Memecoins added $3 billion in market cap in one day, led by PEPE’s 23% surge and the buzz around the MemeMax_Fi DEX, hinting at a possible "meme season" underway. Memecoins like Pepe (PEPE), Bonk (BONK), and Dogecoin (DOGE) were among the best-performing cryptocurrencies on Friday, posting significant gains as the market geared up for 2026. Key takeaways: Memecoin market cap surged 8% to $39.45 billion, a two-week high, signalling strong demand. Read more
India is urging other countries to develop CBDCs, and China is expanding the use of its digital yuan, allowing banks to offer interest on e-CNY wallets. Russia’s Ministry of Justice has proposed new fines for unregistered cryptocurrency miners. This comes after the finance minister raised concerns about the rise in unauthorized mining activities. A draft bill proposed by the ministry would impose a fine of 1.5 million rubles (about $19,000) and up to two years in a labor colony. Illegal mining involving “outsized profits” could see a maximum of five years in prison, 480 hours of forced labor and a fine of up to 2.5 million rubles. Unregistered miners are a growing problem in Russia, where only 30% have registered their operations as of June 19, according to Deputy Minister of Finance Ivan Chebeskov. Read more
Bitcoin faced familiar $90,000 BTC price resistance into the year's first Wall Street open as gold made a comeback from local lows. Bitcoin (BTC) approached $90,000 into the first Wall Street open of 2026 with a new CME futures gap in focus. Key points: Bitcoin attempts a breakthrough at $90,000 as markets brace for the first US trading session of the year. Read more
Coinbase's "everything exchange" includes an all-in-one platform as competition intensifies among crypto firms chasing the super app model. Coinbase intends to prioritize stablecoins, its Ethereum layer-2 Base and building out its exchange products past cryptocurrencies throughout 2026, according to CEO Brian Armstrong. In a New Year’s social media post Armstrong reaffirmed Coinbase’s “everything exchange” strategy, which includes products like prediction markets, equities and commodities. At its year-end conference in December, Coinbase launched stock trading and prediction markets as part of its push. The company has also rebranded its wallet app as an “everything app,” adding social networking and onchain features. Read more
With trading-hour extensions and digital finance upgrades underway, Korea Exchange is positioning for crypto ETFs while approvals remain stalled. South Korea’s securities and derivatives exchange operator, Korea Exchange (KRX), plans to increase its new investment products, including crypto exchange-traded funds (ETFs) and derivatives, as part of a broader push to modernize capital markets. Speaking at the first trading day ceremony of the new year, KRX chairman Jeong Eun-bo signaled the exchange was operationally prepared to support crypto ETFs, even as regulators continued to deliberate whether such products could be approved under existing securities regulations. Jeong framed the move as part of South Korea's efforts to move beyond the “Korea discount,” a phenomenon where domestic stocks trade at lower valuations than global peers. The dynamic is different in crypto, where Bitcoin often trades at a premium on local exchanges compared with overseas platforms. Read more