Analysts believe XRP's recent dip represents a healthy correction before a potential price surge. Key trends indicate XRP's price structure and resistance levels, essential for future upward movement, suggest it may retest critical support areas around $2.12 and $2.00.

WEB3 has warmth, bringing culture into reality The XBITOETH trendy lifestyle space launches, a meeting of symbols, consensus, and real life — Founder Mark's personal account Starting from the original intention towards dreams, actions illuminate the direction, The starting point is not necessarily to drive a project, But to have a quiet and profound dialogue with one's long-standing inner soul. As WEB3 creators and artists, I always believe, True creation is not about making noise, But about transforming inner perceptions of the world into spaces that others can enter. For WEB3, it is never about showing off technology, But about a lifestyle that allows individuals to regain sovereignty, dignity, and creativity. The birth of XBITOETH stems from a continuous belief— Let culture lead first, and value will naturally emerge; Let the digital world no longer be cold, and

The XRP ecosystem recently made significant progress: Flare Network's cross-chain asset FXRP officially launched on the high-performance derivatives protocol Hyperliquid, marking the first time XRP spot trading based on an order book model has been realized, opening a new door for XRP into the decentralized finance (DeFi) world. However, on the other hand, the competitive landscape for XRP spot ETFs has changed. Morgan Stanley submitted applications for BTC and SOL ETFs but did not include XRP, and WisdomTree withdrew its XRP ETF application, putting market sentiment under pressure and causing the price to fall back to around $2.1653. Analysts believe that in the short term, the price is affected by ETF news, but the key review of the US "Market Structure Act" on January 15, sustained strong inflows into XRP ETFs, and substantial expansion of DeFi use cases together form the multiple narrative foundation for XRP to challenge the all-time high of $3.66 in 2026.

Bitwise Asset Management Chief Investment Officer Matthew Hougan recently issued a memo stating that for the cryptocurrency market to regain momentum and challenge all-time highs in 2026, it must successfully overcome three key obstacles. These three catalysts include: the market needs to remain stable and avoid a repeat of the sharp liquidation event on October 10, 2025; the US stock market must stay steady to prevent a deep correction from dragging down risk assets; and the US Senate needs to push through the critical Clarity Act to provide a clear regulatory framework for the industry. Currently, Bitcoin is trading around $90,866, with the total market capitalization rebounding to $3.3 trillion. Analysts believe that the short-term trend will be driven by events and fluctuate accordingly, but the sustained inflow of institutional funds and clearer regulations in the medium to long term are the core drivers laying the foundation for a bull market.

整理 & 编译：深潮 TechFlow Guests: Mike Ippolito, Co-founder of Blockworks, Host: David Hoffman, Bankless Key Takeaways David Hoffman and Mike Ippolito discuss why 2025, despite reaching new all-time highs, appears to be exceptionally challenging, and why this tension is crucial for 2026. They believe the crypto industry is entering a phase similar to "Internet in 2002" — a period of declining speculation, increasing focus on fundamentals, and accelerated industry consolidation. The conversation covers reasons why Ethereum might experience a revival, why Bitcoin sentiment could face difficulties, predictions for the market and perpetual contracts, and how builders and investors should adapt as the crypto industry shifts from hype to genuine value creation.

Polymarket introduced taker fees for its 15-minute crypto prediction markets, with fees up to 3% returned to market makers as USDC rebates. This may tighten spreads and impact arbitration bots, though some believe optimized bots could thrive.

Written by: Matt Hougan, Chief Investment Officer of Bitwise Translated by: Saoirse, Foresight News The cryptocurrency market in 2026 is off to a good start. As of January 5, when I wrote this memo, Bitcoin and Ethereum have both gained 7% since the beginning of the year. Speculative altcoins have performed even better, for example, Dogecoin has surged by 29%. Can this rally continue? Throughout the holiday season, I kept thinking: what conditions are necessary for cryptocurrencies to sustain a rebound in 2026? I believe that to reach new all-time highs, we face three major obstacles. Fortunately, one of these obstacles has already been overcome. Obstacle One: Avoiding a replay of the "10・11" crash On October 11, 2025, the cryptocurrency market

The USD-KRW exchange rate temporarily rose and then partially retraced in the New York foreign exchange market, ultimately closing at 1,447 KRW. Analysts believe that the strong performance of the New York stock market stimulated risk asset appetite, leading to a relatively strong Korean won. As of 2:00 a.m. on the 7th (Korea time), the USD-KRW exchange rate closed at 1,447.10 KRW, up 3.30 KRW from the previous day's Seoul foreign exchange market close of 1,443.80 KRW. On the same day, in early trading in New York, the euro weakened due to soft European economic indicators, and the dollar remained strong, with the USD-KRW rate rising to a high of 1,449.30 KRW during the session. However, as the US stock market showed an upward trend afterward, investors shifted their investment focus from safe assets to risk assets such as stocks, and demand for the dollar began to decrease. Notably, the Philadelphia Semiconductor Index, composed of representative US semiconductor stocks, surged 2.84% intraday, indicating a clear lead by tech stocks.

Bitcoin investment giant Strategy (MSTR) increased its holdings by 1,287 Bitcoins to a total of 673,783 Bitcoins in early 2026, with a market value of approximately $63 billion. The company also increased its cash reserves to $2.25 billion to ensure dividend payments and debt management. Analysts believe that the increased cash reserves enhance its financial resilience, enabling it to withstand potential crypto winters.

_There is a bullish outlook for XRP because technical analysts believe it can break out of the channel. Several traders on X offer price targets between 3.10 and 15 after a pattern of Wyckoff has been confirmed._ XRP moves inside a downward sequence on the 5-day chart. Technical analysts

TD Cowen warns that the U.S. Cryptocurrency Market Structure Act may be delayed until 2027 for passage and 2029 for implementation. The main obstacle is the Democratic Party's demand for conflict of interest restrictions on high-ranking officials like Trump, while the Trump family has already profited $620 million from crypto projects. The Senate requires 60 votes to pass, and policy experts believe there is only a 50-60% chance of passage by 2026.

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

TSMC's stock price is expected to rise over 50% by 2025, with Wall Street forecasting a 21% revenue growth in 2026. Key catalysts: NVIDIA's $500 billion order, global foundry market share at 72%, far surpassing Samsung, and a P/E ratio of 24 times making the valuation reasonable. The Motley Fool analysts believe the future outlook remains optimistic.

As the US regulatory environment shifts with the passage of the GENIUS Act stablecoin bill, one of the Big Four accounting firms, PwC, has announced a full-scale entry into the crypto industry, covering everything from auditing and consulting to regulatory advisory. This move not only signifies the end of PwC's years of cautious observation but also heralds the rapid disappearance of the boundary between traditional finance and blockchain. US Deregulation Spurs PwC’s Crypto Engagement: Now Is the Best Time PricewaterhouseCoopers (PwC) US CEO Paul Griggs told the Financial Times in an exclusive interview that the company has launched a comprehensive internal deployment of personnel and expertise, actively expanding cooperation with crypto enterprises. He pointed out that the key reason for this shift is the passage of the GENIUS Act and the clear regulatory framework for stablecoins, which led the company to believe that now is the best time to invest in the crypto ecosystem: I expect that regulatory clarity will make

Author: CITIC Securities Summary From the overall trend, 2026 is the starting year for "the 14th Five-Year Plan" to solidify foundations and make comprehensive efforts; from the external environment, 2026 is the year of strategic counterattack; from the economic structure, 2026 is the year of innovation and nurturing new growth; from the growth drivers, 2026 is the year to boost domestic demand; from the policy space, 2026 is the year of "double easing" in fiscal and monetary policies; from the risk challenges, 2026 is the year of risk convergence. Under the support of "policy support + stabilizing domestic demand + industrial upgrading," the GDP growth in 2026 is expected to be around 5%. A-shares Market: The A-share bull market is expected to continue in 2026. The index is still expected to fluctuate upward but with a slowdown in gains, and investors will pay more attention to fundamental improvements and economic validation. We believe caution should be exercised regarding the risk of structural/phase-based corrections in the technology sector, and resource commodities are very likely to become a new mainline direction for A-shares after the technology sector.

The US spot cryptocurrency ETF market has ushered in a landmark moment. According to The Block data, by January 2, 2026, its cumulative trading volume has surpassed the $2 trillion mark. It took only about 8 months to go from $1 trillion to $2 trillion, twice as fast as reaching the first trillion milestone, clearly revealing that institutional funds are pouring into this compliant channel at an accelerated pace. On the first trading day of the year, the net inflow of Bitcoin and Ethereum spot ETFs combined reached $645.6 million, sweeping away the last year's outflow gloom, with BlackRock's IBIT fund maintaining dominance with approximately 70% of trading volume share. Market analysts believe that as more asset class ETFs are approved, competition will intensify, and the industry may face a process of consolidation through winners and losers in the future.

Author: @Web3Mario Summary: Hello everyone, long time no see. Sorry for the delay in updates; I have been working on designing and developing an AI product for the past three months. Honestly, changing direction is not easy. Any innovation must be built on a clear understanding of the industry boundaries before making incremental improvements beyond those boundaries. Therefore, I needed to acquire a lot of foundational knowledge in AI. Now that the product is preliminarily completed, I have more time to discuss macroeconomic environments and Web3 observations with everyone. Today, I want to talk about an interesting topic: USDT negative premium and the ongoing strengthening of the RMB. How should we view this, and how can we respond? Overall, I believe everyone doesn't need to panic too much. When building your investment portfolio, it's still wise to maintain a certain proportion of stablecoin assets. However, you can also use on-chain exchange rate hedging to appropriately avoid some foreign exchange losses. Why is the RMB entering an appreciation phase?

Author: Cathy At the end of 2025, a rare consensus emerged among the world's top financial institutions. From a16z, Coinbase, Messari to Grayscale, Galaxy Digital, from BlackRock, Fidelity to J.P. Morgan, Standard Chartered Bank, more than 30 institutions in their respective 2026 outlook reports unanimously point to the same conclusion: the cryptocurrency industry is undergoing a historic transition from "adolescence's turbulence" to "adulthood's stability." If the 2021-2022 cycle was driven by retail speculation, high leverage, and narrative bubbles, then most institutions believe that 2026 will be a year of substantial growth built on regulatory clarity, macro hedging demand, and the practical application of technology. This stage has a professional name—

As of the end of December last year, foreign ownership in the South Korean stock market reached 32.9%, a five-year high, mainly due to concentrated buying in semiconductor stocks. Analysts believe that the inflow of funds benefits from the outlook for the semiconductor market and the relative undervaluation of the Korean stock market. However, global variable factors may cause fluctuations in foreign capital flows, requiring flexible responses.

The warning letter from Washington's political circles in the United States is chilling. U.S. Representative Warren Davidson's deliberate criticism of the 2025 "Genius Act" raises fundamental questions about the so-called "innovation"—stablecoins—that we are now trying to believe and accept. He characterizes the bill as a "Trojan horse," ostensibly aimed at fostering the stablecoin market, but in reality allowing the government and banks to scrutinize and control all individual financial activities under a microscope. Representative Davidson's insights pierce through the illusion of digital finance. The "account-based" system mandated by the Genius Act stifles the fundamental reason for the existence of cryptocurrencies—decentralization. This is not "digital cash" that allows us to hold and freely transfer our funds; rather, it records our funds on bank and government ledgers, requiring their approval to move—digital shackles. Ultimately, this will pave the way to a totalitarian regime through digital IDs.

Week 1 of 2026, the overall cryptocurrency market rose, with Bitcoin and Ethereum steadily recovering, and Ripple experiencing the largest increase. Experts believe that institutional investor participation will enhance market stability and recommend selective investments in projects with substantial value.

Amid the weakening of the US dollar and expectations of Federal Reserve rate cuts, the market is re-evaluating Bitcoin's prospects. Analysts believe 2026 will become a significant turning point for digital assets. Bitcoin is currently consolidating and has not kept pace with the rally in precious metals; macroeconomic factors may influence its future performance.

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

The Federal Reserve releases the minutes of the December meeting, showing that "most" officials support continuing rate cuts, but some policymakers advocate for a pause "for a period of time," marking the largest internal disagreement in 37 years. This article is sourced from Li Dan, Wall Street Insights, compiled, translated, and written by BlockBeats. (Previous context: Fed rate cut cycle review: What’s next for Bitcoin, US stocks, and gold?) (Additional background: December rate cut probability jumps to 73%! Fed Williams wavers: The Fed still has room for a rate cut in the near future) Table of Contents "Most" participants support a rate cut in December, with a minority possibly supporting no change Most participants believe rate cuts help prevent labor market deterioration, with some pointing out the risks of entrenched inflation Reserve balances have fallen to a sufficient level The minutes show that, despite overcoming significant internal disagreements

Bittensor (TAO) has never traded above $760. That single fact still surprises many people seeing growing conversations about a move toward $1,000. TAO price currently sits around $250, a level some analysts believe does not reflect what the network is becoming. One of the loudest voices behind

Some influential voices in the XRP community believe its current price severely understates its long-term potential, especially when compared to what has recently happened in traditional hard assets. XRP vs. Metals Steingraber wrote that XRP will “obliterate metals by 10x,” pointing to silver tra

Speculation around the best crypto presale is intensifying as DOGEBALL, BlockDAG, and Bitcoin Hyper compete for early capital, but today’s spotlight belongs to DOGEBALL. With its ICO officially beginning today, analysts tracking the best crypto presale narrative believe DOGEBALL enters the market

Amid the weakening of the US dollar and expectations of Federal Reserve rate cuts, the market is re-evaluating Bitcoin's prospects. Analysts believe 2026 will become a significant turning point for digital assets. Bitcoin is currently consolidating and has not kept pace with the rally in precious metals; macroeconomic factors may influence its future performance.

A market commentator has explained how XRP investors could turn $1 million in XRP into real cash flow for possible retirement. Notably, speculation about XRP reaching $100 has led many investors to believe that such a price could lead to early retirement. Some believe holding around 20,000 XRP

The Federal Reserve releases the minutes of the December meeting, showing that "most" officials support continuing rate cuts, but some policymakers advocate for a pause "for a period of time," marking the largest internal disagreement in 37 years. This article is sourced from Li Dan, Wall Street Insights, compiled, translated, and written by BlockBeats. (Previous context: Fed rate cut cycle review: What’s next for Bitcoin, US stocks, and gold?) (Additional background: December rate cut probability jumps to 73%! Fed Williams wavers: The Fed still has room for a rate cut in the near future) Table of Contents "Most" participants support a rate cut in December, with a minority possibly supporting no change Most participants believe rate cuts help prevent labor market deterioration, with some pointing out the risks of entrenched inflation Reserve balances have fallen to a sufficient level The minutes show that, despite overcoming significant internal disagreements

In the world of cryptocurrency trading, many people often believe in specific "trading indicators." However, numerous studies have pointed out that most trading strategies claiming to have stable backtested profits are not necessarily proven effective by the market but are instead the survivors that were selected. It's like taking a hundred questions from last year's college entrance exam and scoring full marks; it doesn't mean you'll perform equally well on this year's exam. This is the "overfitting" trap of trading strategies. A more realistic question is, if a strategy truly performs so well, why not leverage it yourself instead of selling it externally or sharing it publicly? After all, truly effective strategies are often limited by capacity; as capital increases, the advantage is often consumed by one's own trading behavior and market reactions. Trading indicator developers often only showcase their best results to raise funds. A paper published by the American Mathematical Society points out the bias in backtesting, revealing that under traditional backtesting frameworks, certain technical strategies can indeed generate significant positive results in historical data.

Key Notes Market analysts believe that additional selling pressure could push the Dogecoin price lower to $0.08. US spot Dogecoin ETFs, launched in late November 2025, have seen almost no inflows in recent days. While some analysts argue that DOGE is entering a typical late-cycle “pessimism

Amid the weakening of the US dollar and expectations of Federal Reserve rate cuts, the market is re-evaluating Bitcoin's prospects. Analysts believe 2026 will become a significant turning point for digital assets. Bitcoin is currently consolidating and has not kept pace with the rally in precious metals; macroeconomic factors may influence its future performance.

The Federal Reserve releases the minutes of the December meeting, showing that "most" officials support continuing rate cuts, but some policymakers advocate for a pause "for a period of time," marking the largest internal disagreement in 37 years. This article is sourced from Li Dan, Wall Street Insights, compiled, translated, and written by BlockBeats. (Previous context: Fed rate cut cycle review: What’s next for Bitcoin, US stocks, and gold?) (Additional background: December rate cut probability jumps to 73%! Fed Williams wavers: The Fed still has room for a rate cut in the near future) Table of Contents "Most" participants support a rate cut in December, with a minority possibly supporting no change Most participants believe rate cuts help prevent labor market deterioration, with some pointing out the risks of entrenched inflation Reserve balances have fallen to a sufficient level The minutes show that, despite overcoming significant internal disagreements

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

Meta's acquisition of Manus for approximately $2 billion has garnered widespread attention in the crypto and AI communities. KOLs believe that this acquisition not only aims to enhance AI deployment but also signifies the mature integration of the AI industry. Manus's successful overseas entrepreneurial model and Meta's strategic breakthrough have sparked reflections on the long-term development of the crypto industry.

After a year of intense volatility and constantly changing expectations, industry leaders in crypto believe that 2026 will not be shaped by a single "breakout moment." Instead, the focus will be on a slower but more fundamental shift: digital assets gradually being integrated into the financial infrastructure.

Bitcoin is forecasted to face many challenges in 2026, as most experts believe it will continue the downward trend that began at the end of 2025. However, even if prices weaken, pioneers in the field still believe that next year will be a significant milestone for the potential of .

In 2026, the crypto world will usher in new trends, with a focus on prediction markets, compliant stablecoins, and AI technology. Experts believe that institutional funds will flow into these areas, while execution capability and value creation will become key evaluation criteria. Black swan events should still be approached with caution.

Against the backdrop of a weakening US dollar and rising expectations of Federal Reserve rate cuts, the market is beginning to reassess the medium- and long-term prospects of Bitcoin and cryptocurrencies. Analysts generally believe that 2026 could become a significant turning point for digital asset markets. (Background recap: Investment bank Cantor Fitzgerald states that Bitcoin's entry into a "crypto winter" may continue to be under pressure, but institutional interest is lighting the way for industry transformation) (Additional background: Bloomberg strategist Mike McGlone warns: Bitcoin may first drop to $50,000 next year, eventually crashing to $10,000) Table of Contents Bitcoin enters consolidation, unable to keep pace with precious metals rally US dollar experiences its largest annual decline in years, rate cuts become market consensus Divergence within Federal Reserve, interest rate policy remains uncertain Rising political uncertainty, US dollar dominance under scrutiny Analysts: Loose monetary environment has

Altcoin season is the period when cryptocurrencies other than Bitcoin experience strong growth, delivering exceptional profits. However, many traders still believe it's too early to discuss this, while others notice early signs even though prices haven't seen significant fluctuations. The market sentiment at this time is quite

The Bitcoin rally in 2025 is based on a strong liquidity foundation, but the actual picture in the last quarter shows many notable changes. Some analysts point out that global liquidity indicators remain at record levels and believe the upward wave will continue. Meanwhile, according to data

The Federal Reserve releases the minutes of the December meeting, showing that "most" officials support continuing rate cuts, but some policymakers advocate for a pause "for a period of time," marking the largest internal disagreement in 37 years. This article is sourced from Li Dan, Wall Street Insights, compiled, translated, and written by BlockBeats. (Previous context: Fed rate cut cycle review: What’s next for Bitcoin, US stocks, and gold?) (Additional background: December rate cut probability jumps to 73%! Fed Williams wavers: The Fed still has room for a rate cut in the near future) Table of Contents "Most" participants support a rate cut in December, with a minority possibly supporting no change Most participants believe rate cuts help prevent labor market deterioration, with some pointing out the risks of entrenched inflation Reserve balances have fallen to a sufficient level The minutes show that, despite overcoming significant internal disagreements

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

The Federal Reserve meeting minutes show that most officials support a rate cut in December and expect further rate cuts in the future, but some policymakers believe that rate cuts should be paused "for a period of time," reflecting the Fed's cautious attitude toward rate cuts early next year, with significant internal disagreements. This article is sourced from a Wall Street Journal article, organized, translated, and written by Foresight News. (Previous summary: The Fed's rate cut by 1 basis point is in line with expectations! The dot plot shows only a 1 basis point cut in 2026, Bitcoin and Ethereum fluctuate wildly, and US stocks see intraday gains) (Additional background: The printing press is running again! The US Federal Reserve has launched the "Reserve Management Purchase Program," and starting from 12/12, it will buy $40 billion worth of short-term government bonds within 30 days) Table of Contents "Most" participants support a rate cut in December Most participants believe that rate cuts help prevent labor market deterioration

The Federal Reserve's December Federal Open Market Committee (FOMC) meeting minutes released on December 31st show that there was significant disagreement within the committee on whether to cut interest rates. Ultimately, the decision was made with a 9 to 3 vote to cut rates by 25 basis points, bringing the federal funds rate target range to 3.5% to 3.75%. This is the most dissenting vote count since 2019. The minutes reveal that although most officials believe that further rate cuts may be appropriate if inflation declines as expected, some officials expressed strong reservations about the pace of future easing, even stating that this rate cut decision was "very balanced" and could have supported holding rates steady. On the market side, according to CME's "FedWatch" tool, as of December 31st, traders believe there is an 85.1% probability that the Fed will keep rates unchanged in January 2026, indicating a cautious outlook for future policy shifts. This contradictory set of minutes casts a shadow of uncertainty over the global macro markets in 2026, especially for risk assets like Bitcoin and Ethereum, which are highly sensitive to such developments.

Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a period of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility and fluctuations along the way," Matt Hougan said on CNBC on Friday. Hougan predicts a paradigm shift for Bitcoin. He expects this cryptocurrency to bid farewell to the four-year "boom and bust" cycle and transition into a "10-year grind" characterized by sustained but no longer explosive returns. In recent interviews and the company's annual outlook, Hougan forecasts that despite the digital

Goldman Sachs (Chief Economist and Head of Research Jan Hatzius, along with newly appointed US stock strategist Ben Snider, were interviewed on 12/30 to discuss the 2026 market outlook. Both believe that the US economy in 2026 can still maintain expansion, but the growth pattern will differ from the past few years. Against the backdrop of productivity improvements, easing inflation, and the Federal Reserve gradually returning to a neutral stance, employment, market valuations, and the AI investment cycle are entering a phase of adjustment. Economy Continues to Grow but Employment Stabilizes; Productivity Redefines Traditional Cycles Hatzius stated that Goldman Sachs estimates the US real GDP growth rate in 2026 to be about 2.6%. The overall economy remains in expansion, with no signs of recession. However, even with continued economic growth, Goldman Sachs does not expect the unemployment rate to decline simultaneously; in 2026, the unemployment rate will

Bitwise Chief Investment Officer believes that Bitcoin will bid farewell to the four-year cycle, entering a decade of stable growth characterized by low volatility and institutional dominance, and reaching new highs in 2026 under favorable regulatory conditions. Bitwise Asset Management Chief Investment Officer Matt Hougan predicts that Bitcoin will show a steady upward trend over the next ten years rather than explosive growth, emphasizing its stable returns. "I believe we are in a phase of sustained 10-year steady growth with strong returns. Although the returns are not astonishing, they are robust, with lower volatility, and there will be ups and downs during this period," Matt Hougan said on CNBC Friday. Hougan predicts that Bitcoin will undergo a paradigm shift