Daily Update: Bitcoin Surges Above $94K, Crypto Mining Stocks Soar, Grayscale Distributes Staking Rewards to Ethereum ETF Investors, and More Highlights
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
NFT Paris Announces Last-Minute Cancellation of Upcoming Event Just One Month Before Scheduled Date
Although there were spikes of NFT trading activity in 2025, the market as a whole has failed to recover to its pandemic-era highs.
Company Initiates 2026 with Bold $116 Million Bitcoin Acquisition Amidst $17 Billion Q4 Paper Loss
Strategy bought 1,283 BTC for $116 million, lifting holdings above 673,000 BTC, while reporting a $17.4 billion unrealized Q4 loss in an SEC filing Monday.
Bitcoin Enters Strong Phase as Traders Intensify Debate Over $100K Price Target
Bitcoin’s structure has turned bullish, yet traders are split on whether $100,000 could mark a bull expansion or bear continuation.
Market Forecast for January 5: Predictions for SPX, DXY, Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Cardano, and Bitcoin Cash
Bitcoin and several major altcoins have continued their march higher, indicating improving investor sentiment and sustained demand from the bulls.
Trump-Endorsed American Bitcoin Surges 14%, Sparking Mining Stocks Rally
Mining stocks continue to trade as a high-beta play on bitcoin, even as many operators push to diversify revenue through AI.
Representative Torres Proposes Legislation to Limit Elected Officials' Participation in Prediction Markets After Controversial Maduro Wager
Rep. Ritchie Torres is moving to set firm limits on how elected officials — and others — engage with prediction markets.
Jupiter Launches JupUSD Stablecoin, Supported by 90% BlackRock and Ethena’s USDtb for Enhanced Financial Stability
JupUSD is an Ethena whitelabel stablecoin backed primarily by BlackRock's tokenized USD Institutional Digital Liquidity Fund.
Bitcoin Surges to $94,000 While Cryptocurrency Trading Volume Plummets to Lowest Level Since Late 2023
Bitcoin reached its highest levels in nearly a month as risk assets and precious metals headed higher on the US-Venezuela catalyst.
China's Financial Associations Redefine Risk Weight Assets as High-Risk: New Report Reveals Insights
Wu Blockchain reported the policy change listing Real-World Asset tokenization alongside stablecoins, ”air coins,” and crypto mining as illegal activities in China.
Grayscale Announces First Ethereum Staking Payout for Its US-Listed ETF
The cash distribution stems from staking rewards earned after the fund enabled Ethereum staking in October.
Grayscale Launches Staking Rewards for Ethereum ETF Investors in a Groundbreaking Development
Crypto asset manager Grayscale has begun distributing staking rewards to investors in its Ethereum staking exchange-traded fund.