Day: January 29, 2026

Bitcoin Longs Reach 2-Year High At Bitfinex: Bullish Or Bearish?

admin

Key takeaways: Bitfinex Bitcoin margin longs hit two-year highs, but arbitrage suggests this isn’t a purely bullish price indicator. Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior. Bitcoin (BTC) price plummeted to its lowest level in over two months on Thursday, retesting the $84,000 support. This sell-off aligned with a broader move toward risk aversion after Microsoft (MSFT US) shares tanked 11% following reports of increased capital expenditures and disappointing quarterly cloud server revenue. ​Investors are currently analyzing why demand for bullish…

21Shares Lists JitoSOL-Backed Solana ETP in Europe

admin

21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded. The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on Euronext Amsterdam and Paris, making it the first Europe-listed ETP backed by JitoSOL, according to the company. The product holds JitoSOL directly and reflects staking rewards in its net asset value. Issued by the Jito Network, JitoSOL represents SOL (SOL) deposited into a liquid staking program on the Solana…

Copper Explores IPO as Crypto Custody Draws Wall Street Interest

admin

Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies.  Citing sources close to the discussions, CoinDesk reported Thursday that Copper is exploring its public listing options, with Deutsche Bank, Goldman Sachs and Citigroup among the banks involved. A Copper spokesperson said the company is not currently planning a public listing, but declined to comment on whether the custodian is in early-stage talks about going public. Backed by Barclays,…

Escape Velocity Raises $62M DePIN Fund Even as Crypto VC Slows

admin

Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding. As first reported by Fortune on Thursday, the raise marks Escape Velocity’s second fund dedicated to backing founders across DePIN and other crypto-native sectors. The fund closed in December and drew support from investors including Marc Andreessen, co-founder of Andreessen Horowitz, and Micky Malka, founder of Ribbit Capital. Cendana Capital, a venture fund-of-funds that…

Talos Extends Series B to $150M with Robinhood, Sony Backing

admin

Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion. The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning investors a16z crypto, BNY and Fidelity Investments, according to the company. “We extended our Series B round to accommodate interest from strategic partners,” said Talos CEO Anton Katz. Talos said proceeds will be used to expand product development across its trading, portfolio management, execution, treasury and settlement tools…

BTC Slips to Yearly Low as Leverage Unwinds Below $85K

admin

Bitcoin’s (BTC) strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven by aggressive futures deleveraging rather than sustained selling in spot markets. Key takeaways: BTC fell to $83,600 and trades in the lower limit of the 10-week consolidation range that has capped its price since Q4.  Bitcoin taker sell volume spiked to roughly $4.1 billion over just two hours, suggesting futures-driven…

US CFTC to Partner with SEC on Agency’s ‘Project Crypto‘

admin

CFTC Chair Michael Selig and SEC Chair Paul Atkins held a joint agency event on Thursday to discuss harmonization on crypto regulation. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced that the agency would join the efforts of the Securities and Exchange Commission’s Project Crypto. In remarks prepared for an SEC-CFTC discussion on harmonizing the agencies’ approach to digital assets, Selig said that the CFTC would be partnering with the SEC on its Project Crypto, an initiative launched in July to establish clarity on regulations for…

Paul Atkins becomes first SEC chair to speak at Bitcoin Conference

admin

SEC Chair Paul Atkins will speak at the Bitcoin 2026 Conference in Las Vegas this April, becoming the first SEC chair to appear at the largest annual Bitcoin gathering. WE’RE EXCITED TO ANNOUNCE SEC CHAIRMAN PAUL ATKINS AS A BITCOIN 2026 SPEAKER 🇺🇸 ”[We’re] working together to deliver on President Trump’s promise to make America the crypto capital of the world.” 👏 pic.twitter.com/M4FAkvNAXg — The Bitcoin Conference (@TheBitcoinConf) January 29, 2026 The conference, organized by BTC Media, is scheduled for April 27-29 at The Venetian and is expected to draw…

SEC, CFTC plan to sign memorandum on crypto oversight

admin

The SEC and CFTC plan to formalize their cooperation on crypto regulation through a memorandum of understanding as part of their effort to establish rules supporting industry growth, The Wall Street Journal reported Thursday. SEC Chair Paul Atkins told the Journal he expects crypto legislation to pass this year but noted regulators can proceed without it. “In the long term, it’s better to have legislation,” Atkins said. “We can make do with our authority.” SEC and CFTC leadership will hold a joint event on January 29 to discuss harmonizing crypto…

Bitcoin Drops Under $85,000 as Macro Assets Fall Worldwide

admin

Bitcoin (BTC) fell to two-month lows Thursday as crypto joined stocks and precious metals in a snap sell-off. Key points: Bitcoin dives below $85,000 as macro assets suddenly tumble from record highs. Gold and silver shock market watchers as nerves over global financial stability grow. BTC price action faces an uphill struggle to avoid “Bearadise” at the monthly close. Gold meltdown catches Bitcoin in its wake Data from TradingView captured new 2026 lows for Bitcoin, which reached $83,156 on Bitstamp to bring daily losses to nearly 6%. BTC/USD one-hour chart.…