Hello Friends, here’s a look at all the dramatic crypto news from yesterday, the 13th of January 2026.
The US Senate has limited stablecoin yields through a dramatic bipartisan bill
Senate Banking Committee Chair Tim Scott unveiled a bipartisan draft bill on Monday that bans service providers from paying interest or yields on idle payment stablecoin balances.
Right now, holders of stablecoins in the U.S. can earn good returns (often 4-12% or more per year) by either lending their stablecoins on easy apps like Aave or Compound or using simple centralized platforms like Coinbase or Binance that pay rewards for holding or lending them.
The draft bill does permit rewards tied to specific actions like transactions, staking, liquidity provision, or collateral posting. The compromise, championed by Democratic Senator Angela Alsobrooks, attempts to resolve weeks of heated debate between traditional banks and cryptocurrency platforms.
Your completely free resource hub designed to boost your knowledge of cryptocurrencies
US President Donald Trump issues data centre power warning in dramatic crypto news
Now here’s another crazy and dramatic crypto news story coming right from the United States.
U.S. President Donald Trump said on Tuesday that large technology companies must cover the full cost of electricity used by their data centers, a stance that could also ripple into energy-intensive sectors like crypto mining.
In a post on Truth Social, Trump said his administration is in direct talks with Microsoft, adding that the company is set to announce “major changes” this week. The goal, he said, is to stop rising power demand from data centers, driven largely by AI and cloud computing, from pushing household electricity bills even higher.
“I never want Americans to pay higher electricity bills because of data centers.” Donald Trump said.
Changpeng Zhao also gives dramatic warning to memecoin holders
Binance’s ex-CEO Changpeng Zhao has given a bright warning regarding memecoins based on his social media activity to his millions of followers.
Zhao, who is commonly referred to by his initials CZ, put the message on X that his posts should not be recognized as investment advice or endorsements for his almost 10 million followers. He pointed out that people who are making financial decisions according to his casual or random posts are likely to lose their money.
The warning is exemplary for retail investors that keep trying to get the same amount of money as during the 2021 memecoin boom, when there was high volatility and sharp losses for latecomers.
