As every week, we summarize the last days with Sebastian Seliga from zondacrypto.
zondacrypto’s share in CfC St. Moritz
The zondacrypto exchange, known for its low fees and a wide range of available cryptocurrencies, appeared at the CfC St. conference. Moritz, which took place from January 15 to 17, 2025 in the picturesque scenery of Switzerland. This exclusive event brought together key cryptocurrency industry leaders and investors, offering a platform to discuss the latest trends and challenges in the digital asset sector.
CfC St. Moritz focused on key issues regarding:
- regulation of cryptocurrency markets,
- technological innovations,
- sustainable development in the industry.
Speakers included influential representatives of the financial and technology sectors, such as Rostin Behnam, chairman of the U.S. Securities and Exchange Commission (CFTC), and Sheila Warren, CEO of the Crypto Council for Innovation.
Increased interest in the market
zondacrypto’s share in CfC St. Moritz emphasizes the growing interest of institutional investors in cryptocurrencies and the need for education about digital assets. This event enabled the exchange representatives to establish contacts with other industry leaders and exchange experiences and ideas for the future of the market.
Key events of the week
A historic decision by the US Senate
The US Senate has passed a decision to create a subcommittee on cryptocurrencies. Cynthia Lummis has been nominated as its president, which is seen as a positive step for the industry. The subcommittee’s goal is to better understand and regulate the cryptocurrency market, which may contribute to greater stability and increased trust in digital assets in the United States.
Bitcoin price increase
In response to lower-than-expected core inflation (CPI) data in the US, the price of bitcoin rose to around $100,000. The market reacted optimistically to the possibility of interest rate cuts by the US Federal Reserve, which usually favors an increase in asset prices.
Record growth of XRP
The XRP cryptocurrency has seen significant growth, surpassing its previous December 2024 highs. This growth is supported by the accumulation of tokens by institutional investors, which suggests strong interest in this asset. Currently, XRP is at its highest level since 2018, which may herald further development of the bull market.
Changes in investor sentiment
Last week, a significant recovery was noticed on the altcoin market, which may indicate the upcoming period of the so-called “altseason”. Investors are starting to believe again in the potential of alternative cryptocurrencies, which may lead to further growth in this sector.
Donald Trump controversy
Donald Trump is reportedly in talks with Ripple, considering including cryptocurrencies such as XRP, USDC and Solana in the US national reserve. Such a move could change the current emphasis on bitcoin’s dominance, opening the door to wider adoption of other cryptocurrencies. Trump may also issue executive orders on cryptocurrencies as early as January 20, the first day of his presidency.
Litecoin ETF could attract up to $580 million
If the adoption of Litecoin ETFs follows the success of Bitcoin ETFs, the market could see capital inflows of $580 million. Currently, Canary Capital seems best placed to introduce this new financial instrument, which may increase the interest of institutional investors.
Russia sees a threefold increase in demand for bitcoin mining
The rise in bitcoin prices and greater regulatory clarity have resulted in a three-fold increase in demand for cryptocurrency mining equipment in Russia. Both citizens and companies are increasingly turning to cryptocurrency mining as an additional source of income.
Tether moves global headquarters to El Salvador
El Salvador’s friendly regulations and digital aspirations attracted Tether, which announced it would establish its global headquarters there. This is another step towards strengthening El Salvador’s position as a leader in the adoption of Bitcoin and blockchain technology.
Coinbase wins important legal victory
Coinbase forced the SEC to clarify its position on cryptocurrency regulation. This is a key moment for the entire industry that could influence future regulations in the US and increase transparency for cryptocurrency companies.
BlackRock: Bitcoin adoption is ahead of the development of the Internet and mobile phones
BlackRock emphasizes that the pace of Bitcoin adoption is faster than the development of the Internet or mobile phones. Younger generations are driving this change, which could accelerate the global adoption of cryptocurrencies as a new asset class.
Summary
The past week was full of dynamic changes and important events in the world of cryptocurrencies. zondacrypto’s share in CfC St. Moritz, the price increases of Bitcoin and XRP, legislative decisions in the US and the controversy related to Donald Trump indicate the growing interest in the cryptocurrency market and its potential development in the coming months.
However, investors should remain cautious and monitor the situation, especially in the macroeconomic and political context.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the zondacrypto exchange.
