Market Performance
| Asset / Index | Value ($) | Daily Change (%) |
|---|---|---|
| Bitcoin (BTC) | 67,843.0 | +0.39% |
| Ethereum (ETH) | 1,999.10 | +0.42% |
| Bitcoin Spot ETF | -104.90M | Net Outflow |
| Ethereum Spot ETF | +48.60M | Net Inflow |
| Nasdaq (NAS100) | 24,760.5 | +0.24% |
| S&P 500 (SPX) | 6,843.21 | +0.10% |
| Russell 2000 (RUT) | 2,646.6 | +0.29% |
| U.S. Dollar Index (DXY) | 96.950 | +0.17% |
| VIX Volatility Index | 20.29 | -4.29% |
| U.S. 10-Year Yield | 4.05495 | +0.07% |
| Brent Crude Oil (BRENT) | 67.805 | +0.30% |
| LBMA Gold (XAU) | 4,939.21 | +1.24% |
| LBMA Silver (XAG) | 75.683 | +3.17% |
“Prepared at UTC 07.34 am”
Today’s Key Events
- US Fed Minutes to be Released
- US Durable Goods Orders
- UK Inflation Data to be Released
- Hbar Mainnet Upgrade
General Agreement in Geneva
- US and Iranian delegations held indirect talks in Geneva, Switzerland, with Oman acting as mediator. After more than three hours of talks, Iranian Foreign Minister Abbas Arakchi announced that a general consensus had been reached on “a series of guiding principles,” but that this did not mean a final agreement.
- With no official assessment coming from Washington, it remains unclear when the parties will meet again.
- The talks took place following a 12-day war between Israel and Iran last year and increased US military pressure in the region.
Message from Khamenei to Trump
Iran’s Supreme Leader Ayatollah Ali Khamenei said in a message released concurrently with the negotiations that US President Donald Trump cannot destroy the Islamic Republic of Iran. Khamenei stated that the US has failed to achieve this goal for 47 years and that it will not be possible in the future. The statement showed that Tehran is maintaining its tough rhetoric despite diplomatic contacts.
Trump Increases Pressure
US President Donald Trump reiterated that he believes Iran wants to make a deal but that the military option remains on the table in case of failure. Washington demands that Tehran completely end its nuclear program and limit its long-range missile capacity. The US sending a second aircraft carrier to the region signals that the diplomatic process is being conducted alongside military deterrence.
Messages from Fed Members
- San Francisco Fed President Mary Daly said that inflation must be permanently reduced and that it is critical for the current policy to remain “moderately restrictive.”
- Chicago Fed President Austan Goolsbee said that if inflation clearly returns to the 2% target, several interest rate cuts could be possible in 2026.
- Fed member Michael Barr noted that inflation risks persist and that interest rates are likely to remain steady for some time.
Japanese Giants’ Crypto Plan
Nomura Holdings, Japan’s largest securities firm, plans to conduct cryptocurrency exchange activities through its Swiss-based subsidiary Laser Digital. Daiwa Securities Group and SMBC Nikko Securities are also reportedly evaluating options to enter the cryptocurrency exchange business. Investment demand is expected to increase if Tokyo eases restrictions on cryptocurrency ETFs.
Stablecoin Talks
The White House is reportedly considering new talks with cryptocurrency firms and banks regarding stablecoin returns. It is noted that potential contacts could affect the future of cryptocurrency regulations and competition between banks and digital asset companies. It is stated that the process could be decisive in shaping the digital asset market framework in the US.
Legislative Message from the CFTC
Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission, said that legislation regarding the structure of the crypto asset market will be introduced soon. He stated that the new framework is intended to be flexible enough to adapt to future developments. The announcement reinforced expectations that the U.S. is entering a clearer period regarding crypto regulations.
Tether Gold Dividends
Tether announced that the Tether Gold (XAU₮) token will be used in dividend payments by a publicly traded company. Elemental Royalty Corporation, listed in Canada, will offer its shareholders the option to receive dividends in XAU₮. This marks the first time tokenized gold has been incorporated into the distribution mechanism of a publicly traded company.
Abu Dhabi Funds in Bitcoin ETF
It was revealed that two Abu Dhabi-based funds hold over $1 billion in shares in BlackRock’s cash Bitcoin ETF. Mubadala Investment Company holds approximately $631 million worth of shares, while Al Warda Investments’ stake is reported to be approximately $408 million. The development shows that institutional investors’ interest in spot Bitcoin products continues.
Digital asset management company CoinShares announced that its assets under management reached $7.4 billion as of December 31, 2025. The company reported a net inflow of $662 million in the second half of the year, despite the downturn in the crypto market. The board of directors also decided to distribute a total of $21.5 million in dividends, amounting to $0.33 per share.
Response from Coinbase CEO
Coinbase CEO Brian Armstrong responded on social media to criticism from Wall Street regarding the company’s low valuation. Noting that traditional financial institutions’ approach to crypto is divided, Armstrong said that some major banks have begun collaborating with Coinbase. He announced that the company increased its trading volume by 156% year-on-year in 2025 and that assets under management tripled in three years.
Ethereum Foundation Artificial Intelligence
Ethereum Foundation co-director Tomasz Stanczak advocated for the use of artificial intelligence in processes such as proposal preparation and meeting moderation. It was stated that artificial intelligence could contribute to decision-making processes related to network upgrades. However, it was emphasized that models carry the risk of producing erroneous information and require careful integration.
