The Daily Update: Bitcoin Surges to $97K as Favorable Economic Conditions Emerge, Ripple Obtains Preliminary License for EU Payment Expansion, and Additional Highlights
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin Surges to New 2026 Record Above $97K as Data Indicates Potential for Further Price Increases
Bitcoin rallied to $97,500, and multiple data points suggest bulls are planning to push the price above $100,000. Is the bull market back?
Exploring the Discrepancy Between Ether's Price and Fundamentals: A Potential Investment Opportunity for 2026
Etherealize CEO Vivek Raman argues that ETH's lagging price masks strengthening fundamentals that could reshape how the token is valued in 2026.
Zcash Foundation Announces SEC Closure of 2023 Investigation into Privacy Coin Security
The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.
Sui Layer 1 Network Faces Extended Downtime as Developers Work Rapidly to Restore Operations
Sui core developers said the high-throughput Layer 1 is “currently experiencing a network stall,” in a post on X.
Zcash Foundation Announces SEC Concludes Extensive Investigation into the Organization
The SEC has closed a years-long probe into the Zcash Foundation, the nonprofit said in a blog post Wednesday.
Alpaca Achieves $1.15 Billion Valuation with $150 Million Series D Funding Round to Enhance Tokenization Infrastructure
Alpaca says it powers 94% of all tokenized U.S. equities and ETFs, working with leading RWA projects Dinari, Ondo Finance, and xStocks.
Dash Experiences 125% Price Surge Amid Growing Interest in Privacy Coins: Is the Rally Sustainable?
DASH price surged as capital rotated into privacy coins, with traders shifting away from Zcash after its governance turmoil.
Figure Technology Launches Innovative Blockchain Platform to Streamline Direct Stock Lending
The Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure.
Vitalik Buterin's Insights on Decentralized Stablecoins and Their Impact on the Future of DeFi
Vitalik Buterin argues DeFi still lacks resilient decentralized stablecoins, highlighting benchmark risk, oracle design flaws and staking-driven incentives.
Bitcoin Reaches 8-Week Peak Exceeding $97,000 as Short Positions Close and $100,000 Target Gains Momentum
Bitcoin has climbed to an eight-week high near $97,000 as this week's rally continues and speculators eye $100,000 in January.
Figure Launches Innovative Onchain Equity Network to Revolutionize Stock Trading and Lending
Figure’s OPEN platform is designed to handle issuance, settlement, and stock lending onchain, instead of replicating existing stock trading.