Month: January 2026

US CFTC Leadership to be Addressed at Market Structure Bill Markup

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US lawmakers are expected to return to Capitol Hill on Wednesday after inclement weather delayed committee meetings and votes, with attention turning to how senators will handle proposed amendments to a long-awaited crypto market structure bill. On Thursday, senators on the Senate Agriculture Committee are scheduled to meet for a markup on the Digital Commodity Intermediaries Act (DCIA), a bill to establish a digital asset market structure framework. The markup is one of the first attempts by the chamber to advance market structure legislation amid the Senate Banking Committee postponing…

Fed yet to turn over documents in Powell investigation as rate decision looms: Report

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A criminal investigation into Federal Reserve Chair Jerome Powell is ongoing, and the central bank has not yet produced documents demanded by grand jury subpoenas, CNBC reported Wednesday. The probe remains active, with no clear deadline disclosed for the Fed’s compliance. Powell said on Jan. 11 that the Fed had received grand jury subpoenas connected to his congressional testimony on a renovation project. He, however, accused the Department of Justice of improperly using criminal charges as leverage against the Fed for maintaining independence on interest rate policy. Powell linked the…

Gold rally, FOMC outcome And Weak DXY May Extend Crypto Market Rally

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Key points: Bitcoin is facing resistance at $90,500, but a positive sign is that the bulls have kept up the pressure. Several major altcoins are attempting to start a recovery, but are expected to face selling at higher levels. Sellers are attempting to maintain Bitcoin (BTC) below the $90,500 level, but the bulls continue to exert pressure. Fundstrat managing partner Tom Lee said on CNBC that cryptocurrencies should rise on a weaker dollar, but traders have responded by continuing to pile into gold and silver. Lee suggested that crypto is…

Department of Energy to expand nuclear fuel supply chain with new campus initiative

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The US Department of Energy is set to unveil plans to expand the domestic nuclear fuel supply chain, proposing the creation of “Nuclear Lifecycle Innovation Campuses” as part of a broader push to accelerate nuclear development, according to CNBC. States will be invited to compete to host the facilities, which would support fuel enrichment, recycling, and other stages of the nuclear fuel cycle. The DOE said consolidating these activities in a single location could lower transportation costs and improve efficiency. The campuses could also reduce the amount of spent fuel…

21Shares sees XRP trading at $2.45 in 2026 base case

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21Shares, a crypto exchange-traded product issuer, forecasts XRP trading around $2.45 by the end of 2026 under its base case scenario. The projection cites regulatory clarity and sustained investor demand as key factors reshaping the asset’s valuation framework. The forecast follows the August 2025 resolution of XRP’s long-running SEC case, which removed a major overhang and reopened access for US-based institutions, regulated funds, and payment providers. After the settlement, XRP surged to an all-time high near $3.66 before consolidating above the former $2 resistance level. 21Shares highlighted strong demand from…

Bitcoin Rethinks a $90,000 Breakout Despite a US Dollar Nosedive

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Bitcoin (BTC) attempted a rebound past $90,000 at Wednesday’s Wall Street open as markets awaited US macro cues. Key points: Bitcoin struggles to hold a $90,000 uptick as gold surges and US dollar strength crumbles. The Federal Reserve interest-rate decision sees flat moves on stocks. Bitcoin traders sit and wait for an inevitable range breakout. $90,000 proves too much for Bitcoin bulls Data from TradingView showed BTC/USD almost hitting $90,500 before giving up its gains, dipping to $88,800. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US markets opened flat on the day…

Ripple wins appeal in long-running XRP unregistered securities litigation

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A class action lawsuit challenging Ripple Labs’ sale of XRP tokens as unregistered securities will not proceed after the Ninth Circuit Court of Appeals this week upheld a lower court’s dismissal of the case. The court’s decision was first reported by Law360. Filed in 2018, the lawsuit claims that Ripple Labs unlawfully sold XRP tokens as unregistered securities. Lead plaintiff Bradley Sostack argued that Ripple’s sales activity, including a large distribution of tokens in 2017, breached the Securities Act of 1933. The case was dismissed in June 2024 when Judge…

Fidelity to Launch Stablecoin Through National Trust Bank

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Fidelity Investments plans to launch a new stablecoin next month, marking a logical next step for the asset manager as it expands its digital-asset infrastructure following conditional approval for a national trust bank from the Office of the Comptroller of the Currency. Bloomberg reported Wednesday that the Fidelity Digital Dollar, or FIDD, will be issued by Fidelity Digital Assets, National Association, the national trust bank approved by US regulators in December.  Fidelity Digital Assets president Mike O’Reilly told the publication that stablecoins could “serve as foundational payment and settlement services,”…

How High Can HYPE’s Price Go After 58% Gains in 72 Hours?

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Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities trading on Hyperliquid surged to new highs. Key takeaways: HYPE has surged over 57% in 72 hours, driven by high commodities trading on Hyperliquid HIP-3 DEXs. HYPE price breaks out of a multimonth downtrend, eyeing $50 next.  HYPE’s open interest jumps nearly 50% HYPE’s rally over the last few days…

Strive surpasses CleanSpark to become 10th-largest Bitcoin holder after 334 BTC purchase

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Strive, backed by Vivek Ramaswamy, has added about 334 Bitcoin to its portfolio, bringing total holdings to 13,132 BTC, worth around $1.2 billion, the company announced Wednesday. The purchase pushes Strive ahead of CleanSpark to become the 10th-largest holder of Bitcoin, according to BitcoinTreasuries.NET. The acquisition came after Strive closed an upsized follow-on offering, which raised $225 million and allowed the company to pay down most of its Semler Scientific acquisition debt. The company saw demand for its offering exceed $600 million, far surpassing the $150 million target. Of the…