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 ...

Leading cryptocurrencies fell alongside stocks on Tuesday as President Donald Trump’s tariff threats threw risk-on markets into a tailspin.CryptocurrencyGains +/-Price (Recorded at 8:20 p.m. ET)Bitcoin (CRYPTO: BTC)-3.95%$88,951.35Ethereum (CRYPTO: ETH)               -6.76%$2,965.89XRP (CRYPTO: XRP)                         -3.42%$1.91Solana (CRYPTO: SOL)                         -4.57%$127.45Dogecoin (CRYPTO: DOGE)             -2.23%$0.1254Crypto Market Goes Into ‘Extreme Fear’Bitcoin plunged below $88,000, ...

Core Insights - Geopolitical tensions are driving investors towards gold as a hedge, while bitcoin is struggling to maintain its status as a safe-haven asset [1][6] - Bitcoin's price has fallen below $90,000, failing to reclaim the $100,000 mark, and related stocks have also seen declines [2][6] - The debate continues over bitcoin's role in investment portfolios, with some experts questioning its effectiveness as a hedge against geopolitical risks [3][4] Geopolitical Impact - The CBOE Volatility Index surged, indicating increased market fear following President Trump's comments about Greenland, which negatively impacted bitcoin prices [1] - Veteran investors, including Ray Dalio, have suggested gold and bitcoin as protective assets, but recent performance raises doubts about bitcoin's role [3][4] Bitcoin vs. Gold - Bitcoin is currently underperforming compared to gold, which is trading at all-time highs, leading to discussions about its classification as a risk asset versus a hedge [4][6] - A study from Duke University indicates that while gold and bitcoin were correlated, bitcoin's unique risks make it unlikely to replace gold as a safe-haven asset [4] Market Sentiment - Analysts suggest that investors should consider holding both gold and bitcoin, depending on market conditions, rather than viewing them as mutually exclusive [5] - The potential passing of the Clarity Act, aimed at creating a regulatory framework for cryptocurrency, could serve as a catalyst for bitcoin price recovery, although progress on this legislation has stalled [5][7]

For investors who entered crypto markets last year and now find themselves underwater, the timing can feel brutal. Price drawdowns have revived familiar doubts about whether crypto has slipped into a bear market in 2026. According to Andreas Brekken, founder of Sideshift AI, those concerns are understandable but ultimately misplaced. During a recent interview with TheStreet Roundtable at Solana Breakpoint, Brekken drew on his experience across several market cycles to demonstrate how sentiment has chang ...

Bitcoin slid to its lowest level in more than a week. Wintermute CEO and co-founder Evgeny Gaevoy says that the recent crypto market cycles have defied expectations, driven in part by memecoin activity and growing investor preference for ETFs rather than direct speculation. On policy, Gaevoy says that he supports the current market-structure legislation as a necessary next step for crypto's development. He joined the discussion On "Bloomberg Crypto" with Scrlet Fu and Tim Stenovec. ...

Rather than designing an entirely new framework, the Avalanche Policy Coalition says that U.S. regulators already have the tools to bring crypto spot markets under supervision by extending existing rules to new instruments. During a recent interview with TheStreet Roundtable, Lee Schneider, General Counsel at Ava Labs, outlined the coalition’s proposal, which centers on empowering the SEC and CFTC to authorize already regulated intermediaries to trade spot crypto. “Crypto is different, in a lot of ways, f ...

A new report from Schwab’s Center for Financial Research breaks the crypto market into three sectors and shows most of the value has concentrated in just one of them: foundational blockchains like Bitcoin and Ethereum. As spot crypto exchange-traded funds have opened the door to more mainstream investors, Schwab reiterated that crypto isn’t one asset class but rather an ecosystem with deep structural differences, underscoring the importance of where you invest. The report defines the crypto market in th ...

BitMine Immersion Technologies (NYSE-BMNR) has won overwhelming shareholder approval to increase its authorized share count, accelerating its ambitious plan to accumulate Ethereum and press ahead as a leading public ETH treasury, despite recent dilution in its share price. The company shareholders voted in favor of all four proposals at the company’s January 15 annual meeting in Las Vegas, including a key measure to increase the authorized share count. Proposal 2, which lifts the share limit, received 81% ...

U.S. Treasury Secretary Scott Bessent warned European countries against retaliating against the U.S.’s trade tariffs over the Greenland crisis. Speaking at the World Economic Forum in Davos, Switzerland, on Jan. 20, Bessent reminded everyone of the tariff war the U.S. initiated on "Liberation Day" when President Donald Trump announced "reciprocal" tariffs on countries across the world on Apr. 2, 2025. Related: Billionaire warns Greenland episode shatters Bitcoin myth As Trump plans to acquire Greenland, ...

Gold’s blistering 70% rally in a year — its strongest performance in nearly half a century — sent demand for exposure to the metal soaring. As institutional and retail investors alike sought havens during periods of rising geopolitical tensions and new tariff threats, one corner of the market stood out: tokenized gold. Gold-backed tokens like Tether Gold (XAUT) and Paxos Gold (PAXG) posted explosive growth last year, surpassing the trading volume of most traditional gold exchange-traded funds (ETFs), acc ...