Midday News Update #Web3

💼 Grayscale's Zach Pandl expects institutions to adopt crypto within 6-12 months as portfolio managers allocate up to 5%. He predicts Bitcoin could hit $500K by 2030.

📈 Bitcoin surpasses $100K as low CPI and #Trump’s pro-crypto plans boost sentiment. Analysts expect a U.S. reserve system using $USDC, $SOL, and $XRP.

🌐 46% of Q4 crypto VC funding went to U.S. startups, followed by Hong Kong (16%) and Singapore (9%). U.S. led with 36% of all deals.

⚖️ U.S. tech groups sue #CFPB over classifying digital wallets as banks, citing regulatory overreach that may harm innovation and raise costs.

📊 Over 562 million people worldwide now own crypto, according to Binance CEO Richard Teng, citing Triple-A as the source.
#Web3 #Trump #USDC #SOL #XRP #CFPB