The US Securities and Exchange Commission’s civil action against Gemini Trust Company and Genesis Global Capital over the Gemini Earn program has been dismissed with prejudice in the Southern District of New York, pending a federal judge’s approval of the joint stipulation. The regulator accepted the outcome after Gemini agreed to contribute up to $40 million to support a full in-kind recovery of Gemini Earn investors’ crypto assets through the Genesis bankruptcy, while Genesis separately agreed to a $21 million settlement with the SEC.

XRP has slipped under the $2.00 level after a 19% pullback from its Jan. 5 high, with social sentiment dropping into the “Extreme Fear” zone. Shiba Inu's trading activity has sunk to its lowest reading of 2026, reflecting weak engagement from both buyers and sellers. Dogecoin is fluctuating between Bollinger Bands at $0.1226 and $0.1554, hinting at a possible 30% price swing as volume and momentum pick up.

Binance is considering relaunching stock trading roughly four years after removing stock tokens in 2021 amid regulatory pressure, as reported by The Information. The move would come as Coinbase, Bitpanda, the NYSE and DTCC roll out equity and tokenization initiatives, and as regulatory clarity and institutional participation in on-chain markets grow. Binance has also applied for a Markets in Crypto-Assets license in Greece ahead of the EU’s June 2026 transition deadline.

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.

The broader crypto market is moving into a consolidation phase as multiple indicators show a renewed tilt toward Bitcoin dominance. The Altcoin Season Index has fallen to 29 out of 100 and the Crypto Fear and Greed Index sits at 34, highlighting weaker altcoin performance and rising caution among traders.

Updated on January 23, 2026, Artemis estimates adjusted stablecoin payments at about $400B annually, far below widely cited $10T–$30T transfer figures. Payments reportedly doubled over the past 12 months, with B2B at $230B, remittances at $90B, capital markets around $8B, and card usage at $4.5B, which rose 800% year over year.

Onchain derivatives platform Paradex refunded about $650,000 to roughly 200 users after a maintenance-related software issue led to unintended liquidations across several markets. The platform said the event occurred during a planned 30-minute database upgrade on Monday and prompted a chain rollback, order cancellations and new safeguards to prevent similar failures.

In early 2026, emerging market equities have risen about 7%, sharply outperforming the S&P 500’s 1% gain as investors reallocate away from US dollar assets and Treasuries. Major EM indexes logged a fifth straight week of advances, with Asia’s technology sector and Latin American shares, up 13% this year, leading the move. China’s central bank backed yuan strength, several EM currencies appreciated more than 3%, and a leading EM ETF drew over $6.5 billion in January amid renewed de-dollarization themes.