The XRP price has dipped 3% in the last 24 hours to trade at $1.89 after Ripple CEO Brad Garlinghouse reaffirmed his support for the CLARITY Act, despite ongoing concerns over some of the bill’s provisions.

Garlinghouse said the crypto industry needs regulatory clarity rather than perfect legislation, arguing that a practical framework would encourage innovation across the digital asset sector. He emphasized that waiting for an ideal bill could slow progress at a time when clearer rules are urgently needed.

The White House has also signaled strong backing for the crypto bill. Patrick Witt, executive director of the President’s Council of Advisors on Digital Assets, noted that compromises are often necessary to achieve meaningful progress. He suggested that the current, more crypto-friendly political environment presents the best opportunity yet for market structure legislation to pass.

“Let’s not let perfect be the enemy of good” – this right here is the key. No piece of legislation has ever been perfect by everyone’s standards. What we need is a clear framework, allowing innovation to flourish — exactly what Market Structure will deliver.

I’ll keep saying it… https://t.co/NXAlnazzdv

— Brad Garlinghouse (@bgarlinghouse) January 21, 2026

Garlinghouse Bullish on Crypto

Garlinghouse shared an optimistic outlook for the broader crypto market in a CNBC interview, predicting that digital assets will reach new all-time highs this year. However, not everyone believes the CLARITY Act will have a major impact on XRP. Analyst unknowDLT argued that the bill is unlikely to affect XRP directly, adding to the debate over whether market structure laws benefit all tokens equally or mainly support certain parts of the industry.

Meanwhile, White House crypto czar David Sacks said that once market structure legislation is passed, banks will fully enter the crypto space. He expects traditional banking and crypto to eventually merge into a single digital assets industry, with the same rules applying to all companies offering similar products. Sacks also said banks’ views on yield will evolve, especially as they become more involved in stablecoins.

He pointed to the GENIUS Act, passed in August, which includes provisions related to yield, although it prevents stablecoin issuers from directly offering rewards. Third-party crypto service providers, however, can still provide yield to users. Sacks stressed that compromise is essential to get the CLARITY Act signed into law, noting that previous crypto bills failed multiple times before succeeding.

XRP Price Bulls Defend Key Support, Parabolic Reversal in Focus

The XRPUSD pair remained under pressure on Wednesday, extending its short-term downtrend as sellers continued to dominate the 4-hour chart. The token was trading near $1.89, down more than 3% on the session, after failing to reclaim a critical resistance zone around the $2.05–$2.10 range.

The chart shows that XRP previously enjoyed a strong bullish breakout from a prolonged consolidation zone near $1.85, which fueled a sharp rally toward the $2.40 area earlier this month. However, that move was met with heavy selling pressure, forming a clear rejection at the upper resistance and triggering a broader corrective phase.

Following the pullback, XRP attempted to stabilize above the former support zone near $2.00. This area briefly acted as a demand region, but repeated rejections at Resistance 1 weakened bullish momentum. Once price lost the $2.00 psychological level, bears pushed XRP lower toward the $1.85–$1.88 support band, which has historically attracted buyers.

XRPUSD Chart Analysis. Source: Tradingview

Notably, the current structure suggests XRP may be forming a rounded base. The highlighted potential parabolic reversal indicates that as long as price holds above the lower support zone, bulls could attempt a recovery move. A successful bounce from this level would likely target the $2.00 region first, followed by a retest of $2.10 if momentum improves.

Momentum indicators remain mixed. The RSI (14) is hovering around 37, signaling that XRP is approaching oversold territory but has not yet confirmed a strong bullish divergence. This suggests downside risk still exists, though selling pressure appears to be slowing.

From a market perspective, traders are closely watching whether buyers can defend the current demand zone. A breakdown below $1.85 would invalidate the bullish reversal setup and expose XRP to deeper losses toward $1.70. On the upside, reclaiming $2.00 would be an early signal that bulls are regaining control.

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Bitcoin is seeking the $90,000 reclaim as US President Donald Trump dropped tariff threats and ruled out seizing Greenland from an ally by force.  

Trump’s theatrics and consequent tensions have kept markets on edge this week, prompting investors to take the latest developments with a pinch of salt even as relief was palpable.

BTC has edged up a fraction of a percentage to trade at $89,955 as of 1:19 a.m. EST, with an intraday low of $87,304 and a high of $90,295, according to Coingecko data.  

The crypto market also edged up to $3.13 trillion in market capitalization. As a result, the total liquidations in the crypto market came in at $605 million.

Trump Backs Off EU Tariffs, Markets Edge Higher

Crypto investors eased back into risk after President Donald Trump struck a calmer tone on Greenland and signaled a path toward a deal that pulled some heat out of markets.

According to Trump, he had reached the “framework of a future deal” involving NATO over Greenland, and indicated he would hold off on the tariff threat.

JUST IN: Trump says the US has outlined a framework for a future deal involving Greenland after a meeting with NATO Secretary General Mark Rutte

Tariffs scheduled for Feb. 1 have been postponed.
Negotiations will be led by VP JD Vance and Secretary of State Marco Rubio…

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— Laura Shin (@laurashin) January 21, 2026

“It’s a long-term deal. It’s the ultimate long-term deal. It puts everybody in an excellent position, especially as it pertains to security and to minerals,” Trump told reporters.

While speaking at the World Economic Forum in Davos, Trump said he would not impose the tariffs and ruled out the use of force in the dispute over the Danush territory.

“I won’t do that,” the U.S. President said at Davos of an attack to secure Greenland.

“Okay? Now everyone’s saying,’ Oh, good,’ that’s probably the most significant statement I made because people thought I would use force. I don’t have to use force, I don’t want to use force, I won’t use force.”

Trump’s words came as markets waited to see the full extent of EU trade retaliation over the Greenland issue. 

As the crypto markets edged higher, gold prices remained largely steady after hitting a record high near $4,900/ounce in the previous session.

Silver prices rose 1% to $94.03 per ounce, just below record highs of $95.89/oz hit earlier this week.

Bitcoin Price Set For A Rally Back Above $100K

Bitcoin price is currently consolidating near the $89,000–$90,000 region, holding just above short-term support around $87,000–$88,000, which buyers have defended following the sharp sell-off from November highs.

This consolidation comes after a strong decline from the $115,000 area, where selling pressure accelerated and forced the price of BTC into a corrective phase. Demand stepped in near the $82,000 zone. The rebound from this area suggests downside momentum has slowed in the long term.

Bitcoin is trading around the 50-day Simple Moving Average (SMA) near $90,200, but remains well below the 200-day SMA around $105,000, which continues to act as major resistance on the upside.

The downward slope of the 200-day SMA indicates the broader trend remains bearish unless Bitcoin can reclaim this level and hold above it.

Bitcoin’s Relative Strength Index (RSI) is hovering around 45, sitting below the neutral 50 mark. This suggests momentum remains weak, though not oversold, leaving room for a recovery attempt if buying pressure increases.

From the 1-day BTC/USD chart, Bitcoin price is trading within a rising channel following the sell-off. This structure often represents a bearish continuation pattern, with price currently trading between channel support and resistance. A move toward the $94,000–$98,000 resistance zone is possible, where the upper channel boundary aligns with prior rejection levels.

A clean breakout above $98,000, followed by a reclaim of the 200-day SMA near $105,000, would be the first meaningful signal of a trend reversal.

For Bitcoin to realistically target a sustained move back above $100K, it would need a confirmed trend shift, which may call for a close above the $95,000 zone.

Conversely, failure to break above channel resistance could trigger another pullback, with $88,000 acting as initial support, followed by the $85,000 demand zone if selling pressure returns.

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Ethereum’s biggest run didn’t start with headlines. In early 2020, ETH traded below $150, with low retail interest, rising network usage, and steady capital accumulation in the background. Over the next 18 months, Ethereum climbed more than 20x, driven by DeFi adoption, stablecoin growth, and real demand.

Today, investors are scanning for similar patterns. The market is volatile, but capital is moving selectively. Projects with working products, expanding user bases, and clear use cases are getting more attention than purely narrative-driven tokens.

Below are five altcoins to buy that are increasingly mentioned as candidates for the next major cycle:

1. Digitap ($TAP): Crypto banking app in presale, focused on cross-border payments
2. Hyperliquid (HYPE): Derivatives platform expanding into prediction markets
3. Morpho (MORPHO): DeFi lending protocol with strong institutional backing
4. Jupiter (JUP): Solana-based DeFi superapp with growing product scope
5. Quant (QNT): Enterprise interoperability project showing technical stabilization

1. Why Digitap’s Timing and Utility Are Drawing Early Interest

Digitap is a crypto presale focused on cross-border payments, with a live platform that makes using crypto feel closer to everyday banking. This innovative project removes much of the complexity that still exists in the crypto space and addresses a gap many analysts see as critical for broader adoption.

With Visa cards in circulation, active iOS and Android apps, and over 120,000 connected wallets handling cross-border transfers, Digitap is showing early signs of real usage. That traction helps explain why $TAP is increasingly mentioned among the best crypto to invest in.

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From an investment angle, timing is central. The presale launched at $0.0125 and is now priced at $0.0467, putting early participants up over 270%. The next price increase to $0.0478 is scheduled in 6 days, and stages have been filling quickly. So far, $5M has been raised, with 212M tokens sold.

The confirmed launch price is $0.14, which keeps upside visible for late-stage presale buyers. As prices step up every few days, the main variable becomes entry timing.

2. Hyperliquid Momentum Builds After HIP-4 Proposal

Hyperliquid has built momentum as a derivatives-first platform. On February 2, the project introduced HIP-4, a proposal to add outcome-based trading, including prediction markets and options-style products.

This expansion matters because 99% of Hyperliquid’s fees are converted into HYPE buybacks, creating a direct link between usage and token demand. Broadening the product set could increase fee volume if adoption follows.

Technically, HYPE remains strong. The token trades above its 7-day and 30-day moving averages, and MACD momentum remains positive. Holding support near the $26 level keeps the current structure intact.

3. Morpho Rebounds as DeFi Lending Activity Grows

Morpho operates in the DeFi lending space, allowing users to earn yield or borrow assets through noncustodial vaults and markets. The protocol has grown into one of the top lending platforms by TVL.

Price action recently showed a rebound from oversold levels, with MORPHO moving back above its short-term average. Longer-term resistance remains, but fundamentals continue to improve. TVL surpassed $8.2B, growing more than 26% month over month during late 2025.

Institutional validation adds weight. Morpho was included in Grayscale’s Top 20 list, and the Ethereum Foundation deployed capital into the protocol. That backdrop supports MORPHO’s role as core DeFi infrastructure.

4. Jupiter Grows Beyond Swaps With New DeFi Tools

Jupiter has become one of the most used DeFi platforms on Solana. It dominates swap routing and continues to expand into perpetuals, DCA tools, portfolio tracking, and lending.

The project recently secured $35M from ParaFi Capital, settled in JupUSD, with extended lockups. JupUSD’s circulating supply nearly doubled to $77M, improving liquidity across Jupiter’s ecosystem.

Jupiter also integrated Polymarket on Solana, adding prediction markets to its suite. While this broadens use cases, it also shifts focus beyond JUP’s core governance role. Scale remains Jupiter’s main advantage.

5. Quant Finds Support After Extended Downtrend

Quant has struggled over longer timeframes but recently stabilized near a major technical level. Price found support around the $69 Fibonacci retracement, and RSI moved out of oversold territory.

The broader market saw a modest bounce, and QNT slightly outperformed that move. However, sentiment remains mixed, and the token is still well below its longer-term averages. A move above the $72–$76 range would be needed to confirm a stronger recovery.

Quant remains a higher-risk enterprise play, but it stays relevant when markets begin to rotate toward infrastructure.

How Investors Are Positioning Ahead of the Next Bull Run

Ethereum’s early run rewarded projects that combined utility, timing, and adoption before the market caught on. Digitap fits this setup the best by being early, active, and focused on a real financial problem. With prices stepping up every few days and adoption metrics already in place, timing matters more here than with fully priced assets.

Hyperliquid, Morpho, Jupiter, and Quant each bring credible narratives. But for investors looking to position ahead of the next cycle rather than react to it, Digitap’s presale structure and live product make it one of the more closely watched altcoins to buy in 2026.

Discover the future of crypto cards with Digitap by checking out their live Visa card project here:

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Convicted sex offender Jeffrey Epstein’s hidden crypto investments came to light in a new release of so-called Epstein files — documents from the U.S. Department of Justice (DOJ), revealing his $3 million stake in Coinbase and links to Bitcoin developer Blockstream.

Epstein, according to Bloomberg, invested in Coinbase through a U.S. Virgin Islands-based entity in 2014, years after his criminal conviction. The deal was brokered by Brock Pierce, a cryptocurrency mogul and former child actor, and Brad Stephens, co-founder of Blockchain Capital.

At the time, Epstein’s $3 million investment represented less than 1% of Coinbase, which was valued at $400 million. Emails indicate that Coinbase co-founder Fred Ehrsam was aware of Epstein’s involvement, though it’s unclear whether a planned meeting ever took place.

Blockchain Capital attempted to acquire part of Epstein’s stake in 2018, and Epstein even considered reinvesting during Coinbase’s Series E round. The company went public in 2021 and is now valued at nearly $50 billion.

Epstein crypto dealings didn’t end with Coinbase

Epstein also backed Bitcoin-focused company Blockstream in 2014 but sold his stake a few months later due to conflicts of interest.

In a statement, Blockstream CEO Adam Back clarified that the company has no financial ties to Epstein’s estate. Epstein’s involvement in crypto was part of his broader investment portfolio, which spanned finance, media, and technology, securing him access to powerful networks.

These latest revelations, part of thousands of pages of Epstein’s financial records, underscore his deep, secretive ties to the world of digital assets.

A 15-foot-tall statue of former President Donald Trump, cast in bronze and gilded in gold leaf, has a home: a 7,000-pound pedestal at one of Trump’s golf resorts.

But this monument, dubbed “Don Colossus,” is not just a tribute to the 34-felony-count president. According to the New York Times, it’s at the heart of a bizarre cryptocurrency venture that’s seen a rollercoaster of financial hopes, legal disputes, and strange alliances — and it may just be the wildest moneymaking scheme of the Trump era.

The statue was funded by cryptocurrency investors who paid $300,000 to commission a sculptor to create it as a homage to Trump. It was then used to promote PATRIOT, a memecoin with little function beyond speculation, designed to capitalize on MAGA hype.

The coin went on sale in late 2024, briefly spiking in value as Trump made bold promises about turning the U.S. into the “crypto capital of the planet.” But as with many memecoin ventures, the excitement didn’t last.

PATRIOT’s price plummeted, losing over 90% of its value within months, marred by delays and infighting among the investors. The statue, initially planned for a grand unveiling, became a symbol of the volatile and often dubious nature of memecoins, which are known for their reliance on viral trends and celebrity endorsements.

However, its sheer size and golden sheen have continued to draw attention, and it has remained the centerpiece of a marketing campaign designed to revive the struggling cryptocurrency.

The project’s backers, including crypto developers and right-wing activists, used social media to promote the statue, hoping to gain enough internet buzz to revive the coin’s value.

Official Trump ‘trumps’ Patriot

While the statue was being built, it encountered multiple setbacks, including a clash with Ohio-based sculptor Alan Cottrill, who claimed he was owed $75,000 for intellectual property rights. The dispute over the use of his design for marketing purposes led to a bitter standoff, with Cottrill threatening to withhold the statue until he was fully compensated. Despite these tensions, the statue’s construction proceeded, and a concrete-and-stainless-steel pedestal was installed at Trump’s golf complex in January 2026.

Though the Trump family publicly distanced itself from the coin, Trump promoted the project, including a link shared to Breitbart News, and kept the spotlight on PATRIOT.

His own coin, Official Trump (TRUMP), launched shortly before the PATRIOT unveiling, further complicating the situation and leading to a drop in interest in the competing crypto token. The timing couldn’t have been worse, as the price of PATRIOT tanked just as Trump’s official token took off.

The PATRIOT saga, though financially rocky, continues to capture the public’s imagination. The statue, intended as a marketing stunt for the coin, is now poised for an official unveiling in Doral, Florida.

Trump has reportedly expressed interest in attending the event, though no official date has been set.

In the meantime, Cottrill is still waiting for full payment for his work, while the investors continue to promote the project online, hoping the statue’s golden finish will spark renewed interest.

Despite the setbacks, the statue stands as a symbol of one of the stranger intersections between politics, crypto, and celebrity culture. The backers of PATRIOT have insisted that the project wasn’t about getting rich — it was about building a “people’s crypto token” that would celebrate Trump and his supporters.

As of now, it seems more like a monument to memecoins.

TLDR

• Vitalik Buterin reassesses Ethereum’s Layer 2 scaling vision in light of faster-than-expected base layer growth.
• Buterin emphasizes that Ethereum’s Layer 2 networks have not achieved the full decentralization once envisioned.
• Leading rollups such as Optimism and Arbitrum have made progress but still face challenges in trustless execution and cross-chain interoperability.
• The original concept of Ethereum scaling with L2 rollups may no longer align with the network’s evolving needs.
• Vitalik Buterin advocates for more focus on native rollups and tighter integration of ZK-EVM technology into Ethereum’s base layer.

Vitalik Buterin, Ethereum’s co-founder, is reassessing Ethereum’s Layer 2 (L2) scaling vision. His recent comments on X reflect concerns over the slow progress of decentralization in L2 networks. As Ethereum’s base layer scales, Buterin suggests that the framework positioning L2 rollups as quasi-native shards no longer aligns with the network’s current trajectory.

Vitalik Buterin Reassesses Ethereum’s L2 Scaling Approach

In a shift from previous views, Vitalik Buterin has called for a reevaluation of Ethereum’s L2 scaling plans. Ethereum’s Layer 1 has grown faster than expected, while L2 decentralization has lagged. Buterin emphasized that L2s have not fully reached the decentralized “Stage 2” model once envisioned for Ethereum scaling.

L2 networks, such as Optimism and Arbitrum, have achieved milestones but still face challenges. They trail in achieving full decentralization and cross-chain interoperability. Buterin’s reassessment highlights these shortcomings and questions whether L2s can fulfill their intended promise of scaling Ethereum.

Ethereum L2 Struggles to Meet Expectations

The original vision for Ethereum L2s was to provide a scaling solution with a trustless, decentralized environment. However, the progress has been slower than anticipated, especially in the areas of cryptographic guarantees and interoperability. Despite advancements in L2 rollups, such as Base and Arbitrum, they still fall short of full decentralization and are not yet fully integrated into Ethereum’s core system.

Buterin’s recent comments suggest that Ethereum L2 must adapt to the evolving network dynamics. Ethereum’s base layer, with increasing gas limits and scalability, may make L2 solutions less crucial in the future. This shift calls into question whether L2 rollups will remain the go-to solution for Ethereum scaling as Layer 1 becomes more capable.

The Shift Toward Native Rollups and ZK-EVM Integration

As Ethereum’s base layer grows more robust, Vitalik Buterin and others in the Ethereum community have started focusing more on native rollups. These rollups, integrated more deeply into the Ethereum protocol, could replace the need for separate L2 solutions. Buterin has expressed growing support for native rollups, particularly those built around zero-knowledge (ZK) proofs, which offer more efficient and secure scaling.

The development of ZK-EVM technology is key to this shift. It has the potential to enable more seamless integration between the Ethereum base layer and rollups. This move could lead to a more streamlined approach to scaling Ethereum while maintaining decentralization and security, a shift that Buterin believes aligns better with the network’s long-term goals.

TeraWulf (WULF) rose 11% on Tuesday pre-market after news that the firm acquired two power-heavy industrial sites, more than doubling its energy and computing footprint to 2.8 gigawatts (GW).

The sites — one in Hawesville, Kentucky, and the other in Morgantown, Maryland —add 1.5 gigawatts of capacity, the firm said in a late Monday press release. The company said this will help it meet demand for new large-scale computing and data workloads, as well as support grid reliability in those regions.

The move comes as a growing number of crypto miners position themselves as key players in the artificial intelligence (AI) infrastructure boom. With AI companies in need of data center space, high-powered chips, and vast amounts of electricity, miners have become crucial partners to handle compute needs.

TeraWulf’s Hawesville property, a former industrial site with over 250 buildable acres, includes immediate access to 480 megawatts (MW) of power, including an on-site substation and high-voltage transmission lines. The firm said the location puts it within reach of major Midwest markets and offers a relatively fast path to deploying new compute capacity. The company expects to develop the site in phases.

In Maryland, TeraWulf picked up the Morgantown Generating Station, a 210 MW power facility with expansion potential to 1 GW. The site is already delivering electricity to the grid and could eventually host 500 MW of compute infrastructure in the first buildout phase, the firm said.

The company said it aims to pair any future computing activity with added power generation to keep the site net-positive for the grid.

TeraWulf now operates across five sites and is targeting 250 to 500 MW of new contracted capacity each year.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2283.41, down 0.3% (-6.5) since 4 p.m. ET on Monday.

Nine of the 20 assets are trading higher.

Leaders: ICP (+0.7%) and BNB (+0.6%).

Laggards: HBAR (-2.0%) and XLM (-1.6%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Bitcoin BTC$76,380.39 whiplashed on Tuesday, plunging to a 14-month low before rallying back above $76,000 as tech-sector turmoil sent markets spinning.

The largest cryptocurrency dropped to $72,900 during the early U.S. session — its weakest level since November 2024, when Donald Trump was elected. Then BTC has since rebounded 5% off the lows, climbing back to $76,800, before the advance faded again. Ethereum’s ether ETH$2,268.94 bounced 10% from session lows to above $2,300 before giving back some of the gains, according to CoinDesk data.

The rebound came as Congress reached a deal to end the partial government shutdown, which offered some near-term relief to markets.

Helping ease pressure on risk assets further was an appearance by Nvidia (NVDA) CEO Jensen Huang on CNBC, where he dismissed speculation about friction between the chipmaker and OpenAI. “There’s no controversy at all. It’s complete nonsense,” Huang said, reaffirming Nvidia’s commitment to invest in OpenAI’s next fundraising round. His comments came amid growing concerns over the stability of ChatGPT creator OpenAI, a key driver of sentiment in the AI-fueled tech rally.

Still, the sharp drop in crypto left a trail of damage. Total liquidations across digital asset derivatives surged to $740 million over the past 24 hours, according to CoinGlass. Long positions, those betting on higher prices, bore the brunt of the wipeout with $287 million in BTC longs and $267 million in ETH longs being flushed.

Technical breach

Despite the rebound, bitcoin taking out the April 2025 “tariff tantrum” lows marked a key technical breakdown, raising the risk of a deeper correction.

Still, Benjamin Cowen, founder of Into The Cryptoverse analytics firm, said the overwhelming bearish sentiment might set the stage for a short-term countertrend rally. Historically, he noted, when bitcoin sweeps prior lows, it often triggers relief rallies.

He also warned that failure to bounce soon could make for “one hell of a midterm year,” referring to bitcoin’s past bear markets, such as 2022 and 2018, which also coincided with U.S. midterm elections.

“I feel like the bear narrative has been really strong for a while, and so I would expect a countertrend rally soon so that it gives the bulls some hope for a while,” Cowen said in an X post.