The post Solana Trader Turns $321 Into $2.18 Million as 114514 Token Skyrocketed appeared first on Coinpedia Fintech News

A savvy Solana-based trader has stunned the crypto market after turning just $321 into $2.18 million within 11 days, following a massive rally in the meme token 114514. 

On-chain data shows the gains came from early positioning, rising trading volume, and a sharp breakout on Solana’s meme coin market.

Trader Smart Trading Trick Played Out Well

According to on-chain data shared by Lookonchain, a wallet labeled 8BGiMZ, linked to a Solana trader, spent only $321 to buy 45.58 million 114514 tokens through multiple swaps on Solana-based DEXs.

These purchases happened when the token was trading near $0.000007, and activity was very low. 

Instead of buying all at once, the trader slowly accumulated tokens over several days. This approach helped reduce slippage and allowed the trader to enter early, before strong demand arrived. 

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Trader Made a Staggering 6,800× ROI

In early January 2026, market interest suddenly picked up. Buying pressure increased fast, pushing the token into a sharp rally. The price surged to around $0.048, while 24-hour trading volume crossed $21 million.

At that point, the trader’s 45.58 million tokens were worth about $2.18 million, turning a small $321 investment into a 6,800× return in just 11 days.

Despite the massive gains, on-chain data does not clearly show the wallet fully selling its position. This suggests the trader may still be holding part of the position, betting on further upside.

114514 Token Price Jumps 274% in a Day

At the peak, the token reached a market cap of roughly $48.2 million, placing it among the top trending Solana meme coins. The chart also shows strong green candles backed by rising volume, confirming that the move was driven by real demand, not thin liquidity.

Since then, the token has pulled back as traders rushed to book profits. Even after the drop, 114514 is still trading around $0.031, showing a 274% gain in the last 24 hours.

The post Hacker Drains $27.3M, Launders via Tornado Cash appeared first on Coinpedia Fintech News

A hacker took control of a multi-signature wallet, stealing $27.3 million in crypto assets. The attacker recently withdrew 1,000 ETH (about $3.24 million) from Aave and laundered funds through Tornado Cash, with total deposits reaching 6,300 ETH (around $19.4 million). On-chain data shows the hacker still holds leveraged positions worth $9.75 million in ETH and DAI. This follows a September 22 attack where the same actor minted unauthorized tokens and drained tens of millions in crypto.

The post Morgan Stanley Files S-1 for Spot Bitcoin ETF appeared first on Coinpedia Fintech News

Morgan Stanley filed an S-1 with the SEC on January 6, 2026, for a spot Bitcoin Trust ETF that directly tracks BTC spot prices using benchmarks from major exchanges. The filing also covers a Solana ETF offering staking rewards, expanding the firm’s digital asset lineup post-2024 BTC ETF approvals. This positions Morgan Stanley to meet surging institutional demand amid President Trump’s pro-crypto policies and Bitcoin’s rally toward $100K.

The post Ethereum Overtakes Netflix appeared first on Coinpedia Fintech News

Ethereum’s market capitalization has climbed above Netflix’s valuation, reclaiming its place as the world’s 36th‑largest global asset by market cap. With ETH’s current price around $3,238 and a market cap nearing $390 billion, it now outranks the streaming giant’s valuation. This milestone highlights Ethereum’s growing dominance in crypto and traditional finance, fueled by staking growth, DeFi expansion, and institutional adoption. The “flippening” moment underscores ETH’s resilience and potential for further gains in 2026.

The post Morgan Stanley Files Bitcoin and Solana ETF Applications With SEC appeared first on Coinpedia Fintech News

Morgan Stanley has filed an S-1 registration with the U.S. Securities and Exchange Commission to launch a spot Bitcoin ETF. The filing, submitted on January 6, puts the $1.6 trillion wealth management giant in direct competition with BlackRock and Fidelity.

The product, called the Morgan Stanley Bitcoin Trust, will track the price of Bitcoin net of fees and expenses. The bank also filed for a Solana ETF on the same day.

How the Morgan Stanley Bitcoin Trust Works

The trust will hold Bitcoin directly rather than using derivatives or leverage. Its net asset value will be calculated daily using a pricing benchmark from major spot exchanges.

The fund is passive. It will not trade Bitcoin based on market conditions.

Shares will be created and redeemed in large blocks by authorized participants, either in cash or in kind. Retail investors can buy and sell shares on the secondary market through brokerage accounts. The ticker symbol has not been disclosed.

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Morgan Stanley’s Crypto Access Expansion

This filing comes months after Morgan Stanley opened crypto access to all clients starting October 15. Before this, only clients with at least $1.5 million and aggressive risk profiles could invest.

Now, advisers can pitch crypto funds to anyone, including those with retirement accounts like IRAs and 401(k)s.

Institutional Interest Continues to Build

Morgan Stanley is not alone in this push. Asset management firm T. Rowe Price filed for its first crypto ETF last year as institutional firms increasingly embrace digital assets.

The spot Bitcoin ETF market has grown rapidly since the SEC approved these products two years ago. Morgan Stanley’s entry marks another major Wall Street player moving deeper into crypto.

FAQs

The post Crypto.com Gains Cayman Approval While Gate.io Launches Regulated Exchange in Dubai appeared first on Coinpedia Fintech News

Major crypto exchanges are speeding up their global expansion in early 2026, focusing on clear regulations and access to fast-growing regional markets. Recent regulatory approvals secured by Crypto.com in the Cayman Islands and Gate Group in Dubai show how top platforms are expanding while working closely with local authorities.

Crypto.com Gains Regulatory Approval in the Cayman Islands

Crypto.com has reached an important milestone by becoming the first digital asset company to receive conditional approval for a Virtual Asset Service Provider (VASP) license from the Cayman Islands Monetary Authority. This follows its initial VASP registration in 2022 and reflects growing confidence in the company’s compliance standards.

The conditional license allows Crypto.com to expand its exchange services in the Cayman Islands, with a focus on professional and institutional traders. The company has stated that following regulations remains a core part of its strategy. Full approval is expected once the remaining requirements are met.

This move strengthens Crypto.com’s presence in the Cayman Islands, a jurisdiction known for its role in global finance and investment structures.

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Gate Dubai Launches Under Dubai Crypto Regulation

At the same time, Gate Group has officially launched Gate Dubai after receiving a VASP license from Dubai’s Virtual Assets Regulatory Authority (VARA). With this approval, Gate Dubai is now live and offers spot trading for major cryptocurrencies such as Bitcoin, Ethereum, XRP, BNB, and Cardano.

The platform is built specifically for users in the Middle East, allowing crypto trading using local fiat currencies. Gate has also confirmed that more region-focused services will be added in the future, backed by its strong liquidity and technical systems.

Exchange Growth Drives Global Expansion Plans

Gate’s entry into Dubai follows strong growth in 2025. The exchange’s global user base grew to nearly 50 million, while spot trading volumes hit record highs. Monthly trading volume peaked at over $160 billion, helping Gate strengthen its position among the world’s leading crypto exchanges.

Dubai continues to emerge as a key hub for regulated crypto activity. The city offers clear rules while supporting innovation, making it attractive for global firms. Several major players, including Ripple and Crypto.com, have already received approvals there, highlighting Dubai’s growing influence in the crypto industry.

FAQs

The post Japan Finance Minister Backs Crypto on Stock Exchanges, Declares 2026 ‘Digital Year’ appeared first on Coinpedia Fintech News

Japan wants in on the crypto ETF wave.

Finance Minister Satsuki Katayama announced government support for integrating digital assets into the country’s stock and commodity exchanges. She made the statement during her New Year address at the Tokyo Stock Exchange on Monday.

Katayama called 2026 the “first year of the digital era” and pointed directly to US crypto ETFs as a model worth following.

“For the public to benefit from digital assets – specifically blockchain-based digital assets – we must leverage the strength of commodity and securities exchanges,” Katayama said.

She noted that in the United States, crypto ETFs “are spreading as a risk hedge against inflation for citizens.”

As Minister of State for Financial Services, she pledged full support for exchanges developing trading infrastructure around fintech.

Japan Slashes Crypto Taxes to 20%

The announcement comes alongside major policy changes already locked in for 2026.

Japan will cut its crypto tax rate from a maximum of 55% down to a flat 20%. This brings digital assets in line with stocks and other traditional investments. The government has also reclassified 105 cryptocurrencies, including Bitcoin and Ethereum, as financial products under the Financial Instruments and Exchange Act.

Read More: This Change in Japan’s Crypto Tax Will Have Big Implications for Bitcoin and Ethereum

Investors can now carry forward crypto trading losses for up to three years. SBI Holdings has been waiting to file for ETFs. Ripple is also set to launch its RLUSD stablecoin in Q1 with SBI Holdings support.

Why This Matters Beyond Japan

Japan is the largest foreign holder of US Treasury bonds at roughly $1.2 trillion. Any move by Japanese institutions toward digital assets could send ripples through global crypto markets.

The country’s Financial Services Agency approved its first yen-pegged stablecoin, JPYC, back in October. The FSA has also discussed letting banks hold and trade crypto directly.

Katayama described 2026 as a “turning point” for tackling Japan’s economic challenges through fiscal policy and investment in growth sectors.

With lower taxes, clearer regulations, and ETF products rolling out, Japan is making a serious push to become a major crypto hub.

This Might Interest You: Why Is Bybit Exiting Japan Starting 2026?

The post MEXC Launches “Galaxy Quest” Trading Event with Up to 1,000 USDT in Rewards appeared first on Coinpedia Fintech News

Victoria, Seychelles, January 5, 2026 – MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, has launched “Galaxy Quest,” a month-long trading event offering participants the opportunity to earn up to 1,000 USDT in Star Voyage rewards.

The event runs from January 2 to January 29, 2026. Users can participate by registering on the event page. Participants unlock planet nodes by completing futures trading and referral missions. Each node offers immediate rewards, including vouchers and tokens, while Star Voyage rewards accumulate as each node is unlocked. Participants can claim up to 1,000 USDT once all nodes are unlocked.

The event’s structure reflects MEXC’s commitment to user participation and lowering entry barriers. By incorporating gamified elements into the reward framework, the event delivers substantial rewards while adding an engaging dimension to trading activities.

MEXC has consistently prioritized a user-centric approach, delivering value through zero-fee trading, an extensive selection of over 3,000 listed tokens, deep liquidity, and daily airdrop opportunities. These key advantages have earned the trust and support of over 40 million users globally. MEXC will continue to launch events and initiatives, providing its global user base with enhanced participation opportunities and rewards.

Full event details and registration are available on the MEXC Galaxy Quest page.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜X｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

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The post Bank of America Opens the Door to Bitcoin ETF Allocations appeared first on Coinpedia Fintech News

Bank of America updated its policy in December 2025, allowing over 15,000 advisors across Merrill, Private Bank, and Merrill Edge to recommend 1% to 4% crypto allocations via spot Bitcoin ETFs like BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s Mini Trust starting January 5, 2026. This proactive shift ends prior restrictions requiring client requests, following 2024 SEC ETF approvals and peers like Morgan Stanley (2% to 4%) and Vanguard. Managing $1.7 trillion in assets, the bank views crypto as high-risk innovation akin to private equity, suitable for volatility-tolerant clients.

The post Binance Launches Brevis (BREV) as 60th HODLer Airdrop appeared first on Coinpedia Fintech News

Binance has launched Brevis (BREV) as the 60th project in its HODLer Airdrop program, rewarding users who held or staked BNB in Simple Earn or On‑Chain Yield products between December 17 and December 20, 2025. Brevis is a scalable computing platform built for blockchain and AI applications, with 15 million BREV (1.5% of total supply) allocated for the airdrop and more for ecosystem growth. The BREV token will list on January 6, 2026, with USDT, USDC, BNB, and TRY trading pairs and a seed tag.