Crypto Market Dips Amid Dubai Regulations; Bitcoin Steady Near $90K

Daily Crypto Market Update – January 12, 2026

Welcome to your GhostTerminal crypto brief! Today we focus on XRP (Ripple), XLM (Stellar), HBAR (Hedera Hashgraph), FLR (Flare Networks), and XDC (XDCE Crowd Sale), alongside a quick look at Bitcoin and Ethereum for market context.

Focus Tokens

• XRP (Ripple): $2.04, down 2.25% in 24h
  XRP is facing some pressure after Dubai’s recent ban on privacy tokens and tighter stablecoin regulations. Ripple is known for cross-border payments, and regulatory changes in key markets can influence short-term price moves.
• XLM (Stellar): $0.2198, down 3.50% in 24h
  Stellar, which focuses on fast and low-cost cross-border transfers, also dipped amid the regulatory tightening news. This shows investor caution in tokens linked to payments and stablecoin ecosystems.
• HBAR (Hedera Hashgraph): $0.1153, down 2.45% in 24h
  Hedera’s price decline aligns with the broader market reaction to regulatory developments. Despite this, Hedera’s unique technology and governance model keep it well-positioned long term.
• FLR (Flare Networks): $0.01099, down 2.22% in 24h
  Flare Networks, which integrates smart contract capabilities with other blockchains, saw a modest pullback. This could be a short-term reaction as investors digest the market news.
• XDC (XDCE Crowd Sale): $0.0476, down 1.58% in 24h
  XDC’s slight decline is consistent with the sector-wide dip influenced by regulatory updates but remains stable compared to some peers.

Short-Term Outlook: Given the regulatory news from Dubai affecting privacy tokens and stablecoins, expect some cautious trading in these focus tokens over the next 48 hours. However, their core use cases in payments and smart contracts suggest resilience. Watch for potential buying opportunities as markets adjust.

Bitcoin & Ethereum Snapshot

• Bitcoin (BTC): $90,574, down 0.05% in 24h
  Bitcoin remains steady near the $90K mark, showing strong support despite minor dips. Its role as the market leader provides stability during uncertain times.
• Ethereum (ETH): $3,112.42, up 0.38% in 24h
  Ethereum continues a mild upward trend, driven by ongoing interest in decentralized applications and smart contracts. This positive momentum supports optimism for related tokens like FLR and HBAR.

Market Highlights

• Dubai bans privacy tokens, tightens stablecoin rules in crypto reset – Regulatory changes influence market sentiment.
• Coinbase pushes back against banks to keep rewarding users for holding stablecoins – Positive for stablecoin holders.
• Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine – Could strengthen Bitcoin ecosystem support.

TL;DR

Today’s market shows a slight pullback in XRP, XLM, HBAR, FLR, and XDC, mainly due to Dubai’s new crypto regulations targeting privacy tokens and stablecoins. Bitcoin holds steady near $90,500, while Ethereum edges up, reflecting ongoing interest in smart contracts. Investors should expect cautious trading in the next 48 hours but can remain optimistic about these tokens’ long-term potential given their strong use cases and the broader market’s resilience.