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The cryptocurrency market on January 29, 2026, is marked by a flurry of regulatory activity, significant technological advancements, and varied asset performance, painting a dynamic picture for investors and enthusiasts alike.
Regulatory Landscape Takes Center Stage
Today, the focus intensifies on the regulatory front with key developments in the United States and the United Kingdom. The U.S. Senate Committee on Agriculture, Nutrition, and Forestry has rescheduled its highly anticipated markup session for the crypto market structure bill to January 29. This move signals renewed bipartisan momentum and could pave the way for clearer definitions of jurisdiction between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), potentially unlocking substantial institutional investment. Concurrently, the SEC and CFTC are holding a joint public meeting to discuss coordinating regulatory efforts within the crypto sector. This collaboration aims to establish a unified regulatory framework, solidifying the U.S.'s position as a leader in digital assets.
Across the Atlantic, the United Kingdom has ushered in new tax rules for crypto assets, with the Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025 coming into effect on January 1, 2026. These regulations mandate crypto service providers to conduct thorough due diligence and collect comprehensive transaction data. Meanwhile, a report from Standard Chartered has issued a cautionary note, estimating that stablecoins could divert approximately $500 billion from U.S. banks by 2028, a forecast that is expected to escalate discussions around digital asset regulation.
Bitcoin Consolidates Amid Macroeconomic Watch
Bitcoin (BTC), the market's leading cryptocurrency, is currently navigating a period of consolidation, trading largely within the $81,000 to $95,000 range, with its price hovering around $88,000-$89,000. Despite broad dollar weakness, Bitcoin has struggled to achieve a decisive breakout, as traders remain cautious ahead of the Federal Reserve's policy meeting today. The Fed is widely expected to keep interest rates unchanged, with market participants eagerly awaiting signals regarding future rate cuts. Analysts note that futures market data suggests a potential target for Bitcoin at the $93,500 liquidity zone, driven by a concentration of leveraged short positions that could trigger a cascade of liquidations if reached. Indonesian market analysis indicates a potential for sideways movement with a mild bullish bias, with Bitcoin possibly testing resistance in the Rp1.50–1.53 billion range.
Ethereum Forges Ahead with AI Integration and Quantum Preparedness
Ethereum (ETH) is poised for a significant technological leap with the expected launch of ERC-8004 today. This new standard aims to enable trustless interaction and verification among AI agents on the Ethereum network, fostering a new era of decentralized AI applications. Beyond this, Ethereum is actively progressing in its quantum security initiatives. An estimated 20% of the necessary upgrades to enhance post-quantum security are already complete, with further collaborative discussions slated for February 2026. This proactive approach aims to future-proof the network against emerging quantum computing threats. Institutional adoption of Ethereum continues to gain momentum, with significant amounts of ETH held in corporate treasuries and its increasing role in real-world asset tokenization.
Altcoins Experience Renewed Interest
While Bitcoin consolidates, several altcoins have demonstrated impressive performance, signaling a potential rotation of capital within the market. Over the past week, tokens like Hyperliquid (HYPE), Pump.fun (PUMP), River (RIVER), and Canton have registered substantial gains, with Hyperliquid leading the charge with a 65% increase. This surge in altcoin activity has contributed to an increase in altcoin dominance. Other altcoins such as Hedera (HBAR) and USOR are also on traders' watchlists, exhibiting signs of accumulation and strong bullish momentum, respectively.
Security Concerns Highlight Ongoing Challenges
In a development underscoring persistent security challenges in the crypto space, the US Marshals Service is investigating a potential breach of government digital asset accounts. It is alleged that over $60 million was stolen in late 2025 from wallets, some of which reportedly held seized cryptocurrencies by the government. This incident highlights the critical need for robust security measures across all facets of the digital asset ecosystem.
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What will the price of ORDI be in 2027?
In 2027, based on a +5% annual growth rate forecast, the price of ORDI(ORDI) is expected to reach $4.17; based on the predicted price for this year, the cumulative return on investment of investing and holding ORDI until the end of 2027 will reach +5%. For more details, check out the ORDI price predictions for 2026, 2027, 2030-2050.What will the price of ORDI be in 2030?
About ORDI (ORDI)
What Is Ordinals?
Ordinals is a groundbreaking system that introduces a novel way of attaching arbitrary assets to satoshis, the smallest unit of Bitcoin. This innovative approach allows for the creation of NFTs (Non-Fungible Tokens) directly on the Bitcoin network. Unlike traditional NFT platforms that require separate tokens or changes to the blockchain, Ordinals seamlessly integrates within the existing Bitcoin infrastructure. Launched in January 2023, the introduction of Ordinals has led to a significant surge in Bitcoin transactions, resulting in network congestion and a notable rise in gas fees.
The essence of Ordinals lies in its ability to operate with inscriptions written on the Bitcoin blockchain. Through the ORDI protocol, diverse forms of information, including text, images, sound, and video, can be inscribed onto a satoshi. Given that Bitcoin comprises 2.1 quadrillion satoshis, the Ordinals protocol unlocks a plethora of new use cases, particularly in the realm of NFTs and tokens.
Resources
Official Documents: https://docs.ordinals.com/
Official Website: https://ordinals.com/
How Does Ordinals Work?
Ordinals in Bitcoin are a way of giving unique numbers to individual satoshis based on the order they are created. It's like giving each satoshi its own special ID. When satoshis are moved from one place to another, their order is maintained, just like a "first-in, first-out" system. These ordinal numbers are not officially recognized by the Bitcoin system itself, but they are important to a community of Bitcoin enthusiasts who find value in them.
Inscriptions are like additional information or pictures attached to these ordinal numbers. They are stored within the transaction data of Bitcoin. To create an ordinal NFT, people send a transaction for a specific satoshi and attach the desired information. It's like adding a special message or image to that satoshi. Unlike traditional NFTs on other platforms, ordinals can be treated as either fungible or non-fungible, depending on the owner. Regular ordinals can be used for regular Bitcoin transactions, but the attached information stays with them. On the other hand, NFTs on other networks, such as Ethereum, are different from fungible tokens and are treated separately.
What Is ORDI Token?
ORDI is the utility token of the Ordinals ecosystem. Each ORDI token corresponds to one satoshi upon its creation. The subsequent value of an ORDI token lies in its attributes, demand, and rarity. With a total supply and circulating supply capped at 21,000,000, ORDI tokens represent a finite resource in the ever-evolving world of cryptocurrency.
What Determines Ordinals's Price?
In the dynamic world of cryptocurrency and blockchain, the price of a digital asset like Ordinals is influenced by a myriad of factors. At its core, the law of supply and demand plays a pivotal role in determining the price of Ordinals. Given that ORDI tokens have a capped supply, their scarcity can drive up demand, especially if the utility and adoption of the Ordinals system gain traction within the blockchain community. As more users recognize the value of creating NFTs on the Bitcoin network using Ordinals, the demand for ORDI tokens can surge, positively impacting their price.
External market conditions also wield significant influence over Ordinals's price. News, regulatory changes, technological advancements, and broader market sentiment can lead to price fluctuations. For instance, positive news about Ordinals or endorsements from influential figures in the crypto space can lead to increased buying pressure. Conversely, regulatory challenges or competition from similar projects can exert downward pressure on its price. Furthermore, the overall health and sentiment of the cryptocurrency market, often led by major players like Bitcoin and Ethereum, can indirectly sway the price trajectory of ORDI tokens.
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