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2 Jan, 2026

Crypto starts 2026 on a high note

What's being bought and sold*

TOP TRENDING ASSETS

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*Trading activity in the past 24 hours on the Uphold platform, as of 8 a.m. 2nd January 2026.

The combined total of buy and sell percentages can exceed 100% due to customers who engage in both buying and selling the same asset within the 24-hour time frame.

Don’t invest in crypto unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

What’s up

Traders Kick Off The New Year With A Bang

Crypto markets began 2026 in good spirits.

Bitcoin (BTC), Ethereum (ETH), and XRP all rose in early trading with gains of 1.8%, 2.4% and 2.6% respectively for the trailing 24 hours as of 7:30 a.m. (EST) according to CoinGecko.

While prices rose, trading data also added to the good vibes. Data from The Block showed that the volume of transactions on the Ethereum network reached a seven-day moving average of 1.87 million on December 31 — an all-time high that exceeds the level reached in the spring of 2021 at the height of the DeFi bull market.

ETF investors are also in good spirits: According to SoSoValue, XRP ETFs registered a 29th consecutive day of positive net inflows on New Year’s Eve.

What's down

Strategy Shares Continue Losing Streak

On Thursday, crypto analyst Chris Millas noted that shares of Strategy  (MSTR) registered its sixth consecutive down month in December with a loss of more than 14%. This marks the longest monthly losing streak for the stock since the company began buying BTC as a treasury asset in August of 2020.

MSTR’s returns diverged from BTC during 2025, with its share price down 47.53% for the year versus a pullback of only 6.3% for the benchmark token, according to Bloomberg, as investors soured on crypto treasury stocks.

Strategy has signaled that it will continue undaunted, with CEO Michael Saylor announcing a new BTC purchase on December 29th.

What's next

Bitwise Rings In The New Year With 11 New Crypto ETFs

On December 30th, Bitwise Asset Management filed with the SEC to launch 11 new altcoin ETFs in a bet that U.S. securities investors will diversify their crypto allocations in 2026.

Dubbed the “strategy ETF” series, the new offerings are linked to coins including Ethena (ENA), and Uniswap (UNI).

Bitwise — which oversees more than $15B in assets — took advantage of new guidance for Crypto ETFs released by the SEC in October to register the large number of new products with a single filing.

The firm expects that other managers will join them in the rush to issue new Crypto products, predicting more than 100 new listings in the year ahead.


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