Corporates Keep Betting on Bitcoin, Eyes on Long-Term Gains
Welcome to the Daily for January 29, 2026. ☕️
Hello Cointribe! 🚀
Hey there 👋 It’s Thursday, January 29, 2026—coffee brewed and ready? Let’s dive into the key moves that shook the crypto markets over the last 24 hours.
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
⛈️ Stormy
24h crypto recap! ⏱
🚀 February Could Be the New “Uptober” for Bitcoin
Analyst Timothy Peterson challenges the long‑held belief that October is Bitcoin’s strongest month, presenting data showing February’s performance has been statistically superior over recent years. His study highlights recurring seasonal patterns, including stronger weekly medians and a historically positive late‑February week that may act as a trend signal for the coming year. This perspective suggests investors might rethink the crypto calendar.
👉 Read the article
🤖 Crypto Trails Behind AI and Robotics in Investor Attention
New data shows investors are shifting capital away from crypto toward booming AI and robotics sectors. With volatility, regulatory uncertainty, and weaker crypto performance this past year, ETFs focused on AI and robotics have delivered positive returns that appeal to risk capital. This shift suggests a broader competition for speculative funds beyond the crypto space.
👉 Read the article
💰 Tether vs Coinbase: Diverging Gold Strategies Amid New Highs
With gold climbing past $5,300 per ounce, the crypto world is witnessing a strategic split: Tether is accumulating physical gold, while Coinbase emphasizes derivatives trading. These different approaches underscore contrasting views of how to engage with safe havens, tangible assets, and market flexibility as macro uncertainty persists.
👉 Read the article
📉 Macro Risk Mounts for Bitcoin Ahead of Political Events
Bitcoin finds itself under rising macroeconomic stress as political uncertainty and scheduled U.S. data releases approach. Weak momentum, ETF outflows, and a negative premium indicator point to cooling institutional demand, while fear indices and derivatives market stress suggest sentiment is fragile heading into February.
👉 Read the article
💧 Crypto of the Day: XRP
XRP Eyes Stability Amid Legal and Market Support
Our crypto of the day is XRP, which started 2026 with a brief surge but has since been on a steady decline. The token’s price is down around 4% for the year, yet there are bright spots for long-term holders. Data from Santiment shows that the number of wallets holding at least 1 million XRP has increased for the first time since late last year, with a net gain of 42 high-value wallets. This suggests renewed confidence from major holders.
Meanwhile, the US XRP Spot ETF has seen mostly inflows this year, with just two minor outflows. Cumulative net inflows have reached $1.26 billion, and total value traded stands at $20.77 million as of January 28, highlighting steady institutional interest.
⚖️ Technical Outlook and Legal Relief
On the technical front, XRP is consolidating between $1.80 and $1.99, showing low volatility as the Bollinger Bands contract. The price remains just below the middle band at $1.985, signaling slightly bearish momentum, while the RSI at 43 points to mild weakness without entering oversold territory. Support lies near $1.80, and a rebound could push the price back toward $1.985 or the upper band at $2.17 if buying pressure builds.
Adding to optimism, the US Court of Appeals for the 9th Circuit recently dismissed a class action lawsuit filed against Ripple in 2018 by investor Bradley Sostack. This legal relief removes a layer of uncertainty for both retail and institutional participants.
Taken together, XRP shows signs of cautious stability, with technical, institutional, and legal factors all hinting at potential upside if key support levels hold.
📊 Real-time Performance (CMC)
💵 Current Price: $1.86
📉 24h Change: -3.91%
💰 Market Capitalization: $113.69B
🏅 CoinMarketCap Rank: #5
🪙 Circulating Supply: 60.85B XRP
📊 Trading Volume (24h): $3.13B
💼 Corporates Keep Betting on Bitcoin, Eyes on Long-Term Gains
Even as Bitcoin drifts sideways, companies are quietly stacking the digital asset. American Bitcoin Corporation holds over 5,800 BTC and has posted a 54.53% return per share, proving that careful accumulation can pay off. Strategy has strengthened its position by amassing more than 712,000 BTC through multiple waves of purchases, showing that institutional moves are deliberate, not impulsive.
📈 Big Players Stay Active
MicroStrategy, Galaxy Digital, and Coinbase are continuing to increase their BTC reserves, signaling that Bitcoin is becoming more than just a speculative play—it’s increasingly viewed as part of corporate treasury management. Firms are absorbing short-term volatility while keeping a long-term perspective.
🛡️ Bitcoin as a Treasury Tool
Public companies are treating BTC as a hedge and a diversification tool, integrating it into balance sheets to strengthen financial resilience. This strategy turns digital coins into strategic assets rather than just a risky gamble, showing a shift toward long-term thinking in corporate finance.
🌍 Market Implications
While the broader market may seem quiet, institutional accumulation highlights underlying confidence. These purchases act as a silent vote of trust in Bitcoin’s long-term prospects, indicating that corporations are willing to weather market swings for strategic advantage.
🔍 Observations to Keep in Mind
Corporate interest continues despite flat markets
Bitcoin’s role is shifting toward treasury and reserve management
Institutional patience contrasts with everyday market nervousness
The trend hints at a growing maturity in how businesses handle crypto
