The outlook for the crypto industry in 2025, according to Binance CEO
As we approach the close of 2024, a crucial question resonates in the crypto ecosystem: What awaits us in 2025? According to Richard Teng, CEO of Binance, the coming year will be marked by significant advances in regulation, institutional adoption, technological innovation and new horizons for cryptocurrencies. These are the key ideas to prepare for the new year.
2024, a historic year for cryptocurrencies
2024 will be remembered as a transformative year for the crypto market. Bitcoin broke records by reaching new all-time highs, also boosting total market capitalization. Bitcoin spot ETFs established themselves as a preferred tool among institutional investors, accumulating more than $31 billion in net inflows and managing more than $100 billion in assets.
In addition, July brought with it the Ethereum spot ETFs, which now manage over $9 billion in assets with an impressive early performance.