US Stock Crypto Mining Concept Stocks Soar, IREN Up Over 8%

On January 24, per a report from The Information, Binance is exploring reviving stock tokens on its platform—tokens it delisted back in 2021. Stock tokens are digital tokens tied to shares of publicly traded companies. Investors can purchase fractional shares via the blockchain network that holds and settles these tokens, with the tokens tracking the underlying asset’s price in real time. Binance first rolled out its stock token service in April 2021, starting with Tesla shares before quickly expanding to include Coinbase, MicroStrategy, Microsoft, and Apple. The launch drew regulatory scrutiny: the UK’s Financial Conduct Authority (FCA) and Germany’s Federal Financial Supervisory Authority (BaFin) questioned whether the tokens violated securities laws. By July 2021, Binance had shuttered the service. OKX Global Managing Partner Haider Rafique told The Information the exchange is also monitoring this space. Stateside, traditional financial firms are also looking to enter the arena—wi

Jan 24: Per Coinglass data, the entire crypto network saw $149 million in liquidations over the past hour—$2.74 million from long positions and $146 million from short positions. Over the past 24 hours, 105,156 traders worldwide were liquidated, with total liquidations hitting $303 million. The largest single liquidation was a $30.38 million ETH-USD position on the Hyperliquid platform.

**DAVOS, Jan. 24 — Binance founder Changpeng Zhao (CZ) told CNBC in a Davos interview that three months after receiving a pardon from former President Trump, he’s felt freer — a shift he attributes primarily to a psychological weight being lifted. “I was technically free before, but carrying the label of a serious criminal,” he said. “Now I’m truly free.” CZ described his prison experience as “extremely bad,” aligning with movie depictions — including a strict body search on his first day of incarceration. His first cellmate was a double murderer who’d served roughly 12 years and had 18 more left on his sentence. He noted he never expected to go to prison: Prior to his case, no one in U.S. history had been imprisoned for a single violation of the Bank Secrecy Act; most similar past cases ended in Deferred Prosecution Agreements (DPAs) or home confinement. He’d initially expected at most 6–12 months of home confinement, calling the actual prison sentence a surprise. The pard

Bitcoin topped $90,000 on January 24, per HTX market data, with a 1.4% 24-hour gain.

On January 24, Eric Trump—Donald Trump’s second son—took to social media to note that USD1’s market capitalization has surpassed that of PayPal’s stablecoin PYUSD. This marks a significant milestone for USD1: it isn’t just about cryptocurrency; it’s about shaping the future of global money.

On January 24, Binance founder Changpeng Zhao (CZ) was asked in a CNBC interview at Davos: “If you could start over, what would you do differently?” His response: “I’d block U.S. users from day one. That’s the key—regulation is the core issue. Back when we launched the platform, we had U.S. users; at the time, I was in Shanghai, and we were just a small tech startup. Some six years later, we learned this put us in violation of the Bank Secrecy Act. If I’d known that then, if I could do it all over, I’d definitely block U.S. users from day one—way less hassle.”