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The collapse of the InfoFi ecosystem, including projects like Kaito, was caused by a structural reliance on centralized platforms, according to a report from Asian Web3 research firm Tiger Research. The firm noted that the ecosystem crumbled within just three days of a policy change at X, formerly Twitter. On Jan. 15, X Product Lead Nikita Bier announced that the platform would no longer permit apps that reward users for posting, which triggered the downfall of InfoFi projects. The report stated that the InfoFi sector's collapse offers lessons on the risks of depending on centralized platforms and the limitations of certain incentive designs. However, Tiger Research suggested that the sector is not finished, predicting that the few projects that have found product-market fit will survive through an "InfoFi 2.0." The report outlined several potential paths for these projects, including shutting down, pivoting to a bounty-style grant platform, adopting a sponsored influencer review model, expanding to multiple platforms like YouTube and TikTok, or developing into a management service for key opinion leaders.

An early Ethereum investor address beginning with 0x8E2 deposited 14,183 ETH, worth $41.93 million, to Coinbase approximately 45 minutes ago, according to on-chain analyst ai_9684xtpa. The transaction marks the address's first deposit of over $1 million in ETH to an exchange in three years.

Operational control of the crypto social network Lens Protocol has been transferred from Aave to Mask Network, Cointelegraph reported. Under the new arrangement, Mask Network will lead the development of social applications, while Aave will transition to a technical advisory role to focus on DeFi. Ethereum founder Vitalik Buterin has previously praised the Lens project.

South Korean crypto exchange Upbit has announced it will temporarily suspend services for several assets due to a planned Stellar network upgrade. The suspension will begin at 8:00 a.m. UTC on Jan. 22 and will affect deposits and withdrawals for Stellar Lumens (XLM) as well as withdrawals for Aqua (AQUA) and Mobius (MOBI).

Alchemy Pay (ACH) announced that it has obtained a Money Transmitter License (MTL) in the U.S. state of Nebraska. This brings the total number of U.S. states where Alchemy Pay holds an MTL to 14.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for Ardor (ARDR) to support a network upgrade. The suspension will begin at 9:00 a.m. UTC on Jan. 31.

Binance has announced it will list Ripple USD (RLUSD) at 8:00 a.m. UTC on Jan. 22.

Ethereum founder Vitalik Buterin has announced his intention to fully return to decentralized social media this year. He argued that for a better society, communication tools must align with the long-term interests of their members, adding that decentralization is the way to foster the necessary competition to achieve this. Buterin noted that many past social projects focused on token incentives for creators, which often led to a surge in low-quality content and tokens whose value dropped to zero within one or two years. He believes decentralized social media should be run by people who believe in its intrinsic value and prioritize solving its core problems, citing the crypto social network Lens as a prime example. Buterin stated he plans to post more on Lens as part of his renewed focus.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for Stellar (XLM) and AQUA to support an upcoming network upgrade. The suspension is scheduled to begin at 8:00 a.m. UTC on Jan. 22.

The South Korean cryptocurrency exchange Coinone has announced it will list Seeker (SKR) for trading against the won at 2:00 a.m. UTC on Jan. 22.

The government of Bhutan has begun operating a validator for the Sei (SEI) network as part of an effort to expand its national blockchain ecosystem, Cointelegraph reported. The project is a collaboration between Bhutan's sovereign wealth fund, Druk Holding and Investments (DHI), and the Sei Foundation.

The following are the 24-hour long/short ratios for BTC perpetual futures on the top three global crypto futures exchanges by open interest: Overall: 48.87% long / 51.13% short 1. Binance: 48.82% long / 51.18% short 2. Bybit: 47.45% long / 52.55% short 3. OKX: 47.86% long / 52.14% short

The amount of Ethereum held on exchanges has fallen to approximately 16.2 million ETH, its lowest level since 2016, crypto analyst Arab Chain noted in a contribution to CryptoQuant. The analyst pointed out that Binance's ETH holdings have decreased from 4.168 million to 4 million ETH this month, a trend consistent with a narrowing gap between the asset's price and exchange reserves. This movement signals that investors are opting for long-term storage in DeFi or cold wallets over short-term trading. Arab Chain further explained that while ETH outflows from exchanges are increasing, there has been no significant rise in inflows, indicating weak selling pressure. The decline in reserves on Binance, the world's largest exchange, is a key indicator of a potential market-wide supply shortage. The analyst observed that historically, decreases in exchange reserves have often been followed by medium- to long-term price increases for ETH, suggesting that the current environment could lead to a sensitive price reaction if demand rises.

Cryptocurrency data analytics firm Nansen has launched an AI-powered on-chain trading solution integrated into its web and mobile apps, The Block reported. The solution will initially be available on the Solana and Base chains. Its key feature is the integration of analytics and trading capabilities within a single interface.

Kroll Restructuring, the bankruptcy trustee for Terraform Labs, has begun notifying claimants about the repayment process for losses from the May 2022 collapse of the Terra-Luna ecosystem, Digital Asset reported. The notice informs claimants that distribution and recovery procedures are set to begin and provides guidance on the methods and schedule for future claims. This development comes approximately 10 months after Terraform Labs launched a dedicated website for loss claims through Kroll in March 2025.

A total of 11.6 million cryptocurrencies failed last year, accounting for 86.3% of all such failures since 2021, Unfolded reported, citing data from CoinGecko. The report added that 53.2% of all cryptocurrencies ever listed on CoinGecko are now considered defunct.

According to CoinNess market data, RIVER's trading volume surpassed 44 billion won (approximately $31.8 million) on its first day after listing on South Korean crypto exchange Coinone's KRW market. Excluding the dollar-pegged stablecoin USDC, which has a zero-fee policy, RIVER currently ranks first in 24-hour trading volume on the exchange. To commemorate the listing, Coinone is hosting a trading campaign with a total prize pool of 100 million won (about $72,200). Meanwhile, the token is continuing its short-term rally, trading at $39.69, up 22.32% on the day, according to CoinMarketCap.

According to CoinNess market monitoring, BTC has risen above $90,000. BTC is trading at $90,010.61 on the Binance USDT market.

Online interest in Bitcoin decreased last year despite the cryptocurrency experiencing significant volatility, including a new all-time high and a major market correction, Cointelegraph reported. The media outlet noted that while Google searches for Bitcoin surged immediately after the election of U.S. President Donald Trump in November 2024, the trend declined throughout 2025. Additionally, the number of posts on X containing the keyword 'Bitcoin' fell by 32% year-over-year to 96 million.

Cryptocurrency financial services firm Galaxy Digital plans to launch a crypto hedge fund in the first quarter, the Financial Times reported. The fund intends to invest up to 30% of its assets in cryptocurrencies, with the remainder allocated to financial stocks that could be affected by changes in crypto technology and regulation. According to the report, the firm has already secured $100 million in investment commitments from family offices, high-net-worth individuals, and some institutional investors, with the potential for further fundraising.

An analysis suggests that XRP's on-chain indicators are showing trends similar to those observed before the 2022 bear market. According to Coindesk, citing Glassnode, investors active within the last month have been accumulating XRP at a lower average price than those who invested six to 12 months ago. This has resulted in a situation where recent buyers are in profit while long-term holders are at a loss. Glassnode explained that if a rebound is slow to materialize amid this asymmetric profit structure, it could trigger selling from existing holders. A similar pattern was reportedly seen in February 2022, when XRP was trading at $0.78 before declining to around $0.30 during the year. The analysis further noted that XRP is currently stagnating around the $2 mark, a price level that consistently affects investor sentiment. Since the middle of last year, each retest of this level has led to weekly losses of between $500 million and $1.2 billion, suggesting many investors chose to sell rather than increase their positions. While there is no guarantee of a sharp decline like the one in 2022, Glassnode concluded that as the disparity between holders' average costs widens, selling pressure from long-term investors will inevitably grow.

Solana Mobile has launched an airdrop of its native SKR token for owners of its second smartphone, the Seeker, as well as for app developers, The Block reported. Users can claim the tokens through the device's built-in wallet over a 90-day period. The total supply of SKR is 10 billion, with 20% allocated to the current airdrop. Of this amount, 1.82 billion SKR is designated for 100,908 Seeker holders, while 141 million SKR is allocated to 188 developers. The SKR token will serve as a governance and utility token within the Solana Mobile ecosystem.

U.S. spot Ethereum ETFs recorded a total net outflow of $238.55 million on Jan. 20, ending a five-day streak of inflows, according to TraderT. The breakdown of outflows includes BlackRock's ETHA (-$100.90 million), Fidelity's FETH (-$51.54 million), Bitwise's ETHW (-$31.08 million), VanEck's ETHV (-$5.47 million), Grayscale's ETHE (-$38.50 million), and Grayscale's Mini ETH (-$11.06 million).

South Korean crypto exchange Upbit announced it has updated the circulation plan for the Atletico de Madrid Fan Token (ATM) at the request of the club. According to a CoinNess review, the change affects the first-quarter supply for this year, which has increased by 200,000 ATM from 9,244,450 to 9,444,450. The circulating supply for the second quarter now stands at 9,861,117 ATM.

U.S. spot Bitcoin ETFs recorded a total net outflow of $479.61 million on Jan. 20, marking the second consecutive day of net outflows, according to data compiled by TraderT. The outflows were led by Grayscale's GBTC and Fidelity's FBTC. Individual fund flows included Grayscale's GBTC (-$160.84 million), Fidelity's FBTC (-$152.13 million), BlackRock's IBIT (-$56.87 million), Ark Invest's ARKB (-$46.37 million), Bitwise's BITB (-$40.38 million), VanEck's HODL (-$12.66 million), and Franklin Templeton's EZBC (-$10.36 million).