DeepNewz

TradFi & Fintech
Italy's Largest Bank Makes Spot Bitcoin Purchase, Prepares for Demand from High-Net-Worth Clients
Italy's largest bank has made a spot Bitcoin purchase, signaling its readiness to meet increasing demand from high-net-worth clients

People
SEC Chair Gary Gensler Labels Bitcoin Speculative in CNBC Exit Interview, Cites 7 Billion Traders
In an exit interview on CNBC, SEC Chair Gary Gensler described Bitcoin as a highly speculative asset but noted that 7 billion people want to trade it

Blockchains
Polygon Launches Season 2 of Community Grants Program With 35 Million POL for AI, DePIN, and Memecoins
Polygon has announced the launch of Season 2 of its Community Grants Program (CGP), offering a total of 35 million POL in funding for innovative projects

DeFi
Circle's 2025 Report: USDC Circulation Up 78% to $46B, Trails Tether's $137B, Serves 500M Users
Circle's 2025 State of the USDC Economy Report reveals that the circulation of USD Coin (USDC) grew by 78% year-over-year in 2024, outpacing other major global stablecoins

TradFi & Fintech
JPMorgan Forecasts Solana and XRP ETPs Could Attract $3-$8 Billion and $4-$8 Billion, Trading at $185.81 and $2.53
JPMorgan Chase has forecasted that exchange-traded products (ETPs) for Solana and XRP could attract between $3 billion and $8 billion in net inflows if approved by the SEC

Regulation & Politics
Japan, U.S., and South Korea Warn of North Korea's $235 Million Cryptocurrency Theft from WazirX
On January 14, 2025, the governments of Japan, the United States, and South Korea issued a joint statement addressing the issue of cryptocurrency theft attributed to North Korea

Regulation & Politics
Bank of England to Assess Digital Pound After Design Phase, Launch Digital Pound Lab in Next Couple of Years
The Bank of England (BOE) has announced that no decision has been made regarding the implementation of a digital pound

Markets
Bitcoin Surges Past $97,000 After Reclaiming $96,000, Eyes $100,000
Bitcoin's price has experienced a notable recovery, surpassing $97,000 as of January 14, 2025

Regulation & Politics
Third Circuit Court Rules SEC's Denial of Coinbase Petition 'Arbitrary and Capricious'
Coinbase has secured a partial victory against the SEC

CeFi
2024 CEX Report: Binance's Spot Share Drops to 39%; Trading Volume Surges 139% Amid $3 Trillion Market Cap
The 2024 Centralized Exchange (CEX) Annual Report indicates a surge in crypto trading volumes, with spot trading increasing by 139% and derivatives trading rising by 91% compared to 2023





