News & Research

Binance has announced it will delist 14 isolated and cross margin trading pairs at 6:00 a.m. UTC on Jan. 6. According to an official notice, the affected pairs include BCH/FDUSD, TAO/FDUSD, AVAX/FDUSD, LTC/FDUSD, SUI/FDUSD, ADA/FDUSD, and LINK/FDUSD.

Haseeb, a managing partner at Dragonfly, predicts that major tech companies are highly likely to launch their own cryptocurrency wallets next year, Cointelegraph reported. He also anticipates that Fortune 100 companies, particularly in the finance and fintech sectors, will build their own blockchains. Haseeb suggested these would likely be private chains connected to public blockchains, built on platforms such as Avalanche (AVAX) and Optimism (OP). He noted that firms like JPMorgan, Bank of America, Goldman Sachs, and IBM are already developing and testing their own chains. Haseeb added that it is highly probable one of the major tech firms, such as Google, Meta, or Apple, will either launch a crypto wallet or acquire a related company within the next year.

The market capitalization of tokenized stocks has reached an all-time high of $1.2 billion, Cointelegraph reported, citing data from Token Terminal.

The cryptocurrency industry is poised to enter a more stable, institution-focused phase, even if Bitcoin enters a bear market, according to financial services firm Cantor Fitzgerald. The firm noted that while the crypto market appears to be at the start of a downturn based on the four-year halving cycle theory, it does not anticipate the large-scale liquidations or structural failures seen in the past. Cantor Fitzgerald attributes this outlook to several factors, including the entry of institutional investors, growth in sectors like real-world asset (RWA) tokenization and decentralized exchanges (DEX), and fundamental market improvements driven by a changing U.S.-centric regulatory environment. The firm projected that even if prices do not rally next year, the period will be characterized by strengthening infrastructure and solidifying institutional adoption.

Approximately 30% of the 1.7 million addresses on the prediction market platform Polymarket have realized a profit, according to an analysis by blockchain analyst defioasis. The findings, posted on X, indicate that profits are heavily concentrated, with fewer than 0.04% of all addresses accounting for over 70% of total gains, amounting to $3.7 billion. While the majority of profitable addresses (63.5%) earned between $0 and $1,000, their collective earnings represented just 0.86% of all realized profits. An address earning over $1,000 placed in the top 4.9% of users. The analyst also noted that large-scale losses were uncommon, with just over 140 addresses losing more than $1 million.

The total value locked (TVL) in real-world asset (RWA) protocols has surpassed that of decentralized exchanges (DEXs), making it the fifth-largest category in decentralized finance, Cointelegraph reported. According to data from DeFiLlama, the TVL for RWAs currently stands at approximately $17 billion, a significant increase from $12 billion in the fourth quarter of last year. At the beginning of this year, RWAs were not ranked among the top 10 categories by TVL.

Investors holding over 1,000 BTC are leading the market's current buying pressure while small-scale investors are exiting, according to a Glassnode analysis reported by CoinDesk. Glassnode noted that these whales began accumulating in earnest after BTC formed a bottom near $80,000 in late November and have continued to buy even as the price trades below $90,000. Meanwhile, mega-whales holding more than 10,000 BTC, who bought aggressively in late November, have slowed their pace of accumulation but are not showing any significant selling activity. This behavior contrasts with the large-scale sell-offs seen when BTC previously reached the $100,000 level.

Cointelegraph has highlighted three key factors to watch in the Bitcoin market this week. These include the release of the U.S. Federal Open Market Committee's (FOMC) December meeting minutes, which may offer clues on future interest rate direction. Another point of focus is the expansion of bullish BTC bets by large-scale investors on Bitfinex. The outlet also noted that the current decline in BTC's price has been more gradual compared to previous market cycles.

Decentralized prediction market platform Opinion Labs announced that it has surpassed $10 billion in cumulative trading volume just 55 days after its launch. The platform's cumulative open interest has also exceeded $110 million. This figure ranks second only to Polymarket and is significantly above the industry average. For comparison, the open interest for other decentralized prediction markets such as Predict, Myriad, and Limitless stands at $10 million, $1 million, and $700,000, respectively.

The open interest for both BTC and ETH futures increased in December amid a sideways trend in the broader cryptocurrency market, according to an analysis by CryptoQuant contributor Crazzyblockk. The contributor noted that BTC open interest grew by $1 billion to $23 billion, while ETH open interest rose from $13 billion to $15 billion. The analysis added that across major exchanges like Binance, Bybit, and OKX, investors have maintained or expanded their positions rather than liquidating them, suggesting that they are still betting on a market recovery.