šŸ” Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

Coinbase reportedly informs users of CFTC subpoena involving Polymarket

Coinbase reportedly informs users of CFTC subpoena involving Polymarket

US-based cryptocurrency exchange Coinbase reportedly received a subpoena from the Commodity Futures Trading Commission (CFTC) in connection with the crypto-based prediction market platform Polymarket.Coinbase reportedly disclosed news of the subpoena in a customer notice on Jan. 8, which was then po…

Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever

Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever

Investors withdrew substantial amounts from the U.S.-listed spot bitcoin and ether exchange-traded funds (ETFs) Wednesday as macroeconomic uncertainties cast a shadow over the cryptocurrencies' price prospects.Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-…

Peter Schiff: ā€˜US Govt Won’t Be’ Buying Bitcoin: Is That True?

Peter Schiff: ā€˜US Govt Won’t Be’ Buying Bitcoin: Is That True?

Before winning the 2024 presidential election in a landmark victory for the cryptocurrency sector, former president Donald Trump promised to establish a national Bitcoin reserve.As a result, crypto markets have been making big bets onBitcoin’s priceincreasing throughout 2025.But Trump hasn’t yet com…

Agora, Galaxy complete AUSD stablecoin’s first live transaction

Agora, Galaxy complete AUSD stablecoin’s first live transaction

Asset manager Galaxy and stablecoin issuer Agora completed the first over-the-counter transaction involving AUSD, Agora’s stablecoin, according to a Jan. 8 announcement.Ā ā€œThis trade marks the transition of AUSD from proof-of-concept to real-world application,ā€ Nick van Eck, Agora’s CEO, said in a st…

Price analysis 1/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK

Price analysis 1/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK

Bitcoin has pulled back near $95,000, indicating that the bears are trying to strengthen their position. A minor advantage in favor of the bulls is that the US spot Bitcoin exchange-traded funds witnessed inflows of $52.4 million on Jan. 7, even when Bitcoin fell more than 5%, per Farside Investors…

Outgoing SEC Chair Gensler defends crypto stance less than two weeks before leaving agency

Outgoing SEC Chair Gensler defends crypto stance less than two weeks before leaving agency

Departing U.S. Securities and Exchange Commission Chair Gary Gensler said he is proud of the work the agency has done and says there is still "work to be done" less than two weeks before he is set to leave the agency.During a Bloomberg TV interview on Wednesday, Gensler repeated his assertion that c…

U.S. CFTC Chair Behnam Makes Departure Official, Stepping Down on Inauguration Day

U.S. CFTC Chair Behnam Makes Departure Official, Stepping Down on Inauguration Day

With a formal departure announcement from U.S. Commodity Futures Trading Commission Chairman Rostin Behnam, January 20 is now the official last day of both heads of the U.S. markets regulators.Behnam joins Securities and Exchange Commission Chair Gary Gensler on choosing the very last day of the adm…

Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten

Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten

Since the November 5 election of Donald Trump to the U.S. presidency, bitcoin is up around 47%, sharply outperforming the S&P 500's 4% advance.The incoming president, of course, has made clear his friendliness towards bitcoin and crypto. Also worth consideration is the Republican sweep of the Senat…

MicroStrategy's latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin

MicroStrategy's latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin

By Ciara LinnaneSoftware company has issued stock for eight straight weeks to purchase bitcoin and now plans a perpetual preferred stock offeringMicroStrategy Inc. unveiled its latest capital raise late Friday with news of plans to issue $2 billion in preferred stock to raise the funds needed to buy…

Gemini agrees to a $5M penalty as part of proposed CFTC order

Gemini agrees to a $5M penalty as part of proposed CFTC order

The US Commodity Futures Trading Commission (CFTC) has reached an agreement with Gemini Trust Company that could allow the firm to avoid a civil trial if approved by a judge.According to a Jan. 6 filing in the US District Court for the Southern District of New York, the CFTC filed a proposed consent…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Polymarket correctly predicted the resignation of Canadian Prime Minister Justin Trudeau, MicroStrategy kicked off 2025 with the purchase of 1,070 Bitcoin made on Dec. 30 and 31, and Metaplanet — known as Japan’s MicroStrategy — said it aims to increase its Bitcoin holdings five-fol…

MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcement

MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcement

MicroStrategy, the biggest corporate Bitcoin holder, announced a fresh purchase of 1,070 BTC made in the last two days of 2024.The company revealed the purchase on Jan. 6, stating that it spent about $101 million in cash on Dec. 30–31, 2024.The acquisition was made at an average price of roughly $94…