Ethereum’s $200 billion tokenized economy, falling exchange supply and traditional finance footprint are fundamental factors that suggest ETH is undervalued. Key takeaways: Ethereum currently hosts $201 billion in tokenized assets, which is nearly two-thirds of the global total of $314 billion. Institutional growth led by BlackRock and Fidelity has driven a 2,000% surge in onchain fund AUM since 2024. Read more
Some agencies, such as the SEC, are expected to reopen the day after a funding bill becomes law, more than 40 days after reducing their operations and staff. The US government is moving closer to reopening after more than 40 days of being shut down, following several Democratic lawmakers in the Senate siding with Republicans to pass a funding bill. On Monday, the US Senate held a late-night vote for a bill “continuing appropriations and extensions for fiscal year 2026,” which passed 60 to 40 in the chamber. The bill is expected to fund the government through Jan. 31, 2026, provided it passes in the House of Representatives and is signed into law by President Donald Trump. As Tuesday is a US federal holiday, the House is not expected to reconvene to vote on the bill until Wednesday at the earliest. Prediction platform Polymarket has already adjusted its expectation that the US government will return to normal operations on Friday, likely following the passage of the House bill. Read more
PrizePicks has teamed up with Polymarket to let users wager on real-world outcomes, expanding beyond fantasy sports into the growing prediction-market space. PrizePicks, one of North America’s largest daily fantasy sports operators, has partnered with Polymarket to expand into the prediction-markets space — a move that could open new revenue streams beyond its core fantasy sports business. The partnership will integrate Polymarket’s event contracts directly into the PrizePicks app, allowing users to make predictions on outcomes spanning sports, entertainment and cultural events, the companies disclosed Tuesday. Polymarket founder and CEO Shayne Coplan said the collaboration could attract millions of PrizePicks users to the emerging prediction-markets ecosystem. Read more
Speaking with Cointelegraph, 10T Holdings founder Dan Tapiero explains why Bitcoin’s fundamentals remain strong even as a 70% downturn looms in the next bear phase. Macro investor Dan Tapiero remains convinced that Bitcoin (BTC) is on track to reach $180,000 as part of its current bull cycle, but warns that a major correction could follow once the rally peaks. Despite recent risk-off sentiment and heavy selling from long-term “OG whales,” Tapiero insists the bull market remains intact. “I think the macro backdrop is still positive,” he said in an interview with Cointelegraph. According to Tapiero, the latest all-time high didn’t fully reflect the “fundamental improvements” in Bitcoin’s ecosystem or the increasingly favorable macro environment supporting digital assets. Read more
Bitcoin dropped to fill its latest futures gap at the Wall Street open, but whale selling pressure kept a BTC price rebound off the menu. Key points: Bitcoin fills its weekend CME futures gap, but bulls struggle to produce a BTC price turnaround. Analysis shows Bitcoin whales selling into price at local highs. Read more
Gifting Bitcoin isn’t taxable right away, but the IRS still has rules. Here’s how to stay compliant and prevent future tax problems. Bitcoin gifts aren’t immediately taxable. The IRS treats cryptocurrency as property, so recipients generally don’t owe income tax on the gift. Stay within the 2025 exclusion limit. You can gift up to $19,000 per person, or $38,000 for spouses splitting gifts, without triggering Form 709. Recipients inherit the donor’s cost basis. Future taxes depend on the donor’s original purchase price, not the cryptocurrency’s value at the time of the gift. Read more