WisdomTree Withdraws its Spot XRP ETF S-1 Registration Statement

**Bitcoin Pulls Back Toward Year’s Open After Near-$95k Peak (Jan 8) – Cointelegraph** Bitcoin has fallen back to near its year-opening price after climbing to nearly $95,000, with intraday risks of dipping below $90,000, per Cointelegraph. Material Indicators co-founder Keith Alan noted: *“Bitcoin’s initial breakout attempt has been clearly rejected.”* Earlier this week, he flagged bearish pressure on higher timeframes, highlighting key technical support in the $87,500–$89,000 range. Alan added: *“A macro death cross is likely to form on the weekly chart later this month. Any upcoming rebounds should be treated as a ‘sell the high’ opportunity unless evidence suggests otherwise.”* Trader Roman—who has repeatedly warned of Bitcoin’s 2025 macro downside risk—reiterated a short-term target of $76,000 (last seen in April this year). *“At ~$89,000 now, downside remains intact,”* he said. *“I still expect $76k to hit—this consolidation is just a reset to get there. No reversal s

January 8 (CoinDesk) — JPMorgan Chase’s latest analysis indicates the recent cryptocurrency market sell-off may be nearing an end. Analyst Nikolaos Panigirtzoglou noted outflows from Bitcoin and Ethereum ETFs have stabilized in January, while futures market positioning metrics show investors’ deleveraging that began late last year has largely concluded. JPMorgan also highlighted that market liquidity remains robust, explaining the correction was primarily spurred by de-risking following MSCI’s October 2024 announcement it could exclude crypto-related firms — not broader market pressure. MSCI recently ruled against excluding crypto-related companies in its February 2025 global index review, providing short-term market relief and reducing forced selling risks tied to index rebalances.

On January 8, U.S.-listed cryptocurrency-related stocks opened lower, per Bitget market data, with the following moves: - BitMine Immersion (BMNR): down 2.7% - Robinhood (HOOD): down 1.9% - American Bitcoin (ABTC): down 1.8% - SharpLink Gaming (SBET): down 0.9% - MicroStrategy (MSTR): down 0.5%

Jan. 8 — Per Onchain Lens monitoring, BitMine has staked an additional 57,600 ETH, valued at $176.16 million. To date, the firm’s total staked ETH stands at 965,792, with an aggregate value of $2.97 billion.

On January 8, the Optimism Foundation put forward a proposal to more closely link the OP token to the Superchain’s success. Under the plan, starting this February, 50% of Superchain revenue will go toward repurchasing OP tokens.

On January 8, Ethereum treasury management firm SharpLink announced it has deployed $170 million worth of ETH to Linea, leveraging an enhanced yield strategy. The strategy combines Ethereum’s native yield, EigenCloud restaking rewards, direct incentives from Linea and ether.fi, with all assets held in custody by institutional-grade qualified custodian Anchorage Digital.