Day: January 24, 2026

Current Tax Policies Are the Biggest Obstacle to BTC Payments: Crypto Exec

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The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs, according to Pierre Rochard, a board member for Bitcoin treasury company Strive.  “Here’s a metaphor: the best athlete can win against the worst athlete 100% of the time, if the best athlete plays. It drops to 0% if he doesn’t play and lets the weak athlete win,” Rochard said about BTC’s current lack of use as a method of payment. Source: Pierre Rochard In December…

PENGUIN Memecoin Climbs to Over $136M Market Cap After White House Post

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The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House. On Friday, the White House published a social media post on X of US President Donald Trump and a penguin holding hands and walking through the snow, which went viral. PENGUIN traded at a market capitalization of about $387,000 before the post and recorded $244 million in trading volume in the 24 hours after the post, according to SolanaFloor. Source: White…

The Next Impulse Wave To Watch Out For

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Crypto analyst CryptoBull has highlighted targets that XRP could reach as it eyes double digits. The analyst is confident the altcoin could reach these targets, noting that current price action is mirroring the previous bull run.  XRP Eyes Rally To $11 And Then $70 In an X post, Crypto Bull stated that the next impulse will take XRP to $11 and that the last wave will take the altcoin to $70. This came as he noted that the price pattern is mirroring the previous bull run, with the only difference…

BIP-110 Temporary Soft Fork Adopted by Over 2% of Bitcoin Nodes

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The number of Bitcoin (BTC) nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110), a temporary soft fork limiting the amount of data included in each transaction at the consensus level, rose to 2.38%.  583 out of 24,481 nodes are running BIP-110, and the primary node software implementation for running the soft fork proposal is Bitcoin Knots, according to The Bitcoin Portal. BIP-110 limits the size of transaction outputs to 34 bytes and caps the OP_RETURN data limit to 83 bytes. The temporary soft fork will be deployed for 1…

Gemini to close NFT marketplace Nifty Gateway as it sharpens focus on super app vision

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Gemini is winding down its NFT marketplace Nifty Gateway as it shifts focus toward building a one-stop super app for customers. The digital art platform has entered withdrawal-only mode and will cease operations on February 23, according to a statement issued on Friday. Customers with remaining USD, ETH, or NFT holdings will be notified by email with instructions on transferring assets off the platform. An OG in the NFT space, Nifty Gateway is home to exclusive NFT drops from top digital artists, musicians, and brands like Beeple, CryptoKitties, and Pak.…

Trump threatens 100% tariff on Canadian goods over China deal

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President Donald Trump threatened to impose a 100% tariff on all Canadian goods entering the US if Canada proceeds with a trade agreement with China. “If Canada makes a deal with China, it will immediately be hit with a 100% [tariff] against all Canadian goods and products coming into the U.S.A.,” Trump said via his Truth Social account, responding to a report about Canadian Prime Minister Mark Carney’s attempts to deepen the nation’s relationship with China. Trump accused Carney of attempting to make Canada a “drop off port” for Chinese…

Could EU Sell US Debt if Greenland Deal Falls Through?

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The United States’ geopolitical brinkmanship over Greenland has thrown its economic ties to the EU into sharp relief. European powers are considering what instruments it has to combat US belligerence, including the “nuclear option” of offloading US debt. The tone has shifted after a supposed “framework of a deal” at Davos, and US ambitions to take over Greenland have cooled, for now. But EU heads of state are still preparing possible responses to further escalation. One option was cutting off access to US markets through the so-called “trade bazooka.” If…

Stablecoin Yield Bans Under CLARITY Act Could Push Capital Offshore

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The proposed restrictions on stablecoin yields under the US CLARITY Act risk driving capital out of regulated markets and into offshore, opaque financial structures. Colin Butler, head of markets at Mega Matrix, said banning compliant stablecoins from offering yield would not protect the US financial system, but instead sideline regulated institutions while accelerating capital migration beyond US oversight. “There’s always going to be demand for yield,” Butler told Cointelegraph, adding that if compliant stablecoins can’t offer it, capital will simply move “offshore or into synthetic structures that sit outside the…

Netherlands Plans Unrealized Gains Tax on Stocks and Crypto

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The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight. A majority of lawmakers in the Dutch parliament appear ready to back changes to the country’s Box 3 asset tax regime, which would require investors to pay annual tax on both realized and unrealized gains, even if assets have not been sold, NL Times reported on Tuesday. The plan follows court rulings that struck down the existing system for relying on assumed, rather than actual, returns. The…

Ethereum Foundation Forms Dedicated Post-Quantum Security Team

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The Ethereum Foundation has made post-quantum security a central focus of the network’s long-term roadmap, announcing the formation of a dedicated Post Quantum (PQ) team. The new team will be led by Thomas Coratger, a cryptographic engineer at the Ethereum Foundation, with support from Emile, a cryptographer closely associated with leanVM, according to crypto researcher Justin Drake. “After years of quiet R&D, EF management has officially declared PQ security a top strategic priority,” Drake said in a Saturday post on X. “It’s now 2026, timelines are accelerating. Time to go…