Bitcoin dropped further below $90,000 while gold and silver kept beating records, leading to a long-term price forecast of $23,000. Bitcoin (BTC) stayed trapped below $90,000 at Friday’s Wall Street open as gold and silver approached historic milestones. Key points: Bitcoin fails to shift its sideways trading behavior while gold comes within 2% of $5,000 per ounce. Read more
Crypto is shedding its illicit money image, but central bankers at the World Economic Forum in Davos 2026 warned it threatens monetary sovereignty. While geopolitical tensions and the Greenland standoff set the tone at Davos 2026, crypto resurfaced as a secondary but consequential theme. US President Donald Trump used a few minutes of his Davos speech to double down on his ambition to turn the US into the world’s crypto capital and voice support for crypto-friendly legislation. His tone was different from central banks. In a panel with crypto bigwigs, the governor of the Bank of France criticized private money and yield-bearing stablecoins while promoting central bank digital currencies (CBDC). Read more
The plan would give ultra-high net worth clients an in-house crypto on-ramp at one of the world's biggest private banks. The world’s biggest global wealth manager, UBS, is reportedly exploring a move to open crypto trading to its wealthiest clients. Bloomberg reported Friday, citing a person familiar with the matter, that the Swiss banking giant aims to let select private banking clients in Switzerland trade Bitcoin (BTC) and Ether (ETH) first, with a possible rollout to the Asia‑Pacific region and the United States later. The person also reportedly said that UBS was currently selecting partners for its crypto offering, although the bank has not publicly confirmed the details. Read more
BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan. The gap between the United States’ longer-dated and shorter-dated bonds has widened to its highest level since 2021, signaling potential trouble for Bitcoin (BTC) in 2026. Key takeaways: A wider gap means long-term yields are rising, which can pressure Bitcoin. Read more
Revolut is planning to apply for a US banking license through the OCC after previously considering a bank acquisition that could have required branch commitments. Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday. The United Kingdom-based fintech has been in discussions with US officials about applying for a bank license through the Office for the Comptroller of the Currency (OCC), the newspaper reported Friday, citing people familiar with the matter. The move, if confirmed, would be a milestone in strategy for Revolut, which said in September 2025 that it was exploring the purchase of a US bank to accelerate its global expansion. Read more