Entropy, a decentralized custody startup led by a16z, has announced its closure and will return remaining funds to investors. Entropy founder and CEO Tux Pacific stated on the X platform that the decision was made after four years of product development, multiple business adjustments, and two rounds of layoffs. Entropy positioned itself as an alternative to centralized crypto custody institutions, utilizing technologies such as multi-party computation, threshold cryptography, and trusted execution environments to provide users with cross-chain asset management and automated signature services. The company completed a $25 million seed round in 2022 led by a16z, with participation from investors including Dragonfly, Variant, and Coinbase Ventures, bringing its total funding to approximately $27 million. Pacific stated that recent research revealed the business model was unsustainable for venture capital-level growth, leading to the decision to cease operations and return capital. This event also reflects the increasingly challenging environment for crypto startups since 2025. (TheBlock)

On January 26, a high-frequency trader known as 'Pioneer of Short Selling' closed an ETH short position, incurring a loss of $12,500 after holding it for three hours. According to BlockBeats On-chain Detection, the account currently shows an unrealized loss of $49,000. The trader employs a strategy involving multiple assets with strict risk management, achieving a total profit of $2.367 million over the entire trading cycle.

Bitcoin briefly fell below $87,000 early on January 26, erasing gains made earlier in the month. According to BlockBeats, the cryptocurrency's return rate for January stands at -0.5%. On January 14, Bitcoin had surged past $97,000, marking a decline of approximately 10.9% from its monthly peak. The downturn is attributed to several factors, including geopolitical risks, the diminished appeal of Bitcoin as a safe haven asset, the Federal Reserve's slower pace of interest rate cuts, institutional ETF outflows, and market deleveraging. Historical data reveals that since 2013, Bitcoin's average return rate for January is +3.81%, with a median return rate of +0.62%. Over the past 13 years, Bitcoin has seen gains in January seven times and declines six times.

At 12:00, a significant transfer of 4,585.91 ETH was made from Everstake to an anonymous address beginning with 0xA103. According to ChainCatcher, the transaction involved a substantial amount of Ethereum, highlighting ongoing movements within the cryptocurrency market.

XRP price extended losses and traded below $1. 880. The price is now consolidating and might decline further if it remains below $1. 920 source: https://www.newsbtc.com/analysis/xrp/xrp-price-bearish-continuation-1-90/

At the "New Era for Finance" roundtable at the 2026 Davos Forum, Binance founder CZ argued that although the payments sector still faces challenges, it will see greater growth in the future as traditional payment methods merge with cryptocurrencies.

A significant Bitcoin transaction was observed involving anonymous addresses. According to ChainCatcher, at 11:51, a total of 179.98 BTC was transferred from one anonymous address to another. Following this, a portion of the Bitcoin, specifically 11 BTC, was moved to a different anonymous address. The identities behind these addresses remain unknown.

Precious metals surge to records while digital assets sink into "extreme fear" amid geopolitical turmoil and macro uncertainty source: https://www.blockhead.co/2026/01/26/bitcoin-languishes-30-below-peak-as-gold-breaks-5-000-highlighting-cryptos-risk-on-reality/

The share of the U.S. dollar in global foreign exchange reserves has decreased significantly. According to PANews, Cointelegraph reports that the dollar's share has fallen from 65% in 2001 to just 40% currently. This decline indicates a trend among global institutions to reduce their exposure to the dollar.

OpenMind, a company specializing in intelligent machine infrastructure, has introduced APP Builder, a tool designed to simplify the creation and deployment of robot software applications. According to Foresight News, the official statement from OpenMind highlights that APP Builder aims to expand the application scenarios for autonomous machines by making it easier for developers to build and release software applications for robots.

Delaware Life partners with BlackRock to offer bitcoin exposure through a fixed index annuity, combining equities and crypto with principal protection. source: https://catenaa.com/markets/cryptocurrencies/delaware-life-offers-bitcoin-exposure-through-fixed-index-annuity-with-blackrock/

I am not optimistic about the secondary market for cryptocurrencies in 2026, as cryptocurrencies will face several major risks that cannot be ignored.

Blockchain investigator ZachXBT claims a man known as “Lick” stole tens of millions of dollars in crypto from U.S. government wallets linked to seized Bitfinex funds. The suspect is alleged to be the son of the boss of a company contracted to manage those assets, raising concerns over security and oversight.

U.S. Authorities have arrested former Canadian Olympic snowboarder Ryan Wedding, bringing an end to a decade-long international manhunt and marking a turn of events of how an once elite athlete could turn into the mastermind of a large scale transnational crime syndicate.

Mobile devices offer a way to integrate cryptocurrency into people's daily lives.

Prediction, DeFi, Artificial Intelligence, Polymarket, "Prediction" Prediction Market, Golden Finance, Tracking the Trajectory of Speculative Platforms.

The most challenging problem in predicting markets is not pricing the future, but rather determining what actually happens.

In 2026, the apparent prosperity of the US economy masks deep-seated cracks. Behind the strong GDP and stock market lies an accumulation of bond volatility, debt pressure, and geopolitical risks. The Federal Reserve's shift to a wait-and-see approach could amplify the magnitude of the correction.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2948, providing you with the latest and fastest news on the digital currency and blockchain industry.

ARK's annual research report, "Big Ideas," has been published for ten consecutive years. It's not just a simple industry outlook, but more like a "technology map for the next ten years."