Category: Bitcoin News

Ex-NYC Mayor Eric Adams Claims He Didn’t Profit From NYC Token

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A spokesperson for former New York City Mayor Eric Adams has refuted accusations that he moved money or profited from the NYC Token, which launched on Monday and plummeted 80% in the first hour of launch.  “To be absolutely clear: Eric Adams did not move investor funds. Eric Adams did not profit from the launch of the NYC Token. No funds were removed from the NYC Token,” Todd Shapiro, a spokesperson for Adams, said in a statement shared to X on Wednesday. Accusations of a potential rug-pull spread after the…

Crypto Industry Splits Over CLARITY Act Market Structure Bill

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A division appears to be forming among crypto industry executives regarding the market structure bill, with crypto giants such as Coinbase pulling support, but others stating that any regulation is better than none. “Crypto builders need clear rules of the road,” said Chris Dixon, managing partner at a16z Crypto on Thursday. He added that over the past five years, Republicans, Democrats, and the Trump Administration “have worked closely with members across the crypto industry to protect decentralization, support developers, and give entrepreneurs a fair shot … at its core, this…

Russia Plans Bill to Open Crypto to Retail: Report

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Russia will reportedly move to open up crypto to retail investors, with a new bill set to soon be introduced to the country’s legislature. Anatoly Aksakov, chair of the State Duma’s Financial Market Committee, said legislation to deregulate crypto is ready to be introduced with the aim of normalizing the asset for everyday use, the state-owned news agency TASS reported on Tuesday. “A lot of attention will be paid to the development of digital financial assets, and we will devote a lot of time to cryptocurrencies in the upcoming spring…

US Senator Hints Crypto Market Structure Bill May Be Delayed

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The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders push competing agendas. US Senator Cynthia Lummis reportedly expects the US Senate Banking Committee to delay its hearing on crypto market structure legislation after Coinbase withdrew support for the bill. There were already some murmurs of a CLARITY Act Senate markup delay on Wednesday, which were heightened following an X post from Bloomberg reporter Steven Dennis on Wednesday night, stating: “Lummis tells me her recommendation…

Market Structure Bill Doesn‘t ‘Serve Industry Interests‘

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Cryptocurrency industry leaders, US lawmakers and experts are weighing in on a digital asset market structure bill set for a markup in the Senate Banking Committee on Thursday, and each group has voiced different views about whether to support or oppose certain aspects of the legislation. In a Tuesday notice, Republicans on the Banking Committee, led by Senator Tim Scott, released a “myth vs. fact” sheet on the market structure bill, called the CLARITY Act. According to lawmakers in majority control of Congress, it was a “myth” that the legislation…

Bitpanda Eyes Frankfurt IPO at Up to $5.5B Valuation: Bloomberg

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Austria-based Crypto trading platform Bitpanda is moving forward with plans for a public listing in Frankfurt, targeting a debut in the first half of 2026 with a valuation of 4 billion euros ($4.7 billion) to 5 billion euros. The IPO could take place as early as the first quarter, with the company working alongside Citigroup, Goldman Sachs and Deutsche Bank, Bloomberg reported on Wednesday, citing people familiar with the offering. No final decisions have been made and the listing timeline may change. Founded in 2014, Bitpanda is a European fintech…

Is The Bull Market Back?

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Key points: Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500. Select major altcoins are showing strength, but Monero (XMR) is leading from the front. After the sharp rally on Tuesday, Bitcoin (BTC) bulls are attempting to extend the gains above $97,000. The strong inflows of $753.8 million in BTC exchange-traded funds on Tuesday, according to Farside Investors data, show that the rally was backed by solid buying from institutional investors. Crypto sentiment platform Santiment said in a…

Bitwise Lists Seven Crypto ETPs on Nasdaq Stockholm, Expands European Reach

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Digital asset manager Bitwise has listed seven crypto exchange-traded products denominated in Swedish krona on Nasdaq Stockholm, giving Swedish investors regulated exposure to Bitcoin, Ether and Solana. According to a Wednesday announcement, the SEK-denominated ETPs are available to retail and professional investors through existing brokerage accounts and may qualify for Sweden’s tax-advantaged ISK savings structure, depending on the platform. The listings include the Bitwise Core Bitcoin ETP, spot Bitcoin (BTC) and Ether (ETH) products backed by institutional custody, as well as staking-linked ETPs tied to ETH and Solana (SOL). Bitwise…

SEC Closed its 2023 Probe into Privacy Coin

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The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation. The foundation behind Zcash (ZEC) said that the US Securities and Exchange Commission (SEC) will not pursue an enforcement action into the privacy coin after the end of an investigation launched in 2023. In a Wednesday notice, the Zcash Foundation said the SEC “concluded its review” over a “matter of certain crypto asset offerings” and would not recommend enforcement actions or changes. According to the foundation,…

Bitcoin Hits 2026 High At $97K: What’s Next?

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Bitcoin’s (BTC) start-of-year recovery continued into the second week of January as the cryptocurrency made fresh 2026 highs above $96,000. The rally confirmed a new higher high structure, and traders are hopeful that a rally above $100,000 is the next target. Bitcoin one-day chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin secured a daily close above $95,000, confirming a higher high and weakening near-term resistance. Binance net taker volume briefly exceeded $500 million, coinciding with rising open interest and the lowest hourly funding rate since October 2025. With limited resistance above $95,000,…