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Bloomberg columnists Marcus Ashworth and Mark Gilbert's key message for 2025 is: Fasten your seatbelts, it's going to be a rollercoaster ride.

Regarding the future of Bitcoin, they pointed out that Nobel Prize-winning economist Paul Krugman posted on the Bluesky social platform last month stating that although Bitcoin has surpassed $100,000, there still isn't a legitimate use case even after 15 years.

The recent surge in Bitcoin prices has at least one identifiable catalyst: hopes that the Trump administration will adopt a more lenient attitude towards cryptocurrencies. This expectation is likely to be realized under the leadership of incoming SEC Chairman Paul Atkins, who is perceived as being more crypto-friendly than his predecessor. The regulatory environment will almost certainly become less hostile.

Bitget Wallet launches a rewards program for BGB holders, allowing users holding 1 BGB or more to participate in sharing an airdrop prize pool totaling up to $1 million and unlock exclusive benefits from premium partner projects weekly. The first week's event runs from January 2 to January 9, 2025. Users only need to hold 1 BGB to share a $100,000 prize pool and have the chance to receive token airdrops from XION and MomoAI projects. It is reported that more activities will be launched successively, creating more value for BGB holders.

The number of Bitget Wallet users has exceeded 60 million, with an annual growth rate of 300%, making it the fastest-growing multi-chain wallet globally. After the merger of BWB and BGB, BGB will serve as the unified ecosystem token, expanding into application scenarios such as payments, on-chain transactions, and DeFi staking while enhancing its value through a quarterly buyback burn mechanism.

According to Lookonchain monitoring, a certain whale has spent $9.33 million since November 28 to purchase 19.83 million ai16z (now worth $45.4 million) and $5.89 million to purchase 15.4 million ZEREBRO (now worth $10.37 million). Currently, they have gained a profit of $36 million from ai16z with a return rate of 387% and a profit of $4.8 million from ZEREBRO with a return rate of 82%。

According to BeInCrypto, BingX's innovation division, BingX Labs, announced a strategic partnership with the Bitcoin staking protocol Babylon, investing $5.3 million in the Babylon project through its $100 million ecosystem fund. BingX Labs stated that its support for Babylon is a key step in unlocking greater security, accessibility, and innovation in the blockchain field. It is reported that Babylon focuses on bringing Bitcoin into the PoS ecosystem, allowing users to stake Bitcoin for PoS blockchains and earn rewards without third-party custody, bridging solutions or wrapping services.

According to Lookonchain monitoring, DWF Labs received 1.25 million ZEREBRO (worth $805,000) 22 days ago and became one of the market makers for ZEREBRO. Today, the price of ZEREBRO surpassed $0.78, reaching a new high.

Since its establishment, the T3 Financial Crime Unit (T3 FCU), formed by stablecoin issuer Tether, TRON blockchain, and blockchain intelligence company TRM Labs, has frozen a total of 100 million USDT used by illegal actors. The company analyzed millions of transactions across five continents, monitoring a total transaction volume exceeding $3 billion. TRM Labs uses its blockchain intelligence and monitoring tools to help Tron and Tether identify and freeze USDT associated with illegal activities. (CoinDesk)

Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform that in the 2024 Top 20 ETF rankings, VOO closed with $116 billion, surpassing the old record by $65 billion; IVV had a strong close with $89 billion, and BlackRock's Bitcoin ETF IBIT ranked third with $37 billion.

The market shows that the market value of Virtuals Protocol (VIRTUAL) has fallen after breaking through $5 billion today, setting a new historical high, currently touching $4,580,398,000.

VIRTUAL is now reported at $4.58, with a 24-hour increase of 16.4%.

In recent weeks, the price of Bitcoin has fallen, significantly retreating from its historical high of over $108,000 reached in mid-December. It fell nearly 3% that month but still saw an annual increase of about 120% in 2024. The astonishing rise in Bitcoin this year can be attributed to three bullish factors - optimistic sentiment about regulatory easing, improved macro environment and soaring investment demand. Analysts predict that this cryptocurrency may have greater upside potential in 2025. Tom Lee, founder of Fundstart Global Advisors, expects Bitcoin to reach $250,000 by 2025. Standard Chartered Bank's forecast is $200,000.

In the past two bull market cycles since 2017, Bitcoin has hit new highs every four years. Each bull market cycle sees increases between 2300% and 1700%, followed by a drop of between 70% and 80%. Since reaching a low point of $16,000 two years ago, Bitcoin has soared approximately by around 600%, indicating its huge potential for further growth over the next two years.(BusinessInsider)

On January 2, Ninal Rong, the head of partnership relations at the Arbitrum Foundation, stated that the Arbitrum Foundation will continue to provide financial support for the operation of Ethereum News Weekly and will privately contact Evan Van Ness, founder of Ethereum News Weekly. Previously, Evan Van Ness announced that Ethereum News Weekly would cease operations.