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22 Jan 2026, 14:00

Recent Updates This Week for Ripple and XRP

Ripple and XRP are witnessing a series of bullish developments this week that are shaping market expectations for 2026. These include bold leadership commentary at Davos, expanding stablecoin liquidity, and rising institutional exposure. Visit Website

22 Jan 2026, 13:55

Solana-based Space responds to backlash over public token sale

Space, a Solana-based leveraged prediction market platform, has moved to address community concerns following its public token sale, which attracted more than eight times its initial target. The platform published an explanation on Wednesday, January 21, 2026, after its sale received over $20 million in demand against a $2.5 million target raise figure, allocating 19.6% out of the 51% of its total token supply that was se t fo r the community. The platform also stated that it has returned over $7.3 million after the final runway review. Space’s tokenomics structure allocates 51% of the total supply to the community, 14% to investors and advisors, and 15% to core contributors and liquidity and listings, respectively. 5% is se t fo r marketing. The controversy has drawn comparisons to recent turmoil surrounding Trove Markets, another prediction market project that faced backlash over similar fundraising discrepancies. Is the Space prediction platform’s $2.5 million a soft cap or hard cap? Space maintains that the $2.5 million figure represented a “soft cap” rather than a hard cap. However, many members of the community claim that the said figure is a hard cap. In its defense, Space wrote, “This terminology is standard nomenclature among some launchpads, calling their soft cap a target. This structure works because it allows projects to scale responsibly based on real demand rather than being stuck undercapitalized.” The platform stated that the soft cap was a floor, calling it “the absolute minimum needed to ship safely.” The platform claims that accepting only the minimum would have funde d me rely a few months of operations. The sale cleared at $0.069 per token, representing a $69 million fully diluted valuation (FDV). To ensure fair distribution at scale, Space stated that it implemented protective measures, which saw large contributions trimmed heavily, while smaller participants received higher fill rates. The final allocation will be distributed across thousands of wallets, with an additional 31.4% of the community pool reserved for future rewards through airdrops to stakers and liquidity providers. “This was controlled scaling in response to real demand,” Space stated in its announcement. “With the additional capital, Space becomes adequately funded, which allows us to move faster toward s to ken generation event, rather than waiting months down the line. ” The platform also stated that capital will be deployed to seed and support leverage pools, launch liquidity provision, secure centralized exchange (CEX) listings, build risk management infrastructure, team expansion, security audits, and build platform infrastructure. Trove Markets was a cautionary tale Trove Markets recently faced severe backlash after its token crashed over 95% following a platform pivot from Hyperliquid to Solana. The project raised $11.5 million but retained $9.4 million despite returning $2.44 million to participants. Blockchain investigator ZachXBT had initially called out the team on January 17, 2026, on X, writing, “Want to explain to the community why your team bridged $45K from the Trove Angel Round raise on Jan 11 and deposited it directly into a casino deposit address?” ZachXBT’s post and Trove’s actions caused confusion in the community, and the attendant result was reduced trust and a crashed token. Path forward uncertain Space is expected to address the questions head-on later today. The platform faces the dual challenge of restoring community confidence while delivering on its technical promises. Space positions itself as the first 10x leverage prediction market on Solana. Some participants experienced confusion over the refund process, and part of them are those who elected to receive allocations in different wallets for security reasons. Space stated that all returns were processed to designated wallets. A user with the X handle, @0xLaxo , accused Space of oversubscribing and misleading the public, writing, “Do you know what the word ‘OVERSUBSCRIPTION’ means? now you call 2.5M a ‘soft cap’ after saying the word OVERSUBSCRIPTION multiple times (easy to prove it). You are misleading people and withholding their funds without good reason.” Many are looking forward to the upcoming space, and industry observers will be watching as well to see how the prediction markets platform navigates this phase. The smartest crypto minds already read our newsletter. Want in? Join them .

22 Jan 2026, 13:52

BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime

Onchain data shows sizable bitcoin and ether movements tied to BlackRock’s spot ETFs, echoing earlier January flows tied to creation and redemption activity.

22 Jan 2026, 13:51

Bitcoin Holds Key Support: Will Bank of Japan Trigger a Rebound?

Bitcoin (BTC) is trading near $90,000 at press time, holding above a key support range between $86,000 and $89,000. This area, which served as a base in December, is now being retested after a pullback from recent local highs near $95,000. Key Support Zone Faces Pressure The asset has mostly remained below the $90,000 mark, which was previously support and is now turning into resistance. Until that level is reclaimed, each move higher may face pressure. Market structure shows no breakdown yet, but the momentum has clearly slowed. After a spike during the drop, volume has slowed, showing lower activity as traders wait for confirmation. The RSI is sitting near the middle of the range, not signaling much strength or weakness. Michaël van de Poppe, founder of MNF Fund, says Bitcoin’s next move may depend on macro factors. He posted , “Bitcoin holds the support level, though we’ll still need to wait until tomorrow. The Japanese Central Bank needs to intervene in the bond markets to put it to rest, and then, probably, risk-on assets will continue to move.” This suggests that decisions from the Bank of Japan could influence broader markets. If bond market pressure eases, buyers may return to higher-risk assets, including cryptocurrencies. Meanwhile, the asset is down 7% over the last 7 days, despite a small gain in the past day. News that President Trump canceled planned tariffs linked to Greenland caused sudden volatility across several markets. Market Sentiment Mixed Among Analysts There’s no clear direction yet. Merlijn The Trader noted , “ $87.7k is the line in the sand. If BTC doesn’t break it, you’re in for a surprise. ” The message hints at the potential for a bounce if support holds. While some analysts are watching a bear flag pattern that could target $60,000, others maintain that the long-term structure remains intact. Egrag Crypto pointed out that the trend is still intact and the current price is part of a broader range. In contrast, data from CryptoQuant analyst Arab Chain shows the leverage ratio on Binance has climbed to its highest level since last November, reaching around 0.184. This reflects a shift toward risk, with more traders using borrowed funds, a setup that often leads to sharper market swings. Whale activity, however, remains muted. CW observed , “The BTC CVD indicator is calm. A buying wall has formed at 86k, and a selling wall exists around 100k.” They added that much of the current activity appears automated, noting, “ Whales have not yet made any significant moves. ” The post Bitcoin Holds Key Support: Will Bank of Japan Trigger a Rebound? appeared first on CryptoPotato .

22 Jan 2026, 13:51

DDC Enterprise adds 200 bitcoin, raising holdings to 1,583

More on DDC Enterprise Seeking Alpha’s Quant Rating on DDC Enterprise Historical earnings data for DDC Enterprise Financial information for DDC Enterprise

22 Jan 2026, 13:45

Worldcoin deletes Kenyans' biometric data following High Court ruling

World, the crypto and digital identity project co-founded by Sam Altman as Worldcoin, has conceded to a High Court order to delete all biometric data collected from Kenyan citizens. In a communiqué cited by local media outlets, Kenya’s Office of the Data Protection Commissioner (ODPC) confirmed the project’s data controller permanently erased all information gathered from Kenyan users during World’s iris data collection operations in September 2023. The confirmation came after the High Court issued orders last May, directing that the data be wiped from World’s systems . ODPC said it would continue monitoring the compliance of technology firms in the country, in line with Kenya’s data protection laws. World upholds Kenya High Court’s ruling, deletes user data According to court filings shared with local news publications, World collected sensitive biometric information without carrying out a mandatory Data Protection Impact Assessment, as legally required by Section 31 of Kenya’s Data Protection Act of 2019. The assessment must be made before any processing of sensitive personal data, including biometric identifiers such as iris scans. The court was also told the project transferred biometric data belonging to Kenyan citizens to servers located in Germany. World is operated by Tools for Humanity Corporation and its German subsidiary, Tools for Humanity GmbH. The legal battle came about from public outcry in mid-2023, when the project was called Worldcoin . It launched a mass registration drive, with thousands of people queuing at shopping malls and public spaces to have their irises scanned with the project’s Orb devices. In return, participants received cryptocurrency tokens worth $50, which was around 8,000 Kenyan shillings at the time. Several lawmakers, civil society groups, and privacy advocates pushed regulators to suspend the project’s activities and investigate whether the Altman-backed project broke privacy laws. Digital rights lawyer Mercy Mutemi told the BBC that World could have used other options to collect data that were “less invasive.” “If the goal is to prove people are human, they can just show up. You don’t need to go in the most invasive manner to prove people are human,” she said. Last year, China’s Ministry of State Security issued a warning about the misuse of biometric data collected by World. In a post on its official WeChat account, the ministry mentioned a foreign company issuing crypto rewards in exchange for iris scans, which the public took as a reference to the project. The Chinese agency reiterated that such practices could expose its citizens’ information to foreigners and put the country’s security at risk. In 2024, South Korea’s Personal Information Protection Commission opened an investigation into Worldcoin following complaints about its handling of personal data. The commission said it would examine how the project collected, processed, and transferred private information overseas. Moreover, it promised to take enforcement actions if it found World had violated local privacy rules. After the PIPC completed its investigations, the government fined OpenAI 3.6 million Korean won, finding that personal information belonging to 687 South Korean citizens had been leaked through OpenAI’s large language model, ChatGPT. Worldcoin privacy protection gaps spark European probe Worldcoin’s activities have also faced resistance in Europe and Asia, leading the crypto network to suspend iris-scanning in Indonesia, Thailand, Germany, and France. German state Bavaria’s Data Protection Authority, the lead supervisory agency for the project in Europe, said it had not completed its review when Worldcoin launched in Germany. Its President, Michael Will, insisted that the company was not legally required to seek approval before launch, but the assessment process was still ongoing when operations began in 2023. At the time, Worldcoin was also conducting testing in France. The company responded to information requests from the Bavarian authority and submitted a privacy impact assessment, a requirement under the General Data Protection Regulation for firms processing sensitive biometric data. Based on the submission, the Bavarian watchdog concluded that the local Worldcoin entity met GDPR requirements, though regulators were unconvinced it was fully compliant and placed it under review. A spokesperson from France’s data protection authority, the CNIL, said the legality of the biometric data collection and the conditions under which the data was preserved were “questionable.” Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.