in parallel, which allows transactions to be processed much faster than on traditional blockchains like Ethereum. This is what makes Sui attractive to developers of decentralized applications (dApps) and users looking for speed and cost-efficiency.

The rise in Sui's price is also due to the positive sentiment in the cryptocurrency market and attention to projects that provide innovative solutions. Partnerships, ecosystem expansion and interest in the Move language in the blockchain community, increase investor confidence in the future success of the platform.

However, Sui's prospects depend not only on the technology, but also on its ability to attract more developers and users. Competing with networks such as Solana and #Avalanche" also challenges Sui to further improve its features to maintain its leadership position. If blockchain continues to integrate innovation and expand its #ECOSYSTEM , it stands a good chance of taking an important place among next-generation platforms that provide efficient solutions for scalability and speed.
#SUIHitsATH