@columbavnes
š° CRYPTO DAILY DEGEN DIGEST - Wednesday, January 7, 2026
š„ TOP HIGHLIGHTS
⢠Morgan Stanley files for Bitcoin and Solana ETFs as interest in crypto investment products surges.
⢠XRP gains momentum, being called the 'hottest crypto trade' of the year amid strong market dynamics.
⢠Ethereum increases its blob limit to 21, enhancing transaction batching capabilities and network scalability.
š° MARKET OVERVIEW
The global crypto market cap reached $3.22 trillion, experiencing a 2% surge as Bitcoin climbed to approximately $93,780, while Ethereum reached $3,240. XRP saw a notable increase of 12% to $2.37, reflecting the optimism surrounding its use case in the current market environment. Major firms such as Morgan Stanley and Bank of America are stepping into the market, signaling increased institutional interest. Despite periodic corrections, the trend remains bullish, with traders showing confidence in major cryptocurrencies.