Fidelity Investments is preparing to roll out its Fidelity Digital Dollar (FIDD) stablecoin, pegged 1:1 to the US dollar and backed by reserves. The token will operate on Ethereum, target both institutional and retail clients, and enter a market where Tether and Circle collectively hold most of the share.

During Wednesday’s Asian session, Ether rose 2.6% to $3,028, reclaiming the $3,000 threshold after six days below it. Analysts flagged nearby resistance at $3,100, while Santiment said Wednesday that non-empty Ethereum wallets exceeded 175 million. Glassnode’s Chris Beamish on Tuesday described price as sitting on a dense cost basis cluster.

From Jan. 26 to 30, traders face a 100% Canada tariff threat, a possible U.S. government shutdown, Tuesday's Consumer Confidence, Wednesday's Fed rate decision (97% odds of no change), and Friday's PPI. Early Monday, total crypto cap fell 1.8% to $3 trillion as Bitcoin hit $86,000 before rebounding to $87,700.

Around 21,700 Bitcoin options with a notional value near $1.8 billion are set to expire on Friday, Jan. 23. The batch shows a 0.75 put/call ratio and max pain around $92,000, per Coinglass, while roughly 118,000 Ethereum contracts worth $346 million also expire with a 0.86 ratio. Spot markets remained weak, with total cap down 1% and BTC near $89,500.

On January 19, 2026, Milk Road said Ethereum staking hit an all‑time high after Token Terminal reported the staking ratio above 30%. Ultrasound Money shows 36.2 million ETH worth around $115 billion locked and earning about 2.8% annually, while Validator Queue lists 2.7 million ETH waiting and exits near zero; by Tuesday morning, ETH dipped below $3,200.

Crypto markets started the week with sharp price swings as traders reacted to new US–EU trade tensions and looming macroeconomic data. Bitcoin briefly dropped below $92,000 and the total crypto market cap slid to about $3.21 trillion, while altcoins saw even steeper declines. Investors now face a packed calendar of US and Asian economic events, along with major corporate earnings and the Davos forum, which could inject further volatility.

On January 12, 2026, SEC chair Paul Atkins said on Fox Business that it is a big week for crypto as Congress advances market-structure legislation. He posted on X the same day in support of clarifying the SEC–CFTC split and ending the regulatory gray zone. The Senate scheduled January 15 for a markup of the CLARITY Act.

Crypto markets were largely unchanged over the weekend, then firmed Monday in Asia with Bitcoin up 1.7% to $92,000 and Ether near $3,150. From Jan. 12 to 16, investors will watch U.S. December CPI, November PPI, housing data, jobless claims, and bank earnings, alongside reaction to a proposed 10% cap on credit card rates.

On Friday, January 9, 2026, about 20,600 Bitcoin options worth roughly $1.9 billion are set to expire, with a put/call ratio near 1 and max pain around $90,000. Ethereum also has 123,000 contracts expiring with $384 million notional. Spot markets hit a midweek high before pulling back into Friday.