Crypto Market Rallies on ETF Inflows; Regulatory Developments and Acquisitions
The cryptocurrency market is showing positive momentum, with Bitcoin reaching $95,000, up 3%, and Ethereum at $3313, up 6%, according to reports. BTC ETFs saw inflows of $754 million, while ETH ETFs gained $130 million. A Senate committee is scheduled to vote on a crypto bill on January 27, though stablecoin issues remain under debate. In other developments, Ethena Labs has made USDe gas-free, and Bitdeer has surpassed MARA in managed hashrate. Polygon Labs is set to acquire Coinme and Sequence for $250 million, while BitPanda is considering a Frankfurt IPO in the first half of 2026. CZ has invested in Genius Terminal, a perpetual trading platform, and Coingecko is exploring a sale at a $500 million valuation.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.