But fear not, dear reader, for the bulls are armed with their most potent weapons: long-leveraged positions, favorable price action, and the unshakable belief that Chainlink is, in fact, a “top DeFi project.” Santiment, that ever-vigilant on-chain snoop, has declared Chainlink the winner in the thrilling “Who Can Push the Most Code?” competition. Truly, a victory for the ages.
For the first time, the firm’s preferred stocks ($8.36 billion, but who’s counting?) have surpassed its total convertible debt ($8.21 billion). It’s like watching a high-stakes poker game where everyone’s bluffing except Strategy, who’s quietly raking in the chips.
Recall, if you will, the halcyon days of Jan. 6, 2026. The Street, that purveyor of financial gossip, revealed that Dimon’s investment empire, alongside crypto darlings Gemini Trust Company and Crypto.com’s Foris Dax, injected millions into a pro-Trump PAC ahead of the 2026 midterms. Trump, of course, was not on the ballot-but then, when has relevance ever been a prerequisite for his theatrics?
Now, here’s the kicker: Bitcoin (BTC) just rebounded 1.20%. Sounds promising, right? Wrong. It’s like a toddler taking its first steps-exciting for the parents, terrifying for the child. The “capital war” analysts are yapping about isn’t a game of Risk with Monopoly money. It’s a real-life financial arms race, and the U.S. Treasury market is the front line.
As ADA compresses near its long-term support, the air crackles with tension. Momentum, once a feral beast, now hesitates, and on-chain whispers suggest a clandestine power struggle. Breakdown or rebirth? The coin dances on a knife’s edge.
As of January 22, BTC has decided that a dance near $90,000 is all the rage, even reaching a modest peak of $90,371 on Binance-an impressive feat for a digital entity that exists purely in the realm of ones and zeroes. The day’s escapades saw a range stretching from roughly $87,585 to $90,371, showcasing volatility that would make a rollercoaster rider queasy. Despite the swirling uncertainty, our brave buyers continue to hold the line above the $87,200-$88,000 zone, proving that they have a penchant for riskier thrills than your average thrill-seeker.
As the new year dawned, XRP attempted a gallant resurgence, nearing $2.40, but alas, the winds of fortune were not in its favor, and its ambitions were dashed against the rocky shores of market uncertainty. Investors, like cautious peasants hearing the distant clamor of war drums, recoiled into their shells, casting a pall of gloom upon the once-optimistic XRP sentiment.
The founder of SkyBridge Capital recently shared his views at the World Economic Forum in Davos. While speaking, he noted that he believes the long-term story for digital assets has not changed. Which is a bit like saying the sun will rise tomorrow, but with more blockchain jargon.
Garlinghouse, the man who’s spent more time in court than a daytime TV judge, has cozied up to Witt, Trump’s crypto consigliere. Together, they’re like the Batman and Robin of blockchain, minus the capes and plus a lot of legal jargon. Witt, who works in the crypto policy team of the current administration (yes, the one that thinks crypto is both the future and a Ponzi scheme), has been tweeting like his thumbs are on fire.
Pi Coin (PI) token rose to $0.1870, up by 23% from its lowest level this week, bringing its market capitalization to over $1.5 billion. Its daily trading volume was $16 million, relatively higher than its recent averages. Because nothing says “confidence” like a trading volume that’s higher than your average squirrel’s stash of acorns.