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@Block is reducing its workforce to 6,000 from over 10,000 amid concerns of stablecoin fee compression impacting traditional payment models. Shares rose over 23% post-announcement. #Update #Crypto $BTC
The Ethereum Foundation’s “Strawmap” draft outlines upgrades through 2029, aiming for faster finality, enhanced scalability, built-in privacy, and quantum resistance. Vitalik Buterin supports a shift towards seconds for transaction finality. #Update #Crypto $ETH
The OCC’s proposed stablecoin rules may hinder yield and rewards, impacting firms like @Circle and @Coinbase. Industry insiders suggest potential for negotiation despite concerns over regulatory overreach. #Update #Crypto $USDC
Real estate mogul @GrantCardone plans to tokenize his $5 billion portfolio, enhancing liquidity and collateral for investors. Tokenization faces regulatory hurdles but could grow to $4 trillion by 2035. #Update #Crypto $BTC
@VitalikButerin revealed a roadmap to secure $ETH against quantum computing threats, proposing changes to validator signatures and transaction data handling through EIP-8141. #Update #Crypto $ETH
@AnchorageDigital reports regulatory clarity is set to integrate crypto into 401(k) plans by 2026, following a shift from restrictive policies to facilitating access to alternative assets, including crypto. #Update #Crypto $BTC
Indiana’s legislature authorized public retirement plans to invest in digital assets and ETFs, with Governor Mike Braun expected to sign HB 1042 soon. The state also banned crypto ATMs due to fraud concerns. #Update #Crypto $BTC
Three companies, including @PrevalonEnergy and @AnchorageDigital, added Strategy’s Stretch (STRC) to their treasuries as it returns to $100 par value. Bitcoin trades above $68,000. #Update #Crypto $BTC
$UNI surged 15% as a Uniswap governance vote to expand its fee switch across eight additional chains gains traction, potentially adding $27M in annual revenue and enhancing UNI burns. #Update #Crypto $UNI
Bitcoin approached $70,000 before retreating to $68,300 as altcoins surged: $ETH +8.5%, $ADA +10.8%, and $SOL +6.9%. Market sentiment shifts as forced selling eases. #Update #Crypto $BTC
@Blockfills CEO Nicholas Hammer has resigned amid $75 million losses and suspended client withdrawals; Joseph Perry is interim CEO. The firm is seeking a buyer. #Update #Crypto $BTC $ETH
@Nvidia reported Q4 revenue of $68.1B, up 73% YoY, exceeding estimates. Data Center revenue hit a record $62.3B. Guidance for Q1 revenue is $78B, surpassing expectations. #Update #AI $NVDA
Bitcoin ($BTC) rallied over 10% to near $69,000 amid a broad crypto market relief rally, while analysts warn of persistent resistance and macro risks ahead. #Update #Crypto $BTC
@Kalshi penalized two users for insider trading, including MrBeast’s editor, Artem Kaptur, who was fined over $20K. Another user, Kyle Langford, received a 5-year ban for betting on his own candidacy. #Update #Legal
