JPMorgan Chase: Stablecoin Total Market Value Expected to Reach Approximately $500 Billion to $600 Billion by 2028

On December 20, Solana took to X (formerly Twitter) to announce its affiliated account: @x402onSolana. The account’s bio reads: “Building x402 payments with native internet capabilities on Solana.”

On December 20th, Arthur Hayes—author of today’s latest article *Love Language*—stated that the Federal Reserve’s launch of the Reserve Management Purchase (RMP) is effectively a new form of quantitative easing (QE). This means liquidity will be reintroduced, raising the long-term risk of fiat currency depreciation, and the crypto market, particularly Bitcoin (BTC), is poised to benefit significantly. He expects BTC could trade in the $80,000–$100,000 range in the short term. Once the market recognizes “RMP = QE,” BTC may rebound to $124,000 and quickly surge to $200,000. Hayes predicts a temporary sentiment peak around March next year, followed by a pullback—but the overall floor will likely remain above $124,000. Notably, while Hayes has consistently been bullish on crypto, he transferred 508.647 ETH (valued at $1.5 million) to Galaxy Digital during yesterday’s rebound, potentially signaling a sale.

On December 20, AI data center firm Hyperscale Data announced the launch of an at-the-market (ATM) common stock offering program with a maximum aggregate value of $50 million. Proceeds from the offering will primarily fund Bitcoin purchases and accelerate construction of its Michigan data center, with a small portion earmarked for working capital and general corporate purposes. The offering will be conducted through Spartan Capital Securities as the sales agent.

Dec. 20 — Per @StarPlatinum_, the U.S. Department of Justice (DOJ) released Jeffrey Epstein case investigation documents today. Emails show Epstein’s $850,000 donation to MIT indirectly funded a digital currency initiative that hired Bitcoin Core developers (including Gavin Andresen and Wladimir van der Laan) in 2015, when the Bitcoin Foundation collapsed. The messages also detail Epstein’s nine secret MIT visits (codenamed “Voldemort”). Meetings at his mansion included early Bitcoin investor/Tether co-founder Brock Pierce and former U.S. Treasury Secretary Larry Summers — suggesting Bitcoin discussions well before the asset went mainstream. Summers flagged reputational risks but saw crypto opportunities. In 2018, Epstein contacted Steve Bannon for crypto tax advice (covering token handling, evading campaign finance rules) and bought blockchain books in 2017, highlighting his elite crypto network. No evidence links Epstein to actual Bitcoin development influence, however.

December 20 — Renowned American investor Collin Rugg has noted that newly public Jeffrey Epstein case investigation documents released today include a photo of Epstein with former U.S. President Bill Clinton. Two images are among the materials: one depicts Clinton with an unidentified woman in a bathtub, while the other shows Clinton alongside Michael Jackson. The U.S. Department of Justice (DOJ) kicked off the document release today, with additional materials including court records, DOJ disclosures, Freedom of Information Act (FOIA) records, and more photos.

On December 20, New York City’s Museum of Modern Art (MoMA) acquired eight NFT CryptoPunks, including CryptoPunks 4018, 2786, 5616, 5160, 3407, 7178, 74, and 7899.