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Cryptocurrency lender Nexo has launched a zero-interest credit line for BTC and ETH holders, Cointelegraph reported. The product allows users to borrow up to $5 million with a 0% annual interest rate and no fees. Repayments upon maturity can be made using stablecoins or other forms of collateral. Nexo facilitated $140 million in loans last year.

Meteora (MET) generated the most fees of any DeFi protocol last year, Unfolded reported, citing data from Cryptodiffer. The protocol generated $1.25 billion in fees. Jupiter (JUP) ranked second with $1.11 billion, followed by Uniswap (UNI) with $1.06 billion.

The U.S. Commodity Futures Trading Commission (CFTC) has officially approved the launch of a prediction market by derivatives exchange and clearinghouse Bitnomial, Cointelegraph reported. The approval was granted through a no-action letter, which exempts the service from complex reporting requirements. However, Bitnomial must publish trading data on its website and provide it to the CFTC immediately upon request. The commission had previously granted in-principle approval for the launch.

The three major U.S. stock indices closed mixed. The S&P 500 rose 0.01%, the Nasdaq Composite fell 0.44%, and the Dow Jones Industrial Average gained 0.55%.

Grayscale has registered an entity for a BNB exchange-traded fund (ETF) in the U.S. state of Delaware, BWE News reported. This move is considered a preliminary step before filing an official ETF application with regulators. Delaware is a popular jurisdiction for financial and investment funds due to its business-friendly laws, offering tax benefits and flexible corporate structures.

U.S. President Donald Trump stated in an interview with The New York Times that he has no intention of pardoning FTX founder Sam Bankman-Fried (SBF). Bankman-Fried was convicted in 2023 on fraud and conspiracy charges and is serving a prison sentence for misappropriating billions of dollars in customer funds.

Privacy-focused infrastructure developer Temple Digital Group has launched an institutional cryptocurrency trading platform, Cointelegraph reported. The platform, built on the Canton Network, supports 24-hour, non-custodial trading of cryptocurrencies and stablecoins.

The former development team from Electric Coin Company (ECC), the core entity behind Zcash (ZEC), is developing a new wallet called CashZ following a mass resignation, The Block reported. The team plans to launch the service within the next few weeks and will support migration for existing Zcash users. The resignations followed a conflict with Bootstrap, a non-profit organization that supports Zcash.

Exchange-traded funds (ETFs) have become the main factor determining the price movement of BTC, according to an analysis reported by Coindesk. Jim Ferraioli, director of cryptocurrency research and strategy at Charles Schwab, stated that on-chain activity has consistently declined since BTC reached a peak last October, making ETF fund inflows the primary price driver. He noted that amid low transaction fees, selling from long-term holders, and exchange balances hitting new lows, the market is moving entirely in line with ETF flows. Ferraioli added that truly institutional investors have not yet fully entered the market and that relevant legislation could provide sustainable momentum for a BTC rally. Separately, Gerry O'Shea, head of global market analysis at crypto asset manager Hashdex, predicted that catalysts to support a BTC price increase could emerge in the coming weeks, citing potential changes in U.S. monetary policy or progress in crypto legislation as examples.

Nasdaq-listed Sharplink Gaming (SBET), which is strategically investing in ETH, has deposited $170 million worth of the asset on Linea, a Layer 2 network from Consensys, CryptoBriefing reported. Digital asset bank Anchorage Digital is serving as the custodian for the assets.

Polygon (POL) is pursuing an acquisition of Bitcoin ATM operator Coinme, CoinDesk reported. According to a source who requested anonymity, the potential deal is valued at an estimated $100 million to $125 million.

Global asset manager VanEck has projected that BTC could reach $2.9 million by 2050, CryptoBriefing reported. In a recent report, VanEck stated that assuming an average annual return of 15% over the next 25 years, BTC is expected to handle five to 10% of trade settlements and account for 2.5% of central bank reserve assets by that year. The firm suggested that the long-term appreciation in BTC's value will be driven by global currency devaluation and institutional adoption rather than speculative movements. VanEck concluded that the opportunity cost of not holding BTC may now outweigh the volatility risk of holding it.

Morgan Stanley plans to support trading for BTC, ETH, and SOL on its online brokerage subsidiary, E*Trade, in the first half of this year, Barrons reported. The firm also stated it is considering stock tokenization to improve the efficiency of trading and settlement in private markets. CoinNess previously reported that Morgan Stanley plans to launch a digital wallet to support tokenized assets by the end of the year.

JPMorgan is aiming to build an interoperable, regulation-compliant digital currency system, CoinDesk reported. The bank stated its intention to launch its JPM Coin deposit token on its proprietary tokenization platform, Kinexys, in addition to public networks. It also plans to add support for more currencies. JPMorgan has previously launched JPM Coin on the Base and Canton networks.

An analysis suggests that downward pressure on Bitcoin is easing as BlackRock's accumulation coincides with reduced selling from long-term holders. Cointelegraph reported that over the past three days, BlackRock has acquired 9,619 BTC, worth approximately $878 million, bringing its total holdings to 780,400 BTC. In the same timeframe, Binance's Coin Days Destroyed (CDD) metric fell to its lowest level since 2017, signaling a sharp drop in exchange deposits of long-dormant BTC. Furthermore, on-chain data from the Spent Output Profit Ratio (SOPR) indicates that while new investors are selling at a loss, long-term holders remain profitable and have halted their activity. The Net Unrealized Profit/Loss (NUPL) is hovering around 0.3, a level that has historically preceded market recoveries. The analysis concludes that BTC is currently in a gradual trend reversal phase rather than a clear bull market.

According to CoinNess market monitoring, BTC has risen above $91,000. BTC is trading at $91,022.53 on the Binance USDT market.

China saw the establishment of 75,000 new blockchain startups last year, DL News reported. There are now approximately 290,000 blockchain companies operating in the country.

Latin American cryptocurrency exchange TruBit appears to have been hacked for 8,535 ETH, valued at $26.44 million, Lookonchain reported.

South Korea's Supreme Court has ruled that individually owned Bitcoin held in accounts on cryptocurrency exchanges like Upbit is subject to confiscation under the Criminal Procedure Act, according to a report by Money Today. The court determined that such assets qualify as electronic certificates with economic value. The ruling, issued on Dec. 11, came as the court dismissed an appeal from an individual, identified as A, who had challenged the seizure of their Bitcoin by an investigative agency. The Supreme Court found the confiscation to be lawful, upholding a lower court's decision.

Polygon Labs plans to launch the Open Money Stack, a modular framework for cross-border stablecoin payments, by the end of the year, CoinDesk reported. The framework is designed for compatibility with various blockchains and allows for customization, enabling financial institutions and fintech firms to integrate components such as on-chain payments, fiat access, and compliance tools.

Morgan Stanley plans to launch a digital wallet that supports tokenized assets by the end of the year, Solid Intel reported.

JPMorgan said the cryptocurrency sell-off may be nearing its end as fund outflows from exchange-traded funds (ETFs) slow, CoinDesk reported. The bank noted that outflows from Bitcoin and Ethereum ETFs appear to have bottomed out in January, attributing the recent market correction to positioning adjustments rather than broader market stress. JPMorgan added that other indicators, including positioning in perpetual and CME futures, also suggest a bottom was formed in January.

Bitmine has staked an additional 57,600 ETH, valued at $176 million, according to a report from Onchainlens. This brings the company's total staked amount to 965,792 ETH.

The Optimism Foundation announced that it plans to use 50% of its Superchain revenue for OP buybacks, starting in February. The Superchain is a Layer 2 chain based on the OP Stack. Over the past 12 months, Optimism earned 5,868 ETH in revenue, depositing the entire amount into the treasury managed by Optimism Governance.

Nasdaq-listed Japanese cryptocurrency exchange Coincheck Group has signed an agreement to acquire a 97% stake in Toronto-based digital asset investment manager 3iQ for $112 million, CryptoBriefing reported. The acquisition is expected to be completed in the second quarter.