πΊπΈπ½ The White House is negotiating with Democrats and Republicans in the Senate on a compromise version of the Department of Homeland Security (DHS) budget. Even if the Senate separates the DHS budget from the six spending bills and approves the other five, there is a 78% chance of a shutdown this Saturday due to disagreements between the Senate and House versions. The House needs to revise the bill and separately consider the DHS budget, but it is not in session this week and cannot take action quickly.
πΊπΈπ
ββ #macro The US Senate blocks spending package, bringing government closer to shutdown.
π΅οΈ 1,415.23 #BTC ($120,652,534)
aggregated inflows to Binance link
aggregated inflows to Binance link
π£ President Trump to announce new Fed Chair to replace Jerome Powell next week. #macro
π½ Regulators Under Trump Say They Are Ready to Establish Rules for the Cryptocurrency Market to Stimulate Its Growth - WSJ
SEC Chairman Paul Atkins stated that regulators are prepared to lay out rules for cryptocurrencies after legislative progress faced difficulties.
SEC and CFTC expect to sign a memorandum of understanding (MOU) on overseeing the cryptocurrency market. #regulation
SEC Chairman Paul Atkins stated that regulators are prepared to lay out rules for cryptocurrencies after legislative progress faced difficulties.
SEC and CFTC expect to sign a memorandum of understanding (MOU) on overseeing the cryptocurrency market. #regulation
π½ Paul Atkins said the SEC and CFTC are preparing coordinated crypto oversight, including an expected MOU, per the WSJ. #regulation
π₯· Ethereum developer Griff Green announced that a portion of unclaimed funds from the 2016 The DAO hack will be used to create the TheDAO Security Fund, aimed at enhancing Ethereum security. Approximately 20% of the original recovery funds, initially around $6 million, are now valued at roughly $200 million, which includes about 70,500 ETH along with some ETH and DAO tokens. #hack link
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π #BTC The future is hyperbitcoinization, but currently, Bitcoin is too small to compete with sovereign debt. This situation is acceptable as gold's performance is bullish for Bitcoin, while fiat currencies are declining. Gold leads in liquidity, and Bitcoin reacts to liquidity changes, which is a well-known pattern.
By Jack Mallers: link
By Jack Mallers: link
π§βπ» Andre Cronje's Flying Tulip Raises Additional $75.5 Million at $1 Billion Token Valuation - The Block
πΊπΈπ½ The CEO of Robinhood met with representatives of the US government to discuss legislation on the structure of the cryptocurrency market. Regulation is a key focus in these discussions.
πΊπΈπ According to Bloomberg, Michael Selig, chair of the U.S. Commodity Futures Trading Commission, announced plans to create new rules for prediction markets. The agency will formally withdraw a 2024 proposal aimed at banning sports- and politics-related event contracts and rescind a 2025 staff advisory, with the goal of reducing regulatory uncertainty and providing clearer oversight for the market. #regulation link
πΊπΈπ Bitcoin hashrate just saw its biggest drawdown since October 2021.
US winter storms forced miners offline, pushing hashrate down 12% since November 11 to 970 EH/s, the lowest since September 2025.
The decline had already started as #BTC corrected from $126K to ~$100K. link
US winter storms forced miners offline, pushing hashrate down 12% since November 11 to 970 EH/s, the lowest since September 2025.
The decline had already started as #BTC corrected from $126K to ~$100K. link
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π° Jan3: If you're going to lose your job, you probably want Bitcoin.
As AI drives the cost of labor to zero, the only safety net left is an asset that cannot be printed or manipulated. link
As AI drives the cost of labor to zero, the only safety net left is an asset that cannot be printed or manipulated. link
ππ± #BTC Santiment: According to social media data, the amount of negative commentary toward Bitcoin has spiked to (by far) the highest levels of the year. Crypto traders are expressing FUD over the coin's lowest market value ($84.2K today) since November 21st.
Historically, this switch to extreme fear is a signal that capitulation has almost occurred. With capitulation comes retail selloffs, and smart money will subsequently scoop up these coins to inevitably send prices higher.
For now, expect a bit more unpredictable turbulence as equities, gold, and silver have all experienced their own retraces that are impacting crypto markets.
Historically, this switch to extreme fear is a signal that capitulation has almost occurred. With capitulation comes retail selloffs, and smart money will subsequently scoop up these coins to inevitably send prices higher.
For now, expect a bit more unpredictable turbulence as equities, gold, and silver have all experienced their own retraces that are impacting crypto markets.
πΊπΈπ° Crypto Czar David Sacks says the US is "one step closer" to becoming the "crypto capital of the world."
π΅οΈ 348,000,000 #USDC (348,487,200 USD) transferred from Coinbase Institutional to Coinbase link