Rhode Island Reintroduces Bitcoin Tax Exemption Bill

Rhode Island lawmakers have introduced a bill that would temporarily exempt small-scale Bitcoin transactions from state income taxes, marking the second consecutive year legislators have proposed the measure as somewhat of a pilot program to reduce tax friction on everyday Bitcoin use.

Senate Bill S2021, introduced on January 9 by Senator Peter A. Appollonio and referred to the Senate Finance Committee, would create a limited income tax exemption for Bitcoin transactions conducted by Rhode Island residents and Rhode Island–based businesses. 

Under the proposal, Bitcoin sales or exchanges would be exempt from state income and capital gains taxes up to $5,000 per month, with a…

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Bitcoin At $95,000 As Ethereum, XRP, Dogecoin Jump 5% As ETF Inflows Surge

Bitcoin traded near $95,000 as overall market sentiment rose to a neutral reading of 52.

Bitcoin ETFs saw $753.7 million in net inflows on Tuesday, while Ethereum ETFs reported $130 million in net inflows.

It’s Time For Bitcoin!

Income Sharks noted that BTC has dipped below its difficulty-based valuation model only a few times in history, most notably near the $15,000 cycle low and again last April.

Each instance coincided with significant inflection points, suggesting either the model has failed or a sharp repricing move is approaching.

Crypto trader Jelle said Bitcoin’s reclaim of $95,000 after nearly two months of consolidation is constructive.

Holding above prior local highs could clear…

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Crypto Custodian Company BitGo Targets Nearly $2 Billion Valuation In NYSE IPO – Circle Internet Group (NYSE:CRCL)

Cryptocurrency custodian company BitGo Holdings Inc. is aiming for a valuation of nearly $2 billion for its upcoming initial public offering.

Another Crypto Company On Wall Street?

The California-headquartered company and its existing shareholders will offer a combined total of roughly 11.8 million Class A shares, with each share priced between $15 and $17, per a Monday filing with the SEC.

Additionally, the company intends to grant the underwriters a 30-day option to purchase up to an additional 1,770,000 shares of Class A common stock.

On the completion of the offering, the company will have 115,559,776 shares outstanding, including 8,855,382 shares of Class B common stock. At an…

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Ethereum Should Strive To Become ‘Cryptographically Safe’ For 100 Years, Says Vitalik Buterin: Resist The Trap Of ‘Ekeing Out More Efficiencies’ – Grayscale Ethereum Staking Mini ETF Shares (ARCA:ETH)

Vitalik Buterin called for the swift deployment of quantum-resistant technology for Ethereum (CRYPTO: ETH) on Monday, emphasizing its importance for long-term cryptographic safety.

Is Efficiency Worth Sacrificing For Security?

Buterin took to X to voice his concerns about delaying quantum resistance in the name of efficiency.

“We should resist the trap of saying ‘let’s delay quantum-resistance until the last possible moment in the name of eking out more efficiencies for a while longer,’” the cryptocurrency mogul argued.

Buterin noted that while individual users can choose whether to adopt the new standard, the implementation must happen at the protocol level.

“Being able to…

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Dogecoin, Shiba Inu Extend New Year Gains, But These Memecoins Have Stolen The Show In 2026 – Grayscale Ethereum Staking Mini ETF Shares (ARCA:ETH)

Memecoins rode the broader cryptocurrency market rally on Tuesday, extending their impressive run this year.

Memecoins Rejoice On Crypto Bill Progress

Frog-themed Pepe lifted over 18%, claiming the top spot among large-cap gainers. The Ethereum (CRYPTO: ETH)-based memecoin has rallied nearly 70% since the beginning of the year.

Solana (CRYPTO: SOL)-based Bonk (CRYPTO: BONK) followed Pepe with a 14% uptick, stretching its year-to-date returns beyond 56%.

Dogecoin, the world’s largest memecoin, joined in, rallying over 8% in the last 24 hours, while Shiba Inu (CRYPTO: SHIB) lifted 5.80%. The two heavyweights are up more than 25% year to date.

CryptocurrencyGains +/-Price (Recorded at… Read more on Benzinga

Bitcoin Price Rockets Past $96K As Strategy ($MSTR) Jumps 8%

The Bitcoin price surged through the $96,000 level this afternoon, pushing decisively above a key resistance zone and signaling a renewed wave of bullish momentum after weeks of choppy, range-bound trading.

At the time of writing, the bitcoin price is trading around $96,000 up roughly 4.4% over the past 24 hours, according to market data.

The breakout marks a clear move beyond the upper boundary of January’s consolidation range. Bitcoin price is now hovering near its weekly highs, sitting approximately 5% above its seven-day low near $91,700, as buyers regain control of short-term market structure.

All this is happening as the US Senate Agriculture Committee has delayed its…

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Dogecoin Gets Bitcoin Status In Senate Bill—DOGE, SHIB Rally 5%

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) rallied 5% on Tuesday after the Senate Banking Committee released a draft bill that would give DOGE the same regulatory treatment as Bitcoin (CRYPTO: BTC)—classifying it as a commodity rather than a security.

Senate Bill Gives DOGE Same Status As Bitcoin

The draft bill’s key provision is simple: because a Dogecoin ETF was already trading on a major exchange before January 1, DOGE automatically qualifies for “non-ancillary asset” status. 

This means DOGE escapes SEC securities rules and registration requirements that other crypto projects face.

Exchanges like Coinbase can now list DOGE without securities law risk. 

Asset managers…

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XRP, Solana, Mid-Caps Show Relative Strength: Is A Rally Loading?

Cryptocurrencies underperformed during an otherwise risk-on week, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) stuck in tight consolidation ranges even as select altcoins showed relative strength.

What Happened: According to Wintermute’s January 2026 market update, the divergence came despite a broad rally across traditional assets. The Russell 2000 jumped 4.6%, while equities, gold and U.S. Treasurys all gained amid a softer dollar. Bitcoin slipped 0.6% on the week and Ethereum fell 0.7%, making crypto one of the few asset classes to finish lower.

The weakness appeared driven by crypto-specific flows rather than macro conditions. Bitcoin briefly rallied from the high-$80,000s to…

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