ChainCatcher news, according to official sources, VanEck CEO Jan Van Eck stated that the reason for the rapid rise in cryptocurrency prices is the largest shift in U.S. government policy in history. Additionally, he predicts that Bitcoin will reach $400,000.Furthermore, Jan Van Eck mentioned in an interview with CNBC last week that he expects Bitcoin's price to exceed $400,000 by 2030. He even predicts that by 2050, Bitcoin's price will reach $3 million.

ChainCatcher news, according to Cryptonews, the chairman of the Financial Services Commission (FSC) of South Korea, Kim Byung-hwan, stated in a television interview that there are currently no plans to establish a national Bitcoin reserve.Kim Byung-hwan pointed out that South Korea will make decisions after observing the reactions of other countries to Trump's cryptocurrency adoption plan. He emphasized that the FSC currently prioritizes investor protection issues and remains vigilant about the rapid growth of the cryptocurrency market. It is reported that although South Korea implemented the "Virtual Asset Protection Act" in July this year, regulatory agencies still need to carefully assess the actual impact of cryptocurrency assets on the economy.

ChainCatcher news, according to Cointelegraph, the nonprofit cryptocurrency advocacy organization Coin Center warns that while a Trump victory would be good for the cryptocurrency industry, entrenched policies could still scare away American cryptocurrency innovators.Coin Center's research director Van Valkenburgh analyzed the prospects for U.S. crypto policy after the 2024 election in an article and shared three major "serious threats" facing U.S. crypto users and developers in 2025. One major threat comes from the cryptocurrency reporting requirements set forth in U.S. tax code Section 6050I, which mandates that individuals receiving more than $10,000 in cryptocurrency report it to the IRS without a license. The second and third major threats stem from sanctions imposed on Tornado Cash, including unlicensed remittance criminal charges against mixing services and Samourai Wallet.