Coin Telegraph

Despite spinning off Fortitude Mining, Foundry retains the largest Bitcoin mining pool with over 30% of the network’s hashrate.

Capital markets company Digital Currency Group (DCG) has spun out a new cryptocurrency mining subsidiary, signaling its intent to provide institutional exposure to a diversified pool of mined crypto assets. 

According to a Jan. 29 announcement on the X social media platform, Fortitude Mining has been established as DCG’s standalone mining business. Previously, the mining operation was part of Foundry, a decentralized mining and staking service. 

The financial details of the acquisition were not publicized. 

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Weeks after a meeting between Trump and Brian Armstrong to reportedly discuss personnel, the US president’s co-campaign manager will be joining Coinbase’s advisory council.

US President Donald Trump’s co-campaign manager for the 2024 election will be joining cryptocurrency exchange Coinbase’s advisory council to address digital asset regulation.

In a Jan. 29 notice, Coinbase said former Trump co-campaign manager Chris LaCivita would join former US Senator Kyrsten Sinema, former New York Fed president Bill Dudley and former Colombian Ambassador to the US Luis Alberto Moreno on the exchange’s Global Advisory Council. LaCivita, who worked to help elect Trump, has close ties to the Republican National Committee and likely continues to have a relationship with the US president.

According to LaCivita, the crypto industry “deserves better” than former US President Joe Biden’s administration’s approach to legislation and regulation. He echoed Trump’s claims of making the US a leader in digital assets.

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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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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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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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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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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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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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