Weekly Recap | Spot DOGE ETF Goes Live, UBS Expands Crypto Services, Echobit New Year Campaign Launc
2026.01.26
Week in Review (Jan 19 – Jan 25)
Last week, global macro uncertainty and shifting policy expectations continued to weigh on market sentiment. Tightening liquidity and complex supply dynamics kept crypto markets in a volatile range-bound structure. According to Glassnode, recent rallies repeatedly faced selling pressure near the cost basis of recent buyers, highlighting persistent supply-side resistance.
Over the weekend, renewed concerns around Trump-related tariff rhetoric and potential U.S. government shutdown risks pushed markets into a more defensive posture, triggering a notable pullback in total crypto market capitalization.
This recap reviews the key developments from the past week and outlines what to watch next.
Market Pulse
R3 announced plans to pivot toward a Solana-based tokenized and on-chain capital markets platform
A World Gold Council survey shows 95% of central banks plan to continue increasing gold reserves
Colombia’s second-largest pension manager AFP Protección plans to launch a Bitcoin exposure fund
Nasdaq filed with the SEC to remove position limits on Bitcoin and Ethereum ETF options
The Dogecoin Foundation-backed 21Shares Spot DOGE ETF officially listed on Nasdaq
F/m Investments filed a proposal with the SEC for a tokenized equity pilot program
Trump Media & Technology Group confirmed February 2 as the registration date for its digital token initiative
The New York Stock Exchange disclosed ongoing development of a tokenized securities platform
Funding & M&A
A total of 13 funding rounds were completed last week, raising over $220 million, primarily across DeFi and AI sectors
Tokenization-focused fintech Superstate raised $82.5 million in a Series B round
River secured $12 million in strategic funding
Bitcoin payments startup ZBD closed a $40 million Series C round
Argentine payments platform Pomelo raised $55 million in Series C funding
AI-native content creation engine AKEDO raised $5 million in seed funding
Policy & Compliance
UBS plans to offer crypto trading services to select clients
Grayscale filed an S-1 registration statement for a proposed BNB ETF
The U.S. SEC dropped its lawsuit against Gemini Earn
The UK FCA entered the final stage of its crypto regulatory consultation
India confirmed a ban on privacy coins, requiring exchanges to delist anonymous tokens
Vietnam launched a pilot licensing framework for crypto asset trading platforms
South Korea plans to lift the “one exchange, one bank” restriction
Echobit Highlights
The Echobit Community Boost Challenge launched, rewarding collective participation
The 100U Eyesight Challenge went live, inviting users to solve number-based puzzles
The 400U Follow-to-Unlock Challenge continues, with rewards scaling by engagement
The 10 BTC Year-End Carnival remains ongoing, with larger prize pools unlocked by trading volume
The New Year Gift Party kicked off with multiple festive interaction campaigns
The 100U FAQ Pick Challenge invites users to engage through curated questions
The Echobit Quiz Challenge launched, testing crypto knowledge through interactive Q&A
Week Ahead (Jan 26 – Feb 1)
FOMC interest rate decision announcement
U.S. initial jobless claims for the week ending Jan 24
U.S. December PPI data release
Federal Reserve Chair Powell’s monetary policy press conference
Earnings reports from Meta, Microsoft, Tesla, and Apple
Large one-time token unlocks expected for SUI, SIGN, and EIGEN
Echobit will continue tracking global crypto trends, regulatory shifts, and capital flows to help you navigate market uncertainty with clarity.