Day: January 10, 2026

WisdomTree scraps plan to launch XRP ETF in the US

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Key Takeaways WisdomTree has decided to end its bid to launch an XRP exchange-traded fund (ETF) in the US. The application withdrawal was made through a request filed to the Securities and Exchange Commission (SEC). Share this article WisdomTree submitted a filing to the SEC this week seeking to withdraw its application to launch the WisdomTree XRP Fund, an exchange-traded fund tied to the fourth-largest digital asset. The New York-based asset manager entered the US XRP ETF race in late 2024. Ahead of its SEC filing, the firm had already…

Anti-DeFi Group Runs Ads Aimed At Stripping DeFi From Crypto Bill

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A series of ads reportedly aired on Fox News, calling on the public to contact their senators to remove DeFi provisions from the CLARITY Act bill. An anti-decentralized finance group is reportedly running advertisements on Fox News encouraging the public to pressure their Senators into passing crypto market structure legislation that excludes DeFi provisions perceived to be threatening to the banking industry. According to two screenshots shared Friday on X by Crypto in America host Eleanor Terrett, the Investors For Transparency members wrote: “Tell Your Senator: Pass Crypto Legislation Without…

Here’s Why VanEck Says Bitcoin Could Reach $2.9 Million by 2050

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VanEck says Bitcoin could reach $2.9 million by 2050 if it captures a share of trade settlement and reserves. VanEck’s Head of Digital Assets Research Matthew Sigel said Bitcoin could reach a valuation of nearly $2.9 million by 2050 under the firm’s long-term base-case scenario. This projection is driven by BTC’s adoption as a settlement currency for 5% to 10% of global trade and its emergence as a reserve asset comprising 2.5% of central bank balance sheets. VanEck’s Bold Long-Term Call In a note detailing VanEck’s 25-year capital market…

A16z raises $15B Says Crypto is Crucial to Preserve US Dominance

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Crypto remains a key technology for maintaining America’s technological edge, according to a16z, which has raised another $15 billion to back American-aligned tech investments. Tech-focused venture capital firm Andreessen “a16z” Horowitz said it raised over $15 billion to invest in companies and technologies it sees as critical to secure America’s future and win the next century — and crypto remains a key part of that mission. In a post to X Friday, a16z co-founder Ben Horowitz, acknowledged that China and other competitors have caught up to the US in recent…

ETH, XRP, ADA, BNB, and HYPE

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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum started 2026 in the green, but buyers stopped it at the $3,340 resistance level. Despite this, as long as the price holds above the $3,000 support, buyers have the advantage. ЕТХ closed the second week in January with a modest 1% gain. While this is not much, it could be the beginning of a steady recovery that started in December when the price reclaimed $3,000. Looking ahead, the cryptocurrency has a real chance…

Stablecoin Card Adoption Will Take Off in 2026 Says Dragonfly

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An industry leader said stablecoin-powered cards are shaping up to be one of the biggest crypto themes of 2026, which seek to provide the benefits of blockchain while keeping the payment experience familiar for consumers. “This is one of the big themes of 2026: crypto becomes enmeshed more deeply into how payments flow through the global economy,“ Haseeb Qureshi, a managing partner at crypto-focused venture capital firm Dragonfly, posted to X Friday. “Stablecoin cards are growing like crazy, everywhere in the world,” the VC added after stablecoin startup Rain raised…