Elixir has permanently closed its deUSD stablecoin after Stream Finance, which controlled nearly 90% of deUSD's circulating supply, reported a $93 million loss. The stablecoin lost its dollar peg and fell to $0.09. Elixir processed approximately 80% of redemption requests at a 1:1 ratio and warned users not to purchase deUSD.

Asset manager 21Shares has filed an amended prospectus with the Securities and Exchange Commission, initiating a 20-day regulatory countdown under Section 8(a) for its spot XRP exchange-traded fund. Canary Capital's XRP ETF proposal has entered a parallel review window. Both filings signal competitive momentum toward potential approval of XRP investment vehicles in the United States.

Federal Reserve Board member Stephen Miran said stablecoin market expansion may reshape global demand for dollar assets and influence U.S. monetary policy. Analysts project dollar-backed tokens could hit $3 trillion by the end of the decade, exceeding certain segments of the U.S. debt market. Miran noted that rising demand for these digital instruments strengthens the dollar's global position while complicating the Fed's liquidity management approach.

Franklin Templeton's proposed XRP spot ETF has been listed on the DTCC website under ticker symbol XRPZ following an S-1 registration amendment. The listing represents a procedural milestone, though trading authorization remains contingent upon SEC approval. The filing uses an 8(a) provision that could enable automatic registration within 20 days absent regulatory objection.

Zcash (ZEC) reached $676.64 on January 9, 2025, marking its highest price since January 2018. The privacy-focused cryptocurrency posted a 26% gain in 24 hours and surged 1,486% over three months. ZEC now ranks 18th by market capitalization at $11.2 billion, surpassing Sui, Avalanche, and Litecoin.

Asset manager 21Shares submitted an amended prospectus for its proposed spot XRP exchange-traded fund on January 14, 2025, initiating an automatic 20-day effectiveness countdown under Section 8(a) of U.S. securities law. Bloomberg ETF analyst Eric Balchunas confirmed the filing activates the approval clock unless the Securities and Exchange Commission intervenes. The fund would trade on Nasdaq under ticker XRPC with custody provided by Gemini Trust Company and BitGo Trust Company.

Bitcoin retested the $100,000 level during its recent correction, triggering significant liquidations. Analyst PlanD identifies the 50-week exponential moving average at $100,700 as critical support. A sustained weekly close above this threshold could enable a rebound toward $116,000–$120,000 in the short term.

21Shares filed Form S-1 Amendment No. 3 for a spot XRP exchange-traded fund on November 8, 2025, according to Bloomberg analyst Eric Balchunas. The submission initiates a 20-day SEC review period under Section 8(a) of the U.S. Securities Act. If no objections emerge, the ETF could become effective automatically, potentially opening institutional access to XRP.