On the night of January 21, several key developments unfolded across the crypto and global economic landscape:
- A major investment firm, Strategy, spent approximately $2.13 billion last week to acquire 22,305 BTC, signaling strong institutional confidence in digital assets.
- Danish pension fund Akademiker Pension announced plans to exit the U.S. Treasury market, potentially reallocating capital toward higher-growth opportunities.
- Mining giant BitMine added roughly 35,200 ETH to its holdings last week, bringing its total ETH stash to over 4.2 million, reinforcing its market dominance.
- Trump Media & Technology Group set the registration date for its digital token initiative on February 2, sparking speculation over the platform’s future.
- CFTC Chair Rostin Behnam appointed crypto attorney Michael Passalacqua as a senior advisor, strengthening the agency’s expertise on blockchain regulation.
- Behnam also noted that Congress is nearing passage of the Digital Asset Market Structure Act, a potential game-changer for crypto compliance and oversight.
- Meanwhile, former President Trump stated that even if the Supreme Court curtails federal tariff powers, alternative measures remain available to achieve policy goals, drawing market attention to potential economic shifts.