It&#8217;s been an eventful week in the world of tech and entertainment. Here&#8217;s a quick roundup of the top Apple stories that you might have missed.



<h2 class="wp-block-heading">Retail Investors Dump Apple Stock While Nvidia, Tesla See Massive Inflows</h2>



Apple Inc. <a class="ticker-link" data-ticker="AAPL" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/AAPL" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/AAPL">AAPL</a>)</a> has seen a significant decline in retail investor interest, with investors moving towards&nbsp;Nvidia Corp.&nbsp;<a class="ticker-link" data-ticker="NVDA" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/NVDA" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NVDA">NVDA</a>)</a> and&nbsp;Tesla Inc.&nbsp;<a class="ticker-link" data-ticker="TSLA" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TSLA">TSLA</a>)</a>. This shift in investor preference has led to a $15 billion net purchase of Nvidia stock since July 2025, outpacing all other Magnificent 7 companies combined.



Tesla followed with $6 billion in net retail purchases, marking a significant change in investor preferences among the tech giants.&nbsp;



Read the full article <a href="https://www.benzinga.com/markets/equities/26/01/50117320/retail-investors-dump-apple-stock-while-nvidia-tesla-see-massive-inflows">here</a>.



<h2 class="wp-block-heading">Netflix, Apple Get Best Picture Oscar Noms</h2>



Netflix Inc <a class="ticker-link" data-ticker="NFLX" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/NFLX" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFLX">NFLX</a>)</a> has received 16 nominations across the major categories for the 98th Academy Awards. The streaming giant, which led with 16 main category nominations last year, will be looking to make a strong comeback.



Apple Inc. has also secured a Best Picture nomination. However, the spotlight is on Warner Bros. Discovery, which has set a new record with its film &#8216;Sinners&#8217;.



Read the full article <a href="https://www.benzinga.com/news/entertainment/26/01/50076648/netflix-apple-land-best-picture-oscar-nominations-but-prediction-markets-give-them-little-chance-of-winning">here</a>.



<h2 class="wp-block-heading">Apple's AI Pin Vs China's AI Pendants</h2>



Apple Inc is reportedly developing an AI-powered wearable pin, setting the stage for a global tech showdown. The device, similar in size to an AirTag, is equipped with cameras, microphones, and a speaker, and could run Apple&#8217;s next-generation Siri.



This move comes as China accelerates its own AI wearable push, turning the competition into a platform war.



Read the full article <a href="https://www.benzinga.com/markets/tech/26/01/50073698/apples-ai-pin-vs-chinas-ai-pendants-the-wearable-arms-race-begins">here</a>.



<h2 class="wp-block-heading">Nvidia Dethrones Apple As Taiwan Semiconductor's Largest Customer</h2>



The surge in artificial intelligence demand has led to Nvidia Corp overtaking Apple Inc. as the largest customer of Taiwan Semiconductor Manufacturing Co. Ltd <a class="ticker-link" data-ticker="TSM" data-exchange="NYSE" href="https://www.benzinga.com/quote/TSM" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/TSM">TSM</a>)</a>.



This shift in the global semiconductor supply chain was publicly confirmed by Nvidia&#8217;s CEO, Jensen Huang, during a recent podcast.



Read the full article <a href="https://www.benzinga.com/markets/tech/26/01/50066089/nvidia-dethrones-apple-as-taiwan-semiconductors-largest-customer">here</a>.



<h2 class="wp-block-heading">Apple, Google Tokens On NYSE?</h2>



The New York Stock Exchange, a subsidiary of Intercontinental Exchange, Inc. <a class="ticker-link" data-ticker="ICE" data-exchange="NYSE" href="https://www.benzinga.com/quote/ICE" target="_blank" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ICE">ICE</a>)</a>, has announced plans to develop a platform for the trade and on-chain settlement of tokenized securities.



The proposed platform will offer 24/7 operations of U.S.-listed stocks and exchange-traded funds, instant settlement, fractional share trading, and stablecoin-based funding.



Read the full article <a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/49993368/apple-google-tokens-on-nyse-exchange-says-its-planning-a-platform-for-tokenized-securities-move-labeled-bullish-for-crypto-by-this-billionaire">here</a>.



Photo courtesy: Thanon Charoenkitviwat on Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Apple's Stock Dumped By Retail Investors, Oscar Nominations, Nvidia's AI Race And More: This Week In Appleverse

An offer made 16 years ago to sell 500 Bitcoin <a class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BTC-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> for just $1 is trending online.



The world&#8217;s largest cryptocurrency exchange,&nbsp;Binance, celebrated Bitcoin&#8217;s valuation surge by sharing&nbsp;a 2010 Bitcointalk post on X. In&nbsp;the post,&nbsp;a user offered&nbsp;a digital image for 500&nbsp;BTC, which was equivalent to $1 at the time, signifying the early, experimental stages of the cryptocurrency.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">On January 24, 2010, a Bitcointalk user named Sabunir tried to sell a picture for 500 Bitcoin, about $1 in value at the time. <a href="https://t.co/FubFAssJ4k">pic.twitter.com/FubFAssJ4k</a>&mdash; Binance (@binance) <a href="https://twitter.com/binance/status/2014941416980390064?ref_src=twsrc%5Etfw">January 24, 2026</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Fast forward 16 years, the same 500 BTC is now valued at approximately $44.8 million, marking a growth of over four billion percent. 



This highlights the potential of cryptocurrencies to significantly appreciate in value and emphasizes&nbsp;the importance of patience in&nbsp;the crypto sector.



Early adopters of Bitcoin did not foresee such exponential growth and often viewed it as a minor transaction. The impressive growth trajectory of Bitcoin since the release of Satoshi Nakamoto&#8217;s white paper has been remarkable, leading many to believe in the potential for any struggling asset to appreciate today.



At the time of writing, Bitcoin was trading at $89,484.88, with fluctuations&nbsp;between a low of $88,486.36&nbsp;and a daily high of&nbsp;$91,100.25 in the last 24&nbsp;hours. 



Why It Matters: The resurgence of this historic offer serves as a stark reminder of the potential of digital currencies. It underscores the fact that early adopters who held onto their assets have seen substantial returns. 



This story is a testament to the unpredictable and often rewarding nature of the crypto market. It also serves as a lesson to current and future crypto investors about the importance of patience and long-term investment strategies in this volatile yet potentially lucrative market.



Image: Shutterstock/Ryvius

On This Date 16 Years Ago, Seller Offered 500 Bitcoin for $1 — Worth $45 Million Today

Uber Technologies Inc. <a href="https://www.benzinga.com/quote/UBER" target="_blank" rel="noreferrer noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/UBER">UBER</a></a>) CEO Dara Khosrowshahi once stressed the importance of embracing cryptocurrencies for practical purposes rather than as a &#8220;store of value.&#8221;



<h2 class="wp-block-heading">Stablecoins Over Bitcoin?</h2>



At the Bloomberg Tech Summit in San Francisco on June 6, 2025, Khosrowshahi called Bitcoin <a class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BTC-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> a &#8220;proven commodity&#8221; but said he finds crypto&#8217;s &#8220;instantiation&#8221; offers more practical benefits.



&#8220;I do think that stablecoin is quite promising, especially for global companies that are moving money around globally, to create a mechanism for us to essentially reduce costs,&#8221; he said.



At the time, Khosrowshahi said that the company was in the &#8220;study phase&#8221; for enabling cross-border stablecoin payments, calling it a &#8220;super interesting&#8221; proposition.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Uber CEO Mulls Using Stablecoins to Reduce Currency Costs: Full Panel" width="500" height="281" src="https://www.youtube.com/embed/EpRjuJqoA-0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



<h2 class="wp-block-heading">The Countdown: When Will Uber Go Crypto?</h2>



This was not the first time Khosrowshahi has voiced such considerations.



Speaking to CNBC in 2021, he said the company is &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/21/02/19621127/uber-will-consider-crypto-as-payment-ceo-says-its-good-for-business">going to look into</a>&#8221; Bitcoin and other cryptocurrencies for transactions. A year later, in 2022, he said that Uber is &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/22/02/25575757/uber-to-absolutely-accept-cryptocurrency-in-the-future-ceo-says">absolutely&#8221; going to accept cryptocurrency</a> for payments at some point in the future.



Meanwhile, seven months have passed since his latest remark, but the mobility giant has yet to implement cryptocurrencies as a payment option.



Uber didn&#8217;t immediately return Benzinga&#8217;s request for comment.



<h2 class="wp-block-heading">Are Stablecoins The Future Of Transactions?</h2>



Interestingly, Uber was <a href="https://www.benzinga.com/markets/cryptocurrency/21/04/20513005/why-novogratz-is-bullish-on-facebook-as-a-crypto-play">among the early participants</a> in the Diem Association, formerly Libra, joining in 2019 to support Meta Platforms&#8216; <a class="ticker-link" data-ticker="META" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/META" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/META">META</a>)</a> now-defunct stablecoin initiative for global payments.



A 2025 report by Grayscale found stablecoins, including USDC&nbsp;(CRYPTO:&nbsp;<a href="https://www.benzinga.com/quote/" target="_blank" rel="noreferrer noopener">USDC</a>), were <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46321038/buckle-up-visa-stablecoins-process-800-billion-in-transactions-per-month-report-finds">facilitating nearly $800 billion in digital transactions each month</a>, positioning themselves as credible challengers to traditional payment networks like&nbsp;Visa&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/V">V</a>).



Price Action: At the time of writing, BTC was exchanging hands at $89,963.99, up 0.71% in the last 24 hours, according to <a href="https://www.benzinga.com/quote/BTC-USD">data from Benzinga Pro</a>.



Shares of Uber rose 0.22% in after-hours trading after closing 0.65% higher at $84.26&nbsp;during Wednesday&#8217;s regular trading session. Year-to-date, the stock has gained over 3%.



The stock maintains a weaker price trend over the short, medium, and long terms, with Growth as its strongest category, according to Benzinga&#8217;s Edge Stock Rankings.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/UBER"><img loading="lazy" decoding="async" width="991" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/21115230/image-376.png" alt="" class="wp-image-1268936" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/21115230/image-376.png 991w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/21115230/image-376-300x61.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/21115230/image-376-768x155.png 768w" sizes="(max-width: 991px) 100vw, 991px" /></a></figure>



Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com

Uber CEO Once Called Bitcoin A 'Proven Commodity,' But Found These Cryptos More 'Practical' For This Reason

This week was buzzing with significant developments in the cryptocurrency world. From UBS Group AG&#8217;s plans to offer Bitcoin and Ethereum trading to wealthy clients, to the launch of Dogecoin&#8217;s first SEC-approved ETF, the crypto market continues to evolve and expand. Here&#8217;s a quick roundup of the top stories.



<h2 class="wp-block-heading">UBS Plans Crypto Trading For Wealthy Clients</h2>



UBS Group AG, the world&#8217;s largest wealth manager, is reportedly preparing to offer Bitcoin and Ethereum trading to select private banking clients in Switzerland. The bank is currently selecting partners for the crypto offering after months of discussions. The initial rollout will be limited to select private banking clients in Switzerland who want to buy and sell Bitcoin and Ethereum.



<a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50096212/ubs-reportedly-planing-bitcoin-ethereum-trading-for-wealthy-clients">Read the full article here.</a>



<h2 class="wp-block-heading">Novogratz Predicts Compromise On Stablecoin Rewards</h2>



Galaxy Digital Inc. CEO Mike Novogratz has predicted that the cryptocurrency industry will have to compromise on the controversial stablecoin rewards clause in the market structure bill. In a discussion with SkyBridge Capital founder Anthony Scaramucci, Novogratz said the industry is "going to lose that battle" against a "very strong" banking lobby.



<a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50059904/mike-novogratz-tells-anthony-scaramucci-crypto-industry-will-lose-stablecoin-rewards-battle-to-banking-lobby-therell-be-a-compromise">Read the full article here.</a>



<h2 class="wp-block-heading">Dogecoin&#8217;s First SEC-Approved ETF Goes Live</h2>



Dogecoin has taken another step into the financial mainstream with the launch of a spot ETF backed by the Dogecoin Foundation. The 21Shares Dogecoin ETF began trading on Thursday, offering investors exposure to the meme-born cryptocurrency through traditional brokerage accounts.



<a href="https://www.benzinga.com/etfs/new-etfs/26/01/50078137/from-meme-to-markets-dogecoins-first-sec-approved-etf-goes-live">Read the full article here.</a>



<h2 class="wp-block-heading">Winklevoss Twins Donate $1.4 Million To Zcash Network</h2>



Winklevoss twins, the co-founders of Gemini Space Station, Inc., donated over $1 million to support the privacy-focused Zcash cryptocurrency. The donation, worth $1.4 million, was made to Shielded Labs, an independent organization that supports the development of the Zcash network.



<a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50027404/winklevoss-twins-donate-1-4-million-to-support-zcash-network-privacy-is-the-next-frontier-in-crypto">Read the full article here.</a>



<h2 class="wp-block-heading">Trump Jr. Gathers &#8216;Smartest People&#8217; For World Liberty Forum</h2>



Donald Trump Jr. announced the launch of the World Liberty Forum, an exclusive technology and finance gathering set for Feb. 18 at Mar-a-Lago, aimed at bringing together top influencers driving American innovation.



<a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50026220/trump-jr-says-hes-bringing-together-the-smartest-people-for-a-world-liberty-financial-event">Read the full article here.</a>



Photo Courtesy: alfernec on Shutterstock.com



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

UBS Eyes Crypto Trading, Dogecoin ETF Goes Live And More: Weekend Crypto Roundup

Eric Trump said USD1, the stablecoin&nbsp;issued by World Liberty Financial, has grown larger than PayPal Holdings Inc. <a class="ticker-link" data-ticker="PYPL" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/PYPL" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PYPL">PYPL</a>)</a>&#8216;s PYUSD stablecoin. He described the development as a &#8220;major milestone&#8221; in an X post.



He stated, &#8220;The shift is happening.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">A major milestone for USD1. We are now larger than PayPal's digital dollar (PYUSD) and growing into one of the most significant digital dollar platforms in the world. This isn't just about crypto. It's about building the future of global money. The shift is happening.… <a href="https://t.co/j26JlP5kKU">pic.twitter.com/j26JlP5kKU</a>&mdash; Eric Trump (@EricTrump) <a href="https://twitter.com/EricTrump/status/2014726873146691877?ref_src=twsrc%5Etfw">January 23, 2026</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



On Friday, Binance, the world&#8217;s largest cryptocurrency exchange, announced a $40 million WLFI token airdrop for USD1 holders, running from Friday to Feb. 20. Weekly distributions will reward users holding USD1 in Spot, Funding, Margin, or Futures accounts, with a 1.2× bonus for collateralized holdings.



<h2 class="wp-block-heading">Trump Family Holdings in World Liberty</h2>



World Liberty Financial, a Wilmington-based decentralized finance (DeFi) platform, is heavily backed by the Trump family. A Trump business entity owns 60% of World Liberty and is entitled to 75% of all revenue from coin sales.



The company, which was co-founded by Eric, <a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/49773888/eric-trump-posts-bald-eagle-emoji-after-world-liberty-financial-applies-for-national-trust-bank-charter">applied</a> for a national trust bank charter earlier this month.



<h2 class="wp-block-heading">Criticism of Traditional Banking System</h2>



President Donald Trump&#8216;s son is also the co-founder of American Bitcoin Corp. <a class="ticker-link" data-ticker="ABTC" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/ABTC" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ABTC">ABTC</a>)</a> and has recently criticized banks, stating that &#8220;big banks&#8221; are doing &#8220;<a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50088367/eric-trump-says-big-banks-doing-everything-they-can-to-stop-crypto-legislation-for-obvious-reasons-the-entire-financial-system-is-changing">everything they can to stop</a>&#8221; crypto legislation, adding that the financial system is changing.



<h2 class="wp-block-heading">Senators Call for Probe Over Alleged Foreign Ties</h2>



In November, Senators Elizabeth Warren (D-Mass.) and Jack Reed (D-R.I.) called for a probe into World Liberty Financial, alleging it sold tokens to businesses linked to North Korea and Russia, creating national security risks. Eric Trump dismissed the claims, calling them &#8216;<a href="https://youtu.be/UuYH22XVYL8?si=_lNM68AUnyI4O2Q1">absolutely laughable</a>&#8216; and saying the company knows every token buyer.



Friday close data:



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Metric</th><th>USD1</th><th>PYUSD</th></tr></thead><tbody><tr><td>Closing Price</td><td>$0.9999</td><td>$0.9994</td></tr><tr><td>24h Trading Volume</td><td>$6.23 billion</td><td>$188.38 million</td></tr><tr><td>Market Cap</td><td>$4.4 billion</td><td>$3.75 billion</td></tr></tbody></table></figure>



Photo courtesy: Maxim Elramsisy / Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Eric Trump Says Trump Family-Linked World Liberty Financial's Stablecoin USD1 Has Eclipsed PayPal's Digital Dollar: 'The Shift Is Happening'

Bitcoin <a class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BTC-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> continues to trade around $90,000 as cryptocurrencies remain at key levels.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$89,740</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,948</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$127.76</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$1.93</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1245</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.058021</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>Coinglass data shows 102,360 traders were liquidated in the past 24 hours for $303.35 million.       </li>



<li>In the past 24 hours, top gainers include LayerZero, Axie Infinity and DoubleZero.</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50096078/crypto-market-structure-bill-eyes-crucial-tuesday-debate">Crypto Market Structure Bill Eyes Crucial Tuesday Debate</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50096212/ubs-reportedly-planing-bitcoin-ethereum-trading-for-wealthy-clients">UBS Reportedly Planing Bitcoin, Ethereum Trading For Wealthy Clients</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50105828/grayscale-seeks-bnb-spot-etf-approval-can-it-trigger-a-breakout">Grayscale Seeks BNB Spot ETF Approval—Can It Trigger A Breakout?</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50102449/ledger-plans-4-billion-ipo-after-bitgo-debut-kraken-and-consensys-next-in-line">Ledger Plans $4 Billion IPO After BitGo Debut—Kraken And ConsenSys Next In Line</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/26/01/50094023/sec-cftc-announce-rare-joint-event-next-tuesday-to-advance-trumps-crypto-capital-agenda">SEC, CFTC Announce Rare Joint Event Next Tuesday To Advance Trump&#8217;s &#8216;Crypto Capital&#8217; Agenda</a></li>
</ul>



Trader Notes: Analyst Kevin <a href="https://x.com/kev_capital_ta/status/2014758584870191113?s=46">said</a> Bitcoin continues to struggle with key technical hurdles, including the rising channel, the golden pocket, and major four-hour moving averages. 



He noted that a sustained move above $91,800 is needed to restore short-term bullish momentum, while higher timeframes still show heavy resistance between $95,700 and $106,800.



CryptosBatman <a href="https://x.com/cryptosbatman/status/2014678375437390238?s=46">pointed</a> to sustained ETF net outflows as a major factor behind Bitcoin's recent weakness. 



Over the past three months, major spot ETFs have sold approximately $6.1 billion worth of BTC, adding notable sell pressure.



However, with ETFs still holding around $117 billion in total assets under management, he described the move as de-risking rather than a structural exit.



Altcoin Sherpa <a href="https://x.com/AltcoinSherpa/status/2014772412982689896">said</a> the current consolidation differs from August 2024 and March 2025 in that the 100-day and 200-day exponential moving averages remain elevated. 



This suggests the market may need more time to reset, potentially resembling the 2025 pattern of extended consolidation, base formation, and a possible spring rally once structure fully resets.



Image: Shutterstock

Bitcoin Sticks To $90,000 As Ethereum, XRP, Dogecoin Hug Key Levels

Interactive Brokers Group Inc. <a class="ticker-link" data-ticker="IBKR" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/IBKR" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/IBKR">IBKR</a>)</a> and Robinhood Markets Inc. <a class="ticker-link" data-ticker="HOOD" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/HOOD" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HOOD">HOOD</a>)</a> are making opposite bets on the $63 billion prediction market boom—one on utilities and the other on sports.



<h3 class="wp-block-heading">Peterffy: &#8220;We Don&#8217;t Rely On Sports&#8221;</h3>



During Monday&#8217;s Q4 earnings call, Peterffy made clear that IBKR isn&#8217;t chasing sports betting. The company is <a href="https://investors.interactivebrokers.com/en/general/about/quarterly-earnings.php">targeting</a> temperature contracts that utilities can use to hedge electricity demand.



&#8220;Interactive Brokers does not rely on sports,&#8221; Peterffy said, adding that institutional clients like utilities will start onboarding &#8220;sometime in the course of the year.&#8221;



IBKR&#8217;s ForecastEx exchange traded 286 million contract pairs in Q4—up from just 15 million in Q3. The platform now lists over 10,000 instruments.



That approach sidesteps the regulatory chaos hitting sports-focused platforms entirely.



<h3 class="wp-block-heading">The Regulatory Problem: Massachusetts Just Ruled Against Sports</h3>



A Massachusetts court ruled earlier this month that Kalshi&#8217;s sports contracts are illegal gambling, not regulated derivatives.&nbsp;



Kalshi is the CFTC-regulated exchange that powers prediction markets for both Robinhood and Webull Corp. <a href="https://www.benzinga.com/quote/BULL" target="_blank" class="ticker-link" data-ticker="BULL" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BULL">BULL</a>)</a>.



The ruling forced Kalshi to block Massachusetts residents from trading sports contracts.



Tennessee, Connecticut, and New York have issued similar orders, arguing platforms need gaming licenses to offer sports betting—even if the CFTC approved the products.



That creates a problem: if more states follow Massachusetts, platforms built around sports contracts lose access to huge markets. Robinhood bet heavily on sports, which means it&#8217;s directly exposed to this regulatory risk.



<h3 class="wp-block-heading">Robinhood Doubles Down On Sports</h3>



Robinhood&#8217;s strategy is the opposite. The company launched prediction markets in March 2025 and has already processed over 11 billion contracts, generating approximately $100 million in annualized revenue.



During the Q3 earnings call in November, CEO Vlad Tenev said volume hit 2.3 billion contracts in Q3, with October alone reaching 2.5 billion contracts—bigger than the entire quarter. 



Much of that volume comes from NFL games, NBA matchups, and college football.



Tenev called prediction markets potentially &#8220;one of the largest asset classes&#8221; and said the company stands at &#8220;the very beginning of a prediction market supercycle.&#8221;



The problem is Robinhood relies on Kalshi to power its prediction markets.&nbsp;



That means Robinhood faces the same state-level regulatory challenges that just hit Kalshi in Massachusetts—the exact risk IBKR is avoiding by skipping sports entirely.



<h3 class="wp-block-heading">SoFi Sits On The Sidelines</h3>



SoFi Technologies Inc. <a href="https://www.benzinga.com/quote/SOFI" target="_blank" class="ticker-link" data-ticker="SOFI" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SOFI">SOFI</a>)</a> reports Q4 results January 30 and hasn&#8217;t entered prediction markets.&nbsp;



The company&#8217;s bank charter imposes regulatory constraints that pure brokerages don&#8217;t face.



With competitors generating $100+ million in annualized prediction markets revenue, analysts will likely ask CEO Anthony Noto whether the absence is a strategy or missed opportunity.



<h3 class="wp-block-heading">What Happens Next: Earnings Will Tell The Story</h3>



Three key earnings reports will show which strategy is working:



<ul class="wp-block-list">
<li>SoFi (SOFI) reports January 30—traders will watch whether Noto addresses the decision to skip prediction markets while competitors rake in revenue.</li>



<li>Robinhood (HOOD) reports February 10—Q4 volume will reveal if the Massachusetts ruling is scaring users away or if growth is continuing despite regulatory pressure.</li>



<li>Webull (BULL) reports around February 23—the company faces similar sports contract exposure as Robinhood.</li>
</ul>



Prediction markets hit $63.5 billion in volume last year—up 302% from 2024. The category is real. The question is whether sports-focused platforms can survive state regulators, or if IBKR&#8217;s utility-focused approach is the only path forward.



Image: Shutterstock

HOOD Bets Sports, IBKR Bets Utilities—How Fintechs Are Fighting Over Prediction Markets

Precious metals continued to dominate Wall Street headlines on Friday as silver surged through the $100-per-ounce threshold and traded around $101 per ounce by midday in New York, marking a staggering 230% gain <a href="https://www.benzinga.com/markets/commodities/26/01/50100930/silver-price-hits-100">over the past year.</a>



Gold flirted with the equally eye-catching $5,000-per-ounce level, a price that stood nearly 80 percentage points lower <a href="https://www.benzinga.com/markets/commodities/26/01/50067359/goldman-sachs-gold-price-forecasts-private-sector-demand-central-bank">just a year earlier.</a>



The rally extended beyond gold and silver. Across the broader commodities complex, momentum remained strong. 



Palladium jumped 6%, breaking above $2,000 per ounce for the first time since November 2022, while platinum surged 5% to fresh all-time highs above $2,700 per ounce. Copper climbed 3% to $6 per pound.



Energy prices also pushed higher. Henry Hub natural gas rose another 2% to $5.15 per million British thermal units, lifting week-to-date gains to more than 60% and marking the strongest weekly surge on record amid the extreme cold wave hitting America. Crude prices advanced as well, with WTI rising more than 2% to near $61 a barrel.



On Wall Street, stocks paused after two days of robust gains. By 1:00 p.m. in New York, the S&amp;P 500 traded broadly flat, while the Nasdaq 100 rose 0.5%. Small caps lagged, with the Russell 2000 falling 0.6%.



The energy sector led the market for a second straight session, reaching levels last seen in 2014, while financials underperformed.



In earnings, Intel Corp. <a href="https://www.benzinga.com/quote/INTC" target="_blank" class="ticker-link" data-ticker="INTC" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/INTC">INTC</a>)</a> emerged as the day's biggest mover, plunging more than 17% in its worst session since August 2024 after the chipmaker issued weak first-quarter 2026 guidance.



In crypto markets, Bitcoin <a class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BTC-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> rose 1.9% to $90,600.



<h2 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h2>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Major Indices</td><td>Price</td><td>1-day % </td></tr><tr><td>• Nasdaq 100</td><td>25,646.73</td><td>0.5%</td></tr><tr><td>• S&amp;P 500</td><td>6,916.19</td><td>0.0%</td></tr><tr><td>• Dow Jones</td><td>49,041.20</td><td>-0.7%</td></tr><tr><td>• Russell 2000</td><td>2,672.70</td><td>-1.7%</td></tr></tbody></table></figure>



According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012326&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 



<ul class="wp-block-list">
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/IWM">IWM</a>) fell 1.71% to $265.18. </li>



<li>The SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/DIA">DIA</a>) declined 0.7% to $490.09.</li>



<li>The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/QQQ">QQQ</a>) rose 0.4% to $623.12.</li>



<li>The Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VOO">VOO</a>) traded flat at $633.53.</li>



<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/XLE">XLE</a>) outperformed, up 1%; the&nbsp;Financials&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/XLF">XLF</a>) lagged, down 1.6%.</li>
</ul>



<h2 class="wp-block-heading">Russell 1000&#8217;s Top Gainers On Friday</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock</th><th>% Change</th></tr></thead><tbody><tr><td>Corcept Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CORT">CORT</a>)</td><td>+6.71%</td></tr><tr><td>Booz Allen Hamilton Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BAH">BAH</a>)</td><td>+6.40%</td></tr><tr><td>Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ALK">ALK</a>)</td><td>+6.20%</td></tr><tr><td>Rocket Lab Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RKLB">RKLB</a>)</td><td>+6.02%</td></tr><tr><td>Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FTNT">FTNT</a>)</td><td>+5.44%</td></tr></tbody></table></figure>



<h2 class="wp-block-heading">Russell 1000&#8217;s Top Losers On Friday</h2>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><thead><tr><th>Stock</th><th>% Change</th></tr></thead><tbody><tr><td>Intel Corp. </td><td>-16.91%</td></tr><tr><td>First Citizens BancShares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FCNCA">FCNCA</a>)</td><td>-8.88%</td></tr><tr><td>Capital One Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/COF">COF</a>)</td><td>-6.99%</td></tr><tr><td>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MRNA">MRNA</a>)</td><td>-6.58%</td></tr><tr><td>Sandisk Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SNDK">SNDK</a>)</td><td>-6.14%</td></tr></tbody></table></figure>



Photo: Shutterstock

Silver Breaks $101, Intel Stock Plunges 17%: What's Moving Markets Friday?

<h3 class="wp-block-heading">Threads momentum, robots mature, crypto consolidates</h3>



META <a href="https://www.benzinga.com/quote/META" target="_blank" class="ticker-link" data-ticker="META" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/META">META</a>)</a> jumped roughly 5% as management highlighted early progress monetizing Threads. The market reaction was less about near-term revenue and more about optionality. Threads is being positioned as another scalable ad surface layered onto Meta's existing data and targeting engine. Importantly, this follows a familiar playbook: build engagement first, then monetize efficiently.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Here is Why META is Up 5% &#x7C; The Solid Report" width="500" height="281" src="https://www.youtube.com/embed/sI9Bn0T5nRI?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div><figcaption class="wp-element-caption">What stood out is that this is incremental growth, not a cost-heavy pivot. Meta does not need Threads to be a standalone business; it just needs it to extend time spent and advertiser reach. That framing is why the stock reacted positively.</figcaption></figure>



<h3 class="wp-block-heading">Elon Musk on Robots and the Long Game</h3>



<a class="ticker-link" data-ticker="TSLA" data-exchange="NYSE" href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TSLA">TSLA</a>)</a> CEO Elon Musk reiterated that robotics remains a long-term strategic priority rather than an immediate revenue driver. The focus was on autonomy, learning systems, and real-world deployment, not aggressive timelines or commercialization promises. This tempers expectations while keeping the vision intact.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> CEO Elon Musk says they will start selling humanoid robots THIS YEAR. We are adding a new fleet of devices that will require A LOT of compute to function on a local and remote scale. Think about it. More GPUs <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NVDA</a> <a href="https://twitter.com/search?q=%24AMD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AMD</a> More memory <a href="https://twitter.com/search?q=%24MU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MU</a> <a href="https://twitter.com/search?q=%24SNDK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SNDK</a> More fabrication and… <a href="https://t.co/uBZKpq6lLF">pic.twitter.com/uBZKpq6lLF</a>&mdash; Sam Badawi (@samsolid57) <a href="https://twitter.com/samsolid57/status/2014380667665318038?ref_src=twsrc%5Etfw">January 22, 2026</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



The key takeaway is that robots are an efficiency and productivity story before they are a product story. As with autonomy, progress will be uneven, but the advantage accrues to platforms that can integrate hardware, software, and data at scale.



<h3 class="wp-block-heading">Bitcoin Remains in a Downtrend</h3>



Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> continues to trade in a clear downtrend despite intermittent relief rallies. The discussion emphasized structure over sentiment, lower highs and weak follow-through still define price action. Risk appetite has not returned in a sustained way.



<figure class="wp-block-image"><img decoding="async" src="https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,quality=80,format=auto,onerror=redirect/uploads/asset/file/6109c00f-a50e-4d62-b500-01390ab72e3b/image.png" alt=""/></figure>



This does not invalidate the long-term thesis for crypto, but it does reinforce the need for patience. Until liquidity improves or macro pressure eases, Bitcoin is behaving like a risk asset still searching for a durable bottom.



Thanks for reading! For more updates throughout the week, follow <a href="https://x.com/WOLF_Financial?utm_campaign=meta-finds-its-next-monetization-lever&amp;utm_medium=referral&amp;utm_source=marketmadness-newsletter.beehiiv.com" target="_blank" rel="noreferrer noopener">@WOLF_Financial</a>



Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Meta Finds Its Next Monetization Lever

Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> spot exchange traded funds were approved with the promise of unlocking institutional capital and reshaping crypto market structure. Since launch, flows into and out of these products have become one of the most closely watched data points in digital asset markets. Yet price action has not always moved in lockstep with ETF demand, leaving traders divided over what these flows actually signal.



The divergence between Bitcoin ETF flows and spot price behavior is not noise. It reflects how institutions deploy capital, manage risk, and express conviction in an asset that still behaves very differently from traditional equities or bonds.



Understanding this dynamic matters for traders who want to position ahead of larger moves rather than react to headlines.



<h2 class="wp-block-heading">Why Bitcoin ETF Flows Matter More Than Headlines</h2>



ETF flows represent one of the cleanest windows into institutional behavior. Unlike on-chain wallet activity, which can be obscured by intermediaries, ETF inflows and outflows are reported daily and reflect deliberate allocation decisions by asset managers, hedge funds, and financial advisors.



When capital moves into a spot Bitcoin ETF, the issuer must acquire Bitcoin to back new shares. That creates direct demand in the underlying market. Outflows, on the other hand, often force selling or at least reduce marginal buying pressure.



However, flows alone do not dictate short term price direction. They reflect intent, not urgency. Institutions often accumulate during periods of consolidation and reduce exposure into strength, which can cause price and flow data to diverge for extended periods.



<h2 class="wp-block-heading">Why Price Does Not Always Follow Inflows</h2>



One of the most common misconceptions among retail traders is that sustained ETF inflows should automatically push Bitcoin higher. In reality, several factors can mute or delay the price impact.



First, Bitcoin trades globally, twenty four hours a day. ETF demand is only one slice of total market activity. Offshore derivatives, perpetual futures, and spot exchanges still account for significant volume. If leverage is being reduced or large holders are distributing coins, ETF inflows may simply absorb supply rather than drive price expansion.



Second, institutions often scale in gradually. A pension fund or registered investment advisor allocating to Bitcoin for the first time is unlikely to deploy capital aggressively in a single session. Flows may be steady but small relative to overall market liquidity, especially during high volume periods.



Third, macro conditions matter. Rising real yields, equity volatility, or shifts in dollar liquidity can cap upside even when crypto specific demand remains strong. In those environments, Bitcoin ETFs can see inflows while price churns sideways.



<h2 class="wp-block-heading">What Persistent Inflows Actually Signal</h2>



Sustained inflows over multiple weeks tend to signal strategic allocation rather than tactical trading. This is particularly important for longer term investors.



Persistent inflows suggest institutions view Bitcoin less as a short term trade and more as a portfolio component. That mindset change reduces downside risk over time because capital is less likely to exit abruptly on modest drawdowns.



It also changes who owns the marginal coin. When Bitcoin moves from speculative traders into asset managers with longer time horizons, supply dynamics tighten. Coins held in custodial ETF structures are typically not rehypothecated or actively traded, which can reduce circulating supply during demand surges.



For traders, this environment favors pullback buying rather than chasing breakouts. Periods of consolidation accompanied by continued ETF inflows often precede stronger directional moves once macro or liquidity conditions improve.



<h2 class="wp-block-heading">What Outflows Should and Should Not Be Feared</h2>



ETF outflows tend to generate more anxiety than inflows generate optimism. This is partly psychological and partly structural.



Short term outflows do not automatically imply institutional abandonment. They can reflect rebalancing, tax considerations, or hedging activity rather than outright bearish positioning. In some cases, outflows coincide with price strength as investors take profits into rallies.



More concerning signals emerge when outflows persist alongside weakening price structure and declining derivatives open interest. That combination suggests conviction is fading and capital is rotating elsewhere.



The key is duration and context. One or two days of outflows are noise. Multiple weeks of consistent redemptions during a broader risk off environment deserve attention.



<h2 class="wp-block-heading">ETF Flows Versus Derivatives Positioning</h2>



One of the most effective ways to interpret ETF data is to pair it with derivatives metrics.



When ETF inflows rise while futures funding rates remain neutral or slightly negative, it often indicates spot driven accumulation rather than leveraged speculation. That is typically a healthier setup for sustainable upside.



Conversely, when inflows coincide with aggressive long positioning and elevated funding rates, upside can become crowded. In those cases, price may stall even as ETF demand remains strong.



Institutions often use futures and options to hedge ETF exposure, which can distort simple price flow relationships. Traders who ignore derivatives positioning risk misreading the signal.



<h2 class="wp-block-heading">What This Means for Traders Right Now</h2>



The most actionable takeaway is that ETF flows are a medium term signal, not a day trading tool.



Strong inflows during price consolidation suggest accumulation zones rather than immediate breakout opportunities. Weak or negative flows during parabolic price action often signal distribution rather than trend continuation.



For swing traders, aligning with the direction of sustained flows while timing entries around technical support and resistance tends to offer better risk reward than reacting to daily flow prints.



For longer term investors, persistent inflows reinforce the thesis that Bitcoin is becoming institutionalized, even if price action remains choppy in the short term.



<h2 class="wp-block-heading">The Bigger Picture for Bitcoin Market Structure</h2>



Bitcoin ETFs have not eliminated volatility. What they have done is change who participates and how capital enters the market.



Institutional conviction expresses itself slowly, methodically, and often invisibly. ETF flows are one of the few data points that make that behavior observable.



Traders who learn to interpret flows in context rather than isolation gain an edge. They stop asking why price is not moving and start asking who is accumulating, who is hedging, and who is exiting.



In a market increasingly shaped by professional capital, those questions matter more than any single headline.



Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Bitcoin ETF Flows Vs. Price Action Divergence: How Traders Can Capitalize

Grayscale has filed for a spot Binance Coin <a class="ticker-link" data-ticker="BNB" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BNB-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)</a> ETF on Thursday as BNB is trapped in a three-month symmetrical triangle after crashing 36% from December&#8217;s $1,363 peak.



<h3 class="wp-block-heading">Grayscale&#8217;s BNB ETF Details</h3>



The fund will trade on Nasdaq under <a href="https://www.sec.gov/Archives/edgar/data/2106762/000119312526020367/gbnb-20260123.htm">ticker</a> GBNB and will hold actual BNB tokens to track the price of Binance Coin.



Coinbase Global Inc. <a href="https://www.benzinga.com/quote/COIN" target="_blank" class="ticker-link" data-ticker="COIN" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/COIN">COIN</a>)</a> will handle trading and custody for the ETF, similar to how it operates for Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> and Ethereum <a href="https://www.benzinga.com/quote/ETH-USD" target="_blank" class="ticker-link" data-ticker="ETH" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</a> spot ETFs already on the market.



Grayscale plans to let large investors create and redeem shares directly using BNB tokens rather than cash.&nbsp;



The fund will also offer staking, allowing investors to earn yield on their BNB holdings—a feature not available in most existing crypto ETFs.



The filing doesn&#8217;t disclose management fees or seed capital yet. Grayscale registered the trust in Delaware two weeks ago, signaling it was preparing to file.



<h3 class="wp-block-heading">The Competition: VanEck And REX Already Filed</h3>



Grayscale joins VanEck, which filed for a BNB ETF in the first half of 2025 and has already submitted amendments to its fund.&nbsp;



VanEck could launch before Grayscale&#8217;s product given its head start.



REX Osprey has also filed for a Binance Coin ETF under the &#8217;40 Act, expanding the field of potential BNB spot ETF issuers competing for SEC approval.



The race mirrors the Bitcoin and Ethereum ETF launches, where multiple issuers competed for first-to-market advantage.&nbsp;



First movers typically capture the largest inflows, making timing critical for asset managers.



<h3 class="wp-block-heading">BNB Technical Setup: Triangle Apex Breakout Imminent</h3>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="700" src="https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/23121443/image-459-1024x700.png" alt="" class="wp-image-1273395" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/23121443/image-459-1024x700.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/23121443/image-459-300x205.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/23121443/image-459-768x525.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/23121443/image-459.png 1316w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



BNB is up 1%, at the apex of a massive symmetrical triangle that&#8217;s been compressing price for over three months since the December peak of $1,363.



The token crashed 36% from that high to a January low of $825, then spent weeks coiling between converging trendlines.&nbsp;



That setup typically resolves with an explosive move in either direction—the question is which way it breaks.



BNB is trading just above the critical 200 EMA at $883.7, which has provided support throughout January.&nbsp;



However, price remains below all shorter-term EMAs: 20-day at $903.9, 50-day at $901.4, and 100-day at $910.7—all clustered tightly in the $900-915 zone, creating a resistance ceiling.



Additionally, the Supertrend indicator at $873.1 sits below as support.



<h3 class="wp-block-heading">Key Levels To Watch</h3>



<ul class="wp-block-list">
<li>Upside: Breaking above $915 would escape the triangle&#8217;s upper boundary and target $950-1,000. Clearing $1,050-1,100 would represent a significant reversal and confirm the ETF filing is driving buying pressure.</li>



<li>Downside: The $883.7 200 EMA is critical support. Loss of $873.1 (Supertrend) breaks structure and targets $850-825. Breaking $800 ascending support opens a catastrophic decline to $750-780.</li>
</ul>



Image: Shutterstock

Grayscale Seeks BNB Spot ETF Approval—Can It Trigger A Breakout?

Silver crossed the psychological $100 per ounce Friday, driven by solar panel demand and a historic supply squeeze, while Bitcoin <a class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/BTC-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> has crashed 30% from its $126,000 peak to $89,000.



<h3 class="wp-block-heading">The Numbers: Silver Added $2.83 Trillion</h3>



Silver closed October 31, 2025 at $48.68 per ounce. By Friday afternoon, it had crossed $100—a 104% surge in three months.



The total above-ground silver supply is estimated at approximately 56 billion ounces, including bullion, coins, jewelry, and industrial products.&nbsp;



At October&#8217;s price, silver&#8217;s total market value stood at roughly $2.73 trillion.&nbsp;



At today&#8217;s $99 price, that valuation has exploded to approximately $5.56 trillion—an increase of $2.83 trillion in three months.



That&#8217;s 1.5 times Bitcoin&#8217;s entire $1.84 trillion market cap added to silver&#8217;s value in 90 days.



Meanwhile, Bitcoin tumbled from above $126,000 in October to roughly $89,000 today. 



The cryptocurrency&#8217;s market cap fell from over $2.4 trillion to $1.84 trillion, shedding more than $600 billion in value.



<h3 class="wp-block-heading">What&#8217;s Driving The Silver Rally</h3>



The silver rally is driven by an industrial necessity colliding with a supply crunch.



Solar panels now account for 29% of industrial silver demand, up from just 11% in 2014, according to the Silver Institute&#8217;s World Silver Survey 2025.&nbsp;



Each solar panel requires 15-25 grams of silver, and global solar capacity is forecast to hit 665 gigawatts in 2026.



Moreover, electric vehicles use 25-50 grams of silver versus 15-28 grams in conventional cars.&nbsp;



That demand isn&#8217;t going away—it&#8217;s accelerating as the green energy transition shifts from future trend to current reality.



The supply side is even tighter. The Silver Institute reports 2024 marked the fourth consecutive year of supply deficits:



<ul class="wp-block-list">
<li>Mine production: 819.7 million ounces</li>



<li>Total demand: 1.16 billion ounces</li>



<li>Industrial demand: 680.5 million ounces (record high)</li>
</ul>



The deficit is structural. Over 70% of silver is produced as a byproduct of mining lead, zinc, and copper—meaning production can&#8217;t simply ramp up when prices spike.



Research from Ghent University and Engie Laborelec projects that by 2030, global silver demand could hit 48,000-52,000 metric tons annually while supply reaches only 34,000 metric tons.&nbsp;



The solar industry alone could consume 29-41% of projected global supply by decade&#8217;s end.



<h3 class="wp-block-heading">What Happens Next</h3>



Silver is approaching the psychological $100-per-ounce threshold. The question is no longer whether it can break through—but whether $100 becomes a new floor rather than a ceiling.



The fundamental case remains intact. Supply deficits show no signs of abating, industrial demand is accelerating, and geopolitical tensions continue driving safe-haven flows into physical assets.



Silver has officially shed its reputation as the &#8220;boring&#8221; precious metal.&nbsp;



For traders, the lesson is clear: sometimes the most disruptive technology is the one we&#8217;ve been mining for 5,000 years.



Image: Shutterstock

How Silver Cracked $100 And Added More Than Bitcoin's Entire Market Cap In 3 Months

Ledger, the French crypto hardware wallet maker, is preparing a New York Stock Exchange IPO targeting a $4 billion valuation—nearly triple its 2023 price tag.



<h3 class="wp-block-heading">Ledger&#8217;s IPO Timeline And Bankers</h3>



Ledger is <a href="https://x.com/degeneratenews/status/2014679669736386644?s=46">working</a> with Goldman Sachs <a href="https://www.benzinga.com/quote/GS" target="_blank" class="ticker-link" data-ticker="GS" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GS">GS</a>)</a>, Jefferies, and Barclays (LSE: BARC) to facilitate an IPO as soon as this year, according to the Financial Times.



The company, founded in 2014, generates hundreds of millions in revenue as crypto hacks hit all-time highs.&nbsp;



CEO Pascal Gauthier mentioned a possible IPO in November, noting that rising security breaches are driving demand for hardware wallets.



The timing is strategic. BitGo <a href="https://www.benzinga.com/quote/BTGO" target="_blank" class="ticker-link" data-ticker="BTGO" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>)</a> went public on the NYSE Thursday, pricing shares at $18 and closing up 2.7% for a valuation above $2 billion.&nbsp;



BitGo's IPO raised $212.8 million and was multiple times oversubscribed. The demand highlights strong institutional appetite for crypto infrastructure.



That successful debut is fueling momentum for other crypto firms eyeing listings.



<h3 class="wp-block-heading">The IPO Pipeline Is Stacked</h3>



Ledger joins a packed queue of crypto firms eyeing public listings in 2026:



Kraken <a href="https://www.benzinga.com/crypto/cryptocurrency/25/11/48956185/kraken-confidentially-files-for-ipo-targets-20-billion-valuation">filed</a> confidentially with the SEC in November 2025 and is targeting a $20 billion valuation for a first-half 2026 debut.



ConsenSys, the crypto infrastructure giant <a href="https://www.coindesk.com/markets/2025/10/29/consensys-plans-public-debut-taps-jpmorgan-and-goldman-sachs-to-lead-ipo-axios">behind</a> MetaMask, is working with JPMorgan <a href="https://www.benzinga.com/quote/JPM" target="_blank" class="ticker-link" data-ticker="JPM" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/JPM">JPM</a>)</a> and Goldman Sachs on a mid-2026 IPO with an estimated $7 billion valuation.



Animoca Brands, the Web3 gaming company, plans to list on Nasdaq through a reverse merger at an estimated $6 billion valuation.



Additionally, Bithumb, South Korea&#8217;s major crypto exchange, is targeting a listing on the Korea Exchange in 2026.



<h3 class="wp-block-heading">How 2025 IPOs Performed</h3>



The 2025 crypto IPO wave delivered mixed results.&nbsp;



At least 11 crypto companies went public globally in 2025, raising about $14.6 billion.



That marked a sharp jump from 2024, when just four listings raised roughly $310 million.



Circle <a href="https://www.benzinga.com/quote/CRCL" target="_blank" class="ticker-link" data-ticker="CRCL" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CRCL">CRCL</a>)</a> <a href="https://www.benzinga.com/crypto/cryptocurrency/25/10/48524756/circle-galaxy-are-the-only-crypto-ipos-in-profit-as-etoro-sinks-40-since-debut">delivered</a> the most dramatic debut, surging 168% on its first day after pricing at $31 per share in June 2025.&nbsp;



The stock peaked at $298.99 but has since crashed to around $85—a 71.6% drop from the all-time high, though still 174% above the IPO price.



Gemini <a href="https://www.benzinga.com/quote/GEMI" target="_blank" class="ticker-link" data-ticker="GEMI" data-exchange="NASDAQ" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GEMI">GEMI</a>)</a> opened at $37.01, up 32% from its $28 IPO price in September 2025, but now trades around $11—61% below the IPO price, after posting a $283 million loss in the first half of 2025.



<h3 class="wp-block-heading">What&#8217;s Driving The Wave</h3>



Improving regulatory clarity under the Trump administration is reinforcing confidence in crypto infrastructure firms.&nbsp;



Progress on stablecoin legislation like the GENIUS Act and the SEC-CFTC coordination efforts are removing major regulatory overhangs.



Crypto venture funding surged to $19.7 billion in 2025.



More than 265 M&amp;A deals worth $8.6 billion were completed, nearly four times 2024 levels.



<h3 class="wp-block-heading">The Risk: Recent IPOs Are Down Big</h3>



Despite strong initial demand, several 2025 crypto IPOs have underperformed due to Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> price volatility.&nbsp;



The October 2025 market crash liquidated over $19 billion in crypto leverage in a single day, hitting publicly traded crypto stocks hard.



Moreover, Ledger also faces reputational challenges.&nbsp;



The company grappled with a breach involving third-party payment processor Global-e two weeks ago that exposed customer personal details.&nbsp;



In 2020, a data breach exposed 270,000 customers&#8217; data, and in 2023, Ledger lost nearly $500,000 to a hack.



Image: Shutterstock

Ledger Plans $4 Billion IPO After BitGo Debut—Kraken And ConsenSys Next In Line

Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> remains stuck around $90,000 level, despite global equity markets and commodities continuing their multi-month rally.



<h2 class="wp-block-heading">Historical Correlation Broken</h2>



The crypto market is exhibiting an extreme divergence from broader equities, most notably in Ethereum's <a class="ticker-link" data-ticker="ETH" data-exchange="CRYPTO" href="https://www.benzinga.com/quote/ETH-USD" target="_blank" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</a> failure to track the Russell 2000 despite a long history of close correlation, prominent analyst Kevin <a href="https://x.com/Kev_Capital_TA/status/2014414045076508878">noted.</a>



Historically, the two have moved together roughly 90% of the time, particularly during risk-on environments. 



A prolonged decoupling of this magnitude, especially while the Russell 2000 is in price discovery, has not been observed before.



The divergence suggests either a lagged response from crypto markets or lingering structural damage following the Oct. 10 dislocation.



While mid- and small-cap equities are leading performance and macro conditions are the strongest in more than five years, crypto remains a clear outlier, continuing to experience capital outflows instead of participating in the broader rally.



<h2 class="wp-block-heading">Bitcoin Consolidates As Internal Conditions Improve</h2>



Bitcoin's repeated failures to break above $100,000 contrasts with strong gains in traditional indices such as the Nasdaq and S&amp;P 500. 



Glassnode <a href="https://insights.glassnode.com/btc-market-pulse-week-4-2026/">data</a> indicates that while BTC remains range-bound, internal market conditions are gradually improving.



Spot market data shows easing sell pressure, rising volumes, and a shift toward positive buy-sell imbalances, though demand remains fragile.



 A key positive has been a sharp reversal to net inflows into U.S. spot Bitcoin ETFs, signalling renewed institutional accumulation, even as elevated holder profitability increases the risk of near-term profit-taking.



On-chain activity is also stabilizing, with improvements in active addresses, transfer volumes, and modestly higher fees. 



While Bitcoin remains in consolidation, improving spot dynamics and institutional flows suggest the groundwork for a more constructive market structure is slowly forming.



Image: Shutterstock

Bitcoin Glued To $90,000 As Gold, Silver, Stocks Rally: What Is Going On?

UBS Group AG, the world&#8217;s largest wealth manager with $4.7 trillion in assets, is preparing to offer Bitcoin <a href="https://www.benzinga.com/quote/BTC-USD" target="_blank" class="ticker-link" data-ticker="BTC" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</a> and Ethereum <a href="https://www.benzinga.com/quote/ETH-USD" target="_blank" class="ticker-link" data-ticker="ETH" data-exchange="CRYPTO" rel="noopener">(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</a> trading to select private banking clients in Switzerland, with plans to expand to Asia-Pacific and the U.S.



<h3 class="wp-block-heading">How The Rollout Will Work</h3>



UBS is <a href="https://www.bloomberg.com/news/articles/2026-01-23/ubs-plans-crypto-trading-for-some-clients-in-digital-asset-push">currently</a> selecting partners for the crypto offering after months of discussions, Bloomberg reported on Friday, citing sources familiar with the matter. The bank hasn&#8217;t made a final decision on how to proceed.



The initial rollout will be limited to select private banking clients in Switzerland who want to buy and sell Bitcoin and Ethereum. 



UBS is using outside partners rather than building trading, custody, and compliance infrastructure in-house.



A UBS spokesperson declined to comment on specifics but said the bank &#8220;actively monitors developments and explores initiatives that reflect client needs, regulatory developments, market trends and robust risk controls.&#8221;



The move is driven by rising demand for digital assets from wealthy clients who want crypto exposure through their existing banking relationships rather than navigating crypto-native exchanges.



<h3 class="wp-block-heading">Why This Matters For Crypto Markets</h3>



When large wealth platforms add crypto trading, they bring steadier liquidity and a more traditional investor base to digital assets.



UBS managing $4.7 trillion means even a small allocation to crypto from its client base could move markets.&nbsp;



If just 1% of those assets flowed into bitcoin and ether, that would represent $47 billion in potential demand.



The bank is sticking to bitcoin and ether only—the two most liquid tokens with the clearest regulatory status.&nbsp;



That lowers operational and reputational risk compared to smaller tokens and targets where institutional demand is already concentrated.



<h3 class="wp-block-heading">The Bigger Institutional Wave</h3>



UBS joins a growing list of traditional banks expanding crypto offerings.



JPMorgan Chase &amp; Co. <a href="https://www.benzinga.com/quote/JPM" target="_blank" class="ticker-link" data-ticker="JPM" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/JPM">JPM</a>)</a> is considering offering cryptocurrency trading to institutional clients, while Morgan Stanley <a href="https://www.benzinga.com/quote/MS" target="_blank" class="ticker-link" data-ticker="MS" data-exchange="NYSE" rel="noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/quote/MS">MS</a>)</a> said it would offer crypto trading on its E&#x2A;Trade platform starting in the first half of 2026.



The shift from cautious observer to active participant reflects changing risk calculations at major banks.&nbsp;



Crypto is no longer a side project—it&#8217;s a client-demand and risk-management question that banks can&#8217;t ignore.



President Donald Trump&#8217;s push to make America the &#8220;crypto capital of the world&#8221; is accelerating this trend.&nbsp;



Clearer regulatory frameworks give banks more confidence to build crypto products through tightly controlled channels.



Image: Shutterstock

	Paar	Maximale Hebelwirkung	Short	Long	Diagramme	24h Änderung

Handelsgebühren mit MBG bezahlen

Handelsgebühren mit MBG bezahlen

Marktstimmung

Investitionsmöglichkeiten

Schnellzugriffstools

Konvertieren Sie Ihr Vermögen

Krypto schnell kaufen

Verkaufen Sie Ihre Vermögenswerte schnell

Unterwegs handeln

App Store

Google Play

Marktnachrichten