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Blackstone’s (BX) real estate investment vehicle BREIT claims to have an 8.1% return in 2025, which would represent sizable outperformance over public REITs. The average REIT was down in 2025, and even cap-weighted indexes, such as the Vanguard REIT ETF (VNQ), that benefited from mega-cap REIT outperformance, had quite modest returns. VNQ returned 4.17% inclusive of dividends.

SA

Blackstone suggests that its outperformance stems from superior asset selection. They directly compare their performance to that of publicly traded REITs and claim 70% outperformance.

BX

Note this is 70% higher, not 70 percentage points.

BX

While I admire Blackstone’s salesmanship and ability to raise tremendous amounts of AUM, I want to set the record straight on their performance.

Total return is a very different figure for public REITs than it is for private REITs.

Private Versus Public—What Total Return Means For public markets, there is an established methodology for calculating returns, and it can be verified by the market prices of the stocks. For an individual stock, one can calculate total return by comparing the price at the end of 2025 to the price at the start of 2025 and adding dividends. A portfolio’s performance can be measured similarly by taking the sum product of each position’s return and the weights.

For active portfolios, there is a bit more to it, as one has to factor in trade dates and pricing at the time of each trade, but this has all been standardized. Returns are a factual figure that can be verified.

Private equity has a bit more leeway in the way they report returns, as it is not based on a visible barometer but rather their internal evaluation of NAV. As such, the 2025 total return of BREIT is a comparison of what Blackstone thought those assets were worth at the end of 2024 and what Blackstone thinks they are worth at the end of 2025.

Both figures are a bit fuzzier and harder to verify than they are with public markets.

We think Blackstone’s use of the term outperformance is misleading because it is not an apples-to-apples comparison. They are comparing estimated asset value (BREIT NAV) to public market pricing (publicly traded REITs).

If we dig a bit deeper, I think it becomes clear that this “outperformance” is a meaningless figure. It says quite a bit more about the spread between public REIT prices and NAV of real estate than it does about BREIT’s performance.

Asset Weights and How Each Asset Type Performed BREIT puts out a nice breakdown of their property sector weights.

BX

We shall now look at the performance of these various asset classes.

As seen on the graph above, Rental housing, industrial, and data centers are the top exposures for BREIT.

Single-family rental was a tough sector in 2025. A wave of supply put pressure on asking rents. We go into greater detail here. As stated in that article, we may look to get into single-family rental now that the pricing on the sector is much cheaper, but it was not a good place to be at the start of 2025. American Homes 4 Rent (AMH) and Invitation Homes (INVH) were each down substantially in 2025.

SA

Multifamily apartments are another big contingent of BREIT’s rental housing. That sector was also tough due to a similar supply wave. Asking rents for apartments nationally were flat to slightly down in 2025. As one would expect in such an environment, the big apartment players were down significantly, with Camden (CPT), Equity Residential (EQR), and Avalon Bay (AVB) down 4%, 10%, and 16%, respectively.

SA

Industrial appears to be the bright spot in BREIT’s portfolio. While industrial had a similar supply wave, there was enough positive mark-to-market of rent that NOI for the sector still increased nicely. Industrial REITs were up about 17% in 2025.

S&P Global Market Intelligence

Data centers are a major component of BREIT at 21% of their portfolio. While the sector is hot due to the AI buildout, valuation matters, and at the start of 2025, data centers were trading at sky-high valuations. One could buy data centers as Blackstone did, but to do so, you had to pay a massive premium. Flocking to the hot sector comes with quite a price tag.

Thus, even though data center fundamentals are strong, the sector suffered in 2025. The biggest and best players traded down severely. Equinix (EQIX) and Digital Realty (DLR) dropped 19% and 13%, respectively, in 2025.

SA

We like strong fundamentals, but we also like value, so we waited until AFTER the price drop in Equinix to jump in.

The other large portions of BREIT are student housing and affordable housing. There is no clear public proxy for student housing as the last student housing REIT, American Campus Communities (formerly ACC), went private in 2022.

The best proxy for affordable housing would be manufactured housing and RVs, with the large-cap REITs in the space being Sun Communities (SUI) and Equity Lifestyle (ELS). Each performed rather poorly in 2025.

SA

BREIT’s “Outperformance” is Really Just a Differing Reporting Methodology In looking at each of BREIT's main portfolio concentrations, only industrial performed well in 2025. Data centers, apartments, single-family rentals, and affordable housing were all down substantially in 2025.

So how does Blackstone come up with the +8.1% figure?

It comes down to a methodology difference. Real estate fundamentally performed well in 2025. The weakness in publicly traded REITs was related to them getting cheaper relative to the underlying value of their assets.

Publicly traded REITs now trade at a massive discount to net asset value. The median REIT trades at 83% of NAV. Many trade for less than 70% of NAV.

Thus, it is not that BREIT outperformed on a fundamental or NAV basis. Instead, publicly traded REITs simply traded down relative to their NAV.

It strikes me as reasonable that the asset value of BREIT could have risen by 8.1% (inclusive of dividends paid) in 2025. It is not inherently an outrageous figure.

Real estate in general tends to return north of 8% annually. Publicly traded equity REITs averaged compound annual returns of 9.3% over the last 40 years.

In 2025, publicly traded REITs gained somewhere in the ballpark of 8%-9% in fundamental asset value.

The difference is that public REIT returns are reported based on market pricing while BREIT’s returns are reported based on estimated asset value.

Thus, I do not see it as outperformance. Both BREIT and public REITs performed reasonably well fundamentally. The delta in the 2025 return is simply a difference in reporting methodology.

In this article, we compared BREIT’s sectors to the publicly traded performance of the highest caliber REITs.

BREIT employs intelligent people for asset selection. I have no doubt they do a competent job of choosing which properties to buy.

However, in my opinion:

It is unrealistic to think their data center selection and management are superior to that of Equinix, which is the preeminent global leader in data centers. It is unrealistic to think their single-family rental platform is better than those of Invitation Homes and American Homes 4 Rent, which boast the highest margins in the business. It is unrealistic to think BREIT can better acquire and manage industrial real estate than behemoths like Prologis (PLD), who literally wrote the white papers that define the sector. Outperformance of private equity is merely an illusion created by volatile market pricing of publicly traded stocks.

The sales team at Blackstone is correct to spin it as outperformance. That is their job.

It is the job of investors to see through it and invest in what is most opportunistic at any given moment.

BREIT is an entirely reasonable vehicle. Their fees are a bit high, but it is generally an okay place to invest.

However, timing matters, and the worst time to invest in private equity is when it is priced at a huge premium to public equivalents.

Why buy shares of BREIT at 100% of NAV (before fees and above 100% after fees) when you can buy high-quality publicly traded companies at large discounts to NAV? Private equity REITs generally underperform public equity REITs, and the underperformance is greater when the private vehicles are trading at a premium to the public vehicles.

This pattern has played out before.

In December 2022, we had similar gripes with the way BREIT was priced at a vast premium to public REITs.

“Over time, public and private valuations realign, and that means there will be a 30% delta in the other direction. Either private market NAVs are coming down or public market REITs are coming up or some combination of the 2.”

Indeed, BREIT has performed quite poorly since December 2022.

BREIT Performance BX

Source: Blackstone

We view today as a similar setup.

BREIT is trading at a premium to public companies in the same asset classes and is thus positioned to underperform going forward.

The Actionable Conclusion Shares of BREIT are redeemable, and importantly, redemption is at the NAV stated by Blackstone.

This allows investors to cash out at what is functionally full NAV and reinvest that capital in public REITs in the same property sectors at much more attractive valuations.

Impact on Blackstone While I think investors would be wise to consider cashing out of private equity, there is no reason to believe that is actually going to happen at a mass scale.

Blackstone has proven time and time again that they are a capital-raising machine. They are remarkably adept at raising AUM, and that is ultimately the driver of BX. Thus, I am bearish on BREIT and "Neutral" on BX.

New York, New York--(Newsfile Corp. - January 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of America's Car-Mart, Inc. (NASDAQ: CRMT) resulting from allegations that America's Car-Mart may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased America's Car-Mart securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=46025 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On September 4, 2025, during market hours, Benzinga published an article entitled "America's Car-Mart Stock Plunges After Sales Volume Dip, Delinquency Uptick." The article stated that America's Car-Mart, Inc. stock was trading "lower after the company reported first-quarter results. The company reported a first-quarter loss of 69 cents per share, compared with a net loss of 15 cents per share in the year-ago period."

On this news, America's Car-Mart's stock fell 18.2% on September 4, 2025.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its wholly-owned subsidiary, will redeem on February 1, 2026, the full $1,500,000,000 outstanding aggregate principal amount of its 4.750% Senior Notes due 2028 (CUSIP No. 87264A AV7) (the “2028 notes”) and the full $1,500,000,000 outstanding aggregate principal amount of its 4.750% Senior Notes due 2028-1 held by Deutsche Telekom AG (collectively with the 2028 notes, the “notes”), at a redemption price equal to 100% of the principal amount of the notes being redeemed, plus accrued but unpaid interest to, but not including, the redemption date.

Payment of the redemption price for the 2028 notes will be made through the facilities of The Depository Trust Company. Deutsche Bank Trust Company Americas is the trustee and paying agent for the notes.

This press release shall not constitute a notice of redemption with respect to the notes. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, the related guarantees or any other securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

No representation is made as to the correctness or accuracy of the CUSIP number for the 2028 notes listed above. The CUSIP number is included solely for the convenience of the holders of 2028 notes.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on T-Mobile management’s current expectations. Such statements include, without limitation, statements about the planned redemption of the notes. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including, without limitation, market disruptions and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect T-Mobile and its results is included in T-Mobile’s filings with the Securities and Exchange Commission, which are available at http://www.sec.gov.

More News From T-Mobile US, Inc.

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The company posted a fourth-quarter profit of $226 million, up from $202 million a year earlier.

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Car-Mart (CRMT) To Contact Him Directly To Discuss Their Options

If you purchased or acquired stock in Car-Mart and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against America’s Car-Mart, Inc. (“Car-Mart” or the “Company”) (NASDAQ:CRMT) on behalf of Car-Mart stockholders. Our investigation concerns whether Car-Mart has violated the federal securities laws and/or engaged in other unlawful business practices. Investigation Details:

On July 15, 2025, Car-Mart disclosed it would delay filing its annual report because “management identified the need to enhance disclosures related to loan modifications for borrowers experiencing financial difficulty.”On this news, Car-Mart’s stock price fell $3.12, or 5.2%, to close at $57.26 on July 15, 2025, thereby injuring investors.Then, on July 30, 2025, the Company disclosed that it had “concluded that certain previously issued financial statements should no longer be relied upon,” due to omissions in “disclosure related to loan modifications made to borrowers experiencing financial difficulty” including the “qualitative and quantitative information about the types of modifications utilized by the Company,” “the financial effect of the modification by type of modification,” “receivable performance in the 12 months after a modification.”On this news, Car-Mart’s stock price fell $3.70, or 7.5%, to close at $45.57 on July 30, 2025, thereby injuring investors further.Finally, on September 4, 2025, Car-Mart released its first quarter fiscal 2025 financial results, revealing that “sales volumes declined 5.7% to 13,568 units compared to 14,391 in the prior year,” which the Company attributed to “[prioritizing] booking the Company’s strongest-performing customer rankings” and “vehicle quality aimed at controlling repair costs downstream and selling to a better credit quality customer.”On this news, Car-Mart’s stock price fell $8.14, or 18.2%, to close at $36.51 on September 4, 2025, thereby injuring investors further. Next Steps:

If you purchased or otherwise acquired Car-Mart shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com

January 22, 2026 17:45 ET  | Source: Rocket Doctor AI Inc.

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States

Vancouver, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Rocker Doctor AI Inc. (the “Company” or “Rocket Doctor AI”) (CSE: AIDR, OTC: AIRDF, Frankfurt: 939) is pleased to announce that it has closed its non-brokered private placement of 7,428,571 units (the “Units”) of the Company at the price of C$0.70 per Unit for gross proceeds of approximately $5,200,000 (the “Offering”), which was previously announced on January 9, 2026, January 16, 2026, and January 19, 2026.

Dr. Essam Hamza, Chief Executive Officer of Rocket Doctor AI Inc., added:” We are appreciative of our investors for the very strong demand for this raise. These funds will help us unlock the next chapter at this critical inflection point for our company, providing the resources necessary to scale our operations and specifically drive our growth strategy within the U.S. We look forward to updating the shareholders and the market as we progress.”

Each Unit consists of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a “Warrant Share”) at the exercise price of C$0.85 per Warrant Share until January 22, 2027.

The Offering was completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions to the Listed Issuer Financing Exemption, accordingly, the securities issued in the Offering are not subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document, as amended (the “Offering Document”) related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at: www.rocketdoctor.ai. Prospective investors should read this Offering Document before making an investment decision.

In connection with the Offering, the Company paid to certain finders cash commission of C$198,800 and issued 284,000 non-transferrable warrants of the Company exercisable at any time until January 22, 2027 to acquire one Common Share at an exercise price of C$0.85, subject to adjustment in certain events.

The Company plans to use the net proceeds of the Offering for digital marketing and customer acquisition expenses, operating and administrative expenses (including salaries), research and development and for general working capital purposes.

The securities issued pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities issued pursuant to the Offering may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Rocket Doctor AI Inc.

Rocket Doctor AI Inc. delivers physician-built, AI-powered solutions designed to make high- quality healthcare accessible throughout the entire patient journey. A cornerstone of the company’s proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians worldwide.

Alongside the GLM is Rocket Doctor Inc, and its AI-powered digital health platform and marketplace. Having helped empower over 300 MDs to provide care to more than 700,000 patient visits, our proprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices - improving efficiency, restoring autonomy to MDs, and expanding patient access to care.

By reducing administrative burdens and ensuring greater consistency in care, our technology creates more time for meaningful physician-patient interactions. We are committed to reaching underserved, rural, and remote communities in Canada who often lack access to family doctors and supporting patients on Medicaid and Medicare in the United States. With advanced AI, large language models, and connected medical devices, Rocket Doctor AI is redefining modern healthcare - making it more scalable, equitable, and patient-centered.

To learn more about Rocket Doctor AI Inc’s products and services, contact:

www.rocketdoctor.ai or email: [email protected]

FOR ADDITIONAL INFORMATION, CONTACT:

Dr. Essam Hamza, CEO, Rocket Doctor AI [email protected]

For media inquiries, contact: [email protected]

Call: +1 (778) 819 8321

Cautionary Statements

This news release contains forward-looking statements relating to the future operations of Rocket Doctor AI Inc. and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Offering, closing of the Offering and use of proceeds are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Rocket Doctor AI Inc.'s expectations include other risks detailed from time to time in the filings made by Rocket Doctor AI Inc. with securities regulators.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Rocket Doctor AI Inc. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Rocket Doctor AI Inc. will only update or revise publicly the included forward- looking statements as expressly required by Canadian securities law.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Bitcoin (BTC) dropped below the key $90,000 support zone and traded near $89,588 at the time of writing. The decline followed last week’s brief bullish breakout attempt. On the other hand, gold has reached an all-time high of over $4,900 per ounce at the time of writing. This development further underscores the difference between the two assets, which are commonly equated as stores of value. 

Why Bitcoin Isn’t Rallying With Gold In an X post, analyst Lancaster.ETH pointed out the difference in the current price action between these two assets. He claimed that both assets can be classified as gold narratives, but only one is setting record Gold prices at all-time highs. He argued about what investors learn in times of macro uncertainty.

Gold, according to the analyst, is well known and accepted. He claimed that many participants are still learning about Bitcoin. The presence of that gap, he contended, is capable of stimulating quicker selling in case of the spread of fear.

Gold has defensive capabilities in uncertain cycles, owing to its multi-century reputation. Bitcoin, on the other hand, has not been around for very long and is deeply narrative-driven. The analyst claimed that the idea is not coming from failure, but from a developing concept.

Comfort and clarity are likely to dominate investor behavior. The analyst stated that people sell what they fear and buy what they know. He said that Bitcoin was in its trust-building phase, which was not structurally invalid.

CoinGape recently reported how gold and silver were rallying under the threat of Trump tariffs on imports from eight European nations. While gold has rallied to new highs, BTC has erased most of its yearly gains after the tariff threat.

Bonds and Dollar Set the Next BTC Move? Merlijn The Trader wrote an X post that the old world still controls the capital flows in this stage. Silver and gold have been on the rise, whereas Bitcoin has lagged.

His opinion implied that the arrangement would be modified once the present macro shock subsides. Bond stress, he said, may impose liquidity relief, yield depression, and currency debasement. Those circumstances were characterized as the standard ground in the following crypto boom. Merlijn remarked that such drivers usually drive market rotations first before they materialize in crypto prices.

However, analyst Jacob King contended in an X post that money is leaving speculative assets and going into metals. King alleged that Bitcoin lacks clear utility in the current climate. He opined that it does not safeguard investors against tariff shocks, currency instability, or broader economic stress. King described the move as capital exiting Bitcoin, not a temporary pause.

The broader macro environment has also been attributed to gold’s strength. Peter Grant, the vice president and senior metals strategist at Zaner Metals, mentioned geopolitical friction and a weak dollar. Federal Reserve easing expectations for the current year were also cited as a major economic force.

Inflation data are also influencing rate expectations. As CoinGape reported earlier, November U.S. PCE inflation was 2.8% year over year as expected. The month-over-month inflation rate increased 0.2%, in line with predictions.

Core PCE registered comparable results of 2.8% YoY and 0.2% MoM. The consistency of the numbers maintains market focus on when and by how much the Fed will ease. Risk appetite continues to focus on policy expectations of asset classes.

Kansas has become the latest U.S. state to explore a formal role for Bitcoin and digital assets in public finance, with lawmakers introducing legislation that would create a state-managed Bitcoin and Digital Assets Reserve Fund.

The bill, introduced by State Senator Craig Bowser, proposes amending Kansas’ unclaimed property laws to explicitly recognize digital assets, including cryptocurrencies and virtual currencies, and to establish a framework for their custody, management, and potential sale.

If passed, the legislation would place oversight of the reserve with the Kansas State Treasurer.

Under the proposal, unclaimed digital assets, like Bitcoin, would be transferred to the state after three years of inactivity following undeliverable written or electronic communication to the owner. 

There is some ambiguity around what an ‘unclaimed digital asset’ is but the bill appears to apply only to custodial digital assets held by a legally defined “holder,” such as exchanges, banks, trust companies, or other licensed custodians, not to self-custodied wallets. 

Per the bill, the three-year abandonment clock begins only after written or electronic communication to the owner is returned as undeliverable, and it stops immediately if the owner shows any sign of activity, including logging in or accessing another account with the same custodian.

Unlike many traditional forms of unclaimed property, the bill allows these assets to be delivered and held in their native digital form, rather than being immediately liquidated.

The legislation also permits the state’s designated qualified custodian to stake digital assets and receive airdrops, subject to direction from the treasurer. 

Any staking rewards or airdropped assets generated after three years would be transferred into the BTC and Digital Assets Reserve Fund, creating a mechanism for the state to accumulate digital assets over time.

In a notable provision, the bill prohibits BTC from being deposited into the state’s general fund.

Instead, Kansas would retain Bitcoin as part of its reserve, while directing 10% of deposits of non-bitcoin digital assets into the general fund, contingent on legislative appropriations. Supporters argue this structure treats BTC as a long-term reserve asset rather than a short-term revenue source.

States are actively pushing for bitcoin reserves  The bill also lays out how the state would handle the sale of digital assets. Cryptocurrencies that trade on established exchanges would have to be sold at market prices, while assets without active exchange listings could be sold using other commercially reasonable methods. 

The goal of all this is to minimize market disruption while adding clearer guardrails around how state-held digital assets are managed.

If passed, the legislation would put Kansas alongside a growing number of U.S. states exploring how Bitcoin and other digital assets might fit into long-term financial and custodial strategies. 

In recent years, state lawmakers across the country have debated whether Bitcoin could serve as a hedge against inflation, a diversification tool, or a way to modernize public finance infrastructure.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

JPMorgan analysts are pouring cold water on Ethereum's latest upgrade, predicting the recent activity spike will fade. Despite the technical fix, the wall street giant says structural headwinds will be the roadblock for the network's long-term dominance.

Key NotesBitwise's new BPRO fund maintains minimum 25% gold allocation while actively adjusting Bitcoin, precious metals, and mining stock positions.The 0.96% annual fee undercuts competitor BTGD's 1.05% expense ratio in the currency debasement hedge category.Partnership with Boston-based Proficio Capital brings $5 billion firm's expertise to precious metals strategy component. Bitwise Asset Management launched the Bitwise Proficio Currency Debasement ETF on NYSE Arca on Jan. 22. The fund combines Bitcoin BTC $89 422 24h volatility: 0.7% Market cap: $1.79 T Vol. 24h: $41.96 B with gold and other precious metals. It also invests in mining stocks.

The fund trades under the ticker BPRO with a 0.96% annual fee, according to Bitwise’s announcement. The ETF targets assets that may benefit from the declining purchasing power of government-issued currencies. It keeps at least 25% in gold at all times.

Bitwise, which manages over $15 billion in client assets, partnered with Proficio Capital Partners to handle the fund’s precious metals strategy.

Today, the debasement trade has a new weapon in its arsenal.

Introducing the Bitwise Proficio Currency Debasement ETF (NYSE: BPRO), a first-of-its-kind, actively managed investment strategy targeting assets poised to benefit from the eroding purchasing power of fiat currencies… pic.twitter.com/kpKPFK26p0

— Bitwise (@BitwiseInvest) January 22, 2026

Partnership and Strategy Proficio Capital Partners is a Boston-based investment firm managing approximately $5 billion in client assets as of December 2025, according to Bitwise’s announcement. Co-founder Bob Haber previously served as Chief Investment Officer of Fidelity Investments Canada for 12 years. He managed funds that earned Lipper Awards, which recognize top-performing investment funds.

Bitwise Chief Investment Officer Matt Hougan described the fund as combining the historical scarcity of gold with what he termed Bitcoin’s modern digital scarcity. He said the traditional mix of stocks and bonds is struggling as governments print more money.

In a Bitwise/VettaFi survey of 299 financial advisors, 22% cited concerns about government-issued currency losing value as a key focus for 2026, according to the survey released on Jan. 13.

Market Context BPRO enters a market with existing products targeting similar themes. Quantify Funds launched BTGD in October 2024, marketing it as a currency debasement hedge combining Bitcoin and gold. BPRO’s 0.96% expense ratio undercuts BTGD’s 1.05% annual fee. 21Shares’ BOLD product has offered Bitcoin and gold exposure since 2022.

BPRO differs by including additional precious metals and mining stocks. Fund managers will adjust holdings based on market conditions, unlike competitors that hold fixed Bitcoin-gold combinations.

Bitwise launched a Chainlink ETF on Jan. 14 and filed for 11 additional crypto ETFs in late December 2025.

The launch comes as investors increasingly consider physical assets like gold as protection against currency devaluation. Gold recently reached record prices above $4,900 per ounce amid debates about central bank independence and Bitcoin’s potential as a safe-haven asset.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.

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The Ethereum ($ETH) market is currently navigating a period of stabilization as geopolitical headlines from the World Economic Forum in Davos continue to drive investor sentiment. After a week of high-stakes rhetoric, the second-largest cryptocurrency by market cap has found firm footing following a significant de-escalation in trade tensions.

Ethereum Price Analysis: ETH Coin Holds Key LevelAccording to the latest ETH price chart, Ethereum is currently testing a critical horizontal support zone around $2,900. As shown in the attached technical analysis, the price has repeatedly reacted to this level over the past month.

ETH/USD 2H - TradingView

Support: The $2,900 zone remains the primary floor for bulls; a daily close below this could open the door for a deeper correction toward $2,750.Resistance: On the upside, the yellow horizontal line at $3,200 acts as a formidable ceiling. ETH briefly breached this level mid-month but was met with strong selling pressure.Momentum: The Stochastic RSI indicator is currently trending toward the oversold region (below 20), suggesting that the immediate downward impulse may be reaching exhaustion.Traders looking to capitalize on these price swings should compare the best crypto exchanges for the lowest fees and highest liquidity during volatile periods.

ETH Coin Macro Drivers: The "Davos Pivot"The recovery in digital assets was catalyzed by President Donald Trump’s latest comments in Davos. After initially threatening 10% tariffs on European nations that opposed his ambitions for Greenland, Trump announced a "framework of a future deal" with NATO Secretary General Mark Rutte.

This pivot from "force" to "diplomacy" led to a broad rebound in risk assets. While Bitcoin reclaimed the $90,000 level, Ethereum has managed to stabilize above the psychological $2,900 mark. Despite the relief rally, experts at Reuters caution that the lack of specific deal details keeps a "volatility premium" in the market.

Security First in a Volatile MarketWhile the latest crypto news suggests a cooling of tensions, the sudden shifts in policy underscore the importance of self-custody. Macroeconomic shocks can lead to exchange outages or liquidity crunches. To protect your holdings, consider moving your assets into top-rated hardware wallets.

Market Note: Whale activity remains high during this consolidation phase. Data suggests that large-scale holders accumulated approximately $360 million worth of ETH as prices dipped toward the current support levels.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry significant risk.

"The [BTC] adoption announcements are not working anymore," said Jim Bianco, while Bloomberg's Eric Balchunas urged taking a longer-term view.

Dogecoin (DOGE) is once again testing investors’ patience as it trades near the $0.12 level, a zone that has become a focal point after weeks of volatility.

The meme coin has shed more than 20% from its recent highs near $0.15, but recent price action suggests selling pressure may be easing. At the same time, on-chain data and new developments around token usage are adding fresh context to DOGE’s short-term outlook.

As of January 22, Dogecoin is hovering between $0.12 and $0.13, with daily trading volumes still elevated compared to earlier this month. Market participants are closely watching whether this consolidation marks the start of a recovery or merely a pause before another leg lower.

DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview DOGE Accumulation Signals Emerge Around Key Support On-chain liquidity data indicates gradual accumulation near the $0.12–$0.127 range. Analysts note that DOGEhas repeatedly defended this support zone, suggesting buyers are stepping in incrementally rather than aggressively.

This pattern often appears during early accumulation phases, where larger players avoid driving prices sharply higher.

Technical indicators present a mixed picture. Dogecoin is trading slightly above its 50-day moving average, while the Relative Strength Index sits near neutral levels, leaving room for movement in either direction.

Trading volume has increased over the past week, pointing to renewed interest, but resistance remains firm around $0.13 to $0.14. A confirmed break above this range could open the door to a move toward $0.14, while a loss of $0.12 may expose downside levels near $0.115 or lower.

Broader Market and Sentiment Factors Market sentiment continues to weigh on Dogecoin’s trajectory. The Crypto Fear & Greed Index remains in “fear” territory, reflecting cautious positioning across digital assets. Bitcoin’s dominance is another variable to watch.

Historically, periods of declining Bitcoin dominance have coincided with capital rotation into altcoins like DOGE.

Macroeconomic signals and regulatory developments also remain relevant. Any shift toward a clearer or more favorable regulatory stance in the U.S. or Europe could improve risk appetite, while renewed uncertainty may pressure speculative tokens.

Token Utility Expands With Payment App Plans Beyond price action, Dogecoin’s fundamentals are evolving. The House of Doge has confirmed plans to launch a Dogecoin payment app, “Such,” in the first half of 2026. The app is designed to support wallets, DOGE purchases, and direct payments, with a focus on small businesses and peer-to-peer commerce.

While the announcement has not yet translated into price momentum, it highlights ongoing efforts to expand Dogecoin’s real-world use. Over time, increased utility could help DOGE move beyond short-term trading narratives. Currently, Dogecoin remains largely driven by sentiment, technical levels, and broader market trends.

Cover image from ChatGPT, DOGEUSD chart on Tradingview

In brief Ripple CEO Brad Garlinghouse says he's "very bullish" and expects new crypto market highs in 2026. The Ripple exec previously predicted that Bitcoin would trade at $180,000 at the end of the year. Ripple-linked XRP, which made a new all-time high in 2025, sits around 47% off its peak price as of Thursday. Crypto is headed for new all-time highs in 2026—at least, that’s what Ripple CEO Brad Garlinghouse believes, even if he didn't get deep into specifics.

The Ripple frontman told CNBC that he’s “very bullish,” calling for new all-time crypto highs this year, though he did not single out any assets or provide a specific price target. 

“I'll go on record as saying I think we'll see an all-time high,” said Garlinghouse.

In December, Garlinghouse provided a more specific forecast for attendees of Binance Blockchain Week, predicting that the top crypto asset—Bitcoin— would be trading at $180,000 or more by the end of 2026. 

At that price, BTC would be trading around 43% above its current all-time high of $126,080, and more than 100% above its current trading price of $89,446. 

In his December prediction, Garlinghouse noted that the passing of the CLARITY Act, which at the time he expected to be passed in the first half of 2026, would create more tailwinds for the entire industry.

The legislation—also known as the U.S. crypto market structure bill—has experienced a volatile last week, highlighted by American crypto exchange Coinbase pulling support for the bill as it seeks more of a “win-win” between the crypto industry and traditional banks.

Despite that, on Wednesday President Trump said he hopes to sign the bill “very soon.” 

As for a prediction on XRP, the asset that powers Ripple’s payments services, Garlinghouse wouldn’t comment to CNBC—though he called for “continued, very positive momentum.” 

“We are a very vested party in what goes on in the XRP ecosystem,” he told CNBC.

XRP broke through a seven-year drought and claimed a new all-time high price last year, ultimately reaching a fresh peak of $3.65 in July. Since that time, though, it’s fallen around 47%, recently changing hands around $1.92. 

Predictors on Myriad’s prediction market don’t foresee positive momentum in the near-term for the asset, giving odds of a pump to $2.69 before a dump to $1.42 just 42% odds. In other words, predictors favor a drop in price prior to any surge upwards. 

Ripple, the financial services firm linked to the asset, got the green light to expand its operations in the U.K. earlier this year after an eventful 2025 which saw the conclusion of its yearslong battle with the SEC, alongside four major acquisitions and massive valuation boost.

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TLDR: McLaren Racing and Hedera launch a multi-year partnership, bringing blockchain technology to motorsport fans. Free digital collectibles will debut during F1 Grand Prix weekends with the Arrow McLaren IndyCar program returning. Hedera branding appears on McLaren F1 cars, driver suits, and both Arrow McLaren IndyCar team vehicles. The partnership represents the first phase of long-term collaboration between the global motorsport brand and the Web3 network. McLaren Racing has entered a multi-year partnership with Hedera Foundation to deliver blockchain-based fan experiences. 

The collaboration makes Hedera an official partner of both the McLaren Formula 1 and Arrow McLaren IndyCar teams. 

Fans can expect free digital collectibles and interactive programs built on Hedera’s public network.  The partnership bridges motorsport with Web3 technology through secure, scalable infrastructure.

Digital Collectibles Program Debuts During F1 Season McLaren Racing will launch its first Hedera-based initiative through a digital collectibles program. 

The team plans to release free-to-claim items during Formula 1 Grand Prix weekends throughout the season. These collectibles will feature motorsport themes tied to race events and team milestones.

On track 🤝 on-chain. Proud to announce a multi-year partnership with McLaren Racing — Hedera is now an Official Partner of the @McLarenF1 Team and @ArrowMcLaren IndyCar Team.

What’s coming: free-to-claim digital collectibles + new fan experiences built on Hedera’s trusted… pic.twitter.com/yHldm8sElS

— Hedera (@hedera) January 22, 2026

Arrow McLaren IndyCar fans will also benefit from this partnership. The team’s digital collectibles program returns for the 2026 IndyCar season after previous iterations. 

Both programs aim to create connections between physical racing events and digital fan experiences.

The collectibles will include unique prizes, experiences, and incentives for participants. McLaren Racing intends to develop these programs based on fan feedback and engagement patterns. 

The team’s Discord server will serve as the primary community hub for both Web3-experienced users and newcomers.

Hedera’s network provides the technical foundation for these digital activations. The platform offers transaction speed, security features, and compliance capabilities suited for large-scale consumer applications.

McLaren Racing selected this infrastructure to ensure reliable performance for global fan bases.

Strategic Vision and Branding Integration Hedera branding will appear across McLaren Racing’s competitive assets starting this season. The logo will feature on the McLaren Formula 1 car and driver’s race suits. 

Arrow McLaren’s No. 6 and No. 7 Chevrolets will also display Hedera branding alongside team apparel.

Nick Martin, co-chief commercial officer at McLaren Racing, emphasized the partnership’s strategic importance. Martin stated that innovation off the track is just as important as performance on it. 

He explained that partnering with Hedera allows the team to deliver cutting-edge Web3 experiences for fans. 

Martin expressed excitement about welcoming Hedera to the McLaren family as the organization continues pushing boundaries.

Charles Adkins, CEO of HBAR, Inc., characterized the collaboration as a major milestone for the ecosystem. Adkins noted that working with one of the world’s most recognized sports brands represents a big step. 

He explained the partnership provides an opportunity to demonstrate what Web3 can look like on trusted networks. 

Adkins added that the collaboration is tied to experiences fans actually want and represents the first phase.

The partnership aligns both organizations around shared values of performance, precision, and engineering excellence. 

McLaren Racing brings decades of motorsport heritage to the collaboration. Hedera contributes expertise in decentralized application development across finance, sustainability, and enterprise sectors. 

Both parties look forward to building together and expanding the partnership beyond initial collectibles programs.

2 mins mins

Key Points:

Solana’s DFDV launches its meme coin, DONT, marking an unprecedented move.Unique corporate experiment without external backing or endorsements.Crypto community cautioned about investing in experimental tokens. On January 23rd, Solana Treasury Company DFDV launched DONT, the first meme coin by a publicly listed company, emphasizing its lack of external support or practical use.

The introduction of DONT highlights speculative trends in cryptocurrency, sparking debate within the industry and achieving a $28 million market cap shortly after listing.

DONT: Examining Launch Impact and Market Reception DeFi Development Corp., a digital asset treasury company, announced its new meme coin DONT, positioned as a unique corporate experiment. This launch lacks sponsorship from typical industry players and exists solely as a demonstration of potential on Solana. As the company stated, “DONT is designed as a pure Player-Vs-Player speculation contained within Solana.”

Immediately following the announcement, DONT’s market capital soared to 28 million USD, indicating initial strong interest. The value was 18 million USD just a few hours later, reflecting the token’s intrinsic speculative nature and alignment with meme culture dynamics.

Reactions from the crypto community have been cautious, emphasizing the lack of substance backing DONT. BlockBeats warned against rash investments, reiterating the token’s role as a pure speculative instrument with no inherent utility or roadmap.

Analyzing DONT’s Market Performance and Regulatory Implications Did you know? DONT is pioneering as the first meme coin by a public company, marking a departure from traditional stock tokenizations.

Current data from CoinMarketCap lists DONT with a current market cap of $0, reflecting its niche, speculative nature and inconsistent trading activity. The token registered an alarming 82.90% drop over 90 days, indicating its continued volatility in the market.

Donald Trump (dont.cash)(DONT), daily chart, screenshot on CoinMarketCap at 01:30 UTC on March 15, 2025. Source: CoinMarketCap The Coincu research team underscores that DFDV’s project may shape regulatory discussions about public entities exploring novel crypto assets, highlighting potential technological advancements on Solana as further developments unfold.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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TL;DR

Circle CEO Jeremy Allaire dismissed concerns that stablecoin yields could trigger bank runs, calling such worries “totally absurd.” Allaire compared stablecoins to dollar money market funds and highlighted the shift of credit toward capital markets. The executive noted that artificial intelligence will be a key driver for stablecoin adoption. Jeremy Allaire, CEO of Circle, rejected the idea that stablecoin yields pose a risk of bank runs during his speech at the World Economic Forum in Davos. Allaire described these concerns as “totally absurd” and noted that the interest associated with stablecoins is not large enough to impact monetary policy.

He compared stablecoins to dollar money market funds, which have managed approximately $11 trillion without halting lending activity. Allaire emphasized that most U.S. GDP growth has been financed through capital market debt rather than bank loans. He proposed credit models using stablecoins as a base to facilitate lending and financial transactions.

Allaire said that stablecoin yields improve customer retention and attract users, but do not threaten banking stability. His remarks came amid the debate over the U.S. Clarity Act, legislation aimed at establishing a federal framework for digital assets.

The Role of AI in Stablecoin Growth Circle’s CEO also highlighted artificial intelligence as a driver of stablecoin adoption. He stated that “billions of AI agents” will need a digital payment system and that stablecoins are currently the only viable option. Similar views were expressed by Changpeng Zhao, former CEO of Binance, and Michael Novogratz, CEO of Galaxy Digital, who emphasized the use of cryptocurrencies in AI-driven transactions.

Allaire noted that the financial market is already seeing a shift from traditional credit toward private channels and capital market-based platforms. He suggested that stablecoins could integrate into this system, serving as a tool for corporate payments, payroll, and other financial operations.

Circle Aims to Finally Consolidate Stablecoin Use During the forum, Allaire reiterated that stablecoin yields operate within a regulatory context moving toward greater clarity. Circle’s stablecoins and other publicly issued coins operate under legal frameworks that allow reserve audits and regulatory compliance, aiming to build trust among financial institutions and users.

Circle focuses on consolidating stablecoins as financial infrastructure, facilitating payments, credit, and operations in emerging digital markets, with artificial intelligence acting as a catalyst for growth and adoption

The Optimism Foundation's proposal would link the value of the OP token more directly to the economic performance of the Superchain.

TLDR:

BlackRock identifies Ethereum as the primary beneficiary of the digital asset boom, holding a 65.46% market share. The firm has shifted from viewing cryptocurrencies as speculative assets to treating them as payment and settlement infrastructure. Driven by tokenization, stablecoins are expected to reach a $500 billion market capitalization this year. The world’s largest asset manager is leading the profound transformation currently reshaping the global financial sector. BlackRock’s most recent report, “2026 Thematic Outlook,” highlights that Ethereum tokenization will be one of the most innovative trends for investors throughout 2026.

The company, which manages over $14 trillion, asserts that crypto assets have evolved beyond mere speculation. They are now recognized as vital infrastructure for liquidity management and settlement across global markets.

In this scenario, ETH is undoubtedly the undisputed leader of the sector, standing well above peers such as BNB Chain and Solana. The network’s programmability facilitates the efficient migration of real-world assets into the digital environment.

Institutional Growth and the Future of Digital Assets The success of products like the iShares Bitcoin Trust (IBIT) validates BlackRock’s thesis regarding institutional demand. However, the focus is now shifting toward how Ethereum tokenization can democratize access to Treasury bonds and other traditional financial instruments.

Furthermore, entities like Mercado Bitcoin agree that the integration between traditional finance (TradFi) and the decentralized economy is inevitable. Stablecoins, acting as the key components of this bridge, are projected to see massive growth, reaching $500 billion.

Additionally, other multinational managers, such as Mirae Asset Global Investments, are analyzing global frameworks for fund tokenization. This collective effort promises to lower entry barriers for investors of all levels, enabling global wealth creation.

In summary, the report concludes that Ethereum acts as the “highway” for this new financial era. With a proven infrastructure and growing adoption, the network is prepared to absorb a significant portion of traditional assets seeking greater transparency and speed.

According to a recent technical analysis by market expert Egrag Crypto, XRP has formed a “Super Guppy Compression” against Bitcoin, signaling the potential for a major structural shift. The analyst has revealed what could come next for the XRP/BTC pair following this development, indicating a higher probability of a bullish breakout within the next few months. 

XRP Bitcoin Pair Forms Super Guppy Compression In his X post, Egrag Crypto provided a detailed breakdown of the XRP/BTC price structure and the recent patterns emerging within its chart. He suggested that the trading pair recently entered a transition phase after a multi-year decline, with price action tightening as the market moved through a period of compression. 

Egrag Crypto revealed that XRP/BTC has completed a Super Guppy Compression pattern, which shows full ribbon compression across both short- and long-term Moving Averages (MA). According to the analyst, this compression signals an upcoming volatility expansion, indicates exhausted selling pressure, and highlights a clear transition phase in the market. 

Color dynamics within the Guppy system on the chart also suggest a shift in market behavior. Egrag Crypto notes that the short-term Moving Averages, or “ribbons” as he calls them, are turning green, signaling early bullish momentum. At the same time, long-term ribbons remain red but are flattening, indicating that the downward trend on XRP/BTC is easing. These developments also show that the market has exited its bearish phase; however, a clear uptrend has yet to emerge, leaving the trading pair in a base-building stage.

Source: Chart from Egrag Crypto on X From a price-structure perspective, Egrag Crypto notes that XRP/BTC is forming a bullish rectangular pattern. The analyst revealed that the trading pair had repeatedly bounced off support while facing rejection at resistance, indicating that supply is being absorbed rather than aggressively sold off. According to him, this behavior aligns with textbook reaccumulation patterns observed after extended downtrends, signaling a potential upward move ahead. 

Egrag Crypto has shared key targets for where he believes XRP/BTC could go next, depending on its current market structure. He noted that the structure matters more than the underlying emotion, suggesting that although the market may seem quiet, it is actively positioning for a decisive move. 

Analyst Sets Bullish And Bearish Targets For XRP/BTC Continuing his analysis, Egrag Crypto predicted that over the next three to six months, the XRP/BTC price has a 60-70% chance of a bullish breakout. He added that there is also a 30-40% possibility of an extended consolidation, but only if the market structure breaks—a scenario he considers unlikely. 

Looking at the chart, the analyst has identified two key upside targets and one downside scenario. If XRP/BTC crosses the red resistance line at approximately $0.0000338, Egrag Crypto predicts an initial surge to a “conservative” target of $0.000091, followed by a rise to a “normal” target of $0.00014. Conversely, if a structure break occurs, XRP/BTC could plunge from $0.0000193 to $0.00000668.

XRP trading at $1.95 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com

A healthcare firm has disclosed a major cybersecurity incident that may have exposed the personally identifying and personal health data of tens of thousands of Americans.

The latest bulletin from the Office of the Maine Attorney General shows that Central Maine Healthcare was hit by an internal system breach on March 19th, 2025, impacting 145,000 American patients.

The firm says it detected that an unauthorized entity gained access to its systems and stole files that may include patient names, Social Security numbers, addresses, treatment records, dates of service, provider names and health insurance records.

“On November 6th, 2025, we completed our investigation and analysis of an incident that may have resulted in unauthorized access to some of our patient information. We first identified the incident on June 1, 2025, when we detected unusual activity in our information technology (‘IT’) network. We immediately took steps to protect and secure our systems. We promptly launched an investigation and notified law enforcement.

Through our investigation, we determined that an unauthorized party gained access to our IT network between March 19th, 2025 and June 1st, 2025, and was able to access and/or acquire certain files from Central Maine Healthcare IT systems.”

Central Maine Healthcare operates multiple hospitals, clinics and physician practices to provide a wide range of medical services, including emergency and trauma, primary care and maternity and pediatric care.

The firm says it abruptly notified impacted individuals, while offering free credit monitoring services for 12 months. The firm adds that it has implemented enhanced monitoring and alerting software to prevent a similar incident from happening in the future.

Generated Image: Midjourney

Solana gains investor attention as spot ETFs attract $2.92M, price stabilizes near $127, and staking climbs to 70% of assets.

Izabela Anna2 min read

22 January 2026, 08:06 PM

Solana is showing early signs of resilience even as spot Bitcoin and Ethereum ETFs extend their losing streak. On January 21 (ET), SoSoValue data showed Bitcoin spot ETFs posted a $709 million net outflow. That marked the third straight day of redemptions. 

Ethereum spot ETFs also stayed under pressure with a $298 million net outflow. However, flows into Solana and XRP products moved in the opposite direction, signaling selective demand across the market.

ETF Flows Split as Solana Stands OutSolana spot ETFs recorded a $2.92 million net inflow for the session. XRP spot ETFs also attracted fresh capital, with a single-day net inflow of $7.16 million.

Besides showing rotation away from majors, the split highlights a shift toward faster networks with high retail interest. Consequently, Solana may benefit as traders search for assets holding up during broad market weakness.

SOL Price Holds Key Support as Charts TightenSolana traded at $127.85 with a 24-hour volume of about $4.42 billion. The token rose 1.11% over the last day, although it dropped 11.02% over the week. With roughly 570 million SOL in circulation, the market cap stood near $72.4 billion. However, technical analysts said the current zone may decide Solana’s next major move.

According to Milk Road, Solana reached the lower boundary of a long-term ascending triangle near $127. This level has repeatedly produced higher lows through the trend. 

Hence, a weekly close above that range could keep the structure intact. Additionally, the pullback fits a typical compression phase, where price tests support instead of breaking higher.

Curb.sol also pointed to a momentum shift on the 3-day MACD indicator. The analyst said a buy signal appeared for the first time since the $90 lows in April. 

Significantly, this type of signal often appears near inflection points during trend resets. If SOL holds above $127, buyers may target $145 to $160 next.

Staking Reaches 70% as Confidence BuildsOn the network side, Lark Davis reported Solana’s staking ratio hit a new all-time high at 70%. That figure implied around $60 billion worth of assets now secure the chain.

Moreover, Davis noted Solana ETFs have logged twelve consecutive weeks of inflows. This came despite broader market stress and heavy selling in Bitcoin products.

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Izabela Anna is a knowledgeable freelance journalist, who boasts over five years of experience covering the cryptocurrency market. Her tenure has seen her navigate through the ebbs and flows of multiple market cycles, giving her a deep understanding within. Her journalistic focus lies in dissecting price action dynamics, scrutinizing the on-chain landscape, and providing insights from a technical perspective, making her a trusted voice in the realm of cryptocurrency reporting.

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Latest Solana (SOL) News Today

Global markets rallied after U.S. President Donald Trump de-escalated trade tensions with Europe and Greenland, sparking a relief surge across equities. Bitcoin mirrored this volatility, plunging to $88,200 before rebounding to $90,000, though it remains down 7% weekly.

BlackRock’s 2026 Thematic Outlook put Ethereum at the center of its tokenization thesis, asking whether the network could serve as a “toll road.”

BlackRock stated that “of tokenized assets 65%+ are on Ethereum.”

The framing pushes Ethereum into an infrastructure role rather than a directional call on ETH. A “toll road” model depends on where issuance, settlement and fee payment occur when real-world assets and tokenized cash move onchain.

BlackRock noted stablecoin transaction volume is adjusted to “strip out inorganic activity (e.g., bots),” citing Coin Metrics and Allium via the Visa Onchain Analytics dashboard.

That caveat narrows the metrics investors may rely on when translating tokenization “activity” into economic throughput.

Ethereum’s share is a moving targetA late-January market check shows why the “65%+” figure should be treated as point-in-time.

Ethereum tokenization (Source: BlackRock)RWA.xyz’s directory view put Ethereum’s tokenized RWA market share at 59.84%, with total value around $12.8 billion at retrieval on Jan. 22.

RWA.xyz’s networks view also shows Ethereum leading by value, including a total value (excluding stablecoins) of $13,433,002,447, with the table time-stamped around Jan. 21.

The spread between those readings and BlackRock’s Jan. 5 figure leaves room for share drift.

That drift can come as issuance expands to other chains and as reporting windows change.

Data pointEthereum value / shareTimestamp in sourceSourceBlackRock tokenization slide snapshot“65%+” of tokenized assets on EthereumAs of 1/5/2026BlackRock PDF (p. 17)RWA.xyz directory overview~$12.8B total value, 59.84% market shareRetrieved 1/22/2026RWA.xyz DirectoryRWA.xyz networks table$13,433,002,447 (excl. stablecoins)Table shows “as of” 01/22/2026, pack records as-of 01/21/2026RWA.xyz NetworksFor ETH holders, the forward-looking issue is less whether institutions tokenize assets and more whether tokenization routes fee-paying settlement through ETH-bearing paths.

BlackRock’s thesis leans toward Ethereum as a base layer for tokenized assets. Yet a base-layer role can be diluted if execution shifts to rollups or if tokenized funds are distributed across multiple L1s where users do not touch ETH.

Rollups and fee paths complicate the “toll road” thesisL2BEAT’s rollup summary shows large pools of value already “secured” by leading Ethereum rollups.

Arbitrum One is listed at $17.52 billion, Base at $12.94 billion, and OP Mainnet at $2.33 billion, each labeled Stage 1.

That architecture can preserve Ethereum’s settlement role while shifting where users pay fees day to day.

Rollup execution economics and fee assets vary by design, and that difference matters for fee capture even if Ethereum remains the underlying security layer.

Tokenized cash may become a major throughput driver in tokenization portfolios, and it comes with clearer scenario math.

Citi’s stablecoin report modeled 2030 issuance at $1.9 trillion in a base case and $4.0 trillion in a bull case.

It paired those balances with a 50x velocity assumption to model roughly $100 trillion and $200 trillion in transaction activity, respectively.

The mechanical implication is that even modest market-share changes in settlement networks can matter if activity scales to those levels.

Measurement methodology becomes central if investors try to infer fee generation from raw on-chain flows.

Stablecoin “noise,” multi-chain products and the single-ledger debateVisa has argued stablecoin transfer volumes contain “noise.”

In an example, Visa said last-30-days stablecoin volume falls from $3.9 trillion to $817.5 billion after removing inorganic activity.

BlackRock’s tokenization slide references the same concept of stripping bots, tying its narrative to a narrower definition of economic use.

If the “toll road” is meant to be monetized through settlement, the investable variable is organic settlement demand that cannot be cheaply replicated elsewhere, not headline transfer counts.

Multi-chain distribution already appears in institutional product design, which complicates any linear “tokenization equals ETH demand” argument.

BlackRock’s tokenized fund BUIDL is available on seven blockchains, with cross-chain interoperability enabled by Wormhole.

This supports a survival path for non-Ethereum chains as distribution and venue-specific utility layers, even if Ethereum retains a lead in issuance value or settlement credibility.

A separate strand of the debate has focused on whether institutional tokenization ends in one common ledger.

During Davos week, that theme circulated on social media through posts featuring remarks from BlackRock CEO Larry Fink.

World Economic Forum materials published this month support broader claims about tokenization benefits, including fractionalization and faster settlement themes.

However, the WEF stops short of validating that verbatim “single blockchain” language in its digital assets outlook for 2026 and tokenization explainer video.

For Ethereum’s decentralization thesis, the investable tension is whether a base layer can remain neutral as tokenization becomes tied to large issuers and regulated venues.

“Transparency” claims depend on credible resistance to unilateral change and on settlement finality that downstream layers inherit.

Today, L2BEAT’s stage framework and value-secured data show rollups scaling under Ethereum’s security umbrella, while BUIDL’s multi-chain rollout shows major issuers also reducing platform concentration risk.

BlackRock’s “toll road” slide set a dated market-share marker at 65%+.

Late-January RWA dashboards and multi-chain product releases showed the near-term battlefield is share, settlement location, and measurement of organic usage across the RWA sector.

That same dynamic is likely to shape how investors interpret growth in tokenized Treasuries and other on-chain issuance categories.

Mentioned in this article

The asset manager said bitcoin's institutional adoption and asset tokenization are pushing digital assets toward scale, potentially reaching tens of trillions by decade's end.