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RAIN Hits All-Time High After WhiteBIT Listing, Gains 17% in 24 Hours
Yahoo Finance· 2026-01-22 16:40
Core Insights - RAIN token experienced a significant increase of 16.62% over 24 hours, reaching a price of $0.0100, with an all-time high of $0.0102 following a new exchange listing [1][6] - The token's market capitalization is currently at $3.39 billion, ranking it 44th among cryptocurrencies [1] Exchange Listing Impact - The WhiteBIT listing for RAIN went live on January 21, expanding its availability to over 35 million users globally on the European exchange [2] - This listing has driven increased trading activity for the token [2][3] Market Context - RAIN's price rally occurred despite a general market weakness, with its 16.62% gain surpassing the overall market's increase of 1.59% [4] - The Fear & Greed Index indicates extreme fear at a level of 20, down from 24 the previous day, and significantly lower than the January 15 reading of 61 [4] Institutional Interest - Enlivex Therapeutics, a Nasdaq-listed company, announced a $212 million investment deal in November 2025 to establish a RAIN-focused cryptocurrency reserve, marking it as the first U.S.-listed company with a prediction-markets-oriented treasury strategy [5] - RAIN has been identified as a high-potential cryptocurrency for 2026, largely due to this institutional backing [5]
Bitcoin falls bellow $89,000 as rally attempt fizzles despite trade war risk relief
Yahoo Finance· 2026-01-22 15:30
Bitcoin (BTC) and other cryptocurrencies failed to keep any momentum from Wednesday afternoon's Greenland-related relief rally. After a couple of brief moves above $90,000 over the past 18 hours, BTC has quickly pulled back to $88,500, down 1.5% over the past 24 hours. Ether (ETH) is now below $3,000, lower by 2.5%. Most crypto stocks were in the red as well, even as broader equities moved higher, with the Nasdaq ahead 0.7%. Bullish (BLSH), Hut 8 (HUT), Galaxy Digital (GLXY), and XXI (XXI) were all lowe ...
Eric Trump's Predicted Q4 Crypto Rally Never Happened—Could The Market Structure Bill Still Deliver It?
Benzinga· 2026-01-22 14:33
Core Insights - Eric Trump's bullish prediction for Q4 2025 regarding the crypto market has not materialized, with Bitcoin experiencing a decline of approximately 20% since his forecast [1][3] - The delayed crypto market structure bill is seen as a potential catalyst for the crypto sector to initiate a new upward trend [1] Group 1: Predictions and Market Performance - Eric Trump predicted significant gains for the crypto market in Q4 2025, citing rising M2 money supply and a return to quantitative easing by the Federal Reserve as key catalysts [2] - Historical trends in Q4 have typically shown strength for crypto markets, contributing to Trump's optimistic outlook [2] - Bitcoin's price fell from around $113,400 on September 30 to approximately $89,900, marking a decline of about 20%, while Ethereum dropped by 3.5% during the same timeframe [3] Group 2: Legislative Developments - Eric Trump criticized major banks for allegedly obstructing crypto legislation to maintain their dominance in the financial system [4] - He highlighted the inefficiencies of traditional banking, such as delays in money transfers, which crypto technology can eliminate, allowing for instantaneous transactions [5] - The Senate Banking Committee has postponed the crypto market structure bill until late February or March, with Coinbase Global Inc. withdrawing support due to disagreements with the banking industry [6] - The Senate Agriculture Committee has introduced its own version of crypto legislation, but it faces challenges in garnering bipartisan support, raising concerns about its passage [7]
21shares Announces Launch of the 21shares Dogecoin ETF (TDOG)
Globenewswire· 2026-01-22 14:30
Core Viewpoint - The launch of the 21shares Dogecoin ETF (TDOG) provides U.S. investors with regulated and transparent exposure to Dogecoin through a physically backed exchange-traded fund structure, beginning trading on NASDAQ on January 22, 2026 [1][4]. Company Overview - 21shares is a leading issuer of cryptocurrency exchange-traded funds (ETFs) and has a track record of creating innovative investment solutions in the crypto space, including the world's first physically-backed crypto ETP in 2018 [8][9]. - The company has partnered with the House of Doge to enhance the accessibility and utility of Dogecoin, aiming to support its mainstream adoption [11][6]. Product Details - TDOG offers a 1:1 backing of Dogecoin in institutional-grade custody, allowing investors to gain exposure without the complexities of digital wallets or crypto exchanges [2]. - The ETF has a management fee of 0.50% and is not registered under the Investment Company Act of 1940, meaning it is not subject to the same regulations as traditional ETFs [4][3]. Market Context - The Dogecoin ecosystem is maturing, with increasing merchant adoption and a strong community, which supports its growth potential [5]. - The launch of TDOG follows the introduction of the 21shares Solana ETF (TSOL) and the 21shares 2x Long Dogecoin ETF (TXXD), indicating a strategic expansion in the crypto ETF market [4][7]. Strategic Partnerships - 21shares has formed a partnership with FalconX to create a full-service digital assets provider, enhancing its market access and growth potential across North America, Latin America, and Europe [7].
21shares Announces Launch of the 21shares Dogecoin ETF (TDOG)
Globenewswire· 2026-01-22 14:30
Core Viewpoint - 21shares has launched the 21shares Dogecoin ETF (TDOG), providing investors with direct exposure to Dogecoin through a regulated and transparent exchange-traded vehicle, set to begin trading on NASDAQ on January 22, 2026 [1][4]. Company Overview - 21shares is recognized as one of the leading issuers of cryptocurrency exchange-traded products (ETPs), with a mission to bridge traditional finance and decentralized finance [8][9]. - The company has a track record of creating crypto ETPs since 2018 and aims to make cryptocurrency more accessible to investors [8][9]. Product Details - TDOG offers a 1:1 backing of Dogecoin in institutional-grade custody, allowing investors to access Dogecoin without the complexities of digital wallets or crypto exchanges [2]. - The ETF has a management fee of 0.50% and is not registered under the Investment Company Act of 1940, meaning it is not subject to the same regulations as traditional ETFs [4][3]. Market Context - The launch of TDOG follows the introduction of the 21shares Solana ETF (TSOL) and builds on previous offerings like the 21shares 2x Long Dogecoin ETF (TXXD), indicating a commitment to expanding institutional-grade access to digital assets [4]. - Dogecoin's ecosystem is maturing, with increasing merchant adoption and a strong community, which supports its mainstream recognition [5][6]. Strategic Partnerships - 21shares has partnered with the House of Doge, which supports the Dogecoin ecosystem, to enhance the utility and adoption of Dogecoin [4][10]. - The collaboration aims to create new opportunities within the Dogecoin ecosystem, leveraging the strengths of both organizations [6][10]. Future Growth - The partnership with FalconX aims to enhance 21shares' global access and market expansion, indicating a strategic move towards growth in North America, Latin America, and Europe [7].
Jim Cramer Recommends Selling Crypto-Related Names Like Galaxy Digital
Yahoo Finance· 2026-01-22 14:10
Group 1 - Galaxy Digital (NASDAQ:GLXY) is experiencing significant price movements, with Jim Cramer advising to sell the stock despite its recent gains in the crypto market [1] - The company provides a platform for digital asset trading, staking, and asset management services, and operates data center infrastructure [2] - Galaxy Digital is led by Mike Novogratz, who is noted for his articulate communication and background with Goldman Sachs and Fortress Investment Group [2] Group 2 - There is a belief that certain AI stocks present greater upside potential and carry less downside risk compared to Galaxy Digital [3]
Jim Cramer on Applied Digital: “I Need You to Take Profits”
Yahoo Finance· 2026-01-22 14:10
Group 1 - Applied Digital Corporation (NASDAQ:APLD) is involved in designing, building, and operating data centers that support high-performance computing and AI workloads [2] - The stock has gained attention due to the trend of cryptocurrency miners converting their operations into AI data centers, with significant price movements noted in the sector [1] - Recent IPOs in the sector, such as CoreWeave, have led to substantial stock price increases, with some companies like IREN and Riot Platforms seeing gains of over 40% [1] Group 2 - Despite the potential of APLD as an investment, there are other AI stocks that may offer greater upside potential and lower downside risk [3] - The article suggests that APLD and similar companies have experienced significant volatility, with declines of 50% to 57% from peak to trough [1]
Morning Minute: Crypto Rebounds After Trump's TACOs on Tariffs
Yahoo Finance· 2026-01-22 14:00
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors rebound after Trump walks back tariffs; BTC at $90k Bitgo announces IPO valuing the company at $2.1B, live today Senate Ag Committee will move forward with Clarity Act markup next week Mortgage lender NewRez explores using BTC & ETH as collateral Solana’s SKR ...
Stablecoin Market Cap Hits New Peak as Broader Crypto Market Struggles
Yahoo Finance· 2026-01-22 13:01
The global stablecoin market surged to a new all-time high this week, surpassing $311 billion in total supply, even as broader crypto markets struggle under sharp price declines and heavy liquidations. According to data from DeFiLlama, the stablecoin market cap peaked at $311.332 billion on January 18, and currently sits at $309.066 billion. Tether’s USDT remains the dominant issuer with more than $187 billion in circulation, followed by Circle’s USDC at approximately $74 billion, per CoinGecko data. " ...
Thailand Accelerates Its Bid to Become Asia’s Next Crypto Hub With New ETF, Futures, and Tokenized Asset Regulations
Yahoo Finance· 2026-01-22 10:47
Core Insights - Thailand is positioning itself as a progressive player in Southeast Asia's digital asset landscape by accelerating the integration of cryptocurrencies into its financial ecosystem [1] - The Thai SEC is preparing new regulations to support crypto ETFs, futures trading, and tokenized investment products [2] Group 1: Cryptocurrency ETFs - The SEC board has approved ETFs in principle, focusing on detailed rules for investment operations, including collaboration between asset managers and licensed crypto exchanges [2] - Thailand approved its first spot Bitcoin ETF in June 2024, initially limited to institutional investors, with plans to expand offerings to include other assets like Ethereum by October 2025 [3] - Investors may allocate up to 5% of diversified portfolios to digital assets under the new framework, appealing to risk-averse institutions while mitigating volatility concerns [4] Group 2: Crypto Futures Trading and Tokenization - The SEC is rolling out new rules for cryptocurrency futures trading on the Thailand Futures Exchange (TFEX), which will operate under the Futures Trading Act [5] - This setup supports price discovery, hedging, and wider participation without requiring investors to hold crypto directly [5] - Regulators will formally recognize digital assets under the Derivatives Act, providing a clear legal foundation for crypto futures [8]