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Republican Congressman Warren Davidson delivered a speech on the U.S. crypto tax issue at the U.S. House of Representatives Fundraising Committee today

According to It is known that he has been advocating clearer standards for reporting digital assets and has used today's speaking time to discuss the abolition of Biden's crypto tax requirements.

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Coinbase files to dismiss BiT Global lawsuit over wBTC

The complaint, filed in December 2024, alleged “antitrust injury” from Coinbase over its decision to delist wrapped Bitcoin in favor of promoting its cbBTC product.

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Trump-appointed U.S. Health Minister Kennedy Jr. holds at least $1 million in Bitcoin 💱

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Binance US will launch Official Trump (TRUMP), trading on the TRUMP/USDT pair will begin on January 23 at 6 a.m. EST 💪

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Goldman Sachs CEO: Goldman Sachs still cannot own, dominate or participate in Bitcoin before regulation allows it

When asked whether accepting "Trump's potential strategic Bitcoin reserves will affect the bank's handling of cryptocurrencies," Goldman Sachs CEO David Solomon said: "We have discussed this issue many times and we spend a lot of time on the underlying technology. We are using and testing it to reduce friction in the financial system. This is very important."

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QCP Capital said BTC briefly fell below $106,000 and is currently hovering around $102,000.

Yesterday, the U.S. SEC announced the establishment of a crypto regulatory working group, and market sentiment remains bearish. At the same time, the accidental leak of XRP and SOL futures information on the CME webpage triggered a short-term rebound in the market, with XRP and SOL rising 3.4% and 4.1% respectively. However, CME later clarified that the page was uploaded in error and no decision had been made on the relevant contracts. However, the existence of the page is seen as a signal that the relevant futures will go online. In the derivatives market, the demand for hedging against BTC’s downside risks increased, and the January $95,000 put option attracted attention.

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Premex exchange is suspected to be exploited as large crypto outflows from hot wallets have been recorded.

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U.S. Senator Cynthia Lummis hinted that major news related to Bitcoin will be announced at 10 a.m. ET

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A newly created wallet transferred 10 million USDC from Binance 3 hours ago to buy 3.69 million MELANIA🤕

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China sold its entire 194K BTC stash, seized from PlusToken, despite official claims of transferring it to the national treasury, according to CryptoQuant CEO Ki Young Ju 👀

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🚨 Trump signed an executive order to develop a national digital asset stockpile according to Fox.

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SEC has repealed SAB 121, allowing banks to custody crypto assets 🏦

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Justin Sun: USDD 2.0 has officially launched, and the staking event will begin on February 1st📣

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Scammers Defraud $857 Million by Issuing Fake Leader Tokens Following TRUMP Crypto Craze‼️

➡️ Read Here

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Bitcoin payment startup Breez announced that it has completed a $5 million financing round, with participation from Entrée Capital, ego death capital, Timechain and others.

Breez plans to launch support for new standards such as BOLT 12, and will release a reference application Misty Breez based on a nodeless implementation.

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Bitcoin Price Surges Above $105,000 Briefly

Bitcoin briefly broke through $105,000, currently trading at $104,958, a 24-hour increase of 2.71%

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The supply of Solana-based stablecoins has reached a new all-time high, surpassing $10bn for the first time, with USDC accounting for $8.27bn.

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U.S. cryptocurrency stocks generally rose before the market opened, with MSTR rising 2.9%

According to market data, the U.S. cryptocurrency sector generally rose before the market opened, including: Coinbase (COIN) rose 2%; CLEANSPARK rose 2%; MicroStrategy (MSTR) rose 2.9%; MARA Holdings ( MARA ) rose 1.6%; Riot Platforms (RIOT) rose 2.4%.

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MicroStrategy will buy back $1.05bn worth of bonds maturing in 2027 and settle all conversion requests into MSTR shares.

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