One key factor in the crypto market revival is Trumpβs proactive stance on cryptocurrencies. While initially skeptical, Trump outlined bold plans at the Bitcoin 2024 event, including maintaining government-held Bitcoin, creating a national cryptocurrency reserve, and forming a "Bitcoin and Crypto Presidential Advisory Council." Shortly after, Senator Cynthia Lummis proposed a bill to grow U.S. Bitcoin holdings to one million tokens over five years.
π° Governments and Bitcoin Reserves
The idea of state Bitcoin reserves isnβt new, as nations like the U.S., China, and Germany hold significant crypto assets. However, Trumpβs victory reignited debates, with pro-crypto senators now dominating Congress. Michael Saylor of MicroStrategy believes this marks a pivotal shift toward Bitcoin as a strategic reserve asset.
π Blockchain Boom and Solanaβs Rise
Blockchain protocols like Solana are in the spotlight. Innovations like Firedancer, capable of processing over 1M transactions per second, and a surge in memecoin activity have driven Solanaβs TVL to $8 billion. Meanwhile, $SUI βs TVL hit $1.5 billion, and Whitechainβs $WBT token doubled in Q4.
π€ AI Agents and Crypto Evolution
AI agents, with goal-driven autonomy and decision-making capabilities, are transforming crypto. Success stories like Terminal of Truths and $GOAT underscore their potential. AI-powered VC ai16z also surged 694% in a week, demonstrating the growing integration of AI into blockchain ecosystems.
π FOMC Meeting and Market Outlook
The December FOMC meeting is pivotal for crypto. Interest rate cuts in September and November have boosted liquidity, and a further 25 bps cut is expected. If confirmed, it could fuel a bullish wave, positioning 2025 as a year of resurgence.
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