In early 2026, Bitcoin accumulator addresses experienced a significant increase in holdings, rising from approximately 230,000 BTC to 370,000 BTC within the first ten days of January. This notable uptick stands in stark contrast to the fluctuations observed in Q4 2025, where holdings remained between 120,000 to 230,000 BTC. These accumulator addresses, characterized by their lack of outflows and a minimum balance requirement, indicate that long-term holders are actively purchasing Bitcoin and absorbing available supply, especially as the cryptocurrency’s price stabilized around the $90,000 mark.
In regulatory news, Crypto.com has received conditional approval to operate as a Virtual Asset Service Provider (VASP) in the Cayman Islands. Additionally, the Crypto.com Exchange made headlines as the first platform to go live with Lynq.US for spot Bitcoin ETFs. Despite this positive momentum in some areas, the broader cryptocurrency market faced challenges last week. Spot Bitcoin ETFs experienced a net outflow of $681 million, while Ethereum ETFs saw a net outflow of $69 million, contrasting sharply with net inflows of $459 million and $161 million, respectively, during the prior week.
On the macroeconomic front, US nonfarm payrolls data revealed a modest increase of 50,000 jobs in December, falling short of the Dow Jones estimate of 73,000 and indicating weaker-than-expected job creation. The US ISM manufacturing PMI also dropped to 47.9, marking its lowest point since October 2024, as businesses continue to navigate the impacts of past tariff policies. The CME FedWatch Tool suggested that the probability of a rate cut in January had decreased to 4%, down from 17% the previous week.
Several industry updates surfaced within the cryptocurrency sphere. Ethereum raised its blob target to 14 and its blob limit to 21, while Ripple secured registration with the UK FCA under money laundering regulations. Solana Mobile’s SKR token is set to launch on January 21. However, the Zcash community faced turmoil as the Electric Coin Company, responsible for Zcash’s core development, abruptly announced its entire team’s departure, leading to a sharp price plunge on January 8.
Looking ahead, key economic indicators are on the horizon, including the US Consumer Price Index, Producer Price Index excluding food and energy, Retail Sales, and China’s Q4 GDP.
Market analysis from the past week shows a decrease in the price index by 0.59%, although both trading volume and volatility rose by 13.72% and 46.62%, respectively. Bitcoin and Ethereum prices declined by 0.6%, while tokens such as ONDO and DOGE declined significantly. Bitcoin managed to rise above the $94,000 level before retracing to $90,000, influenced by lower-than-expected job growth figures and diminished expectations for interest rate cuts.
In terms of volatility, XRP and SOL saw notable increases, with XRP soaring by over 100%. The cryptocurrency landscape appears mixed, as Bitcoin and Ethereum prices witnessed declines alongside varying performances among top-cap tokens. Polygon Labs contributed to the market’s uptrend with the announcement of the Open Money Stack, a stablecoin payment system anticipated for later in the year.
As various aspects of the crypto market continue to evolve, stakeholders are encouraged to stay informed through exclusive reports and insights available via subscription services. Feedback from users is sought to enhance these offerings further.
