Day: January 25, 2026

Deadly Winter Storm in US Impacts FoundryUSA and Other Mining Pools

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The hashrate of FoundryUSA, a digital asset advisory firm with the world’s largest Bitcoin (BTC) mining pool, has curtailed its hashrate by about 60% since Friday in response to the severe winter storm impacting large swaths of the United States. “Bitcoin hashrate on FoundryUSA alone is down by nearly 200 exahashes per second (EH/s), or 60%, since Friday amid continued curtailment. Temporary block production has slowed down to 12 minutes,” according to TheMinerMag.  FoundryUSA still commands about 198 (EH/s) of hashing power, accounting for about 23% of the global mining…

Saylor Says ‘Opportunists’ Pushing for BTC Changes Are Its Biggest Threat

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The biggest threat to the Bitcoin network is “ambitious opportunists” who want to push through protocol changes, according to Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy. Saylor’s comments sparked a debate online. Bitcoin maximalist Justin Bechler said the comments were directed toward software developers pushing for non-monetary use cases on Bitcoin, such as non-fungible tokens (NFTs) and onchain images in blocks. Source: Michael Saylor “The greatest risk to Bitcoin is quantum,” investor Fred Krueger said, while others like Mert Mumtaz, the CEO of remote procedure call (RPC)…

Bitcoin Gets the Macro Bug as $87,000 Comes Into Play

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Bitcoin (BTC) saw multiday lows into Sunday’s weekly close as bulls faced a week of macro uncertainty. Key points: Bitcoin heads lower as market nerves about upcoming macroeconomic volatility catalysts boil over. Downside risks firmly outweigh the odds of upside, BTC price analysis says. A potential bullish divergence against silver offers a glimmer of hope. Bitcoin sags into big macro week Data from TradingView tracked 1.6% losses for BTC/USD, which reached $87,471 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Long positions made up the majority of 24-hour crypto liquidations, which…

Bitcoin slides below $88K, triggering $135M in crypto long liquidations in the past hour

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Bitcoin dropped under $88,000 on Sunday, erasing around $135 million in crypto longs in the past hour amid renewed selling pressure across digital asset markets. The decline comes after Bitcoin retreated from a weekly high above $92,000 reached on January 19. The leading crypto asset traded at $87,743 at press time, down 1.5% on the day and nearly 8% over the past week, per CoinGecko. Market sentiment has turned fearful, with the Fear & Greed Index registering a score of 25. Technical analysts point to a false breakout of the…

Tezos Upgrades to Tallinn, Block Times Fall to 6 Seconds

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Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes storage costs and reduces latency, resulting in faster network finality times, according to an announcement from Tezos. Tallinn also allows all network validators, known as “bakers”, to attest to every single block, rather than a subset of validators attesting to blocks, which is how validators verified blocks in previous versions…

ARK Invest Buys Coinbase, Circle and Bullish as Crypto Stocks Slide

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Cathie Wood’s ARK Invest has increased its exposure to crypto-linked equities, adding shares of Coinbase, Circle and Bullish as prices slid across the sector. According to ARK’s daily trade disclosures for Friday, the ARK Innovation ETF (ARKK) purchased 38,854 shares of Coinbase Global Inc., while the ARK Fintech Innovation ETF (ARKF) added another 3,325 shares, acquiring a total of  $9.4 million worth of the exchange shares. Coinbase shares closed down 2.77% on the day at $216.95. ARK added a combined 129,446 shares of Circle Internet Group across ARKK and ARKF,…

Colombia Pension Giant AFP Protección Adds Bitcoin Exposure

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Colombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin. Juan David Correa, president of Protección SA, confirmed the initiative during an interview with local outlet Valora Analitik. According to Correa, access to the product will be limited and granted only through a personalized advisory process designed to assess each investor’s risk profile. Only clients who meet specific criteria will be able to allocate a portion of their portfolios to Bitcoin (BTC). “The most important element is diversification,” Correa…

Nifty Gateway to Shut Down in February 2026 as NFT Market Slump Deepens

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Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn. “Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026,” the Gemini-owned platform wrote in a Saturday post on X, adding that it has already entered withdrawal-only mode, giving users roughly one month to move any remaining NFTs or funds off the site. A shutdown notice is now displayed on Nifty Gateway’s homepage, and users can…

Polymarket Odds Of January US Gov’t Shutdown Surge To 77%

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Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours. It comes as the CLARITY Act, a significant crypto bill aimed at providing more clarity around regulations, is still making its way through Congress, with previous delays largely blamed on the record 43-day US government shutdown in October and November. Political commentator Collin Rugg highlighted the surging Polymarket odds in an X post on Saturday, noting that it came shortly…

CFTC Chair Selig says America is the crypto capital of the world

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CFTC Chair Mike Selig declared the US the “crypto capital of the world” today, signaling the agency’s continued push to modernize regulations for digital assets. “There is no better place in the world to build than the crypto capital of the world,” Selig said via the CFTC’s official X account. Selig credited President Trump’s leadership for the regulatory shift, stating the CFTC is updating its rules “to ensure that the future of crypto and onchain finance is Made in America.” The CFTC, the federal agency overseeing derivatives and commodities markets,…