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Netherlands to Tax Unrealized Bitcoin and Stock Gains Starting 2028
TLDR:
Dutch parliament will tax unrealized gains on stocks, bonds, and Bitcoin annually starting 2028.
Treasury loses €2.3 billion yearly under current system, forcing lawmakers to support the reform.
Real estate investors benefit with expense deductions and taxation only on realized profits.
MPs criticize the system’s complexity despite annual promises to simplify tax regulations.
The Dutch parliament is moving forward with controversial tax reforms that will require investors to pay annual taxes on both realized and unrealized capital gains starting in 2028.
The proposed changes to the Box 3 asset tax system have sparked concerns among cryptocurrency and stock market investors.
Despite widespread criticism, a majority of parliamentarians appear ready to support the legislation due to mounting fiscal pressures.
Parliamentary Support Despite Reservations
The Tweede Kamer debated the Box 3 tax modifications on Monday, with members submitting over 130 questions to caretaker State Secretary Eugène Heijen for Taxation.
Most parliamentarians expressed doubts about the proposal’s framework. However, several major parties indicated they would vote in favor of the changes. The decision stems primarily from financial necessity rather than enthusiasm for the policy.
The Netherlands has gone insane.
The government wants to tax unrealized gains on #Bitcoin from 2028 onwards.
I simply don't understand why people are blindly accepting this and not going all-in to demonstrate against this particular law.
The amount of tax being paid each… pic.twitter.com/HIJhLl6qHq
— Michaël van de Poppe (@CryptoMichNL) January 23, 2026
The current delay in implementing a new system costs the treasury approximately €2.3 billion annually. This budget shortfall has created urgency among lawmakers to pass reforms quickly.
Political parties including VVD, CDA, JA21, BBB, and PVV have reluctantly agreed to support the bill. Their backing ensures the legislation will likely pass despite concerns about its practical implementation.
D66 and GroenLinks-PvdA offered more enthusiastic support for the measure. These parties favor taxing unrealized gains as a matter of principle.
GroenLinks-PvdA MP Luc Stultiens explained the rationale, stating the approach “won’t lead to billions in budget losses and is easier to implement.”
The left-wing coalition also advocated for higher tax rates on individuals with substantial capital gains.
The proposed system emerged after court rulings deemed the previous Box 3 framework unlawful. Judges determined the government incorrectly based taxes on fictitious returns rather than actual gains.
This legal challenge forced policymakers to redesign the entire structure. The 2028 deadline represents the earliest feasible date for launching the revised system.
Real Estate Benefits and System Complexity
Real estate investors will see advantages under the new framework compared to current rules. Property owners can deduct expenses from their taxable profits moving forward.
Additionally, they face taxation only when profits are realized through sales or other transactions. The government will impose an extra levy on personal use of second homes.
Stock, bond, and cryptocurrency investors face less favorable treatment under the changes. These investors must pay annual taxes on paper gains even without selling their holdings.
The requirement to tax unrealized returns represents the most contentious aspect of the proposal. State Secretary Heijnen acknowledged the government prefers taxing only realized gains but cannot achieve this by 2028.
ChristenUnie MP Peter Grinwis criticized the reform’s administrative burden during parliamentary discussions.
He questioned the policy direction, asking, “We say every year that it should be simpler, but we do the opposite. So much complexity, are we really going to inflict this on our country?” His remarks captured widespread concerns about the system’s practical implementation.
The debate has intensified among cryptocurrency advocates who view the policy as particularly burdensome. One critic noted that “the government wants to tax unrealized gains on Bitcoin from 2028 onwards,” expressing disbelief at public acceptance.
Social media discussions reflect frustration with the government’s approach to digital asset taxation. Critics argue the system punishes long-term investors and may drive capital out of the Netherlands.
The post Netherlands to Tax Unrealized Bitcoin and Stock Gains Starting 2028 appeared first on Blockonomi.
Dutch parliament will tax unrealized gains on stocks, bonds, and Bitcoin annually starting 2028.
Treasury loses €2.3 billion yearly under current system, forcing lawmakers to support the reform.
Real estate investors benefit with expense deductions and taxation only on realized profits.
MPs criticize the system’s complexity despite annual promises to simplify tax regulations.
The Dutch parliament is moving forward with controversial tax reforms that will require investors to pay annual taxes on both realized and unrealized capital gains starting in 2028.
The proposed changes to the Box 3 asset tax system have sparked concerns among cryptocurrency and stock market investors.
Despite widespread criticism, a majority of parliamentarians appear ready to support the legislation due to mounting fiscal pressures.
Parliamentary Support Despite Reservations
The Tweede Kamer debated the Box 3 tax modifications on Monday, with members submitting over 130 questions to caretaker State Secretary Eugène Heijen for Taxation.
Most parliamentarians expressed doubts about the proposal’s framework. However, several major parties indicated they would vote in favor of the changes. The decision stems primarily from financial necessity rather than enthusiasm for the policy.
The Netherlands has gone insane.
The government wants to tax unrealized gains on #Bitcoin from 2028 onwards.
I simply don't understand why people are blindly accepting this and not going all-in to demonstrate against this particular law.
The amount of tax being paid each… pic.twitter.com/HIJhLl6qHq
— Michaël van de Poppe (@CryptoMichNL) January 23, 2026
The current delay in implementing a new system costs the treasury approximately €2.3 billion annually. This budget shortfall has created urgency among lawmakers to pass reforms quickly.
Political parties including VVD, CDA, JA21, BBB, and PVV have reluctantly agreed to support the bill. Their backing ensures the legislation will likely pass despite concerns about its practical implementation.
D66 and GroenLinks-PvdA offered more enthusiastic support for the measure. These parties favor taxing unrealized gains as a matter of principle.
GroenLinks-PvdA MP Luc Stultiens explained the rationale, stating the approach “won’t lead to billions in budget losses and is easier to implement.”
The left-wing coalition also advocated for higher tax rates on individuals with substantial capital gains.
The proposed system emerged after court rulings deemed the previous Box 3 framework unlawful. Judges determined the government incorrectly based taxes on fictitious returns rather than actual gains.
This legal challenge forced policymakers to redesign the entire structure. The 2028 deadline represents the earliest feasible date for launching the revised system.
Real Estate Benefits and System Complexity
Real estate investors will see advantages under the new framework compared to current rules. Property owners can deduct expenses from their taxable profits moving forward.
Additionally, they face taxation only when profits are realized through sales or other transactions. The government will impose an extra levy on personal use of second homes.
Stock, bond, and cryptocurrency investors face less favorable treatment under the changes. These investors must pay annual taxes on paper gains even without selling their holdings.
The requirement to tax unrealized returns represents the most contentious aspect of the proposal. State Secretary Heijnen acknowledged the government prefers taxing only realized gains but cannot achieve this by 2028.
ChristenUnie MP Peter Grinwis criticized the reform’s administrative burden during parliamentary discussions.
He questioned the policy direction, asking, “We say every year that it should be simpler, but we do the opposite. So much complexity, are we really going to inflict this on our country?” His remarks captured widespread concerns about the system’s practical implementation.
The debate has intensified among cryptocurrency advocates who view the policy as particularly burdensome. One critic noted that “the government wants to tax unrealized gains on Bitcoin from 2028 onwards,” expressing disbelief at public acceptance.
Social media discussions reflect frustration with the government’s approach to digital asset taxation. Critics argue the system punishes long-term investors and may drive capital out of the Netherlands.
The post Netherlands to Tax Unrealized Bitcoin and Stock Gains Starting 2028 appeared first on Blockonomi.
Ethereum Foundation Launches Post-Quantum Security Team With $2M Prize Fund
TLDR:
Ethereum Foundation established a dedicated Post-Quantum team led by Thomas Coratger and Emile from leanVM.
Foundation announced $2M in prizes targeting Poseidon hash function and post-quantum cryptographic research.
Multi-client PQ consensus devnets are live with participation from pioneering and established teams.
AI-powered mathematics completed complex cryptographic proof in eight hours at $200 cost for the project.
The Ethereum Foundation has designated post-quantum security as a top strategic priority, announcing the formation of a dedicated team led by Thomas Coratger.
The initiative builds on research dating back to 2019 and includes multiple engineering breakthroughs achieved since 2024.
The foundation outlined comprehensive plans spanning developer coordination, cryptographic research, and network implementation through various programs and incentives.
New Team Spearheads Multi-Faceted Implementation Strategy
The newly formed Post Quantum team operates under Thomas Coratger’s leadership, with Emile joining from the leanVM project. LeanVM serves as the cryptographic foundation for the entire post-quantum strategy.
Justin Drake announced the development, stating the initiative marks “an inflection in the Ethereum Foundation’s long-term quantum strategy.” The foundation’s management formally elevated PQ security after years of quiet research and development.
Today marks an inflection in the Ethereum Foundation's long-term quantum strategy.
We've formed a new Post Quantum (PQ) team, led by the brilliant Thomas Coratger (@tcoratger). Joining him is Emile, one of the world-class talents behind leanVM. leanVM is the cryptographic…
— Justin Drake (@drakefjustin) January 23, 2026
The initiative traces its origins to 2019 with the “Eth3.0 Quantum Security” presentation at StarkWare Sessions. Post-quantum considerations became central to the lean Ethereum vision starting in 2024.
Engineering breakthroughs have accelerated significantly since that time. Drake emphasized the urgency, noting, “it’s now 2026; timelines are accelerating.”
Antonio Sanso will lead bi-weekly All Core Devs PQ transaction breakout calls beginning next month. These sessions address user-facing security concerns and technical implementations.
Topics include dedicated precompiles, account abstraction, and transaction signature aggregation. The coordination represents a systematic approach to integrating post-quantum protections.
Multi-client PQ consensus devnets have already gone live with participation from several teams. Zeam, Ream Labs, PierTwo, Gean Client, and Ethlambda Lean are pioneering the effort.
Established consensus teams, Lighthouse and Grandine have joined, with Prysm expected soon. Weekly PQ interop calls coordinated by Corcoran Will facilitate teamwork among implementations.
Research Incentives and Educational Programs Support Transition
The foundation announced a $1M Poseidon Prize targeting the hardening of the Poseidon hash function. This investment reflects a strategic bet on hash-based cryptography for cryptographic foundations.
The initiative complements another $1M program called the Proximity Prize. Both prizes aim to strengthen the mathematical underpinnings of post-quantum security.
Artificial intelligence has already demonstrated value in advancing cryptographic research. Alex Hicks ran a specialized mathematics AI for eight hours at a $200 cost.
The system completed a formal proof for one of the hardest lemmas. Describing the achievement, Drake stated that “applied cryptography will never be the same.”
The foundation plans to host a three-day PQ workshop in October. This follows a previous workshop in Cambridge last year.
An additional PQ day is scheduled for March 29 in Cannes ahead of EthCC. These gatherings facilitate knowledge sharing among researchers and developers.
A comprehensive roadmap will be published on pq.ethereum.org detailing the proposed strategy. The plan targets a complete transition in the coming years with zero loss of funds.
The ZKPodcast is producing a six-part video series on Ethereum’s PQ strategy. Ethereum has secured representation on Coinbase’s PQ advisory board.
The post Ethereum Foundation Launches Post-Quantum Security Team With $2M Prize Fund appeared first on Blockonomi.
Ethereum Foundation established a dedicated Post-Quantum team led by Thomas Coratger and Emile from leanVM.
Foundation announced $2M in prizes targeting Poseidon hash function and post-quantum cryptographic research.
Multi-client PQ consensus devnets are live with participation from pioneering and established teams.
AI-powered mathematics completed complex cryptographic proof in eight hours at $200 cost for the project.
The Ethereum Foundation has designated post-quantum security as a top strategic priority, announcing the formation of a dedicated team led by Thomas Coratger.
The initiative builds on research dating back to 2019 and includes multiple engineering breakthroughs achieved since 2024.
The foundation outlined comprehensive plans spanning developer coordination, cryptographic research, and network implementation through various programs and incentives.
New Team Spearheads Multi-Faceted Implementation Strategy
The newly formed Post Quantum team operates under Thomas Coratger’s leadership, with Emile joining from the leanVM project. LeanVM serves as the cryptographic foundation for the entire post-quantum strategy.
Justin Drake announced the development, stating the initiative marks “an inflection in the Ethereum Foundation’s long-term quantum strategy.” The foundation’s management formally elevated PQ security after years of quiet research and development.
Today marks an inflection in the Ethereum Foundation's long-term quantum strategy.
We've formed a new Post Quantum (PQ) team, led by the brilliant Thomas Coratger (@tcoratger). Joining him is Emile, one of the world-class talents behind leanVM. leanVM is the cryptographic…
— Justin Drake (@drakefjustin) January 23, 2026
The initiative traces its origins to 2019 with the “Eth3.0 Quantum Security” presentation at StarkWare Sessions. Post-quantum considerations became central to the lean Ethereum vision starting in 2024.
Engineering breakthroughs have accelerated significantly since that time. Drake emphasized the urgency, noting, “it’s now 2026; timelines are accelerating.”
Antonio Sanso will lead bi-weekly All Core Devs PQ transaction breakout calls beginning next month. These sessions address user-facing security concerns and technical implementations.
Topics include dedicated precompiles, account abstraction, and transaction signature aggregation. The coordination represents a systematic approach to integrating post-quantum protections.
Multi-client PQ consensus devnets have already gone live with participation from several teams. Zeam, Ream Labs, PierTwo, Gean Client, and Ethlambda Lean are pioneering the effort.
Established consensus teams, Lighthouse and Grandine have joined, with Prysm expected soon. Weekly PQ interop calls coordinated by Corcoran Will facilitate teamwork among implementations.
Research Incentives and Educational Programs Support Transition
The foundation announced a $1M Poseidon Prize targeting the hardening of the Poseidon hash function. This investment reflects a strategic bet on hash-based cryptography for cryptographic foundations.
The initiative complements another $1M program called the Proximity Prize. Both prizes aim to strengthen the mathematical underpinnings of post-quantum security.
Artificial intelligence has already demonstrated value in advancing cryptographic research. Alex Hicks ran a specialized mathematics AI for eight hours at a $200 cost.
The system completed a formal proof for one of the hardest lemmas. Describing the achievement, Drake stated that “applied cryptography will never be the same.”
The foundation plans to host a three-day PQ workshop in October. This follows a previous workshop in Cambridge last year.
An additional PQ day is scheduled for March 29 in Cannes ahead of EthCC. These gatherings facilitate knowledge sharing among researchers and developers.
A comprehensive roadmap will be published on pq.ethereum.org detailing the proposed strategy. The plan targets a complete transition in the coming years with zero loss of funds.
The ZKPodcast is producing a six-part video series on Ethereum’s PQ strategy. Ethereum has secured representation on Coinbase’s PQ advisory board.
The post Ethereum Foundation Launches Post-Quantum Security Team With $2M Prize Fund appeared first on Blockonomi.
Sen. Kirsten Gillibrand Optimistic Senate Agriculture Committee Will Advance Crypto Bill Despite ...
TLDR:
Senate Agriculture Committee scheduled Jan. 27 markup despite lacking bipartisan agreement on bill.
Coinbase CEO criticized Banking Committee draft, claiming it would be worse than current regulations.
Dual regulatory approach needed as digital assets have both commodity and security characteristics.
Sen. Lummis retirement creates leadership gap but Gillibrand remains committed to crypto advocacy.
Sen. Kirsten Gillibrand said she is “very optimistic” the Senate Agriculture Committee will advance cryptocurrency legislation despite ongoing partisan divisions.
The New York Democrat shared her views in an exclusive CNBC interview, emphasizing continued bipartisan efforts.
The Senate Agriculture Committee has scheduled a markup session for January 27 to review legislation regulating digital commodities.
Meanwhile, the Senate Banking Committee postponed its own crypto bill markup after facing opposition from major industry players, including Coinbase.
Dual-Track Approach to Cryptocurrency Regulation
The legislative strategy involves two separate bills addressing different aspects of digital asset regulation. “Senators have been working on a bipartisan basis for the last six months pretty intensely, and we have two different bills,” Gillibrand told CNBC.
The Agriculture Committee oversees the Commodity Futures Trading Commission, while the Banking Committee handles Securities and Exchange Commission matters.
She explained that digital assets possess characteristics of both commodities and securities, requiring dual regulatory oversight.
The Agriculture Committee released updated legislative text Wednesday night, building on a previous bipartisan discussion draft. Chairman John Boozman acknowledged that “differences remain on fundamental policy issues” in a statement.
However, the Arkansas Republican emphasized that the bill incorporates stakeholder feedback and represents months of collaborative work. Boozman added that “it’s time we move this bill” despite the lack of agreement.
Gillibrand, though not an Agriculture Committee member, has actively participated in negotiations on crypto market structure. “I think both senators on the Banking and Ag committee are working in a bipartisan way and in good faith,” she said.
The senator expressed hope that lawmakers will amend the current draft to strengthen its provisions.
She specifically mentioned that earlier bipartisan compromises were omitted from the latest version and should be reconsidered.
The scheduled markup hearing represents a critical step toward establishing comprehensive crypto regulations.
Gillibrand noted that the Senate Agriculture Committee’s draft is still in review. She expressed hope that “the senators will work on a bipartisan basis to amend that draft to make it stronger.”
The senator acknowledged areas still requiring bipartisan resolution but maintained an optimistic outlook.
Banking Committee Faces Industry Pushback
The Senate Banking Committee encountered significant resistance from cryptocurrency companies regarding its draft legislation. Coinbase CEO Brian Armstrong publicly criticized the Banking Committee’s proposal during the World Economic Forum in Davos.
Armstrong stated that his company’s legal team started to notice “some pretty serious issues in the draft text.” He claimed the legislation would create worse conditions than the current regulatory environment.
Armstrong outlined specific concerns in a post on X, writing that the bill “would be materially worse than the current status quo.”
He particularly criticized draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition.
The draft would prohibit stablecoin issuers from offering direct holding rewards, requiring instead transaction-based or program-based incentives.
Armstrong said Coinbase felt like they “had an obligation to go out and defend our customers’ rights.”
Chairman Tim Scott confirmed that bipartisan negotiations continue despite the postponement. The South Carolina Republican stated that “everyone remains at the table working in good faith” in his discussions with industry leaders.
However, no new date has been set for the Banking Committee’s markup hearing. The delay reflects the complexity of balancing traditional banking interests with cryptocurrency innovation.
Gillibrand addressed concerns about potential loopholes in the GENIUS Act, which President Trump signed in July.
She said she is “optimistic that we can find some common-sense bipartisan language that satisfies everyone’s concerns on this issue.”
The senator emphasized the importance of distinguishing stablecoins from FDIC-insured bank deposits to protect consumers.
She added that “we wanted to make sure that no consumer was confused about what a stablecoin is versus what a dollar sitting in a bank account is.”
Continued Commitment Despite Leadership Changes
Sen. Cynthia Lummis announced her retirement in December, creating uncertainty about future crypto advocacy.
The Wyoming Republican partnered with Gillibrand on the Lummis-Gillibrand Responsible Financial Innovation Act in 2022. Lummis chaired the Banking Committee’s crypto subcommittee and helped guide the GENIUS Act through Congress.
Gillibrand described Lummis’ expected retirement as “a huge loss to the U.S. Senate and a personal loss to me.”
Despite this setback, Gillibrand affirmed her unwavering commitment to digital asset regulation. She views cryptocurrency as essential for maintaining American competitiveness in global innovation.
“I don’t want China or Asia or other parts of the world to have the benefit of these industries,” she said. The senator warned that American reluctance or inability to regulate would hand advantages to foreign competitors.
Gillibrand argued that proper regulation enables domestic companies to compete effectively while protecting consumers and traditional financial institutions.
“If we want to protect consumers and we want to protect the traditional financial services, the best way to do that is to regulate it,” she explained.
She maintained that regulation represents the one thing that actually makes worldwide competition possible. Her advocacy stems from believing crypto provides opportunities for entrepreneurship and innovation.
Gillibrand stressed that comprehensive regulatory frameworks remain achievable through continued bipartisan cooperation.
She called on lawmakers to remain engaged in negotiations regardless of political pressures. The senator emphasized that people want to get crypto legislation done now.
Her message stressed that establishing clear rules benefits all stakeholders in the digital asset ecosystem.
The post Sen. Kirsten Gillibrand Optimistic Senate Agriculture Committee Will Advance Crypto Bill Despite Partisan Divide appeared first on Blockonomi.
Senate Agriculture Committee scheduled Jan. 27 markup despite lacking bipartisan agreement on bill.
Coinbase CEO criticized Banking Committee draft, claiming it would be worse than current regulations.
Dual regulatory approach needed as digital assets have both commodity and security characteristics.
Sen. Lummis retirement creates leadership gap but Gillibrand remains committed to crypto advocacy.
Sen. Kirsten Gillibrand said she is “very optimistic” the Senate Agriculture Committee will advance cryptocurrency legislation despite ongoing partisan divisions.
The New York Democrat shared her views in an exclusive CNBC interview, emphasizing continued bipartisan efforts.
The Senate Agriculture Committee has scheduled a markup session for January 27 to review legislation regulating digital commodities.
Meanwhile, the Senate Banking Committee postponed its own crypto bill markup after facing opposition from major industry players, including Coinbase.
Dual-Track Approach to Cryptocurrency Regulation
The legislative strategy involves two separate bills addressing different aspects of digital asset regulation. “Senators have been working on a bipartisan basis for the last six months pretty intensely, and we have two different bills,” Gillibrand told CNBC.
The Agriculture Committee oversees the Commodity Futures Trading Commission, while the Banking Committee handles Securities and Exchange Commission matters.
She explained that digital assets possess characteristics of both commodities and securities, requiring dual regulatory oversight.
The Agriculture Committee released updated legislative text Wednesday night, building on a previous bipartisan discussion draft. Chairman John Boozman acknowledged that “differences remain on fundamental policy issues” in a statement.
However, the Arkansas Republican emphasized that the bill incorporates stakeholder feedback and represents months of collaborative work. Boozman added that “it’s time we move this bill” despite the lack of agreement.
Gillibrand, though not an Agriculture Committee member, has actively participated in negotiations on crypto market structure. “I think both senators on the Banking and Ag committee are working in a bipartisan way and in good faith,” she said.
The senator expressed hope that lawmakers will amend the current draft to strengthen its provisions.
She specifically mentioned that earlier bipartisan compromises were omitted from the latest version and should be reconsidered.
The scheduled markup hearing represents a critical step toward establishing comprehensive crypto regulations.
Gillibrand noted that the Senate Agriculture Committee’s draft is still in review. She expressed hope that “the senators will work on a bipartisan basis to amend that draft to make it stronger.”
The senator acknowledged areas still requiring bipartisan resolution but maintained an optimistic outlook.
Banking Committee Faces Industry Pushback
The Senate Banking Committee encountered significant resistance from cryptocurrency companies regarding its draft legislation. Coinbase CEO Brian Armstrong publicly criticized the Banking Committee’s proposal during the World Economic Forum in Davos.
Armstrong stated that his company’s legal team started to notice “some pretty serious issues in the draft text.” He claimed the legislation would create worse conditions than the current regulatory environment.
Armstrong outlined specific concerns in a post on X, writing that the bill “would be materially worse than the current status quo.”
He particularly criticized draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition.
The draft would prohibit stablecoin issuers from offering direct holding rewards, requiring instead transaction-based or program-based incentives.
Armstrong said Coinbase felt like they “had an obligation to go out and defend our customers’ rights.”
Chairman Tim Scott confirmed that bipartisan negotiations continue despite the postponement. The South Carolina Republican stated that “everyone remains at the table working in good faith” in his discussions with industry leaders.
However, no new date has been set for the Banking Committee’s markup hearing. The delay reflects the complexity of balancing traditional banking interests with cryptocurrency innovation.
Gillibrand addressed concerns about potential loopholes in the GENIUS Act, which President Trump signed in July.
She said she is “optimistic that we can find some common-sense bipartisan language that satisfies everyone’s concerns on this issue.”
The senator emphasized the importance of distinguishing stablecoins from FDIC-insured bank deposits to protect consumers.
She added that “we wanted to make sure that no consumer was confused about what a stablecoin is versus what a dollar sitting in a bank account is.”
Continued Commitment Despite Leadership Changes
Sen. Cynthia Lummis announced her retirement in December, creating uncertainty about future crypto advocacy.
The Wyoming Republican partnered with Gillibrand on the Lummis-Gillibrand Responsible Financial Innovation Act in 2022. Lummis chaired the Banking Committee’s crypto subcommittee and helped guide the GENIUS Act through Congress.
Gillibrand described Lummis’ expected retirement as “a huge loss to the U.S. Senate and a personal loss to me.”
Despite this setback, Gillibrand affirmed her unwavering commitment to digital asset regulation. She views cryptocurrency as essential for maintaining American competitiveness in global innovation.
“I don’t want China or Asia or other parts of the world to have the benefit of these industries,” she said. The senator warned that American reluctance or inability to regulate would hand advantages to foreign competitors.
Gillibrand argued that proper regulation enables domestic companies to compete effectively while protecting consumers and traditional financial institutions.
“If we want to protect consumers and we want to protect the traditional financial services, the best way to do that is to regulate it,” she explained.
She maintained that regulation represents the one thing that actually makes worldwide competition possible. Her advocacy stems from believing crypto provides opportunities for entrepreneurship and innovation.
Gillibrand stressed that comprehensive regulatory frameworks remain achievable through continued bipartisan cooperation.
She called on lawmakers to remain engaged in negotiations regardless of political pressures. The senator emphasized that people want to get crypto legislation done now.
Her message stressed that establishing clear rules benefits all stakeholders in the digital asset ecosystem.
The post Sen. Kirsten Gillibrand Optimistic Senate Agriculture Committee Will Advance Crypto Bill Despite Partisan Divide appeared first on Blockonomi.
Dyrektor generalny Coinbase, Brian Armstrong, ujawnia główne partnerstwa bankowe i strategię przyjęcia kryptowalut w Davos
TLDR:
Coinbase nawiązuje współpracę z JP Morgan i PNC Bank w celu zintegrowania infrastruktury kryptowalutowej z produktami bankowymi
BlackRock wykazuje zainteresowanie tokenizacją funduszy, ponieważ instytucje finansowe przenoszą operacje na blockchain
Genius Act wymaga, aby stabilne monety regulowane w USA posiadały 100% aktywów w krótkoterminowych papierach skarbowych USA
Armstrong identyfikuje handel aktywami na łańcuchu oraz płatności B2B za pomocą stabilnych monet jako kluczowe trendy wzrostu w branży
Dyrektor generalny Coinbase, Brian Armstrong, przedstawił rosnące przyjęcie kryptowalut przez instytucje podczas niedawnego wywiadu w podcaście All-In na Światowym Forum Ekonomicznym w Davos w Szwajcarii.
Coinbase nawiązuje współpracę z JP Morgan i PNC Bank w celu zintegrowania infrastruktury kryptowalutowej z produktami bankowymi
BlackRock wykazuje zainteresowanie tokenizacją funduszy, ponieważ instytucje finansowe przenoszą operacje na blockchain
Genius Act wymaga, aby stabilne monety regulowane w USA posiadały 100% aktywów w krótkoterminowych papierach skarbowych USA
Armstrong identyfikuje handel aktywami na łańcuchu oraz płatności B2B za pomocą stabilnych monet jako kluczowe trendy wzrostu w branży
Dyrektor generalny Coinbase, Brian Armstrong, przedstawił rosnące przyjęcie kryptowalut przez instytucje podczas niedawnego wywiadu w podcaście All-In na Światowym Forum Ekonomicznym w Davos w Szwajcarii.
Spacecoin Launches $SPACE Token on Major Exchanges With Airdrop Rewards
TLDR:
$SPACE token launches simultaneously on Binance, Kraken, OKX, and five other major cryptocurrency exchanges.
Airdrop rewards unlock with 25% immediate distribution for Season 1 participants and monthly vesting schedule.
Token operates across four blockchain networks including Creditcoin, Ethereum, BSC, and Base via Wormhole.
Limited-time staking program offers 10% APR exclusively for $SPACE tokens held on the Creditcoin network.
Spacecoin has officially launched its $SPACE token across multiple blockchain networks and trading platforms. The token is now available on Creditcoin, Ethereum, BSC, and Base networks.
Major centralized exchanges including Binance, Kraken, OKX, and KuCoin have listed the token for trading.
The launch marks a transition from technical demonstration to economic participation for the satellite internet project.
Multi-Platform Trading Access and Exchange Listings
The $SPACE token debuted simultaneously on several prominent cryptocurrency exchanges. Binance offers trading through its Alpha and Futures platforms.
Kraken provides spot trading access to users. OKX supports both spot and perpetual contracts for the token. Additional platforms include Bitget, Coinone, MEXC, Bybit, and Blockchain.com.
The project announced that “$SPACE is GO for Launch” following years of development. According to Spacecoin, the initiative involved “groundbreaking engineering across three very different industries (blockchain, space, and telecom).”
https://t.co/albWKrKcMU
— Spacecoin (@spacecoin) January 23, 2026
The company stated its belief that “access should be as universal as the internet we’re building.” This philosophy guided the decision to launch across multiple major platforms.
Spacecoin partnered with World Liberty Financial for a limited promotional offering on select platforms. The collaboration aims to increase initial token distribution.
Users can verify contract addresses on each network before conducting transactions. The company emphasizes the importance of address verification to prevent errors.
Decentralized exchange options are also available for traders preferring non-custodial platforms. PancakeSwap supports $SPACE trading and liquidity provision across multiple chains.
Aster DEX is running a campaign with $150,000 in $ASTER rewards. The platform also offers 15,750,000 $SPACE tokens as trading incentives.
Airdrop Distribution and Staking Opportunities
Eligible participants can claim airdrop rewards through the official portal. Season 1 participants receive 25% of rewards at token generation.
The remaining allocation unlocks monthly over three months. Season 2 follows a different schedule with 33.3% monthly unlocks starting one month after launch.
Spacecoin described the airdrop as recognition for “pioneering Cadets who believed in Spacecoin before it was even a whisper among the stars.”
The team characterized community support as “the rocket fuel for our journey.” The airdrop serves as the company’s “salute to your dedication” according to the announcement.
Eligibility requires holding specific assets during the qualification period. Accepted assets include CTC tokens, WCTC, and designated NFTs.
Participants must have connected wallets to the Spacecoin platform. Social mission completion was mandatory for reward qualification.
The project implemented strict anti-abuse measures during the airdrop process. The company stated that “the $SPACE airdrop is for genuine Cadets, not bots or those who tried to game the system.”
Accounts flagged for suspicious activity are ineligible for rewards. Users disagreeing with decisions can submit review requests with supporting evidence.
The post Spacecoin Launches $SPACE Token on Major Exchanges With Airdrop Rewards appeared first on Blockonomi.
$SPACE token launches simultaneously on Binance, Kraken, OKX, and five other major cryptocurrency exchanges.
Airdrop rewards unlock with 25% immediate distribution for Season 1 participants and monthly vesting schedule.
Token operates across four blockchain networks including Creditcoin, Ethereum, BSC, and Base via Wormhole.
Limited-time staking program offers 10% APR exclusively for $SPACE tokens held on the Creditcoin network.
Spacecoin has officially launched its $SPACE token across multiple blockchain networks and trading platforms. The token is now available on Creditcoin, Ethereum, BSC, and Base networks.
Major centralized exchanges including Binance, Kraken, OKX, and KuCoin have listed the token for trading.
The launch marks a transition from technical demonstration to economic participation for the satellite internet project.
Multi-Platform Trading Access and Exchange Listings
The $SPACE token debuted simultaneously on several prominent cryptocurrency exchanges. Binance offers trading through its Alpha and Futures platforms.
Kraken provides spot trading access to users. OKX supports both spot and perpetual contracts for the token. Additional platforms include Bitget, Coinone, MEXC, Bybit, and Blockchain.com.
The project announced that “$SPACE is GO for Launch” following years of development. According to Spacecoin, the initiative involved “groundbreaking engineering across three very different industries (blockchain, space, and telecom).”
https://t.co/albWKrKcMU
— Spacecoin (@spacecoin) January 23, 2026
The company stated its belief that “access should be as universal as the internet we’re building.” This philosophy guided the decision to launch across multiple major platforms.
Spacecoin partnered with World Liberty Financial for a limited promotional offering on select platforms. The collaboration aims to increase initial token distribution.
Users can verify contract addresses on each network before conducting transactions. The company emphasizes the importance of address verification to prevent errors.
Decentralized exchange options are also available for traders preferring non-custodial platforms. PancakeSwap supports $SPACE trading and liquidity provision across multiple chains.
Aster DEX is running a campaign with $150,000 in $ASTER rewards. The platform also offers 15,750,000 $SPACE tokens as trading incentives.
Airdrop Distribution and Staking Opportunities
Eligible participants can claim airdrop rewards through the official portal. Season 1 participants receive 25% of rewards at token generation.
The remaining allocation unlocks monthly over three months. Season 2 follows a different schedule with 33.3% monthly unlocks starting one month after launch.
Spacecoin described the airdrop as recognition for “pioneering Cadets who believed in Spacecoin before it was even a whisper among the stars.”
The team characterized community support as “the rocket fuel for our journey.” The airdrop serves as the company’s “salute to your dedication” according to the announcement.
Eligibility requires holding specific assets during the qualification period. Accepted assets include CTC tokens, WCTC, and designated NFTs.
Participants must have connected wallets to the Spacecoin platform. Social mission completion was mandatory for reward qualification.
The project implemented strict anti-abuse measures during the airdrop process. The company stated that “the $SPACE airdrop is for genuine Cadets, not bots or those who tried to game the system.”
Accounts flagged for suspicious activity are ineligible for rewards. Users disagreeing with decisions can submit review requests with supporting evidence.
The post Spacecoin Launches $SPACE Token on Major Exchanges With Airdrop Rewards appeared first on Blockonomi.
Kryptowaluty wchodzą do głównego nurtu: Firmy w Las Vegas teraz akceptują płatności Bitcoinem
TLDR:
Firmy w Las Vegas zgłaszają zwiększony ruch klientów z narzędzi odkrywania usług mapowania Bitcoina.
Square likwiduje opłaty za przetwarzanie Bitcoina do 2026 roku dla czterech milionów handlowców w USA.
Płatności w Bitcoinie oszczędzają firmom od 2,5 do 3,5 procent kosztów tradycyjnego przetwarzania kart kredytowych.
Cane Juice Bar pozyskuje nowych klientów szukających konkretnie lokali akceptujących Bitcoina.
Handlowcy w Dolinie Las Vegas przyjmują Bitcoina jako legalną metodę płatności, co sygnalizuje przejście kryptowaluty z niszowej technologii do głównego nurtu handlu.
Firmy w Las Vegas zgłaszają zwiększony ruch klientów z narzędzi odkrywania usług mapowania Bitcoina.
Square likwiduje opłaty za przetwarzanie Bitcoina do 2026 roku dla czterech milionów handlowców w USA.
Płatności w Bitcoinie oszczędzają firmom od 2,5 do 3,5 procent kosztów tradycyjnego przetwarzania kart kredytowych.
Cane Juice Bar pozyskuje nowych klientów szukających konkretnie lokali akceptujących Bitcoina.
Handlowcy w Dolinie Las Vegas przyjmują Bitcoina jako legalną metodę płatności, co sygnalizuje przejście kryptowaluty z niszowej technologii do głównego nurtu handlu.
CertiK CEO Ron Gu Outlines Web3 Security Strategy and Regulatory Engagement Path
TLDR:
CertiK has secured over $600 billion in crypto assets since 2017 with mathematical verification methods.
The firm’s Skynet platform serves 1.8 million users through Cornmarket and Binance Wallet integrations.
CertiK actively shapes Web3 policy by submitting comments on stablecoin regulations across global markets.
A future IPO could signal traditional finance recognition and accelerate mainstream blockchain adoption.
CertiK co-founder and CEO Ron Gu has outlined the blockchain security firm’s strategic direction as Web3 infrastructure matures.
The company, valued at $2 billion with backing from Binance and SoftBank, has secured over $600 billion in crypto assets since 2017.
Gu emphasized building trust through auditing services and regulatory engagement. The firm’s approach combines formal verification with proactive policy participation across global markets.
Mathematical Guarantees Drive Blockchain Security Innovation
CertiK’s foundation traces back to a 2016 research breakthrough involving a hacker-resistant operating system kernel. The DAO attack on Ethereum that same year catalyzed the team’s pivot toward blockchain security applications.
Gu recounted how this pivotal moment shaped CertiK’s mission to bring mathematical guarantees to blockchain systems and smart contracts.
This technical foundation distinguishes CertiK’s methodology from conventional security approaches.
The company’s growth trajectory reflects increasing demand for rigorous blockchain security solutions. CertiK achieved unicorn status through systematic expansion of its auditing and verification services.
Gu noted the firm’s commitment to “Elevate your web3 journey,” a slogan reflecting their trust-building mission. The firm’s Skynet platform now serves 1.8 million users through integrations with CoinMarketCap and Binance Wallet.
Strategic investments from industry leaders have enabled CertiK to develop institutional-grade auditing capabilities.
The company leverages formal verification techniques alongside artificial intelligence for comprehensive code analysis.
Follow-up funding from Binance supports expansion into traditional sector collaborations. These resources position CertiK to scale verification services as blockchain adoption accelerates.
Regulatory Engagement Shapes Compliance Framework Development
Gu highlighted CertiK’s active participation in shaping Web3 regulatory standards across jurisdictions. The company submits detailed comments on policy proposals, including stablecoin frameworks in Hong Kong and Japan.
CertiK also provided input on the Clarity Bill in the United States. This engagement reflects recognition that effective regulation requires technical cybersecurity expertise.
Beyond advisory contributions, CertiK develops specialized monitoring tools for regulatory bodies. The Skynet Enterprise platform enables authorities to assess and mitigate Web3-related risks systematically.
These tools address regulators’ need for visibility into blockchain ecosystem dynamics. CertiK’s position bridges technical security requirements with compliance obligations.
The company maintains an eventual IPO as a strategic objective, though concrete plans remain unformed. Gu believes a successful public offering would signal traditional finance’s recognition of Web3 infrastructure maturity.
According to Gu, such validation could accelerate mainstream adoption of blockchain technology. Meanwhile, CertiK continues expanding its verification services and regulatory partnerships to strengthen its market position.
The post CertiK CEO Ron Gu Outlines Web3 Security Strategy and Regulatory Engagement Path appeared first on Blockonomi.
CertiK has secured over $600 billion in crypto assets since 2017 with mathematical verification methods.
The firm’s Skynet platform serves 1.8 million users through Cornmarket and Binance Wallet integrations.
CertiK actively shapes Web3 policy by submitting comments on stablecoin regulations across global markets.
A future IPO could signal traditional finance recognition and accelerate mainstream blockchain adoption.
CertiK co-founder and CEO Ron Gu has outlined the blockchain security firm’s strategic direction as Web3 infrastructure matures.
The company, valued at $2 billion with backing from Binance and SoftBank, has secured over $600 billion in crypto assets since 2017.
Gu emphasized building trust through auditing services and regulatory engagement. The firm’s approach combines formal verification with proactive policy participation across global markets.
Mathematical Guarantees Drive Blockchain Security Innovation
CertiK’s foundation traces back to a 2016 research breakthrough involving a hacker-resistant operating system kernel. The DAO attack on Ethereum that same year catalyzed the team’s pivot toward blockchain security applications.
Gu recounted how this pivotal moment shaped CertiK’s mission to bring mathematical guarantees to blockchain systems and smart contracts.
This technical foundation distinguishes CertiK’s methodology from conventional security approaches.
The company’s growth trajectory reflects increasing demand for rigorous blockchain security solutions. CertiK achieved unicorn status through systematic expansion of its auditing and verification services.
Gu noted the firm’s commitment to “Elevate your web3 journey,” a slogan reflecting their trust-building mission. The firm’s Skynet platform now serves 1.8 million users through integrations with CoinMarketCap and Binance Wallet.
Strategic investments from industry leaders have enabled CertiK to develop institutional-grade auditing capabilities.
The company leverages formal verification techniques alongside artificial intelligence for comprehensive code analysis.
Follow-up funding from Binance supports expansion into traditional sector collaborations. These resources position CertiK to scale verification services as blockchain adoption accelerates.
Regulatory Engagement Shapes Compliance Framework Development
Gu highlighted CertiK’s active participation in shaping Web3 regulatory standards across jurisdictions. The company submits detailed comments on policy proposals, including stablecoin frameworks in Hong Kong and Japan.
CertiK also provided input on the Clarity Bill in the United States. This engagement reflects recognition that effective regulation requires technical cybersecurity expertise.
Beyond advisory contributions, CertiK develops specialized monitoring tools for regulatory bodies. The Skynet Enterprise platform enables authorities to assess and mitigate Web3-related risks systematically.
These tools address regulators’ need for visibility into blockchain ecosystem dynamics. CertiK’s position bridges technical security requirements with compliance obligations.
The company maintains an eventual IPO as a strategic objective, though concrete plans remain unformed. Gu believes a successful public offering would signal traditional finance’s recognition of Web3 infrastructure maturity.
According to Gu, such validation could accelerate mainstream adoption of blockchain technology. Meanwhile, CertiK continues expanding its verification services and regulatory partnerships to strengthen its market position.
The post CertiK CEO Ron Gu Outlines Web3 Security Strategy and Regulatory Engagement Path appeared first on Blockonomi.
GameStop Moves $422M Bitcoin Treasury to Coinbase Prime Sparking Sale Concerns
TLDR:
GameStop transferred 4,710 BTC worth $422 million to Coinbase Prime institutional trading platform Friday.
The retailer accumulated Bitcoin in May 2025 at $107,900 average price, now trading around $90,800 per coin.
CryptoQuant detected the move and suggested it signals a sale that could realize approximately $76M in losses.
CEO Ryan Cohen recently purchased $10M in GME shares while the Bitcoin treasury strategy faces scrutiny.
GameStop has moved its complete Bitcoin treasury to Coinbase Prime, triggering widespread speculation about the retailer’s cryptocurrency strategy.
The video game company transferred 4,710 BTC worth approximately $422 million to the institutional trading platform.
Blockchain analytics firm CryptoQuant first detected the transaction and suggested the move signals a potential sale. The transfer could result in significant losses if executed at current market prices.
Corporate Treasury Strategy Faces Test
GameStop accumulated its Bitcoin position between May 14 and May 23, 2025, purchasing the digital assets at an average price of $107,900 per coin. The total investment amounted to roughly $504 million across multiple transactions.
Current Bitcoin prices hover around $90,800, creating an unrealized loss position for the retailer. A complete liquidation at prevailing rates would generate approximately $76 million in losses.
The company entered the Bitcoin treasury space following discussions between CEO Ryan Cohen and Strategy Chairman Michael Saylor in February 2025.
Strategy holds over 709,000 BTC and has championed corporate Bitcoin adoption strategies. GameStop joined more than 190 publicly traded companies maintaining Bitcoin on their balance sheets.
The trend expanded throughout 2024 and early 2025 as firms explored alternative treasury management approaches.
CryptoQuant raised questions about GameStop’s intentions through a social media post on Friday.
The blockchain intelligence platform asked whether the retailer was abandoning its position, writing “GameStop throws in the towel?” in a post to X. The firm noted the transfer was “likely to sell” the holdings, given the movement to Coinbase Prime.
GameStop throws in the towel?
Their on-chain wallets just moved all BTC holdings to Coinbase Prime, likely to sell.
Between May 14–23, 2025, they bought 4,710 BTC at an avg. price of $107.9K, investing ~$504M.
Now selling for around $90.8K, potentially realising approximately… pic.twitter.com/Bp7MwRVQ43
— CryptoQuant.com (@cryptoquant_com) January 23, 2026
Coinbase Prime serves as an institutional-grade execution platform designed for large-scale cryptocurrency transactions. The platform typically facilitates high-volume trades for corporate and institutional clients.
GameStop has not issued any public statement regarding the transfer or its plans. Cointelegraph contacted the company for comment but received no immediate response.
The absence of official communication has fueled market speculation about the retailer’s next moves. Industry observers continue monitoring on-chain activity for additional signals.
Market Conditions Challenge Digital Asset Treasuries
The corporate Bitcoin treasury model attracted attention during the bull market of 2024 and early 2025. Companies diversified into Ethereum, Solana, and various altcoins beyond Bitcoin holdings.
However, market volatility in late 2025 tested the sustainability of these strategies. Share prices of digital asset treasury companies declined as investors questioned the approach.
Bitcoin’s price volatility has created challenges for firms using the cryptocurrency as a treasury asset. Many companies now face unrealized losses on their digital holdings.
The sustainability debate intensified as crypto market movements outpaced operational business performance for several treasury-focused firms.
GameStop’s potential exit would represent a notable reversal in corporate cryptocurrency adoption.
Ryan Cohen purchased 500,000 additional GameStop shares worth over $10 million on Wednesday. The transaction appeared in regulatory filings and contributed to a 3% stock price increase on Thursday.
Cohen has consistently increased his personal stake in the company throughout recent months. Some analysts view the share purchase as a confidence signal in GameStop’s core business operations.
The timing of Cohen’s stock purchase alongside the Bitcoin transfer raises questions about strategic priorities.
Market participants debate whether GameStop plans to refocus resources on traditional retail operations.
The company has not clarified whether treasury reallocation connects to broader business strategy adjustments.
The post GameStop Moves $422M Bitcoin Treasury to Coinbase Prime Sparking Sale Concerns appeared first on Blockonomi.
GameStop transferred 4,710 BTC worth $422 million to Coinbase Prime institutional trading platform Friday.
The retailer accumulated Bitcoin in May 2025 at $107,900 average price, now trading around $90,800 per coin.
CryptoQuant detected the move and suggested it signals a sale that could realize approximately $76M in losses.
CEO Ryan Cohen recently purchased $10M in GME shares while the Bitcoin treasury strategy faces scrutiny.
GameStop has moved its complete Bitcoin treasury to Coinbase Prime, triggering widespread speculation about the retailer’s cryptocurrency strategy.
The video game company transferred 4,710 BTC worth approximately $422 million to the institutional trading platform.
Blockchain analytics firm CryptoQuant first detected the transaction and suggested the move signals a potential sale. The transfer could result in significant losses if executed at current market prices.
Corporate Treasury Strategy Faces Test
GameStop accumulated its Bitcoin position between May 14 and May 23, 2025, purchasing the digital assets at an average price of $107,900 per coin. The total investment amounted to roughly $504 million across multiple transactions.
Current Bitcoin prices hover around $90,800, creating an unrealized loss position for the retailer. A complete liquidation at prevailing rates would generate approximately $76 million in losses.
The company entered the Bitcoin treasury space following discussions between CEO Ryan Cohen and Strategy Chairman Michael Saylor in February 2025.
Strategy holds over 709,000 BTC and has championed corporate Bitcoin adoption strategies. GameStop joined more than 190 publicly traded companies maintaining Bitcoin on their balance sheets.
The trend expanded throughout 2024 and early 2025 as firms explored alternative treasury management approaches.
CryptoQuant raised questions about GameStop’s intentions through a social media post on Friday.
The blockchain intelligence platform asked whether the retailer was abandoning its position, writing “GameStop throws in the towel?” in a post to X. The firm noted the transfer was “likely to sell” the holdings, given the movement to Coinbase Prime.
GameStop throws in the towel?
Their on-chain wallets just moved all BTC holdings to Coinbase Prime, likely to sell.
Between May 14–23, 2025, they bought 4,710 BTC at an avg. price of $107.9K, investing ~$504M.
Now selling for around $90.8K, potentially realising approximately… pic.twitter.com/Bp7MwRVQ43
— CryptoQuant.com (@cryptoquant_com) January 23, 2026
Coinbase Prime serves as an institutional-grade execution platform designed for large-scale cryptocurrency transactions. The platform typically facilitates high-volume trades for corporate and institutional clients.
GameStop has not issued any public statement regarding the transfer or its plans. Cointelegraph contacted the company for comment but received no immediate response.
The absence of official communication has fueled market speculation about the retailer’s next moves. Industry observers continue monitoring on-chain activity for additional signals.
Market Conditions Challenge Digital Asset Treasuries
The corporate Bitcoin treasury model attracted attention during the bull market of 2024 and early 2025. Companies diversified into Ethereum, Solana, and various altcoins beyond Bitcoin holdings.
However, market volatility in late 2025 tested the sustainability of these strategies. Share prices of digital asset treasury companies declined as investors questioned the approach.
Bitcoin’s price volatility has created challenges for firms using the cryptocurrency as a treasury asset. Many companies now face unrealized losses on their digital holdings.
The sustainability debate intensified as crypto market movements outpaced operational business performance for several treasury-focused firms.
GameStop’s potential exit would represent a notable reversal in corporate cryptocurrency adoption.
Ryan Cohen purchased 500,000 additional GameStop shares worth over $10 million on Wednesday. The transaction appeared in regulatory filings and contributed to a 3% stock price increase on Thursday.
Cohen has consistently increased his personal stake in the company throughout recent months. Some analysts view the share purchase as a confidence signal in GameStop’s core business operations.
The timing of Cohen’s stock purchase alongside the Bitcoin transfer raises questions about strategic priorities.
Market participants debate whether GameStop plans to refocus resources on traditional retail operations.
The company has not clarified whether treasury reallocation connects to broader business strategy adjustments.
The post GameStop Moves $422M Bitcoin Treasury to Coinbase Prime Sparking Sale Concerns appeared first on Blockonomi.
Bitcoin Sell-Off Deepens as Whales and Institutions Dump Holdings Amid Weak Demand
TLDR:
Whale holdings turn negative after prolonged accumulation through 2024 and early 2025 period
Bitcoin apparent demand shifts from positive in mid-2025 to sustained red zone in January 2026
Dolphin addresses holding 1K-10K BTC move from aggressive accumulation to profit-taking mode
Coinbase Premium Index remains deeply negative, showing a weak US institutional buying appetite
Bitcoin’s price struggle near $89,400 reflects a confluence of bearish signals across multiple investor segments. On-chain data reveals coordinated distribution by large holders, weakening demand patterns, and declining institutional appetite from US-based traders.
The cryptocurrency faces mounting pressure as market participants shift from accumulation to profit-taking, marking a potential inflection point for the digital asset’s near-term trajectory.
Large Holders Shift to Distribution Mode
Bitcoin’s apparent demand has transitioned sharply from positive territory in mid-2025 to sustained negative readings throughout January 2026.
Long-term holders are distributing coins at a faster rate than new buyers can absorb. This supply overhang creates downward pressure on price action.
The market absorption capacity appears insufficient to offset the selling volume from experienced investors.
Whale addresses holding between 1,000 and 10,000 BTC accumulated aggressively throughout 2024 and early 2025. The one-year change metric now shows a negative trajectory as of January 2026.
Historical patterns indicate that shrinking or negative whale accumulation often precedes extended price weakness.
Is the Party Over? Decoding the Bitcoin Sell-Off
“All four indicators are currently showing a bearish convergence. US institutional demand is weak, overall demand is negative, and both Dolphins and Whales are in a distribution (selling) phase.” – By @EgyHashX pic.twitter.com/7FApm4eLm6
— CryptoQuant.com (@cryptoquant_com) January 23, 2026
The largest market participants are exiting positions after a prolonged period of building exposure.
Dolphin holdings in the same address range demonstrate similar behavior patterns across recent weeks. The 30-day percentage change has dropped into negative territory following aggressive accumulation during 2025’s rally.
Medium-to-large investors have clearly pivoted from holding strategies to profit realization. This shift represents a meaningful change in positioning among sophisticated market participants.
The convergence of whale and dolphin distribution creates a vacuum in buying support. Without these large holders absorbing supply, retail demand alone proves inadequate for price stability.
The coordinated nature of this selling pressure suggests strategic repositioning rather than panic liquidation. Market structure has weakened considerably as key participants reduce exposure simultaneously.
Institutional Appetite Wanes Amid Price Decline
The Coinbase Premium Index remains deeply negative, reflecting weak demand from US-based investors and institutions.
This metric compares Coinbase pricing to global exchanges, revealing relative buying or selling pressure.
Current readings suggest American market participants are offloading positions or showing limited interest at present levels. The gap between US and international demand has widened substantially.
Two weeks prior, Bitcoin rallied from $90,000 to $97,500 following short-term bullish predictions. However, that momentum proved unsustainable as underlying demand conditions deteriorated.
The subsequent decline to $89,400 erased those gains. Price action now reflects the fundamental weakness across all major investor cohorts.
All four analyzed metrics point toward bearish convergence in January 2026. Apparent demand remains negative, whale holdings contract, dolphins distribute actively, and institutional appetite through Coinbase stays subdued.
This alignment of negative indicators rarely reverses quickly without significant catalysts. The market faces headwinds from multiple participant segments simultaneously.
The current environment differs markedly from the accumulation phases that characterized earlier periods. Old hands are rotating out of positions built during lower price levels.
New capital inflows remain insufficient to stabilize prices despite relatively modest declines. Market dynamics suggest further downside risk unless demand patterns shift materially in the coming weeks.
The post Bitcoin Sell-Off Deepens as Whales and Institutions Dump Holdings Amid Weak Demand appeared first on Blockonomi.
Whale holdings turn negative after prolonged accumulation through 2024 and early 2025 period
Bitcoin apparent demand shifts from positive in mid-2025 to sustained red zone in January 2026
Dolphin addresses holding 1K-10K BTC move from aggressive accumulation to profit-taking mode
Coinbase Premium Index remains deeply negative, showing a weak US institutional buying appetite
Bitcoin’s price struggle near $89,400 reflects a confluence of bearish signals across multiple investor segments. On-chain data reveals coordinated distribution by large holders, weakening demand patterns, and declining institutional appetite from US-based traders.
The cryptocurrency faces mounting pressure as market participants shift from accumulation to profit-taking, marking a potential inflection point for the digital asset’s near-term trajectory.
Large Holders Shift to Distribution Mode
Bitcoin’s apparent demand has transitioned sharply from positive territory in mid-2025 to sustained negative readings throughout January 2026.
Long-term holders are distributing coins at a faster rate than new buyers can absorb. This supply overhang creates downward pressure on price action.
The market absorption capacity appears insufficient to offset the selling volume from experienced investors.
Whale addresses holding between 1,000 and 10,000 BTC accumulated aggressively throughout 2024 and early 2025. The one-year change metric now shows a negative trajectory as of January 2026.
Historical patterns indicate that shrinking or negative whale accumulation often precedes extended price weakness.
Is the Party Over? Decoding the Bitcoin Sell-Off
“All four indicators are currently showing a bearish convergence. US institutional demand is weak, overall demand is negative, and both Dolphins and Whales are in a distribution (selling) phase.” – By @EgyHashX pic.twitter.com/7FApm4eLm6
— CryptoQuant.com (@cryptoquant_com) January 23, 2026
The largest market participants are exiting positions after a prolonged period of building exposure.
Dolphin holdings in the same address range demonstrate similar behavior patterns across recent weeks. The 30-day percentage change has dropped into negative territory following aggressive accumulation during 2025’s rally.
Medium-to-large investors have clearly pivoted from holding strategies to profit realization. This shift represents a meaningful change in positioning among sophisticated market participants.
The convergence of whale and dolphin distribution creates a vacuum in buying support. Without these large holders absorbing supply, retail demand alone proves inadequate for price stability.
The coordinated nature of this selling pressure suggests strategic repositioning rather than panic liquidation. Market structure has weakened considerably as key participants reduce exposure simultaneously.
Institutional Appetite Wanes Amid Price Decline
The Coinbase Premium Index remains deeply negative, reflecting weak demand from US-based investors and institutions.
This metric compares Coinbase pricing to global exchanges, revealing relative buying or selling pressure.
Current readings suggest American market participants are offloading positions or showing limited interest at present levels. The gap between US and international demand has widened substantially.
Two weeks prior, Bitcoin rallied from $90,000 to $97,500 following short-term bullish predictions. However, that momentum proved unsustainable as underlying demand conditions deteriorated.
The subsequent decline to $89,400 erased those gains. Price action now reflects the fundamental weakness across all major investor cohorts.
All four analyzed metrics point toward bearish convergence in January 2026. Apparent demand remains negative, whale holdings contract, dolphins distribute actively, and institutional appetite through Coinbase stays subdued.
This alignment of negative indicators rarely reverses quickly without significant catalysts. The market faces headwinds from multiple participant segments simultaneously.
The current environment differs markedly from the accumulation phases that characterized earlier periods. Old hands are rotating out of positions built during lower price levels.
New capital inflows remain insufficient to stabilize prices despite relatively modest declines. Market dynamics suggest further downside risk unless demand patterns shift materially in the coming weeks.
The post Bitcoin Sell-Off Deepens as Whales and Institutions Dump Holdings Amid Weak Demand appeared first on Blockonomi.
Plume Network osiąga istotne przełomy regulacyjne na rynkach globalnych w 2025 roku
TLDR:
Plume stał się zarejestrowanym agentem transferowym SEC w październiku 2025 roku, umożliwiając zgodne operacje w zakresie papierów wartościowych w USA.
Firma uruchomiła pierwszy fundusz rynku pieniężnego onchain uznawany przez regulatorów w Hongkongu i Singapurze.
Plume otrzymał licencję komercyjną od Abu Dhabi Global Market wraz z BlackRock i Deutsche Bank.
Sieć wdraża kontrole AML i KYC na poziomie sekwencera w celu zapewnienia zgodności regulacyjnej.
Dostawca infrastruktury blockchain, Plume Network, osiągnął kilka kamieni milowych regulacyjnych w 2025 roku, zdobywając zatwierdzenia od organów finansowych w Stanach Zjednoczonych, Hongkongu, Singapurze i Abu Zabi.
Plume stał się zarejestrowanym agentem transferowym SEC w październiku 2025 roku, umożliwiając zgodne operacje w zakresie papierów wartościowych w USA.
Firma uruchomiła pierwszy fundusz rynku pieniężnego onchain uznawany przez regulatorów w Hongkongu i Singapurze.
Plume otrzymał licencję komercyjną od Abu Dhabi Global Market wraz z BlackRock i Deutsche Bank.
Sieć wdraża kontrole AML i KYC na poziomie sekwencera w celu zapewnienia zgodności regulacyjnej.
Dostawca infrastruktury blockchain, Plume Network, osiągnął kilka kamieni milowych regulacyjnych w 2025 roku, zdobywając zatwierdzenia od organów finansowych w Stanach Zjednoczonych, Hongkongu, Singapurze i Abu Zabi.
Giganci telekomunikacyjni Deutsche Telekom i NTT Digital wchodzą w blockchain jako walidatorzy przedsiębiorstw
TLDR:
Deutsche Telekom i NTT Digital obsługują walidatory blockchain w wielu sieciach, w tym Theta.
Firmy telekomunikacyjne osiągają standardy dostępności na poziomie 99,999%, spełniające wymagania walidatorów blockchain.
Zyski z stakowania walidatorów z sieci blockchain często przewyższają tradycyjne strumienie przychodów telekomunikacyjnych.
Ponad 30,000 rozproszonych węzłów brzegowych przyczynia się do mocy obliczeniowej w hybrydowym modelu infrastruktury Theta.
Firmy telekomunikacyjne rozszerzają działalność na infrastrukturę blockchain, obsługując węzły walidatorów w rozproszonych sieciach.
Deutsche Telekom i NTT Digital obsługują walidatory blockchain w wielu sieciach, w tym Theta.
Firmy telekomunikacyjne osiągają standardy dostępności na poziomie 99,999%, spełniające wymagania walidatorów blockchain.
Zyski z stakowania walidatorów z sieci blockchain często przewyższają tradycyjne strumienie przychodów telekomunikacyjnych.
Ponad 30,000 rozproszonych węzłów brzegowych przyczynia się do mocy obliczeniowej w hybrydowym modelu infrastruktury Theta.
Firmy telekomunikacyjne rozszerzają działalność na infrastrukturę blockchain, obsługując węzły walidatorów w rozproszonych sieciach.
Binance Smart Chain Revenue Surge Mirrors Pre-Correction Pattern as Network Activity Intensifies
TLDR:
Binance Smart Chain revenue reached $2.5M on January 22, matching the $2.63M peak recorded in mid-October 2024
October’s similar revenue spike preceded Bitcoin’s 25% decline from $110,000 to below $83,000
Elevated fees indicate rising trading intensity, DeFi usage, and speculative behavior across BSC
Network demand patterns show increased block space utilization and higher gas prices in January
Binance Smart Chain recorded $2.5 million in daily revenue on January 22, matching levels last seen during previous market peaks.
The spike in blockchain fee revenue signals heightened network demand, with transaction volumes reaching thresholds that preceded significant price corrections in recent months.
On-chain metrics show traders paying elevated fees for token swaps, transfers, and smart contract interactions across BSC protocols.
BSC Fee Revenue Reaches October Peak Levels
Blockchain revenue metrics track user fees paid for network operations. These payments cover trading activities, token transfers, decentralized finance transactions, and smart contract deployments.
BSC’s January 22 revenue figure of $2.5 million represents the highest daily total since January 12, when fees peaked at $2.68 million.
Historical data provides context for the current activity surge. BSC last reached $2.63 million in daily revenue during mid-October. Bitcoin prices stood near $110,000 at that time.
Source: Cryptoquant
Subsequently, BTC experienced a 25% decline, dropping below $83,000 within weeks. The correlation between elevated BSC fees and market corrections has appeared multiple times across different timeframes.
Network revenue spikes typically reflect several market conditions. Trading intensity increases as participants execute more frequent transactions. Speculative behavior rises when users chase short-term price movements.
DeFi protocols experience heavier usage during periods of market volatility. These combined factors drive up gas fees and total network revenue.
Network Demand Patterns Signal Market Heating
The current BSC revenue spike follows a familiar pattern observed in previous cycles. Fee revenue remains relatively stable during normal market conditions.
Sharp increases occur when speculation intensifies and trading volumes expand rapidly. The January 22 data point suggests similar dynamics are currently playing out across Binance Smart Chain.
Transaction demand across DeFi protocols has climbed steadily throughout January. Users are paying higher fees to interact with automated market makers, lending platforms, and yield farming contracts.
The willingness to absorb elevated transaction costs indicates strong conviction among market participants. However, sustained high fee levels often precede periods of consolidation or correction.
Network usage metrics confirm the heightened activity. Block space utilization has increased significantly. Gas prices have risen as users compete for transaction inclusion.
The combination of high revenue and elevated gas costs typically signals peak demand periods. Whether this translates to continued growth or impending correction remains uncertain based purely on fee revenue data.
The post Binance Smart Chain Revenue Surge Mirrors Pre-Correction Pattern as Network Activity Intensifies appeared first on Blockonomi.
Binance Smart Chain revenue reached $2.5M on January 22, matching the $2.63M peak recorded in mid-October 2024
October’s similar revenue spike preceded Bitcoin’s 25% decline from $110,000 to below $83,000
Elevated fees indicate rising trading intensity, DeFi usage, and speculative behavior across BSC
Network demand patterns show increased block space utilization and higher gas prices in January
Binance Smart Chain recorded $2.5 million in daily revenue on January 22, matching levels last seen during previous market peaks.
The spike in blockchain fee revenue signals heightened network demand, with transaction volumes reaching thresholds that preceded significant price corrections in recent months.
On-chain metrics show traders paying elevated fees for token swaps, transfers, and smart contract interactions across BSC protocols.
BSC Fee Revenue Reaches October Peak Levels
Blockchain revenue metrics track user fees paid for network operations. These payments cover trading activities, token transfers, decentralized finance transactions, and smart contract deployments.
BSC’s January 22 revenue figure of $2.5 million represents the highest daily total since January 12, when fees peaked at $2.68 million.
Historical data provides context for the current activity surge. BSC last reached $2.63 million in daily revenue during mid-October. Bitcoin prices stood near $110,000 at that time.
Source: Cryptoquant
Subsequently, BTC experienced a 25% decline, dropping below $83,000 within weeks. The correlation between elevated BSC fees and market corrections has appeared multiple times across different timeframes.
Network revenue spikes typically reflect several market conditions. Trading intensity increases as participants execute more frequent transactions. Speculative behavior rises when users chase short-term price movements.
DeFi protocols experience heavier usage during periods of market volatility. These combined factors drive up gas fees and total network revenue.
Network Demand Patterns Signal Market Heating
The current BSC revenue spike follows a familiar pattern observed in previous cycles. Fee revenue remains relatively stable during normal market conditions.
Sharp increases occur when speculation intensifies and trading volumes expand rapidly. The January 22 data point suggests similar dynamics are currently playing out across Binance Smart Chain.
Transaction demand across DeFi protocols has climbed steadily throughout January. Users are paying higher fees to interact with automated market makers, lending platforms, and yield farming contracts.
The willingness to absorb elevated transaction costs indicates strong conviction among market participants. However, sustained high fee levels often precede periods of consolidation or correction.
Network usage metrics confirm the heightened activity. Block space utilization has increased significantly. Gas prices have risen as users compete for transaction inclusion.
The combination of high revenue and elevated gas costs typically signals peak demand periods. Whether this translates to continued growth or impending correction remains uncertain based purely on fee revenue data.
The post Binance Smart Chain Revenue Surge Mirrors Pre-Correction Pattern as Network Activity Intensifies appeared first on Blockonomi.
Stablecoin Issuance on Brale: How Trust and Infrastructure Are Redefining Digital Dollars
TLDR:
Brale allows companies to issue stablecoins without managing banking or compliance infrastructure.
Trust and operating within regulation are central to institutional adoption of stablecoins.
Supporting multiple stablecoin issuers unlocked flows across chains, accounts, and virtual wallets.
Brale reduced entry costs, enabling developers to launch stablecoins without massive capital.
Stablecoin Issuance on Brale is transforming access to regulated digital dollars. In a recent episode of Block by Block, Denelle Dixon spoke with Ben Milne, Brale’s founder and CEO, about the future of fiat-backed stablecoins.
Drawing from his experience building payment infrastructure at Dwolla, Milne explained, “It’s like a big money computer,” highlighting Brale’s ability to let companies issue stablecoins without building the banking, compliance, or blockchain stack themselves.
The discussion emphasized trust and regulatory compliance as central to institutional adoption.
"We spent that first two and a half years building all that tech to get it down to a dollar in a minute…It’s literally like a million times better than the next best last thing.”
Brale lowered the cost and created a new starting point for builders. https://t.co/d49dYPbdUL
— Stellar (@StellarOrg) January 23, 2026
Trust and Regulatory Compliance
Trust framed the conversation from the start. Dixon said, “The defining question for institutional adoption of onchain assets isn’t speed, and it’s not cost. It really is trust.” She explained that institutions want clarity on who issues assets, how they are governed, and what happens when something goes wrong.
Expectations from regulators, banks, and enterprises are now much higher than a few years ago.
Milne agreed, stating, “Trust is earned by operating inside clear rules, not by trying to outrun them.” He added that Brale was built to work fully within existing money transmitter laws rather than seeking new regulatory frameworks.
“I thought it was best to be regulated,” he said, “and to build the business inside of the existing regulatory structure and not try to convince a new one.”
Brale spent the first two and a half years securing licenses and constructing custody, issuance, and signing systems internally.
Milne emphasized that this groundwork was essential before offering services to clients, explaining, “Only after that foundation was in place did the company begin selling to customers.”
Dixon noted that this focus on trust is reflected across institutional markets. “Well-designed open infrastructure can offer institutions capabilities they cannot get from closed systems,” she said, highlighting the broader importance of compliance-led credibility.
Infrastructure Expansion and Lower Barriers
A major shift occurred when Brale began supporting stablecoins it did not issue. Milne explained, “We kind of took a flyer and just did it because a customer asked. And it totally changed the business.” The move allowed Brale to support multiple issuers, unlocking flows across chains, bank accounts, and virtual accounts.
Milne described the effect on adoption, stating, “Usage absolutely exploded. What started as an accommodation clarified that Brale’s role is not just an issuer, but shared infrastructure for moving digital dollars.”
This change increased interoperability and access, demonstrating Brale’s role beyond a single-issuer model.
He also highlighted how Brale lowered the barrier for new entrants. “When we got started, it was like a hundred million bucks was the ticket to go launch a stablecoin,” Milne said.
“We spent that first two and a half years building all that tech to get it down to a dollar in a minute.” This approach reduced costs and created a more inclusive starting point for developers.
Tweets from users during the episode reinforced this point, showing excitement about permissionless access and open infrastructure.
Milne concluded with a long-term perspective: “It’s possible that stablecoins and protocols create the scenario where this is like edge compute for money. I think there’s something like that out there. I just don’t know what it is yet. I’m excited to find out.”
The post Stablecoin Issuance on Brale: How Trust and Infrastructure Are Redefining Digital Dollars appeared first on Blockonomi.
Brale allows companies to issue stablecoins without managing banking or compliance infrastructure.
Trust and operating within regulation are central to institutional adoption of stablecoins.
Supporting multiple stablecoin issuers unlocked flows across chains, accounts, and virtual wallets.
Brale reduced entry costs, enabling developers to launch stablecoins without massive capital.
Stablecoin Issuance on Brale is transforming access to regulated digital dollars. In a recent episode of Block by Block, Denelle Dixon spoke with Ben Milne, Brale’s founder and CEO, about the future of fiat-backed stablecoins.
Drawing from his experience building payment infrastructure at Dwolla, Milne explained, “It’s like a big money computer,” highlighting Brale’s ability to let companies issue stablecoins without building the banking, compliance, or blockchain stack themselves.
The discussion emphasized trust and regulatory compliance as central to institutional adoption.
"We spent that first two and a half years building all that tech to get it down to a dollar in a minute…It’s literally like a million times better than the next best last thing.”
Brale lowered the cost and created a new starting point for builders. https://t.co/d49dYPbdUL
— Stellar (@StellarOrg) January 23, 2026
Trust and Regulatory Compliance
Trust framed the conversation from the start. Dixon said, “The defining question for institutional adoption of onchain assets isn’t speed, and it’s not cost. It really is trust.” She explained that institutions want clarity on who issues assets, how they are governed, and what happens when something goes wrong.
Expectations from regulators, banks, and enterprises are now much higher than a few years ago.
Milne agreed, stating, “Trust is earned by operating inside clear rules, not by trying to outrun them.” He added that Brale was built to work fully within existing money transmitter laws rather than seeking new regulatory frameworks.
“I thought it was best to be regulated,” he said, “and to build the business inside of the existing regulatory structure and not try to convince a new one.”
Brale spent the first two and a half years securing licenses and constructing custody, issuance, and signing systems internally.
Milne emphasized that this groundwork was essential before offering services to clients, explaining, “Only after that foundation was in place did the company begin selling to customers.”
Dixon noted that this focus on trust is reflected across institutional markets. “Well-designed open infrastructure can offer institutions capabilities they cannot get from closed systems,” she said, highlighting the broader importance of compliance-led credibility.
Infrastructure Expansion and Lower Barriers
A major shift occurred when Brale began supporting stablecoins it did not issue. Milne explained, “We kind of took a flyer and just did it because a customer asked. And it totally changed the business.” The move allowed Brale to support multiple issuers, unlocking flows across chains, bank accounts, and virtual accounts.
Milne described the effect on adoption, stating, “Usage absolutely exploded. What started as an accommodation clarified that Brale’s role is not just an issuer, but shared infrastructure for moving digital dollars.”
This change increased interoperability and access, demonstrating Brale’s role beyond a single-issuer model.
He also highlighted how Brale lowered the barrier for new entrants. “When we got started, it was like a hundred million bucks was the ticket to go launch a stablecoin,” Milne said.
“We spent that first two and a half years building all that tech to get it down to a dollar in a minute.” This approach reduced costs and created a more inclusive starting point for developers.
Tweets from users during the episode reinforced this point, showing excitement about permissionless access and open infrastructure.
Milne concluded with a long-term perspective: “It’s possible that stablecoins and protocols create the scenario where this is like edge compute for money. I think there’s something like that out there. I just don’t know what it is yet. I’m excited to find out.”
The post Stablecoin Issuance on Brale: How Trust and Infrastructure Are Redefining Digital Dollars appeared first on Blockonomi.
Jak Arc upraszcza wdrażanie tokenizowanych aktywów z portfelami Circle
TLDR:
Arc umożliwia wdrażanie ERC-20 bez pisania Solidity przy użyciu wstępnie audytowanych szablonów Circle.
Portfele kontrolowane przez deweloperów zarządzają kontraktami, mintowaniem i transakcjami w sposób bezpieczny na Arc.
Opłaty oparte na USDC zapewniają stabilne, przewidywalne koszty wdrażania kontraktów i operacji.
Monitorowanie webhooków zapewnia śledzenie w czasie rzeczywistym transferów i wydarzeń tokenowych na Arc.
Tokenizowane aktywa na Arc przyciągają mierzone zainteresowanie, gdy deweloperzy oceniają infrastrukturę, która zmniejsza złożoność wdrażania, jednocześnie zachowując zgodność z Ethereum.
Arc umożliwia wdrażanie ERC-20 bez pisania Solidity przy użyciu wstępnie audytowanych szablonów Circle.
Portfele kontrolowane przez deweloperów zarządzają kontraktami, mintowaniem i transakcjami w sposób bezpieczny na Arc.
Opłaty oparte na USDC zapewniają stabilne, przewidywalne koszty wdrażania kontraktów i operacji.
Monitorowanie webhooków zapewnia śledzenie w czasie rzeczywistym transferów i wydarzeń tokenowych na Arc.
Tokenizowane aktywa na Arc przyciągają mierzone zainteresowanie, gdy deweloperzy oceniają infrastrukturę, która zmniejsza złożoność wdrażania, jednocześnie zachowując zgodność z Ethereum.
Vitalik Buterin Calls for Strategic Institutional Cooperation While Defending Crypto Self-Soverei...
TLDR:
Institutions demonstrate contradictory behavior by supporting open source while simultaneously pushing encryption backdoors.
Corporate entities often enforce stricter data sovereignty policies than individual users implement for security.
Geographic distribution of blockchain governance becomes critical factor in institutional stablecoin adoption decisions.
Institutional self-custody of Ethereum assets strengthens network decentralization rather than undermining blockchain principles.
Ethereum co-founder Vitalik Buterin has shared his analysis on the evolving relationship between institutional players and the cypherpunk movement.
In a detailed social media thread, Buterin argued that institutions represent neither certain allies nor adversaries in the crypto space.
The commentary addresses how the Ethereum community should navigate this complex dynamic while preserving core values of decentralization and individual sovereignty.
Institutional Behavior Displays Dual Nature
Buterin opened his thread by stating that “the relationship between institutions and cypherpunk is complex and needs to be understood properly.”
He presented concrete examples demonstrating contradictory institutional approaches to technology and privacy. According to Buterin, “institutions (both governments and corporations) are neither guaranteed friend nor foe.”
The European Union actively pursues aggressive support for open source development through recent consultations. At the same time, EU bureaucrats advocate for Chat Control policies mandating encryption backdoors.
The Patriot Act remains in force, which Buterin observed “neither party now expresses much interest in repealing.” Meanwhile, the US government has become a notable user of Signal for secure communications.
These examples reveal a consistent pattern in how institutions operate across different contexts. Buterin explained that “the game-theoretic optimum for an institution is to have control over what it can control, but also to resist intrusion by others.”
Organizations prioritize maintaining control over their own operations while simultaneously resisting external intrusion attempts.
The relationship between "institutions" and "cypherpunk" is complex and needs to be understood properly. In truth, institutions (both governments and corporations) are neither guaranteed friend nor foe.
Exhibit A: https://t.co/YsbBgztMIN European Union seeking to aggressively… https://t.co/5fxQgw5ctO
— vitalik.eth (@VitalikButerin) January 23, 2026
He noted that “institutions are often staffed by highly sophisticated people, who have a much deeper understanding of these issues than regular people.”
Corporate policies often drive rejection of software that collects excessive user data. Buterin challenged the notion that data sovereignty tools appeal only to enthusiast communities.
He stated that “serious people are often more robustness-minded than retail and many already have policies even stricter than what I advocate.”
The Ethereum founder predicted that “institutions will want to more aggressively minimize their external trust dependencies, and have more guarantees over their operations.”
However, institutions naturally seek to maintain user dependency on their own services. Buterin emphasized that institutions do not want to “minimize your dependency on them,” making this the Ethereum community’s responsibility.
Stablecoin Markets and Privacy Tool Development
The stablecoin sector provides clear examples of these institutional dynamics in practice. Buterin outlined that “asset issuers in the EU will want a chain whose governance center of gravity is not overly US-based, and vice versa.”
American institutions apply the same logic when evaluating European-controlled chains. Geographic distribution of governance authority becomes a determining factor in institutional adoption decisions.
Government entities will continue advancing Know Your Customer requirements across digital asset platforms.
Buterin acknowledged that “governments will push for more KYC, but at the same time privacy tools will improve, because cypherpunks are working hard to make them improve.”
He predicted that “over the next decade we’ll see more attempts at ZK proof of source of funds.”
Institutions holding Ethereum assets demand direct control over their wallets and staking infrastructure. Buterin noted that “institutions will want to control their own wallets, and even their own staking if they stake ETH,” adding that “this is actually good for ethereum staking decentralization.”
These organizations will not voluntarily create self-sovereign wallet solutions for everyday users. Smart contract wallets and social recovery mechanisms remain priorities for Ethereum developers.
Buterin emphasized that “Ethereum is the censorship-resistant world computer: we do not have to approve of every activity that happens on the world computer.”
He stated that the existence of certain activities is “not up to me to decide.” The community should concentrate on building preferred systems atop Ethereum infrastructure that can compete effectively.
Cooperation with non-cypherpunk entities can accelerate decentralized solution adoption. Buterin concluded that “cypherpunk requires” openness to cooperation while “aggressively standing up for our own interests,” focusing on building “a financial, social and identity layer that protects people’s self-sovereignty and freedom.”
The post Vitalik Buterin Calls for Strategic Institutional Cooperation While Defending Crypto Self-Sovereignty appeared first on Blockonomi.
Institutions demonstrate contradictory behavior by supporting open source while simultaneously pushing encryption backdoors.
Corporate entities often enforce stricter data sovereignty policies than individual users implement for security.
Geographic distribution of blockchain governance becomes critical factor in institutional stablecoin adoption decisions.
Institutional self-custody of Ethereum assets strengthens network decentralization rather than undermining blockchain principles.
Ethereum co-founder Vitalik Buterin has shared his analysis on the evolving relationship between institutional players and the cypherpunk movement.
In a detailed social media thread, Buterin argued that institutions represent neither certain allies nor adversaries in the crypto space.
The commentary addresses how the Ethereum community should navigate this complex dynamic while preserving core values of decentralization and individual sovereignty.
Institutional Behavior Displays Dual Nature
Buterin opened his thread by stating that “the relationship between institutions and cypherpunk is complex and needs to be understood properly.”
He presented concrete examples demonstrating contradictory institutional approaches to technology and privacy. According to Buterin, “institutions (both governments and corporations) are neither guaranteed friend nor foe.”
The European Union actively pursues aggressive support for open source development through recent consultations. At the same time, EU bureaucrats advocate for Chat Control policies mandating encryption backdoors.
The Patriot Act remains in force, which Buterin observed “neither party now expresses much interest in repealing.” Meanwhile, the US government has become a notable user of Signal for secure communications.
These examples reveal a consistent pattern in how institutions operate across different contexts. Buterin explained that “the game-theoretic optimum for an institution is to have control over what it can control, but also to resist intrusion by others.”
Organizations prioritize maintaining control over their own operations while simultaneously resisting external intrusion attempts.
The relationship between "institutions" and "cypherpunk" is complex and needs to be understood properly. In truth, institutions (both governments and corporations) are neither guaranteed friend nor foe.
Exhibit A: https://t.co/YsbBgztMIN European Union seeking to aggressively… https://t.co/5fxQgw5ctO
— vitalik.eth (@VitalikButerin) January 23, 2026
He noted that “institutions are often staffed by highly sophisticated people, who have a much deeper understanding of these issues than regular people.”
Corporate policies often drive rejection of software that collects excessive user data. Buterin challenged the notion that data sovereignty tools appeal only to enthusiast communities.
He stated that “serious people are often more robustness-minded than retail and many already have policies even stricter than what I advocate.”
The Ethereum founder predicted that “institutions will want to more aggressively minimize their external trust dependencies, and have more guarantees over their operations.”
However, institutions naturally seek to maintain user dependency on their own services. Buterin emphasized that institutions do not want to “minimize your dependency on them,” making this the Ethereum community’s responsibility.
Stablecoin Markets and Privacy Tool Development
The stablecoin sector provides clear examples of these institutional dynamics in practice. Buterin outlined that “asset issuers in the EU will want a chain whose governance center of gravity is not overly US-based, and vice versa.”
American institutions apply the same logic when evaluating European-controlled chains. Geographic distribution of governance authority becomes a determining factor in institutional adoption decisions.
Government entities will continue advancing Know Your Customer requirements across digital asset platforms.
Buterin acknowledged that “governments will push for more KYC, but at the same time privacy tools will improve, because cypherpunks are working hard to make them improve.”
He predicted that “over the next decade we’ll see more attempts at ZK proof of source of funds.”
Institutions holding Ethereum assets demand direct control over their wallets and staking infrastructure. Buterin noted that “institutions will want to control their own wallets, and even their own staking if they stake ETH,” adding that “this is actually good for ethereum staking decentralization.”
These organizations will not voluntarily create self-sovereign wallet solutions for everyday users. Smart contract wallets and social recovery mechanisms remain priorities for Ethereum developers.
Buterin emphasized that “Ethereum is the censorship-resistant world computer: we do not have to approve of every activity that happens on the world computer.”
He stated that the existence of certain activities is “not up to me to decide.” The community should concentrate on building preferred systems atop Ethereum infrastructure that can compete effectively.
Cooperation with non-cypherpunk entities can accelerate decentralized solution adoption. Buterin concluded that “cypherpunk requires” openness to cooperation while “aggressively standing up for our own interests,” focusing on building “a financial, social and identity layer that protects people’s self-sovereignty and freedom.”
The post Vitalik Buterin Calls for Strategic Institutional Cooperation While Defending Crypto Self-Sovereignty appeared first on Blockonomi.
Fidelity Warns Bitcoin May Need Rebalancing Amid Gold’s Surge
TLDR
Jurrien Timmer from Fidelity questions whether Bitcoin’s recent surge to $95K signals a return to an uptrend or a countertrend bounce.
Timmer points out that Bitcoin’s momentum curve is an extreme outlier compared to historical trends, suggesting a potential market rebalancing.
Fidelity highlights the significant drop in Bitcoin futures interest and cooling inflows into Bitcoin ETFs as signs of institutional exhaustion.
Timmer compares Bitcoin’s performance with gold, which continues to rise as a reliable hedge against global monetary expansion.
The growing global money supply of $116.5 trillion may be affecting Bitcoin’s performance, while gold remains a stable investment.
Jurrien Timmer, Fidelity’s Director of Global Macro, has raised concerns about Bitcoin’s recent rally to $95,000. He questioned whether this price surge signifies a return to an uptrend or is merely a “countertrend trap.” Timmer’s analysis highlights Bitcoin’s extreme momentum curve and suggests that further rebalancing may be needed before a clear market bottom can be established.
Bitcoin Faces Uncertainty in the Wake of Global Money Supply Growth
Timmer linked Bitcoin’s uncertain trajectory to the growing global money supply, which now stands at $116.5 trillion. This increase, which is expanding at an annual rate of 11.4%, presents a challenge for Bitcoin’s role in the financial landscape. Despite Bitcoin’s rise, Timmer believes its current performance remains ambiguous, especially compared to the consistent growth of other assets.
Gold has continued to perform extremely well amid this evolving global world order. It also has beenkeeping up with the ever-expanding global money supply, which now sits at $116.5 trillion and growing at an 11.4% annual rate.
And Bitcoin? It’s hard to know whether the… pic.twitter.com/oniXJPpvDk
— Jurrien Timmer (@TimmerFidelity) January 23, 2026
Gold, in contrast, continues to perform well amid this global expansion. It has maintained its value as a reliable hedge, setting new highs. While Bitcoin struggles, gold is fulfilling its expected role as a store of value, which reinforces its continued appeal to investors.
Bitcoin Price Surge Remains Questionable, Says Timmer
Bitcoin’s rise from $80,000 to $95,000 has raised doubts about the sustainability of this upward movement. Timmer pointed out that the correction might not be over and the current rally could be part of a countertrend bounce. He observed that the cryptocurrency’s recent momentum deviates from historical norms, making the price action more difficult to interpret.
Furthermore, Timmer highlighted key liquidity indicators suggesting that institutional interest in Bitcoin is cooling. Specifically, he mentioned a significant drop in Bitcoin futures interest, which signals a reduction in leverage. He also noted that inflows into Bitcoin exchange-traded funds (ETFs) have slowed, pointing to exhaustion among institutional investors.
Timmer’s analysis draws attention to the discrepancy between Bitcoin and gold, particularly as the latter continues to thrive. While Bitcoin remains volatile, gold has proven to be resilient, providing a stable investment alternative. As a result, more institutional capital may continue to shift toward gold as a safer asset, leaving Bitcoin’s long-term performance uncertain.
The global financial landscape, marked by expanding money supply and fluctuating asset values, calls for a closer evaluation of Bitcoin’s place in the market. Investors must pay attention to liquidity signals and whether Bitcoin can maintain its support at $95,000.
The post Fidelity Warns Bitcoin May Need Rebalancing Amid Gold’s Surge appeared first on Blockonomi.
Jurrien Timmer from Fidelity questions whether Bitcoin’s recent surge to $95K signals a return to an uptrend or a countertrend bounce.
Timmer points out that Bitcoin’s momentum curve is an extreme outlier compared to historical trends, suggesting a potential market rebalancing.
Fidelity highlights the significant drop in Bitcoin futures interest and cooling inflows into Bitcoin ETFs as signs of institutional exhaustion.
Timmer compares Bitcoin’s performance with gold, which continues to rise as a reliable hedge against global monetary expansion.
The growing global money supply of $116.5 trillion may be affecting Bitcoin’s performance, while gold remains a stable investment.
Jurrien Timmer, Fidelity’s Director of Global Macro, has raised concerns about Bitcoin’s recent rally to $95,000. He questioned whether this price surge signifies a return to an uptrend or is merely a “countertrend trap.” Timmer’s analysis highlights Bitcoin’s extreme momentum curve and suggests that further rebalancing may be needed before a clear market bottom can be established.
Bitcoin Faces Uncertainty in the Wake of Global Money Supply Growth
Timmer linked Bitcoin’s uncertain trajectory to the growing global money supply, which now stands at $116.5 trillion. This increase, which is expanding at an annual rate of 11.4%, presents a challenge for Bitcoin’s role in the financial landscape. Despite Bitcoin’s rise, Timmer believes its current performance remains ambiguous, especially compared to the consistent growth of other assets.
Gold has continued to perform extremely well amid this evolving global world order. It also has beenkeeping up with the ever-expanding global money supply, which now sits at $116.5 trillion and growing at an 11.4% annual rate.
And Bitcoin? It’s hard to know whether the… pic.twitter.com/oniXJPpvDk
— Jurrien Timmer (@TimmerFidelity) January 23, 2026
Gold, in contrast, continues to perform well amid this global expansion. It has maintained its value as a reliable hedge, setting new highs. While Bitcoin struggles, gold is fulfilling its expected role as a store of value, which reinforces its continued appeal to investors.
Bitcoin Price Surge Remains Questionable, Says Timmer
Bitcoin’s rise from $80,000 to $95,000 has raised doubts about the sustainability of this upward movement. Timmer pointed out that the correction might not be over and the current rally could be part of a countertrend bounce. He observed that the cryptocurrency’s recent momentum deviates from historical norms, making the price action more difficult to interpret.
Furthermore, Timmer highlighted key liquidity indicators suggesting that institutional interest in Bitcoin is cooling. Specifically, he mentioned a significant drop in Bitcoin futures interest, which signals a reduction in leverage. He also noted that inflows into Bitcoin exchange-traded funds (ETFs) have slowed, pointing to exhaustion among institutional investors.
Timmer’s analysis draws attention to the discrepancy between Bitcoin and gold, particularly as the latter continues to thrive. While Bitcoin remains volatile, gold has proven to be resilient, providing a stable investment alternative. As a result, more institutional capital may continue to shift toward gold as a safer asset, leaving Bitcoin’s long-term performance uncertain.
The global financial landscape, marked by expanding money supply and fluctuating asset values, calls for a closer evaluation of Bitcoin’s place in the market. Investors must pay attention to liquidity signals and whether Bitcoin can maintain its support at $95,000.
The post Fidelity Warns Bitcoin May Need Rebalancing Amid Gold’s Surge appeared first on Blockonomi.
CertiK Eyes IPO Despite Past Controversies Weighing on Investor Confidence
TLDR:
CertiK announced IPO plans despite facing scrutiny over handling of $3 million Kraken vulnerability exploit.
The firm’s audit work for Huione Guarantee stablecoin raised concerns about due diligence on client projects.
Binance became CertiK’s largest investor with multi-eight figure follow-up investment announced in January 2026.
CertiK joins the wave of crypto IPOs, including Circle, BitGo, with Kraken and Ledger planning offerings this year.
CertiK, a blockchain security firm based in New York, has announced plans to pursue an initial public offering. However, past controversies have weighed heavily on market confidence ahead of the planned listing.
The firm has faced scrutiny over its handling of a roughly $3 million vulnerability at Kraken. Additionally, audit work on a stablecoin project linked to Huione Guarantee raised concerns.
As crypto-related IPO activity picks up, whether CertiK can regain investor confidence remains to be seen.
Scrutiny Over Security Practices Clouds IPO Plans
The firm’s reputation has suffered from several incidents that contradict its core mission. In 2024, CertiK employees discovered and exploited a roughly $3 million bug at crypto exchange Kraken.
The company characterized this as a white hat operation designed to test security measures. However, critics questioned why a business built on securing code appeared to break industry standards during the investigation.
The Kraken incident sparked widespread criticism within the crypto community. Industry observers noted that established protocols for responsible disclosure were seemingly ignored.
This raised fundamental questions about CertiK’s judgment and operational practices. The controversy cast doubt on whether the firm adheres to the ethical standards it promotes.
Adding to reputational damage, CertiK’s X account was compromised in 2024 after an employee fell victim to phishing.
The breach was particularly embarrassing for a company specializing in security audits. The incident highlighted potential vulnerabilities in the firm’s own internal security protocols.
A 2025 controversy proved even more damaging to market confidence—CertiK audited code for a stablecoin launched by Huione Guarantee, a Cambodian marketplace linked to criminal activity.
The platform allegedly facilitated money laundering, sold hacking tools, and offered equipment used in forced labor operations. CertiK issued an apology after the work came to light.
IPO Ambitions Face Uncertain Market Reception
Despite these setbacks, CEO Ronghui Gu remains confident about taking the company public. “Taking CertiK public is a natural next step as we continue scaling our products and technology,” he stated during an interview with Acumen Media.
Gu emphasized that the firm remains focused on strengthening trust, security, and transparency for the Web3 ecosystem.
The timing coincides with robust crypto IPO activity across the sector. Circle’s USDC issuer raised $1 billion in its public offering last year. BitGo kicked off 2026 by raising $213 million from investors on Thursday.
Other firms, including Bullish, Gemini, Galaxy Digital, Figure, and Exodus, also completed successful offerings recently.
Major crypto companies continue lining up public offerings for later this year. Kraken, Ledger, Consensys, and Aminoca Brands have all announced plans for IPOs.
The surge reflects growing institutional interest in cryptocurrency companies. However, CertiK faces a steeper climb than competitors, given its controversial track record.
The firm has raised $296 million since its 2018 founding and achieved a $2 billion valuation by 2022. Investors include Binance, SoftBank Vision Fund 2, Tiger Global, Sequoia Capital, and Goldman Sachs.
On January 6, CertiK announced a strategic partnership with YZi Labs. According to Gu, Binance recently made an eight-figure follow-up investment, becoming the firm’s largest investor.
Whether other institutional investors share Binance’s confidence remains the critical question. The controversies have created substantial hurdles that CertiK must overcome to attract public market capital.
The firm needs to demonstrate improved governance and ethical standards before investor confidence can be restored.
The post CertiK Eyes IPO Despite Past Controversies Weighing on Investor Confidence appeared first on Blockonomi.
CertiK announced IPO plans despite facing scrutiny over handling of $3 million Kraken vulnerability exploit.
The firm’s audit work for Huione Guarantee stablecoin raised concerns about due diligence on client projects.
Binance became CertiK’s largest investor with multi-eight figure follow-up investment announced in January 2026.
CertiK joins the wave of crypto IPOs, including Circle, BitGo, with Kraken and Ledger planning offerings this year.
CertiK, a blockchain security firm based in New York, has announced plans to pursue an initial public offering. However, past controversies have weighed heavily on market confidence ahead of the planned listing.
The firm has faced scrutiny over its handling of a roughly $3 million vulnerability at Kraken. Additionally, audit work on a stablecoin project linked to Huione Guarantee raised concerns.
As crypto-related IPO activity picks up, whether CertiK can regain investor confidence remains to be seen.
Scrutiny Over Security Practices Clouds IPO Plans
The firm’s reputation has suffered from several incidents that contradict its core mission. In 2024, CertiK employees discovered and exploited a roughly $3 million bug at crypto exchange Kraken.
The company characterized this as a white hat operation designed to test security measures. However, critics questioned why a business built on securing code appeared to break industry standards during the investigation.
The Kraken incident sparked widespread criticism within the crypto community. Industry observers noted that established protocols for responsible disclosure were seemingly ignored.
This raised fundamental questions about CertiK’s judgment and operational practices. The controversy cast doubt on whether the firm adheres to the ethical standards it promotes.
Adding to reputational damage, CertiK’s X account was compromised in 2024 after an employee fell victim to phishing.
The breach was particularly embarrassing for a company specializing in security audits. The incident highlighted potential vulnerabilities in the firm’s own internal security protocols.
A 2025 controversy proved even more damaging to market confidence—CertiK audited code for a stablecoin launched by Huione Guarantee, a Cambodian marketplace linked to criminal activity.
The platform allegedly facilitated money laundering, sold hacking tools, and offered equipment used in forced labor operations. CertiK issued an apology after the work came to light.
IPO Ambitions Face Uncertain Market Reception
Despite these setbacks, CEO Ronghui Gu remains confident about taking the company public. “Taking CertiK public is a natural next step as we continue scaling our products and technology,” he stated during an interview with Acumen Media.
Gu emphasized that the firm remains focused on strengthening trust, security, and transparency for the Web3 ecosystem.
The timing coincides with robust crypto IPO activity across the sector. Circle’s USDC issuer raised $1 billion in its public offering last year. BitGo kicked off 2026 by raising $213 million from investors on Thursday.
Other firms, including Bullish, Gemini, Galaxy Digital, Figure, and Exodus, also completed successful offerings recently.
Major crypto companies continue lining up public offerings for later this year. Kraken, Ledger, Consensys, and Aminoca Brands have all announced plans for IPOs.
The surge reflects growing institutional interest in cryptocurrency companies. However, CertiK faces a steeper climb than competitors, given its controversial track record.
The firm has raised $296 million since its 2018 founding and achieved a $2 billion valuation by 2022. Investors include Binance, SoftBank Vision Fund 2, Tiger Global, Sequoia Capital, and Goldman Sachs.
On January 6, CertiK announced a strategic partnership with YZi Labs. According to Gu, Binance recently made an eight-figure follow-up investment, becoming the firm’s largest investor.
Whether other institutional investors share Binance’s confidence remains the critical question. The controversies have created substantial hurdles that CertiK must overcome to attract public market capital.
The firm needs to demonstrate improved governance and ethical standards before investor confidence can be restored.
The post CertiK Eyes IPO Despite Past Controversies Weighing on Investor Confidence appeared first on Blockonomi.
Bitcoin ETFs Continue to See Steady Outflows for Four Days Straight
TLDR
Bitcoin ETFs experienced four consecutive days of outflows, with $32.11 million withdrawn on January 22.
Despite the short-term outflows, Bitcoin ETFs have accumulated $56.60 billion in net inflows, showing strong long-term investor interest.
BlackRock’s IBIT fund led the withdrawals with a $22.35 million net outflow, followed by Fidelity at $9.76 million.
Despite the negative price movements, Bitcoin ETFs saw a daily trading volume of $3.30 billion on January 22.
Grayscale, Bitwise, and Ark & 21Shares Bitcoin ETFs showed flat capital flows, indicating a more selective outflow trend.
The U.S. Bitcoin ETF ecosystem has faced continued pressure, with Bitcoin ETFs experiencing a fourth straight day of net outflows. Despite this short-term downturn, the cumulative net inflows into Bitcoin ETFs remain strong, indicating that investor interest in the sector is far from dissipating. This market trend signals growing caution amid a broader market slowdown.
Bitcoin ETFs Experience Four Consecutive Days of Outflows
The Bitcoin ETF market has seen persistent outflows over the past four days, with January 22 marking another day of losses. According to data from SosoValue, Bitcoin ETFs recorded a daily outflow of $32.11 million during their last trading session. The ongoing withdrawals have contributed to a bearish short-term trend in the market.
These outflows are a reflection of the broader slowdown in the cryptocurrency market, as investor sentiment appears to weaken. Despite this, Bitcoin ETFs still manage to hold substantial net inflows, suggesting that the market’s current weakness might be temporary. As a result, long-term interest in Bitcoin ETFs remains intact, despite recent struggles.
Despite the steady outflows from Bitcoin ETFs, the total net inflows remain strong at $56.60 billion. This figure suggests that the recent downturn may have been driven by temporary market conditions rather than a loss of long-term investor confidence. On January 22, for example, Bitcoin ETFs experienced a drop in value, but the total trading volume for the day still reached $3.30 billion.
The consistent participation of investors in Bitcoin ETFs highlights the sector’s resilience, even amid cautious market sentiments. Although Bitcoin has faced some negative price movements, investor activity remains active, with substantial capital still in play. This shows that Bitcoin ETFs continue to be an attractive investment for many, despite short-term market fluctuations.
BlackRock and Fidelity Lead the Way in Outflows
BlackRock’s IBIT fund led the way in the outflows on January 22, recording a $22.35 million net outflow. Fidelity also faced significant withdrawals, with $9.76 million exiting its fund on the same day. Despite these outflows, other Bitcoin ETFs, including Grayscale, Bitwise, and Ark & 21Shares, experienced no significant changes in their capital flows.
These withdrawals from BlackRock and Fidelity contributed to the broader trend of outflows in the Bitcoin ETF market. However, other Bitcoin ETF products held steady, indicating that the market may be seeing selective withdrawals rather than a widespread exit from Bitcoin-focused investments.
The post Bitcoin ETFs Continue to See Steady Outflows for Four Days Straight appeared first on Blockonomi.
Bitcoin ETFs experienced four consecutive days of outflows, with $32.11 million withdrawn on January 22.
Despite the short-term outflows, Bitcoin ETFs have accumulated $56.60 billion in net inflows, showing strong long-term investor interest.
BlackRock’s IBIT fund led the withdrawals with a $22.35 million net outflow, followed by Fidelity at $9.76 million.
Despite the negative price movements, Bitcoin ETFs saw a daily trading volume of $3.30 billion on January 22.
Grayscale, Bitwise, and Ark & 21Shares Bitcoin ETFs showed flat capital flows, indicating a more selective outflow trend.
The U.S. Bitcoin ETF ecosystem has faced continued pressure, with Bitcoin ETFs experiencing a fourth straight day of net outflows. Despite this short-term downturn, the cumulative net inflows into Bitcoin ETFs remain strong, indicating that investor interest in the sector is far from dissipating. This market trend signals growing caution amid a broader market slowdown.
Bitcoin ETFs Experience Four Consecutive Days of Outflows
The Bitcoin ETF market has seen persistent outflows over the past four days, with January 22 marking another day of losses. According to data from SosoValue, Bitcoin ETFs recorded a daily outflow of $32.11 million during their last trading session. The ongoing withdrawals have contributed to a bearish short-term trend in the market.
These outflows are a reflection of the broader slowdown in the cryptocurrency market, as investor sentiment appears to weaken. Despite this, Bitcoin ETFs still manage to hold substantial net inflows, suggesting that the market’s current weakness might be temporary. As a result, long-term interest in Bitcoin ETFs remains intact, despite recent struggles.
Despite the steady outflows from Bitcoin ETFs, the total net inflows remain strong at $56.60 billion. This figure suggests that the recent downturn may have been driven by temporary market conditions rather than a loss of long-term investor confidence. On January 22, for example, Bitcoin ETFs experienced a drop in value, but the total trading volume for the day still reached $3.30 billion.
The consistent participation of investors in Bitcoin ETFs highlights the sector’s resilience, even amid cautious market sentiments. Although Bitcoin has faced some negative price movements, investor activity remains active, with substantial capital still in play. This shows that Bitcoin ETFs continue to be an attractive investment for many, despite short-term market fluctuations.
BlackRock and Fidelity Lead the Way in Outflows
BlackRock’s IBIT fund led the way in the outflows on January 22, recording a $22.35 million net outflow. Fidelity also faced significant withdrawals, with $9.76 million exiting its fund on the same day. Despite these outflows, other Bitcoin ETFs, including Grayscale, Bitwise, and Ark & 21Shares, experienced no significant changes in their capital flows.
These withdrawals from BlackRock and Fidelity contributed to the broader trend of outflows in the Bitcoin ETF market. However, other Bitcoin ETF products held steady, indicating that the market may be seeing selective withdrawals rather than a widespread exit from Bitcoin-focused investments.
The post Bitcoin ETFs Continue to See Steady Outflows for Four Days Straight appeared first on Blockonomi.
BitGo Stock Falls Below IPO Price After Strong Market Debut
TLDR
BitGo stock dropped 22% on its second day of trading, closing below its IPO price of $18 per share.
The company raised over $212 million during its IPO, with an initial valuation of just over $2 billion.
Despite a strong debut, BitGo stock faced a significant decline as the broader market showed positive growth.
BitGo is known for launching Wrapped Bitcoin, a key development in the cryptocurrency industry.
Other crypto companies, including Kraken, are also preparing for their own IPOs, adding competition in the market.
Crypto firm BitGo saw its stock drop 22% on its second day of trading on the New York Stock Exchange. The company’s share price closed at $14.50 after debuting at $18 per share on Thursday. This marked a fall below the IPO offering price, raising questions about the market reception.
BitGo’s Initial Public Offering Overview
BitGo’s IPO raised over $212 million, with the company valued at just over $2 billion. The stock initially opened above its expected range of $15 to $17, settling at $18 per share on its first day. Despite the strong opening, BitGo stock took a sharp downturn by the next trading session.
The company’s decline occurred as broader market indices showed positive movement. The S&P 500 gained 0.03%, while the Nasdaq rose by 0.28%. This stark contrast highlighted the challenges faced by BitGo stock, as it struggled to maintain its early momentum.
Performance of BitGo Stock After IPO
After its second day of trading, BitGo’s stock price fell sharply to $14.50. This marked a 22% drop, signaling a lack of investor confidence in the crypto custody provider. The stock’s decline followed a strong market debut, indicating volatility in the public market for crypto-related companies.
BitGo’s role in the cryptocurrency space has been a key factor in its market presence. The company is known for launching Wrapped Bitcoin (WBTC), a significant innovation in the crypto space. Despite these achievements, its performance on the NYSE reflects broader concerns about the market’s appetite for crypto firms.
The Future of BitGo and Other Crypto IPOs
BitGo, founded in 2013 by Mike Belshe and Ben Davenport, has been at the forefront of digital asset infrastructure. However, with the recent stock decline, the company faces challenges in proving its value in the public market. It recently moved its headquarters to Sioux Falls, South Dakota, a shift that could reflect its evolving strategies.
Meanwhile, other crypto companies are preparing for their IPOs, which could create more competition. Kraken’s blank check company, KRAKacquisition Corp., has filed to offer 25 million Class A shares at $10 each.
The post BitGo Stock Falls Below IPO Price After Strong Market Debut appeared first on Blockonomi.
BitGo stock dropped 22% on its second day of trading, closing below its IPO price of $18 per share.
The company raised over $212 million during its IPO, with an initial valuation of just over $2 billion.
Despite a strong debut, BitGo stock faced a significant decline as the broader market showed positive growth.
BitGo is known for launching Wrapped Bitcoin, a key development in the cryptocurrency industry.
Other crypto companies, including Kraken, are also preparing for their own IPOs, adding competition in the market.
Crypto firm BitGo saw its stock drop 22% on its second day of trading on the New York Stock Exchange. The company’s share price closed at $14.50 after debuting at $18 per share on Thursday. This marked a fall below the IPO offering price, raising questions about the market reception.
BitGo’s Initial Public Offering Overview
BitGo’s IPO raised over $212 million, with the company valued at just over $2 billion. The stock initially opened above its expected range of $15 to $17, settling at $18 per share on its first day. Despite the strong opening, BitGo stock took a sharp downturn by the next trading session.
The company’s decline occurred as broader market indices showed positive movement. The S&P 500 gained 0.03%, while the Nasdaq rose by 0.28%. This stark contrast highlighted the challenges faced by BitGo stock, as it struggled to maintain its early momentum.
Performance of BitGo Stock After IPO
After its second day of trading, BitGo’s stock price fell sharply to $14.50. This marked a 22% drop, signaling a lack of investor confidence in the crypto custody provider. The stock’s decline followed a strong market debut, indicating volatility in the public market for crypto-related companies.
BitGo’s role in the cryptocurrency space has been a key factor in its market presence. The company is known for launching Wrapped Bitcoin (WBTC), a significant innovation in the crypto space. Despite these achievements, its performance on the NYSE reflects broader concerns about the market’s appetite for crypto firms.
The Future of BitGo and Other Crypto IPOs
BitGo, founded in 2013 by Mike Belshe and Ben Davenport, has been at the forefront of digital asset infrastructure. However, with the recent stock decline, the company faces challenges in proving its value in the public market. It recently moved its headquarters to Sioux Falls, South Dakota, a shift that could reflect its evolving strategies.
Meanwhile, other crypto companies are preparing for their IPOs, which could create more competition. Kraken’s blank check company, KRAKacquisition Corp., has filed to offer 25 million Class A shares at $10 each.
The post BitGo Stock Falls Below IPO Price After Strong Market Debut appeared first on Blockonomi.
Binance przywraca tokenizowane akcje, rozszerzając produkty finansowe
TLDR
Binance potwierdza plany przywrócenia tokenizowanych akcji na swojej platformie po dwuletniej przerwie.
Giełda ma na celu połączenie tradycyjnych finansów z kryptowalutami poprzez powrót cyfrowych aktywów powiązanych z akcjami.
Binance początkowo uruchomił tokenizowane akcje w 2021 roku, ale wstrzymał je z powodu nadzoru regulacyjnego w wielu krajach.
Przywrócenie tokenizowanych akcji jest zgodne z strategią Binance, aby rozszerzać ofertę, jednocześnie przestrzegając standardów regulacyjnych.
Inne giełdy kryptowalutowe, takie jak Coinbase, również badają możliwość dodania tokenizowanych akcji w obliczu zmieniających się regulacji.
Binance potwierdza plany przywrócenia tokenizowanych akcji na swojej platformie po dwuletniej przerwie.
Giełda ma na celu połączenie tradycyjnych finansów z kryptowalutami poprzez powrót cyfrowych aktywów powiązanych z akcjami.
Binance początkowo uruchomił tokenizowane akcje w 2021 roku, ale wstrzymał je z powodu nadzoru regulacyjnego w wielu krajach.
Przywrócenie tokenizowanych akcji jest zgodne z strategią Binance, aby rozszerzać ofertę, jednocześnie przestrzegając standardów regulacyjnych.
Inne giełdy kryptowalutowe, takie jak Coinbase, również badają możliwość dodania tokenizowanych akcji w obliczu zmieniających się regulacji.
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