Web3 AI Daily Review (2025/1/17)
Grayscale's Managing Director Zach Pandl stated that with the approval of spot ETFs in 2024 and Trump's election, the cryptocurrency industry will see more small-scale breakthroughs in 2025. These breakthroughs include an increase in institutional adoption, Congress introducing a more comprehensive legislative framework, and Bitcoin potentially becoming a reserve asset for the United States. In a conversation with Ric Edelman, founder of the Digital Asset Financial Professionals Association, Pandl mentioned that it is not "completely impossible" for Bitcoin to reach $500,000 by 2030.