JUST IN: Self-custody wallet provider Ctrl Wallet, formerly XDEFI, is seeking acquisition opportunities to scale and compete with larger players, as announced by CEO Emile Dubie.
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STUDY: Illicit blockchain use now represents just 0.4% of crypto transactions, with TRON seeing the largest decline, as TRM Labs reports a 24% drop in illicit on-chain volume to $45 billion, aided by global law enforcement and industry efforts.
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JUST IN: NBC News reports that TikTok CEO Shou Zi Chew will attend Donald Trump’s second inauguration alongside major tech leaders, as TikTok faces a potential U.S. ban, with Trump advocating for a delay to negotiate a resolution protecting free speech and addressing security concerns.
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JUST IN: Jito Labs in statement today says that Rebecca Rettig, a crypto legal veteran, will join Jito Labs as its first chief legal officer on January 20 to help the firm navigate the evolving regulatory landscape.
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STUDY: A research from Bitget Research reveals Japan's cryptocurrency market as one of the first, with 350,000 daily traders and it is shaped by strong regulations, spot trading, NFT interest, metaverse gaming, and a preference for localized and leading exchanges like Uniswap.
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RECENTLY: Justin Sun has launched USDD 2.0 with a 20% APY fully subsidized by TRON DAO, aiming to revive the decentralized stablecoin's appeal amid a $746 million market cap.
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ANALYSIS: Solana has surged 15.2% in the last 24 hours, reaching $214, driven by optimism around Donald Trump's crypto-friendly policies, increased trading volume by 138%, and momentum nearing its all-time high of $263 from November 2024.
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JUST IN: A crypto market rally, led by Bitcoin briefly surpassing $100,000, triggered $372 million in liquidations, primarily impacting short traders, according to data from CoinGlass.
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TODAY: South Korea’s Financial Intelligence Unit (FIU) has reportedly notified crypto exchange Upbit of potential sanctions for failing to comply with anti-money laundering and KYC regulations, potentially restricting new customer-related business for up to six months.
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RECENTLY: According to a report, BitMEX, operated by HDR Global Trading Limited, was fined $100 million by U.S. authorities for anti-money laundering violations, marking a significant enforcement action against the crypto sector.
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JUST IN: Web3 anti-scam platform ScamSniffer reports a 2000% surge in Telegram malware scams since late 2024, where bad actors use fake groups and verification bots to distribute malware that steals users' assets.
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OPINION: Robert Kiyosaki said Bitcoin could reach $250,000 within the year after surpassing $100,500 and plans to increase his BTC holdings once it crosses $100,000.
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RECENTLY: President Biden imposed new sanctions on over 250 Russian entities, designed to be difficult to reverse under a Trump administration, targeting Russia’s economy, military sector, and sanctions evasion networks involving China, per report.
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RECENTLY: Dubai's DMCC and REIT Development have announced plans for the world’s first Crypto Tower, a blockchain-integrated hub set to open in 2027, featuring dedicated spaces for crypto firms, AI innovation, NFT art, and luxury assets.
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JUST IN: BTguru announced a partnership with Chainlink to advance institutional adoption of tokenized securities in Turkey, enhancing the security, liquidity, and utility of assets on its platform.
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JUST IN: Solana-based social graph protocol Tapestry has raised $5.75 million in Series A funding, valuing its equity at $35 million and its token network at $70 million, with Union Square Ventures and Fabric Ventures leading the round.
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JUST IN: Binance Poland will implement changes to its withdrawal and deposit procedures, requiring users to provide additional details for transactions above €1,000 to comply with EU regulations, including sender and beneficiary information for deposits and withdrawals.
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OPINION: Scott Bessent, Donald Trump’s pick for Treasury Secretary, championed Elon Musk's Department of Government Efficiency (D.O.G.E.) at his Senate confirmation hearing, calling it crucial for cutting a third of the federal budget while maintaining key programs like Social Security.
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TODAY: Former BinanceUS chief Brian Shroder’s stablecoin payments network, 1Money, has raised $20 million in seed funding to develop a protocol designed for instant, fixed-cost transactions with multicurrency support, aiming to modernize global finance.
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RECENTLY: Russian influencer Valeria Fedyakina, also known as "Bitmama," is accused of embezzling $21.3 million through fake crypto investments, with her assets frozen and a potential 10-year prison sentence, per TASS.
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JUST IN: Coinbase has reintroduced Bitcoin-backed loans through a partnership with Morpho, allowing users to borrow up to $100,000 in USDC instantly with a minimum collateral ratio of 133%, marking a return to Bitcoin lending after discontinuing its Borrow program in 2023.
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OPINION: Industry expert Chris Burniske suggests that Bitcoin may move away from its traditional four-year price cycle, with future drawdowns potentially moderating to around 60% under a supportive U.S. administration.
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TODAY: U.S. stocks surged, with the S&P 500 up 1.8% and Nasdaq rising 2.5%, driven by lower-than-expected inflation and strong bank earnings.
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RECENTLY: Oklahoma lawmakers are pushing to adopt Bitcoin as a reserve asset through the Strategic Bitcoin Reserve Act, aiming to incorporate BTC into state pension funds and savings, per report.
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RECENTLY: Cryptocurrency-friendly trading platform eToro has filed confidentially with the SEC for a potential U.S. IPO, which could value the company at over $5 billion and take place as early as Q2 2025, per Financial Times.
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RECENTLY: Three major Argentine companies- Mercado Libre, Globant, and Bitfarms hold Bitcoin as reserves, highlighting Argentina's growing corporate adoption of BTC, similar to trends in the U.S, per report.
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ANALYSIS: Crypto analyst Sherpa predicts further gains for Solana (SOL), sees AI16Z as bottomed out after a 12,659% surge, and highlights AIXBT’s strong moves following its Binance spot listing.
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ANALYSIS: Bitwise Asset Management projects Solana (SOL) to reach $2,318 in a bear case and $6,636 in a bull case by 2030, citing strong network growth, scalability, and dominance in transactions over Ethereum.
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STUDY: A CryptoQuant survey found that over 60% of crypto investors are young (25-44), highly educated, predominantly male (89%), and mostly invest under $10,000 annually, with Asia leading in user concentration.
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JUST IN: imgnAI announced the launch of PumpNai, a platform enhancing customizable AI agents and on-chain tokens with blockchain integration.
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