China’s Decision To Pay Interest On Digital Yuan Gives Them Competitive Advantage Over The US, Says Brian Armstrong: ‘Rewards Benefit Ordinary People’
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong expressed concerns on Wednesday over the competitiveness of dollar-pegged stablecoins in light of China’s decision to pay interest on its central bank digital currency. Armstrong Questions Policymakers In an X post, Armstrong argued that China’s move to pay interest on its official digital currency, Digital Yuan,...
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Crypto Market Structure Bill Close to Passing: Senator Lummis
“We’ve come so far, and we are close to a bipartisan legislation that will stand the test of time,” said Wyoming Senator Cynthia Lummis on Wednesday. She pointed out that the industry has come a long way over the past five years, highlighting the FTX collapse, the Federal Reserve...
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XRP price cools after rally — can $2.00 support hold as whale activity rises to 3-month high?
XRP price is pulling back after a strong move higher, with price now testing whether buyers can defend the $2.00 area as large on-chain transfers increase. At press time, XRP was trading at $2.14, down 5% over the past 24…...
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Ripple Updates XRP ‘Fast Facts’ As ETF And Institutional Momentum Grows
RippleX, the developer-focused arm of Ripple,used a Jan. 6 X thread to refresh a set of “FAST FACTS” about XRP, framing the asset less as a speculative ticker and more as market infrastructure, arriving as spot ETF momentum and early institutional treasury narratives begin to form around the token....
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Gavin Newsom ‘Stealing’ People’s Bitcoin? Gemini Exchange Co-Founder Accuses California Governor Of Feeding His ‘Money Pit’ Machine
Tyler Winklevoss, co-founder of Gemini Space Station, Inc. (NASDAQ:GEMI), slammed the state of California and Governor Gavin Newsom on Wednesday for approving a bill that lets authorities take control of unclaimed cryptocurrency. Winklevoss Targets Newsom In an X post, Winklevoss alleged that the “failed state” of California wants to “steal”...
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Solana Accelerate to open Consensus Hong Kong in February
CoinDesk and the Solana Foundation said the developer event will kick off Consensus Hong Kong on Feb. 11, setting the tone for a week focused on builders, capital, and policymakers....
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Morgan Stanley Files For Ethereum ETF Amid Major Crypto Push
Wall Street behemoth Morgan Stanley is expanding its recent push into crypto Exchange-Traded Funds (ETFs) and has filed a registration statement for an Ethereum (ETH) Trust with the US Securities and Exchange Commission (SEC). Morgan Stanley Files For Ethereum Trust On Tuesday, banking giant Morgan Stanley submitted an S-1...
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Bitmine stakes additional $60M in ETH, bringing total to $2.62B
Bitmine appears to be expanding its Ethereum staking footprint as part of its evolving treasury strategy. Bitmine is pressing ahead with its Ethereum-first treasury play as staking activity continues to scale. The latest data was shared in a Jan. 8…...
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Crypto Market News Today, January 8: BTC USD Follows The Trend Line as Ethereum Price in Queue for A Breakout
Honestly, crypto feels deliberate as BTC USD drops again to under $91,000, as the range itself is getting wider, and it somehow says where the market stands right now. After an early-year rally of a good 8%, BTC USD is holding its ground. Ethereum, though, is following as it...
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Bitcoin Faces a $40T Debt Stress Test as a Quiet Buyer Steps In
Bitcoin is brushing up against a major macro story: U.S. government debt has passed $37 trillion, and some analysts are calling the next stretch a $40 trillion stress test for the system. BTC has held near recent highs while ETF inflows crossed $1.5 billion this month, a sign that...
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