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[LIVE] Crypto News Today: Latest Updates for Jan. 16, 2026 – Crypto Extends Two-Day Decline; DePIN Tokens Sink Over 4%

Follow up to the hour updates on what is happening in crypto today, January 16. Market movements, crypto news, and more!

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Jai Pratap

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Jun 2023

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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Last updated:

January 16, 2026

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

[LIVE] Crypto News Today: Latest Updates for Jan. 16, 2026

The crypto market extended its slide for a second straight session, with DePIN tokens leading losses. Data from SoSoValue shows the DePIN sector falling 4.22% over the past 24 hours, dragged down by sharp declines in Filecoin (FIL), down 8.55%, and Golem (GLM), which slid 10.07%. Bitcoin dipped 1.1% to slip to $95,000, while Ethereum remained relatively resilient, edging down just 0.7% and holding near $3,300. Most sectors traded lower, though select tokens bucked the trend, including TRON (TRX), Dash (DASH), River (RIVER), and MemeCore (M). Sector indices mirrored the weakness, with ssiGameFi, ssiDePIN, and ssiSocialFi dropping 4.53%, 4.26%, and 3.20%, respectively.

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