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Crypto News Roundup for Jan. 29, 2020
With bitcoin set for its best-ever January, Markets Daily is back with today's crypto news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jan 29, 2020, 5:00 p.m.
With bitcoin set for its best-ever January, Markets Daily is back with today's crypto news roundup.
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Today's news:
Bitcoin Eyes Best January Close in 7 Years After 30% Price Increase
Lawyers Ramp Up Pressure to Exhume Quadriga CEO's Body
Swiss Company Gets Green Light to Incorporate for a Blockchain IPO
Crypto Ponzi OneCoin May Have Used Flood of Fake Reviews to Boost Ailing Image
Atari is back! With a chain of hotels?
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Galaxy Digital’s head of research explains why bitcoin’s outlook is so uncertain in 2026
Galaxy Digital’s Alex Thorn says options markets, falling volatility and macro risks make next year hard to forecast even as the firm keeps a bullish long-term view.
What to know:
- Galaxy Research, the research arm of Galaxy Digital (GLXY), says overlapping macroeconomic and market risks make bitcoin unusually difficult to forecast in 2026.
- The firm says that options pricing and volatility trends indicate that bitcoin is maturing into a more macro-like asset, rather than a high-growth trade.
- Galaxy maintains a long-term bullish outlook, projecting that bitcoin could reach $250,000 by the end of 2027.
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