Citi Research predicts that the cryptocurrency market will continue its rapid growth in 2025, with stablecoins and digital asset exchange-traded funds (ETFs) playing pivotal roles in driving adoption.
The recent surge in Bitcoin’s price to $108K has set a positive tone for the upcoming year, with the firm forecasting even better performance for the digital asset market.
Citi’s analysis highlights 2024 as a landmark year for crypto, noting a 90% increase in the total market capitalization, which peaked at $3.73 trillion. This surge is attributed to the approval of spot Bitcoin and Ethereum ETFs by the SEC, which have drawn significant investment into the sector.
The analysis also indicates that the overall market trend remains bullish, with indicators like the Relative Strength Index (RSI) and the MACD showing sustained positive momentum.
In particular, Citi emphasized the growing influence of stablecoins, which currently have a market cap of $213 billion. The report suggests that expanding stablecoin use beyond trading could foster deeper integration with decentralized finance (DeFi) and broaden sector engagement.
Additionally, Citi analysts foresee a shift in cryptocurrency regulation, predicting that the focus will transition from enforcement actions to a more structured legislative approach under the leadership of a potential future administration.
A new report from blockchain analytics firm Santiment highlights which DeFi projects have seen the most developer activity over the past month—and the leaderboard has shifted in unexpected ways.
Shiba Inu’s Shibarium team has launched an internal investigation into alleged rug pulls carried out by actors operating within the network.
BlackRock is reportedly preparing to purchase nearly 10% of the shares in Circle Internet Financial Ltd.’s upcoming IPO, expanding its existing role as manager of the Circle Reserve Fund, which backs USDC with roughly $30 billion in assets.
Ross Ulbricht, the man once behind the Silk Road dark web marketplace, has turned artifacts from his prison years into a multimillion-dollar Bitcoin windfall.