KEYTAKEAWAYS
- Six major crypto companies, including Kraken, Consensys, and BitGo, plan IPOs in 2026.
- While gold and silver prices may face short-term profit-taking pressure, long-term macroeconomic factors will continue to support rising precious metal prices.
- China's State Council Tariff Commission Releases "2026 Tariff Adjustment Plan"
- Copper may face a structural shortage in 2026, and prices are likely to remain strong.
- KEY TAKEAWAYS
- Six major crypto companies, including Kraken, Consensys, and BitGo, plan IPOs in 2026
- While gold and silver prices may face short-term profit-taking pressure, long-term macroeconomic factors will continue to support rising precious metal prices
- China’s State Council Tariff Commission Releases “2026 Tariff Adjustment Plan”
- Copper may face a structural shortage in 2026, and prices are likely to remain strong
- DISCLAIMER
- WRITER’S INTRO
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
Six major crypto companies, including Kraken, Consensys, and BitGo, plan IPOs in 2026
This year, crypto companies raised approximately $3.4 billion in IPOs, with Circle and Bullish both exceeding $1 billion.
Looking ahead to 2026: Kraken confidentially filed its S-1 application with the SEC in November 2025, aiming for a listing in the first half of the year; Consensys, along with JPMorgan Chase and Goldman Sachs, is pushing for a mid-year IPO, with its core products being MetaMask, Infura, and Linea; BitGo has updated its S-1A, targeting a Q1 listing with a valuation of approximately $1.75 billion; Animoca Brands plans a Nasdaq listing through a reverse merger with Currenc Group, targeting a valuation of approximately $6 billion; Ledger is preparing a large-scale financing round to strengthen its Ledger Live and self-custody businesses; Bithumb plans to list in South Korea by the end of 2025, regaining approximately 25% of the domestic market share.
While gold and silver prices may face short-term profit-taking pressure, long-term macroeconomic factors will continue to support rising precious metal prices
Gold and silver prices surged in 2025, becoming a “new stimulus check.” Gold prices rose from $2,400/ounce in 2024 to the current $4,500/ounce, an increase of 88%; silver prices rose from $29/ounce to $79/ounce, an increase of over 170%.
It is estimated that approximately 11% of Americans hold gold, and approximately 12% hold silver. American households saw their net worth increase by approximately $244.5 billion this year due to rising gold and silver prices. Globally, China and India purchased 700-900 tons of gold annually between 2022 and 2024, driving gold prices to double.
Furthermore, China plans to implement silver export restrictions starting January 1, 2026, further exacerbating market supply shortages.
Analysts believe that while short-term profit-taking pressure may arise, potentially leading to a rotation of funds to other assets such as stocks and cryptocurrencies, in the long run, factors such as inflation expectations, central bank interest rate cuts, and increased gold holdings by global central banks will continue to support rising precious metal prices.
China’s State Council Tariff Commission Releases “2026 Tariff Adjustment Plan”
The State Council Tariff Commission released the “2026 Tariff Adjustment Plan,” which will take effect on January 1, 2026. This adjustment aims to promote high-quality development, optimize tariff item settings, and continue to implement preferential tariff rates and agreement rates.
Copper may face a structural shortage in 2026, and prices are likely to remain strong
Copper prices rose more than 30% in 2025, breaking through a record high of $12,000 per ton in December, marking the largest annual increase since 2009.
Analysts predict that the global transition to renewable energy, electrification, and the AI data center construction boom will continue to drive copper demand growth, and prices are likely to remain strong in 2026.
StoneX senior metals demand analyst Natalie Scott-Gray stated that high copper prices may lead manufacturers to switch to alternatives, potentially suppressing demand in some non-essential sectors.
Marex base metals strategist Alastair Munro pointed out that the market widely expects a structural copper shortage starting in 2026.
Furthermore, US tariffs have triggered a large influx of copper, causing Comex inventories to climb to a record high, while European LME inventories have fallen to less than 20,000 tons, creating regional supply and demand tensions.
Benchmark Mineral Intelligence analyst Albert Mackenzie believes that the surge in US inventories has ignited supply concerns. Macquarie Group strategist Alice Fox predicts that copper prices will remain high in 2026.
Read More:
Messari 2026 Crypto Theses: Why Speculation Is No Longer Enough (Part 1)
