Ford announced an AI assistant for its cars. Tim Levin/Insider 2026-01-08T05:04:01.217Z
Ford announced it's making a new AI assistant for its cars. It will help drivers answer specific questions, such as how much firewood can fit into their trucks. The assistant will be available via mobile app in 2026 and will be integrated into vehicles in 2027. Ford will be launching an AI assistant to help its drivers with everyday problems.
Ford announced on Wednesday that it would introduce the first chapter of its new AI assistant to customers through the Ford mobile app in the first half of the year.
The assistant is billed as a "deep, personalized intelligence that knows your specific vehicle, understands your unique needs, and anticipates your desires on every journey," per Ford's press release.
Sammy Omari, the head of Ford's Advanced Driver Assist Systems (ADAS), told Business Insider that the fastest way to get the AI agent in the hands of its customer base is through the Ford and Lincoln mobile apps, which many of its customers already use.
Omari said the next step would come in 2027.
"And then in '27, we are actually going to launch that in vehicle and then scale that across our vehicles," he said.
Omari said that Ford would not be developing its own LLM for the AI assistant.
We're not going to be directly competing with a Google or an OpenAI or a Meta," he said. "But what we do do is we take an LLM that's available and then basically make it our own by giving it access to all the relevant information about the person's vehicle."
Rivian, a California-headquartered EV manufacturer, announced a similar AI assistant for its cars in December.
The company said it would launch a "next-generation voice interface" in early 2026 on its Gen 1 and Gen 2 R1 vehicles.
A demonstration of the AI assistant, seen by Business Insider, showed that it could understand commands said in natural language, such as "Can you make it a little bit colder for everyone in the cabin?"
Ford's announcement was released amid a raft of hot auto industry news coming out of the Consumer Electronics Show (CES) 2026, an annual tech trade show happening in Las Vegas.
Amazon-backed robotaxi company Zoox gave live demonstrations during the conference. Uber unveiled the design of its first robotaxi, made in collaboration with Lucid and autonomous driving startup Nuro.
Nvidia's CEO Jensen Huang also announced Alpamayo, a new open AI model for autonomous vehicles.
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2026-01-08 06:522mo ago
2026-01-08 00:052mo ago
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
A coil of copper rod sits on the production line for copper flat wire at the Wellascent factory in Ganzhou, Jiangxi province, China August 14, 2025. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesAnnual copper demand to hit 42 metric tons by 2040Global supplies expected to fall short by 10 metric tonsAI, defense, robotics seen as increasingly large users'Net zero' policies no longer main demand boostJan 8 (Reuters) - Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more recycling and mining, the consultancy S&P Global (SPGI.N), opens new tab said on Thursday.
Copper has long-been used widely across the construction, transportation, tech and electronics industries as it is one of the best electricity-conducting metals, is corrosion-resistant and is easy to shape and form.
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While the electric vehicle industry has lifted copper demand the past decade, the AI, defense and robotics industries will require even more of the metal during the next 14 years alongside traditional consumer appetite for air conditioners and other copper-hungry appliances, S&P said in its report, opens new tab.
Demand globally will reach 42 million metric tons per year by that 2040 mark, up from 28 million metric tons in 2025, the report found. Without new sources of supply, nearly a quarter of that demand is likely to be unmet, the report found.
"The underlying demand factor here is electrification of the world, and copper is the metal of electrification," Dan Yergin, S&P's vice chairman and one of the report's authors, told Reuters.
AI is a major growth area for copper, with more than 100 new data center projects last year valued at just under $61 billion, Reuters reported last month.
The conflict in Ukraine and moves by Japan, Germany and others to increase defense spending are likely to also fuel copper demand, the report found.
"Demand for copper really is inelastic in the defense sector," said Carlos Pascual, an S&P vice president and former U.S. ambassador to Ukraine.
Nearly every electronic device contains copper. Chile and Peru are the largest copper miners, and China is the largest copper smelter. The United States, which has imposed a tariff on some types of copper, imports half of its needs each year.
The report does not factor in potential supply from deep-sea mining.
S&P published a similar report in 2022 that forecasted copper demand should the world reach carbon neutrality by 2050, a goal described as "net zero."
The report released on Thursday uses a different methodology, S&P said, and forecasts demand using a base-case assumption that copper demand will rise regardless of government climate policy.
"The politics of the energy transition have changed pretty dramatically," Yergin said.
Reporting by Ernest Scheyder; Editing by Cynthia Osterman
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Ernest Scheyder is a senior correspondent covering critical minerals and the global energy transition, as well as the author of "The War Below: Lithium, Copper, and the Global Battle to Power our Lives," which was longlisted for the 2024 National Book Award and was named the American Energy Society’s Energy Book of the Year. He previously wrote about the U.S. shale revolution – drawing on a two-year stint based in oil-rich North Dakota – as well as politics and the environment. A native of Maine, Scheyder is a graduate of the University of Maine – where he was named a distinguished alumnus in 2021 – and Columbia Journalism School.
2026-01-08 06:522mo ago
2026-01-08 00:092mo ago
Faraday Future Intelligent Electric Inc. (FFAI) Shareholder/Analyst Call Prepared Remarks Transcript
Faraday Future Intelligent Electric Inc. (FFAI) Shareholder/Analyst Call January 7, 2026 7:01 PM EST
Company Participants
John Schilling
Matthias Aydt - Global Co-CEO & Director
Xiao Ma - Global CEO of Faraday X & Head of Government Affairs
Jerry Wang - Global President
Koti Meka - Chief Financial Officer
Yueting Jia - Founder, Global Co-CEO & Partner
Presentation
John Schilling
Hello. Welcome, everybody. I want to welcome you to our Stockholder's Day here in Las Vegas. I'm so glad you could all join us today to hear about some truly groundbreaking updates from Faraday Future. I'm John Schilling, Director of Communications and Government Affairs here at Faraday Future.
Before we begin, please take a moment to note the forward-looking statement shown on the screen. For more information on factors that may influence our business and financial results, we invite you to visit the Investor Relations section on ff.com or review our filings with the SEC. The slides being shown today are also available on the Investor Relations section of our website.
We have a number of exciting topics to announce today, including for the first time in 2026, we will systematically and comprehensively share the information many of you care about most including updates on the complete FX Super One road map covering production, sales, delivery, service and capacity ramp-up details. We'll announce the upgrade to the bridge strategy to the EAI industry bridge, an exclusive preview of new product categories and an update on the execution road map of the company's 5-year business plan. We will also have time at the end of the presentation for you to ask questions and also have an opportunity to engage directly with company leadership.
Today, I'm joined by a number of our FF and FX leadership teams, including Matthias Aydt, our Global Co-CEO of Faraday Future; Max Ma, our Global CEO
After more than doubling in 2024, Axon Enterprise (AXON 0.88%) stock lost 4% in 2025. But it continues to perform well, and the company has robust long-term opportunities.
Let's see what to expect in 2026 and whether or not this is an opportunity to buy on the dip.
Image source: Getty Images.
What's happening at Axon right now Axon makes products that use technology to drive public safety. It has a line of innovative devices as well as a growing cloud-based platform that connects hardware and software. It's best known for the Taser, which police forces use to subdue suspects. It has sold more than 1 million Tasers, and its goal is to cut police-related deaths by 50% by 2033. It continues to roll out new products that enhance public safety and improve user workflows, and it has carved out a niche in this white space where there's plenty of opportunity for more.
The company is still growing quickly, and sales increased 31% year over year in the third quarter. Profitability has been less consistent, and Axon reported a small operating loss in the quarter, along with a $2 million net loss. That's mostly coming from expenses related to investing in its continued growth. Aside from the third quarter, it has reported positive net income for years.
One of the features that makes Axon so compelling is its long-term contracts and recurring revenue. Axon is a lot more than Tasers, and when clients buy into its ecosystem, they're making a long-term investment in critical infrastructure. That's a high barrier to entry for any competition. Annual recurring revenue increased 41% over last year in the third quarter to $1.3 billion, and the company ended the quarter with $11.4 billion in future contracted bookings.
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Should you buy Axon stock? Axon stock trades at a forward one-year P/E ratio of 61 and a price-to-free-cash-flow ratio of 329. That's quite pricey, even for a high-growth stock with strong long-term opportunities. That's certainly part of why the stock performed poorly last year; that's a premium valuation to carry. However, the company can justify a premium valuation because of its excellent performance and long-term opportunities.
Even at the lower price Axon doesn't look like a bargain. If you have a long-term horizon, you can buy and hold at this price, but you might want to use a dollar-cost-averaging strategy to benefit from better entry points at different times.
Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool has a disclosure policy.
2026-01-08 06:522mo ago
2026-01-08 00:242mo ago
This $20 Stock Could Be Your Ticket to Millionaire Status
Artificial intelligence (AI) is emerging as a once-in-a-civilization technology. Indeed, if progress keeps compounding, the last 50 years of internet innovation may seem as quaint as black-and-white films do today.
Note the conditional "if" above. AI has made mind-boggling leaps in the last half-decade, but several obstacles remain. One of the most pressing is power. Data centers, as the backbone of AI compute, consume enormous amounts of electricity, and current power generation simply wasn't engineered to meet their demands.
What's needed is a new source of energy, one that can provide continuous power without needing the sun or wind. And that, in a nutshell, is the mega-idea NuScale Power (SMR 0.51%) is trying to sell.
Image source: Getty Images.
A small reactor with big applications NuScale Power is an advanced nuclear company aiming to build small modular reactor (SMR) power plants for governments, utilities, and data centers.
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Unlike large conventional nuclear plants, which are big and can take a decade or longer to build, SMR plants are designed to be smaller and factory-built, which can theoretically lower upfront costs and assembly time. A single NuScale plant can be configured to fit four, six, or 12 modules, which makes it easier for customers to match power generation capacity to actual needs.
Although NuScale isn't a sole player in the nascent SMR market, it is currently the only one with a reactor design approved by the U.S. Nuclear Regulatory Commission (NRC). That gives it a first-mover advantage in a regulatory process known for taking its time.
NuScale stock is up about 37% in the brand-new year, helped by the Trump administration's recent award of $2.7 billion to three uranium enrichment companies. NuScale wasn't one of the recipients, but the announcement boosted sentiment across the nuclear sector.
NuScale stock trades at about 50 times sales, so it's not cheap. It also hasn't built an SMR power plant yet, so meaningful revenue is lacking.
If you're hunting a millionaire maker, NuScale is a high-risk bet: massive upside if deployments happen, but disappointment if success is delayed.
2026-01-08 06:522mo ago
2026-01-08 00:302mo ago
authID and TurboCheck Selected by Global Workforce Solutions Provider to Address the Surge of Employment Identity Fraud
New global customer win underscores authID’s growing leadership in workforce verification and the urgent need for deepfake-resistant identity proofing in hiring
DENVER, Jan. 08, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that one of the world’s largest workforce solutions providers has selected authID and technology partner TurboCheck to protect its hiring, onboarding, and daily workforce operations from a fast-growing wave of employment identity fraud.
The addition of this leading global workforce solutions provider underscores the continued momentum of authID’s workforce-verification business and validates the company’s ability to stop the rise of AI-generated impostors infiltrating global enterprises.
“Hiring fraud has become one of the most urgent and dangerous threats facing the modern workplace,” said Emmanuel Toutain, Founder and CEO of TurboCheck. “Our partnership with authID brings together two powerful technologies to ensure that organizations can verify workers in real time, at scale, and across regions. We are proud to support our workforce solutions customer as they strengthen their global hiring security.”
According to Gartner, by 2028 one in four job candidates worldwide will be fake, driven by AI-fabricated IDs, synthetic profiles, and machine-generated interview responses. Once hired, these impostors can steal sensitive data, plant malware, or commit large-scale financial fraud. The financial liability for companies caused by hiring fraud is substantial, including direct monetary losses, legal fees from negligent hiring lawsuits that can reach millions of dollars, and significant damage to productivity and reputation. The Association of Certified Fraud Examiners (ACFE) estimates that organizations lose an average of 5% of their annual revenue to occupational fraud, which often originates with a dishonest hire.
Major employers are now accelerating the adoption of identity-verified interviews and trusted onboarding workflows to protect their organizations from AI generated photo IDs, synthetic, seemingly legitimate resumes and even use of AI bots during live video interviews.
The global workforce solutions provider will deploy TurboCheck's fraud detection tools, which are powered by authID Proof™ and authID Verified™, to validate candidates before interviews, authenticate workers during onboarding, and ensure ongoing trust throughout the employee lifecycle. The combined solution with TurboCheck provides:
Deepfake-resistant biometric verification powered by liveness detectionGlobal document verification supporting regional and cross-border hiringGeolocation and identity corroboration to confirm candidate presenceSeamless pre-interview validation, preventing fake applicants from ever entering the hiring funnel By complementing strong background checking with biometric identity assurance, authID progresses beyond passive signals from paperwork and device to provide proof of life, linking the actual human to the documentation provided.
This latest deployment underscores authID’s unparalleled ability to solve hiring-fraud use cases where traditional Know Your Customer (KYC) methods fall short. It also builds on the company’s workforce-verification momentum with key partners, who stand against the infiltration of human resources by opportunists, professional criminals, state-sponsored fraudsters, and cyber-thieves. As the corporate world continues its momentum toward a remote workforce, the combined solution of authID and TurboCheck represents an expanding opportunity to secure the labor pool, and safeguard across additional enterprises, even as bogus applicants leverage digital tools to falsify their credentials.
“Artificial intelligence is transforming the hiring landscape, and those changes are not always for the better. Employers worldwide are now confronting a new class of threats, from deepfake job candidates to AI-generated identities designed to bypass traditional screening,” said Rhon Daguro, CEO of authID. “The customer’s selection of authID and TurboCheck reinforces our shared commitment to building a safer, trusted global workforce. Together, we are ensuring that companies can hire confidently, protect their data, and verify the authenticity of every worker from the very first interaction.”
As remote and hybrid work remain widespread, the need for trusted workforce identity verification is escalating across staffing, recruiting, gig-economy platforms, and global enterprises. With this partnership, authID continues to provide the foundation for that trust and safeguard the extensive enterprise hiring industry.
For more information on how authID combats one of the most common forms of workforce infiltration, download their whitepaper on deepfakes here.
About authID
authID® (Nasdaq: AUID) ensures enterprises "Know Who's Behind the Device™" for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user's identity and eliminates any assumption of 'who' is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms, with 1-to-1-billion false match rate and 1-to-many sub-second search capability. authID delivers all the benefits of biometric identity verification while ensuring complete privacy protection and regulatory compliance by storing no biometric data whatsoever. For more information, visit https://authid.ai.
About TurboCheck
TurboCheck is the #1 job applicant fraud detection platform in the world. As fraud has become more sophisticated with the use of AI, GPTs and advanced strategy, fraudulent applicants have grown to become 20-60% of the applicant pool, and have become a significant security threat for companies and reputation risk for staffing groups. TurboCheck's patented and legally compliant technology helps hiring teams quickly validate the realness of candidates, reduce risk, and speed time to hire. From initial application, through interviews, reference checks, employment verification, and into ongoing employment, TurboCheck helps to detect fraud, fakes and resume cheaters. For more information, visit www.turbocheck.com.
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.
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.
2026-01-08 06:522mo ago
2026-01-08 00:542mo ago
Procter & Gamble: Intense Focus Makes It Attractive
Analyst’s Disclosure:I/we have a beneficial long position in the shares of PG either through stock ownership, options, or other derivatives. 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.
2026-01-08 06:522mo ago
2026-01-08 00:552mo ago
Chinese EV Maker NIO Will Enter Australia and New Zealand Markets This Year
Chinese automaker NIO will enter the Australian and New Zealand markets this year as the company presses its overseas expansion amid intensifying competition in China's auto market
Investment accelerates innovation in capital markets, enhancing efficiency, compliance, and client service– starting with AI-powered email orchestration
, /PRNewswire/ -- Building on its strategy to harness AI and harmonized data to optimize global post-trade operations, global Fintech leader Broadridge Financial Solutions Inc. (NYSE: BR), today announced a strategic investment and expanded partnership with DeepSee, a leader in agentic AI technology based in Utah, U.S. The agreement includes Broadridge taking a minority ownership stake in DeepSee and marks a significant milestone in Broadridge's strategy to leverage AI and harmonized data to optimize global post-trade operations.
Along with the investment, Tom Carey, President of Broadridge Global Technology and Operations (GTO), will join DeepSee's Board of Directors, further aligning the two companies' shared commitment to accelerating AI transformation across capital markets. The collaboration will initially focus on deploying AI-powered email orchestration, turning traditional inboxes into intelligent, automated workflows for post-trade operations teams.
"This latest investment and partnership underscores Broadridge's commitment to delivering innovative AI-powered solutions that transform operations, reduce risk, and enhances the client experience," said Tom Carey, President of Broadridge Global Technology and Operations. "Working with DeepSee, we are bringing agentic AI directly into post-trade workflows, helping clients move from manual email handling to intelligent automation—unlocking new levels of productivity and operational resilience."
Broadridge is a leading provider of post-trade processing technology, clearing over $15T in daily trades across global markets every day. By embedding AI into workflows such as fails research, inventory optimization, and now email orchestration, Broadridge is further empowering clients to simplify complex ecosystems, improve decision-making, and unlock new levels of efficiency.
"From the beginning, DeepSee's vision has been to leverage the power of AI agents to transform the complex processes of financial services into actionable outcomes that drive immediate, production-ready business impact," said Steve Shillingford, CEO and Founder of DeepSee. "Working with Broadridge enables us to scale that vision globally, bringing AI innovation directly to the core of capital markets operations. Together, we are helping firms dramatically reduce manual processes, improve client responsiveness, and unlock new levels of efficiency."
Together, Broadridge and DeepSee are redefining post–trade operations by transforming in-bound email requests into connected workflows where AI agents, systems, and people operate seamlessly together. Pre-trained and pre-configured agents power automated operations and industry-specific AI capabilities convert communications into real actions—delivering faster responses, stronger compliance, and measurable operational results.
Key benefits of the AI solution include:
Increased productivity: Automates workflows by connecting to underlying systems to retrieve critical data and enhances efficiency through intelligent organization, prioritization, and drafting of emails Smarter resource optimization: Elimination of unnecessary emails, AI based categorization of work types and prioritization of importance of emails powered by insights into email volume and trends, enables proactive workload management and freeing teams for higher-value work. Enhanced transparency and supervision: Real-time dashboards display SLA metrics, operational trends, and actionable insights across teams. The solution has already been deployed across Broadridge's Business Process Outsourcing Operations which serves over 60 clients. The solution is also integrated with Broadridge post-trade capabilities providing the opportunity for firms to deploy with-in their own four walls with the Broadridge Platform or on a standalone basis.
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.
For more information about us, please visit www.broadridge.com.
About DeepSee
DeepSee is the control plane for agentic operations in financial services. We help banks and capital markets firms convert fragmented, manual workflows into software-defined services—powered by AI agents that plan, orchestrate, and execute across applications and teams. Built for production operations, DeepSee delivers secure integration, robust governance, continuous evaluation, and human oversight—so you can scale from experimentation to enterprise-wide transformation.
For more information about DeepSee, please visit www.deepsee.ai.
Broadridge Contacts:
Investor Relations
[email protected]
Media Relations
[email protected]
SOURCE Broadridge Financial Solutions, Inc.
2026-01-08 06:522mo ago
2026-01-08 01:002mo ago
Barnes & Noble Education: 4x EBITDA, Growing 20% In A Moat Industry
Barnes & Noble Education trades at under 4x EBITDA with 1.3x net-debt-to-EBITDA, positive net income, and 15-20% profit growth guidance. The First Day Complete program drives higher sales and gross profit, boasting 85% student participation at onboarded schools and strong institutional adoption. Despite significant dilution, accounting restatements, and regulatory headwinds, BNED delivered robust FY25 results: $1.6B sales (+2.7%), $60M EBITDA (+62%), and $94M net debt (down $92M).
2026-01-08 06:522mo ago
2026-01-08 01:032mo ago
Exclusive: Nvidia requires full upfront payment for H200 chips in China, sources say
SummaryCompaniesUS chipmaker hedging against uncertainty over Beijing's approval of shipments-sourcesChina has asked tech companies to temporarily pause H200 orders-sourceRegulators still deciding how many domestic chips firms need to buy alongside each H200-sourceBEIJING/SHANGHAI, Jan 8 (Reuters) - Nvidia (NVDA.O), opens new tab is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence chips, hedging it against ongoing uncertainty over Beijing's approval of the shipments, said two people briefed on the matter.
The U.S. chipmaker has imposed unusually stringent terms requiring full payment for orders with no options to cancel, ask for refunds or change configurations after placement, the people said.
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In special circumstances, clients may provide commercial insurance or asset collateral as an alternative to cash payment, one of the people added.
Nvidia's standard terms for Chinese clients have previously included advance payment requirements, but they were sometimes allowed to place a deposit rather than make a full payment upfront, the person said. But for the H200, the company has been particularly strict in enforcing conditions given the lack of clarity on whether Chinese regulators would greenlight the shipments, the person added.
Both people spoke on condition of anonymity because the information is not public. The stepped-up policy enforcement has not been reported previously. Nvidia and China’s industry ministry had yet to respond to requests for comment at the time of publication.
Chinese technology companies have placed orders for more than 2 million H200 chips that are priced at around $27,000 each, Reuters reported last month, exceeding its inventory of 700,000 of the chips.
While Chinese chipmakers like Huawei have developed AI processors including the Ascend 910C, their performance still lags behind Nvidia's H200 for large-scale training of advanced AI models.
Beijing in recent days asked some Chinese tech companies to temporarily pause their H200 chip orders as regulators are still deciding how many domestically produced chips each customer will need to buy alongside each H200 order, the second person said.
The Information first reported the pause on Wednesday.
Nvidia CEO Jensen Huang said on Tuesday that customer demand for H200 chips was "quite high" and that the company has "fired up our supply chain" to ramp up production.
Huang said he did not expect China's government to make a formal declaration on approval, but "if the purchase orders come, it's because they're able to place purchase orders."
BALANCING ACTThe strict payment requirements underscore the delicate balancing act Nvidia faces as it attempts to capitalise on surging Chinese demand while navigating regulatory uncertainty in both countries.
The Biden administration had banned advanced AI chip exports to China, but President Donald Trump reversed that policy last month, allowing H200 sales with a 25% fee to be paid to the U.S. government.
Nvidia has been burned in the past. Last year, it wrote down $5.5 billion in inventory after the Trump administration abruptly banned it from selling the H20 chip to China, previously the most powerful product it was able to offer there.
While the U.S. has reversed that decision, China has since banned H20 shipments.
But the payment structure for the H200 effectively transfers financial risk from Nvidia to its customers, who must commit capital without certainty that Beijing will approve the chip imports or that they will be able to deploy the technology as planned.
Chinese internet giants including ByteDance and others view the H200 as a significant upgrade over currently available chips. The H200, currently Nvidia's second-most powerful chip, delivers roughly six times the performance of the now-blocked H20 chip that Nvidia had designed specifically for the Chinese market.
Nvidia plans to fulfill initial orders from existing stock, with the first batch of H200 chips expected to arrive before the Lunar New Year holiday in mid-February, Reuters reported last month.
The company has approached contract chipmaker Taiwan Semiconductor Manufacturing Co (2330.TW), opens new tab about ramping up H200 production to meet the Chinese demand, with additional manufacturing expected to begin in the second quarter of 2026, Reuters reported last week.
For Nvidia, adding new capacity is also challenging at a time when it is not only transitioning from its current most-powerful chip Blackwell to the even more advanced Rubin, but also competing with companies including Alphabet's Google for limited advanced chipmaking production capacity from TSMC.
Reporting by Liam Mo and Brenda Goh; Editing by Jamie Freed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Clinical portfolio strengthened through the in-licensing of phase 3-ready antibiotic ceftibuten-ledaborbactam Fosmanogepix second phase 3 study initiated; two phase 3 studies in invasive fungal infections progressing as planned Two new preclinical collaborations to develop novel antibacterial and antifungal drugs Cresemba continued strong double-digit in-market sales growth Allschwil, Switzerland, January 08, 2026 Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, reported today on the progress within its R&D and commercial portfolio during 2025 and outlined the upcoming milestones and timelines. David Veitch, Chief Executive Officer, highlighted: "We entered 2025 from a position of strength and closed the year even stronger, thanks to outstanding execution and significant progress across all fronts.
2026-01-08 06:522mo ago
2026-01-08 01:182mo ago
Rakuten Medical Raises $100 Million in Fundraising Round
Rakuten Medical, a developer of cancer treatments partly owned by Japan's Rakuten Group, completed a fundraising round as it aims to accelerate approval for its cancer treatment in the U.S.
2026-01-08 06:522mo ago
2026-01-08 01:272mo ago
Helen of Troy Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Helen of Troy Limited (NASDAQ:HELE) will release earnings results for its third quarter before the opening bell on Thursday, Jan. 8, 2025.
Analysts expect the El Paso, Texas-based company to report quarterly earnings at $1.68 per share, down from $2.67 per share in the year-ago period. The consensus estimate for Helen of Troy's quarterly revenue is $502.17 million, up from $530.71 million a year earlier, according to data from Benzinga Pro.
On Nov. 25, Helen of Troy announced amendment to existing credit agreement.
Shares of Helen of Troy fell 3.1% to close at $21.08 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Canaccord Genuity analyst Susan Anderson maintained a Hold rating with a price target of $23 on Jan. 6, 2026. This analyst has an accuracy rate of 61%. UBS analyst Peter Grom maintained a Neutral rating and cut the price target from $27 to $25 on Oct. 10, 2025. This analyst has an accuracy rate of 55%. Considering buying HELE stock? Here’s what analysts think:
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LAS VEGAS, Jan. 08, 2026 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today announced its continued collaboration with Microsoft to enhance its maps and navigation products. TomTom is enhancing its automotive navigation solutions, including the TomTom Automotive Navigation Application and TomTom AI Agent, through integration of Azure OpenAI in Microsoft Foundry Models, Azure Cosmos DB and Azure Kubernetes Service.
As vehicles transform into digital experiences, drivers expect seamless interactions and intelligent navigation. By integrating TomTom’s mapping and traffic intelligence into a customizable platform, automakers can deliver highly branded navigation experiences that are ready for production in weeks, not months.
TomTom AI Agent integrates Azure OpenAI in Foundry Models to offer drivers natural voice control, enabling intuitive search and navigation through speech. This proactive system listens, reacts, and guides drivers, anticipating their needs and enhancing safety on the road.
Through this integration, automakers benefit from a pre-integrated solution built for scale that reduces time-to-market and eliminates the need for ongoing use case development, as updates are delivered seamlessly via the cloud. The architecture also gives automakers greater brand control and solution modularity, enabling them to innovate while providing drivers with a premium voice and navigation experience.
“Our collaboration with TomTom reflects our commitment to delivering intelligent navigation systems that put safety, efficiency, and the driver experience first,” said Dayan Rodriguez, Corporate Vice President, Manufacturing and Mobility, Microsoft. “Together, we’re helping automakers create seamless, branded experiences that meet the expectations of today’s digital drivers and shape the future of mobility.”
“As the future of driving becomes increasingly software-defined, TomTom and Microsoft are at the forefront, engineering confidence in every journey,” said Manuela Locarno Ajayi, SVP for Product Engineering, TomTom. “Together, we harness the power of Azure OpenAI to deliver intelligent, seamless solutions that not only enhance the journey but also prioritize driver safety and satisfaction. This collaboration allows us to innovate faster and offer OEMs a fully customizable platform that meets the demands of today’s digital vehicles.”
At CES 2026, TomTom will showcase this collaboration with Microsoft at the Wynn Encore Hospitality Suites, where attendees can experience the power of intelligent navigation, EV routing, proactive hazard alerts, and lane-level guidance firsthand, setting a new benchmark for voice technology in vehicles.
About TomTom:
Billions of data points. Millions of sources. Hundreds of communities.
We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses, and developers. Our application-ready maps, routing, real-time traffic, APIs, and SDKs enable the dreamers and doers to shape the future of mobility.
LAS VEGAS, Jan. 08, 2026 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today announced the successful integration of its Automotive Navigation Application with the cognitoAI™ platform from Visteon, a global automotive technology leader in cockpit electronics. This collaboration delivers an onboard AI voice experience deeply integrated with an automotive navigation solution, highlighting a shared commitment to bringing a high-performance, secure, reliable, and intuitive driver experience to market.
Agentic AI Meets Onboard Processing
Visteon’s cognitoAI™ platform is built on a hybrid architecture and is powered by Visteon's custom fine-tuned multimodal Vision Language Model (VLM), that seamlessly switches between offline and online modes, to ensure continuous and reliable operation in all driving conditions. On-device voice processing enables unparalleled speed and enhanced driver data privacy. By achieving a deep integration with TomTom’s Automotive Navigation Application, drivers can interact with the navigation using natural, conversational language, instead of being limited to rigid commands, to perform complex requests for location search, waypoint manipulation, and providing detailed route information.
TomTom Automotive Navigation Application: Fast-Track to a Premium, Customizable Cockpit
TomTom’s Automotive Navigation Application provides the robust, flexible foundation that enabled Visteon to achieve this breakthrough on automotive-grade hardware. Engineered for fast time-to-market, the Automotive Navigation Application’s proven and validated quality allowed Visteon’s team to create a deep integration between voice and navigation. The result is a premium navigation experience that remains up-to-date with evolving driver expectations.
“Working with TomTom, we’ve achieved a significant milestone: proving that the most advanced conversational experience can run entirely on vehicle hardware,” said Sivakumar Yeddanapudi, Global Vice President – Digital Cockpit and Connected Services, Visteon. “The maturity and flexibility of the TomTom Automotive Navigation Application was instrumental in enabling us to rapidly deliver a high-performance, branded experience that meets the rigorous standards of the automotive industry while exceeding driver expectations.”
“Our collaboration with Visteon is setting a new benchmark for in-vehicle navigation, proving that cutting-edge AI can be delivered in a secure, on-device architecture,” said Manuela Locarno Ajayi, SVP for Product Engineering, TomTom. “By combining TomTom’s industry-leading maps and navigation with Visteon’s onboard AI foundation - including integrated voice AI and a tuned video language model, we are delivering a truly natural, conversational, and intuitive experience that drivers love using.”
The partnership leverages Visteon’s expertise in automotive AI and in-car computing alongside TomTom’s decades of mapping and location intelligence technology, establishing a new industry standard for privacy-first, onboard AI navigation.
About TomTom:
Billions of data points. Millions of sources. Hundreds of communities.
We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses, and developers. Our application-ready maps, routing, real-time traffic, APIs, and SDKs enable the dreamers and doers to shape the future of mobility.
www.tomtom.com
About Visteon:
Visteon (NASDAQ: VC) is advancing mobility through innovative technology solutions that enable a software-defined future. The company's state-of-the-art product portfolio merges digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. With expertise spanning passenger vehicles, commercial transportation, and two-wheelers, Visteon partners with global OEMs to create safer, cleaner, and more connected journeys. Headquartered in Van Buren Township, Michigan, Visteon operates in 17 countries, employing a global network of innovation centers and manufacturing facilities. In 2024, the company recorded annual sales of approximately $3.87 billion and secured $6.1 billion in new business. For more information, visit visteon.com.
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.
2026-01-08 06:522mo ago
2026-01-08 01:312mo ago
JPMorgan Chase becomes the new issuer of the Apple Card
Image Credits:Apple Apple announced Wednesday that JPMorgan Chase is the new issuer of the Apple Card, replacing Goldman Sachs. Apple said that the transition will likely take up to 24 months.
While Apple is changing its banking partner, the Apple Card will continue to use the Mastercard network for payments. For consumers, nothing is changing at the moment, including for those applying for new cards.
JPMorgan said that the deal would bring over $20 billion in card balances to Chase. The Wall Street Journal noted that Goldman Sachs is offloading this amount at a $1 billion discount. Goldman Sachs said that for the fourth quarter of 2025, it expects a $2.2 billion provision for credit losses related to the forward purchase commitment.
News that the Apple-Goldman partnership would end has been swirling around for a few years now. Last year, the Wall Street Journal reported that JPMorgan was in line to become Apple’s new partner.
Apple launched its credit card in 2019 in partnership with Goldman Sachs without late fees or penalty interest rates. The card offers up to 3% daily cashback on purchases from Apple and other select partners; 2% from using Apple Pay; and 1% from using the physical card.
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2026-01-08 06:522mo ago
2026-01-08 01:382mo ago
Uniqlo owner Fast Retailing books 34% rise in Q1 profit
Both the Japanese (L) and English logo of Fast Retailing's Uniqlo is seen outside its store in Tokyo, Japan, April 6, 2016. REUTERS/Yuya Shino Purchase Licensing Rights, opens new tab
TOKYO, Jan 8 (Reuters) - The Japanese operator of the Uniqlo clothing brand, Fast Retailing (9983.T), opens new tab, on Thursday said its first-quarter operating profit rose 33.9% from a year earlier as it benefited from strong business activity at home and expansions in Europe and North America.
Profit for the period that ran from September to November rose to 205.6 billion yen ($1.3 billion) from 157.6 billion yen a year earlier, beating a consensus estimate of 177 billion yen that was drawn from six analysts polled by LSEG.
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Reporting by Anton Bridge; Editing by Thomas Derpinghaus
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2026-01-08 06:522mo ago
2026-01-08 01:502mo ago
Just - Evotec Biologics Receives Grant for AI-Driven Optimization of Monoclonal Antibody Developability for Affordable Access
Just - Evotec Biologics will optimize monoclonal antibodies ("mAbs") and other biologic modalities
Investment enables ten new J.MD™ projects encompassing molecular optimization including, but not limited to: improved titer, pharmacokinetics, immunogenicity, and stability, over the next three years
HAMBURG, DE / ACCESS Newswire / January 8, 2026 / Evotec SE (NASDAQ:EVO)(Frankfurt Prime Standard:EVT) today announces that its Seattle-based subsidiary, Just - Evotec Biologics, Inc., has received a new grant from the Gates Foundation to enable global access to biotherapeutics utilizing Just - Evotec Biologics' molecular design suite of computational technologies, called "J.MD™".
Investment (INV072135) continues the support for selected Gates Foundation grantees to improve the developability and reduce the cost of goods of monoclonal antibodies to make them more affordable and accessible and prevent infectious disease in low- and middle-income countries.
Under the grant terms, Just - Evotec Biologics will leverage its J.MD™ Molecular Design service - a key component of its J.DESIGN™ platform, that integrates advanced computational tools and high-throughput methodologies to streamline the biologics development process. By optimizing molecular design from the earliest stages, J.MD™ ensures manufacturability, stability, and efficacy-critical factors for reducing costs and enabling expansion of global access to these therapies as well as limiting liabilities like immunogenicity and instability. The new investment will enable ten (10) new J.MD™ projects over the next three years, spanning the development of biotherapeutics targeting multiple global health disease indications of concern.
This grant extends the commitment of Just - Evotec Biologics, that began in 2014 and has since delivered multiple cGMP manufacturing campaigns for RSV, Malaria, and HIV monoclonal antibodies.
Dr. Linda Zuckerman, EVP and Global Head of Just - Evotec Biologics, commented: "We are thrilled to receive this new grant from the Gates Foundation which will strengthen our commitment to reducing the cost of biologics development to expand global access. By leveraging our J.DESIGN™ platform and innovative molecular design tools, we look forward to supporting the foundation in driving impactful solutions across multiple disease areas and continuing to deliver therapies where they are needed most."
Dr. Cord Dohrmann, Chief Scientific Officer of Evotec, added: "We are proud to continue our collaboration with the foundation through this new grant which enables us to harness Just - Evotec Biologics' advanced platforms and scientific expertise to support the broader research ecosystem. This partnership strengthens our shared mission to accelerate the development of biotherapeutics that address urgent and unmet medical needs."
For expert insights about the importance of thoughtful antibody design driving global access, watch our virtual roundtable, Antibody Design to Support Global Health Initiatives, featuring key voices from the Gates Foundation and global health researchers.
About Just - Evotec Biologics
Just - Evotec Biologics, wholly owned by Evotec SE, is a first-to-industry biologics platform company that leverages AI/ML technologies and world-leading molecular design, cell line development, process intensification and continuous manufacturing strategies to advance biotherapeutics from discovery through clinical stages to commercial launch. The Just - Evotec Biologics team combines deep industry experience in the fields of data, protein, process, and manufacturing sciences including automation with highly integrated and flexible capabilities to break through the scientific and economic barriers associated with the development of protein therapeutics. Our focus is to accelerate and expand access to biotherapeutics through scientific and technological innovation for our proprietary projects and on behalf of our partners. Learn more at www.just-evotecbiologics.com.
About Evotec SE
Evotec is a life science company that is pioneering the future of drug discovery and development. By integrating breakthrough science with AI-driven innovation and advanced technologies, we accelerate the journey from concept to cure - faster, smarter, and with greater precision.
Our expertise spans small molecules, biologics, cell therapies and associated modalities, supported by proprietary platforms such as Molecular Patient Databases, PanOmics and iPSC-based disease modeling.
With flexible partnering models tailored to our customers' needs, we work with all Top 20 Pharma companies, over 800 biotechs, academic institutions, and healthcare stakeholders. Our offerings range from standalone services to fully integrated R&D programs and long-term strategic partnerships, combining scientific excellence with operational agility.
Through Just - Evotec Biologics, we redefine biologics development and manufacturing to improve accessibility and affordability.
With a strong portfolio of over 100 proprietary R&D assets, most of them being co-owned, we focus on key therapeutic areas including oncology, cardiovascular and metabolic diseases, neurology, and immunology.
Evotec's global team of more than 4,800 experts operates from sites in Europe and the U.S., offering complementary technologies and services as synergistic centers of excellence. Learn more at www.evotec.com and follow us on LinkedIn and X/Twitter @Evotec.
Forward-looking statements
This announcement contains forward-looking statements concerning future events, including the proposed offering and listing of Evotec's securities. Words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "should," "target," "would" and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding Evotec's expectations for revenues, Group EBITDA and unpartnered R&D expenses. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Evotec at the time these statements were made. No assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Evotec. Evotec expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Evotec's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
SOURCE: Evotec SE
2026-01-08 05:522mo ago
2026-01-07 23:102mo ago
Solana ETF Inflows and Derivatives Signal $150 Price Test
Solana’s decentralized exchange (DEX) trading volume has surged, driven by investment inflows from exchange-traded funds (ETFs) and increased derivatives activity. This development has brought Solana’s price to a critical point, with market participants closely observing whether it can surpass the $150 mark. The increase in trading volume is seen as a significant indicator of growing investor interest and market momentum for Solana.
The rise in Solana’s DEX volume is occurring amid broader movements in the cryptocurrency market, where ETFs have become an increasingly popular investment vehicle. ETFs offer investors a way to gain exposure to cryptocurrencies without directly holding the assets. A ‘spot’ ETF, in particular, would track the actual price of the cryptocurrency, as opposed to futures-based ETFs, which are linked to derivatives contracts. ETF issuers typically file applications to offer these products, and their approval involves a rigorous process by regulators.
Regulatory bodies examine various factors when considering ETF applications. This includes ensuring custody arrangements are secure, maintaining market integrity, and requiring surveillance-sharing agreements to prevent market manipulation. Additionally, regulators focus on disclosure requirements and investor protections to safeguard retail investors. These precautions are intended to foster a transparent and reliable trading environment.
Solana’s position as a leading cryptocurrency network is highlighted by its smart-contract capabilities, which enable various decentralized applications (dApps) to operate. As the largest cryptocurrency by market capitalization, Bitcoin also remains a focal point for investors. The rising interest in Solana is part of a broader trend where institutional investors and asset managers are exploring crypto products. This interest is often driven by client demand for diversified investment options and the potential for new revenue streams through fees.
However, the cryptocurrency market is not without its challenges. Investors must navigate volatility, liquidity conditions, operational risks, and regulatory uncertainty. Specific to investment products like ETFs, tracking errors and management fees can also impact returns. Additionally, the competitive landscape is intense, with multiple issuers frequently filing for similar products. The timelines for approval and potential amendments are subject to change, adding another layer of complexity.
As Solana’s price approaches $150, the market is keenly monitoring the situation. Approval or rejection of ETF applications can influence market dynamics significantly. Stakeholders await possible amendments to filings, requests for public comment, and eventual regulatory decisions. The outcome of these processes will likely have implications for Solana’s market trajectory and investor sentiment.
Solana’s recent achievements in DEX volume are notable, but its ability to maintain momentum and achieve price milestones remains uncertain. As the market evolves, participants will be watching for regulatory developments and broader market trends to assess the potential for continued growth in the crypto sector.
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2026-01-08 05:522mo ago
2026-01-07 23:252mo ago
Trump's USD1 Gets Banking Upgrade as World Liberty Files For National Trust Charter
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Trump’s World Liberty Financial is taking the first step in acquiring a national bank trust charter. This is happening at a time when the company is trying to encourage the use of its USD1 stablecoin.
USD1 Moves Closer to Broad Adoption After World Liberty Financial’s Charter Bid The Company confirmed it has established a new entity called WLTC Holdings LLC and filed a de novo application with the Office of the Comptroller of the Currency (OCC) to become a federally chartered national trust bank.
The proposed charter would enable the trust to regulate issuance, custody, and conversion in one regime. In the middle of it all is the USD1, a stablecoin pegged to the US dollar and launched by the project.
Zach Witkoff, who will be the president and chairman of the trust entity, noted that institutional adoption of the stablecoin has picked up for payments and treasuries.
“Institutions are already using USD1 for cross-border payments, settlement, and treasury operations. A national trust charter will allow us to bring issuance, custody, and conversion together as a full-stack offering under one highly regulated entity,” he shared.
The filing puts World Liberty Financial in a growing list of crypto companies in pursuit of federal trust charters. In December, the OCC gave conditional approvals to major digital asset companies including Circle and Ripple.
Regarding the organizational form, the trust bank would operate under the GENIUS Act and function with an advanced anti-money laundering and sanctions screening.
The filing said it would focus on core services, which include the issuance and redemption of stablecoins and the custody of USD1 and other stablecoins.
WLFI’s Ecosystem Set to Expand Beyond Payments The stablecoin has continued to gather momentum over the past few months. This has especially been the case with the stablecoin reaching a new milestone in market cap back in December due to a heightened interest for promotional events conducted on major exchanges.
In addition to payments, World Liberty Financial shared plans to link its stablecoin infrastructure to tokenized versions of real-life assets. These projects involved the tokenization of commodity sectors such as oil and gas.
These plans were then verified in December as executives announced that a range of real-world asset products are due to launch early next year. This will be used to collateralize its USD1 stablecoin.
On the other hand, the project has also proposed yet another plan that involves the use of a portion of the WLFI treasury in the deployment of the stablecoin. The aim of the move is to promote the use of the stablecoin on the centralized and the decentralized platforms.
2026-01-08 05:522mo ago
2026-01-07 23:592mo ago
BlackRock Accumulates $1.027B in BTC, ETH Across Three Consecutive Days
BlackRock Accumulates $1.027B in BTC, ETH Across Three Consecutive Days
Sujha Sundararajan
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Crypto ETF issuer BlackRock has accumulated 9,619 Bitcoin (BTC), valued at about $878 million, and 46,851 Ether (ETH), valued at $149 million, in just three consecutive days.
According to LookOnChain, the combined 3-day estimated total is $1.027 billion. The aggressive accumulation signals strong institutional confidence at a time when the crypto market is witnessing heightened volatility.
Further, the first week of 2026 has seen a massive liquidity injection, largely going through BlackRock.
Per on-chain data, the largest asset manager snapped 3,948 BTC, nearly $371.89 million worth, on January 6. The fund flows confirm that BlackRock accumulated 31,737 ETH, worth $100.23 million, on the same day.
Bullish Indicator For Traders?The influx of institutional capital is particularly noteworthy from a trading perspective. Such large combined Bitcoin and Ether accumulations often happen when institutions expect higher prices.
Traders should monitor key support and resistance levels for BTC, which has shown resilience around $90,000 during similar accumulation phases.
Besides, ETH purchases align with its ongoing network upgrades, suggesting breakouts above $3,200, where trading volume potentially spikes.
Both Bitcoin and Ethereum are down by 2.18% and nearly 4% in 24 hours, respectively. Per CoinMarketCap data, BTC is trading at $90.73K and ETH at $3,142 at press time.
BlackRock Vs Strategy – More BTC Buys Coming?During the holiday season, BlackRock quietly moved Bitcoin and Ethereum to Coinbase Prime, stirring sell-off fears. The asset manager deposited 1,134 BTC and 7,255 ETH into Coinbase.
At the time, Saylor’s Strategy, the largest corporate Bitcoin holder, purchased 1,287 BTC, lifting total holdings to 673,783 BTC.
BlackRock’s recent accumulation signals that strong hands are accumulating, setting a bullish tone for 2026.
2026-01-08 05:522mo ago
2026-01-08 00:002mo ago
Strategy Soars After MSCI Confirms Inclusion Of Bitcoin Treasury Firms In Its Index
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
On Wednesday, shares of Strategy (MSTR) climbed by 6% after Morgan Stanley Capital International (MSCI) announced that it would maintain the inclusion of digital asset treasury companies (DATCOs) in its indexes.
Strategy Maintains Index Designation Speculation surrounding a potential exclusion of Strategy—the leading player in the Bitcoin treasury space led by CEO Michael Saylor—had fueled uncertainty in the market.
This concern contributed to a considerable decline in cryptocurrency prices including Bitcoin on October 10, as investors grappled with the implications of losing a key index designation.
In its announcement issued on January 6, MSCI confirmed that it would not move forward with the proposal to exclude DATCOs from the MSCI Global Investable Market Indexes as part of its upcoming February 2026 Index Review.
Consequently, companies meeting the criterion of holding 50% or more of their assets in digital currencies will remain categorized as they are.
However, MSCI did implement a crucial change in its guidelines, prompting significant implications for treasury-focused companies like Strategy.
Capital-Raising Challenges Ahead Analysts at Bull Theory noted that previously, when Strategy would issue new shares to raise capital, MSCI would include these shares in their index, thus creating an automatic demand from index funds—typically requiring them to acquire 10% of the new shares. This forced buying could substantially benefit MicroStrategy.
For example, if the shares were priced at $300 each and the company issued 20 million new shares, index funds would be compelled to purchase approximately $600 million worth of shares, enhancing Strategy’s ability to raise capital and, subsequently, its Bitcoin holdings.
Under the new MSCI rule, however, while Strategy can still issue shares, MSCI will not increase the share count in its index. As a result, index funds are not obliged to buy any new shares, eliminating this previous demand.
This shift requires Strategy to seek private buyers for its new shares, which may lead to lower capital raised and an inability to purchase as much Bitcoin as before.
Morgan Stanley’s ETF Plans Market expert Crypto Rover emphasized the underlying question: why did MSCI make this change? Given MSCI’s origins with Morgan Stanley, the connection to the banking institution is significant.
Bitcoinist reported on Tuesday that Morgan Stanley filed for a spot Bitcoin and Solana (SOL) exchange-traded fund (ETF), positioning MSTR as a direct competitor in the crypto investment space.
Rover highlights that many investors opt for Strategy as a means to gain passive exposure to Bitcoin, which has contributed to a steady rise in MSTR stock and has established the company as the largest corporate holder of Bitcoin.
With the new MSCI directive, Rover alleges that Strategy may face challenges in accumulating more Bitcoin. Any attempts to dilute shares could lead to significant declines in MSTR stock due to the lack of passive demand.
The expert also asserts that this situation may prompt large investors to reallocate their funds from Strategy and similar treasury firms into Bitcoin ETFs, particularly given the likelihood that Morgan Stanley’s ETF will attract significant investment.
The 1-D chart shows MSTR’s recovery on Wednesday. Source: MSTR on TradingView.com At the time of writing, MSTR is trading at $166, having made a slight recovery from the 16-month low of $150 reached last Friday.
Featured image from DALL-E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-01-08 05:522mo ago
2026-01-08 00:002mo ago
Did Morgan Stanley Orchestrate Bitcoin October Crash? Analysts Draw Correlations
Morgan Stanley’s filing for a Bitcoin (BTC) and Solana (SOL) exchange-traded fund (ETF), coupled with MSCI’s decision to retain digital asset companies in its index, has ignited a wave of speculation among analysts. Notably, analysts from Bull Theory have alleged that these events could be indicative of a larger-scale market manipulation.
Bitcoin Market Manipulation? In a post on social media platform X (formerly Twitter), the Bull Theory analysts drew attention to the timeline of events involving Bitcoin, arguing that the trajectory from its October crash to its subsequent recovery in January resembles an orchestrated setup supported by data.
The first significant trigger occurred on 10 October, when MSCI — previously a division of Morgan Stanley — proposed removing Digital Asset Treasury Companies (DATCOs) from its global indexes.
This decision would affect firms like Strategy and Metaplanet, which hold substantial Bitcoin assets on their balance sheets. The implications were profound, given that MSCI’s indexes guide trillions of dollars in passive investments.
If these companies were removed, institutional investors, including pension funds and ETFs, would be compelled to divest, leading to a substantial contraction in institutional exposure to Bitcoin and an immediate tightening of liquidity.
Following that announcement, Bitcoin’s price plummeted by nearly $18,000, wiping out over $900 billion from the total crypto market cap.
Morgan Stanley And The MSCI Shift The uncertainty continued with a consultation period that remained open until December 31. This three-month window of prolonged anxiety effectively froze investor demand for Bitcoin.
Passive investors became wary, index-linked funds faced potential forced selling, and as a result, prices saw a stark decline—with Bitcoin dropping about 31% and altcoins suffering even more, marking the worst quarter for crypto markets since 2018.
However, the tide began to shift on January 1, 2026, as Bitcoin experienced an unexpected surge, rising 8% in just five days. This $7,300 increase, from $87,500 to $94,800, left many analysts puzzled, especially since the relentless selling had seemingly halted abruptly.
The analysts noted that this sudden upturn could imply that insiders might have had prior knowledge of forthcoming developments. Then, the narrative shifted dramatically on January 5 and 6. In a matter of 24 hours, Morgan Stanley unveiled its plans for spot Bitcoin, Ethereum (ETH), and Solana ETFs.
This was followed by MSCI announcing its decision not to proceed with the previously proposed exclusion of crypto-heavy companies from its indexes.
A Calculated Move? The sequence of these events has led the analysts to present a narrative: MSCI initiated pressure by threatening index removals in October, leading to an extended period of uncertainty and suppressed prices.
Once institutions had accumulated at lower prices, Morgan Stanley introduced its ETF, and MSCI subsequently removed the threat of exclusion, raising serious concerns about the possibility of coordinated efforts to manipulate market conditions.
Bull Theory analysts assert that as the market now transitions back towards liquidity, the same entities that potentially orchestrated the prior downturn may be strategically positioned to profit from the rebound.
The daily chart shows BTC’s Wednesday correction toward $91,000. Source: BTCUSDT on TradingView.com At the time of writing, BTC is trading at $91,550, having retraced 2% from the $95,000 2-month high reached at the beginning of the week.
Featured image from DALL-E, chart from TradingView.com
2026-01-08 05:522mo ago
2026-01-08 00:002mo ago
Bitcoin eyes $150K – Is 2026 the start of an ‘Institutional Supercycle'?
Instead, it hit crypto stocks hard too. The expanding DAT ecosystem is acting like a double-edged sword – Market volatility is forcing investors to offload stocks, which in turn amplifies stress across risk assets.
Strategy [MSTR] shows this clearly. The stock finished 2025 down 45%, its worst year since the 2022 bear market. The knock-on effect? Bitcoin’s [BTC] October crash, which triggered $20 billion in liquidations.
Source: TradingView (MSTR/USD)
Naturally, the question arises – Will 2026 be any different?
Notably, even with 2025’s bear market, key sectors (RWA, stablecoins, DeFi etc.) saw massive capital inflows. That momentum is driving adoption and as a result, analysts expect it to generate yield in this cycle.
The main driver? Institutional demand. With sector-wide inflows rising, analysts are calling 2026 an “institutional cycle,” eyeing a $150k year-end Bitcoin target. The big question – Will on-chain data back it up?
Fundamentals driving Bitcoin’s 2026 cycle The main takeaway from 2025? A clear divergence across crypto sectors.
Take the RWA tokenization market, for example. According to RWAxyz, it ended the year at $18 billion – A 210% jump highlighting strong momentum in tokenized assets. Stablecoins followed suit, with the supply rising over 50%.
Put together, these fundamentals are shaping Bitcoin’s 2026 outlook. The impact is already visible on-chain. In fact, according to the attached chart, institutions are buying 76% more BTC than miners are producing, creating a supply deficit.
Source: TradingView
Given these factors, calling 2026 an “institutional cycle” wouldn’t be far off.
In this context, the 2025 bear market actually served as a much-needed pause. During this time, capital flowed into long-term sectors, helping draw a clearer line between speculation and fundamentals.
Consequently, with this momentum, 2026 could be a breakout year for Bitcoin’s DATs. MSTR’s 4% rally underscores the shift, while growing institutional demand could push the crypto towards a $150k year-end target.
Final Thoughts Capital inflows into RWA, stablecoins etc. are creating strong fundamentals, while institutions are buying more Bitcoin than what miners produce. After the 2025 bear market pause, the current momentum supports a potential “institutional cycle,” with a $150k year-end BTC target.
Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network. She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations. At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.
2026-01-08 05:522mo ago
2026-01-08 00:072mo ago
Bitcoin, ether ease after early January pop as markets price fed cuts
Dogecoin started a major increase above $0.1520 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.140.
DOGE price started a fresh increase above $0.1480 and $0.1520. The price is trading below the $0.150 level and the 100-hourly simple moving average. There is a contracting triangle forming with resistance at $0.150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.140. Dogecoin Price Consolidates Gains Dogecoin price started a fresh increase after it settled above $0.1420, like Bitcoin and Ethereum. DOGE climbed above the $0.1450 resistance to enter a positive zone.
The bulls were able to push the price above $0.150. A high was formed at $0.1541 and the price is now correcting some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $0.1155 swing low to the $0.1541 high.
Dogecoin price is now trading below the $0.150 level and the 100-hourly simple moving average. Besides, there is a contracting triangle forming with resistance at $0.150 on the hourly chart of the DOGE/USD pair.
Source: DOGEUSD on TradingView.com If there is another increase, immediate resistance on the upside is near the $0.1480 level. The first major resistance for the bulls could be near the $0.150 level. The next major resistance is near the $0.1540 level. A close above the $0.1540 resistance might send the price toward $0.1625. Any more gains might send the price toward $0.1680. The next major stop for the bulls might be $0.1720.
More Losses In DOGE? If DOGE’s price fails to climb above the $0.150 level, it could start a downside correction. Initial support on the downside is near the $0.1450 level. The next major support is near the $0.140 level.
The main support sits at $0.1360 or the 50% Fib retracement level of the upward move from the $0.1155 swing low to the $0.1541 high. If there is a downside break below the $0.1360 support, the price could decline further. In the stated case, the price might slide toward the $0.130 level or even $0.1280 in the near term.
Technical Indicators
Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.
Major Support Levels – $0.1450 and $0.1400.
Major Resistance Levels – $0.1500 and $0.1540.
2026-01-08 05:522mo ago
2026-01-08 00:182mo ago
Ethereum price prediction: top reasons ETH may soar in 2026
Ethereum price retreated for three consecutive days, erasing some of the gains made earlier this month. ETH dropped to $3,152, down from this year’s high of $3,300. This article explores the top reasons why ETH price will eventually rebound this year.
BitMine Ethereum purchases Copy link to section
One main reason why the Ethereum price may rebound this year is because of the aggressive purchases by BitMine, the company that Tom Lee runs.
BitMine has been the most aggressive Ethereum buyers in the past few months. It has bought 278,551 coins in the last 30 days, bringing its total purchases to 4.14 million coins worth over $13 billion.
The company has more room to go in its Bitcoin purchase as it hopes to accumulate 6 million coins over time. There is also a slim chance that it will boost its target, especially if it manages to increase its share capacity from 500 million to 50 billion.
Ethereum will launch two major upgrades this year Copy link to section
The other bullish catalyst for the Ethereum price is that the developers will implement the Glamsterdam and Hegota upgrades later this year. These will be the most important upgrades after the developers implemented the Fusaka upgrade in December.
Glamsterdam aims to improve fairness, predictability, and trustlessness in block building. For example, the upgrade will enshrine proposal-builder separation to mitigate MEV centralization risks.
The upgrade will also introduce deterministic block-level access lists for more predictable execution. It will also introduce benchmarked gas repricing.
The Hegota upgrade will introduce verkle trees, which will reduce node storage requirements. Its goal will be to enhance fairness and predictability. It is common for cryptocurrency prices to rise before and after major upgrades.
Copy link to section
The other notable catalyst forthe Ethereum price is that the network’s market share continues growing in key areas. The most important one in all this is in the real-world asset (RWA) tokenization, where its assets jumped to over $12 billion.
This growth continued last month when JPMorgan analysts launched the first tokenized fund on the network. Other companies are now using Ethereum, including large names like Janus Henderson and WisdomTree.
The decentralized finance (DeFi) industry will likely continue rising in the near term. Its total value locked (TVL) has jumped to over $147 billion, while its bridged TVL jumped to over $465 billion.
ETH ETF inflows Copy link to section
Ethereum price may also benefit from the upcoming ETF inflows. Data shows that spot Ethereum ETFs have added over $358 million in inflows, reversing the losses in the previous two months.
This ETF inflow growth will likely continue rising now that Morgan Stanley has filed for a spot ETH ETF. This is notable as it is one of the biggest companies in Wall Street with over $1.8 trillion in assets under management.
Macro factors have a role to play this year, with the Federal Reserve expected to continue cutting interest rates. Also, the Senate will likely pass the CLARITY Act.
Ethereum price technical analysis Copy link to section
ETH price chart | Source: TradingViewThe twelve-hour chart shows that the ETH price has done well in the past few months, moving from a low of $2,768 in December to the current $3,155.
It has formed a double-bottom pattern, a popular bullish reversal chart pattern whose neckline at $3,478. The coin has moved above the 23.6% Fibonacci Retracement level.
Ethereum has also formed an ascending triangle pattern. Therefore, the token will likely continue rising as bulls target the key resistance level at $4,000. This rebound will be confirmed if it moves above the key resistance level at $3,478.
2026-01-08 05:522mo ago
2026-01-08 00:452mo ago
Bitmine stakes additional $60M in ETH, bringing total to $2.62B
Bitmine appears to be expanding its Ethereum staking footprint as part of its evolving treasury strategy.
Summary
Bitmine staked 19,200 ETH worth about $60M, lifting total staked ETH to $2.62B. The firm now controls over 4 million ETH, the largest known corporate ETH treasury. Staking activity supports Bitmine’s planned U.S.-based validator network launch in 2026. Bitmine is pressing ahead with its Ethereum-first treasury play as staking activity continues to scale.
The latest data was shared in a Jan. 8 post on X by on-chain analytics platform Onchain Lens, which tracked Bitmine’s most recent Ethereum (ETH) staking transaction.
Staking total climbs past $2.6 billion According to the data, Bitmine staked an additional 19,200 ETH worth about $60.85 million, bringing its total staked balance to roughly 827,008 ETH. At current prices, that stack is valued at around $2.62 billion.
The move extends a rapid staking push that began in late December. Bitmine first entered Ethereum staking on Dec. 27, with 74,880 ETH. Since then, deposits have grown steadily, including 82,560 ETH added in early January and a much larger 186,336 ETH stake on Jan. 6.
With the latest addition, nearly one-fifth of the firm’s ETH holdings are now actively staked. Ethereum’s current staking yield sits near 2.8%, implying annual returns that could reach tens of millions of dollars if Bitmine continues deploying capital at this pace.
Ethereum treasury strategy takes shape Bitmine now holds more than 4.07 million ETH, valued at roughly $12.8 billion, representing about 3.4% of Ethereum’s total supply. That makes it the largest known corporate holder of ETH and places it second overall among digital asset treasury firms, behind only Strategy’s Bitcoin (BTC) holdings.
Across the market, 68 ETH reserve companies collectively hold about 6.81 million ETH, worth an estimated $21.4 billion, or roughly 5.6% of supply. Compared to other ETH-focused treasuries like SharpLink Gaming, Bitmine alone makes up a significant portion of that total.
Under the direction of Tom Lee, the company’s primary focus has shifted from immersion cooling to large-scale digital asset accumulation. Staking and weekly ETH purchases have persisted, solidifying Ethereum’s position as the focal point of its balance sheet.
Validators, market impact, and next steps The company is getting ready to launch its “Made-in-America Validator Network” (MAVAN), which will run Ethereum validators in the United States. While earlier guidance pointed to a Q1 2026 rollout, the validator entry queue has already seen periods of congestion, partly driven by large institutional deposits like Bitmine’s.
Reactions to the concentration of staking activity have been conflicting. As more ETH flows into a small number of corporate-controlled validators, some analysts have raised concerns about centralization.
Bitmine’s next shareholder meeting is scheduled for Jan. 15 in Las Vegas, where Lee is expected to outline further details on the firm’s staking plans, validator rollout, and broader Ethereum positioning.
2026-01-08 04:522mo ago
2026-01-07 22:002mo ago
Ethereum Network Usage Jumps Nearly 45% As Bulls Push to Reclaim Higher Levels
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Ethereum is attempting to stabilize above the $3,200 level as the broader crypto market shows early signs of relief following weeks of volatility and corrective pressure. While price action remains cautious, bulls are working to defend this zone as a potential base for further recovery. Against this backdrop, on-chain data is beginning to paint a more constructive picture for Ethereum’s underlying fundamentals.
A recent CryptoOnchain analysis using CryptoQuant data highlights a notable acceleration in Ethereum network activity. The 7-day moving average of the total transfer count has climbed to approximately 870,000 transactions, a sharp increase from the roughly 600,000 average recorded in the weeks leading up to December 29. This nearly 45% rise in activity suggests a meaningful surge in network usage rather than a short-lived anomaly.
The increase in transfers points to growing engagement across the Ethereum ecosystem, including decentralized applications, DeFi protocols, and broader value transfers. Importantly, this expansion in activity is occurring while price consolidates, a dynamic that often signals strengthening fundamentals beneath the surface.
When sustained, rising on-chain usage can precede periods of improved market confidence, as demand for block space and ETH as a utility asset increases.
The report explains that the current expansion in Ethereum network activity began on December 29, when the daily total transfer count surged to a peak of roughly 1.06 million transactions. While activity has cooled slightly since that extreme reading, the pullback has been notably shallow.
Daily transfer counts have remained consistently elevated, fluctuating near the 900,000 level. This persistence is an important signal, as it suggests the initial spike was not driven by a single event or temporary speculation, but instead marks the formation of a higher structural baseline for network usage.
From an interpretation standpoint, a sustained increase in transaction volume is one of the clearest indicators of network health and organic demand. It reflects growing engagement across Ethereum’s ecosystem, including decentralized applications, DeFi protocols, NFT marketplaces, and simple value transfers.
Unlike price-driven metrics, transaction activity captures real usage, making it particularly valuable during consolidation phases.
Historically, periods of rising and stable on-chain activity have often preceded positive price developments. Increased transaction counts imply stronger demand for ETH as a utility asset, since it is required to pay gas fees and interact with protocols.
With ETH currently consolidating around the $3,200 level, the durability of this elevated activity will be critical. If sustained, it could provide a solid fundamental foundation for Ethereum’s next directional move higher.
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Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.
2026-01-08 04:522mo ago
2026-01-07 22:062mo ago
World Liberty Financial Subsidiary Applies for Bank Charter for Stablecoin Operations
A subsidiary of World Liberty Financial, the decentralized finance company co-founded by members of the Trump family, has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank purpose-built for stablecoin operations.
The charter will position the national trust bank, World Liberty Trust Company, National Association (WLTC), to issue and custody World Liberty Financial’s dollar-backed stablecoin, USD1, according to a Wednesday (Jan. 7) press release.
WLTC plans to serve institutional customers, including cryptocurrency exchanges, market makers and investment firms, and offer digital asset custody and conversion services that will enable holders of other stablecoins to shift to USD1, per the release.
The proposed president and chairman of WLTC, Zach Witkoff, said in the release that USD1 “grew faster in its first year than any other stablecoin” and that institutions are using it for cross-border payments, settlement and treasury operations.
“A national trust charter will allow us to bring issuance, custody and conversion together as a full-stack offering under one highly regulated entity,” Witkoff said.
World Liberty Financial announced on Dec. 25 that its USD1 stablecoin surpassed $3 billion in market capitalization within months of its launch.
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Witkoff, who is co-founder and CEO of World Liberty Financial, said in a press release announcing the milestone that USD1 offers traditional institutions “a crypto-native but trusted instrument to reap the power of DeFi.”
“In less than a year, USD1 has been adopted as the stablecoin of choice for pioneering enterprises everywhere,” Witkoff said.
When announcing in March 2025 that it planned to launch the stablecoin, World Liberty Financial said USD1 would be redeemable 1:1 for the U.S. dollar; 100% backed by short-term U.S. government Treasurys, U.S. dollar deposits and other cash equivalents; and fully backed by a reserve portfolio audited by a third-party accounting firm.
“We’re offering a digital dollar stablecoin that sovereign investors and major institutions can confidently integrate into their strategies for seamless, secure cross-border transactions,” Witkoff said at the time in a press release.
2026-01-08 04:522mo ago
2026-01-07 22:082mo ago
Ethereum Price Latest Push Raises Question: Has a Short-Term Top Formed?
Ethereum price failed to clear the $3,300 resistance and dipped. ETH is now showing a few bearish signs and might decline toward $3,080.
Ethereum started a downside correction below $3,240 and $3,200. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $3,200 zone. Ethereum Price Trims Gains Ethereum price failed to continue higher above $3,300 and started a downside correction, like Bitcoin. ETH price dipped below $3,240 and $3,220 to enter a short-term bearish zone.
There was a break below a key bullish trend line with support at $3,200 on the hourly chart of ETH/USD. The pair even dipped below $3,150. A low was formed at $3,123, and the price is now consolidating losses. It tested the 23.6% Fib retracement level of the recent decline from the $3,308 swing high to the $3,123 low.
Ethereum price is now trading below $3,200 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,120, the price could attempt another increase. Immediate resistance is seen near the $3,180 level.
The first key resistance is near the $3,200 level. The next major resistance is near the $3,220 level or the 50% Fib retracement level of the recent decline from the $3,308 swing high to the $3,123 low.
Source: ETHUSD on TradingView.com A clear move above the $3,220 resistance might send the price toward the $3,250 resistance. An upside break above the $3,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,300 resistance zone or even $3,320 in the near term.
More Losses In ETH? If Ethereum fails to clear the $3,220 resistance, it could start a fresh decline. Initial support on the downside is near the $3,120 level. The first major support sits near the $3,080 zone.
A clear move below the $3,080 support might push the price toward the $3,020 support. Any more losses might send the price toward the $3,000 region.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 zone.
Major Support Level – $3,120
Major Resistance Level – $3,220
2026-01-08 04:522mo ago
2026-01-07 22:132mo ago
Liquidity Paradox: Credit Markets Hit Record Health While Bitcoin Starves
New York Fed's high-yield distress index dropped to 0.06, an all-time low, signaling the healthiest corporate borrowing conditions in history.Despite abundant liquidity, capital rotates to equities and gold instead of crypto, with Bitcoin inflows drying up according to on-chain data.Institutional long-term holders like MicroStrategy reduce sell pressure, making a 50% crash unlikely but leaving markets in sideways consolidation around $91,000.US credit markets have never been healthier, yet Bitcoin finds itself starved of fresh capital—a paradox that encapsulates crypto’s current predicament.
The New York Federal Reserve’s high-yield distress index has plunged to 0.06 points, the lowest reading in the metric’s history. The index measures stress levels in the junk bond market by tracking liquidity conditions, market functioning, and the ease of corporate borrowing.
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Credit Markets All-Clear: The Money Went ElsewhereFor context, the index surged above 0.60 during the 2020 pandemic market turmoil and approached 0.80 during the 2008 financial crisis. Today’s reading suggests remarkably benign conditions for risk assets.
The high-yield corporate bond ETF (HYG) reflects this optimism, rallying for a third consecutive year with approximately 9% returns in 2025, according to iShares data. By traditional macro logic, such abundant liquidity and healthy risk appetite should benefit Bitcoin and other crypto assets.
Source: The Daily Shot via The Kobeissi Letter
Yet on-chain data tells a different story. CryptoQuant CEO Ki Young Ju noted that capital inflows into Bitcoin have “dried up,” with money rotating instead to equities and gold.
The diagnosis aligns with broader market dynamics. US equity indices continue to hover near all-time highs. AI and Big Tech stocks absorb much of the available risk capital. For institutional allocators, the risk-adjusted returns from equities remain compelling enough to bypass crypto entirely.
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This creates an uncomfortable reality for Bitcoin bulls: systemic liquidity is abundant, but the crypto market sits downstream in the capital allocation hierarchy.
Sideways Consolidation Replaces Crash ScenariosDerivatives data reinforces the stagnation narrative. Total Bitcoin futures open interest stands at $61.76 billion across 679,120 BTC, according to Coinglass. While open interest rose 3.04% over the past 24 hours, price action remains range-bound near $91,000, with $89,000 serving as near-term support.
Binance leads with $11.88 billion in open interest (19.23%), followed by CME at $10.32 billion (16.7%) and Bybit at $5.90 billion (9.55%). The steady positioning across exchanges suggests participants are adjusting hedges rather than building directional conviction.
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Source: CoinglassThe traditional whale-retail sell cycle has also broken down as institutional holders adopt long-term strategies. MicroStrategy now holds 673,000 BTC with no indication of significant selling. Spot Bitcoin ETFs have created a new class of patient capital, compressing volatility in both directions.
“I don’t think we’ll see a -50%+ crash from ATH like past bear markets,” Ki predicted. “Just boring sideways for the next few months.”
Short sellers face poor odds in this environment. The absence of panic selling among large holders limits the chance of cascading liquidations. Meanwhile, longs lack immediate catalysts for upside momentum.
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What Could Change the EquationSeveral potential triggers could redirect capital flows toward crypto: equity valuations reaching levels that prompt rotation to alternative assets; a more aggressive Fed rate-cutting cycle that maximizes risk appetite; regulatory clarity that provides institutional investors with new entry points; or Bitcoin-specific catalysts such as post-halving supply dynamics and ETF options trading.
Capital inflows into Bitcoin have dried up.
Liquidity channels are more diverse now, so timing inflows is pointless. Institutions holding long-term killed the old whale-retail sell cycle. MSTR won't dump any significant chunk of their 673k BTC.
Money just rotated to stocks and… pic.twitter.com/Ha866TP857
— Ki Young Ju (@ki_young_ju) January 8, 2026 Until such triggers materialize, the crypto market may remain in extended consolidation—healthy enough to avoid collapse, but lacking the momentum for meaningful appreciation.
The paradox stands: in a world flush with liquidity, Bitcoin waits for its share.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-01-08 04:522mo ago
2026-01-07 22:152mo ago
Solana Drives Growth in Tokenized Stocks as AUM Surpasses $1 Billion
The Solana blockchain has emerged as the leader in the expanding market for tokenized stocks, supported by onchain data. This development holds significance as the total assets under management (AUM) for tokenized stocks has recently surpassed $1 billion, according to data from blockchain analytics firm, Dune.
Tokenized stocks, a segment of the broader cryptocurrency market, are digital representations of traditional equity shares issued on blockchain platforms. Solana’s involvement in this area highlights its growing influence in the financial technology space. The Solana blockchain, known for its high throughput and low transaction costs, has become a preferred choice for issuing tokenized financial products.
Dune’s data suggests that Solana’s xStocks, a platform for trading tokenized stocks, is a key player in driving this growth. The platform allows users to trade traditional equities in a tokenized form, offering a bridge between conventional financial markets and decentralized finance (DeFi).
This growth in tokenized stocks reflects a broader trend of traditional financial products being reimagined and issued on blockchain networks. Institutions and individual investors are increasingly drawn to the efficiency and accessibility of blockchain-based solutions. As Solana continues to capture a significant share of the tokenized stocks market, it underscores the blockchain’s role in transforming financial markets.
The rise in total AUM for tokenized stocks is a testament to the increasing appetite for blockchain-based financial solutions. These products offer investors exposure to traditional assets with the benefits of blockchain technology, such as transparency and security. However, they also come with risks associated with the volatility of the cryptocurrency market.
Regulatory frameworks around tokenized stocks are still evolving. Regulatory bodies typically focus on areas such as custody, market integrity, and investor protection when evaluating blockchain-based financial products. Ensuring compliance with existing financial regulations while integrating innovative technologies poses a challenge for issuers and regulators alike.
In the context of tokenized stocks, the approval process for new products often involves detailed scrutiny of the issuer’s ability to provide clear disclosures and maintain effective surveillance-sharing agreements. These measures aim to protect investors and maintain the integrity of financial markets as digital assets continue to evolve.
As tokenized stocks gain traction, major financial institutions are exploring the potential to offer these products to clients. This interest is partly driven by client demand for diversified investment options and the potential for new revenue streams through fees and managed services. By leveraging blockchain technology, asset managers and banks aim to enhance their product offerings and meet the changing needs of investors.
Despite the promising growth, tokenized stocks face challenges, including market volatility, liquidity conditions, and operational risks. Additionally, the regulatory uncertainty surrounding digital assets can impact the pace of adoption and expansion of these products. Market participants must navigate these complexities to capitalize on the opportunities presented by tokenized finance.
The competitive landscape for tokenized stocks is dynamic, with multiple issuers vying to establish their offerings. Timelines for product launches can be uncertain due to regulatory reviews and the need for potential amendments. Maintaining a competitive edge requires issuers to stay informed of regulatory changes and market trends.
Looking ahead, the tokenized stocks market may see further developments as more stakeholders engage with the concept. Review periods for new products, potential amendments, and requests for comment from regulatory bodies will shape the future of this burgeoning market. Stakeholders are watching for approvals or denials, which will influence the trajectory of tokenized finance.
In conclusion, the rise of Solana as a dominant force in the tokenized stocks market highlights the blockchain’s role in reshaping financial markets. As the landscape continues to evolve, both opportunities and challenges will define the path forward.
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2026-01-08 04:522mo ago
2026-01-07 22:152mo ago
Asia Market Open: Bitcoin Softens As Asian Stocks Extend Pullback From Records
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 slipped toward $90,000 in early Asian trading on Thursday as the region’s equity rally cooled for a second session and traders shifted back to a familiar mix of data risk and geopolitics.
The risk reset came through energy first. Oil prices fell sharply after President Donald Trump confirmed Venezuela would supply up to 50M barrels of crude under a new arrangement following the weekend upheaval, a headline that markets read as a potential pressure valve on global prices over time.
Asian shares took a step back as that narrative sank in. Japan’s Nikkei slid 1.1% and Hong Kong’s Hang Seng dropped 1.3%, while Australia’s ASX 200 edged 0.2% higher, helped by commodity exposure.
Market snapshot Bitcoin: $90,975 down 2.1% Ether: $3,160, down 3.4% XRP: $2.17, down 4.5% Total crypto market cap: $3.20 trillion, down 1.9% Wall Street Stumbles As Softer Jobs Data Tests Risk AppetiteUS markets handed over a shakier lead. On Wednesday, Wall Street turned mixed as investors digested softer labour signals ahead of Friday’s nonfarm payrolls report, with traders also tracking the Venezuela fallout and other Trump-driven policy headlines.
Bonds held onto their bid, and the dollar eased slightly, as investors weighed whether cooling jobs indicators keep the Federal Reserve on track for rate cuts later this year.
ETF Demand Anchors Crypto As Traders Look Past VenezuelaCrypto traders kept their focus on flows and positioning, not just the Venezuela tape. Bitfinex analysts wrote on X, “Flows and access are still moving in Bitcoin’s favour. US spot ETFs added more than $1.1B of net inflows in the first two trading days [of the year], Morgan Stanley filed for a BTC trust, MSCI kept crypto-treasury names in its indexes, helping preserve passive exposure,” they said.
They added, “In the background, the S&P 500 is at new highs. Metals sit near records, and US gasoline prices are at multi-year lows, easing headline inflation pressure. For traders, 2026 opens with higher volume but a macro backdrop that still leans supportive for risk.”
Geopolitics stayed busy beyond Caracas. China escalated pressure on Japan by banning exports of dual-use items for military use, adding another layer to an already tense relationship between Asia’s two biggest economies.
The calendar now does the heavy lifting. Investors line up Friday’s jobs report and a US Supreme Court ruling tied to Trump’s global tariffs, with both events carrying the kind of headline risk that can whip around rates, equities, and crypto in the same session.
2026-01-08 04:522mo ago
2026-01-07 22:192mo ago
Bitcoin faces ‘boring sideways' grind in coming months: CryptoQuant CEO
Bitcoin’s price may stay flat in the first quarter of 2026, even though historical trends suggest otherwise, says CryptoQuant CEO Ki Young Ju.
“Capital inflows into Bitcoin have dried up,” Ju said on Wednesday, adding that investor interest has returned to “stocks and shiny rocks” as the price of gold and silver have skyrocketed.
Ju added that Bitcoin (BTC) is unlikely to crash from its peak as it has done in the past, and expected “just boring sideways for the next few months.”
Bitcoin is trading at around $90,890 at the time of publication, down over 2% in the past day and has fallen from a high this week of $94,400, according to CoinMarketCap.
Bitcoin is up 0.81% over the past 30 days. Source: CoinMarketCapBitcoin trading sideways would go against trendsThe lack of any real price movement in the first quarter of 2026 would counter how Bitcoin has historically performed.
The month of January has historically been a more modest month for Bitcoin, averaging a 3.81% return since 2013. February and March have delivered far stronger historic gains of 13.12% and 12.21% respectively, according to CoinGlass.
Ju’s comments come after veteran trader Peter Brandt and Fidelity’s director of macroeconomic research, Jurrien Timmer, floated the possibility of Bitcoin falling as low as $65,000, or even $60,000, this year.
Sentiment in the market has been recently subdued, with the Crypto Fear & Greed Index, which measures overall crypto market sentiment, floating between “Fear” and “Extreme Fear” since early November. On Thursday, the index posted a “Fear” score of 28.
Spot Bitcoin ETFs show signs of lifeSpot Bitcoin exchange-traded fund (ETF) performance over the first three trading days of 2026 are showing signs of momentum, with $925.3 million in net inflows, according to Farside Investors data.
While Ju has started 2026 with a conservative forecast, other industry participants are showing much more confidence in Bitcoin’s price this year.
Venture capitalist Tim Draper said on Wednesday that “2026 will be big”.
“Bitcoin goes mainstream. My $250k prediction finally reached,” he said, referring to the call he first made in 2018, when he said Bitcoin would hit that level by the end of 2022.
Meanwhile, Bitwise head of research Ryan Rasmussen said on Dec. 17 that Bitcoin will break the traditional four-year cycle in 2026 and reach new all-time highs.
He said that while the four-year cycle typically delivers three up years followed by a down year, which would point to 2026, he doesn’t see it playing out that way this time.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
2026-01-08 04:522mo ago
2026-01-07 22:192mo ago
Eric Trump Posts Bald Eagle Emoji After World Liberty Financial Applies For National Trust Bank Charter
President Donald Trump-backed World Liberty Financial announced Wednesday that it has applied for a U.S. national banking license to issue and custody its dollar-pegged World Liberty Financial USD (USD1) stablecoin.
A Federally-Regulated Stablecoin Bank?The decentralized finance platform stated that its subsidiary, WLTC Holdings LLC, applied to the Office of the Comptroller of the Currency to establish World Liberty Trust Company, National Association, a banking entity designed for stablecoin operations.
The proposed trust company is designed to serve institutional clients, including cryptocurrency exchanges, market makers and investment firms. Besides issuing and redeeming the $2.8 billion-valued USD1, the trust will also provide digital asset custody and stablecoin conversion services, enabling holders of other stablecoins to convert into USD1.
The trust bank will be structured to comply with the GENIUS Act as well as anti-money laundering laws, added World Liberty Financial.
Eric Trump, co-founder of World Liberty Financial, reacted to the development with an emoji of a bald eagle, the national bird of the U.S.
World Liberty Follows RippleThis development comes after Ripple (CRYPTO: XRP) received conditional OCC approval to charter Ripple National Trust Bank, although final approval is still pending.
Trump Family’s Crypto FortuneThe Trump family is deeply invested in World Liberty Financial, with the president listed as Co-Founder Emeritus, while his sons, Eric, Donald Trump Jr. and Barron Trump, serve as co-founders.
Entities linked to the family own nearly 22.5 billion World Liberty Financial tokens. At the current price of $0.1709 per token, this stake values their holdings at $3.84 billion.
That said, the family’s involvement in the cryptocurrency industry has stirred controversy. Sen. Elizabeth Warren (D-Mass.) criticized the Trump family’s financial gains from the WLFI token, labeling it as “plain and simple” corruption.
TD Cowen warned that the Trump family’s ties with the industry could delay the crypto market structure bill. Democrats want provisions barring senior government officials and their families, including Trump, from owning or operating cryptocurrency businesses.
Price Action: At the time of writing, WLFI was exchanging hands at $0.1709, down 0.70% in the last 24 hours, according to data from Benzinga Pro.
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Wyoming has introduced the first state-backed stablecoin, named FRNT, under its Wyoming Stable Token Act. This development marks a significant milestone in financial innovation, as it is the first blockchain-based asset of its kind to be backed by a U.S. state. The stablecoin is issued on the Solana network, a blockchain known for its ability to process transactions efficiently and at a low cost, making it a popular choice for digital assets.
The introduction of FRNT is seen as Wyoming’s strategic move to enhance its position in the digital currency space, leveraging its progressive regulatory environment. State officials highlight this initiative as a step towards modernizing financial transactions, aiming to provide a secure and stable digital currency option that could facilitate state-based payments and potentially draw more blockchain companies to the region.
Stablecoins are digital currencies pegged to a stable asset or basket of assets, such as fiat currencies, to minimize price volatility typical in cryptocurrencies. By being backed by state resources, FRNT aims to offer a reliable alternative in the stablecoin market, which is often dominated by privately issued digital currencies.
The approval and issuance of FRNT are the result of Wyoming’s favorable regulatory framework for blockchain and cryptocurrency activities. The state has been at the forefront of blockchain legislation in the United States, fostering a supportive environment for the development and integration of digital assets. This regulatory approach is designed to ensure market integrity, safeguard investor interests, and promote transparency.
The Solana blockchain, utilized for issuing FRNT, is recognized for its high-performance capabilities, supporting thousands of transactions per second with minimal fees. This makes Solana an attractive platform for stablecoins and other decentralized financial applications, benefiting from its scalability and efficiency.
Financial institutions and asset managers are increasingly exploring blockchain-based products, driven by growing client demand for digital asset exposure and the potential for new revenue streams. The creation of state-backed stablecoins like FRNT is part of a broader trend where traditional financial entities and governmental bodies seek to integrate digital currencies into mainstream financial systems.
However, the launch of FRNT also brings attention to the potential risks associated with digital assets. These include regulatory challenges, operational risks related to blockchain technology, and the need for robust custody solutions to protect users’ funds. Additionally, the competitive landscape for stablecoins is evolving, with numerous issuers vying for market share and regulatory approval processes that can vary in duration and complexity.
As FRNT enters the market, stakeholders are keenly observing the regulatory outcomes and market reception. The approval process for state-backed digital currencies like FRNT typically involves thorough examination by regulatory bodies to ensure compliance with financial laws and standards. This includes evaluations of custody arrangements, market surveillance mechanisms, and investor protection measures.
In the coming months, the focus will be on how FRNT performs in the market, its adoption rate, and the potential amendments to its regulatory framework as it navigates the dynamic digital currency landscape. Market participants will be watching for any updates on further adoption of state-backed stablecoins, the possibility of other states following suit, and how these developments might influence the broader financial ecosystem.
Wyoming’s initiative with FRNT demonstrates a proactive approach to integrating digital currencies within state operations, potentially setting a precedent for the future of digital finance. The ongoing developments in this area will likely continue to shape discussions around the role of government-backed digital currencies in modern financial systems.
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2026-01-08 04:522mo ago
2026-01-07 22:242mo ago
Solana Mobile Readies SKR Airdrop as Token Launch Goes Live January 21
The official SKR token launch from Solana Mobile is set for January 21 at 2:00 a.m. UTC. The project team indicated that this milestone follows the conclusion of the first “Seeker Season,” an intensive program that successfully attracted over 100,000 participants and validated the mass usage of decentralized applications on mobile devices. With a fixed supply of 10 billion units, the SKR token aims to transform Solana’s hardware ecosystem into a model driven by digital incentives and community governance.
The first ever Seeker Season has concluded, with over 265 dApps, 9 million transactions, and $2.6 billion in volume.
Thank you to the 100,000+ Seekers who participated.
Now, the next step: SKR launches on January 21 (UTC). pic.twitter.com/KKdmPpKJs2
— Seeker | Solana Mobile (@solanamobile) January 7, 2026 The impact of this initiative is powerful, having processed more than nine million transactions and generated a volume of $2.6 billion during the testing phase. The SKR token launch includes an ambitious distribution plan where 30% of the total supply will be released immediately through an airdrop for users and developers who supported the ecosystem early on. This strategic approach not only rewards loyalty but also seeks to ensure robust liquidity and sustained on-chain activity from the first day of operations.
The success of this model will determine if mobile devices can consolidate as the primary interaction layer for Web3, finally overcoming the usage limitations that crypto applications on smartphones have historically faced.
Disclaimer: Crypto Economy Flash News is prepared from official and verified public sources by our editorial team. Its purpose is to provide quick information on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
2026-01-08 04:522mo ago
2026-01-07 22:302mo ago
The Most Bullish Thing Ever: Morgan Stanley's Bitcoin ETF Signals Massive Untapped Demand
Morgan Stanley's planned bitcoin ETF is being hailed as a powerful signal that institutional crypto demand, distribution leverage, and brand-driven access are far larger than expected, suggesting the bitcoin ETF trade may still be in its earliest phase.
2026-01-08 04:522mo ago
2026-01-07 22:532mo ago
Wyoming launches first state-issued stablecoin FRNT on Solana
Wyoming has quietly taken a step that could reshape how U.S. states interact with digital dollars.
Summary
Wyoming launched FRNT, the first state-issued stablecoin in the U.S. The token runs on Solana with multi-chain support and reserves managed by Franklin Templeton. Interest from reserves funds public schools, while adoption and volume remain key unknowns. Wyoming has launched the first state-issued stablecoin in the U.S., bringing a government-backed dollar token onto public crypto markets.
The Frontier Stable Token went live on Jan. 7, according to an announcement published by Wyoming Public Media and the state’s Stable Token Commission.
FRNT goes live on Solana with multi-chain support FRNT is now available for public purchase on Kraken, a Wyoming-domiciled cryptocurrency exchange, with initial trading taking place on the Solana blockchain. The token can also be transferred across multiple networks using Stargate, giving it live support on Ethereum, Arbitrum, Avalanche, Base, Optimism, Polygon, and Solana.
Stablecoins are designed to track the U.S. dollar and reduce volatility, but Wyoming’s approach is distinct. FRNT is the first stable token issued directly by a U.S. state, following nearly a decade of legislative and technical development.
The state has allocated roughly $6 million toward the project so far, with lawmakers continuing to debate additional funding as the token begins its public rollout.
Reserves backing FRNT are managed by Franklin Templeton and are held in a Wyoming-chartered trust. The reserves are reported to be fully backed and overcollateralized, consisting of U.S. dollars, cash equivalents, and short-term U.S. Treasury securities.
Interest earned on those reserves is directed to Wyoming public schools, creating a revenue stream for the state rather than for private issuers.
While FRNT does not currently pay yield to token holders, officials have said this structure reflects ongoing regulatory uncertainty around interest-bearing digital assets in the U.S. Any future changes would depend on clearer federal guidance.
A test case for state-backed digital money State officials and backers see FRNT as both a financial and operational experiment. Beyond reserve income, Wyoming aims to reduce payment processing costs across government services.
Local officials have pointed to credit card fees as a growing burden, particularly in counties where transaction volumes are high and margins are fixed.
Converse County Treasurer Joel Schell said electronic payments through a stable token could lower costs for residents, citing tens of thousands of dollars lost annually to card processing fees. By settling payments on-chain, the state hopes to improve efficiency while keeping more value within public systems.
The token’s public launch follows several delays over the past year, though no technical or liquidity issues have been reported on its first day of trading. Early volumes remain limited, which is typical for a new stablecoin, particularly one issued by a government entity.
Analysts are watching FRNT as a possible template for other states exploring blockchain-based financial infrastructure. Wyoming’s long-standing crypto-friendly legal framework has allowed it to move first, but wider adoption will depend on usage, liquidity growth, and how regulators respond as state-issued digital money enters wider circulation.
The Wyoming Stable Token Commission is scheduled to meet next on January 15 to review early progress and outline next steps.
2026-01-08 04:522mo ago
2026-01-07 23:002mo ago
Bitcoin Fear & Greed Index Nears Neutral As Price Recovers
Data shows the sentiment among Bitcoin traders has seen a notable improvement recently as the market has gone through a recovery surge.
Bitcoin Fear & Greed Index Is Near The Neutral Zone The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the sentiment that’s held by the average trader in the Bitcoin and wider cryptocurrency markets. It determines the investor mentality using the data of these five factors: trading volume, volatility, market cap dominance, social media sentiment, and Google Trends.
The index uses a numerical scale running from zero to hundred for representing the sentiment. On this scale, all values below 47 correspond to a net sentiment of fear, while those above 53 to one of greed. Levels lying between the two thresholds represent a neutral mentality.
Now, here is how the current Bitcoin sentiment is like, according to the Fear & Greed Index:
The value of the metric appears to be 42 | Source: Alternative As is visible above, the Fear & Greed Index has a value of 42 right now, suggesting a fearful sentiment is shared by the majority. However, the indicator’s value is quite close to the neutral region, so the dominance of fear isn’t too significant. Just a few days ago, this wasn’t the case, as the index was deep into the fear territory.
Looks like the value of the metric has witnessed a rise in recent days | Source: Alternative In fact, the metric’s value was so low that it was inside a special zone called the extreme fear. The turn from extreme fear to the nearly-neutral level of today has come as Bitcoin and other digital assets have enjoyed a recovery rally. Given the trend, it’s possible that if the bullish market push continues, trader sentiment could return to the neutral territory, or even edge slightly into the greed zone.
Historically, cryptocurrencies like Bitcoin have tended to move in the direction that goes contrary to crowd expectations. The probability of an opposite move occurring may be considered the strongest inside the extreme areas of extreme fear (25 and under) and extreme greed (above 75), as they have been where major bottoms and tops have formed in the past. The bottom in November, which has acted as the low for Bitcoin so far, also formed when the market held a sentiment of extreme fear.
Now that the Fear & Greed Index has edged to the neutral zone, though, sentiment may not be able to dictate where the market will head next, since traders currently don’t agree on a direction. In such an environment, the chances of a move occurring in either direction may be equally probable.
BTC Price Bitcoin broke above $94,000 earlier in the week, but its price has seen a setback as it’s now back at $92,000.
The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, Alternative.me, chart from TradingView.com
2026-01-08 04:522mo ago
2026-01-07 23:002mo ago
JasmyCoin surges 12%, breaks its range – Can this rise continue?
Through the fourth quarter, JasmyCoin [JASMY] traded within a descending channel, erasing all the gains made earlier in 2025.
As 2026 kicked in, the altcoin showed bullish momentum and recorded significant gains for seven consecutive days.
In fact, after a prolonged downtrend, JasmyCoin finally made a clean breakout and cleared most of November and December losses.
As such, the altcoin jumped 35.14% from $0.0074 to a two-month high of $0.01, then slightly retraced. At press time, JASMY traded at $0.0091, up 12.14% on the daily charts.
Over the same period, its market cap reclaimed the top 100 spot, hitting $465 million, while volume surged 375% to $243 million.
But what triggered the altcoin’s breakout?
JasmyCoin hits a 2-month high As JasmyCoin made gains for consecutive days, investors jumped into the market to position themselves, fearing they might miss out. These investors mostly rushed into the Futures market.
According to CoinGlass, derivatives volume climbed 1134% to a yearly high of $769 million. At the same time, its Open Interest jumped 87% to a four-month high of $46 million.
Source: CoinGlass
With OI and volume having jumped in tandem, it signaled increased participation in the Futures, either taking long or short positions.
As a result, significant capital was deployed into the Futures. In fact, Futures inflows jumped to $247.4 million compared to $245.4 million in outflows.
This saw Futures netflow jump 378.5% to $2 million, a clear sign of increased capital for leverage, hedging, and traders’ directional bets.
Source: CoinGlass
Profit realization skyrockets As expected, the market jumped to a recent high; investors and holders who had been underwater rushed into the spot market and cashed out.
According to Coinalyze, on the 6th of January, buyers stepped into the market and increased positions, with Buy Volume rising to 3.09 billion.
Source: Coinalyze
However, this market behavior shifted drastically on the 7th of January as sellers accelerated expenditure. As such, Sell Volume rose to 742 million compared to 697 million in Buy Volume.
As a result, the altcoin recorded a negative Buy Sell Delta of -45 million, a clear sign of aggressive spot selling.
Can JASMY be sustainable or a mere bubble? JasmyCoin recorded massive capital flow, leading to a breakout as traders rushed into the Futures market to position themselves strategically.
For that reason, the altcoin’s Stochastic RSI jumped to 100, hitting the oversold zone, then fell to 93 and made a bearish crossover.
A bearish move here suggested weakness, as sellers started to cash out. Thus, while the upside momentum remains elevated, the risk of a pullback remains high, especially with sellers increasingly active.
Source: TradingView
These market conditions indicated a fierce battle between bulls and bears for control. Therefore, the next move solely depends on who dominates the market.
Thus, if demand in Futures hold, JASMY could continue its upside move, reclaim $0.01, and target $0.011. However, if profit takers overwhelm the market, the altcoin could face downward pressure and drop to $0.0086.
2026-01-08 04:522mo ago
2026-01-07 23:002mo ago
Solana ETF Volume Explodes: Anomaly Or New Normal?
The official X account tied to meme cryptocurrency Dogecoin (CRYPTO: DOGE) celebrated the rescue of a German Shepherd on Wednesday after a community member was initially stopped from adopting the dog.
Dogecoin Community To The Rescue Of Sherman?Dogecoin credited community pressure for the release of the dog, named “Sherman.”
“We did it,” the handle wrote. “People power works.”
The controversy began when Doge Van, a well-known member of the DOGE community and dog rescuer, claimed that the Downey Animal Shelter in Los Angeles canceled the adoption, citing a “clerical error” on Sherman’s aggression status.
Doge Van denied that the dog was “aggressive,” adding that the shelter would put the animal down due to a data entry error.
He urged the community to raise the issue by directly calling the officials at the adoption facility.
A day later, Doge Van disclosed on X that the shelter agreed to release Sherman into his care.
“I'm deeply grateful to everyone who spoke up, shared his story, and showed compassion when it mattered most,” Doge Van said.
The shelter didn’t immediately respond to Benzinga’s request for comment.
Price Action: At the time of writing, DOGE was exchanging hands at $0.1462, down 1.53% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy:ihrinmoisuc on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
XRP price failed to gain pace above $2.320 and trimmed gains. The price is now struggling and faces resistance near the $2.20 level.
XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2.245 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.150. XRP Price Trims Gains XRP price failed to continue higher above $2.35 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.320 and $2.250 to enter a short-term bearish zone.
There was a break below a key bullish trend line with support at $2.245 on the hourly chart of the XRP/USD pair. The pair even spiked below $2.150. A low was formed at $2.141, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $2.416 swing high to the $2.141 low.
The price is now trading below $2.250 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level. The first major resistance is near the $2.250 level. A close above $2.250 could send the price to $2.30.
Source: XRPUSD on TradingView.com The next hurdle sits at $2.320 and the 61.8% Fib retracement level of the downward move from the $2.416 swing high to the $2.141 low. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance. The next major hurdle for the bulls might be near $2.450.
More Losses? If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level.
If there is a downside break and a close below the $2.120 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.880.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.