Bybit: The cryptocurrency market is gradually becoming clearer after Trump returns to the White House. This year, the price of Bitcoin could rise to $250,000.

21/01/2025

The cryptocurrency market is stepping into a more friendly regulatory environment. This change is injecting a shot in the arm for the market, making it more confident in digital assets and gaining greater acceptance. It is believed that institutional investment will also continue to grow rapidly.

US President Trump officially returned to the White House on January 20th, local time. During the election period, Trump had a positive attitude towards the future development of the cryptocurrency market. Ben Zhou, co-founder and CEO of Bybit, believes that the future of the cryptocurrency market will gradually become clearer. He also believes that 2024 marks the beginning of a new era for cryptocurrency. It is encouraging to see the market becoming more friendly towards cryptocurrencies, with the use cases constantly expanding. With clearer policies, investor confidence is significantly increasing, and Bybit predicts that the price of Bitcoin is expected to rise to $175,000 to $250,000 by 2025. The recent launch of meme coins by US President Trump and First Lady Melania has set a strong precedent for the future. As President Trump enters his second term, the market will be prepared for the accelerated growth in the Web3, decentralized finance, and blockchain sectors. The rise of $TRUMP coin reflects the growing demand for on-chain transactions in the market, highlighting the major trend of entering the Web3 era. As a leader in the Web3 space, Bybit is actively preparing for this transformation. The cryptocurrency market is entering a more friendly regulatory environment. This shift injects confidence and wider acceptance into the market for digital assets, and institutional investment is expected to continue growing rapidly. In the coming months, clearer regulatory guidelines and the establishment of a cryptocurrency advisory council will provide more support to the industry and accelerate the transition of cryptocurrencies into real assets used in daily life. Furthermore, companies worldwide are gradually adapting to the market changes, and Bybit expects Europe, the UAE, the Asia-Pacific region, Singapore, Hong Kong, and other areas to accelerate the development of cryptocurrencies. Bybit is confident in the future of the industry, promising to continue to drive innovation while maintaining compliance, helping partners and clients prepare adequately to seize the opportunities in 2025.

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Shougang Langze (02553) has published a supplementary prospectus, expecting to be listed on July 15th.

HSSP INTL (03626) stated that the company's public shareholding is not less than 25%, complying with the minimum public shareholding requirement.

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