📅 January 16, 2026 Market Information 📊 Market Trends BTC and ETH fluctuated and declined in the past 24 hours, while altcoins showed mixed performance. The three major US stock indices showed divergent performance: the Dow Jones Industrial Average rose 0.29%, the S&P 500 rose 0.61%, and the Nasdaq Composite rose 0.89%. 🔹 Industry News - Polygon has laid off approximately 30% of its staff as part of its integration efforts following the acquisitions of Coinme and Sequence. The company is shifting from traditional expansion and the DeFi narrative to an "open currency stack" strategy centered on stablecoin payments. - Cross-chain aggregation Dex platform Infinix announced that its public offering has ended, with 868 participants raising 7.214 million USDC. Those who subscribed for $5 million received an allocation of 5% of the INX supply and approximately $2.21 million was refunded. - X (formerly Twitter) revoked API access for the Infofi app, causing KAITO to briefly drop by over 15%; Nikita Bier, the head of Infofi, stated that the app paid millions of dollars for API access, but the platform no longer needs that revenue. - Several tokenization companies refuted Coinbase's opposition to the CLARITY bill. - Pudgy Penguins partnered with Premier League club Manchester City to launch collectibles and merchandise.