Dex-Trade News Digest: Crypto Donations Rise After Hurricanes & Bitcoin Price Predictions for 2025

Dex-Trade News Digest: Crypto Donations Rise After Hurricanes & Bitcoin Price Predictions for 2025

In this week's digest, we pinpoint how cryptocurrency is helping the relief of hurricane victims and delve into veteran trader Peter Brant's bullish Bitcoin forecast for 2025.

Crypto Donations Fuel Relief for Hurricane Victims

Organizations are now taking advantage of cryptocurrency donations to help in recovery efforts after Hurricanes Helene and Milton destroyed many states across the United States. Websites, including The Giving Block and Givepact, build funds for crypto users to donate for the relief effort. These websites allow multiple different cryptocurrencies, such as Bitcoin and Ethereum, to be donated from people looking to provide aide to in-need communities.

Pat Duffy, from The Giving Block, said crypto donations have been known to exceed those from traditional cash by more than 80x. Other major charities involved included Save The Children and Project Hope, with the money and items raised going into necessary services such as medical care, food, and shelter.

This crypto philanthropy trend, on the rise, exemplifies how digital assets modernize the way that people give, with tax benefits, including crypto exempt from wash sale rules, further helping drive donations.

Bitcoin's 2025 Outlook: $135K Price Target?

The veteran trader Peter Brant currently shared his optimism for Bitcoin to reach 135,000$ by 2025. As Brant explained, Bitcoin's recent market consolidation is only a "breath of air" before the next big bull run. Taking inspiration from historical halving cycles, he blended this into the second half of the current cycle for Bitcoin, reaching new all-time highs.

 

However, Brant gives a different warning of a crucial support level-when Bitcoin falls below $ 48,000 his price target is in jeopardy. His forecast coincides with expectations of macroeconomic factors like cuts from the Federal Reserve rate and growing money supply boosting Bitcoin in the coming year. 


Brant remains optimistic, Markus Thielen, Chief Executive Officer of 10x Research, said that one is not wise to base complete hope on macro trends. For Thielen, Bitcoin cannot continue growing without sound fundamentals. The upcoming U.S. presidential election might just play an essential role in how the market pans out, according to him, and already, Donald Trump and Kamala Harris are onboard with digital assets, whose policies may be a significant catalyst for Bitcoin in the future.

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