Crypto.com Slashes Workforce By 12% in AI Push

Barclays, one of the UK's largest banks, has made a strategic investment in Ubyx, a U.S. stablecoin settlement start-up. Ubyx aims to solve the many-to-many problem faced by issuers, enabling a pluralistic market structure for digital money acceptance.

Bitcoin's recent pullback from a weekly high has led to a liquidation spree and net outflows of $243 million from U.S. spot Bitcoin exchange-traded funds. Analysts view this as a tactical pause rather than a loss of conviction in the market.

Metaplanet, Japan's largest Bitcoin treasury, plans to acquire 1% of the world's Bitcoin supply by 2027. The company disclosed that its Bitcoin income business generated $55 million in revenue last year, surpassing expectations. Share prices of smaller Japanese treasuries have risen alongside Bitcoin's price increase.

Morgan Stanley has filed with the U.S. Securities and Exchange Commission to launch an Ethereum Trust, expanding its crypto footprint. The trust will track ETH price and distribute staking rewards to investors, following the bank's registrations for Bitcoin and Solana products.

XRP's price surged by 25% in the first week of 2026, outperforming the crypto market. XRP ETFs attracted $1.3 billion in investments since November, with growing regulatory clarity driving the token's momentum.

The American Bankers Association's Community Bankers Council is urging U.S. senators to tighten oversight of yield-based workarounds in federal stablecoin rules. More than 200 community bank leaders expressed concern about stablecoin interest payments circumventing Congressional intent through indirect means. The ABA is calling on Congress to clarify the interest prohibition applies to stablecoin issuers' affiliates and partners.

Binance Futures is set to launch silver perpetual contracts, allowing traders to speculate on the precious metal's price with up to 50x leverage. The contracts, margined and settled in Tether, will attract a funding fee every four hours and offer 24/7 trading access.

The correlation between Bitcoin and the Japanese yen has reached a record high over the past 90 days, with a coefficient of determination of 73%. This tight connection means that BTC's price movements closely mirror those of the yen.

Ethereum has increased its data handling capacity through a fork that raised the network's blob target and limit. This adjustment allows for smoother rollup fee dynamics and greater data headroom, supporting Ethereum's strategy of scaling data availability incrementally.

Bitcoin's recent surge to $94,420 was followed by a 3% drop triggering $440 million in liquidations. MSCI's decision not to exclude crypto treasury stocks from its indexes removed potential selling pressure. The market is expected to remain volatile but strengthen driven by specific events.