Daily Financial Insights: Cathie Wood Predicts Potential US Government Bitcoin Purchases, Ripple Gains FCA Authorization, and More Industry Updates
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Pump.fun Revamps Creator Fees Amid Surge in Token Launches Reaching Highest Daily Count Since September
Pump.fun says creator fees worked for organized project teams but had little impact on typical memecoin deployers.
Bitcoin Price Remains Steady at $90K as Traders Anticipate US Supreme Court Tariff Ruling
Bitcoin traders avoided taking positions amid sideways BTC price action, while markets waited for a decision on US trade tariffs by the Supreme Court.
Market Forecast for January 9: Price Predictions for Bitcoin, Ethereum, XRP, Binance Coin, Solana, Dogecoin, Cardano, Bitcoin Cash, Chainlink, and Hype Token
Buyers are attempting to defend the near-term support in Bitcoin and select major altcoins, but the bears have not given up and continue to exert pressure near the intraday range
a16z Predicts Next Phase of Crypto Will Move Beyond New Blockchains
Andreessen Horowitz’s crypto arm said prediction markets, verifiable computing and “staked media” will push crypto beyond blockchains in 2026.
UK Financial Conduct Authority Announces Anticipated Launch of Crypto Licensing Gateway in September 2026
The UK Financial Conduct Authority expects that its crypto licensing application period will open in September ahead of a new regime.
Rain Valuation Approaches $2 Billion Following $250 Million Series C Funding Round to Enhance Stablecoin Payment Solutions
Rain has raised $250 million in a Series C funding round, valuing the stablecoin payments firm at $1.95 billion.
Security expert Bruce Schneier asserts that governments are using AI for widespread surveillance and data collection
From PRISM to AI, mass surveillance has only grown more powerful. Bruce Schneier warns the post-Snowden world may be entering an even darker phase.
Ethereum Co-Founder Reaffirms Backing for Roman Storm, Emphasizing the Importance of Privacy
The Tornado Cash developer was found guilty of operating an unlicensed transmitter business in August and could still be retried on two counts on which a jury deadlocked.
BNY Introduces Innovative Tokenized Deposits as Traditional Finance Embraces Blockchain and Cryptocurrency
The service is available for institutional clients through an in-house permissioned blockchain, BNY said on Friday.
BNY Launches Innovative Tokenized Deposit Service to Enhance Payments and Collateral Management
BNY launched a tokenized deposit service on Jan. 9, enabling blockchain based payments and collateral for institutional clients.
Ripple Gains FCA Approval, Paving the Way for Growth in the UK Market
Ripple has secured approval from the UK’s top financial regulator, clearing the way for an expansion of its platform in the country.