Crypto Stocks Sink as Spot Volume Plunges and Bitcoin Tumbles Below $84,000
Bitcoin slipped below $84,000, a 6% drop that pulled crypto‑related equities lower across the board. Coinbase led the decline, falling 7% and extending its losing streak to eight sessions, its longest since September 2024, while other exchanges such as Gemini, Bullish and Circle also posted double‑digit year‑to‑date losses. Spot trading volume on crypto exchanges plunged to $900 billion in January, roughly half of the $1.7 trillion recorded a year earlier, signaling waning market participation. Meanwhile, miners pivoting to AI data‑center services and Galaxy Digital’s expansion into Texas data infrastructure have delivered year‑to‑date gains, offering a rare bright spot.
Aero DEX Aims to Fix Liquidity Fragmentation and Dethrone the Incumbents
Aero, a unified decentralized exchange built by Dromos Labs, will launch on Ethereum mainnet in Q2 2026, merging the Aerodrome and Velodrome protocols. The rollout aims to challenge incumbents such as Uniswap and Curve by addressing liquidity fragmentation across layer‑2 networks....
Bitcoin’s Major Safety Net Just Snapped. Why a Drop Below $85,000 Might Risk More Selloff
Bitcoin breached its 100‑week simple moving average, slipping below $85,000 and ending a two‑month support pattern. The breakdown opens the path toward the next technical foothold around $75,000, with deeper support at the 200‑week average near $58,000. Traders note that...
SEC Chair Says 'Time Is Right' For Pension Funds to Include Crypto, CFTC Head Says Digital Assets Set to Flourish
SEC Chair Paul Atkins said the time is right for retirement plans, including 401(k)s, to add cryptocurrency, while CFTC Chair Mike Selig predicted digital assets will flourish once Congress passes a market‑structure bill. The Senate Agriculture Committee advanced the draft...
Grading America’s Progress Toward Becoming the Crypto Capital of the World
One year after an open letter urging the United States to become the crypto capital, U.S. policymakers have made notable strides across three priority areas. Market‑structure legislation is advancing, stablecoin rules under the Genius Act have been enacted, and regulators...
Crypto Custody Firm Copper in Early Talks for IPO as Crypto 'Plumbing' Becomes New Wall Street Favorite
London‑based crypto custodian Copper is in early discussions about a public listing, potentially partnering with Goldman Sachs, Citi and Deutsche Bank. The decision will depend on the firm’s near‑term revenue performance, even as it publicly downplays immediate IPO plans. Copper...
Russia Plans to Cap Retail Crypto Buys at $4,000 as It Brings Digital Assets Into the Legal Fold
Russia’s State Duma will finalize crypto regulations by June, with the rules taking effect on July 1, 2027. Retail investors will be limited to buying up to 300,000 rubles (about $4,000) in cryptocurrencies, while qualified investors must pass a risk‑assessment...
Robinhood Is Investing in Crypto Trading Platform Talos at $1.5 Billion Valuation
Robinhood is committing $45 million to Talos in an extended Series B round, pushing the crypto‑trading technology firm’s valuation to roughly $1.5 billion. The financing brings Talos’s total Series B capital to $150 million and adds strategic investors such as Sony Innovation Fund, IMC, QCP...
Crypto Payments Firm BCB Group Appoints Tim Renew as CEO in Leadership Reshuffle
BCB Group appointed Tim Renew as CEO, moving co‑founder Oliver Tonkin to a newly created president role. Renew, who joined as chief revenue officer in 2024 and later became deputy CEO, will steer the firm’s next growth phase after securing...
More than Half of Bitcoin Investors Are Officially Underwater as the $88,000 Price Level Fails to Hold
An on‑chain analysis shows 63 % of Bitcoin’s invested supply has a cost basis above $88,000, meaning most investors are underwater. The UTXO Realized Price Distribution indicates tens of billions of dollars sit between $85,000 and $90,000, creating selling pressure if...
UAE's Central Bank Has Approved a USD-Backed Stablecoin
The Central Bank of the United Arab Emirates has granted approval for USDU, the country’s first USD‑backed stablecoin, under its Payment Token Services Regulation. Issued by Universal Digital, the token is fully collateralized 1:1 with reserves held in on‑shore accounts...
First Gold and Silver, Now Oil's Starting to Rally and That's Bad News for Bitcoin
Oil prices surged in January, with West Texas Intermediate climbing 12% to $64.30 per barrel and Brent reaching $68.22, the highest levels since September. The rally stems from geopolitical tension over Iran, shrinking U.S. inventories, and broader supply concerns. Higher...
White House to Meet with Crypto, Banking Executives to Discuss Market Structure Bill
The White House’s internal crypto policy council will meet with executives from crypto firms and traditional banks to address stablecoin yield provisions in the pending market‑structure bill. The legislation, delayed after lawmakers objected to how it would regulate interest‑bearing stablecoins,...
Crypto's Political Power Supercharged with $193 Million in Fairshake, Thanks to New Cash
The crypto industry’s primary political action committee, Fairshake, announced a $193 million war chest, bolstered by a $25 million contribution from Ripple and $24 million from Andreessen Horowitz. This cash pool would place Fairshake among the nation’s top five PACs, eclipsing its 2024...
Coinbase Rolls Out Prediction Markets to All U.S. Customers
Coinbase has opened its prediction‑market platform to all U.S. customers, leveraging a partnership with regulated operator Kalshi, which was recently valued at $11 billion. The service lets users trade binary contracts on events such as elections, sports outcomes, collectibles and economic...
MegaETH Mainnet to Go Live Feb. 9 in Major Test of ‘Real-Time’ Ethereum Scaling
MegaETH, a high‑performance Ethereum layer‑2, announced its public mainnet will launch on February 9, 2026. The rollout follows a heavily oversubscribed $450 million token sale in October 2025 that sold 5 % of the 10 billion MEGA supply. Backed by Ethereum co‑founders Vitalik Buterin and Joe Lubin, the...
Wall Street Giants Push Back on Exemptions for Tokenized Securities in SEC Meeting
Wall Street firms—including SIFMA, Cahill Gordon & Reindel, Citadel and JPMorgan Chase—met with the SEC Crypto Task Force to argue against special exemptions for tokenized securities. They warned that blockchain‑based issuance should not create a separate regulatory track and urged...
Circle Shares Rise 4% as Polymarket-Driven USDC Growth Prompts Analyst Upgrade
Circle (CRCL) shares jumped 4% after Mizuho upgraded the stock to neutral, citing a surge in USDC usage on prediction market Polymarket. The analyst projects Polymarket’s 2026 trading volume to reach $50 billion, roughly three times 2025 levels, potentially adding 25%...
Robinhood CEO Says Tokenized Stocks Could Prevent Another GameStop Freeze
Robinhood CEO Vlad Tenev says the 2021 GameStop buying halt was caused by outdated settlement infrastructure, not market actors. He argues that blockchain‑based tokenized stocks would eliminate the multi‑day settlement lag that still exists under the T+1 regime. Robinhood has...
Peter Thiel and Galaxy-Backed Citrea Wants to Turn Idle Bitcoin Into a High-Speed Bank Account
Citrea, backed by Peter Thiel’s Founders Fund and Galaxy Ventures, has launched its Bitcoin‑focused mainnet, aiming to create a credit market anchored directly to BTC. The platform introduces ctUSD, a Treasury‑backed stablecoin issued by MoonPay, designed for U.S.‑dollar settlement and compliance...
Fidelity Investments Starts Its Own Stablecoin in a Massive Bet that Future of Banking Is on Blockchain
Fidelity Investments is launching the Fidelity Digital Dollar (FIDD), an Ethereum‑based stablecoin redeemable 1:1 for U.S. dollars, in early February. Backed by cash, cash equivalents, and short‑term Treasuries, the coin will be issued by Fidelity Digital Assets, a federally chartered...
WisdomTree Expands Tokenized Fund Access to Solana in Multichain Push
WisdomTree announced that its full suite of tokenized funds will now be available on the Solana blockchain through its WisdomTree Connect and WisdomTree Prime platforms. Both institutional and retail investors can mint, trade, and hold these real‑world asset tokens directly...
Nomura's Laser Digital Applies for U.S. National Trust Bank to Offer Crypto Custody
Laser Digital, Nomura’s digital‑assets division, filed an OCC application to launch a U.S. national trust bank that would provide crypto custody, spot trading and staking services under federal supervision. The bank would serve institutional clients and also hold U.S. government...
Here's How China's Response to Trump Tariffs Silently Rocks Bitcoin
China has countered President Trump’s roughly 29% tariffs on its goods by tightly managing the yuan, preserving export competitiveness and keeping the currency range‑bound. This exchange‑rate discipline amplifies dollar‑driven liquidity cycles, which in turn influence macro‑sensitive assets like Bitcoin. JPMorgan...
Dogecoin Turns Lower After Failing to Hold $0.124
Dogecoin hovered near $0.124 but failed to sustain the breakout, closing the 24‑hour period at $0.1246 after a modest 0.6% gain. The token traded in a tight $0.122‑$0.125 range, with sellers turning the $0.1243 level into resistance in the final...
BNB Rises 2.5%, Nears $900 Mark as Prediction Market Growth Signals Utility Expansion
BNB surged 2.5% to $893, closing in on the $900 resistance level. The rally coincided with Virtune’s launch of a physically backed BNB exchange‑traded product on Nasdaq Stockholm, offering direct exposure with a 1.95% annual fee and Coinbase custody. Meanwhile,...
Anthony Scaramucci-Linked AVAX One Tumbles 32% on Uncertainty Around Shareholder Sales
AVAX One, a digital‑asset treasury firm linked to Anthony Scaramucci, saw its stock plunge more than 32% after filing that nearly 74 million insider shares are now registered for resale. The company, which holds AVAX tokens and other Avalanche ecosystem assets, disclosed...
WH Advisor Patrick Witt: Davos 2026 Was ‘Turning Point’ for Global Crypto Normalization
White House advisor Patrick Witt told CoinDesk that the World Economic Forum in Davos 2026 was a turning point for normalizing digital assets. He reiterated the administration’s pledge to make the United States the “crypto capital of the world” and to...
Privacy-Focused Miden, Korea Digital Asset Agree to Build Crypto Infrastructure for Institutional Adoption
Miden, a privacy‑focused blockchain firm, has signed an MOU with Korea Digital Asset (KODA), South Korea’s largest institutional crypto custodian. The collaboration will develop privacy‑preserving, compliance‑ready infrastructure and standards for regulated digital‑asset adoption in the country. The deal aligns with...
Galaxy Digital Leads $7M Investment in Tenbin to Build Improved Tokenized Gold and FX Markets
Galaxy Digital’s venture arm led a $7 million seed round for Tenbin, a New‑York startup building institutional‑grade tokenized gold and emerging‑market FX on blockchain. Tenbin will anchor its tokens to CME futures, delivering near‑real‑time pricing, rapid settlement and yield from futures‑basis...
Tether Takes the Fight to Circle with a New 'Made in America' Stablecoin
Tether has launched USAT, a U.S.-regulated dollar‑backed stablecoin issued through Anchorage Digital Bank, aligning with the GENIUS Act. The token is overseen by the OCC and backed by Cantor Fitzgerald as reserve custodian, positioning it as a domestic alternative to...
Trump Family-Backed American Bitcoin Lifts Bitcoin Holdings to Nearly 5,900 Coins
American Bitcoin, the Trump‑family‑backed mining firm, raised its bitcoin reserves to roughly 5,843 BTC, positioning it as the 18th‑largest corporate holder worldwide. The company posted a 116% bitcoin yield from its September 2025 Nasdaq debut through January 2026, achieving this...
Bitcoin to Silver Ratio Nears Levels Last Seen During the FTX Capitulation
Silver’s price has surged roughly 300% over the past year, but recent volatility sparked a sharp intraday swing, pulling back from $117 to $112 per ounce. The bitcoin‑to‑silver ratio now sits around 780, aligning with the low levels seen during...
As Bitcoin Miners Cut Unprofitable Production, Hash Ribbon Metric Points to BTC Price Rebound
An intense U.S. storm forced Bitcoin miners to shut down equipment, slashing the network hashrate by roughly 20% and prompting a projected 17% difficulty cut—the steepest since July 2021. The drop triggered a miner capitulation signal on Glassnode’s Hash Ribbon, where...
Australia's Corporate Regulator Flags Risks From Rapid Innovation in Digital Assets
Australia’s corporate regulator ASIC warned that rapid growth in digital assets and artificial intelligence is exposing consumers to unlicensed services. Its 2026 Key Issues Outlook highlighted regulatory gaps in crypto, payments and AI, urging the government to clarify whether these...
Bitcoin and Ether Volatility Trading Gets Easier with Polymarket's New Contracts
Polymarket has launched two new prediction contracts linked to Volmex’s 30‑day implied volatility indices for Bitcoin and Ethereum. The contracts pay out if a one‑minute candle on the volatility index reaches a preset target before year‑end, letting users bet on...
Macro Fears Mask Ethereum’s Momentum, SharpLink CEO Says
SharpLink CEO Joseph Chalom says institutional giants, led by BlackRock, are betting heavily on Ethereum as the backbone for tokenized assets despite current price stagnation. He cites three drivers—a strong endorsement from Larry Fink, over 65% of stablecoins residing on...
Deus X CEO Tim Grant: We Aren't Replacing Finance; We're Integrating It
Deus X Capital CEO Tim Grant will speak at CoinDesk’s Consensus Hong Kong conference, emphasizing that digital assets are meant to augment, not replace, traditional finance. Grant, who entered crypto in 2015 after meetings with Ripple and Coinbase, leads a family‑office‑backed...
Millions in Crypto Wealth at Risk of Vanishing when Holders Die. Here's How to Protect Them
Millions of dollars in crypto risk disappearing when owners die without proper estate planning. Recent updates like the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) clarify that executors can access assets held by custodians, but many holders still...
Crypto Exchange WhiteBIT Flagged by Russia as 'Undesirable' Over Support for Ukraine Military
Russia’s prosecutor general has designated Ukrainian‑founded crypto exchange WhiteBIT and its parent W Group as “undesirable,” criminalising any interaction by Russian citizens. The move follows accusations that WhiteBIT funneled funds to Ukraine’s military, donating $11 million and processing over $160 million in defense...
Cathie Wood’s ARK Invest Files for Two Crypto Index ETFs Tied to CoinDesk 20
ARK Invest has filed with U.S. regulators to launch two new cryptocurrency ETFs that track the CoinDesk 20 benchmark. One fund will replicate the full index, while the second will mirror the index but exclude bitcoin by pairing long index futures...
Here Are the Winners and Losers (so Far) in Bitcoin Mining From Nvidia's $2B CoreWeave Investment
Nvidia’s $2 billion investment in cloud‑AI specialist CoreWeave has intensified competition for GPU resources, prompting a sharp sell‑off in several bitcoin miners that are pivoting to AI infrastructure. Shares of Cipher Mining, CleanSpark, IREN and TeraWulf dropped 5‑9% as investors fear...
BlackRock Doubles Down on Bitcoin Fund Offerings with Income-Focused Filing
BlackRock filed an S‑1 to launch the iShares Bitcoin Premium Income ETF, which will use a covered‑call strategy on bitcoin or its IBIT holdings to generate income. The fund will actively manage call options, trading upside potential for regular premium...
Bitcoin Hash Rate Slides During U.S. Winter Storm While Markets Shrug Off Mining Disruption
Bitcoin’s network hash rate dropped about 10% on Sunday as a severe U.S. winter storm knocked out roughly one‑tenth of the global mining power. The outage highlighted the growing concentration of mining in a few dominant pools, with the top...
Bitcoin Risks Fourth Straight Monthly Loss, a Streak Not Seen Since 2018
Bitcoin is on track for a fourth consecutive monthly decline, a streak not seen since 2018‑19, with the price hovering around $87,000. The cryptocurrency has fallen roughly 36% from its October peak, marking a sharp correction after a series of...
Bitcoin Income Windfall Drives Metaplanet to Revise Full-Year Revenue Forecast Upward
Metaplanet announced FY2026 revenue above ¥100 billion, with 97.5% expected from its Bitcoin Income Generation unit. The firm’s bitcoin holdings, roughly 35,102 BTC valued at over $3 billion, underpin a structured‑options yield strategy. FY2025 revenue rose 31% to ¥8.9 billion, but a ¥104.6 billion write‑down...
Ark Invest Bought $21.5 Million of Crypto Company Shares as Bitcoin Fell Under $90,000
Cathie Wood’s Ark Invest added $21.5 million of equity exposure to three crypto‑related firms on Jan 24, marking the first purchases of Coinbase, Circle and Bullish since mid‑December. The trades were executed through Ark’s Innovation (ARKK) and Blockchain & Fintech Innovation (ARKF)...
Solana’s New Phase Is ‘Much More About Finance,’ Says Backpack CEO Armani Ferrante
Solana’s ecosystem is pivoting from meme‑driven hype to a sober focus on financial infrastructure, according to Backpack CEO Armani Ferrante. Over the past year the network has emphasized high‑throughput on‑chain trading, market structure and settlement rather than NFTs or gaming....
Here's What Fed's Highly Anticipated Rate Decision This Week Means for Bitcoin and the Dollar
The Federal Reserve is expected to keep its policy rate steady at 3.5%‑3.75% this week, marking a pause after three consecutive quarter‑point cuts. Traders will watch Jerome Powell’s language to determine whether the pause is hawkish, which could bolster the...
How the Ultra-Wealthy Are Using Bitcoin to Fund Their Yacht Upgrades and Cannes Trips
Ultra‑wealthy crypto investors are turning to decentralized finance platforms such as Aave, Morpho and Uniswap to obtain short‑term credit without liquidating their Bitcoin or Ether holdings. Cometh, a French DeFi‑for‑businesses firm that recently secured a MiCA licence, structures these loans...
