Month: January 2026

SEC Crypto Task Force Receives New Submissions Around CLARITY Act

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The submissions add to mounting pressure on regulators as Coinbase CEO Brian Armstrong calls for compromise to pass market structure legislation. The US Securities and Exchange Commission’s (SEC) Crypto Task Force “Written Input” page added two new submissions on Tuesday that focus on self‑custody rights and how proprietary trading in tokenized and decentralized finance (DeFi) markets should be regulated.  One submission comes from “DK Willard,” centered on Louisiana retail users, and the other from the Blockchain Association Trading Firm Working Group on dealer rules for tokenized equity markets. Submissions target…

Major Ripple (XRP) Update Also Concerning Binance

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Ripple shared important news regarding its stablecoin RLUSD. Ripple has just announced that its dollar-backed stablecoin, RLUSD, will be listed for spot trading on the world’s leading cryptocurrency exchange, Binance. According to the official release, the listing includes support for Ethereum, while XRP Ledger (XRPL) capabilities are underway. On launch day, the available trading pairs include: In addition, the listing will cover: Spot trading support for the stablecoin Eligibility for portfolio margin Inclusion in Binance Earn is soon to come as well This should increase RLUSD’s overall utility for…

Solana Mobile SKR Jumps 38% On Airdrop Launch

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Solana Mobile, a subsidiary of Solana Labs, the organization behind the Solana blockchain, has launched a token airdrop for holders of its Web3 smartphone, Solana Seeker. The Seeker (SKR) token, the utility and governance asset of the Solana Mobile ecosystem, went live on Wednesday, the company said in a post on X. Users of the Solana Seeker smartphone have 90 days to claim SKR tokens as part of the airdrop, which can be staked to earn rewards. The airdrop is available to at least 100,000 users and 188 developers, with…

Aave Transfers Lens Protocol Stewardship to Mask Network

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Decentralized finance (DeFi) protocol Aave transferred stewardship of the social infrastructure protocol Lens to Mask Network, shifting responsibility for advancing consumer-facing social applications while retaining Lens as open-source infrastructure. Statements from both Lens and Aave founder Stani Kulechov confirmed the transition. On Tuesday, Kulechov said in an X post that Aave’s role will narrow to technical advisory support as it refocuses on DeFi.  He added that Mask Network, a Web3 company focused on integrating blockchain features into social and messaging platforms, will be leading the next phase of development for…

Bitcoin Lost $8K in 2 Days but Whales and Sharks Continue to Accumulate

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In the meantime, retail investors have continued to sell off. The rising geopolitical tension between allies has resumed the bearish trends that began in Q4 last year, and BTC’s price tumbled from $95,500 to $87,500 in the span of 48 hours or so. Moreover, the asset plunged by over ten grand since the middle of the previous week when it reached a multi-month high of $98,000. During this ongoing correction, certain investors have disposed of some of their BTC holdings, while others have continued to accumulate. Data from Santiment…

Nansen Debuts Autonomous AI Crypto Trading On Base, Solana

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Nansen has launched autonomous cryptocurrency trading tools that allow users to execute trades through artificial intelligence agents and natural language prompts, as the platform expands beyond analytics into transaction execution. The new feature enables users to place trades by entering conversational commands in Nansen’s mobile app, rather than using traditional charts or order books, the company said in an announcement shared Wednesday. The product is aimed at retail users seeking simplified access to crypto markets. Nansen AI can also analyze onchain signals and provide data-driven insights to guide investor decisions,…

Gold Surges, Bitcoin Tanks Below $88,000 in Biggest Sell-off of 2026

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Crypto markets have wiped out all gains this year as Bitcoin fell hard on trade war escalation fears and turmoil in the Japanese bond market.  Total market capitalization is down 4% on the day as markets have shed more than $200 billion since the weekend. Bitcoin has led the losses, falling briefly below $88,000 during early trading in Asia on Wednesday morning, but it appears America is leading the sell-off. BTC has now lost 10% in just seven days as it falls back to support levels. However, zooming out shows…

Galaxy to Launch $100M Hedge Fund to Trade Crypto Upside and Downside

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Mike Novogratz’s digital asset firm Galaxy is preparing to launch a $100 million hedge fund aimed at profiting from both rising and falling crypto prices. The fund is set to launch in the first quarter and will be structured to take long and short positions across digital assets and traditional equities tied to financial infrastructure, the Financial Times reported on Wednesday. Up to 30% of the fund’s capital will be allocated directly to crypto tokens, with the remainder deployed into financial services stocks expected to be shaped by digital asset…

Galaxy plans to debut $100M hedge fund amid market pullback

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Galaxy, the digital assets firm headed by Mike Novogratz, is aiming to launch a $100 million hedge fund that would seek to profit from volatility across crypto tokens and traditional financial services companies, according to the Financial Times. The ‘long-short’ fund, seeded with about $100 million from family offices, high-net-worth individuals, and institutions, will invest up to 30% of its assets in crypto tokens. The remainder will go into financial services stocks exposed to digital assets regulation and technology. Targeted for launch in Q1, it would be the next major…

Bhutan to Strengthen Blockchain Role as New Sei Validator

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The Kingdom of Bhutan is set to deploy and run a Sei Network validator in Q1, the latest addition to the country’s digital transformation push.  The validator will be spun up in a collaboration between the Sei Development Foundation and Druk Holding and Investments (DHI) technology division — the primary sovereign wealth fund and holding company of Bhutan. Phuntsho Namgay, the head of DHI’s department of Innovation and technology, said the wealth fund plans to continue exploring other opportunities with the Sei Development Foundation as part of its digital transformation…