🟪The cryptocurrency market remains under pressure, with only Tron and Binance Coin showing weekly growth among the top 10 digital assets. Meanwhile, mentions of Bitcoin on social media have surged by 65% in 2024. Peaks in activity correlate with the launch of spot Bitcoin ETFs in January and Donald Trump’s election victory in November.
🟪John Ma, head of the Artemis fund, predicts the market capitalization of cryptocurrencies could reach $100 trillion in the long term, provided retail investors play a more significant role and the boundaries between centralized and decentralized finance continue to blur.
🟪In other news, Montenegro’s Constitutional Court rejected an appeal from Do Kwon, leaving the decision on his extradition to the country’s Ministry of Justice.