U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

Per a Fortune report dated January 16th, Coinbase CEO Brian Armstrong said in an interview that the crypto exchange is aiming to transition to an “everything exchange”—with plans to roll out stock trading to all customers in the coming weeks. Right now, the service is only accessible to a small number of users. Armstrong noted that while stock trading is currently offered via traditional methods, the end goal is tokenized stock ownership—meaning stocks would be issued natively on the blockchain. He predicts this shift will start within the next two years, by which point all companies will recognize blockchain as a superior technology for managing shares. Armstrong also expressed hope that Coinbase will one day become the first company to pay shareholder dividends in Bitcoin.

On January 16, Vanguard’s U.S. Mid-Cap Stock Index Fund (Institutional Shares: VMCIX) disclosed its initial purchase of Strategy stock—2.91 million shares valued at approximately $505 million.

On January 16, Kaito announced that as part of previously shared updates, it is migrating the Yaps website to Kaito-associated domains. During the migration, the site will experience brief downtime, and the original domain will automatically redirect to the new one.

Xinhua News Agency January 16 China’s tax authorities are ramping up public outreach and guidance on individual residents’ overseas income tax compliance, the State Taxation Administration announced Thursday. Since last year, taxpayers have been reminded to self-audit their overseas income from 2022 to 2024. Under laws including the Tax Collection and Administration Law: - If taxpayers fail to declare or underpay due to calculation errors, authorities can recover unpaid taxes plus late fees within three years. - For tax evasion cases, the issue will be handled in accordance with the law. It’s an internationally accepted practice for resident individuals to pay personal income tax on both domestic and overseas income — a measure to prevent cross-border tax evasion and safeguard the country’s tax rights. Tax officials note that paying taxes lawfully is every citizen’s duty. Those who haven’t declared their overseas income as required should make timely corrections an

NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) — U.S.-listed NIP Group disclosed Tuesday that it mined 151.4 Bitcoin (BTC) during the initial operational phase of its Bitcoin mining business, spanning September through November 2025. The total output is valued at approximately $14.2 million, the company noted. As of Jan. 15, NIP Group’s mining hash rate stood at 9.66 exahashes per second (EH/s). The firm plans to expand its mining rig deployment in January 2025, with expectations to mine roughly 140 BTC per month moving forward.

Jan. 16 — Decentralized social prediction market platform Slips has raised $3.5 million in seed funding, led by Las Olas Capital and Sunset Bay Capital, with participation from Andrew Schwartzberg—co-owner of the NBA’s Charlotte Hornets and Leeds United Football Club. Slips offers AI-powered P2P prediction markets and location-based group activities, enabling real-time online and offline user interactions. Proceeds from the round will fund the expansion of its financial services infrastructure, including support for crypto payments and stablecoin withdrawals.