- Richard Teng forecasts a new all-time high for crypto by 2025
- U.S. regulatory clarity under President Trump seen as key driver
What happened: Binance CEO predicts crypto market boom in 2025
Binance CEO Richard Teng predicts that the cryptocurrency market will reach a new all-time high in 2025, driven by positive regulatory developments in the U.S. under President Donald Trump. Speaking at the World Economic Forum in Davos, Teng highlighted the growing regulatory clarity expected in the U.S. this year, which he believes will provide a solid foundation for the industry’s growth.
Teng noted that the crypto market, especially Bitcoin, has seen significant progress, with Bitcoin surpassing the $100,000 milestone last year. He emphasised that the changing political and corporate sentiment towards crypto is contributing to the optimism.
According to Teng, the support from both the U.S. government and key financial regulators, such as the SEC and CFTC, will lead to more favourable legislation for the industry.
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Why It’s Important
Richard Teng’s forecast points to a critical shift in the cryptocurrency market, with 2025 poised to be a landmark year. The anticipated regulatory changes under the new U.S. administration, led by President Trump, are expected to provide more stability for the crypto sector, which has been plagued by uncertainty in recent years.
The possibility of clearer guidelines on token issuance, trading, and asset management could stimulate investment and market growth. Furthermore, Teng’s statement about the pro-crypto stance of key political figures, including members of Congress and regulators, signals a broader acceptance of digital assets within traditional financial frameworks.
These developments may pave the way for a more structured and secure environment for both investors and companies within the crypto ecosystem.
