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Stablecoin firm Rain has just raised another $250 million.The firm now has a $1.95 billion valuation.Fintech companies focusing on stablecoins are having more success.Fintech company Rain announced Friday that it had raised $250 million in a funding round, bringing the stablecoin-focused firm’s valuation to $1.95 billion. New York-based Rain, a company backed by Visa that issues spending cards, said that it had brought its total funding to over $338 million, just four months after its Series B and 10 months after its Series A.The latest round was led by ICONIQ with participation from Sapphire Ventures, Dragonfly, Bessemer, Lightspeed and Galaxy…

Banks are fighting stablecoin rewards to protect a secret $360 billion revenue machine.When Coinbase chief policy officer Faryar Shirzad posted a thread on Jan. 8 warning that stablecoin rewards “remain under debate” as Congress marks up market structure legislation, he attached numbers that banking groups would rather keep quiet.US banks earn $176 billion annually on roughly $3 trillion they park at the Federal Reserve, and they collect another $187 billion from card swipe fees, nearly $1,400 per household.That’s over $360 billion in revenue from payments and deposits alone, and stablecoins with competitive yields threaten both streams at once.The GENIUS Act,…

CoinDesk sat down with Robinhood’s head of crypto, Johann Kerbrat, to get an update on its upcoming layer-2 network, its tokenized stocks program, and its staking offerings.

XRP is now back to trading just above the $2 level after an early January rally briefly carried its price action into the $2.40 range. The pullback has so far been controlled, with price holding above former resistance that has now turned into short-term support. A technical analysis shared on X by crypto analyst Bird proposed that conditions are now right for a familiar macro setup that has preceded XRP’s largest historical rallies. The focus of this outlook is on XRP’s reaction with the US dollar index and what its next move could mean for the cryptocurrency. Related Reading How…

A series of ads reportedly aired on Fox, urging the public to contact their senators to remove DeFi provisions from the crypto market structure bill.An anti-decentralized finance group is reportedly running advertisements on Fox News encouraging the public to pressure their Senators into passing crypto market structure legislation that excludes DeFi provisions perceived to be threatening to the banking industry.According to two screenshots shared Friday on X by Crypto in America host Eleanor Terrett, the Investors For Transparency members wrote: “Tell Your Senator: Pass Crypto Legislation Without DeFi Provisions,” sharing a hotline number to contact their local Senators.“Don’t Let DeFi…

The number of Bitcoin addresses (bitcoin whales) holding at least 100 BTC has climbed to a new all-time high, according to on-chain data from Bitcoin Magazine Pro, pointing to continued accumulation among large holders despite some recent bitcoin price dips and broader crypto market volatility. The metric tracks the total number of unique Bitcoin addresses with balances of 100 BTC or more — a cohort commonly associated with so-called “bitcoin whales,” including high-net-worth individuals, funds, corporations, and long-term strategic holders.  The latest data shows the count has surpassed all previous peaks, extending a multi-year uptrend that has persisted across several…

The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years.

The partnership brings real-time prediction market data to the Golden Globes just in time for the 2026 awards ceremony: What it means for fans.Polymarket, the self-described “world’s largest prediction market,” has announced a new partnership with the Golden Globes, becoming the awards show’s exclusive prediction market partner. The collaboration is a first for both industries, marking the debut of real-time, market-driven insights integrated with one of Hollywood’s highest-profile events.Sunday’s 83rd annual Golden Globes ceremony airs on CBS and will be  streaming on Paramount+ in the U.S. As part of the partnership, Polymarket will provide branding and live market data from…

TLDR: Nike completed the sale of RTFKT on December 16, 2025, without disclosing buyer identity or terms. CEO Elliott Hill shifts focus from digital-first strategy to sports products and wholesale partnerships. Nike maintains virtual presence through Fortnite and EA Sports gaming partnerships despite RTFKT exit. Converse brand faces 30% quarterly sales drop, prompting speculation about potential divestiture plans.,   Nike has officially sold its digital products subsidiary RTFKT in December 2025, according to OregonLive. The transaction marks the end of a brief chapter in the sportswear giant’s digital asset ventures.  Nike acquired the Web3 company in 2021 during a period…

The Banking Committee chief confirmed Friday evening that he’s pressing forward, though the Agriculture Committee says it still hopes for a bipartisan version.