Between early 2024 and late 2025, Germany's Kiel Institute for the World Economy analyzed about $4 trillion in shipments and, on January 20, 2026, reported that 96% of U.S. tariff costs were borne domestically. Foreign suppliers absorbed roughly 4% through minor price cuts, while higher import fees were passed along to businesses and households.

Binance founder Changpeng "CZ" Zhao has welcomed the New York Stock Exchange's plan to build a blockchain-based venue for trading tokenized stocks and ETFs around the clock with instant settlement. The NYSE intends to use its existing matching engine together with private blockchains, support stablecoin funding and multi-chain post-trade, while industry figures like Ripple's Reece Merrick and Galaxy Digital's Alex Thorn say the initiative could significantly reshape crypto-linked equity markets.

Over the last four months, India imported $5.9 billion of silver, a 400% rise versus Q4 2024 and 64% above the 2022 peak. Spot silver set a record at $94.61 an ounce, while MCX futures climbed 5.5% to ₹3.03 lakh per kg. ETF assets expanded to ₹72,907.44 crore by December 2025.

Bitcoin fell from $95,500 to a low of $93,000 in the past 24 hours, with altcoins also declining. The sharp move triggered heavy derivatives liquidations, with long positions bearing the brunt, while Ethereum slipped to $3,200. Bitcoin has since edged back to about $93,100.

Coinbase CEO Brian Armstrong has set three priorities for his participation in the 2026 World Economic Forum in Davos, focusing on economic freedom, cryptocurrency adoption and tokenization. He plans to meet world and bank leaders to discuss market structure legislation, fair treatment of stablecoins and broader access to capital markets for billions of unbrokered adults. Armstrong contrasts this agenda with his 2025 Davos experience, where debates around Trump's crypto policies and a proposed Strategic Bitcoin Reserve dominated discussions as Bitcoin hit record prices.

On January 19, 2026, analysis showed Europe holds about $12.6 trillion in US assets, exceeding the combined holdings of the rest of the world, yet most of this capital is in private hands and cannot be directly used as a policy weapon. EU policymakers are instead weighing options such as delaying a July trade deal and imposing around €93 billion in retaliatory tariffs, as strategists warn that any forced sell-off of US assets would damage Europe and face serious absorption limits in alternative markets.

XRP registered an 8,700% liquidation imbalance, with $522,900 in longs versus $6,040 in shorts and $528,940 in total liquidations. A Satoshi-era Bitcoin wallet that resumed selling on Dec. 4, 2024 most recently moved 500 BTC worth $47.77 million, while SHIB closed below its 20-day average with the lower Bollinger Band near $0.00000718.

On January 19, 2026, gold climbed to $4,689.39/oz and silver reached $94.08/oz after Donald Trump outlined new U.S. tariffs tied to a dispute over Greenland. The plan introduces a 10% levy on goods from eight European countries starting February 1, 2026, rising to 25% from June 1, 2026, alongside weaker European stocks and an upcoming Bank of Japan policy meeting on January 22-23, 2026.