India’s tax authorities flagged risks from offshore exchanges, private wallets and DeFi tools that make tracking crypto income difficult.
Shiba Inu has lost most of its gains in the first trading week on the cryptocurrency market, despite the rally at the end of the year.
XRP ETFs logged their first net outflow day since launch, breaking a multi-week inflow streak after more than $1 billion poured into the funds.
Crypto YouTuber Crypto X AiMann has delivered a clear message to holders of XRP, Stellar’s XLM, and Hedera’s HBAR, urging investors not to sell their positions as market conditions shift. In a recent tweet accompanied by a detailed video breakdown, the analyst describes the current moment as critical, arguing that selling now could result in missed upside as technical and liquidity indicators align across all three assets. The commentary is positioned as a warning rather than a call to exit. According to AiMann, multiple indicators suggest that these assets are entering a phase where upward price movement is increasingly likely, particularly as liquidity cycles begin to turn and institutional interest strengthens. He emphasized that accumulation, rather than distribution, appears to be the prevailing behavior among larger market participants. XRP, XLM & HBAR SELL WARNING!!! (BREAKING NEWS!) $XRP , $XLM , and $HBAR are flashing BUY-NOW signals before the next leg up. Selling now could be the biggest mistake of this cycle. • Liquidity cycles are turning • Institutional narratives are accelerating • New ATHs are… pic.twitter.com/euJTBiGr4A — Crypto X AiMan (@CryptoXAiMan) January 6, 2026 XRP Signals and Price Outlook A central focus of the analysis is XRP, which AiMann stated is currently trading around the mid-$2 range. He highlighted a recurring buy signal visible on long-term charts, referencing previous instances where similar signals preceded sharp upward moves. In his view, this indicator has reappeared at a point that historically has aligned with strong price expansion. AiMann suggested that a move beyond recent highs is achievable, citing prior rallies where XRP advanced rapidly over short timeframes. He argued that the current setup supports the possibility of new all-time highs, with price targets extending well beyond near-term resistance levels if momentum accelerates comparably. XLM and HBAR Positioned for Catch-Up Moves The analysis extended to XLM , which AiMann described as still trading below its historical peak from 2017. He pointed to the same buy signal appearing on XLM’s chart, noting that past activations of this signal coincided with substantial percentage gains. Based on current pricing, he suggested that a return to all-time highs would represent a multi-fold increase, which he believes is achievable within the 2026 timeframe. HBAR was presented in a similar context. AiMann stated that Hedera’s price remains well below its previous peak and that its own buy signal has also turned positive. He referenced earlier cycles where comparable conditions preceded strong upward moves, arguing that a return to prior highs would imply significant upside from current levels. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Longer-Term Valuation Comparisons Beyond short-term signals, AiMann discussed hypothetical valuation comparisons using larger market capitalizations as reference points. He used these comparisons to argue that XRP, XLM, and HBAR remain undervalued relative to their perceived potential. While acknowledging that such scenarios are speculative, he maintained that they illustrate the scale of upside he believes remains possible over the longer term. Overall, the message from Crypto X AiMann is consistent and direct. He views current market conditions as supportive of holding XRP, XLM, and HBAR, stressing that patience through this phase may be critical for investors positioning for the next major advance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP, XLM and HBAR Sell Warning appeared first on Times Tabloid .
Money laundering is a massive global problem estimated at 2-5% of global GDP (up to $2 trillion annually). In response to the situation, regulatory authorities worldwide are developing stringent laws to curb the menace; however, in hindsight, the regulations may present a significant challenge for legitimate FinTechs looking to scale their operations. In this article, we examine why Canada has become a strategic launchpad for FinTech and crypto founders, and how executive teams can leverage AML Incubator to mitigate regulatory friction, accelerate market entry, and scale confidently globally. Why AML compliance defines the next phase of FinTech and crypto growth For founders and executive teams, AML compliance is no longer a legal afterthought—it has become a defining factor in whether a FinTech or crypto company can bank, raise capital, and scale internationally. In 2025 alone, the FATF rewrote Recommendation 16, the EU’s new AML Authority (AMLA) began direct supervision, and the U.S. Corporate Transparency Act finally took effect. The cost of getting compliance wrong is no longer theoretical; it is a tangible reality. For leadership teams, enforcement actions may translate directly into frozen operations, loss of partners, delayed expansion, and long-term reputational damage. The EU AMLA, for instance, dictated higher fines for repeat offenders. In Canada, Cryptomus, a cryptocurrency payment gateway, was fined C$177 million for failing to report suspicious transactions and ignoring transactions related to Iran. These developments raise the need for strong compliance foundations among financial institutions. Canada’s emerging position as a global launchpad for FinTech and crypto Canada is showing strong interest from venture capital and private equity investors. In 2024, a record total of US$9.5 billion was invested in Canadian FinTechs. In the first half of 2025, US$2.4 billion was invested in the same space. The country’s legal certainty, faster registration, and transparent law are primary enablers for regulated global FinTech and crypto companies. The country was among the first G7 countries to recognize crypto dealers and exchanges as Money Service Businesses (MSBs), offering legal clarity from an early stage. From a founder’s perspective, Canada’s biggest advantage is regulatory simplicity: a single federal AML registration enables national operations, faster banking relationships, and a more straightforward path to international expansion. Once registered, executive teams can benefit from a predictable compliance framework, which reduces uncertainty, avoids fragmented provincial oversight, and minimizes delays that often stall early-stage growth. With the registration, companies can operate freely across all provinces in the country. FinTechs involved in the payments industry can also register under the Retail Payment Activities Act (RPAA) to access additional risk frameworks and oversight from the Bank of Canada. Canada is also a country committed to startup growth with programs that support: Scientific research and development through tax credits and grants Visa and immigration pathways for tech talent The country also boasts a receptive population with 98% access to financial services, as well as strong adoption of artificial intelligence and regulatory technology. Understanding AML compliance requirements in Canada The Money Services Business (MSB) framework For founders, being classified as a Money Service Business (MSB) determines how quickly the company can launch, which banking partners it can access, and how investors assess regulatory risk. Organizations classified under this bracket include currency exchange providers, crypto exchanges, check-cashing services, brokers, and remittance companies. FINTRAC oversight provides something investors and banking partners value highly: regulatory legitimacy. For leadership teams, this translates into easier onboarding with financial institutions and stronger long-term credibility. Regulatory oversight promotes financial integrity, prevents economic destabilization, and safeguards reputational damage, thereby fostering investor trust. Full overview of MSB categories For executive teams, understanding MSB categories is less about operational details and more about ensuring proper classification from the outset—misclassification can delay launch, trigger remediation, or expose founders to enforcement action. Foreign exchange dealing Foreign exchange dealing involves the exchange of a national currency for another, such as the exchange of the United States dollar for the Canadian dollar. These businesses must comply with AML requirements, which include reporting suspicious transactions to authorities. Money remittance These are businesses that facilitate domestic or international fund transfers. Think of companies like Western Union. Money remittance also covers credit or debit card payments when the beneficiary has an agreement with the payment service provider (PSP) that allows card-based payments for goods or services. Virtual currency dealers Canada has long identified virtual currencies, such as cryptocurrency dealers, as MSBs. The highly anonymous nature of cryptocurrencies makes them a target for fraudsters; therefore, they must comply with enhanced AML requirements, including transaction monitoring and reporting. Cheque cashing You are an MSB if you cash cheques for clients in exchange for funds without necessarily requiring a bank account. Operators are required to perform customer verification checks and maintain transaction records. Armoured car activities These are businesses involved in the transportation of negotiable instruments, such as currency, money orders, or travelers’ checks. Crowdfunding platforms Crowdfunding platforms raise money by getting funds or virtual currency for a cause from a large number of people. The use of the funds can vary, including funding for education, healthcare, or animal welfare. Businesses leverage crowdfunding platforms to raise funds and connect with potential investors. Payment processing /merchant settlement These are businesses that issue or sell money orders, traveler’s checks, or other payment instruments. Regulatory requirements include maintaining transaction logs, customer due diligence (CDD), and adhering to AML regulations. Additional Regime: Retail Payment Activities Act (RPAA) FINTRAC and the Bank of Canada (BoC) are two regulators in Canada that regulate MSB activity. While FINTRAC acts as the AML watchdog, BoC acts as the payments regulator. Actions classified as payment actions include: Holding funds Initiating payments Authorizing payments Clearing or settling retail payments Providing payment interfaces For founders operating payment products, RPAA registration has a direct impact on operational resilience. Failure to meet governance and safeguarding expectations can result in remediation orders, service interruptions, or forced pauses in growth. RPAA requirements elevate risk ownership to the executive level, making early access to experienced risk leadership critical for uninterrupted operations. Many FinTechs fall under both regimes; for instance, a crypto exchange or remittance app is an MSB under FINTRAC for AML rules and a payment service provider (PSP) under RPAA for their payment functions. The core problem: Compliance complexity slowing innovation Navigating regulatory compliance for any business can be a daunting task. Regulators require compliance from the outset, and without the proper expertise, this can result in wastage of valuable company resources that would otherwise be used to advance the business. 1.Cost of in-house compliance teams For early-stage companies, hiring full-time compliance executives can add significant fixed costs before revenue stabilizes—forcing founders to choose between growth and regulatory coverage. Outsourcing helps eliminate the need for full-time compliance hires at a fraction of the cost. 2. Fragmented global regulatory requirements Regulatory frameworks vary across borders; in many instances, the requirements can be inconsistent or conflicting for the same activity. In practice, companies are forced to navigate these murky waters, a process that can be complex. 3. Difficulty scaling AML frameworks across markets Scaling startups into global brands carries the risk of non-compliance as evolving legal requirements become increasingly complex. Keeping track of changing regulations while expanding to new markets can be difficult. Proper scaling requires adaptability, which can be challenging to achieve with in-house teams. 4. Crypto-specific pain points Multiple countries are still developing proper crypto regulations, without which companies operate in a regulatory grey area. A cryptocurrency exchange company could receive unfair treatment when classified alongside traditional platforms. Countries like Canada provide a safe launchpad with clear definitions on how virtual asset providers or exchanges should operate. 5. Consequences of inadequate compliance architecture Non-compliance due to inadequate compliance architecture, such as improper hiring or compliance software, risks hefty fines, legal actions, and reputational harm. Inadequate compliance also leads to unfair market competition, often against large corporations. AML Incubator’s enabling role in compliance Many FinTechs, MSBs, PSPs, and VASPs outsource their compliance needs to AML Incubator (AMLI). AMLI is a Canadian-based fractional compliance outsourcing firm that simplifies regulatory needs for businesses worldwide. AMLI offers executive teams a strategic advantage through: 1.RPAA registration support RPAA is a framework established under the Canadian Payments Act requiring the Bank of Canada to supervise PSPs. The bank oversees them to ensure that they demonstrate financial transparency and have strong transaction security measures. Non-adherence would result in fines, legal actions, and reputational harm. AML Incubator allows executive teams to meet RPAA requirements. This involves application, representation in Canada, risk assessment, incident response, and all accompanying documentation. They also offer fractional CRO leadership services, a position critical for BoC compliance. 2. AML program development and fractional leadership Fractional leadership is a growing trend in which companies opt to outsource executives for a fraction of their time, typically to address rising costs, economic uncertainty, and the need for specialized expertise. AMLI embeds experienced AML and risk leadership into growing companies, giving founders institutional-grade compliance without long-term executive overhead. The positions include: Chief Anti-Money Laundering Officer (CAMLO) and Money Laundering Reporting Officer (MLRO), who establish and manage global frameworks aligned with FINTRAC, the Financial Action Task Force (FATF), the Financial Crimes Enforcement Network (FinCEN), and the Australian Transaction Reports and Analysis Centre (AUSTRAC). Other positions include Chief Financial Officer (CFO), tailored to your product, and Chief Risk Officer (CRO), as required by RPAA for all payment service providers. 3. AML effectiveness reviews (External third-party audits) FINTRAC requires that all MSBs conduct AML effectiveness reviews every two years. While audits are a regulatory requirement, they also help organizations strengthen internal controls, identify compliance gaps, reduce penalty risks, and enhance operational efficiency. AMLI works with organizations to ensure compliance by evaluating their AML programs, which include policies, procedures, risk assessments, and training measures. 4. Regulatory remediation and gap analysis Think of regulatory remediation as a course correction for your business’s compliance shortcomings. AMLI identifies and addresses gaps where your organization falls short of meeting legal and industry standards. It is about identifying problems and implementing solutions. AMLI key remediation services include compliance assessment, corrective action, training, and regular monitoring and reporting. 5. Enhanced Due Diligence (EDD) and Token Due Diligence AMLI collaborates with clients to screen high-risk customers and transactions, protecting them against financial crimes and regulatory violations. The process involves risk assessments, customer screening, compliance training and support, as well as the reporting and submission of regulatory reports. They also offer token due diligence services, evaluating whether a crypto project is legitimate, secure, and compliant with regulatory standards. They also conduct team audits to assess the reputation of project owners and creators, as well as their governance models. 6. Global Licensing for FinTech and Crypto Companies Canada offers federal AML regulations; therefore, on compliance, global FinTechs, including virtual asset providers, can operate in all its provinces while integrating with the local financial infrastructure. AMLI also offers Virtual Assets Regulatory Authority (VARA) registration services, enabling crypto companies to operate in Dubai. Compliance also sets the stage for expansion into other North American and G7 countries such as Japan, France, Germany, the United States, and the United Kingdom. By serving as the trusted compliance partner, AMLI helps these businesses accelerate their time-to-market. AMLI’s strategic enablement layer AMLI Academy: Training and workforce upskilling In the business world, where the rules and regulations evolve regularly, staying relevant and compliant is crucial. This necessity highlights two key components of professional development: training and certification. In Canada, training is not just a formality; it is a legal requirement under PCMLTFA and FINTRAC guidelines. AMLI Academy offers training courses for professionals seeking AML certification in Canada. Learning expectations include: Understanding Canada’s AML frameworks Practical sector-specific knowledge How to strengthen internal AML frameworks AMLI Labs: Equity-based support for high-potential startups AMLI Labs is an AML compliance solution for startups without upfront capital; instead, AMLI negotiates for an equity stake based on the support provided. At these early stages, AMLI offers tailored support, including legal, AML, and operational infrastructure. Technology and ecosystem partnerships AML Incubator is a trusted global brand backed by experienced professionals and proven systems. According to available data online, it has a pool of over 50 global clients with more than 20 years of combined experience in the anti-money laundering sector. Technological and ecosystem partners include Sumsub, Zenoo, KYC Aid, AML Watcher, Sardine, Utila, and 21 Analytics, among others. 8 reasons crypto founders, FinTechs, and MSB leaders choose AML Incubator AMLI prepares startups to enter the market quickly with the tools to navigate the dynamic regulatory environment at minimal cost. Cost-efficient operational setup through fractional leadership services, enabling companies to focus on growth and innovation. Compliance frameworks with implementation guidelines tailored for growth and evolving regulations, reducing the chance of falling behind due to outdated processes. All-round compliance coverage from consultation services, training, onboarding, auditing, and compliance report submissions as required by regulators. Crypto-native expertise assuring you of thorough insights on token credibility, governance, and financial stability, shielding you from deceitful crypto projects. Enhanced due diligence and audits to evaluate the credibility and risks associated with your organization, ensuring adherence to financial regulations and minimizing exposure to fraud. AMLI AML frameworks are aligned with FINTRAC, FINCEN, ADGM, VARA, and AUSTRAC, offering a pathway for global licensing. AMLI’s commitment to compliance ensures that your company is protected from fines, legal actions, and reputational harm resulting from non-compliance. Conclusion: Building safer, scalable, and globally compliant digital finance ecosystems At the most basic level, operational compliance ensures that your organization adheres to regulations. Non-compliance can be costly in terms of both financial and reputational consequences. In practice, maintaining an in-house compliance team is difficult due to the level of expertise required and associated costs; therefore, outsourcing compliance to a firm like AMLI becomes a more effective route. AMLI has successfully served clients, addressing compliance challenges in the areas of cryptocurrency, securities, and multi-jurisdictional licensing. The firm stands out for its dynamic infrastructure, tailored to individual risk profiles, and flexible systems that adapt to new consumer demands or regulations. For any FinTech or cryptocurrency platform looking to leverage Canada’s strategic positioning as an ideal launchpad, they can connect with the AMLI team through their official channels: YouTube: AML Incubator Channel Telegram: AML Incubator Community Twitter: @aml_incubator LinkedIn: AML Incubator
Crypto ETF flows diverged sharply on Tuesday as bitcoin reversed course with heavy outflows, while ether extended its winning streak. XRP and Solana continued to quietly build momentum, adding to a broadly mixed but active trading session. Bitcoin Turns Red While Ether, XRP, Solana Stay in the Green The tone across U.S. spot crypto exchange-traded
Mansour said Kalshi already enforces insider-trading standards modeled on major US exchanges, and distanced regulated American platforms from offshore and decentralized competitors after scrutiny of Polymarket over a high-profile wager tied to the capture of Venezuelan President Nicolás Maduro. Despite increased political and regulatory attention, prediction markets continue to post strong growth, with both Kalshi and Polymarket reporting record volumes in December. At the same time, Polymarket expanded its mainstream visibility through a partnership with Dow Jones, which will distribute its prediction market data across major financial media brands, even as the platform navigates still ongoing scrutiny. Kalshi Supports Torres Bill Tarek Mansour, the chief executive of regulated US prediction market platform Kalshi, publicly backed new legislation that was introduced by US Rep. Ritchie Torres. The goal of the legislation is to reinforce a ban on insider trading across prediction market platforms. In a LinkedIn post on Wednesday, Mansour said Kalshi supports the proposed bill because the company already enforces similar restrictions internally, and argued that clear rules are necessary to maintain trust in the emerging prediction markets sector. LinkedIn post from Tarek Mansour Torres’ proposal, titled the Public Integrity in Financial Prediction Markets Act of 2026, will prohibit federal elected officials, political appointees, and executive branch employees from placing bets on prediction markets tied to government policy decisions, official actions, or political outcomes. The bill is designed to address growing concerns that individuals with access to sensitive or non-public government information could exploit prediction markets for personal financial gain. The legislation follows scrutiny of the decentralized prediction market platform Polymarket after reports surfaced that a single account placed a large wager on the removal of Venezuelan President Nicolás Maduro before the end of January and allegedly profited $400,000 after he was captured. The episode caused debate over whether insider or privileged information may have been used. In his comments, Mansour drew a clear line between US-regulated prediction markets and offshore or decentralized platforms. Without naming competitors directly, he criticized recent reporting that he said conflated regulated American exchanges with unregulated, non-US platforms. According to Mansour, Kalshi operates under federal oversight and applies insider-trading standards modeled on those of major US stock exchanges, including the New York Stock Exchange and Nasdaq. These rules prevent people with access to material non-public information from trading in relevant markets. Mansour also explained that Torres’ bill would only apply to regulated American companies, not to offshore platforms where many of the alleged abuses have occurred. Despite the controversy, prediction markets still see impressive growth. In December, both Kalshi and Polymarket reported record monthly trading volumes, with Kalshi posting $6.26 billion and Polymarket reporting $2.28 billion. Since March of 2025, Kalshi has steadily expanded its lead as the largest prediction market exchange by volume. Polymarket monthly volume (Source: Token Terminal ) Polymarket Partners With Dow Jones Meanwhile, Polymarket entered into a partnership with Dow Jones to distribute its prediction market data across several of the publisher’s major media platforms, according to a Wednesday announcement . Under the agreement, Polymarket’s real-time market data will be made available to users of Dow Jones properties including The Wall Street Journal, Barron’s, MarketWatch, and Investor’s Business Daily, among others. According to the announcement, Polymarket’s data will appear in dedicated modules on participating websites and will also be featured in select print placements. The companies said the integration is designed to help readers better understand shifting expectations around political, economic, and market-related events by presenting probabilities derived from active prediction markets. Announcement from Polymarket Dow Jones CEO Almar Latour said the decision to partner with Polymarket was driven by demand from readers seeking new tools to interpret market sentiment and assess risk. Polymarket founder and CEO Shayne Coplan said the collaboration will bring together journalistic coverage with real-time probability data, offering audiences a different lens through which to view developing stories. Polymarket has grown into one of the largest prediction market platforms.The platform attracted widespread attention during the lead-up to the 2024 US presidential election, when its political markets were closely monitored and ultimately aligned with the outcome of President Donald Trump’s victory. Polymarket has also faced a lot of scrutiny over the past few months. In December, the company disclosed that it identified and resolved a security issue affecting a small number of users. Polymarket ultimately attributed the incident to a vulnerability introduced by a third-party authentication provider. More recently, the platform drew attention after the settlement of a contract predicting the removal of Venezuelan President Nicolás Maduro from power after his capture at the direction of President Trump.
Bitcoin’s Path to $100K Hinges on Stronger On-Chain Demand Although Bitcoin recently climbed to $94,000, on-chain metrics show market activity remains muted. Analyst Kamran Asghar warns that a stronger rebound is essential to sustain momentum toward the $100,000 milestone. Notably, Bitcoin’s dip to $90,126, per CoinCodex data , reflects cautious market sentiment. Analyst Kamran Asghar warns that without a surge in on-chain activity, transaction volume, active addresses, and network usage, recent gains may struggle to sustain a push toward $100K. Well, Bitcoin’s past rallies to $60K and $70K were fueled by strong on-chain activity, including surging transactions and record active addresses. Today, muted engagement signals cautious investors, likely consolidating profits or awaiting clearer market cues before committing further capital. The analyst notes that while macroeconomic trends, interest rates, and regulations can sway investor behavior, lasting rallies hinge on genuine on-chain activity. Past cycles show that price surges without strong network support often trigger corrections. For Bitcoin to realistically reach $100,000, on-chain metrics must show a decisive rebound. Stronger network activity, higher transaction volumes, and increased engagement from long-term holders would signal renewed confidence and support a sustainable uptrend. While recent price gains are encouraging, Asghar emphasizes that true momentum depends on these underlying metrics. Until on-chain demand picks up, the path to $100K remains tentative, shaped by both market sentiment and network fundamentals. Investors should remember: genuine rallies are driven by activity, not just price spikes. Conclusion Bitcoin’s recent rebound is encouraging, but without a surge in on-chain activity, the path to $100,000 may lack staying power. Asghar notes that lasting rallies rely on genuine network engagement, higher transaction volumes and active holder participation. Investors should monitor these on-chain metrics closely, as they will reveal whether the current momentum signals a historic surge or a short-lived spike.
On January 8, BitMine Immersion Technologies expanded its Ethereum treasury holdings by adding 19,200 tokens, valued at $60.85 million. The Nasdaq-listed company also added 24,544 tokens worth $77.45 million, followed by an additional purchase of 28,320 Ethereum tokens worth $88.79 million. In total, Bitmine has staked more than 827,008 tokens worth around $2.62 billion. The new staking expands the company’s long-term commitment to Ethereum and supports its objective of producing yield from its expanding digital asset holdings. BitMine boosts Ethereum holdings ahead of MAVAN launch Bitmine ( @BitMNR ) has further staked 19,200 $ETH , worth $60.85M In total, they have staked 827,008 $ETH , valued at $2.62B https://t.co/1vbYSuGDkR pic.twitter.com/PIDeASeDuJ — Onchain Lens (@OnchainLens) January 8, 2026 On Monday, Bitmine announced that it had purchased 32,977 ETH tokens, valued at $105.3 million. The acquisition marked the lowest weekly buy since the company began its treasury strategy last week. Last month, BitMine bought an average of 96,007 Ethereum tokens per week, with a range of 44,463 to 138,452. As of January 4, Bitmine had staked 659,219 Ethereum, equivalent to approximately $2.1 billion in value. According to Lee, the company aims to increase its Ethereum holdings this year with the launch of its own Made in America Validator Network (MAVAN), which is scheduled to go live later this year. In a statement, Tom Lee announced that when MAVAN and its staking partners completely stake Bitmine’s ETH, the annual ETH staking fee will be $374 million (using a 2.81% CESR), or more than $1 million per day. The Nasdaq-listed company now holds 4,143,502 Ethereum tokens, which represent 3.43% of the total Ethereum supply. The ETH-focused company has stated its objective to acquire 5% of the Ethereum supply. The corporation currently holds $14.2 billion in cash and cryptocurrency, including $915 million in cash. Last week, Lee announced a bullish move for ETH by predicting that the price of Ethereum would rise to $250,000 if the price of Bitcoin eventually reaches $1 million. “We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early calendar 2026.” -Tom Lee, Chairman of Bitmine. On-chain data from CoinMarketCap show that Ethereum’s price has been rising in 2026, increasing by 8.8% over the last seven days. Its current range is still about a 36.31% decline from its all-time high of around $4,953.73 established in the previous year. At the time of writing, ETH was trading at $3,153.41, a 1.6% increase from the last Month. BitMine rallies as shareholders consider massive share increase Last week, BitMine Immersion Technologies Inc. (BMNR) increased 9.29% as investors reacted to a barrage of information regarding the company’s aggressive expansion goals and proxy campaign. The stock has experienced significant trading and options activity, with call contracts surpassing puts, and implied volatility elevated in anticipation of the company’s January 14 earnings announcement and necessary shareholder votes. As Cryptopolitan reported on January 3, BitMine’s drive to drastically increase its authorized share count from 500 million to 50 billion led the significant trading and options activity. Chairman Tom Lee initiated an intense campaign that included presentations, films, and social media outreach to urge shareholders to adopt the charter revision at the next annual meeting in Las Vegas. The Bitmine management argued that a larger share pool is necessary to finance future capital markets activity, pursue opportunistic mergers and acquisitions, and maintain the possibility of stock splits if the share price rises. Bitmine’s proposal is closely related to Bitmine’s endeavor to construct a sizable Ethereum treasury by acquiring 5% of the world’s ETH supply. According to Google Finance, BitMine shares closed at $30.36, down 6.09% after dropping $1.97 from the previous close of $32.33. The stock traded between $30.23 and $31.89. BMNR gained $0.19 during after-hours trading, rising 0.63% to $30.55. BitMine began staking some of its stock in December. ETF providers are also quickening this trend by incorporating staking into their products. For example, Grayscale, a digital asset management firm, recently announced that it is offering staking benefits to its shareholders. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
Sei Network warns USDC.n users to transition to native USDC before March upgrade. The SIP-3 upgrade will transform Sei into an EVM-compatible chain. Continue Reading: Sei Network Alerts Users as Major Upgrade Approaches The post Sei Network Alerts Users as Major Upgrade Approaches appeared first on COINTURK NEWS .