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Bitmine Adds 35,000 ETH in a Week, Cementing Lead as Top Ethereum Treasury Firm

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On the very same day Strategy revealed locking in its $2 billion bitcoin buy, Bitmine Immersion Technologies quietly bulked up its ethereum stack to 4.203 million ETH, snapping up 35,268 tokens over the past week and further cementing its title as the world’s largest ethereum treasury holder. Bitmine’s Ether Treasury Swells The update came in […]

Fluid Quip Technologies Expands Deployment of Low Energy Distillation™ Technology at United Ethanol

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CEDAR RAPIDS, Iowa–(BUSINESS WIRE)–Fluid Quip Technologies (FQT) continues to advance the biofuels industry’s transition toward higher efficiency and lower carbon intensity with another commercial deployment of the patented Low Energy Distillation™ (LED™) system at United Ethanol in Milton, Wisconsin.

The LED™ system, is a next-generation distillation platform designed to reduce steam usage, eliminate unnecessary phase changes, lower water consumption, and support continuous, reliable operation. By removing direct-inject steam from the distillation process and incorporating advanced heat integration, LED™ can significantly reduce energy usage, helping producers lower operating costs and improve carbon intensity (CI) scores.

The LED™ platform integrates technology developed over a multi-year collaboration between Fluid Quip Technologies and RCM Thermal Kinetics, combining FQT’s system integration expertise with RCM’s advanced Distillation, Dehydration and Evaporation (DDE) process design and intellectual property. The underlying architecture rethinks conventional ethanol distillation by tightly integrating heat recovery, allowing plants to achieve significant energy reductions.

“With every LED installation, we’re demonstrating that ethanol production can be more efficient, profitable, and sustainable,” said Neal Jakel, President of Fluid Quip Technologies. “Producers are achieving meaningful energy savings, increased uptime, and measurable carbon reductions without compromising throughput or reliability.”

“We are excited to move forward with the LED system,” said Dan Wych, Vice President of Wisconsin Ethanol Operations at United Cooperative. “Reducing our energy demand is a strategic priority, and FQT’s LED technology aligns with our goals for efficiency, reliability, and CI reduction.”

This installation further reinforces FQT’s position as a leading provider of energy-reduction technologies for the ethanol industry. It marks the fourth commercial deployment of the LED™ system demonstrating the technology’s success and seamless integration into existing plant infrastructure.

About Fluid Quip Technologies

Fluid Quip Technologies® (FQT) is a premier technology and process engineering firm based in Cedar Rapids, Iowa. FQT’s skilled engineering and technical teams have been developing new technologies and providing unique process engineering solutions to the beverage, biofuels and bio-chemical markets for more than 30 years. For more information, visit www.fluidquiptechnologies.com.

Strategy ($MSTR) Spends $2.13 Billion To Buy 22,305 Bitcoin

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Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, has added another major tranche of BTC to its balance sheet, purchasing 22,305 bitcoin for approximately $2.13 billion over the past week.

The acquisition, disclosed today, was made at an average price of roughly $95,284 per bitcoin, roughly 4% more than current prices. As of Jan. 19, 2026, Strategy now holds a total of 709,715 BTC, acquired for approximately $53.92 billion at an average price of $75,979 per coin.

The latest purchase marks Strategy’s largest weekly bitcoin acquisition since November 2024 and its fifth-largest bitcoin purchase announcement to date.

Led by executive chairman Michael Saylor, the company has continued its aggressive, near-weekly accumulation strategy, using capital markets activity to convert traditional financial assets into bitcoin exposure. 

The latest purchase was funded through a combination of common stock issuance and sales of the company’s perpetual preferred equity, Stretch (STRC).

Strategy’s aggressive bitcoin purchasing strategy

According to regulatory filings, the company raised about $2.125 billion in net proceeds between Jan. 12 and Jan. 19 through its at-the-market (ATM) programs. The bulk of the funds came from the sale of 10.4 million shares of MSTR Class A common stock, generating approximately $1.83 billion. 

An additional $294.3 million was raised through the issuance of roughly 2.95 million STRC preferred shares. Smaller amounts were generated via STRK preferred stock, while no shares were issued under the STRF or STRD programs during the period.

Despite the continued accumulation, Strategy shares were under pressure in early trading, falling about 5% as bitcoin prices slid below $91,000. The pullback follows a broader crypto market sell-off after BTC traded above $94,000 late last week.

With more than 709,000 bitcoin now held, Strategy controls over 3% of bitcoin’s total circulating supply. 

Several weeks ago, the company also announced they are increasing their U.S. dollar reserve to $2.25 billion, up from $1.44 billion in December, intended to support dividend payments on preferred shares and interest obligations on outstanding debt.

Strategy and MSCI

Earlier this month, the company was relieved of some selling pressure when MSCI concluded its review of digital asset treasury companies and decided not to exclude them from its major global equity indexes.

The index provider said bitcoin-heavy firms will remain eligible under existing rules while it conducts further research on how to distinguish operating companies from investment-like entities.

The decision eased months of market anxiety after MSCI had proposed reclassifying companies with more than 50% of assets in digital assets as fund-like and therefore ineligible for inclusion.

Companies like Strategy, along with industry groups, pushed back strongly, warning that exclusions could trigger billions of dollars in forced passive selling.

Toku Brings Instant USDC Payroll to Polygon, Targeting 100+ Countries

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Toku said it will let employers pay workers in stablecoins on Polygon, aiming to turn payroll—one of the world’s most routine and regulated money flows—into a blockchain-native transaction with real-time settlement and low fees.

The company, which markets itself as a compliance-focused platform for stablecoin and token compensation, said the Polygon integration is designed to work alongside existing HR and payroll software such as ADP and Workday, with Toku handling employment contracts, tax withholding, benefits administration and regulatory filings across more than 100 jurisdictions.

The pitch taps into a growing push by crypto infrastructure firms to move beyond trading and speculation and into operational finance—payments, payroll and invoicing—where volumes are recurring and sticky, but compliance requirements are unforgiving. Stablecoins, which are typically pegged to the US dollar, have been gaining traction as a settlement rail for cross-border transfers because they can move 24/7 and clear without correspondent banks.

From “crypto comp” to corporate plumbing

Toku’s announcement leans on a recent Pantera Capital compensation survey, which found that stablecoins dominate crypto-denominated compensation, with USDC and USDT together accounting for more than 90% of reported crypto salary payments. A Thomson Reuters analysis of the same survey flagged that while interest is rising, payroll in stablecoins still runs into hard edges—tax reporting, withholding, worker classification and jurisdiction-by-jurisdiction rules that don’t map neatly onto crypto rails.

Toku has been building around those constraints rather than around a consumer wallet experience. Last year, it partnered with stablecoin payments firm Rain to offer stablecoin payroll in more than 100 countries, framing the product as “instant” payouts that plug into employers’ existing workflows. More recently, Toku has also highlighted integrations aimed at making stablecoin payroll work inside systems used by finance teams, including ADP and Workday.

Toku and partners have separately pointed to scale: a Crossmint case study described Toku as administering more than $1 billion of global payroll using stablecoins.

Why Polygon wants payroll traffic

For Polygon, the tie-up fits a broader strategy to position its network as a payments settlement layer rather than just a venue for decentralized finance. Polygon has been emphasizing retail-sized stablecoin transfers and local-currency stablecoin volume as a wedge into payments adoption.

Polygon handles a large share of USDC transfers in the $100 to $1,000 range in the US—an activity band that proponents argue looks more like everyday commerce than institutional treasury movement.

The payroll use case also arrives as Polygon accelerates dealmaking around stablecoin payments. Polygon Labs said this week it agreed to acquire crypto payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it works toward becoming a regulated US payments player and targets business-to-business payments first.

The practical hurdle: compliance, not throughput

Stablecoin payroll has long been a niche product, partly because employers can’t treat payroll like a casual transfer. Payments must be timed to local pay cycles, backed by documentation, and paired with statutory deductions and filings. A “send” button is the easy part; the hard part is making the payment legally equivalent to payroll across countries that have different labor codes, reporting standards and enforcement norms.

That’s where Toku says it competes: the company positions itself as an intermediary layer that can keep employers on familiar HR systems while moving value over blockchain rails. Toku also promotes employer-of-record style services for hiring across jurisdictions without opening local entities—an approach that could be attractive to globally distributed teams, though it also pulls stablecoin payroll deeper into local employment law.

The Thomson Reuters analysis noted that tax and reporting requirements remain a central friction point—especially in the US, where wage reporting, withholding and documentation standards are tightly enforced even when the “money” arrives as a digital token.

Why does stablecoin payroll matter?

If stablecoin payroll becomes mainstream for certain categories of employers—remote-first companies, global contractor-heavy businesses, or firms paying workers in high-inflation markets—the implications would go beyond crypto HR perks. Payroll is a repeated, predictable flow; it can anchor other services such as earned-wage access, benefits, contractor management, and even small-business treasury operations.

It could also deepen the competition among blockchains to host “boring” payments traffic. Networks that win payroll and invoicing flows may benefit from consistent transaction volume and a pathway to partnerships with traditional fintech providers—even if margins are thin.

The market is still too early. Pantera’s survey suggested crypto compensation is growing but still far from universal, even inside the blockchain industry. Still, the direction of travel is clear: as stablecoins become less of a trading instrument and more of a settlement format, vendors like Toku are trying to package them into something corporate finance teams can use without rewriting how payroll works.

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Image Credits: Toku

Ripple Exec Pushes Central Banks To Back Regulated Stablecoins

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Ripple’s UK & Europe policy director Matthew Osborne is urging central banks to stop treating stablecoins as an external threat and instead fold well-regulated issuers into core safeguards, arguing that oversight plus access to official infrastructure can make stablecoins a net stabiliser for payments and settlement.

Writing for the Official Monetary and Financial Institutions Forum on 19 January 2026, Osborne said stablecoins have moved well beyond a niche experiment, citing a market value “in excess of $300bn” and annual transaction volumes that he wrote now surpass Visa and Mastercard combined. He argued momentum could accelerate in the US after the Genius Act, which he said would introduce federal rules and allow banks to issue stablecoins.

The Ripple exec framed the shift as already visible among central banks themselves. He pointed to the European Central Bank’s recent recognition of stablecoins’ benefits for cross-border payments and its view that tomorrow’s financial system will host multiple forms of money. He also cited the Bank of England’s stance that stablecoins could support “faster, cheaper retail and wholesale payments” as part of a “multi-money” system underpinned by central bank money.

Ripple Exec: Bring Stablecoins Into The Safety Net

At the centre of his case is the claim that stablecoins should be treated as an incremental evolution rather than an adversarial replacement. “Regulated stablecoins could play a key role in financial markets alongside other forms of money,” Osborne wrote. “First, stablecoins are more likely to complement the existing financial system than replace it. This is evolution, not revolution.” He then added: “The solution lies in central banks channelling stablecoin momentum, not fighting it.”

Osborne argues central bank money will remain essential as a risk-free settlement asset and safe store of value, but its relative role could shift in digital markets. He pointed to atomic settlement, where legs of a transaction settle simultaneously and conditionally, as reducing the traditional need to use central bank money purely to mitigate settlement risk.

Where stablecoins could be structurally preferred, he wrote, is in cross-border flows and multi-chain markets. “Cross-border payments are one example, given that stablecoins can move value anywhere in the world in seconds,” the Ripple exec said.

“In contrast, central bank money is likely to be less suitable for cross-border payments given access may be geographically limited and adoption of on-chain central bank money is far from universal around the world.” He also argued stablecoins are likely to exist across more blockchain networks than central bank money, making same-chain settlement between tokenized assets and cash more achievable while interoperability remains uneven.

Central banks have repeatedly warned that stablecoins could pull funds from bank deposits, weakening bank credit creation and potentially amplifying stress events. Osborne pushed back, arguing the risk is overstated because markets already accommodate instruments backed by highly liquid assets, money market funds, e-money, and “narrow banks”, without causing sustained deposit runs.

His bigger point is that regulation, while necessary, is insufficient without a backstop. “But regulation alone is not enough,” Osborne wrote. “Stablecoin issuers lack access to the safety net that gives bank deposits their resilience. Without it, even well-managed stablecoins are more vulnerable to shocks – as seen when USDC temporarily lost its peg following exposure to Silicon Valley Bank in 2023.”

He argued central banks should consider extending elements of that safety net, including allowing well-regulated stablecoin issuers to hold part of their backing assets in central bank accounts, offering liquidity insurance against market-wide shocks, and granting more direct payment-system access to reduce tiering risk.

The Ripple exec closed by positioning the choice for central banks as strategic: resist stablecoins and risk the market scaling beyond official influence, or “bring them inside the tent,” shaping development through prudential oversight and infrastructure access as tokenized settlement rails mature.

At press time, XRP traded at $1.9216.

XRP price chart
XRP holds above the 100-week EMA, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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Plastic surgery chief used crypto to tuck away millions from Chinese payments, say customs officials – DL News

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  • Suspects “used crypto to launder payments made using Alipay, WeChat Pay.”
  • South Korea is home to an $11 billion plastic surgery industry.
  • Three people arrested, Seoul customs chiefs say.

South Korean customs officials have vowed to crack down on plastic surgery clinics that cater to foreign tourists after unearthing a $102 million crypto-powered money laundering network.

Investigators say criminals in Seoul used unnamed cryptocurrencies to launder customer payments for cosmetic surgery procedures made using the Chinese e-pay platforms Alipay and WeChat Pay.

“We plan to carry out stricter on-site inspections at clinics,” a Korea Customs Service official told South Korean newspaper Joongang Ilbo. “We must prevent instances of illegal currency exchange in the overseas medical tourism sector.”

The South Korean plastic surgery industry is worth around $11 billion, with the so-called “medical tourism” sector set to grow to $3.1 billion by 2033. The flow of plastic surgery clients from China is rising at an average rate of 100% per year.

However, crypto-powered money laundering is rising at a similarly exponential rate in the country, with some unscrupulous operators looking to cash in on the cosmetic surgery boom.

Nip-tucking the books

Seoul Customs say the network’s mastermind was the Chinese-Korean head of consultations at a “large” plastic surgery clinic.

This individual, unnamed for legal reasons, allegedly funneled customers’ WeChat Pay and Alipay payments into dedicated bank accounts.

Then, working with a Chinese national, they withdrew these funds and used the money to buy cryptocurrencies in multiple overseas jurisdictions.

They transferred these coins to wallets on South Korean crypto exchanges, officials said. Next, they reportedly sold these coins for South Korean won, and withdrew the funds in cash at ATMs after sending them through numerous South Korean bank accounts.

In 2024, the duo allegedly decided to broaden the scope of their operation, branching out from the plastic surgery industry to other sectors popular among Chinese tourists.

They reportedly convinced the South Korean owner of a mobile phone store to help them launder payments made in small-scale export trade deals, as well as duty-free purchases and tuition fees for language courses.

Customs officials said all three individuals have been charged, with their cases handed over to prosecutors.

The connection between plastic surgery and crypto is growing. In 2024, a paper in an industry journal advised, “Plastic surgeons should consider investing in Bitcoin exchange-traded funds and accepting cryptocurrency as payment for services.”

“Plastic surgeons will likely be at the forefront of assimilating [Bitcoin] into healthcare,” the authors said.

Tim Alper is a News Correspondent at DL News. Got a tip? Email him at tdalper@dlnews.com.

Bitcoin’s “Failed” Breakout Sees $58,000 Target Return

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Bitcoin (BTC) slid to eight-day lows on Tuesday as macro headwinds gave bulls new headaches.

Key points:

  • Bitcoin toyed with the 2025 and 2026 yearly opens after a “failed” breakout from its multimonth range.

  • Some analysts argue BTC’s current weakness is technically driven, despite macro headlines.

  • Targets for Bitcoin include a drop to 15-month lows.

Bitcoin “breakout failed” as $90,000 looms

Data from TradingView showed BTC price action retargeting $90,000 prior to the week’s first Wall Street trading session.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

This was tipped to be volatile amid a potent combination of geopolitical and macroeconomic forces, chief among which was the reemergence of a US-EU trade war, stemming from US President Donald Trump’s renewed rhetoric around US control of Greenland.

With Trump tariffs back in the cards, risk assets suffered while precious metals hit new all-time highs as traders sought safe havens.

“Now fully back into the ~$84K-$94K range it has spend the past 2 months in already,” trader Daan Crypto Trades summarized in his latest analysis on X. 

“Breakout failed and doesn’t make for a pretty look now.”

BTC/USDT perpetual contrast four-hour chart. Source: Daan Crypto Trades/X

An accompanying chart showed price sliding through its 200-period simple (SMA) and exponential (EMA) moving averages on four-hour timeframes.

For Daan Crypto Trades, the 2026 yearly open near $87,000 was now of interest as a potential support level.

“Been talking about that yearly open likely being taken out at some point as it’s rare to see no wick below on the yearly candle. So better get that out of the way sooner than later if you ask me. Still just observing as I don’t see any reason to trade this chop,” he told X followers.

Trader and analyst Rekt Capital, focused on the 2025 yearly open at $93,500, a level that was of key importance for the weekly chart.

“In fact, Bitcoin has marginally Weekly Closed above $93500, therefore resembling more the April 2025 Weekly Close above $93500 than the November 2024 one (both green circles),” he wrote Monday alongside an explanatory chart.

“Bitcoin will need to find a way to reclaim $93500 throughout the week to ensure this becomes a successful retest to confirm the breakout from the Weekly Range (black-black).”

BTC/USD one-week chart. Source: Rekt Capital/X

Back to $58,000 for BTC price?

Exchange order-book data showed signs of stress on the day, with liquidations hitting $360 million in the 24 hours to the time of writing, per data from CoinGlass.

Related: BTC vs. new $80K ‘liquidity grab’: Five things to know in Bitcoin this week

BTC price vs. liquidations (screenshot). Source: CoinGlass

Overnight Sunday, liquidations spiked as US futures markets opened to news of fresh trade-war fears.

Despite the macro timing, Keith Alan, cofounder of trading resource Material Indicators, argued that the writing had been on the wall for Bitcoin bulls.

“If you were caught off guard by the Bitcoin selloff, you simply haven’t been paying attention to the right things. This move had nothing to do with narratives. We’ve seen it developing in the charts, and have been talking about it for over a month,” an X post stated after the futures open.

Alan pointed to a so-called “death cross” involving the 21-week and 50-week SMAs, something that in the past has “always led to a macro bottom.”

The signal refers to a shorter-term weekly crossover, where the 21-week moving average fell below the 50-week, rather than the classic 50-day/200-day “death cross,” and is typically viewed as a lagging indicator of momentum rather than a definitive trend reversal.

BTC/USD one-week chart. Source: Keith Alan/X

The cross occurs when the falling 21-period trend line crosses under the 50-period equivalent. Alan added that he was looking at the 100-week SMA for a bounce, which was at $86,900.

Even more downbeat was veteran trader Peter Brandt, who eyed a retreat below the $60,000 mark.

The last time that BTC/USD traded at that level was in October 2024.