Many cryptocurrency traders are still waiting for the next altcoin season to begin, Arthur Hayes said it has been underway since the beginning.
"There is always an altcoin season... and if you always say there is no altcoin season, it's because you didn't take advantage of what went up," Hayes said during a podcast interview published on YouTube on Thursday.
Hayes stated that many traders still expect the altcoin season to unfold in the same way as in previous years, assuming that the same cryptocurrencies and narratives will repeat. "We wanted it to be like the previous altcoin season because then we felt we knew what we had to do," Hayes said.
The word "HODL" stopped being a typographical error a long time ago. It has become a battle cry, a mantra for those who believe that bear markets are just temporary pauses on the road to success.
What the former CEO of Binance ironically recalled when taking — or attributing — the following quote to Churchill: "Success is not final, failure is not fatal: what matters is the courage to HODL."
Behind this conscious joke lies an unrelenting truth: volatility is not an anomaly of the crypto market, it is its nature. HODL is more than investment advice; it is a philosophy that mixes patience, trust, and long-term vision. When everything wobbles, some sell in panic. Others, the "hodlers," grit their teeth and hold the position.
Global Crash: $240B wiped out, BTC falls to $81k and Gold/Silver retreat
The market crash wiped out more than $240 billion. The total market capitalization fell from $3.04 trillion to $2.80 trillion. The massive liquidations of BTC, ETH, XRP, SOL, and other altcoins, including perpetuals of gold and silver, erased all recent gains. The price of Bitcoin broke several supports and fell more than 7%, reaching a low of $81,087 today. The Fear and Greed Index reached "extreme fear" levels of 16, evoking previous deleveraging events.
BTC at $83k: Deribit analysts detect defensive hedging and WLD drops 21%
Bitcoin is trading at $83,127, below $90,000. Despite the retracement, positioning remains structurally bullish (PCR options of 0.48). However, demand for downside protection has significantly increased ahead of the expiration. Greeks.live reported that BTC retraced to its consolidation range with $90,000 as a strong resistance. Analysts warn that recent large-scale institutional outflows to exchange platforms have increased liquidity pressures.
Geopolitical Tensions, the Fed, and Liquidations: Bitcoin falls below $85,000
The price of Bitcoin fell more than 5% on Thursday, reaching $84,663, its lowest closing price since December 19. This drop occurred after trading at nearly $90,400 the day before, highlighting the rapid reversal. The asset is now well below its all-time high (ATH) of $126,000. Losses extended beyond Bitcoin, affecting the cryptocurrency market in general; Ethereum, Cardano, XRP, and Solana fell by at least 6%.
The data speaks for itself: Solana has lost 68% of its validators since its peak in March 2023. Only 795 active validators remain today. This hemorrhage is explained by the rising operational costs and fierce competition in fees, which makes activity unprofitable for small operators. The Nakamoto coefficient, a key indicator of decentralization, has also fallen by 35%, from 31 to 20. This means that the network is more vulnerable to a concentration of power!
The Plasma protocol continues to break paradigms at the start of 2026. With Plasma One allowing the sending of USDT without paying gas and with a yield of 10%, the network already manages more than $2,000 million.
However, not everything is rosy: investors are scrutinizing July 28, 2026, the date when 2,500 million XPL tokens will be unlocked.
Will the real adoption of its payment cards be able to absorb this selling pressure, or will we see a deep correction?
If 2025 was the year of record revenue for Paul Faecks, this beginning of 2026 is marked by one word: Adoption. While most blockchain networks compete to be the fastest "on paper", the Plasma protocol has decided to win the race on the street.
The biggest obstacle for the average user to use crypto has never been speed, but complexity. With the launch of Plasma One, the protocol introduces a user experience that feels like a traditional banking app, but with the engine of a high-performance Layer 1 (L1).
Trump, Iran and Crypto Regulation: Crisis or Opportunity?
The Senate Agriculture Committee approved the "Digital Commodities Intermediaries Act" in a party-line vote of 12 to 11, a first step in the Senate to pass legislation on market structure this year. The bill's focus is on the CFTC's regulatory authority over the cryptocurrency and cryptoassets industry. Attention will now turn to the cryptocurrency portion of the bill from the Senate Banking Committee, whose approval is unlikely until late February or March. A potential U.S. government shutdown at the end of the week could further delay the legislative process.
The Fed Freezes Rates: BTC Struggles, Hyperliquid Cuts HYPE
Data from the Department of Labor shows that initial unemployment claims for the week ending January 24 were 209,000, suggesting a stabilization of the labor market, exceeding estimates of 205,000. This advance comes just one day after the Fed kept rates stable, with Jerome Powell indicating that future cuts will depend on a weaker labor market. Cryptocurrency traders are currently betting that the Fed will keep rates stable until the June FOMC meeting.
According to data from CoinMarketCap, Worldcoin, now rebranded as World token, has risen more than 15% in a day. It is currently trading at $0.5189, and has increased by 10% and 7% over the last week and month, respectively. Today, the price of the WLD token reached a weekly high of $0.6427, representing an impressive increase of 40%.
This positive momentum is also reflected in trader sentiment, with a 24-hour volume that surged an impressive 818% to reach the current $687 million. This indicates that the cryptocurrency is experiencing renewed optimism, as traders actively engage with WLD.
The SEC publishes an updated standard for tokenized securities
In its press release, the United States Securities and Exchange Commission (SEC) stated that a tokenized security remains a valid security under U.S. law, regardless of how cryptocurrency records may interpret it. The agency seems to opine that, while the form of tokenized securities is changing, these assets will remain within the SEC's jurisdiction.
The new update comes at a time when the agency seeks to clarify rules regarding assets in the country. Last month, the SEC and the Federal Reserve announced key changes to their policies to promote tokenization and institutional participation in general.
Plasma is the L1 of the future, focused on RWA and payments with stablecoins. With no fees on simple transactions, it allows companies like ConfirmoPay to process over $80M monthly.
With yields of 10%+ and 4% cashback, it offers efficiency and profitability. Its institutional focus sets it apart from other networks. Will it be the dominant L1 for global finance?
Plasma: The L1 optimized for stablecoins challenges traditional networks
The t-19/ma network positions itself as a sovereign Layer 1 chain with a singular focus: optimization for payments with stablecoins, RWA, and institutional decentralized finance (DeFi). Unlike general-purpose networks that suffer from congestion, Plasma offers fee-less transfers for simple transactions, making it a magnet for real commercial use.
Accelerated Commercial Adoption and T+0 Solutions Data from January 2026 shows that the commercial adoption of Plasma is booming: ConfirmoPay is already processing over $80 million dollars monthly in fee-less payments with USDT for e-commerce and payroll. Integrations with Oobit and Crypto.com also make USDT on Plasma usable in conventional financial rails.
Jerome Powell: "A weak labor market will justify further rate cuts."
During his FOMC press conference, the Fed chairman stated that a weak labor market would justify further rate cuts. However, they will keep interest rates stable if the labor market remains strong, even if inflation remains high.
Your comments came after the Federal Reserve meeting, where the FOMC decided to keep interest rates unchanged in the target range between 3.50% and 3.75%. The committee noted that the unemployment rate has shown signs of stabilization, while inflation remains somewhat elevated.
RWA War: Ripple Treasury vs Solana and Institutional Dominance
Ripple has launched Ripple Treasury, a new platform that combines GTreasury software with Ripple's blockchain technology, an important step in the company's expansion into institutional finance. The platform, resulting from the acquisition of GTreasury for $1,000 million, aims to facilitate cash and digital asset management for global companies, eliminating the need for pre-financing.
Institutional interest is clear: XRP spot ETFs recorded a net inflow of $9.16 million on January 27, reflecting strong demand, despite Bitcoin and Ethereum ETFs seeing net outflows on the same day.
Trump threatens Iran: Gold hits a new record of $5,300, but BTC shows a risk
In a Truth Social post, President Trump warned that a "massive Armada" is heading to Iran, hinting at a possible attack and urging to negotiate a nuclear deal. This warlike rhetoric, which alludes to the "Midnight Hammer Operation", has heightened geopolitical tensions. The price of Bitcoin fell below $90,000 after the threat. BTC is at risk of falling, especially considering how the leading cryptocurrency reacted when the United States attacked Iran last year for its failure to reach a nuclear weapons deal; at that time, the event triggered a risk aversion and BTC fell significantly below $99,000.
Tom Lee: Gold is a "Genuine Giant", but the PENGU rally has a hidden engine
Investors are increasingly turning to precious metals as gold and silver reach historic highs. In this context, Tom Lee, head of research at BitMine, states that the trend indicates something more than mere short-term speculation; it is a "real and genuine asset class" driven by geopolitical uncertainty, dollar weakness, and moderate central bank policies.
Lee insists that this is not bad for stocks, but he does highlight that the performance of cryptocurrencies has lagged. Historically, periods when metals rise sharply are often followed by gains in Bitcoin and Ethereum once the metals stabilize.
Crypto Market Up: BTC Surpasses $90,000 with Gold at Record and the Fed in Focus
The cryptocurrency market is experiencing a notable increase today, driven by several key developments. With the FOMC meeting of the Federal Reserve held today, cryptocurrency markets are preparing for possible changes in policies. Investors are eagerly awaiting any signals regarding interest rates and the opinions of Jerome Powell. The bill on the structure of the cryptocurrency market will be voted on tomorrow by the United States Senate, adding regulatory uncertainty.