Day: January 9, 2026

82 Trillion Deposits Threaten To Crash SHIB Price

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On-chain data show a significant amount of Shiba Inu still held on exchanges, putting the SHIB price at risk of a decline due to sell-offs. This comes amid a positive increase in net flows, indicating that more coins are flowing into exchanges, likely to offload them.  SHIB Price At Risk With 82 Trillion Shiba Inu On Exchanges CryptoQuant data shows that the Shiba Inu exchange reserve is at 82 trillion coins. This indicates higher selling pressure, especially as the value has risen from around 81 trillion at the start of…

CLARITY Act Needs Bipartisan Support in Senate Banking Committee: Analyst

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The passage of the Digital Asset Market Clarity Act of 2025, also known as the CLARITY market structure bill, hinges on bipartisan support in the United States Senate Banking Committee, according to Alex Thorn, head of research at crypto investment firm Galaxy. Typically, the Senate needs at least 60 votes to advance legislation, and Republicans need seven to 10 Democrats to vote yes on the CLARITY Act, Thorn said on Friday. If Republicans can secure four votes from Democrats on the Senate Banking Committee, it is “likely” that all 17…

BNY Rolls Out Tokenized Deposits for Near Real-Time Institutional Settlement

Key Notes The platform creates 1:1 digital representations of existing deposits without issuing new money or bypassing regulations. Clients can transfer mirrored balances instantly to meet margin calls, eliminating legacy batch processing delays. BlackRock and Standard Chartered pursue similar tokenization strategies as RWA adoption accelerates industry-wide. BNY, one of the largest global financial services platforms with over $55 trillion in assets, has launched a tokenized deposit capability on its Digital Assets platform. This new feature mirrors institutional clients’ existing cash balances on a private blockchain. It enables near-real-time settlement. The…

Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

US Lawmaker Introduces Bill to Ban Politically-Related Prediction Bets

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New York Representative Ritchie Torres, with the backing of more than 30 other Democrats in the House of Representatives, has introduced legislation following a Polymarket user netting $400,000 on a bet related to the removal of then-Venezuelan President Nicolás Maduro.  In a Friday notice, Torres said he had introduced the Public Integrity in Financial Prediction Markets Act of 2026. According to the New York representative, the bill would prohibit “federal elected officials, political appointees, Executive Branch employees, and congressional staff from buying, selling, or exchanging prediction market contracts tied to…

Crypto Traders Turn to Bots in Sideways Markets, HTX Says

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Cryptocurrency traders increasingly leaned on automated strategies in 2025 as volatile but largely range-bound markets made directional bets harder to sustain, according to a year-end recap from HTX. The Seychelles-based exchange, formerly known as Huobi, said the trend was most visible in the growing use of grid-based trading bots on its spot platform. According to HTX, grid trading volume rose 97% year over year in 2025, while capital allocated to grid strategies doubled. The increase was especially pronounced in stablecoin pairs, where grid trading volume rose 352% year over year, compared…

Coinbase’s John D’Agostino on bitcoin: Retail sentiment is catching up to institutional momentum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io John D’Agostino, Coinbase head of institutional strategy, joins ‘Squawk Box’ to discuss the latest bitcoin price trends, what’s behind the latest rally, impact of the capture of Venezuelan President Maduro on cryptocurrency, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the go with CNBC+: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price…

OKX Cuts Third of Institutional Staff in Major 2026 Restructuring

Key Notes The exchange is transitioning to a traditional institutional coverage model focused on strengthening client relationships across different regions. OKX maintains its position as the fourth-largest spot exchange and second in derivatives volume despite workforce reductions. The restructuring coincides with license reviews across multiple markets and the recent departure of its head of finance. Cryptocurrency exchange OKX has made changes to its institutional business as part of a global restructuring, reportedly laying off between 30 to 50% of its staff. OKX continues to rank strongly in spot and derivatives…