You are about to leave the website of SDM Inc. ("SDM") and will be redirected to the website of SDM Financial Inc. ("SDM Financial"), a US affiliate of SDM providing crypto derivatives trading services.
Please be aware that SDM Financial's services are not intended for, and should not be used by, residents of Canada.
By clicking on the link to SDM Financial's website, you acknowledge and agree that: You are not a Canadian resident.
SDM Financial is not registered with any regulatory authority in Canada and is strictly prohibited from entering, or otherwise engaging in, any transactions with Canadian residents.
Non-Canadian residents who deal with SDM Financial do so at their own risk, and SDM will not be held liable for any losses or damages incurred as a result.
By clicking 'I Accept' below, you confirm that you have read, understand, and agree to the above . If you do not agree, please select 'I Decline' and you will be redirected back to SDM's website.
The crypto market showed some signs of improvement this morning, though price action remains somewhat indecisive. BTC has been rallying off the key support level at $98,000, but struggled to push past $104,000, with selling pressure accumulating in the order books. Meanwhile, AI tokens are continuing their downtrend, with FET and RENDER both posting declines of 10% and 8%, respectively, since Monday. However, TAO still holds its dominance in this space.
The broader markets are seeing mixed sentiment, as investors shift their focus to the Federal Reserve's upcoming interest rate decision, marking the first such move of 2025. Attention is particularly on Chairman Powell’s remarks, as this will be his first press conference under President Trump’s second term, following a history of tension between the two. Trump has already signaled his intention to push for an immediate rate reduction.
On the macroeconomic front, the U.S. M2 money supply continued to expand through December, inching closer to its all-time high of $22 trillion. This persistent growth in M2 is seen as a bullish signal for risk assets, as it reflects increased liquidity entering the system, which tends to flow into higher-risk investments first.
In other developments, Trump Media and Technology Group (DJT) has announced a strategic expansion into financial services, earmarking up to $250 million for investments in ETFs and cryptocurrencies.
Lastly, Cardano is gearing up for a major milestone today, with a hard fork set to implement full decentralized governance. This upgrade is expected to improve the blockchain’s scalability, security, and overall performance, positioning it for further growth in the competitive crypto landscape.
The News Room
DCG Launches Fortitude Mining as Independent Bitcoin Mining Subsidiary
Digital Currency Group (DCG) has launched Fortitude Mining, a wholly owned subsidiary focused on self-mining Bitcoin and other high-growth digital assets. Originally part of DCG’s Foundry mining unit, Fortitude will now operate independently to expand its operations, raise capital, and invest in new mining equipment and site acquisitions. Led by Andrea Childs, the company aims to maximize returns by targeting emerging ecosystems with strong profitability potential. Foundry, which remains the largest Bitcoin mining pool with over 30% of the network hashrate, will continue under CEO Mike Colyer. The move highlights DCG’s ongoing commitment to scaling its presence in the mining sector.
Trump’s Media Company Launches Truth.Fi, Expanding Into Fintech and Crypto
Trump Media & Technology Group has introduced Truth.Fi, a financial services brand set to invest up to $250 million in traditional assets, ETFs, separately managed accounts, Bitcoin, and other crypto-related securities. The move aligns with Donald Trump’s broader pro-crypto stance, which includes previous support for a U.S. Bitcoin reserve and involvement in the World Liberty Financial crypto project. Truth.Fi’s launch follows a trademark filing for digital wallet services and comes as Trump strengthens ties with Elon Musk, whose X platform is also developing fintech initiatives. The venture reflects a growing push into digital assets amid a bullish crypto market.
Coinbase Expands Advisory Council With Trump Campaign Manager, Former Senator, and Industry Leaders
Coinbase has expanded its Global Advisory Council, adding Trump’s 2024 co-campaign manager Chris LaCivita, former Senator Kyrsten Sinema, ex-New York Fed President Bill Dudley, and former Inter-American Development Bank President Luis Alberto Moreno. The move signals Coinbase’s deepening push into policymaking as it navigates evolving regulatory landscapes. Sinema emphasized the need for legislative clarity despite Trump’s pro-crypto stance, while LaCivita highlighted the president’s growing interest in digital assets. The hires come as Coinbase and other industry players ramp up political engagement, contributing to a $78 million pro-crypto PAC supporting regulatory-friendly candidates in 2024.
Crypto Charts
ETF Flow
Disclaimer
This research is for informational use only. This is not investment advice. Other than disclosures relating to Secure Digital Markets this research is based on current public information that we consider reliable, but we do not represent it is accurate or complete, and it should not be relied on as such. The information, opinions, estimates, and forecasts contained herein are as of the date hereof and are subject to change without prior notification. We seek to update our research as appropriate.
Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. The price of crypto assets may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from, certain investments. We and our affiliates, officers, directors, and employees, excluding equity and credit analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives, if any, referred to in this research.
The information on which the analysis is based has been obtained from sources believed to be reliable such as, for example, the company’s financial statements filed with a regulator, company website, company white paper, pitchbook and any other sources. While Secure Digital Markets has obtained data, statistics, and information from sources it believes to be reliable, it does not perform an audit or seek independent verification of any of the data, statistics, and information it receives.
Unless otherwise provided in a separate agreement, Secure Digital Markets does not represent that the report contents meet all of the presentation and/or disclosure standards applicable in the jurisdiction the recipient is located. Secure Digital Markets and their officers, directors and employees shall not be responsible or liable for any trading decisions, damages or other losses resulting from, or related to, the information, data, analyses, or opinions within the report.
Crypto and/or digital currencies involve substantial risk, are speculative in nature and may not perform as expected. Many digital currency platforms are not subject to regulatory supervision, unlike regulated exchanges. Some platforms may commingle customer assets in shared accounts and provide inadequate custody, which may affect whether or how investors can withdraw their currency and/or subject them to money laundering. Digital currencies may be vulnerable to hacks and cyber fraud as well as significant volatility and price swings.
Contact Us
Sign up to receive more exclusive market coverage:
.png)
.png)
.jpeg)
