News/Daily Market Wrap | Jan. 29

Daily Market Wrap | Jan. 29

Jan 29,2026,18:50

Hot Topics

  • Universal Digital launches USDU, the UAE's first Central Bank-registered USD stablecoin for digital asset settlement.
  • Russia plans to implement a comprehensive crypto regulatory framework in July 2027, allowing limited retail participation.

Market Updates

  • JPMorgan says weaker dollar isn't boosting Bitcoin gains, as it's treated as a risk asset rather than a hedge like gold.
  • Crypto PAC Fairshake has amassed over $193 million for the 2026 midterms, including recent Ripple and a16z donations.
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