On January 23, 2026, Ethereum's price remained subdued even as active addresses climbed and roughly 2.3 million daily transactions signaled stronger usage. Fees stabilized after a compression phase but sit well below past peaks, while exchange netflows continue to show outflows. ETH/BTC trades under long-term averages, keeping any altcoin rotation contingent on improved relative performance and rising economic throughput.

On January 22, 2026, Kansas legislators introduced Senate Bill No. 352 to authorize the state treasury to establish a strategic reserve of Bitcoin and other qualifying digital assets. The proposal defines how these assets would be acquired, held, and governed, treating them as long-term reserve property rather than speculative trading instruments.

On January 22, 2026, a local TV report said more Las Vegas businesses have begun accepting Bitcoin payments. Owners cited lower costs—card processing fees can range from 2% to over 3% per transaction—plus faster settlement and fewer chargebacks, with Lightning or direct wallet transfers enabling near‑instant transactions.

On January 22, 2026, BitGo priced its initial public offering at $18.00 per share for 11,821,595 shares of Class A common stock and prepared to list on the New York Stock Exchange under the ticker BTGO. The crypto custody and infrastructure firm is offering 11,026,365 shares itself, while existing shareholders are selling 795,230 shares. Its NYSE debut places a core institutional infrastructure provider for digital assets under the same regulatory and disclosure framework as traditional financial firms, reinforcing the growing integration of regulated crypto services into capital markets.

As of January 21, 2026, XRP is trading close to $1.95, having bounced from support around $1.70–$1.75 while remaining below resistance near $2.31. The price is still in a broader corrective phase, but shrinking exchange inflows, neutral funding rates, and steady network activity point to fading sell pressure and a potential shift into consolidation. A daily close above the $2.20–$2.30 range could reopen $2.60, whereas a break below $1.75 would highlight deeper support near $1.60.

On January 21, 2026, ARK Invest CEO Cathie Wood said Bitcoin is "pretty well through" its latest down cycle, calling the recent pullback potentially the shallowest four-year decline in the asset's history. Bitcoin is trading around $88,383 near multi-month lows, while technical indicators still show a consolidation phase and key resistance near $97,000.

On January 21, 2026, White House AI and Crypto Czar David Sacks stated that U.S. banks are expected to fully enter the crypto market once market structure legislation is in place. His comments from Davos suggest that clearer rules on asset classification, oversight, and custody could pave the way for broader institutional adoption and deeper integration of digital assets into the traditional financial system.

On January 20, 2026, UBS CEO Sergio Ermotti stated that the next phase of global banking is being designed with Bitcoin and other digital assets at its core. He indicated that major financial institutions are shifting from debating crypto's relevance to figuring out how to integrate it safely and at scale, as banks expand custody, structured products, and research tied to digital assets.

On January 20, 2026, Bitcoin dropped below the $90,000 mark after repeatedly failing to break through a key resistance band. The decline has coincided with heavy derivatives positioning, a clear reduction in open interest, and a wave of long liquidations that pushed the price into a lower trading range. While the move has sparked debate over whether it marks deeper weakness or a structural reset, current market data points more toward controlled deleveraging than a disorderly sell-off.