# BITCOIN PLUNGES TO $92K & NYSE ANNOUNCES 24/7 TRADING PLATFORM

By [Jesse](https://paragraph.com/@jesse7tx) · 2026-01-20

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**Bitcoin Drops to $92,000 Following Trump’s "Greenland Threat"** Bitcoin (BTC) suffered a sharp decline as global risk appetite vanished following President Trump’s rhetoric about buying Greenland from Denmark and threatening increased trade tariffs on Europe. Losing over 4% in the last 24 hours (Jan 19-20) to slide from $96,000 to the $92,000 range, Bitcoin moved in tandem with risky assets. According to Bloomberg data, this geopolitical tension dragged down stock markets and triggered a $395 million liquidation wave in the crypto market. Technical analysts warn that losing the $92,000 support could lead to a pullback toward $88,000. 

**NYSE Developing 24/7 "Tokenized Securities" Trading Platform** The New York Stock Exchange (NYSE) officially announced **yesterday (Jan 19)** that it is developing a revolutionary platform where stocks can be traded 24/7 on the blockchain. According to The Block, this platform will allow investors to trade stocks like Apple or Tesla via stablecoins even when the market is closed. It was stated that the platform will work in compliance with the SEC and reduce settlement times from "T+1" to "instant" (T+0). This is a major step in merging traditional finance with crypto. 

**Makina Finance Suffers $5 Million Stablecoin Exploit** DeFi protocol Makina Finance announced **early today (Jan 20)** that its stablecoin pool was drained of $5 million due to a smart contract vulnerability. Security firm CertiK confirmed the attack was carried out via "flash loan" manipulation. While the attackers reportedly laundered the stolen assets quickly through Tornado Cash, the protocol has paused all transactions. 

**Crypto Funds See $2.2 Billion Weekly Inflows (Report Released Yesterday)** According to CoinShares' report released **yesterday (Jan 19)**, global crypto investment products recorded a total net inflow of $2.2 billion last week, marking the best performance since October. The fact that institutional investor appetite did not wane despite the geopolitical tensions and price drop was interpreted as a strong "buy the dip" signal. 

**"Pricing Glitch" Chaos at Paradex Exchange: All Trades Rolled Back** A technical glitch at the crypto derivatives exchange Paradex **yesterday (Jan 19)** caused Bitcoin prices to appear incorrectly, leading to millions of dollars in unfair liquidations. The exchange management announced in an urgent statement in the **last 24 hours** that all affected positions would be cancelled via a "rollback" method. 

**Bermuda Partners with Coinbase and Circle for "Fully Onchain" Economy** The government of Bermuda announced a strategic partnership with Coinbase and USDC issuer Circle on **Jan 19** to move its national economy entirely onto blockchain rails. According to the plan, taxes and public services in Bermuda will be payable with stablecoins, and tokenization infrastructure will be offered to local businesses. 

**MegaETH Launches "Global Stress Test" Before Public Release** MegaETH, claiming to be a "real-time blockchain," announced the launch of a global stress test **today (Jan 20)** before opening its mainnet to the public. As an Ethereum Layer-2 solution, the project aims to prove its 100,000 transactions per second (TPS) capacity under real-world conditions. 

**Hong Kong Industry Body Opposes Stricter Crypto Rules** Financial sector representatives in Hong Kong (HKIFA) officially opposed stricter crypto licensing rules proposed by regulators for asset managers in a statement **today (Jan 20)**. The industry argues that these rules would undermine Hong Kong's goal of becoming a "crypto hub" and drive capital to competitors like Singapore. 

[**Pump.fun**](http://Pump.fun) **Launches Its Own Venture Arm** [Pump.fun](http://Pump.fun), the viral meme-coin platform of the Solana ecosystem, announced on **Jan 19** that it has established its own investment fund to recycle trading revenues back into the ecosystem. By funding early-stage Web3 startups, the platform aims to prove it is not just a "meme factory." 

**13-Year "Dormant Whale" Moves $85 Million in Bitcoin** A Bitcoin wallet from the Satoshi era, inactive since 2013, suddenly became active **yesterday (Jan 19)** and moved $85 million worth of Bitcoin to a new address. Analysts state that this transfer might be for wallet security renewal rather than a sale, but the timing coinciding with the price drop was notable.

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*Originally published on [Jesse](https://paragraph.com/@jesse7tx/bitcoin-plunges-to-dollar92k-and-nyse-announces-247-trading-platform)*
