Bitcoin reclaimed $90,000 on Wednesday afternoon after President Donald Trump backed away from threats of imposing tariffs on several European countries over the Greenland issue. The leading digital asset had fallen to $87,300 by midday after Trump delivered his speech at the World Economic Forum in Davos, according to CoinGecko. In his remarks, Trump said Washington was seeking immediate negotiations to acquire Greenland but emphasized that military force would not be used. Market concerns were reignited over the weekend after Trump signaled plans to impose 10% tariffs starting Feb. 1…
Month: January 2026
Half of Fortune 500 to Adopt Crypto in 2026
Stablecoins, tokenized assets, and custody are set to replace pilot programs as crypto moves into core operations. Ripple President Monica Long has said that about half of Fortune 500 companies will adopt formal crypto or digital asset treasury strategies in 2026, pointing to stablecoins, tokenized assets, and custody as main areas of use. She framed crypto less as a trading product and more as financial infrastructure that large firms are beginning to treat as part of routine operations. Institutional Crypto Shifting From Pilots to Production Long shared her outlook…
XRP Drops Below $2 as ETF Outflows Spike and Stablecoin Settlement Debate Clouds Outlook
XRP has slipped below the $2 mark, extending a week-long decline that has unsettled traders and renewed questions about the token’s short-term outlook. Related Reading The drop comes amid heavy outflows from XRP exchange-traded funds (ETFs), broader market weakness tied to U.S. tariff developments, and fresh debate over Ripple’s growing focus on stablecoins for global payments. After briefly recovering to around $2.20 in mid-January, XRP fell as low as $1.85 over the weekend following what market commentators described as a liquidity sweep. XRP’s price trends to the downside on the…
Vitalik Buterin Says He Will Return Fully to Decentralized Social in 2026
Ethereum co-founder Vitalik Buterin said he plans to fully recommit to decentralized social media in 2026, arguing that only platforms built on shared, decentralized data layers can foster real competition and support mass communication systems aligned with users’ interests rather than engagement metrics. In a Wednesday post on X, Buterin said he has shifted his activity toward decentralized social platforms this year, noting that every post he has written or read in 2026 has been accessed through Firefly, a multi-client interface that supports X, Lens, Farcaster and Bluesky. “If we…
ETH Dip Buyers Absorb $130M Ether, But Risk Of $2.7K Drop Remains
Ether (ETH) price saw a daily candle close below $3,000 on Tuesday, but a positive is that data showed large holders were buying throughout the dip. While ETH whale accumulation signals growing confidence, conflicting indicators suggest rising market risk for the altcoin. Key takeaways: ETH whales and institutional investors bought over $130 million in Ether as the price closed below $3,000 on Tuesday. BitMine added more than 92,500 ETH in January, showcasing the growing demand for staking yield. Whales bought the dip as ETH traded below $3,000 ETH dropped 7.83%…
Trump Cancels Greenland Tariffs, Bitcoin Volatility Spikes
Donald Trump called off Feb 1st tariffs, teasing progress being made on the Greenland deal. It’s been nothing but volatile throughout the past few hours as Donald Trump’s comments shake markets across the board. In a new twist, the President of the United States has now called off the tariffs that he imposed on several European countries regarding Greenland. In a statement on Truth Social, he said: Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the…
Sacks Says Banks and Crypto Will Merge Into One Digital Asset Industry
White House crypto czar David Sacks said banks and crypto companies will ultimately merge into “one digital asset industry” once Congress passes the long-delayed market structure bill. The comments came during an interview on CNBC’s Squawk Box on Wednesday at the World Economic Forum (WEF) in Davos, Switzerland, where Sacks was asked about the negotiations around the proposed CLARITY Act, a market structure bill that has stalled amid debate over whether stablecoin issuers should be permitted to offer yield. David Sacks (middle) speaks during a Squawk Box interview at the…
Pushing Out Bears As Confirmation Closes In
PEPE is finally entering a critical phase as recent price action suggests the market is actively pushing out bears ahead of a potential structural shift. Pseudonymous crypto analyst ‘The Composite Trader’ argues that the move is less about immediate upside and more about completing a controlled reversal process and preventing any further downside. In an X post this Tuesday, The Composite Trader updated a setup he first outlined on January 5, explaining that PEPE’s sharp bullish expansion at the start of the year was never meant to be sustained. He…
Iran‘s Central Bank Acquired $507M in USDt to Prop up Rial: Elliptic
The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Blockchain analytics platform Elliptic reported that the Central Bank of Iran (CBI) acquired more than half a billion dollars worth of Tether’s USDt, with indications that the stablecoins were used to prop up the country’s fiat currency. In a Wednesday report, Elliptic said Iran’s central bank had about $507 million in USDt (USDT), the US dollar-pegged stablecoin issued by Tether. According to the platform, it…
XRP Price Dropped 68% the Last Time This Happened
XRP’s (XRP) onchain market structure resembles a setup that led to significant losses in 2022 after the price lost a key support level. Key takeaways: XRP’s onchain structure mirrors the February 2022 setup that led to a 68% price drop. XRP bulls must reclaim $2 to avoid a deeper correction toward $1.10. XRP spot ETFs recorded a net outflow of $53.32 million, their second-ever day of outflows and the largest since launch. Previous signal preceded 68% XRP price drop Data from Glassnode warned that XRP’s current market structure “closely resembles…