Crypto News
Crypto Daybook Americas: XRP, AI Coins Eye Big Moves While Bitcoin in Stasis Ahead of CPI
By Omkar Godbole (All times ET unless indicated otherwise)The market is about to be hit with the first big U.S. economic event of 2025: December CPI data.With hawkish Fed fears in the air and bitcoin strengthening its correlation with tech stocks, Wednesday's report becomes even more significant for the digital assets market. The stalled liquidity inflows through stablecoins have also raised question marks on the sustainability of price recovery from under $90K, and traders are preparing for potential downside volatility by adding short-dated puts.Here’s what experts are saying about the upcoming event:QCP Capital"In crypto, cautious sentiment is evident in BTC options flows, with puts rolled below the key $90k support. Front-end vols and flies remain elevated, while the VIX...
BTC Donor Denied Bail: South African Law Enforcement Claims Incriminating Evidence, While Man Denies Accusations
A South African law enforcement agency has opposed bail for Ziyadh Hoorzook, who is accused of donating bitcoin to an organization allegedly funding terrorism. Hawks Say They Uncovered Compelling Evidence A South African law enforcement agency recently argued against granting bail to a man accused of donating $614 in bitcoin (BTC) to an organization allegedlySource link
Bitcoin Caught Up in a Macro-Driven Sell-Off, May Fall Further: Standard Chartered
Bitcoin (BTC) and other digital assets have dropped as part of a wider macro-driven sell-off in the market and there is a risk that forced selling could lead to further weakness, investment bank Standard Chartered said in a report on Monday.The market downturn was triggered by Federal Reserve Chairman Jerome Powell's hawkish press conference in mid-December.The bank noted that investors who took on bitcoin exposure after the U.S. election in November, are now "only breaking even," and there is a risk that forced or panic selling could add to the sell-off. This includes exchange-traded fund (ETF) buyers and BTC acquirer MicroStrategy (MSTR)."The risk of mark-to-market pain is building," wrote Geoff Kendrick, head of digital assets research at Standard Chartered.If the...
UNDER EXPOSED EP8 – AI coins and the future under a Bitcoin Presidency
MoonPay acquired Solana-native crypto payment processor Helio for $175M. The Jupiter team rolled out a new onboarding method allowing the gifting of SOL to friends with a few button clicks. Over 8M HYPE was staked in the first day following the ANIME announcement that some tokens would go to HYPE stakers. Chainalysis acquired Fraud Detection firm Alterya for $150M to help its efforts in stopping scammers. Layer Zero went live on Soneium, Sony's new EVM L2. Tether is moving to El Salvador after acquiring a Digital Asset Service Provider license in the Bitcoin-friendly country. Donald Trump is expected to issue several Crypto-focused executive orders on his first day according to the Washington Post, including a repeal of a crypto accounting...
Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave
Bitcoin (BTC) adoption by U.S.-listed public companies continues in full steam.The latest purchase comes from NYSE-listed Genius Group (GNS). On Jan. 10, GNS reported increasing its bitcoin holding to $35 million, which was ahead of its scheduled target of $120 million. In the process, it acquired 372 BTC at an average price of $94,047 per bitcoin. The first announcement came on Nov. 12, when it announced its "Bitcoin-first" strategy.On Tuesday, GNS also reported a rights offering, allowing shareholders to purchase additional shares at discounted prices. If fully subscribed, the rights offering could generate $33 million. GNS founder and CEO Roger Hamilton intends to buy join in the rights offering and buy 500,000 shares.The firm is also pursuing loan finances to...