The cryptocurrency market is currently battling one of its most intense episodes of chaos to date. Bitcoin, which was once at its prime of $100K, has now fallen to sit at $85K, with the majority of the altcoins bleeding red from all sides. Despite the dramatic market crash that has happened, investors should remember how the cryptocurrency domain has come a long way in terms of innovation and new endeavors that have vowed to sustain the industry for generations to come. Here’s a list of all things “happy” that happened to crypto this year to strengthen the morale of the domain at the moment.
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Happy Things That Happened to the Crypto Domain This Year
The Bitcoin fear and greed index has currently hit a new low of 10, fanning flames of fear within the hearts of investors. In times of such market distress, Altcoin Daily has uploaded a post on X emphasizing the bigger picture, all while pivoting investor mindset to focus on a larger narrative. The post outlined how everyone is focusing on the current market mayhem, but is failing to see the innovations and changes that the industry has managed to accept in the long haul.
For instance, the post consisted of all “good” things that happened to crypto this year, including the SEC ending legal battles with major crypto firms such as Robinhood, Uniswap, and Coinbase. This development has ushered in a positive crypto outlook, helping the domain gain a stabler market reputation. That being said, the post also outlines how the element of staking yields on ETFs is being considered at the moment, which again, would be a novel feat if approved and accepted at large.
The US SEC is also acknowledging major coin ETFs at the moment, which is signaling a brewing bullish momentum is underway for the industry to bask in soon.
“What most people see: crypto crash, market chaos, fear, uncertainty, doubt. What most people don’t see: SEC ends investigations into Robinhood, OpenSea, and Uniswap; dismisses Coinbase lawsuit; and acknowledges $ADA, $DOT, $LTC, $SOL, and $XRP spot ETFs. Adding staking yield to spot ETFs is being discussed. A major stablecoin bill is about to be passed. SAB 121 rescinded. Strategic Bitcoin stockpile & pro-crypto legislation on the horizon.”
New Bullish Administrative Changes In The Industry
Talking about the pro-crypto narrative in the current US political domain, the post outlined how the majority of administrative heads are now crypto-inclined, flashing major bullish signals for the industry to thrive on later.
“The US President, Vice-President, Treasury Secretary, Commerce Secretary, SEC Chair, CFTC Chair, etc., all own Bitcoin or are pro-crypto. More Bitcoin holders & crypto believers are in US government positions of power than ever before in Bitcoin’s history.”
Altcoin Daily later emphasized how the US now comprises a crypto task force, a White House crypto czar. These elements were launched to ensure that the cryptocurrency market direction stays intact and precise for a long time.
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“We now have an SEC Crypto Task Force, a White House Crypto Czar, and a US Crypto Advisory Council. BlackRock is now recommending a 2% starting allocation. Most people are going to miss out. You don’t have to.”
What most people see:
— Altcoin Daily (@AltcoinDailyio) February 25, 2025
crypto crash, market chaos, fear, uncertainty, doubt
What most people don't see:
SEC ends investigations into Robinhood, OpenSea, Uniswap, dismisses Coinbase lawsuit -acknowledges $ADA, $DOT, $LTC, $SOL, $XRP spot ETFs.
Adding staking yield to spot ETFs…
Bitcoin Status Report March 2025
While the market seems to be in utter chaos as of now, CoinCodex predicts Bitcoin to hit a new high of $125K by the end of March 2025.
“According to our current Bitcoin price prediction. The price of Bitcoin is predicted to rise by 42.50% and reach $ 125,879 by March 28, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 25 (extreme fear). Bitcoin recorded 12/30 (40%) green days with 3.06% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a bad time to buy Bitcoin.”
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