Core Insights - Crypto Twitter anticipates a more selective, fundamentals-driven phase for the crypto market in 2026, contrasting with the speculative boom seen in 2022 [1][2] Group 1: Market Outlook - The consensus among analysts indicates a significant shift in sentiment from 2022, where investors expected Ethereum and altcoins to outperform Bitcoin, to a more cautious outlook for 2026 [2][3] - Despite Bitcoin's recent underperformance, it is still viewed as the primary outperformer heading into 2026, with ongoing confidence from Crypto Twitter [4][5] Group 2: Performance of Bitcoin - Bitcoin has lagged behind precious metals and stocks in 2025, with a year-to-date decline of 6.2%, raising concerns about potentially ending the year in the red [5] - Ongoing discussions include concerns about quantum computing posing structural risks to Bitcoin's cryptography, though opinions on the immediacy of these threats vary [6] Group 3: Real-World Assets (RWA) - Real-world assets and tokenization are identified as key growth areas for 2026, with steady growth in value and users despite market downturns [7] - Projections suggest that the RWA sector could see 10- to 20-fold growth in value and users by 2026, with the tokenization market expected to reach at least $100 billion by the end of that year [8] Group 4: Emerging Financial Products - Prediction markets and perpetual financial products are expected to increasingly "financialize everything," extending their reach to real-world events and pre-IPO instruments [9]

Core Insights - The venture firm Dragonfly asserts that Ethereum and Solana will coexist in the expanding market for tokenized assets, emphasizing that "you can't just have one blockchain" [1] - Tokenized assets have surged past $23 billion in 2025, marking a 260% increase in a year, highlighting the growing interest in real-world assets (RWAs) [2] - Ethereum currently dominates the market with an on-chain asset value of approximately $183.7 billion, while Solana holds around $15.9 billion, indicating Ethereum's position as the "Wall Street" of tokenization [3] Tokenization Market Dynamics - Tokenization transforms real-world assets like U.S. treasuries and real estate into digital receipts on a blockchain, enabling 24/7 trading [2] - Major institutions are increasingly focusing on where to allocate their investments in tokenized assets, with Ethereum hosting most stablecoins and institutional products [2] - Solana's low fees and high trading volumes make it appealing for high-speed trading activities, showcasing its unique advantages [2] Chain Specialization - The trend of applications moving between chains, such as Sorare transitioning from Ethereum to Solana, illustrates the need for different blockchains to cater to varying requirements [3] - The debate over which blockchain will dominate is less critical than understanding the strengths of each chain, as different chains will likely specialize in different areas [3] - Hadick suggests that no single blockchain can accommodate all tokenized assets, indicating a future where multiple chains coexist, similar to the payment networks of Visa and Mastercard [4]

pump.fun airdrop, pump token, pump price, pump buyback. Photo by BeInCrypto Canton Network price has surged sharply over recent weeks, capturing market attention with a near 40% weekly gain. The rally accelerated after Canton announced a strategic collaboration with The Depository Trust & Clearing Corporation earlier last week.  This development positioned CC at the center of institutional tokenization discussions, driving renewed investor interest. Canton Network and DTCC Join Hands DTCC and Canton Ne ...

Core Insights - Major cryptocurrencies are experiencing a decline as the holiday season approaches, with Bitcoin, Ether, and XRP all moving lower [1] - Kraken is expanding into tokenized assets through the acquisition of Backed Finance, aiming to enhance the adoption of tokenized equities and prediction markets in 2026 [2][3] Group 1: Tokenized Assets and Kraken's Strategy - Kraken has announced the acquisition of Backed Finance, which specializes in tokenization infrastructure, to facilitate the issuance of X stocks, which are permissionless tokens representing underlying equities [3][4] - The X stocks initiative aims to integrate the advantages of crypto trading into traditional equities, allowing for 24/7 trading and self-custody, which is currently limited in traditional markets [5][6] - Over 80,000 wallets are utilizing X stocks, with hundreds of millions of dollars in assets and $14 billion in volume traded on-chain, indicating strong initial success [6][7] Group 2: Market Trends and Predictions - There is a growing institutional demand for tokenized equities, driven by the inefficiencies of traditional banking infrastructure, which has not evolved significantly in over 50 years [8][9] - Tokenization is expected to enhance liquidity and trading capabilities in equities, with Kraken anticipating significant growth in this sector throughout 2026 [9][11] Group 3: Developments in Digital Payments - Kraken has introduced the Crack Card, a debit card offering crypto rewards, which is currently available in the UK and EU, with plans to launch in the US next year [20][24] - The Crack Card signifies a shift towards a more inclusive definition of money, allowing users to transact in various currencies, including cryptocurrencies and tokenized assets [21][23] Group 4: Future Outlook and Acquisitions - Kraken plans to continue investing in its platform and expanding its offerings, with expectations of more acquisitions and enhancements in 2026 [25][26] - The company is also looking to enter the prediction markets space, which has seen increased interest and activity, indicating a broader strategy to diversify its services [16][19]

Core Insights - The cryptocurrency market has faced challenges in the past year, but a broader perspective shows that Bitcoin has increased by approximately 26% since the day before the 2024 election, while the NASDAQ has risen by about 28% [2]. - Over a two-year period, Bitcoin's value has doubled, compared to a 50% increase in the NASDAQ [2]. - The long-term outlook for cryptocurrencies, particularly Bitcoin and Ethereum, remains positive, with expectations of continued momentum and adoption of tokenized assets [6]. Market Trends - The adoption of stablecoins is expected to grow significantly, with McKenzie reporting that 3% of all cross-border payments currently occur in stablecoins, up from virtually 0% a year ago, with a projected tenfold increase [6]. - Prediction markets are anticipated to grow tenfold as well, indicating a substantial market opportunity [8]. - Poly Market's trading volume has surged from $50 million per month in early 2024 to an expected $4 billion, with only about 35% of that volume related to sports betting [11]. Blockchain Ecosystem - Both Ethereum and Solana are seen as vital players in the blockchain space, with Ethereum currently hosting most stablecoins and economic activity, while Solana is recognized for its optimized transaction flow and lower costs [14][15]. - The belief is that multiple blockchains will coexist, as no single blockchain can scale sufficiently to handle all economic activity [16]. - New blockchain technologies, such as Monad, are emerging, aiming to compete with existing platforms like Solana [18]. Investment Focus - The investment strategy encompasses a wide range of sectors within the cryptocurrency ecosystem, including stablecoins, DeFi, and various tokenized assets [4]. - The company is not ideologically bound to any specific cryptocurrency but focuses on innovation and future financial market developments [5]. - There is a recognition of the potential for consolidation within the prediction market space, as it may merge with sports betting platforms [9].

Key Takeaways The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet. The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025. The industry welcomed the passage of stablecoin legislation, eased regulation, and the proliferation of new ways to buy in, but by many measures it has yet to reap the benefits. Des ...

Market Overview - Bitcoin has fallen to the $87,000 level, with Ether dropping nearly 3% below $3,000 and XRP losing around 2.5% to $189, despite a positive economic report [2][3] - The US economy expanded at a 4.3% pace in Q3, surpassing the 3.2% estimate, initially causing stock investors to reconsider the likelihood of a Federal Reserve rate cut [3] Company Developments - Coinbase has agreed to acquire a clearing company to enhance its capabilities in prediction markets, although the terms of the acquisition were not disclosed [4] - Coinbase recently launched several new products aimed at becoming a comprehensive financial services provider, including prediction markets [5] Legislative Updates - A bipartisan draft bill, the PAR Act, has been introduced to simplify the tax process for digital assets, proposing a capital gains tax exemption for regulated US dollar stable coin transactions under $200 [6] - The bill also allows taxpayers to defer recognition of staking and mining rewards until after they are received, addressing the need for modernized tax regulations in the digital asset space [6][7] Industry Advocacy - Senator Cynthia Lumis, a key advocate for the crypto industry, announced her retirement, prompting expressions of gratitude from industry members for her support in advancing crypto legislation [7][8] - Lumis has played a significant role in pushing for the passage of the Genius Back Stable Coin Act and is working on a crypto market structure bill [9] Institutional Adoption Insights - Caroline Fam, former CFTC acting chair, has joined Moonpay as chief legal officer and chief administrative officer, focusing on institutional adoption of crypto and regulatory clarity [10][11] - Fam emphasizes the importance of legislative guardrails for the crypto industry, particularly ahead of the midterm elections, and highlights the momentum in regulatory efforts [11][15] - The collaboration between the SEC and CFTC is expected to deepen, creating a comprehensive regulatory framework for both crypto and traditional markets [20][22] Future Outlook - The year 2026 is anticipated to be pivotal for institutional adoption of digital assets, driven by regulatory clarity and the integration of crypto into existing financial frameworks [30][33] - The establishment of rules for tokenized financial instruments and the use of digital assets as collateral in derivatives trading are seen as key developments to attract institutional investors [31][32]

分组1 - The discussion highlights key investment themes for 2026, focusing on AI, productivity, and the potential for a bubble in the market [2][3] - Meta is identified as a significant stock due to its heavy investment in AI, which is expected to enhance ad performance and engagement, positioning it for a potential rebound in 2026 [5][7] - Alphabet is noted for its strong performance, with a focus on AI-driven search and targeted ad revenue, bolstered by its acquisition of Intersect to enhance data center capacity [16][18] 分组2 - Meta's stock is currently trading at approximately 663.54, showing slight underperformance compared to the broader market year-to-date [13] - Alphabet has seen a 61% increase over the past year, significantly outperforming its peers, and is positioned for continued growth in AI and advertising [20][26] - Oracle is being considered for future investment due to its strategic exposure to AI and e-commerce, particularly through its partnership with TikTok, despite concerns over heavy AI spending [28][30] 分组3 - Technical analysis of Meta indicates a sideways movement with key support levels between 640 and 660, suggesting potential for a breakout [11][12] - Alphabet's stock is showing signs of a potential upward breakout, with moving averages indicating a bullish trend [23][24] - Oracle's stock has experienced volatility but remains above critical support levels, with an expected move of about 15% in the coming months [36][37]

Core Insights - Amplify ETFs has launched two new exchange-traded funds focused on digital finance infrastructure: the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ) [1][2] Group 1: Amplify Stablecoin Technology ETF (STBQ) - STBQ aims to provide targeted exposure to equities and digital assets that support the stablecoin ecosystem, which facilitates over $9 trillion in annual transaction volume [3] - The stablecoin market is projected to grow from approximately $300 billion today to over $3.7 trillion by 2030, driven by broader use cases in payments, trading, and settlement [4] - The fund seeks to track the MarketVector Stablecoin Technology Index (MVSTBQ) and may allocate 25% to 50% of its portfolio to crypto assets related to stablecoin and decentralized finance [5] Group 2: Amplify Tokenization Technology ETF (TKNQ) - TKNQ targets companies and digital assets involved in the tokenization of real-world assets, enabling fractional ownership and improved transparency [6] - Analysts estimate that the market for tokenized assets could expand from around $176 billion today to over $3.6 trillion by 2030, fueled by institutional adoption and regulatory advancements [7] - The fund aims to track the MarketVector Tokenization Technology Index (MVTKNQ) and may also allocate 25% to 50% of its portfolio to qualifying crypto-related assets [8] Group 3: Regulatory and Institutional Context - The launch of STBQ and TKNQ occurs amid increasing regulatory clarity for digital finance infrastructure, with evolving frameworks in the U.S. and Europe positioning stablecoins and tokenization as compliant elements of modern financial systems [9]

Company Overview - BeToken is the first Spanish company to tokenize 100% of its equity under European securities regulation [1][2] - BeToken is collaborating with Polygon to provide infrastructure for tokenization [1] Technology and Partnership - Polygon, an Ethereum-based blockchain ecosystem, is supporting BeToken [1][2] - Polygon is providing a robust and scalable infrastructure for BeToken's tokenization [1] Regulatory Compliance - BeToken's tokenization is compliant with European securities regulation [1][2]