🔍 Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

Securitize nearly doubles yield generated to 20.71% on its bitcoin cash-and-carry trade using BlackRock’s BUIDL fund as collateral

Securitize nearly doubles yield generated to 20.71% on its bitcoin cash-and-carry trade using BlackRock’s BUIDL fund as collateral

Securitize Credit is partnering with digital asset trading firm QCP on a strategy incorporating the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) into Securitize’s yield-generating strategies.The partnership involves Securitize Credit entering into a basis trade with QCP, using the toke…

JPMorgan says EU’s MiCA regulation could boost euro stablecoins

JPMorgan says EU’s MiCA regulation could boost euro stablecoins

The European Union's landmark Markets in Crypto-Assets (MiCA) regulation, which came into effect on Dec. 30, 2024, could boost the market share of euro-pegged stablecoins, according to JPMorgan analysts.Currently, euro-pegged stablecoins hold just 0.12% of the stablecoin market share, but MiCA can i…

Rep. Bryan Steil to lead US House subcommittee on digital assets amid calls for clearer crypto rules

Rep. Bryan Steil to lead US House subcommittee on digital assets amid calls for clearer crypto rules

Rep. Bryan Steil, who previously criticized regulators' approach to crypto, has been picked to lead the U.S. House Financial Service Committee's digital asset panel. The Wisconsin Republican will lead the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence, according to …

The Daily: 24-hour crypto liquidations surpass $500 million, Thai police seize 1,000 Bitcoin miners and more

The Daily: 24-hour crypto liquidations surpass $500 million, Thai police seize 1,000 Bitcoin miners and more

Happy Thursday, folks! Prices might be falling, but the latest news is still worth its weight in crypto. Grab a coffee, get comfortable and dive into your daily dose.In today's newsletter, 24-hour crypto liquidations surpass half a billion dollars, Thai police seize almost 1,000 Bitcoin miners, U.S.…

Gemini onboards three more senior executives amid European regional expansion

Gemini onboards three more senior executives amid European regional expansion

Crypto exchange Gemini onboarded three more senior leaders to oversee the firm's European expansion in 2025. Gemini hired Mark Jennings to serve as its head of Europe, Daniel Slutzkin as head of UK and Vijay Selvam as international-focused general counsel, according to a press release on Thursday. J…

The Scoop: Rising political risks and renewed macro uncertainty soften crypto’s post-election surge

The Scoop: Rising political risks and renewed macro uncertainty soften crypto’s post-election surge

This column was co-written by Frank Chaparro, director of special projects at The Block, and Laura Vidiella of MNNC Group. The views expressed in this column are their own and do not reflect the opinions of their employers.Risk is reemerging in the crypto market. If you missed my interview with Milk…

The Daily: Bitcoin and ether prices slide amid macro fears, South Korea to phase out institutional crypto trading ban and more

The Daily: Bitcoin and ether prices slide amid macro fears, South Korea to phase out institutional crypto trading ban and more

Happy Wednesday! In today's newsletter, bitcoin and ether prices drop amid macro fears, South Korea plans to lift its institutional crypto trading ban, Movement Labs is reportedly closing in on $100 million in Series B funding and more.Meanwhile, outgoing SEC Chair Gary Gensler defends his crypto st…

Base in ‘exploratory phase’ of bringing COIN to the layer 2 for US citizens

Base in ‘exploratory phase’ of bringing COIN to the layer 2 for US citizens

Jesse Pollak, the head of Base and Coinbase Wallet, stated on social media that the team is "looking into" bringing COIN to the Coinbase-incubated layer 2 in 2025 — even though there are currently "no concrete plans.""We are in an exploratory phase and working to understand what needs to be unlocked…

Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges in Manhattan court following extradition: reports

Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges in Manhattan court following extradition: reports

Terraform Labs co-founder Do Kwon pleaded not guilty in a New York court, according to news reports, shortly after being extradited to the United States from Montenegro. Kwon appeared on Thursday in a Manhattan court to enter his plea and is next set to appear in court on Jan. 8, according to Reuter…

BlackRock’s BUIDL approved as backing token for Frax USD stablecoin

BlackRock’s BUIDL approved as backing token for Frax USD stablecoin

Securitize's proposal to make BlackRock’s BUIDL token the backing for Frax Finance’s USD stablecoin has received swift governance approval, paving the way for the launch of the frxUSD stablecoin, the company announced on Thursday. "FrxUSD combines the transparency and prog…

CryptoQuant sees an Ethereum price primed for growth amid increasing demand and onchain activity

CryptoQuant sees an Ethereum price primed for growth amid increasing demand and onchain activity

Ethereum's price could see substantial growth if the current supply-and-demand dynamics hold — driven by on-chain valuation metrics and a resurgence of investor interest in Ethereum-based financial products — according to analysts at CryptoQuant."Based on valuation metrics, Ethereum could be heading…

Step Finance aims to bring tokenized stocks, like Nvidia and Tesla, to Solana with latest acquisition

Step Finance aims to bring tokenized stocks, like Nvidia and Tesla, to Solana with latest acquisition

DeFi platform Step Finance has acquired early-stage startup Moose Capital, which specializes in tokenizing traditional stocks — aiming to allow users to buy and sell shares of companies like Nvidia and Tesla directly on the Solana blockchain.Step Finance is designed to serve as a portfolio managemen…