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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
State of Illinoi pushes for strategic Bitcoin reserve with 5-Year holding mandate.
Illinois' HB1844 bill proposes establishing a state-run Bitcoin reserve, requiring a mandatory five-year holding period before any conversions or sales, positioning Bitcoin as a long-term financial asset in the state treasury. - CoinTelegraph : Leviathan News
In an informal on-chain vote, Ethereum community members nominated former Ethereum Foundation researcher Danny Ryan as the next leader of the Ethereum Foundation (EF) with 99% support. The vote was initiated by "votedannyryancom" and a total of 296 wallets participated, holding a total of more than 50,000 ETH, worth about $160 million. — link : Wu Blockchain News
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El Salvador revises Bitcoin adoption strategy to align with $1.4B IMF deal, making BTC acceptance voluntary instead of mandatory for businesses. - The Block : Leviathan News
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On January 29, the Bitcoin spot ETF had a total net inflow of $92.0895 million, and the Ethereum spot ETF had a total net outflow of $4.8176 million. — link : Wu Blockchain News
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Gemini co-founder Tyler Winklevoss tweeted that as long as MIT has any connection with Gary Gensler, Gemini will not hire any graduates from the school, and even our summer internship program will not recruit from the school. — link : Wu Blockchain News
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Frank Richard Ahlgren III, a Texas resident, was sentenced to two years in prison and ordered to pay $1,095,031 in restitution for tax crimes in the sale of $4 million worth of Bitcoin. This is the first purely cryptocurrency-related tax fraud case in the United States. Ahlgren moved Bitcoin through multiple wallets, conducted face-to-face peer-to-peer transactions, and used mixers such as CoinJoin and Wasabi Wallet to hide the flow of funds. — link : Wu Blockchain News
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Introducing Omni Account. a new paradigm for cross-chain interop by Rhinestone - a system to transform any ERC-7579 Smart Accounts (and “Smart EOAs”) into chain abstracted accounts, Built on Across Protocol in partnership with Magic Labs - blog.rhinestone.wtf : Leviathan News
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At the end of 2024, Tesla's 9,720 bitcoins had a market value of $1.076 billion, a significant increase from $184 million in previous quarters. The adjustment increased Tesla's GAAP revenue by $600 million, with overall GAAP revenue of $2.3 billion. — link : Wu Blockchain News
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GMCI launches index to track US-based crypto protocols like SOL, DOGE and more — link | tl;dr : unfolded. DeFi
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Federal Open Market Committee (FOMC) maintains interest rates at their current range of 4.25% to 4.5% - federalreserve.gov : Leviathan News
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🔥 🔥 🔥 67,130,178 #USDC (67,133,400 USD) burned at USDC Treasury
Details : Whale Alert
According to the SEC, the 19b-4 filing for the Canary Litecoin ETF has been acknowledged. The filing seeks public comments on the proposed rule change to list and trade the ETF’s shares under Nasdaq Rule 5711(d). — link : Wu Blockchain News
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REPORTEDLY: DEEPSEEK INTERNAL DATABASE PUBLICLY EXPOSED
*Wiz Research has discovered "DeepLeak" - a publicly accessible ClickHouse database belonging to DeepSeek, exposing highly sensitive information, including secret keys, plain-text chat messages, backend details, and logs. : infinityhedge
Banks can serve Bitcoin, crypto clients as long as they can manage the risk, Fed Chair Jerome Powell says — link | tl;dr : unfolded.
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JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says "banks are perfectly able to serve crypto customers." : Watcher Guru
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Over the last 24 hours, Hyperliquid generated more fees than Ethereum, highlighting its rising dominance in the crypto trading ecosystem. - Defillama : Leviathan News
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ABN AMRO and Germany-regulated 21X complete on-chain trade of tokenized assets against Stablecoins in pioneering Polygon testnet trial. - Coindesk : Leviathan News
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El Salvador passes bill to revise Bitcoin adoption strategy per IMF deal — link | tl;dr : unfolded.
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El Salvador's Congress has quickly approved legislation to amend its Bitcoin laws to comply with an agreement with the IMF to adjust its cryptocurrency exposure. The IMF asked the Bukele government to reduce its involvement in Bitcoin and make Bitcoin optional and voluntary for private sector merchants. — link : Wu Blockchain News
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A Chinese court ruled that the future trading of a cryptocurrency exchange was gambling, and external promoters and employees were convicted of being accomplices in the crime of opening a casino, but in the end they were basically sentenced to suspended sentences. — link : Wu Blockchain News
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FYI: 🟠 This cycle, bitcoin is leaving "crypto" in the dust.
By Tuur Demeester : Bitcoin
Sei Foundation launches $65 million venture fund "Sapien Capital — Open Science Fund I", focusing on the field of decentralized science (DeSci) and investing in startups built natively on the Sei blockchain. The fund does not provide grants, but rather makes equity or token investments of $100,000 to $2 million. — link : Wu Blockchain News
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JUST IN: 🇺🇸 Texas Lieutenant Governor Dan Patrick announces "Establishing the Texas Bitcoin Reserve" as a priority bill for the 2025 legislative session. : Bitcoin
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JUST IN: 🇺🇸 Illinois State Representative introduces bill to establish a Bitcoin Strategic Reserve. : Watcher Guru
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Crypto mobile wallet users hit an all-time high of 36 million in Q4, 2024 — link : unfolded.
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JUST IN: 🇺🇸 President Trump slams Fed Chair Jerome Powell
"If the Fed had spent less time on DEI, gender ideology, 'green' energy, and fake climate change, Inflation would never have been a problem." : Watcher Guru
JUST IN:T IN: Tesla $TSLA reveals none of their $1,200,000,000 Bitcoin was sold in Q4 2024. : Watcher Guru
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*POWELL: GREATER REGULATION ON CRYPTO WOULD BE HELPFUL : infinityhedge
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