Live Feed

Binance has announced that it will delist 23 spot trading pairs at 3:00 a.m. UTC on Jan. 9. The affected pairs are 1000SATS/FDUSD, 2Z/BNB, AEVO/BTC, BARD/FDUSD, BIO/BNB, DOLO/FDUSD, EDEN/BNB, EDEN/FDUSD, EGLD/BNB, ETHFI/FDUSD, GLMR/BTC, HOT/ETH, HUMA/FDUSD, IOTA/ETH, KAITO/BTC, MIRA/FDUSD, MORPHO/BNB, MORPHO/FDUSD, NEIRO/FDUSD, RONIN/FDUSD, SOMI/BNB, SSV/ETH, and TURTLE/BNB.

BitMine (BMNR) has staked an additional 109,504 ETH, valued at $344.44 million, over the past two hours, according to data platform Onchain Lens. This brings the company's total staked assets to 908,192 ETH, worth approximately $2.95 billion. As of Jan. 5, BitMine held a total of around 4,143,502 ETH.

Global cryptocurrency exchange MEXC has launched its Spot DCA feature, which supports recurring buys for spot assets, according to an official announcement. The function automates the dollar-cost averaging (DCA) investment strategy, a method of regularly purchasing assets to lower the average acquisition cost. The tool aims to help investors systematically accumulate assets in volatile markets by automatically executing purchases within a specified price range based on user-defined rules.

A wallet believed to belong to Wintermute deposited 11.48 million USDT to Binance approximately 30 minutes ago, according to The Data Nerd. Stablecoin inflows to exchanges are typically interpreted as a precursor to buying activity.

An on-chain analysis suggests Bitcoin (BTC) short-term holders (STH) are approaching profitability. CryptoQuant contributor Maartunn noted that the STH Spent Output Profit Ratio (SOPR) is rising toward the key baseline of one. The metric indicates profit-taking when above one and loss realization when below one. Maartunn explained that a sustained move above this level could signal a recovery in bullish momentum.

The U.S. Securities and Exchange Commission's (SEC) crypto task force plans to visit Miami on Jan. 27 to engage directly with industry developers, CryptoBriefing reported.

U.S. spot Ethereum ETFs recorded a net outflow of $98.59 million on Jan. 7, marking a reversal after three consecutive days of net inflows, according to TraderT. Individual fund flows were as follows: - BlackRock (ETHA): -$6.78 million - Fidelity (FETH): -$13.29 million - Bitwise (ETHW): -$11.23 million - Franklin (EZET): +$2.38 million - VanEck (ETHV): -$4.59 million - Grayscale (ETHE): -$52.05 million - Grayscale Mini (ETH): -$13.03 million

U.S. spot Bitcoin ETFs saw net outflows of $486.91 million on Jan. 7, nearly double the $240 million recorded the previous day. The breakdown is as follows: - BlackRock (IBIT): -$130.79 million - Fidelity (FBTC): -$247.62 million - Bitwise (BITB): -$39.03 million - Ark Invest (ARKB): -$42.27 million - VanEck (HODL): -$11.57 million - Grayscale (GBTC): -$15.63 million

The Pharos Foundation, a Layer 1 public chain focused on real-world assets (RWA), has signed a share subscription and investment agreement with Hong Kong-listed GCL New Energy Holdings, according to TipRanks. Under the deal, GCL will issue 186.5 million new shares to Pharos, giving the foundation a 10.71% stake in the company post-issuance. The new shares represent 12% of GCL's existing share capital and are valued at approximately 47.2 billion won ($34.2 million) at current prices. GCL is a Bermuda-based new energy and solar power company with a market capitalization of around 1.74 billion Hong Kong dollars ($223 million). The collaboration will integrate Pharos's Data Asset Token (DAT) framework into GCL's energy network, allowing the company's real-world energy data to be verified and utilized as compliant on-chain financial data assets.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - ETH: $81.76 million liquidated (90.4% longs) - BTC: $71.84 million liquidated (87.06% longs) - SOL: $16.91 million liquidated (93.97% longs)

South Korean crypto exchange Bithumb announced it will temporarily suspend deposits and withdrawals for the Polygon Ecosystem Token (POL) starting at 9:00 a.m. UTC on Jan. 9 to support a network upgrade. The suspension was originally scheduled for Jan. 8 but has been postponed.

The U.S. crypto industry is pushing back against efforts by the banking sector to amend a stablecoin bill known as the GENIUS Act, Cointelegraph reports. The Blockchain Association argued that large banks are attempting to undermine a bipartisan consensus and restrict fair competition. The association stated there is no evidence that stablecoin adoption harms traditional financial institutions, adding that while bank accounts tend to favor established interests, stablecoin rewards offer greater benefits to the general public. The group characterized the banking sector's opposition as an effort by incumbents to drive out competitors. The pushback follows a statement from the American Bankers Association (ABA) to the U.S. Senate. The ABA contended that the bill's provision for interest payments on stablecoins lacks clear regulations. It warned that this could shrink the pool of funds available for bank lending, potentially harming small and medium-sized businesses and households.

South Korean crypto exchange Bithumb has announced that it will temporarily suspend deposits and withdrawals for Cosmos (ATOM) starting at 9:00 a.m. UTC on Jan. 12 to support an upcoming network upgrade.

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for IP and withdrawals for ARIAIP, starting at 3:00 p.m. UTC on Jan. 14. The measure is to support an upgrade on the Story Network (IP).

The likelihood of a massive Bitcoin price drop is decreasing as institutional investors show a stronger tendency to hold the asset long-term, according to a post on X by CryptoQuant CEO Ki Young Ju. He argued that the market's structural change is already evident, noting that liquidity channels into BTC have become more diverse, making it pointless to simply predict the timing of fund inflows. Ju highlighted that the approximately 673,000 BTC held by Strategy (MSTR) is unlikely to enter the market as selling pressure and instead serves as a defense against downward price movements. He added that current market liquidity appears to be dispersed into assets like stocks and gold rather than BTC. Ju predicted that due to these shifts, Bitcoin will likely not fall more than 50% from its all-time high as it did in past bear markets, and will probably move sideways for the next several months.

The U.S. Financial Industry Regulatory Authority (FINRA) has appointed former Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam and Robinhood Chief Legal Officer (CLO) Dan Gallagher to its board of governors, The Block reported. They will be responsible for establishing the organization's rules and policies. During his tenure as CFTC chairman, Behnam urged the U.S. Congress to resolve the uncertainty surrounding cryptocurrency regulation. Gallagher has previously been critical of the Biden administration's crypto policies and the enforcement actions of the Securities and Exchange Commission (SEC).

Bitmine (BMNR) staked an additional 19,200 ETH, worth approximately $60.85 million, about 28 minutes ago, Onchain Lens reported. This brings the entity's total staked holdings to a cumulative 827,008 ETH, valued at $2.62 billion.

Yield-Perp protocol Nunchi has launched an interest rate derivatives service, Yield Perps, through a strategic partnership with on-chain trading platform Based, the protocol announced on its official X account. The service is built on Hyperliquid's HIP-3 framework and allows users to trade derivative interest rates, staking yields, and funding rates in real-time. Nunchi explained that while traditional DeFi methods required users to lock up assets for a set period to earn returns, Yield Perps is designed to allow users to take long or short positions on yield metrics while maintaining capital liquidity.

Ethereum developers have successfully completed the BPO-2 fork, the final stage of the Fusaka upgrade, The Block reported. BPO, a fork dedicated to blob parameters, increases the target and maximum number of blobs per block on Ethereum. This update is designed to reduce data storage costs for Layer 2 rollups, which is expected to lower network fees for users. The first stage of the upgrade, BPO-1, was completed on Dec. 9.

CoinMarketCap's Altcoin Season Index stands at 23, unchanged from yesterday. The index determines whether market conditions favor altcoins or Bitcoin by comparing the price performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped coins, against Bitcoin over the past 90 days. An "altcoin season" is declared when 75% of these top coins outperform Bitcoin during that period. A score closer to 100 indicates a strong altcoin season, while the current reading suggests the market remains in a "Bitcoin season."

The Crypto Fear & Greed Index, compiled by data provider Alternative, fell 14 points from yesterday to 28, indicating continued fear in the market. The index measures market sentiment on a scale of 0 for Extreme Fear to 100 for Extreme Greed. It is calculated based on several factors: volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

BlackRock has withdrawn 3,040 BTC and 61,359 ETH over the past eight hours, according to Onchain Lens. The assets are valued at approximately $270 million and $190 million, respectively. Withdrawals from exchanges are typically interpreted as a sign of intent to hold.

On Jan. 7, NYSE American filed an application with the U.S. Securities and Exchange Commission (SEC) to allow options trading on Grayscale's spot cryptocurrency basket ETF (GDLC), BankXRP reported via X. The GDLC fund is currently composed of 74.89% Bitcoin (BTC), 15.89% Ethereum (ETH), 5.51% XRP, 3.10% Solana (SOL), and 0.61% Cardano (ADA).

The Trump family's World Liberty Financial (WLFI) has applied for a banking license in the U.S., BWE News reported.

The U.S. Senate Banking Committee and the Senate Agriculture Committee are scheduled to hold a markup session on Jan. 15 for the crypto market structure bill, known as the CLARITY Act, Wu Blockchain reported. During a markup, a bill is debated and amended before being sent to the full chamber for a vote. If the bill passes both committees, it will undergo a reconciliation process within the Senate before proceeding to a floor vote.