🗞️ Crypto Daily | January 25, 2026 1. Price movements of major currencies • Bitcoin (BTC): Currently trading around $89,138, down slightly by 0.3% in the last 24 hours. Previously, Bitcoin's price fluctuated sharply due to geopolitical tensions between the US and Iran. • Ethereum (ETH): Remains at $2,950, with no significant fluctuations over the past 24 hours. • Altcoins: Most major coins are trading sideways or experiencing slight declines. BNB is at $889 (-0.25%), XRP is at $1.91 (-0.18%). Notably, Zcash (ZEC) shows signs of a recovery of approximately 15% after a bear trap phase. 2. Key legal and market news • Draft Crypto Market Structure Act: A key Senate hearing is scheduled for next week to discuss the Digital Commodity Exchange Act , which could give the CFTC exclusive authority to regulate the spot crypto market. • Global Regulation 2026: A report from PwC predicts that 2026 will be the year when major crypto regulations come into effect globally, reshaping the stablecoin landscape and compliance requirements. • BitGo IPO: Cryptocurrency custody company BitGo successfully raised $212.8 million, valuing the company at $2.08 billion, marking the first crypto IPO of 2026. • Institutional investment: JPMorgan forecasts that institutional investors will be the main driving force behind cryptocurrency market growth throughout 2026. • Memecoin PENGUIN: Soars 564% after a White House social media post. 3. Upcoming Trends • Altcoin Season Index: Currently remains low compared to Bitcoin • Market Outlook: Experts expect macroeconomic events and decisions on the legal framework in January 2026 to Vai as important catalysts for long-term price trends.