Review of the 2025 Crypto Major Events: Trump Leads the Market, Achieves Epic Liquidation on October 11th, and Cryptocurrency Compliance Sees Historic Breakthrough BlockBeats News: On December 23, 2025, the cryptocurrency industry experienced unprecedented upheaval and turning points. From Trump's pro crypto policies at the beginning of his presidency, SEC Chairman Gary Gensler's departure, the signing of the GENIUS bill, and the continued popularity of the Bitcoin ETF, to the 10.11 plunge that created the highest single day sell-off in crypto history, the major events of this year have been rollercoaster like ups and downs. Trump - must be the most influential figure in the cryptocurrency market in 2025. The emergence of TRUMP coin marks the peak of FOMO in the market. The series of news about the imposition of tariffs triggered a sharp decline in the cryptocurrency market, and the signing of an executive order allowing retirement accounts to invest in cryptocurrency once again opened up an upward trend for Bitcoin, setting a new historical high. The regulatory environment has shifted from strict law enforcement to innovation friendly, and the United States has officially embarked on the vision of becoming a 'crypto capital'; The settlement of lawsuits on trading platforms, the influx of institutional funds, and the implementation of stablecoin frameworks have not only reshaped the global cryptocurrency landscape, but also injected strong confidence into the industry. BlockBeats' "2025 Crypto Event Review" has selected the most influential events of the year, documenting every key milestone from meme frenzy to regulatory loosening. Looking back at 2025, we see the encryption industry embarking on a comprehensive FOMO state. Although the market is gradually entering a "difficult" mode, it is also embracing a more mature and compliant future.