- Cryptographic companies are optimistic after a show in 2024.
- They expect Trump to relax the regulation of cryptography increases the markets in 2025.
A version of this story appeared in our AUTERUM Newsletter on February 14. Register here.
Hi! Eric here.
The big point to remember from Coinbase, Robinhood, Kraken and the company previously known as Microstrategy lately?
“It is the dawn of a new era for the crypto,” said CEO of Coinbase, Brian Armstrong, when he celebrated the peak of quarterly income of 130% exchange crypto who saw more income From double to 2.2 billion dollars.
He has a point.
Since his re-election, Donald Trump has moved quickly to make his commitment to transform the United States into the cryptographic capital of the planet.
He appointed a Tsar Crypto, appointed pro-industrial candidates for key positions and has drawn decrees.
Feeling where the wind blows, the legislators have proposed both new laws and strategic reserves of Bitcoin supported by the State and interviewed banking regulators about the alleged speech of cryptographic companies.
Elsewhere, Wall Street and Fintechs adopt a crypto like never before, the venture capital returns and the stock market issuers flood the Securities and Exchange Commission with new requests.
Despite the almost overwhelming increase in these events, retail investors seem a little deflated.
The feeling is a bit “Meh”, as Noelle Acheson said. She identified a few culprits: the SSPT started from the 2022 accident, the same and strategic Bitcoin reserve distractions and a lack of cryptographic innovation.
And the director of chief investments of Bitwise, Matt Hougan, suggested that the industry does not have a new clear story, apart from the same, which can drive the market.
“It is difficult to tell you that you are building a new and better world on the basis of Fartcoin or the Hawk Tuah token,” he noted.
Hougan added that he expected a catalyst to trigger the next pump at any time now.
This feeling was taken up in the income of cryptographic companies.
Robinhood CEO Vlad Tenev said that the trading application would accelerate the deployment of new cryptography offers while more regulatory clarity comes into play.
Likewise, Michael Saylor, the president of Strategment, used his recent income to highlight his “strategic nucleus”, which has gone from Bitcoin software.
The question is what part of this euphoria is already cooked in cryptography?
Why the joke of Vitalik Buterin “ Mak
Vitalik Buterin tweeted“Make communism great again” this week. People were far from satisfied, but Liam Kelly Signals what Ethereum co-founder could have really said.
Kraken supports competition from the competition of traditional institutions and rivals of industry, because Trump should soften cryptographic laws.
The launch of Spot Bitcoin ETF last year was slightly spoiled by an unfortunate hack. This is how the pirate did.
Post of the week
Ethereum continues to underperform compared to its main rivals in the middle of a brewed civil war. Buerin’s tweet this week did not do much to relieve these concerns.
Ethereum is so taken in a battle between the Nazis and Commies that I start to think that his demographic target is the Buffs of the Second World War
– David Phelps (@divine_economy) February 13, 2025
