Category: crypto

TD Cowen predicts that U.S. crypto market structure legislation will likely not pass until 2027, with full implementation by 2029. Democrats want strict conflict-of-interest rules involving President Trump, causing a deadlock. Lawmakers may focus on the CLARITY Act in 2026 as a narrower path to regulatory progress while broader issues are unresolved.

ChatGPT predicts Solana and XRP as potential winners in January, but warns against expecting a 10x return from a $100 investment in the short term. The analysis suggests modest near-term gains for both cryptocurrencies due to factors like ecosystem growth, technical upgrades, institutional interest, and relative strength against Bitcoin.

Global stocks, oil, Bitcoin, and gold rose despite U.S. military actions in Venezuela, as investors focused on earnings and policy support. The markets remained resilient, with U.S. indices reaching new highs and Asian markets also rallying. Analysts warned that further geopolitical escalation could affect investor sentiment.

Coinbase shares rose 8% after Goldman Sachs upgraded their rating to “buy.” The investment bank cited Coinbase’s focus on infrastructure-driven businesses as a key reason for the upgrade. Goldman also raised the 12-month price target for COIN. Coinbase has expanded its offerings and revenue, with expectations for continued growth despite challenges in the crypto space.

Venezuela-focused stablecoin neobank Kontigo plans to reimburse customers after a security breach resulted in over $340,000 in USDC being stolen from customer wallets. The firm detected unauthorized access affecting over 1000 users and is working with cybersecurity specialists to investigate. Kontigo will fully reimburse affected users and enhance security measures.

Seven major Chinese finance associations have declared RWA tokenization illegal, targeting both onshore and Hong Kong Web3 service chains. The move contrasts with Singapore’s RWA leadership and aligns with Beijing’s digital yuan push. The notice extends liability to overseas projects with mainland staff, effectively dismantling China’s domestic RWA/Web3 support stack.

Bitcoin is in a phase of consolidation with mixed demand indicators. Short-term momentum has stabilized but underlying demand remains uncertain. On-chain activity and profit/loss metrics are improving, while spot, futures, and ETF flows are moderately rising. Options activity remains subdued, signaling hesitation among investors for a strong move in either direction.

The cryptocurrency market is experiencing an early rotation phase with attention shifting from majors like Bitcoin and Ethereum to altcoins like Solana. New narratives like APEMARS, Sui, Hyperliquid, and Hedera are gaining traction, with a focus on gaming, derivatives, and political branding. Established networks are also maintaining core use cases.

Grayscale has made history by distributing Ethereum staking rewards to investors through its ETHE exchange-traded fund, making it the first U.S.-listed crypto issuer to do so. This move could accelerate the adoption of yield-bearing Ethereum ETFs in the U.S. market and integrate blockchain economics into regulated investment vehicles.

Bubblemaps refuted claims connecting a Polymarket bet on Maduro’s removal to a WLFI cofounder, stating that exchange timing and value matching alone do not prove wallet ownership. The firm identified other wallet matches based on the same assumptions and found no evidence linking the trader to WLFI.