Kategorie: Crypto Markets

• Cardano price was up 10% to above $0.38 as Bitcoin crossed $90,200.
• ADA is eyeing a potential breakout to $2.
• Bulls will look to ride key catalysts in 2026.

Cardano’s ADA token rose more than 10% to trade above $0.38, after buyers pushed the price back above the closely watched $0.35 level that analysts have long identified as a key support zone.

The move comes alongside a broader upswing in the cryptocurrency market.

Bitcoin advanced about 2% to trade above $90,000, providing a supportive backdrop for risk appetite across digital assets.

Major altcoins also recorded strong gains, with Ethereum climbing above $3,100 and XRP jumping to around $1.95, helping lift sentiment toward Cardano.

Elsewhere, memecoins led the day’s advances, posting double-digit increases as Pepe and Shiba Inu rallied sharply.

Hedera also traded higher, adding to the broader altcoin strength.

Cardano reclaims key $0.35 level

Strong buying activity has underpinned ADA’s recent advance, with more than $770 million worth of the token changing hands over the past 24 hours.

Trading volume was up about 34% on the day, pointing to renewed market participation.

Cardano’s price has now moved above its 50-day simple moving average, a level often watched for signs of shifting momentum.

On-chain data also shows improvement in decentralized finance activity, with total value locked on the Cardano network rising about 7% to roughly $231 million, according to DeFiLlama.

While the increase signals fresh inflows, TVL remains well below previous peaks of $544 million in August 2025 and more than $865 million in December 2024.

From a technical perspective, analysts note that ADA had been tightly compressed between the $0.35 and $0.38 levels in recent weeks, creating a fragile setup.

The push above $0.35 is seen as a potential break from that range and could undermine the prevailing bearish pattern if sustained.

If this latest upside momentum holds, short-term targets include $0.42, with potential rally to $0.50.

While risks like a drop below $0.34 persist, Cardano price could rally beyond $0.54 to see bulls eye 2025 highs of $0.73 hit in October. Above that lies the critical $1 level.

In the medium term, crypto analyst Javon Marks says ADA price could target $2.9 with a seven-fold upside potential.

Cardano regains top 10 market cap rank

Cardano extended gains on Thursday, rebounding after briefly slipping out of the top 10 cryptocurrencies by market capitalisation at the start of the year.

ADA has moved back above Bitcoin Cash, with the recovery above the $0.35 level helping restore its position among the largest digital assets.

The rally has lifted Cardano’s market capitalisation to about $13.6 billion.

The move comes alongside broader stability in the crypto market, with Bitcoin trading back above $90,200.

Strength across major altcoins has also supported sentiment, as Ethereum climbed to around $3,100 and XRP advanced about 5% to near $1.95, reinforcing the bullish tone around Cardano.

 

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• China will allow interest on digital yuan (e-CNY) holdings starting in 2026.
• US banks and crypto firms clash over enforcing the GENIUS Act ban.
• Coinbase executive warns stablecoin yield bans could weaken US global competitiveness.

China’s central bank, the People’s Bank of China (PBOC), announced earlier this week that it will allow commercial banks to pay interest on holdings of the digital yuan, also known as the e-CNY.

The new framework is scheduled to take effect on Jan. 1, 2026, and the PBOC Deputy Governor Lu Lei said the change will transform the e-CNY from a form of digital cash into what he described as a “digital deposit currency,” a shift designed to boost user adoption.

China has spent several years piloting the digital yuan across multiple cities and use cases, including retail payments and public services.

However, adoption has been slower than policymakers initially hoped.

Analysts say allowing interest payments could make the e-CNY more competitive with traditional bank deposits and private digital payment platforms, potentially accelerating its use domestically and, over time, in cross-border transactions.

In the United States, the debate centres on how the GENIUS Act’s prohibition on interest should be interpreted and enforced.

The law, which became effective in July, was designed to keep payment stablecoins focused on transactional use rather than savings or investment products.

Banking groups argue that allowing stablecoins to pay yield would blur the line between deposits and crypto assets, potentially threatening financial stability and drawing funds away from regulated banks.

Crypto industry groups strongly disagree.

In a Dec. 18 letter to lawmakers, the Blockchain Association and more than 125 industry participants urged Congress to resist expanding or aggressively enforcing the ban on stablecoin rewards.

The group said claims that stablecoin incentives pose a danger to community banks are not supported by evidence and warned that overly strict rules could push innovation offshore.

The American Bankers Association, in a separate letter sent the same day, called for a firm application of the GENIUS Act.

The group argued that some crypto firms are attempting to circumvent the spirit of the law by offering reward-like incentives that function similarly to interest, potentially undermining traditional banking activities.

Coinbase executive warns China could dethrone the US

A senior executive at Coinbase has warned that the United States could undermine its own position in the future of digital finance if lawmakers prohibit interest-bearing stablecoins, just as China moves to make its central bank digital currency (CBDC) more attractive by allowing it to pay interest.

Faryar Shirzad, Coinbase’s chief policy officer, said this week that restricting rewards on US-issued dollar stablecoins could hand a competitive edge to foreign rivals, particularly China.

Shirzad’s comments come amid growing debate in Washington over the implementation of the recently passed GENIUS Act, which bars US dollar payment stablecoins from paying interest or yield directly to users.

In a post on X, Shirzad argued that global competition over digital money is intensifying.

He pointed to China’s latest policy shift as evidence that incentives matter in driving adoption of new forms of money.

According to Shirzad, the US risks weakening the global role of the dollar if it limits the functionality of dollar-backed stablecoins while other jurisdictions move more aggressively.

Shirzad said the GENIUS Act was intended to ensure that US-regulated, dollar-backed stablecoins become the primary settlement tools in a tokenised global economy.

Mishandling the question of rewards, he warned, could give non-US stablecoins and CBDCs an advantage at a critical moment.

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• Bitwise filed for 11 crypto strategy ETFs with mixed direct and indirect exposure.
• The proposed ETFs target assets like TAO, TRX, UNI, ZEC, Aave, and other tokens.
• Bitwise remains bullish, citing ETF demand, institutions, and easing cycles.

Crypto asset manager Bitwise has taken another step toward expanding investors’ access to digital assets, filing applications with the US Securities and Exchange Commission (SEC) for 11 new cryptocurrency exchange-traded funds (ETFs).

According to regulatory filings submitted this week, the proposed products are structured as “crypto strategy” ETFs.

Unlike pure spot ETFs, each fund would combine direct exposure to a specific cryptocurrency with indirect exposure through other exchange-traded products and financial instruments.

Bitwise said that each ETF could allocate up to 60% of its assets directly into the underlying token, with the remaining portion invested in related exchange-traded products, derivatives, or other instruments designed to track the asset’s performance.

The filing also notes that the funds may use derivatives such as futures contracts and swap agreements, a structure that could allow for greater flexibility in managing exposure while operating within current regulatory constraints.

The 11 crypto ETFs targeted by Bitwise

The proposed crypto ETFs span a wide range of blockchain ecosystems and decentralised finance (DeFi) projects.

Assets named in the filing include Aave, Ethena (ENA), Hyperliquid (HYPE), NEAR, Starknet (STRK), Sui, Bittensor (TAO), Tron (TRX), Uniswap (UNI), Zcash (ZEC), and Canton (CC).

If approved, the lineup would give US investors ETF-based exposure to tokens tied to smart contract platforms, privacy-focused networks, and DeFi protocols, areas that have traditionally been harder to access through regulated investment vehicles.

The rising demand for crypto ETFs

Bitwise’s move comes amid growing demand for crypto-linked ETFs following the strong inflows into the XRP ETFs.

Those products marked a turning point for the industry, opening the door for traditional investors to gain exposure to digital assets through familiar market structures.

Building on that momentum, Bitwise has been active in rolling out new offerings.

The firm launched a spot Solana ETF in the US in October, followed by ETFs linked to XRP and Dogecoin.

It has also filed an S-1 registration statement for a spot Sui ETF and submitted an amended filing related to a Hyperliquid ETF, signalling continued efforts to broaden its crypto product suite.

Bitwise’s bullish outlook despite market volatility

The filings come after a volatile period for digital assets, with BTC and the broader crypto market experiencing weakness toward the end of last year.

But despite this, Bitwise executives have maintained a constructive long-term outlook.

Earlier this month, Bitwise Chief Investment Officer Matt Hougan said he expects Bitcoin to break from its traditional four-year market cycle and reach new all-time highs in 2026, citing factors such as the declining impact of bitcoin halving events, expectations of lower interest rates, and fewer leverage-driven market collapses.

Hougan has also suggested that institutional participation will continue to grow, supported by clearer regulation and the expanding availability of regulated investment products like ETFs.

He added that Bitcoin’s correlation with equities could decline over time, with crypto-specific drivers, such as regulatory progress and institutional inflows, helping to support digital assets even if traditional markets face pressure.

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• The price of TRON (TRX) traded above $0.28 amid an $18 million backing from Justin Sun.
• As top coins looked to bounce, TRX was showing resilience.
• The altcoin’s move is largely helped by Sun’s investment and broader market sentiment.

Tron Inc. announced that it has secured an $18 million strategic equity investment from Justin Sun, the founder of the TRON blockchain.

Sun’s investment was made through Black Anthem Limited, with shares purchased at $1.3775 per share.

Tron Inc., which also operates in custom merchandise for major entertainment venues through a subsidiary, has been aggressively building a blockchain-integrated treasury strategy.

In this case, the company may be eyeing proceeds from this investment for a fresh expansion.

What does the Sun investment mean for Tron Inc?

Purchases will position the digital asset treasury firm as one of the largest corporate holders of the cryptocurrency and the leading publicly traded entity aligned with the TRON network.

Rich Miller, chief executive officer of Tron Inc., described the investment as a “powerful endorsement” of the company’s strategy and long-term vision.

He emphasised that the capital will strengthen the balance sheet, enhance digital asset holdings, and support growth in areas such as global blockchain-based payments and Web3 infrastructure.

Sun’s continued backing of the TRON ecosystem is consistent with his broader push to support development across the blockchain network.

The latest investment builds on earlier initiatives by Tron Inc., including prior treasury expansions that have already positioned it as a notable participant in corporate adoption of TRX.

Market participants may interpret the move as a signal of confidence in the network’s growth trajectory, particularly as TRON seeks to strengthen its role in decentralized applications and stablecoin transfer activity.

TRON price: bulls hold $0.28

Despite volatility in the broader cryptocurrency market, TRX has maintained strong support around the $0.28 mark.

That’s where bulls hovered as of December 30, 2025, with a slight uptick to above $0.286.

Buyers saw a 24-hour trading volume of over $560 million. This stability reflects TRON’s robust network activity.

Key aspects include record user growth as Tron’s pivotal role in facilitating a substantial portion of global USDT transfers continues.

JUST IN: Tether has minted $1B $USDT on the #Tron Network.

In 2025, they minted $26B USDT on Tron. pic.twitter.com/KCzoZideuq

— SwanDesk (@SwanDesk) December 30, 2025

The blockchain’s high throughput and low-cost transactions continue to attract developers and users, contributing to TRX’s resilience.

Market observers suggest that the latest investment news could provide upward momentum, as it highlights institutional-level alignment with the ecosystem.

Short-term price action remains influenced by overall crypto sentiment.

However, the fundamental backing from Justin Sun may encourage accumulation among holders anticipating further ecosystem developments.

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