Day: January 8, 2026

Tether Launches Scudo for Simplified Gold Transactions on Blockchain

Rebeca Moen Jan 08, 2026 14:11 Tether introduces Scudo, a new unit for Tether Gold (XAU₮), aiming to simplify gold transactions and enhance accessibility in the digital economy. Tether has unveiled Scudo, a novel unit of account for its Tether Gold (XAU₮) token, as announced on January 6, 2026. This initiative aims to reinstate gold as a practical means of payment, making it more accessible amid soaring global interest and record-high prices, according to Tether. Gold’s Rising Prominence In 2025, gold prices…

Davinci Jeremie bought Bitcoin at $1… but $100K BTC doesn’t excite him

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Bitcoin OG Davinci Jeremie is best known for buying Bitcoin in 2011 at $1, so it may come as a surprise that he barely seemed to care when the asset’s price reached $100,000. A 100,000x return would have most people jumping up and down with joy, but Jeremie was already fully content seven years earlier. “The major change for me came at $20K, so after that, I pretty much stayed the same,” Jeremie tells Magazine. Bitcoin reached $100,000 in December 2024, pretty much bang on seven years after it first…

XRP Retrace Is Only Temporary, What Happens Once the Uptrend Resumes

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XRP’s price action has transitioned into a falling phase after a multi-day rally at the start of the year, but technical analysis implies this may be part of a bullish structure.  After climbing from below $2 on January 1 to $2.41 on January 6, the market has begun digesting those gains. Now, the outlook is whether short-term Fib price levels can hold as momentum resets, with the next directional move expected to define XRP’s near-term trajectory. XRP’s Rally Sets Context For Current Pullback XRP’s current price action in the past…

India’s Tax Authorities and Central Bank Raise Crypto Concerns

Key Notes Indian tax authorities stated that the borderless nature of cryptocurrencies make tracking, taxation, and enforcement difficult. The Finance Ministry, FIU, and Income Tax Department are aligned on increasing oversight of decentralized platforms. India continues to impose a 30% flat crypto tax and 1% TDS, one of the largest in the world. Ahead of India’s February 2026 Union Budget, tax authorities raised concerns over crypto assets, aligning with the Reserve Bank of India (RBI). The warning discusses the enforcement challenges faced by the authorities that could undermine the government’s…

Money Man – Blockchain (Official Visualizer)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Listen to the album “Blockchain”. Out now! Stream: #MoneyMan #Blockchain #BlackCircle Official Visualizer by Money Man from the album “Blockchain” © 2021 Black Circle / EMPIRE ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

BlackRock Buys $878M in Bitcoin Over 3 Days

Key Notes BlackRock absorbed over $1 billion in Bitcoin and Ether in three days. The largest buys hit near $90K BTC. Accumulation is visible, but breakout confirmation depends on BTC holding $90K. BlackRock added 9,619 Bitcoin BTC $89 917 24h volatility: 2.3% Market cap: $1.80 T Vol. 24h: $48.77 B worth about $878 million and 46,851 Ether ETH $3 095 24h volatility: 3.8% Market cap: $373.35 B Vol. 24h: $25.75 B worth about $149 million across three straight days. The combined total stands near $1.03 billion, based on on-chain tracking…

Florida Revives Bitcoin Crypto Reserve Bill After Earlier Pushback

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Florida lawmakers are advancing a proposal that would allow the state to create a strategic cryptocurrency reserve, narrowing earlier efforts to a framework that would effectively limit holdings to Bitcoin. According to Florida’s legislative records, Senate Bill (SB) 1038, sponsored by Republican Senator Joe Gruters, was filed on Dec. 30 and was referred to the Appropriations Committee on Agriculture, Environment, and General Government on Wednesday, where it must clear hearings and votes before advancing to the Senate floor.  The bill would establish a Florida Strategic Cryptocurrency Reserve, managed by the…

Binance Launches TradFi Perpetuals Contract for Gold and Silver

Key Notes Binance introduces TradFi perpetual contracts linked to gold and silver, settled in USDT. Contracts trade 24/7 with pricing controls when traditional markets are closed. Products are offered under Abu Dhabi Global Market regulatory oversight. Binance TradFi Perpetuals entered the market this week as the exchange rolled out new futures contracts tied to gold and silver. This product will give users a way to trade traditional assets through crypto-style derivatives. The launch marks Binance’s first step into regulated non-crypto perpetual contracts. Binance TradFi Perpetuals Open Gold and Silver Trading…

Binance Debuts Gold, Silver Perps, USDT TradFi Settlement Stablecoin

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Binance has launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets. Binance said Thursday it has introduced gold and silver perpetual futures that allow investors to trade the metals around the clock without an expiration date. The contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders onchain access to price movements in precious metals rather than direct ownership of the underlying assets. The new products, listed as XAUUSDT and XAGUSDT,…