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The White House has stated that U.S. President Donald Trump will decide on the next chair of the Federal Reserve within the next few weeks, according to Walter Bloomberg. The statement added that there are several individuals whom the president considers suitable for the position.

According to CoinNess market monitoring, BTC has fallen below $96,000. BTC is trading at $95,992.6 on the Binance USDT market.

A group of U.S. Democratic House members has accused the Securities and Exchange Commission (SEC) of halting major cryptocurrency-related investigations due to political collusion, CoinDesk reported. In a letter to SEC Chairman Paul Atkins, Representatives Maxine Waters, Sean Casten, and Brad Sherman stated that the agency has dismissed or closed at least 12 cases since the beginning of last year. The lawmakers noted that these included actions against Coinbase, Binance, and Kraken, which they argued the SEC had a high probability of winning. They pointed out that the timing of the discontinued investigations coincides with a period when the cryptocurrency industry was actively making donations to the Trump administration.

Approximately 200 million addresses currently hold stablecoins, a figure that has doubled over the past four years, crypto newsletter Milk Road reported, citing data from Token Terminal.

Pudgy Penguins (PENGU) has partnered with the English Premier League's Manchester City to release premium merchandise, the project announced on its official X account. The merchandise will be available for purchase by adults aged 18 and over, with full details scheduled for release on Jan. 17.

Esports company NIP Group announced it mined $14 million worth of BTC between September and November of last year, its first three months of formal mining operations. The company stated its current mining capacity is 9.66 EH/s, a level that ranks it among the top 20 publicly listed mining firms in the U.S., according to Decrypt.

According to CoinNess market monitoring, BTC has risen above $97,000. BTC is trading at $97,034.91 on the Binance USDT market.

Citrea, a Bitcoin zero-knowledge rollup project, has launched its dollar-pegged stablecoin, ctUSD, CoinDesk reported. The stablecoin is backed 1:1 by short-term U.S. Treasury bills and cash. Issued by MoonPay, ctUSD is designed to serve as the liquidity standard for the Citrea ecosystem.

Coinbase has announced the listing of LIT perpetual futures.

AI-based Web3 information platform Kaito announced it is shutting down its rewards-based service, Yaps, and its incentive leaderboard to launch a new marketing platform called Kaito Studio. The company described the move as a structural reorganization prompted by recent changes to X's API policy. Kaito stated that it is transitioning to a tier-based structure more akin to a traditional marketing platform. Under the new model, the company will select and collaborate with creators who meet specific criteria, with performance measured against a clearly defined scope of work.

U.S.-based bank State Street plans to launch tokenized financial products, Bloomberg reported. The bank stated it intends to develop cash-like products such as tokenized deposits and stablecoins, alongside money market funds (MMFs) and exchange-traded funds (ETFs).

X is revamping its API policy to prohibit so-called InfoFi (Information + Finance) applications, according to its Head of Product, Nikita Bier. He stated that these apps, which reward users for engagement, are no longer permitted and that their API access has been revoked. The move has impacted the InfoFi ecosystem, with the price of Kaito (KAITO) plummeting more than 14% following the announcement. In a related development, CookieDAO (COOKIE) announced it is terminating its 'Snaps' service, a feature that measured and rewarded the influence of key opinion leaders (KOLs).

XRP could rally to $2.8 by the end of this month as its technical indicators show bullish signals, according to an analysis by Cointelegraph. The XRP/USD daily chart broke out of a falling wedge pattern on Jan. 1. The analysis suggests that if the token maintains support at the $2 level, it could see further gains to $2.4 and then $2.7. Additionally, a bull flag pattern has formed on the eight-hour chart, indicating a potential rise to $2.8 following a breakout above $2.15.

Bitmine has received 24,000 ETH, valued at $80.57 million, from FalconX, according to Lookonchain.

U.S. investment bank Benchmark views the postponement of a key markup session for the crypto market structure bill as a constructive opportunity to improve the final legislation, CoinDesk reports. Benchmark explained that the committee could use the time to narrow fundamental disagreements, such as those over stablecoin revenue, and develop clearer regulations for tokenized securities. The Senate Banking Committee had previously postponed the markup, which was scheduled for Jan. 15.

Digital Asset Treasury (DAT) spent over $49 billion on cryptocurrency acquisitions last year, CoinGecko reported in its annual report. According to the report, this brought DAT's total crypto holdings to $134 billion as of Jan. 1 of this year, a 137.2% increase from the same date last year.

According to CoinNess market monitoring, BTC has fallen below $96,000. BTC is trading at $95,987.12 on the Binance USDT market.

Ripple has entered into a multi-year strategic partnership with UK-based fintech firm LMAX Group, The Block reported. As part of the agreement, Ripple will invest $150 million to support LMAX's asset diversification and growth. LMAX will also include Ripple's stablecoin, RLUSD, as a collateral asset for its global institutional trading.

The three major U.S. stock indices have opened higher. The S&P 500 is up 0.64%, the Nasdaq Composite has gained 0.88%, and the Dow Jones Industrial Average has added 0.33%.

A $14 million real estate transaction in Miami has been settled using USDT, CoinDesk reported. The deal, for five commercial units in the Wynwood neighborhood, was facilitated by real estate tokenization firm Propy. The buyer purchased the properties from Miami-based developer Mohawk, with each payment reportedly completed in under 60 seconds. According to the report, this marks the largest cryptocurrency-based real estate transaction in the Miami market to date.

Crypto bank Anchorage Digital has partnered with DeFi lending protocol Spark to launch an on-chain lending product that utilizes off-chain collateral, The Block reported. According to Anchorage, the product is designed for institutional clients who want to access DeFi-based liquidity but are not accustomed to fully transferring their collateral on-chain.

MetaMask has integrated support for the Tron (TRX) network into its Web3 mobile app and browser extension, The Block reported. This development allows users to manage Tron-based assets and interact with the Tron ecosystem directly within their wallets. The integration follows an announcement from last August, when MetaMask first revealed a partnership with the Tron DAO to bring Tron support to its platform.

South Korean blockchain research and education firm Undefined Labs has announced a collaboration with the Ethereum Foundation Enterprise Team. The partnership aims to jointly conduct Ethereum technology education and institutional cooperation programs for the South Korean financial sector. The two organizations plan to roll out seminars and training programs in stages for major domestic financial institutions, including banks and securities firms. These sessions will cover Ethereum's technical architecture and its use cases within global financial infrastructure. A joint seminar for South Korean financial institutions is expected to be held in mid-April.

CME Group has announced plans to expand its cryptocurrency derivatives offerings with the launch of futures for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on Feb. 9, according to media reports. The company added that the launch is pending regulatory approval and the products will be available as both standard and micro futures contracts.

Binance announced it will convert its FOGO pre-market perpetual futures into standard perpetual futures at 2:00 p.m. UTC on Jan. 15.