The US stock market closed with the Nasdaq up 1.35%
At the close of the US stock market, the Dow Jones Industrial Average rose 0.3%, the Nasdaq rose 1.35%, and the S&P 500 index rose 0.72%.
At the close of the US stock market, the Dow Jones Industrial Average rose 0.3%, the Nasdaq rose 1.35%, and the S&P 500 index rose 0.72%.
[USDC Treasury Burns $50 Million USDC] Whale Alert data shows that USDC issuer USDC Treasury has burned 50,000,000 USDC on the Ethereum blockchain, valued at approximately $50 million.
[Galaxy Digital Predicts Bitcoin to Reach $250,000 by the End of 2027] Galaxy Digital predicts that Bitcoin will reach $250,000 by the end of 2027. According to its data, Bitcoin hit an all-time high of $126,080 on October 6, 2025, before experiencing a pullback. It is currently trading at around $87,000, below the approximately $94,000 level at the beginning of 2025. Galaxy Digital pointed out that the market in 2025 became unbalanced due to the macro environment, shifts in investment narratives, deleveraging, and significant sell-offs by whales. Despite short-term uncertainties, institutional adoption continues to grow. In addition, Galaxy Digital expects the market capitalization of Solana's on-chain internet capital markets to grow from $750 million to $2 billion by 2026. It also predicts that at least one general-purpose Layer 1 blockchain will integrate revenue-generating applications into the protocol layer to return value to native tokens.
[Coinbase Head of Research: Regulatory Clarity Drives Crypto Industry Transformation] On December 31, Coinbase Head of Investment Research David Duong stated that although cryptocurrency prices have been relatively flat recently, the crypto ecosystem is undergoing a period of transformation. Accelerated institutional adoption and diversification of investor structures are reshaping demand, and the potential of the crypto industry has yet to be fully realized. The evolution of the regulatory environment is one of the key factors driving the crypto industry’s transition from a niche market to an emerging pillar of global financial infrastructure. Global regulatory frameworks are becoming increasingly clear, with the U.S. focusing on stablecoin regulation and market structure clarification, and Europe advancing MiCA regulations. Institutions are adapting in areas such as strategy development, risk management, and compliance. Clearer policies are creating conditions for product innovation, market maturity, and the integration of crypto into payment and settlement systems, laying the foundation for institutional adoption.
OKX-BTC/USDT is currently trading at $87990.40, a decrease of 0.26% in 5 minutes. Please pay attention to market fluctuations.
[Polymarket data shows Hassett's probability of becoming Fed Chair drops to 44%] On December 31, Polymarket data showed that the probability of National Economic Council Director Hassett becoming the next Federal Reserve Chair dropped to 44%, the probability of Walsh being elected rose to 33%, and the probability of Waller being elected was 11%. U.S. President Trump previously stated that the Federal Reserve Chair nominee is expected to be announced in January.