In the past hour, total liquidations across the network reached $26.27 million, with $23.28 million from long positions, with $3.00 million from short positions. BTC liquidation $13.32 million, ETH liquidation $4.93 million.

According to a recent report by Clear Street analyst Owen Lau, Coinbase is one of the top three most promising fintech stocks for 2026, alongside Nasdaq (NDAQ) and S&P Global (SPGI). Lau believes Coinbase is central to the transition to blockchain financial infrastructure and is one of the companies most likely to benefit from the adoption of blockchain applications and clearer regulations. Lau maintains a "buy" rating on Coinbase with a 12-month price target of $415. He points out that Coinbase's revenue structure is gradually diversifying, with increased contributions from subscription services, stablecoins, and on-chain financial services, which helps reduce reliance on spot trading volatility. Its investments in tokenization, payments, and derivatives are also expected to enhance its ability to weather economic cycles. USDC is considered a key growth engine. Circle co-operates with Coinbase on USDC, with Circle receiving approximately 50% of its USDC revenue, but Coinbase's current valuation is still below Circle's earnings expectations. Lau also mentioned potential catalysts for 2026 including the structural changes in the US crypto market and the advancement of stablecoin legislation, as well as Coinbase's expansion in prediction markets, "super apps," and AI financial tools. Lau views 2026 as a "transition year" for crypto stocks, with market focus shifting from trading volume to real adoption, and believes Coinbase has a clear advantage thanks to its strong balance sheet, international presence, and diversified product line. (CoinDesk)

Odaily Planet Daily reports that Nischal Shetty, founder and CEO of Indian cryptocurrency exchange WazirX, recently addressed the long-standing ownership dispute with Binance in an interview. Shetty stated that the dispute is currently in litigation, and the final outcome awaits legal judgment. Shetty recalled that WazirX was sold in late 2019 or early 2020, with an announcement of Binance's acquisition. However, disagreements arose between the two parties regarding ownership, escalating into a public dispute with conflicting accounts. He pointed out that the key to the issue lies in the outcome of the subsequent litigation. Following a security incident in July 2024 involving approximately $234.9 million and a restructuring approved by the Singapore court, WazirX has resumed operations. Shetty stated that the core focus for the past 15 months has been on restarting and rebuilding the platform. Now that operations are back to normal, related historical issues will be included in the subsequent reconstruction process. Regarding user concerns about the ownership dispute between Binance and WazirX, Shetty emphasized that from an operational perspective, it will not have a substantial impact on users. He stated that the platform has clearly disclosed the dispute in its latest terms of service to improve transparency. He indicated that the ownership issue will be resolved "at the appropriate time," but there is "no need for excessive concern" at the current operational level. (TheStreet)

According to Lookonchain monitoring, trader 0x94d3 (0x94d3...3814) previously sold 255 BTC, worth $21.77 million, to short BTC, ETH, and SOL, ultimately realizing a profit of $3.85 million. Currently, this trader has again shorted BTC, ETH, and SOL, with unrealized profits exceeding $1.77 million.

Odaily Planet Daily reported on December 26th that New York silver futures reached $76 per ounce, a 6.02% increase for the day. Spot silver rose 5.4% intraday, setting a new record high of $75.76 per ounce. Spot platinum continued its upward trend, rising over 10% intraday to a new all-time high of $2,452.95 per ounce. (Golden Ten)