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⚡️ JUST IN: Gemini, founded by the Winklevoss twins, has agreed to pay a $5 million fine to settle Commodity Futures Trading Commission charges that it misled the regulator while attempting to launch the first US-regulated Bitcoin futures contract.

The settlement avoids a trial set to begin on January 21, 2025.

@Cointelegraph
🗞 Catch up on the news over the last 24 hours!

🇺🇸 Ripple CEO Brad Garlinghouse says, “75% of Ripple’s open roles are now US-based.”

🚨 Bitcoin mining company MARA lent out 7,377 Bitcoin to third parties in 2024 to generate yield, according to a Jan. 3 announcement from the company.

🔥 Metaplanet is aiming to expand its Bitcoin holdings more than fivefold to 10,000 $BTC in 2025, says CEO Simon Gerovich.

🚨 Vivek Ramaswamy’s asset management firm Strive has filed to launch a Bitcoin Bond ETF.

🚨 Bitwise CEO Hunter Horsley says Trump’s administration may unfreeze mergers and acquisitions which could transform the crypto industry if it happens.

🇺🇸 Trump-led Bitcoin rally could wane ahead of the FOMC meeting on Jan. 29, says 10x Research founder Markus Thielen.

⚡️ South Korea’s Jeju Island is reportedly planning to issue NFT tourist cards in a bid to boost visitation by the country’s younger generations.

$BTC surges to $101K.

🔥 $XRP's price action forms a bullish "bull flag" pattern, with increasing open interest signaling potential gains toward a $15 target.

🎙️ Rise'n'Crypto: $DOGE Rockets Toward $1

🔥 Vitalik Buterin sold 28 meme coins for a total of 984,000 USDC and donated the proceeds to his charity, Kanro.

⚡️ Gemini, founded by the Winklevoss twins, has agreed to pay a $5 million fine to settle Commodity Futures Trading Commission charges
⚡️ NEW: Sam Altman, CEO of OpenAI, predicts the first AI workers could join the workforce in 2025 as the company moves closer to developing artificial general intelligence (AGI).

“We are now confident we know how to build AGI as we have traditionally understood it,” said OpenAI boss Sam Altman.

@Cointelegraph
⚡️ NOW: JPMorgan’s Evolving Relationship with Bitcoin

September 2017: JPMorgan CEO called #Bitcoin a fraud and threatened to fire any employee trading $BTC.

2018: The CEO acknowledged blockchain as legitimate but dismissed cryptocurrencies.

2021: Bitcoin was deemed worthless, likened to a pet rock.

July 2021: JPMorgan published educational materials on cryptocurrencies on their official website.

September 2023: JPMorgan’s UK bank, Chase, banned crypto transactions due to rising fraud cases.

January 2025: JPMorgan now recognizes Bitcoin and gold as structurally key components of investment portfolios.

@Cointelegraph
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🔥 NEW: Michael Saylor announced that all his $BTC will be burned after his death.

He described this as a contribution to benefit the entire crypto community.

@Cointelegraph
⚡️ JUST IN: Portal to Bitcoin’s testnet faced overwhelming demand, with over 100,000 users highlighting scalability challenges in Bitcoin and Ethereum testnets, such as slow block confirmations and Lightning Network constraints.

PortaltoBitcoin empowers users with seamless, non-custodial crosschain swaps between Bitcoin, Ethereum, and other blockchains—no traditional wallets required.

The team tackled performance issues by forking Mutinynet, switching to onchain token distribution, and implementing dynamic fees, ensuring a smooth user experience even during high demand.

Portal is not just identifying blockchain challenges but actively solving them, enhancing scalability, improving transaction speeds, and creating a more resilient infrastructure.

How do you think crosschain infrastructure can shape the future of blockchain scalability?

[Brought to you by Portal to Bitcoin]
🇺🇸 After Trump’s inauguration, what’s your crypto strategy? Are you holding onto Bitcoin, or going all-in on altcoins?

Share your game plan! 👇

@Cointelegraph
🚨 UPDATE: US Bitcoin miner CleanSpark has increased its Bitcoin holdings to 9,952 $BTC by the end of 2024, surpassing Tesla as the fifth largest corporate holder of Bitcoin.

@Cointelegraph
🇺🇸 LATEST: US Federal Reserve Michael Barr is set to resign as vice chair for supervision.

Some crypto industry executives have viewed Barr as a key reason why many US banks have been hesitant to offer services to crypto firms as he once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.”

@Cointelegraph
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🔥 BULLISH: Canada’s pro-crypto politician Pierre Poilievre buys shawarma with Bitcoin.

He currently leads an 89% odds of becoming the next Canadian Prime Minister on Polymarket. Will Canada be the next country to adopt the Bitcoin strategy? 🇨🇦

@Cointelegraph
🇺🇸 ETF FLOWS: Around 9,950 BTC and 35,410 ETH were bought on Jan. 6.

BTC ETFs saw $978.6M in net inflows.

ETH ETFs saw $128.7M in net inflows.

@Cointelegraph
🚨 UPDATE: US Bitcoin ETFs bought around 51,500 $BTC in December, making up almost 3 times of the 13,850 $BTC mined in the month.

@Cointelegraph
🇨🇦 LATEST: Canada PM frontrunner Pierre Poilievre once vowed to make the country a ‘crypto capital’ in a March 2022 campaign event.

He also said, “Bitcoin could help Canadians opt out of inflation.”

@Cointelegraph
🚨 NEW: Solana developers have proposed introducing a new hashing system that changes how the Solana network verifies and traces user accounts to fix scalability issues.

@Cointelegraph
⚡️LATEST: Solana proposes a new lattice-based hashing system to fix scalability issues and boost network efficiency.

@Cointelegraph
2025/01/07 11:41:46
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