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Morgan Stanley plans to support trading for BTC, ETH, and SOL on its online brokerage subsidiary, E*Trade, in the first half of this year, Barrons reported. The firm also stated it is considering stock tokenization to improve the efficiency of trading and settlement in private markets. CoinNess previously reported that Morgan Stanley plans to launch a digital wallet to support tokenized assets by the end of the year.

JPMorgan is aiming to build an interoperable, regulation-compliant digital currency system, CoinDesk reported. The bank stated its intention to launch its JPM Coin deposit token on its proprietary tokenization platform, Kinexys, in addition to public networks. It also plans to add support for more currencies. JPMorgan has previously launched JPM Coin on the Base and Canton networks.

An analysis suggests that downward pressure on Bitcoin is easing as BlackRock's accumulation coincides with reduced selling from long-term holders. Cointelegraph reported that over the past three days, BlackRock has acquired 9,619 BTC, worth approximately $878 million, bringing its total holdings to 780,400 BTC. In the same timeframe, Binance's Coin Days Destroyed (CDD) metric fell to its lowest level since 2017, signaling a sharp drop in exchange deposits of long-dormant BTC. Furthermore, on-chain data from the Spent Output Profit Ratio (SOPR) indicates that while new investors are selling at a loss, long-term holders remain profitable and have halted their activity. The Net Unrealized Profit/Loss (NUPL) is hovering around 0.3, a level that has historically preceded market recoveries. The analysis concludes that BTC is currently in a gradual trend reversal phase rather than a clear bull market.

According to CoinNess market monitoring, BTC has risen above $91,000. BTC is trading at $91,022.53 on the Binance USDT market.

China saw the establishment of 75,000 new blockchain startups last year, DL News reported. There are now approximately 290,000 blockchain companies operating in the country.

Latin American cryptocurrency exchange TruBit appears to have been hacked for 8,535 ETH, valued at $26.44 million, Lookonchain reported.

South Korea's Supreme Court has ruled that individually owned Bitcoin held in accounts on cryptocurrency exchanges like Upbit is subject to confiscation under the Criminal Procedure Act, according to a report by Money Today. The court determined that such assets qualify as electronic certificates with economic value. The ruling, issued on Dec. 11, came as the court dismissed an appeal from an individual, identified as A, who had challenged the seizure of their Bitcoin by an investigative agency. The Supreme Court found the confiscation to be lawful, upholding a lower court's decision.

Polygon Labs plans to launch the Open Money Stack, a modular framework for cross-border stablecoin payments, by the end of the year, CoinDesk reported. The framework is designed for compatibility with various blockchains and allows for customization, enabling financial institutions and fintech firms to integrate components such as on-chain payments, fiat access, and compliance tools.

Morgan Stanley plans to launch a digital wallet that supports tokenized assets by the end of the year, Solid Intel reported.

JPMorgan said the cryptocurrency sell-off may be nearing its end as fund outflows from exchange-traded funds (ETFs) slow, CoinDesk reported. The bank noted that outflows from Bitcoin and Ethereum ETFs appear to have bottomed out in January, attributing the recent market correction to positioning adjustments rather than broader market stress. JPMorgan added that other indicators, including positioning in perpetual and CME futures, also suggest a bottom was formed in January.

Bitmine has staked an additional 57,600 ETH, valued at $176 million, according to a report from Onchainlens. This brings the company's total staked amount to 965,792 ETH.

The Optimism Foundation announced that it plans to use 50% of its Superchain revenue for OP buybacks, starting in February. The Superchain is a Layer 2 chain based on the OP Stack. Over the past 12 months, Optimism earned 5,868 ETH in revenue, depositing the entire amount into the treasury managed by Optimism Governance.

Nasdaq-listed Japanese cryptocurrency exchange Coincheck Group has signed an agreement to acquire a 97% stake in Toronto-based digital asset investment manager 3iQ for $112 million, CryptoBriefing reported. The acquisition is expected to be completed in the second quarter.

Binance founder Changpeng Zhao has announced that the Chinese title of his upcoming memoir will likely be Binance Life (币安人生). He stated that an English title has not yet been decided and that the book is scheduled for publication in four to six weeks. Zhao stressed that the title is unrelated to any memecoin or listing plans, adding that he has never invested in such assets. He plans to donate all proceeds from the book's sales to charity. The announcement follows the recent spot listing of a memecoin also named 币安人生 on Binance.

The three major U.S. stock indices have opened lower. The S&P 500 is down 0.05%, the Nasdaq Composite has slipped 0.12%, and the Dow Jones Industrial Average has fallen 0.3%.

Investment bank B. Riley has stated that digital assets will reach a significant turning point in 2026, transitioning from speculative instruments to substantive financial infrastructure as regulations mature and traditional financial institutions increasingly adopt blockchain technology. According to CoinDesk, the bank explained that a combination of factors is changing not only how digital assets are traded but also how they are used. These factors include clearer stablecoin regulations, a rise in the tokenization of real-world assets, enhanced governance frameworks, and improved interoperability between bank ledgers and public blockchains. B. Riley added that due to these shifts, digital asset treasury companies (DATCOs) are moving beyond simply acquiring tokens to adopt operations-focused business models capable of generating sustainable revenue.

Bank of America (BofA) has upgraded its investment rating on Coinbase from Neutral to Buy, Walter Bloomberg reported. The bank also set a price target of $340 for the company. BofA stated that key drivers for the upgrade include Coinbase's entry into ETFs and prediction markets, along with the infrastructure growth of its proprietary Layer 2 network, Base. The bank added that Coinbase Tokenize, its real-world asset tokenization platform, will likely act as a medium- to long-term growth catalyst.

Whale Alert reported that 1,000,000,000 USDT has been transferred from Aave to HTX. The transaction is valued at about $999 million.

U.S. Secretary of the Treasury Scott Bessent said the Federal Reserve should further lower its benchmark interest rate.

Bitcoin's decline below $90,000 could lead to a move to fill a gap in the Chicago Mercantile Exchange (CME) futures market, according to market analysis. Paul Howard, a senior director at Wincent, stated that while early-month ETF inflows and Bitmain's ETH purchases drove an initial rally, the current drop below $90,000 makes a gap-fill scenario more likely, The Block reported. He described the current market as volatile and directionless, creating a favorable environment for short-term trading, and noted that January has historically been a relatively flat period for cryptocurrency prices. Vetle Lunde, head of research at K33, suggested that the ETF inflows seen earlier this month were likely the result of portfolio rebalancing rather than a recovery in market confidence. He explained that funds with fixed allocations to Bitcoin adjusted their positions after the asset underperformed stocks and other assets at the end of last year. Meanwhile, Kevin de Patoul, CEO of crypto liquidity provider Keyrock, views the recent price drop as part of a structural change rather than a trend reversal, asserting that Bitcoin's fundamentals are unchanged. He argued that rising global debt levels continue to highlight Bitcoin's value as a strategic asset, a trend that short-term volatility will not alter. De Patoul added that larger institutions are now integrating BTC into their portfolios with more capital and sophisticated risk management strategies.

The volume of cryptocurrency-related crime reached $154 billion last year, a 162% increase from 2024, The Block reported, citing data from Chainalysis. According to Chainalysis, the $154 billion figure is a highly conservative estimate that could be larger if more transactions are included. The analysis also found that stablecoins accounted for 84% of all illicit transactions. Chainalysis suggested that criminals are exploiting stablecoins due to their low volatility and the ease with which they can be transferred across borders.

Florida state lawmakers are reintroducing a proposal to hold cryptocurrency in state reserves, Cointelegraph reported. Republican Representative John Snyder has filed Bill 1039 for the 2026 legislative session, which would create a cryptocurrency reserve fund. The bill proposes allowing the state's Chief Financial Officer (CFO) to invest and manage cryptocurrencies under a risk management framework. It includes a provision that would permit up to 10% of state funds to be invested in Bitcoin, though it does not specify a minimum investment ratio. The decision on whether and when to invest would be left to the CFO's discretion. The legislation also calls for the establishment of an independent audit and an advisory committee.

21Shares plans to distribute ETH staking rewards to TETH holders on Jan. 9, Solid Intel reported.

Cross-chain bridge Owlto Finance has released the tokenomics for its native OWL token, revealing that 16.5% of the total supply will be in circulation at launch. The token's total supply will be allocated as follows: 22% to the community, 15.67% to investors, 15% to the team, 15% for airdrops, 10.33% to the ecosystem, 7.5% for liquidity provision, 7% for exchange airdrops, 5% to advisors, and 2.5% for marketing. Tokens allocated to the team, investors, and advisors will be subject to a 12-month lock-up period.

An arbitrage strategy that capitalizes on the price difference between spot crypto assets and perpetual futures is no longer an attractive means of generating profit, according to an annual report from BitMEX. The report noted that the strategy, which involves buying spot while simultaneously selling perpetual futures to earn the funding rate differential, was once popular as a risk-free way to secure returns while avoiding price volatility. However, BitMEX explained that as the entire market, beginning with projects like Ethena (ENA), adopted the same strategy, funding yields plummeted. A flood of billions of dollars in automated hedge orders saturated the market, causing the volume of short positions to overwhelm demand from long positions and collapsing the funding rate. The report pointed out that by the middle of last year, yields from this strategy had fallen below 4%—a level lower than U.S. Treasury yields and a stark contrast to the 25% returns seen in past bull markets. The firm concluded that as the industry universally adopted the strategy, the arbitrage opportunity effectively eliminated itself.