21Shares Launches TCAN ETF on Nasdaq, Providing Exposure to Canton Coin

Y Combinator startups can now opt for seed checks in stablecoins running on networks like Base, Solana, and Ethereum. This move aims to support founders in emerging markets and aligns with YC's push for blockchain-related startups.

Bitcoin has experienced a significant drop, falling over 15% in the past week to reach a 15-month low of $73,111 before partially rebounding to $74,744. This decline has also affected other cryptocurrencies like Ethereum and Solana, which have dropped even further.

Ark Invest increased its exposure to crypto assets like Coinbase, Circle, and BitMine Immersion Technologies following Bitcoin's price drop. The firm acquired millions worth of shares in Circle and BitMine, making them significant positions in its portfolio.

Galaxy Digital reported a $482 million loss in the fourth quarter due to a 22% decrease in its investment portfolio value. Despite this, the company still held $2.6 billion in cash and stablecoins, with $557 million in Bitcoin and $124 million in Ethereum.

Bitcoin has dropped significantly from its October all-time high, with predictions suggesting a potential further decline below $60,000 per coin due to various factors such as structural weakness and lack of catalysts. Historical data indicates a high probability of Bitcoin drifting towards the $58,000 mark.

Tom Lee believes the cryptocurrency market may have hit or is close to hitting a bottom, despite recent price drops. He mentioned that while crypto prices have suffered, the fundamentals have remained strong, with investor capital moving towards precious metals earlier this year.

Standard Chartered has adjusted its Solana price targets, lowering the year-end forecast to $250 but raising long-term projections to $2,000 by 2030. The bank predicts Solana will excel in micropayments and stablecoin transactions, moving away from meme coin dominance.

Payward, the parent company of Kraken, reported a 33% growth in adjusted revenue for 2025, with trading-based revenue making up 47% of the total. The company's adjusted Ebitda increased by 26% to $531 million, with a corporate structure separating consumer products from infrastructure operations.

Bitwise stated that the current crypto market resembles previous winter periods, indicating a potential end to the downturn. Crypto winters typically follow excessive speculation and leverage, lasting about a year. Despite recent price declines, positive developments like regulatory progress and institutional adoption may fuel recovery.

Allegations by Justin Sun's alleged ex-girlfriend, Zeng Ying, include market manipulation and insider trading claims against the Tron founder. She accuses Sun of manipulating TRX's market capitalization through Binance accounts and illegally smuggling himself out of China.