On January 31, forced liquidations across crypto derivatives exceeded $2 billion within 24 hours, as prices broke below key supports. Bitcoin saw about $700 million in wiped positions, while Ethereum lost roughly $300 million after falling under $2,500 and moving toward $2,400. Market capitalization fell more than 7% intraday before stabilizing.

Ethereum dropped from $2,700 to roughly $2,400 on January 31 after losing multiple support levels. Analysts caution that failing to regain those zones could open a deeper drawdown toward $1,435.

In 2026, ten browser extensions anchor everyday Web3 activity across wallets, trading, research, and security. The lineup spans MetaMask, Phantom, Coinbase Wallet, Trust Wallet, Brave Wallet, Uniswap Extension, Rabby, DeFiLlama, Wallet Guard, and 1inch, reflecting user priorities around adoption, protection, and DeFi features. Highlights include large user bases, multi-chain support, embedded security scans, and advanced DEX aggregation.

Bitcoin climbed to a three-week high above $93,000, coinciding with more than $186 million in short positions being liquidated in the past 24 hours. Market analysts forecast further upside for BTC over the coming months, while silver has rallied over 33% on the monthly timeframe and Peter Schiff argues precious metals are entering a historic bull run.

Hex Trust has launched wrapped XRP (wXRP) on Solana in collaboration with LayerZero, with plans to bring the asset to additional blockchains. The token is backed 1:1 by XRP held in Hex Trust custody and is set to debut with more than $100 million in total value locked to support DeFi trading and cross-chain use.

VivoPower International says it received Ripple approval to establish a $300 million fund that purchases Ripple Labs equity for institutional investors in South Korea. The joint venture with Seoul-based Lean Ventures targets professional allocators, while XRP trades near $1.99, down 1.71% over seven days and 11.57% over 30 days, remaining under the $2.00 level.

Ripple shifted 600M XRP across multiple wallets as the 21Shares XRP ETF (TOXR) began trading on Cboe BZX. On-chain data shows seven transfers of exactly 100M XRP completed within minutes, with four sending wallets tied to Ripple and three destinations unrecognized. XRP traded near $2.03 after a 15.7% decline over the past 30 days.

A consortium of ten major European banks has established Qivalis, a Netherlands-registered entity, to issue a euro-pegged stablecoin targeting launch in the second half of 2026. The initiative seeks to strengthen the euro's presence in digital asset markets, where euro stablecoins currently hold $605.2 million in market capitalization compared to $315.6 billion for dollar-denominated stablecoins. Qivalis will operate under Markets in Crypto-Assets Regulation (MiCAR) compliance and be led by former Coinbase Germany CEO Jan-Oliver Sell.

The United Kingdom enacted the Property (Digital Assets etc.) Act 2025 on December 2, creating a new legal category for digital assets including cryptocurrencies and NFTs. The legislation establishes digital assets as the third type of personal property alongside traditional "things in possession" and "things in action." The Act provides courts with structured guidance for resolving crypto-related disputes and applies to England, Wales, and Northern Ireland.