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How This AI Cryptocurrency Could Help You Retire a Millionaire
Yahoo Finance· 2026-01-08 12:50
Key Points Bittensor may be down almost 20% during the past year, but it has several strong catalysts lined up for 2026. As long as the demand for everything AI-related remains strong, Bittensor should see strong price appreciation for years to come. Planned Bittensor ETFs could stoke new demand from retail and institutional investors. 10 stocks we like better than Bittensor › For more than three years -- ever since the launch of ChatGPT back in November 2022 -- crypto investors have salivated a ...
Exodus Movement, Inc. December 2025 Treasury Update and Monthly Metrics
Globenewswire· 2026-01-08 12:20
Core Insights - Exodus Movement, Inc. has ended 2025 with a debt-free balance sheet, highlighting its strong capital management during a period of product expansion [1][2] Financial Performance - The company fully repaid its debt to Galaxy Digital related to the acquisition of W3C, entering 2026 without any debt [2] - Monthly Active Users (MAUs) remained stable at 1.5 million as of December 31, 2025, unchanged from the previous month, indicating a loyal customer base [2] - Exchange provider processed volume for December 2025 was $360 million, a decrease from $549 million in November 2025, with 21% of December's volume coming from XO Swap partners compared to 36% in November [3] Digital Asset Holdings - As of December 31, 2025, Exodus held 1,704 BTC, down from 1,902 BTC in November 2025; 1,898 ETH, down from 2,802 ETH; and 12,473 SOL, down from 31,050 SOL [7]
Cynthia Lummis 'Deeply Concerned' After Report Points Toward $6 Million Bitcoin Sale By Justice Department — But Did It Really Happen?
Yahoo Finance· 2026-01-08 12:01
Core Viewpoint - The U.S. government is reportedly selling Bitcoin, raising concerns about the contradiction with a directive to preserve these assets for a Strategic Bitcoin Reserve [1][2][3]. Group 1: Government Actions - Senator Cynthia Lummis expressed concern over the Department of Justice's sale of Bitcoin seized from Samourai Wallet developers, questioning the rationale behind this action despite a presidential directive [2][3]. - The U.S. Marshall Service may have sold approximately $6.3 million in Bitcoin forfeited from the Samourai co-founders [3][4]. Group 2: Strategic Bitcoin Reserve - The U.S. government currently holds 328,372 BTC, valued at over $30 billion, as part of a National Bitcoin Reserve established by a previous executive order [5]. - The executive order includes provisions for developing budget-neutral strategies to acquire additional Bitcoin [5].
'The Breakout Trade Of 2026 Isn't Bitcoin Or ETH, It's XRP': CNBC
Yahoo Finance· 2026-01-08 11:01
Core Viewpoint - XRP has gained approximately 8% over the past month, outperforming Bitcoin and Ethereum amid market volatility, with analysts suggesting it may be the breakout trade of the 2026 crypto rally [1][3]. Group 1: Market Performance - XRP's recent weekly rally of nearly 20% has positioned it ahead of BNB by market capitalization [3]. - The payments-focused token has continued to see steady ETF inflows through Q4, despite a broader pullback in the crypto market [2][6]. Group 2: Investment Sentiment - Investors appear to be rotating into XRP as an alternative investment with perceived upside due to its lower valuation base [3]. - Some market participants view the current XRP movement as a hedge against near-term market risks and ongoing uncertainty in the broader crypto regulatory landscape [5]. Group 3: Factors Driving the Rally - Concerns about potential forced selling in Bitcoin and Ethereum, linked to digital asset treasury companies, may further fuel XRP's rally [4]. - XRP's use case for cross-border settlements positions it as a fast and efficient bridge asset between currencies, making it a less crowded trade compared to Bitcoin and Ethereum [6]. - The resolution of Ripple's SEC case has cleared regulatory overhang, contributing to continued inflows into XRP-focused investment products during Q4 [6].
India's Tax Department Echoes Reserve Bank's Concerns on Crypto
Yahoo Finance· 2026-01-08 10:45
India's income tax authorities have joined the Reserve Bank of India in raising concerns over virtual digital assets, citing enforcement challenges that threaten the government's ability to track and tax crypto transactions as the Union Budget approaches. On Wednesday, Tax authorities presented their concerns about cryptocurrency and other virtual digital assets to the parliamentary standing committee of finance, according to a Times of India report. Officials outlined challenges in tracking crypto tran ...
Prediction: Dogecoin Will Be Worth This Much by Year-End 2026
Yahoo Finance· 2026-01-08 10:05
Group 1 - Dogecoin experienced a significant decline in value, losing approximately 60% in the previous year after a major sell-off in the first quarter [1] - The cryptocurrency market is anticipated to potentially rally in 2026, influenced by factors such as the Federal Reserve's interest rate decisions [4] - Investors may have more discretionary income to reinvest in speculative assets like cryptocurrency if the Fed continues to lower interest rates [5] Group 2 - Geopolitical tensions in various regions may lead investors to shift capital from stocks to alternative assets, including cryptocurrency [6][7] - Dogecoin is currently trading at around $0.15 per token, which is considered an important price threshold for the cryptocurrency [9] - Despite its popularity, Dogecoin lacks robust utility compared to other emerging altcoins, which may affect its long-term investment appeal [9]
Crypto Market Liquidations Hit $450 Million as BTC Price Loses $90,000 Support, What’s Next?
Yahoo Finance· 2026-01-08 09:14
Market Overview - The broader cryptocurrency market is experiencing selling pressure, with Bitcoin price dropping 3% and falling below $90,000, contributing to over $450 million in liquidations on January 8 [1][2] - Major altcoins such as Ethereum, BNB, XRP, and Solana have seen declines between 4-8% [1] Market Capitalization and Trends - The total cryptocurrency market capitalization has decreased by approximately $97 billion in the last 24 hours, now around $3.08 trillion, indicating profit-taking behavior among traders [3] - If the selling pressure continues, the market may retest the support zone at $3.05 trillion [3] Sentiment Analysis - The Crypto Fear and Greed Index has dropped by 14 points in the last 24 hours, currently at 28, indicating a shift to the "fear" zone and reflecting increased volatility and weakening social sentiment [4] Bitcoin Price Dynamics - Bitcoin is trading under selling pressure, finding technical support near the $88,000 level, with a significant buy wall present [5] - Following the drop below $90,000, analysts suggest that Bitcoin may fill its next CME gap at $88,000 in the near term [5] Institutional Investment Trends - Spot Bitcoin ETFs are facing significant outflows, with $486 million withdrawn on January 7, led by Fidelity's FBTC with $247 million and BlackRock's IBIT with $130 million, indicating waning institutional sentiment [6]
PEPE, SHIB, FLOKI Seeing Massive Whale Moves, but It’s Risky
Yahoo Finance· 2026-01-08 09:07
Meme coins are back in motion as on-chain data shows a sharp rise in large whale transactions across Pepe , Shiba Inu , and FLOKI . The market intelligence firm Santiment noted in its latest X post that FLOKI, PEPE, and SHIB recorded significant spikes in whale transactions, each worth at least $100,000, over the past seven days. FLOKI, on Ethereum, and PEPE are leading the list with 950% and 620% increases in their whale transactions. SHIB secured the 10th spot with a 111% rise in similar transactions. ...
Crypto venture tied to Trump family pursues US charter for stablecoin trust bank
Yahoo Finance· 2026-01-08 09:05
World Liberty Financial, a crypto venture backed by members of US President Donald Trump’s family, has applied to create a national trust bank centred on stablecoin activities. World Liberty Financial’s subsidiary WLTC Holdings has lodged a “de novo” application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The proposed institution would be responsible for issuing and safeguarding USD1, a dollar-referenced stablecoin launched by World Liberty last year. ...
Trump’s WLFI Is About to Become a US Bank — Biggest Test Case for Crypto and Accountability
Yahoo Finance· 2026-01-08 08:15
Trump's WLFI eyes U.S. banking license. | Credit: Hameem Sarwar / CCN. Key Takeaways Trump-affiliated WLFI applied for an OCC trust bank charter to issue/custody USD1 under federal rules. USD1 has become one of the fastest-growing stablecoins through partnerships. WLFI has been involved in a number of controversies and scandals since its launch. President Donald Trump-backed World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol, has filed for a United States national trust bank ch ...