Category: Bitcoin News

New NYC Mayor Mamdani Says He Holds No Crypto, Will Not Buy Adams’ Memecoin

admin

New York City Mayor Zohran Mamdani said Monday that he does not own cryptocurrency and has no plans to invest in digital assets, distancing himself from crypto-related initiatives promoted by his predecessor. Speaking to the press at Samson Stages, Mamdani responded “no” when asked whether he held any cryptocurrency, adding that he also had no interest in buying the NYC Token launched earlier this week by former mayor Eric Adams. New York City Mayor Zohran Mamdani addressing the press on Monday. Source: DRM News Adams launched a new memecoin, the…

JPMorgan CFO Warns Yield Stablecoins Threaten Banking System

admin

Stablecoins emerged as a topic during JPMorgan Chase’s fourth-quarter earnings call on Tuesday, with executives expressing support for blockchain technology while warning that certain stablecoin designs could threaten the regulated banking system. The comments came in response to a question from Evercore analyst Glenn Schorr, who asked about stablecoins in light of recent industry lobbying by the American Bankers Association and ongoing congressional markups related to digital asset legislation. Responding to the question, JPMorgan chief financial officer Jeremy Barnum said the bank’s position aligns with the intent of the GENIUS…

What NFT Paris Cancellation Reveals About the NFT Market in 2026

admin

Key takeaways NFT Paris’ cancellation highlights pressure on sponsorship budgets rather than just falling NFT prices. NFT activity continues in 2026, but volumes are lower, and demand is more price-sensitive. Conference economics often reveal market health in ways sales charts cannot. NFT usage is shifting toward utility and infrastructure, while hype-driven formats are fading. NFT Paris, one of Europe’s better-known non-fungible token (NFT) gatherings, was abruptly called off for 2026, alongside its sister event, RWA Paris, roughly a month before it was due to run. A conference cancellation does not…

BTC Breaks $93K as CLARITY Act Delay Tests Markets’ Patience

admin

Bitcoin’s (BTC) price made a new weekly high of $93,500 on Jan. 13 as lawmakers pushed back deliberations on the long-awaited CLARITY Act, a bill designed to define crypto market structure in the United States. Key takeaways: Bitcoin continues to rally despite the CLARITY Act markup being pushed to late January. Exchange netflows stayed low, and the SOPR hovered near 1, signaling minimal profit-taking. Retail demand for BTC remains low during this recovery rally, as liquidity remains considerably thin. Bitcoin four-hour chart. Source: Cointelegraph/TradingView Bitcoin gains as volatility compresses after…

Stablecoins or Bitcoin Salaries? How Regulation Is Shaping Pay Choices

admin

What is crypto payroll? Crypto payroll refers to paying employee salaries using blockchain-based digital currencies. Employers may use crypto payroll instead of traditional fiat currency or alongside it. You can set up crypto payroll in several ways: Full crypto salary: Employees receive their entire pay in digital assets. Partial or hybrid salary: Part of the salary is paid in fiat currency and part in crypto. Conversion at payment: The salary is calculated in fiat currency and converted to crypto at the time of payment. In most cases, crypto payroll platforms…

Bitcoin-Gold Correlation Signals 50% or More BTC Price Gains by March

admin

Bitcoin’s (BTC) 52-week correlation with gold reached zero for the first time since mid-2022 and may turn negative by the end of January. Key takeaways: BTC–gold divergence has historically preceded strong Bitcoin rallies. Liquidity trends and cycle fractals point to BTC leading the way with a $144,000–$150,000 price target. Past fractals show Bitcoin rallying after gold In the past four comparable instances, Bitcoin rallied by an average of 56% within roughly two months after its correlation with gold turned negative. BTC/USD weekly chart. Source: TradingView Bitcoin broke this pattern in…

Bitcoin Price Gains 1.5% as Risk Assets Celebrate US CPI Print

admin

Bitcoin (BTC) eyed one-week highs at Tuesday’s Wall Street open as markets surged on low US inflation data. Key points: Bitcoin approaches $93,000 and a “huge” resistance wall on the back of positive US inflation trends. The S&P 500 beats records despite the ongoing spat between US President Donald Trump and Federal Reserve Chair Jerome Powell. A trader calls time on the low-timeframe Bitcoin trading range. Bitcoin gets US inflation boost as S&P 500 surges Data from TradingView showed 1.5% BTC price gains accompanying cooler-than-expected Consumer Price Index (CPI) figures…

Ingenico Brings Stablecoin Payments to In-Store Checkout

admin

Payments terminal provider Ingenico has partnered with WalletConnect Pay to enable in-store stablecoin payments across its point-of-sale (POS) systems, marking one of the clearest pushes yet to bring cryptocurrency payments into everyday retail checkout. In an announcement sent to Cointelegraph, Ingenico said the integration allows customers to pay using stablecoins including USDC (USDC), EURC (EURC) and USDt (USDT) directly from their WalletConnect-compatible mobile wallets without relying on traditional card networks.  Supported wallets include MetaMask and Trust Wallet. Transactions are initiated at the terminal and are settled through WalletConnect Pay’s infrastructure. …

Franklin Templeton Retrofits Money Market Funds for US Stablecoin Regime

admin

Franklin Templeton has amended two Western Asset institutional money market funds (MMFs) to plug directly into the emerging US stablecoin regime and tokenized cash infrastructure rather than launching new crypto native products. According to a release shared with Cointelegraph, Franklin Templeton is adapting the two long‑running Western Asset institutional funds so they can be used more directly in US GENIUS‑aligned stablecoin reserve structures and blockchain‑enabled distribution channels, without changing their status as Securities and Exchange Commission‑registered 2a‑7 MMFs. The changes are designed to allow the funds to serve as regulated,…

ZKsync Centers Privacy and Control in 2026 Institutional Roadmap

admin

Layer-2 network ZKsync released a 2026 roadmap that puts privacy, deterministic control and native interoperability at the center of its strategy for institutional digital asset adoption. Its plan, published by Matter Labs co-founder and CEO Alex Gluchowski, frames zero-knowledge technology as a foundational infrastructure for regulated finance.  The roadmap follows a year of infrastructure delivery. In 2025, the network rolled out core components including Atlas, Prividium and Airbender. According to Gluchowski, these systems were designed to meet operational realities faced by banks, enterprises and governments, where confidentiality and performance are…