PermabullPete

Charles Hoskinson criticized Ripple CEO Brad Garlinghouse for supporting the CLARITY Act, labeling it a flawed compromise that empowers regulators and diminishes crypto freedoms. He argued that it could entrench problematic laws, urging leaders to resist accepting legislation that undermines the core principles of cryptocurrency.

A dormant Bitcoin whale transferred 909 BTC worth $84 million after 13 years. Originally received below $7, its value surged 13,900 times. This transfer, while small, is being monitored for market impact amidst recent selloffs by U.S. whales.

Injective has approved a governance proposal to enter a deflationary phase for its INJ token, tightening issuance and enhancing burn mechanisms. This change aims to significantly reduce token supply in alignment with network usage, though market reaction has been lukewarm.

Alibaba-backed Moonshot AI has reached a valuation of $4.8 billion after a $500 million increase due to strong performance from competitors and rising investor interest in Chinese AI ventures. Future funding rounds may further boost its value.

OpenAI plans to launch its first AI hardware device in late 2026, possibly a screenless wearable, aimed at enhancing daily interactions with AI. Further details remain undisclosed, with updates expected later in the year.

The White House has threatened to withdraw support for crypto legislation if Coinbase doesn't negotiate a favorable yield agreement, following Coinbase's exit from discussions, which officials deemed a betrayal of collaborative efforts.

Canaan Inc received a Nasdaq notice due to its shares falling below $1 for 30 days. The company has 180 days to regain compliance or may seek an additional period with specific requirements.

The DOJ confirmed that Bitcoin seized from the Samourai Wallet case will remain in the Strategic Bitcoin Reserve and will not be sold, despite earlier concerns about transfers. About 328,000 Bitcoin is held by the US government, valuing approximately $31.2 billion.

Belarusian President Lukashenko has enacted a decree to establish a legal framework for cryptobanks, aiming to position Belarus as a fintech hub. Only companies in the High-Tech Park and registered with the National Bank can operate, adhering to specific regulations.

Riot Platforms' shares rose over 7% after securing a data center lease with AMD and acquiring 200 acres in Rockdale, Texas. The $96 million purchase was funded by selling Bitcoin, enhancing Riot's data center capabilities significantly.

Newrez, a major US lender, will allow mortgage applicants to use Bitcoin, Ethereum, and certain stablecoins for asset verification starting in February, marking a significant shift in mortgage lending practices.

Jefferies' Christopher Wood has removed Bitcoin from his portfolio due to concerns over quantum computing's potential threat to its security. He highlights a shift towards physical gold and mining stocks, emphasizing gold's historical reliability as a store of value.

Interactive Brokers now allows clients to fund accounts using USDC stablecoin, enabling rapid deposits across global markets. The feature supports instant processing and will include additional stablecoins next week, enhancing user experience and market access.

Citrea has introduced ctUSD, a dollar-backed stablecoin for the Bitcoin ecosystem, ensuring compliance and reducing fragmentation. Backed by T-bills and cash, it aims to establish a secure liquidity layer without relying on third-party solutions.

A new MBA case study from IVEY Publishing highlights how Polygon achieved wallet acquisition costs below $1 through innovative strategies. Utilizing Addressable's technology, Polygon effectively targeted users in NFTs, gaming, DeFi, and enterprise, providing insights for future blockchain marketing.