Wall Street waits for January 15 again, a congressional schedule that will change the fate of Bitcoin and Ethereum. The bells of 2026 have already rung. For most people, this is just another start to the new year, but for keen capital, there is a long-lost calm before the storm in the air. Over the past few years, we have witnessed every struggle of cryptocurrencies from the fringes to the mainstream: the collapse of FTX, Binance's settlement, and the approval of crypto ETFs. If you think those were already big scenes, then brace yourself— the ultimate showdown is on the legislative front, and it will mark the end of an era in just two weeks on January 15. The Senate Banking Committee has officially scheduled a markup of legislation on the crypto market structure. A markup is a specific term referring to the process where a congressional committee formally reviews, debates, amends, and votes on a bill draft. Over the past decade, the US crypto industry has lived in a Schrödinger's compliance state: the SEC Chair only issues vague threats on TV, causing markets to plummet; developers innovate in fear; institutions hesitate and watch. The January 15 hearing signifies that this year will be turned over. It is not just a vote; the House has already passed the Digital Financial Innovation Technology Act, FIT21, or its core spirit, which involves substantial implementation by participants. The core of this legislation is about clarifying property rights—drawing clear boundaries, explicitly stripping the SEC of transitional jurisdiction over the vast majority of digital assets, and assigning the main regulatory role to the CFTC as the digital commodity regulator. When the era of brutal enforcement ends and is replaced by clear legal provisions, this will be the starting gun that Wall Street giants have been waiting for. Bitcoin, from digital gold to a global sovereign asset—if you are still viewing Bitcoin through the old narrative of fighting inflation and a four-year cycle, you may have underestimated the landscape of 2026. The legislation on the 15th will finally integrate Bitcoin into the global financial bloodstream— a revolution in asset-liability management. With the full implementation of the FASB (Financial Accounting Standards Board) new regulations in the US, along with clear commodity regulations, corporate holdings of Bitcoin will no longer be toxic on financial statements; there will be no need to recognize impairment losses, but instead measure at fair value. Imagine when Apple, Microsoft, or even Berkshire Hathaway start allocating 1% of their cash reserves to Bitcoin—what scale would that be? A pawn in the sovereign game. The passing of legislation means the US government officially recognizes Bitcoin’s strategic position. In today’s undercurrent of de-dollarization worldwide, Bitcoin is no longer the enemy of the dollar but a backup anchor currency for the dollar system in the digital age. Under the sunlight of compliance, Bitcoin will complete a stunning leap from alternative investment to a core real asset. In the future, Bitcoin will be like US Treasuries, becoming the foundation of global liquidity. #加密行情预测