☀️ (2026.01.08) Summary of major cryptocurrency news and comments Have a great day! 1️⃣ Polymarket forecast market data provided to the Wall Street Journal, Barron's, and other publications through deals 📌 (Summary) - Polymarket has an exclusive contract with Dow Jones Media - Polymarket data will be featured in various publications, including earnings data - The Wall Street Journal, Barron's, and other publications plan to utilize the data - Polymarket currently has an exclusive contract with Yahoo Finance, and Google Finance uses both Polymarket and Kalshi ✏️ (Personal Comment) - Polymarket doesn't need to generate revenue, but the data itself is money. - It seems they're securing contracts with various large institutions and making money through this data. - This shows Polymarket is well-made... - There are so many ways to make money without charging users large fees. - There are so many products that can generate revenue simply by attracting large numbers of users. Original link (www.theblock.co/post/384646/po... 2️⃣ From Solana, the first stablecoin backed by the state of Wyoming Launch 📌(Summary) - Wyoming launches its own stablecoin, FRNT, on Solana - A stablecoin officially launched by the Wyoming Stablecoin Token Association - A stablecoin to be launched directly by the state, not a private company - Franklin Templeton will assist with management and custody - Interest revenue will be used to support Wyoming education programs ✏️ (Personal comment) - Wyoming officially launches a stablecoin as a US state. Wow - There's a lot of experimentation going on here. - And now, Leggero and Solana are participating. - Looking at this, it seems like the blockchain industry is increasingly becoming an institutional business. - And most of the human resources and money are beginning to flow into national projects. - For the retail industry to rebound, the future consumer app boom will have to come again... Original link (www.theblock.co/post/384684/wy... 3️⃣ a16z Crypto Purchases $15M Worth of $BABY Tokens 📌 (Summary) - Babylon Receives $15M Investment from a16z - Funds Will Be Used to Create BTC Vaults - New Babylon BTC Vaults Lock Native BTC - Features That Allow You to Use It as Collateral ✏️ (Personal Comment) - Hmm... This Looks Like an OTC Deal - Is Babylon Really Doing OTC Deals at Its Current Market Cap...? - This Really Loses Babylon's Allure - Personally, a16z, along with Eigen, is buying a lot of OTC. - I think most of these trades are hedging and profit-taking. - Stop OTC, Foundations! Original Link (www.theblock.co/post/384636/a1... 4️⃣ JP Morgan Onboards JPM Coin to the Canton Network 📌 (Summary) - JPMorgan is onboarding its own coin, JPM, to the Canton Network. - This is the second chain expansion after Base. - JPM Coin is a stablecoin representing dollars deposited at JPMorgan. ✏️ (Personal Comment) - Is JPMorgan choosing the Canton Network as their second choice? - Canton has been rising significantly recently. - It seems increasingly like the project is growing in the direction of Ripple. - I personally don't plan on investing heavily, but such approaches are certainly... - It's a valid approach and will be a good case study to watch. Original Link (www.theblock.co/post/384575/jp... Hearts and likes are a huge boost to BQ content. 🤩 #CryptocurrencyNews #CoinNews #Cryptonews #BTC #ETH
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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