Fed Injects $13.5B, Coinbase Adds Tokens, and SEC Speech Looms Over Crypto Market

Derived from Bijiie, the cryptocurrency market experienced significant developments in the past 24 hours, including the Federal Reserve injecting $13.5 billion into the U.S. banking system, Coinbase listing RLS and XPL, Zama’s upcoming token auction, and the SEC chair’s upcoming speech. The Fed’s liquidity injection is seen as a potential boost for risk assets like crypto. Coinbase expanded its retail offerings by adding Rayls Labs (RLS) and Plasma (XPL), with trading starting on December 1 and 2, respectively. Zama announced a sealed-bid Dutch auction for 10% of its token supply on January 12, using homomorphic encryption. Strategy, linked to MicroStrategy, purchased 130 BTC at $89,960 each, while the FDIC signaled its first stablecoin regulatory proposal under the Stablecoin Act. Prediction markets like Kalshi and Polymarket also saw record trading volumes. The SEC chair’s speech tomorrow is expected to provide regulatory signals for digital assets.