Live Feed

A U.S. group opposing decentralized finance has launched an ad campaign on Fox News calling for the removal of DeFi-related clauses from the crypto market structure bill (CLARITY). The group, named Investors For Transparency, is urging viewers to contact the U.S. Senate to pass the legislation without the DeFi provisions, sharing a hotline number in the advertisement. The ad's message states that DeFi should not be allowed to hinder innovation. According to Cointelegraph, the ad campaign reflects concerns from the banking sector that allowing stablecoin interest products could trigger a significant outflow of bank deposits. In response, Uniswap (UNI) founder Hayden Adams criticized the effort, stating that an unidentified group is attacking DeFi.

Forced liquidations in the cryptocurrency perpetual futures market over the last 24 hours were led by Bitcoin (BTC) with $59.47 million, 59.85% of which were long positions. Ethereum (ETH) saw $41.46 million in liquidations, with longs accounting for 63.45%. Zcash (ZEC) recorded $11.11 million in liquidations, with long positions making up 81.39% of the total.

Approximately 1.759 million ETH, valued at around $5.5 billion, is currently in the queue to be staked on the Ethereum Beacon Chain, according to data from the analysis site ValidatorQueue. This marks the largest backlog since late August 2023. New stakers face a wait of roughly 30 days and 14 hours for their validators to become active, while the unstaking queue is currently empty.

U.S. spot Ethereum ETFs saw a net outflow of $94.73 million on Jan. 9, marking the third consecutive day of withdrawals, according to TraderT. BlackRock's ETHA led the outflows with $84.69 million, while Grayscale's ETHE recorded an outflow of $10.04 million.

U.S. Bitcoin spot ETFs experienced a total net outflow of $252.09 million on Jan. 9, marking the fourth consecutive trading day of net outflows, according to data compiled by TraderT. Among the funds, BlackRock's IBIT saw an outflow of $254.07 million, while Fidelity's FBTC recorded a net inflow of $7.87 million. Bitwise's BITB had a net outflow of $5.89 million.

An Ethereum whale who accumulated 101,000 ETH five years ago at an average price of $660 recently transferred 40,251 ETH, worth approximately $124 million, to the Bitstamp exchange in a single day, AmberCN reported. Including this latest transaction, the investor has moved a total of 75,200 ETH to exchanges. The whale's remaining holdings now stand at 26,000 ETH, valued at around $80.16 million.

Haseeb, a managing partner at Dragonfly, has predicted that the adoption of stablecoin cards will become a key theme in the cryptocurrency space in 2026, according to Cointelegraph. In a post on X (formerly Twitter), he noted that these cards are experiencing explosive growth globally. Haseeb explained that this trend will allow users to pay for goods in dollars anytime and anywhere, often without realizing the transaction is based on cryptocurrency.

CoinMarketCap's Altcoin Season Index has registered a score of 40, marking a one-point decrease from the previous day. The index is calculated by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped tokens, against Bitcoin. A period is considered an altcoin season if 75% of these top 100 coins outperform Bitcoin over the preceding 90 days. Conversely, if Bitcoin outperforms the majority, it is deemed a Bitcoin season. A score closer to 100 indicates conditions are more favorable for altcoins.

The Crypto Fear & Greed Index from Alternative has fallen two points from the previous day to 25, shifting into the "Extreme Fear" stage as investor sentiment has worsened. The index indicates extreme market fear as it approaches zero and extreme optimism as it nears 100. The Fear & Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

Colombia's National Tax and Customs Directorate (DIAN) has introduced a regulation requiring cryptocurrency service providers to report user and transaction data, according to Cointelegraph. The measure aligns with the OECD's Crypto-Asset Reporting Framework (CARF). Under the new rule, entities such as exchanges and custody providers must collect and submit user identity information and transaction histories. This information may be automatically exchanged with foreign tax authorities.

U.S. President Donald Trump has stated that the United States would intervene if Iran begins killing people, though he clarified that this would not involve the deployment of ground troops. The remarks are being interpreted in the market as a potential sign of re-emerging geopolitical risk in the Middle East.

Global asset manager VanEck has presented a highly bullish forecast for Bitcoin, suggesting it could reach as high as $53.4 million by 2050, according to Decrypt. This prediction is based on a hyperbitcoinization scenario where Bitcoin accounts for 20% of international trade and 10% of U.S. GDP. In such a case, VanEck's analysis suggests BTC would establish itself as a global reserve asset on par with or exceeding gold. The firm also projected a base case scenario with a BTC price of $2.9 million by 2050. In a bearish scenario, assuming 2% annual growth, VanEck anticipates the price would reach around $130,000.

Centora (formerly IntoTheBlock) reported via X that the market capitalization of tokenized equities has surpassed $800 million. This represents an approximate 2,500% increase from the $16 million recorded at the beginning of last year.

Cryptocurrency exchange OKX has reduced its workforce due to poor performance in its institutional business division, CoinDesk reported. While the total number of layoffs was not disclosed, the report indicated that approximately one-third of the institutional sales department has been let go.

The U.S. Supreme Court is expected to issue a ruling on the Trump administration's tariff policies on Jan. 14, according to Walter Bloomberg. The decision was previously scheduled for 3:00 p.m. UTC on Jan. 9 but was canceled.

According to CoinNess market monitoring, BTC has fallen below $91,000. BTC is trading at $90,915 on the Binance USDT market.

According to CoinNess market monitoring, BTC has risen above $92,000. BTC is trading at $92,019.4 on the Binance USDT market.

According to CoinNess market monitoring, BTC has risen above $91,000. BTC is trading at $91,004.72 on the Binance USDT market.

The U.S. Supreme Court will not issue a ruling on Jan. 9 regarding the Trump administration's tariff policy, according to Walter Bloomberg. The decision was previously scheduled for 3:00 p.m. UTC.

Whale Alert reported that 400,000,000 USDT has been transferred from HTX to Aave. The transaction is valued at about $400 million.

Bitcoin is trading sideways ahead of a key U.S. Supreme Court ruling on the Trump administration's tariff policies, with the decision expected to dictate the cryptocurrency's next major price move, BeInCrypto reports. A ruling that deems the tariffs unconstitutional could ease corporate cost burdens, potentially reviving risk-on sentiment. Conversely, an unexpected outcome could trigger a sharp correction for BTC. The U.S. Supreme Court is scheduled to issue its decision at 3:00 p.m. UTC on Jan. 9.

Kevin Hassett, Director of the White House National Economic Council (NEC), said that even if President Donald Trump does not win his tariff case before the Supreme Court, there are other means to achieve the same result, Walter Bloomberg reported. The U.S. Supreme Court is scheduled to rule on the constitutionality of the Trump administration's tariff policy at 3:00 p.m. UTC on Jan. 9.

Traders have increased their bets on the U.S. Federal Reserve holding interest rates steady at its January FOMC meeting, following the release of non-farm payroll and unemployment data that fell short of market expectations. According to the CME FedWatch Tool, the probability of a rate hold has climbed to 97.2% from 88.4% before the announcement. The U.S. Department of Labor reported that non-farm payrolls increased by 50,000 in December, below the consensus forecast of a 66,000 gain. The unemployment rate also came in lower than expected at 4.4%, compared to the anticipated 4.5%.

The U.S. Department of Labor announced that non-farm payrolls increased by 50,000 in December, falling short of the market consensus of 66,000. The unemployment rate came in at 4.4%, also below the market forecast of 4.5%.

The Bank of New York Mellon (BNY Mellon) has launched a tokenized deposit service, Bloomberg reported. According to the report, the service's clients include Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), as well as Citadel Securities, DRW Holdings, Ripple Labs, Ripple Prime, and Circle.