Michael Saylor says Bitcoin’s real adoption is happening in credit markets, accounting rules, and bank lending, not short-term price action. Michael Saylor stepped back into the spotlight this week, pushing back against critics of Bitcoin treasury companies during a wide-ranging public discussion on corporate strategy, market structure, and long-term adoption. The Strategy co-founder argued that Bitcoin’s growing role in credit markets and corporate balance sheets matters far more than short-term price moves, framing the debate as one about financial power rather than trading gains. Bitcoin Treasuries Under Fire as…
Day: January 13, 2026
Binance Tightens Its Grip as Crypto Trading Power Concentrates Further: Data
Binance continued to dominate in 2025, as it captured over 40% of spot and Bitcoin perpetual volumes across major global exchanges. Crypto exchange activity diverged sharply in 2025, as spot market growth slowed down while derivatives trading continued to expand at a strong pace. Total spot trading volume reached $18.6 trillion. This represented a 9% year-on-year increase, but it is a significant deceleration from the 154% growth recorded in 2024. Crypto Exchange Activity According to CryptoQuant, perpetual futures activity, in contrast, rose 29% year-on-year to $61.7 trillion, after adding…
Crypto-Friendly Bank to Go Public as Texas Company via SPAC
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals. Old Glory Bank, a crypto-friendly lender, said it will merge with Digital Asset Acquisition Corporation to form a Texas-based company listed on Nasdaq. In a Tuesday notice, Old Glory and special purpose acquisition company Digital Asset Acquisition Corporation said they plan to form OGB Financial Company as part of an effort to go public under the ticker symbol OGB. The deal is expected to close “at the end of the…
Strive Shares Fall 12% After Semler Deal To Expand Bitcoin Treasury
Strive’s stock fell about 12% on Tuesday after the asset manager announced an all-stock deal to acquire Semler Scientific, a transaction that will significantly expand its Bitcoin holdings. The company, co-founded by Vivek Ramaswamy, said on Tuesday that it has secured shareholder approval for the acquisition, which would add Semler Scientific’s 5,048.1 Bitcoin to Strive’s existing treasury. Following the transaction, Strive’s total Bitcoin holdings would rise to 12,797.9 BTC. Strive is already the 11th largest publicly traded Bitcoin holding company, according to BitcoinTreasuries.NET data. The company also disclosed the purchase…
New NYC Mayor Mamdani Says He Holds No Crypto, Will Not Buy Adams’ Memecoin
New York City Mayor Zohran Mamdani said Monday that he does not own cryptocurrency and has no plans to invest in digital assets, distancing himself from crypto-related initiatives promoted by his predecessor. Speaking to the press at Samson Stages, Mamdani responded “no” when asked whether he held any cryptocurrency, adding that he also had no interest in buying the NYC Token launched earlier this week by former mayor Eric Adams. New York City Mayor Zohran Mamdani addressing the press on Monday. Source: DRM News Adams launched a new memecoin, the…
Bitcoin Price Reclaims $94K as Trump Lashes Out at Iran, Tariff Haters, Powell, and Others
The POTUS has spoken from Detroil and has made multiple controversial remarks. All eyes are on US President Trump during his January 13 speech from Detroit, in which he weighed in on numerous hot topics as of late, including the military operation against Venezuela, potential actions against Iran, another bash fest against Fed Chair Powell, and people opposing the tariffs. Interestingly, BTC’s price has been quite stable and rising over the past 12 hours, jumping past $94,000 for the first time since last week. On Venezuela, the POTUS said…
JPMorgan CFO Warns Yield Stablecoins Threaten Banking System
Stablecoins emerged as a topic during JPMorgan Chase’s fourth-quarter earnings call on Tuesday, with executives expressing support for blockchain technology while warning that certain stablecoin designs could threaten the regulated banking system. The comments came in response to a question from Evercore analyst Glenn Schorr, who asked about stablecoins in light of recent industry lobbying by the American Bankers Association and ongoing congressional markups related to digital asset legislation. Responding to the question, JPMorgan chief financial officer Jeremy Barnum said the bank’s position aligns with the intent of the GENIUS…
ETH Tests $3.2K But US Macro And Other Hurdles Remain
Key takeaways: Ether trades near $3,200 as weaker network usage and US economic uncertainty limit its price upside. Layer-2 networks drive most Ethereum activity, but cheaper rival blockchains reduce the chance of Ether reclaiming $4,000 soon. Ether (ETH) price has repeatedly failed to sustain levels above $3,300 over the past 60 days, leading traders to question whether a durable bullish momentum is still achievable in 2026. Despite the Ethereum network rolling out important upgrades and maintaining its leading position in terms of deposits, investors worry that the chances of reclaiming…
Bitcoin Long-Term Holders Show Early Capitulation Signals
Bitcoin long-term holders showed early capitulation as LTH SOPR dipped below 1.0, signaling some six-month-plus holders sold at a loss. Bitcoin (BTC) is showing early signs of strain among long-term holders as the LTH SOPR (Spent Output Profit Ratio) recently fell below 1.0, signaling that some holders are starting to sell at a loss. While isolated, this move reflects growing uncertainty in the market as BTC trades near $92,000 amid mixed technical signals. This development is significant because those holding BTC for more than six months have historically provided…
Lighter launches iOS and Android app with full support for perps, spot, and RWAs
Key Takeaways Lighter’s new mobile app brings full trading functionality to iOS and Android with a mobile‑only 100,000 $LIT competition kicking off Jan 15. The LIT token showed initial momentum after launch but has since pulled back and is trading near $2.10 at press time. Share this article Lighter has launched its mobile trading app on iOS and Android, giving users access to spot, perpetuals, real-world assets, and pre-markets from their phones. We are excited to launch the Lighter Mobile app! Now you can now trade on the go on iOS and…