Momentum behind US crypto market structure legislation is slowing as divisions deepen between banking interests and the digital asset industry. Lawmakers are signaling that an upcoming Senate review of the proposed framework may be postponed, reflecting unresolved disagreements over key provisions affecting stablecoins and decentralized finance. Senate Banking Committee Delay Appears Increasingly Likely According to recent comments from Lummis US senator, the Senate Banking Committee is expected to delay its scheduled markup of the market structure bill. The decision would give lawmakers more time to address concerns raised during negotiations, particularly after a major crypto exchange withdrew its backing. The…
Author: Bitxjournal Team
Progress on comprehensive US crypto regulation slowed after the Senate Banking Committee canceled a scheduled markup of a key digital asset bill. Lawmakers signaled that additional bipartisan negotiations are required before the legislation can move forward, underscoring ongoing divisions over how crypto markets should be regulated. Crypto Bill Markup Postponed Amid Ongoing Talks The markup, originally planned for Thursday, was delayed as committee leadership emphasized the need to secure broader political backing. Senate Banking Committee Chairman Tim Scott confirmed that negotiations are still underway, involving lawmakers from both parties as well as representatives from the crypto and financial sectors. According…
Solana Mobile is preparing a large-scale community distribution as it moves to expand its mobile-focused blockchain ecosystem. The company has confirmed that billions of Seeker (SKR) tokens will be distributed to eligible users and developers next week, marking one of its most significant incentive programs to date. According to the announcement, nearly 2 billion SKR tokens will be released in the first airdrop phase on January 21. Of this amount, 1.8 billion SKR will be allocated to more than 100,000 Solana Mobile users, while 141 million SKR will go to 188 mobile app developers building within the ecosystem. The airdrop…
Germanys DZ Bank has reached a major regulatory milestone after securing approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The license allows the banking group to move forward with its long-planned digital asset strategy through its new platform, meinKrypto, opening the door for regulated crypto access within the cooperative banking sector. MiCA License Strengthens DZ Bank Crypto Strategy Approval from Germany’s financial regulator enables DZ Bank to operate crypto infrastructure in line with the EU’s unified framework. This development marks a shift from preparation to execution, as MiCA replaces fragmented national rules with a single regulatory standard. With…
A diversified allocation combining bitcoin and gold has delivered stronger risk-adjusted returns than traditional portfolios, reinforcing the case for alternative hedges amid rising debt and long-term currency concerns. New portfolio analysis shows that blending the two assets can improve performance without exposing investors to excessive volatility. Balanced Hedge Strategy Shows Superior Results The research examined portfolio performance over the past decade and found that a 15% combined allocation to bitcoin and gold produced a Sharpe ratio of 0.679, nearly three times higher than the 0.237 Sharpe ratio recorded by a conventional 60/40 stock-and-bond portfolio. A portfolio holding gold alone also…
Internet Computer (ICP) posted a sharp rally over the past 24 hours, climbing roughly 12% as strength across bitcoin and major altcoins reignited broader market momentum. The move comes as risk appetite improves, drawing fresh capital into high-beta digital assets. ICP pushed decisively higher after breaking above short-term consolidation levels, extending gains toward the $4.15 area. The surge followed a clear expansion in trading volume, signaling strong participation rather than a thin liquidity move. Price reclaimed key intraday resistance zones that had capped upside through late December, marking a notable shift in near-term structure. The advance in ICP coincided with…
Bitcoin price action pushed toward $97,000, marking fresh eight-week highs, even as higher-than-expected US Producer Price Index (PPI) data signaled persistent inflationary pressure. The move highlights Bitcoin’s growing divergence from traditional markets, with US equities showing more caution following the inflation release. November PPI figures came in above expectations, reinforcing concerns that inflation remains sticky. At the same time, no ruling was issued on US international trade tariffs, removing immediate clarity for risk markets. Despite these headwinds, Bitcoin maintained bullish momentum, suggesting traders are increasingly focused on crypto-specific dynamics rather than short-term macro noise. From a technical perspective, analysts note…
The UK government has reversed course on plans to make a mandatory digital ID a requirement for employment checks, following intense public and political opposition. Privacy concerns and fears of expanded state surveillance played a central role in reshaping the policy. Digital ID Plan Dropped After Public Opposition Prime Minister Keir Starmer’s government has scrapped proposals that would have required workers to verify their right to work using a centralized government-issued digital ID, instead of traditional documents such as passports. Critics argued the system risked creating an overcentralized database of sensitive personal information, vulnerable to misuse and cyberattacks. Opposition came…
Blockchain project MANTRA has announced a company-wide restructuring that includes staff reductions, as prolonged market pressure continues to weigh on its ecosystem. The move comes amid a sharp decline in network activity and sustained weakness in the price of its native OM token. MANTRA Announces Staff Cuts Amid Cost Pressures MANTRA’s confirmed layoffs across multiple departments, citing an unsustainable cost structure following market challenges that began in 2025. Teams such as business development, marketing, and human resources were among the most affected. The restructuring is aimed at improving capital efficiency and ensuring the project can continue operating in a highly…
Dogecoin recorded a sharp upside move, rising close to 9% to trade around $0.14, ending a prolonged downtrend that had pressured prices for weeks. The breakout was supported by elevated trading activity, signaling a meaningful shift in short-term market structure rather than a low-liquidity spike. DOGE climbed from the mid-$0.13 area and decisively pushed above a descending trendline that had rejected multiple recovery attempts throughout December. The $0.138–$0.140 zone, previously acting as resistance, has now turned into an important support area. Price action shows buyers stepping in on pullbacks, suggesting growing confidence at higher levels. The rally coincided with a…