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Bank Stocks Retreat as Trump Proposes 10% Credit Card Interest Rate Cap

Bank stocks retreat as 10% credit card interest rate cap proposed — Cryptonite thumbnail

The banking sector saw a significant downturn following President Trump’s proposal to temporarily cap credit card interest rates at 10%. The announcement, intended to take effect for one year starting January 20th, sent shockwaves through financial markets as investors weighed the potential impact on bank profitability. Market Reaction The news triggered a broad sell-off among … Read more

SHIB Under Pressure: 82 Trillion Tokens Flood Exchanges as Profits Evaporate

SHIB under pressure: 82 trillion tokens flood exchanges as profits evaporate — Cryptonite thumbnail

The Shiba Inu (SHIB) market has entered a period of intense volatility, erasing much of its early-year gains and forcing investors into a defensive stance. After a promising rally in late 2024, the popular meme coin has seen a sharp reversal, leaving a significant portion of its holders in the red. A Drastic Shift in … Read more

Monero Hits New All-Time High as Privacy Coins Defy Market Trends

Monero hits new all-time high as privacy coins defy market trends — Cryptonite thumbnail

Monero (XMR) has surged to a record-breaking $657 as of January 13, 2026, marking a 46% increase over the last week. With a market capitalization now reaching $12 billion, XMR has solidified its position as the leader of the privacy coin sector, significantly outperforming competitors like Zcash (ZEC). While ZEC led the market late last … Read more

Bitdeer Surpasses 2025 Targets: Self-Mining Surges 339% as AI Pivot Accelerates

Bitdeer surpasses 2025 targets: self-mining surges 339% as AI pivot accelerates — Cryptonite thumbnail

Bitdeer Technologies Group (NASDAQ: BTDR) closed out 2025 with a series of massive operational milestones, exceeding its year-end guidance and reporting a dramatic increase in both Bitcoin production and high-performance computing (HPC) capabilities. Record-Breaking Bitcoin Production The company’s aggressive transition to proprietary hardware has paid off significantly: Hashrate Growth: Bitdeer reached a self-mining hashrate of … Read more

Coinbase Weighs Support for CLARITY Act Amid Stablecoin Reward Dispute

Coinbase weighs support for CLARITY Act amid stablecoin reward dispute — Cryptonite thumbnail

As the January 15 markup for the CLARITY Act—a pivotal crypto market structure bill—approaches, Coinbase is reportedly reconsidering its endorsement of the legislation. According to Bloomberg, the exchange’s support hinges on whether the final draft includes restrictive provisions regarding stablecoin rewards. The Core Conflict: Rewards vs. Regulations The primary point of contention involves the ability … Read more

South Korea Faces Backlash Over Proposed Ownership Caps for Crypto Exchanges

South Korea faces backlash over proposed ownership caps for crypto exchanges — Cryptonite thumbnail

South Korea’s Financial Services Commission (FSC) has sparked significant industry pushback after proposing a cap on the stakes held by major shareholders in cryptocurrency exchanges. The move has drawn sharp criticism from the Digital Asset Exchange Alliance (DAXA), which represents the nation’s five largest trading platforms. A Threat to Ownership and Innovation The proposed regulations … Read more

a16z Crypto Backs Babylon with $15M to Unlock Idle Bitcoin for DeFi

a16z Crypto backs Babylon with $15M to unlock idle Bitcoin for DeFi — Cryptonite thumbnail

Venture capital firm a16z crypto has invested $15 million into the Layer 2 protocol Babylon, specifically to support the development of “Babylon Trustless Bitcoin Vaults” (BTCVaults). This latest injection brings Babylon’s total funding to $103 million, following previous rounds led by Paradigm. Unlocking a $1.4 Trillion Market The core mission of the project is to … Read more

Florida Proposes Dedicated Bitcoin Reserve for 2026 Session

Florida proposes dedicated Bitcoin reserve for 2026 session — Cryptonite thumbnail

Florida is moving to join the growing list of U.S. states integrating cryptocurrency into their official treasuries. State Senator Joe Gruters has introduced Senate Bill 1038, which aims to establish a Florida Strategic Cryptocurrency Reserve managed by the state’s Chief Financial Officer (CFO). Unlike previous attempts to allow crypto investments within existing public funds, this … Read more

Democrats Launch “BlueVault” to Capture Crypto Donations

Democrats launch BlueVault to capture crypto donations — Cryptonite thumbnail

Following the 2024 election cycle, the U.S. Democratic Party has introduced BlueVault, a dedicated cryptocurrency fundraising platform designed to reconnect with tech-forward voters and donors. By accepting Bitcoin (BTC) and USDC, the party aims to modernize its financial outreach and remain competitive in an increasingly digital political landscape. Key Strategic Shifts Closing the Gap: While … Read more

Grayscale Refreshes “Assets Under Consideration” List for Q1 2026

Grayscale refreshes assets under consideration list for Q1 2026 — Cryptonite thumbnail

Asset management giant Grayscale has released its updated “Assets Under Consideration” list for the first quarter of 2026, signaling which altcoins the firm is actively evaluating for future investment products. These updates typically occur roughly 15 days after a quarter ends to reflect the evolving crypto landscape. Key Additions and Strategic Shifts The Q1 2026 … Read more

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