South Dakota has a new bill on the table that would let the state put up to 10% of certain public funds into Bitcoin. Reports say Rep. Logan Manhart filed House Bill 1155 this week, restarting an effort that stalled last year. Related Reading: PayPal Survey: 4 In 10 US Merchants Now Accept Crypto The measure would change state investment rules to give the State Investment Council explicit authority to hold Bitcoin in its portfolio. Lawmaker Files Bill For Bitcoin Reserve According to filings and public posts, Manhart’s proposal mirrors a move he tried in 2025 and keeps a clear cap on exposure: 10% of the moneys made available for investment. The bill text says the limit “may not exceed 10%” and lays out options for how the exposure could be taken, including direct holdings or regulated products. A South Dakota lawmaker is reviving a push to bring bitcoin into state finances. Republican Rep. Logan Manhart introduced House Bill 1155, which would allow the state to invest up to 10% of eligible public funds in bitcoin. It’s a renewed effort after a similar bill stalled… pic.twitter.com/hPBbiSB6zT — Timmy Shen (@timmyhmshen) January 28, 2026 The new push comes after last year’s proposal was deferred in committee. Reports note that HB 1202 was put aside during the 2025 session and did not advance, and Manhart signaled he would try again in 2026. That history matters because it shows the idea has support in some corners but also faces practical and political hurdles. What The Bill Allows Based on reports, the bill not only sets a 10% ceiling but also tries to handle custody and security concerns. It mentions requirements such as using qualified custodians or exchange-traded products, encrypted storage, and multi-signature controls. Those rules are aimed at lowering the risks that come with holding a volatile asset with public money. Supporters say Bitcoin could act as a hedge and add a new type of asset to the state’s mix. Opponents point to volatility and possible legal or accounting issues when state funds are used in this way. Related Reading: Record Pain: Bitcoin Investors Suffer $4.5B Loss, Most In 3 Years The debate will likely hinge on how the State Investment Council evaluates risk and which funds would be considered “eligible” under the bill’s language. Political And Financial Pushback There is practical pushback from fiscal watchdogs and some lawmakers who worry about public perception. Money managed for things like pensions carries duty of care. That duty was stressed last session and will be raised again now that the bill is back. The point has been made plainly and will shape committee hearings. Featured image from Unsplash, chart from TradingView
Executives and industry groups pressed regulators to apply traditional securities rules to blockchain-based trading, pushing back on exemptions even as DeFi enters the debate.
The US financial regulator has just one Senate-confirmed commissioner, leading to lawmakers' concerns about the Commodity Futures Trading Commission's balance and effectiveness.
TRM Labs estimates that illicit crypto volume surged to an all-time high of $158 billion in 2025, representing just 1.2% of total crypto volumes.
The investigation could undermine the Fed's independence, potentially affecting future monetary policy decisions and economic stability.
The post Fed yet to turn over documents in Powell investigation as rate decision looms: Report appeared first on Crypto Briefing.
Bitcoin rallied above $90,000 as the US dollar index weakened, gold hit new highs and traders positioned ahead of today’s FOMC. Will a rate cut or pause extend the BTC and altcoin rally?
The digital wallet allows insurance premiums and claims to be settled in crypto through a regulated custody partnership with Zodia Custody.
The firm's analysts upgraded Circle shares to a “neutral” rating and raised the share price target to $77.
Mizuho's Dan Dolev revised his bearish outlook on the stablecoin issuer, upgrading the stock to neutral.
Following a recovery from lows near $20, the Hyperliquid price has received significant attention, which has intensified this week. The trader’s participation increased heavily since the last trading day, as volume rose close to a billion, pushing the price close to $35. However, the bears seem to have capitulated to the crucial resistance zone between …
The initiative could boost economic growth, enhance energy security, and support the transition to cleaner energy sources.
The post Department of Energy to expand nuclear fuel supply chain with new campus initiative appeared first on Crypto Briefing.
HSBC issued a directive on Jan. 27 for investors to stay aggressively risk-on. The bank recommends overweighting equities, high-yield debt, emerging-market bonds, and gold while underweighting sovereigns, investment-grade credit, and oil. The call rests on a specific macro view: US growth holds up, rate volatility stays contained, and markets tilt back toward mega-cap tech. Meanwhile, […]
The post Urgent HSBC risk-on order issued as dollar hits 2021 lows which could flip Bitcoin’s next move appeared first on CryptoSlate.
Macro investor Raoul Pal says Bitcoin’s recent underperformance compared to gold is not unusual and could actually be setting the stage for a strong move later. Speaking about the long-running Bitcoin–gold comparison, Pal explained that gold typically moves first, while Bitcoin tends to catch up later in the cycle. According to him, this is not …
21Shares forecasts XRP at $2.45 by end 2026, citing ETF inflows, regulatory clarity, and growing tokenization adoption.
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Ripple has secured another important legal victory in the United States, after a federal appeals court officially dismissed a long-running XRP investor lawsuit. On January 27, 2026, the United States Court of Appeals for the Ninth Circuit affirmed a lower court ruling in Sostack v. Ripple Labs, shutting down class-action claims that alleged XRP was …
AlphaTON is growing into a large early infrastructure contributor to Cocoon AI as it deploys GPUs under a $46M compute investment.
U.K. officials say banks must treat crypto businesses fairly as final regulation nears.
Strategy
Today’s top crypto gainers are being shaped by selective momentum rather than broad market strength, with PIPPIN and Hyperliquid’s HYPE standing out. At the time of writing, PIPPIN trades near $0.47, up over 63% intraday, while HYPE has climbed more than 35%, supported by a surge in derivatives activity and platform usage. PIPPIN Price Today …
Bitcoin disappointed with an apparent failed breakout above $90,000 after gold soared to fresh highs and US dollar strength nosedived.
The Hyperliquid price is seeing renewed bullish momentum, recording double gains over the last week and bucking the broader crypto market downtrend. This comes thanks to bullish fundamentals in the token’s ecosystem, including a rise in open interest on the decentralized exchange (DEX). Why The Hyperliquid Price Is Rising The Hyperliquid price is up over 58% in the last seven days, outpacing the broader crypto market as Bitcoin trades just below the psychological $90,000 level. This price surge has come on the back of a rise in Hyperliquid’s HIP-3 open interest. The DEX announced in an X post that open interest reached an all-time high of $790 million, driven recently by a surge in commodities trading. Related Reading: XRP, HBAR, And Litecoin: Pundit Highlights Coins To Watch In 2026 The exchange added that HIP-3’s open interest has been hitting new all-time highs each week, after being just $260 million a month ago. HIP-3 enables anyone to launch a custom perpetual market for crypto, commodities such as gold and silver, and other assets such as stocks. Thanks to this upgrade, the DEX is seeing increased trading activity, which has led to a surge in the Hyperliquid price. Notably, the Hyperliquid price has benefited from the precious metals boom, with the silver perpetuals market on the DEX seeing massive trading activity. CoinGecko data shows that the Silver perpetuals market is the third-largest traded in the last 24 hours, behind Bitcoin and Ethereum, with a trading volume of just over $1 billion. In an X post, Hyperliquid’s co-founder Jeff Yan noted that the DEX has achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. This came as he highlighted the order books for BTC perps on Binance and his DEX. He added that Hyperliquid has also grown to become the most liquid venue for perps on traditional-finance (TradFi) assets. Little Selling Pressure And Huge Buying Pressure For HYPE In an X post, Hyperliquid stakeholder Henrik noted that the Hyperliquid price is also rising as major selling pressure is gone. On the other hand, HYPE is seeing significant demand, including from digital asset treasuring companies such as Hyperliquid Strategies. He further highlighted the imminent Kraken HYPE listing, which is also bullish for the token. Meanwhile, Henrik stated that Hyperliquid dominates all trading metrics, including volume and open interest. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard The increase in the DEX’s trading activity is also significant and bullish for the Hyperliquid price, as the majority of fees earned on the protocol are directed to the Assistance Fund, which is used to buy back HYPE tokens on the open market. DeFiLlama data shows that the DEX is currently among the top five protocols by fees generated over the last 24 hours. At the time of writing, the Hyperliquid price is at around $34, up over 27% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com
Ripple's legal victory may bolster confidence in cryptocurrency markets, potentially influencing future regulatory and legal approaches.
The post Ripple wins appeal in long-running XRP unregistered securities litigation appeared first on Crypto Briefing.
Fidelity will issue a stablecoin through its newly approved national trust bank, signaling deeper institutional use of blockchain-based payment infrastructure.
The bank argued that legislative momentum remains strong as industry heavyweights prioritize long-term regulatory certainty over unpredictable enforcement.
The ASA says a string of advertisements from Coinbase have been banned over concerns that they were "socially irresponsible."
Plus: Solana’s latest phase, OP token buybacks and EF post-quantum security team.
A top analyst from crypto analytics firm Santiment says the crypto market is going through a quiet but important phase, even as gold and silver steal the spotlight. Brian, an analyst at Santiment, explained that Bitcoin, Ethereum, and XRP are not collapsing. Instead, they are being ignored while money flows into precious metals due to …
Vlad Tenev blamed the trading halt on its app in 2021 on bad infrastructure, a problem that he says tokenization would solve.
As per recent glassnode’s report, BTC price has entered Q1 2026 on a much steadier footing after the leverage-heavy unwind seen in October 2025, with bitcoin trading below 29% from its prior peak above $125,000 and consolidating near key levels. While macro conditions still remain supportive, and even multiple on-chain metrics suggest that the market …
Solana price has maintained strength since the early trading hours and appears to have recovered from the recent losses. The volume has dropped by half from the times when the crypto marked lows below $120, which has reduced the volatility. The token is now attempting to stabilise after a sharp pullback, following a rejection near …
BlackRock is moving deeper into the “Bitcoin as a portfolio sleeve” trade, this time by packaging the flagship digital asset's inherent volatility into distributable income. On Jan. 23, the $14 trillion asset management firm filed a registration statement for the iShares Bitcoin Premium Income ETF. This is a fund designed to track BTC's price (via […]
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