This week in crypto saw a notable prediction from trader Filbfilb, who suggested Bitcoin could reach a target of $180,000 in 2025, as the market continues to perform strongly above $100,000. Coinbase CEO Brian Armstrong advocated for nations to establish Bitcoin reserves, viewing it as a hedge against inflation and central for both economic and national security. In regulatory news, the SEC filed charges against Digital Currency Group for misleading investors regarding its financial health post-Three Arrows Capital's collapse. Furthermore, President-elect Donald Trump plans an executive order prioritizing crypto regulation, a move speculated to influence market dynamics. Meanwhile, the NFT marketplace faced challenges, with DappRadar reporting a significant decline in trading volume and sales in 2024, marking its worst year since 2020. As of now, Bitcoin is priced at $104,304, and market conditions appear to foster optimism despite the regulatory challenges ahead.

Source 🔗