Crypto Market Rallies, ETFs Surge, Regulatory Developments, and Exchange Activity
The cryptocurrency market is showing positive momentum, with Bitcoin (BTC) at $95k (+3%) and Ethereum (ETH) at $3313 (+6%). Altcoins like BNB and Solana (SOL) also experienced gains. Crypto ETFs saw significant inflows, with Bitcoin ETFs adding $754 million and ETH ETFs gaining $130 million. A Senate committee is scheduled to vote on a crypto bill on January 27, though stablecoin issues remain under debate. Other developments include Ethena Labs making USDe gas-free, Polygon Labs acquiring Coinme and Sequence for $250 million, and BitPanda considering a Frankfurt IPO in the first half of 2026. CZ is investing in Genius Terminal, and Coingecko is exploring a sale at a $500 million valuation.
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