Bitcoin Blasts Past 92K on CPI Data as Bitmine Bets Big on Ethereum Staking
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Bitcoin Blasts Past 92K on CPI Data as Bitmine Bets Big on Ethereum Staking
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Hey folks, Crypto Willy here on The Bitcoin & Cryptocurrency Investment Show, bringing you the hottest updates from the past week leading into January 13, 2026. Bitcoin's been on a tear, smashing past $92,500 after the Bureau of Labor Statistics dropped December CPI data showing 2.7% year-over-year inflation—right on economists' noses, with core CPI at 2.6%. Bitcoin Magazine reports this cleared the late-2025 data fog, boosting soft-landing hopes and Fed cut odds, even amid DOJ probes into Fed Chair Jerome Powell fueling that safe-haven vibe. BTC's hovering around $92,300 now, with U.Today noting a breakout above $92,576 resistance on the hourly chart, eyeing $94,000 and potentially $100k if bulls hold strong.
Over on Ethereum, Bitmine's staking a massive $4 billion—nearly a third of their $13 billion stash—positioning as the world's top staker, per DL News. Chair Tom Lee, backed by Peter Thiel's Founders Fund and Cathie Wood's ARK Invest, projects $374 million annualized revenue and calls the mini crypto winter post-October 2025 over. He's urging shareholders to vote by January 15 on his stock split proposal to juice shares from 500 million to 50 billion. Lee's supercycle bullish, forecasting ETH to $250k, with Standard Chartered's Geoffrey Kendrick dubbing 2026 Ethereum's year, hitting $40k by 2030 on stablecoin and tokenization waves, especially if the Clarity Act passes Q1.
Price predictions are firing up too—Changelly forecasts BTC climbing to $100,639 by January 15, averaging $97,995 this month with a max near $104,947. Meanwhile, IG sees consolidation below $95k due to macro jitters, but BeInCrypto says shrinking losses could push to $95k soon. KESQ reminds us BTC's at $93k now, up from pennies in 2010, though Warren Buffett still calls it magic without yield.
US Senators just unveiled draft legislation for crypto market rules, clarifying jurisdiction, says AML Intelligence—huge for regulatory clarity.
Markets at a glance: BTC up 1.9% to $92,440, ETH +0.8% at $3,139, total crypto cap at $3.1 trillion post-pullback.
Thanks for tuning in, pals—catch you next week for more crypto action! This has been a Quiet Please production. For me, check out Quiet Please Dot A I. Stay stacked!
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