On Thursday, Terry Smith said his £16 billion Fundsmith Equity fund returned 0.8% in 2025, lagging the 12.8% global benchmark and 4.2% cash deposits. He cautioned investors not to expect annual outperformance and noted a 1.7% average yearly beat since 2010. Peer funds averaged 10.8%, according to Investment Association figures he cited.

On January 8, 2026, Santiment reported that Zcash’s developer activity had fallen to levels last seen in late 2021. On January 9, 2026, the project continued to grapple with a governance rift and market weakness, with ZEC declining roughly 40% over the past two months even as the Zcash Foundation said the protocol remains secure.

Bank of New York Mellon launched a tokenized deposit service on Jan. 9, enabling blockchain-based payments and collateral for institutional clients. The custodian of $57.8 trillion in assets aims for automated settlement and 24/7 operability, with early users including ICE, Citadel Securities, DRW, Ripple Prime, Baillie Gifford, and Circle.

A newly revealed bug in Babylon's Bitcoin staking protocol could let malicious validators omit block hash data from BLS vote extensions, threatening consensus during epoch transitions. Developers warned that the flaw may cause validator crashes and slow block production if abused by multiple participants, even though no exploitation has been observed so far. The disclosure comes as Babylon expands its Bitcoin-native DeFi ambitions, backed by a recent $15 million BABY token investment from a16z Crypto and a partnership with Aave Labs.

Bitcoin has slipped into undervaluation versus silver amid metals strength and stretched equities. The BTC-to-silver ratio is nearing a 1,000x floor last seen in 2018 and 2020, and a baseline case points to silver near $50 and Bitcoin around $50,000 in 2026. The setup suggests 2026 could invert dynamics seen in 2021.

On January 9, SHIB rose 1.05% over the past 24 hours and was quoted at $0.00000872. TradingView charts show the price challenging support near $0.00000866 and approaching $0.00000858 on higher time frames. If selling persists, a retest of the $0.0000080 area by week's end and, midterm, $0.0000070 on a weak weekly close are possible.

According to Onchain Lens, one of Hyperliquid's most aggressive traders has opened a $30,043,987 XRP long with 20x leverage as part of a wider $328 million leveraged portfolio in BTC, ETH, SOL and XRP. The same whale became known for unloading hundreds of BTC in December to fund large Bitcoin and Ethereum shorts, which previously boosted profit and loss to over $8.28 million.

TSMC reported NT$1.05 trillion ($33.1 billion) in revenue for the quarter ended December, surpassing the NT$1.02 trillion forecast and marking about a 20% increase. Demand for Nvidia's AI chips and Apple processors contributed to the strength. The company will hold its earnings call on January 15, when it is expected to outline a 2026 spending budget of at least $48 billion.