Bitwise predictions for 2025 suggest crypto is in for a monumental year
Description
Bitcoin had another tumultuous day, crashing again into the $94,000 range, but has the week's rough start been the necessary clear-out the market needs to push forward? Also, on Bitcoin, Microsoft shareholders voted "no" to adding Bitcoin to its treasury, and Ray Dalio warned of a global debt crisis but sees Bitcoin as part of the safe haven. Then, the NY regulator approved Ripple's RLUSD stablecoin, and Bitwise predicted 2025 will be the "year of the crypto IPO," followed by some other eyebrow-raising events! So, grab yourself a coffee and let's get you caught up.
Further reading:
- Bitcoin is crashing, but options markets are calling for $111K BTC price by February
- Microsoft shareholders vote ‘no’ to Bitcoin reserve
- Ray Dalio predicts global debt crisis, backs Bitcoin, gold
- NY regulator approves Ripple’s RLUSD stablecoin — Brad Garlinghouse
- Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public
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