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Bitcoin could explode in 2026, according to traders. After the Fed rate cuts, bets focus on ambitious targets: $130,000, even $180,000.

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TL;DR: 21Shares' State of Crypto warns most Ethereum L2s may not survive past 2026 as user activity concentrates on a few dominant rollups. Base, Arbitrum and Optimism process nearly 90% of L2 transactions while smaller rollups see a 61% usage drop, evaporating liquidity and several shutdowns.

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Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital and author of the new book Solana Rising, joins CoinDesk Live from Solana Breakpoint in Abu Dhabi to lay out his prediction for the Solana ecosystem. He explains why Solana is poised to become a core layer for global tokenization, his belief that SOL will flip ETH in market cap, and how regulatory clarity (or lack thereof) in the U.S. will affect the next cycle.

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JPMorgan created the Solana-based USCP token to facilitate sales of short-term corporate debt, beginning with Galaxy.

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JPMorgan and Galaxy Digital launch a pioneering short-term debt issuance on Solana, expanding institutional on-chain access.

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TL;DR: The crypto market experienced over $400 million in leveraged position liquidations in just 24 hours. Ethereum (ETH) led the losses with $180 million liquidated, closely followed by Bitcoin (BTC) with $177 million. The catalyst was Bitcoin's rejection at the key resistance zone of $92,000–$93,000, forcing traders out.

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Ethereum (ETH) price has gradually signaled bullish sentiment in the last few days. As the fear of further crypto capitulation subsided in the recent past, the large-cap altcoin, with a fully diluted valuation of about $388 billion at press time, has recorded three consecutive weekly green candlesticks.

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dYdX launched Solana spot trading and opened access to U.S. users, offering zero fees in December as it expands beyond derivatives. dYdX launches Solana spot trading with zero fees for US users.

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J.P. Morgan enables commercial paper tokenization on Solana using Coinbase's platform, streamlining US debt issuance with blockchain. J.P. Morgan Pioneers US Commercial Paper Issuance on Solana via Coinbase Platform.

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Coinbase says millions of new on-chain assets should be accessible to all users, expanding Solana exposure through a simple in-app interface.

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The latest analysis circulating is that the Canadian fintech analysts are becoming increasingly bullish on XRP, pointing to a surge in real-world utility that could reshape the digital payments landscape. The financial institutions have continued to adopt blockchain-based settlement systems.

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Zcash (CRYPTO: ZEC) jumped 12% on Thursday, breaking above short-term resistance off the back of strong bullish momentum. Zcash Breaks Through Key Fibonacci Wall With EMAs Turning Higher ZEC Price Action (Source: TradingView) ZEC has retraced sharply from its $300 support base and is now testing the first major Fibonacci resistance cluster.

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JP Morgan Chase & Co (NYSE:JPM) has taken a major step towards blockchain adoption by issuing $50 million in U.S. commercial paper for Galaxy Digital directly on the Solana (CRYPTO: SOL) network.

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Ethereum's long-term trajectory has become a focal point again after Arthur Hayes laid out a sweeping forecast for the asset's institutional future, price potential, and competitive space.

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Galaxy's onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.

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The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

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Bitcoin is struggling to mount a sustained recovery as two critical sources of market liquidity, stablecoin inflows to exchanges and corporate treasury buying, show signs of exhaustion. The digital asset fell to the $88,000 range again earlier today after failing to sustain above the modest levels it managed to regain at $90,000.

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TL;DR Corporate Bitcoin purchases fell sharply in Q4 2025, down to 9 from 53 companies. Public companies and ETFs collectively hold over 11.7% of Bitcoin's total supply. Major firms like Strategy continue large acquisitions, while others pause or sell.

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dYdX, a decentralized crypto exchange, has officially opened its doors to U.S. traders with the launch of spot trading, initiating this expansion with Solana. As of December 2025, this move marks the first time American traders can directly engage with dYdX's platform, a significant step for the exchange as it navigates the complexities of U.S. regulatory frameworks.

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Institutions took a major step toward blockchain-native capital markets with J.P.Morgan arranging an onchain commercial paper issuance for Galaxy Digital on Solana. On December 11, 2025, J.P.Morgan revealed it had arranged a U.S. Commercial Paper (USCP) issuance for Galaxy Digital Holdings LP, an affiliate of Galaxy Inc., on the Solana public blockchain.

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On December 11, 2025, 21Shares introduced its groundbreaking XRP exchange-traded fund (ETF) under the ticker symbol TOXR on the CBOE exchange. This launch marks a significant milestone in the evolving cryptocurrency market, offering investors a novel approach to gaining exposure to XRP, one of the largest cryptocurrencies by market capitalization.

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XRP is going through the week under a renewed wave of speculation as two separate developments, a MoonPay purchase that revived a long-running community meme and the Cboe approval of a new spot ETF, pushed the token back into the spotlight. Related Reading: More Eurozone Countries Will Buy Bitcoin, Says Coinbase's Institutional Chief Together, these events have fueled debate about whether XRP is on the cusp of new institutional momentum or simply caught in another cycle of community-driven enthusiasm.

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Bitcoin dropped to $90K after the Fed's 25 bps cut, putting the 87K liquidity zone in focus.

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New reports reveal that XRP exchange balances have experienced an uncharacteristic decline in recent weeks, recording a brand new low since the cryptocurrency's launch in June 2012. While XRP's price action has posted notable losses this year, the decline in exchange-held tokens appears to be much greater.

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Ethereum has slid to the $3,250 structural level after $400M in liquidations, triggering a sharp post-FOMC sell-off.