Daily Crypto Briefing – January 22, 2026

Markets stabilized today as geopolitical tensions eased, while institutional crypto infrastructure continues its march toward mainstream adoption.

Top Stories

Trump Sues JPMorgan Over Alleged Debanking

The Block reports President Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon over allegedly terminated bank accounts. The case puts renewed focus on debanking practices that have affected crypto businesses and political figures alike.

Superstate Raises $82.5M for Onchain Equity

Bankless confirms Superstate closed a Series B led by Bain Capital Crypto to expand beyond tokenized Treasuries into SEC-registered equity issuance. The funding signals growing institutional appetite for bringing traditional finance onchain.

BitGo Goes Public in Crypto's First 2026 IPO

Decrypt reports BitGo priced its NYSE debut at $18 per share, above the expected range, raising $212.8 million at a $2.1 billion valuation. Shares jumped 25% in opening trades as investors bet on crypto infrastructure.

Regulation

• Senate Crypto Bill Faces Delays: CryptoNews reports the Agriculture Committee will markup crypto legislation without Democratic support, while Banking Committee postpones its work
• Thailand Advances Crypto ETFs: CoinJournal notes regulators plan to issue crypto ETF rules early this year
• Vietnam Launches Platform Licensing: CoinJournal confirms formal licensing process for digital asset trading platforms has begun
• Netherlands Plans Bitcoin Tax: CoinJournal reports 36% flat tax on unrealized Bitcoin gains starting 2028

Markets

• Bitcoin Holds $90K Support: CoinDesk shows BTC trading near $89,800 despite rally attempts fading
• ETF Outflows Accelerate: The Block reports nearly $1 billion in combined Bitcoin and Ethereum ETF outflows
• Gold Hits New Records: CryptoBriefing notes gold surged above $4,900 as safe haven demand resumed
• Ark Predicts $750K Bitcoin: The Block shows Ark Invest forecasting Bitcoin could reach $750,000 by 2030

Technology

• AI Infrastructure Needs Trillions: Decrypt reports Nvidia's CEO told Davos that AI infrastructure requires massive additional investment
• Chainlink Acquires Atlas: The Block confirms acquisition to enhance MEV solutions across multiple blockchains
• Ethereum Upgrade Activity Questioned: The Block shows JPMorgan doubts Fusaka upgrade activity will be sustained

DeFi

• Base Overtakes Ethereum in DEX Volume: The Defiant reports Base surpassed Ethereum and BNB Chain in decentralized exchange volumes for the first time
• $500M Onchain AI Loan: The Block shows USD.AI approved massive loan using tokenized GPU collateral
• Whale Faces Liquidation Risk: CryptoSlate reports $649.6 million Ethereum position at risk if ETH continues declining

Quick Hits

• Circle CEO Calls USDC Neutral Layer: Cointelegraph - Jeremy Allaire says stablecoin is infrastructure, not competition
• Solana SKR Token Launches: The Defiant - Seeker smartphone token jumps 300% on debut
• Bitwise Launches Bitcoin-Gold ETF: Cointelegraph - New fund targets currency debasement hedge
• XRP Sentiment Hits Extreme Fear: NewsBTC - Social metrics show bearish positioning
• Strategy Hints at More Bitcoin Buying: CoinDesk - Saylor suggests additional BTC purchases coming
• Russia's Stablecoin Evades Sanctions: CoinDesk - $100 billion processed through ruble-pegged A7A5
• Ethereum Address Poisoning Surges: CoinDesk -