Tag: News

How Will Crypto Markets React as $3B in Bitcoin Options Expire Today?

Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This week’s expiry event is slightly larger than last week’s, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a...
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Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike

Bitcoin (BTC) held steady during Friday’s Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in 17 years while raising inflation forecasts. “If the outlook presented in the January Outlook Report will be realized, the Bank will accordingly continue to raise the policy...
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SEC repeals SAB 121, easing crypto custody rules

Today, on Jan 24. 2025, the Securities and Exchange Commission (SEC) issued a staff accounting bulletin that revered a previous bulletin that made public banks and other publicly traded entities treat digital assets held in custody differently on their balance sheets....
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BlackRock Goes Big: $600 Million Bitcoin Purchase Sparks Market Buzz

Guess who’s back and buying more Bitcoin? It’s Blackrock taking a bolder approach to the world’s top digital asset. According to Arkham Intelligence’s recent tracking, BlackRock reportedly bought $600 million worth of Bitcoin on January 22nd, the most significant buy this year. Arkham added that this latest acquisition pushed...
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Better Markets Files Amicus Brief Backing SEC in Ripple Case

Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple Labs. The organization argues that a prior decision by the District Court for the Southern District of New York undermines investor...
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Amid Trump, Melania Token Frenzy, Ethereum’s Vitalik Buterin Warns Of ‘Unlimited Political Bribery’ Via Memecoins

Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), expressed concerns over the rise of political meme coins on Thursday, warning that they could become “vehicles for unlimited political bribery.” What Happened: In an X post, Buterin criticized the current state of the cryptocurrency industry, particularly the increasing popularity of political...
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