Category: Bitcoin News

Ethereum Mainnet Activity Surpasses All Layer-2 Networks

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Network activity on the Ethereum mainnet has now surpassed that on layer-2 scaling blockchains as gas fees remain low, though it may not all be organic users. Token Terminal said on Thursday that there has been a “return to mainnet,” with daily active addresses on Ethereum outranking all leading layer-2s. A recent spike in active addresses closed in on 1 million per day, with Etherscan showing that active addresses surged to around 1.3 million on Jan. 16 but have since settled to around 945,000 daily active addresses. The figure is…

Bitcoiners Reject Quantum Computing Fears Weighing On Price

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Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an X post on Thursday that linking Bitcoin’s price to quantum computing fears “is akin to blaming market manipulation for red candles, and declining exchange balances for green ones.”  Check argued that while quantum computing may be “keeping some capital away” from Bitcoin (BTC), the weakness in Bitcoin’s price performance has been driven far more by heavy selling from…

Bitcoin Pro Traders Buy Dips, While Also Expecting More Downside

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Key takeaways: Bitcoin funding rates sit at 7%, showing bullish traders are still hesitant to increase leveraged positions. The spot Bitcoin ETFs saw $1.58 billion in outflows while gold hit record highs, signaling a shift toward safe assets. Bitcoin (BTC) has been pinned below $91,000 since Tuesday, even as equity markets rallied on strong US economic growth and employment data. As BTC struggles to find bullish momentum, muted demand for leveraged long BTC positions has led traders to question whether the $88,000 support level can hold much longer. BTC perpetual…

Nasdaq Seeks to Remove Position Limits on Bitcoin and Ether ETF options

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US exchange Nasdaq has filed a rule change with the Securities and Exchange Commission to remove limits on options tied to spot Bitcoin and Ether exchange-traded funds, in a move to align crypto ETF options with rules applied to other commodity-based funds. The proposal, filed on Jan. 7 and made effective on Wednesday, lifts the existing 25,000-contract limits on options linked to a range of Bitcoin (BTC) and Ether (ETH) ETFs listed on Nasdaq, including products from BlackRock, Fidelity, Bitwise, Grayscale, ARK/21Shares and VanEck, according to the filing. The SEC…

Trump Sues JPMorgan in Florida Court for $5B over Debanking Claims: Report

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The lawsuit was filed days after the president threatened on social media to sue the banking giant for debanking him weeks after his supporters attacked the US Capitol in 2021. US President Donald Trump has filed a lawsuit in Florida state court against JPMorgan, claiming that the banking giant terminated accounts connected to the president and his businesses “without warning or provocation.” According to a Thursday Bloomberg report, Trump filed a complaint in the Miami-Dade County state court, seeking $5 billion in damages from JPMorgan and its CEO, Jamie Dimon.…

Coinbase Forms Advisory Board to Study Quantum Computing and Blockchain

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Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum. In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior researchers from major universities, the Ethereum ecosystem and Coinbase. The board will publish public papers assessing the state of quantum computing and its implications for blockchain systems, issue guidance for developers, organizations and users and…

17K BTC Inflows Anomaly Puts Bitcoin Recovery at Risk

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The Bitcoin price rally to $90,000 failed to hold after 17,000 BTC were sent to exchanges, but an improving spot market suggests that traders view BTC’s current pricing as discounted. Crypto exchanges saw a surge in Bitcoin (BTC) flows over the past two days, emulating a pattern seen when the market topped in July and August 2025. More than 17,000 BTC was sent to exchanges, potentially a sign that the current sell-off could deepen. Bitcoin researcher Axel Adler Jr. said that the atypical 17,000 BTC exchange inflow occurred between Jan.…

Valeo and Natix Build Open AI Model for Autonomous Vehicles

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Automotive technology supplier Valeo and Natix Network, a Solana-based decentralized physical infrastructure network (DePIN) provider, have partnered to build an open-source, artificial intelligence (AI) multi-camera model aimed at improving autonomous driving systems. The two companies said Thursday they are building what they call the World Foundation Model (WFM), which they say will be able to learn and predict real-world motion, while adapting to traffic situations. The multi-camera model aims to push the boundaries of AI models from text-based understanding to real-world scenarios in physical environments, according to an announcement shared…

Circle CEO Rejects Bank Run Fears Around Stablecoin Yield

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Jeremy Allaire, CEO of the publicly listed stablecoin issuer Circle, said interest payments on stablecoins do not pose a threat to banks. Speaking Thursday at the World Economic Forum in Davos, Allaire described concerns that stablecoin yields could cause bank runs as “totally absurd,” citing historical precedents and existing reward-based financial services already in use. “They help with stickiness, they help with customer traction,” Allaire said, adding that interest itself is not large enough to undermine monetary policy. Allaire’s comments came amid heated debate over stablecoin yields, including in discussions…