On January 23, 2026, on-chain analytics firm Santiment published a list of the ten tokens with the strongest increase in whale activity over the previous seven days. The ranking features assets such as Cronos, Bitget Token, stablecoins like USDC, DAI and USD0, and infrastructure tokens including LayerZero and Mantle. The data highlights growing multi-chain capital flows and suggests that large holders are prioritizing liquidity, flexibility and ecosystem positioning over direct speculative moves.

Total crypto capitalization is struggling to hold the $3 trillion mark after several days of broad selling. Bitcoin remains capped by the $90,000-$95,000 range and shows fading momentum near support, while Ethereum has dropped below $3,000. Positioning has turned defensive as ETF and derivatives flows weaken and sentiment shifts toward fear.

Laura Wallendal argues that restaking in DeFi mostly recycles staked ETH into synthetic yields fueled by token emissions, VC subsidies and speculative fees instead of productive activity. She warns that using the same collateral across multiple protocols compounds slashing and governance risks, concentrates power among a small group of large validators and has yet to show real product-market fit beyond speculation.

On Friday, Jan. 23, 2026, crypto market cap hovered near $3.1 trillion as Bitcoin traded around $89,200 and Ethereum at $2,930. Dogecoin showed a weekly wedge pattern with a potential target up to $1.10 and a trigger near $0.124, while Solana's Seeker (SKR) jumped about 400% post‑airdrop to above $0.065. U.S. spot XRP ETFs held $1.37 billion as of Jan. 22, raising sell‑side risk if $1.91–$1.90 fails.

The U.S. Department of Justice has closed its insider trading-related case against former OpenSea executive Nathaniel Chastain after his 2023 wire fraud and money laundering conviction was overturned by an appeals court in 2025. Under a one-month deferred prosecution agreement, prosecutors will dismiss the charges after Chastain partially served his sentence and forfeited 15.98 ETH, valued at about $47,000. Bitcoin, which recently traded at $88,993.89, has surrendered nearly all of its 2026 gains and may revisit the $87,000–$87,500 support band before attempting another upward move.

According to projections attributed to ChatGPT, Bitcoin could trade between $95,000 and $120,000 on February 1, 2026, implying notable upside from the current level near $89,000. The model also outlines a downside scenario toward $75,000–$90,000 and a less likely bullish path as high as $150,000, while flagging near-term uncertainty over whether BTC can hold above $90,000 after a weekly drop of more than 6%.

Binance has formally applied for a MiCA license in Greece, with the review reportedly on an expedited track under the Hellenic Capital Market Commission. A spokesperson said the filing was made in Athens and that the exchange is in active discussions with the regulator.

Kansas lawmakers are reviewing Senate Bill 352, introduced by Senator Craig Bowser, to create a Bitcoin and digital assets reserve fund inside the state treasury. The reserve would be managed by the state treasurer and sourced from unclaimed digital assets, including airdrops, staking rewards, and interest, rather than direct Bitcoin purchases or taxpayer funds.