Tuesday, February 3

Crypto

Arizona Lawmaker Proposes Barring Taxes on Crypto and Blockchain

Arizona state Senator Wendy Rogers has proposed two bills and a resolution in an effort to change the state’s laws on taxing digital assets.In legislation prefiled with the Arizona Senate on Friday, Rogers proposed amending state statues to exempt virtual…

Strategy Adds 8M to Cash Reserves, Skips Bitcoin Buys

Strategy added $747.8 million in net proceeds from the sale of common stock last week to its cash reserves and paused its Bitcoin purchases, as the company rebalances its assets amid the crypto downturn. According to a post by Strategy executive…

CFTC, SEC chairs are Crypto Regulation ‘Dream Team‘

US President Donald Trump’s AI and crypto czar has signaled that the White House may have all the pieces in place for digital asset regulation following the confirmation of Michael Selig to chair the Commodity Futures Trading Commission.In a Monday…

How U.S. Banks Are Quietly Preparing for an Onchain Future

Key takeawaysUS banks are prioritizing tokenized versions of familiar products, including deposits, funds and custody, rather than launching new crypto-native assets.Most onchain bank activity is taking place in wholesale payments, settlement and infrastructure, largely out of public view.Regulators are increasingly…

Ethereum Rebounds to K: Whales Accumulate Before Breakout

Ether’s (ETH) price reclaimed the $3,000 level on Monday, a 16% rebound from the $2,620 multimonth low reached on Nov. 21. Market analysts pointed to key data metrics that suggest that ETH is “building up for breakout” to higher highs.Key…

JPMorgan Explores Crypto Trading for Institutional Clients: Report

Banking giant JPMorgan Chase is considering offering cryptocurrency trading to its institutional clients, marking a significant expansion for a traditional financial institution expanding its digital asset services.According to a Monday Bloomberg report citing a person familiar with the plans, JPMorgan…

Trump’s World Liberty Financial Ends 2025 in the Red

World Liberty Financial, the Trump family’s crypto portfolio project, started the year with high hopes. But as the year draws to a close, the fund has barely seen gains.US President Donald Trump announced the launch in September 2024 while he…

Ghana Legalizes Crypto Under Central Bank Oversight

Ghana has legalized cryptocurrency trading by establishing a regulatory framework targeting the industry.Ghana’s parliament has passed the Virtual Asset Service Providers Bill into law, Bank of Ghana (BoG) Governor Johnson Asiama said, according to a report on Sunday by the…

Will the Santa rally be a Letdown?

Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price. Key takeaways:Bitcoin is up 6.5% from recent lows, fueling “Santa Rally” hopes with targets up…

Bitcoin Stalls at ,000 as Gold Hits New All-Time Highs

Bitcoin (BTC) counts down to Christmas at a crossroads with bulls and bears locked in a struggle for control.Bitcoin price targets become increasingly divergent as frustration builds over the lack of a breakout.Japan ruffles feathers with record bond yields as…

Indonesia Names List of Licensed Crypto Traders

Indonesia’s Financial Services Authority (OJK) has published a whitelist of 29 licensed crypto platforms, officially spelling out which exchanges are legally allowed to operate in the country. The list, which includes names of entities and their apps or platforms, is meant…

Metaplanet Reworks Capital Structure to Attract Institutional Investors

Metaplanet approved an overhaul of its capital structure on Monday, allowing Japan’s largest corporate Bitcoin holder to raise funds through dividend-paying preferred shares aimed at institutional investors.   Investors approved five proposals that collectively expand Metaplanet’s ability to issue preferred shares,…

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