MegaETH Mainnet Launch Locked in For Feb. 9

Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use. “Get ready for the fastest EVM chain ever,” MegaETH co-founder and chief technology officer Lei Yang posted to X on Wednesday after the chain was…

US CFTC to Partner with SEC on Agency’s ‘Project Crypto‘

CFTC Chair Michael Selig and SEC Chair Paul Atkins held a joint agency event on Thursday to discuss harmonization on crypto regulation. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced that the agency would join the efforts of the Securities and Exchange Commission’s Project Crypto. In remarks prepared for an SEC-CFTC…

Analysts Say This Must Happen for Bitcoin to Take Out $90K Resistance

Bitcoin’s (BTC) pre-FOMC rally on Wednesday stalled at $90,000 amid stiff overhead resistance and weak ETF demand. Still, several data points suggested that upward momentum may increase once the BTC/USD pair breaks above $93,000. Key takeaways: BTC bulls must flip the $90,000-$93,000 range into new support. Spot ETF outflows are stabilizing, suggesting a reduction in…

OSL Group Raises $200M to Expand Stablecoin, Payments Business

OSL Group has raised $200 million in equity financing as it steps up plans to expand its stablecoin trading and payment businesses globally. The Hong Kong–listed digital asset company said the capital injection will strengthen its balance sheet and support growth across regulated digital payment and settlement services, according to a Thursday announcement. “The market…

Bitcoin Risks a Trip to “Bearadise” at the Hands of a Manipulative Entity

Bitcoin (BTC) lingered beneath $88,000 into Thursday’s Wall Street open as attention switched to order-book manipulation. Key points: Bitcoin is facing fresh attempts to manipulate short-term price action, says analysis. Order-book data flags key support and the risk of a trip to “Bearadise” if it fails to hold. Wyckoff BTC price bottom calls grow more…

CoinDesk 20 performance update: index drops 2.3% as all constituents trade lower

Avalanche (AVAX) declined 4.4% and Polkadot (DOT) fell 4.1%, leading index lower. Source link

Dakota Launches Stablecoin Platform for Enterprise Payments and Treasury

Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and regulatory burden of custody and compliance. Dakota will handle custody, compliance and settlement on behalf of its clients. CEO Ryan Bozarth told Cointelegraph that the company operates in the US as a…

How Low Can ETH Price Go in February?

ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control. Ether (ETH) is now more than 14% below its local peak near $3,400, underscoring the sellers’ tenacity above $3,000. A bearish technical setup suggests the pressure may extend into February. Key takeaways: ETH…

South Korea Tightens Crypto Licensing, Expands Shareholder Checks

South Korea’s National Assembly has approved an overhaul of the country’s crypto licensing regime, tightening entry requirements for virtual asset service providers (VASPs) and expanding scrutiny to include controlling shareholders. On Thursday, lawmakers passed an amendment to the Act on Reporting and Using Specified Financial Transaction Information, a cornerstone of Korea’s Anti-Money Laundering (AML) framework…

Bitcoin Could Catch Up to Gold’s Rally Due to These Key Differences

Bitcoin has been called “digital gold,” and some of its key properties may help BTC rally more than the precious metal in percentage terms. Bitcoin (BTC) has vastly underperformed gold (XAU) in the past year, dropping by 13.25% compared with the precious metal’s almost 100% rally. Can BTC catch up to gold’s gains? Key takeaways:…