1.Ethereum Foundation Launches New Official X Account to Focus on Key Updates
The Ethereum Foundation has announced the launch of a new official X account, @ethereumfndn, and a comprehensive upgrade to its social media strategy. According to the official announcement, the new account will focus on sharing key updates, including team developments, project and grant updates, and treasury changes. The original @Ethereum account will transition into an ecosystem-wide information platform, showcasing innovative projects, builder stories, and global adoption cases on Ethereum.
The Foundation has also rolled out new strategies on decentralized social platforms like Farcaster, Lens, and Bluesky to ensure cross-platform content synchronization. The Foundation stated this marks a new beginning in its social media strategy and will continue optimizing based on ecosystem needs.
2.Tether Announces El Salvador License and Headquarters Relocation
Tether has announced it is nearing completion of its Digital Asset Service Provider (DASP) and stablecoin issuance license application in El Salvador. The company will relocate its group headquarters to the country. Tether CEO Paolo Ardoino stated this move will strengthen the company’s presence in emerging markets and leverage El Salvador’s innovation-friendly regulatory environment to advance Bitcoin’s global adoption.
3.BlackRock Launches Bitcoin ETF on Cboe Canada
BlackRock has launched a new Bitcoin ETF, iShares Bitcoin ETF, on the Cboe Canada Exchange, according to an official announcement. Trading under the ticker IBIT, the ETF offers USD-denominated units under the ticker IBIT.U.
The iShares Bitcoin ETF aims to reflect the performance of Bitcoin prices before deducting fund expenses and liabilities. The iShares fund invests its assets entirely or primarily in the iShares Bitcoin Trust ETF. Meanwhile, US IBIT holds most of its assets for long-term Bitcoin exposure. The ETF enables investors to gain access to Bitcoin through their brokerage accounts.
4.Meta Shareholder Proposes Allocating Cash Reserves to Bitcoin
Meta shareholder Ethan Peck has submitted a proposal to allocate part of the company’s $72 billion cash reserves to Bitcoin. He argues this move would hedge against inflation risks and leverage Bitcoin’s superior long-term performance to enhance shareholder value. Peck highlighted Bitcoin’s 124% return in 2024 and noted that Meta has already indirectly engaged in cryptocurrency through BlackRock.
5.BlackRock: Bitcoin and Crypto Adoption Outpacing Internet and Mobile
BlackRock has stated that the adoption rate of Bitcoin and cryptocurrency surpasses that of the internet and mobile phones.
6.Bank of America Predicts Rate-Cutting Cycle Has Ended
CoinDesk reports that Bank of America believes the Federal Reserve has likely ended its rate-cutting cycle. However, Goldman Sachs and other investment banks predict rate cuts will be delayed until June 2025. The US Dollar Index (DXY) has surpassed the 110 mark.
7.Trump Plans to Form Cryptocurrency Advisory Committee
According to CryptoNews, Donald Trump plans to establish a cryptocurrency advisory committee comprising 24 CEOs and founders from the crypto industry. The initiative aims to promote strategic Bitcoin reserves and crypto-friendly policies.
8.Whale Faces $13M Loss in BTC Trades Over Six Days
Lookonchain data shows that a whale, who withdrew 1,850 BTC from Binance six days ago and later redeposited them, has incurred a $13 million loss due to price fluctuations.
9.Trump May Issue Executive Order on Crypto Banking on Day One
The Washington Post reports that Donald Trump plans to issue an executive order on his first day in office addressing crypto banking and repealing controversial accounting policies. These policies require banks to record digital assets on their balance sheets as liabilities.
A source close to the matter said, “Trump’s team has made it clear this is a priority.” These measures aim to regulate crypto markets and protect investors from what Trump describes as the “Washington bureaucratic swamp.”
10.FDIC Vice Chair Calls for New Digital Asset Guidelines
Travis Hill, Vice Chair of the US Federal Deposit Insurance Corporation (FDIC), has criticized the agency’s stance on digital assets and urged banking regulators to release updated guidance.
Hill, appointed by Republicans two years ago, condemned the FDIC’s role in pressuring banks to sever ties with crypto clients. He stated, “The FDIC’s long-term goal is to reduce the number of unbanked individuals. Denying banking services to lawful customers is unacceptable, and regulators must work to prevent this.”
FDIC Chairman Martin Gruenberg has announced his resignation effective January 19, the day before Trump’s inauguration. In his absence, Vice Chair Travis Hill will serve as acting chairman.

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