Bitcoin Dips as CZ Returns, and Ethereum Goes Quantum š
Looks like the bulls took the weekend off, so there are more red candles in the charts this week. But hey, we've got something to lighten up the mood while we watch our portfolios bleed. š„¹
Our favorite crypto OG, CZ, just got back from his little vacation, and heās walked straight to the world stage like heās on a mission to expose institutional corruption. But itās no big deal, just reshaping global finance over Swiss coffee.
Elsewhere, the most hated blue-collar regulatory agency on everyoneās books finally realized they can't win 'em all and tapped out of the Gemini fight. And Ethereum devs are already fortifying the network against quantum computers that don't even exist yet. Thatās got to be what it means to stay ahead of the curve.
Here are the Highlights:
- Bitcoin slips below $88,000 amid government shutdown risk and ahead of Fed's first rate decision of the year
- Binance Founder CZ Exposes $33 Trillion Secret at Davos Post-Pardon
- Ethereum prepares for quantum era with new security team and funding
- SEC dismisses civil action against Gemini with prejudice
Bitcoin slips below $88,000 amid government shutdown risk and ahead of Fed's first rate decision of the year
Bitcoin slipped below the $88,000 level on Sunday as crypto markets weakened in thin weekend trading, extending a pullback that has weighed on the crypto market over the past week. BTC traded around $87,800 in U.S. afternoon hours, down roughly 2% over 24 hours, according to CoinDesk data. Ether fell toward $2,880, while solana, XRP and cardano each posted losses of between 3% and 5% on the day. Most major tokens have remained sharply down over the past seven days, reflecting the fragile sentiment across the market.
Binance Founder CZ Exposes $33 Trillion Secret at Davos Post-Pardon
Changpeng Zhao (CZ), the pardoned founder of Binance, made a significant appearance at the 2026 World Economic Forum (WEF) Annual Meeting in Davos. This marked his first official slot at the event since his 2025 pardon following a legal settlement with U.S. authorities. Zhao, who had previously faced serious legal challenges, used the platform to reveal the growth of stablecoins and tokenized assetsātwo key components of blockchain technology that have gained massive traction in the global financial system.
Ethereum prepares for quantum era with new security team and funding
The Ethereum Foundation has made post-quantum security a central focus of the networkās long-term roadmap, announcing the formation of a dedicated Post Quantum (PQ) team. The new team will be led by Thomas Coratger, a cryptographic engineer at the Ethereum Foundation, with support from Emile, a cryptographer closely associated with leanVM, according to crypto researcher Justin Drake. āAfter years of quiet R&D, EF management has officially declared PQ security a top strategic priority,ā Drake said in a Saturday post on X.
SEC dismisses civil action against Gemini with prejudice
The US Securities and Exchange Commissionās civil lawsuit against Gemini Trust Company and Genesis Global Capital in the Earn-related unregistered securities case has been dismissed with prejudice. Court filings show the parties submitted a joint stipulation to dismiss the action on Friday in the US District Court in the Southern District of New York, effectively ending the SECās claim over Geminiās crypto lending program with Genesis. A federal judge still needs to sign off on the joint stipulation to dismiss.
Other Highlights Worth Mentioning
BNB Crypto Crashes Below $900 After Falling -4% Overnight - 99 Bitcoins
Trump Media to Airdrop Crypto Tokens to Shareholders in February - Decrypt
Colombiaās second-largest pension fund to offer Bitcoin exposure - Cointelegraph
South Korean Prosecutors Lose Seized Bitcoin, Decline to Disclose Details - Be in Crypto
COINIGY FACT OF THE DAY
On JanuaryāÆ26,āÆ2014, the first known Bitcoin billboard advertisement appeared in SanāÆFrancisco, USA
On this day in 2014, Bitcoin took a step out of the digital world and into physical public awareness: a campaign of Bitcoin billboards was spotted across the SanāÆFrancisco Bay Area. These billboards, funded and organized by Bitcoin enthusiasts, carried minimalist messaging such as āThe revolution has startedā¦ Where do you stand?ā along with a Bitcoin logo, QR code, and a URL directing curious passersby to learn more about Bitcoin.
COINIGY MEME OF THE WEEK
