According to a statement made by cryptocurrency exchange Coinbase, the exchange's futures arm is listing Aerodrome Finance (AERO), Beam (BEAM), and Drift (DRIFT). *This is not investment advice. Continue Reading: BREAKING: Coinbase Futures Announces It Will List 3 New Altcoins
CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations. According to an announcement CleanSpark shared on Jan. 9, its Bitcoin ( BTC ) treasury reached 10,097 BTC, all mined through its own activities. The milestone came a day after the company revealed it had mined 668 BTC in December 2024. The company’s Bitcoin treasury as of the end of last year stood at 9,952 BTC. Read more: CleanSpark mined 668 Bitcoin in December, holds 9952 BTC “Surpassing the 10,000-bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth, and disciplined capital management,” said Zach Bradford, chief executive officer and president of CleanSpark. The milestone is a result of the miner’s dedication and unwavering focus on efficiency and responsibility. CleanSpark has seen a 236% year-over-year increase in its BTC holdings. “Every bitcoin in our treasury has been mined in the United States, supported by American energy and jobs—underscoring our dedication to sustainable growth and innovation in the global bitcoin ecosystem,” the CleanSpark chief executive added. CleanSpark mined its first BTC in December 2021. Growth has come amid diversification of the company’s mining portfolio, with acquisitions and other expansion efforts key to this. The company’s acquisition of GRIID Infrastructure and seven new facilities in Knoxville , Tennessee, align with this trajectory. Bitcoin’s recent price gains, with the cryptocurrency hitting all-time highs above $108,000, have also boosted the market for miners. As of 10:54 ET on Jan. 9, 2025, BTC was trading around $94,287. You might also like: Bitcoin, crypto prices throttled by macro headwinds: QCP
Ethereum’s exchange reserves have reached 8.06 million ETH, marking the highest levels seen in a week amid an uptick in selling pressure. This dramatic situation is compounded by significant net
Nansen has partnered with the TON Blockchain to provide enhanced analytics tools aimed at offering greater transparency and actionable insights for developers, investors, and the broader crypto community. This collaboration introduces Nansen’s Query and Growth Dashboards, which offer data on transaction volumes, user activity, and ecosystem trends, according to a release shared with crypto.news. The integration will roll out in phases, starting with foundational tools and later expanding to more advanced analytics. The TON ( TON ) Blockchain, initially developed by Telegram , is a Layer 1 network recognized for its scalability and integration with decentralized applications. Its user base has seen significant growth, with active addresses increasing from under 30,000 in January 2024 to over 2.5 million by September 2024, according to the release. The network has demonstrated its capacity to handle high activity levels, processing up to 5.18 million daily transactions at its peak. You might also like: Circle donates $1m in USDC to Trump inaugural committee More on-chain data tools Blockchain analytics platforms like Nansen track on-chain data to help users identify patterns, monitor transactions, and understand asset movements within a network. By integrating with TON, Nansen aims to provide developers and investors with these tools to support data-driven decisions and promote ecosystem growth. Future updates will include advanced features like Smart Alerts and Wallet Profilers, offering users deeper insights into the TON ecosystem. The move aligns with TON’s broader mission to drive Web3 adoption through partnerships with centralized exchanges like Binance and expanding applications in areas such as NFTs. Nansen’s involvement is expected to further enhance transparency and innovation across the network. In October 2024, Nansen announced a similar integration with Solana to offer advanced token and wallet tracking tools for analyzing the Solana ecosystem. You might also like: Crypto under MiCA: What’s changing and what it means for investors and companies
Will crypto-focused company be added to S&P 500 index in 2025?
Coinbase Perp to List Aerodrome AERO ————— 💰Coin: AERO ( $AERO ) $1.22 ————— NFA.
Solana’s is going through a rough patch right now. The SOL token has taken another hit, falling 5% in the past 24 hours to $190. But there’s still one bright spot in the Solana ecosystem. Solaxy, a new Layer-2 project, is generating serious buzz – with the project’s ICO pulling in over $9 million from
Ethereum exchange reserves have surged to 8.06M ETH, which is the highest level in a week.
In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets. Then, Miguel Kudry from L1 Advisors shares his insights on the topic in Ask and Expert. – Sarah Morton You’re reading Crypto for Advisors , CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday. 2025 Outlook for Crypto Adoption: Building Bridges to the Mainstream The crypto industry is entering 2025 with a renewed sense of purpose. Over the past year, the sector has witnessed key developments that signal crypto’s increasing integration into traditional finance (TradFi) and broader adoption of crypto assets, especially bitcoin. However, the road ahead will test the resilience of this growing ecosystem. As we assess the outlook for 2025, several factors emerge as critical to shaping the adoption trajectory: regulatory clarity, institutional participation, and technological innovation. 1. Regulatory Clarity: Turning Uncertainty Into Institutional Guidelines As I've briefly discussed on my CoinDesk podcast about election night results and the price action around it, regulatory clarity is emerging as a pivotal factor for crypto adoption. The market has already started pricing in the expectation that newly elected officials will bring long-awaited structure to the digital asset ecosystem. We will see some of those expectations starting to play out this year. Key areas where we are likely to see more clarity include: a) Definition and classification of digital assets: The U.S. is expected to refine how digital assets are classified - whether as securities, commodities, or some combination. This clarity will directly impact how tokens are issued, traded, regulated, and taxed. b) Stablecoins: These are likely to be a major focus for regulators due to their transformative real-world use cases and potential impact on financial stability. c) Taxation of crypto transactions: Recent changes have already been made, and we will likely see clearer tax reporting requirements for digital assets, various associated activities, and various industry players. Additional topics such as tokenization—including real-world assets—custodial and non-custodial wallets, regulated trading venues, decentralized finance (DeFi), anti-money laundering (AML) and know your customer (KYC) compliance, and consumer protections will also be actively discussed and potentially acted upon. 2. Institutional Participation: ETFs as a Catalyst In 2024, crypto ETFs experienced explosive growth, with billions in net inflows and notable launches. With new products, crypto ETFs now represent a rapidly expanding financial market segment, attracting significant investor interest and outperforming traditional funds. We will likely see a variety of adjacent products. For 2025, growing inflows and high volumes in BTC and ETH ETFs will likely continue to validate crypto as an asset class and streamline access for retail and institutional investors. This will open the path for other single-asset ETFs, multi-asset ETFs, and various adjacent ETFs (e.g., leveraged, inverse, market-timing, volatility). If regulatory clarity progresses fast enough, we may see the U.S.'s first crypto yield-generating ETFs (e.g., staking). These products could bring additional investor interest to the asset class and increase inflows into passive and active investment products. 3. Technological Innovation: The Convergence of Blockchain Scalability and AI Technological advancements in 2025 will be driven by Layer-2 blockchain scalability and AI integration. Rollups, zero-knowledge proofs, and interoperability will enhance transaction efficiency and user experience for decentralized applications (dApps) and DeFi. Simultaneously, AI agents operating on decentralized networks will solve and optimize a variety of tasks and interact with users and each other. This synergy simplifies Web3 interactions and ensures secure, transparent execution of AI decisions on blockchain. Together, these innovations will lower barriers to entry, attract developers and users, and accelerate mainstream adoption, making 2025 a pivotal year for blockchain and AI convergence. Summary The outlook for crypto adoption in 2025 is overwhelmingly positive, but not without challenges. Regulatory clarity, institutional participation, and technological innovation will be the pillars of growth. The question isn’t whether crypto will gain mainstream acceptance—it’s how fast and in what form. As we approach this next phase, those who adapt to the evolving landscape will lead the charge in shaping the future. - Leo Mindyuk, CEO, ML Tech Ask an Expert Q. What were the most impactful developments in the crypto market over the past year, and how have they shaped crypto adoption? The most significant development in crypto last year was the political shift, with President-elect Donald Trump making crypto a key part of his platform. Markets are only beginning to price in the impact of the Executive and Legislative branches, along with financial regulators, that not only refrained from fighting the crypto industry but also encouraged crypto innovation within the United States. Beyond bitcoin adoption and the potential establishment of a national strategic bitcoin reserve, the broader implications for financial markets are still unclear to many market participants. Some of the world’s largest financial institutions that were previously on the sidelines are now actively developing their crypto strategy in response to the new pro-crypto administration. Q. How is the evolving regulatory landscape likely to impact crypto markets and institutional involvement in 2025? The SEC’s regulation-by-enforcement approach has had a far-reaching impact on the crypto markets. A shift to a neutral - or even positive - stance means financial professionals and institutions will need to actively explore how to better serve their customers who are already engaged with crypto, particularly given its decisive role in the election. Additionally, they will need to adapt their offerings to remain competitive in a world where financial markets and assets increasingly operate on crypto rails. Financial advisors, in particular, now have more opportunities to serve their clients by incorporating crypto allocations and existing crypto portfolios into comprehensive financial planning and strategy. Q. Given the macroeconomic climate, how should financial professionals think about integrating crypto into broader investment strategies in 2025? The year 2025 will mark a pivotal shift for crypto, transitioning from merely being an asset class to becoming the infrastructure that underpins a growing portion of all asset classes. Put differently, with the adoption of crypto rails, financial professionals will be better equipped to respond to the macroeconomic climate, further accelerating the flywheel of asset tokenization, portfolio allocations, and broader adoption. - Miguel Kudry, CEO, L1 Advisors Keep Reading J.P. Morgan’s retail platform E-Trade is considering adding crypto trading. The SEC lawsuit against Coinbase has been paused and is moving to the second circuit. Czech National Bank opens up discussions around bitcoin as they consider reserve diversification options.
This is a segment from the Empire newsletter. To read full editions, subscribe . ICYMI, Sol Strategies announced that it was investing CAD $25 million ($17.4 million) in the Solana ecosystem earlier this week. CEO Leah Wald told me ahead of the new year that Sol Strategies was focused on building up the “next level” of its business strategy. Obviously, given Sol’s focus, the firm is gonna be bullish on the ecosystem, but Wald noted how pleasantly surprised she was at the amount of developer activity and overall enthusiasm for Solana right now. She is skeptical, however, about a solana ETF being approved in the US “anytime soon.” “I think there’s quite a while until a SOL ETF gets approved. During that time, as a former issuer, I know that you have a long time where you’re working with the staff and you’re working on education. That gives [potential issuers] a year…to educate the staff and make sure that everybody’s up to speed on what you know SOL actually is, and the merits and benefits, and provide…that additional timeline for maturity,” she explained. But she does think that Canada is likely to approve a SOL ETF from 3iQ before we see a slew of US products because the Canadian issuer is “always ahead of the US.” Out of curiosity, and given Wald’s experience, I pushed her on why she thinks a potentially crypto-friendly regulator wouldn’t look to get an ETF that holds SOL out the door. She told me part of her reasoning was exactly because of the changing leadership at the SEC. If the new SEC chair “came in and said, ‘okay, all crypto ETFs are approved overnight,’ I think that that’s dangerous, actually,” she explained. It would be better to see a regulator who’s willing to put in the work to understand the differences between something like Solana and Ripple and speak to potential issuers prior to just greenlighting ETFs. I guess we’ll have to make do with the crypto ETFs we have at home. Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter . Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter . Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more. The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.