Bitcoin Crashes to $66K as Fed Hints Rate Hike
Bitcoin ($BTC) dropped to $66,200, down 2.5% in 24 hours, as U.S. stocks faltered after hawkish Fed minutes hinted at possible rate hikes. #Update #Crypto $BTC
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Zora Launches on Solana Blockchain Revolution
@Zora moves to $SOL, launching “attention markets” for trading tokens linked to internet trends. Initial activity shows limited liquidity. #Update #Crypto $SOL
DeFi Lobbying Group Launches with $29 Million
@Hyperliquid has launched a U.S. lobbying group, the Hyperliquid Policy Center, with $29 million in HYPE tokens to influence DeFi regulation amid ongoing legislative discussions. #Update #Crypto $HYPE
Crypto Holders Fear IRS Tax Changes
Over half of U.S. crypto investors fear IRS penalties as new reporting rules take effect, requiring exchanges like @Coinbase to disclose transaction data, complicating tax compliance. #Update #Crypto $BTC $ETH
Crypto Fund Plummets 30% in Historic Loss
Investment manager @BrevanHoward’s cryptocurrency fund lost 29.5% last year, underperforming $BTC, which fell 6%. This marks its worst performance since inception in 2021. #Update #Crypto $BTC
Solana Launches Zora’s Attention Markets for Trends
@Zora launches “attention markets” on $SOL, enabling users to trade tokens based on internet trends. Initial activity saw market cap peak at $70K but struggled for liquidity. #Update #Crypto $SOL
Bitcoin Purchases $168 Million by Michael Saylor
@MicroStrategy continued its bitcoin strategy, acquiring 2,486 BTC for $168.4 million last week. Current holdings total 717,131 BTC at an average price of $76,027 per coin. #Update #Crypto $BTC
Ethereum Gains $90 Million as Sentiment Soars
@BitMine Immersion Technologies (BMNR) bought 45,759 $ETH for over $90M last week, raising total holdings to 4.37M tokens worth $8.7B amid depressed market sentiment. #Update #Crypto $ETH
Stablecoin Firm Bridge Secures Bank Charter Approval
@Bridge, a stablecoin infrastructure firm owned by Stripe, received conditional approval from the U.S. Office of the Comptroller of the Currency to form a national trust bank for issuing stablecoins. #Update #Crypto $USDC
Tether’s Tokenized Gold Dividends Launch by Elemental
@ElementalRoyalty Corporation (ELE) will offer dividends in Tether Gold (XAUT), marking a first for public gold companies; the tokenized gold market exceeds $5 billion. #Update #Crypto $XAUT
CFTC Launches Legal Battle Over Prediction Markets
U.S. Commodity Futures Trading Commission Chairman Mike Selig asserts federal jurisdiction over prediction markets, challenging state regulations; Utah Governor Spencer Cox counters, labeling them as gambling. #Update #Legal $CFTC
Crypto Tax Reckoning Hits Investors Hard
The IRS enters a new crypto tax enforcement era, requiring exchanges to issue Form 1099-DA by February 2026, increasing compliance scrutiny for users. #Update #Crypto $BTC $ETH
Cysic Launches Decentralized Compute Against Cardano
@Cysic founder Leo Fan criticized blockchain reliance on hyperscalers like Google Cloud, arguing it risks decentralization, while @Cardano’s Charles Hoskinson defended such partnerships for privacy-focused projects. #Update #Crypto $ADA
Bitcoin Proposal Blocks Spam Amid Heavyweight Criticism
A new Bitcoin Improvement Proposal, BIP-110, faces backlash from industry leaders like @Blockstream’s Adam Back, who argue it could harm Bitcoin’s reputation more than spam itself. $BTC #Update #Crypto $BTC