In January 2026, GameStop moved 2,396 BTC—about 51% of its treasury—to Coinbase Prime without confirming any sale. The transfer, flagged by on-chain analysts Sani and Emmett Gallic, fueled speculation about potential liquidation and coincided with a brief drop of over 3% in GME shares. If sold near current levels, potential losses were estimated at about $76M.

The broader crypto market is moving into a consolidation phase as multiple indicators show a renewed tilt toward Bitcoin dominance. The Altcoin Season Index has fallen to 29 out of 100 and the Crypto Fear and Greed Index sits at 34, highlighting weaker altcoin performance and rising caution among traders.

Updated on January 23, 2026, Artemis estimates adjusted stablecoin payments at about $400B annually, far below widely cited $10T–$30T transfer figures. Payments reportedly doubled over the past 12 months, with B2B at $230B, remittances at $90B, capital markets around $8B, and card usage at $4.5B, which rose 800% year over year.

Onchain derivatives platform Paradex refunded about $650,000 to roughly 200 users after a maintenance-related software issue led to unintended liquidations across several markets. The platform said the event occurred during a planned 30-minute database upgrade on Monday and prompted a chain rollback, order cancellations and new safeguards to prevent similar failures.

In early 2026, emerging market equities have risen about 7%, sharply outperforming the S&P 500’s 1% gain as investors reallocate away from US dollar assets and Treasuries. Major EM indexes logged a fifth straight week of advances, with Asia’s technology sector and Latin American shares, up 13% this year, leading the move. China’s central bank backed yuan strength, several EM currencies appreciated more than 3%, and a leading EM ETF drew over $6.5 billion in January amid renewed de-dollarization themes.

Over the next two decades, Nansen founder Alex Svanevik expects roughly $100 trillion in global assets to move between generations, with younger heirs directing significantly more of their portfolios into digital assets than today's holders. Research cited in the report indicates younger U.S. investors own crypto at more than twice the rate of older cohorts and often allocate triple the share of their portfolios to non-traditional assets, while institutions and new infrastructure continue to expand market access.

During an interview at Davos, Binance founder Changpeng Zhao said he would have blocked US users from the beginning to sidestep regulatory issues tied to the Bank Secrecy Act. His comments emphasize Binance's evolving focus on compliance, while Bitcoin trades at $90,126.62 with a $1.80 trillion market cap and a 29.02% drop in daily volume.

In January 2026, U.S. crypto legislation stalled again as Senate Banking Chair Tim Scott’s market structure bill was pushed back to late February or March and faced resistance from Senate Judiciary leaders Chuck Grassley and Dick Durbin over a developer exemption. The Senate Agriculture Committee, led by John Boozman, set a January 27 markup without Democratic backing, while CFTC Chair Michael Selig launched the "Future-Proof" initiative and SEC Chair Paul Atkins oversaw a 60% drop in crypto enforcement actions in 2025, alongside new SEC–CFTC coordination efforts. These moves highlight how regulatory agencies are assuming a larger role as Congress struggles to finalize a durable framework for U.S. digital asset markets.