NEWS DIGEST – 10.01.2025πΒ
1) π¦ World Liberty Financial to launch a crypto debit card
Whatβs new: Trump-backed firm World Liberty Financial plans to roll out a debit card that lets users spend crypto directly. Pilot expected Q4 2025, full launch possibly in Q1 2026. Theyβre also exploring tokenization of real estate, oil, gas, etc. Β
Why it matters: Bridging everyday spending with crypto is a long-sought use case. If they pull this off credibly, it could help push mainstream adoptionβbut issues like conversion fees, volatility, regulation & banking partnerships will be key.
βΈ»
2) π XRP & Solana futures see rising institutional interest
Whatβs new: CMEβs XRP and SOL futures are witnessing strong institutional flows. Solana futures crossed $1B open interest in just five monthsβfaster than BTC or ETH. Β
Why it matters: Diversification beyond BTC/ETH is growing. Derivatives liquidity in altcoins signals that institutions are betting not just on store of value but on utility narratives. Watch basis, forwards, and roll behavior for signals.
βΈ»
3) βοΈ SEC weighs tokenized stocks on crypto exchanges
Whatβs new: The SEC is exploring a regulatory framework to allow blockchain-based versions of traditional stocks to trade on crypto exchanges. Β
Why it matters: This brings TradFi β DeFi closer. If successful, it could blur the line between equities and crypto, reduce settlement friction, and open new trading dynamics.
βΈ»
4) βΏ Bitcoin steady at ~$114K as dollar weakens
Whatβs new: Bitcoin held near $114,532, with modest upside pressure. The weaker U.S. dollar is helping support demand for crypto as a relative hedge. Β
Why it matters: Macro remains a tailwind. Dollar softness tends to lift risk assets and crypto. But stability is fragile: if macro changes or regulatory shifts hit, this calm could break.
