Bitcoin institutional demand remains intact despite recent price volatility and weakening retail sentiment, according to new on-chain data from CryptoQuant.The analytics firm found that large custody wallets — typically associated with institutions, funds, and exchange-traded products — have accumulated $53 billion worth of Bitcoin over the past 12 months, signaling that long-term accumulation has continued beneath the surface.Institutions continue accumulating BitcoinCryptoQuant founder Ki Young Ju said on Tuesday that wallets holding between 100 and 1,000 BTC have added approximately 577,000 Bitcoin over the past year.“Institutional demand for Bitcoin remains strong,” Ju said, noting that this wallet cohort includes spot Bitcoin ETFs and professional custodians.“Excluding exchanges and miners, this gives a rough read on institutional demand — and it’s still flowing in.”According to CryptoQuant, balances in this wallet group have increased by roughly 33% over the past 24 months, closely aligning with the launch and expansion of U.S. spot Bitcoin ETFs in early 2024.ETF inflows reinforce long-term accumulation trendDespite recent price pullbacks, U.S.-listed spot Bitcoin ETFs have recorded approximately $1.2 billion in net inflows so far this year, even as Bitcoin itself has gained just over 6%.The divergence suggests that institutional allocators continue to view price weakness as an accumulation opportunity rather than a signal to exit.Political economist Crypto Seth echoed that view, stating:“Institutions have just begun investing in Bitcoin and Ethereum. I think this is only the beginning — most people can’t imagine what adoption looks like in 2030 or 2040.”Corporate Bitcoin treasuries accelerate buyingInstitutional accumulation has also been supported by the rapid expansion of digital asset treasury (DAT) holdings, led by Michael Saylor’s Strategy.According to Glassnode:Corporate and private treasuries have added 260,000 BTC since JulyHoldings increased 30% in six monthsTotal DAT balances now exceed 1.1 million BTCThis accumulation has significantly outpaced Bitcoin miner issuance over the same period, reinforcing the tightening supply narrative.Glassnode previously noted that this trend reflects a structural shift, where Bitcoin supply is increasingly migrating from liquid markets into long-term institutional custody.Retail sentiment weakens as institutions accumulateWhile institutional activity remains strong, retail sentiment has deteriorated.The Bitcoin Fear & Greed Index slipped back into “fear” territory at 32/100 on Tuesday, after briefly touching “greed” levels for the first time since October.The sentiment reversal followed Bitcoin’s pullback from last week’s high near $97,000 to below $92,000, driven largely by escalating trade tensions between the United States and Europe.Historically, periods where retail fear coincides with institutional accumulation have often preceded medium- to long-term trend reversals — though timing remains uncertain.Institutional flows continue diverging from retail behaviorThe data highlights a widening gap between retail psychology and institutional positioning:Retail: risk-averse, headline-driven, sentiment deterioratingInstitutions: steady accumulation, ETF inflows, treasury expansionAccording to CryptoQuant, this divergence reinforces the idea that Bitcoin’s current market phase is being shaped more by long-term capital allocation decisions than speculative retail trading.As macro uncertainty continues to dominate short-term price action, on-chain data suggests institutional participants remain focused on structural exposure rather than short-term volatility.

Bitcoin holders have entered their first sustained period of realized losses in more than a year, as rising geopolitical tensions and renewed trade-war fears push investors toward traditional safe-haven assets like gold.According to on-chain data from CryptoQuant, Bitcoin’s 30-day realized profit and loss metric has turned negative, marking the first such occurrence since late 2023 after more than two years dominated by realized profits.Bitcoin holders begin realizing lossesCryptoQuant head of research Julio Moreno said the shift indicates that coins moved on-chain over the past month were sold below their original purchase prices.“Bitcoin holders have been realizing losses for a 30-day period since late December — the first time this has happened since October 2023,” Moreno wrote on X.The realized profit and loss metric tracks whether BTC being spent is moving at a profit or loss relative to its acquisition cost. While a negative reading does not automatically signal a market bottom, it typically reflects increasing stress among late buyers and a transition in market sentiment.Historically, extended periods of realized losses have tended to appear during mid-cycle corrections or late-stage consolidation phases, rather than during strong bull-market expansions.Gold surges above $4,700 as investors seek safetyWhile Bitcoin struggled, gold rallied sharply, reaching a new all-time high above $4,700 per ounce on Tuesday.Spot gold briefly touched $4,701.23, while U.S. gold futures also printed record levels. Silver followed closely, trading near historic highs after briefly hitting $94.72 per ounce.The rally in precious metals comes as investors reassess global risk following renewed geopolitical tension and escalating trade rhetoric from the United States.Market sentiment deteriorated after U.S. President Donald Trump warned of potential new tariffs against several European allies unless Denmark agreed to negotiations involving Greenland — reviving fears of a broader transatlantic trade conflict.Bitcoin-to-gold ratio drops sharplyThe diverging performance between Bitcoin and gold has pushed the BTC-to-gold ratio down more than 50% from its peak, according to Bitfinex analysts.“Last time we were at these levels, Bitcoin eventually went on to outperform gold,” Bitfinex noted. “This cross is worth watching as liquidity conditions evolve in 2026.”Historically, sharp declines in the BTC/gold ratio have often preceded periods of crypto underperformance, followed later by rotation back into digital assets once macro conditions stabilize.Spot Bitcoin ETFs see renewed outflowsPressure on Bitcoin was reinforced by ETF flows.U.S.-listed spot Bitcoin ETFs recorded $394.7 million in net outflows on Monday, according to SoSoValue data, snapping a four-day inflow streak that had brought more than $1.8 billion into the products.Valr co-founder and CEO Farzam Ehsani said escalating trade-war rhetoric is driving investors back into defensive positioning.“President Trump’s aggressive tariff language is pushing markets into full de-risking mode,” Ehsani said in comments shared with Cointelegraph.He added that historically, tariff threats and retaliatory measures have created significant headwinds for risk assets, including cryptocurrencies.Market context: correction, not capitulationDespite the rise in realized losses, analysts note that current conditions differ sharply from full bear-market capitulation phases.Long-term holder selling remains limitedDerivatives leverage has already been flushedSpot demand has weakened, but not collapsedThis suggests the current drawdown may reflect macro-driven risk aversion rather than a structural breakdown in Bitcoin’s long-term trend.As global markets remain sensitive to trade developments and geopolitical headlines, Bitcoin’s near-term direction may continue to track broader risk sentiment — particularly relative to gold and U.S. dollar liquidity conditions.For now, the return of realized losses marks a notable shift in market psychology — and a reminder that even in structurally stronger cycles, Bitcoin remains deeply intertwined with global macro stress.

Bitcoin is facing renewed downside pressure after failing to hold a key breakout, with technical signals now pointing to a potential move toward sub-$60,000 levels, according to multiple analysts.BTC slid to eight-day lows near $90,000 on Tuesday as markets digested rising geopolitical tension and weakening technical structure, putting bulls back on the defensive.Key takeawaysBitcoin has re-entered its multi-month trading range after a failed breakout attemptA new weekly death cross has formed, historically associated with macro bottomsAnalysts warn BTC could revisit $58,000–$62,000 if support failsBitcoin breakout fails as price slips below key levelsData from TradingView shows BTC retesting the $90,000 zone ahead of the week’s first full Wall Street session, after briefly attempting to break higher earlier this month.The pullback coincides with renewed global risk aversion as US-EU trade tensions re-emerge, tied to Washington’s proposed tariff actions involving Greenland. While gold and silver pushed to fresh all-time highs, risk assets — including crypto — came under pressure.Trader Daan Crypto Trades said Bitcoin has now clearly fallen back into its long-standing consolidation range.“Now fully back into the ~$84K–$94K range it has spent the past two months in,” he wrote on X.“Breakout failed — and it doesn’t make for a pretty look.”Technically, BTC lost both the 4-hour 200-period SMA and EMA, weakening short-term structure and shifting focus toward lower support zones.Yearly opens back in playAnalysts are now watching key yearly levels closely.2025 yearly open: ~$93,5002026 yearly open: ~$87,000Rekt Capital noted that Bitcoin must reclaim $93,500 to preserve its weekly breakout structure.“Bitcoin will need to find a way to reclaim $93,500 throughout the week to confirm this as a successful retest,” he said.Failure to do so would place the 2026 yearly open near $87,000 in focus — a level some traders believe is likely to be tested.“It’s rare to see no wick below the yearly open,” Daan Crypto Trades added.“Better to get that out of the way sooner rather than later.”Liquidations spike as volatility returnsMarket stress was reflected in derivatives data.According to CoinGlass, more than $360 million in liquidations occurred over the past 24 hours, with forced selling accelerating as U.S. futures opened overnight.The spike followed renewed trade-war headlines, though some analysts say macro news merely acted as a trigger — not the root cause.Death cross flashes warning signalAccording to Keith Alan, cofounder of Material Indicators, Bitcoin’s latest decline was technically telegraphed well in advance.“This move had nothing to do with narratives,” Alan said.“We’ve seen it developing in the charts for over a month.”Alan highlighted a newly formed weekly death cross, where the 21-week moving average crosses below the 50-week average — a signal that has historically preceded major cycle bottoms.He added that Bitcoin may attempt to bounce near the 100-week SMA, currently around $86,900.$58K–$62K zone back on the tableVeteran trader Peter Brandt offered the most bearish outlook, suggesting Bitcoin could revisit the $58,000–$62,000 range — levels last seen in October 2024.“58k to 62k is where I think it is going,” Brandt wrote on X.“If it does not go there, I won’t be ashamed. I’m wrong 50% of the time.”While Brandt emphasized uncertainty, his call reflects growing caution among technical traders as BTC struggles to reclaim lost momentum.Market outlook: correction or reset?Despite the near-term pressure, several analysts note that:Leverage has already been flushedOpen interest remains well below October highsSpot demand has not collapsedThis leaves open the possibility that further downside — if it occurs — could act as a structural reset rather than a trend reversal, particularly if long-term holders continue accumulating.For now, however, Bitcoin remains vulnerable unless bulls reclaim $93,500–$98,000, with downside liquidity increasingly clustered below.

公式発表によると、OKX「学びながら稼ぐ」ゴールドグリッド特集イベントが正式に開始されました。開催期間は2026年1月19日20:00～2月8日23:59（UTC+8）です。キャンペーン期間中、ユーザーが登録してキャンペーンに参加し、先物グリッド戦略取引を行うと、8.8グラムの純金や1万USDTのグリッドエアードロップポジションなど、複数の報酬を獲得するチャンスがあります。

ニューヨーク証券取引所（NYSE）は、ステーブルコインを用いた即時決済により、トークン化された株式や上場投資信託（ETF）を24時間365日取引できるプラットフォームを開発中だ。規制当局の承認待ちのこのプロジェクトは、ブロックチェーン技術とNYSEの既存取引システムを統合し、デジタル証券専用の取引場を構築する。

Ripple is preparing to unlock 1 billion XRP tokens from its escrow on February 1, 2026. According to NS3.AI, this release is part of a predetermined monthly schedule initiated in 2017 to ensure predictable supply management. The scheduled unlock demonstrates Ripple's continued commitment to transparently regulating the circulation of XRP.

Memecoin trading activity briefly surged on Monday, with total volume jumping to $5.62 billion, as traders appeared to lock in profits following a strong start to the year, according to analysts.Data from CoinMarketCap shows memecoin trading volume rose 106% day over day, even as the sector’s total market capitalization fell 6%, a divergence that analysts say typically signals short-term speculation rather than fresh capital inflows.Since then, trading activity has cooled sharply, with volume dropping back to around $3.6 billion, down more than 24% from the daily peak.Volume spike reflects churn, not new inflowsVincent Liu, chief investment officer at Kronos Research, said the combination of rising volume and falling market capitalization points to heavy churn rather than sustained bullish momentum.“A surge in volume alongside declining market cap usually reflects profit-taking, short-term flipping, and capital rotation,” Liu told Cointelegraph.“In thin liquidity conditions, elevated activity can still push prices lower even as volume spikes. The initial surge and subsequent drop in volume suggest speculative momentum has cooled.”Liu added that memecoin rallies often see brief bursts of activity around catalysts before participation fades.“Once profit-taking, liquidations, and rotation trades are absorbed, momentum traders step back, spreads widen, and liquidity thins. Volume tends to normalize quickly.”Memecoins opened 2026 strong before coolingThe memecoin sector began the year with a sharp rally, as total market capitalization climbed from $38 billion on Dec. 29 to $47.7 billion by Jan. 5, before losing momentum in the following days.Kadan Stadelmann, chief technology officer at Komodo Platform, said such moves are typical of highly speculative assets.“Memecoin rallies are usually driven by speculation rather than fundamentals,” Stadelmann said. “That makes them natural candidates for reversion rather than sustained appreciation.”He added that capital tends to rotate rapidly between tokens, creating sharp price swings rather than broad sector growth.“The result is constant rotation — one memecoin rises while others decline — rather than long-term stability.”Sector remains fragile after 2025 washoutMemecoins were among the hardest-hit segments during last year’s market turbulence. According to CoinGecko research analyst Shaun Paul Lee, more than 11.6 million crypto projects failed in 2025, the highest annual figure on record, with memecoins accounting for a significant share.The collapse reinforced growing caution among traders, even as short-term speculative interest continues to reappear during periods of volatility.Market intelligence platform Santiment also reported a recent uptick in memecoin-related social media activity, largely driven by discussions around rug pulls, failed launches, and short-lived rallies.Despite frustrations, Santiment noted that traders remain drawn to memecoins for their potential for quick gains.Bitcoin likely to dictate memecoin direction in 2026Analysts say memecoins remain one of the clearest indicators of overall market risk appetite — and their outlook in 2026 will depend heavily on Bitcoin’s performance.“Memecoins’ market performance this year will largely depend on Bitcoin,” Stadelmann said.“If Bitcoin continues to underperform hard assets like gold, as it did in 2025, that would likely be bearish for speculative sectors such as memecoins.”For now, analysts say memecoin activity reflects tactical trading rather than conviction, with traders quick to enter — and just as quick to exit — as liquidity conditions tighten, according to Cointelegraph.

資産運用会社は、長年維持されてきた閾値の撤廃が、慎重な暗号資産へのエクスポージャーを高コストなコンプライアンス上の障壁に変え、機関投資家の採用を阻害する恐れがあると警告している。

Darkfost posted on X. Today marks 109 days since the last all-time high (ATH) in the market. During previous major corrections, the market experienced 236 days of downturn between March 2024 and November, followed by 154 days between December 2024 and May 2025. Despite the current correction feeling more severe, with significant realized losses, intense capitulation, and pressure on short-term holders, it could extend for several more months without being considered unusual. This cycle is notable for the unusual alignment between a new ATH following the bear market and the halving event. The market shift is likely influenced by the introduction of exchange-traded funds (ETFs) and reinforced by strong institutional involvement.

Ethereum is experiencing a quiet increase in spot holdings, driven by non-leveraged transactions, according to ChainCatcher. Despite a rebound over the past two to three weeks, the medium-term configuration logic for ETH remains intact. The previously noted recovery signals continue to persist, with technical indicators showing improvement and on-chain data warming up. The market's pricing of pessimistic expectations has softened, at least for the current stage, easing short-term downward pressure. Structurally, the current ETH options market is dominated by selling call options, while spot buying remains prevalent, indicating strategic accumulation rather than mere pursuit of price increases. This combination retains some upward participation while allowing for premium collection through selling call options, monetizing part of the volatility. Meanwhile, the recent increase in holdings is primarily driven by spot buying, providing stronger support for the rebound and enhancing its sustainability.

Vanguard Group's Value Index Fund (VVIAX) has disclosed its initial purchase of shares in the Bitcoin treasury company, MicroStrategy (MSTR). According to PANews, the fund acquired 1.23 million shares, valued at approximately $202.5 million.

Bitcoin's price dropped by more than 2. 5% in the past 24 hours. Here is why. source: https://cryptopotato.com/why-is-the-bitcoin-price-down-today-january-20th-2026/

米国株式、トークン化株式、NYSEがトークン化証券取引決済プラットフォームを正式発表 米国株式市場のルールが変わる？ゴールデンファイナンス、暗号資産市場と比べると、米国株式市場は明らかに遅れている。

インドはわずか4か月間で59億ドル相当の銀を輸入した。宝飾品需要の高まり、投資家の需要、太陽光発電や電子機器などの産業用途が急増したことが背景にある。銀価格は過去最高値を更新し、金属株や上場投資信託（ETF）を押し上げた。一方でインド国内の現物銀は割安で取引されていた。

シリコンバレーの巨頭から「ホワイトハウスのAI・暗号通貨担当責任者」まで、2026年のビジネス、政治、テクノロジーに対する包括的な見解を示した。

2025年の米国暗号資産規制における最大の変化は、特定の新たな規制や法案の推進ではなく、ガバナンス手法全体が再定義されたことである。

レボルトはラテンアメリカ全域での事業拡大を加速させている。ペルーの数十億ドル規模の送金市場に焦点を当て、現地の銀行免許取得を目指すと同時に、同地域に根強い金融機関との競争を激化させている。

過去の株式トークン化が境界を探る実験だったとすれば、NYSEの参入により業界は新たな段階に入ろうとしている。

合法な者とそこから利益を得る者が同一の人物である場合、「合法」という言葉はいったい何を意味するのか？

ビットコインが3％下落し9万2000ドルに。EU緊急サミットと米欧貿易戦争懸念を受け、清算ポジションの90％がロングポジションを解消。