Friday, January 30

Crypto

AI Data Centers Face Local Pushback Seen in Bitcoin Mining

For years, Bitcoin miners expanding across the United States learned that access to cheap power and industrial land did not guarantee community acceptance. Now, as AI hyperscalers and developers race to build power-dense data centers, they are encountering similar local…

US Marshals Investigate Claims around Stealing M in Seized Crypto

The US Marshals Service confirmed “the matter is under investigation” following claims that millions in government-seized crypto was stolen.US authorities have confirmed that an investigation is underway into claims that the son of a federal contractor tasked with safeguarding seized…

February is BTC’s Most Reliable Bullish Month: Analyst

Bitcoin’s (BTC) monthly gains have been limited to just 2.2%, but February could mark a bullish shift. Since 2016, the week ending Feb. 21 has recorded the highest median return at 8.4%, with Bitcoin closing higher 60% of the time.Key…

Nomura-Backed Laser Digital Reportedly Applies for US Bank Charter

Laser Digital, a full-service digital asset company backed by Japanese financial group Nomura, has reportedly filed for a US national bank trust charter, signaling that crypto-focused companies are seeking deeper integration into the US financial system amid a more permissive…

Privacy Blockchains Seek Stablecoin Access as USDC Expands

Circle has introduced a privacy-focused version of its USDC stablecoin on Aleo, highlighting a broader push by privacy-oriented blockchains to gain access to regulated, dollar-backed assets as demand for onchain privacy tools grows.Circle and Aleo announced Tuesday that USDCx on…

Kalshi Expands Political Footprint with DC Office, Democratic Hire

The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.Predictions market platform Kalshi said it will open an office in Washington, D.C., and hire “talent from both sides of the aisle”…

UK Avoids ‘US Malaise’ as FCA Finalizes Rules

The UK’s top financial regulator is finalizing its framework for the crypto industry. The rulemaking process has been long, but industry observers note that the country has avoided the political tit-for-tat that is hampering the US CLARITY Act.On Jan. 23,…

Bitcoin May Dip Below ,000 in This Week’s Volatility

Bitcoin (BTC) saw modest volatility around Tuesday’s Wall Street open as BTC price analysis saw a market bottom by the end of the month.Key points:Bitcoin should be safe from new local lows for the current US session, but the week…

US ‘Crypto Capital’ Claim Meets Developer Pushback

The White House praised President Donald Trump for making the United States the “crypto capital of the world,” and cast the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act as the catalyst in making the country the “global…

Bitcoin EMA Bear Cross Brings 2022 Comparisons

Bitcoin saw two long-term moving averages cross over for the first time since April 2022 in a fresh BTC price bear market warning.Bitcoin (BTC) bear market comparisons are growing as the weekly BTC price chart repeats April 2022.Key points:Two long-term…

SEC Task Force Posts Response Backing Ripple on Passive Interest

A response posted to the US Securities and Exchange Commission’s Crypto Task Force page echoed concerns raised by Ripple that speculation alone should not automatically subject cryptocurrencies to federal securities laws, as lawmakers continue debating the CLARITY Act.The response, written…

KuCoin Taps Ex-LSEG Sabina Liu to Lead MiCA-Era EU Push

KuCoin has appointed former London Stock Exchange Group (LSEG) executive Sabina Liu to lead its European business, tasking her with steering the exchange’s Markets in Crypto Assets Regulation (MiCA) expansion from Vienna after securing a crypto asset service provider license…

South Korea Central Bank Warns Stablecoins Could Complicate FX Controls

South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be issued, according to local reports.Speaking at…

Sen. Marshall To Cut Card Fees Ask From Crypto Bill: Report

Republican Senator Roger Marshall has reportedly agreed to hold back on pushing an amendment aimed at credit card swipe fees when the Senate Agriculture Committee marks up a major crypto bill next week. Marshall filed an amendment to the committee’s version…

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