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Hey crypto fam, 
This Week at a Glance 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Wyoming launches the first state-issued stablecoin in the U.S</li> 
 <li style="font-weight: 400;" aria-level="1">Bitcoin’s price drops as large holders move billions of dollars</li> 
 <li style="font-weight: 400;" aria-level="1">Ethereum increases data capacity by 133%</li> 
 <li style="font-weight: 400;" aria-level="1">Billions of dollars were wiped out in leveraged trades</li> 
 <li style="font-weight: 400;" aria-level="1">Institutions are increasing their investments in crypto ETFs</li> 
</ul> 
This week, we saw the launch of state-issued stablecoins, big moves from memecoins, and Ethereum making progress on scaling. Many leverage traders took losses. Bitcoin fell below $95,000 as large holders moved billions. More institutions applied for crypto ETFs, and regulators worldwide signalled tougher rules. Crypto is clearly moving into a new phase.&nbsp; 
In this weekend’s roundup, we cover the main moves, risks, and trends shaping the market. Subscribe to stay updated and prepared for what comes next. 
Lead Story of the Week: 
<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/wyoming-quietly-launches-first-u-s-state-issued-stablecoin/">Wyoming Launches First U.S. State-Issued Stablecoin (FRNT)</a> 
<img fetchpriority="high" decoding="async" class="aligncenter size-full wp-image-48120" src="https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin.jpeg" alt="" width="841" height="472" srcset="https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin.jpeg 841w, https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin-300x168.jpeg 300w, https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin-768x431.jpeg 768w, https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin-640x360.jpeg 640w, https://defi-planet.com/wp-content/uploads/2026/01/Wyoming-Quietly-Launches-First-U.S.-State-Issued-Stablecoin-750x421.jpeg 750w" sizes="(max-width: 841px) 100vw, 841px"> 
&nbsp; 
<ul> 
 <li style="font-weight: 400;" aria-level="1">First-ever government-issued stablecoin in the U.S.</li> 
 <li style="font-weight: 400;" aria-level="1">Live on Solana, tradable on Kraken</li> 
 <li style="font-weight: 400;" aria-level="1">Backed by cash, Treasuries, and equivalents</li> 
 <li style="font-weight: 400;" aria-level="1">Interest funds Wyoming public schools</li> 
</ul> 
Why It Matters: 
This sets a precedent for how governments may enter on-chain finance, without relying on private issuers. <a style="color: #0000ff;" href="https://defi-planet.com/2026/01/wyoming-quietly-launches-first-u-s-state-issued-stablecoin/">Read the full story</a> 
<h2 id="b-other-news-making-waves-b">Other News Making Waves</h2> 
Market &amp; Trading 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Bitcoin enters a cooling phase below $95K as on-chain demand hits multi-month lows (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/bitcoin-stagnation-signals-bearish-transition-as-demand-hits-multi-month-lows/">More</a>)</li> 
</ul> 
<img decoding="async" class="aligncenter size-full" src="https://defi-planet.com/wp-content/uploads/2025/12/Bullish-Bitcoin-Forecasts-Fell-Short-in-2025-as-Structural-Crypto-Growth-Took-Hold-750x422.jpeg" width="750" height="422"> 
Bitcoin’s price has become “boring” as it<a href="https://defi-planet.com/2026/01/bitcoin-stagnation-signals-bearish-transition-as-demand-hits-multi-month-lows/"> struggles</a> to get back above $95,000, which could mean the market is shifting from growth to a slowdown. Analysts warn of a potential shift into a structural bear market if Bitcoin fails to maintain support between $85,000 and $88,000 in early 2026. 
&nbsp; 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Leverage trading wipes out billions amid volatility-driven liquidations (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/crypto-traders-lose-billions-as-leverage-liquidations-surge/">More</a>)</li> 
</ul> 
<img decoding="async" class="aligncenter size-full" src="https://defi-planet.com/wp-content/uploads/2025/12/Marshall-Islands-Launches-Worlds-First-Crypto-Enabled-Universal-Basic-Income-750x422.jpg" width="750" height="422"> 
Leverage trading in crypto caused <a style="color: #0000ff;" href="https://defi-planet.com/2026/01/crypto-traders-lose-billions-as-leverage-liquidations-surge/">billions in losses</a> as many retail traders were liquidated during wild price swings. Using high leverage increases both gains and losses, and forced liquidations can wipe out accounts in seconds. Experts advise using low leverage, strict risk management, and avoiding overnight positions to stay safe in trading. 
&nbsp; 
<ul> 
 <li style="font-weight: 400;" aria-level="1">PumpFun surpasses $2B daily volume on Solana, fueled by memecoin speculation (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/pumpfun-surges-past-2b-daily-volume-as-solana-meme-trading-reignites/">More</a>)</li> 
</ul> 
<img loading="lazy" decoding="async" class="aligncenter size-full" src="https://defi-planet.com/wp-content/uploads/2026/01/IMG_0301.jpeg" width="800" height="450">PumpFun <a style="color: #0000ff;" href="https://defi-planet.com/2026/01/pumpfun-surges-past-2b-daily-volume-as-solana-meme-trading-reignites/">recorded over $2 billion</a> in daily trading volume on Solana,&nbsp; with PumpSwap making up almost $1.95 billion of that. The surge pushed PumpFun to become Solana’s second-largest DEX by volume, behind Meteora. Strong fee generation and token buybacks continue to support PumpFun’s revenue and valuation growth. Infrastructure &amp; Tech 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Ethereum finalizes the Fusaka upgrade, boosting data availability by 133%. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/ethereum-finalizes-fusaka-scaling-milestone-with-bpo-2-implementation/">More</a>)</li> 
 <li style="font-weight: 400;" aria-level="1">Babylon raises $15M from a16z Crypto to expand BTC-native DeFi infrastructure. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/babylon-raises-15m-from-a16z-to-expand-bitcoins-role-in-onchain-finance/">More</a>)</li> 
 <li style="font-weight: 400;" aria-level="1">Flow discloses a $3.9M exploit linked to a Cadence runtime flaw. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/flow-details-3-9m-exploit-after-cadence-flaw-allowed-token-duplication/">More</a>)</li> 
</ul> 
Institutions &amp; Capital 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Morgan Stanley files for spot Bitcoin and Solana ETFs. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/morgan-stanley-files-for-bitcoin-solana-etfs-accelerates-retail-crypto-access/">More</a>)</li> 
 <li style="font-weight: 400;" aria-level="1">BlackRock’s spot Ethereum ETF pulls in $100M in a single day. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/blackrocks-ethereum-etf-secures-100-million-inflow-as-institutional-demand-surges/">More</a>)</li> 
 <li style="font-weight: 400;" aria-level="1">Ripple says it has no immediate IPO plans despite strong private funding. (<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/ripple-rules-out-ipo-for-now-prioritises-growth-and-integration-after-500m-raise/">More</a>)</li> 
</ul> 
<h2 id="b-regulation-policy-watch-b">Regulation &amp; Policy Watch</h2> 
Governments are tightening oversight as crypto adoption deepens globally. 
<ul> 
 <li style="font-weight: 400;" aria-level="1">India flags anonymity and offshore platforms as tax compliance risks. (More)</li> 
 <li style="font-weight: 400;" aria-level="1">U.S. Senate prepares to vote on the CLARITY Act. (More)</li> 
 <li style="font-weight: 400;" aria-level="1">South Korea considers preemptive freezes on suspected manipulation accounts. (More)</li> 
 <li style="font-weight: 400;" aria-level="1">Japan plans to regulate crypto under securities law. (More)</li> 
</ul> 
<h2 id="b-market-movers-winners-and-losers-b">Market Movers: Winners and Losers</h2> 
<h3 id="span-style-font-weight-400-top-5-gainers-img-src-https-s-w-org-images-core-emoji-16-0-1-72x72-1f4c8-png-alt-class-wp-smiley-style-height-1em-max-height-1em-span">Top 5 Gainers <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;">&nbsp;</h3> 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Islamic Coin +361.23%, from $0.00965803 to $0.04454568</li> 
 <li style="font-weight: 400;" aria-level="1">Torch of Liberty +182.29%, from $0.01168579 to $0.03298737</li> 
 <li style="font-weight: 400;" aria-level="1">Destra Network +168.18%, from $0.01645547 to $0.04413008</li> 
 <li style="font-weight: 400;" aria-level="1">Gunz +82.28%, from $0.01202044 to $0.02191029</li> 
 <li style="font-weight: 400;" aria-level="1">PONKE +115.09%, from $0.03128714 to $0.067295&nbsp;</li> 
</ul> 
<h3 id="span-style-font-weight-400-top-5-losers-img-src-https-s-w-org-images-core-emoji-16-0-1-72x72-1f4c9-png-alt-class-wp-smiley-style-height-1em-max-height-1em-span">Top 5 Losers <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;"></h3> 
<ul> 
 <li style="font-weight: 400;" aria-level="1">TronBank −77.17%, from $2.70 to $0.616343</li> 
 <li style="font-weight: 400;" aria-level="1">Audiera −37.73%, from $0.799320 to $0.497719</li> 
 <li style="font-weight: 400;" aria-level="1">Impossible Cloud Network Token −28.59%, from $0.524327 to $0.374431</li> 
 <li style="font-weight: 400;" aria-level="1">Nockchain −26.81%, from $0.03827455 to $0.02801362</li> 
 <li style="font-weight: 400;" aria-level="1">SQD −19.75%, from $0.084137 to $0.067521</li> 
</ul> 
Data source: <a href="https://www.coingecko.com/en/crypto-gainers-losers?time=d7">CoinGecko</a> 
&nbsp; 
<h2 id="b-project-spotlight-b">Project Spotlight</h2> 
<a style="color: #0000ff;" href="https://defi-planet.com/2026/01/binance-launches-tradfi-perpetual-contracts-settled-in-stablecoin/">Binance Launches USDT-Settled TradFi Perpetual Contracts for Gold and Silver</a> 
 Source: binance.com&nbsp; 
Binance now <a style="color: #0000ff;" href="https://defi-planet.com/2026/01/binance-launches-tradfi-perpetual-contracts-settled-in-stablecoin/">offers</a> TradFi Perpetual Contracts, letting users trade assets like gold and silver with USDT-settled perpetual futures. The first contracts, XAUUSDT and XAGUSDT, allow 24/7 trading, leverage, and have no expiry dates, so there’s no need for rollovers. Launched through Nest Exchange Limited and regulated by Abu Dhabi Global Market (ADGM), this product brings together crypto-style access and traditional asset exposure. It also includes advanced pricing, volatility controls, and risk management to keep trading stable. 
Why It Matters: This launch connects traditional finance and crypto, giving more people access to regulated TradFi derivatives and showing how stablecoins can support nonstop global trading. 
&nbsp; 
Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.&nbsp; 
If you want to read more market analyses like this one, visit <a style="color: #0000ff;" href="https://defi-planet.com/">DeFi Planet</a> and follow us on<a href="https://twitter.com/PlanetDefi"> Twitter</a>,<a href="https://www.linkedin.com/company/defi-planet/"> LinkedIn</a>,<a href="https://www.facebook.com/DeFi-Planet-129907662611402"> Facebook</a>,<a href="https://www.instagram.com/defi.planet/"> Instagram</a>, and<a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/"> CoinMarketCap Community</a>. 
The post <a href="https://defi-planet.com/2026/01/your-weekend-crypto-roundup-january-2026-week-2/">Your Weekend Crypto Roundup | January 2026 (Week 2)</a> appeared first on <a href="https://defi-planet.com">DeFi Planet</a>.

Your Weekend Crypto Roundup | January 2026 (Week 2)

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