Republican Rep. Logan Manhart introduced House Bill 1155 to let South Dakota's State Investment Council invest up to 10% of eligible funds in Bitcoin. On January 27, 2026, he announced the filing on X. The bill outlines exposure via direct holdings, qualified custodians or regulated exchange-traded products and sets stringent custody and security requirements.

During Wednesday’s Asian session, Ether rose 2.6% to $3,028, reclaiming the $3,000 threshold after six days below it. Analysts flagged nearby resistance at $3,100, while Santiment said Wednesday that non-empty Ethereum wallets exceeded 175 million. Glassnode’s Chris Beamish on Tuesday described price as sitting on a dense cost basis cluster.

On January 27, 2026, Bitwise Asset Management registered the Bitwise Uniswap ETF in Delaware as an initial legal step that could precede a filing with the SEC. The move is seen as part of Bitwise's broader ETF expansion strategy, while Uniswap's UNI token traded around $4.79 with a market cap of $3.04 billion and a 24-hour volume of $135.71 million. Market watchers report no immediate shift in existing Bitwise products or UNI's trading metrics following the registration.

Ethereum is preparing to deploy ERC-8004 on mainnet, a MetaMask-developed standard for trustless discovery and verification of AI agents. A possible Thursday rollout was indicated, and an update on January 27, 2026 said the launch would happen on mainnet "soon." The standard enables portable reputation and cross-organization agent interactions.

On 26 January, U.S. spot Ethereum ETFs recorded $117 million in net inflows, with Fidelity adding $137 million while BlackRock saw net outflows. As ETH traded around $2,908 and network fees fell to their lowest level since May 2017, liquidity support formed near $2,900 and $2,850, but weak momentum indicators cast doubt on a clean break above $3,000.

Eco CEO Ryne Saxe argues that the U.S. Senate's proposed ban on passive yield for stablecoin holders would strengthen traditional banks while limiting the growth of DeFi applications. He warns that such restrictions could push U.S. users toward offshore or fully on-chain services, shift regulatory pressure onto crypto frontends, and encourage issuers to design activity-based rewards that closely resemble yield in practice.

Tether launched USA₮, a dollar-backed stablecoin issued by Anchorage Digital Bank, N.A., and built to operate under the GENIUS Act. U.S. users can access it via Bybit, Crypto.com, Kraken, OKX, and MoonPay. The move positions Tether against Circle's USDC at $72 billion, alongside USDT's $186 billion global scale.

Ripple executives have reiterated that XRP will remain central to the company's strategy as it broadens into custody, stablecoins and prime brokerage. Reece Merrick and Brad Garlinghouse both emphasized that XRP sits at the core of Ripple's vision, with a detailed discussion of its role scheduled for an X Spaces event on Feb. 11. The company is also backing Evernorth, a dedicated XRP treasury firm, to support institutional use of the token through its Ripple Treasury platform.