Core Insights - The article discusses the recent performance and updates related to Ethereum (ETH-USD) and the iShares Ethereum ETF (ETHA) [1] Group 1: Company Overview - The author has a long-standing background in media research, focusing on cryptocurrencies, particularly Bitcoin and Ethereum, as well as related sectors like metals and media equities [1] - The article serves as a recap for Ethereum, indicating a continued interest in the cryptocurrency market [1] Group 2: Investment Position - The author holds a beneficial long position in Bitcoin (BTC-USD) and Ethereum (ETH-USD) through various financial instruments [2] - The article reflects the author's personal investment strategies and insights rather than professional investment advice [2]

Core Insights - The crypto market is transitioning from speculative narratives to structured economic systems, with 2026 expected to mark a significant shift as stablecoins and AI agents reshape investable value [2][3][7] Group 1: Market Transition - Hashed's Protocol Economy 2026 report highlights Asia as a key region for this transition, showcasing regulated stablecoin pilots and early AI agent deployments [3][6] - The firm emphasizes that the investable frontier is now based on structural layers where payments, credit, and settlement are integrated into programmable systems [4][6] - This shift is seen as a correction from the previous two years of excess liquidity that masked real usage within the crypto stack [5] Group 2: Investment Focus - Hashed identifies stablecoins, on-chain credit, and automation infrastructure as the primary categories for investment, indicating a trend towards sustained activity rather than speculative spikes [6][7] - The firm plans to concentrate capital on projects with real user engagement and on-chain activity, moving away from momentum-driven narratives [4][5] - AI is expected to play a crucial role in accelerating this transition by enabling programmatic transaction management and liquidity routing [7] Group 3: Market Movement - Bitcoin is currently trading around $92,000, having failed to maintain a rise towards $94,000, suggesting a consolidation within a low-liquidity range between $85,000 and $95,000 [8]

Cryptocurrency Market Overview - Leading cryptocurrencies experienced declines on Thursday despite key stock indexes rising, driven by expectations of interest rate cuts [1] - Bitcoin fell by 1.04% to $92,460.85, while Ethereum dropped 1.77% to $3,156.33, and XRP decreased by 4.30% to $2.10 [2] - The global cryptocurrency market capitalization decreased by 0.92% to $3.14 trillion [7] Trading Activity - Bitcoin's trading volume fell by 19% over the last 24 hours, indicating a loss of momentum in its recent rebound [3] - Ethereum faced resistance at $3,220, dropping to $3,070 before regaining some ground [3] - Cryptocurrency liquidations reached $266 million in the last 24 hours, with long liquidations accounting for nearly $80 million [5] Market Sentiment and Predictions - The cryptocurrency market is currently characterized by high fear and volatility, with predictions that Bitcoin's next significant expansion cycle may not occur until 2026 [6] - Analysts have identified key resistance levels for Bitcoin at approximately $92,000 and for Ethereum between $3,100 and $3,150, suggesting potential future price movements [10][11] Stock Market Performance - Shares of cryptocurrency-related companies, such as Strategy Inc. and Coinbase Global, saw declines of 1.26% and 1.04%, respectively [4] - Major stock indexes, including the S&P 500 and Nasdaq Composite, extended their gains, with the S&P 500 closing up 0.11% [8]

Core Viewpoint - AlphaTON Capital (ATON), a Nasdaq-listed entity, has submitted a shelf registration of $420.69 million to the SEC to expand its investments in the TON token, the Telegram mini app ecosystem, and the newly launched Cocoon AI network [1] Group 1: Financial Moves - The shelf registration amount is $420.69 million, indicating a significant capital raise for investment purposes [1] - AlphaTON has adjusted most of its balance sheet to focus on Toncoin and related staking positions, reflecting a strategic shift towards cryptocurrency investments [1] Group 2: Technological Investments - The company has deployed Nvidia B200 GPUs to support the Cocoon project, highlighting its commitment to leveraging advanced technology in its operations [1]

Core Insights - Stablecoins have the potential to enhance access to financial services for individuals, but they may pose risks to central banks and financial sovereignty according to the International Monetary Fund (IMF) [1][2] Group 1: Impact on Financial Sovereignty - The IMF identifies "currency substitution" as a risk associated with stablecoins, which could gradually erode the financial sovereignty of nations [1] - The use of foreign currency-denominated stablecoins, particularly in cross-border transactions, may undermine monetary sovereignty, especially with the presence of unhosted wallets [2][3] - A significant shift in economic activity away from a nation's currency could reduce a central bank's control over domestic liquidity and interest rates [3] Group 2: Competition with Central Bank Digital Currencies (CBDCs) - Foreign currency-denominated stablecoins could become entrenched in payment services, making it difficult for local alternatives like CBDCs to compete [4] - CBDCs are defined as digital forms of sovereign currency issued and managed by central banks, contrasting with privately issued stablecoins [4] Group 3: Current Market Dynamics - As of now, stablecoins denominated in U.S. dollars account for 97% of the $311 billion stablecoin market, with euro-denominated stablecoins valued at $675 million and those linked to the Japanese yen at $15 million [5] - The IMF notes that stablecoin adoption is increasing in regions such as Africa, the Middle East, Latin America, and the Caribbean, which may affect central banks' ability to influence monetary policy [4] Group 4: Recommendations for Safeguarding Monetary Sovereignty - To protect monetary sovereignty, the IMF recommends that countries establish frameworks to prevent digital assets from being recognized as official currency or legal tender [6]

The International Monetary Fund on Thursday released a new global assessment of the stablecoin market, warning that fragmented regulatory frameworks across countries are now creating structural “roadblocks” that threaten financial stability, weaken oversight, and slow the development of cross-border payments. In its report titled “Understanding Stablecoins,” the IMF reviewed how major economies, including the United States, the United Kingdom, the European Union, and Japan, regulate stablecoins and found ...

Key Points Sui is among the leading cryptocurrencies over the course of the past week, surging 6%. This move has come on increasing expectations of capital flows into this token via a number of listings over the past week. Let's dive into these key developments, and what they may mean for investors moving forward. 10 stocks we like better than Coinbase Global › Sui (CRYPTO: SUI) is a top-20 cryptocurrency by market capitalization, and I think it doesn't get the amount of time and attention it prob ...

The fourth quarter of 2025 has been tumultuous for the crypto industry, to say the least. The total crypto market cap has crashed from $4.28 trillion in early October to $3.15 trillion at press time. Bitcoin (BTC), which surpassed the $126,000 price mark to reach a new record high nearly two months ago, is struggling to stay afloat the $90,000 mark. Related: What is Bitcoin mining? Explained Crypto rout deepens as enforcement pressures rise The downturn has pushed several well-known firms like DappRadar ...

I just discovered how to pay near zero on taxes legally using Bitcoin mining. And this is all public information in the United States tax code. How the wealthy avoid taxes legally and why Bitcoin mining is the newest loophole.So this is legal. This is something that the wealthy have known about for a very very long time. But because of Bitcoin mining, and we'll talk about Musk miners in a second, we can use the average person like you, like me, can use something in the United States tax code depreciation.An ...

Deutsche Börse Group (DBG) and Kraken announced on Thursday that they are combining forces, signaling a clear acceleration of institutional cryptocurrency adoption in the Eurozone. “This partnership is the clearest signal yet that institutional adoption is accelerating, and that Europe intends to compete on equal footing with Wall Street as this transformation moves from millions to billions,” Gurpreet Oberoi, Kraken Head of Institutional, told Coindesk. “Institutions across Europe aren’t just experiment ...