🧵 Latest #Crypto News – 24th January 2025

1/ Market Update

Bitcoin (BTC): $102,378 (slight dip from $109,588 ATH).
Ethereum (ETH): $3,218.67 (stable performance).

The market remains steady but slightly volatile.

2/ Trump’s Executive Order on Crypto

Establishes a federal crypto regulatory framework.
Creates a national digital-asset stockpile.
Bans the development of a US CBDC.

This could make the US a more crypto-friendly environment.

3/ SEC Policy Reversal

Banks can now offer crypto custody services without penalties.
This removes a major hurdle for traditional financial institutions entering the crypto space.

4/ Investor Sentiment

At #Davos2025, major firms (e.g., Guggenheim, Norges Bank) are sceptical about crypto.
Concerns: valuation bubbles, regulatory uncertainty.

Despite progress, adoption from institutional giants remains slow.
#Crypto