The crypto market is firmly in positive territory today, with overall market value climbing more than 2% in the past 24 hours. Bitcoin is hovering close to the $94,000 mark, while XRP has stolen the spotlight with a sharp 12.5% jump, now trading above $2.40.
The rally isn’t limited to tokens alone. Crypto-related stocks are also enjoying strong gains, reflecting renewed investor confidence as Bitcoin holds its ground. American Bitcoin (ABTC) led the charge with a near-13.5% surge, followed by solid performances from GameSquare, Bit Digital, Coinbase, Robinhood, and Bitmine.
That said, the upbeat price action comes with a note of caution. On-chain data suggests fewer traders are actively participating. According to Glassnode, spot trading volumes across Bitcoin and major altcoins have fallen to their lowest levels since November 2023. Market depth is still recovering from the October 2025 liquidation event, leaving liquidity thin and prices more sensitive to even modest capital flows.
So what else is making headlines in crypto today? Here’s a quick rundown 👇
Metaplanet Shares Jump 10% as Bitcoin Rally Lifts Crypto Treasury Stocks
Shares of Japan-based Metaplanet jumped more than 10% on Tuesday, riding the broader crypto rally. The move followed strong gains in the company’s U.S.-listed shares and came after Metaplanet revealed a fresh round of Bitcoin purchases in Q4. Other crypto treasury firms, including Strategy and Mara Holdings, also saw their stocks move higher as Bitcoin and altcoins pushed up.
Ethereum and Bitcoin ETFs See Strong Inflows to Start 2026
Investor demand for crypto ETFs is off to a strong start this year. On January 5, U.S. spot Ethereum ETFs recorded net inflows of $168 million, bringing total inflows for the first two trading days of 2026 to over $340 million. BlackRock’s ETHA and Fidelity’s FETH led the pack.
Bitcoin ETFs pulled in even more, attracting nearly $697 million in a single day, largely driven by BlackRock’s IBIT and Fidelity’s FBTC. Meanwhile, the Solana spot ETF posted its biggest day since launch, logging $16.8 million in inflows and pushing total inflows close to $800 million.
Wintermute CEO Pushes Back Against Insider Trading on Prediction Markets
Wintermute CEO Evgeny Gaevoy has issued a strong warning against normalizing insider trading on prediction markets like Polymarket and Kalshi. He argued that exploiting non-public information is unethical and undermines trust, even if some traders believe it’s “part of the system.”
Gaevoy cautioned that while a few may escape consequences, others could face serious legal trouble, including prison time. The promise of near-certain profits, he said, doesn’t justify the risks or the damage to market integrity.
Bitcoin Options Data Hints at Stabilizing Sentiment
Bitcoin’s options market is showing early signs of stabilization. Data from Deribit, cited by Bloomberg, shows growing interest in $100,000 call options expiring on January 30. The value of these calls is more than double that of $80,000 puts with the same expiry.
Wintermute’s head of OTC trading, Jake Ostrovskis, noted that while positioning isn’t aggressive, it does point to improving sentiment. Downside protection is still present, but the premium on puts has eased, suggesting fears of sharp declines are cooling.
Tom Lee-Backed Bitmine Deepens Ethereum Bet
Bitmine, backed by investor Tom Lee, continues to ramp up its Ethereum exposure. The company recently staked another 186,336 ETH, worth about $604 million, bringing its total staked ETH to nearly 780,000 tokens—valued at roughly $2.5 billion.
The move highlights growing institutional confidence in Ethereum staking as a long-term strategy, driven by yields and deeper participation in the network.
