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Found 6844 news

  • Nvidia’s Vera Rubin keeps crypto networks like Render in demand
    Cointelegraph.com - 13:59 Jan 08, 2026
    Nvidia’s Vera Rubin slashes AI costs, challenging decentralized GPU networks like Render that thrive on scarce and underused computing power. Computing powerhouse Nvidia’s Rubin platform can cut the cost of running advanced AI models, a claim that challenges crypto networks built to monetize scarce GPU compute. Officially launched Monday at CES 2026, Rubin is Nvidia’s new computing architecture that improves the efficiency of training and running AI models. It is deployed as a system of six co-designed chips — branded under the Vera Rubin name in honor of the American astronomer Vera Florence Cooper Rubin — and is now in “full production,” Nvidia CEO Jensen Huang said. For crypto projects built on the assumption that compute stays scarce, those gains can challenge the economics behind their models. Read more
  • China’s interest-bearing digital yuan piles pressure on US stablecoin rules
    Cointelegraph.com - 13:52 Jan 08, 2026
    China’s move to pay interest on the digital yuan is colliding with the GENIUS Act’s ban on stablecoin yields, intensifying questions over whether US digital dollars can remain competitive. China’s move to let banks pay interest on digital yuan wallets from Jan. 1 is sharpening the debate in Washington over whether United States dollar stablecoins are being left structurally uncompetitive by the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s ban on yields.  The move allows China’s commercial banks to pay interest on balances held in e‑CNY wallets, with officials framing it as a way to better integrate the central bank digital currency (CBDC) into bank balance sheets. ​Coinbase CEO Brian Armstrong warned in an X post on Wednesday that the decision gives China a “competitive advantage” over US dollar stablecoins and has a “big impact on whether US stablecoins are competitive.” Read more
    Tags: China
  • Florida narrows scope of revived Bitcoin reserve proposal for 2026
    Cointelegraph.com - 13:15 Jan 08, 2026
    The proposal reduces Florida’s crypto ambitions, effectively limiting eligible assets to Bitcoin and distancing it from pension exposure. Florida lawmakers are advancing a proposal that would allow the state to create a strategic cryptocurrency reserve, narrowing earlier efforts to a framework that would effectively limit holdings to Bitcoin. According to Florida’s legislative records, Senate Bill (SB) 1038, sponsored by Republican Senator Joe Gruters, was filed on Dec. 30 and was referred to the Appropriations Committee on Agriculture, Environment, and General Government on Wednesday, where it must clear hearings and votes before advancing to the Senate floor.  The bill would establish a Florida Strategic Cryptocurrency Reserve, managed by the state’s chief financial officer (CFO), which would allow the office to purchase, hold, manage and liquidate cryptocurrency under a standard similar to those governing public trust assets.  Read more
  • Binance expands into precious metals with gold, silver futures settled in USDT
    Cointelegraph.com - 12:32 Jan 08, 2026
    Binance launched gold and silver perpetual futures settled in USDT, expanding crypto-denominated access to precious metals markets. Binance launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets. Binance said Thursday it had introduced gold and silver perpetual futures that allow investors to trade the metals around the clock without an expiration date. The contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders onchain access to price movements in precious metals rather than direct ownership of the underlying assets. Read more
  • Banks must upgrade their blockchain infrastructure
    Cointelegraph.com - 12:30 Jan 08, 2026
    Banks risk falling behind if they cling to private blockchains. Upgrading to public, permissioned layer-2 infrastructure with ZK-proofs is essential for modern finance. Opinion by: Igor Mandrigin, co-founder and chief technology and product officer of Gateway.fm For years, private distributed ledger systems, like Hyperledger, have provided banks with a secure means to explore blockchain technology without venturing into public networks. These frameworks delivered privacy, permissioned access and a sense of institutional control — qualities that undoubtedly appealed to traditional finance players when the crypto market was still viewed as the Wild West. The environment has changed fundamentally since then, as tokenized assets, stablecoin settlements and institutional crypto exposure have quickly become the standard. The closed, permissioned models that once spoke to the risk-averse tendencies of banks now hold them back. At this critical geopolitical and macroeconomic juncture, financial institutions need to m...
    Tags: Banks
  • Bitcoin price may bottom at $88K next cycle if last CME gap stays open
    Cointelegraph.com - 10:20 Jan 08, 2026
    Bitcoin filled one of two new futures gaps with a trip below $90,000 as analysis predicted a potential bottom level for the next BTC price cycle. Bitcoin (BTC) dipped below $90,000 Thursday as market participants see a classic short-term target coming next. Key points: Bitcoin dices with the 21-day moving average trendline as it fills open gaps in CME futures markets. Read more
    Tags: Bitcoin
  • CZ-backed YZi Labs escalates fight over CEA’s ‘poison pill’ and BNB treasury strategy
    Cointelegraph.com - 09:52 Jan 08, 2026
    YZi Labs is challenging CEA Industries’ newly adopted poison pill and bylaw changes, accusing the board of entrenchment and misrepresenting its commitment to a BNB treasury. Changpeng “CZ” Zhao-backed YZi Labs has escalated its campaign against CEA Industries over a newly adopted poison pill (a defensive tactic a company’s board uses to make a hostile takeover extremely difficult or expensive), and bylaw amendments that it claims are “stockholder-unfriendly” and intended to entrench the current board.  The investment firm, backed by Binance founder CZ, outlined its objections in a Monday filing with the United States Securities and Exchange Commission (SEC) and in a parallel public X statement on Wednesday. ​YZi said it is reviewing CEA’s adoption of a shareholder rights plan and bylaw changes that affect shareholders’ ability to act by written consent.  Read more
  • BitMine buys $105M Ether to kick off 2026, still holds $915M in cash
    Cointelegraph.com - 09:27 Jan 08, 2026
    The largest corporate ETH holder started 2026 with a $105 million Ether purchase, while surpassing $2.87 billion in staked Ether, seeking to generate passive yield on its holdings. BitMine Immersion Technologies, the largest known corporate holder of ether, resumed purchases of the cryptocurrency in the new year, signaling continued confidence in Ethereum even as some analysts expect near-term price weakness. BitMine bought $105 million worth of Ether (ETH) in its first reported acquisitions of the new year, according to a Wednesday X post from blockchain data platform Arkham. The treasury company now holds 4.07 million Ether worth $12.6 billion, representing 3.36% of the ETH supply, according to data from the StrategicEthReserve. Read more
  • India tax authorities warn crypto undermines tax enforcement
    Cointelegraph.com - 08:40 Jan 08, 2026
    Officials told a parliamentary panel that private wallets, offshore exchanges and cross-border DeFi activity make tracking taxable crypto income difficult. Financial authorities in India have reiterated concerns over cryptocurrency transactions, warning they may complicate tax enforcement. India’s Income Tax Department (ITD), under the Central Board of Direct Taxes (CBDT), flagged major risks linked to crypto activity during a parliamentary standing committee on finance, The Times of India reported on Thursday. The warning came during a Wednesday parliamentary committee meeting involving multiple agencies, including the Financial Intelligence Unit (FIU), the Department of Revenue, and the CBDT, which discussed the report “A Study on Virtual Digital Assets (VDAs) and Way Forward.” Read more
    Tags: India
  • Wyoming rolls out state-backed FRNT stablecoin to the public
    Cointelegraph.com - 01:49 Jan 08, 2026
    Wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token" to be issued by a US public entity, says state Governor Mark Gordon. Wyoming’s Frontier Stable Token (FRNT), the first stablecoin issued by a US state, is now available to the public following delays caused by lingering regulatory hurdles. The state’s Governor Mark Gordon said on Wednesday that it is “the first fiat-backed, fully-reserved stable token to be issued by a public entity in the United States.”  He added that the token would provide “a cheaper, faster, and more transparent means of transacting,” and would be “another source of funding for our schools and can lower the taxpayer burden in our state.” Read more
  • Trumps' World Liberty Financial applies for banking charter to expand USD1
    Cointelegraph.com - 00:44 Jan 08, 2026
    The Trump family’s World Liberty Financial filed for a banking charter to gain greater control over its USD1 stablecoin and expand its adoption among institutions. The Trump family’s crypto platform, World Liberty Financial, has filed for a national trust banking charter to accelerate the institutional adoption of its USD1 stablecoin. World Liberty said on Wednesday that its subsidiary WLTC Holdings filed with the Office of the Comptroller of the Currency (OCC) for a charter that would allow it to issue, custody and convert its stablecoin in-house, rather than rely on third-party providers such as BitGo. “Institutions are already using USD1 for cross-border payments, settlement, and treasury operations,” said World Liberty CEO Zach Witkoff. “A national trust charter will allow us to bring issuance, custody, and conversion together as a full-stack offering under one highly regulated entity.” Read more
  • Solana's stablecoin market cap surges by $900M in 24 hours
    Cointelegraph.com - 21:59 Jan 07, 2026
    Stablecoins are emerging as critical infrastructure across both decentralized and traditional financial applications worldwide. The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday.  Stablecoins, blockchain tokens backed by fiat currency or debt assets, surged to a market cap of $15.3 billion on the Solana network, according to DeFiLlama.  The dramatic surge came as decentralized finance platform Jupiter launched its JupUSD stablecoin, developed in partnership with synthetic stablecoin issuer Ethena. Read more
    Tags: Solana
  • Crypto reps fly to US capitol this week to address market structure bill
    Cointelegraph.com - 21:50 Jan 07, 2026
    The Digital Chamber will facilitate engagement with representatives from several digital asset companies in Washington, D.C., on Thursday, ahead of a markup on a major crypto bill. With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the bill. Speaking with Cointelegraph on Tuesday, Cody Carbone, CEO of crypto advocacy organization The Digital Chamber, said it was “possible, if not likely,” that the Senate Agriculture Committee would hold a markup on its version of the Responsible Financial Innovation Act (RFIA) — the market structure bill — at the same time as the Senate Banking Committee. Senator Tim Scott, who chairs the banking committee, said on Tuesday that the body would vote on market structure on Jan. 15. Ahead of consideration by both committees, the Digital Chamber said it had been “intimately involved” in drafting the legis...
  • Gate becomes latest crypto exchange to embed AI market intelligence
    Cointelegraph.com - 21:40 Jan 07, 2026
    The new GateAI feature offers automated market summaries and decision-support tools without enabling automated trading. Cryptocurrency exchange Gate has added an AI-powered market analysis tool, called GateAI, to its trading app, offering automated summaries and explanations of market data. GateAI is available in version 8.2.0 and above of the Gate app and can be accessed across multiple areas of the platform, including token search, spot charts and the community feed. The company said the tool organizes market information based on existing data and is designed to flag uncertainty when conclusions cannot be verified. According to Wednesday’s announcement, the feature is intended as a decision-support tool rather than an automated trading system, providing contextual information such as market factor breakdowns and basic risk indicators, while leaving trade execution under user control. Read more
    Tags: Gate
  • Babylon receives $15M from a16z Crypto to expand Bitcoin-native lending
    Cointelegraph.com - 20:48 Jan 07, 2026
    The investment was made through the purchase of BABY tokens to support the development of Babylon’s trustless Bitcoin collateral infrastructure. Babylon, a decentralized protocol focused on enabling native Bitcoin staking and lending, received $15 million in funding from a16z Crypto through the sale of Babylon's native BABY (BABY) tokens to the digital asset arm of Andreessen Horowitz. In a blog post published Wednesday, a16z Crypto said the funding will support continued development of the protocol’s Bitcoin-native infrastructure. “Bitcoin’s limited programmability” has left large amounts of Bitcoin (BTC) sitting idle, the blog reads, arguing that enabling its use as collateral could unlock a major source of onchain capital and allow BTC to function as a productive asset within decentralized finance (DeFi). Read more
  • 60K Bitcoin absorbed by accumulators as miners send it to exchanges: Will rally stall?
    Cointelegraph.com - 20:45 Jan 07, 2026
    Bitcoin accumulators absorbed 60,000 BTC, but miners sending their rewards to exchanges could lead to overhanging sell pressure. Bitcoin’s (BTC) early-January rally is unfolding against a mixed on-chain data backdrop, where strong accumulation demand is colliding with renewed miner distribution.  Key takeaways: Bitcoin accumulator addresses added roughly 60,000 BTC in six days, ending a multi-month consolidation phase. Read more
    Tags: Bitcoin
  • Polymarket, Dow Jones deal puts prediction markets data in Wall Street Journal
    Cointelegraph.com - 20:06 Jan 07, 2026
    The companies are partnering to make prediction markets available with “dedicated data modules” on Dow Jones-owned websites and some of its print media. Polymarket has partnered with Dow Jones to make its predictions market data available to users on multiple platforms. In a Wednesday notice, Polymarket and Dow Jones said the predictions market data would be available on The Wall Street Journal, Barron’s, MarketWatch and Investor’s Business Daily, among others. According to the companies, Polymarket will be featured in “dedicated data modules” on websites and select print placements. Dow Jones CEO Almar Latour said the decision was based on helping clients “better interpret market sentiment and assess risk.” Polymarket founder and CEO Shayne Coplan said the partnership would combine “journalistic insight with real-time market probabilities.” Read more
  • Bitcoin averages 100% return after down years: Will the pattern repeat in 2026?
    Cointelegraph.com - 19:45 Jan 07, 2026
    History shows Bitcoin’s rare down years have been followed by triple-digit rebounds, keeping 2026 firmly on traders’ watchlists. Bitcoin (BTC) ended 2025 slightly in the red with a -6.36% return after a strong start earlier in the year. While the annual loss appears modest, historical patterns suggest that down years have often preceded some of Bitcoin’s strongest rallies. Key takeaways: Bitcoin has historically averaged close to 100% gains in the year following a down year. Read more
    Tags: Bitcoin
  • Ray Dalio says 2026 US midterm elections could reverse Trump policies
    Cointelegraph.com - 19:05 Jan 07, 2026
    The balance of power tends to shift every two years because political parties typically overpromise and underdeliver, according the billionaire hedge fund manager. The balance of power in the United States Congress may shift in favor of Democrats in the 2026 midterm elections, fueled by inflation concerns, threatening to undo regulatory policies under the Republican Party and US President Donald Trump, according to billionaire hedge fund manager Ray Dalio. “The affordability issue will probably be the number one political issue next year, contributing to the Republicans losing the House and a very messy 2027 on the way to a very interesting 2028 election,” Dalio said, adding: The crypto industry is one of the biggest beneficiaries of the Trump administration’s tech-focused policy agenda centered on digital technology and artificial intelligence  Read more
  • Price predictions 1/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH, LINK, HYPE
    Cointelegraph.com - 18:34 Jan 07, 2026
    Bitcoin and select major altcoins are facing selling near their overhead resistance levels, but the pullback is expected to find support at the nearest moving averages. Key points: Bitcoin turned down from its overhead resistance but is expected to find support at the moving averages. Select major altcoins are facing selling near their overhead resistance levels, but the shallow pullback suggests the recovery may continue. Read more

6844 items