Welcome to US Crypto News morning report – your daily overview of the most important events in crypto today.
Grab a cup of coffee, get comfortable, and check the calendar. Tomorrow evening something big might happen in the crypto world. One single vote could create chaos or spark a significant development that many only talk about quietly.
Today's crypto news: Ethereum investors are following BitMines shareholder voting
When the clock approaches midnight on January 14, 2026, everyone is focused on an important shareholder vote. The decision could shape the future of Ethereum (ETH) and the company's biggest advocate, BitMine Immersion Technologies (BMNR).
BitMine, with Tom Lee from Fundstrat as chairman, has heavily invested in becoming the world's largest public Ethereum treasury.
On January 11, the company had 4.07 million ETH, approximately 3.36% of the total supply. 1.256 million ETH is already staked, providing significant passive income from the company's growing validator operations.
The company has recently purchased tens of thousands of ETH in recent weeks. This shows that the company's goal is to reach 5% of the ETH supply.
The crucial event is the last day to accept Proposal 2. It is about increasing the number of allowed shares from 500 million to a full 50 billion.
The management, led by Tom Lee, says that this 'one-time increase' must be made to ensure the company does not stop growing.
If the proposal is not approved, BitMine cannot issue more shares to buy more ETH after today's limit. Therefore, the company can no longer make new purchases, acquisitions, or continue to build its treasury in the same way.
Lee has said that the company has never issued shares below 1.0x adjusted net asset value (mNAV). He believes that the decision adds value for shareholders in the long term.
If the company does not receive the necessary 50.1%, it could take a long time before a new decision. There may be extra meetings and uncertainty for several months. Likewise, this scenario has already harmed other companies like Bit Digital (BTBT).
Analysts warn that a 'no' means growth will freeze. The company can then only use its current 988 million USD in cash for more purchases.
January 15 could be decisive for Ethereum.
On January 15, several significant events will also take place. BitMine's annual shareholder meeting at Wynn Las Vegas will be held immediately after the vote. There, they will hear about their Made in America Validator Network (MAVAN) and possible new strategies that open ETH purchases.
At the same time, the US Senate plans to pass the Digital Asset Market Clarity Act (CLARITY Act). The new law could provide clearer regulations, stop manipulation, require proof of reserves, and open up for more institutions to use altcoins like Ethereum.
The foundation on Ethereum's blockchain is increasing the tension. The queues to exit staking recently hit zero (the first time since mid-2025) but then increased to 512.
Similarly, the balance at exchanges is at its lowest level in ten years. Institutional purchases from ETFs and treasuries like BitMine block an increasing portion of the supply.
ETH is trading around 3,129 USD right now. It looks like a classic pressure – lower selling supply meets increased demand from staking and the use of stablecoins, tokenization, and real-world assets.
BMNR stock is trading at 31.13 USD right now and is around 1.0x mNAV. This stock provides leverage against ETH.
A successful vote could start a positive spiral – ETH increases, BitMine's treasury becomes more valuable, allowing the company to buy even more. Then the value could rise even more.
Critics, however, believe that 50 billion shares pose too great a risk of dilution. But even some critics still support a 'yes' to avoid the company from coming to a standstill.
Lee has provided clues, and the crypto market shows strength. Therefore, January 14 and 15 will be crucial days.
If the proposal goes through, it could bring significant gains for both ETH and BMNR. A rejection means a risk of several months of stagnation for 'the largest corporate token' in Ethereum. It could also be a setback for institutional use of crypto in 2026.
Today's chart
Here is a summary of more American crypto news you can follow today:
Columbia Business School explains why 5 myths about stablecoins are hindering crypto reforms in the USA.
Bitcoin aims for 95,000 USD again as market pressure decreases.
This is required for silver to reach 100 USD by 2026.
Eric Adams' NYC token is criticized after liquidity changes create concerns about a rug pull.
The US Senate favors banks as crypto legislation limits savings returns on stablecoins.
Ethereum faces a significant resistance level in 2026, but inflows of 5.04 million USD to the ETH ETF provide hope.
CME is preparing for stress on gold and silver with new margin rules.
Overview of crypto-related stocks before market opening
Company Closing January 12 Pre-trade overview Strategy (MSTR) 162.23 USD 163.26 USD (+0.63%) Coinbase (COIN) 242.98 USD 244.25 USD (+0.52%) Galaxy Digital Holdings (GLXY) 25.49 USD 25.53 USD (+0.16%) MARA Holdings (MARA) 10.65 USD 10.72 USD (+0.67%) Riot Platforms (RIOT) 16.45 USD 16.58 USD (+0.79%) Core Scientific (CORZ) 17.48 USD 17.52 USD (+0.23%)
The competition at the stock market opening for crypto-related stocks: Google Finance