[Bitpush Daily News Highlights] Ripple, Circle, and three other crypto companies receive conditional bank license approval in the US; Tether submits an all-cash acquisition offer, aiming for full control of Serie A giant Juventus and pledges to inject 1 billion euros; Moody’s plans to launch a stablecoin rating framework, with reserve asset quality as the core indicator; Fogo cancels its $20 million token presale, mainnet launch will switch to airdrop distribution.

Selected Web3 news by the Bitpush editorial team for you daily:

[Ripple, Circle, and Three Other Crypto Companies Receive Conditional Approval for U.S. Bank Licenses]

According to Bitpush, on December 12, the U.S. Office of the Comptroller of the Currency announced the conditional approval of national trust bank license applications from five crypto companies: Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos. If finally approved, these companies will be able to operate in the U.S. as federally regulated banks. Although they cannot accept deposits or issue loans, they will be able to legally hold customer assets.

This approval marks a key step in the integration of crypto institutions with traditional finance. According to the GENIUS Act passed this year, a national trust bank license provides a clear regulatory path for stablecoin issuance. Similar applications from companies such as Coinbase and Crypto.com are still under review. Currently, Anchorage Digital is the only crypto company in the U.S. holding a federal bank license.

[Tether Submits All-Cash Acquisition Offer, Plans to Fully Acquire Serie A Giant Juventus and Pledges €1 Billion Investment]

According to Bitpush, Tether, the world's largest stablecoin issuer, announced on the 12th that it has officially submitted an all-cash acquisition proposal to fully acquire controlling shares of the Italian football club Juventus. CEO Paolo Ardoino stated that if the deal receives regulatory approval, the company will invest an additional €1 billion to support the club's development.

Tether, which earned over $10 billions in profit in the first three quarters of this year, has previously diversified its assets through investments in artificial intelligence, gold, and other sectors. In February this year, the company acquired a minority stake in Juventus. If this acquisition is completed, it will be the most high-profile investment in its history. Juventus' main partners currently include international brands such as Adidas and Jeep.

[Moody's Proposes Stablecoin Rating Framework, Reserve Asset Quality as Core Indicator]

According to Bitpush, international rating agency Moody's proposed a new rating framework for stablecoins on December 12, focusing on assessing the quality of reserve assets backing stablecoins and their associated risks. According to the framework, even stablecoins pegged 1:1 to the U.S. dollar may receive differentiated credit ratings due to differences in reserve asset composition.

The proposal emphasizes credit quality assessment of reserve assets, market value risk measurement, and comprehensive consideration of operational, liquidity, and technological risks. The framework applies to stablecoin projects worldwide where assets and issuers are effectively segregated. Market participants can submit feedback by January 26, 2026. This move comes as the U.S. GENIUS Act explicitly requires stablecoins to be backed by highly liquid assets.

[Fogo Cancels $20 Million Token Presale, Will Issue Airdrop at Mainnet Launch]

According to Bitpush and The Block, experimental Layer 1 blockchain Fogo has canceled its planned token presale ahead of its January mainnet launch. The presale was originally intended to raise $20 million at a $1 billion fully diluted valuation. The project team stated that 2% of the total token supply will instead be distributed via airdrop to optimize token distribution and reward early users.

According to the tokenomics plan released this week, 38.98% of tokens will be unlocked at Fogo network launch, with 6.6% specifically allocated for immediately tradable airdrops. The project team emphasized that this strategic adjustment will not affect the planned public mainnet launch on January 13.

[Tom Lee: Strategy's $1.4 Billion Cash Reserve Is a Wise Move]

According to Bitpush, BitMine chairman Tom Lee recently stated that bitcoin treasury (DAT) company Strategy's establishment of a $1.4 billion cash reserve is a wise move. Although Strategy's stock price has dropped by more than 50% in the past six months, this cash reserve will enable the company to continue paying shareholder dividends during bitcoin price declines without having to sell its $61 billions in bitcoin holdings.

Tom Lee pointed out that during the last bitcoin downturn cycle, Strategy's stock traded below its net asset value (NAV), and building a cash reserve is a preparation for such situations. As the largest ETH treasury company holding over $12 billions in Ethereum, BitMine has not established a formal dollar reserve, but Lee said that cash and staking income can also protect BitMine during market downturns.

[Goldman Sachs: Bullish on U.S. Stocks in 2026, Six Major Tech Companies to Contribute Nearly Half of Growth]

According to Bitpush, Goldman Sachs expects the market to remain strong in 2026 and has set the S&P 500 target at 7,600 points. Ben Snider, chief U.S. equity strategist at Goldman Sachs, said that AI-driven productivity will boost earnings, with S&P 500 earnings per share (EPS) expected to grow 12% to $305, and six major tech companies contributing nearly half of the growth. While large tech companies remain the main drivers, Snider also expects earnings improvement among other index constituents. He noted that risks ahead include the Federal Reserve slowing its easing pace and margin pressures, but he remains broadly optimistic.