Cryptocurrency
Trump Media sets February 2 record date for digital token airdrop to DJT holders
NeutralCryptocurrency
Trump Media has announced February 2, 2026, as the record date for a digital token airdrop to shareholders of DJT, utilizing the infrastructure of Crypto.com for this initiative. Eligible shareholders must hold at least one whole share of DJT stock as of this date to qualify for the airdrop of non-transferable tokens.
Trump’s Treasury Secretary Bessent reiterates commitment to adding seized Bitcoin to strategic reserve
NeutralCryptocurrency
Trump's Treasury Secretary, Bessent, has reaffirmed the administration's commitment to incorporating seized Bitcoin into the strategic reserve, a move that could reshape the landscape of digital asset management and influence future regulatory frameworks.
PayPal outlines new tax reporting requirements for crypto users
NeutralCryptocurrency
PayPal has announced that crypto users will be required to report taxes under new IRS regulations, with the issuance of Form 1099 DA for digital asset sales starting in 2025. This move aligns with the IRS's ongoing efforts to regulate cryptocurrency transactions and ensure compliance among users.
Bitmine secures shareholder approval to increase authorized shares as ETH treasury expands
PositiveCryptocurrency
Bitmine has secured 81% shareholder approval to increase its authorized shares, coinciding with the company's expansion of its Ethereum treasury, which now holds 4.2 million ETH. This decision reflects a strategic move to enhance its financial position and support its staking network initiatives.
Mastercard weighs investment in ZeroHash after $2 billion acquisition talks fall through
NeutralCryptocurrency
Mastercard is exploring a potential investment in ZeroHash following the collapse of acquisition talks valued at $2 billion. This strategic shift indicates a move towards a commercial partnership rather than a full acquisition, reflecting a more cautious approach in the cryptocurrency sector.
RedStone acquires Security Token Market to accelerate tokenized asset adoption
PositiveCryptocurrency
RedStone has acquired Security Token Market, a move aimed at accelerating the adoption of tokenized assets in the financial sector. This acquisition is expected to enhance the infrastructure and data reliability necessary for mainstream tokenized finance.
Bitcoin drops below $90K as selloff triggers $580 million in liquidations
NegativeCryptocurrency
Bitcoin has dropped below $90,000, triggering over $580 million in liquidations as the cryptocurrency market faces a significant selloff, with Ethereum, XRP, and Solana also experiencing losses. This downturn reflects a broader trend of volatility affecting major cryptocurrencies.
Chainlink launches 24/5 access to US equities across 40+ blockchains
PositiveCryptocurrency
Chainlink has launched a groundbreaking service providing 24/5 access to U.S. equities across more than 40 blockchain networks, potentially transforming on-chain equity trading by enhancing market accessibility and efficiency.
CFTC launches Future-Proof initiative to establish bespoke rules for digital assets and other emerging markets
PositiveCryptocurrency
The Commodity Futures Trading Commission (CFTC) has launched the Future-Proof initiative, aimed at establishing tailored regulations for digital assets and emerging markets, which could significantly reshape the regulatory landscape.