Letters Show FDIC Warned Banks Away From Crypto Services

Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, signaling a focus on digital assets regulation and innovation. The committee oversees the development of cryptos, financial technologies, and AI in financial services.

Analysts predict Bitcoin may surge to $200,000 in 2025, driven by U.S. inflation data and institutional capital flows. The upcoming release of the December Consumer Price Index (CPI) is crucial for understanding inflation trends and potential impacts on Federal Reserve policy.

DreamSmart and Up Network have collaborated to develop Web3 AI Smart Glasses, integrating AI agents for decentralized operations and tokenized incentives. The glasses, launching in Q1 2025, offer users a unique way to interact with blockchain and AI using natural language.

Analysts at JP Morgan predict that potential Solana and XRP ETFs could attract billions of dollars from investors, but they are expected to fall short of Bitcoin and Ethereum products. Despite this, asset managers like Grayscale and VanEck have filed for these crypto funds.

The Forgotten Runiverse game initiated the "Crash the Runiverse" event to stress-test servers for its upcoming global launch. Participants can earn Quanta, an in-game currency redeemable for XP and exclusive cosmetic armor sets.

Sotheby's is auctioning NBA Top Shot NFTs valued between $500 and $3,000, featuring highlights from players' first NBA games. The broader NFT market has seen a modest resurgence, with some projects gaining substantial value recently.

SEC Chair Gary Gensler emphasized Bitcoin's potential as a valuable asset, contrasting it with other cryptocurrencies that still need to prove their worth. Gensler's upcoming resignation raises questions about the future regulatory approach towards digital assets beyond Bitcoin.

Berachain's pre-launch liquidity platform "Boyco" on Ethereum has attracted an impressive $1.6 billion in deposits, potentially ranking it as the 10th largest blockchain by TVL. The largest Pendle market on Berachain, "liquidBeraBTC," has a TVL of $271 million across eight protocols, with withdrawals locked for 90 days post mainnet launch.

Dogecoin, Bitcoin, and XRP have rebounded on Tuesday after Monday's plunge due to concerns about high interest rates in 2025. Dogecoin surged by nearly 11%, reclaiming lost ground and reaching a seven-day high. XRP also soared to $2.66, up almost 9% on the day, amid optimism over potential XRP ETF approvals.

The developers of Farm Frens and Everseed have set a snapshot date for an upcoming airdrop linked to their token launch on Ethereum's Base layer-2 network in January. Players' in-game currency accumulation will determine their eligibility for a share of the airdrop.