钛媒体App 1月5日消息，加密货币概念股普涨，Coinbase Global, Inc.涨4.79%，IREN Ltd涨4.45%， Strategy涨4.38%，Hut 8 Mining Corp涨4.25%，Figure Technology Solutions涨2.66%，Circle Internet Corp. 涨1.52%。（科股宝播报） ...

Market Performance - The Dow Jones Industrial Average rose 0.7% in December, marking its eighth consecutive winning month, the longest streak since 2018 [1] - The S&P 500 slipped about 0.06% for the month, while the Nasdaq Composite finished down about 1% [1] - The final five trading sessions of December were downbeat, with the Nasdaq losing 1.6%, the S&P 500 retreating 1.3%, and the Dow Jones falling 1.4% [2] Seasonal Trends - Historically, stocks tend to rise during the final five trading days of the year and the first two sessions of the new year, a pattern now under threat [3] S&P 500 Performance - The S&P 500 rallied 24% in 2023, 23% in 2024, and 16% in 2025, resulting in an almost 80% gain over three years, marking the strongest return over a three-year win streak since 2019-2021 [4] - The S&P 500 has not posted four consecutive annual gains since the five-year run from 2003 to 2007 [5] Economic Indicators - The Federal Reserve has issued hawkish guidance for 2026, with a cooling U.S. labor market and persistent inflation [5] - Developed-market central banks are unlikely to cut rates at the beginning of 2026 [5] Sector Highlights - Overvaluation and payoff concerns are prevalent in the artificial intelligence sector, which has driven the market over the past three years [6] Notable ETFs and Stocks - Defiance Daily Target 2X Long RKLB ETF (RKLX) rose 115.4%, with Rocket Lab Corp (RKLB) gaining about 73% in December due to increased investor interest in the space economy [7] - ProShares Ultra Silver (AGQ) increased by 44.5%, driven by strong industrial demand and tight supply dynamics [8] - AST SpaceMobile Inc (ASTS) stock gained 27.7% in December, benefiting from the space investing boom [11] - Micron Technology Inc (MU) stock rose 19.2% after reporting better-than-expected fiscal results [12] - Coinbase Global Inc (COIN) shares fell 14.1% due to increased regulatory scrutiny and skepticism towards stablecoin revenue [13] Currency Impact - The U.S. dollar slumped about 4.2% in December, which is favorable for commodity prices as they are priced in U.S. dollars [10]

Core Viewpoint - Bitcoin reached a peak of $93,000 on Monday, leading to a surge in Bitcoin-related stocks [1] Group 1: Bitcoin Price Movement - Bitcoin's price hit $93,000, indicating strong market interest and potential bullish sentiment [1] Group 2: Stock Performance - Bitcoin-related stocks saw significant pre-market gains, with Strategy (MSTR.US) and Coinbase (COIN.US) rising nearly 4% [1] - Robinhood (HOOD.US) and Circle (CRCL.US) increased by over 1.8% [1] - Iren Ltd (IREN.US) experienced a rise of over 5.6% [1] - Mara Holdings (MARA.US) saw an increase of over 4.5% [1]

Core Viewpoint - Bitcoin briefly surpassed the $93,000 mark, leading to a pre-market surge in Bitcoin-related stocks [1] Group 1: Bitcoin Price Movement - Bitcoin reached a peak of $93,000 [1] Group 2: Stock Performance - Strategy (MSTR.US) and Coinbase (COIN.US) both increased by nearly 4% [1] - Robinhood (HOOD.US) and Circle (CRCL.US) saw gains of over 1.8% [1] - Iren Ltd (IREN.US) rose by more than 5.6% [1] - Mara Holdings (MARA.US) experienced an increase of over 4.5% [1]

Core Viewpoint - The U.S. risks losing its competitive advantage in the stablecoin market if it mishandles the debate over allowing rewards on dollar-pegged stablecoins, as highlighted by Coinbase's policy chief Faryar Shirzad [1][2]. Group 1: Legislative Context - The U.S. enacted the GENIUS ACT in July, which provides guidelines for stablecoin issuance and prohibits issuers from sharing profits with holders through interest payments [4]. - Banking groups are urging lawmakers to close loopholes in the GENIUS Act, citing concerns over deposit flight risks to community banks that could impact their lending capabilities [5]. Group 2: Competitive Landscape - The People's Bank of China announced it would start paying interest on digital yuan holdings, effective January 1, as part of its strategy to promote the adoption of its Central Bank Digital Currency (CBDC) [3]. - There are concerns that if the U.S. does not adapt its regulations, non-U.S. stablecoins and CBDCs could gain a significant competitive edge, particularly in light of China's interest rate on demand deposits being at 0.05% [2][3]. Group 3: Industry Reactions - The Blockchain Association argues that claims regarding stablecoin rewards harming community banks lack evidence and warns that changes to the GENIUS Act could undermine the regulatory certainty typically associated with Congressional actions [6]. - As negotiations for the Senate's market structure legislation progress, there is optimism from White House officials that the legislation will advance, despite previous delays [7].

Wall Street bank Goldman Sachs said it is “selectively constructive” on brokers and crypto companies heading into 2026, arguing that a resilient retail trading environment and continued regulatory progress should underpin growth. "We expect the meeting of traditional retail brokerage and crypto trading to continue in 2026, driving increasing competition, potentially impacting market share and product pricing," analysts led by James Yaro wrote in the Monday report. The bank upgraded crypto exchange Coinb ...

Coinbase (COIN) is pulling back some of its operations in Argentina, less than a year after formally entering the country’s crypto market. The U.S.-based exchange informed users via an email shared widely on social media that it will suspend the ability to buy or sell the USDC stablecoin using Argentine pesos, effective Jan. 31, 2026. After that deadline, traders will no longer be able to withdraw pesos to local banks or on-ramp with fiat. The company described the move as a “deliberate pause,” saying i ...

Core Insights - Cryptocurrency exchange Coinbase is temporarily halting its operations in Argentina to reassess and strengthen its market approach [2][3] - This decision follows less than a year after Coinbase's launch in Argentina, indicating a continuous evaluation of its product offerings [2] Company Strategy - Coinbase aims to return to the Argentine market with a stronger and more sustainable product offering, emphasizing its commitment to enhancing customer experience [2][3] - The company views Argentina as a strategically important market for crypto innovation and intends to maintain its mission of increasing economic freedom through blockchain technology [3] Industry Context - The cryptocurrency sector is transitioning from a phase of regulatory ambiguity to a more compliance-focused environment, which has significant operational implications for crypto companies [4] - The rising cost of doing business due to increased compliance requirements may lead to higher barriers to entry, potentially reducing the number of unreliable operators in the industry [5] Regulatory Developments - The House passed the Clarity Act in July, aimed at providing regulatory structure to the crypto market, although a companion measure is stalled in the Senate due to partisan differences [6]

Coinbase has pulled the plug on its operations in Argentina, less than a year after launching in the South American nation. The crypto exchange told its Argentine customers that it will end peso trading in the stablecoin USD Coin on January 31 as it “reevaluates” its offerings. But in further comments to the press, the firm referred to a wider “strategic retreat.” “Today we notified users in Argentina that, following a review of our local operations, we have made the decision to temporarily take a step ...

Core Insights - Coinbase Ventures identifies key growth trends in the cryptocurrency sector for 2026, focusing on real-world assets, advanced DeFi, prediction markets, and the integration of AI with blockchain technology [1][2] Group 1: Investment Trends - Venture funding in the cryptocurrency space surged to $4.65 billion in Q3 2025, marking the highest level since early 2023, indicating strong investor interest despite sideways trading in major cryptocurrencies [1] - The investment focus is shifting towards themes such as perpetual futures for real-world assets, advanced decentralized finance (DeFi) solutions, and the intersection of AI and blockchain [2] Group 2: Real-World Assets (RWAs) - RWAs allow trading on-chain exposure to traditional assets like US Treasuries and commodities, with tokenized Treasuries increasing from approximately $700 million to over $8 billion in two years as institutions seek on-chain yield [3] - Coinbase Ventures is emphasizing perpetual futures on RWAs, which act as perpetual bets on asset prices rather than direct ownership [3][4] Group 3: DeFi Innovations - Perpetuals are highlighted as essential components that integrate with lending protocols, enabling leveraged bets while collateral earns yield, akin to margin trading in traditional finance [5] - The focus on unsecured, credit-based lending aims to transition a portion of the trillion-dollar off-chain credit market onto the blockchain, moving away from overcollateralized loans towards models resembling real-world credit cards and business loans [5]