Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US banking system, arguing that large-scale deposit migration would reduce lending capacity and push borrowing costs higher. The comments surfaced after a crypto investor shared a screenshot from Bank of America’s earnings call transcript on X. During the call, Moynihan pointed to Treasury-cited studies showing that a significant share of bank deposits could shift into stablecoins if issuers are allowed to pay interest. He said such products would function more…
Month: January 2026
US and Taiwan agree to 15% tariff cap and $500B chip investment deal
Key Takeaways The US and Taiwan have reportedly finalized a trade deal reducing tariffs on Taiwanese goods from 20% to 15%, aligning with Japan and South Korea. Taiwanese semiconductor firms will invest $250 billion directly into US operations and offer $250 billion in credit guarantees for supply chain expansion. Share this article The United States and Taiwan have reportedly reached a landmark trade agreement aimed at deepening economic ties and accelerating US-based semiconductor manufacturing. According to a Bloomberg report, the White House was set to announce the deal on Thursday,…
Is Ethereum Ready to Explode?
Ethereum holds above $3,360 after breaking key patterns, with analysts tracking bullish targets at $4,950, $5,760, and $6,690. Ethereum (ETH) is showing signs of strength after breaking out of key chart patterns. It has moved above several resistance zones, and analysts are tracking a possible move toward higher levels. Breakout Pattern Signals Shift in Trend According to analyst Marzell, ETH has come out of a falling wedge pattern and is maintaining above the breakout point. Such a pattern, coupled with alignment at Fibonacci levels, can be a good indication…
Citrea rolls out ctUSD stablecoin as native liquidity layer for Bitcoin ecosystem
Key Takeaways Citrea debuts ctUSD to address fragmented liquidity and bridge risk in the Bitcoin ecosystem, with native issuance and M0-powered infrastructure. MoonPay handles compliant issuance, enabling ctUSD access across 160+ countries and integration with major payment methods. Share this article Citrea, a Bitcoin application layer, has launched ctUSD, a 1:1 dollar-backed stablecoin fully backed by T-bills and cash. Issued by MoonPay and powered by M0, ctUSD serves as Bitcoin’s native, compliant liquidity layer. The launch addresses Bitcoin’s lack of unified, secure, and compliant stablecoin rails. Rather than relying on…
BTC Whales Turn Net Positive After Fastest Selloff In Years Ends
Data shows Bitcoin’s (BTC) largest holders reaccumulating coins after a period of heavy distribution. Data indicates that whale balances have turned higher following the sharpest selloff since early 2023, while the mid-sized holders continue to reduce exposure. Key takeaways: Whale addresses added 46,000 BTC this week, turning the one-year net change positive for the first time since Q4 2025. Dolphin addresses, including ETFs and treasury entities, cut holdings further to 589,000 BTC, extending a multi-month slowdown in demand. Dolphin flows have dominated price impact this cycle, but whale accumulation has…
US Lawmakers Demand Action from SEC on Justin Sun Enforcement Case
Three Democrats in the House of Representatives are asking US Securities and Exchange Commission (SEC) Chair Paul Atkins to provide information related to the agency closing investigations or dismissing enforcement actions in “at least one dozen crypto-related cases,” including Tron founder Justin Sun. In a Thursday letter to Atkins, Representatives Maxine Waters, Brad Sherman and Sean Casten questioned the SEC’s “priorities and effectiveness” given its dismissals of the crypto-related cases. The lawmakers wrote that the agency had “openly and boldly dismissed the majority of its crypto enforcement cases,” including those…
Internet Computer (ICP) Soars by 36% Weekly: More Upside Ahead?
“Volume looks great – it’s not just hype and big accounts shilling ICP. It feels like real demand,” one analyst stated. The cryptocurrency market continues its uptrend, with Internet Computer (ICP) once again being among the top performers. Its price has risen by almost 40% over the last week, with some analysts arguing that the rally might be just starting. History to Repeat Itself? Earlier today (January 15), ICP climbed to $4.78, the highest point since the end of November 2025. In the following hours, it lost some steam…
New study shows how Polygon cuts wallet acquisition costs below $1
Key Takeaways IVEY Publishing released an MBA case study examining Polygon’s Web3 growth using Cost Per Wallet metrics. The study explores how Polygon achieved user acquisition costs below $1 per wallet using Addressable’s platform. Share this article IVEY Publishing has released a groundbreaking MBA case study on Polygon’s cost-effective user acquisition strategy, emphasizing a Cost Per Wallet (CPW) average below $1. Developed in collaboration with Addressable, the study, titled “Polygon Scaling Web3 Growth with Cost Per Wallet Efficiency,” analyzes millions of on-chain events and demonstrates how wallet-level targeting and attribution…
CME Expands US Crypto Futures Lineup with New Altcoin Contracts
Chicago-based derivatives exchange CME Group is moving to deepen its exposure to altcoins as demand for regulated crypto products continues to expand in the United States. CME Group said Thursday that it plans to list futures contracts tied to Cardano (ADA), Chainlink (LINK) and Stellar (XLM) on Feb. 9, pending regulatory approval. The proposed contracts would broaden CME’s crypto derivatives suite regulated by the Commodity Futures Trading Commission, which includes futures and options linked to Bitcoin (BTC), Ether (ETH), XRP (XRP) and Solana (SOL). The exchange said the new offerings…
Nvidia reportedly ends RTX 5070 Ti and 5060 Ti 16GB production as GPU prices surge
Key Takeaways Nvidia has halted production of the RTX 5070 Ti and 5060 Ti 16GB, with ASUS confirming both models are officially end of life. The RTX 50 Super series remains delayed or potentially scrapped due to skyrocketing VRAM costs, pushing Nvidia to prioritize lower-VRAM 8GB cards. Share this article Nvidia has reportedly discontinued its GeForce RTX 5070 Ti and 5060 Ti 16GB graphics cards, according to a report from Hardware Unboxed, which confirmed with ASUS that both models are now end of life. ASUS, Nvidia’s largest AIB partner, told…