Coinbase CEO Brian Armstrong has publicly endorsed Bitcoin's role in the global financial system, arguing it strengthens the U.S. dollar's position rather than threatens it. In a recent interview, Armstrong stated that Bitcoin acts as a "check and balance" on excessive inflation and deficit spending. He explained that when policymakers push too far, investors can shift into Bitcoin, signaling a loss of confidence. This pressure, he believes, encourages fiscal discipline and helps preserve the dollar's reserve currency status. Armstrong concluded that in a "strange way," Bitcoin helps reinforce trust in the U.S. financial system.
Concurrently, corporate investment firm Trend Research has significantly increased its Ethereum holdings to over $1.8 billion. According to data from Lookonchain, the firm now owns more than 601,000 ETH following a recent $35 million purchase. The intelligence provider noted that Trend Research took a $958 million loan in stablecoins from the lending protocol Aave at an average Ethereum price of $3,265 to fund the acquisition.
Trend Research founder Jack Yi expressed a bullish long-term outlook for Ethereum, anticipating that factors such as rate-cut cycles, crypto policies, and stablecoin growth will improve overall market conditions in 2026. However, he predicts a temporary price reversal for ETH in the first quarter of the year before conditions improve.
Amid these institutional moves, attention has turned to newer projects. The AI-powered platform DeepSnitch AI has raised over $1 million in its ongoing presale, with its native token DSNT priced at $0.03142. The project, which aims to provide AI trading tools to retail investors, is offering bonuses that expire on January 1st. The article also mentions other assets like Pippin (PIP) and Toncoin (TON) as trending, with analysts providing price predictions for them, as well as for Shiba Inu (SHIB) and Dogecoin (DOGE).
