People walk on a street in downtown Sioux Falls, S.D. (Emily Spartz Weerheim / For The Times) California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. Read more: Explaining California's billionaire tax: The proposals, the backlash and the exodus The company that had been based in Palo Alto is now based in Sioux Falls, S.D., according to a December filing to the U.S. Securities and E ...

Key Takeaways Tom Lee’s BitMine has accumulated more than 4.2 million ETH, representing 3.48% of supply. Traders are concerned about what will happen to Ethereum when its largest buyer reaches its 5% target. BitMine plans to shift from accumulation to monetization through large-scale ETH staking. Tom Lee’s BitMine is more than two-thirds of the way toward a self-declared goal of owning 5% of all Ethereum in circulation, raising questions among traders about what happens to the asset once its larges ...

Nansen has launched AI-powered trading functionality across its web and mobile products, marking a strategic shift from analytics-only tooling toward what it calls agentic trading — a model that connects real-time onchain intelligence directly to execution. In a press release shared with CryptoNews the firm explains the the launch allows users to move from insight to trade within a single interface, initially across Solana and Base. From Onchain Analytics to Agentic Trading The release represents Nanse ...

Ripple’s RLUSD, the 10th largest dollar-backed stablecoin, is set to begin spot trading on Binance, its most prominent exchange listing yet and a key step in expanding the token’s reach beyond Ripple’s native ecosystem. Binance said it will list RLUSD with support for Ethereum starting on Jan. 22 at 08:00 UTC, while integration with the XRP Ledger is expected to follow. Trading pairs will include RLUSD/USDT and XRP/RLUSD, giving traders direct access to the stablecoin alongside Ripple’s native token. Th ...

The cryptocurrency market is under pressure from multiple sides, and even the massive whale buying spree couldn’t neutralize the selloff. According to data from CoinMarketCap, the global crypto market capitalization fell from $3.11 trillion to $3.02 trillion over the past 24 hours, marking a roughly $90 billion downfall. Spot Bitcoin exchange-traded funds in the US also recorded a net outflow of $483.4 million on Jan. 20, led by Grayscale’s $160.8 million selloff, according to SoSoValue data. Due to th ...

Crypto asset manager Grayscale recently submitted its S-1 form to the US Securities and Exchange Commission (SEC) to launch its NEAR Trust in the market. The filing notes that the asset manager would later convert this trust into an NEAR ETF, a move similar to what Grayscale made with its Bitcoin and Ethereum trusts. As a result, the NEAR price has bounced back from the bottom of $1.50 earlier today. Grayscale NEAR ETF to Have a Staking Feature In the filing dated January 20, Grayscale said it intends ...

We recently published 10 Stocks Investors Are Dumping. SharpLink Gaming Inc. (NASDAQ:SBET) was one of the worst performers on Tuesday. SharpLink fell by 9.59 percent on Tuesday to finish at $9.94 apiece, mimicking the sentiment of the broader market, as investors parked funds to mitigate risks from the ongoing trade tensions between the US and the European Union (EU). Over the weekend, President Donald Trump threatened to impose 10 percent tariffs on goods from eight countries opposing his planned takeo ...

Hong Kong is preparing to issue its first batch of stablecoin issuer licences in the first quarter of the year, stepping up efforts to position itself as a regional hub for digital assets amid growing global competition. Key Takeaways: Hong Kong will issue its first stablecoin licences in Q1 to advance its digital asset strategy. Issuers must meet strict reserve, redemption, and risk management standards. The push coincides with wider crypto regulation and tokenization initiatives. Speaking at th ...

We recently published 10 Stocks Investors Are Dumping. MARA Holdings Inc. (NASDAQ:MARA) was one of the worst performers on Tuesday. MARA Holdings Inc. (NASDAQ:MARA) fell by 8.71 percent on Tuesday to finish at $10.37 apiece as investors disposed of shares to mitigate risks from the ongoing geopolitical tensions between the US and Europe, having announced a tit-for-tat tariff in relation to their opposing views on the acquisition of Greenland. MARA Holdings Inc. (NASDAQ:MARA) mirrored the broader market p ...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong celebrated the inaugurations of Abigail Spanberger as Governor of Virginia and Mikie Sherrill as Governor of New Jersey, framing it as a win for pro-cryptocurrency politiciansArmstrong Congratulates ‘Pro-Crypto’ AdvocatesIn an X post, Armstrong congratulated the new governors, describing it as a “milestone moment” for pro-cryptocurrency advocates in office.Spanberger’s Complex Stance On Crypto PolicySpanberger made history last year, defeating Republica ...