GasWrangler

Cryptocurrencies are shifting from hype to practicality, and by the end of 2026, half of the Fortune 500 companies are expected to be involved in crypto assets. Stablecoins will become the infrastructure for cross-border settlements, and payment giants have already begun integration. Banks are also accelerating their deployment, with institutional investment barriers gradually being removed. Cryptocurrency is expected to become mainstream within the next five years.

The USD stablecoin ctUSD launched by Bitcoin application layer project Citrea, issued by MoonPay, is backed by US short-term Treasury bonds and cash, addressing the lack of a unified yield mechanism and transaction settlement infrastructure in the Bitcoin market. The launch of ctUSD helps to bring financial activities back on-chain and complies with regulatory requirements, being approved for use in the United States and multiple other countries.

BitMine Chairman Tom Lee predicts in a podcast that the market in 2026 will continue the trend of 2025, with blockchain and artificial intelligence receiving policy support, but political disagreements may impact the market. The US stock market is expected to experience a rebound after adjustments, and Bitcoin is also likely to reach new highs, although no target price was mentioned again. Overall, the market faces a "first decline, then rise" situation.

The Boundless team leverages RISC Zero's zero-knowledge proof network to create a cross-chain verification system, enabling Bitcoin to handle the settlement and verification of computationally intensive ZK proofs. They anchor complex computations to Bitcoin through the BitVM framework and Citrea ZK-rollup, connecting Ethereum and Base, with the goal of making Bitcoin the ultimate verification layer for zero-knowledge proofs to meet the growing infrastructure demands.

【Crypto World】The global trade tensions combined with bond market turbulence have dealt a heavy blow to the US stock market. The S&P 500 index fell by 2.05%, wiping out all gains since the beginning of the year; tech stocks fared even worse, with the Nasdaq 100 index dropping by 2.08%. Market panic is evident— the VIX volatility index surged sharply, temporarily breaking above 20, reaching the highest level since November of last year. The sell-off of Japanese government bonds pushed up US bond yields, while escalating trade frictions between China and Europe heightened investor anxiety. Under this dual pressure, risk assets are left with nowhere to hide.

A suspected GameStop-related wallet recently transferred 2,396 BTC, accounting for half of its Bitcoin holdings, attracting market attention. The company had previously made large Bitcoin purchases through this platform and is currently facing an unrealized loss of $70 million. Investors are speculating about its intentions.

Bitmine Immersion Technologies was approved for financing authorization at the shareholders' meeting, allowing an increase in the maximum number of shares that can be issued, leaving room for subsequent financing and mergers and acquisitions. The company currently holds a large amount of crypto assets and cash, and management has pledged not to issue shares at a price below the market net asset value, balancing flexible financing with investor interests.

【Crypto World】Large USDC transfer appears on the blockchain! A transaction of 236,000,000 USDC (worth approximately $2.36 billion) just occurred, with funds moving from one mysterious wallet to another. This transaction size is uncommon in stablecoin transfers and may reflect large investors' fund reallocation or position adjustments between exchanges. Whale movements often impact market liquidity and short-term trends, so it’s worth paying attention.

GameStop recently transferred 2,396 Bitcoins to a compliant custody platform, sparking market speculation that they may be bottoming out and exiting. Last year, their Bitcoin holdings reached as high as 4,710 coins, with a book value of over $500 million. This move may be a capital allocation adjustment, further observation is needed.

DeAgentAI (AIA) has been re-launched after the contract upgrade, and the market response has been enthusiastic, with the AIA/USDT contract increasing by 91.90%. The spot market also performed strongly, with a rise of up to 186.85%. The funding support has strengthened, indicating that investors' confidence in the project remains high and is worth paying attention to.

The U.S. president and their family have significantly increased their holdings in crypto assets, approaching one-fifth of their total assets for the first time, reflecting that crypto and digital businesses are becoming new sources of wealth growth for high-net-worth individuals. This change could deepen the connection between the crypto industry and mainstream politics and economics, influencing policy environments and market attitudes.

Ethereum's recent transaction volume has exceeded 2.9 million transactions, but the ETH price has not increased. The reason is a large-scale "address poisoning" attack. 80% of the abnormal growth in new addresses is related to stablecoins, and 67% of new active addresses' first transactions are less than $1. These attacks pollute users' transaction histories by airdropping micro-stablecoins, misleading users into transferring funds mistakenly. Changes in transaction patterns weaken the true demand signals behind the transaction volume.

Billionaire Grant Cardone's real estate company Cardone Capital announces an additional $10 million investment in Bitcoin, reflecting institutional investors' optimism about Bitcoin and showing that traditional capital is actively exploring diversified portfolios, viewing Bitcoin as a hedging tool.

A whale whale trader made a profit of $96,000 after closing a short position of 100 BTC, then used 40x leverage to go long on 100 BTC, demonstrating a high-risk appetite trading strategy. This fast-in, fast-out approach reflects their risk awareness and is worth paying attention to.

Recently, Meme coins on the BSC chain have gained popularity due to topics related to the US stock market, with market capitalization rising from $2.4 million to $5.37 million, now stabilizing at $5.1 million. These tokens are highly volatile, so caution is needed regarding risks and contract addresses. Participation should be cautious to control risk exposure.

Solana Mobile confirms that the SKR token airdrop will begin on January 21, with nearly 2 billion tokens distributed to users and developers. Users can earn more tokens through interaction. Market reactions to the price are mixed, and analysts believe the current pricing is unreasonable. Overall, the airdrop's cost-effectiveness has sparked discussion.

Hyperliquid's Trade.xyz launched the XYZ100 isolated margin mode for trading on January 20th, allowing users to withdraw unrealized profits or losses. XYZ100 is an on-chain digital version of the Nasdaq 100 index, supporting 24-hour trading and leverage, enhancing risk management flexibility.

Trump announces 200% tariffs on French wine and champagne, triggering market volatility. Bitcoin briefly drops below $92,000, and gold prices approach the historic high of $4,700, reflecting market concerns over trade uncertainties and the strong performance of safe-haven assets.

The Korean financial regulatory authorities recently launched reforms, abolishing the long-standing "1 Exchange – 1 Bank" rule aimed at breaking market monopolies and enhancing competition and user choice. The reform measures include allowing exchanges to issue crypto derivatives and opening corporate accounts for participation in trading to promote market liquidity. This direction has gained consensus from the two major political parties and will be incorporated into the legislation of the "Basic Digital Asset Law" in the future, reflecting a shift in the Korean financial authorities' attitude towards the crypto market.

Norwegian company K33 launches crypto asset collateralized lending service, allowing users to exchange Bitcoin and Ethereum for stablecoin loans. The service is initially available only to select customers. K33 also invests its own Bitcoin to increase liquidity and returns, demonstrating traditional financial institutions' accelerated exploration of crypto asset commercialization.