Bitcoin Holds Steady as Arizona Pushes Crypto Tax Exemption and FOMC Looms

In today's episode, we cover the key stories shaping crypto markets on January 28th, 2026. Bitcoin holds steady around eighty-nine thousand dollars as traders await the FOMC meeting with Fed Chair Powell's commentary expected to drive volatility. Arizona lawmakers advance groundbreaking legislation to exempt crypto from property taxes, while Tether launches USA₮, a new federally regulated stablecoin. We also dive into Ethereum co-founder Vitalik Buterin's admission of a major design mistake, the growing threat stablecoins pose to regional banks, and why crypto miners are pivoting to AI amid profitability pressures. Plus, Chinese-language money laundering networks now account for twenty percent of illicit crypto flows, and altcoins surge as the dollar slides to four-year lows.