Category: News

Ethereum is Linux for the Open Internet of Value

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The Ethereum network, a decentralized layer-1 blockchain that executes smart contracts, is analogous to the open-source operating system Linux, according to Ethereum co-founder Vitalik Buterin.  Linux and Ethereum are both open source and feature custom-tailored implementations. Linux achieves this through developers building custom modifications of software, while Ethereum does it through its layer-2 (L2) scaling networks, Buterin said. Linux has provided value to “billions” of individuals, enterprises and state governments “without compromising” on its open source ethos or decentralization, Buterin said, adding:  “We must make sure that Ethereum L1 works…

How XRP Ledger Becomes The Leading Blockchain In 2026: CEO

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A longtime XRP Ledger builder says XRPL has a narrow shot in 2026 to jump into the top tier of chains on liquidity and activity, but only if Ripple and the XRPL Foundation stop “playing it safe” and prioritize frictionless consumer onboarding, real-world payment rails, and a faster, more aggressive funding engine. Why 2026 Needs To Be The Year For XRP Panos Mekras, founder of Anodos Finance, wrote on X that the network’s current metrics are a warning sign: “only a few thousand active users,” daily DEX volume “frequently under…

Polymarket User Profits And Disappears After Big Maduro Bet

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A Polymarket account that earned about $400,000 from a controversial and well-timed bet on the capture of then-Venezuelan President Nicolás Maduro is no longer accessible on the platform. The Polymarket page for account “0x31a56e,” which placed about $32,000 on Maduro’s removal as president just before news emerged of his capture by US military and law enforcement, now returns a dead link, Cointelegraph has confirmed. As of Thursday about 1:00 p.m. UTC, the page showed an error saying “Oops… we didn’t forecast this,” while other users’ pages remain accessible. The development…

Corporate treasuries are getting Bitcoin wrong

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Recent conversations across the digital asset ecosystem — involving public-company executives, crypto infrastructure builders, professional investors, and regulators — point to a notably pragmatic shift. The focus is moving away from short-term price movements and toward how digital assets are beginning to reshape corporate finance. What became clear is that corporate treasuries are approaching an inflection point. Summary Corporate treasuries are shifting from speculation to integration: Bitcoin…

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…

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…

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…