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
π΅οΈ 1,296.50 #BTC ($109,423,247)
aggregated inflows to Binance link
aggregated inflows to Binance link
πΊπΈπ Senate reaches spending deal to avoid US government shutdown.
πΊπΈπ President Trump sues IRS and US Treasury for $10 billion over tax return leaks.
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π£ President Trump to announce new Federal Reserve Chair tomorrow morning.
πΊπΈπ΅οΈ The U.S. Department of Justice announced that it obtained legal title to over $400 million in cryptocurrencies, real estate, and monetary assets related to the darknet mixing service Helix. Operator Larry Dean Harmon pleaded guilty to conspiracy to commit money laundering in August 2021 and was sentenced in November 2024 to 36 months in prison, three years of supervised release, and asset forfeiture. Helix processed over $300 million in crypto transactions from 2014 to 2017. link
π€ Kazakhstan's central bank investment subsidiary NIC plans to enhance national crypto reserves using seized cryptocurrencies, gold, and foreign currency, with an allocation of $350 million. Director Timur Suleimenov mentioned that purchases will occur through five hedge funds. President Kassym-Jomart Tokayev reported that police have shut down 130 illegal exchanges, generating approximately $124 million in revenue, and seizing assets exceeding $5 million. #regulation link