Tether reported more than $10 billion in net profit for 2025, about $3 billion below the $13 billion it booked in 2024, with figures verified in a BDO-prepared report. The company said direct exposure to U.S. Treasuries surpassed $122 billion, total assets rose by $49.17 billion year over year, and roughly $50 billion in new USDt was issued over the past twelve months.

On 31 January 2026, ARK Invest's tokenization research indicated that RWAs scale fastest where structures are simple and liquid. By end-2025, public-chain RWA value reached roughly $19 billion, with commodities growing over 60% QoQ to about $3.5 billion. The report points to tokenized money as the next unlock for fully on-chain markets.

In a late-Friday vote, the U.S. Senate passed a bipartisan stopgap funding bill 71–29 to head off a full federal shutdown. Lawmakers cautioned a short lapse could still happen over the weekend before House consideration, while debate intensified over Department of Homeland Security funding and new limits on federal immigration enforcement.

On October 10, 2025, OKX CEO Star Xu publicly argued that Binance's USDe promotion was a key driver behind a sharp crypto flash crash that erased about $19 billion in positions in a single day. The event saw assets such as BTC and ETH slump as USDe allegedly depegged by 35% on Binance and has since fueled debate over centralized exchanges, risk management practices, and the future direction of crypto markets.

Gold and silver set new records in 2026, while Bitcoin’s October 2025 ATH above $126,000 was followed by weakness. According to analyst Mark Chadwick on X this week, the metals’ surge and Bitcoin’s lag form an unusually wide divergence that could precede rotation into crypto. His mapping outlines a 91.60% move toward $170,000 from the $82,000 area.

On January 31 2026, analysts at JPMorgan said Bitcoin futures are likely oversold, whereas gold and silver futures appear overbought. They observed that since mid-2025, investors have increasingly redirected funds from Bitcoin ETFs into gold and silver ETFs, with gold ETF inflows nearing $60 billion by year-end. Using futures positioning and liquidity metrics, the team sees scope for short-term profit-taking in precious metals but remains structurally positive on gold.

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.