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VanEck: Clarity will turn Q1 into a ‘risk-on’ quarter for investorsGlobal investment management firm VanEck is confident that the first three months of the year will be a risk-on environment for investors, citing clarity around fiscal policy, monetary direction, and major investment themes.  “As we move into 2026, markets are operating in an environment with something investors have not had in years: visibility,” stated VanEck in a Q1 2026 Outlook on Tuesday.  However, regarding Bitcoin (BTC), it stated that the typical four-year cycle “broke in 2025, complicating short-term signals.” “This divergence supports a more cautious near-term outlook over the next 3–6 months,” it stated, noting that this outlook was not unanimous, with some company executives “remaining more constructive on the immediate cycle.” A risk-on outlook is generally good news for riskier investments such as AI and tech stocks, and crypto. However, Bitcoin has decoupled from stock and gold markets in recent months following the massive deleveraging event in October. Fewer fiscal and monetary surprises ahead “One of the most important developments for markets is the gradual improvement in the US fiscal picture,” VanEck stated.  “While deficits remain elevated, they are shrinking as a percentage of GDP from the historic highs reached during the COVID period,” they continued to explain.   “This fiscal stabilization is helping anchor longer-term interest rates and reduce tail risks.” Related: What the Fed’s divided 2026 outlook means for Bitcoin and crypto The VanEck outlook is more medium-term than focused on immediate events, Justin d'Anethan, head of research at Arctic Digital, told Cointelegraph. “One can’t help but look at price action, which often is its own narrative as confirmation,” he said, adding: “With BTC rising in a low-leverage environment, it feels like a lot of last year’s fluff was taken out, leaving bulls a tad more realistic, and bears tamed in their apocalyptic prophecies. We see a lot of indicators in deep oversold territory, edging to get back up.”  “While conflict with the US administration and the Fed might not help things, geopolitical uncertainty and a broadly bullish sentiment on risk assets seem to bode well for crypto, as it plays catch-up,” he added.  Market trajectory for H1 2026 is relatively clear Meanwhile, HashKey Group senior researcher Tim Sun told Cointelegraph that following the fluctuations and adjustments in late 2025, the market trajectory for the first half of 2026 has become relatively clear. “With the US midterm elections approaching, both fiscal and financial conditions are expected to further favor risk assets,” he said.  “Fiscal stimulus, accommodative monetary conditions, and favorable regulatory developments collectively form a classic risk‑on macroeconomic window in the first half of 2026. In such an environment, Bitcoin and the broader crypto market stand to benefit.” Crypto investor Will Clemente commented that “this environment is literally what Bitcoin was created for.”  “The President is coming after the Fed chair. Metals are ripping as sovereigns diversify reserves. Stocks and risk assets are at record highs. Geopolitical risk is rising.” Analyst tips Bitcoin to go back to six figures MN Fund founder and crypto analyst Michaël van de Poppe is confident that BTC prices will reclaim six figures before the end of January.  There has been no dip below the 21-day moving average with “buyers stepping in to accumulate Bitcoin at these regions,” he said on Monday.  “Given the fact that the markets have hung in this range for such a long time, it shows the significance of the potential breakout levels,” he stated before predicting that a clear move above $92,000 will result in $100,000 in a maximum of ten days.  BTC had tapped the $92,000 level at the time of writing early Tuesday morning in Asia after a dip to the low $90,000 area on Monday.  BTC has been trading sideways for almost two months. Source: TradingView Magazine: One metric shows crypto is now in a bear market: Carl ‘The Moon’

VanEck: Clarity will turn Q1 into a ‘risk-on’ quarter for investors

Global investment management firm VanEck is confident that the first three months of the year will be a risk-on environment for investors, citing clarity around fiscal policy, monetary direction, and major investment themes. 

“As we move into 2026, markets are operating in an environment with something investors have not had in years: visibility,” stated VanEck in a Q1 2026 Outlook on Tuesday. 

However, regarding Bitcoin (BTC), it stated that the typical four-year cycle “broke in 2025, complicating short-term signals.”

“This divergence supports a more cautious near-term outlook over the next 3–6 months,” it stated, noting that this outlook was not unanimous, with some company executives “remaining more constructive on the immediate cycle.”

A risk-on outlook is generally good news for riskier investments such as AI and tech stocks, and crypto. However, Bitcoin has decoupled from stock and gold markets in recent months following the massive deleveraging event in October.

Fewer fiscal and monetary surprises ahead

“One of the most important developments for markets is the gradual improvement in the US fiscal picture,” VanEck stated. 

“While deficits remain elevated, they are shrinking as a percentage of GDP from the historic highs reached during the COVID period,” they continued to explain.  

“This fiscal stabilization is helping anchor longer-term interest rates and reduce tail risks.”

Related: What the Fed’s divided 2026 outlook means for Bitcoin and crypto

The VanEck outlook is more medium-term than focused on immediate events, Justin d'Anethan, head of research at Arctic Digital, told Cointelegraph.

“One can’t help but look at price action, which often is its own narrative as confirmation,” he said, adding:

“With BTC rising in a low-leverage environment, it feels like a lot of last year’s fluff was taken out, leaving bulls a tad more realistic, and bears tamed in their apocalyptic prophecies. We see a lot of indicators in deep oversold territory, edging to get back up.” 

“While conflict with the US administration and the Fed might not help things, geopolitical uncertainty and a broadly bullish sentiment on risk assets seem to bode well for crypto, as it plays catch-up,” he added. 

Market trajectory for H1 2026 is relatively clear

Meanwhile, HashKey Group senior researcher Tim Sun told Cointelegraph that following the fluctuations and adjustments in late 2025, the market trajectory for the first half of 2026 has become relatively clear.

“With the US midterm elections approaching, both fiscal and financial conditions are expected to further favor risk assets,” he said. 

“Fiscal stimulus, accommodative monetary conditions, and favorable regulatory developments collectively form a classic risk‑on macroeconomic window in the first half of 2026. In such an environment, Bitcoin and the broader crypto market stand to benefit.”

Crypto investor Will Clemente commented that “this environment is literally what Bitcoin was created for.” 

“The President is coming after the Fed chair. Metals are ripping as sovereigns diversify reserves. Stocks and risk assets are at record highs. Geopolitical risk is rising.”

Analyst tips Bitcoin to go back to six figures

MN Fund founder and crypto analyst Michaël van de Poppe is confident that BTC prices will reclaim six figures before the end of January. 

There has been no dip below the 21-day moving average with “buyers stepping in to accumulate Bitcoin at these regions,” he said on Monday. 

“Given the fact that the markets have hung in this range for such a long time, it shows the significance of the potential breakout levels,” he stated before predicting that a clear move above $92,000 will result in $100,000 in a maximum of ten days. 

BTC had tapped the $92,000 level at the time of writing early Tuesday morning in Asia after a dip to the low $90,000 area on Monday. 

BTC has been trading sideways for almost two months. Source: TradingView

Magazine: One metric shows crypto is now in a bear market: Carl ‘The Moon’
Skatīt oriģinālu
Bitwise sauc 401(k) Bitcoin alerģiju par absurdu, kad Vārēn spiež SECBitwise galvenais investīciju direktors Matts Hougan ir stingri noraidījis domu, ka Bitcoin nedrīkst izmantot kā investīciju līdzekli un 401(k) plānos, jo tā ir volatila — apgalvojot, ka dažas akcijas arī ir pakļautas pat lielākiem cenas svārstībām. Hougan izteica komentārus tajā pašā dienā, kad ASV senators Elizabete Vārēn ar pieprasījumu pie ASV Vērtspapīru un biržu komisijas (SEC) uzdeva atbildes par to, kā tā nodrošinās risku samazināšanu, saistībā ar kriptovalūtu iesaisti pensiju fondos.  Pagājušā gada augustī ASV prezidents Donalds Tramps parakstīja izpildes rīkojumu, kas norādīja Darba ministrijai pārskatīt ierobežojumus attiecībā uz alternatīvām aktīvām definētos maksājumu plānos, atverot iespēju kriptovalūtām iekļauties 401(k) pensiju plānos.

Bitwise sauc 401(k) Bitcoin alerģiju par absurdu, kad Vārēn spiež SEC

Bitwise galvenais investīciju direktors Matts Hougan ir stingri noraidījis domu, ka Bitcoin nedrīkst izmantot kā investīciju līdzekli un 401(k) plānos, jo tā ir volatila — apgalvojot, ka dažas akcijas arī ir pakļautas pat lielākiem cenas svārstībām.

Hougan izteica komentārus tajā pašā dienā, kad ASV senators Elizabete Vārēn ar pieprasījumu pie ASV Vērtspapīru un biržu komisijas (SEC) uzdeva atbildes par to, kā tā nodrošinās risku samazināšanu, saistībā ar kriptovalūtu iesaisti pensiju fondos. 

Pagājušā gada augustī ASV prezidents Donalds Tramps parakstīja izpildes rīkojumu, kas norādīja Darba ministrijai pārskatīt ierobežojumus attiecībā uz alternatīvām aktīvām definētos maksājumu plānos, atverot iespēju kriptovalūtām iekļauties 401(k) pensiju plānos.
Skatīt oriģinālu
Tiesa uz laiku neļauj Tenesī veikt pasākumus pret KalšiTenesī štata federālais tiesnesis ir uz laiku apturējis štata regulatoru darbību veikšanu pret prognožu tirgus platformu Kalshi, kas iesūdzēja tiesā štatu pēc tam, kad tai tika pavēlēts pārtraukt sporta pasākumu līgumu sniegšanu. Pirmdien tiesnese Aleta Traugere izdeva rīkojumu, kurā atbalstīja Kalši iepriekšējo lūgumu par pagaidu aizliegumu un aizlieguma rīkojumu pret Tenesī Sporta totalizatoru padomi un štata ģenerālprokuroru, kamēr tiesas lieta virzās uz priekšu. Tiesnesis sacīja, ka Kalši regulatora rīcības dēļ “cietīs neatgriezenisku kaitējumu un zaudējumus”, un uzņēmums “visticamāk, gūs panākumus, pamatojoties uz savu prasību būtību, un tā tiesības, visticamāk, tiks pārkāptas”, ja vien regulators netiks ierobežots.

Tiesa uz laiku neļauj Tenesī veikt pasākumus pret Kalši

Tenesī štata federālais tiesnesis ir uz laiku apturējis štata regulatoru darbību veikšanu pret prognožu tirgus platformu Kalshi, kas iesūdzēja tiesā štatu pēc tam, kad tai tika pavēlēts pārtraukt sporta pasākumu līgumu sniegšanu.

Pirmdien tiesnese Aleta Traugere izdeva rīkojumu, kurā atbalstīja Kalši iepriekšējo lūgumu par pagaidu aizliegumu un aizlieguma rīkojumu pret Tenesī Sporta totalizatoru padomi un štata ģenerālprokuroru, kamēr tiesas lieta virzās uz priekšu.

Tiesnesis sacīja, ka Kalši regulatora rīcības dēļ “cietīs neatgriezenisku kaitējumu un zaudējumus”, un uzņēmums “visticamāk, gūs panākumus, pamatojoties uz savu prasību būtību, un tā tiesības, visticamāk, tiks pārkāptas”, ja vien regulators netiks ierobežots.
Skatīt oriģinālu
SEC priekšsēdētājs optimistisks, ka Tramps šogad parakstīs tirgus struktūras likumuASV Akciju un biržas komisijas priekšsēdētājs Pīls Atkinsi teica, ka viņš ir pārliecināts, ka kriptovalūtas tirgus struktūras likums šogad tiks iesniegts ASV prezidentam Donaldam Trampam. Svētdien intervijā Fox Business Atkins apsprieda kriptovalūtas regulēšanas izskatus šogad. Atkins atzinās, ka 2025. gadā pieņemtais GENIUS likums ir svarīga regulēšanas skaidrības daļa ASV. Turpmāk viņš uzsvēra, ka vienotās partijas kriptovalūtas tirgus struktūras likums ir nākamais svarīgais ieguldījums iekšzemes kriptosektorā.

SEC priekšsēdētājs optimistisks, ka Tramps šogad parakstīs tirgus struktūras likumu

ASV Akciju un biržas komisijas priekšsēdētājs Pīls Atkinsi teica, ka viņš ir pārliecināts, ka kriptovalūtas tirgus struktūras likums šogad tiks iesniegts ASV prezidentam Donaldam Trampam.

Svētdien intervijā Fox Business Atkins apsprieda kriptovalūtas regulēšanas izskatus šogad. Atkins atzinās, ka 2025. gadā pieņemtais GENIUS likums ir svarīga regulēšanas skaidrības daļa ASV.

Turpmāk viņš uzsvēra, ka vienotās partijas kriptovalūtas tirgus struktūras likums ir nākamais svarīgais ieguldījums iekšzemes kriptosektorā.
Skatīt oriģinālu
Banku bažas par stabilām monetām ir „nepamatoti mīti“: ProfessorsASV banku nozare ir spiedusi „mītus“ par stabilās monetās ienesīgumu, lai aizsargātu sevi, un Kongress vajadzētu prioritāri izvēlēties patērētājus, nevis ļoti peļņas bagātās bankas, uzskata kriptovalūtu lektors un autors Omid Malekan. “Es esmu nožēlojams, ka tirgus struktūras likumdošana šķiet aizturēta ar stabilās monetās ienesīguma jautājumu. Lielākā daļa vārdos skanējošo bažu Vashingtonā balstās uz nepamatotiem mītiem,” sacīja Kolumbijas Biznesa skolas papildu profesors Omid Malekan, pirmdien. Viņš teica, ka Kriptos tirgus struktūras likumdošanas pieņemšana Vashingtonā „tagad izskatās, ka daļēji atkarīga no jautājuma, vai stabilās monetās izdevēji var kopīgi izmantot savas ekonomikas ar trešām pusēm.“

Banku bažas par stabilām monetām ir „nepamatoti mīti“: Professors

ASV banku nozare ir spiedusi „mītus“ par stabilās monetās ienesīgumu, lai aizsargātu sevi, un Kongress vajadzētu prioritāri izvēlēties patērētājus, nevis ļoti peļņas bagātās bankas, uzskata kriptovalūtu lektors un autors Omid Malekan.

“Es esmu nožēlojams, ka tirgus struktūras likumdošana šķiet aizturēta ar stabilās monetās ienesīguma jautājumu. Lielākā daļa vārdos skanējošo bažu Vashingtonā balstās uz nepamatotiem mītiem,” sacīja Kolumbijas Biznesa skolas papildu profesors Omid Malekan, pirmdien.

Viņš teica, ka Kriptos tirgus struktūras likumdošanas pieņemšana Vashingtonā „tagad izskatās, ka daļēji atkarīga no jautājuma, vai stabilās monetās izdevēji var kopīgi izmantot savas ekonomikas ar trešām pusēm.“
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Ex-NYC mayor unveils 'NYC Token' memecoin weeks after leaving officeEric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing anti-semitism and “anti-Americanism.” In a post to X on Monday, Adams announced the launch of the “NYC Token, with a link to a website that says it also aims to inspire the next wave of innovation in NYC. “I always say there are two types of Americans, those who live in New York and those who wish they could,” Adams said in a video, adding that “We’re about to change the game.” “If you can't make it to New York, we're going to bring New York to you,” Adams said, suggesting that the NYC-themed token was poised to “take off like crazy.” Proud to launch @buynyctoken, a new token built to fight the rapid spread of antisemitism and anti-Americanism across this country and now in New York City. Now live at https://t.co/zowY9Ri3aK pic.twitter.com/qBMzV88Tmj — Eric Adams (@ericadamsfornyc) January 12, 2026 In an interview with FOX Business, Adams explained that proceeds from the NYC Token would provide funding to non-profits to raise awareness about antisemitism and anti-Americanism through education programs. It will also be used to fund education about blockchain and crypto and support scholarships for NYC students in underserved communities. “[There’s a] wave of anti-Americanism that is sweeping not only on Ivy League college campuses but in the cities, so the goal is how do we use blockchain technology with this token, and a substantial amount of money raised from this token is going to fight those initiatives.” NYC Token plunges soon after launch Adam’s new memecoin, however, saw a rocky launch. DEXScreener data shows that the Solana-based token fell from $0.47 to the $0.10 roughly 30 minutes after launching, with the market cap falling from near $500 million to less than $110 million at the time of writing. There are also unverified accusations that the team behind the token has intentionally removed liquidity, with crypto analyst Rune citing blockchain data suggesting investors have been scammed out of more than $3.4 million. Cointelegraph reached out to Adams for comment but didn’t receive an immediate response. Questions remain over what’s next for the NYC token The NYC Token website provides little information on the project’s direction. The website’s “Buy NYC Token” and “Read Whitepaper” buttons also currently don’t work. However, information on its tokenomics states that 40% of the NYC tokens are allocated to community rewards, 25% to liquidity, 15% to development, and the remaining 20% split between marketing and the team. The website also suggests that Adams may pursue more than a token launch, stating: “We’re creating a decentralized financial ecosystem that's as ambitious as the city itself.” NYC has taken a change in direction Adams was officially replaced by Zohran Mamdani on Jan. 1 following Mamdani’s victory over crypto advocate and former New York Governor, Andrew Cuomo, on Nov. 4. Related: Crypto custody company BitGo seeks up to $201 million in US IPO  Adams was one of the most pro-crypto mayors in the US when leading the mayor’s office and was well-known for converting some of his earliest paychecks into crypto. Mamdani, however, adopts a far more anti-capitalist stance, a position that has drawn criticism from many in the crypto industry, with some warning that his leadership could drive tech talent out of the city. Magazine: One metric shows crypto is now in a bear market: Carl ‘The Moon’

Ex-NYC mayor unveils 'NYC Token' memecoin weeks after leaving office

Eric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing anti-semitism and “anti-Americanism.”

In a post to X on Monday, Adams announced the launch of the “NYC Token, with a link to a website that says it also aims to inspire the next wave of innovation in NYC.

“I always say there are two types of Americans, those who live in New York and those who wish they could,” Adams said in a video, adding that “We’re about to change the game.”

“If you can't make it to New York, we're going to bring New York to you,” Adams said, suggesting that the NYC-themed token was poised to “take off like crazy.”

Proud to launch @buynyctoken, a new token built to fight the rapid spread of antisemitism and anti-Americanism across this country and now in New York City.

Now live at https://t.co/zowY9Ri3aK pic.twitter.com/qBMzV88Tmj

— Eric Adams (@ericadamsfornyc) January 12, 2026

In an interview with FOX Business, Adams explained that proceeds from the NYC Token would provide funding to non-profits to raise awareness about antisemitism and anti-Americanism through education programs. It will also be used to fund education about blockchain and crypto and support scholarships for NYC students in underserved communities.

“[There’s a] wave of anti-Americanism that is sweeping not only on Ivy League college campuses but in the cities, so the goal is how do we use blockchain technology with this token, and a substantial amount of money raised from this token is going to fight those initiatives.”

NYC Token plunges soon after launch

Adam’s new memecoin, however, saw a rocky launch.

DEXScreener data shows that the Solana-based token fell from $0.47 to the $0.10 roughly 30 minutes after launching, with the market cap falling from near $500 million to less than $110 million at the time of writing.

There are also unverified accusations that the team behind the token has intentionally removed liquidity, with crypto analyst Rune citing blockchain data suggesting investors have been scammed out of more than $3.4 million.

Cointelegraph reached out to Adams for comment but didn’t receive an immediate response.

Questions remain over what’s next for the NYC token

The NYC Token website provides little information on the project’s direction. The website’s “Buy NYC Token” and “Read Whitepaper” buttons also currently don’t work.

However, information on its tokenomics states that 40% of the NYC tokens are allocated to community rewards, 25% to liquidity, 15% to development, and the remaining 20% split between marketing and the team.

The website also suggests that Adams may pursue more than a token launch, stating: “We’re creating a decentralized financial ecosystem that's as ambitious as the city itself.”

NYC has taken a change in direction

Adams was officially replaced by Zohran Mamdani on Jan. 1 following Mamdani’s victory over crypto advocate and former New York Governor, Andrew Cuomo, on Nov. 4.

Related: Crypto custody company BitGo seeks up to $201 million in US IPO 

Adams was one of the most pro-crypto mayors in the US when leading the mayor’s office and was well-known for converting some of his earliest paychecks into crypto.

Mamdani, however, adopts a far more anti-capitalist stance, a position that has drawn criticism from many in the crypto industry, with some warning that his leadership could drive tech talent out of the city.

Magazine: One metric shows crypto is now in a bear market: Carl ‘The Moon’
Skatīt oriģinālu
Tramps vēlas, lai tehnoloģijas uzņēmumi „maksātu par savu enerģiju”, kad pieaug enerģijas pieprasījumsAS prezidents Donalds Tramps ir apsolījis lielām tehnoloģijas uzņēmumiem „samaksāt par savu enerģijas patēriņu”, lai novērstu ikdienas amerikāņu maksājumus par elektrību. „Es nekad negribētu, lai amerikāņi maksātu lielākas elektrības rēķinus dēļ datu centru,” sacīja Donalds Tramps savā sociālajā platformā Truth Social otrdien. Viņš vaino demokrātus par augošajiem mājsaimniecības elektrības rēķiniem un apsolīja strādāt ar lielajiem amerikāņu tehnoloģijas gigantiem, lai „nodrošinātu viņu apņemšanos pretī amerikāņu tautai”, ar paziņojumu nākamajās nedēļās.

Tramps vēlas, lai tehnoloģijas uzņēmumi „maksātu par savu enerģiju”, kad pieaug enerģijas pieprasījums

AS prezidents Donalds Tramps ir apsolījis lielām tehnoloģijas uzņēmumiem „samaksāt par savu enerģijas patēriņu”, lai novērstu ikdienas amerikāņu maksājumus par elektrību.

„Es nekad negribētu, lai amerikāņi maksātu lielākas elektrības rēķinus dēļ datu centru,” sacīja Donalds Tramps savā sociālajā platformā Truth Social otrdien.

Viņš vaino demokrātus par augošajiem mājsaimniecības elektrības rēķiniem un apsolīja strādāt ar lielajiem amerikāņu tehnoloģijas gigantiem, lai „nodrošinātu viņu apņemšanos pretī amerikāņu tautai”, ar paziņojumu nākamajās nedēļās.
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Meta to cut 10% of metaverse arm this week amid AI push: ReportMeta is reportedly set to lay off around 10% of staff from its metaverse arm Reality Labs this week, as the firm focuses its resources on artificial intelligence.  According to a report from the New York Times (NYT) on Monday, citing sources close to the matter, Meta could announce the cuts to the division as soon as Tuesday.  Reality Labs has around 15,000 staff members. The division focuses on virtual reality (VR) gear such as headsets, as well as operating the firm’s metaverse platforms Horizon Worlds and Horizon Workrooms.  The cuts are expected to hit around 10%, equating to 1,500 people.    Cointelegraph reached out to Meta for comment.   Meta cutting metaverse budget Meta has been making gradual cuts to its metaverse budget over the past year as the firm ramped up its focus on artificial intelligence (AI).  In early December, Meta’s shares spiked after reports emerged that the firm was potentially slashing 30% from its metaverse budget and reallocating the funds to AI.    The NYT report also states that Meta plans to reallocate some of its money from Reality Labs to increase the budget of its wearables division, which focuses on smart glasses and wrist-worn devices such as the Meta Neural Band.  Boxing in Meta’s metaverse. Source: Meta The firm, formerly known as Facebook, changed its name to Meta in October 2021 as part of a major pivot from social media to the metaverse, VR and augmented reality.   Meta has lost over $70 billion on Reality Labs since the unit was launched in August 2020, with the arm posting $4.4 billion worth of operation losses in Meta’s last financial earnings report from Q3 2025.   Related: CFTC forms innovation committee to help shape rules for crypto, AI At the time, the metaverse was one of the most trending sectors in crypto and traditional tech, user adoption has failed to hit mainstream levels.  Currently, gaming-oriented metaverse platforms such as Roblox and Fortnite dominate the market, with hundreds of millions of active daily users. However, these platforms are outliers, with the rest of the sector having minuscule usage metrics in comparison.  Meanwhile, big-name blockchain metaverses such as The Sandbox saw just 776 unique active wallets engage with the platform over the past 30 days, per data from DappRadar. Some have even claimed Meta’s Horizon Worlds sees less than 900 daily active users.    While Meta may be cooling down on the metaverse, CEO Mark Zuckerberg appears to still be bullish on the growth potential of the metaverse, once calling 2025 a “pivotal year” for the industry. Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’

Meta to cut 10% of metaverse arm this week amid AI push: Report

Meta is reportedly set to lay off around 10% of staff from its metaverse arm Reality Labs this week, as the firm focuses its resources on artificial intelligence. 

According to a report from the New York Times (NYT) on Monday, citing sources close to the matter, Meta could announce the cuts to the division as soon as Tuesday. 

Reality Labs has around 15,000 staff members. The division focuses on virtual reality (VR) gear such as headsets, as well as operating the firm’s metaverse platforms Horizon Worlds and Horizon Workrooms. 

The cuts are expected to hit around 10%, equating to 1,500 people.   

Cointelegraph reached out to Meta for comment.  

Meta cutting metaverse budget

Meta has been making gradual cuts to its metaverse budget over the past year as the firm ramped up its focus on artificial intelligence (AI). 

In early December, Meta’s shares spiked after reports emerged that the firm was potentially slashing 30% from its metaverse budget and reallocating the funds to AI.   

The NYT report also states that Meta plans to reallocate some of its money from Reality Labs to increase the budget of its wearables division, which focuses on smart glasses and wrist-worn devices such as the Meta Neural Band. 

Boxing in Meta’s metaverse. Source: Meta

The firm, formerly known as Facebook, changed its name to Meta in October 2021 as part of a major pivot from social media to the metaverse, VR and augmented reality.  

Meta has lost over $70 billion on Reality Labs since the unit was launched in August 2020, with the arm posting $4.4 billion worth of operation losses in Meta’s last financial earnings report from Q3 2025.  

Related: CFTC forms innovation committee to help shape rules for crypto, AI

At the time, the metaverse was one of the most trending sectors in crypto and traditional tech, user adoption has failed to hit mainstream levels. 

Currently, gaming-oriented metaverse platforms such as Roblox and Fortnite dominate the market, with hundreds of millions of active daily users. However, these platforms are outliers, with the rest of the sector having minuscule usage metrics in comparison. 

Meanwhile, big-name blockchain metaverses such as The Sandbox saw just 776 unique active wallets engage with the platform over the past 30 days, per data from DappRadar. Some have even claimed Meta’s Horizon Worlds sees less than 900 daily active users.   

While Meta may be cooling down on the metaverse, CEO Mark Zuckerberg appears to still be bullish on the growth potential of the metaverse, once calling 2025 a “pivotal year” for the industry.

Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’
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US Senate Ag punts markup on crypto bill to end of monthThe US Senate Agriculture Committee has pushed its markup of the crypto market structure bill to the end of January, saying it needs more time to garner support for the legislation. Committee Chairman John Boozman said on Monday that he wanted to advance a bipartisan-supported bill and has “made meaningful progress and had constructive discussions as we work toward this goal.” “To finalize the remaining details and ensure the broad support this legislation requires, additional time is needed before moving to markup,” he added. “The committee will mark up this legislation during the last week of January.” The crypto industry is highly anticipating the bill as it would define how the country’s market regulators, the Securities and Exchange Commission and the Commodity Futures Trading Commission, would police crypto. Source: Senate Ag Committee Republicans The Senate Agriculture Committee oversees the CFTC and initially slated a markup for the bill on Thursday to coincide with a markup of the same bill by the Senate Banking Committee, which oversees the SEC, and is still to go ahead. The market structure bill under consideration in the Senate is separate from the House’s CLARITY Act, which it passed in July, due to procedural rules. Requests for ethics, stablecoin yield changes Some of the changes that lawmakers and lobbyists are pushing to include are a ban on all stablecoin yield payments and provisions for ethics laws. A number of Democratic Senators are pushing for conflict-of-interest guardrails in the bill, with provisions to prohibit public officials, including President Donald Trump, from profiting from any connections to crypto companies. Bank lobbyists have also pushed for a ban on third-party platforms, such as crypto exchanges, from offering stablecoin yields after the GENIUS Act prohibited issuers from doing so. Crypto lobby groups and companies have pressed for lawmakers to exclude software developers and non-custodial platforms from being classified as intermediaries, and therefore subject to finance rules. Investment bank TD Cowen said earlier this month that the midterms could diminish the support needed to pass the bill, and it was more likely to pass in 2027, with its final implementation in 2029. Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

US Senate Ag punts markup on crypto bill to end of month

The US Senate Agriculture Committee has pushed its markup of the crypto market structure bill to the end of January, saying it needs more time to garner support for the legislation.

Committee Chairman John Boozman said on Monday that he wanted to advance a bipartisan-supported bill and has “made meaningful progress and had constructive discussions as we work toward this goal.”

“To finalize the remaining details and ensure the broad support this legislation requires, additional time is needed before moving to markup,” he added. “The committee will mark up this legislation during the last week of January.”

The crypto industry is highly anticipating the bill as it would define how the country’s market regulators, the Securities and Exchange Commission and the Commodity Futures Trading Commission, would police crypto.

Source: Senate Ag Committee Republicans

The Senate Agriculture Committee oversees the CFTC and initially slated a markup for the bill on Thursday to coincide with a markup of the same bill by the Senate Banking Committee, which oversees the SEC, and is still to go ahead.

The market structure bill under consideration in the Senate is separate from the House’s CLARITY Act, which it passed in July, due to procedural rules.

Requests for ethics, stablecoin yield changes

Some of the changes that lawmakers and lobbyists are pushing to include are a ban on all stablecoin yield payments and provisions for ethics laws.

A number of Democratic Senators are pushing for conflict-of-interest guardrails in the bill, with provisions to prohibit public officials, including President Donald Trump, from profiting from any connections to crypto companies.

Bank lobbyists have also pushed for a ban on third-party platforms, such as crypto exchanges, from offering stablecoin yields after the GENIUS Act prohibited issuers from doing so.

Crypto lobby groups and companies have pressed for lawmakers to exclude software developers and non-custodial platforms from being classified as intermediaries, and therefore subject to finance rules.

Investment bank TD Cowen said earlier this month that the midterms could diminish the support needed to pass the bill, and it was more likely to pass in 2027, with its final implementation in 2029.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
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Senātori piedāvā likumprojektu, lai nostiprinātu aizsardzību crypto izstrādātājiemASV senātors Cīnija Lummis un Roni Vīdens ir ierosinājuši atsevišķu likumprojektu, lai nodrošinātu, ka blokārkārtas izstrādātāji un pakalpojumu sniedzēji, kuri neapstrādā tieši lietotāju naudu, ir brīvi no naudas pārsūtītāju regulējuma. Bloka ģeometrijas regulatīvā drošības likums (BRCA), ko Lummis un Vīdens ierosināja pirmdien, mērķis skaidrot, ka programmatūras rakstīšana vai tīklu uzturēšana neizraisa valsts vai štata naudas pārsūtīšanas prasības. Ir pieaugoši bažnības uz crypto izstrādātāju nozīmi par to, ka viņus var sodīt par noziegumu par to, kā cilvēki izmanto viņu programmatūru. 

Senātori piedāvā likumprojektu, lai nostiprinātu aizsardzību crypto izstrādātājiem

ASV senātors Cīnija Lummis un Roni Vīdens ir ierosinājuši atsevišķu likumprojektu, lai nodrošinātu, ka blokārkārtas izstrādātāji un pakalpojumu sniedzēji, kuri neapstrādā tieši lietotāju naudu, ir brīvi no naudas pārsūtītāju regulējuma.

Bloka ģeometrijas regulatīvā drošības likums (BRCA), ko Lummis un Vīdens ierosināja pirmdien, mērķis skaidrot, ka programmatūras rakstīšana vai tīklu uzturēšana neizraisa valsts vai štata naudas pārsūtīšanas prasības.

Ir pieaugoši bažnības uz crypto izstrādātāju nozīmi par to, ka viņus var sodīt par noziegumu par to, kā cilvēki izmanto viņu programmatūru. 
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OKX user’s desperate plea, Hong Kong talks gold stablecoins: Asia ExpressOKX user’s desperate plea An OKX user trying to get around restrictions on Chinese users has become desperate after the crypto exchange froze funds saying the money was needed to cover urgent family medical expenses. The user, who shared a lengthy personal appeal on X, said about $40,000 in crypto became inaccessible after OKXs risk controls locked multiple accounts linked to identity violations. The user admitted the accounts were acquired from third parties to access promotions that were unavailable to mainland China users. In the post, the user said all funds transferred into them originated from their verified personal account. They described the funds as life-saving money needed for a family members surgery. OKX founder Star Xu responded, and said that the exchange cannot transfer control of accounts or release assets based on personal claims, even when the claimant admits wrongdoing. Further handling is possible only if the registered account holder steps in to provide verifiable documents. Buying and selling accounts violates the terms of service of most crypto exchanges. (Star Xu) The user later apologized to OKX and said he would attempt to contact the accounts KYC-registered owner to seek a resolution. They added that loans from friends helped address the immediate medical emergency. Hong Kong cautious on gold-backed stablecoins Hong Kong Financial Secretary Paul Chan Mo-po has downplayed calls for gold-backed stablecoins. Chan was responding to an audience member who suggested the city explore stablecoins backed by gold, at a Saturday forum on the citys upcoming budget. He said Hong Kong would take a step-by-step approach to stablecoin development and stressed the need for prudence, adding that proposals to link stablecoins to gold or other assets could be examined after regulatory groundwork is completed. Paul Chan answered an audience members call for gold-backed stablecoins on Saturday. (RTHK) Hong Kongs stablecoin rules took effect on Aug. 1 and have since attracted a long line of applicants hoping to capitalize on the worlds largest offshore yuan market. However, Chan has said only a select few will be approved, warning that most applicants are likely to be disappointed. Stablecoin adoption has accelerated since US President Donald Trump signed the GENIUS Act into law, prompting regulators worldwide to reassess their own stablecoin frameworks.  Gold-linked stablecoins have also gained traction. Tether, the issuer of the worlds largest stablecoin USDT, has continued expanding its gold-backed offering.  In October, Tethers XAUt market cap rose by about $500 million, lifting the gold-pegged stablecoins market capitalization to $1.5 billion, CoinMarketCap data shows. Since then, its market capitalization has climbed further to about $1.87 billion at the time of writing, as gold prices surged to record highs. Read also Features Green consumers want supply chain transparency via blockchain Features Bitcoin payday? Crypto to revolutionize job wages… or not Crypto first movers risk are becoming TradFi casualties in South Korea A South Korean startup has accused financial regulators of favoring established institutions and sidelining a crypto pioneer as the country moves to formalize its tokenized securities market. Lucentblocks SOU app lets users invest in fractional ownership of real estate through tokenized investment products. (Lucentblock) Lucentblock, a blockchain-based fractional investment firm founded in 2018, said it faces possible closure after being excluded from the shortlist for South Koreas planned over-the-counter exchange for security token offerings (STOs). In October, three groups of applicants the Korea Exchange (KRX), Nextrade (NXT) and Lucentblock submitted applications to the Financial Services Commission for preliminary approval to operate a fractional investment over-the-counter exchange. The Financial Services Commission (FSC) is expected to finalize licenses by Wednesday. If the reported shortlist is confirmed, Lucentblock would be excluded from South Koreas first officially sanctioned STO trading infrastructure. Lucentblock CEO Huh Se-young called for an emergency press conference on Monday, and said that the company was being pushed out of the market despite operating for seven years under South Koreas regulatory sandbox. This is an existing business being institutionalized in a way that excludes the very companies that built the market, Huh said. The dispute has raised broader concerns over how regulatory sandboxes transition into permanent market structures. Critics argue that startups invited to experiment often lack protection once formal licensing frameworks are introduced, allowing larger players to enter late and dominate the market. Read also Features Building blocks: Gen Y can use tokens to get on the property ladder Columns 3 reasons Ethereum could turn a corner: Kain Warwick, X Hall of Flame Vietnam to license pilot crypto exchanges by Thursday Vietnam will license companies to participate in a pilot digital asset exchange program before Thursday as part of a regulatory sandbox aimed at bringing the local crypto market under formal oversight, Prime Minister Pham Minh Chinh said. The instruction was issued at a national conference on Jan. 6 reviewing the finance sectors performance in 2025 and setting priorities for 2026.  According to a government summary of the conference, the licensing deadline was included among eight priority task groups assigned to the finance sector for the year. Five companies are reportedly expected to join the pilot. Prime Minister Pham Minh Chinh instructed crypto licenses for the nations sandbox be handed out this week. (Thng tin Chnh ph) Government communications described the sandbox as a mechanism for controlled crypto experimentation while managing risks related to investor protection and Anti-Money Laundering. Vietnams crypto market has long operated in a legal grey area, until Jan. 1, when the Law on Digital Technology Industry came into force. The law provides a legal foundation for crypto that allows for regulatory sandboxes. Just last week, authorities in Da Nang city reportedly approved a pilot program for stablecoin conversion to and from the Vietnamese dong. Subscribe The most engaging reads in blockchain. Delivered once a week. Email address SUBSCRIBE

OKX user’s desperate plea, Hong Kong talks gold stablecoins: Asia Express

OKX user’s desperate plea

An OKX user trying to get around restrictions on Chinese users has become desperate after the crypto exchange froze funds saying the money was needed to cover urgent family medical expenses.

The user, who shared a lengthy personal appeal on X, said about $40,000 in crypto became inaccessible after OKXs risk controls locked multiple accounts linked to identity violations. The user admitted the accounts were acquired from third parties to access promotions that were unavailable to mainland China users.

In the post, the user said all funds transferred into them originated from their verified personal account. They described the funds as life-saving money needed for a family members surgery.

OKX founder Star Xu responded, and said that the exchange cannot transfer control of accounts or release assets based on personal claims, even when the claimant admits wrongdoing. Further handling is possible only if the registered account holder steps in to provide verifiable documents.

Buying and selling accounts violates the terms of service of most crypto exchanges. (Star Xu)

The user later apologized to OKX and said he would attempt to contact the accounts KYC-registered owner to seek a resolution. They added that loans from friends helped address the immediate medical emergency.

Hong Kong cautious on gold-backed stablecoins

Hong Kong Financial Secretary Paul Chan Mo-po has downplayed calls for gold-backed stablecoins.

Chan was responding to an audience member who suggested the city explore stablecoins backed by gold, at a Saturday forum on the citys upcoming budget.

He said Hong Kong would take a step-by-step approach to stablecoin development and stressed the need for prudence, adding that proposals to link stablecoins to gold or other assets could be examined after regulatory groundwork is completed.

Paul Chan answered an audience members call for gold-backed stablecoins on Saturday. (RTHK)

Hong Kongs stablecoin rules took effect on Aug. 1 and have since attracted a long line of applicants hoping to capitalize on the worlds largest offshore yuan market. However, Chan has said only a select few will be approved, warning that most applicants are likely to be disappointed.

Stablecoin adoption has accelerated since US President Donald Trump signed the GENIUS Act into law, prompting regulators worldwide to reassess their own stablecoin frameworks. 

Gold-linked stablecoins have also gained traction. Tether, the issuer of the worlds largest stablecoin USDT, has continued expanding its gold-backed offering. 

In October, Tethers XAUt market cap rose by about $500 million, lifting the gold-pegged stablecoins market capitalization to $1.5 billion, CoinMarketCap data shows. Since then, its market capitalization has climbed further to about $1.87 billion at the time of writing, as gold prices surged to record highs.

Read also

Features Green consumers want supply chain transparency via blockchain

Features Bitcoin payday? Crypto to revolutionize job wages… or not

Crypto first movers risk are becoming TradFi casualties in South Korea

A South Korean startup has accused financial regulators of favoring established institutions and sidelining a crypto pioneer as the country moves to formalize its tokenized securities market.

Lucentblocks SOU app lets users invest in fractional ownership of real estate through tokenized investment products. (Lucentblock)

Lucentblock, a blockchain-based fractional investment firm founded in 2018, said it faces possible closure after being excluded from the shortlist for South Koreas planned over-the-counter exchange for security token offerings (STOs).

In October, three groups of applicants the Korea Exchange (KRX), Nextrade (NXT) and Lucentblock submitted applications to the Financial Services Commission for preliminary approval to operate a fractional investment over-the-counter exchange.

The Financial Services Commission (FSC) is expected to finalize licenses by Wednesday. If the reported shortlist is confirmed, Lucentblock would be excluded from South Koreas first officially sanctioned STO trading infrastructure.

Lucentblock CEO Huh Se-young called for an emergency press conference on Monday, and said that the company was being pushed out of the market despite operating for seven years under South Koreas regulatory sandbox.

This is an existing business being institutionalized in a way that excludes the very companies that built the market, Huh said.

The dispute has raised broader concerns over how regulatory sandboxes transition into permanent market structures. Critics argue that startups invited to experiment often lack protection once formal licensing frameworks are introduced, allowing larger players to enter late and dominate the market.

Read also

Features Building blocks: Gen Y can use tokens to get on the property ladder

Columns 3 reasons Ethereum could turn a corner: Kain Warwick, X Hall of Flame

Vietnam to license pilot crypto exchanges by Thursday

Vietnam will license companies to participate in a pilot digital asset exchange program before Thursday as part of a regulatory sandbox aimed at bringing the local crypto market under formal oversight, Prime Minister Pham Minh Chinh said.

The instruction was issued at a national conference on Jan. 6 reviewing the finance sectors performance in 2025 and setting priorities for 2026. 

According to a government summary of the conference, the licensing deadline was included among eight priority task groups assigned to the finance sector for the year. Five companies are reportedly expected to join the pilot.

Prime Minister Pham Minh Chinh instructed crypto licenses for the nations sandbox be handed out this week. (Thng tin Chnh ph)

Government communications described the sandbox as a mechanism for controlled crypto experimentation while managing risks related to investor protection and Anti-Money Laundering.

Vietnams crypto market has long operated in a legal grey area, until Jan. 1, when the Law on Digital Technology Industry came into force. The law provides a legal foundation for crypto that allows for regulatory sandboxes.

Just last week, authorities in Da Nang city reportedly approved a pilot program for stablecoin conversion to and from the Vietnamese dong.

Subscribe

The most engaging reads in blockchain. Delivered once a week.

Email address

SUBSCRIBE
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Ethereum jāpārvar 'aiziešanas pārbaudi', lai pastāvētu 100 gadus: ButerinsEthereum jānonāk punktā, kurā tās vērtības piedāvājums paliek pat tad, ja izstrādātāji pārtrauc aktīvu darbu ar protokolu, pēc tā koizstrādātāja Vitalika Buterina vārdiem. "Mums jānonāk punktā, kurā Ethereum vērtības piedāvājums neatkarīgi no jebkām funkcijām, kas jau nav protokolā," teica Buterins X publicētā ziņā pirmdien. Viņš teica, ka Ethereum protokoliem vajadzētu mērķtiecīgi būt kā āmuri: pēc iegādes tie paliek lietojami, savukārt pakalpojumi zaudē funkcionalitāti, kad piegādātājs aiziet.

Ethereum jāpārvar 'aiziešanas pārbaudi', lai pastāvētu 100 gadus: Buterins

Ethereum jānonāk punktā, kurā tās vērtības piedāvājums paliek pat tad, ja izstrādātāji pārtrauc aktīvu darbu ar protokolu, pēc tā koizstrādātāja Vitalika Buterina vārdiem.

"Mums jānonāk punktā, kurā Ethereum vērtības piedāvājums neatkarīgi no jebkām funkcijām, kas jau nav protokolā," teica Buterins X publicētā ziņā pirmdien.

Viņš teica, ka Ethereum protokoliem vajadzētu mērķtiecīgi būt kā āmuri: pēc iegādes tie paliek lietojami, savukārt pakalpojumi zaudē funkcionalitāti, kad piegādātājs aiziet.
Tulkot
Bitcoin shows strength as US DOJ mulls Fed chair investigation: Will BTC price hold?Key takeaways: Institutional investors selling Bitcoin is visible through the Bitcoin ETFs recording $1.38 billion in net outflows across four trading sessions.  BTC futures data shows a neutral 5% basis rate, well below the 10% level that typically defines a true bullish breakout. Bitcoin (BTC) price briefly jumped above $92,000 on Monday after US federal prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the odd outcome, Bitcoin traders remain skeptical due to exchange-traded fund outflows and weak demand for bullish leveraged BTC positions. Bitcoin/USD vs. gold and silver. Source: TradingView Despite the recent rebound, Bitcoin is still down 23% since October 2025, while gold and silver reached all-time highs in 2026. This divergence has led traders to question whether the digital store-of-value narrative is losing strength. As a result, even if Bitcoin rallies another 14% toward $105,000, investors may hesitate to turn bullish, particularly as analysts grow less confident that the US will deliver further economic stimulus in the near term. Goldman Sachs no longer expects an interest rate cut in March, citing sticky inflation and resilient labor market data despite temporary slowdowns. US President Donald Trump has openly criticized the Fed for keeping interest rates elevated, even as inflation remained above the 2% target throughout the second half of 2025. Powell’s time as Fed chair ends in April, opening the door for a successor potentially more inclined toward looser monetary policy. Powell is being investigated over the Fed’s building renovation project, prompting analysts to question whether central bank independence could be at risk—a scenario that could favor alternative scarce assets such as Bitcoin. Powell said the action should be viewed within the broader context of the Trump administration’s threats.  Bitcoin fails to hold $94,000 despite major corporate buying Even as Bitcoin reclaimed $91,000 on Monday, traders showed little interest in turning bullish, according to BTC derivatives data. BTC 2-month futures basis rate. Source: Laevitas.ch Bitcoin’s risk profile appears largely unchanged by the power struggle between the Fed and the Trump administration, as the BTC futures annualized premium, or basis rate, remained near a neutral-to-bearish 5%. Periods of bullish sentiment are typically characterized by BTC futures trading at a 10% premium or more relative to spot markets. More importantly, Bitcoin spot ETFs recorded $1.38 billion in net outflows across four consecutive trading days. Even more concerning, Bitcoin has been unable to sustain levels above $94,000 over the past month, despite Strategy (MSTR US) adding $1.25 billion worth of BTC. The company led by Michael Saylor announced on Monday its largest Bitcoin purchase since July 2025. Related: Bitcoin to hit $2.9M by 2050 as it muscles into global trade–VanEck While Bitcoin may function as an alternative hedge to the traditional financial system, there is little evidence that a confidence crisis in the US dollar is unfolding. Despite the $601 billion fiscal deficit recorded in the final three months of 2025, the US government debt has retained its investment-grade status. Meanwhile, yields on the 5-year Treasury have remained below 3.8% over the past couple of months. US Dollar Strength Index (left) vs. US 5-year Treasury Yield. Source: TradingView If traders were bracing for an imminent economic downturn, the US dollar would likely have weakened against a basket of foreign currencies, as measured by the DXY index. Instead, the US Dollar Strength Index rebounded to 99 from a 96.7 low in late November 2025. As a result, there is currently no clear evidence of a debasement trade, despite the strong rally in precious metals. Ultimately, the appeal of Bitcoin and cryptocurrencies remains subdued, as reflected in ETF flows and muted demand for leveraged BTC positions, suggesting relatively low odds of a surprise rally toward $105,000 in the near term. This article is for general information purposes and is not intended to be and should not be taken as, legal, tax, investment, financial, or other advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Bitcoin shows strength as US DOJ mulls Fed chair investigation: Will BTC price hold?

Key takeaways:

Institutional investors selling Bitcoin is visible through the Bitcoin ETFs recording $1.38 billion in net outflows across four trading sessions. 

BTC futures data shows a neutral 5% basis rate, well below the 10% level that typically defines a true bullish breakout.

Bitcoin (BTC) price briefly jumped above $92,000 on Monday after US federal prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the odd outcome, Bitcoin traders remain skeptical due to exchange-traded fund outflows and weak demand for bullish leveraged BTC positions.

Bitcoin/USD vs. gold and silver. Source: TradingView

Despite the recent rebound, Bitcoin is still down 23% since October 2025, while gold and silver reached all-time highs in 2026. This divergence has led traders to question whether the digital store-of-value narrative is losing strength. As a result, even if Bitcoin rallies another 14% toward $105,000, investors may hesitate to turn bullish, particularly as analysts grow less confident that the US will deliver further economic stimulus in the near term.

Goldman Sachs no longer expects an interest rate cut in March, citing sticky inflation and resilient labor market data despite temporary slowdowns. US President Donald Trump has openly criticized the Fed for keeping interest rates elevated, even as inflation remained above the 2% target throughout the second half of 2025. Powell’s time as Fed chair ends in April, opening the door for a successor potentially more inclined toward looser monetary policy.

Powell is being investigated over the Fed’s building renovation project, prompting analysts to question whether central bank independence could be at risk—a scenario that could favor alternative scarce assets such as Bitcoin. Powell said the action should be viewed within the broader context of the Trump administration’s threats. 

Bitcoin fails to hold $94,000 despite major corporate buying

Even as Bitcoin reclaimed $91,000 on Monday, traders showed little interest in turning bullish, according to BTC derivatives data.

BTC 2-month futures basis rate. Source: Laevitas.ch

Bitcoin’s risk profile appears largely unchanged by the power struggle between the Fed and the Trump administration, as the BTC futures annualized premium, or basis rate, remained near a neutral-to-bearish 5%. Periods of bullish sentiment are typically characterized by BTC futures trading at a 10% premium or more relative to spot markets.

More importantly, Bitcoin spot ETFs recorded $1.38 billion in net outflows across four consecutive trading days. Even more concerning, Bitcoin has been unable to sustain levels above $94,000 over the past month, despite Strategy (MSTR US) adding $1.25 billion worth of BTC. The company led by Michael Saylor announced on Monday its largest Bitcoin purchase since July 2025.

Related: Bitcoin to hit $2.9M by 2050 as it muscles into global trade–VanEck

While Bitcoin may function as an alternative hedge to the traditional financial system, there is little evidence that a confidence crisis in the US dollar is unfolding. Despite the $601 billion fiscal deficit recorded in the final three months of 2025, the US government debt has retained its investment-grade status. Meanwhile, yields on the 5-year Treasury have remained below 3.8% over the past couple of months.

US Dollar Strength Index (left) vs. US 5-year Treasury Yield. Source: TradingView

If traders were bracing for an imminent economic downturn, the US dollar would likely have weakened against a basket of foreign currencies, as measured by the DXY index. Instead, the US Dollar Strength Index rebounded to 99 from a 96.7 low in late November 2025. As a result, there is currently no clear evidence of a debasement trade, despite the strong rally in precious metals.

Ultimately, the appeal of Bitcoin and cryptocurrencies remains subdued, as reflected in ETF flows and muted demand for leveraged BTC positions, suggesting relatively low odds of a surprise rally toward $105,000 in the near term.

This article is for general information purposes and is not intended to be and should not be taken as, legal, tax, investment, financial, or other advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
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CFTC izveido inovāciju komiteju, lai palīdzētu izveidot noteikumus par kriptovalūtām un AIAS Komoditātju un futures tirgus komisijas priekšsēdētājs Mike Seligs ir izvirzījis jauno inovāciju komiteju, kuras mērķis ir vadīt jauno tehnoloģiju regulēšanu, piemēram, blokārkāju un AI, kas pārveido finanšu tirgus. Inovāciju padome aizvieto Tehnoloģiju padomi un mēģina iekļaut augstākā līmeņa kriptovalūtu balsis CFTC procesā, lai izveidotu praktiskas, nākotnes vērstas tirgus regulas, teica Seligs pirmdien. Jaunā komiteja sniegs padomus CFTC par "komerciālām, ekonomiskām un praktiskām apsvērumiem par jaunām produktām, platformām un biznesa modeļiem finanšu tirgos, lai tā varētu izveidot skaidras noteikumus par zeltaino laiku ASV finanšu tirgos," teica Seligs.

CFTC izveido inovāciju komiteju, lai palīdzētu izveidot noteikumus par kriptovalūtām un AI

AS Komoditātju un futures tirgus komisijas priekšsēdētājs Mike Seligs ir izvirzījis jauno inovāciju komiteju, kuras mērķis ir vadīt jauno tehnoloģiju regulēšanu, piemēram, blokārkāju un AI, kas pārveido finanšu tirgus.

Inovāciju padome aizvieto Tehnoloģiju padomi un mēģina iekļaut augstākā līmeņa kriptovalūtu balsis CFTC procesā, lai izveidotu praktiskas, nākotnes vērstas tirgus regulas, teica Seligs pirmdien.

Jaunā komiteja sniegs padomus CFTC par "komerciālām, ekonomiskām un praktiskām apsvērumiem par jaunām produktām, platformām un biznesa modeļiem finanšu tirgos, lai tā varētu izveidot skaidras noteikumus par zeltaino laiku ASV finanšu tirgos," teica Seligs.
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SEC priekšsēdētājs: „Jāskatās“, vai ASV konfiskēs Venesuelas paziņotās BitcoinPauls Atkins, ASV Vērtību papīru un biržu komisijas (SEC) priekšsēdētājs, neizslēdza iespēju, ka varētu notikt autoritāšu konfiskācija pēc tam, kad ASV spēki atbrīvoja un arestēja valsts prezidentu. Pirmdien interviju ar Fox Business’ Stuart Varney, Atkins atbildēja uz ziņām, ka Venesuelā glabā līdz 60 miljardiem ASV dolāru vērtības Bitcoin (BTC), tomēr daži analītiķi teica, ka nav varējuši apstiprināt šīs ziņas. Komisijas priekšsēdētājs teica, ka „jāskatās”, kāda rīcība, ja tāda būs, ASV veiks, ja tā iegūtu iespēju konfiskēt paziņotās 600 000 BTC. 

SEC priekšsēdētājs: „Jāskatās“, vai ASV konfiskēs Venesuelas paziņotās Bitcoin

Pauls Atkins, ASV Vērtību papīru un biržu komisijas (SEC) priekšsēdētājs, neizslēdza iespēju, ka varētu notikt autoritāšu konfiskācija pēc tam, kad ASV spēki atbrīvoja un arestēja valsts prezidentu.

Pirmdien interviju ar Fox Business’ Stuart Varney, Atkins atbildēja uz ziņām, ka Venesuelā glabā līdz 60 miljardiem ASV dolāru vērtības Bitcoin (BTC), tomēr daži analītiķi teica, ka nav varējuši apstiprināt šīs ziņas. Komisijas priekšsēdētājs teica, ka „jāskatās”, kāda rīcība, ja tāda būs, ASV veiks, ja tā iegūtu iespēju konfiskēt paziņotās 600 000 BTC. 
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Fitch Ratings uzsvēris Bitcoin atbalstīto instrumentu „augstu tirgus vērtības risku"Kreditu novērtējuma kompānija Fitch Ratings ir uzsvērusi augstu riska pakāpi, kas saistīta ar Bitcoin atbalstītiem instrumentiem, brīdinājums, kas var sarežģīt kriptovalūtu saistīto kredītproduktu izplatīšanu institucionālajiem investoriem. Pirmdien veiktā novērtējumā Fitch teica, ka Bitcoin atbalstītie instrumenti, finanšu instrumenti, parasti strukturēti, savācot Bitcoin (BTC) vai Bitcoin saistītus aktīvus un izsniedzot parādu pret šo nodrošinājumu, rada „palielinātu risku”, kas „ir saskaņā ar spekulatīvās kvalitātes kredītprofiliem.”

Fitch Ratings uzsvēris Bitcoin atbalstīto instrumentu „augstu tirgus vērtības risku"

Kreditu novērtējuma kompānija Fitch Ratings ir uzsvērusi augstu riska pakāpi, kas saistīta ar Bitcoin atbalstītiem instrumentiem, brīdinājums, kas var sarežģīt kriptovalūtu saistīto kredītproduktu izplatīšanu institucionālajiem investoriem.

Pirmdien veiktā novērtējumā Fitch teica, ka Bitcoin atbalstītie instrumenti, finanšu instrumenti, parasti strukturēti, savācot Bitcoin (BTC) vai Bitcoin saistītus aktīvus un izsniedzot parādu pret šo nodrošinājumu, rada „palielinātu risku”, kas „ir saskaņā ar spekulatīvās kvalitātes kredītprofiliem.”
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Bitmine ETH holdings climb to 4.1M as chairman seeks to expand crypto strategyBitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations. The company said it purchased 24,266 Ether (ETH) over the past week, lifting its total crypto holdings to about 4.17 million ETH, or 3.4% of the token’s circulating supply. According to Monday’s announcement, the company reported about $14 billion in combined crypto and cash holdings, including $988 million in cash. In addition to ETH, it holds 193 Bitcoin (BTC) and a $23 million stake in Eightco Holdings. Bitmine also expanded its staking activity, with about 1.26 million ETH currently staked, up 596,864 ETH from the prior week. Staking involves locking cryptocurrency to help run a blockchain network in return for yield. Bitmine is working on its own staking platform, with plans to deploy it in early 2026. The update also brought renewed calls from Tom Lee for shareholder approval of an increase in authorized shares, which the company says is needed to support its strategy, ahead of its annual meeting scheduled for Thursday in Las Vegas. Lee said the company’s charter requires approval from a majority of outstanding shares and warned that without additional authorization, Bitmine’s ability to continue acquiring Ether could be limited. Bitmine shares were up 3% in early trading, according to Yahoo Finance data, while Ether (ETH) was trading near $3,100, down 3.3% over the past seven days. Source: Yahoo Finance Bitmine, Strategy dominate digital asset treasury companies 2025 saw a wave of digital asset treasury companies emerge, as entities adopted strategies centered on holding Bitcoin, Ether and other cryptocurrencies on their balance sheets. While hundreds of companies have entered the space with varying approaches, treasury holdings have become highly concentrated. According to data from CoinGecko, Bitmine has established itself as the largest Ether treasury company by a wide margin, holding 4,167,768 ETH valued at nearly $13 billion, compared with Sharplink, the second-largest holder, which reports 864,840 ETH and The Ether Machine, which holds just under 500,000 ETH. Top five Ether treasury companies. Source: CoinGecko On the Bitcoin side, Strategy, led by Michael Saylor, continues to dwarf other corporate holders after pioneering the Bitcoin treasury model in 2020. The company holds 687,410 BTC, according to BitcoinTreasuries.NET, far ahead of Mara Holdings Inc. with 53,250 BTC and Twenty One Capital with 43,514 BTC. Top five Bitcoin treasury companies. BitcoinTreasuries.NET Neither company has shown any signs of slowing down. Last week, Strategy added 13,627 BTC to its balance sheet at a cost of $1.25 billion, marking its largest Bitcoin purchase since July. Bitmine has said it is targeting ownership of 5% of Ether’s total supply, or about 6 million ETH. Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’

Bitmine ETH holdings climb to 4.1M as chairman seeks to expand crypto strategy

Bitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations.

The company said it purchased 24,266 Ether (ETH) over the past week, lifting its total crypto holdings to about 4.17 million ETH, or 3.4% of the token’s circulating supply.

According to Monday’s announcement, the company reported about $14 billion in combined crypto and cash holdings, including $988 million in cash. In addition to ETH, it holds 193 Bitcoin (BTC) and a $23 million stake in Eightco Holdings.

Bitmine also expanded its staking activity, with about 1.26 million ETH currently staked, up 596,864 ETH from the prior week. Staking involves locking cryptocurrency to help run a blockchain network in return for yield. Bitmine is working on its own staking platform, with plans to deploy it in early 2026.

The update also brought renewed calls from Tom Lee for shareholder approval of an increase in authorized shares, which the company says is needed to support its strategy, ahead of its annual meeting scheduled for Thursday in Las Vegas.

Lee said the company’s charter requires approval from a majority of outstanding shares and warned that without additional authorization, Bitmine’s ability to continue acquiring Ether could be limited.

Bitmine shares were up 3% in early trading, according to Yahoo Finance data, while Ether (ETH) was trading near $3,100, down 3.3% over the past seven days.

Source: Yahoo Finance

Bitmine, Strategy dominate digital asset treasury companies

2025 saw a wave of digital asset treasury companies emerge, as entities adopted strategies centered on holding Bitcoin, Ether and other cryptocurrencies on their balance sheets. While hundreds of companies have entered the space with varying approaches, treasury holdings have become highly concentrated.

According to data from CoinGecko, Bitmine has established itself as the largest Ether treasury company by a wide margin, holding 4,167,768 ETH valued at nearly $13 billion, compared with Sharplink, the second-largest holder, which reports 864,840 ETH and The Ether Machine, which holds just under 500,000 ETH.

Top five Ether treasury companies. Source: CoinGecko

On the Bitcoin side, Strategy, led by Michael Saylor, continues to dwarf other corporate holders after pioneering the Bitcoin treasury model in 2020. The company holds 687,410 BTC, according to BitcoinTreasuries.NET, far ahead of Mara Holdings Inc. with 53,250 BTC and Twenty One Capital with 43,514 BTC.

Top five Bitcoin treasury companies. BitcoinTreasuries.NET

Neither company has shown any signs of slowing down. Last week, Strategy added 13,627 BTC to its balance sheet at a cost of $1.25 billion, marking its largest Bitcoin purchase since July. Bitmine has said it is targeting ownership of 5% of Ether’s total supply, or about 6 million ETH.

Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’
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3 ETH cenas grafiki paredz asu kustību uz 4000 USD, kas jau notiekEther (ETH) nākotnes un spot tirgus nosūta jaukus signālus, kad nākotnes pozīcijas pieaug, taču altkriptovalūtas cena nevar sasniegt jaunus augstumus. Dati liecina, ka ETH tirdzniecības dalībnieki palielina savu eksponētību, patiesībā spot pirkšanas atbalstītā atveseļošanās. Galvenie secinājumi: Ethera novērtētais slieksnis samazinājās no visu laiku augstākā līmeņa 0,79 2. janvārī līdz 0,67 11. janvārī, lai gan atvērtās intereses pieauga. Agregētā spot CVD pieauga kopā ar uzplūdi, kas norāda uz spot balstītu pieprasījumu ar pozitīvu pozīciju novirzi.

3 ETH cenas grafiki paredz asu kustību uz 4000 USD, kas jau notiek

Ether (ETH) nākotnes un spot tirgus nosūta jaukus signālus, kad nākotnes pozīcijas pieaug, taču altkriptovalūtas cena nevar sasniegt jaunus augstumus. Dati liecina, ka ETH tirdzniecības dalībnieki palielina savu eksponētību, patiesībā spot pirkšanas atbalstītā atveseļošanās.

Galvenie secinājumi:

Ethera novērtētais slieksnis samazinājās no visu laiku augstākā līmeņa 0,79 2. janvārī līdz 0,67 11. janvārī, lai gan atvērtās intereses pieauga.

Agregētā spot CVD pieauga kopā ar uzplūdi, kas norāda uz spot balstītu pieprasījumu ar pozitīvu pozīciju novirzi.
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Bakkt akcijas uzrāva par 20% pēc stabilās valūtas maksājumu stratēģijas pārskatīšanasKriptovalūtas infrastruktūras platforma Bakkt Holdings paziņoja par līgumu par Distributed Technologies Research iegādi, kas nodrošina stabilās valūtas un naudas pārskaitījumu infrastruktūru. Pavēstījumā, ko publicēja pirmdien, Bakkt paziņoja, ka līgums paredz uzņēmumam izdot vairāk nekā deviņus miljonus akciju no savas A klases kopējām akcijām Distributed Technologies Research akcionāriem. Publicēšanas brīdī Bakkt Holdings (BKKT) akciju cena NYSE bija 19,54 ASV dolāri, palielinoties vairāk nekā par 20% iepriekšējās 24 stundās, kas padara līgumu vērtīgu vairāk nekā 178 miljoniem ASV dolāru.

Bakkt akcijas uzrāva par 20% pēc stabilās valūtas maksājumu stratēģijas pārskatīšanas

Kriptovalūtas infrastruktūras platforma Bakkt Holdings paziņoja par līgumu par Distributed Technologies Research iegādi, kas nodrošina stabilās valūtas un naudas pārskaitījumu infrastruktūru.

Pavēstījumā, ko publicēja pirmdien, Bakkt paziņoja, ka līgums paredz uzņēmumam izdot vairāk nekā deviņus miljonus akciju no savas A klases kopējām akcijām Distributed Technologies Research akcionāriem. Publicēšanas brīdī Bakkt Holdings (BKKT) akciju cena NYSE bija 19,54 ASV dolāri, palielinoties vairāk nekā par 20% iepriekšējās 24 stundās, kas padara līgumu vērtīgu vairāk nekā 178 miljoniem ASV dolāru.
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Bitcoin 'OG vilki' pārdeva par 286 miljoniem ASV dolāriem, taču iespēja sasniegt 100 000 USD BTC paliek augstaBitcoin (BTC) onchain datu parāda, ka BTC vilkām ir aktīvi, kad cena mēģina paplašināt izlauzumu no 90 000 USD līmeņa. Galvenie secinājumi Bitcoin vilka izdevumi uzplūda līdz 286 miljoniem ASV dolāriem, lielākajam pieaugumam kopš agrā novembra. Impulsa indikatori ir pozitīvi, taču šonedēļ droši vien būs liela svārstīguma. Dati no Capriole Investments liecina, ka OG vilks iztērēja vērtību, t.i., Bitcoin tika pārvietots pēc tam, kad tā bija palikusi neizmantota vairāk nekā septiņus gadus, 10. janvārī pieauga līdz aptuveni 286 miljoniem ASV dolāru. Tas bija stiprākais vecā naudas aktivitātes atgriešanās kopš 3. novembra 2025. gadā, kad rādītājs uzplūda līdz aptuveni 570 miljoniem ASV dolāru un sakrita ar BTC tirgus korekciju.

Bitcoin 'OG vilki' pārdeva par 286 miljoniem ASV dolāriem, taču iespēja sasniegt 100 000 USD BTC paliek augsta

Bitcoin (BTC) onchain datu parāda, ka BTC vilkām ir aktīvi, kad cena mēģina paplašināt izlauzumu no 90 000 USD līmeņa.

Galvenie secinājumi

Bitcoin vilka izdevumi uzplūda līdz 286 miljoniem ASV dolāriem, lielākajam pieaugumam kopš agrā novembra.

Impulsa indikatori ir pozitīvi, taču šonedēļ droši vien būs liela svārstīguma.

Dati no Capriole Investments liecina, ka OG vilks iztērēja vērtību, t.i., Bitcoin tika pārvietots pēc tam, kad tā bija palikusi neizmantota vairāk nekā septiņus gadus, 10. janvārī pieauga līdz aptuveni 286 miljoniem ASV dolāru. Tas bija stiprākais vecā naudas aktivitātes atgriešanās kopš 3. novembra 2025. gadā, kad rādītājs uzplūda līdz aptuveni 570 miljoniem ASV dolāru un sakrita ar BTC tirgus korekciju.
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