Bitcoin traded below $90,000 on Friday while Asian equities advanced after the Bank of Japan kept its policy rate around 0.75%. Regional moves followed a Wall Street rebound driven by softer US tariff rhetoric, as gold and broader crypto market gauges showed only modest declines.

The SEC initiated 13 crypto-related enforcement actions in 2025, a 60% decline from 33 in 2024. Five were opened before Gary Gensler's January 2025 departure and eight under Paul Atkins, who took office in April 2025 and centered new actions on alleged fraud. Total penalties reached $142M, with seven cases dismissed.

Layer-1 network Saga has paused its SagaEVM chain at block height 6593800 following a January 21 exploit that moved nearly $7 million in tokens to Ethereum. The project is investigating the coordinated attack, working on remediation with partners, and keeping the chain offline while it validates the impact and strengthens security.

In its Big Ideas 2026 report released on Wednesday, Ark Invest projected that the total value of digital assets could jump from about $3.13 trillion to $28 trillion by 2030, implying roughly 9x growth. The firm expects Bitcoin to capture around 70% of this market and forecasts its market cap could climb from nearly $2 trillion to $16 trillion over the next five years, while smart contract networks and tokenized real-world assets also see substantial expansion.

On January 20, 2026, a market note flagged Bitcoin near $92,000 as risk aversion rose. Early Thursday, Bitcoin edged toward $90,000 and Asian equities advanced after President Donald Trump said he had a "framework of a future deal" over Greenland and indicated he would hold off on a tariff threat.

Bitcoin fell around 4% to roughly $88,000 on Wednesday amid a sharp crypto leverage shakeout that erased over $1.07B in positions. At the same time, gold climbed above $4,800 an ounce for the first time and silver also hit records as investors rotated into havens during a broader risk-off move that hit Asian, European and US equities.

On a Tuesday announcement, Delaware Life, part of Group 1001, introduced the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed indexed annuity offering, described as the first time a U.S. insurer has embedded cryptocurrency in such an index. The index blends exposure to the iShares Core S&P 500 ETF and the iShares Bitcoin Trust ETF, targets 12% volatility through a cash component, and will be available across three Delaware Life products while maintaining principal protection features typical of fixed indexed annuities.

SkyBridge Capital has shifted its Opportunity Fund toward a roughly 69% macro allocation as of September 30, 2025, after being about 65% invested in crypto and digital assets on March 31, 2025. Founder Anthony Scaramucci said market volatility tied to policy uncertainty under President Donald Trump has supported the firm’s macro performance, while he remains convinced that Bitcoin’s long-term thesis is intact despite a steep pullback from its October all-time high above $126,000.

In a Tuesday submission, the Hong Kong Securities and Futures Professionals Association urged regulators to retain the de minimis exemption that lets Type 9 asset managers allocate under 10% of a fund's gross assets to virtual assets without a separate licence. The group warned that abolishing this threshold and mandating SFC-licensed custodians could raise costs, constrain private equity and venture funds, and discourage traditional managers from experimenting with limited crypto exposure.