Bitcoin (BTC) has surged past $100,000, spurred by hopes surrounding a potential Trump inauguration and substantial inflows into Bitcoin Exchange-Traded Funds (ETFs), totaling $1.9 billion in just two days. In a noteworthy move, MicroStrategy acquired an additional $101 million in Bitcoin, further contributing to market momentum. The premium for Bitcoin on Coinbase has turned positive, leading analysts to predict BTC could double to $200,000 by 2025. Meanwhile, insights from CryptoQuant suggest that the current crypto bull cycle may be entering its final stage. In the broader crypto market, the decentralized exchange (DEX) volume for Solana (SOL) surpassed that of Ethereum (ETH) within 24 hours, highlighting Solana’s growing prominence. A proposal for SOL aims to address specific scalability challenges, while the HYPE token bridge to SOL has officially launched. Additionally, Backpack, after acquiring FTX EU, is set to unveil plans in Q1. Recent developments also include Gemini resolving its CFTC Bitcoin futures case for $5 million and insight into Prime Ministerial frontrunner Pierre Poilievre's pro-crypto stance in Canada.

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