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Coinbase Subpoenaed in CFTC Investigation

Coinbase announced the receipt of a subpoena from the CFTC regarding its inquiry into Polymarket, a prediction market platform. The investigation focuses on compliance with trading regulations. Details about the nature of the allegations remain unclear, and Coinbase is cooperating with the regulators.

#Coinbase #CFTC #Polymarket #Crypto #Regulation #Trading #Compliance #Investigation


New Senate Crypto Subcommittee Announcement

The U.S. Senate Banking Committee is set to form a new cryptocurrency subcommittee, with Senator Cynthia Lummis likely to chair. Modeled after the House's version, approval of members will happen soon. For more details, read here: source.

#Crypto #Senate #CynthiaLummis #USDC #Binance #Blockstream #Wallet


Massive Crypto Transfers and Market Updates

📈 13,362,933 #XLM ($5.19M) moved from #Coinbase Deposits to Withdrawals. Details: Whale Alert

📈 Another 13,362,933 #XLM ($5.23M) transferred from unknown wallet to #Coinbase. Details: Whale Alert

🔝 Monthly Base volume on #Uniswap reached an all-time high of $15.65B. Check it out: Uniswap Status

💰 #Ethereum L2 Superseed raised $4.47M in a Public sale.

🍀 #0GLabs, a modular #AI chain, secured $32.24M.

💼 U.S. entities hold 65% more Bitcoin compared to non-U.S. entities, driven by significant players like #MicroStrategy and a renewed market optimism linked to political moves and ETF activities.

📉 Current Bitcoin price over $94,000. Spot Bitcoin ETFs witnessing impressive net inflows of $35.66B in 2024!

🌍 This U.S.-led Bitcoin accumulation prompts other regions to consider their own reserves.

🔬 Nick Szabo joins JAN3 as Chief Scientist, focusing on Bitcoin's global trade and monetary policy implications.

#Crypto #XLM #Coinbase #Uniswap #Ethereum #AI #MicroStrategy #Bitcoin #ETFs #NickSzabo #DeFi #Assets #Trading #MarketUpdate #Finance #Investment #Decentralization #Blockchain #WhaleAlert #Funding #VC


Major Bitcoin Transfers Noted Today

🚨 Large transfers reported:
- 1,297 #BTC ($120M) from unknown wallet to #Coinbase
- 46.8M #XLM ($18.6M) and 90.5M #XLM ($35.9M) transferred to SDF Operations.
- Additional 68.5M #XLM ($27.1M) moved from SDF Use-Case Investment to SDF Operations.

📊 Analysis of asset profitability since 2017:
- Weekly $25 investments would yield:
- Bitcoin: $123,386
- Gold: $16,770
- Stocks: $15,339
- Bitcoin profits 7x gold, 8x stocks.

🚨 US government cleared to sell 69,370 #BTC ($6.5B) seized from Silk Road.🔥 52M #USDC burned.

For more details, check the respective links!

#Bitcoin #XLM #Coinbase #USDC #DeFi #Crypto #VC #Economy #Investment #SDF #Profitability #WhaleAlert #Assets #SilkRoad #Funding #Trading #Blockchain #Market


Telecom Data Handled by Telegram Revealed

Telegram shared user data with U.S. authorities for 2,253 users in 2024, covering 14 requests about IP addresses and phone numbers. No requests were fulfilled from Russia or Ukraine during the same period. More details reported by Forklog.

#Telegram #US #Privacy #DataProtection


Solana and Crypto Custody Updates

In 2024, Solana's share of total Total Value Locked (TVL) rose to 6.8% from 2.6% at the year's start. Meanwhile, Standard Chartered, a major asset manager in Europe, is set to offer Bitcoin and crypto custody services, potentially transforming the crypto custody landscape. 🔗Read more 🔗Details

#Solana #Crypto #DeFi #Custody #TVL #StandardChartered #Bitcoin


Tech Companies Raise Millions in Funding

Several technology companies have secured significant funding in early January 2025:

- Xingran Technology: $13.7M for energy-saving fuel battery solutions (Jan 2).
- Ubiety Technologies: $10M to enhance AI for physical presence detection (Jan 7).
- Fermata: $10M for pest detection tech saving growers on crop loss (Jan 7).
- Vehant Technologies: $9M for security and traffic enforcement solutions in India (Jan 7).
- Teyan Semiconductor: $6.85M (Jan 2).
- Alta Resource Technologies: $5.10M for mining and mineral separation technologies (Jan 7).
- Nichefire: $2.6M focusing on predictive cultural intelligence (Jan 7).
- Moonrider: $2.22M (Jan 7).
- MobilTech: $2.04M utilizing lidar technology for various industries (Jan 2).

#AI #Tech #Funding #Energy #Security #CropTech #Minerals #Lidar #Automation #Innovation #VentureCapital #Startup #PresenceDetection #PestControl #TrafficSolutions #DigitalTwin


FTX Denies Backpack Exchange Acquisition Claims

FTX has refuted Backpack Exchange's claims of acquiring FTX EU, asserting that Backpack lacked authority to manage FTX Europe AG assets. The bankruptcy court supported FTX's position, calling Backpack's statements misleading. Read more: ForkLog

#FTX #BackpackExchange #Bankruptcy #Crypto #VC #EU


MicroStrategy Expands Bitcoin Holdings Again

MicroStrategy acquired an additional 1,070 BTC for $101 million, marking its ninth consecutive week of purchases. Current total holdings reach 447,470 BTC, valued at around $44.3 billion, significantly ahead of other public firms. Notably, U.S. entities control 65% more Bitcoin than foreign organizations combined. Read more

#MicroStrategy #Bitcoin #BTC #Crypto #Finance #SEC #Investments #WhaleAlert #BlockChain #DigitalAssets #MarketTrends #AI #VC


Innovations Unveiled at CES 2025

📍 CES 2025 showcases numerous tech innovations:
- *Land Aircraft Carrier*: modular flying car with built-in quadcopter
- *Portalgraph*: 3D projector displaying virtual objects in reality, surpassing Star Wars technology
- Room entirely made of displays
- *Roborock Saroz Z70*: robotic vacuum with a manipulator to lift objects
- *Yangwang U9* (BYD): vehicle jumping over obstacles
- Transparent wireless OLED display from LG
- *DIGITS*: NVIDIA's personal AI computer, 1000x more efficient than typical laptops
- *Halliday Glasses*: smart glasses with an AI assistant for real-time answers and translation
- *Samsung Vision AI*: TV with real-time translation, AI upscaling, and summarization features.
For more details, visit: latest updates.

#CES2025 #AI #Nvidia #LG #Robotics #TechInnovation #AV #SmartGlasses #DigitalTransformation


Bitcoin Sale Approved by U.S. Authorities

The U.S. Department of Justice has greenlit the sale of 69,370 BTC, valued at $6.5 billion, seized from the Silk Road dark web marketplace. 📈 More details here: Forklog

#Bitcoin #SilkRoad #Crypto #VentureCapital


Binance Hits 250 Million Users in 2024

Binance's 2024 annual report reveals:
- Registered users exceed 250 million, up 47% annually
- Processes 4.44 million requests per second
- VIP user count increased by 116%
- Institutional users surged by 97%
- Internal compliance team expanded to 650 experts

Read more: Binance Annual Report

#Binance #Crypto #Users #Compliance #RecordRequests #VIP #Institutional #2024 #AnnualReport #Finance #Blockchain #CFTC #Coinbase #EIP1559 #Polymarket #Subpoena #Legal #FTX #BackpackExchange #EUEntity


US Government Can Liquidate $6.5B Bitcoin

The US government has received clearance to liquidate 69,000 Bitcoins (valued at $6.5 billion) seized from the Silk Road, despite earlier promises not to sell. This decision follows the recent change in administration.

Details: DB News

Also, SEC Chair Gary Gensler featured on Bloomberg TV discussing crypto, describing it as filled with bad actors, and emphasizing the distinction between Bitcoin and other cryptocurrencies.

For more insights, visit: Wu Blockchain News

#Bitcoin #SilkRoad #DOJ #Crypto #SEC #Gensler #XRP #Upbit #WhaleAlert #Finance #CryptoNews #Blockchain #Market #Regulation #Trends #Investment #Sentiment #Fundamentals #Liquidity #Assets


Grayscale Rebalances Multiple Crypto Funds

Grayscale's recent portfolio adjustments (January 6, 2025):
- Decentralized AI Fund: Added Livepeer (LPT)
- Decentralized Finance Fund: Added Curve (CRV), removed Synthetix (SNX)
- Digital Large Cap Fund: Added Cardano (ADA), removed Avalanche (AVAX)
- Smart Contract Platform Ex-Ethereum Fund: Added Sui (SUI).

Read more: Grayscale Investments Announcement

#Grayscale #Crypto #AI #DeFi #LPT #CRV #SNX #ADA #AVAX #SUI


Solana Validators Test New Upgrade

Solana accelerates validator engagement with the early testing of the 'Firedancer' upgrade. This initiative aims to enhance its network capabilities and performance.

For more details, visit Coindesk.

#Solana #Firedancer #Blockchain #DeFi #Crypto #Bitcoin #MiCA #Regulations #EU #XLM #Kraken #MarkCuban #CryptoNews #MarketTransparency #ConsumerProtection #Oklahoma #Payments #DigitalAssets #Finance #Technology #Innovation #Economy


MicroStrategy Expands Bitcoin Holdings Again

MicroStrategy acquired 194,180 BTC in Q4 2024. Other companies like KULR Technology, Rumble, and Genius Group also added Bitcoin to their balance sheets. Additionally, Do Kwon's criminal trial is slated for January 2026, due to substantial evidence processing delays. Read more

#Bitcoin #MicroStrategy #Crypto #DoKwon #TerraUSD #VentureCapital #KULR #Rumble #GeniusGroup #Investments #Court #Trial #2026 #Q4 #Acquisition #Blockchain #DigitalAssets #Finance #Korea #News


Bitcoin Hits $94,000 Amid Massive Transfers

Bitcoin price moves to $94,000. Significant transfers noted: 1,497 BTC ($141M) moved to #Coinbase and 1,102 BTC (~$104M) from #Cumberland to unknown address. 50M #USDC minted and burned multiple times. Recent 24 hours saw $655M liquidated from the crypto market.

For detailed transactions:
- Whale Alert on BTC Transfer
- Whale Alert on Cumberland Transfer

#Bitcoin #USDC #Crypto #Coinbase #Cumberland #WhaleAlert #MarketLiquidation #BTC


Massive Fees and New Stablecoin Developments

A hefty fee of 1,068 #SOL ($208,692) paid for a single transaction. Whale Alert: Details. Elixir partners with Securitize to help Hamilton Lane SCOPE Fund holders access DeFi using the decentralized stablecoin deUSD. More info: source. Additionally, a total of 1,102 #BTC ($104,591,198) transferred from Coinbase Institutional to #Robinhood Details.

#SOL #BTC #DeFi #stablecoin #Elixir #Securitize #HamiltonLane #Crypto #Blockchain #Investment #Finance #WhaleAlert #Robinhood #CryptoNews #Transaction #Market #Token #Web3 #DigitalAssets #VC


Bhutan Recognizes Bitcoin, Ethereum as Reserves

Bhutan's capital, Thimphu, has declared Bitcoin, Ethereum, and BNB as part of its strategic reserves. This move aims to boost economic resilience and is aligned with the region's mining implementation plan. The administration will recognize digital assets with substantial market capitalization and liquidity, built on safe blockchains. Bhutan currently holds 11,688 BTC worth $1.1 billion and Ethereum valued at $2.2 million, along with other cryptocurrencies.

Read more: The Block | tl;dr

#Bhutan #Crypto #Bitcoin #Ethereum #BNB #DeFi #Blockchain #DigitalAssets #MarketCap


Bhutan to Adopt BTC, ETH, BNB Reserves

Bhutan SAR plans to include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) in its strategic reserves, marking a significant move towards integrating digital assets into its financial system. This decision follows a growing trend of nations recognizing the importance of cryptocurrencies for economic stability. For more details, click here.

#Bhutan #BTC #ETH #BNB #Crypto #VC

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