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Decrypt 2025-01-12 13:13:46

Crypto Rebounds, Banana Singularity Coming, Binance lists AI coins

BTC drops to $91k before 12 straight green candles. Crypto headed for Banana Singularity: Raoul Pal. Fidelity prefers ETH over SOL on fundamentals. Pro-crypto CFTC boss rumoured. Lummis to lead Senate crypto subcommittee. Steil to lead House crypto subcommittee. Sol Strategies raising $20m to expand SOL staking. Circle donates $1m USDC for Trump inauguration. Backpack and FTX clash over FTX EU sale. 56% of US advisers eye crypto in ‘25: Bitwise. CleanSpark now fourth miner to hold 10k BTC. Block may be first BTC firm in S&P500: VanEck . Russia to sell BTC seized in Infraud hacking case. Staking isn’t a collective investment scheme: UK. Judge rejects $770m BTC landfill hard drive case. StanChart to offer crypto custody services in EU. MiCA could boost Euro stablecoins: JP Morgan. Crypto is booming in China. Thailand seizes 996 illegal BTC mining rigs.

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