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Ripple CEO Calls for Crypto Market Structure Legislation Once Again: Don’t Let Perfect Be the Enemy of Progress

2 hours ago

**Ripple CEO Urges Coordinated Action on Crypto Market Structure Bill** On January 21, Ripple chief executive Brad Garlinghouse again called for coordinated action on a crypto market structure bill in a post on X. He argued the quest for "perfect legislation" should not block achievable regulatory progress—adding no law in history has ever met everyone’s standards. "The top priority now is a clear regulatory framework to unlock innovation potential—and that’s exactly what this bill aims to do," he noted. Compared to confusion from regulatory uncertainty, "clarity over chaos"—even if not universally agreed upon—will support the industry’s long-term growth and create a stable environment for crypto innovation.
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Bitcoin Surges Above $90,000, Ethereum Nears $3,000

HTX market data shows the crypto market extended its rebound on January 21, following a mild statement from former President Trump. Bitcoin climbed back above $90,000, last trading at $90,143—down 0.53% over the past 24 hours.

4 minutes ago

「BTC OG Insider Whale」 Agent: Crypto Market Short-Term Dip Should Not Be Attributed to Greenland Event

On January 21, Garrett Jin—an agent with “BTC OG Insider Whale”—took to social media to push back against claims linking Ethereum’s short-term drop to the “Greenland Event,” arguing the assertion lacks solid evidence. Jin noted U.S. stock declines are primarily driven by internal rotation within the tech sector, while Tuesday’s global asset sell-off stemmed more from a broad bond dump. Separately, Bessemer, alongside Japan’s Finance Minister, has taken steps to stabilize Japanese government bonds (JGBs) and U.S. Treasuries. Former President Trump has also begun reassuring the stock market.

4 minutes ago

An anonymous whale who accumulated BTC at a high three months ago has transferred 2000 BTC to Binance.

On January 21, LookOnChain data shows that whale address bc1q8g — which purchased 2,000 BTC three months ago at approximately $109,759 per coin (valued at $2.195 billion then) — has just deposited all of that BTC into Binance. The holding is now worth roughly $1.787 billion. If the whale sells the BTC, it would incur a $40.8 million loss.

4 minutes ago

The tokenization startup Cork has raised a $5.5 million seed round, with CSX and a16z leading the investment.

Jan. 21 — Tokenization startup Cork has closed a $5.5 million seed funding round, per The Block. The round was led by CSX, a16z and Road Capital, with participation from BitGo Ventures, Cooley, IDEO Ventures, PEER VC and WAGMI Ventures, among others. Cork is a risk-tokenization-focused startup building a "programmable risk layer" to tokenize and trade latent risks tied to emerging real-world asset classes.

4 minutes ago

The U.S. Senate Committee on Agriculture may release the latest Cryptocurrency Market Structure Bill text today

**Jan 21st** Per Crypto In America, CEOs of numerous cryptocurrency firms are gathering in Davos, Switzerland this week for deep discussions. Meanwhile, the U.S. House Agriculture Committee is expected to release the latest crypto legislative text by day’s end, outlining key issues for stakeholders to monitor ahead of next week’s rescheduled hearing. In a prior statement, Trump noted Congress is advancing cryptocurrency market structure regulation and expressed hope to sign the bill into law soon.

4 minutes ago

US Stocks Mostly Higher at Open, Most Crypto-Related Stocks Up

Jan. 21 — Per Bitget market data, U.S. stocks opened higher, with the Dow Jones Industrial Average (Dow) up 0.12%, the S&P 500 rising 0.2% and the Nasdaq Composite gaining 0.25%. Most crypto-related stocks traded higher at the open: Strategy jumped 1.07%, BitMine gained 0.3%, Coinbase (COIN) rose 0.94% and Circle (CRCL) increased 0.96%.

4 minutes ago

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