CFTC Chairman Warns of Regulatory "Gaps" in Crypto and Announces Resignation
According to the Financial Times, CFTC Chairman Rostin Behnam stated that regulation of digital assets, including Bitcoin and other cryptocurrencies, remains inadequate and concerning. He warned of regulatory "gaps" in the US crypto market and called for stronger regulation of digital assets. He will step down on January 20, the day of the presidential inauguration.
AI Startup Anthropic Aims to Raise $2 Billion, Valuation Reaches $60 Billion
According to reports, AI startup Anthropic is in negotiations to raise $2 billion, which would value the company at $60 billion, more than triple its valuation a year ago. The funding round is led by Lightspeed Venture Partners.
Insider: Major Spanish Banks Developing Regulatory and Operational Frameworks to Offer Crypto ETPs
Bitwise CEO Hunter Horsley shared information from an insider, Luis Berruga, that major Spanish banks are actively developing regulatory and operational frameworks to offer crypto ETPs. Some platforms like MyInvestor have already started doing this, and adoption across Europe is expected to accelerate in the coming months.
Telegram Provided Details of Over 2,000 Users to US Authorities in 2024
According to Protos, in 2024 the messaging app Telegram significantly increased its response to data requests, providing details of over 2,000 users to US authorities. This is based on the platform's latest transparency report.
Ripple CEO Shares Photo of Dinner with Trump on Monday Evening
Ripple CEO Brad Garlinghouse shared a photo on X platform of himself, Ripple's Chief Legal Officer Stuart Alderoty, and former US President Trump having dinner at Mar-a-Lago on Monday evening, captioning it "Strong start to 2025."
Sol Strategies Secures $25 Million Credit Facility to Invest in Solana Ecosystem
Canadian public company Sol Strategies announced a $25 million unsecured credit facility to invest in the Solana ecosystem, as part of its transformation into one of Solana's largest stakers and ecosystem participants.
New York Judge Grants Coinbase's Motion for Interlocutory Appeal, Pausing SEC Lawsuit
A US District Judge in the Southern District of New York granted Coinbase's motion for interlocutory appeal, temporarily halting the SEC's lawsuit against the exchange. The case will now be heard by the Second Circuit Court of Appeals.
The Ethereum Layer2 network Arbitrum has provided its largest-ever developer grant to South Korean conglomerate Lotte Group to support the integration of Lotte's metaverse gaming platform Caliverse.
Usual will open the token fee switch before February 1
Usual announced the launch of the "Revenue Switch" mechanism, which will directly allocate protocol revenue to $USUAL stakers. The activation condition is that more than 50% of $USUAL is staked as USUALx, or it will be automatically activated on February 1, 2025 UTC+0. Rewards are only for monthly holders, encouraging long-term staking.
Jambo will launch the J token on Solana this month, with a total supply of 1 billion
Web3 mobile infrastructure provider Jambo announced that the token generation event (TGE) will be launched in January 2025, with the token code $J, based on the Solana blockchain, and a total supply of 1 billion. Jambo has built the world's largest on-chain mobile ecosystem, with over 650,000 JamboPhones sold, covering 128 countries, and creating over 4.5 million blockchain wallets.
JamboPhone 2 is priced at $99 for the mass market, with each phone pre-installed with top partner applications, supporting multi-chain wallets, and an integrated dApp store and JamboGPT. Jambo's development has been supported by institutions such as Paradigm, OKX, Coinbase, and Pantera Capital.
BIO Protocol has launched 6 new IP tokens
BIO Protocol announced that 6 new IP tokens have been launched, covering Alzheimer's disease, industrial hemp fiber, ovarian aging, and cryopreservation.
According to unfolded data, in 2024, ETFs and listed companies purchased 859,454 Bitcoins. This is equivalent to absorbing 4.3% of the circulating supply within a year, approximately equal to the Bitcoin issuance for the next eight years.
Bitcoin ETF net inflow of 8,238 BTCs, Ethereum ETF net inflow of 33,780 ETHs today
According to Lookonchain statistics, on January 7, the Bitcoin ETF had a net inflow of 8,238 BTCs (about $829 million), with Fidelity adding 3,625 BTCs (about $365 million), bringing its total holdings to 209,135 BTCs (about $21.05 billion). The Ethereum ETF had a net inflow of 33,780 ETHs (about $123 million), with iShares (BlackRock) adding 33,618 ETHs (about $122 million), bringing its total holdings to 1,114,423 ETHs (about $4.05 billion).
MicroStrategy purchased over $22 billion worth of Bitcoin in 2024
Michael Saylor tweeted that MicroStrategy purchased a total of 258,320 Bitcoins in 2024, at a total cost of approximately $22.07 billion, with an average purchase price of around $85,450 per BTC. The annual Bitcoin holding yield was 74.3%, resulting in a net increase of 140,630 BTCs (about 385 BTCs per day). Calculated at the current Bitcoin price of $100,000, this created $14.06 billion in value for shareholders, equivalent to about $38.5 million per day.
Pump.Fun has deposited another 98,593 SOLs, worth $20 million, to Kraken
According to OnchainLens monitoring, Pump.Fun has deposited another 98,593 SOLs, worth $20 million, to Kraken. So far, they have deposited a total of 1,662,648 SOLs, worth $340 million, to Kraken. They have earned a total of 2,127,036 SOLs, worth $431.51 million.