Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

RT Robert Baggs (@rkbaggs)Prediction markets have been dominating the space's mindshare for some time, and now, we're starting to see more innovation.I'm joined by NBA legend and familiar face in crypto, @TThompson, who has launched a prediction market/fantasy league crossover: https://t.co/TqXir5PfIq ...

Core Viewpoint - David Sacks predicts that banks will fully integrate into the crypto industry, leading to a unified digital assets sector [3]. Legislative Context - Current legislation on crypto market structures is stalled due to debates over whether third-party platforms can offer rewards programs to stablecoin users, with banks arguing these programs bypass yield restrictions [2]. - A compromise is deemed necessary for legislative progress, with Sacks advocating for a solution to facilitate the passage of a market structure bill [4]. Industry Predictions - Sacks believes that once banks enter the stablecoin business, they will support offering yield payments, indicating a shift in their stance [5]. - Monica Long, president of Ripple, forecasts that by the end of 2026, half of Fortune 500 companies will have formal crypto strategies, with stablecoins becoming the standard for global payments [6]. - Mike Novogratz, CEO of Galaxy Digital, suggests that the crypto industry will need to compromise on the stablecoin rewards clause to find common ground with the banking lobby [7].

Core Insights - Ledger is preparing for a US IPO, potentially valuing the company at over $4 billion, more than double its 2023 valuation [4] - The company has hired major investment banks, including Goldman Sachs, Barclays, and Jefferies, to assist with the IPO process [4][6] - Ledger is rebranding from "hardware wallet" to "signers" to position itself as a key player in the "Internet of Value" [7] Company Overview - Ledger has emerged as a popular hardware wallet provider, allowing users to self-custody their crypto assets securely [1] - The company experienced a significant increase in revenue, reaching triple-digit millions in 2025 [6] Industry Context - The US regulatory environment for crypto has become more favorable, particularly after the approval of the GENIUS Act in July 2025 [5] - The planned IPO comes at a time when investors are seeking exposure to crypto infrastructure without the volatility associated with holding cryptocurrencies [8]

📰 #AscendEX Daily Updates🔷The tokenized RWA TVL has reached $21 billion, with US Treasury bonds accounting for 42.4%.🔷X platform releases a list of leading accounts in various industries, with figures from the crypto industry like CZ and Vitalik making the list.🔷The Russian Constitutional Court ruled that crypto assets are protected under property rights.#AscendEX #Crypto #CryptoNews ...

Vietnam began accepting applications for crypto exchange licenses on Jan. 20 under a new pilot program. The move makes official a market that has operated in a legal gray area for years. The Ministry of Finance issued new procedures on Jan. 20 covering license issuance, amendment, and revocation, according to the State Securities Commission. Applications with complete documentation can be processed within 30 days. However, the full review includes IT security certification from the Ministry of Public Se ...

Group 1: Fund Launch and Strategy - Galaxy is launching a $100 million hedge fund in Q1 2023, taking both long and short positions as Bitcoin experiences a decline from its October peak [1] - The fund will allocate up to 30% of its assets in crypto tokens, with the remainder invested in financial services stocks influenced by digital asset technologies and regulations [1] - The hedge fund represents a strategic pivot for Galaxy amid increasing volatility in digital asset markets [4] Group 2: Investment and Market Sentiment - The fund has secured $100 million in investments from family offices, high-net-worth individuals, and larger institutions, with potential for additional commitments [2] - The mix of tokens and financial services stocks in the fund is seen as a prudent investment strategy, focusing on successful crypto tokens with real-world use cases [3] - Current market sentiment is turning bearish, with a 70% chance predicted for Bitcoin's next move to reach $100,000, down from 84% earlier in the week [7] Group 3: Market Conditions and Influences - Bitcoin is trading around $88,375, reflecting a 3.1% decline on the day and a 7.1% drop over the past week [4] - The market is influenced by external factors, including trade tensions and potential tariffs, which have contributed to Bitcoin's recent price drop from $95,000 [6] - Despite the bearish sentiment, there remains a bullish outlook on Bitcoin and major cryptocurrencies like Ethereum and Solana, particularly in the context of potential Federal Reserve interest rate cuts [5]

Core Viewpoint - Trump Media and Technology Group is planning to distribute new digital tokens to shareholders, with a record date set for February 2, indicating a strategic move to integrate cryptocurrency into its business model [1][4]. Group 1: Token Distribution Details - The tokens will not represent ownership in Truth Social or any other company, and they are not expected to be transferable or exchangeable for cash [2]. - Shareholders must own at least one full share to be eligible for the token distribution, and they are advised to check their brokerage status to avoid delays [3]. Group 2: Purpose and Integration of Tokens - The company has not disclosed specific details about the purpose of the tokens, but it aims to integrate cryptocurrency across its businesses, including fintech brand Truth.Fi and prediction market Truth Predict [4]. - The tokens will be minted in partnership with Crypto.com, utilizing the Cronos blockchain, and may offer discounts on Trump Media products [5][6]. Group 3: Regulatory Compliance and Lobbying - Trump Media's CEO stated that the use of Crypto.com's blockchain complies with SEC regulations, following the closure of an investigation into Crypto.com by the SEC [7]. - Crypto.com's parent company, Foris DAX, has engaged in significant lobbying efforts, spending $2.8 million last year, and has made political donations supporting Trump's re-election campaign [7].

Solana (SOL) fell nearly 4% in the past 24 hours, a sharp reversal in direction from its recent high near $145. The drop followed a wave of liquidations in the derivatives market and broad altcoin weakness. Almost $390 million in crypto positions have been liquidated, $348 million of which were long according to CoinGlass. The selloff intensified after SOL breached its 20-day and 50-day exponential moving averages, according to CoinDesk Research's technical analysis data model. Volume surged during the ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]