According to a court filing on January 24, the U.S. SEC moved to dismiss its lawsuit against Gemini over the discontinued Earn product after investors recovered all of their assets. The case had centered on allegations that Gemini Earn involved the sale of unregistered securities and followed a period when withdrawals were halted in 2022. Market participants see the dismissal as offering some legal clarity for crypto products, while analysts still warn of ongoing regulatory pressure across the sector.

On January 24, the U.S. SEC moved to drop its lawsuit against Gemini over the now‑defunct Earn program after investors had recovered 100% of their assets. The move eases legal pressure on Gemini but leaves broader questions around crypto regulation and compliance. At the same time, Bitcoin trades around $89,424.44 with a $1.79 trillion market cap and a 59.17% dominance, reflecting a volatile yet influential market backdrop.

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.

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.

On January 23, allegations of insider trading surfaced around Solana’s DONT token after an address labeled "z5m3Ja" reportedly made nearly $1 million from presale trades and subsequent sales. DONT’s valuation briefly climbed to about 22 million USD before, according to CoinMarketCap, sliding to minimal market activity with no circulating supply and a fully diluted market cap of 32,104.61 USD. The case, raised by Kairos Research co-founder Ian Unsworth, has intensified debate about market integrity and potential regulatory responses in the crypto sector.

Zama Protocol has scheduled the conclusion of its ZAMA token sale for 20:00 UTC on January 24, with token distribution and a complete unlock set for February 2. The Dutch-style auction and immediate circulating supply could affect early market trading, while the token currently trades around $0.06 with a market cap above $140 million.

BitGo Holdings, a cryptocurrency custody provider, is scheduled to begin trading on the New York Stock Exchange on January 22 at an issue price of $18 per share. The 2026 IPO, led by Goldman Sachs and Citigroup and involving 11.826 million shares plus additional shareholder sales, implies a market capitalization of about $2.1 billion and marks the first U.S. crypto custody listing that year.

On January 22, Saga paused its Ethereum-compatible SagaEVM chainlet after an unauthorized breach that the team said caused about $7 million in losses. The incident destabilized Saga Dollar to $0.75 and was followed by a 55% drop in TVL within 24 hours, with operations halted for an audit and address blacklisting.

F/m Investments has filed for an SEC exemption to record a portion of its $6.30 billion TBIL 3‑month U.S. Treasury ETF on a blockchain while keeping the fund's existing structure and trading model unchanged. The proposal is designed to test tokenized share registration within the current regulatory framework, with the firm stressing that investor rights, fees, and disclosure standards would remain the same. Market reaction has remained limited, as the move targets backend infrastructure rather than cryptocurrency pricing or trading activity.