Atomic Wallet submitted an online report regarding a user’s lost funds over the platform. It stated that they cannot confirm claims that a user lost 633 Monero tokens. The wallet provider reported that no support ticket was filed with them and that the available evidence does not prove the issue.
The dispute emerged after an X user, going by the name Nicolas van Saberhagen, claimed that his claimed his Monero balance dropped to zero in real time after opening the Atomic Wallet app. He highlighted that 633 XMR were sent to the same address across multiple transactions. However, the application displayed a banner stating that funds were safe during the event. Those tokens were worth around $479,000 at that time.
Atomic Wallet flags unusual activity In an X post, Atomic wallet assured that it reviewed the allegation of a $479,000 loss but found no verifiable proof so far. It mentioned that more than 20 hours had passed since the claim surfaced. Till now, they haven’t received any direct contact from the user through official support channels.
The company noted that screenshots alone cannot confirm a loss, as Monero transactions are private by design. Meanwhile, the wallet provider claimed that the same account later announced a 30 XMR giveaway shortly after reporting the alleged fund loss. Such behavior looks unusual.
The report found that the account making the claim was recently created and showed irregular follower growth. The wallet company allegedly has received impersonation reports linked to similar activity.
The firm also said the account making the claim was recently created and showed irregular follower growth. Atomic Wallet said it has received impersonation reports linked to similar activity. They clarified that it operates as a noncustodial wallet and does not control user funds. Users hold their assets on-chain under their own private keys. The company is still willing to investigate the matter once the user contacts its support team directly.
User blames closed-source wallet Complainant’s account alleged that his Monero balance dropped to zero in real time after opening the Atomic Wallet app. He added that the tokens held in the wallet were not his main holdings. The Monero network processed valid transactions without discrimination. He said the cryptography behind the protocol did not fail. Instead, he framed the issue as a failure of trusting closed-source software with private keys.
So this just happened.
Opened Atomic this morning, watched my XMR balance go to zero in real time. 633 XMR total, sent to the same address in multiple transactions. At current prices, that’s roughly $479,000.
The app showed a nice little banner: “Your funds are safe.”
To be… pic.twitter.com/MAPlBmF7Vl
— Nicolas van Saberhagen (@nicolas_monero) January 14, 2026
This comes in when Monero price has spiked over the week. XMR price surged by more than 50% in the last 7 days. However, it saw a fresh sell-off, dragging XMR price down by around 5% in the last 24 hours. It is trading at an average price of $682 at the press time.
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2026-01-16 03:2411d ago
2026-01-15 20:5311d ago
Interactive Brokers enables 24/7 trading with USDC stablecoin funding
Interactive Brokers, a large, global electronic brokerage firm widely cited for its strong drive to become the number one stablecoin trading firm, integrated a new 24/7 trading feature into its system, enabling users to expand their stablecoin holdings in their accounts whenever they need.
This announcement was made public on Thursday, January 15. At this time, the brokerage firm noted some advantages of using stablecoins in trading, asserting that stablecoins are a swift, affordable, and globally available option compared to other methods, such as wire transfers, which are perceived as regular funding methods.
To further elaborate on its unique features, Interactive Brokers noted that stablecoins can extend trading hours, unlike traditional wire transfers.
Interactive Brokers embraces a major move aimed at increasing USDC adoption globally Following these assertions from the company, Milan Galik, CEO of Interactive Brokers, argued that, “Using stablecoin funding gives international investors the speed and flexibility they need in today’s markets. Clients can move funds and start trading within minutes while lowering transaction costs.”
Immediately after his remarks, sources close to the matter, who wished to remain anonymous due to the confidential nature of the situation, clarified that Zerohash, a B2B crypto infrastructure provider, is the primary factor behind this incorporation’s success. Before initiating this upgrade, Interactive Brokers encouraged its retail investors in December to deposit several USDC in their individual brokerage accounts.
Notably, for the stablecoin to be effectively included in the client’s brokerage account, users were advised to transfer the cryptocurrency from their personal crypto wallets to a Zerohash wallet on a major network such as Ethereum, Solana, or Base that has current backing, thereby positioning this wallet as the most secure. Upon receipt of USDC, the digital asset is automatically converted to US dollars and added to the brokerage account.
Considering the increased adoption of stablecoins worldwide and their reshaping of global finance, Edward Woodford, the Founder and CEO of Zerohash, mentioned that the crypto infrastructure platform will charge a conversion fee as low as 0.30% per deposit, bringing the minimum charge to $1.
Apart from this fee, reports highlighted that users will also be required to pay the usual blockchain transaction charges. At this moment, sources highlighted that Mastercard proposed purchasing Zerohash for up to $2 billion. Acquisition talks proceeded; however, the current status of this discussion remains unclear.
Interactive Brokers positions itself as a leader in the crypto industry Interactive Brokers’ move to integrate 24/7 trading with USDC stablecoin funding comes as the firm seeks to launch more trading alternatives linked to stablecoins, potentially as early as next week. These options include RLUSD, a fiat-backed stablecoin issued by Ripple, and PYUSD, a stablecoin from PayPal, pegged 1:1 to the US dollar.
Following this funding, reports from reliable sources indicated that the brokerage company publicly announced its intention to introduce its own stablecoin last year.
Meanwhile, it is worth noting that Interactive Brokers, founded in 1977, is widely known for its low fees in the crypto industry.
It began operations in late 2021, offering crypto trading and custody services for four major assets, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. This operation took place in partnership with Paxos, a regulated blockchain infrastructure company.
Claim your free seat in an exclusive crypto trading community - limited to 1,000 members.
2026-01-16 03:2411d ago
2026-01-15 20:5911d ago
Nexo to pay $500K fine to California regulator over ‘risky loans'
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.
Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly assessing their ability to repay.
The California Department of Financial Protection and Innovation (DFPI) said on Wednesday that Nexo made at least 5,456 consumer and commercial loans to Californians without a valid license.
“Before making a loan, Nexo Capital generally did not evaluate the borrower’s ability to make timely repayments, existing debt, credit history, or other documents relating to the borrower’s overall financial condition,” the regulator said.
DFPI Commissioner KC Mohseni said lenders “must follow the law and avoid making risky loans that endanger consumers — and crypto-backed loans are no exception.”
DFPI says Nexo loans at increased risk of defaultCrypto-backed loans allow users to borrow fiat or stablecoins by posting digital assets as collateral.
While typically overcollateralized and easier to access than traditional credit, often without credit checks, missed repayments can trigger the forced sale of collateral to cover outstanding balances.
Source: DFPIThe DFPI claimed that Nexo had a “lack of underwriting policies” that heightened the risk of borrowers defaulting on their loans.
The DFPI said the loans were issued between July 2018 and November 2022 and involved “unlawful acts and practices” related to a consumer product or service that failed to comply with consumer financial laws.
Within 150 days, Nexo must transfer all California residents’ funds to Nexo Financial LLC, a US-based affiliate that holds a California Finance Lenders License with the DFPI.
In February 2023, the company said it would end its yield-bearing Earn Interest product for its US customers, roughly a month after it agreed to pay $45 million in penalties to US regulators.
The program allowed users to earn daily compounding yields on certain cryptocurrencies by loaning them to Nexo.
Magazine: Here’s why crypto is moving to Dubai and Abu Dhabi
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2026-01-16 03:2411d ago
2026-01-15 21:0011d ago
Expert Predicts This Massive Move For XRP Within The Next 2 Years
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
In a statement on X, a crypto expert declared unwavering confidence that XRP will join the ranks of the world’s 10 largest assets by market capitalization within the next two years. Bird’s bold comment comes during a notable change in asset rankings, where silver recently overtook Nvidia in market cap.
At the time of writing, XRP’s market cap is around $127 billion, a fraction of the threshold needed to break into the top 10, where it needs to reach at least $2 trillion in market cap.
Analyst Says XRP Can Join The World’s Top 10 Assets The prediction was shared by crypto analyst Bird, who stated that he is 100% confident that XRP will appear on the leaderboard of the top 10 global assets by market capitalization within the next 24 months. This comment was made in response to when silver, with a current market cap of $5.036 trillion, overtook NVIDIA, which has a current market cap of $4.458 trillion, as the second largest asset behind Bitcoin.
This statement of XRP becoming a top 10 asset by market cap comes with an ultra-bullish expectation where XRP provides more value than most top global assets and companies.
At the time of writing, XRP’s market capitalization is around $127 billion, which places it well outside the top 100 global assets by market cap. In fact, only Bitcoin and Ethereum currently occupy spots inside the top 100, with Bitcoin ranking eighth globally at around $1.929 trillion and Ethereum at rank 35 with a market cap of $402.09 billion.
Source: Chart from CompaniesMarketCap What Would It Take For XRP to Reach Top-Ten Status? The tenth-largest asset on the list of top assets is Broadcom, which currently has a market cap of approximately $1.611 trillion. In order for XRP to realistically become one of the world’s ten most valuable assets by market cap, the cryptocurrency would need to see extraordinary growth in price, which would not be possible without a corresponding growth in utility.
XRP’s current valuation is around $2.10 per token, and its market cap falls far short of the $1.7 trillion that it needs to overtake Broadcom. Based on the current circulating supply of XRP, achieving a market cap of $1.7 trillion would require the cryptocurrency to trade at a price around $28 per XRP. This translates to an increase of about 1,220% from the current price level.
Interestingly, many bullish XRP enthusiasts and analysts put XRP trading at this price target one day, but these predictions are based on adoption in cross-border transfers and strong demand in both retail and institutional markets for XRP. However, whether XRP can realistically reach the $28 mark within the next two years is still an open question.
XRP trading at $2.11 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2026-01-16 03:2411d ago
2026-01-15 21:0011d ago
Midnight: Perp traders are walking away – And NIGHT pays the price
Midnight [NIGHT] has slipped firmly into bearish territory as capital outflows have intensified over the past few weeks.
Data shows the asset has dropped 41% over the past three weeks, with another 10% decline recorded in the last 24 hours.
Selling pressure continues to mount for NIGHT, driven largely by perpetual market participants who have weighed heavily on price action.
The dominance of these investors has amplified downside momentum, leaving the asset under sustained pressure.
Pressure builds in the perpetual market The latest decline was further exaggerated by a sharp wave of capital outflows recorded in the past day. NIGHT has lost more than 10% of its circulating liquidity in the market, marking a significant drawdown.
In numerical terms, capital fell by $5.4 million, pushing the total balance of perpetual contracts down to just $47.95 million.
This steep gap suggests that traders are actively closing their positions, rather than new capital rotating into the market.
Source: CoinGlass
Capital has not only exited the market, but the remaining liquidity is now heavily tilted in favor of short positions.
Data shows that sell-side contracts currently outnumber buy-side contracts, a trend reflected in the Open Interest-Weighted Funding Rate, which has turned negative.
At press time, the Funding Rate was -0.0156%, a notably high negative reading that highlighted the depth of seller dominance.
A sustained drawdown at these levels would increase the likelihood of NIGHT slipping further below its current price range.
Who’s driving the sell-off? Binance and OKX traders appear to be major contributors to the ongoing decline, with market data pointing to strong sell-side activity from both exchanges.
The Taker Buy/Sell Ratio, which tracks whether volume in the perpetual market favors longs or shorts, offers clearer insight. A reading above 0 signals buying pressure, while a reading below 0 indicates rising sell volume.
Source: CoinGlass
On both Binance and OKX, the Taker Buy/Sell Ratio has dropped below 0, with readings of 0.533 on Binance and 0.77 on OKX. Selling volume has continued to climb on both platforms, reinforcing the bearish outlook.
This is particularly important because Binance controls the largest share of NIGHT’s Open Interest in the perpetual market, while OKX holds the third-largest.
When traders on these major centralized exchanges turn bearish, it increases the probability of broader market influence, potentially dragging price even lower.
Is a deeper decline inevitable? The probability of further downside remains elevated, given the prevailing bearish conditions across the market.
Data from the liquidation heatmap suggests that price could drift into lower liquidity clusters, with NIGHT potentially sliding toward the $0.060 level.
These lower clusters act as magnets during periods of heavy selling, increasing the risk of extended drawdowns.
However, there is a potential upside scenario. A drop into lower liquidity zones could be followed by a rebound if market conditions shift back in favor of the bulls.
Notably, significant liquidity clusters remain stacked above current price levels, extending toward the $0.073 region.
Source: CoinGlass
Liquidity clusters often act as price magnets, and with a bullish directional shift, the probability of a rebound would strengthen.
For now, though, short-term momentum continues to favor the bears, with NIGHT showing a higher tendency to drift lower as sell-side liquidity dominates.
Final Thoughts Capital outflows have intensified across the NIGHT perpetual market, with Binance and OKX traders playing a central role. Liquidity activity has continued to favor short positions, leaving NIGHT vulnerable to further downside.
2026-01-16 03:2411d ago
2026-01-15 21:0011d ago
Bitcoin Reclaims $97K As Long-Term Holders Supply Stays Locked
Bitcoin has pushed above the $97,000 level, extending a recovery that has brought short-term relief to a market weighed down by weeks of uncertainty. While the move has reignited optimism among some investors, a large share of analysts remains cautious, arguing that the rally could still be a counter-trend bounce within a broader bearish setup for 2026.
Price strength alone, however, does not fully explain the current move. According to a CryptoQuant analyst, Bitcoin has shown notable resilience after decisively breaking the $94,200 resistance zone and accelerating toward the $97,500 area, with on-chain data offering important context behind the advance.
One of the key indicators supporting this move is Value Days Destroyed (VDD), a metric that sheds light on long-term holder behavior. VDD measures how long coins remained inactive before being spent, weighted by transaction size. In simple terms, it helps distinguish whether price movements are driven by experienced holders distributing old coins or by newer coins changing hands.
As of January 2026, VDD is hovering around 0.53, a historically low reading. This implies that the coins currently moving on the network are relatively young, while older holdings remain largely dormant. Such behavior suggests that long-term holders are not rushing to sell into strength, lending structural support to the recent breakout—even as the broader market debates whether this surge marks renewed strength or merely a temporary reprieve.
Long-Term Holders Reinforce Bitcoin’s Breakout Quality The report by Carmelo Alemán, Verified On-Chain Analyst at CryptoQuant, highlights an important dynamic behind Bitcoin’s recent move above key resistance levels. Despite the sharp price appreciation, long-term holders remain largely inactive. In practical terms, this means that investors who have held Bitcoin through multiple cycles are not using the current strength as an opportunity to exit positions. Their restraint significantly improves the quality of the rally.
Bitcoin Value Days Destroyed | Source: CryptoQuant Historically, this behavior has mattered. When Bitcoin advances while Value Days Destroyed (VDD) stays low, it signals that older coins are not entering circulation. Demand is being met primarily by younger supply, allowing price to rise without triggering structural selling pressure from the most experienced market participants. These phases have often aligned with healthier expansion periods rather than short-lived speculative spikes.
The current breakout fits that historical pattern. Bitcoin’s move through resistance has not been accompanied by a surge in long-dormant coins being spent. Instead, long-term capital appears comfortable holding through higher prices, suggesting confidence in the broader market structure rather than urgency to lock in gains.
This supportive backdrop remains conditional. As long as VDD stays suppressed, the rally retains a strong foundation. However, a sustained increase in the indicator would change the narrative, signaling that long-term holders are beginning to distribute and potentially marking a shift toward heavier selling pressure.
Bitcoin price is trying to stabilize after a sharp rebound from the December lows, with the chart showing BTC reclaiming the $96,000–$97,000 zone. This level coincides with a confluence of technical factors, making it a critical area for short-term direction. The recent recovery followed a strong sell-off from the November highs. Where the price broke below the 50-day and 100-day moving averages and briefly capitulated toward the low $80,000s.
BTC testing key Moving Average | Source: BTCUSDT chart on TradingView From a structure perspective, BTC is now printing higher lows on the daily timeframe, signaling a potential short-term trend reversal. Price has also reclaimed the 50-day moving average, which often acts as dynamic resistance during downtrends. Holding above this level would be constructive, as it suggests buyers are regaining control after weeks of distribution and volatility.
However, overhead resistance remains significant. The 100-day and 200-day moving averages, currently clustered between $100,000 and $108,000, represent a heavy supply zone where previous breakdowns occurred. A failure to push higher could lead to renewed consolidation or a pullback toward the $92,000–$94,000 support range.
Volume has increased during the rebound, showing genuine participation rather than a low-liquidity bounce. Still, the broader trend remains unclear. For bullish momentum, Bitcoin needs acceptance above $97,000 and a clear attempt toward the $100,000 psychological level. Otherwise, the move risks being a technical rebound within a larger corrective phase.
Featured image from ChatGPT, chart from TradingView.com
2026-01-16 03:2411d ago
2026-01-15 21:0311d ago
Bitcoin, Ethereum, XRP, Dogecoin Slip After Crypto Bill Stalls In Senate: BTC Could Jump To $105,000 If This Pattern Holds, Says Analyst
Leading cryptocurrencies dipped on Thursday after a key cryptocurrency bill stalled in the Senate following opposition from industry giants.
CryptocurrencyGains +/-Price (Recorded at 8:20 p.m. ET)Bitcoin (CRYPTO: BTC)-1.29%$95,485.03Ethereum (CRYPTO: ETH)
-0.82%$3,306.90XRP (CRYPTO: XRP) -2.66%$2.07Solana (CRYPTO: SOL) -2.75%$142.06Dogecoin (CRYPTO: DOGE) -4.23%$0.1397Crypto Market CracksBitcoin retreated after lifting to a 2-month high of $97,000, with trading volume dropping 13% over the last 24 hours.
Ethereum continued to stagnate in the $3,300 region, while XRP and Dogecoin slipped 2.66% and 4.23%, respectively.
The sell-offs came after the Senate Banking Committee postponed markup on the cryptocurrency market structure bill after opposition from the industry.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN), closed down 4.70% and 6.48%, respectively
Over $320 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with long liquidations accounting for 81% of the total.
Meanwhile, Bitcoin's open interest fell 2.31% in the last 24 hours, although more than 50% of Binance traders with open BTC positions remained long.
The market sentiment shifted back to "Neutral" from "Greed," according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at 8:20 p.m. ET)Decred (DCR ) +11.99% $25.14Wrapped Pulse (WPLS ) +11.40% $0.00001638Yooldo (ESPORTS ) +8.16% $0.4633The global cryptocurrency market capitalization stood at $3.23 trillion, contracting by 1.26% in the last 24 hours.
Stocks Recover, Oil SlipsStocks rebounded on Thursday. The Dow Jones Industrial Average rallied 292.81 points, or 0.60%, to close at 49,442.44. The S&P 500 lifted 0.26% to settle at 6,944.47, while the tech-focused Nasdaq Composite rose 0.25% to end the day at 23,530.02.
Jobless claims for the week ending Jan. 10 declined by 9,000 from the previous week to 198,000, lower than market estimates of 215,000.
Oil prices eased, with the U.S. West Texas Intermediate falling below $60 a barrel after President Donald Trump softened his stance on Iran.
Altcoin Rally Incoming?In a note shared with Benzinga, analysts at cryptocurrency payment company B2BINPAY viewed that Bitcoin's market structure remains bullish, citing accumulation by large holders and leverage reset.
"Overall, the structure favors continuation," the analysts noted. "As long as Bitcoin is above the $94,000–95,000 area, a move to $100,000–$105,000 is realistic within weeks."
Widely followed cryptocurrency commentator Ted Pillows highlighted total altcoin market capitalization holding above an ascending trendline.
"If BTC holds above the $95,000 level, I think a relief rally in alts will happen," Pillows projected.
Photo Courtesy: Memory Stockphoto on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Crypto-related regulatory developments on Capitol Hill overshadowed XRP-spot ETF inflows and Ripple’s latest moves on Main Street.
Despite the delay in legislation, the short-term outlook remains cautiously bullish and constructive for the medium-term.
Below, I will explore the key drivers behind recent price trends, the medium-term (4-8 weeks) outlook, and the key technical levels traders should watch.
US Senate Delays Market Structure Bill The US Senate Banking Committee cancelled the scheduled Market Structure Bill markup vote, potentially delaying much-needed crypto legislation until the summer.
Chairman of the Banking Committee and Senator Tim Scott made the announcement, stating:
“I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working in good faith. As we take a brief pause before moving to a markup, this market structure bill reflects months of serious bipartisan negotiations and real input from innovators, investors, and law enforcement. The goal is to deliver clear rules of the road that protect consumers, strengthen our national security, and ensure the future of finance is built in the United States.”
XRPUSD – Weekly Chart – 160126 – Market Structure Bill Price Action While this week’s developments weighed on XRP, a positive takeaway was the swift action of US lawmakers in response to Coinbase’s criticisms and support withdrawal.
Senator Bill Hagerty expressed his confidence in reaching the finish line, stating:
“I am confident we will get to a consensus product in short order.”
Despite the latest regulatory setbacks, the short-term outlook remains cautiously bullish and positive for the medium term. US XRP-spot ETF market inflows and increased real-world utility tilt the supply-demand balance in XRP’s favor.
ETF Flows and Fundamental Support The US XRP-spot ETF market has reported total net inflows of $1.27 billion since launching in November. By contrast, the US SOL-spot ETF market has seen $864.77 million in net inflows since launching in October. Meanwhile, the US BTC-spot ETF market has had $1.26 billion in net outflows since the US XRP-spot ETF market launched.
Strong US XRP-spot ETF inflows underpin investor optimism over crypto legislation and increased utility, key to the bullish medium-term price outlook.
XRP Price Targets The ongoing progress of the Market Structure Bill, robust demand for XRP-spot ETF, and increased XRP utility reinforce the cautiously positive short-term (1-4 weeks) outlook, with a $2.5 price target.
Furthermore, hopes that the Senate will eventually pass crypto-friendly legislation reinforced the bullish longer-term price targets:
Medium-term (4-8 weeks): $3.0. Longer-term (8-12 weeks): $3.66. Key Risks to the Bullish Outlook Several events could unravel the positive outlook. These include:
The Bank of Japan declares a hawkish neutral interest rate (potentially 1.5%-2.5%), signaling multiple rate hikes. A higher neutral rate could trigger a yen carry trade unwind, which would impact the short-term outlook. US economic data and the Fed are dampening bets on an H1 2026 rate cut. US lawmakers roadblock the Market Structure Bill, further delaying crypto legislation. XRP-spot ETFs report outflows. These factors would likely weigh on sentiment, sending XRP below $2, which would indicate a bearish trend reversal.
Technical Analysis: Levels to Watch XRP fell 2.77% on Thursday, January 15, following the previous day’s 1.23% loss, closing at $2.0784. The token came under heavier selling pressure than the broader crypto market cap, which dropped 1.46%.
Despite the pullback, XRP continued trading above its 50-day EMA, while the token remained below the 200-day EMA. The EMAs indicated a bullish near-term but a bearish longer-term bias. However, the bullish fundamentals remain dominant.
Key technical levels to watch include:
Support levels: $2.0, $1.75, and then $1.50. 50-day EMA support: $2.0777. 200-day EMA resistance: $2.3243. Resistance levels: $2.5, $3.0, and $3.66. Viewing the daily chart, a break above $2.2 would open the door to testing the 200-day EMA. A sustained move through the 200-EMA would indicate a bullish trend reversal, bringing the $2.5 resistance level into play.
Importantly, a breakout above the EMAs would reaffirm the bullish medium-term outlook and the longer-term (8-12 weeks) $3.66 price target.
2026-01-16 03:2411d ago
2026-01-15 21:0911d ago
Bitcoin's next big test is breaking through $100,000: Asia Morning Briefing
USDT0, the unified liquidity network for Tether’s stablecoin USDT, has announced surpassing $63 billion in total value transacted over its first year of operation, recording $431 million in bridge volume in the latest 24 hours. Launched in January 2025, USDT0 has rapidly scaled, integrating 18 blockchain ecosystems. Co-Founder Lorenzo R. credits the milestone to collaboration within these ecosystems, enhancing stablecoin liquidity movement.
Key achievements include over 487,000 transactions across chains like Ethereum, Polygon, and Optimism. Tether CEO Paolo Ardiono highlights USDT0’s role in reducing friction and unifying liquidity, supporting USDT as a settlement layer across diverse networks. The platform’s advancements include its Legacy Mesh, enabling direct connections with native USDT deployments.
LayerZero’s Arjun Arora points out USDT0’s leverage, allowing decentralized finance (DeFi) systems to manage liquidity across chains. Beyond US dollars, USDT0 has expanded to include assets like tokenized gold (XAUT0) and offshore yuan (CNHT0), according to Conflux CEO Fan Long.
Looking ahead, USDT0 plans to consolidate and deepen its ecosystem engagements, aiming to grow supply and enhance throughput while integrating select new ecosystems. Plasma’s CEO Paul Faecks notes USDT0’s impact on liquidity for Aave markets, while Polygon’s Aishwary Gupta reports the transition to Polygon-native USDT0 has increased transaction activity.
These achievements position USDT0 as a key infrastructure component for cross-chain liquidity, promising further integration in a programmable stablecoin economy. The future involves ongoing consolidation and selective expansion to support a growing range of ecosystems.
Exchange-Traded Fund (ETF) Mechanics
ETFs are investment funds that trade on stock exchanges, holding assets like stocks, commodities, or bonds. The term ‘spot’ refers to the current market price of the asset the ETF aims to track. Issuers file for ETFs to offer investors exposure to these assets without direct ownership. Approval involves regulatory reviews focusing on market stability and investor protection.
Regulatory Focus on Crypto Products
Regulators prioritize custody, market integrity, and investor protection when overseeing crypto products. They require robust surveillance-sharing agreements to prevent market manipulation and demand transparency in operations. Disclosure requirements ensure investors are informed about potential risks.
Institutional Interest in Crypto
Large banks and asset managers explore crypto products due to client demand, potential fee revenue, and alternative investment opportunities. Cryptocurrency provides new access routes for diversified portfolios, appealing to a growing base of institutional clients.
Bitcoin and Solana Context
Bitcoin, the largest cryptocurrency by market value, is widely recognized as a digital store of value and payment system. Solana is known for its smart-contract capabilities, supporting decentralized applications and emphasizing speed and low costs.
Product and Market Risks
Stablecoins and other crypto products face risks like price volatility, liquidity challenges, and regulatory uncertainty. Operational risks include potential system failures, while tracking errors can affect returns. Fees vary, impacting investor costs.
Competitive Landscape
The crypto industry sees multiple issuers filing similar products, leading to competition. Timelines for product development and approval are often uncertain, with frequent amendments expected. Stakeholders watch for regulatory reviews and market reception.
Next Steps for USDT0
As USDT0 enters its second year, stakeholders anticipate continued development and integration. The focus will be on consolidating existing partnerships and expanding into new ecosystems. Market participants await further announcements on network enhancements and new asset integrations.
Post Views: 1
2026-01-16 03:2411d ago
2026-01-15 21:3111d ago
Pump.fun Rolls Out ‘Callouts' as CEO Alon Cohen Prepares Live Low-Cap Pick
Pump.fun launches “Callouts,” a social tool to alert followers about new tokens. CEO Alon Cohen will conduct a live test by selecting a low-market-cap asset. The platform records over 30,000 daily launches despite market volatility. The popular Solana-based memecoin launchpad, Pump.fun, has rolled out a social feature that is already sparking debate within the crypto ecosystem. The new Pump.fun Callouts feature allows users to send push notifications to all their followers to alert them about a specific token.
callouts are here! 🔥
– call a coin once every 6 hours
– alert ALL of your followers via push notifications
– level up on the global caller leaderboard
it's time to win with the pump fun mobile app, download now 👇🏻 pic.twitter.com/Zc9OlJt8Gg
— Pump.fun (@Pumpfun) January 15, 2026 This function aims to streamline the discovery of early-stage assets. In this regard, the firm’s founder, Alon Cohen, announced that he will personally use the Pump.fun Callouts feature to highlight a low-cap token as a real-time performance test.
To encourage competitiveness, the tool includes a global leaderboard system based on audience engagement. In this way, the Pump.fun Callouts feature integrates a reputation layer that directly links a profile’s visibility to its on-chain activity.
Security and Structural Changes in the Memecoin Ecosystem It is worth noting that the announcement raised certain doubts regarding account security and the risk of market manipulation. Despite these concerns, there are no records of Cohen’s official profile being compromised, bolstering confidence in the Pump.fun Callouts feature.
In parallel, the platform has implemented deep changes to its fee structure and creator tools. These updates, alongside the Pump.fun Callouts feature, are part of an effort to foster accountability and long-term commitment from developers.
Currently, Pump.fun remains one of the most active protocols, with over 30,000 new tokens created in the last 24 hours. Therefore, the Pump.fun Callouts feature arrives at a time of high demand, with daily transaction volumes exceeding $113 million.
In summary, the integration of advanced social tools could redefine the meme economy. The Pump.fun Callouts feature is positioning itself as a key catalyst for liquidity, provided that the transparency standards demanded by the community are maintained.
2026-01-16 03:2411d ago
2026-01-15 21:4511d ago
Bitcoin Price Blinks After the Run, Market Watches the Reaction
Bitcoin price started a fresh increase above $96,000. BTC is correcting some gains and might decline to $94,000 before a fresh increase.
Bitcoin started a decent increase above $95,000 and $96,000. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a declining channel or a possible bullish flag forming with resistance at $96,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $95,000 zone. Bitcoin Price Dips and Corrects Some Gains Bitcoin price managed to stay above the $93,500 support and started a fresh increase. BTC was able to settle above $95,000 and $95,500.
The bulls were able to push the price above $96,000. Finally, the price spiked above $97,500. A high was formed at $97,898, and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high.
Bitcoin is now trading above $95,000 and the 100 hourly Simple moving average. If the price remains stable above $95,000, it could attempt a fresh increase. Immediate resistance is near the $96,000 level. The first key resistance is near the $96,200 level. There is also a declining channel or a possible bullish flag forming with resistance at $96,200 on the hourly chart of the BTC/USD pair.
Source: BTCUSD on TradingView.com The next resistance could be $97,000. A close above the $97,000 resistance might send the price further higher. In the stated case, the price could rise and test the $97,800 resistance. Any more gains might send the price toward the $98,800 level. The next barrier for the bulls could be $99,200 and $100,000.
Downside Continuation In BTC? If Bitcoin fails to rise above the $96,200 resistance zone, it could start another decline. Immediate support is near the $95,000 level. The first major support is near the $94,000 level and the 50% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898 high.
The next support is now near the $93,000 zone. Any more losses might send the price toward the $91,850 support in the near term. The main support sits at $91,500, below which BTC might accelerate lower in the near term.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $95,000, followed by $94,000.
Major Resistance Levels – $96,200 and $97,000.
2026-01-16 03:2411d ago
2026-01-15 21:4911d ago
X Bans InfoFi Apps, Forcing Kaito to Sunset Yaps and Pivot Strategy
This Thursday, it was revealed that the social network X has revoked API access for platforms that reward users with crypto assets, a move confirmed following a massive surge in automated content. In response to this ban on InfoFi apps on X, Kaito founder Yu Hu announced the immediate shutdown of its “Yaps” product, causing the price of the KAITO token to drop more than 15% in recent hours.
We are revising our developer API policies:
We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform.
We have revoked API access from these apps, so your X experience should…
— Nikita Bier (@nikitabier) January 15, 2026 The prohibition comes as a response to the AI-generated spam crisis, which, according to CryptoQuant, increased irrelevant posts by 1,224%. The impact of the ban on InfoFi apps on X dismantles a mass distribution model that, while successful in generating traction, was criticized for degrading the user experience and fostering artificial engagement within the crypto community.
It was further learned that Kaito will pivot toward “Kaito Studio,” a tier-based marketing platform expanding to TikTok and YouTube. Moving forward, investors must monitor the viability of this new permissioned model and the transition of the 157,000-member “yappers” community, as the sector searches for monetization alternatives following the block on X.
Disclaimer: Crypto Economy Flash News is compiled from official and verified public sources by our editorial team. Its purpose is to provide rapid reporting on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.
2026-01-16 03:2411d ago
2026-01-15 22:0011d ago
Peter Schiff Has Advice For Iranians Dealing With Collapse Of Their Currency And Instead Of Bitcoin He Wants Them To Choose A Crypto Like This
Economist Peter Schiff said in an interview aired Thursday that he’d prefer a gold-backed cryptocurrency over Bitcoin (CRYPTO: BTC) during a crisis like the one in Iran.
Schiff Choses Gold AgainAppearing on the Randi Hipper show, Schiff said that if he were to transact anonymously through an app in Iran, given the currency crisis and internet ban, he would choose tokenized gold over Bitcoin.
“I’d rather have a cryptocurrency backed up by real money,” Schiff stated, adding that Bitcoin is backed by nothing.
According to the Bitcoin critic, the best option in Iran would be to use a stablecoin. “There are plenty of those that you could get into. And in fact, the best stable coin, believe, would be a tokenized gold,” he said.
Inflation Crisis Fueling Bitcoin’s Rise In Iran?The Iranian Rial has become nearly worthless against the dollar, pushing people toward cryptocurrencies, including Bitcoin, as a hedge.
While internet shutdowns expose a vulnerability, there have been claims that Iranians are using Bitchat, a decentralized messaging app developed by Jack Dorsey’s Block Inc., and its clones, to send BTC via Bluetooth.
The Real ‘Digital Gold’It’s worth highlighting that Bitcoin failed to live up to its oft-repeated "digital gold" reputation in 2025, while precious metals-backed cryptocurrencies proved far more reliable.
Tether Gold (CRYPTO: XAUT) and PAX Gold (CRYPTO: PAXG) are both up over 70% over the past year, while the apex cryptocurrency is down 4%.
Asset1-Year Gains +/-Price (Recorded at 9:45 a.m. ET)Bitcoin -4.17%$95,430.78Tether Gold
+71.66%$4,591PAX Gold +70.96%$4,608.10
Photo: Shutterstock/GraphixTreasure
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
Dragonfly Capital recently withdrew 25,989.71 Hyperliquid [HYPE], worth roughly $648.6K, from Bybit, signaling a deliberate move toward self-custody rather than immediate distribution.
This action suggests conviction at the entity level, yet it does not reflect broad market accumulation. Large players often reposition assets for flexibility, risk management, or internal strategies.
However, such isolated withdrawals lose bullish weight when supporting metrics fail to confirm follow-through. In this case, the price continues to weaken despite the transfer.
Additionally, market participants have not mirrored this behavior at scale. As a result, the withdrawal reads more as selective positioning than a coordinated accumulation phase.
However, without reinforcing demand signals elsewhere, this move alone struggles to shift sentiment meaningfully.
Spot flows reverse as sellers step back in Spot flow dynamics have shifted sharply, altering the short-term supply picture. The previous session recorded $1.62M in net outflows, briefly signaling reduced exchange supply and easing sell pressure.
However, that trend reversed quickly. Latest data shows a +$538.75K net inflow, indicating tokens have started moving back onto exchanges.
This transition matters. Inflows typically suggest preparation to sell rather than hold. Therefore, the shift implies sellers are already regaining control after a short pause.
Price weakness reinforces this interpretation. Instead of stabilizing after the outflows, HYPE continued to drift lower.
Consequently, the inflow flip undermines the bullish case and strengthens the argument for renewed distribution pressure.
Source: CoinGlass
Rejection at $28 sharpens bearish structure HYPE failed decisively at the $28 resistance, confirming sellers’ dominance at higher levels. The rejection redirected the price toward the $25 support, which now looks increasingly fragile.
If sellers maintain pressure, the structure exposes $22 as the next downside level. Beyond that, prolonged weakness could open the path toward $15 before any meaningful recovery emerges.
Trend indicators reinforce this outlook. At press time, the DMI showed -DI at 24, holding above +DI at 17. This signaled sustained seller control.
Meanwhile, the ADX at 22 confirmed that bearish strength was building rather than fading. Therefore, structure and trend alignment currently favor continuation lower, not stabilization.
Source: TradingView
OI decline signals risk-off behavior Derivatives data adds another layer to the bearish setup.
At the time of writing, the Open Interest (OI) fell 7.91% to $1.31 billion, reflecting traders closing positions instead of adding exposure.
During potential bottoms, OI often rises as participants position for rebounds.
The pattern has not appeared here. Instead, traders continue to reduce risk as the price weakens. This behavior suggests uncertainty rather than confidence.
Furthermore, declining OI alongside falling price typically signals position unwinding, not aggressive dip buying.
Consequently, leverage is leaving the market instead of supporting upside attempts. Without renewed speculative interest, the price lacks the fuel required for a sustained bounce.
Source: CoinGlass
Liquidations remain muted despite weakness Liquidation data continues to show limited forced positioning, reducing the odds of a reflexive rebound.
At the latest reading, total liquidations stood near $1.94 million on the long side versus just $1.58K on shorts, highlighting an absence of short-side stress.
In major venues, Binance recorded only $1.48K in short liquidations against $142.6K in longs, while Hyperliquid saw $1.69M in long liquidations with virtually no shorts wiped out. This imbalance matters.
Without meaningful short liquidations, the price lacks the fuel required for a squeeze-driven recovery.
Instead, controlled long-side flushes suggest downside continuation rather than capitulation, leaving room for further pressure before any stabilization attempt emerges.
Source: CoinGlass
Are sellers setting up a deeper downside? All major signals now lean in the same direction. Spot inflows have returned, price structure remains weak, trend indicators favor sellers, leverage continues to unwind, and liquidation pressure stays muted.
Together, these conditions suggest sellers retain control rather than losing momentum.
Unless flows flip decisively back to sustained outflows and traders rebuild exposure, downside risks remain elevated. Therefore, HYPE appears vulnerable to further declines before any durable recovery takes shape.
Final Thoughts Exchange inflows and weak structure suggest sellers still control HYPE’s short-term direction. Without renewed demand, downside levels remain exposed before any recovery attempt.
2026-01-16 03:2411d ago
2026-01-15 22:0111d ago
DeadLock ransomware hides using exploited Polygon smart contracts
A recently-discovered ransomware dubbed “DeadLock” is stealthily exploiting Polygon smart contracts to rotate and distribute proxy addresses, say researchers at cybersecurity firm Group-IB.
The company reported on Thursday that the DeadLock ransomware, first discovered in July, has seen “low exposure” as it isn’t tied to any known data leak site or affiliate programs and has a “limited number of reported victims.”
However, Group-IB warned that even though the ransomware is “low profile,” it uses “innovative methods” that could be dangerous to organizations that don’t take the malware seriously, “especially since the abuse of this specific blockchain for malicious purposes has not been widely reported.”
DeadLock leverages Polygon smart contracts to store and rotate proxy server addresses used to communicate with victims. Code embedded in the ransomware interacts with a specific smart contract address and uses a function to dynamically update command-and-control infrastructure.
Once victims have been infected with the malware and encryption has occurred, DeadLock threatens them with a ransom note and the selling of stolen data if their demands are not met.
Infinite variants of the technique can be appliedBy storing proxy addresses on-chain, Group-IB said DeadLock creates infrastructure that is extremely difficult to disrupt, as there is no central server to take down, and blockchain data persists indefinitely across distributed nodes worldwide.
“This exploit of smart contracts to deliver proxy addresses is an interesting method where attackers can literally apply infinite variants of this technique; imagination is the limit,” it added.
HTML file with an embedded Session private messenger to contact the threat actor. Source: Group-IBNorth Korean threat actors found “EtherHiding” Weaponizing smart contracts for malware dissemination is not new, with Group-IB noting a tactic called “EtherHiding” that Google reported in October.
A North Korean threat actor dubbed “UNC5342” used this technique, “which consists of leveraging transactions on public blockchains to store and retrieve malicious payloads,” it said.
EtherHiding involves embedding malicious code, often in the form of JavaScript payloads, within a smart contract on a public blockchain, explained Google at the time.
“This approach essentially turns the blockchain into a decentralized and highly resilient command-and-control (C2) server.”Magazine: Trump rules out SBF pardon, Bitcoin in ‘boring sideways’: Hodler’s Digest
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-01-16 03:2411d ago
2026-01-15 22:1611d ago
Trump Family's World Liberty Searches for CFO to Launch Proposed Crypto Bank
World Liberty Financial, the decentralized finance platform co-founded by the Trump family, has submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. According to documents filed on January 5, 2026, the proposed Trump family crypto bank will operate under the name World Liberty Trust Co., focusing on digital asset custody and the massive adoption of its stablecoin, USD1.
The news of this future Trump family crypto bank arrives amidst a period of regulatory openness in Washington, where the OCC is prioritizing the integration of crypto firms into the federally supervised system. However, the move has sparked intense political debate and criticism from figures like Senator Elizabeth Warren, who warn of potential conflicts of interest due to the presidential family’s direct financial stake in the entity.
In the coming days, the appointment of a CFO is expected, along with final approval from regulators who recently granted preliminary green lights to firms like Ripple and Paxos. The consolidation of the Trump family crypto bank would mark a milestone in institutional adoption, allowing the firm to offer fiduciary and custody services under unprecedented federal supervision for the sector.
Disclaimer: Crypto Economy Flash News is compiled from official and verified public sources by our editorial team. Its purpose is to provide rapid reporting on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.
2026-01-16 03:2411d ago
2026-01-15 22:1811d ago
Ethereum Price Finds Balance at Support—But the Next Move Matters
Ethereum price started a major increase above the $3,350 resistance. ETH is now consolidating gains and holding the key support at $3,280.
Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,280 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,280 zone. Ethereum Price Hits Support Ethereum price remained stable above $3,300 and started a fresh increase, like Bitcoin. ETH price rallied above the $3,320 and $3,350 resistance levels.
A high was formed at $3,402, and the price recently started a downside correction. There was a move below $3,320. The price dipped below the 23.6% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high.
Ethereum price is now trading above $3,280 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,280 on the hourly chart of ETH/USD.
Source: ETHUSD on TradingView.com If the bulls can protect more losses below $3,280, the price could attempt another increase. Immediate resistance is seen near the $3,320 level. The first key resistance is near the $3,350 level. The next major resistance is near the $3,385 level. A clear move above the $3,385 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,550 in the near term.
Downside Break In ETH? If Ethereum fails to clear the $3,320 resistance, it could start a fresh decline. Initial support on the downside is near the $3,280 level and the trend line. The first major support sits near the $3,260 zone and the 100 hourly SMA.
A clear move below the $3,260 support might push the price toward the $3,220 support and the 50% Fib retracement level of the recent wave from the $3,060 swing low to the $3,402 high. Any more losses might send the price toward the $3,150 region.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 zone.
Major Support Level – $3,280
Major Resistance Level – $3,385
2026-01-16 03:2411d ago
2026-01-15 22:1911d ago
Asia Market Open: Bitcoin Softens Around $95K As AI Buzz Lifts Asian Shares
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
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Bitcoin held around $95,000 on Friday as traders weighed a calmer tone in macro markets and a fresh burst of enthusiasm for artificial intelligence stocks across Asia.
Regional equities pushed higher and hovered near record levels, with chip-linked gains back in focus after strong results from Taiwan Semiconductor Manufacturing Co revived the AI trade.
The backdrop also turned more policy-heavy after the US and Taiwan announced a trade deal that lowers tariffs on a range of Taiwanese exports and aims to steer more investment into US technology supply chains, an outcome that investors see as supportive for the semiconductor ecosystem.
Overnight, Wall Street rose as tech and financial shares led gains, extending the sense that risk appetite remains intact even as traders trim expectations for quick Federal Reserve rate cuts.
Market snapshot Bitcoin: $95,496, down 0.8% Ether: $3,301, down 0.4% XRP: $2.08, down 1.3% Total crypto market cap: $3.31 trillion, down 0.3% Bitcoin’s Role Shifts Toward Reserve Style AssetWenny Cai, co-founder of SynFutures, said Bitcoin has fundamentally decoupled from its 2021-era “high-beta” reputation.
“Trading firmly between $90,000 and $100,000, BTC is now functioning as a sophisticated macro hedge against central-bank volatility,” he said.
“This maturation is evidenced by its stabilizing dominance at 57%–58%, as capital flows into ‘neutral reserve’ assets that exist outside the traditional credit-dependent system.”
Nikkei Slips As Yen Firms Ahead Of Election WatchIn Japan, equities eased and the Nikkei slipped 0.42% as the yen steadied, with local politics still on watchlists ahead of an expected snap election call.
Currencies stayed just as influential. The dollar hovered near a six-week high after upbeat US data, including lower jobless claims, prompted traders to scale back near-term easing bets.
Commodities cooled as well. Oil prices nursed losses and gold and silver dipped after President Donald Trump signaled a wait-and-see posture on unrest in Iran, prompting traders to shave some of the geopolitical premium that had built into recent moves.
2026-01-16 02:2411d ago
2026-01-15 19:3411d ago
Coinbase CEO says key crypto vote can be rescheduled after 11th hour cancellation
Senators are vowing to go forward on a major crypto bill that would give the industry the rule of the road after a planned committee vote was derailed at the 11th hour.
But the biggest sticking points have been issues for months as Democrats, Republican, the crypto industry and banks have tried to find common ground.
The likelihood that the latest version of the bill, which was released late Monday, would be able to get the approval of the Banking Committee was already tenuous when Coinbase CEO Brian Armstrong tweeted on Wednesday afternoon that Coinbase would not be able to support the bill, listing several concerns including a reduced role for the CFTC and limits on the ability for crypto to offer consumers rewards in the bill..
"It was the 1,000th cut in a death by 1000 cuts," Sen. Cynthia Lummis told CNBC of Armstrong's tweet.
A few hours after Armstrong publicly opposed the bill, Banking Chair Tim Scott, R-S.C., formally called off the hearing, postponing it to a yet-to-be-announced date.
Armstrong told CNBC that after a new version of the bill was dropped late Monday night, he was surprised by some of the provisions in it. By the time Coinbase's team identified key areas of concern, it was too late for any changes to be made in a markup.
"We've got a chance to do a new draft and hopefully get back into a markup in a few weeks," Armstrong said.
Lummis, said it could take until February or March to re-hold the vote.
"I feel like I got run over by a Mack truck," said Lummis, one of the biggest crypto proponents on Capitol Hill who has worked on similar legislation for years.
"But we'll get back at it after this break and find some ways to fix the bill."
One of the biggest debates around the bill deals with the rewards that companies can offer stablecoin holders. Under the stablecoin law, crypto exchanges cannot offer customers interest on stablecoin – however they can offer rewards that act like interest.
Banks have said the language could lead to hundreds of billions being moved from deposits to stablecoin – one Fed report suggests there could be a credit squeeze of hundreds of billion to as much as $1.2 trillion if stablecoin can offer interest.
Armstrong said he would like to speak with bank CEOs directly on this, but argued that the bill needed to treat both industries equally.
"Crypto companies should be allowed to compete and offer loans just like banks," he said.
Banks are also preparing to fight for more favorable language. More than 3,000 banks signed a petition lead by the American Bankers Association warning that allowing crypto to offer interest-like rewards "will siphon trillions from local lending, leaving less money available for car loans, agricultural loans, mortgages, and small business borrowing that drive local economies."
Sen. Angela Alsobrooks, D-Md., said she's spoken with representatives from the banking and crypto industries, and she thinks if there is more time to negotiate, an agreement can be reached soon.
"Everyone agrees that there has to be a compromise somewhere in there, and making sure that we are allowing the innovation to grow," she said.
Caleigh Keating contributed to this article.
2026-01-16 02:2411d ago
2026-01-15 19:3911d ago
TCOM Investors Have Opportunity to Join Trip.com Group Limited Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Trip.com Group Limited (“Trip.com” or “the Company”) (NASDAQ: TCOM) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Trip.com is the subject of an article published by Investing.com on January 14, 2026, titled: “Trip.com stock falls after Chinese regulators launch antitrust probe.” According to the report, the Company “disclosed it is under investigation by China’s market regulator for potential antitrust violations.” Based on this news, shares of Trip.com fell by 17% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
2026-01-16 02:2411d ago
2026-01-15 19:4611d ago
EverGen Infrastructure Announces Closing of New FCC Credit Facility and $1.9 Million Private Placement
VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (“EverGen” or “the Company”) (TSXV: EVGN) (OTCQB: EVGIF), is pleased to announce the closing of its previously announced $13.0 million asset-level debt facility with Farm Credit Canada (“FCC”) through its wholly owned subsidiary Fraser Valley Biogas Ltd. (“FVB”), the repayment of the majority of the Company's corporate debt facility, and the closing of the second tranche of its previously announced non-brokered private p.
2026-01-16 02:2411d ago
2026-01-15 19:4611d ago
EWA: Potentially Range Bound, Given The Mix Of Tailwinds And Headwinds
The iShares MSCI Australia ETF, which has generated respectable returns of 14% over the past year, is still lagging other developed markets and global stocks in a big way. EWA's heavy exposure to financials and materials shapes its outlook; banks face headwinds from likely rate hikes, although payouts could remain steady, while materials benefit from robust export demand. Despite some mean reversion appeal, EWA trades at valuation premiums (19x earnings, 2.5x book) over developed markets with only 6% long-term earnings growth on offer.
2026-01-16 02:2411d ago
2026-01-15 19:4911d ago
AI journalism startup Symbolic.ai signs deal with Rupert Murdoch's News Corp
Image Credits:Drew Angerer/Bloomberg / Getty Images Newsrooms have been experimenting with AI for several years now but, for the most part, those efforts have been just that: experiments. A relatively unknown startup, Symbolic.ai, wants to change that, and it just signed a major deal with News Corp, the media conglomerate owned by Rupert Murdoch.
News Corp, the major assets of which include MarketWatch, the New York Post, and the WSJ, is set to begin using Symbolic’s AI platform with its financial news hub Dow Jones Newswires.
Symbolic.ai, which was founded by former eBay CEO Devin Wenig and Ars Technica co-founder Jon Stokes, says its AI platform can “assist in the production of quality journalism and content” and that its tool has even led to “productivity gains of as much as 90% for complex research tasks.” The platform is designed to make editorial workflows more efficient, providing improvements in areas like newsletter creation, audio transcription, fact-checking, “headline optimization,” SEO advice, and others.
In general, News Corp has shown a willingness to integrate AI into its media operations. In 2024, the company signed a multi-year partnership with OpenAI, wherein it would license its material to the AI company. Last November, the media conglomerate signaled that it was considering branching out, and licensing its material to other AI companies.
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2026-01-16 02:2411d ago
2026-01-15 19:5011d ago
Investor Notice: Robbins LLP Informs Investors of the Securities Class Action Against Oracle Corporation
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs investors that a class action was filed on behalf of all persons and/or entities who purchased or otherwise acquired Oracle Corporation (NYSE: ORCL) Senior Notes issued pursuant to the Shelf Registration Statement filed with the SEC on March 15, 2024, and as supplemented on September 25, 2025. Oracle is an Austin, Texas-based company that sells database software, enterprise applications, and cloud infrastructure and hardware.
Robbins LLP is Investigating Allegations that Oracle Corporation (ORCL) Misled Investors Regarding the Amount of Money Needed for its AI Buildout
Share For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Oracle Corporation (ORCL) Misled Investors Regarding the Amount of Money Needed for its AI Buildout
According to the complaint, on September 10, 2025, Oracle and OpenAI OpCo, LLC announced a $300 billion, five-year cloud computing contract, to supply OpenAI with computing power. On September 25, 2025, Oracle issued Senior Notes, comprising of $18 billion in bonds, to fund its AI infrastructure expansion. Plaintiff alleges that the Offering did not disclose that further significant debt would be required to fund the Oracle–OpenAI agreement.
The complaint alleges that unbeknownst to investors, Oracle needed to raise a significant amount of additional debt to build the AI infrastructure. Specifically, on November 13, 2025 (just seven weeks after issuing the Senior Notes), reports emerged that Oracle was looking to raise an additional $38 billion in debt sales to help fund its AI buildout. The $38 billion would consist of $23 billion and $15 billion term loans led by various banks. Proceeds from the loan would fund two data centers developed by Vantage Data Centers in Wisconsin and Texas—data centers that would support the Oracle–Open AI agreement. On this news, Oracle's Senior Notes began to trade with yields and spreads similar to lower-rated issuers as investors began to demand higher yields due to perceived credit risk.
What Now: You may be eligible to participate in the class action against Oracle Corporation. Bondholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
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Attorney Advertising. Past results do not guarantee a similar outcome.
QTEC delivers equal-weighted exposure to leading NASDAQ-100 technology stocks, emphasizing diversification across the tech sector.
On January 15, Guided Capital Wealth Management reported selling its entire holding of 12,639 shares of the First Trust NASDAQ-100 Technology Sector Index Fund (QTEC +0.30%), an estimated $2.90 million transaction based on previously disclosed values.
What happenedAccording to a filing with the Securities and Exchange Commission dated January 15, Guided Capital Wealth Management sold its entire position of 12,639 shares in the First Trust NASDAQ-100 Technology Sector Index Fund (QTEC +0.30%). The estimated value of the trade was $2.90 million. The fund reported no remaining shares of QTEC at quarter’s end.
What else to knowTop holdings after the filing:
NYSEMKT:USFR: $13.47 million (9.4% of AUM)NYSEMKT:QUAL: $9.94 million (7.0% of AUM)NYSEMKT:CGUS: $9.82 million (6.9% of AUM)NYSEMKT:DEED: $9.19 million (6.4% of AUM)NYSEMKT:PYLD: $8.81 million (6.2% of AUM)As of January 14, shares of QTEC were priced at $236.31, up 25.0% over the past year and outperforming the S&P 500 by 6.41 percentage points
ETF overviewMetricValueAUM$2.89 billionPrice (as of market close 2026-01-14)$236.31One-year total return24.95%Dividend yield0.00%ETF snapshotInvestment strategy: Seeks to track the performance of the NASDAQ-100 Technology Sector Index, investing at least 90% of assets in index constituents classified as technology.Portfolio composition: Holds an equal-weighted basket of common stocks and depositary receipts from the technology segment of the NASDAQ-100 Index.Expense ratio and structure: Structured as an open-ended ETF, designed for liquidity and transparency; expense ratio not provided in current data.The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) provides investors with targeted exposure to the technology segment of the NASDAQ-100 through an equal-weighted approach. The fund's strategy emphasizes diversification across leading technology companies, reducing concentration risk compared to market-cap weighted alternatives. QTEC's structure and index-tracking methodology make it suitable for investors seeking broad-based, systematic access to the technology sector within a transparent ETF wrapper.
What this transaction means for investorsThe decision to exit this technology-heavy ETF after a year of roughly 25% gains looks more like a sign of discipline than distress. Equal-weighted tech strategies like this one tend to shine during broad-based rallies, especially when semiconductors and software move in tandem. But that same structure can amplify volatility once leadership narrows or valuations stretch.
The sale also stands out when viewed alongside the firm’s remaining holdings. Capital appears very focused in cash-like and factor-based exposures, including short-duration instruments and quality-oriented equity funds, suggesting a deliberate effort to rebalance risk after a strong tech-driven run. That contrasts with the ETF’s own fundamentals, which remain solid. The fund holds 45 technology stocks, is heavily exposed to software and semiconductors, and is trading near its 52-week highs following sustained momentum.
For long-term investors, trimming after outperformance can be just as important as buying during drawdowns, and it doesn't mean this tech story is necessarily broken. Equal-weighted tech funds reward broad participation, but they require patience through cycles where mega-cap concentration dominates returns. Investors still bullish on long-term innovation may see pullbacks as opportunities, while acknowledging that rebalancing after strong gains is often a sign of process-driven portfolio management rather than a bearish call on the sector.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-01-16 02:2411d ago
2026-01-15 19:5711d ago
Investor Notice: Robbins LLP Informs Investors of the Vistagen Therapeutics, Inc. Securities Class Action
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs investors that a class action was filed on behalf of all investors who purchased or otherwise acquired Vistagen Therapeutics, Inc. (NASDAQ: VTGN) common stock between April 1, 2024 and December 16, 2025. Vistagen Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of therapies for neuropsychiatric and neurological disorders.
Robbins LLP is Investigating Allegations that Vistagen Therapeutics, Inc. (VTGN) Misled Investors Regarding the Viability of its Trial Study of Fasedienol
Share For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Vistagen Therapeutics, Inc. (VTGN) Misled Investors Regarding the Viability of its Trial Study of Fasedienol
According to the complaint, defendants provided these overwhelmingly positive statements to investors while at the same time, disseminating false and misleading statements and/or concealing material adverse facts concerning its Phase 3 PALISADE-3 trial study of fasedienol. This caused Plaintiff and other shareholders to purchase Vistagen’s common stock at artificially inflated prices.
Plaintiff alleges that on December 17, 2025, Vistagen issued a press release announcing that the PALISADE-3 Phase 3 study of intranasal fasedienol for the acute treatment of social anxiety disorder did not demonstrate a statistically significant improvement on the primary endpoint of change on the Subjective Units of Distress Scale (SUDS). In pertinent part, defendants announced the trial did not achieve its primary endpoint and there was no treatment difference between fasedienol and placebo for the secondary endpoints. On this news, the price of Vistagen’s common stock declined dramatically from a closing market of $4.36 per share on December 16, 2025 to $0.86 per share on December 17, 2025, a decline of more than 80%.
What Now: You may be eligible to participate in the class action against Vistagen Therapeutics, Inc. Stockholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Vistagen Therapeutics, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
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2026-01-16 02:2411d ago
2026-01-15 20:0211d ago
SDM Investors Have Opportunity to Lead Smart Digital Group Limited Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Smart Digital Group Limited (“Smart Digital” or “the Company”) (NASDAQ: SDM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between May 5, 2025 and September 26, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before March 16, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Smart Digital insiders benefited from a market manipulation scheme based on social media misinformation and the impersonation of financial professionals. The Company’s insiders made coordinated sales during the manipulation campaign. The Company was at risk of a sustained halt in trading ordered by the SEC or NASDAQ. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Smart Digital, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
2026-01-16 02:2411d ago
2026-01-15 20:0211d ago
Artiva Biotherapeutics: Upcoming Data Presentations May Bring Them Out Of Being Ignored
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS
CALGARY, Alberta, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that, at the special meeting of shareholders held on January 15, 2026 (the “Meeting”), the corporate reorganization to implement the spin out of the Company’s Quebec assets was approved.
By vote held by ballot, the special resolution to approve the Articles of Amendment to the Company’s current articles as set forth in the Management Information Circular dated December 12, 2025, (the “Circular”) and announced on December 18, 2025, to give effect to the reorganization, was approved.
Pursuant to the reorganization, the Company’s existing Class A Common Shares (the “Common Shares”) were exchanged for a new class of Class A Common Shares (the “New Common Shares”) and Series 2 Preferred Shares and the original Common Shares have been cancelled. The New Common Shares will trade on the Toronto Stock Exchange and the Oslo Stock Exchange under the same CUSIP and ISIN number as the original Common Shares. The Series 2 Preferred Shares have been assigned the new CUSIP number 74836K308 and ISIN number CA74836K3082. The Series 2 Preferred Shares will track the economic performance and value of the Company’s Quebec assets and the new Common Shares will represent ownership of all the Company’s remaining assets. The Company is assessing options to have the Series 2 Preferred Shares listed for trading.
Subject to regulatory approval, the Company will announce separately the Distribution Record Date and the Effective Date. The Distribution Record Date determines the date on which shareholders of the Company will be entitled to participate in the reorganization and the Effective Date is the date on which the Articles of Amendment will be filed.
At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at seven. After the mailing of the Circular, the Company received written notice from Messrs. Reis and Steers withdrawing their nomination as directors of the Company. As such, each of the remaining nominees proposed in Circular were elected as directors to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed, unless their office is earlier vacated in accordance with the by-laws of the Company. Following the Meeting, the Directors of the Company are Ms. Kitto, Messrs. Binnion, Holden, Sykora and Tonnessen. The Company would like to thank Ms. Fontaine for her service to the Company and wish her the best of luck with her future endeavors.
The detailed results of the vote conducted by ballot are set out below:
Nominees Votes ForVotes Withheld
Michael Binnion 65,981,03999.84%108,403 0.16%Hans Jacob Holden 65,985,03999.84%104,4030.16%Jauvonne Kitto 65,985,03999.84%104,4030.16%Dennis Sykora 65,985,03999.84%104,4030.16%Bjorn Inge Tonnessen 65,070,85498.46%1,018,5881.54% Upon the filing of the Articles of Amendment, the number of shares issuable upon exercise of issued and outstanding stock options will be adjusted to reflect New Common Shares and Series 2 Preferred Shares on the same terms as the exchange of original Common Shares under the reorganization. In addition, it is expected that the Company will establish a Series 2 Preferred Share Option Plan.
Questerre is an energy technology and innovation company. It is leveraging its expertise gained through early exposure to low permeability reservoirs to acquire significant high-quality resources. We believe we can successfully transition our energy portfolio. With new clean technologies and innovation to responsibly produce and use energy, we can sustain both human progress and our natural environment.
Questerre is a believer that the future success of the energy industry depends on a balance of economics, environment, and society. We are committed to being transparent and are respectful that the public must be part of making the important choices for our energy future.
Advisory Regarding Forward-Looking Statements This news release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”) within the meaning of applicable securities laws in Canada. Any statements about Questerre’s expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information is often, but not always, made through the use of words or phrases such as “anticipates”, “aims”, “strives”, “seeks”, “believes”, “can”, “could”, “may”, “predicts”, “potential”, “should”, “will”, “estimates”, “plans”, “mileposts”, “projects”, “continuing”, “ongoing”, “expects”, “intends” and similar words or phrases suggesting future outcomes. Forward-looking information in this news release includes but is not limited to the Distribution Record Date and Effective Date of filing of the Articles of Amendment and issuance of the Series 2 Preferred Shares, stock option adjustments and approval of a Series 2 Preferred Option Plan.
Although Questerre believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Questerre can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Current conditions, economic and otherwise, render assumptions, although reasonable when made, subject to greater uncertainty. Undue reliance should not be placed on forward-looking information as actual results may differ materially from those expressed or implied by forward-looking information.
Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including, without limitation: the following risk factors: additional funding requirements; exploration, development, and production risks; volatility in the oil and gas industry; prices, markets, and marketing of crude oil and natural gas; liquidity and the Company’s substantial capital requirements; prices, markets, and marketing of crude oil and natural gas; political uncertainty; non-government organizations; changing investor sentiment; global financial market volatility; adverse economic conditions; alternatives to and changing demand for petroleum products; environmental risks; regulatory risks; inability of management to execute its business plan; competition from other issuers; expiration of licenses and leases; Indigenous claims; possible failure to realize anticipated benefits of acquisitions; and reputational risks.
Additional information regarding some of these risks, expectations or assumptions and other risk factors may be found in the Company's Annual Information Form for the year ended December 31, 2024, and other documents available on the Company’s profile at www.sedarplus.ca. Readers are cautioned not to place undue reliance on these forward looking statements. The forward-looking statements contained in this news release are made as of the date hereof and Questerre undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws
2026-01-16 02:2411d ago
2026-01-15 20:1211d ago
Diamond Estates Wines & Spirits Announces Issuance of Deferred Share Units
Niagara-on-the-Lake, Ontario--(Newsfile Corp. - January 15, 2026) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") announced that it has issued deferred share units ("DSUs") to its directors as of today. Pursuant to the Company's deferred share unit plan, an aggregate of 187,501 DSUs at a deemed price per DSU of $0.17 have been issued by the Company to non-executive directors, with the exception of Vince Timpano and Guy Blanchette (who have renounced their compensation as nominees of Lassonde Industries Inc.), in settlement of $31,875.00 of deferred directors' compensation. The DSUs are to be settled in common shares of the Company when the director retires from all positions with the Company.
About Diamond Estates Wines and Spirits Inc.
Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates four production facilities, three in Ontario and one in British Columbia, that produce predominantly VQA wines under such well-known brand names as 20 Bees, Creekside, D'Ont Poke the Bear, EastDell, Lakeview Cellars, Mindful, Shiny Apple Cider, Fresh Wines, Red Tractor, Seasons, Serenity and Backyard Vineyards.
Through its commercial division, Trajectory Beverage Partners, the Company serves as the sales agent for a wide range of leading international beverage brands.
Wine Portfolio:
Trajectory represents renowned wine brands, including Fat Bastard and Gabriel Meffre from France; Kaiken from Argentina; Kings of Prohibition from Australia; Yealands, Kono, Tohu, and Joiy Sparkling Wine from New Zealand; Talamonti and Cielo from Italy; Porta 6, Julia Florista, Boas Quintas, Catedral, and Cabeca de Toiro from Portugal; as well as C.K Mondavi & Family, Charles Krug, Line 39, Harken, FitVine, and Rabble from California. Trajectory also represents a broad portfolio of wines sold exclusively to restaurants, bars and private consumers.
Spirits Portfolio:
The Company also represents distinguished spirit brands such as Cofradia Tequila and Hussong's Tequila from Mexico; Islay Mist and Waterproof blended Scotch whiskies from Scotland; Glen Breton Canadian whiskies from Nova Scotia; Five Farms Irish Cream Liqueur and Broker's Gin from the UK; Tequila Rose Strawberry Cream, 360 Vodka, and Holladay Bourbon from the USA; Giffard Liqueurs from France; and Becherovka from the Czech Republic.
Beer, Cider, and RTD Portfolio:
In the beer, cider, and ready-to-drink (RTD) categories, Trajectory represents Darling Mimosas from Ontario; Rodenbach beer from Belgium; La Trappe beer from the Netherlands; and Warsteiner beer from Germany.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280602
Source: Diamond Estates Wines & Spirits Inc.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-01-16 02:2411d ago
2026-01-15 20:1311d ago
The Best Warren Buffett Stocks to Buy With $1,000 Right Now
Warren Buffett is no longer the CEO of Berkshire Hathaway. However, new CEO Greg Abel is unlikely to sell all of Buffett's stocks, as the portfolio is filled with great businesses. Three you might want to consider today are longtime Buffett holdings: Chevron (CVX 0.69%) and Coca-Cola (KO 1.34%), as well as relative newcomer Pool Corp. (POOL +0.86%). Here's a look at each one.
Chevron is prepared to survive the energy cycle A $1,000 investment will buy you roughly six shares of Chevron and its 4.2% dividend yield. Notably, the average energy stock is yielding 3.3% and the S&P 500 index is yielding a tiny 1.1%. Chevron has an impressive dividend track record, with over three decades worth of annual dividend increases behind it despite the volatile nature of the energy sector.
Today's Change
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166.09
Chevron has proven it can survive industry swings while continuing to reward investors well for sticking with the company. Its integrated business model is a key factor, since it has exposure to the entire energy value chain. That helps to soften the impact of energy price volatility, since different segments of the industry perform in different ways through the cycle. Additionally, Chevron has a very strong balance sheet. This allows it to take on leverage during oil downturns to support its business and dividend until oil prices recover, as they always have historically.
The energy giant is almost always a good way to invest in the oil patch. However, the stock's relatively high dividend yield makes it particularly attractive at this time.
Image source: The Motley Fool.
Coca-Cola is doing well in a tough market One thousand dollars will let you buy around 14 shares of Coca-Cola, and its roughly 3% dividend yield. The average consumer staples stock yields around 2.8%. Coca-Cola is a Dividend King, with over six decades of annual dividend increases behind it. That speaks to the incredible strength of the company's business.
Coca-Cola is the world's fourth-largest consumer staples company. It can stand toe-to-toe with any competitor in terms of brand strength, distribution capabilities, innovation skills, and advertising prowess. However, the best reason to like the stock today is the company's solid 6% organic sales growth in the third quarter of 2025. That was actually up from 5% in the second quarter. What's so impressive about this is that the consumer staples sector is facing headwinds right now, leading many of the company's peers to struggle.
If you want to own an industry leader that is doing well despite operating in an out-of-favor sector, Coca-Cola could be worth a deep dive for more conservative dividend investors.
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-1.34
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-0.96
Current Price
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70.48
Pool Corp. has a hidden growth story An investment of $1,000 will let you buy around three shares of specialty retailer Pool Corp. The dividend yield is roughly 2%, which is actually toward the high end of the stock's historical yield range. This is a newer addition to Berkshire Hathaway's portfolio and is the most aggressive investment on this list. That said, it is one that likely included material input from the new CEO, Abel.
Pool Corp. sells pool supplies, with around two-thirds of the company's sales directly tied to pool maintenance. The rest of the income statement's top line is tied to pool renovations and new pool construction. Both tend to be highly cyclical, resulting in volatility on both the top and bottom lines. That fact obscures a very important fact about the business: Selling pool maintenance supplies is an annuity-like operation. That's because not maintaining a pool will turn it into a nasty swamp. In other words, every new pool that's built expands Pool Corp.'s customer base.
Today's Change
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2.27
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267.61
The current issue is that the coronavirus pandemic led to a pull-forward in pool construction. Investors bid the stock up to unrealistic heights during the health scare and then dumped it when the pandemic eased, and pool construction slowed down. However, the underlying growth story remains intact, with every pool built during the pandemic expanding Pool Corp.'s customer base. There may be a bit of a lull in pool construction right now, but if you think in decades and not days, Pool Corp. could be a solid growth stock trading at an attractive price. That's just the type of stock Buffett likes to buy.
Buffett's influence isn't over Chevron, Coca-Cola, and Pool Corp. are all holdovers from the Buffett years, which only just ended. Each one appears to be a solid long-term investment option right now. However, if you are wondering whether the stocks could be jettisoned by new CEO Greg Abel, making these ex-Buffett stocks, the risk is probably fairly low.
First off, the purchase of Pool Corp. likely involved the input of Abel. And, second, Buffett is technically still Abel's boss, since he's now the chairman of the board of directors. In other words, these Buffett stocks are likely to remain Buffett stocks for at least a while longer.
2026-01-16 02:2411d ago
2026-01-15 20:1411d ago
Oil Futures Edge Higher on Likely Technical Recovery
Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week's headlines still reflected larger global dynamics.
Case in point: Taiwan's $250 billion investment in chip production in the U.S. is not just a commercial move for the participating companies, but also part of a sweeping trade deal with Washington. It'll see the U.S. lowering tariffs on Taiwanese imports to 15% from 20%, and removing them altogether on other products, such as generic pharmaceuticals and aircraft components.
Taiwan Semiconductor Manufacturing Co. has already bought land and could expand in Arizona as part of this deal, Commerce Secretary Howard Lutnick told CNBC's Brian Sullivan in an interview Thursday.
The world's leading contract chipmaker also announced blowout earnings on Thursday, posting a 35% increase in fourth-quarter profit on the year, giving it eight consecutive quarters of year-over-year profit growth. TSMC also said it's raising its expected capital expenditure for 2026, indicating that demand for artificial intelligence remains high this year.
This wave of optimism helped power stock markets higher. Semiconductor and AI-related stocks such as Nvidia, Advanced Micro Devices and Applied Materials advanced in the U.S., while European producers of chip-making equipment, such as ASML and ASM International, also climbed.
Better-than-expected earnings from Goldman Sachs and Morgan Stanley also boosted performance in U.S. markets.
Oil prices slid after U.S. President Donald Trump said he could hold off on attacking Iran, easing a major source of near-term risk.
But tensions remain elsewhere. Several NATO nations announced they've deployed troops to Greenland as part of a joint exercise to bolster Arctic security. These movements follow strained transatlantic discussions over U.S. proposals to acquire the semi-autonomous Danish territory — a suggestion that has unsettled European partners and raised fundamental questions about the alliance.
— CNBC's Kif Leswing contributed to this report.
What you need to know todayAnd finally...Oil markets are being pulled in every direction. Here's how market watchers are navigating it
Energy markets have been rocked by volatility in recent days, as investors weigh a violent crackdown on civil unrest in oil-rich Iran — and the response from Washington.
However, Ed Bell, acting chief economist and group head of research at Emirates NBD, one of the UAE's biggest lenders, told CNBC's "Access Middle East" on Thursday that, though markets were watching the situation closely, little had actually changed.
— Chloe Taylor and Sam Meredith
2026-01-16 02:2411d ago
2026-01-15 20:3011d ago
Better Fintech Stock: SoFi Technologies vs. Upstart
Both of these businesses are finding tremendous success in different corners of the financial services industry.
SoFi Technologies (SOFI 0.90%) is a digital banking leader that's quickly growing in the financial services industry. And investors are taking notice. The share price has soared 416% in the past three years (as of Jan. 12).
Upstart (UPST +3.14%) is another innovative enterprise, leveraging its expertise in artificial intelligence (AI) to disrupt the way that borrowers access credit. Its shares have been extremely volatile. And today they trade 88% below their peak.
Between these two businesses, which one is the better fintech stock to buy now?
Image source: Getty Images.
SoFi has evolved into a very profitable banking player Growth has never been an issue for SoFi. Its adjusted net revenue between Q3 2022 and Q3 2025 (ended Sept. 30) was up a remarkable 126%. Customer additions have been through the roof as well. This is a clear indication of SoFi's success in the competitive banking industry. While financial services products are typically commoditized offerings, SoFi is winning thanks to its exceptional user experience.
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Top-line gains have translated to profit growth. After reporting adjusted net income of $227 million in 2024, the leadership team expects that figure to total $455 million in 2025. This is a massive improvement from the money-losing days; SoFi posted an adjusted net loss of $54 million in 2023. Operating a digital-only business model lends itself to scalability, which is what SoFi is showing right before our eyes.
The innovation pipeline also remains robust, positioning this company as a forward-thinking enterprise that is always figuring out new ways to serve its customers. SoFi recently partnered with Lightspark to enable cheap and fast cross-border transfers that leverage the Bitcoin Lightning network. And it introduced cryptocurrency trading on its platform as well. These could prove to be winning product launches for SoFi's affluent and younger target audience.
Upstart was ahead of the curve with its AI lending model Upstart was working on machine learning and AI capabilities before they were cool buzzwords in the corporate world. For over a decade, the business has developed its in-house AI lending model, which looks at thousands of unique variables about borrowers to better gauge their ability to repay a loan. This is a more thorough system than the traditional FICO Score that only considers five factors. Upstart shows that its model can approve more borrowers and keep default rates in check, which is a winning combination for its more than 100 lending partners.
Today's Change
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1.46
Current Price
$
47.91
The company has returned to growth, with transaction volume and revenue rising 128% and 71%, respectively, in Q3 2025. Personal loans have long been the key product for Upstart. However, auto loan originations and home equity lines of credit (HELOCs) surged 357% and 324%, respectively, year over year in the third quarter. The theoretical addressable market opportunity is sizable, given how much lending activity occurs in the U.S. each year.
Upstart is still in the early innings of its lifecycle, so profitability hasn't been a priority. But it's making progress here. Executives expect GAAP net income of $50 million for the full year of 2025. This would be a marked improvement from the $129 million net loss in 2024.
Risk tolerance will determine the ultimate decision The sell-side analyst community believes that Upstart is a more promising stock pick. The consensus one-year price target implies 24% upside. That's much higher than the 2% upside implied from SoFi's price target. Investors can take these with a grain of salt or view them as a key decision-making factor.
Upstart is surprisingly cheaper at a forward price-to-earnings (P/E) multiple of 20.5. But I believe it presents a riskier opportunity. The company hasn't proven that it can register consistent revenue and profit growth over an entire economic cycle. There is heightened uncertainty.
In my view, SoFi is the best investment opportunity, despite what analyst price targets reveal. Its valuation is more expensive, with the stock trading at a forward (P/E) ratio of 46.1. But its profits are soaring. And there's a much clearer path to ongoing success.
2026-01-16 02:2411d ago
2026-01-15 20:3011d ago
A $3.9 Million Buy Just Pushed This Closed-End Fund to 19% of an Advisor's Portfolio
The SRH Total Return Fund delivers a diversified mix of equities and bonds with a focus on value and income generation for investors.
On Thursday, JP Wealth Management disclosed a purchase of 219,432 additional shares of the SRH Total Return Fund (BIF +0.06%), with an estimated transaction value of $3.94 million based on average quarterly pricing, according to a Securities and Exchange Commission filing.
What happenedAccording to a Securities and Exchange Commission filing released Thursday, JP Wealth Management increased its position in the SRH Total Return Fund (BIF +0.06%) by 219,432 shares. The estimated value of these share purchases is $3.94 million, based on the average closing price for the quarter ending December 31. The total value of the position rose $4.55 million over the quarter, reflecting both trading activity and market price movements.
What else to knowThe SRH Total Return Fund stake now represents 19.34% of JP Wealth Management’s reportable U.S. equity assets.
Top five holdings after the filing:
NYSEMKT: DFAC: $32.04 million (22.6% of AUM)NASDAQ: QQQM: $29.10 million (20.6% of AUM)NYSE: STEW: $27.36 million (19.3% of AUM)NYSEMKT: PHYS: $14.19 million (10.0% of AUM)NASDAQ: QQQ: $11.67 million (8.2% of AUM)As of Wednesday, shares of the SRH Total Return Fund were priced at $18.26, up about 13% over the past year with a yield of about 4.38%. The S&P 500 has climbed about 17% in the same period.
Fund overviewMetricValuePrice (as of Wednesday)$18.26Net assets$1.76 billionFund snapshotSTEW offers a diversified portfolio of public equities and fixed income securities, with a focus on dividend-paying value stocks and corporate bonds.It operates as a closed-end fund, generating income primarily through investment returns, interest, and dividends from its holdings.The fund targets institutional and individual investors seeking total return through capital appreciation and income, benchmarking performance against the S&P 500 Composite Index.The SRH Total Return Fund is a closed-end investment fund managed by Boulder Investment Advisers with a strategy centered on value-oriented equity and fixed-income investments. The fund leverages both fundamental and quantitative analysis to identify defensible businesses with strong financials and operating histories.
What this transaction means for investorsPosition sizing tells you more than the headline trade, and this one is hard to miss. Pushing a single holding to roughly one-fifth of reportable assets signals conviction in both structure and strategy. The appeal here isn’t short-term performance. It’s the combination of steady income, value discipline, and a meaningful discount to intrinsic value.
The fund currently trades around $18.26 despite a net asset value north of $23, putting the discount near 21%. That gap matters. Closed-end funds rarely close discounts overnight, but when paired with a 4.38% distribution rate and improving fundamentals, patience can be rewarded. Notably, the fund raised its quarterly distribution by more than 21% late last year, reinforcing confidence in cash-flow durability.
STEW’s holdings lean heavily toward high-quality financials and defensible franchises, with Berkshire Hathaway alone accounting for over 30% of assets. That concentration won’t suit everyone, but it aligns with a long-term, low-turnover philosophy built around compounding rather than momentum.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-01-16 02:2411d ago
2026-01-15 20:3811d ago
Mayfair Gold Files Technical Report for Fenn-Gib Gold Project
, /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold" or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects for the Fenn-Gib Gold Project located in the Timmins Gold District in Northeastern Ontario. The report is titled "Fenn-Gib Project: NI 43-101 Technical Report and Pre-Feasibility Study" A copy of the technical report is available under the Company's profile on SEDAR+.
This technical report was prepared by Ausenco Engineering Canada ULC.
Semi-Retirement of VP Technical Services
As of January 14, 2026, Richard Klue having successfully contributed to the preparation and completion of the Fenn-Gib Pre-Feasibility Study he has decided to move toward semi-retirement and, rather than continuing in traditional full-time role, plans to remain active by assisting Mayfair Gold Corp. on an hourly basis, while also exploring non-executive board opportunities and other turnaround projects. Mayfair would like to thank Richard for his contributions and leadership in advancing the Fenn-Gib project to this stage as he moves into much deserved semi-retirement.
About Mayfair Gold
Mayfair Gold is a Canadian mineral exploration company focused on advancing the 100% controlled Fenn-Gib gold project in the Timmins region of Northern Ontario. The Fenn-Gib gold deposit is Mayfair's flagship asset and currently hosts an updated NI 43-101 open pit constrained mineral resource estimate with an effective date of September 3, 2024 with a total Indicated Resource of 181.3M tonnes containing 4.3M ounces at a grade of 0.74 g/t Au and an Inferred Resource of 8.92M tonnes containing 0.14M ounces at a grade of 0.49 g/t Au at a 0.30 g/t Au cut-off grade.
Cautionary Notes to U.S. Investors Concerning Resource Estimates
This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the U.S. Securities and Exchange Commission applicable to domestic United States issuers. Accordingly, the information concerning the Company's mineral properties contained in this news release is not comparable to the disclosure of United States issuers subject to the SEC's mining disclosure requirements, and the Company's disclosure of mineralization and other technical information may differ significantly from the information that would be disclosed had the Company prepared the information under the standards applicable to United States issuers.
Cautionary Note Regarding Forward Looking Information
This news release contains forward-looking information which reflects management's expectations regarding the Company's growth, results of operations, performance and business prospects and opportunities. Forward-looking information in this news release includes, but is not limited to, statements regarding the design, development and execution of the Project, the PFS demonstrating the strong economics and free cash flow potential associated with developing the Project as a targeted, high-grade operation that can be advanced through the Ontario permitting process, the belief that the permitting process can be advanced quickly, positioning the Project for timely development within the current gold cycle, the Project having exceptional value potential, with strong free cash flow and robust economics that further enhance its attractiveness to investors, finalizing engineering and design work, advancing environmental approvals in preparation for a construction decision within the Company's target goal of two to three years, advancing permitting activities, detailed engineering and stakeholder engagement with the goal of starting construction in 2028 with initial production in 2030, and all economics set out in the PFS.
Forward-looking information is based on various reasonable assumptions including, without limitation, the expectations and beliefs of management; the assumed long-term price of gold; that the Company can access financing, appropriate equipment and sufficient labour; and that the political environment where the Company operates will continue to support the development and operation of mining projects. Should underlying assumptions prove incorrect, or one or more of the risks and uncertainties described below materialize, actual results may vary materially from those described in forward-looking statements.
Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, risks and uncertainties relating to foreign currency fluctuations; risks inherent in mining including environmental hazards, industrial accidents, unusual or unexpected geological formations, ground control problems and flooding; delays or the inability to obtain necessary governmental permits or financing; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; the potential for and effects of labor disputes or other unanticipated difficulties with or shortages of labor; failure of plant, equipment or processes to operate as anticipated; actual ore mined varying from estimates of grade, tonnage, dilution and metallurgical and other characteristics; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, gold price fluctuations; uncertain political and economic environments; and changes in laws or policies.
The Company undertakes no obligation to publicly update or review the forward-looking information whether as a result of new information, future events or otherwise, other than as required under applicable securities laws. The forward-looking information reflect management's beliefs, opinions and projections as of the date of this news release.
Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE Mayfair Gold Corp.
2026-01-16 02:2411d ago
2026-01-15 20:5011d ago
Big Bank Earnings Recap: "Great Shape for 2026," Mind Small Warning Flags
, /PRNewswire/ -- AIxCrypto Inc. (NASDAQ: AIXC) ("AIxC"), a pioneer in Embodied AI (EAI) infrastructure, today announced that its flagship platform, AIxC Hub has surpassed 500,000 registered wallets and 200,000 daily active participants (DAU) within seven days of its launch.
The platform has processed millions of directional predictions on the Company's proprietary C10 Index. Beyond simple engagement, AIxC Hub serves as a massive behavioral data engine, capturing real-time human decision-making patterns to train the Company's Embodied AI models.
Zero-Capital Arena: A zero capital participation model that removes financial barriers, allowing for authentic analytical instincts
C10 Index Forecasting: Users perform high-frequency predictions on top digital assets, updated every 10 seconds
Merit-Based Recognition: A unified Points system rewards accuracy and community participation, creating a highly engaging skill-building environment
"Reaching 500,000 accounts in a week validates our strategy of using zero-capital environments to collect high-quality behavioral intelligence," said Jerry Wang, Co-CEO of AIxC. "These datasets are the foundational inputs our EAI systems need to optimize decision-making in real-world asset (RWA) contexts."
Global Community Network & Data Integrity
AIxC has built a robust global user network through multi-channel outreach. The Company maintains approximately 42,000 followers across social media platforms (AIxC Twitter 23,000 + Foundation Twitter 19,000), with core communities concentrated in Discord (27,000 members) and Telegram (17,000 members), totaling approximately 44,500 community members. This multi-tiered community architecture provides a solid foundation for the platform's rapid growth.
To ensure the integrity of this training data, AIxC utilizes advanced AI-driven quality assurance to filter automated bot activity, ensuring the dataset reflects genuine human cognition. With users distributed across multiple countries and regions, the platform is building a globally diverse behavioral library essential for training adaptable AI systems.
Deep Community Engagement Initiatives
The Company will host its first Twitter Space next week, themed "Futurist Dialogue: Where Are the Opportunities for Ordinary People in the AI Era?" The event will feature industry guests discussing the convergence of AI and Crypto, alongside the launch of the Company's first community AMA to address questions about the product roadmap.
Concurrently, the platform will launch an interactive AI Agent that uses gamified dialogue to help users understand their decision-making styles. After users provide basic information such as birth details and professional background, the AI generates personalized behavioral analysis.
To explore AIxC Hub, visit:
https://hub.aixcrypto.ai
To explore AIxC S1 Arena gameplay and season rules, visit:
https://aixc.gitbook.io/aixc-hub-docs-en/
About AIxCrypto:
AIxCrypto is a U.S.-Nasdaq listed company dedicated to building a world-leading ecosystem that integrates AI and blockchain while bridging Web2 and Web3. Its core products include the BesTrade DeAI Agent and the AIxC ecosystem products.
FORWARD LOOKING STATEMENTS:
This press release contains "forward-looking statements", including statements regarding AIxCrypto Holdings, Inc. ("AIxCrypto") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All of the statements in this press release, including financial projections, whether written or oral, that refer to expected or anticipated future actions and results of AIxCrypto are forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements reflect our current projections and expectations about future events as of the date of this presentation. AIxCrypto cannot give any assurance that such forward-looking statements and financial projections will prove to be correct.
The information provided in this press release does not identify or include any risk or exposures of AIxCrypto that would materially and adversely affect the performance or risk of the company. By their nature, forward-looking statements and financial projections involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur, which may cause the Company's actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements and financial projections. Important factors that could cause actual results to differ materially from expectations include, but are not limited to: business, economic and capital market conditions; the heavily regulated industry in which AIxCrypto carries on business; current or future laws or regulations and new interpretations of existing laws or regulations; the inherent volatility and regulatory uncertainty associated with cryptocurrency investments; legal and regulatory requirements; market conditions and the demand and pricing for our products; the availability of reaching an agreement for the purchase of FFAI common shares; our relationships with our customers and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers' needs; our ability to attract, retain and motivate qualified personnel; competition in our industry; failure of counterparties to perform their contractual obligations; systems, networks, telecommunications or service disruptions or failures or cyber-attack; ability to obtain additional financing on reasonable terms or at all; litigation costs and outcomes; our ability to successfully maintain and enforce our intellectual property rights and defend third party claims of infringement of their intellectual property rights; and our ability to manage our growth. Readers are cautioned that this list of factors should not be construed as exhaustive.
All information contained in this press release is provided as of the date of the press release issuance and is subject to change without notice. Neither AIxCrypto, nor any other person undertakes any obligation to update or revise publicly any of the forward-looking statements and financial projections set out herein, whether as a result of new information, future events or otherwise, except as required by law. This is presented as a source of information and not an investment recommendation. This press release does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. AIxCrypto reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof.
Readers are advised not to place undue reliance on forward-looking statements, as there is no guarantee that the plans, intentions, or expectations they are based on will be realized. While management believes these statements are reasonable at the time of preparation, actual results may differ materially. These forward-looking statements reflect the Company's expectations as of the date of this presentation and are subject to change without notice. The Company is not obligated to update or revise these statements, unless required by law.
Forward-looking statements are often identified by words such as "may," "could," "would," "might," or "will," indicating possible future actions, events, or outcomes. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ significantly from what is expected.
Actual results may differ materially due to factors such as the ability to secure financing, complete transactions, meet exchange requirements, consumer demand, competition, and unexpected costs. These forward-looking statements are based on assumptions that may prove incorrect, and the Company does not assume any obligation to update them except as required by law. Given the uncertainties involved, readers should not place undue reliance on these statements.
You are cautioned not to place undue reliance on these forward-looking statements, which are made only as of the date of this news release. The Company disclaims any intent or obligation to update these forward-looking statements beyond the date of this news release, except as required by law. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon” or the “Company”), is Canada’s leading premium licensed producer focused on cultivating and selling organic certified, premium and super-premium cannabis products, announces that it has granted 1,002,773 restricted share units (“RSUs”) and 1,002,773 performance share units (“PSUs”).
RSU Grant
The Company has awarded a total of 1,002,773 RSUs under its Omnibus Equity Incentive Plan to selected executives and employees. The RSUs will vest over a period ranging from one to three years from the grant date. Upon vesting, each RSU grants the holder the right to receive one common share of the Company, or, at the discretion of the Company’s Board of Directors, may be settled in cash.
PSU Grant
The Company has granted a total of 1,002,773 PSUs under its Omnibus Equity Incentive Plan to certain executives and employees. These PSUs will vest after three years, contingent on the achievement of specific performance targets. If the performance conditions are met, each vested PSU entitles the holder to receive one common share of the Company, or, at the discretion of the Company’s Board of Directors, may be settled in cash.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics is the Canadian leader in certified organic and premium cannabis. With a vertically integrated model and strong national distribution, the company is scaling a house of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™.
The Company’s production base is anchored by its Pacifica facility (Delta, BC) and is now complemented by the acquisition and licensing of its Cascadia facility (Hope, BC), which will expand production capacity by over 40% and support future growth in both domestic and export markets. With proprietary genetics, award-winning products, and certifications enabling international distribution, Rubicon is positioned at the forefront of the premium cannabis segment.
As the Canadian market continues to rationalize and global demand for high-quality cannabis increases, Rubicon Organics’ disciplined execution, brand equity, and consumer loyalty set it apart. The Company’s focus on premium quality, innovation, and operational execution has driven consistent revenue growth and positive Adjusted EBITDA.
Rubicon Organics represents a rare combination of category leadership, operational strength, and long-term growth potential.
CONTACT INFORMATION
Margaret Brodie
CEO
Phone: +1 (437) 929-1964
Email: [email protected]
The TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward Looking Information
This press release contains “forward-looking information” within the meaning of applicable securities laws, including, but not limited to, statements regarding the Company’s future business strategy, objectives, growth plans, operational performance, production capacity, market expansion, and the vesting conditions, timing, and settlement of the RSUs and PSUs granted by the Company. Forward-looking information is based on management’s current expectations and assumptions, which are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.
Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general economic conditions, changes in regulatory requirements, operational risks, market demand, competition, and other risk factors set forth in the Company’s public filings available on SEDAR+ at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on such forward-looking information. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.
All forward-looking information in this press release is made as of the date hereof and is based on the beliefs, estimates, and opinions of management as of the date such statements are made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law.
2026-01-16 02:2411d ago
2026-01-15 21:1111d ago
Coinbase CEO: Big banks are trying to 'kill the competition' through crypto regulation
Coinbase CEO Brian Armstrong revealed why the cryptocurrency giant chose to withdraw support for a key Senate crypto bill during an interview on "Mornings with Maria."
"It just felt deeply unfair to me that one industry [banks] would come in and get to do regulatory capture to ban their competition," Armstrong told FOX Business. "They should have to compete on the level playing field, and I genuinely believe that."
Armstrong told FOX Business anchor Maria Bartiromo "much of the industry" shares Coinbase’s concerns with the legislation, saying he felt an obligation to stand up for customers, whom he says are getting a worse deal from banks through the bill’s provisions.
SENATE BANKING COMMITTEE POSTPONES VOTE ON CRYPTO MARKET STRUCTURE LEGISLATION AMID INDUSTRY PUSHBACK
"I declined to opine on the exact — whether the hearing, the markup should happen or not… But I did feel like I had to speak up on behalf of our customers and all Americans here."
Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. (Bryan van der Beek/Bloomberg via Getty Images / Getty Images)
As the head of a cryptocurrency giant, Armstrong’s decision to pull Coinbase’s backing from the bill sent ripples through Capitol Hill.
At the center of the dispute is a disagreement between banks and crypto firms over whether stablecoin holders should receive reward payments.
The U.S. Capitol at dawn during a vote-a-rama on July 1, 2025 in Washington, D.C. (Al Drago/Getty Images / Getty Images)
Despite the strife, Armstrong noted that some banks have taken a good approach to digital assets.
SEN RICHARD BLUMENTHAL: CRYPTO IS A GAMBLE OUR FINANCIAL SYSTEM DOESN'T NEED
"Many of these banks are actually very smart," he explained. "The commercial side of the bank is leaning into crypto. They're actually doing deals with Coinbase. We're powering a lot of crypto and stablecoin infrastructure for them on the commercial side."
The CEO accused the banks’ lobbying operations of trying to restrict competitors but expressed optimism that lawmakers could still resolve the bill’s outstanding issues.
Coinbase logo is seen at the Imax building in London, Great Britain, on July 10, 2025. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)
CLICK HERE TO GET FOX BUSINESS ON THE GO
"And then their lobbying arm comes to D.C. and thinks of it as very zero-sum and is trying to kill the competition," Armstrong said. "So I suspect, like many things, if we get the principles in the room, we can actually get this figured out and make a good deal."
Tune in to watch Maria Bartiromo's full interview with Armstrong when it airs Friday on "Mornings with Maria" at 8:30 a.m. ET on FOX Business.
2026-01-16 02:2411d ago
2026-01-15 21:1511d ago
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million
The U.S. is securing about 30% higher prices for Venezuelan crude, Energy Secretary Chris Wright said Thursday, as the country has started selling oil from the Latin American nation after capturing its former President Nicolas Maduro.
Washington has completed its first sale of Venezuelan oil valued at about $500 million, according to a U.S. Department of Energy spokesperson, with more expected in the coming days and weeks.
"We're getting about a 30% higher realized price when we sell the same barrel of oil than they sold the same barrel of oil three weeks ago," Wright said at a U.S. Energy Association event, without specifying prices.
U.S. special forces captured Maduro earlier this month during an operation that Washington said was aimed at restoring political stability.
President Donald Trump said last week that Venezuela would hand over between 30 million and 50 million barrels of oil currently under U.S. sanctions, which would be sold at prevailing market prices. In a social media post, he noted that the proceeds would be controlled by him to ensure the funds benefit both Venezuela and the U.S.
That would just be the first tranche of oil, as the Department of Energy has said the oil sales from Venezuela will continue "indefinitely."
Venezuela holds the world's largest proven crude reserves at about 303 billion barrels, but years of underinvestment have left its oil industry in severe decline, with output now around 800,000 barrels per day from a peak of 3.5 million bpd in the 1990s.
Trump also announced last Friday that oil companies would invest at least $100 billion to rebuild Venezuela's energy sector, adding that the U.S. would provide security to ensure investors earn strong returns.
He met oil industry leaders from Exxon, Chevron, ConocoPhillips, Halliburton, Valero and Maratho at the White House to discuss investments in Venezuela. Exxon CEO Darren Woods told Trump that the Venezuelan market is "uninvestable" in its current state.
Venezuela seized Exxon's and Conoco's assets in 2007, and Caracas owes the companies billions of dollars in outstanding claims from arbitration cases.
The developments come as global oil markets face a supply overhang that has weighed on prices in the past year.
Brent futures inched 0.14% higher to $63.85 a barrel as of 8:33 p.m. ET, while the U.S. West Texas Intermediate crude rose 0.2% to $59.31. This follows a sharp fall on Thursday as traders appear to brush off tensions between U.S. and Iran.
"Venezuela's oil problem is not technical, and it is not commercial, it's fundamentally human and political," said Baron Lamarre, former head of trading at Petronas and co-founder of Index.
"Until investors have confidence in long-term political continuity, capital will remain cautious, incremental, and conditional," he said.
2026-01-16 01:2411d ago
2026-01-15 18:3011d ago
Bitcoin Treasury Survey Shows Investors Expect Major Balance Sheet Growth in 2026
Bitcoin treasury investors and observers are heading into 2026 with confidence, expecting public companies to hold significantly more bitcoin, expand digital credit offerings, and weather external pressures with balance sheets largely intact. Corporate Bitcoin Treasuries Poised for Expansion in 2026, Survey Finds That optimism comes through clearly in the first-ever audience survey conducted by bitcointreasuries.
2026-01-16 01:2411d ago
2026-01-15 18:3911d ago
Trump Coin Price Prediction: Token Unlock Set for Jan 18 – What Happens When 50M TRUMP Floods the Market?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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Simon Chandler
Author
Simon Chandler
Part of the Team Since
Jan 2018
About Author
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...
Has Also Written
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
3 minutes ago
The Trump Coin price has declined by 2.5% in the past 24 hours, slipping to $5.51 as the crypto market as a whole rises by 1.5%.
Despite today’s loss, TRUMP is now up by 3% in a week and by 16% in the last 14 days, although it is still down by 92% since reaching an all-time high of $73 in January 2025.
And its moves today come as we approach an unlock of 50 million TRUMP on January 18, accounting for 11.95% of the meme coin’s current circulating supply.
But while this could result in short-term losses, its association with a sitting President who isn’t averse to self-promotion means that the Trump Coin price prediction still remains very positive over the medium-term.
Trump Coin Price Prediction: Token Unlock Set for Jan 18 – What Happens When 50M TRUMP Floods the Market?At a nominal value of $274 million, 50 million TRUMP will become available for transfer (and sale) on Sunday, with this amount going to its “creators” and to the Trump-associated CIC Digital.
Source: TokemomistThe Trump family isn’t averse to selling TRUMP tokens, with data suggesting that it has made around $1.2 billion via crypto as of October of last year.
As such, this incoming stash of coins could find its way to the market fairly quickly, exerting some downward pressure on on the Trump Coin price.
If we look at its chart today, we see that it remains in a strong position as far as its indicators go.
Its relative strength index (yellow) remains above 50, having bouncing from just under 30 at the end of December.
Source: TradingViewSimilarly, TRUMP’s MACD (orange, blue) has only just turned positive, after several months of being in a heavily oversold position.
The coin is therefore very close to breaking out, with its descending pennant also suggesting that a big move could be imminent.
While the upcoming unlock may indicate that we could see a short-term dip, it’s arguable that TRUMP is moving into an increasingly strong fundamental position.
That’s because the Trump family’s crypto empire continues to expand, with an affiliate of World Liberty Financial signing a deal this week with Pakistan to trial stablecoin-based cross-border payments.
So while the Trump Coin price has declined substantially since launch, the Trump empire’s heavy involvement in the industry could give it the underpinning to send it rallying once again.
It could reach $10 in the next few weeks, before topping $20 by Q2.
SUBBD Lets Anyone Earn Money From AI CharactersFor any trader who might remain uncertain about TRUMP, there are alternative altcoins to consider for investment and diversification, including several promising presale tokens.
One of these is SUBBD ($SUBBD), an Ethereum-based utility token that opened its sale a couple of months ago.
It has so far raised in excess of $1.4 million, while it’s already begin to build a sizeable online community, with over 38,000 followers on X.
These are hugely encouraging figures, and they suggest that SUBBD could do very well once it goes live in the next few weeks.
What’s interesting about the project is that it’s launching an adult content creation platform, one which will harness AI and crypto to provide numerous advantages for creators.
Not only will its crypto element make payouts transparency and instant, but it will offer AI tools that will help users with the production of content.
From generating ideas and posts to even generating AI agents and videos, SUBBD’s tools can take care of pretty much everything a user may want to do with the platform.
This could give it a real competitive edge over incumbent platforms, which helps to explain why it’s already doing so well.
Investors can join its sale by visiting its official website and connecting a compatible wallet, such as Best Wallet.
SUBBD is currently available at $0.05745, although this will rise again tomorrow.
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ahmed Balaha
Author
Ahmed Balaha
Part of the Team Since
Aug 2025
About Author
Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Crypto Price Prediction Today 14 January – XRP, PEPE, Maxi Doge Crypto Price Prediction Today 13 January – XRP, Dogecoin, Maxi Doge Crypto Price Prediction Today 12 January – XRP, Solana, Maxi Doge Crypto Price Prediction Today 9 January – XRP, Ethereum, Maxi Doge Crypto Price Prediction Today 8 January – XRP, Bitcoin, Maxi Doge Ad Disclosure
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
3 minutes ago
It is the middle of January, and the crypto market is looking better than it did last month. Bitcoin has reclaimed $95,000, and price predictions for altcoins like XRP, PEPE, and Maxi Doge are turning higher.
These altcoins remain some of the strongest in the market and offer solid upside potential going forward.
Fundamentally, XRP is as strong as it gets. Meanwhile, memecoins like PEPE and Maxi Doge are expected to lead the sector throughout 2026. The crypto fear and greed index is leaning toward greed for the first time in months.
Below is how crypto price predictions are expected to play out for these three going forward.
XRP Price Prediction: Clarity Act Could Be the Catalyst To $2.20 BreakoutRipple (XRP) did not have the best finish to last year price-wise, but under the hood, the ecosystem kept moving forward.
Ripple’s stablecoin, RLUSD, alone grew to over a $1.3B market cap in 2025 and has seen strong regulatory wins. Going into 2026, the new draft of the Clarity Act in the United States could be a game changer for XRP. It would possible give XRP “non-ancillary” status, meaning it will get the same treatment as BTC and ETH.
Source: XRPUSD / TradingViewXRP price is currently trading around the first support at $2.10 as the market corrects. A break below this level would likely lead to a retest of the $2.00 support.
The second scenario is XRP breaking above $2.20, which could trigger a rally toward the recent high at $2.40, the toughest resistance level over the past few months.
The RSI is around 49, leaving room for either scenario to play out. It all depends on how the broader market behaves next. As long as $2.00 holds, the bullish scenario remains possible going forward.
Dogecoin Price Prediction: $0.14 Reclaimed, Eyes on a $0.20 BreakoutDoge price is up 10% since the start of January. The chart reclaimed the 0.14 level and has been holding above it, which is bullish.
Source: DOGEUSD / TradingViewHeavy selling pressure emerged after a failed rally attempt, with late-session stabilization showing exhaustion rather than a clear reversal.
After breaking out of the trading range, DOGE is holding above the $0.14 support level. If demand continues to absorb selling pressure here, a recovery move toward the recent high could start to form.
The next resistance target sits at $0.16. A breakout above that level could open the door for a rally toward the $0.20 area. If that happens, as the leader of memecoins, DOGE would likely have a positive effect on the broader memecoin market.
Bitcoin Hyper ($HYPER): The High-Beta Bitcoin Play Traders Are Rotating IntoWhile large caps like Bitcoin, XRP, and Dogecoin grind through key levels, a lot of traders are starting to look for higher-beta exposure tied directly to Bitcoin momentum. That is where Bitcoin Hyper comes in.
Bitcoin Hyper is positioning itself as a leveraged narrative play on Bitcoin strength. Instead of competing with BTC, it amplifies it, giving traders a way to express bullish conviction when Bitcoin sentiment flips risk-on.
With Bitcoin reclaiming $95,000 and market greed starting to creep back in, assets like HYPER tend to attract attention fast.
That’s why the project has already raised $30.50 million in record time, with early investors jumping in before momentum hits full speed.
Bitcoin Hyper has also been gaining traction as capital rotates out of stretched large caps and into newer narratives. That rotation phase is often when outsized percentage moves happen, especially if Bitcoin continues to hold key levels and push higher.
If BTC keeps setting the tone for the market going into 2026, Bitcoin Hyper could be one of the more aggressive ways traders try to ride that momentum.
Visit the Official Bitcoin Hyper Website Here
2026-01-16 01:2411d ago
2026-01-15 18:4011d ago
Litecoin Lags Its 2025 Peak as Whale Accumulation Signals Quiet Confidence
Whale activity has consistently outperformed retail activity since late 2024. Large holder transaction volume has hit its highest point in the last five weeks. Rising open interest in derivatives suggests traders are increasing their exposure to the asset. So far, 2026 has not been profitable for Litecoin investors; however, technical indicators suggest profound shifts are underway. Data from Coinglass reveals that the “Whale vs. Retail Delta” metric remains in the green, evidencing dominant control by large-scale capital.
This landscape displays the first Litecoin recovery signs, grounded in a silent accumulation phase while the price moves sideways below critical levels.
Since late 2024, there has been a clear divergence between the lack of interest from small investors and the confidence whales have shown in the network. Platforms like Santiment report that institutional transactions reached five-week highs, reinforcing the thesis of a trend reversal.
Although the asset is trading 46% below its 2025 peak, these recovery signs indicate that the current support level is being defended with high volume by “strong hands.”
Derivatives Markets and Institutional Liquidity Impact Unusual activity in the derivatives market completes the scenario, with open interest rebounding in recent days. While high leverage carries liquidation risks, it is also a precursor to Litecoin’s recovery signs by attracting new liquidity.
This capital inflow suggests that both institutional investors and professional traders are positioning themselves for a potential breakout of the multi-year price range.
In summary, the path toward sustained appreciation does not seem simple or free of volatility due to residual selling pressure from last year. However, the combination of on-chain metrics and renewed momentum in secondary markets strengthens these recovery signs for the asset.
2026-01-16 01:2411d ago
2026-01-15 18:4511d ago
BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'
BitMine Chair Tom Lee told investors that the company could generate over $400 million income on its $13 billion worth of ether holdings, primarily via staking.
2026-01-16 01:2411d ago
2026-01-15 18:4611d ago
Cake Wallet Adds Support for Zcash with Privacy Focus
Cake Wallet added full Zcash support on January 15. The integration sets shielded addresses as the default for privacy. The update aims to provide top-tier privacy for the Zcash community. The multi-chain wallet Cake Wallet added full support for Zcash on January 15. The integration includes shielded addresses by default and a rotation system for transparent addresses. Furthermore, the wallet enables cross-chain swaps through the NEAR Intents protocol.
Cake Wallet originally launched in January 2018 as the first open-source wallet for Monero on iOS. Its founder, Vikrant Sharma, created it with the goal of making financial privacy and self-custody accessible to everyone. Over the years, the wallet expanded its support to other assets, including Bitcoin with silent payments and Litecoin with MWEB.
1/ ✨ Zcash has officially joined the Cake family. 🍰
Here’s what’s new 👇
🛡️ Zcash support — autoshielding, rotating t-addresses, background sync, passphrase wallets, and more
🔄 NEAR Intents DEX — swap cross-chain privately, cheaply, quickly
Let’s take a closer look 🧵 pic.twitter.com/eTsA79rnEb
— Cake Wallet (@cakewallet) January 15, 2026
Features Designed for User Privacy The Zcash integration sets shielded addresses as the default configuration. This type of address hides the amount and addresses involved in a transaction on the blockchain. Users can opt to use transparent addresses if they prefer.
For those cases, the wallet implemented a transparent address rotation function. The system generates a new transparent Zcash address each time a user requests one. This mechanism strengthens privacy even when using the less private address type.
Other functions include background blockchain synchronization and passphrase wallets. The first improves the user experience and the second adds an additional security layer. In-app swaps are powered by the NEAR Intents framework, which leverages cross-chain infrastructure.
Seth for Privacy, Vice President of Cake Wallet, commented on the launch. He noted that Zcash transactions “can be private and straightforward” if done correctly. He explained that Monero remains the center of their operation, but they recognize a different community around Zcash.
He added that many Zcash users do not wish to use Monero for various reasons. As part of their commitment to individual freedom, the team identified a gap in offering the best possible privacy for those users. The goal is for them to have top-tier privacy and easily move funds to other cryptocurrencies.
According to CoinMarketCap data, ZEC trades around $418 and ranks 17th by market capitalization. Monero (XMR) trades near $716, with a 50% rise in the past week, placing it 11th. The Cake Wallet update is now available for mobile and desktop users.