On 29 January 2026, the U.S. Dollar Index moved toward the 96 area after breaking its long-term trend, a level historically linked to Bitcoin bull phases. Past dips below 96 in 2017 and 2020 preceded 7–8x BTC gains, while gold's daily RSI recently reached 91+, signaling potential cross-asset rotation. Markets are watching whether DXY can reclaim 96.

On January 29, 2026 at 17:45, Ethereum fell below $2,900, extending its short-term downtrend and intensifying pressure on leveraged positions. According to the latest liquidation data, 30 percent moves could trigger liquidations of $11.22 billion in shorts or $10.50 billion in longs. RSI slipped into the low 30s while MACD remains negative.

Hang Seng Investment Management launched the Hang Seng Gold ETF on January 29, 2026, trading on the Hong Kong Stock Exchange under stock code 3170 and tracking the LBMA Gold Price AM. The passive fund holds physical gold in Hong Kong vaults with HSBC as custodian, charges an estimated 0.40 percent annually, and targets an expected tracking difference of minus 0.50 percent. The U.S. Senate is scheduled to vote on the Crypto Market Structure Bill at 3:00 PM ET on January 29, 2026.

On 29 January 2026, analysts highlighted that gold’s sharp rise above $5,300 and gain of more than 20% since the start of 2026 contrasts with Bitcoin’s repeated failures to hold above $90,000. Gold is acting as a defensive asset amid geopolitical and economic uncertainty, while Bitcoin is still treated as a risk asset and is lagging. Historically, Bitcoin has often trailed gold’s major moves by several months, and some market participants expect capital to rotate from gold and silver into crypto later in 2026, with long‑term BTC targets mentioned around $150,000 to $200,000.

On 28 January 2026, ERC-8004 was presented as set to launch on the Ethereum mainnet with a standard for establishing trust among open AI agents. The design introduces on-chain registries for identity, reputation, and validation to help agents verify counterparts and assess risk. Vitalik Buterin framed 2026 as a year to reclaim self-sovereignty and trustlessness, aligning this effort with broader ecosystem goals.

On 28 January 2026, memecoins strengthened as traders positioned for the Federal Reserve’s rate decision later that day. According to Coindoo, DOGE rose about 3.6% to around $0.126, SHIB gained roughly 2.5% near $0.0000078, and Pippin jumped over 50% to about $0.49. The S&P 500 and precious metals hit records while major coins stayed range-bound.

On 28 January 2026, American Bitcoin disclosed additional BTC accumulation, lifting its reserves to nearly 6,000 BTC, valued at just over half a billion dollars. The company's ranking among public holders moved into the top 20, while a brief pre-market share uptick faded by the open.

On 28 January 2026, a new application called Breakout went live on Base, creating an onchain market that allows users to trade on shifts in Crypto Twitter attention instead of token prices. The dApp offers weekly markets where participants outside the US speculate on which curated crypto accounts are gaining or losing relative visibility, backed by more than $30,000 in initial liquidity. It is positioned within the broader "InfoFi" trend, where information signals, rather than traditional securities, become the basis for financial instruments.

On January 28, 2026, Arizona lawmakers advanced two bills to clarify that cryptocurrencies are not subject to property tax assessments. According to the latest legislative update, supporters say the measures will provide regulatory certainty and reduce friction, even as Governor Katie Hobbs vetoed crypto-related legislation in 2025.