‍BitGo Pursues $201 Million NYSE IPO BitGo, a leading institutional crypto custodian, has initiated its IPO process with the SEC, aiming to list on the NYSE under the ticker "BTGO." The company plans to offer approximately 11.8 million shares at $15-$17 each, potentially raising $201 million and valuing BitGo at $1.96 billion. With over $90 billion in assets under custody, BitGo's public offering, led by Goldman Sachs, signals growing institutional interest in regulated digital asset infrastructure.
‍Strategy Completes $1.25 Billion Bitcoin Purchase, Largest Since July 2025 Corporate investor Strategy has acquired 13,627 BTC for approximately $1.25 billion. This marks the company's largest single investment in Bitcoin since July 2025. The purchase, executed between January 5-11, 2026, at an average price of $91,519 per coin, was funded through equity programs. Strategy remains the largest corporate Bitcoin holder globally with 687,410 BTC, valued at an aggregate acquisition cost of $51.8 billion.
‍Hoskinson Skeptical of CLARITY Act, Calls for Crypto Czar's Resignation Charles Hoskinson, founder of Cardano, expressed doubt about the CLARITY Act's passage and urged David Sacks, Trump's crypto advisor, to resign. Hoskinson cited market declines (40-50% since the administration took office), lack of regulatory clarity, and stalled innovation as reasons for his criticism. He also opposes the GENIUS Act, fearing it will centralize crypto around traditional finance giants, effectively giving "Wall Street the keys to the crypto kingdom." Hoskinson advocates for a neutral environment supporting innovation for U.S. leadership in blockchain.
‍Bank of Italy Warns of Ethereum Infrastructure Risks from ETH Collapse A new study from the Bank of Italy explores the potential infrastructure risks to the Ethereum network should Ether (ETH) experience a catastrophic price decline. Economist Claudia Biancotti's research, "What if Ether Goes to Zero?", views Ethereum not just as a speculative asset but as critical financial infrastructure. The paper highlights that a zero ETH value could undermine network security and settlement capabilities due to the incentive structure of Proof of Stake validators. This could lead to susceptibility to attacks, transaction delays, and increased operational risk for DeFi services, stablecoins, and tokenized assets built on the network. The findings suggest a challenging regulatory landscape, with options including classifying public chains as unsuitable for regulated financial services or permitting their use under strict risk mitigation measures. The focus is shifting from price volatility to the structural integrity of decentralized systems.
‍Standard Chartered Explores Crypto Brokerage, Revises ETH Price Targets Standard Chartered is reportedly developing a crypto prime brokerage platform through its SC Ventures arm. This move aligns with its increasing institutional involvement in digital assets. Simultaneously, the bank has adjusted its medium-term price forecasts for Ether (ETH). The 2026 year-end target was lowered to $7,500 (from $12,000), and the 2028 outlook to $22,000 (from $25,000). This revision is attributed to Bitcoin’s market dominance. However, the 2030 price target was raised to $40,000. This strategic expansion occurs as other financial giants like Morgan Stanley and Bank of America increase their crypto offerings.
‍Economists Urge EU to Prioritize Public Interest in Digital Euro Project A group of prominent economists has appealed to the European Parliament to ensure the digital euro prioritizes public interest and monetary sovereignty. They argue a Central Bank Digital Currency (CBDC) is essential to safeguard Europe's financial autonomy against private stablecoins and foreign payment corporations. The signatories, including Thomas Piketty, characterize the digital euro as a necessary public good, warning that inaction could lead to increased dependency on non-European payment platforms and a potential loss of monetary sovereignty. The European Central Bank (ECB) is in a preparation phase, exploring measures like holding limits to balance innovation with financial stability and address concerns from the banking sector.
‍Investor Sentiment Shifts: $454M Exits Crypto ETPs Crypto ETPs experienced net outflows of $454 million in the first week of 2026, largely driven by diminishing expectations of a Federal Reserve interest rate cut. Bitcoin saw outflows of $404 million, while Ether also faced selling pressure with $116 million withdrawn. The US market accounted for the majority of outflows ($569 million), contrasting with inflows from Germany, Canada, and Switzerland. Despite this volatility, total AUM for crypto ETPs remained robust at $181.9 billion.
‍OKX Founder Defends Freezing Purchased KYC Accounts OKX CEO Star Xu has defended the exchange's decision to freeze user assets in cases involving purchased Know Your Customer (KYC) accounts. The controversy emerged after a user reported locked USDG stablecoins, highlighting the tension between platform security and users bypassing regional restrictions. Xu stated that allowing third parties to control verified accounts is a "dereliction of duty." He outlined conditions for fund recovery: original sellers must disclaim ownership, accounts must be free of judicial freezes, and the user must provide verifiable proof of the source of funds. The incident underscores the industry's focus on AML/CTF regulations and real-name verification.
‍H100 Group to Acquire Bitcoin Treasury Firm Future Holdings, Backed by Adam Back Sweden-listed H100 Group has entered a preliminary agreement to acquire Switzerland-based Future Holdings AG, a Bitcoin treasury firm co-founded by industry pioneer Adam Back. The non-binding letter of intent, announced January 12, 2026, signals a strategic consolidation in the European digital asset sector. The acquisition aims to establish H100 Group in the Swiss financial market, creating a public-market platform compliant with institutional standards. The transaction values Future Holdings at approximately 375,000 to 600,000 Swiss francs (approx. $471,000–$753,000), payable in new H100 shares. Future Holdings, established in November 2025, had previously raised $35 million. Adam Back has also provided H100 with a convertible loan. The deal is expected to close by late January 2026.
‍SEC Delays PENGU and T. Rowe Crypto ETFs, Opens Public Comment on Grayscale Options The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline for the Canary Pudgy Penguins (PENGU) ETF and the T. Rowe Price Active Crypto ETF. This delay, part of the 19b-4 process, allows for further evaluation of market manipulation and investor protection risks associated with NFT-adjacent and actively managed multi-asset crypto products. Concurrently, NYSE American's proposal to list standardized options on the Grayscale CoinDesk Crypto 5 ETF has entered a public comment phase. This move could introduce significant hedging and leverage tools for investors in the U.S. crypto derivatives market, currently dominated by single-asset products. The SEC's actions underscore a focus on investor protection amid increasing demand for diverse crypto investment vehicles.