According to BlockBeats, analysts at JPMorgan have reiterated their forecast that the total market capitalization of stablecoins is expected to reach between $500 billion and $600 billion by 2028, rather than hitting the trillion-dollar mark. This year, the stablecoin market has grown by approximately $100 billion, surpassing a total market value of $300 billion. USDT has increased its supply by about $48 billion, while USDC has added approximately $34 billion, contributing significantly to the overall growth. The expansion of stablecoins continues to be driven primarily by activities within the crypto ecosystem. Most of the demand stems from using stablecoins as collateral for cash or cryptocurrency transactions, including derivatives, DeFi lending, and idle funds held by crypto-native companies such as venture capital funds.

According to PANews, Arkham's monitoring indicates that Bitmine has likely withdrawn $88.73 million worth of Ethereum (ETH) from FalconX using two new wallets. This acquisition aligns with Bitmine's previous purchasing patterns. It is suspected that Bitmine has acquired at least $229.31 million in ETH this week.

According to ChainCatcher, digital currency concept stocks in the A-share market have experienced a notable rise. Cuiwei Co., Ltd. reached the daily limit, while Winning Software saw an increase of nearly 10%. Other stocks such as Zhongke Jincai, Eastcompeace, Sifang Jingchuang, and Hengbao Co., Ltd. also surged.

Delphi Digital, in an article published on the X platform, stated that cryptocurrencies are no longer the only investment option. In this cycle, the market has exhibited localized excess returns due to sector rotation, rather than a general rise benefiting all assets. Currently, $35 billion is flowing into generative AI, with $2 billion flowing into robotics in a single quarter. Meanwhile, sectors like solar energy and bioengineering are also emerging as commercially viable growth sectors. For every dollar of new liquidity added, more investable assets compete for it. Within the cryptocurrency market, stocks have created a vampire effect, draining buying that was previously flowing into altcoins. Over the past two years, cryptocurrency stocks have outperformed most altcoins. Institutions are entering the market from various angles: ETFs, RWA, stablecoins, trading platforms, and enterprise blockchain launches. This increased competition further diversifies available capital. Future returns may resemble stock picking more than index investing.

According to ChainCatcher, Delphi Digital's latest report, "2026 Market Outlook," highlights a shift in the macroeconomic environment despite the current bearish sentiment in the crypto market. The report notes that global central banks have initiated a cycle of interest rate cuts, with the U.S. Federal Reserve ending its quantitative tightening. It is anticipated that by the end of 2026, the federal funds rate will fall below 3%, potentially increasing global liquidity. The report also emphasizes that the surge in gold prices indicates an accelerated trend of currency devaluation. Central banks purchased over 600 tons of gold in 2025 and are expected to continue acquiring gold at a rate of 70 tons per month in 2026. Additionally, the substantial U.S. fiscal deficit, ranging from $1.5 to $2 trillion annually, is straining market liquidity and exerting pressure on the U.S. Treasury market. Analysts suggest that as the liquidity environment improves, inflation-resistant assets like Bitcoin may benefit. However, the market is not expected to experience the same level of liquidity as seen during the "liquidity firehose" period of 2020-2021.

US President Donald Trump says that he has narrowed down his pick to replace Federal Reserve Chair Jerome Powell to three or four candidates. source: https://cointelegraph.com/news/donald-trump-fed-chair-pick-chris-waller-speculation-mounts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/angrycryptoshow/status/2001836399142535568

null source: https://x.com/angrycryptoshow/status/2001836067964817520

According to ChainCatcher, Arkham data reveals that at 09:46, a significant transfer of 23,302,000 ENA tokens occurred from an anonymous address starting with 0xF046 to FalconX. The transaction has drawn attention due to the substantial amount involved.

According to Cointelegraph, the ongoing discussion about the potential threat of quantum computing to Bitcoin has sparked concerns among crypto industry executives, impacting the cryptocurrency's price and capital flow. Adam Back, co-founder of Bitcoin infrastructure company Blockstream, expressed in a series of posts on X that while it is beneficial for Bitcoin to be prepared for quantum computing, the technology is not expected to pose a threat for several decades. He emphasized that quantum computing is still in its early stages, facing significant research and development challenges. Back predicts no immediate risks within the next ten years, asserting that even if parts of Bitcoin's encryption were compromised, its core security model does not rely solely on encryption, thus preventing theft on the network. Quantum computing remains a topic of debate within the crypto industry, with concerns that advanced computers could potentially break encryption, revealing user keys and exposing sensitive data. Nic Carter, a partner at venture capital firm Castle Island Ventures, responded to Back's comments, describing the situation as "extremely bearish" due to influential developers dismissing quantum risks. Carter highlighted a significant discrepancy between capital and developers, noting that while capital is actively seeking solutions, developers largely deny the existence of quantum risks. This denial, according to Carter, is already affecting Bitcoin's price. Craig Warmke, a fellow at the Bitcoin Policy Institute, concurred with Carter, stating that quantum risk is hindering capital flow into Bitcoin and prompting larger holders to diversify their investments. Warmke pointed out that non-technical individuals often express concerns using technically incorrect language, which can be frustrating when technical experts dismiss these concerns instead of addressing the issue of reduced holdings due to perceived quantum risks. Critics argue that traditional targets like banking giants will be vulnerable to quantum computing long before Bitcoin. Despite the technology being years away from posing a threat, Carter emphasized that companies and countries are investing heavily in developing quantum computers, with artificial intelligence accelerating this progress. Warmke suggested that the best approach, regardless of the risk's validity, is to reassure people that the risk is minimal and to establish contingency plans. He stressed the importance of developing and agreeing on contingency plans to ensure people feel secure in holding Bitcoin.

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Robinhood is just a retail distribution machine, while Coinbase aspires to be: retail distribution + commercial distribution + wallet/identity distribution.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2913, providing you with the latest and fastest news on the digital currency and blockchain industry.

Vaults are one of the concepts in the cryptocurrency world that everyone thinks they understand, mainly because they seem simple and easy to understand.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

"The future of finance is on Coinbase. All in one app," Coinbase states in just two short sentences, outlining its vision for 2026 and beyond.

Recommended reading tonight: 1. Looking Back at 2025: 18 Milestones in the Crypto Industry; 2. Ethereum Foundation: Ethereum State Evolution Path and Future Challenges; 3. Post-Election Prediction Markets: How to Re-accelerate in 2025;

Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of FTX founder Sam Bankman-Fried, has been quietly transferred out of federal prison after serving approximately 11 months of her two-year sentence, according to Business Insider.

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Ethereum has grown from a small, experimental network into a key component of the global infrastructure.