OSL Research Daily Brief | Jan 30, 2026

1. Last night, driven by escalating geopolitical tensions, global mainstream risk assets dived, and volatility in the crypto market intensified. BTC fell approximately 8% to test $81,000, while ETH dropped over 8% to $2,700.

2. OSL Group has completed a $200 million equity financing. The funds will be used to strengthen its financial position, pursue strategic acquisitions, and accelerate global expansion in stablecoin trading and payments.

3. The U.S. Senate Agriculture Committee passed the Crypto Asset Market Structure Bill by a vote of 12–11. This marks the first time the bill has cleared the committee stage at the Senate level, moving it to the next procedure.

4. Russia's crypto regulation bill is expected to be voted on by the end of June. If passed, it will take effect on July 1, 2027, with strict rules including exchange registration requirements, retail investor qualification tests, and an annual purchase cap of $4,000.

5. Tesla maintained its Bitcoin holdings of 11,509 coins in the fourth quarter. However, as the Bitcoin price fell from approximately $114,000 to $88,000, the company recorded an after-tax impairment loss on digital assets of about $239 million.

6. The UK government has instructed banks and financial institutions to provide services to compliant cryptocurrency businesses and customers to reduce "debanking" and balance innovation with financial stability.

7. Robinhood CEO Vlad Tenev stated that tokenized stocks enable real-time settlement and reduce systemic risk. He believes tokenization in the U.S. is inevitable and called for the passage of the CLARITY Act to establish reasonable guidelines.

8. The number of Solana validators has dropped significantly from a peak of 2,560 in March 2023 to 795, a decrease of 68%. The Nakamoto coefficient fell by 35% over the same period, as smaller validators were forced to exit due to high costs.

9. Universal Digital Intl Limited launched the USDU dollar stablecoin, which has been registered by the UAE Central Bank as the first foreign payment token, backed by 1:1 dollar reserves held by multiple institutions.

10. JPMorgan Private Bank strategists noted that although the US Dollar Index fell 10% over the past year, Bitcoin fell 13%, behaving more like a liquidity-sensitive risk asset rather than a store of value.