Crypto Policy

Analyst: Bitcoin faces three major influencing factors in 2025: Trump's government crypto policy, Federal Reserve monetary policy, and U.S. government debt

ChainCatcher news, according to Barron's, as Bitcoin retraced to $94,000 on Christmas Eve, Yuya Hasegawa, an analyst at the Japanese cryptocurrency exchange bitbank, elaborated on three key factors influencing the crypto market in 2025.First, the direction of cryptocurrency policy under the Trump administration will dominate market sentiment. The proposed strategic Bitcoin reserve plan and the appointment of pro-cryptocurrency nominees are expected to directly impact the price trends of mainstream cryptocurrencies, including Bitcoin, XRP, and Dogecoin.Second, the Federal Reserve's monetary policy will continue to affect the crypto market. Hasegawa pointed out that loose monetary policy has historically been favorable for Bitcoin prices, while the opposite would have a negative impact. Although the Federal Reserve has cut rates by 100 basis points this year, Trump's plan to impose tariffs of 10%-20% on all imported goods, with tariffs on Chinese goods potentially reaching 60%, could exacerbate inflationary pressures, forcing the Federal Reserve to maintain higher interest rates.Third, the U.S. government debt issue may become a new focus for the market. Hasegawa emphasized that a high-interest-rate environment will increase the burden of government debt. If concerns about debt sustainability arise and the U.S. strategic Bitcoin reserve plan is successfully implemented, Bitcoin's safe-haven properties as digital gold will gain more attention, potentially driving its valuation higher.

Stand With Crypto proposes seven cryptocurrency policy recommendations ahead of the UK elections

ChainCatcher message, initiated by Coinbase's "Stand With Crypto" advocacy group, proposed seven cryptocurrency policy recommendations ahead of the UK elections on July 4.'The cryptocurrency advocacy group stated in a declaration that the next government should promote the UK as a global hub for web3 and tokenization, and establish a joint industry and government working group to explore opportunities to position the UK as this hub.Additionally, it recommended swiftly legislating for crypto assets, adhering to the principle of "same risk, same regulatory outcome" to protect consumers and promote industry growth, including regulating fiat-backed stablecoins to encourage competition in the digital payments space. The organization also prioritized treating proof of stake as a regulated activity and ensuring retail participation, which is crucial for the operation and innovation of proof of stake blockchains.Stand With Crypto UK further suggested that the government should undertake policy work to explore the advantages of decentralization across various sectors such as education, healthcare, and telecommunications, encouraging all government departments to adopt blockchain technology under the leadership of the Department for Science, Innovation and Technology to enhance efficiency and innovation.It also recommended developing a strategy to integrate tokenization into the financial sector, including lifting restrictions on retail access to cryptocurrency exchange-traded notes and providing a sandbox environment for experimenting with the tokenization of real-world assets.
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