Former NYC Mayor Launches NYC Token Memecoin to Fight Antisemitism

Published at 2026-01-13 13:15:34

Weeks after leaving office, the former New York City mayor unveiled the NYC Token (ticker NYC), saying the token was created to combat antisemitism despite a rocky launch. Early volatility and rollout hiccups drew attention from traders, media and advocacy groups, and the mayor’s framing of a memecoin as a social tool has sparked debate over intent versus impact.

The development matters because a high-profile political figure entering crypto blurs lines between politics, philanthropy and market speculation. Observers say transparency about governance, how any proceeds will be used, and exchange listings will be critical to the token’s credibility; regulators and community leaders will likely watch closely as NYC seeks traction amid skepticism and fleeting memecoin cycles.

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Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

CryptoMarketsTreasury BillsFedLiquidity

Published at 2026-01-17 17:15:05

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.

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Published at 2026-01-17 11:15:08

Anchorage Digital Seeks $200M–$400M Funding Ahead of Possible IPO

Crypto custodian Anchorage Digital is pursuing $200 million to $400 million in new capital as it prepares for a possible IPO next year. The raise is positioned to strengthen the firm's balance sheet and support growth ahead of a public listing.

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Published at 2026-01-17 01:15:06

Senate Democrats Rejoin Talks to Revive U.S. Crypto Market Bill

Democratic negotiators have reentered discussions on a U.S. crypto market-structure bill but say the details of their talks will remain confidential. Their return signals renewed momentum for legislation that could shape regulation and market oversight.