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Over the past 24 hours, the BTC perpetual futures long/short ratios on the top three cryptocurrency futures exchanges by open interest show a slight dominance of short positions. The aggregate ratio across all exchanges is 49.13% long to 50.87% short. By exchange, the ratios are: Binance (47.63% long, 52.37% short), OKX (47.88% long, 52.12% short), and Bybit (47.58% long, 52.42% short).

The following are liquidation volumes and ratios for cryptocurrency perpetual futures over the past 24 hours. BTC saw $41.59 million in liquidations, with long positions accounting for 89.52%. ETH followed with $18.95 million in liquidations, of which 73.11% were long positions. Meanwhile, RIVER recorded $9.15 million in liquidations, with short positions making up 56.91%.

A group that defrauded investors out of 19 billion won (around $13.8 million) with the promise of profits from AI-powered cryptocurrency trading has been sentenced to prison in an appeals court, Yonhap News reported. The perpetrators were accused of deceiving investors by claiming an AI-equipped computer could generate returns by exploiting price differences between global cryptocurrency exchanges.

An address presumed to belong to Bitmain purchased an additional 20,000 ETH, worth $65.4 million, from Kraken nine hours ago, Lookonchain reported.

U.S. fast-food chain Steak 'n Shake has purchased an additional $10 million worth of BTC. The move follows a previous announcement that the company would accept BTC for payments and hold all cryptocurrency received from customers as a strategic reserve.

U.S. spot Ethereum ETFs recorded a net inflow of $4.7 million on Jan. 16, marking the fifth consecutive day of inflows, according to data from Farside Investors. By fund, BlackRock's ETHA saw an inflow of $14.9 million, while Grayscale's ETHE experienced an outflow of $10.2 million.

U.S. Bitcoin spot ETFs recorded a total net outflow of $394.7 million on Jan. 16, ending a four-day streak of net inflows, according to data from Farside Investors. Flows for the day were as follows: - BlackRock (IBIT): +$15.1 million - Fidelity (FBTC): -$205.2 million - Bitwise (BITB): -$90.4 million - Ark Invest (ARKB): -$69.4 million - Grayscale (GBTC): -$44.8 million

The White House is considering withdrawing its support for the CLARITY Act, a crypto market structure bill, if Coinbase fails to return to negotiations with an acceptable agreement on stablecoin yields for the banking sector. Eleanor Terrett, host of Crypto in America, reported the development, citing sources. According to the report, the White House stated that Coinbase's withdrawal of support came without prior notice and characterized the move as a betrayal of both the administration and the crypto industry. Coinbase previously rescinded its support for the bill, citing several issues. The company raised concerns over what it described as a de facto ban on tokenized stocks, provisions that could block DeFi and permit unlimited access to financial information, a weakening of the Commodity Futures Trading Commission's (CFTC) authority in favor of the SEC, and the potential for the legislation to block stablecoin reward functions.

Cryptocurrency bank Anchorage Digital is considering a new funding round of between $200 million and $400 million ahead of a potential initial public offering (IPO), Cointelegraph reported. The company is said to be in discussions to raise capital with the goal of going public as early as 2026. Anchorage Digital, which specializes in custody, trading, and staking services for institutional clients, is also focusing on expanding its stablecoin business following the passage of recent U.S. stablecoin legislation. The company stated that it plans to double the size of its stablecoin team this year.

Goldman Sachs CEO David Solomon has stated that the U.S. crypto market structure bill, known as the CLARITY Act, still has a long way to go before making progress, Cointelegraph reported. Speaking during the company's fourth-quarter 2025 earnings call, Solomon noted that Goldman Sachs is watching the legislation very carefully due to its potential impact on tokenization and stablecoins. He added that recent developments suggest it will take considerable time for the bill to advance. A planned markup of the bill in the Senate Banking Committee was previously postponed after Coinbase withdrew its support for the current draft.

Pressure from President Donald Trump to lower interest rates could undermine the Federal Reserve's political independence, potentially leading to a weaker U.S. dollar and benefiting Bitcoin, according to a DL News report. André Dragosch, head of research for Europe at Bitwise, described this possibility as the "Erdoğanization of the Fed," drawing a parallel with the Turkish government's interference in its central bank. In Turkey, the collapse of central bank independence triggered a sharp currency devaluation and high inflation, which in turn led to a surge in demand for Bitcoin. Dragosch noted that a weakening of Fed independence structurally implies higher inflation and a weaker dollar, which he views as a positive for Bitcoin. The analysis suggests that if the Fed chair is replaced or succumbs to political pressure, BTC could emerge as a prominent alternative asset.

CoinMarketCap's Altcoin Season Index has risen one point from the previous day to 27. The index measures whether 75% of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped tokens, have outperformed Bitcoin over the last 90 days. A score closer to 100 indicates an altcoin season, while the opposite suggests a Bitcoin season.

The Crypto Fear & Greed Index, compiled by data provider Alternative, rose one point from the previous day to 50, maintaining its Neutral status. The index measures market sentiment on a scale where 0 indicates extreme fear and 100 represents extreme optimism. It 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%).

U.S. mortgage lender Newrez will now recognize holdings of cryptocurrencies like Bitcoin and Ethereum as eligible assets when underwriting home loans, according to Cointelegraph. The policy applies to Bitcoin, Ethereum, spot crypto ETFs, and U.S. dollar-pegged stablecoins. This allows loan applicants to use their crypto holdings for asset verification and income estimation without having to sell them. The assets must be held at a regulated U.S. exchange or financial institution, and their volatility will be adjusted for during the evaluation process. However, all loan repayments and associated fees must still be paid in U.S. dollars. Newrez stated that the initiative aims to expand homeownership among younger generations, noting that approximately 45% of Gen Z and Millennial investors own cryptocurrency.

According to CryptoBriefing, silver has posted the strongest performance over the past 12 months compared to stocks, cryptocurrencies, and gold, with its market capitalization increasing by more than $3.9 trillion amid a price surge. Silver's market cap has now surpassed $5 trillion, making it the second-largest global asset after gold, which has a market cap of approximately $32 trillion. The price of silver soared to an all-time high of around $93 before correcting to the $89 range. Over the same period, gold gained about 70%, while the S&P 500 rose 17%, the Nasdaq climbed 21%, and Bitcoin fell 4%.

Leaders of the U.S. Senate Judiciary Committee have argued that a provision to protect cryptocurrency software developers should not be included in a market structure bill, CoinDesk reported. Senators Chuck Grassley and Dick Durbin stated that while the clause aims to exempt developers from criminal liability if their software is misused, its inclusion could weaken federal laws against unlicensed money transmitters like Tornado Cash. The provision has been a point of contention during discussions in the Senate Banking Committee and is cited as one of the reasons for the recent delay in the bill's deliberation.

Ethereum could reach $15,000 by 2027 as it moves beyond regulatory uncertainty to become core infrastructure for Wall Street, according to Etherealize co-founders Vivek Raman and Danny Ryan. In a statement reported by CoinDesk, they noted that major financial institutions such as BlackRock, Fidelity, and JPMorgan are increasingly choosing Ethereum. The co-founders explained that this institutional adoption has been accelerated by recent U.S. legislation that has effectively legalized the use of stablecoins and tokenization. Raman added that if the stablecoin and real-world asset (RWA) markets each grow fivefold, Ethereum's market capitalization could be revalued in the trillions of dollars.

Whale Alert reported that 300,000,000 USDC has been transferred from USDC Treasury to Coinbase. The transaction is valued at about $300 million.

Patrick Witt, Executive Secretary of the White House Cryptocurrency Advisory Committee, stated that the U.S. government has not sold the digital assets seized from the Bitcoin mixing service Samourai Wallet. In a post on X, Witt said he confirmed with the Department of Justice (DOJ) that the assets have not been disposed of and will not be sold in the future, in accordance with an executive order. He added that the seized assets will remain on the U.S. government's balance sheet as part of a Special Blockchain Account (SBR). This clarification follows earlier media reports that the U.S. Marshals Service (USMS) had sold 57.55 BTC from the seizure, a move that had prompted pro-crypto Senator Cynthia Lummis to express concern.

Layer 1 blockchain platform Sui announced a partnership with crypto-to-fiat exchange service LINQ via its official X account. The collaboration will support users in Nigeria by enabling them to convert cryptocurrencies into their local fiat currency. Sui stated that its technology will allow users to cash out stablecoins, offering a fast off-ramp service with settlements completed in under one minute. The platform also mentioned that more features will be added soon.

Ethereum (ETH) founder Vitalik Buterin stated on X that by 2026, the network will no longer make the kinds of compromises it has in the past. He argued that over the last ten years, Ethereum has regressed in many areas, with node operation becoming more difficult, decentralized applications (DApps) turning into complex behemoths, and block generation growing more centralized. Buterin emphasized that these were compromises made in the name of mainstream adoption that diluted Ethereum's identity. He predicted that 2026 will be the year Ethereum reclaims its lost status in terms of self-sovereignty and trustlessness. To achieve this, he highlighted several key objectives, including simplifying full nodes, implementing Helios, ORAM, and PIR, and advancing social recovery wallets, timelocks, privacy UX, censorship resistance, and application UI.

Bitcoin mining hardware manufacturer Canaan has received a delisting warning from Nasdaq, Decrypt reported. The notice, issued earlier this week, requires the company to raise its share price above $1 for at least 10 consecutive days by July to remain listed. Canaan's stock is currently trading at $0.7955, down approximately 3% from the previous day.

Blockchain security expert ZachXBT stated that a hardware wallet engineering scam resulted in the theft of over $282 million in LTC and BTC around 11:00 p.m. UTC on Jan. 10. According to the analysis, the attacker began converting the stolen assets into Monero (XMR) through multiple exchanges, which triggered a surge in XMR's price. ZachXBT added that the attacker currently holds 2.05 million LTC and 1,459 BTC. The stolen BTC has also been bridged to the Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) networks via THORChain (RUNE).

Bitcoin is currently at its most undervalued level relative to the price of gold, a condition that could signal a bullish turn, according to an analysis by Cointelegraph. The analysis suggests a high probability of a strong Bitcoin price in 2026 based on historical patterns. Cointelegraph noted that after a similar signal of undervaluation against gold appeared in late 2022, the price of BTC surged by nearly 150%. This precedent suggests that extreme undervaluation can be a precursor to a major bull market. The recent Z-score comparing BTC and gold prices has fallen below -2, indicating that the standard deviation of Bitcoin's price relative to gold is significantly lower than its long-term average. Historically, rebounds have often begun when the Z-score approached this level. Consequently, the analysis posits that Bitcoin's price appreciation could outpace that of gold in the coming months.

Mike Novogratz, CEO of crypto financial services firm Galaxy Digital, has stated that a compromise will eventually be reached on the U.S. crypto market structure bill (CLARITY Act) and that its passage is necessary for the industry to grow. In an interview with CNBC, Novogratz said that while the bill passing in its current amended form would not be ideal for the industry, he believes the outcome would ultimately be acceptable, adding that an imperfect law could be improved over time, The Block reported. His comments come amid widespread opposition to the CLARITY Act's current provisions from within the U.S. crypto industry. Coinbase, for example, has withdrawn its support for the bill, citing concerns over a de facto ban on tokenized stocks, the potential to block DeFi while allowing unrestricted access to financial data, a weakening of the Commodity Futures Trading Commission's (CFTC) authority in favor of the SEC, and a possible prohibition on stablecoin reward features.