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๐Ÿฆ Federal Regulators Approve Five Crypto-Linked Trust Banks

๐Ÿš€ A significant regulatory milestone has been achieved as the Office of the Comptroller of the Currency (OCC) has conditionally approved five national trust bank charter applications for digital asset institutions. This decision marks a major step towards integrating cryptocurrency services into the U.S. banking system.

๐Ÿ› The approved institutions include First National Digital Currency Bank, Ripple National Trust Bank, Bitgo Bank & Trust, Fidelity Digital Assets, and Paxos Trust Company.
New entrants into the federal banking sector are good for consumers, the banking industry and the economy

said Comptroller of the Currency Jonathan V. Gould. He emphasized that these new banks will provide access to innovative products and services while ensuring a competitive banking system.

๐Ÿ” The OCC's approval process was thorough, applying the same rigorous standards to these applications as it does for all charter requests. This move signifies a clear policy direction towards integrating digital asset firms into the national banking framework rather than relegating them to the regulatory sidelines.

๐Ÿ“ˆ Once the OCC's conditions are met, these firms will join approximately 60 national trust banks currently overseen by the regulator. The broader federal banking system includes over 1,000 national banks and federal savings associations, collectively holding over $17 trillion in assets.

๐Ÿ”— This approval is seen as a crucial step in modernizing federally supervised banking while maintaining safety and consistency in oversight. It reflects a growing confidence in federally supervised crypto custody and blockchain-based financial services.
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๐ŸŒ The UAE: A Rising Global Crypto Capital

๐ŸŒŸ The United Arab Emirates (UAE) is increasingly recognized as a global hub for cryptocurrency, with major industry players like Coinbase and Ripple publicly acknowledging its growing influence. Brian Armstrong, CEO of Coinbase, stated on December 12 that
the UAE is all-in on crypto, itโ€™s become the second crypto capital of the world, along with the U.S.

This comment followed his participation in Abu Dhabi Finance Week, where he noted the region's techno-optimistic attitude and belief in economic freedom.

๐Ÿค Ripple's Senior Executive Officer for the Middle East and Africa, Reece Merrick, echoed Armstrong's sentiments in a post on December 14. He emphasized that
the UAE is serious about becoming the crypto capital of the world

and highlighted Ripple's long-standing presence and investment in the region. Merrick expressed pride in building the future of finance with Ripple in the UAE.

๐Ÿ“ˆ The alignment of views between Coinbase and Ripple reflects a growing consensus in the industry about the UAE's position as a leading crypto capital. This recognition is supported by regulatory clarity, robust infrastructure, and a commitment from local authorities to foster innovation. As both companies continue to engage with the UAE market, it is clear that the region is playing a pivotal role in shaping the future of digital assets.
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๐Ÿšจ Bitcoin News: Hut 8 Secures Googleโ€™s Backing In $7B Deal; HUT Stock Rallies 22%

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๐Ÿš€ Ripple's RLUSD: A Year of Rapid Growth and Regulatory Success

๐Ÿ“ˆ Ripple's U.S. dollar stablecoin, RLUSD, has made remarkable strides in just one year, emerging as a top contender in the stablecoin market. On December 17, Ripple celebrated RLUSD's first anniversary, highlighting its impressive market cap growth, regulatory alignment, and increasing institutional adoption.

I'm excited to celebrate the one-year anniversary of RLUSD โ€“ we've gone from 0 to a top 5 USD stablecoin in record time,

said Jack McDonald, Ripple's senior vice president of stablecoins. He noted that RLUSD officially crossed a $1 billion market cap in November, marking one of the fastest climbs in the regulated stablecoin space.
Demand for trust is real,

he added.

๐Ÿ” McDonald also emphasized Ripple's strong regulatory positioning. He mentioned that the Office of the Comptroller of the Currency (OCC) conditionally approved Ripple's national trust bank charter. By combining federal oversight with a New York Department of Financial Services (NYDFS) license, Ripple aims to establish the gold standard for enterprise-grade stablecoins.

๐Ÿฆ The institutional foundations supporting RLUSD include BNY as the reserve custodian and Deloitte for attestations. RLUSD serves as a 24/7 liquidity rail for tokenized funds like Blackrock's BUIDL and Vaneck's VBILL through Securitize. Additional integrations with DBS and Franklin Templeton facilitate repo trades for tokenized money market funds and enhance regulatory recognition in Dubai and Abu Dhabi. RLUSD has also expanded its multichain access to Optimism, Base, Ink, and Unichain via Wormhole's NTT standard.

It was undeniably the year of the stablecoin, and I can't wait to see what 2026 has in store,

McDonald concluded. Ripple's managing director for the Middle East and Africa, Reece Merrick,added:
It's been a great year โ€ฆ We're perfectly positioned to have an incredible 2026.


๐Ÿ“บ Ripple's CEO, Brad Garlinghouse,reflected on a previous prediction made on BloombergTV, stating:
In March, I predicted RLUSD would be a top 5 USD stablecoin by EOY (when many in the industry were still asking if the world needs another stablecoin).

His remarks underscored how regulatory alignment, institutional custody, and tokenized asset connectivityare reshaping competition in the stablecoin market as enterprise adoption continues to expand.
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๐Ÿšจ Coinbase Takes a Stand Against Scammers: A Warning to Fraudsters

๐Ÿ‘ฎโ€โ™‚๏ธ Coinbase, the prominent crypto exchange, has issued a stern warning to scammers, asserting that anyone attempting to defraud its customers will face legal repercussions. The company is committed to tracking down offenders, recovering stolen funds, and ensuring justice is served.

๐Ÿค In a recent collaboration with law enforcement, Coinbase is actively working to protect its customers, assist victims, and recover funds related to crypto fraud. This partnership was highlighted on December 19 during an investigation in Brooklyn concerning an alleged impersonation scam.

๐Ÿ“ข Brian Armstrong, CEO of Coinbase, emphasized on social media:
If you try to steal from our customers, we will work with law enforcement to find you and bring you to justice. One down, more to go.

This statement came after the Brooklyn District Attorneyโ€™s Office announced criminal charges against a man accused of running a nationwide impersonation scheme targeting Coinbase users.

๐Ÿ•ต๏ธโ€โ™‚๏ธ Prosecutors allege that the defendant pretended to be a Coinbase support representative, claiming that victims' accounts were compromised and pressuring them to transfer funds into "safe" wallets controlled by the scammer. The scheme reportedly affected around 100 victims and resulted in nearly $16 million in alleged losses, although over $600,000 has been recovered through enforcement actions and blockchain tracing.

๐Ÿ” In a separate post, Coinbase reiterated its commitment to combating crypto scams:
Crypto scams arenโ€™t anon. Coinbase is committed to working with law enforcement to trace funds, support victims, and pursue accountability.

The company detailed its collaboration with the Brooklyn District Attorneyโ€™s Office and its Virtual Currency Unit, which includes identifying affected customers, supporting victim outreach, preserving information for lawful requests, and assisting in on-chain analysis for recovery efforts.

๐Ÿšซ Coinbase clarified that there is no evidence of a security breach leading to the theft of customer data. It noted that impersonation scams typically exploit communication channels like email, SMS, phone calls, and social apps rather than technical vulnerabilities. The platform also reminded users that it will never ask them to transfer crypto to a "safe" wallet or share authentication codes or seed phrases.

๐Ÿ’ช Coinbase reaffirmed its ongoing investment in prevention, education, and partnerships to deter crypto-related fraud, highlighting the importance of blockchain transparency in enhancing accountability when exchanges and law enforcement collaborate.
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The pieces are aligning ๐Ÿง 

$6B Korean Public Company Netmarbleโ€™s MarbleX backing $OPEN validates the on-chain AI infra thesis โšก๏ธ

Momentum is accelerating ๐Ÿš€

$OPEN +15% ๐Ÿ“ˆ

Official announcement

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๐Ÿช™ Peter Schiff Warns of Impending Dollar Breakdown and Its Economic Consequences

โš ๏ธ Economist Peter Schiff has issued a stark warning about the U.S. dollar's impending breakdown, which he believes could lead to severe inflation, destabilize financial markets, and significantly diminish living standards. He argues that the loss of the dollar's safe-haven status could trigger widespread economic turmoil across currencies, bonds, and risk assets.

๐Ÿ“‰ In a series of posts on social media platform X, Schiff pointed out recent movements in the currency market as early warning signs. He noted,
The dollar is now at a new 14-year low against the Swiss franc. Itโ€™s now less than 1% away from hitting a record low against the franc.

He cautioned that this situation
portends a broader dollar selloff yet to come, which means higher inflation, rising long-term interest rates, and a weaker U.S. economy.


๐Ÿ’ฐ Schiff also expressed his view that gold is replacing the dollar as a safe haven, stating,
The issue is that the dollar is not viewed as the safe haven anymore. Gold has taken its place.

He highlighted the unsustainable nature of current interest rates due to mounting debt and minimal savings, and pointed out that
central banks are buying [gold] as they expect surging U.S. inflation to destroy the value of dollar reserves.


๐Ÿ“Š Expanding his concerns to the broader economy and crypto markets, Schiff warned that the U.S. economy is on the brink of a major crisis. He stated,
Gold and silver prices skyrocketing to new highs will ultimately pull the rug out from under the U.S. dollar and Treasuries, sending consumer prices, bond yields, and unemployment soaring.

He painted a bleak picture for consumers, predicting that
the dollar will tank and everything unemployed Americans canโ€™t afford to buy will be much more expensive.


๐Ÿ” In summary, Schiff's warnings highlight the potential risks associated with a weakening dollar, including higher inflation, increased interest rates, and market volatility. As investors consider these factors, the shifting dynamics between the dollar and gold as safe-haven assets will be crucial to monitor.
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๐Ÿช™ Trump's Meme Coin Experiment: A Year of Spectacle and Decline

๐ŸŽ‰ In January 2025, President Donald Trump launched the official trump (TRUMP) meme coin at a high-profile event called the "Crypto Ball." This marked a unique intersection of politics and cryptocurrency. The token, built on the Solana blockchain, quickly gained traction, reaching an all-time high of $73.43 within 48 hours and achieving a market capitalization of over $8.7 billion by Inauguration Day. It was positioned as a "digital collectible" to unite Trump's supporters rather than as a traditional investment.

๐Ÿ–ผ The launch was heavily influenced by a July 2024 assassination attempt on Trump, where he famously shouted
FIGHT FIGHT FIGHT.

This moment became central to the coin's branding, transforming a political incident into a rallying cry for the crypto community. However, as 2025 progressed, the coin's value plummeted. By December, it was trading below $5, a decline of over 93% from its peak. The initial excitement faded, and daily trading volumes dropped significantly.

๐Ÿ”’ The coin's supply mechanics played a crucial role in its decline. Although 200 million tokens were released at launch, the roadmap allowed for expansion to 1 billion over three years. By year-end, more than 800 million tokens remained locked in wallets controlled by Trump-affiliated entities, raising concerns about concentration and potential conflicts of interest.

๐Ÿฝ In April, the project attempted to regain attention with a Trump-style incentive: a dinner invitation for the top 220 holders. This announcement temporarily boosted prices by about 50%, highlighting how narrative could still drive the token's value despite dwindling fundamentals. However, the dinner event was marred by protests and political backlash, underscoring the contentious overlap between Trump's presidential role and his personal crypto ventures.

๐Ÿ’ฐ By mid-2025, it was evident that Trump-affiliated entities had profited significantly from the TRUMP token, generating at least $350 million from sales and trading fees. This raised ethical questions about a sitting president profiting from digital assets. Throughout the summer and early fall, TRUMP's price fluctuated between $5 and $6, as holders navigated unlock schedules and a less enthusiastic market.

๐Ÿ“‰ November brought increased scrutiny when a House Judiciary Committee report accused the Trump family of intertwining crypto ventures with foreign entities and political leverage. While regulators did not classify TRUMP as a security, lawmakers proposed legislation to restrict public officials from profiting off digital assets.

๐ŸŽฎ In response to these challenges, the TRUMP project shifted towards gamification with the launch of the "Trump Billionaires Club" GameFi initiative, offering prizes and token rewards without requiring a crypto wallet. This strategy slowed the decline but did not reverse it.

๐Ÿ“Š By the end of 2025, TRUMP was valued at nearly $1 billion, ranking as the sixth-largest meme coin globally. It remained active and visible but had lost its dominant position. Ultimately, TRUMP's journey in 2025 was less about financial innovation and more about cultural impact. It illustrated how quickly meme-driven momentum can build and dissipate when faced with the realities of supply management and market dynamics.
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๐Ÿ“ˆ Bitcoin ETFs: A Year of Extremes in 2025

๐Ÿ“Š The year 2025 was a pivotal one for Bitcoin exchange-traded funds (ETFs), marked by significant inflows, sharp drawdowns, and rapid shifts in investor behavior. While 2024 saw the introduction of spot Bitcoin ETFs, 2025 tested their resilience in a market characterized by volatility.

๐Ÿ“… Bitcoin ETFs started the year strong, with substantial inflows in January, including a remarkable $1.96 billion on January 17. This momentum pushed net assets above $120 billion. However, February brought a sudden shift with a major risk-off rotation leading to heavy outflows, including a staggering $2.61 billion exit. Despite this, total assets remained above $95 billion, demonstrating the ETFs' integration into institutional portfolios.

๐Ÿ”„ March and April saw a return to stability, with sporadic inflows culminating in a significant $3.06 billion inflow week in late April. By May, demand surged again, highlighted by a $2.75 billion inflow in mid-May, pushing net assets back above $130 billion.

โ˜€๏ธ The summer months were the strongest for Bitcoin ETFs, with June and July delivering multiple billion-dollar inflow weeks. By early July, net assets reached nearly $152 billion, and weekly trading volumes consistently exceeded $20 billion.

๐Ÿ‚ However, autumn brought sharp reversals. August and September experienced significant outflows, but October saw a brief resurgence in bullish sentiment with back-to-back inflows of $3.24 billion and $2.71 billion.

๐Ÿ“‰ The year ended on a defensive note, with November witnessing three separate billion-dollar outflow weeks and December continuing the trend of volatility, resulting in net assets slipping back toward $115 billion by year-end.

๐Ÿ” Throughout 2025, Bitcoin ETFs demonstrated their role as a primary institutional gateway to BTC exposure, consistently posting enormous trading volumes of $20โ€“40 billion per week. Even during selloffs, capital rotated rather than vanished.

๐Ÿ”ฎ Looking ahead to 2026, it is clear that Bitcoin ETFs have matured into macro-sensitive instruments that respond to liquidity cycles, rate expectations, and broader risk sentiment. If volatility defined 2025, maturity will likely shape the future.
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๐Ÿช™ Tether's Strategic Bitcoin Acquisition: A Cultural and Financial Insight

๐Ÿ“ˆ Tether, the leading stablecoin issuer globally, increased its bitcoin reserves in the last quarter of 2025 by acquiring 8,888.8888888 BTC. This move positioned Tether's wallet as the fifth-largest bitcoin address as 2026 commenced.

๐Ÿ“… On December 31, 2025, Tether's CEO, Paolo Ardoino, announced the acquisition via X, stating,
Tether acquired 8,888.8888888 BTC in Q4 2025.

The bitcoins were transferred from a Bitfinex hot wallet, bringing Tether's total holdings to 96,369.86714418 BTC worth approximately $8.46 billion as of January 1, 2026.

๐Ÿ”ข The choice of the number eight is significant; it is considered the luckiest number in Chinese culture and is associated with wealth. Tether has a history of acquiring bitcoin in tranches of 8,888 BTC, reflecting this cultural belief.

๐ŸŒ€ This recent purchase not only highlights Tether's strategic treasury management but also its acknowledgment of cultural numerology. The timing and precision of the acquisition provide a symbolic closure to 2025 for the stablecoin issuer as it steps into 2026 with a strengthened bitcoin position.
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๐Ÿ‡ป๐Ÿ‡ช Polymarket Traders Strike Gold as Maduro's Regime Falls

๐Ÿ’ฐ In a dramatic turn of events, Nicolรกs Maduro, the Venezuelan leader, was captured by U.S. elite Delta Force units, marking the end of his controversial rule. This unexpected development sent ripples through prediction markets, particularly Polymarket, where traders had been wagering on the timing of Maduro's departure from power. A key contract predicting his removal by January 31, 2026, was resolved as "Yes" following the confirmation of his capture.

๐Ÿšช In other news, Bitfarms, a publicly traded American bitcoin mining company, has announced its exit from the Latin American market. The company has entered into a sale agreement with Singapore-based Sympatheia Power Fund (SPF) for its Paso Pe site in Paraguay, which has a power capacity of 70 MW. The site was valued at $30 million for this transaction, with $9 million to be delivered in cash during Q1 2026 and the remaining $21 million to be paid over the following 10 months.

๐Ÿ‡ฆ๐Ÿ‡ท Meanwhile, Argentina is entering 2026 with impressive levels of cryptocurrency adoption, reaching nearly 20% according to a report by the Argentine Blockchain Foundation. This positions Argentina as the leading country in Latin America for crypto usage, with approximately 8.6 million Argentines engaging with digital assets. Analysts suggest that the use cases for crypto in the country are evolving, indicating a dynamic cryptocurrency ecosystem as the new year begins.
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๐Ÿš€ Morgan Stanley's Bitcoin ETF: A Bullish Signal for Institutional Demand

๐Ÿ“ˆ Morgan Stanley's upcoming Bitcoin ETF is being celebrated as a significant indicator of growing institutional interest in cryptocurrency. Market experts are interpreting this move as proof that the demand for crypto assets and the economic factors surrounding their distribution are much greater than previously thought.

๐Ÿ’ฌ Jeff Park, the chief investment officer of Procap Financial, emphasized on social media that
the timing of Morgan Stanley's Bitcoin ETF launch challenges traditional ETF assumptions.

He noted that the market for crypto exposure is much larger than even industry professionals anticipated, especially when it comes to reaching new customers. Park pointed out that Blackrockโ€™s Ishares Bitcoin Trust (IBIT) is currently the leader in liquidity but added that
despite IBIT being the fastest ETF to reach $80 billion in assets under management, there is still significant untapped interest.


๐Ÿ” Park also highlighted that the implications of this move go beyond just asset allocation. He stated that
it means that Bitcoin is socially important just as much as it is financially important as a product to offer to customers.

He explained that by launching their own Bitcoin ETF after IBIT has already established liquidity, Morgan Stanley is acknowledging a crucial reality: distribution is more important than product superiority.

๐Ÿ“Š This perspective is reinforced by the continued inflows into regulated Bitcoin investment vehicles. It suggests that factors such as distribution control, brand credibility, and client ownership are becoming increasingly influential in how Bitcoin is integrated into traditional financial platforms.
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๐Ÿš€ Bitcoin's Rapid Integration into Traditional Finance

๐Ÿ“ˆ Bitcoin is rapidly moving into mainstream finance, outpacing gold's early adoption significantly. According to Bitwise, an asset management firm, ETF inflows indicate a surge in institutional adoption of Bitcoin, establishing it as a core portfolio asset. On January 10, 2026, Bitwise shared a bullish assessment on social media, stating,
Two years ago, Bitcoin officially entered the TradFi world. Since then, the growth has been nothing short of mind-blowingโ€ฆ Bitcoin is outpacing goldโ€™s early adoption by 600%,

highlighting the dramatic shift in allocator behavior.

๐Ÿ“Š The firm emphasized that capital flows into regulated exchange-traded products (ETPs) are a key indicator of this shift. Familiar ETF structures have allowed advisers, pensions, and asset managers to gain exposure to Bitcoin within established compliance frameworks. This positions Bitcoin ETFs as a rapidly accepted asset class, operating within mainstream portfolio construction rather than on its periphery.

๐Ÿ’ฐ Bitwise pointed out that spot Bitcoin ETFs, launched on January 11, 2024, have accumulated about $57 billion in net inflows over two years. This far surpasses the inflation-adjusted $8 billion associated with gold ETFs during their early phase. The firm expressed gratitude for being part of this historic shift, stating,
Incredibly grateful to be a part of this community and to witness this historic shift firsthand. The โ€˜Digital Goldโ€™ thesis is no longer a theory; itโ€™s the proven global standard. โ€“ Onward.


๐Ÿ” While supporters cite fixed supply, global liquidity, continuous settlement, and deeper regulatory clarity as drivers of Bitcoin's adoption, skeptics point to its volatility and reported underperformance during 2025. This ongoing debate highlights concerns about Bitcoin's long-term stability compared to gold, despite its faster institutional uptake.
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๐Ÿ“ˆ Crypto ETFs Show Signs of Recovery as Bitcoin Leads Inflows

๐Ÿ’ช This week began on a positive note for crypto exchange-traded funds (ETFs), with bitcoin reversing a four-day outflow trend. Ether, XRP, and Solana also closed Monday in the green, indicating a potential stabilization in investor sentiment towards digital assets.

๐Ÿ”„ On January 12, there was a notable shift as capital cautiously flowed back into the crypto market. Bitcoin ETFs recorded a net inflow of $116.67 million, breaking a four-day streak of outflows. Fidelityโ€™s FBTC led the way with $111.75 million, followed by Grayscaleโ€™s GBTC with $64.25 million. Additional inflows came from Vaneckโ€™s HODL and Grayscaleโ€™s Bitcoin Mini Trust, although these were partially offset by a $70.66 million outflow from Blackrockโ€™s IBIT.

๐Ÿ“Š Ether ETFs also saw a modest recovery with a $5.04 million inflow. Grayscaleโ€™s ETHE attracted $50.67 million while the Ether Mini Trust added $29.28 million. However, these gains were largely countered by a $79.88 million exit on Blackrockโ€™s ETHA.

๐Ÿ’ช XRP ETFs continued their recent resilience with a $15.04 million inflow. Bitwiseโ€™s XRP led with $7.63 million followed by Franklinโ€™s XRPZ and Grayscaleโ€™s GXRP. Solana ETFs also performed well with a $10.67 million inflow, primarily driven by Bitwiseโ€™s BSOL.

๐Ÿ“ˆ Overall, Mondayโ€™s trading session reflected a cautious return of risk appetite among investors. Bitcoin stabilized after recent selling pressure, ether found balance through internal rotation, and both XRP and Solana continued to attract steady demand. This sets a more constructive tone for the week ahead.
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๐Ÿ“‰ Grayscale Sees Stabilization in Crypto Markets Post-Deleveraging

๐Ÿ”„ Grayscale has observed a shift in the crypto market dynamics following the October deleveraging period. The asset manager announced on January 13 via social media that it no longer considers the post-October 10 deleveraging as a significant factor influencing recent valuations. Instead, it points to a stabilization of the market and the emergence of fundamental drivers.

๐Ÿ“‰ In October, the crypto derivatives markets experienced a major reset due to extensive liquidations in perpetual futures. Open interest across major platforms like OKX, Bybit, Binance, and Hyperliquid plummeted from approximately $90 billionโ€“$100 billion in late September to around $55 billion after the October 10 event. However, this decline was followed by a period of stability through November and December, with aggregate open interest remaining close to $50 billion.

As a result, we no longer believe that post-October 10 deleveraging has been a meaningful driver of valuations in recent weeks


๐Ÿ“ˆ Grayscale noted that while futures open interest saw a slight increase in December, options open interest decreased primarily due to concentrated expirations. This indicated that leverage remained steady without aggressive rebuilding. The relatively stable trajectories across the exchanges suggested that traders were maintaining their exposure after the October reset rather than exiting the derivatives markets entirely.

๐Ÿ“Š Additionally, Grayscale pointed out the lack of significant selling by long-term bitcoin holders, which alleviated concerns about structural supply pressure. With tax-driven flows diminishing and regulatory milestones on the horizon, the firm emphasized that future crypto valuations are increasingly likely to be influenced by fundamentals and policy clarity rather than lingering effects from the October deleveraging.
๐ŸŒ Stablecoins: Bridging the Gap Between Crypto and Regulated Finance

๐Ÿš€ Stablecoins are transitioning from the fringes of cryptocurrency to the heart of regulated finance, driven by clearer regulations that promote institutional adoption and reshape cross-border payments. Matthew Osborne, Ripple's policy director for the UK and Europe, emphasized this shift in a commentary published by the Official Monetary and Financial Institutions Forum (OMFIF) on January 19, 2026.

๐Ÿ’ฌ Osborne stated,
Stablecoins are no longer a niche experiment. They now have a market value in excess of $300bn, with annual transaction volumes surpassing Visa and Mastercard combined.

He framed regulation as a pivotal factor enabling this growth to integrate with mainstream finance rather than remaining peripheral. He noted that stablecoins are more likely to complement the existing financial system than replace it, emphasizing that
This is evolution, not revolution.


๐Ÿ”„ Osborne pointed out the changing official attitudes towards digital currencies, highlighting the recognition that
the financial ecosystem of tomorrow will host multiple forms of money.

In this evolving structure, stablecoins coexist with central bank money and commercial bank deposits, each tailored for different transaction needs and technological capabilities, especially in cross-border and on-chain markets.

๐Ÿ“‰ Addressing concerns about financial stability, Osborne argued that fears of mass disintermediation are exaggerated. He drew parallels with established instruments like money market funds and e-money, stating,
The solution lies in central banks channelling stablecoin momentum, not fighting it.

He further suggested that extending elements of the central bank safety net could unlock stablecoins' full potential, concluding that
with the right safeguards, they can strengthen rather than weaken the financial system.


๐Ÿ”‘ This analysis positions regulation as the catalyst for safely integrating stablecoins into core financial systems, framing them as a durable component of a supervised, multi-money system.
๐Ÿšจ $5T UBS To Offer Bitcoin and Crypto Trading as More Banks Expand Into Crypto

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๐Ÿช™ Bitcoin's Resilience Amid Inflation Data and Geopolitical Shifts

๐Ÿ“Š Bitcoin has stabilized near crucial support levels as inflation data has clarified policy expectations, reinforcing the likelihood of prolonged higher interest rates. This situation also strengthens the argument for viewing crypto as a macro hedge amidst geopolitical changes and renewed demand driven by ETFs.

๐Ÿ“ˆ On January 22, Matt Mena, a crypto research strategist at 21shares, provided insights on how inflation stability, interest rate policies, and regulations are shaping Bitcoin's trajectory. He noted that the recent December PCE report offered much-needed clarity to the market, with headline personal consumption expenditures aligning with estimates at 2.8%. This stability suggests a soft-landing narrative despite ongoing tariff-related uncertainties.

Bitcoin retested the $89K support level on the news and the wider crypto marketcap settled at the $3.1 trillion support

Mena observed. He pointed out that Bitcoin is increasingly acting as a sophisticated macro hedge, supported by record-low exchange balances and over $59 billion in renewed ETF inflows.

๐Ÿ“‰ The released PCE data reinforced a narrative of higher-for-longer interest rates, which continues to pose challenges for risk assets. With core PCE holding at 2.8% annually, expectations for a rate cut at the upcoming Federal Open Market Committee meeting have been effectively removed. This cautious stance in liquidity-sensitive markets has led to Bitcoin struggling to reclaim the $90,000 level, even as fears related to a recent trade dispute have eased.

๐Ÿ”ฎ Looking ahead, Mena outlined a path for the crypto market driven by significant catalysts. He highlighted that President Donald Trump's recent decision to ease February tariff threats after discussions with NATO leadership has shifted focus towards broader geopolitical realignment. Mena suggested a potential deal structure involving Denmark providing provisions for sovereign U.S. enclaves, which could signal a โ€œrisk-onโ€ sentiment for financial markets.

If macro data continues to come in line with expectations and tensions in Greenland cool, we expect bitcoin to break the $93.5Kโ€“$95K resistance

he concluded. Mena emphasized Bitcoin's resilience during geopolitical stress, describing it as a growing neutrality hedge that has historically anticipated relief rallies. He projected a potential run towards $100,000 before the end of the quarter and an all-time high near $128,000 in the first half of the year.
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๐ŸŒ Bermuda's Ambitious Onchain Economic Migration

๐ŸŒ Bermuda is embarking on a groundbreaking initiative to transition its entire economy onto blockchain technology. This move aims to simplify settlements and promote wealth creation through fractional ownership. Despite facing skepticism regarding its technical readiness and social acceptance, proponents believe that onchain models empower individuals to become capital allocators rather than mere earners.

๐Ÿค In collaboration with industry leaders like Coinbase and Circle, Bermuda plans to shift from traditional, high-fee payment systems to a USDC-powered blockchain framework. This transition is expected to reduce transaction costs for local businesses, improve financial inclusion, and boost domestic economic growth.

๐Ÿ” However, the initiative has sparked skepticism. Concerns range from local distrust to doubts from financial analysts about Bermuda's preparedness for such a significant technical and social transformation. A key point of contention is whether an onchain economy can effectively address the wealth gapโ€”a challenge that traditional fintech apps have struggled with.

๐Ÿ“‰ Experts argue that while fintech has digitized existing banking structures, it has not eliminated gatekeepers or reduced user dependency on intermediaries. Lux Thiagarajah, Chief Commercial Officer at Openpayd, emphasizes that onchain models shift the focus from payments to ownership. He states,
With on-chain, assets live on public rails and anyone can directly hold rights, yield-bearing assets, and tokens. Wealth grows from ownership, not cheaper payments.

By lowering investment barriers and removing banking intermediaries, individuals can start building wealth regardless of their location or investment size.

๐Ÿ”— Onchain infrastructure also promotes transparency and accountability. It replaces centralized power with auditable code, reducing monopolistic practices and ensuring local opportunities are not restricted. Workers compensated in liquid, yield-bearing tokens can directly benefit from the projects they contribute to, fostering a stakeholder economy that prioritizes ownership over mere transaction speed.

โš–๏ธ However, achieving inclusivity requires permissionless protocols, which may conflict with institutional compliance demands. Ivo Grigorov, CEO of Real Finance, argues for the importance of neutrality at the base layer:
Compliance should live at the asset and application layer. Institutions donโ€™t need control over the chain itself, but over issuance, access, and risk.


๐Ÿ’ก A study by Coinbase Institute highlights another challenge: the growing disparity between capital income and labor income. This trend leads to illiquid markets and a society where inheritance, rather than work, determines wealth. Grigorov suggests that fractional ownership could be a solution:
On-chain fractional ownership enables global participation in productive assets, even where traditional systems fail.


๐Ÿ”’ Finally, balancing transparency with corporate privacy is crucial. Grigorov points out that public ledgers can verify settlement and ownership without revealing sensitive information. Through selective disclosure and encryption, institutions can maintain confidentiality while benefiting from public verification:
The future is verifiable without being exposed.
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๐ŸŸก Bitcoin's Current Market Position: A Balancing Act

๐Ÿ“‰ Bitcoin is currently trading at $87,867, with a market cap of $1.75 trillion and a 24-hour trading volume of $47.44 billion. The price has been fluctuating between $87,640 and $90,315, indicating a cautious approach from traders. Volatility is decreasing, momentum is weakening, and the price structure suggests a potential significant move ahead.

๐Ÿ“Š On the daily chart, Bitcoin is in a short-term corrective phase within a broader sideways movement. After a sharp decline from near $98,000 to around $86,000, where it has found some support, the recovery has been hesitant. It has struggled to reclaim the $92,000 to $93,000 resistance range, which has shifted from being a support area to a barrier.

๐Ÿ”„ The 4-hour chart shows a range-bound price action with more volatility than direction. A brief bounce from $86,000 sparked some optimism but faded just below $91,000. Volume patterns indicate skepticism, with heavy selling during the breakdown and a lackluster rebound suggesting a corrective move rather than a trend reversal. As long as Bitcoin remains below $92,000, it will be challenging for bulls to assert their position.

๐Ÿ” On the 1-hour chart, the price is consolidating between $87,500 and $88,800, showing some buyer interest but lacking a strong commitment to a breakout. A break below $87,300 could lead to a revisit of the $86,000 level.

๐Ÿ“‰ Most daily chart oscillators indicate a wait-and-see mode. The relative strength index (RSI) is at 41.7, stochastic at 24.6, and other indicators suggest a potential underlying shift that has yet to materialize. Moving averages are also signaling downside pressure, with all timeframes indicating a need for Bitcoin to rise above $92,000 before any bullish narrative can be considered.

๐Ÿ’ช For bullish scenarios to be credible, Bitcoin must hold above $86,000 and reclaim $92,000 decisively. This would allow for a push towards the $97,000โ€“$98,000 region. However, bearish scenarios dominate as long as Bitcoin remains below $90,000. Failure to maintain the $87,000 level could lead to a deeper decline towards previous demand zones in the low $80Ks.
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