Coinbase’s 2026 outlook predicts cryptocurrencies will move from a niche speculative market into the core of global finance by 2026, describing the change as “extraordinary and transformative.” The report highlights expanding institutional adoption, growth in on‑chain settlement and tokenized assets, improvements in custody, compliance and payments infrastructure, and new revenue opportunities for exchanges and custodians. Coinbase expects increasing regulatory clarity to accelerate institutional flows, and forecasts that tokenization of real‑world assets and programmable money will reshape capital markets. The paper cites potential increases in on‑chain transaction volumes, settlement activity and assets under custody as key metrics to watch. While noting risks — regulatory uncertainty, macroeconomic shocks and technology or security failures — Coinbase frames the next three years as a pivotal adoption window that could materially expand crypto’s role in payments, capital markets and financial infrastructure. Primary keywords: Coinbase, crypto adoption, tokenization, institutional flows. Secondary/semantic keywords: on‑chain settlement, custody, regulatory clarity, programmable money.
The Crypto Fear & Greed Index ticked up from 20 to 23, signaling a modest improvement in investor sentiment while remaining in the “Extreme Fear” zone (0–25). The index aggregates volatility, market momentum/volume, social media, surveys, Bitcoin dominance and Google Trends. The recent rise reflects slight price stabilization and modest volume upticks, but analysts warn the index is often a lagging indicator that confirms reduced selling pressure rather than forecasting sustained rallies. In 2025, sentiment is shaped by macroeconomic uncertainty, evolving regulation in major jurisdictions and industry maturation that dampens retail-driven speculation. For traders, extreme fear typically means lower leverage, risk-off positioning and potential accumulation by long-term holders; it can present buying opportunities for long-horizon investors but should not be used as a standalone buy signal. Recommended actions: dollar-cost average (DCA) to accumulate at lower prices, reassess risk tolerance and combine the index with on-chain metrics, fundamentals and technical analysis because negative sentiment can persist. Key stats: index = 23 (Extreme Fear); component weights — volatility 25%, momentum/volume 25%, social media 15%, surveys 15%, Bitcoin dominance 10%, Google Trends 10%.
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Fear & Greed IndexMarket SentimentBitcoin DominanceTrader Risk ManagementCrypto Regulation
This article presents the second part of a framework explaining how liquidity and risk appetite drive cryptocurrency cycles within global asset rotation. It classifies assets by pricing mechanisms: global-priced assets (crypto, gold, major commodities) sensitive to dollar liquidity, real rates and global risk sentiment; locally-priced assets (equities) driven by country-specific structural factors; and jurisdiction-priced assets (sovereign bonds) tied to national fiscal/monetary credibility. The piece argues crypto reacts fast and transparently to liquidity shifts but depends more critically on shifts in global risk tolerance than on monetary easing alone. Practical steps for traders include mapping a panoramic global-asset view, identifying shared macro drivers, distinguishing pricing mechanisms, and locating each asset in the cycle to convert macro views into concrete asset-rotation decisions. Key trader takeaways: monitor dollar liquidity, real rates and risk-on/risk-off indicators; separate liquidity expansion from genuine increases in risk appetite; treat crypto as a late-cycle, high-beta liquidity expression rather than a pure store of value. The framework is positioned as a decision tool — not a prediction — and encourages applying live data and capital-flow signals to time rotations across crypto and traditional markets.
Bitmain committed 74,880 ETH (about $210 million, March 2025 prices) to Ethereum staking, representing roughly 2,340 validators and one of the largest institutional staking moves since The Merge. The accumulation took place over several months via multiple exchanges and private wallets, indicating coordinated, price-conscious buying and enterprise-grade staking infrastructure. At the same time, infrastructure provider Shapelink unstaked 35,627 ETH (≈$100 million) over a 48‑hour period, a planned treasury reallocation enabled by post‑Shanghai withdrawals. Onchainlens reported both moves. The contrasting transactions highlight institutional diversification into proof‑of‑stake validation, growing professionalization of staking operations, and improved liquidity for large stakers. Key implications for traders: increased institutional staking can reduce sell-side pressure and strengthen network security but may compress staking yields; large exits demonstrate available liquidity and potential for short-term supply adjustments. Regulatory, tax, and compliance considerations remain material for corporate stakers and can influence timing of on/off‑chain moves.
Cardano founder Charles Hoskinson says Web3-native platforms such as XRP and Cardano are outpacing legacy finance in tokenization efforts. Speaking after discussions around the Canton Network, Hoskinson argued traditional institutions are attempting to replicate systems already built for Web3 but at a much smaller scale. He cited real-world assets (RWA) tokenization as a transformative market opportunity, estimating it could be worth roughly $10 trillion. Hoskinson highlighted XRP’s large idle supply — he estimated over $100 billion of XRP currently yield-free — and proposed integrating XRP liquidity into Cardano DeFi to unlock dormant capital, boost yields, and increase Cardano’s TVL. He also mentioned Cardano’s privacy sidechain Midnight and emphasized interoperability and partnerships (not competition) with ecosystems like XRP to capture liquidity and institutional capital. Hoskinson believes purpose-built Web3 platforms have structural advantages over legacy finance in the tokenization race.
Nvidia structured a $20 billion agreement to license key assets and hire Groq’s senior leadership rather than execute a formal acquisition. Groq founder and CEO Jonathan Ross, president Sunny Madra, and other executives will join Nvidia while Groq remains an independent entity led by finance chief Simon Edwards. The deal is framed as a non-exclusive license and selective asset purchase, following a trend among major tech firms to secure AI talent and IP without triggering full merger reviews. Analysts say the move helps Nvidia both offensively — pulling inference technology in-house to deny rivals access — and defensively — reducing antitrust exposure and speeding deal closure. Market context: Nvidia (NVDA) has about $60.6 billion in cash and short-term investments (Q3 2025) and its stock rose modestly on the news; NVDA is up ~42% year-to-date. Key questions remain over who owns Groq’s LPU intellectual property and whether remaining Groq cloud operations could compete with Nvidia-licensed services. Further public commentary is expected at CES on Jan. 5 when CEO Jensen Huang speaks.
Bullish
NvidiaGroqAI chipsAntitrustMergers and acquisitions
The New York Fed reported $30.5 billion of failed settlements in 10‑year Treasury trades for the week ending Dec. 10 — the largest weekly delivery fails since 2017. The fails centered on the most recently issued 10‑year note from a $42 billion Nov. 12 auction. Lending rates on that note plunged into negative territory in repo markets, prompting near‑guaranteed settlement failures. Market participants attribute the stress to the Federal Reserve’s reduced reinvestment and balance sheet runoff: the Fed added only $6.5 billion of that auction to its System Open Market Account (SOMA), materially less than prior reopenings (Feb: $11.5B; May: $14.8B; Aug: $14.3B). Lower maturing SOMA volumes and caps on reinvestment reduced the Fed’s support for auctions, tightening available supply and exacerbating borrowing strains. A Dec. 15 reopening failed to alleviate scarcity. Treasury yields moved little after the holiday; the 10‑year yield was about 4.13% while the 2‑year fell to ~3.48%. Recent economic data (jobless claims and Q1 GDP growth) also influenced short‑end moves. Key takeaways for traders: large delivery fails signal acute scarcity in specific Treasuries, can drive volatility in repo and rates markets, and may widen cross‑asset stress — important for risk models, funding costs, and stablecoin/Treasury‑backed instrument exposures.
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US TreasuriesFederal ReserveDelivery failsRepo marketsInterest rates
Russian President Vladimir Putin said the United States has shown interest in using electricity from the Zaporizhzhia nuclear power plant for crypto mining and to supply power to Ukraine, according to reports citing Kommersant and Kyiv Post. The Zaporizhzhia plant — Europe’s largest nuclear facility — was captured by Russian forces in 2022 and has stopped normal power generation; all six reactors were shut down (five in cold shutdown, one in hot shutdown for safety). The International Atomic Energy Agency (IAEA) has warned the reactors cannot be restarted while the military conflict continues, citing precarious nuclear safety conditions. Discussions reportedly involve potential joint control between Russia and the US over the site, but practical and safety barriers make restarting the plant or dedicating its output to energy-intensive crypto mining highly uncertain. Bitcoin (BTC) was trading near $88,600 at the time of the report. Primary keywords: Zaporizhzhia, crypto mining, nuclear power, Putin, Bitcoin. Secondary/semantic keywords used: IAEA, reactors shut down, joint control, energy-intensive mining, electricity supply.
Bitcoin, Shiba Inu (SHIB) and Ethereum (ETH) are showing technical signs of stabilization that could precede larger moves. Bitcoin has consolidated above recent lows after a liquidation-driven sell-off; volume has normalized and price is compressing under moving-average resistance. If BTC holds the current base and breaks local resistance, a mechanical move toward $90,000 becomes more likely as sidelined capital and short-covering return. SHIB has transitioned from a steep downtrend to a prolonged narrow consolidation: volatility and selling pressure have eased, volume is subdued, and the token is trading near local support — a structure consistent with accumulation and a higher risk-reward for a breakout, though confirmation via rising volume is needed. ETH is squeezed between a rising trendline of higher lows and descending moving averages, with flattening MAs and better rebound follow-through suggesting bearish conviction is waning. Overall, the market appears to be shifting from panic to selective accumulation; volatility for ETH may spike once direction resolves. Key trading implications: watch BTC’s ability to hold the base and clear moving-average resistance toward $90K; monitor SHIB for a breakout with accompanying volume expansion; watch ETH for a volatility breakout from its wedge. Risk remains if consolidation breaks to the downside.
Bullish
BitcoinEthereumShiba InuPrice AnalysisMarket Outlook
China’s Shanghai Stock Exchange will allow commercial reusable-rocket companies to list on the STAR market without meeting standard profit or revenue thresholds, provided they demonstrate at least one successful orbital launch using reusable rocket technology. The rule change aims to speed capital access for firms developing reusable launch systems — notably private player LandSpace, which in December conducted China’s first full test placing a satellite into orbit with its Zhuque-3 reusable system but did not recover the first-stage booster. The policy shift is intended to help Chinese companies close the technological and strategic gap with the US, where SpaceX dominates reusable rockets with the Falcon 9. China is pursuing large satellite megaconstellations (state-backed Guowang up to 13,000 satellites; Qianfan around 15,000 planned) to rival Starlink (about 6,800 active satellites). The exchange previously eased rules for pre-profit innovative firms in June and now prioritizes companies taking on national missions. LandSpace has said it needs public capital to compete and may IPO in early 2026 after prior state funding; it plans a full recovery attempt of Zhuque-3 in mid-2026. The change will likely accelerate fundraising and development across state-owned and private Chinese space firms.
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China space policySTAR market IPOreusable rocketsLandSpacesatellite megaconstellations
Coins.ph has relaunched its mobile app as an all‑in‑one digital wallet combining everyday payments, bill settlement, bank and e‑wallet transfers, low‑cost international remittances and in‑app crypto trading. The platform — licensed by the Bangko Sentral ng Pilipinas as a virtual asset marketplace and mobile wallet — supports the national QR Ph standard with acceptance at over 600,000 merchants and near real‑time confirmation on more than 120 bill types. Coins.ph aims to reduce friction across multiple apps and speed fund movement across banking and e‑wallet ecosystems. The company is promoting PHPC, a peso‑backed stablecoin (pending regulatory approvals), for QRPh payments and exploring PHPC use on Circle’s Arc testnet for cross‑border remittances. Recent partnerships include Sky Mavis (PHPC for QRPh), FinFan (Philippines–Vietnam remittances) and BCRemit (stablecoin remittance corridors). Amira Alawi has been appointed Global Marketing Director to lead international expansion toward a larger global platform (Coins.xyz). For traders: the relaunch centralises on‑ramp/off‑ramp rails, increases fiat‑crypto utility in the Philippines and signals potential growth in PHPC stablecoin flows if regulators approve wider use — factors that could influence local crypto liquidity and stablecoin demand.
Weekly market analysis shows several altcoins forming higher highs and higher lows and trading above their moving averages, indicating resumed bullish momentum. Canton (CC) leads performance — trading at $0.09696 with a market cap of $3.54B and 7-day gain of 27.94% — having broken above and retested moving averages; resistance sits at $0.11 with an upside target near $0.15. Pippin (PIPPIN) trades at $0.5160, market cap $516M, 7-day gain 23.02%; pattern suggests potential rise toward $0.90 but prior rejections at $0.70 signal selling pressure. Audiera (BEAT) is uptrend-biased at $2.27 (market cap ~$365M, 7-day gain 20.19%) and remains above the 21-day SMA; a break below that SMA would increase downside risk. Midnight (NIGHT) is rebounding from a retracement, trading at $0.08075 (market cap ~$1.34B, 7-day gain 18.46%) with a potential return to $0.116. Sky (SKY) regained bullish momentum at $0.06808 (market cap ~$1.56B, 7-day gain 15.33%) and may test $0.070–$0.080. The report emphasizes moving-average support and resistance levels as key short-term drivers and includes the author’s disclaimer that the analysis is opinion and not investment advice.
Aave founder Stani Kulechov purchased roughly $15 million worth of AAVE tokens from the open market during a sensitive governance period that included debate over AIP-121 — a proposal to have the Aave DAO absorb and fund Aave Labs. Analytics firms flagged the purchase and community members raised concerns that a large founder holding could concentrate voting power and sway DAO decisions. Kulechov publicly confirmed the purchase but said he did not use those tokens to vote on AIP-121 or related measures, stressing his commitment to the protocol’s long-term health. Aave governance relies on token-weighted voting and has a distribution of voting power among many addresses, though large holders (whales) can exert outsized influence. Market reaction was limited: AAVE saw short-term volatility but stabilized, while core metrics such as TVL (~$12B across V2/V3) and protocol revenue remained strong. The episode highlights ongoing tensions as projects transition from founder-led teams to fully community governance and underscores possible governance innovations (time locks, reputation systems, transparency dashboards). Key implications for traders: monitor on-chain voting power concentration, governance announcements, and any follow-on proposals related to Aave Labs funding — these events can cause short-lived volatility even if fundamentals remain intact.
Bitcoin’s roughly 30% decline from its 2025 high has made tax‑loss harvesting a prominent strategy for crypto investors seeking to offset sizable stock market gains. With the S&P 500 up about 18% year‑to‑date, investors can sell depreciated Bitcoin positions to realize capital losses and immediately repurchase, because the IRS treats crypto as property and does not apply the 30‑day wash‑sale rule used for stocks. Losses may offset capital gains dollar‑for‑dollar and up to $3,000 of ordinary income annually, with excess losses carried forward. Experts cited include Robert Persichitte, CPA (Delagify Financial), Tom Geoghegan (Beacon Hill Private Wealth) and Cornell professor Will Cong, who note that the lack of wash‑sale restrictions accelerates execution and that recent entrants and a 30% autumn peak decline raise year‑end selling pressure. Key takeaways for traders: (1) tax‑loss harvesting can trim 2025 tax bills by offsetting equity gains; (2) immediate repurchase preserves market exposure; (3) act before year‑end and monitor forthcoming 1099‑DA reporting in 2026. Primary keywords: Bitcoin, tax‑loss harvesting, wash‑sale rule. Secondary/semantic keywords: capital losses, S&P 500 gains, IRS guidance, year‑end selling, tax planning.
APEMARS (APRZ) has launched its whitelist for a staged presale that the project markets as a narrative-driven opportunity combining utility mechanics (thermal burns, referral rewards) with community incentives. The presale’s Stage 1 price is cited at 0.00001699 with a projected listing price of 0.0055, yielding a theoretical ROI above 32,000% for earliest entrants; a $200 Stage 1 allocation would equate to roughly 11.78 million APRZ at that price. The article contrasts APEMARS with established Layer‑1s — Solana (SOL) and Sui (SUI) — noting Solana’s throughput and developer adoption and Sui’s growing cross‑chain integrations (e.g., Bitget Wallet). The piece is a sponsored press release emphasizing early‑entry advantages for traders seeking high-upside, low‑price altcoins under $0.40, while reminding readers that presales carry risk and are not financial advice. Primary keywords: APEMARS, presale whitelist, APRZ, altcoins under $0.40, Solana, Sui.
Bullish
APEMARSPresale/WhitelistAltcoins under $0.40SolanaSui
On-chain metrics show Bitcoin is in a high-risk regime as capital exits the market. CryptoQuant analysis of seven-day moving average (7dMA) net capital flow — realized profits minus realized losses — sits near -$160 million, indicating average daily net capital loss over the past week. Elevated coin movement (% Supply Active, last 180 days) is 31.79% (above its 30-day average and in the 80th historical percentile), up 14.4% year-over-year. The combination of negative 7dMA and rising supply activity suggests active distribution and loss-taking, not accumulation. Price action: BTC is trading around $88,700, capped below $90k with lost momentum after a correction from $120k–$125k earlier in the year. Technicals show BTC below a faster-moving average (now resistance) but above a longer-term rising MA that still provides structural support. Volume spiked on the sell-off from >$110k; the rebound to ~$88k has low participation. Key ranges: holding $86k–$90k preserves the bullish structure; failure to reclaim $95k–$100k keeps downside risk elevated. For traders: expect heightened volatility and potential further downside while 7dMA remains negative and supply activity stays high; reduced conviction implies rallies are likely to be sold and volume-driven sell events can accelerate losses.
Chainlink (LINK) has seen sustained exchange outflows and sizable on-chain accumulation that have tightened available supply and reduced near-term selling pressure. Since January, reserves on exchanges declined materially as several large wallets withdrew funds — including a single wallet removing over 329,000 LINK — while the Chainlink reserve added ~90,000 LINK, pushing total reserves above ~1.32M LINK. Exchange outflows recently exceeded 15M LINK, compressing liquid supply. Price has traded in a range (roughly $11.75 support to $14.65 resistance) and rebounded from a demand zone toward a descending-channel ceiling near $13.2–$13.5. Key upside targets to watch are $14.65, $16.66 (distribution pivot) and $20 (macro reclaim). On-chain and derivatives indicators point to buy-side absorption rather than leveraged chasing: 90-day spot taker CVD is positive, signalling persistent taker buy dominance; derivatives show larger short liquidations (~$59.5k on Dec 26) versus long liquidations (~$10.6k), implying sellers — not buyers — suffered forced exits. Futures taker CVD also supports buy-side activity. Analysts say downside risk remains contained while LINK holds above $11.75 and that a clean break above $14.65 could open a move toward $16.66, aided by tightening supply. Traders should monitor on-chain flows, exchange balances, taker CVD and key resistance levels for signs of a directional breakout or renewed selling pressure.
The crypto market pulled back during the U.S. trading session as traders awaited the largest options expiry of the year. Over $23 billion of Bitcoin options and more than $4 billion of Ethereum options — roughly $28 billion in total — are set to expire on Deribit. Bitcoin’s options show a put-call ratio of 0.38 (bullish skew) with major call concentration between $100,000–$116,000 and a maximum pain point at $96,000. Ether’s put-call ratio sits around 0.43–0.45, with strike concentration between $3,000–$3,100 and a maximum pain point at $3,000. Low holiday trading volumes may amplify volatility around the expiry. Technicals for BTC are pointing toward downside risk: a rising wedge, bearish pennant, and an approaching death cross (50- and 200-day WMAs narrowing). Analysts warn Bitcoin could retest the November low near $80,000, with a break below that level exposing $75,000. Short-term volatility is expected around the expiry; traders should monitor options gamma, strike concentrations, maximum pain levels, and thin holiday liquidity for potential rapid moves.
Ether ETFs in 2025 experienced notable growth spurts and sharp reversals, reflecting a maturing but volatile market. Following the launch and increased availability of spot ETH exchange-traded funds, inflows initially accelerated as institutional and retail investors sought regulated exposure to Ether. Periods of concentrated buying drove price appreciation and higher trading volumes, but these advances were frequently followed by swift profit-taking and outflows that produced abrupt price corrections. Market participants cited factors such as macroeconomic news, shifting risk sentiment, ETF creation/redemption dynamics, and concentrated trading in large blocks as drivers of the swings. Analysts noted that the ETF channel is deepening liquidity and improving price discovery for ETH, while also amplifying short-term volatility as funds aggregate demand and then adjust positions. For traders, the environment created both fresh liquidity-led trading opportunities and elevated tail risks around ETF flows, rebalancing dates, and major macro events. Key takeaways: (1) ETF flows can spark rapid upside moves but also trigger rapid reversals; (2) monitoring creation/redemption data and block trades is increasingly important; (3) volatility around ETFs may persist as the market integrates institutional participation and regulatory frameworks. The overall picture suggests a more mature market structure for Ether, with better access for investors but new dynamic risks for short-term traders.
Cardano and Solana have announced a collaboration aimed at improving cross-chain interoperability and unlocking significant value between the two ecosystems. The partnership focuses on technical and developer-level integration to facilitate asset transfers, shared tooling, and improved composability across both networks. While specifics on timelines, technical mechanisms, or governance arrangements remain limited, the announcement signals cooperation between two major layer-1 projects. Traders should note potential increases in on-chain activity, developer migration or joint projects, and heightened interest in SOL and ADA. Market-moving outcomes could include elevated trading volumes, short-term price volatility for SOL and ADA as news is priced in, and longer-term value accrual if the collaboration materially improves liquidity and cross-chain utility. Key points: Cardano and Solana collaboration announced; emphasis on cross-chain interoperability, tooling, and developer integration; limited technical details and timelines; likely effects include increased activity and volatility for SOL and ADA, with possible longer-term bullish implications if execution succeeds.
Silver has rallied to about $79/oz — roughly a 150% year-to-date gain — driven by tightening mine supply, strong industrial demand (notably solar-panel manufacturing), retail hoarding and the U.S. designating silver a “critical mineral” in 2025. Major markets for price discovery and access are London OTC physical trades (vaults held by banks such as HSBC and JPMorgan, ~27,187 tonnes reported), futures on COMEX (CME Group) and the Shanghai Futures Exchange, and large ETFs such as BlackRock’s iShares Silver Trust (around 529 million oz, ~USD 39bn). Retail investors primarily gain exposure via ETFs and trading apps; physical bars and coins are available but trade at premiums and move more slowly. Elevated futures open interest and ETF inflows have amplified liquidity and price moves, while miners’ stocks remain correlated but carry company-specific risks. Analysts caution the silver market is relatively small and highly volatile — prices can spike or reverse quickly — so traders should monitor supply reports, ETF flows, COMEX/SHFE open interest and physical vault inventories when positioning. Other precious metals have also posted strong gains, underscoring broad demand for safe-haven and industrial metals.
EU enforcement has turned large fines into a routine cost for major U.S. tech firms operating in Europe. Google now records “European Commission fines” as a regular expense, totalling $10.5 billion through Sept. 30, 2025. In 2024 EU regulators levied €3.8 billion in penalties on U.S. tech companies — exceeding €3.2 billion in income tax paid by listed European tech firms that year. Major penalties included Google’s €2.95 billion adtech ruling and a €4.34 billion Android fine; a December 2025 probe targets Google’s use of publisher and YouTube content to train AI. Under new EU regimes, the Digital Services Act (DSA) and Digital Markets Act (DMA) expand enforcement: X (Elon Musk) was fined €120 million under the DSA; Apple paid €500 million for blocking alternative payments; Meta paid €200 million for data use breaches. Seven gatekeepers are covered by DMA: Alphabet, Amazon, Apple, ByteDance, Microsoft, Meta and Booking.com. EU officials warn repeat breaches could trigger fines up to 20% of global turnover. The measures have drawn U.S. political pushback and threats of retaliation, potentially complicating regulatory risk for tech and adjacent markets.
Neutral
EU finesBig Tech regulationDigital Markets ActDigital Services ActRegulatory risk
As 2026 approaches, the article highlights three crypto picks for traders: Ethereum (ETH), Shiba Inu (SHIB) and new DeFi token Mutuum Finance (MUTM). ETH is presented as a large-cap, ecosystem backbone with slower price upside and resistance near $3,000 — a stability play. SHIB is framed as a community-driven meme asset struggling around $0.00001 due to a very large circulating supply, making sustained rallies reliant on renewed hype. The focus is on Mutuum Finance (MUTM), a lending/borrowing DeFi protocol whose presale price is $0.035 and has risen ~250% from Phase 1. MUTM has sold 825M tokens (out of 4B supply) with ~45.5% allocated to presale and $19.45M raised; Phase 6 is over 99% allocated. Official V1 launch is targeted for Sepolia testnet in Q4 2025 with core features (liquidity pools, mtTokens, debt tokens, automated liquidator) and initial assets ETH and USDT. Security steps include a CertiK token scan score of 90/100, an ongoing Halborn audit and a $50k bug bounty. The article contrasts a $500 position in SHIB (hype-dependent) vs MUTM (utility- and launch-driven), noting MUTM’s official launch price of $0.06 and analyst projections of 200–300% post-launch if adoption and exchange listings follow. The piece is a press release and advises readers to conduct their own due diligence.
Wintermute founder and CEO Evgeny Gaevoy announced the trading firm will vote against Aave’s token-alignment proposal, intensifying an ongoing governance rift within the AAVE DAO. Wintermute, an AAVE investor since 2022 with active governance participation (but no equity in Aave Labs), criticized the proposal for lacking clarity on structure, governance and outcomes, and for weak mechanisms for value capture. Gaevoy highlighted a growing expectation mismatch between Aave Labs and many AAVE tokenholders over who should capture value and how external functions (notably business development) should be handled. He described the vote as premature, urged de-escalation, and said reversing earlier fee-related decisions might have helped. Snapshot voting data shows the proposal facing strong opposition: about 55% against, ~41% abstain, and ~3.5% in favor as voting concludes on Dec. 26. The dispute traces to earlier conflict over diversion of swap fees that would have benefited Aave Labs rather than the DAO treasury. The alignment proposal seeks DAO control or accountability over brand assets (domains, social handles, naming rights). The article also notes Aave’s 2026 roadmap—Aave V4, Horizon, and the Aave App—aimed at scaling liquidity, institutional use, and consumer adoption. Key entities: Wintermute, Evgeny Gaevoy, Aave Labs, Stani Kulechov, AAVE DAO. Primary keywords: Aave, AAVE, token alignment, governance, Wintermute. Secondary keywords: value capture, Aave Labs, DAO vote, swap fees, Aave V4, Horizon.
Global mergers and acquisitions climbed about 50% in 2025 to roughly $4.5 trillion, driven by cheap financing, strong equity markets and lighter U.S. regulation. The year produced a record 68 megadeals (transactions above $10 billion), concentrated in media and transport—highlighted by bidding for Warner Bros. Discovery and the proposed Union Pacific–Norfolk Southern merger valuing the combined railroad near $250 billion. U.S.-involved transactions totaled about $2.3 trillion, the largest share since 1998. Investment banks earned an estimated $135 billion in fees. Private equity activity rose 25% to $889 billion, with notable buyouts including a $55 billion Electronic Arts take-private led by a major sovereign investor, though exits remained constrained. Overall deal count fell about 7%, signaling consolidation into fewer, larger transactions. A brief mid‑year pause followed tariff announcements, but dealflow recovered with two consecutive quarters above $1 trillion. For crypto traders: larger corporate M&A and elevated investment‑bank revenues can boost risk appetite and liquidity spillover into crypto markets, favoring higher-beta tokens during deal optimism; regulatory shifts in the U.S. are an important macro variable to watch for policy spillovers affecting crypto regulation and institutional participation.
On December 26, 2025, PowerBank Corporation and Smartlink AI launched Genesis-1, the first DeStarlink satellite that functions as a foundational node for an "Orbital Cloud" — a decentralized, space-based blockchain and AI inference network operating in Low-Earth Orbit (LEO). Genesis-1 is solar-powered and runs blockchain node verification and AI data processing autonomously, designed to provide censorship-resistant identity and transaction verification independent of terrestrial power grids and jurisdictions. The mission aims to create a verification layer resilient to regional internet shutdowns and political interference. The current satellite proves the technical viability of autonomous, solar-powered computation in space; PowerBank and Smartlink AI plan to expand the constellation through 2026 to deliver high-compute decentralized services to underserved or disrupted regions. The project positions space-based blockchain as a new layer of global infrastructure for verification and decentralized services.
Neutral
Orbit blockchainDeStarlinkSatellite nodesDecentralized infrastructureSpace-based AI
LiveBitcoinNews highlights ten crypto projects to watch in 2026 and promotes the APEMARS (APRZ) presale as a high-upside opportunity. APEMARS is staging a 23-phase presale; Stage 1 price is $0.00001699 with whitelist access open. The article projects a hypothetical listing price of $0.0055, implying a 32,271% return — e.g., a $2,000 Stage 1 buy would convert to roughly $647,440 at listing. The presale features weekly stage increases, token burns at stages 6, 12, 18 and 23, and whitelist perks (early pricing, notifications, community standing). The piece also briefly profiles established coins and platforms — Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Litecoin (LTC), Cardano (ADA), Tron (TRX), Stellar (XLM) and Bitcoin Cash (BCH) — emphasizing their market roles: BTC as store of value, ETH as smart-contract leader, SOL/AVAX for high throughput, and others for payments or niche use cases. The article is a paid promotional press release and includes a disclaimer that it is not investment advice.
Fundstrat research head Tom Lee told CNBC that Ethereum’s role as financial infrastructure—driven by institutional tokenization of real-world assets (RWA) and onchain settlement—could push Ether (ETH) to $7,000–$9,000 by early 2026 and potentially $20,000 over the longer term. Lee highlighted Wall Street initiatives at firms such as Robinhood and BlackRock as catalysts for tokenization. He also expressed bullish views on Bitcoin (BTC), calling it a store of value and suggesting a move toward $200,000 next year is plausible. Data cited shows tokenized RWA market value rose to about $18.9 billion in 2025, with US Treasuries (~$8.5B) and commodities (~$3.4B) leading. Ethereum hosts the majority of tokenized RWA—over $12 billion—and around $170 billion in stablecoins, maintaining its position as the primary settlement layer. Institutional moves such as the DTCC’s plan to tokenize part of US Treasuries on the Canton Network were noted as further support for onchain adoption.
Russia’s Roscosmos has postponed the maiden flight of the Soyuz‑5 medium‑lift rocket, originally targeted for late 2024 from the Baiterek complex at Baikonur. The delay is attributed to additional testing of onboard systems and ground infrastructure; Roscosmos says a new date will be set after tests and coordination with Kazakhstan. Longstanding international sanctions (since 2014 and intensified in 2022) have constrained access to specialized components and complicated development, contributing to timeline slippages. Recent operational issues — including damage to a Baikonur pad during a late‑November crewed launch and a Soyuz MS‑28 service module fairing failure — have led to temporary suspensions and extended repair schedules (repairs now projected to finish by February 2026). Roscosmos highlights that while some Soyuz 2.1a launches from Plesetsk and Vostochny remain successful, the Soyuz‑5 programme faces supply‑chain and integration challenges. Key points for traders: geopolitical sanctions continue to affect Russian aerospace supply chains; extended timelines increase uncertainty around Russia’s presence in commercial launch markets; disruptions to Baikonur operations could affect satellite deployment schedules and international collaborations. Monitor Roscosmos and Kazakh authorities for rescheduling, technical bulletins, and any further incidents that could impact related supply chains or market sentiment.