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Galaxy Digital has completed its first tokenized CLO, using blockchain infrastructure to bring private credit and crypto-backed loans onchain. Galaxy Digital has closed its first tokenized collateralized loan obligation (CLO), bringing private credit onto blockchain infrastructure. The deal, known as Galaxy CLO 2025-1, was issued on Avalanche and has financed roughly $75 million in loans so far, according to a Thursday announcement. The transaction is anchored by a $50 million allocation from Grove, an institutional credit protocol within the Sky ecosystem, formerly known as MakerDAO. “By uniting our strengths in debt capital markets, blockchain technology, and asset management, we're opening a new avenue for institutional engagement in credit markets—one that benefits from greater efficiency, transparency, and expanded collateral flexibility through onchain execution,” Chris Ferraro, president and chief investment officer at Galaxy, said. Read more
BitMine Immersion Technology will invest $200 million in MrBeast’s Beast Industries, linking crypto capital with the world’s largest creator platform. BitMine Immersion Technology has agreed to invest $200 million in Beast Industries, the entertainment company founded by YouTube star Jimmy Donaldson, better known as MrBeast, in a deal that marks one of BitMine’s largest non-core equity investments to date. BitMine will make a $200 million equity investment into Beast Industries, the company announced on Thursday. Donaldson operates a network of YouTube channels that collectively have more than 450 million subscribers, according to publicly available figures. Read more
AI is spreading across crypto trading, heightening fears of displacement even as human traders remain responsible for key decisions. Artificial intelligence (AI) is becoming embedded across crypto trading, accelerating analysis, execution and optimization processes previously handled by people. Investors and trading companies are being pushed to confront how much decision-making can be automated without diluting control, accountability or human judgment. Even as some projects are reaching for more autonomous trading systems, most AI tools in crypto remain tightly constrained. Humans still define strategies, set risk limits and take responsibility for outcomes, as machines take on much of the bandwidth used for data-heavy tasks, such as research and monitoring. Read more
Crypto markets saw the biggest short squeeze since October as short positions were liquidated and Bitcoin outperformed the US dollar amid geopolitical uncertainty. Cryptocurrency markets staged their largest short squeeze since the selloff in early October, as a rebound in prices forced bearish traders to unwind positions and fueled hopes of a broader recovery. Short liquidations across crypto futures and perpetual contracts climbed to about $200 million on Wednesday, the highest level since about $1 billion in short positions was wiped out during the October market crash, according to data shared by analytics firm Glassnode. The company said that it was the biggest short liquidation event across the 500 largest cryptocurrencies since the Oct. 10 selloff. The rebound follows a significant recovery in investor sentiment, which has flipped from fear to greed for the first time since early October, Cointelegraph reported earlier on Thursday. Read more
General-purpose blockchains can’t solve industry disputes over construction changes or equipment usage. Specialized layer 1s are optimized for stateless audit trails and regulatory compliance. Opinion by: Steven Pu, co-founder of Taraxa Across verticals, the same pattern shows up again and again, and it has nothing to do with decentralization. Businesses rush toward blockchain solutions to solve their daily operational nightmares — only to discover that Ethereum and Solana can’t actually address them. Consider a construction foreman who approved a last-minute design change over a quick phone call, only to get sued six months later when the customer says they never agreed to it. Or consider an equipment leasing company that watches its revenue share evaporate because clients dispute sensor data showing machine usage — data that could have been tampered with before reaching the blockchain. Read more
Industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement. India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore activity as regulatory compliance requirements continue to tighten. India’s current crypto tax framework, introduced in 2022, levies a flat 30% tax on crypto gains and applies a 1% tax deducted at source (TDS) on most transactions, whether they are profitable or not. At the moment, losses from trades can't be used to offset gains. Executives from major domestic exchanges say the existing tax regime, particularly transaction-level taxes and restrictions on loss setoffs, no longer reflects how the global digital asset market has evolved, nor India's own progress in strengthening oversight and enforcement. Read more
A pickup in Bitcoin spot demand and persistent spot ETF inflows could push BTC above the next significant hurdle at $98,000 and secure a sustained recovery. Bitcoin (BTC) rallied 10% from its yearly open near $87,500 before stalling below resistance, but analysts say the price remains positioned for higher targets if key supply levels are reclaimed and spot demand continues to build. Key takeaways: Bitcoin must take out resistance at $98,000 to trigger a rally to a six-figure BTC price. Read more
Sygnum predicts US crypto regulation will spur sovereign Bitcoin reserves and accelerate tokenized bond issuance by major financial institutions in 2026. US regulatory developments may unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group Sygnum. The highly anticipated CLARITY Act and potential passage of the Bitcoin Act may provide the legal framework that sovereign actors have been waiting for, Sygnum forecast in a Thursday report shared with Cointelegraph. The company said clearer rules in the US may inspire more trust in Bitcoin (BTC) as a treasury asset globally, predicting that at least three G20 or G20-equivalent economies will publicly add Bitcoin to their sovereign reserves. Read more
Bitcoin nears two-month highs as RSI divergence and a bullish MACD cross build, with BTC eyeing $101,000 as the next major reclaim level for trend confirmation. Bitcoin (BTC) bull signals are persisting as price hits new two-month highs near $98,000. Key points: Bitcoin price leading indicators point to bullish continuation after two-month highs. Read more
The London Stock Exchange's new Digital Settlement House uses tokenized bank deposits for instant, round-the-clock settlement across blockchain and traditional payment networks. The London Stock Exchange Group has rolled out a new digital settlement service to bring commercial bank money onto blockchain rails. The service, called Digital Settlement House (DiSH), enables instant settlement across both blockchain-based and traditional payment networks, operating around the clock across multiple currencies and jurisdictions, according to a Thursday announcement. At the core of the platform is DiSH Cash, a ledger-based representation of commercial bank deposits. Rather than relying on stablecoins, the system uses tokenized claims on actual bank deposits, providing what LSEG describes as a “real cash leg” for foreign exchange, securities and digital asset transactions. Read more
The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders push competing agendas. US Senator Cynthia Lummis reportedly expects the US Senate Banking Committee to delay its hearing on crypto market structure legislation after Coinbase withdrew support for the bill. There were already some murmurs of a CLARITY Act Senate markup delay on Wednesday, which were heightened following an X post from Bloomberg reporter Steven Dennis on Wednesday night, stating: Lawmakers have been consulting with members of the banking and crypto industries over provisions of the CLARITY Act for several weeks. Read more
Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation “materially worse” for the US crypto industry. Major US crypto exchange Coinbase says it has withdrawn its support for the Digital Asset Market Clarity Act, with CEO Brian Armstrong arguing that it would cause far more harm than good to the crypto industry in its current form. “This version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully we can all get to a better draft,” Armstrong said in an X post on Wednesday. “After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written,” Armstrong said. Read more
Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage. The layer-1 Sui blockchain is back online and “fully operational” after a six-hour network outage stalled transactions on the high-speed network. “Transactions are flowing normally. If you are still seeing issues, please refresh your app or browser window,” the Sui Foundation posted to X on Wednesday. The Sui Foundation confirmed the outage on Wednesday at 3:24pm UTC, informing its 1.1 million X followers that Sui core developers were actively working on a solution. Read more
Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions. Cryptocurrency industry leaders, US lawmakers and experts are weighing in on a digital asset market structure bill set for a markup in the Senate Banking Committee on Thursday, and each group has voiced different views about whether to support or oppose certain aspects of the legislation. In a Tuesday notice, Republicans on the Banking Committee, led by Senator Tim Scott, released a “myth vs. fact” sheet on the market structure bill, called the CLARITY Act. According to lawmakers in majority control of Congress, it was a “myth” that the legislation “was written by industry and serves industry interests,” claiming that it focused on investor protection. “The bill has been shaped by years of bipartisan work, extensive engagement with regulators and law enforcement, and a focus on public-interest outcomes,” said Senate Republicans. “It strengthens national security, protects in...
Bitcoin finds renewed strength as inflows to the spot BTC ETFs resume, but data questions whether bulls can push the price to $105,000. Key takeaways: Bitcoin’s move above $97,000 lacks confirmation in derivatives markets, with the options skew signaling caution toward any sustained rally. Geopolitical risks, falling treasury yields and weakening equities reinforce a risk-off setting that continues to limit Bitcoin’s upside. Read more
The Vienna-based crypto platform is weighing a potential 2026 listing in Germany as more digital asset companies position for public markets. Austria-based Crypto trading platform Bitpanda is moving forward with plans for a public listing in Frankfurt, targeting a debut in the first half of 2026 with a valuation of 4 billion euros ($4.7 billion) to 5 billion euros. The IPO could take place as early as the first quarter, with the company working alongside Citigroup, Goldman Sachs and Deutsche Bank, Bloomberg reported on Wednesday, citing people familiar with the offering. No final decisions have been made and the listing timeline may change. Founded in 2014, Bitpanda is a European fintech and crypto trading platform offering digital-asset services and investment products to more than 7 million users in the region, according to the company. Read more
XRP trades back above $2, and soaring institutional investor flows suggest the altcoin’s rally is just getting started. XRP (XRP) is holding above $2, but the move has yet to confirm a bullish shift, with a stronger technical validation expected at higher levels, according to an analyst. Key takeaways: XRP reclaimed its 50-day moving average in early January, signaling early signs of a trend reversal. Read more
The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto. Bitcoin mining company CleanSpark reached an agreement to buy land in Texas as part of a strategy to move deeper into AI and high-performance computing (HPC). In a Wednesday announcement, CleanSpark said it had entered a definitive agreement to buy 447 acres of land in Brazoria County, Texas as part of plans to develop a 300 megawatt (MW) data center, which could potentially be expanded to 600 MW. Combined with another initiative in the area, the data centers are “designed for artificial intelligence and high-performance computing workloads.” ”The demand for scaled, AI-native compute continues to accelerate, and access to transmission-level power in strategically advantageous regions has become increasingly constrained,” said CleanSpark chairman and CEO Matt Schultz. Read more
The listings give investors local-currency exposure to spot and staking-based crypto products through a regulated exchange, marking Bitwise's latest move in Europe. Digital asset manager Bitwise has listed seven crypto exchange-traded products denominated in Swedish krona on Nasdaq Stockholm, giving Swedish investors regulated exposure to Bitcoin, Ether and Solana. According to a Wednesday announcement, the SEK-denominated ETPs are available to retail and professional investors through existing brokerage accounts and may qualify for Sweden’s tax-advantaged ISK savings structure, depending on the platform. The listings include the Bitwise Core Bitcoin ETP, spot Bitcoin (BTC) and Ether (ETH) products backed by institutional custody, as well as staking-linked ETPs tied to ETH and Solana (SOL). Bitwise also listed a diversified MSCI Digital Assets Select 20 ETP tracking the largest cryptocurrencies by market capitalization, along with a hybrid product combining exposure to Bitcoin and gold. Read more
Bitcoin inches toward $100,000 as ETH and select altcoins look to make fresh 2026 highs. Do technical charts confirm that the bull market has restarted? Key points: Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500. Select major altcoins are showing strength, but Monero (XMR) is leading from the front. Read more8179 items