Binance CEO Richard Teng predicts bitcoin’s all-time high in 2025, citing regulatory shifts under Trump’s leadership, strategic U.S. moves, and pro-crypto momentum.
Binance CEO Says Bitcoin Will Hit All-Time High in 2025, Backed by Trump’s Reforms
Binance CEO Richard Teng shared his optimism last week about bitcoin reaching a new all-time high in 2025, attributing his forecast to what he described as a shifting regulatory environment in the United States under President Donald Trump. In a CNBC-hosted fireside discussion at the World Economic Forum in Davos, Switzerland, Teng stated:
If you look at past cycles, this year will be a year that we see a new all-time high for the crypto industry.
He highlighted that the Trump administration’s policies could usher in much-needed regulatory clarity, driving the next phase of growth for cryptocurrencies like bitcoin.
Teng pointed to several recent moves by the U.S. government as key to creating a more crypto-friendly environment. President Trump’s executive order, “Strengthening American Leadership in Digital Financial Technology,” emphasizes innovation in digital finance, support for dollar-backed stablecoins, and rejection of a central bank digital currency (CBDC). In addition, the U.S. Securities and Exchange Commission (SEC) has formed a task force to clarify crypto regulations, while Mark T. Uyeda, a crypto-friendly figure, has been appointed as the SEC’s acting chair. Similarly, the Commodity Futures Trading Commission (CFTC) has named a new leader to enhance oversight of crypto assets, signaling the administration’s intent to integrate digital assets into the financial framework.
Teng underscored that these changes could provide the industry with “certainty” and “recognition” and foster sustainable growth. Highlighting the broader shift, Teng noted a growing pro-crypto stance among U.S. lawmakers and regulators. Noting that legislation on token issuance, trading, and asset management is likely to move forward, he remarked:
The House of Representatives and the Senate now [are] pro-crypto, compared to the past.
The Binance boss also mentioned Trump’s campaign pledge to establish a U.S. strategic bitcoin reserve, which would further bolster confidence in the industry. Teng concluded that these developments mark a significant transformation in how the U.S. approaches cryptocurrency, laying a strong foundation for bitcoin’s resurgence in 2025.
Source: Bitcoin
