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Prices rose modestly after a stronger-than-expected U.S. manufacturing report.Crypto markets traded higher on Monday evening after a stronger-than-expected U.S. manufacturing report helped lift broader risk sentiment.Bitcoin (BTC) was trading around $78,338, up roughly 2.1% over the past 24 hours, while Ether (ETH) rose about 1.5% to $2,338, according to CoinGecko. BTC ChartAmong other large-cap tokens, BNB gained about 2.3% to $772, while XRP climbed 1.8% to $1.62. Solana (SOL) rose roughly 3.5% to $104.73, recovering some of its recent losses.The total cryptocurrency market capitalization stood at approximately $2.72 trillion, up about 2.3% on the day, while 24-hour trading volume totaled…

Recently, trading volume in the Bitcoin spot market has decreased significantly. Tight liquidity and heightened market uncertainty have directly led to a substantial price decline. Weak buying in the spot market and increased short-term selling pressure have subjected the entire cryptocurrency market to greater volatility. However, even amidst market turmoil and eroded confidence, the mining industry has demonstrated remarkable stability. Mining companies like Anchor Mining, achieving a stable daily return of $3,656, have attracted widespread attention and become a new focal point in the market downturn. Spot market contraction and tightening liquidity amplify volatility. Spot trading volume is a crucial…

Binance plans to convert about $1B in its SAFU insurance fund from stablecoins back into Bitcoin within 30 days. Binance has said that it will convert roughly $1 billion held in stablecoins within its Secure Asset Fund for Users (SAFU) into Bitcoin (BTC), with the process set to finish within 30 days. The move shifts the exchange’s emergency insurance reserve back into BTC and comes as Binance faces renewed scrutiny over market influence, balance sheet practices, and leadership ties to former CEO Changpeng “CZ” Zhao. Binance Outlines SAFU Shift as Part of Broader Transparency Push In an open letter posted…

Tennessee lawmakers are considering legislation that would allow the state to hold bitcoin as part of its public financial reserves.  If passed, the measure would place Tennessee among a small group of U.S. states that have moved to formalize bitcoin holdings through statute. House Bill 1695, known as the Tennessee Strategic Bitcoin Reserve Act, was filed earlier this month by Rep. Jody Barrett (R–Dickson). The bill is scheduled for consideration during the current session of the 114th Tennessee General Assembly.  It would grant the State Treasurer authority to invest a limited share of select state funds in bitcoin. The bill’s…

The SEC and CFTC have relaunched Project Crypto to provide clear, coordinated regulation for the growing U.S. digital asset industry. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have relaunched Project Crypto in a coordinated effort to provide regulatory clarity for the digital asset industry. The initiative is part of a strategy to align the two agencies’ approaches to crypto markets and ensure U.S. financial leadership keeps pace with technological innovation. Project Crypto Targets Clearer Crypto Rules In a January 29 joint statement, SEC Chair Paul Atkins and CFTC Chair Heath Tarbert emphasized that…

The Plan ₿ Network just announced the global premiere of CypherTank, a Bitcoin-focused pitch series designed to highlight innovative builders, explore bold ideas, and bring the global Bitcoin community directly into the conversation. The series blends live pitching, founder storytelling, and community-driven discussion, all framed around Bitcoin culture and values.  Each episode gives viewers an inside look at how entrepreneurs think, build, and pitch in the Bitcoin ecosystem, offering both entertainment and insight for enthusiasts, investors, and fellow builders alike. Episode 1 is scheduled to debut on January 31, 2026, during Plan ₿ Forum El Salvador, with a live main-stage…

In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the profitability of running a Bitcoin mining operation. Shares of publicly traded BTC miners have fallen by double digits this week. Bitcoin miners are struggling to eke out a profit lately amid the asset’s falling price and external complications, including a winter storm that rocked a large chunk of the United States last weekend, impacting the production of top mining firms.A ratio that tracks the relationship between Bitcoin’s price and the profitability of running Bitcoin mining operations…

What lies ahead for the PI token next week, according to Gemini. It was a painful week for most of the cryptocurrency market, but Pi Network’s native token found a way to dig another (actually several) hole. In the span of just 72 hours or so, the asset plummeted to numerous consecutive all-time lows. The latest anti-record came on January 29 at $0.1589 (CoinGecko data), which means that PI has lost 94.5% of its value since late February 2025, when it charted an all-time high at $2.99. Given its spectacular demise and most recent correction, we decided to ask Gemini…

Warsh was trading at 31% to be the next Fed chair nominee before spiking Thursday evening. What would his confirmation mean for monetary policy and interest rates?President Donald Trump announced Friday morning that he’s nominating Kevin Warsh to succeed Jerome Powell as Federal Reserve chair. Prediction markets signaled the pick well before the official announcement, with Warsh’s odds on Kalshi surging from 31% to 81% on the evening of January 29 after reports emerged of his White House meeting with Trump. By Friday morning, his probability had climbed above 95% across platforms, with Polymarket showing 99.3% and Kalshi at 98.5%.…

DUBAI, UAE, Jan. 30, 2026 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, today announced its 2026 transformation into “The New Financial Platform,” a global financial ecosystem designed to expand access to modern banking, investment, and payments infrastructure for the world’s underserved populations. The vision, unveiled by co-founder and CEO Ben Zhou during the biannual keynote session, positions the company beyond its origins as a cryptocurrency exchange and into a unified financial platform connecting crypto, traditional markets, and real-world financial services. At the center of the strategy is a long-term mission: empowering the 1.4 billion underbanked people…