BREAKING: US federal debt is up to a record $38.5 trillion in 2025.
The national debt officially surged +$2.3 trillion last year, equal to +$6.3 BILLION per day.
At this pace, total US debt will rise to $40.0 trillion as early as August.
Since 2020, US debt has skyrocketed by

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Wall Street bank Morgan Stanley recently officially filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, further expanding its strategy to penetrate the market...

Morgan Stanley has filed an application to launch an Ethereum spot ETF.

Nike reportedly quietly sold its digital product subsidiary RTFKT last December, marking a significant shift in the fashion giant's Web3 strategy and digital assets.

Nike has quietly sold its NFT studio.

Author: Yuanshan Insights
Data Source: Farside Investors, SoSoValue, Fed H.4.1 Report, CryptoQuant

On the first trading day of 2026, BTC ETF saw a net inflow of $471 million.

What does this figure mean?

In November and December, the combined net outflow of spot BTC ETFs was approximately $4.57 billion; with a net outflow of approximately $1.09 billion in December alone.

Many people frantically sold at a loss above 93K, and institutions bought back about one-tenth of that amount on January 2nd alone.

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