Cynthia Lummis Officially Named Chair of Senate Banking Subcommittee on Digital Assets

New Senate Banking Subcommittee aims to strengthen USD through strategic Bitcoin adoption while developing comprehensive digital asset regulations. Bipartisan legislation under Lummis’s leadership targets consumer protection and responsible innovation in the cryptocurrency sector. Market responds with Bitcoin briefly touching $106,732, highlighting institutional investors’ growing interest in regulatory clarity. The journey to implement a strategic Bitcoin…

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Crypto Hackers Stole Nearly $80 Million in January 2025—Here’s What Happened

Phemex exchange suffers major security breach with $69.1M stolen, representing the bulk of January’s crypto losses amid hot wallet vulnerability. BNB Chain emerges as the most targeted network with 50% of all recorded attacks, followed by Ethereum accounting for 25% of incidents. Despite monthly surge, year-over-year crypto theft shows 44.6% decrease from January 2024, indicating…

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Trump Excludes Fed, FDIC from Crypto Working Group, Snubs Banking Watchdogs

The working group chaired by David Sacks sets 180-day deadline for agencies to review and recommend updates to crypto regulations and policies. The move follows accusations of Operation Choke Point 2.0, where regulators allegedly pressured banks to restrict services to crypto firms. The executive order explicitly prohibits CBDC development while promoting dollar-backed stablecoins, signaling shift…

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El Salvador Defies Critics, Expands Bitcoin Treasury Again

Nation’s dual approach balances traditional financing through IMF’s Extended Fund Facility while maintaining aggressive Bitcoin acquisition strategy. Strategic timing of Bitcoin purchase demonstrates El Salvador’s independence in monetary policy despite international financial pressures. Argentina shows potential for following El Salvador’s lead, with major corporations already holding significant Bitcoin reserves collectively. El Salvador has once again…

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Metaplanet Receives Major Boost from Norway’s Central Bank Fund to Strengthen Its Bitcoin Strategy

Metaplanet has attracted MicroStrategy’s institutional investors in the recent past to bolster its Bitcoin strategy. The rising demand for Bitcoin has helped reduce the overall supply on CEXes amid the ongoing macro bull rally. The palatable success story of (NASDAQ: MSTR) through the Bitcoin (BTC) strategy has significantly influenced Japan’s Metaplanet Inc. (Tokyo: 3350). Simon…

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Bitcoin (BTC) Price Retest Crucial Support Level Above $100K amid Mixed Short-term Expectations

Bitcoin price could be evolving to a macro consolidation structure amid rising possibilities of a sell-the-news event following Trump’s inauguration. Whale investors have continued to relentlessly accumulate more BTC despite the short-term volatility and market uncertainties. After rallying to a new all-time high (ATH) of about $109K on Monday during the 2nd inauguration of pro-crypto…

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