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Tag: News

Coinbase Pulls Support for Senate Crypto Market Structure Bill Ahead of Key Vote

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Quick Take Coinbase has announced it cannot support the current draft of the Senate Banking Committee’s crypto market structure bill. CEO Brian Armstrong highlighted issues including a de facto ban on tokenized equities, DeFi prohibitions that erode privacy, erosion of CFTC authority, and threats to stablecoin rewards. The Senate Banking Committee is scheduled to mark up the bill on Thursday, January 15, 2026. The decision comes amid...

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Bitcoin Surges Past ,000 Following New CPI Data and Renewed ETF Inflows

Bitcoin Surges Past $94,000 Following New CPI Data and Renewed ETF Inflows

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Bitcoin price breakout: BTC surged past $94,000, extending early-year gains amid positive macro signals. ETF inflows rebound: U.S. spot Bitcoin ETFs recorded significant net inflows after recent outflows, supporting the rally. Market drivers: Lower CPI data and institutional demand drove the momentum, with traders eying higher levels. Bitcoin experienced a strong upward move on January 13-14, 2026, breaking past $94,000 as...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Lummis and Wyden Introduce Bill to Exempt Non-Custodial Blockchain Developers from Money Transmitter Rules

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Bipartisan legislation introduced to protect non-custodial blockchain developers. Safe harbor exempts software creators without user fund control from money transmitter licensing. Addresses regulatory uncertainty impacting DeFi and open-source projects. Standalone bill signals priority amid broader crypto market structure talks. U.S. Senators Cynthia Lummis (R-WY) and Ron Wyden (D-OR) introduced the Blockchain Regulatory Certainty Act on...

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Former NYC Mayor Eric Adams' NYC Token Faces Rug Pull Allegations

Former NYC Mayor Eric Adams’ NYC Token Faces Rug Pull Allegations After Liquidity Withdrawal

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Former Mayor Eric Adams launched the NYC Token on Solana, aiming to fund anti-hate initiatives, but the project quickly faced scrutiny. The token’s market cap peaked at $580 million before plummeting 80% following a $2.5 million USDC liquidity withdrawal linked to the deployer. On-chain analysts allege a rug pull, while the team claims the moves were for price stability rebalancing. Former New York City Mayor Eric...

Cryptocurrencies, Front page, Memecoins, News

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Fed Chair Jerome Powell Discloses Ongoing Federal Criminal Investigation, Calls It ‘Pretext’

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Federal Reserve Chair Jerome Powell personally disclosed an active federal criminal investigation in a video statement. The probe focuses on Powell’s earlier congressional testimony regarding a Fed office building renovation project. Powell described the allegations as a “pretext” aimed at undermining central bank independence. Bitcoin briefly surpassed $92,000 following the news amid broader market volatility. Federal...

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