Business

January, 2026

• 29 January

  Sygnum Bank Raises 750 BTC for New Bitcoin Yield FundSygnum Bank Raises 750 BTC for New Bitcoin Yield Fund

  

  Swiss digital asset banking group **Sygnum Bank**, in partnership with Starboard Digital Strategies, announced on January 29, 2026, the successful completion of the seed phase for the **Starboard Sygnum BTC Alpha Fund**. The fund attracted over **750 BTC** (valued at approximately $65–$66 million at current prices around $87,000–$88,000 per BTC) from professional and institutional investors in just four months since …
• 29 January

  XRP “Millionaire” Wallets Climb Despite Small Price Dip: Santiment

  

  Despite a ~4% price decline since the start of 2026 (trading near $1.87–$1.90 as of January 29), the number of XRP “millionaire” wallets—addresses holding at least 1 million XRP—has increased, according to on-chain analytics firm Santiment. Santiment reported a net gain of **+42** such wallets since January 1, marking the first uptick since September 2025 and reversing months of outflows. …
• 29 January

  Strive Retires 92% of Debt and Buys 334 Bitcoin After Preferred Stock Raise

  

  Strive Inc. (ASST), a Bitcoin treasury and asset management firm backed by Vivek Ramaswamy, announced January 28, 2026, that it retired **92%** ($110 million) of the $120 million debt assumed from its recent acquisition of Semler Scientific. The move was funded by an upsized, oversubscribed offering of Variable Rate Series A Perpetual Preferred Stock (SATA), raising **$225 million** amid demand …
• 29 January

  Crypto PAC Fairshake Raises $193M Ahead of Critical US Crypto Vote

  

  Pro-crypto super PAC **Fairshake** announced on January 28, 2026, that it holds more than **$193 million** in cash on hand, bolstering its influence as the U.S. heads into the 2026 midterm elections and ongoing debates over comprehensive cryptocurrency legislation. Backed by major players like Coinbase ($25M in 2025), Ripple ($25M), and Andreessen Horowitz (a16z, $24M), the funds represent a sharp …
• 29 January

  Bitpanda and Ribbon Plc Launch Crypto Trading, Custody, and Staking for UK Users

  

  European crypto platform Bitpanda’s B2B arm, **Bitpanda Technology Solutions (BTS)**, has partnered with UK digital financial services super-app **Ribbon Plc** to introduce a comprehensive digital asset investment service for UK customers, announced January 29, 2026. Under the agreement, Ribbon integrates Bitpanda’s infrastructure to deliver: – **Crypto trading** — Buy, sell, swap, and open-loop transfers for a range of cryptocurrencies. – …
• 29 January

  Optimism DAO Approves OP Buyback Proposal with 84% Support – Next Steps Explained

  

  The Optimism Collective has approved a landmark governance proposal to implement monthly OP token buybacks, securing **84.4%** voter approval in an on-chain vote that concluded January 28, 2026. The measure directs **50%** of net Superchain sequencer revenue—generated across OP Mainnet, Base, Unichain, Ink, World Chain, Soneium, and other OP Stack chains—to repurchase OP tokens from the open market. This 12-month …
• 29 January

  Bitcoin Dips as Hawkish Fed and Outflows Shake the Market: Analysts Warn

  

  Bitcoin declined this week, dipping below $89,000 to trade around $87,900–$88,900 as of January 29, 2026, pressured by the U.S. Federal Reserve’s January 28 FOMC decision and sustained capital outflows from crypto funds. The Fed held benchmark rates steady at 3.5%–3.75%, but its statement and Chair Powell’s remarks emphasized inflation persistence and a resilient economy, signaling limited near-term cuts (fewer …
• 29 January

  US Senators Criticize DOJ Over Crypto Crime Unit Shutdown Amid Conflicts

  

  Six Democratic US Senators—Mazie Hirono, Elizabeth Warren, Richard Durbin, Sheldon Whitehouse, Christopher Coons, and Richard Blumenthal—publicly slammed the Department of Justice (DOJ) on January 28, 2026, over the 2025 disbandment of its National Cryptocurrency Enforcement Team (NCET). In a letter to Deputy Attorney General Todd Blanche, they alleged conflicts of interest, noting he held cryptocurrency valued at $158,000–$470,000 (primarily Bitcoin …
• 29 January

  Bitcoin Slides on Hawkish Fed Stance and Crypto Fund Outflows: Analysts Flag More Volatility

  

  Bitcoin faced renewed selling pressure this week, dipping below $89,000 (trading around $87,800–$88,700 as of January 29, 2026) after the U.S. Federal Reserve’s January 28 FOMC meeting. The Fed held rates steady at 3.5%–3.75% but struck a hawkish tone—highlighting elevated inflation risks, a resilient economy, and limited near-term cuts (markets now expect fewer than two 25bps reductions in 2026). This …
• 29 January

  Bybit to Launch Dollar Accounts With Partner Banks – Is Mainstream Crypto Coming?

  

  Bybit, the world’s second-largest crypto exchange by trading volume, announced on January 29, 2026, plans to introduce **”MyBank”** accounts, enabling users to hold and manage US dollars and other fiat currencies through partnerships with traditional licensed banks. Set for a February 2026 rollout (pending approvals), these accounts feature personal **International Bank Account Numbers (IBANs)** for seamless transfers across 18 fiat …