SundayDegen

The cryptocurrency market experienced a positive upswing on January 22, 2026, with Bitcoin Surpassing $90,000 following the U.S. cancellation of tariffs on Europe. Significant gains were observed in various altcoins, indicating renewed investor interest.

Cryptocurrency asset company BitGo has gone public on the New York Stock Exchange, becoming the first IPO in 2026. The stock surged to $24.50 after opening but closed just 2.7% above the offering price. The IPO saw strong demand, with a 13-fold oversubscription. BitGo has strong profitability but still faces regulatory risks, and the CEO remains optimistic about the market outlook.

On January 23, 2026, the crypto market showed dynamic movements with altcoins like 0G, STG, and ZRO experiencing double-digit gains. Tiger Research predicts Bitcoin may reach $185,500 in Q1 despite ETF outflows and short-term resistance.

The Central Bank of Iran secretly accumulated over $500 million in USDT stablecoins to counter the depreciation pressure on the Rial. Analysis indicates that these funds flowed in through Nobitex and may be used to inject dollar liquidity into the market. Elliptic warns that despite the complex flow of funds, they can still be traced on public blockchains, and Tether has frozen tokens in related wallets, demonstrating that sanctions are still enforceable.

The Central Bank of Iran secretly collected over $5 million in stablecoins (approximately 8 trillion Indonesian Rupiah) to evade international sanctions and stabilize the Rial exchange rate. Analytics firm Elliptic pointed out that these funds mainly exist in the form of USDT and flow through Iran's largest cryptocurrency exchange, Nobitex. As the Rial faces increasing depreciation pressure, the CBI may use this strategy to inject dollar liquidity, but related transactions remain traceable.

On January 22, 2026, the crypto market rebounded, with Bitcoin briefly surpassing $90,000 following the U.S. cancellation of tariffs against Europe. Positive sentiment boosted major altcoins, including ETH, XRP, and SOL, while altcoins like ROSE, GUN, and ALCH saw significant increases.

The crypto market today sees significant movements with altcoins like 0G, STG, and ZRO experiencing double-digit gains. Analysts predict Bitcoin could reach $185,500 in Q1 despite current market challenges. Inflation data impacts Bitcoin's price.

On January 23, 2026, the crypto market showed dynamic movements, with altcoins like 0G, STG, and ZRO gaining momentum. Predictions for Bitcoin suggest a potential rise to $185,500, despite some short-term challenges. Notably, inflation data influenced Bitcoin's price fluctuations, while institutional accumulation continues.

The Central Bank of Iran has quietly amassed over $500 million in USDT stablecoins, reportedly to bypass international sanctions and stabilize its currency amid significant rial depreciation.