According to the report, the crypto market ended the week on a firm note even as U.S. spot Bitcoin ETFs recorded four consecutive days of outflows totaling $1.68 billion and BTC hovered near $90k. In equity markets, Asian indices rose after Japan paused rates on 22 January, while BitGo's NYSE debut saw its share price swing between $22 and $24.5 before closing at $18.49 on day one. Ethereum-based privacy project Railgun introduced its Railgun_connect integration for private DeFi usage, as attention turned to the U.S. Federal Reserve's 28 January rate decision.

Strategy (Nasdaq: MSTR), formerly MicroStrategy, has for the first time lifted its preferred stock balance of $8.36 billion above its total convertible debt of $8.21 billion, marking a key shift in its capital structure. Analysts say the move toward preferred equity, which has no fixed maturity, reduces bankruptcy-linked risk as the firm continues expanding its Bitcoin holdings and could support MSTR’s long-term stock performance.

The crypto market structure bill known as the CLARITY Act could be pushed to late February or March as the Senate Banking Committee turns to President Donald Trump’s housing agenda. The White House’s David Sacks urged a compromise on stablecoin yield. Separately, Senate Agriculture Chair John Boozman said he will advance the bill on 27 January.

Tom Lee, founder and head of research at Fundstrat, reiterated on a recent podcast that markets could face a "painful" decline in 2026, pointing to tariff tensions, Federal Reserve independence and an incoming Fed chair as key factors. Bitcoin has already swung from $84k to $126k in 2025 before a late-year wipeout, and now trades near $90k after dropping 10% from a $98k high amid renewed tariff fears. Swissblock's Bitcoin Risk Index currently signals consolidation, with support and resistance levels around $89.2k, $94.8k, $99k and $84.5k guiding near-term scenarios as U.S. spot ETF flows stagnate.

Trump Media scheduled a 2 February token airdrop for shareholders owning at least one whole DJT share, positioning it as a blockchain rewards program with non‑equity, non‑transferable tokens. After the news, the TRUMP memecoin fell 4%, reversing its early‑2026 rebound, having touched $5.8 on a 23% recovery before sliding toward $5 and hovering near $4.9.

Bitcoin has held above $80k for nearly 60 days, a setup that previously preceded breakouts since 2023. A 60-day price coil and a CFGI 30/90-day crossover in early 2026 point to a possible rally, while a trader sees scope for $107k; momentum remains above neutral.

Swissblock said a key market-cycle gauge for Ethereum has shifted to "predominance," echoing leadership seen in Q2 2025. Staked supply has reached 47% (77.85 million ETH) as BitMine added 1.7 million ETH worth $5.56 billion in recent weeks. CoinShares also noted $496 million of ETH inflows into U.S. spot ETFs last week.

Tokenized stocks have grown to a market size of $867 million in under a year, edging toward $1 billion as monthly transfer volume hits $2.3 billion and holders reach 159,000. Coinbase CEO Brian Armstrong remains optimistic about on-chain equities despite controversy over the Senate's CLARITY Act, while BNB Chain has recently overtaken Solana as the leading settlement layer for these assets.

Ethereum co-founder Vitalik Buterin said that in 2026 the network will work to restore "lost ground" in areas such as self-sovereignty, privacy, and user experience. He pointed to progress in institutional and retail privacy tools like Railgun and highlighted growing execution client diversity, with Geth's dominance reduced and alternatives like Nethermind and Besu gaining share.