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UK clearing bank ClearBank has selected digital asset infrastructure provider Taurus as its partner for stablecoin services, according to CoinDesk. The collaboration will involve ClearBank integrating Taurus-PROTECT, Taurus's wallet infrastructure solution, to offer digital asset services.

A governance proposal to burn 300 million WOO has passed with 100% approval. The tokens, representing approximately 15% of the total supply, are scheduled to be burned within the next few days.

According to an annual report on major centralized exchanges (CEX) for 2025 from Wu Blockchain, the top four exchanges by spot trading volume were Binance, Bybit, Gate.io, and Crypto.com. Binance's spot volume was approximately five times that of the second-place exchange, Bybit. In the derivatives sector, Binance also secured the top position, followed by OKX, Bybit, and Bitget.

An Ethereum whale address purchased an additional 1,299.6 ETH from the exchange OKX approximately 10 minutes ago at an average price of $3,129, according to on-chain analyst ai_9684xtpa. The transaction marks the whale's first purchase in one week. This address has been consistently accumulating ETH since Dec. 5, 2025, and now holds a total of 51,451 ETH, valued at $161 million.

Tom Lee, chairman of Fundstrat and Bitmine (BMNR), has predicted that the next bull market will begin in 2027. He characterized the correction phase that began last October as akin to a mini crypto winter, adding that this year will be a period of price recovery. Lee also stated that 2024 will be the year blockchain establishes itself as a settlement layer for Wall Street, driven by the proliferation of stablecoins and tokenization, with Ethereum (ETH) expected to be the primary beneficiary. Furthermore, he asserted that Bitmine is set to become the largest staker in the cryptocurrency ecosystem, with projected annual staking revenues of approximately $374 million.

JPMorgan has presented a base case scenario in which the U.S. benchmark interest rate will remain unchanged this year, with a 25 bp increase projected for the third quarter of 2027, CoinDesk reported, citing Reuters. The bank's forecast contrasts with current market expectations, as the CME Federal Funds futures market is pricing in two 25 bp rate cuts within the year. However, JPMorgan added that the possibility of rate cuts could re-emerge if the labor market weakens again or if inflation slows rapidly.

The ruling Democratic Party's Digital Asset Task Force has begun drafting a consolidated bill for digital assets, combining various proposals previously submitted by its members, Hankyung reported. This appears to be a proactive move to minimize the legislative vacuum as the government's proposed Digital Asset Basic Act faces delays due to disagreements between financial authorities and the National Assembly. Given the Democratic Party's history of actively incorporating the industry's perspective, its consolidated bill is expected to contain significant provisions that conflict with the government's proposal. A key point of contention will be the regulation of stablecoin issuance. The industry has strongly opposed the government's plan to restrict issuance to consortiums with majority bank ownership, and it remains a major question whether the party's bill will adjust this rule.

A reverse Kimchi premium has appeared for USDT, with its price on the South Korean exchange Upbit trading below the official won-dollar exchange rate. Currently, the won-dollar rate is 1,473.7 won, while USDT is trading at 1,473 won on Upbit. Bitcoin is also showing a reverse premium of approximately -0.07%.

The Solana Policy Institute, a non-profit organization focused on blockchain policy, has urged the U.S. Securities and Exchange Commission (SEC) to distinguish between centralized cryptocurrency exchanges and non-custodial decentralized finance (DeFi) software. The institute argued that developers should not be regulated as intermediaries. It called on the SEC to publish guidance that separates non-custodial software tools from broker transactions, amend Rule 3b-16 to exclude open-source code from the definition of an exchange, and adopt a custody and control-based framework to differentiate between intermediary and non-intermediary blockchain activities.

The South Korean crypto exchange Upbit has announced the temporary suspension of deposits and withdrawals for Sei (SEI) due to wallet system maintenance.

An address presumed to belong to former New York Mayor Eric Adams withdrew approximately 3.18 million USDC at the price peak of the NYC token, according to on-chain analytics firm Lookonchain. The firm reported on X that panic selling began in the market following the withdrawal. The NYC token, which Adams had previously supported, saw its market capitalization surge to $730 million shortly after its launch before plummeting by 80%.

Delays in the approval of domestic spot crypto exchange-traded funds (ETFs) are driving investment demand overseas, Edaily reported. Over the past year, South Korean investors have purchased approximately $2.37 billion (3.5 trillion won) in crypto-based ETFs and related derivative products listed on offshore exchanges. This figure is based on an analysis of the top 50 most net-purchased overseas stocks by domestic retail investors. The media outlet noted that under South Korea's Capital Markets Act, financial investment firms can only offer products based on recognized underlying assets. As cryptocurrencies are not included in this category, investors seeking exposure to crypto ETFs must turn to products listed abroad.

21Shares' exchange-traded product (ETP) tracking spot Bitcoin and gold, BOLD, began trading on the London Stock Exchange (LSE) on Jan. 13, CoinDesk reported. The ETP was first listed in Switzerland in April 2022. As of the end of last year, BOLD posted a 122.5% gain in pound sterling terms, outperforming the individual returns of both Bitcoin and gold over the same period.

The share of Bitcoin deposits to Binance from large-scale investors, or whales, has reached its highest level since November 2024, potentially signaling increased market volatility, according to crypto analyst Arab Chain in a contribution to CryptoQuant. The analyst noted that the proportion of BTC deposits to the exchange from whale addresses has climbed to 0.66. Arab Chain suggested this indicates that large investors are beginning to take profits or adjust their positions as prices enter a critical range. However, the analyst clarified that these inflows do not necessarily signal an immediate sell-off. If demand and liquidity remain stable, the trend could lead to a period of heightened volatility rather than a sharp price decline.

Short-term volatility indexes in the Bitcoin and Ethereum options markets are declining, Coindesk reported. On the crypto options exchange Deribit, the 30-day implied volatility index for Bitcoin (DVOL) has dropped to 40, its lowest level since October 2025. The 30-day DVOL for ETH has also fallen to 60, its lowest point since September 2024. The media outlet interpreted these figures to mean that investors see a low probability of sharp, near-term market fluctuations, despite headwinds from geopolitical risk, slowing demand for ETFs, and a strong U.S. dollar environment.

The community of the BNB Chain-based decentralized exchange (DEX) PancakeSwap (CAKE) is discussing a governance proposal to reduce the token's maximum supply from 450 million to 400 million. This follows a move last year in which the protocol burned 8.19% of its total supply as part of its Tokenomics 3.0 initiative. According to the proposal's author, the current circulating supply of CAKE is approximately 350 million, leaving about 50 million available for future issuance to support protocol growth. The author added that the likelihood of PancakeSwap returning to an inflationary state is very low.

The privacy-focused cryptocurrency Monero (XMR) has surpassed $650, reaching an all-time high for the first time in eight years after surging more than 40% over the past week. Crypto media outlet BeInCrypto explained that Monero, operated by a decentralized community (DAO), lacks the regular selling pressure from token unlocks. The outlet added that demand for privacy has surged following the implementation of the European Union's crypto tax transparency directive, DAC8, this year. Ryan McMillin, CIO of Merkle Tree Capital, noted that rotational funds have flowed into the privacy sector amid broader market uncertainty. However, he cautioned that Monero and many other privacy coins are not listed on regulated centralized exchanges, leaving them vulnerable to price manipulation. Veteran trader Peter Brandt commented that Monero's current technical movement is very similar to silver's past breakout pattern, suggesting it may have entered a price discovery phase. According to CoinMarketCap, XMR is trading at $656.91, up 15.95% over the last 24 hours.

Binance founder Changpeng Zhao stated on X that while he is not against memecoins, he opposes their indiscriminate issuance and investment. He said that although he likes memecoins, investors would certainly incur losses if they were to invest in every memecoin created in response to his posts. Zhao emphasized that he does not think about memes and that his tweets are simply his usual unfunny jokes.

OKX has announced the listing of the FOGO/USDT spot trading pair, scheduled for 2:00 p.m. UTC on Jan. 15. Following the listing, FOGO pre-market futures will be converted into standard perpetual futures within three hours.

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: 49.49% long, 50.51% short 1. Binance: 49.75% long, 50.25% short 2. OKX: 48.25% long, 51.75% short 3. Bybit: 50.32% long, 49.68% short

Global asset manager VanEck predicts a potential risk-on environment for assets in the first quarter of this year but maintains a cautious outlook for Bitcoin, citing the breakdown of its four-year cycle theory, Cointelegraph reported. In a report released on Jan. 13, VanEck stated that a positive investment environment has been created as U.S. fiscal and monetary policies have become clearer. However, the firm noted that the short-term forecast for BTC is complicated by several factors, including record-breaking forced liquidations in October of last year, a deteriorating correlation with stocks and gold, and the aforementioned cycle theory collapse. VanEck advised that a cautious approach is warranted for the next three to six months.

Arguments against including Bitcoin in 401(k) retirement plans due to its volatility are unfair, according to Bitwise CIO Matt Hougan in an interview with Investopedia. His comments follow an executive order signed by the Trump administration allowing pension and retirement funds to hold cryptocurrencies, a move that U.S. Senator and crypto opponent Elizabeth Warren warned would create risks for investors. Hougan countered that BTC's volatility over the past year has been lower than that of NVIDIA (NVDA), adding that it is unreasonable to apply a stricter standard to a single asset class. He emphasized that cryptocurrencies will eventually be normalized within the institutional framework, just like other assets.

The NYC token, a cryptocurrency endorsed by former New York Mayor Eric Adams, plummeted 80% immediately after its launch, Crypto Briefing reported. The token's market capitalization surged to $730 million shortly after its debut but collapsed to around $90 million within one hour. It is currently trading at a level of approximately $110 million. Adams had previously promoted NYC as a commemorative asset, stating that proceeds would be used for initiatives like education. The project has faced criticism for a lack of transparency, with its website missing key information such as a white paper and a list of partners. Additionally, on-chain analysis platform Bubble Maps has raised suspicions of liquidity manipulation, citing abnormal activity from NYC-related addresses.

A draft bill from the U.S. Senate Banking Committee could make it difficult to earn interest for simply holding stablecoins, according to Eleanor Terrett, host of Crypto in America. A provision in the proposed crypto market structure bill (CLARITY Act) would only permit interest or rewards on stablecoins when linked to substantive activities such as opening an account, trading, staking, or providing liquidity. Terrett noted that senators have a 48-hour window to submit amendments, and it remains uncertain whether the provision will be retained in the bill by Jan. 15.

According to CoinNess market monitoring, BTC has risen above $92,000. BTC is trading at $92,050.52 on the Binance USDT market.