On January 12, 2026, Arthur Azizov analyzes perpetual futures, noting they comprised roughly 68% of Bitcoin trading volume in 2025. He explains how funding rates, unified collateral and shared risk engines are pushing perps toward core market infrastructure, while warning that liquidation cascades and collateral mispricing still pose systemic risks. Azizov proposes dynamic limits, transparent insurance and tiered margin frameworks to strengthen trust.

On January 11, 2026, Federal Reserve Chair Jerome Powell disclosed that the U.S. Department of Justice had issued grand jury subpoenas to the Fed and threatened criminal charges, which he characterized as politically motivated pressure linked to interest-rate decisions rather than a $2,500,000,000 building renovation. Following the news, Bitcoin traded around $90,822 (+0.1% 24h) on CoinGecko and $91,226 (+0.42% 24h) on CoinMarketCap, while analysts highlighted the implications for Fed independence, U.S. institutional credibility, and demand for non-sovereign assets like BTC. Market commentary pointed to a backdrop of heightened equity volatility, a weaker dollar, and record spot-gold prices as desks reassessed rule-of-law risk and future rate-cut timing into June and September 2026.

On January 12, 2026, World Liberty Financial launched World Liberty Markets, a digital asset lending platform on Ethereum linked to the Trump family. The service supports stablecoins, ETH, USD1 and WLFI to expand utility and liquidity, with plans for mobile apps and tokenized assets to broaden access.

On January 12, 2026, Michael Egorov argued that Bitcoin liquidity will remain concentrated on centralized exchanges, ETFs and custodians because DeFi has yet to replicate professional market makers. He noted that only 0.79% of BTC supply is deployed in DeFi, while products like ETFs already hold about 7% of Bitcoin’s market cap. Until on-chain systems can automate pricing and passive liquidity like CEXs, he believes most institutional and retail capital will avoid complex DeFi tools.

ETH’s estimated leverage ratio eased from 0.79 on Jan. 2 to 0.67 by Jan. 11 while open interest climbed, and spot-led buying strengthened. Aggregated futures OI has rebounded toward pre-Q4 2025 drawdown levels, yet ETH trades about 27% below its Oct. 10, 2025 opening price. Staking inflows and macro signals add potential tailwinds for a push toward $4,000.

On January 12, 2026, Gleb Kurovskiy analyzed why hundreds of stablecoins coexist despite sharing the same $1 on-chain goal. He argues they represent different trade-offs across peg stability, decentralization and scalability, with fiat-backed, crypto-collateralized and algorithmic designs each optimizing for different risks and use cases. As stablecoins grow toward systemic scale, their liquidity management, reserve composition and integration with traditional finance could reshape how digital dollars move and where financial fragility emerges.

On Monday, Jan. 12, XRP slipped despite bullish on-chain signals. Exchange reserves fell about 0.44% in the prior 24 hours, and roughly 2,692,600,000 XRP sat on Binance as millions moved off the platform. Trading volume surged 205.8%, while price was down 1.63%, pointing to resilient buying interest.

On 12 January 2026 at 22:25, BitMine Immersion reported holding more than 4.16 million ETH, a stake valued at roughly $13 billion. The company also disclosed over 1.25 million ETH staked, with total crypto and cash nearing $14 billion. According to its latest update, steady weekly purchases have expanded its presence across Ethereum's validator ecosystem.