Crypto Market Rallies on ETF Inflows; Regulatory Developments and Acquisitions
The cryptocurrency market is showing positive momentum, with Bitcoin (BTC) reaching $95,000, up 3%, and Ethereum (ETH) 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. Other developments include Ethena Labs making USDe gas-free, Bitdeer surpassing MARA in managed hashrate, and Polygon Labs planning to acquire Coinme and Sequence for $250 million. Additionally, BitPanda is considering a Frankfurt IPO in the first half of 2026, and CZ is investing in Genius Terminal. Coingecko is also reportedly considering sales at a $500 million valuation.
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