Today in crypto, BitMEX co-founder Arthur Hayes predicted that $612 billion in new liquidity to the US Treasury by March 2025 could alleviate regulatory disappointment following President-elect Donald Trump's inauguration. Hayes noted that despite Bitcoin's recent drop below $100,000, added liquidity might counterbalance concerns over delayed regulations. He anticipates a Bitcoin rally by March leading to a potential correction afterward. Meanwhile, Fidelity Digital Assets reports that nation-state Bitcoin adoption is expected to stimulate significant market growth, with more government treasuries considering Bitcoin as a strategic asset. Additionally, VanEck emphasized that the blockchain network Hyperliquid needs to cultivate developer activity to maintain its market cap, currently at $25 billion, following its rapid success in the decentralized exchange space. The landscape suggests a shift towards increased institutional interest and necessary technological development in major blockchain ecosystems.

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