Cryptocurrency markets decline despite US government shutdown ending. President Trump signed funding bill, providing government funding until Jan. 30, 2026. Bitcoin ETF demand stalls as outflows resume, with $866 million in daily net outflows. Bitcoin falls to six-month low of $95,900. ETFs and Michael Saylor’s Strategy driving Bitcoin demand.
Bitwise CIO predicts 2026 as crypto’s real bull year due to lack of late 2025 rally. Interest in Bitcoin debasement trade, stablecoins, and tokenization accelerating. Uniswap’s fee switch proposal to boost interest in DeFi protocols. 2026 expected to be good year due to sound fundamentals.
Arthur Hayes advises Zcash holders to withdraw assets from CEXs and “shield” them. Zcash sees sharp price swings, dropping 37% from high. Analysts warn of possible sharp correction due to high RSI. Hayes urges holders to “shield” assets for privacy.
Vitalik Buterin champions decentralization in Trustless Manifesto. Manifesto emphasizes core values of decentralization and censorship resistance. Integrating hosted nodes or centralized relayers sacrifices trustlessness. Trustlessness is essential for efficiency, UX, and scalability in crypto platforms. Complexity can lead to centralization, creating choke points. The Trustless Manifesto criticizes Ethereum layer 2s for prioritizing scalability over decentralization. Sonic Labs shifts focus from speed to long-term value, introducing upgrades like token supply reductions and revamped rewards. Sonic claims to be the fastest EVM chain with 720ms finality. DeFi market sees top cryptocurrencies ending the week in the red, with Dash and ICP experiencing significant declines in value.
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El Salvador becomes the first country to adopt Bitcoin as legal tender, alongside the US dollar. The country’s congress approved a bill with a supermajority vote, aiming to boost financial inclusion and attract foreign investment. The government plans to mine Bitcoin using renewable energy from volcanoes.
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Bitcoin’s price surges above $52,000 after El Salvador’s announcement to adopt it as legal tender. The cryptocurrency market sees a positive reaction, with other digital assets also experiencing gains. This move by El Salvador is seen as a major milestone in the mainstream adoption of Bitcoin.
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Twitter CEO Jack Dorsey announces the company’s plans to create a decentralized social media platform called “Bluesky.” The platform aims to give users more control over their data and algorithms, promoting open standards and protocols. Dorsey believes that decentralization is crucial for the future of social media.: Bitcoin Falls Under $100k, ETFs Stall After End Of US Government Shutdown