On January 23, 2026, XRP traded in the lower $1.90 area, roughly 19% below its January 5 peak near $2.35, while social sentiment data showed small retail holders had slipped into "extreme fear." Metrics from Santiment indicate that this level of pessimism has historically preceded rebounds, even as spot volumes hovered just above $2 billion and leveraged markets saw $3.67 billion in activity and over $2.10M in long liquidations.

On 23 January 2026, Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission seeking approval for a spot Binance Coin ETF that would trade on Nasdaq under the ticker GBNB. The proposed product plans to use Coinbase for brokerage and custody, may include in-kind creation and staking, and came after Grayscale registered a BNB trust in Delaware, while BNB’s price hovered around $898 with limited immediate market reaction.

On 23 January 2026, on-chain data indicated that GameStop transferred its entire Bitcoin position to Coinbase Prime after buying approximately 4,710 BTC between 14 and 23 May 2025 for around $504 million. With Bitcoin trading near $90,800, a sale at current prices would lock in losses of roughly $76 million and is seen as symbolically important for how markets judge corporate BTC timing, even though the position is too small to significantly impact liquidity.

On January 21, 2026, Ondo Finance said more than 200 tokenized U.S. stocks and ETFs went live on Solana, expanding access to on-chain capital markets. Dune Analytics data shows Solana already holds 46% of the $1 billion tokenized stock market, while traders are watching $120, $145, and $210 as key levels.

At the World Economic Forum in Davos, Circle CEO Jeremy Allaire outlined a scenario in which autonomous AI agents begin using stablecoins for routine payments over the next three to five years. He argued that these agents will require a monetary system that is stable, fast, and programmable, positioning tokenized dollars like stablecoins as a logical fit. Allaire also suggested that billions of AI agents could eventually conduct continuous economic activity on behalf of users, raising new questions for regulators and infrastructure builders.

French authorities opened a preliminary probe into a breach at crypto tax platform Waltio that may have exposed users' personal data. The group known as Shiny Hunters reportedly demanded a ransom and claimed possession of information from about 50,000 users, mostly in France. Officials warned affected users could face attempts to manipulate them into moving digital assets.

Ethereum is trading around $2,900 after a more than 3% daily decline and roughly 12% losses over the past week, slipping below the $3,000 level. Technical analysts highlight a diamond pattern on the 1‑hour chart and a multi‑year double bottom with an embedded inverse head‑and‑shoulders on the monthly chart, pointing to a possible push toward $3,600 if bullish momentum returns. Despite weak price action and an RSI near 43, large holders have reportedly been quietly accumulating ETH through OTC channels, including a single whale purchase of over 20,000 ETH valued at about $59 million.

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.