Elizabeth Warren Presses SEC Over Trump’s Crypto 401(k) Plan—Here’s The Conflict

Senator Elizabeth Warren (D-Mass.) demanded answers from SEC Chair Paul Atkins on how the agency will protect retirement savers after President Trump cleared the way for crypto in 401(k) plans, warning Trump’s family made $1.2 billion from crypto since taking office.

Warren Says Trump’s Crypto Push Creates Conflict Of Interest

Warren on Monday sent a letter to Atkins as the Senate Banking Committee negotiates crypto market structure legislation, warning the bill as currently drafted could weaken SEC authority and further expose 401(k)s to volatile crypto assets.

She said Trump’s sudden support for crypto appears driven by his own financial interests. 

Since returning to office in…

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Bitcoin Price Jumps Above $92,500 As CPI Meets Forecasts

The bitcoin price briefly climbed above $92,500 today after U.S. inflation data came in line with expectations as markets assessed the Federal Reserve’s policy outlook and rising political tensions surrounding the central bank.

The consumer price index rose 2.7% year over year in December, unchanged from November and matching economists’ estimates, according to the Bureau of Labor Statistics. 

On a month-over-month basis, headline inflation increased 0.3%, also in line with forecasts.

Core CPI, which excludes food and energy, rose 2.6% from a year earlier, compared with expectations for 2.7% and a prior reading of 2.6%. Core inflation increased 0.2% month over…

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Bitcoin And Gold ETP Launches On London Stock Exchange

21Shares today launched its Bitcoin and gold exchange-traded product, the 21Shares Bitcoin Gold ETP (BOLD), on the London Stock Exchange, expanding the range of crypto-linked investment products available to UK retail investors.

BOLD is the fifth cryptocurrency product from 21Shares to receive prospectus approval from the UK Financial Conduct Authority. It follows the firm’s existing Bitcoin and Ethereum offerings and comes as demand grows for regulated exposure to digital assets through traditional market infrastructure.

The product trades on the LSE in pounds sterling under the ticker BOLD and carries a 0.65% annual management fee, the company said. 

It is fully…

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Spark Explained Like You’re Five

Some of you may remember an article I published years ago, Understanding Lightning Network Using an Abacus, which I wrote after it became clear to me that many people didn’t fully understand how Lightning works. At the time, my goal wasn’t to explain Lightning’s cryptography or implementation details, but to demystify the core idea behind payment channels. I used the analogy of the abacus to focus on the concept rather than the mechanics. It worked extremely well and people later adopted the abacus analogy to explain Lightning to noobs.

Lately, I’ve been feeling a strong sense of déjà vu.

When discussing Spark, I notice a similar pattern. Some know to say “statechain”,…

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Eric Adams Joins Trump, Melania Meme Coins With NYC Token That Crashes 81% In A Day

Former New York City Mayor Eric Adams launched a NYC meme coin on Monday, which surged to a $580 million market cap before crashing 81% to $110 million as a wallet linked to the deployer pulled $2.5 million in liquidity at the peak.

NYC Token Hits $580M Then Collapses In Minutes

Adams unveiled the Solana (CRYPTO: SOL)-based meme coin wearing a Fendi scarf and baseball cap showing the NYC ticker symbol, saying the project would fight “antisemitism and anti-Americanism” while teaching children blockchain technology.

The token rocketed from launch to a $580 million market cap within minutes before plummeting 81% as nearly $500 million in value evaporated. 

Analytics firm Bubblemaps…

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Bitcoin Taps $92,000 As Ethereum, XRP, Dogecoin Trend Higher

Bitcoin is battling for $92,000 as liquidations stand at $180.10 million over the past 24 hours.   

Bitcoin ETFs saw $116.7 million in net inflows on Monday, while Ethereum ETFs reported $5.07 million in net inflows.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTCEthereum(CRYPTO: ETHSolana(CRYPTO: SOLXRP(CRYPTO: XRP)$91,919)$3,131)$141.81              )$2.05

Bitcoin Doing Bitcoin Things!

Daan Crypto Trades said Bitcoin has spent several days consolidating in a tight $90,000–$92,000 range, building liquidity on both sides.

Upside liquidity sits around $92,600–$94,000, while downside liquidity is clustered near $89,800–$88,700. The compression suggests the range is unlikely…

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Eric Adams-Promoted Memecoin Crashes 80% Minutes After Launch, Sparking Rug Pull Allegations Against Former NYC Mayor

A memecoin launched by Former New York City Mayor Eric Adams sparked controversy Monday after it pumped and dumped, inviting allegations of a rug pull.

NYC Token’s Rollercoaster Ride

The NYC Token (NYC) launched on the Solana (CRYPTO: SOL) blockchain to fight what Adams described as growing “antisemitism and anti-Americanism” in the country and in New York City.

The memecoin started with a bang and swiftly gained a market valuation of $540 million, only to crash 80% to $87 million roughly 30 minutes later,  according to Dexscreener data.

As of this writing, the meme coin was valued at $128 million, still 75% below the initial frenzy. 

‘Rug Pull’ Allegations

The dramatic collapse…

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