The potential appointment of BlackRock&#8217;s CIO as Fed chair could influence 
financial markets and policy direction, impacting economic stability.
The post Odds of BlackRock CIO becoming next Fed chair peak ahead of Trump 
call appeared first on Crypto Briefing.

Odds of BlackRock CIO becoming next Fed chair peak ahead of Trump call

Ethereum mainnet surpassed all layer-2 networks in daily active addresses in 
January, though security analysts attributed part of the spike to address 
poisoning attacks.

Ethereum mainnet daily active addresses surpass all layer-2s

Ripple is pushing blockchain deeper into traditional finance through a 
partnership with DXC Technology, embedding crypto custody and payments into a 
core banking platform that underpins trillions in global deposits and millions 
of accounts. Ripple Breaks Into Legacy Banking Systems Through DXC’s $5T Core 
Platform Global banking modernization continues to accelerate as institutions 
evaluate enterprise […]

Ripple Expands Into Core Banking Through DXC’s $5 Trillion Platform

Bitcoin price started a consolidation phase below $90,500. BTC is 
consolidating losses and might attempt a recovery wave if it clears $91,500. 
Bitcoin started a minor recovery wave from the $87,200 level. The price is 
trading below $90,500 and the 100 hourly Simple moving average. There was a 
break above a short-term bearish trend line with resistance at $89,700 on the 
hourly chart of the BTC/USD pair (data feed from Kraken). The pair might 
recover if it manages to settle above $90,500 and $91,500. Bitcoin Price Eyes 
Recovery Bitcoin price failed to stay above the $90,000 support and extended 
losses. BTC declined sharply below the $89,500 and $88,000 support levels. The 
bears even pushed the price below $87,500. A low was formed at $87,200, and 
the price is now attempting a recovery wave. There was a move above the 23.6% 
Fib retracement level of the downward move from the $95,475 swing high to the 
$87,200 low. Besides, there was a break above a short-term bearish trend line 
with resistance at $89,700 on the hourly chart of the BTC/USD pair. Bitcoin is 
now trading below $90,500 and the 100 hourly Simple moving average. If the 
price remains stable above $89,000, it could attempt a fresh increase. 
Immediate resistance is near the $90,300 level. The first key resistance is 
near the $91,500 level since it is close to the 50% Fib retracement level of 
the downward move from the $95,475 swing high to the $87,200 low. A close 
above the $91,500 resistance might send the price further higher. In the 
stated case, the price could rise and test the $92,300 resistance. Any more 
gains might send the price toward the $93,000 level. The next barrier for the 
bulls could be $95,000 and $95,500. Another Drop In BTC? If Bitcoin fails to 
rise above the $91,500 resistance zone, it could start another decline. 
Immediate support is near the $89,000 level. The first major support is near 
the $88,200 level. The next support is now near the $87,500 zone. Any more 
losses might send the price toward the $86,500 support in the near term. The 
main support sits at $85,500, below which BTC might accelerate lower in the 
near term. Technical indicators: Hourly MACD – The MACD is now losing pace in 
the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now above the 50 level. Major Support Levels – $89,000, followed by 
$88,200. Major Resistance Levels – $90,300 and $91,500.

Bitcoin Price Stability Sparks Recovery Hopes, But Hurdles Loom

ARK Invest’s new roadmap puts a big number on the table, and it’s hard to 
ignore. Reports say Cathie Wood&#8217;s firm’s “Big Ideas 2026” research paints a 
scenario where the total value of crypto climbs to about $28 trillion by 2030. 
Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt Big 
Ideas Point To A Shift According to ARK and its public writeups, that $28 
trillion is not blind optimism. The firm breaks the future into three main 
drivers: Bitcoin, decentralized finance, and tokenized real-world assets. 
Reports note Bitcoin could make up roughly 70% of that total, which would mean 
about $16 trillion in Bitcoin market cap by 2030. DeFi And Tokenized Assets 
Take The Stage DeFi platforms and smart-contract networks are expected to grow 
a lot. ARK’s scenario puts smart money and on-chain services as a major 
contributor to market value in the run up to 2030. The firm also projects 
tokenized real-world assets — things like tokenized bonds, property shares, 
and other financial products moved onto ledgers — to climb into the trillions, 
with some reports pointing toward around $11 trillion for tokenization. How 
Bitcoin Fits Into The Picture Given the share ARK assigns to Bitcoin, the math 
pushes toward very large per-coin prices if that scenario plays out. Reports 
say ARK’s base case uses a little over 20 million Bitcoins in supply by 2030 
and implies a per-coin price that could sit near the high hundreds of 
thousands — commonly quoted numbers range up to about $950,000 to $1,000,000 
in that framework. Fast Growth Assumptions To reach $28 trillion, the forecast 
depends on very steep growth each year. ARK points to an implied compound 
annual growth rate near 61% from present levels to 2030. That is aggressive. 
It would mean rapid gains across many segments of the crypto market, not just 
a single rally. Related Reading: Bitcoin’s Sharp Reversal Leaves Over $800 
Million Liquidated In 1 Day Reports and industry analysts warn that the path 
to that future has a long list of hurdles. Regulation must become clearer in 
many places. Institutional rails and custody tools need to expand and prove 
reliable. Market sentiment has to stay positive long enough for major capital 
flows to arrive. Any of these things going wrong would change the numbers 
quickly. ARK’s &#8220;Big Ideas 2026&#8221; details a robust vision of a $28 trillion 
ecosystem driven by Bitcoin, DeFi, and tokenization. Although it holds a 
rather ambitious 61% growth trajectory riddled with numerous regulatory and 
market obstacles, the vision reinforces the faith of ARK Invest in the 
transformation of the digital asset space from being a speculative domain to 
the nucleus of the global finance system. Featured image from Unsplash, chart 
from TradingView

Cryptocurrency price in MYR