Senator Lummis Urges Banks to 'Embrace' Stablecoins Amid CLARITY Act Stalemate
The Wyoming Senator said stablecoins give banks an “entirely new financial product” as the crypto market structure bill faces a delay. Source: Decrypt
Bitcoin miners IREN, CleanSpark shares plunge as earnings fall short
Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday. Source: Cointelegraph
Kalshi boosts surveillance ahead of Super Bowl with independent committee
Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes amid scrutiny of prediction markets by regulators and Congress. Source: Cointelegraph
Bitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure
Shares fell after both companies reported quarterly revenue below Wall Street expectations as Bitcoin dropped sharply. Source: Decrypt
Crypto sentiment at lowest point since 2022 crash as Bitcoin tanks to $60K
Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed. Source: Cointelegraph
Does Bitcoin's Retreat Signal a New Bear Market for Crypto?
A single-day 14% drop and a drawdown of more than 50% have pushed Bitcoin into territory typically associated with bear markets. Source: Decrypt
BlackRock’s IBIT hits daily volume record of $10B amid Bitcoin crash
Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours. Source: Cointelegraph
OpenAI and Anthropic Roll Out Rival AI Models as Competition for Enterprise Heats Up
OpenAI and Anthropic released new flagship AI models within hours of each other on Thursday, with benchmark results suggesting they’re optimized for different strengths. Source: Decrypt
Strategy records $12.4B loss in Q4, shares dip 17% as Bitcoin tumbles
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings. Source: Cointelegraph
Waymo’s ‘Self-Driving’ Claims Called into Question on Capitol Hill
Senators pressed Waymo over its use of human operators in the Philippines, questioning whether autonomy still means what Waymo says it does. Source: Decrypt