Crypto asset manager Grayscale has launched its latest exchange-traded fund with a focus on Bitcoin mining companies. On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS...
Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Plaintiff Diego Aguilar alleges financial losses from meme coins FWOG, FRED, and GRIFFAIN, promoted with promises of exponential returns. Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token...
Czech Point: Prague Central Bank Wants Bitcoin, Lummis Freaks Out
Czech National Bank (CNB) governor Aleš Michl told FT, "For the diversification of our assets, bitcoin seems good." The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the Financial Times...
Elon Musk’s Father Plans $200M Raise with MUSKIT Meme Coin as Solaxy Nears $17M in Presale
Crypto investors can’t get enough of celebrity-backed tokens. Errol Musk, father of Elon, is the latest to get involved in this trend. He plans to raise $200 million with the MUSKIT meme coin – and the coin’s price has already reacted positively. This news comes as the new meme project...
Pepe Posts 9% Gain as MIND of Pepe Presale Nears $5M
The meme coin market is coming back to life. Pepe (PEPE), everyone’s favorite frog coin, has seen a 9% surge in the past 24 hours. Capitalizing on this “Pepe-mania” is the new MIND of Pepe (MIND) project – an AI agent that’s raised nearly $5 million in presale funding. PEPE...
Kraken Relaunches Crypto Staking in the US, Expanding Access to 37 States
Kraken's staking relaunch currently supports 17 crypto assets and plans to expand access as regulations permit more states to participate. Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories. Starting January 30th, eligible users can stake select cryptocurrencies...
How Will Markets React as $10B in Crypto Options Expire Today?
Friday is here again, and it is the end of the month, which means a bumper Bitcoin options expiry event. Around 80,000 Bitcoin options contracts will expire on Friday, Jan. 30, and they have a notional value of roughly $8.36 billion. This week’s expiry event is a large one because...
How Supply Distribution Trends Can Affect Bitcoin’s Price, According to Santiment
42.26 million wallets held less than 0.01 BTC as of today. As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price movement. Supply distribution data shows how different groups of...
Crypto Community Protests MIT’s Rehiring of Gary Gensler
Tyler Winklevoss vows Gemini won’t hire MIT graduates as long as Gensler remains, calling his SEC tenure detrimental to the crypto industry. Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught...
Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M
Despite abandoning most of their 18K meme coins, this Pump.fun user achieved a 55.57% win rate, netting $3.76 million. A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual...
