News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Bitcoin is enjoying some fresh relief as inflation data paints a slightly rosier picture than risk-asset traders feared.
If approved, new Solana and XRP exchange-traded funds could bring in as much as $13.6 billion in fresh investment capital during their first six to 12 months, according to JPMorgan analysts.The analysts posited that the “next wave of cryptocurrency” ETFs will not be as meaningful as those launched for bitcoin and ether given what they perceive to be “far lower investor interest.”
JPMorgan estimated that XRP and Solana ETFs could attract net inflows of over $15 billion.
The German analyst said that Dogecoin (DOGE), HBAR, XLM, and Cardano (ADA) are set to experience a parabolic rally.
Standard Chartered’s Geoff Kendrick cautioned that a breach of bitcoin’s $90,000 support level could spark spot ETF unwinds.He noted that this potential retracement might deepen to the low $80,000s, driven further by macroeconomic selling pressures.
Whale Boosts Position to 7,292 ETH Despite Unrealized Losses
BTC's 2025 trajectory is still optimistic, while the $100,000 mark is a significant resistance before an upside price resume
Bitcoin’s price initially surged following Donald Trump’s election victory, buoyed by the prospect of his pro-crypto policies.However, macro headwinds have seen markets cool since mid-December, leading analysts at K33 to ponder if Trump’s inauguration is no longer a sell-the-news event.
- 11:53Metya launches its official payment card, Metya CardOdaily Planet Daily reports that, according to official sources, the AI-driven Web3 social dating platform Metya has officially launched its payment product, the Metya Card. This card is issued based on the Mastercard network, allowing users to purchase designated DePIN products or activate the card by staking $Met, and can be linked to platforms such as WeChat, Alipay, and the App Store. Metya is committed to building an on-chain social ecosystem that integrates chat, tipping, live streaming, points, and staking. The launch of this payment card marks a further extension of its efforts in DePIN and on-chain consumption, while also providing token holders with a channel to utilize their assets. The card has opened virtual card functionality at the Silver Card level, with Gold and Black Card privileges expected to be introduced in the future.
- 11:52Bessent: Powell Should Step Down from the Board When His Term as Fed Chair Ends in 2026According to a report by Jinse Finance, U.S. Treasury Secretary Bessent has suggested that Federal Reserve Chair Jerome Powell should step down from the Fed Board when his term as chair ends in May 2026. On Tuesday, Bessent stated, "By tradition, when the Fed Chair steps down, they also resign from the Board. There has been much discussion about a 'shadow Fed Chair,' suggesting that remaining on the Board before a formal nomination could cause confusion. I can say clearly that if a former Fed Chair continues to serve on the Board, it could be highly disruptive for the markets." Powell’s term as a Fed Board member does not expire until January 2028, which means that even after his chairmanship ends next May, he could remain at the Fed and participate in monetary policy decisions. Powell has repeatedly avoided responding to whether he will continue as a Board member. This silence complicates decision-making for President Trump and his aides as they consider changes to the Fed leadership next year. Bessent also noted, "The formal process for selecting the next Fed Chair has already begun, and there are many outstanding candidates both inside and outside the Fed."
- 11:44An Early Ethereum Whale Deposits 4,900.5 ETH to an ExchangeOdaily Planet Daily News According to Onchain Lens monitoring, an early Ethereum whale has deposited 4,900.5 ETH, worth $14.6 million, into an exchange. The whale's wallet currently holds 100 ETH.