The crypto market is looking calm today. Bitcoin is steady just under $90,000. Ethereum, although it drops by 10% this week, looks ready to benefit from the Davos talks of tokenization. Davos is exposing cracks in the old system while accidentally advertising the new one. Bitcoin talk engagement rate is starting to climb during this low sentiment market.
Davos has become a good vehicle for crypto with settlements, collateral, liquidity, and withdrawals, words that decide who survives the next financial shock. As panels are wrapping up, it is clear that crypto is efficient, and time is all it needs.
Davos and the $14 Billion Stress Test Crypto Endured
One of the biggest talks at Davos came from CZ, Binance co-founder, who casually dropped a number that shook traditional bankers. $14 billion in net outflows after the FTX collapse, with $7 billion gone in a single day. Banks, on the other hand, he implied, would buckle under similar pressure, while crypto processed it.
In a single week, Binance processed $14B in withdrawals.
All without freezing access or breaking flow.@cz_binance highlighted this at Davos as a live proof of crypto infra under real stress.
Few traditional banks could stay solvent under that kind of load.
Transparency, full… pic.twitter.com/alIJYJuko4
— nezuko ♡ (@nezukodefi) January 22, 2026
Coinbase CEO Brian Armstrong is also fueling the argument by pointing out something rarely thought about. Banks lend out your money without asking.
Just before that, he also had a sharp exchange with the Bank of France governor. Armstrong framed Bitcoin as a ledger of accountability, especially for countries dealing with inflation-fueled deficit spending. Armstrong highlighted that Bitcoin is decentralized with no single entity controlling it during the argument as opposed to what the French Bank’s governor is trying to propose.
JUST IN: Coinbase CEO calls out Franch Central Bank governer:
“Bitcoin doesn't have a money printer. It's more independent” pic.twitter.com/2eW02mEaCy
— Bitcoin Magazine (@BitcoinMagazine) January 21, 2026
DISCOVER: 10+ Next Crypto to 100X In 2026
Tokenization and Machines
Tokenization in crypto-dominated Davos. We saw leaders talk about real assets, real settlements, and real efficiency gains. CZ, again, even floated a future where AI agents transact using crypto rails, skipping cards and banks entirely because automation does not need middlemen.
Crypto stablecoins are in the show too at Davos. Stablecoins are framed not as speculative tools but as backend infrastructure, and are already processing more volume than Visa and Mastercard. Circle’s Jeremy Allaire argued that yield-bearing stablecoins aren’t a threat to sovereignty but a competitive edge. Ripple’s Brad Garlinghouse called the debates “spirited.”
Spirited dialogue during today’s WEF session (to say the least), but one important point of agreement across the panelists was that innovation and regulation aren’t on opposite sides.
I firmly believe this is THE moment to use crypto and blockchain technology to enable economic… https://t.co/4d3jNeNC4h
— Brad Garlinghouse (@bgarlinghouse) January 21, 2026
Real-world assets now sit around $28 billion in DeFi TVL, with projections stretching into the trillions by 2030. Ethereum benefits, naturally, especially with JP Morgan being live on Ethereum.
BREAKING: J.P. Morgan, the world’s largest bank, is now live on Ethereum.
The official RWA product is My OnChain Net Yield Fund (“MONY”), powered by JPM Kinexys.
Tokenization isn’t theory anymore.
It’s bank-grade financial infrastructure. pic.twitter.com/NwFJMgwehw— Merlijn The Trader (@MerlijnTrader) January 22, 2026
Regulation, Reality, and Momentum
Regulation replaced rhetoric. CZ warned that global rules won’t be one-size-fits-all. Finance isn’t a universal socket. Armstrong pushed stablecoin yields as a way to keep the US competitive with its dollar, while David Sacks tied crypto leadership directly to AI dominance. Even banks joined the same path, with executives openly calling blockchain the future now.
DAVID SACKS: “AFTER THE MARKET STRUCTURE BILL PASSES, BANKS ARE GOING TO FULLY GET INTO CRYPTO” Just in from Davos 2026.
Watch.
pic.twitter.com/FZvjKDyDGg — SMQKE (@SMQKEDQG) January 21, 2026
The UAE earned praise as an innovation hub, privacy models shifted toward configurable compliance, and tokenized stocks hit record market caps. None of it felt speculative this time. At Davos, the tone towards crypto was practical, and it is bullish.
Past Davos meetings sold nothing; this one shipped blueprints for what’s next for crypto. In my opinion, if finance were plumbing, TradFi would still be arguing about pipe materials while crypto just reroutes the water.
DISCOVER:
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The post Crypto Market News Today, January 23: Bank Can’t Handle $14 Billion Withdrawal! What Crypto Learns From Davos appeared first on 99Bitcoins.
