On January 31 2026, the European Commission announced that 12 EU member states will receive formal warning letters for not fully implementing new crypto tax reporting rules. The notices give Belgium, Bulgaria, Czechia, Estonia, Greece, Spain, Cyprus, Luxembourg, Malta, the Netherlands, Poland, and Portugal two months to correct shortcomings or risk escalation. The Commission also sent a separate letter to Hungary over national rules affecting exchange validation services, citing possible non-compliance with the EU's MiCA framework.

On 10 October, leveraged crypto positions worth about $19 billion were liquidated in what was described as the industry's largest single-day wipeout, and former Binance CEO Changpeng Zhao has now dismissed accusations that the exchange triggered the crash. He said during a Q&A on Binance's social platform that the allegations are unrealistic, noting the firm paid around $600 million to users affected by system issues and operates under oversight in Abu Dhabi and the United States. Zhao also discussed organized online attacks targeting him, shifting views on a potential Bitcoin supercycle, and highlighted Binance's proof-of-reserves and past ability to process more than $15 billion in withdrawals without halting services.

The latest crypto market structure points to a transition phase, with XRP's multimonth sell-off showing signs of exhaustion while Shiba Inu remains stuck in a broader downtrend. XRP is compressing near a historically active zone and trading on lighter downside volume, whereas SHIB continues to face resistance from downward-sloping moving averages. Bitcoin is still seen as relatively stable as long as its price stays above the key $80,000 support region, framing the current move as a correction within a larger consolidation.

On January 30, 2026, GameStop rose 5% after CEO Ryan Cohen said the company is pursuing a much larger public consumer acquisition he described as transformational. His equity award vests only if valuation reaches $100 billion and total EBITDA hits $10 billion. GameStop holds over $9 billion in cash and marketable securities, some in bitcoin.

Sandisk guided third‑quarter earnings to $12–$14 per share, far above a $4.95 expectation, sending the stock up as much as 25% on Friday before easing. Since its February 2025 IPO, shares have surged more than 1,600%, with analysts lifting targets on AI‑driven NAND demand as the stock trades around 15x expected earnings.

Binance released a post-mortem on the 10 October 2025 crypto flash crash, asserting that macroeconomic shocks and market-wide risk controls, not exchange failures, drove the $19.25 billion liquidations. The exchange said 75% of industry liquidations occurred before its localized issues at 21:36 UTC, and CoinGlass data showed the peak at 01:00 UTC.

In early 2026, XRP's price slipped about 4% even as on-chain data showed a net gain of 42 wallets holding at least 1 million XRP, pointing to renewed accumulation by large holders. Shiba Inu's price has compressed into a symmetrical triangle after a prolonged downtrend, indicating seller fatigue and gradually rising lows. Dogecoin, meanwhile, pulled back from a $0.127 high amid profit-taking, even as BitMEX futures volume surged 10,782% to $200.98 million and overall crypto liquidations climbed to over $509 million in 24 hours.

The U.S. SEC and CFTC have jointly relaunched Project Crypto to better coordinate how digital assets are regulated and supervised. In a January 29 statement, the agencies outlined plans to harmonize rules, update surveillance tools, and create clearer compliance pathways for crypto businesses. The initiative aims to support innovation in on-chain trading, clearing, settlement, and custody while maintaining investor protection and U.S. financial market leadership.