Author: admin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Former New York City Mayor Eric Adams unveiled a new cryptocurrency called “NYC Token” on January 12, 2026, drawing quick attention and equally fast criticism. According to reports, Adams presented the project in Times Square and framed it as a way to support education and to fight anti-semitism and anti-American sentiment. The token is built on the Solana blockchain, based on information released at the launch. Token Launch And Purpose According to the official pitch and subsequent statements, proceeds from the token were to help fund scholarships…
In brief The Pentagon plans to deploy AI systems across classified and unclassified military networks. xAI’s Grok will be added to the Pentagon’s GenAI.mil platform alongside Google’s Gemini. Public Citizen warned that Grok’s safety record poses national security risks. Secretary of Defense Pete Hegseth said Monday that the Pentagon is moving to make artificial intelligence a core part of the U.S. military’s capability, using a speech at SpaceX’s Starbase facility in Texas to outline how AI and space technologies will shape future operations.Hegseth said the Pentagon’s objective is to become “an AI-first warfighting force across all domains,” including both internal…
On Jan. 13, the US Senate Banking Committee released the full text of the highly anticipated Digital Asset Market Clarity Act (CLARITY) ahead of its expected markup this week.The 278-page draft abandons the strategy of picking winners on a token-by-token basis. Instead, it constructs a comprehensive “lane system” that assigns jurisdiction based on the functional lifecycle of a digital asset.Speaking on the legislation, Senate Banking Committee Chairman Tim Scott said:“[This legislation] gives everyday Americans the protections and certainty they deserve. Investors and innovators can’t wait forever while Washington stands still, and bad actors exploit the system. This legislation puts Main…
In brief Ethereum treasury firm SharpLink Gaming aims to productively use its ETH holdings in 2026. The firm staked $170 million in ETH on Linea last week, and will seek out other opportunities to benefit shareholders in the future. SBET shares are up nearly 3% on Tuesday as ETH continues to rebound, recently trading above $3,200. Publicly traded Ethereum treasury firm SharpLink Gaming is aiming to “pioneer” the productive use of ETH by digital asset treasuries in 2026, after adding billions of dollars’ worth of the crypto asset last year.The firm, which has amassed more than 865,000 ETH—about $2.75 billion…
In brief The United States Attorney’s Office in Massachusetts filed a civil forfeiture action to claw back roughly $200,000 in USDT linked to an online investment fraud scheme. It traced part of a Massachusetts resident’s losses from a suspected fake trading platform to a crypto account seized in June 2025. Recoveries for scams remain rare. The U.S. Attorney’s Office in Massachusetts filed a civil forfeiture action Monday seeking to recover just over $200,000 in the USDT stablecoin that prosecutors said were proceeds of an online cryptocurrency investment fraud.The tokens were traced to a scheme that targeted a Massachusetts resident who…
Former New York mayor Eric Adams’ new NYC token fell more than 81% within about 30 minutes of its Jan. 12 launch on Solana, wiping out roughly $500 million in peak paper value.The token briefly reached an estimated market cap of $540 million–$600 million.Adams unveiled the project at a Times Square event about 12 days after leaving office and tied the token to funding blockchain education and combating antisemitism.The launch was promoted through his verified X account and later annotated by X Community Notes with a “rug pull” warning.Adams framed the venture as part of an effort to counter antisemitism.On-chain…
In brief Bitcoin rose above $93,000 on Tuesday with trading volume jumping 20% to $88.9 billion. Prediction markets show an 80% probability BTC will reach $100,000 despite defensive trader sentiment. Analysts cite deteriorating spot CVD indicating seller dominance as the Supreme Court weighs Trump tariff decision. Bitcoin has reclaimed $93,000 for the first time in nearly a week, rising more than 2% in the past 24 hours.Earlier this morning, the U.S. reported that consumer prices rose 0.3% in December. In the past year, consumer prices have risen 2.7%, according to the new data from the Bureau of Labor Statistics, with…
In brief In a new investment note, VanEck argued that the four-year Bitcoin cycle has broken, shifting investor focus to institutional flows and macro liquidity over halving narratives. VanEck views gold as a core global currency for portfolios, with pullbacks seen as buying opportunities despite high prices. Political uncertainty, like the DOJ case against the Fed Chair, could accelerate a shift into non-sovereign assets like Bitcoin as a monetary hedge. VanEck’s crypto thesis remains divided in the near term for Bitcoin and the broader crypto market, while issuing a clear risk-on signal for traditional assets such as AI stocks and…
Former Binance CEO, Changpeng Zhao (CZ), recently stated that the UAE generates surplus power in order to cover “three days” of high demand each year, making Bitcoin a buyer of last resort for energy that would otherwise go unused.Stripping away the specifics, the logic holds: mining turns curtailed or stranded electricity into revenue when no other offtaker wants it.The question for 2026 isn’t whether surplus can be mined, but whether that surplus is structural enough to contract, and whether miners can hold their position as AI and high-performance computing push up the clearing price for firm supply.The economics are straightforward.…
In brief A draft version of the”Clarity Act” draft creates a “non-ancillary” legal status for crypto assets that were part of a listed exchange-traded product as of New Year’s Day 2026. Experts say the primary impact would be on institutional compliance and access, not short-term price moves, by providing clear regulatory pathways. The provision’s fate is politically uncertain and would establish a two-tier system, making ETF eligibility a key regulatory strategy for crypto projects. A draft version of a key U.S. Senate bill could grant major cryptocurrencies like XRP, Solana, and Dogecoin significant regulatory relief by placing them in the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitmine Immersion Technologies has been making a statement with its assertive accumulation and staking of Ethereum. In just a few months, the company has assembled one of the largest known ETH treasuries held by a publicly traded firm, moving steadily toward its stated ambitious goal of controlling 5% of the total Ethereum supply. According to a recent disclosure, Bitmine is now holding about 4.17 million Ethereum (ETH) tokens, which is about 3.45% of the total circulating supply. Furthermore, the company’s total staked ETH tally has now surpassed…
In brief A newly formed black check firm is linked to Kraken. The company seeks a $250 million public offering. Kraken raised $800 million last year. KRAKacquisition Corp., a newly formed special purpose acquisition company (or SPAC), proposed a $250 million public offering in a registration statement filed on Monday.The Cayman Islands-based firm, which is sponsored by an affiliate of crypto exchange Kraken, would offer 25 million units at $10 a piece, according to a document filed with the U.S. Securities and Exchange Commission. The units comprise one Class A share and a fraction of a warrant that allows purchases…