Here is a 2-minute breakdown of everything important that happened in crypto today.
Bitcoin’s relationship with $100K is getting complicated.
A few times within the past few months, Bitcoin crossed $100K, pulled back, and then crossed that mark again. Even with Trump’s inauguration just days away, Bitcoin seems hesitant to commit to six figures.
Meanwhile, inflation numbers just came in lower than anyone expected – the kind of news that usually sends Bitcoin soaring. But this time? A modest bump.
Some analysts suggest this might be healthy. Others see it as a warning sign. Either way, something’s clearly holding Bitcoin back.
Let’s make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
- HashKey predicts Bitcoin at $300K with $3 trillion in fresh capital flowing into crypto. But haven’t we heard these wild predictions before? What makes HashKey’s survey of 50,000 traders any different? 🤔
- Litecoin pumps 15% after Canary Capital updates its ETF filing with specific custody details. Are these updates really signaling approval, or is the market jumping to conclusions? 🚀
- Bloomberg Intelligence suggests Solana ETFs might need to wait until 2026. But if Trump’s administration is pro-crypto, why would it take that long? 🤷♂️
- Coinbase partners with Morpho Labs for Bitcoin-backed loans on Base, offering up to $100K with no credit checks. With so many lending platforms already out there, what makes this one special? 💰
- Trump’s Treasury pick Scott Bessent criticizes CBDCs during Senate hearing, suggesting a crypto-friendly stance. But with 134 countries exploring CBDCs, can one Treasury Secretary really change the game? 🎯
Let’s dive in!
HashKey just shared their annual market forecast.
The Hong Kong-based digital asset firm surveyed 50,000 community members, and half of them are seeing Bitcoin triple from its current price – we’re talking about $300,000 in Bitcoin territory.
Want to know what’s behind these massive predictions and how realistic they actually are? Read the full story!
Litecoin just shot up 15% in a single day.
What’s going on?
Canary Capital just updated their paperwork with the SEC for a Litecoin ETF, and crypto analysts are calling it a big deal. The updates weren’t random tweaks – they were specific changes addressing custody arrangements with Coinbase and BitGo.
This is particularly interesting because we’ve seen this pattern before. Remember those last-minute document updates right before the Bitcoin ETF approvals? Canary’s moves follow a similar playbook.
So is Litecoin really next in line for an ETF? Read the full story!
Bloomberg Intelligence just dropped some sobering news about Solana ETFs – they might not see daylight until 2026, even with a crypto-friendly White House in charge.
The reason? It’s not just about the usual regulatory delays. There’s a fascinating conflict brewing inside the SEC itself.
While one division is busy calling Solana a security in ongoing lawsuits, another division would need to analyze it as a commodity for ETF approval.
What does this mean for Solana’s future and why some analysts are still optimistic despite the delays? Read the full story!
Coinbase is bringing back Bitcoin-backed loans with an interesting twist – they’re partnering with Morpho Labs to offer up to $100,000 in USDC loans against your Bitcoin holdings.
The loans are happening entirely on Base, Coinbase’s Ethereum Layer-2 network, and there’s something particularly interesting about the setup: no credit checks, no Coinbase fees, and flexible repayment terms.
Want to know how this compares to traditional Bitcoin lending services and what it means for long-term holders? Read the full story!
Trump’s Treasury pick Scott Bessent just made waves during his Senate nomination hearing – and it’s looking good for crypto enthusiasts.
Bessent took a clear stance against CBDCs, saying they’re more suited for “countries who have no other investment alternatives.” That’s a strong position, especially considering 134 countries are currently exploring digital currencies.
His crypto-friendly approach isn’t new. Back in July, he expressed excitement about the potential presidential embrace of crypto. The Cedar Innovation Foundation is particularly thrilled, seeing Bessent as someone who could shape a pro-innovation regulatory framework.
Want to know what this could mean for crypto regulations and how it might affect the market? Read the full story!
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