Ledger is in talks with Goldman Sachs, Jefferies, and Barclays regarding a potential U.S. IPO, potentially as soon as this year, that could value the company at over $4 billion, according to the Financial Times.

Crypto ETFs Experience $74.2 Million in Outflows as BTC and ETH Funds Face Capital Exodus

Bitmine has staked an additional 171,264 ETH, bringing its total to $503.2 million. OTC Kit has purchased a further 20,013 ETH, valued at $59.07 million. A whale has withdrawn 10 million ENA from Bybit and subsequently staked it. A new wallet acquired 4.02 million Fartcoin for $1.22 million, 400.23 million PUMP for $1 million, and 38,504 META for $234,000.

Coinbase has formed a board to assess potential risks that quantum computing may pose to blockchain technology. cointelegraph

Most cryptocurrencies aside from Bitcoin have been in a bear market since December 2024, according to Pantera Capital. The market capitalization of non-Bitcoin assets, including Ether and stablecoins, has dropped approximately 44% from its late-2024 peak. The firm attributes the decline primarily to macroeconomic instability, decreased leverage, and fundamental concerns about token value accumulation. Nonetheless, Pantera notes that the length of this downturn aligns with previous crypto bear markets, potentially setting the stage for a more positive environment in 2026 if macro fundamentals improve. coindesk

GameStop wallets transferred their Bitcoin holdings to Coinbase Prime, likely for liquidation. Between May 14 and May 23, 2025, the wallets acquired 4,710 BTC at an average price of $107,900, amounting to approximately $504 million. Currently, the assets are being sold at around $90,800, generating an estimated loss of $76 million.

Binance has applied for a MiCA license in Greece. cointelegraph

The Sharpe ratio for Bitcoin has fallen to levels only seen four times since 2018, signaling heightened risk-adjusted returns concerns. This decline suggests either a prevailing bearish trend or that a market bottom may be near. Investor sentiment remains highly negative, with weaker holders exiting positions.

While the Sharpe ratio does not directly identify exact lows, it does mark points where risk and reward dynamics improve, often preceding significant market movements. Currently, the market appears oversold, indicating potential formation of local lows.

A rise in the Sharpe ratio above 0 would indicate a transition from decline to recovery. Until then, prolonged declines, increased uncertainty, and bearish outlooks are expected as market stability remains elusive.

Binance Futures to Launch USDⓈ-Margined Perpetual Contracts for SPACEUSDT and FIGHTUSDT on January 23, 2026

Most Active Investors Driving Cryptocurrency Funding Rounds in 2025

UBS plans to offer cryptocurrency trading services to clients through its Swiss banking division.

The Prosecutor General’s Office of Russia has declared the operations of the WhiteBit cryptocurrency exchange undesirable. source

The European Union has agreed to suspend its €93 billion retaliatory trade measures against the United States for six months. EU lawmakers are also expected to vote on ratifying the bloc’s trade agreement with the U.S., as the legislative process has resumed after former President Trump withdrew his threat to impose tariffs on European allies opposing his Greenland annexation plans.

Grayscale files application with SEC for BNB ETF. more details available in this tweet: here.

CertiK Seeks to Go Public via IPO

Aster CZ is once again promoting Aster, according to a recent post.

Binance plans to relaunch stock trading services.

BTC CQ: There is a decrease in short positions for BTC futures on the CME.

There is a decrease in short positions for BTC futures on the CME.

ACU has surged by 170% since last night, beginning at 20:35 Moscow time. The token has ascended to the top position in open interest growth rankings by this morning. Additionally, notable purchases of ACU were recorded earlier today. For more details, see the chart.

ACU has surged 170% since last night. Beginning at 20:35 Moscow time, the token started ascending the rankings for open interest growth, reaching the top position by this morning. Notably, there were substantial purchases of ACU earlier today.
For more details, see the chart.