On January 19th, amid ETF inflows and softening inflation data, BTC briefly broke through the $95,000 resistance level, which had been in place since November of last year, reaching a high of nearly $98,000. However, Trump's subsequent announcement of additional tariffs on eight European countries over Greenland triggered a surge in macro risk sentiment, causing BTC to quickly fall back to around $92,000. Within hours, approximately $850 million in long positions were liquidated across the market, with BTC and ETH accounting for nearly half. The factors driving the rise were mainly supported by three aspects: first, a significant return of funds to Bitcoin spot ETFs, with a net inflow of approximately $760 million in a single day and a weekly total of approximately $1.4 billion; second, continued cooling inflation data, with the US core CPI rising 2.6% year-on-year, the lowest since March 2021; and third, BTC's catch-up trading against hard assets such as gold. On the macro level, the tariff news reintroduced downward pressure. Trump announced tariffs of 10% on Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, with plans to raise them to 25% in June. The EU subsequently prepared retaliatory measures worth approximately €93 billion. Meanwhile, escalating tensions in the Middle East continued to weigh on risk assets. At the regulatory and institutional level, several recent developments continue to influence medium-term expectations: the CLARITY Act has encountered obstacles due to disagreements between Coinbase and the White House over stablecoin yield terms, weakening expectations for regulatory clarity in the short term; Goldman Sachs confirmed it is actively researching tokenization and stablecoin technologies; South Korea passed amendments to establish a legal basis for tokenized securities; and the New York Stock Exchange confirmed it is exploring a 24/7 trading mechanism based on tokenization. Regarding the market outlook, market maker Wintermute believes that this breakout differs from previous leveraged rallies, being driven more by real capital inflows. While Monday's sharp drop was significant, leverage was quickly cleared, and the market did not experience a chain reaction of declines, maintaining a relatively healthy overall structure. In the short term, attention should be paid to whether BTC can hold above $90,000 and whether ETF fund flows continue; if it falls below this range, the trading range since November last year may turn into a resistance level again.

Yardeni Research indicates a broadening bull market with increased momentum in small and mid-cap stocks. According to NS3.AI, the ratio of S&P 100 to S&P 500 suggests that the concentration in tech-heavy markets may have reached its peak, reducing the likelihood of a bubble burst. However, there is still caution as the move away from major tech companies, known as the 'Magnificent 7,' might be a temporary trend.

What most people don't realize is that the robots will use encrypted tracks in their daily operations.

One of the most significant changes in the crypto market over the past two years has not been a new public blockchain or a popular narrative, but rather the slow but steady migration of derivatives trading from centralized exchanges to on-chain transactions.

The president of sell-side Wall Street firm Yardeni Research says he’s seeing signs of a broadening bull market as momentum shifts to small and mid-cap (SMID) stocks. Ed Yardeni says the ratio of the S&P 100 to the S&P 500 may have peaked at the end of last year. source: https://dailyhodl.com/2026/01/20/odds-that-stock-market-bubble-will-burst-dwindling-as-sp-500-shows-signs-of-broadening-says-yardeni-research/

Georgia is reporting a surge in cryptocurrency mining spurred by affordable electricity prices and the legalization of the industry. source: https://www.cryptopolitan.com/crypto-mining-spikes-georgia-electricity/

Key Insights: Bitcoin price did not crash across the market. BTC traded near $92,600 and moved very little over the past 24 hours. However, on one crypto trading platform, Bitcoin briefly showed a price of zero. This happened on Paradex, a perpetual futures exchange built on Starknet source: https://www.thecoinrepublic.com/2026/01/20/bitcoin-price-briefly-trades-at-0-on-one-platform-liquidations-follow/

الرؤى الرئيسية: لم ينهار سعر البيتكوين في السوق. فقد تم تداول البيتكوين بالقرب من 92,600 دولار أمريكي وتحركت قليلاً خلال الـ 24 ساعة الماضية. ومع ذلك، على إحدى منصات تداول العملات الرقمية، أظهرت البيتكوين لفترة وجيزة سعرًا يساوي صفرًا. حدث ذلك على Paradex، وهي بورصة عقود آجلة دائمة مبنية على Starknet source: https://www.thecoinrepublic.com/ar/2026/01/20/%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%a8%d9%8a%d8%aa%d9%83%d9%88%d9%8a%d9%86-%d9%8a%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d9%84%d9%81%d8%aa%d8%b1%d8%a9-%d9%88%d8%ac%d9%8a%d8%b2%d8%a9-%d8%b9%d9%86%d8%af-0/

Zama unveils innovative public token auction, using proprietary encryption. Bidding begins January 21, 2026. Key details on protocol and market impact. source: https://coincu.com/news/zama-auction-homomorphic-encryption/

null source: https://x.com/cryptoquant_com/status/2013555098748883138

According to a recent report by CryptoQuant, XRP’s derivatives market on Binance is entering a transitional phase marked by rising volatility, but without the kind of leverage extremes that typically precede sharp market dislocations. Current data shows XRP open interest climbing to approximately $566. 48 million, moving above its 30-day average of $528. 84 million source: https://www.ethnews.com/xrp-positioning-tightens-as-derivatives-volatility-reaches-november-levels/

Twitter, Unveiling the X Traffic Secrets: A Practical Guide to Creating Viral Tweets; Jinse Finance, Mastering the X Recommendation Mechanism.

The New York Stock Exchange is developing a platform to trade tokenized stocks and ETFs 24/7 with instant settlement using stablecoins. The project, still awaiting regulatory approval, will combine blockchain technology with NYSE’s existing trading system to create a dedicated venue for digital securities.

Asset managers warn scrapping a long-standing threshold could turn cautious crypto exposure into a costly compliance hurdle, undermining institutional adoption.

US Stocks, Tokenized Stocks, NYSE Officially Announces Tokenized Securities Trading and Settlement Platform: Are the Rules of the Game Changing for US Stocks? According to Jinse Finance, compared to the crypto market, the US stock market is clearly lagging behind.

India imported $5.9 billion of silver in just four months, a sharp rise driven by strong jewellery buying, investor demand and industrial use such as solar and electronics. Silver prices hit record highs, lifting metal stocks and ETFs, even as physical silver in India traded at a discount.

From Silicon Valley giants to the "White House AI and Crypto Czar," they offer a comprehensive assessment of business, politics, and technology in 2026.

The biggest change in U.S. crypto regulation in 2025 will not be the advancement of a new rule or bill, but rather the redefinition of the overall governance approach.

Revolut is accelerating its expansion across Latin America, zeroing in on Peru’s multibillion-dollar remittance market as it seeks a full local banking license and ramps up competition with the region’s entrenched financial institutions.