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Bitcoin’s Trillion-Dollar Comeback: The Market Shift You Can’t Ignore

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Bitcoin’s Trillion-Dollar Comeback: The Market Shift You Can’t Ignore

Bitcoin, blockchain and cryptocurrency were all hot topic trends a few years back. But technology waits for no one, and with all the hype around AI, you’d be forgiven for thinking it’s been forgotten. Not so.

In fact, those who have been keeping up with the news will have noticed that there’s been a resurgence of interest in the decentralized digital currency and the revolutionary distributed ledger technology that it’s built on.

So why is this? What impact will it have on the value of bitcoins – one of the best-performing investments in living memory? And what is the current state of play of the technology that many have predicted will be the “future of money”?

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Let’s take a look at what’s going on in the world of bitcoin, blockchain and cryptocurrency as we head into 2025!

So Remind Me – What Is Bitcoin Again?

Bitcoin is the first and best-known cryptocurrency, a type of digital currency. Cryptocurrencies (or “crypto”) differ from earlier digital currencies in two key ways. First, they are decentralized, meaning the database that records balances and transactions (called a blockchain) is shared across hundreds of thousands of computers. These computers must reach “consensus,” so no single person or organization controls the network. Second, transactions are secured with encryption, allowing only those with the right keys to access and spend funds in their private wallets.

Some believe Bitcoin or other cryptocurrencies could become the foundation of future financial systems. This is because they can handle transactions without middlemen or central banks, avoiding issues like inflation caused by currency value manipulation. However, critics argue crypto doesn’t solve these problems and introduces others, including high environmental costs and challenges in regulation, which attract money launderers, criminals, and scammers.

However, Bitcoin is probably most famous for its explosive growth in value. In 2010, 10,000 Bitcoin were used to buy two pizzas. Today, one Bitcoin is worth nearly $100,000—an increase of close to five billion percent. In comparison, gold rose by just over 100% in the same period, while the value of the US dollar dropped by about 45% due to inflation.

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The Trump Train

Whether you view him as a controversial or transformative figure, Trump’s influence on financial markets as both the 45th and 47th president is undeniable. Trump’s ringing endorsement of Bitcoin – a markedly different attitude to that of former incumbents -is being credited with accelerating the current resurgence of interest in cryptocurrency.

Since announcing his belief that the US should stockpile the digital currency at a convention in the summer of 2024, the price of Bitcoin has rocketed, and mainstream interest in its use as an investment vehicle is off the scale.

Bitcoin fans say that Trump’s interest will drive other countries to integrate cryptocurrencies into their own economic strategies. This will hasten its adoption into the global financial system, further driving up its value and leading to more innovation and disruption.

So What Are Altcoins?

Altcoin is a name used to describe cryptocurrencies other than Bitcoin, so it refers to alternative coins. Currently, the market cap of all cryptocurrencies stands at around $3.5 trillion – slightly higher than the GDP of the UK ($3.4 trillion).

The most well-known altcoin and number-two cryptocurrency is Ethereum, which is blockchain-based like Bitcoin but includes additional functionality. This includes the ability for computer code to be executed on the blockchain, enabling smart contracts. This would allow a blockchain to be programmed to automatically make a payment when pre-determined conditions are met, such as a piece of work being completed.

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Another category of altcoin is meme coins. These are cryptocurrencies based on internet memes, the most famous one being Doge Coin, based on a popular image of a dog, frequently shared on social media and internet message boards. Sounds like a joke, right? Except the market cap of meme coins stands at $120 billion as of writing, and Elon Musk is apparently planning on naming a new branch of the US government after Doge.

The Future Of Money?

So, what does the future hold for Bitcoin and cryptocurrency – once seemingly close to forgotten as the AI craze took hold, but now firmly back on the agenda?

The resurgence in interest – not to mention monetary value – suggests that the technology is resilient and unlikely to simply fade into obscurity, as was predicted during its slump.

But will it go on to become the backbone of a new, fairer and more efficient financial infrastructure, as fans believe? Or will it always be a speculative bubble facilitating gambling, get-rich-quick schemes and scams?

Well, a lot may depend on how successful the incoming US president’s planned shake-up of the economy will be. This is a question that economic analysts are currently divided on.

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With increasing adoption and high levels of FOMO due to its rocketing price, its status as a store of value and hedge against inflation – which had led to it sometimes being considered as “digital gold” counts in its favor. The ongoing evolution of more innovative features and functionality, such as Ethereum’s smart contracts, will likely add to this.

On the other hand, there are clearly still challenges around regulation, such as the high level of volatility that leads to regular crashes in value and high levels of energy use.

All of this may count for little in the end, however. Bitcoin has already forced us to rethink the way we treat currency and value, demonstrating that it may be possible to build a more efficient and democratic financial system based on technology and mathematics rather than central banks.

And as with other transformative technologies – AI and the internet being two examples – once Pandora’s box is opened, it’s very hard to stop it from changing the world.

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Experts celebrate promising new breed of cryptocurrency: 'Not only promises efficiency …'

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Experts celebrate promising new breed of cryptocurrency: 'Not only promises efficiency …'

An up-and-coming player in the world of cryptocurrency is looking to revolutionize the industry through its unique processes that highlight sustainability.

According to Be3, cryptocurrency XRP, developed by Ripple Labs, could have a “transformative impact on both finance and environmental sustainability” thanks to its unique consensus mechanism that does not require mining and uses a negligible amount of energy even as it scales.

It generates a minuscule amount of pollutants per transaction while producing 1,110 pounds of electronic waste and impacting just over 8 cubic miles of natural resources.

This approach separates XRP from its contemporaries, which often rely on the notoriously power-hungry proof-of-work systems and hulking mining centers that can destabilize the grid.

Statistics provided by TRG Datacenters show that XRP is the second-most eco-friendly cryptocurrency behind IOTA, consuming just 0.0079 kilowatt-hours per transaction. Comparatively, bitcoin ranks last at a staggering 707 KWh per transaction.

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Furthermore, the cryptocurrency became the first major global blockchain to achieve carbon net zero by purchasing enough renewable energy to offset its minimal energy requirements, per the XRP Ledger.

Be3 also noted other features that make XRP an attractive option for institutions focused on environmental responsibility, as it takes just three to five seconds to settle at fractions of a cent per transaction.

It’s a welcome addition to a sector that desperately needs more sustainable options. A study by the International Monetary Fund found that crypto mines, in conjunction with artificial intelligence data centers, accounted for 2% of global electricity demand and 1% of carbon dioxide pollution in 2022.

The United Nations found that the bitcoin mining network used 173.42 terawatt-hours of electricity between 2020 and 2021, resulting in a carbon footprint equivalent to burning 84 billion pounds of coal. 

Coal and natural gas also supplied 66% of the energy for mining operations during this period, polluting the planet with planet-warming gases.

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Luckily, the sector has made significant strides in recent times in an effort to become more eco-friendly. 

Alephium, which utilizes a proof-of-work blockchain, has partnered with Gigatons to implement a proof-of-less-work consensus that is significantly more energy efficient. 

Meanwhile, Ethereum has transitioned to a proof-of-stake system that has cut its energy consumption by nearly 100%.

“In a world increasingly attentive to environmental impact, XRP’s innovative technology not only promises efficiency but also a greener future,” Be3 wrote.

Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.

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ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions

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ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions

Zagreb, Croatia–(Newsfile Corp. – January 12, 2025) – ZIUM, a cutting-edge agency founded to tackle some of the most pressing challenges in social media and digital marketing, is now officially open for business. Specializing in Instagram username claims, account unbans, and cryptocurrency marketing, ZIUM has positioned itself as a trusted partner for individuals and businesses seeking innovative solutions in the digital age.

The agency operates at the intersection of technology, social media, and blockchain marketing, empowering clients to unlock their full potential online. With a dedicated team of experts and a results-driven approach, ZIUM is redefining the way people navigate the ever-changing online landscape.


ZIUM

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A New Era of Digital Problem Solving
ZIUM’s services address real-world challenges in today’s digital ecosystem. Instagram, one of the largest and most influential social platforms, has become a critical tool for personal branding, business promotion, and community engagement. However, issues such as unavailable usernames or unfair account suspensions can hinder growth and cause frustration. ZIUM steps in to provide solutions that are fast, efficient, and tailored to each client’s needs.

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Additionally, ZIUM excels in cryptocurrency marketing, offering projects and startups a strategic edge in the fast-paced blockchain industry. By combining deep knowledge of crypto trends with cutting-edge marketing strategies, the agency helps blockchain projects stand out in an increasingly crowded market.

Core Services Offered by ZIUM

  1. Instagram Username Claims
    In the crowded social media space, having the perfect Instagram username can make all the difference. Whether it’s for a brand, influencer, or business, ZIUM specializes in acquiring sought-after usernames to align with clients’ goals and identities. The agency handles the process from start to finish, ensuring a smooth and hassle-free experience.

  2. Instagram Account Unbans
    Account suspensions on Instagram can be devastating, especially for businesses and influencers relying on the platform for engagement and revenue. ZIUM offers expert account recovery services, helping clients navigate Instagram’s policies to regain access to their accounts quickly and effectively.

  3. Cryptocurrency Marketing
    The cryptocurrency space is highly competitive, and visibility is key. ZIUM provides end-to-end marketing strategies tailored to blockchain projects, ensuring they reach the right audience. From brand development to targeted campaigns, ZIUM helps crypto ventures grow and thrive in an ever-evolving market.

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Donald Trump Embraces Meme Coins—A Presidential First

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Donald Trump Embraces Meme Coins—A Presidential First

Donald Trump is making news once more, but this time it’s not for political reasons; it’s about cryptocurrency. As he prepares to return as the 47th President of the United States, Trump will become the first sitting president to own meme currencies, a decision that has stirred both enthusiasm and skepticism in the crypto community.

Trump: A Significant Crypto Portfolio

Recent sources claim that Trump’s crypto wallet consists largely of meme coins and is valued roughly $8 million. Among the assets are $1.5 million in a meme currency with Trump-themed design and $5.5 million in TROG tokens.

In addition, he has about 1.3 billion GUA coins, which amounts to nearly $400,000, and $167,000 in TRUMPIUS tokens. This is a first of its kind, where Trump becomes an oddity in the world of politics and cryptocurrency, considering his earlier reluctance towards digital assets.

From Skepticism To Support

Trump’s journey into the crypto world is notable. He had been a strong critic of Bitcoin and other cryptocurrencies, calling them scams. But that all changed in 2024 when he started publicly endorsing Bitcoin and speaking out for the right to own it. That’s a broader trend among politicians, who are increasingly recognizing the potential of cryptocurrencies and their growing popularity among voters.

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Trump’s financial success in the digital sphere was also aided by his venture into non-fungible tokens (NFTs) on Ethereum. Trump reportedly made a good living from these endeavors, and he currently owns roughly 496.77 ETH, which is worth about $1.6 million.

BTC is currently trading at $94,144. Chart: TradingView

Implications For Regulation

Many people are eager to see how Trump’s administration will regulate cryptocurrencies now that he is back in office. A possible change toward a more advantageous regulatory climate for digital assets is hinted at by the nomination of important individuals like David Sacks as “Crypto Czar” and Paul Atkins as SEC chair. This could result in more precise rules for investors and businesses involved in the cryptocurrency industry.

Trump

Donald Trump. Image: Ronda Churchill/Reuters

The policies by Trump are already changing market dynamics as everybody is anxiously awaiting them. During this time when Bitcoin hit a record high of $108k, while meme coins surged, analysts still feel that Trump could make the year 2025 a major turning point in cryptocurrencies.

Meme Coin Boom

The rise of Trump-owned meme coins is indicative of a broader cultural shift among younger investors who are fed up with established financial institutions. This combination of the political influence of Trump and the speculative nature of meme coins puts a scenario under which political events could significantly affect cryptocurrency markets. Thus, while the investors go about this, they are not ignorant of the volatility that is usually associated with meme coins.

Featured image from Fortanix, chart from TradingView

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