Donald Trump said on Jan. 21 at Davos that the United States would not use force and seeks only Greenland, BlockBeats reports. Gold fell about $40 to $4,845.07 per ounce, while cryptocurrencies rebounded with Bitcoin rising 0.86% over the past hour to $86,459.

Between 10:00 and 20:00 on Jan. 21, several large traders adjusted positions across major crypto assets, Hyperinsight data cited by BlockBeats show. Long-biased whale "pension-usdt.eth" fully closed its Bitcoin long exposure and opened 3x leveraged ETH short positions worth $73.52 million, while another whale with cumulative swing-trading profits of $98.18 million rebuilt a long position of 20,000 ETH. The address described as the largest on-chain PAXG bull took $330,000 in profit on its PAXG longs, cutting position size from $7.3 million to $3.58 million. On the short side, a whale known as "闪电反手" closed ETH shorts for $1.312 million in profit and added to BTC longs, while swing trader nemorino.eth sold 3,000 WETH.

Whale trader address pension-usdt.eth fully exited its Bitcoin long position and opened a 3x leveraged short on ETH worth $73.52 million on Jan. 21, BlockBeats reports citing Hyperinsight data. The entry price for the ETH short position is $2,927.33.

The Solana Policy Institute issued an open letter on Jan. 21 calling for clearer legal protections for non-custodial developers. The institute cited the guilty verdict of Tornado Cash developer Roman Storm as a critical test for U.S. open-source technology policy. The Senate Banking Committee's latest cryptocurrency bill text states that developers who do not control user funds should not be classified as money transmitters, The Block reports.

Wall Street institutions are reducing their Bitcoin cash-and-carry positions as annualized returns dropped to about 4.7% from roughly 17% a year earlier, Bloomberg reported on Jan. 21. The strategy involves buying spot Bitcoin while selling futures to capture the spread, which has narrowed due to heavy market inflows.

Alecta, Sweden's largest pension fund, sold most of its U.S. Treasury holdings on January 21 in a disposal worth about SEK 70–80 billion ($7.7–$8.8 billion), BlockBeats reports. The fund attributed the move to rising U.S. policy risk and unpredictability. A day earlier, Denmark's Akademiker Pension said it would offload around $100 million of U.S. Treasuries, citing growing credit risk linked to U.S. fiscal sustainability and policy direction, Jin10 reported.

Nasdaq-listed KindlyMD said on Jan. 21 it has rebranded to Nakamoto and holds about 5,400 BTC worth over $500 million since adopting its Bitcoin treasury strategy, Businesswire reports. The company said the move aligns its identity with its long-term Bitcoin strategy and clarifies its goals.

Bitcoin fell over 0.5% and Ethereum dropped more than 1% on Jan. 21, with ETH hovering near $2,900, BlockBeats reports. Coinglass data show funding rates on centralized and decentralized exchanges skewed bearish for BTC, ETH and SOL, with Ethereum and Solana funding rates on Binance turning negative.

Vietnam's Ministry of Finance issued a resolution on Jan. 21 to pilot a formal licensing framework for cryptocurrency trading platforms, aiming to bring the sector under regulation after a prolonged period in a legal grey area, Cryptonews reports. The State Securities Commission will oversee the issuance, modification and revocation of operating licenses for crypto asset trading venues and has released detailed application guidelines. The regime requires applicants to be Vietnam-based companies with minimum paid-in capital of 10 trillion Vietnamese dong (around $380 million) and to meet strict criteria on infrastructure, governance, cybersecurity and professional staffing. Around 10 securities firms and banks have indicated plans to enter the market once licensed, according to Cryptonews.