News
21 Jan 2026, 14:56
Coinbase CEO Makes Stunning Bitcoin Statement in Davos

Speaking from the World Economic Forum in Davos, Coinbase CEO Brian Armstrong declared that the "Bitcoin Standard" is no longer a fringe theory.
21 Jan 2026, 14:55
Coinbase Excites Crypto Enthusiasts with New Altcoin Listing

Coinbase lists Seeker (SKR) as the latest altcoin offering. Recent surge of 76% increases SKR's market cap to $70 million. Continue Reading: Coinbase Excites Crypto Enthusiasts with New Altcoin Listing The post Coinbase Excites Crypto Enthusiasts with New Altcoin Listing appeared first on COINTURK NEWS .
21 Jan 2026, 14:54
Bitcoin’s Legendary February 'Green Streak' Hints at a Mathematical Path to $100,000

Bitcoin is now 12% below $100,000, but February's historic pattern shows it often does not stay underwater for long; double-digit gains could be next if history repeats itself.
21 Jan 2026, 14:53
Former Alameda CEO Caroline Ellison released from federal custody

The former CEO of Alameda Research, Caroline Ellison, was released from federal prison on Wednesday after completing her federal supervision. Court documents revealed that she has been moved from federal prison to the post-release supervision phase. Ellison had settled an agreement with regulators the previous year after being transferred from a Connecticut prison to home confinement in October. She is also required to comply with multiple post-sentence regulatory restrictions after completing her sentence. SEC bars Ellison from holding any executive positions for 10 years THE $571 MILLION PER MONTH DISCOUNT Caroline Ellison helped vaporize $8 billion. She’s walking free January 21st. Time served: 14 months. That’s $571 million in customer losses per month of custody. Here is the math that should terrify every white-collar defendant in… pic.twitter.com/WxDH12lTCc — Shanaka Anslem Perera ⚡ (@shanaka86) December 26, 2025 The U.S. Securities and Exchange Commission issued a 10-year prohibition against Ellison serving in any executive positions at any digital asset exchange or any publicly traded firm. The prohibition follows her involvement in legal proceedings related to her previous roles at the defunct FTX crypto company. Other executives, including Zixiao Wang, former CTO of FTX Trading, and Nishad Singh, former Co-Head of engineering at FTX, both agreed on a settlement with the SEC. They have also been prohibited from being officers or directors of any public company for several years. An SEC document filed in December in the U.S. District Court for the Southern District of New York revealed that Ellison agreed to a 10-year officer-and-director bar. Wang and Singh both agreed to an eight-year bar. The filing also indicated that Ellison, Wang, and Singh agreed to the Commission’s antifraud allegations and to a 5-year conduct-based injunction. Ellison’s release comes 10 months earlier than her full sentence of two years, which began in November 2024. She pleaded guilty in December 2022 to fraud and conspiracy charges linked to FTX. The former executive was sentenced in September 2024, and U.S. District Judge Lewis Kaplan ordered her to forfeit $11 billion. Ellison’s early release follows her good conduct in prison, where she is said to have cooperated with authorities investigating FTX. She had previously testified against FTX founder Sam Bankman-Fried, which led to a 25-year conviction in federal prison. CEO of the FTX bankruptcy estate, John J-Ray III, acknowledged that Ellison has provided the debtors with valuable assistance and cooperation. He also revealed that her cooperation led to the recovery of hundreds of millions of dollars for the Debtor, benefiting creditors. SEC orders Sam Bankman-Fried to remain in federal prison Ellison’s release marks the final stage in the legal process involving the FTX and Alameda Research executives involved in the 2022 collapse of the digital asset exchange. Bankman-Fried had appealed in November that his fraud conviction and 25-year prison sentence should be scrapped due to an unfair trial. A three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan found Bankman-Fried guilty of seven charges in the 2023 FTX case. The court issued a notice for the former FTX CEO to remain in federal prison on fraud charges. The judges agreed that the evidence presented at trial, including witness testimony and troves of FTX documents, proved the former executive’s guilt. Cryptopolitan also previously reported that U.S. President Donald Trump revealed earlier this year that he has no intentions of pardoning Bankman-Fried. Investigations revealed that FTX Co-Founder Sam Bankman-Fried operated a scheme that manipulated the price of the firm’s security token, FTT, by purchasing large quantities on the open market to prop up its price. The SEC also revealed that the crypto hedge fund owned by Wang and Bankman-Fried and run by Ellison used FTT as collateral for undisclosed loans. The initiative allegedly caused Alameda’s balance sheet to be overstated, misleading investors about the company’s risk exposure. Ellison and Wang were tied to the scheme as active participants trying to deceive FTX’s investors. Wang was accused of developing the FTX software code that allowed Alameda to divert customer funds. Ellison was accused of misappropriating FTX funds for Alameda’s trading activities. Join a premium crypto trading community free for 30 days - normally $100/mo.
21 Jan 2026, 14:48
XRP Payments Spike to 1.346 Million in 24 Hours: Rally Isn't Stopping

XRP surged above 1.3 million transactions in the last 24 hours, suggesting the presence of institutional demand.
21 Jan 2026, 14:40
Stacks ETP Launch: 21Shares Unveils Revolutionary ASTX Product with Automated Staking Rewards

BitcoinWorld Stacks ETP Launch: 21Shares Unveils Revolutionary ASTX Product with Automated Staking Rewards In a landmark move for institutional cryptocurrency access, 21Shares has officially launched the ASTX exchange-traded product (ETP), a pioneering financial instrument tracking Stacks (STX) with integrated, automated staking rewards. This strategic launch, announced by the Stacks ecosystem on social media platform X, fundamentally simplifies exposure to Bitcoin’s burgeoning smart contract layer for traditional finance participants. Consequently, the product directly addresses a significant barrier to entry by eliminating the technical complexities of direct on-chain asset management. Stacks ETP ASTX: A New Gateway to Bitcoin’s Smart Contract Layer 21Shares, a leading issuer of cryptocurrency exchange-traded products, has formally introduced its ASTX ETP. This product specifically provides a regulated, brokerage-account-friendly vehicle for investing in the Stacks protocol’s native token, STX. Significantly, the ETP is designed to automatically reinvest staking rewards generated by the underlying assets. This automated mechanism removes the operational burden from investors, who would otherwise need to manage wallet security, node operation, and reward claiming directly on the blockchain. The Stacks protocol itself operates as a unique layer-1 blockchain that brings smart contracts and decentralized applications (dApps) to Bitcoin. It achieves this through its consensus mechanism, Proof of Transfer (PoX). In PoX, participants commit Bitcoin to earn the right to mine or validate Stacks blocks, simultaneously securing both networks. Furthermore, STX holders can “stack” their tokens to earn Bitcoin as a reward, a process central to the ASTX ETP’s value proposition. Institutional Adoption and the Evolving Crypto Landscape The launch of ASTX arrives during a pivotal period of maturation for crypto financial products. Traditional financial institutions increasingly demand regulated, custodial solutions for digital asset exposure. Products like the ASTX ETP meet this demand by functioning within existing financial frameworks. Investors gain economic exposure to STX’s performance and its staking yield without facing private key management or direct blockchain interaction. This development follows a broader trend of financialization within the Bitcoin ecosystem. For instance, the approval of U.S. spot Bitcoin ETFs earlier in 2024 demonstrated substantial market appetite for accessible Bitcoin investment vehicles. Similarly, the ASTX ETP expands this accessibility into Bitcoin’s programmability layer, a sector often termed “Bitcoin DeFi.” Regulatory Clarity: ETPs like ASTX typically list on regulated exchanges such as the SIX Swiss Exchange or Deutsche Börse Xetra, operating under established financial authorities. Operational Simplicity: The product handles all technical aspects, including custody with regulated partners and the automatic compounding of staking rewards. Risk Mitigation: It reduces counterparty and technological risks associated with self-custody and manual staking operations. Expert Analysis on Market Impact and Product Design Financial analysts highlight the product’s design as a critical step for Bitcoin’s layered ecosystem. “The automatic reinvestment of staking rewards is a key feature,” notes a digital assets strategist from a European investment bank. “It solves the yield leakage problem for institutions that lack the technical teams to manage on-chain staking cycles manually. This product effectively packages a complex, yield-generating crypto asset into a familiar, tradable security.” Data from on-chain analytics firms shows consistent growth in the total value locked (TVL) within the Stacks ecosystem, particularly in applications like decentralized finance (DeFi) protocols and non-fungible token (NFT) markets. The introduction of a liquid, institutional-grade ETP could potentially accelerate this growth by funneling significant capital into the ecosystem. Moreover, it provides a non-dilutive avenue for STX token appreciation, as the ETP’s underlying acquisition of tokens occurs on the open market. Comparing ASTX to Other Crypto Investment Vehicles Understanding the ASTX ETP requires distinguishing it from other common crypto investment products. The table below outlines key differences. Product Type Key Characteristics Primary Audience Staking/Rewards 21Shares ASTX ETP Regulated exchange listing, physical backing (holds STX), automatic reward reinvestment. Institutions, accredited investors, retail via brokerage. Fully automated and integrated. Direct STX Ownership Self-custody via wallets, direct on-chain interaction. Technically proficient individual investors. Manual participation in stacking cycles. Crypto Futures ETF Derivatives-based, tracks price via futures contracts, no direct asset ownership. Traders seeking leveraged or short exposure. Not applicable. Grayscale Trust (e.g., GBTC) Private placement, trades at market-determined premium/discount to NAV. Accredited investors (historically). Typically does not pass through staking rewards. As illustrated, the ASTX ETP’s combination of direct asset backing, regulatory structure, and integrated yield mechanism creates a distinct niche. It specifically caters to investors seeking passive, yield-generating exposure to the Stacks protocol’s fundamentals. Conclusion The launch of the 21Shares Stacks ETP, ASTX, represents a sophisticated evolution in cryptocurrency investment products. By seamlessly integrating automated staking rewards into a regulated exchange-traded wrapper, 21Shares has effectively bridged a crucial gap between Bitcoin’s innovative smart contract layer and the traditional financial world. This Stacks ETP not only provides institutional investors with a streamlined path to participate in Bitcoin DeFi but also signals growing confidence in the infrastructure and value proposition of layered Bitcoin solutions. The product’s success will likely influence further development of similar instruments for other yield-generating, proof-of-stake crypto assets. FAQs Q1: What is the 21Shares ASTX ETP? The 21Shares ASTX is an exchange-traded product that tracks the price of Stacks (STX). It holds the underlying tokens and automatically reinvests the staking rewards earned from the Stacks protocol’s Proof of Transfer (PoX) mechanism. Q2: How does the automatic staking reward work in the ASTX ETP? The ETP’s issuer, 21Shares, or its custodian, participates in the Stacks stacking process on behalf of the product. The Bitcoin rewards earned are automatically sold to acquire more STX tokens, which are added to the ETP’s backing assets. This process aims to compound returns for investors over time. Q3: Who is the target investor for this Stacks ETP? The product primarily targets institutional investors, wealth managers, and retail investors with traditional brokerage accounts who seek exposure to the Stacks protocol and Bitcoin DeFi but prefer a regulated, custodial solution without direct blockchain management. Q4: On which exchange is the ASTX ETP listed? While the specific listing venue was not detailed in the initial announcement, 21Shares typically lists its ETPs on major European regulated exchanges such as the SIX Swiss Exchange or Deutsche Börse Xetra. Investors should consult official 21Shares communications for the definitive listing information. Q5: How does this product differ from a spot Bitcoin ETF? A spot Bitcoin ETF holds Bitcoin directly. The ASTX ETP holds Stacks (STX), which is a separate asset that operates on its own blockchain as a layer for Bitcoin smart contracts. Additionally, the ASTX ETP generates yield through staking, a feature not present in a pure Bitcoin holding vehicle. This post Stacks ETP Launch: 21Shares Unveils Revolutionary ASTX Product with Automated Staking Rewards first appeared on BitcoinWorld .










































