Senate Republicans Make ‘Closing Offer’ On Crypto Bill

Senate Republicans are reportedly escalating efforts to advance the long-stalled crypto market structure legislation, delivering what they described as a “closing offer” to Democratic negotiators as Banking Committee Chair Tim Scott (R-S.C.) moves toward a committee markup as soon as next week.

Senate Banking Committee Republicans sent a document Monday night outlining a series of proposed changes to the bill ahead of a bipartisan member meeting Tuesday. 

The document, described as a “closing offer and state of play,” includes more than 30 revisions to Title I, which governs the legal classification of digital assets, as well as two new titles focused on investor…

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MSCI Won’t Exclude Bitcoin Treasury Firms Like Strategy From Global Indexes

In a major development for Bitcoin-focused corporations and the broader digital asset ecosystem, global index provider MSCI has concluded its review of digital asset treasury companies (DATCOs) and decided against excluding them from its flagship indexes.

MSCI said the current treatment of affected companies will remain unchanged for now, meaning DATCOs already included in MSCI indexes will stay included as long as they continue to meet existing eligibility requirements. 

The index provider acknowledged feedback from institutional investors expressing concern that some digital asset treasury companies resemble investment funds, which are typically excluded from its… Read more on BitcoinMagazine

Bitcoin Holds $92,000 As Analysts See Market Bottom

Bitcoin hovered near $92,000 on Tuesday as analysts and traders pointed to improving technical and macro signals suggesting the cryptocurrency may have put its brutal fourth-quarter sell-off behind it.

The price action comes after months of volatility that saw bitcoin fall as much as 35% from its October peak above $126,000, amid forced liquidations and selling pressure from long-term holders. While the asset ended December down for a third consecutive month — a historically rare pattern — several analysts argue the setup now favors a rebound.

“We believe with reasonable confidence that Bitcoin and broader digital asset markets have bottomed,” Bernstein analyst Gautam…

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SOL & ADA Are 2025’s Trades—This Privacy Coin Leads The 2026 Narrative

Zcash (CRYPTO: ZEC) is up 780% year-over-year, with Arthur Hayes betting big on privacy coins becoming 2026’s dominant narrative, all the while established altcoins Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) underperform.

Hayes’ Privacy Bet

The former BitMEX CEO said in his latest essay that his fund, Maelstrom, went heavily long ZEC after accumulating positions in Q3 2025, wagering that privacy will emerge as crypto’s dominant narrative this year.

“This year’s dominant narrative will surround privacy. ZEC will become the privacy beta,” Hayes wrote in his latest essay. 

“To obtain outperformance versus Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), I will sell BTC to fund…

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Trump’s ‘10% Gas Price Rule’ Will Decide Bitcoin’s Fate in 2026, Says Arthur Hayes

Bitcoin (CRYPTO: BTC) bull and BitMex co-founder Arthur Hayes says President Trump’s Venezuela move creates a simple trade: if liquidity increases while gas prices stay cheap, Bitcoin moons; if oil spikes, the rally dies.

The 10% Rule That Decides Elections

In his new essay, Hayes explains Trump’s 2026 midterm strategy in simple terms—print massive amounts of money to boost the economy and make voters feel rich, but keep gas prices from spiking so inflation doesn’t alienate them.

The former BitMEX CEO points to the “10% rule” that’s decided past elections: when national average gas prices rise 10% or more in the three months before an election compared to January of that year,…

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Strategy Buys 1,286 BTC, Increases USD Reserve To $2.25B

Michael Saylor’s Strategy, the Tysons Corner, Virginia-based firm formerly known as MicroStrategy, kicked off the new year with another large Bitcoin acquisition, buying 1,286 BTC for approximately $116 million, according to a Monday filing with the U.S. Securities and Exchange Commission (SEC). 

The purchase, made between December 29, 2025, and January 4, 2026, boosts the company’s Bitcoin holdings to 673,783 BTC, valued at around $62.7 billion at current prices.

The latest buy was funded entirely through the proceeds of MSTR Class A stock sales under the company’s at-the-market (ATM) program. The company sold nearly 2 million shares, generating $312.2 million in net…

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The Strategy playbook looks different in 2026

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Strategy has stepped back in as a visible treasury bid for BTC, but with a very different financing backdrop compared to 2024-2025

At the end of December, Strategy raised cash but barely deployed it into BTC. On Dec. 29-31, it sold 1,255,911 MSTR shares for $195.9 million net proceeds, yet bought only 3 BTC. In early January, deployment resumed: Jan. 1-4 saw another 735,000 shares sold for $116.3 million net, and 1,283 BTC bought for $116 million (avg $90,391/BTC), bringing holdings to 673,783 BTC.

The bigger signal sits in the financing backdrop. In 2024 through early 2025, Strategy funded…

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US Debt Hits $38.5 Trillion—Here’s Why That’s Bullish For Bitcoin And Gold

Bitcoin (CRYPTO: BTC) and gold are rallying even as U.S. debt hit a record $38.5 trillion—fueling bets that Washington will lean on the Fed to keep rates low, a setup that historically lifts hard assets.

Debt Hits $38.5 Trillion

U.S. national debt crossed $38.5 trillion on Monday, pushing the debt-to-GDP ratio above 120%.

Interest payments alone now top $1 trillion annually, exceeding defense spending. The surge stems from pandemic-era stimulus and decades of fiscal expansion on infrastructure, military, and social programs.

Over 70% of the debt is owed to domestic lenders, with the rest held by Japan, China, and the United Kingdom.

The $17.3 Trillion Oil Wildcard

President Trump’s…

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Bitcoin Price Jumps 8% Into New Year As Bullish Momentum Builds

Bitcoin began 2026 with some renewed strength, climbing roughly 8% since the start of the year as institutional inflows, derivatives positioning and geopolitical developments have come together to lift sentiment across crypto markets.

The bitcoin price is trading near $94,100 today, reaching levels last seen in early December. The price briefly touched an intraday high of $94,352 after opening the year near $87,400 on Jan. 1, per Bitcoin Magazine Pro data.

As of this morning, bitcoin was changing hands around $94,000, according to market data, putting it within 1% of its recent seven-day high.

The rally pushed bitcoin’s market capitalization to roughly $1.87 trillion, with…

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Morgan Stanley Files With SEC For Spot Bitcoin ETF

Morgan Stanley has filed with U.S. regulators to launch a spot bitcoin exchange-traded fund, marking the first time a major U.S. bank has sought approval to issue an ETF tied directly to the price of bitcoin.

The filing, submitted to the Securities and Exchange Commission, proposes the Morgan Stanley Bitcoin Trust, an exchange-traded fund designed to track the price of bitcoin, net of fees and expenses. 

If approved, the fund would hold bitcoin directly rather than relying on futures, derivatives, or leverage, according to the registration statement.

The move places Morgan Stanley alongside asset managers that have dominated the bitcoin ETF market since regulators approved…

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