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Trump Media partners with Charles Schwab, expands into crypto financial services

The newly revealed Truth.Fi marks another foray into cryptocurrencies by the US president and his associates.

The Trump Media and Technology Group (TMTG), a media conglomerate partially owned by US President Donald Trump, has announced that it is expanding its operations into financial services and cryptocurrencies under the name Truth.Fi.

According to the Jan. 29 announcement, the company will offer separately managed accounts in partnership with the bank Charles Schwab, customized exchange-traded funds, and cryptocurrency services.

TMTG CEO — and White House official — Devin Nunes said the development of Truth.Fi could protect Americans from being debanked and characterized the platform as a free speech alternative to Big Tech options. Nunes also serves as chairman of the President’s Intelligence Advisory Board.

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Bitcoin DeFi project Elastos closes $20M investment round

Crypto mobile wallets hit 36M record high amid growing retail adoption

Increasingly more passive crypto holders are turning into active users and interacting with blockchain-based protocols.

Mobile cryptocurrency users have reached a new all-time high, as Increasingly more passive cryptocurrency holders are turning into active users, showcasing growing mainstream adoption.

Mobile cryptocurrency wallets reached a new all-time high of over 36 million in the fourth quarter of 2024, according to Coinbase’s quarterly crypto market report, published on Jan. 29.

Mobile wallet users. Source: Coinbase

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Bitcoin DeFi project Elastos closes $20M investment round

Tangem wallet secures US patent for private key transfer tech

With its US patent, crypto wallet Tangem sets a new milestone in boosting self-custody usability by enabling secure private key backups and transfers between devices.

Self-custodial cryptocurrency wallet Tangem has received a United States patent grant for its private key backup technology.

The United States Patent and Trademark Office (USPTO) issued a patent on Jan. 28 for Tangem’s backup tech of private keys, according to official records.

The patent is titled “Systems and methods for transferring secret data via an untrusted intermediary device” and describes a method of interacting with self-custodial wallets that is designed to help users deal with holding private keys or seed phrases.

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Bitcoin DeFi project Elastos closes $20M investment round

Trump-themed memecoins fuel Solana’s biggest week on Pump.fun

President Donald Trump’s surprise memecoin launches sent Pump.fun’s trading volume into overdrive, smashing the $3 billion weekly mark.

Tokens from Solana memecoin launchpad Pump.fun recorded an all-time high of $3.3 billion in weekly trading volume, fueled by a torrent of President Donald Trump-themed memecoins.

On Jan. 23 alone, trading soared past $544 million, smashing previous single-day records, Dune Analytics data shows.

Pump.fun’s previous weekly volume record was set in November. Source: Dune Analytics

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Bitcoin DeFi project Elastos closes $20M investment round

Bitcoin price risks ‘critical’ gold breakdown after 20% annual gains

Gold ignores US dollar strength to beat S&P 500 year-to-date returns as Bitcoin price analysis flags new risks.

Bitcoin (BTC) copying gold’s all-time highs is a “matter of time” as the precious metal outperforms BTC and the US dollar.

In an X thread on Jan. 28, trading resource The Kobeissi Letter said that gold performance in 2025 is “telling us something.”

Bitcoin may currently be trading in limbo amid a lack of directional catalysts, but one macro asset far from rangebound is gold.

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Bitcoin DeFi project Elastos closes $20M investment round

Hong Kong flags over 30 HashKey-branded crypto scam platforms

HashKey claims it has no connections to the suspicious links added to the SFC's list.

Hong Kong’s Securities and Futures Commission (SFC) flagged 33 additional suspicious websites masquerading as HashKey, one of the city’s licensed cryptocurrency trading platforms, taking the total number of identified impersonators to 45.

HashKey, the second exchange to obtain a crypto license from the SFC in November 2022, reported the suspicious links. The exchange said that the fraudulent websites slightly altered official links associated with the exchange to mislead its clients.

“HashKey Exchange declares that it has no connection with the aforementioned fraudulent websites,” it said in a notice to its clients.

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Bitcoin DeFi project Elastos closes $20M investment round

ai16z rebrands to ElizaOS to shed Andreessen Horowitz confusion

AI DAO ai16z has rebranded to ElizaOS, distancing itself from name confusion with Andreessen Horowitz.

AI decentralized autonomous organization (DAO) ai16z has changed its name to ElizaOS following concerns from tech venture capital firm Andreessen Horowitz (a16z) over brand confusion.

The rebrand was announced on Jan. 28 by Eliza Labs founder Shaw Walters.

“As we continue to expand across multiple countries, develop our core technology, and foster an incredible community of builders, we are implementing a comprehensive rebranding initiative to ElizaOS,” Walters wrote on X.

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Bitcoin DeFi project Elastos closes $20M investment round

Hong Kong SFC grants first crypto licenses of 2025

Hong Kong’s Securities and Futures Commission has issued two new crypto trading platform licenses, bringing the total to seven since mid-2024.

The Securities and Futures Commission (SFC) of Hong Kong issued the first set of operational licenses of 2025 to two crypto trading platforms. The regulator has issued seven crypto licenses in total since it started a licensing drive in mid-2024.

On Jan. 27, the SFC awarded operational licenses to two Hong Kong-based crypto exchanges — PantherTrade and YAX. According to public records maintained by the Hong Kong government, both entities were registered under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

List of virtual asset trading platforms licensed by Hong Kong SFC. Source: HKSFC

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Bitcoin DeFi project Elastos closes $20M investment round

Czech National Bank governor to propose $7B Bitcoin reserve plan

The Czech National Bank may invest up to 5% of its reserves in Bitcoin, potentially acquiring $7.3 billion in BTC as part of its diversification strategy.

The Czech National Bank (CNB) may become the first European central bank to invest in Bitcoin as part of its diversification strategy for the country’s foreign exchange reserves.

CNB Governor Aleš Michl is set to present his Bitcoin (BTC) acquisition plan to the bank’s board meeting on Jan. 30, he told the Financial Times.

If approved, the investment may amount to over $7.3 billion in Bitcoin purchases, given the CNB’s total reserves of more than $146 billion, according to André Dragosch, head of research at Bitwise.

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Bitcoin DeFi project Elastos closes $20M investment round

Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31

Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets.

Cryptocurrency exchange Crypto.com is among the first platforms to announce the delisting of Tether’s USDt and nine other tokens in Europe following the implementation of the Markets in Crypto-Assets Regulation (MiCA) framework.

Crypto.com will suspend purchases of Tether USDt (USDT) along with nine other tokens in line with Europe’s MiCA regulations on Jan. 31, a spokesperson for the exchange confirmed to Cointelegraph on Jan. 29.

After disabling deposits, the exchange will continue to support withdrawals for the affected tokens until the end of the first quarter of 2025, with full delisting scheduled for March 31.

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Bitcoin DeFi project Elastos closes $20M investment round