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21 Jan 2026, 05:00

What Binance’s Co-CEO Said At Davos: Exploring US Comeback Plans And Ripple’s Vision

A recent report from CNBC reveals that Binance’s co-CEO, Richard Teng, is contemplating a return to the US market after exiting in 2023 as part of a regulatory agreement that also resulted in the departure of the exchange’s former CEO, Changpeng Zhao (CZ). Ripple CEO Predicts Positive Impact From Binance’s Return During an interview at the World Economic Forum in Davos on Tuesday, Teng emphasized that Binance is taking a “wait-and-see” stance regarding its reentry into the US, a market he considers “very important.” In tandem with Teng’s comments, Brad Garlinghouse, Ripple’s CEO, shared his optimistic outlook for the world’s leading exchange comeback in a separate interview with CNBC. Garlinghouse remarked that the US market is significant and suggested that Binance had previously been a major player within it. “I think they’ll come back because they’re a capitalistic, innovative company that wants to solve larger market challenges and continue to grow,” he stated. Not only that, but Garlinghouse also believes that Binance’s entry into the country’s cryptocurrency market could increase competition and ultimately attract more users. He noted: I think it will actually have the positive impact of bringing more people into the market, in part because it’ll reduce pricing. Today their pricing is lower on a global basis than what we see here in the U.S. Teng, Garlinghouse Call For Support Of Key Crypto Bills The discussion of Binance’s future in the US comes amidst a turbulent regulatory environment for cryptocurrencies. The recent cancellation of the crucial markup for the crypto market structure bill, known as the CLARITY Act , reflects ongoing challenges. Teng, a former regulator himself, weighed in on the state of US crypto regulations, asserting that “any regulation will be better than no regulation.” He explained that having regulatory clarity allows companies to navigate the framework effectively. “Once you have clarity, you can then start working around those rules,” Teng added, acknowledging that initial regulations may not be perfect but can be refined over time. This backdrop of regulatory uncertainty is further complicated by recent developments in the industry. The CEO of Coinbase, Brian Armstrong, stepped back from supporting the crypto market structure bill just 24 hours before its markup, leading to its eventual suspension. Garlinghouse, who continues to support the bill in its latest form, was surprised by Armstrong’s “vehemence” against the CLARITY Act. He noted that “the rest of the industry, including exchanges that compete with Coinbase, were still supporting it.” Looking ahead, Garlinghouse is hopeful that industry leaders will find a way to overcome the current impasse. “If we want the industry to continue to grow, we need things like the Genius Act and the Clarity Act,” he affirmed. At the time of writing, Binance’s native token, Binance Coin (BNB), had dropped to $893.65, marking a 3.7% decline over the previous 24 hours. Ripple’s associated XRP token retraced towards $1.90, suffering even greater losses of 5.5% in the same time frame. Featured image from OpenArt, chart from TradingView.com

21 Jan 2026, 05:00

MemeCore price prediction – M’s new resistance means THIS for traders!

It's an interesting time for M traders everywhere right now.

21 Jan 2026, 05:00

Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts

BitcoinWorld Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts NEW YORK, January 21, 2025 – The nascent U.S. spot Bitcoin ETF market confronts a significant test of resilience as data reveals a substantial $479.61 million net capital exit for the second consecutive trading day. This persistent outflow, meticulously tracked by industry data aggregator TraderT, underscores a notable shift in short-term investor behavior following the historic launch of these funds. Consequently, market analysts are now scrutinizing the underlying causes and potential long-term implications for digital asset adoption. Bitcoin ETF Outflow Analysis: A Detailed Breakdown The January 20 outflow data presents a clear picture of widespread selling pressure across nearly all major fund issuers. Grayscale’s converted GBTC trust and Fidelity’s FBTC led the retreat, posting outflows of $160.84 million and $152.13 million, respectively. Furthermore, even market leader BlackRock’s IBIT, which had previously seen consistent inflows, recorded a $56.87 million withdrawal. Other notable funds like Ark Invest’s ARKB and Bitwise’s BITB also experienced significant outflows of $46.37 million and $40.38 million. This broad-based trend suggests the movement is not isolated to a single fund’s strategy or fee structure but reflects a broader market sentiment. To provide immediate clarity, the following table details the individual fund flows for January 20: ETF Ticker Issuer Net Flow (Jan 20) GBTC Grayscale -$160.84M FBTC Fidelity -$152.13M IBIT BlackRock -$56.87M ARKB Ark Invest -$46.37M BITB Bitwise -$40.38M HODL VanEck -$12.66M EZBC Franklin Templeton -$10.36M Contextualizing the Capital Shift in Crypto Markets This two-day outflow event does not occur in a vacuum. It follows an unprecedented period of accumulation since the SEC’s landmark approval on January 10, 2024. Initially, these spot Bitcoin ETFs amassed billions in assets under management, demonstrating robust institutional and retail demand. However, financial markets routinely experience profit-taking cycles, especially after strong rallies. Several interconnected factors likely contribute to the current trend: Profit-Taking: Early investors may be locking in gains following Bitcoin’s price appreciation since the ETF launches. Macroeconomic Pressures: Broader financial conditions, including interest rate expectations and equity market volatility, often influence cryptocurrency asset allocations. GBTC Arbitrage Unwind: Some outflows from Grayscale’s fund may represent the final closure of arbitrage trades that existed when GBTC traded at a significant discount to its net asset value prior to conversion. Portfolio Rebalancing: Quarterly portfolio rebalancing by large institutional managers can lead to temporary selling pressure. Expert Perspective on Market Dynamics Seasoned market observers emphasize the importance of perspective. “Daily flow data is a vital pulse check, but it’s the cumulative flow trend over quarters and years that truly matters for this asset class,” notes a veteran ETF strategist who prefers anonymity for compliance reasons. “The infrastructure is now in place for regulated, long-term exposure. Short-term volatility in flows is a normal characteristic of any mature ETF market, from equities to bonds.” Historical data from gold ETFs, for instance, shows they experienced similar periods of outflow during their early years before establishing themselves as core holdings. The real test for spot Bitcoin ETFs will be their ability to attract consistent inflows over multiple market cycles, not just during bullish phases. Potential Impacts and Forward-Looking Scenarios The immediate impact of these outflows is direct selling pressure on the underlying Bitcoin market, as authorized participants redeem ETF shares, forcing the issuers to sell Bitcoin from their vaults. This mechanism can create a short-term headwind for Bitcoin’s price. However, the long-term narrative remains intact. The existence of these regulated vehicles continues to legitimize Bitcoin as an institutional asset. Looking ahead, analysts will monitor several key indicators: Flow Durability: Whether outflows persist into a third or fourth day, signaling a stronger trend shift. Price Correlation: How closely Bitcoin’s price tracks these ETF flows compared to traditional macro drivers. Issuer Response: If fund sponsors adjust fee structures or launch new marketing initiatives to stem outflows. Ultimately, the market is undergoing a necessary maturation process. The ease of entry and exit provided by ETFs means capital can move more efficiently, which increases short-term volatility but also enhances long-term price discovery and market depth. Conclusion The $479.6 million net outflow from U.S. spot Bitcoin ETFs for a second straight day marks a pivotal moment of consolidation for the burgeoning sector. While highlighting current risk-off sentiment and profit-taking behavior, this movement also demonstrates the functional maturity of the ETF framework itself. The seamless process of creation and redemption is operating as designed. For long-term observers, these flows represent a natural ebb in the early lifecycle of a groundbreaking financial product, not a fundamental reversal of the institutional adoption story. The focus now shifts to whether this Bitcoin ETF outflow trend stabilizes and how the market absorbs this selling pressure as it continues to build a new chapter for digital asset investment. FAQs Q1: What does a ‘net outflow’ mean for a Bitcoin ETF? A net outflow occurs when the dollar value of shares redeemed (sold) by investors exceeds the value of shares created (bought). This forces the ETF issuer to sell some of the underlying Bitcoin holdings to return cash to exiting shareholders. Q2: Why is Grayscale’s GBTC consistently seeing large outflows? GBTC had existed for years as a closed-end trust, often trading at a steep discount. Upon conversion to an ETF, some investors locked in arbitrage profits. Additionally, its fee, while reduced, remains higher than many competitors, prompting some shift to lower-cost options. Q3: Do ETF outflows directly cause Bitcoin’s price to drop? They can create downward pressure. To fulfill redemptions, authorized participants sell Bitcoin on the open market. However, Bitcoin’s price is influenced by many global factors, so the correlation, while significant, is not absolute. Q4: Is this the end of the Bitcoin ETF growth story? Not necessarily. All new ETF products experience periods of outflow. The critical metric is cumulative net flow over the long term. The approval and existence of these funds permanently open a new, regulated channel for investment. Q5: Where does the money leaving Bitcoin ETFs likely go? Capital may rotate into other asset classes like bonds or equities, move to cash, or potentially seek exposure through different cryptocurrency instruments. Some may also be waiting for a more favorable entry point to re-enter the Bitcoin ETF market. This post Bitcoin ETF Exodus: U.S. Spot Funds Bleed $479.6M for Second Straight Day as Investor Sentiment Shifts first appeared on BitcoinWorld .

21 Jan 2026, 05:00

Bitcoin IFP Hints At Potential Turnaround: What It Means

On-chain data shows the Bitcoin Inter-exchange Flow Pulse (IFP) has shown early signs of a turnaround recently, suggesting tokens have started moving into derivatives platforms. Bitcoin IFP Is Turning Around, But Not Yet Inside Bull Market Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin IFP has seemingly hit a bottom recently. The “IFP” is an indicator that measures the amount of BTC that’s flowing between spot and derivatives exchanges. When the value of this metric is rising, it means the investors are making a higher amount of transactions from spot to derivatives platforms. Such a trend suggests speculative interest in the market is going up. Related Reading: $790 Million In Crypto Longs Decimated As Bitcoin Plunges To $93,000 On the other hand, the indicator witnessing a decline implies traders may be pulling back on risk as they are sending a lower number of tokens to derivatives markets. Now, here is a chart that shows the trend in the Bitcoin IFP, as well as its 90-day moving average (MA), over the past decade: As displayed in the above graph, the Bitcoin IFP hit a high in the first quarter of 2025 and reversed course, suggesting speculative activity began to decline. Soon after the start of this downtrend, the metric slipped under its 90-day MA. CryptoQuant considers such a crossover to be a bearish one, labeling periods with the indicator below the 90-day MA to correspond to bear markets or corrections. Interestingly, while the cryptocurrency went on to see rejuvenation of bullish momentum and set a new all-time high (ATH) later in 2025, the market environment leaned bearish from the perspective of the IFP, with the metric’s value holding a steady downward trajectory. Recently, however, the early signs of a shift may have finally emerged, as the IFP has shown a turnaround. This increase in derivatives exchange flows has come for Bitcoin as its price has gone through a recovery surge. For now, though, the indicator is still floating at a notable distance under its 90-day MA. In the past, a break beyond this line has usually led to bullish price action for the cryptocurrency, so such a crossover could potentially be a positive sign this time as well. Whether speculative activity related to the asset will rise enough to overcome this threshold only remains to be seen. Related Reading: Bitcoin Short-Term Holders Take Profits: 41,800 BTC Sent To Exchanges Speaking of speculation, the Bitcoin Open Interest, a measure of the amount of BTC positions open on all derivatives exchanges, has surged 3.2% alongside BTC’s pullback in the past day, as CryptoQuant community analyst Maartunn has highlighted in an X post. BTC Price Bitcoin has gone through a plunge over the last couple of days that has taken its price from $95,000 to $91,200. Featured image from Dall-E, chart from TradingView.com

21 Jan 2026, 04:46

XRP pattern echoes Feb. 2022, putting recent buyers under pressure

XRP’s holder mix is starting to look like early 2022, with fresh demand coming in below the cost basis of longer-term wallets, Glassnode said.

21 Jan 2026, 04:43

[LIVE] Crypto News Today: Latest Updates for Jan. 21, 2026 – BTC Falls 4%, ETH Slides 7% Under $3,000 on Trump Tariff Threats

Crypto markets slid broadly over the past 24 hours, with total market capitalization down more than 3% as selling pressure intensified across major sectors. Bitcoin (BTC) fell 4%, briefly dipping below $88,000 before stabilizing near $89,000, while Ethereum (ETH) underperformed, sliding 7.06% to break below the $3,000 level. The centralized finance (CeFi) sector led losses, dropping 5.06%, according to SoSoValue. Binance Coin (BNB) declined 5.43%, OKB fell 4.99%, and Aster (ASTER) lost 5.30%, though MX edged up 0.38%. Weakness extended to DeFi, Layer 1, Layer 2, Meme, and RWA sectors, even as select tokens including River (RIVER), Keeta (KTA), and Canton Network (CC) posted notable gains amid the broader risk-off mood. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for Jan. 21, 2026 – BTC Falls 4%, ETH Slides 7% Under $3,000 on Trump Tariff Threats appeared first on Cryptonews .