Live Feed

Coinbase CEO Brian Armstrong plans to discuss the U.S. crypto market structure bill with banking executives at the World Economic Forum in Davos this week. According to The Block, Armstrong stated that the company will not stop pushing for discussions on the legislation. He added that he will meet with bank leaders to explore how the bill could be mutually beneficial, emphasizing that stablecoins could create a level playing field for both crypto firms and banks.

The DeFi protocol MakinaFi has been exploited for 1,299 ETH, valued at $4.13 million, according to a report from PeckShield on X. The stolen funds have been transferred to two new addresses.

South Korean financial authorities have begun drafting detailed plans to overhaul the country's digital asset regulatory framework by the end of the year, The Herald Business reported exclusively. The core of the initiative is deregulation aimed at revitalizing the market, which includes ending the current "one-exchange, one-bank" practice and permitting the issuance of digital asset derivatives. South Korea's Fair Trade Commission and Financial Services Commission are reportedly in discussions to ease major digital asset regulations. A government official stated that relevant ministries are continuously discussing the scope and timing of the deregulation. The official added that the government is expediting the process, dividing tasks into short- and long-term goals, with an aim to make an announcement within the year.

Web3 community platform Galxe has evolved from a platform centered on on-chain quests and reward campaigns into an integrated infrastructure for user acquisition, engagement, and token distribution, according to an analysis by crypto data firm Messari. Messari noted that Galxe has unified its Quests, Airdrops, Starboard, Passport, Score, and Gravity products into a single platform, centralizing multi-chain program operations, Sybil attack control, and analytics. The platform's airdrop infrastructure now manages complex token distribution, while Starboard combines on-chain activity with social data to enable influence-driven operations. Galxe is currently focused on ensuring the performance and stability of its Gravity chain by developing a dedicated Ethereum Virtual Machine (EVM) environment, a software development kit (SDK), and a fork of the high-performance Ethereum execution client Reth. According to Messari, future challenges for the platform include business development, scaling, advancing Starboard's analytics, and achieving real-time processing for Gravity.

An address believed to belong to Trend Research borrowed 10 million USDT from Aave and immediately deposited the funds to Binance, according to on-chain analyst ai_9684xtpa. The move is seen as a potential precursor to purchasing additional ETH. The address currently holds 626,778 ETH, valued at $1.94 billion.

Meme coin trading volume recently surged due to trader profit-taking, even as the sector's total market capitalization declined, Cointelegraph reported. Citing CoinMarketCap data, the report noted that on Jan. 19, meme coin volume increased 106% from the previous day to $5.62 billion, while the collective market cap fell by 6%. Vincent Liu, Chief Investment Officer at Kronos Research, explained that this suggests a phenomenon driven by profit-taking and short-term trading rather than an influx of new capital. He added that in the current low-liquidity environment, a spike in volume can lead to price drops, as participation wanes and bid-ask spreads widen once traders have finished realizing their profits.

Katana, a DeFi-focused blockchain developed by Polygon (POL) and GSR, announced it has generated over $2.8 million in revenue in the six months since its mainnet launch. The project stated that these earnings will be used to support users within its DeFi ecosystem. Katana also highlighted several key performance metrics, including a total cumulative revenue of $3.1 million and a DeFi total value locked (TVL) of $388 million, which ranks it ninth among all Layer 2 networks. Other milestones include 169,000 monthly active addresses, $1.2 billion in DEX volume for the fourth quarter of 2025, $151 million in total loans, and $100 million in TVL on SushiSwap.

Over the past 24 hours, forced liquidations in the cryptocurrency perpetual futures market included: ETH: $27.07 million, with long positions accounting for 83.16%. BTC: $14.59 million, with long positions accounting for 65.29%. DUSK: $6.48 million, with short positions accounting for 65.79%.

Binance has announced on its official website that it will list new BTC/U and LTC/USD1 cross margin trading pairs at 8:00 a.m. UTC today.

An address associated with crypto financial services firm Galaxy Digital deposited 7,000 ETH, worth approximately $22.52 million, to Binance over the past 12 hours, according to The Data Nerd.

Bitcoin holders have sold their holdings at a loss for 30 consecutive days since late December, marking the first such streak since October 2023, according to a post on X by CryptoQuant senior analyst Julio Moreno.

Memecoin launchpad pump.fun (PUMP) has launched the Pump Fund to support ecosystem startups, The Block reported. As part of the initiative, the platform plans to host a hackathon with a $3 million prize pool. Participating projects are required to launch a token and hold at least 10% of the total supply.

Binance announced on its official website that it will delist several cross and isolated margin trading pairs on Jan. 23 at 6:00 a.m. UTC. The move will affect six cross margin pairs—YGG/BTC, ARPA/BTC, OGN/BTC, COMP/BTC, SUPER/BTC, and JOE/BTC—and nine isolated margin pairs: YGG/BTC, CELO/BTC, VET/ETH, ARPA/BTC, OGN/BTC, GAS/BTC, COMP/BTC, SUPER/BTC, and DIA/BTC.

Sky Protocol, which was rebranded from MakerDAO, announced it has bought back 31.57 million SKY over the past seven days, an amount valued at 1.9 million USDS. The project has now spent over $102 million on SKY buybacks since the program began in February 2025.

The Trove token team is facing backlash from investors after announcing it will use funds originally raised for a Hyperliquid-based chain to pivot to the Solana ecosystem, Cointelegraph reported. The team had raised $11.5 million in a token sale premised on Hyperliquid integration but revealed the change in development direction ahead of its token generation event. Trove stated that it plans to allocate $9.4 million of the total funds to build a perpetual DEX on Solana, describing it as the only path for the project's survival. However, some investors have protested the sudden shift and demanded refunds. Trove has refunded $2.44 million to date and plans to issue an additional $100,000 in refunds.

An address presumed to belong to Nasdaq-listed FG Nexus (FGNX), a company known for strategically accumulating Ethereum, sold 2,500 ETH ($8.04 million) four hours ago, according to a report from EmberCN. FG Nexus accumulated 50,770 ETH ($200 million) last year but later sold 13,475 ETH at a loss of $11.52 million after the price of the asset fell. The company's current holdings now stand at 37,594 ETH, valued at approximately $120 million.

A whale address that had been dormant for 13 years transferred 909.38 BTC, worth $84.62 million, to a new address four hours ago, Lookonchain reported.

The South Korean crypto exchange Coinone has announced it will delist Myro (MYRO) at 6:00 a.m. UTC on Feb. 19. The exchange explained that the decision was made to protect users, citing an insufficiently active community for the online content-based virtual asset. Coinone also noted shortcomings in the project's business viability and operational sustainability. Additionally, Coinone has added Milkyway (MILK) to its delisting watchlist. The exchange stated this was due to concerns about the project's business viability and sustainability. It also pointed to a lack of transparency and rationality in the project's procedures for making significant changes, which it believes could potentially harm users.

Addresses associated with Druk Holdings, Bhutan's state-owned investment institution, are believed to be holding a long position in Ethereum (ETH), according to on-chain analyst Emmett Gallic. The analyst noted that an associated address withdrew 42,000 ETH and 54 million USDT from Binance. It then swapped the USDT for ETH and deposited the assets into the crypto lending protocol Aave. Subsequently, the address borrowed $275 million in USDT to purchase additional ETH. The addresses linked to Druk Holdings currently hold a long position of 117,000 ETH, valued at approximately $459 million.

The People's Bank of China announced it has held its one-year loan prime rate (LPR) at 3% and its five-year LPR at 3.5%. The LPRs function as the country's de facto benchmark lending rates.

A potential tariff war between the United States and the European Union over Greenland could push global GDP growth down to 2.6%, according to a report from Oxford Economics. The U.K.-based research firm analyzed a scenario in which the U.S. imposes an additional 25% tariff on six EU nations amid a dispute over acquiring the territory, prompting equivalent retaliatory measures. Under this scenario, U.S. GDP is forecast to fall by up to 1% from its current outlook, with the Eurozone facing a similar impact over a more prolonged period. Oxford Economics stated that given the economic size of both parties, the effects would spread globally. The resulting 2.6% growth rate would fall below the stable 2.8% to 2.9% range of the last three years and would be the lowest figure since 2009, excluding the 2020 COVID-19 pandemic.

Shinhan Investment & Securities has entered into a strategic partnership with global real-world asset (RWA) platform Etherfuse to collaborate on issuing a Stablebond backed by South Korean government bonds, Money Today reported. Under the agreement, Etherfuse will issue the Stablebond, which will trade under the ticker KTB. Shinhan Investment & Securities will not act as the issuer or seller of the product but will instead provide government bond brokerage services and support the acquisition and management of the underlying assets.

Traders are pricing in a 95% probability that the U.S. Federal Reserve (Fed) will hold interest rates steady at its upcoming Federal Open Market Committee (FOMC) meeting on Jan. 27-28, according to the CME FedWatch Tool.

CoinMarketCap's Altcoin Season Index has risen one point from the previous day to 26. The index measures whether it is an "altcoin season" or a "Bitcoin season." An altcoin season is declared when 75% of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins, outperform Bitcoin over a 90-day period. A score closer to 100 indicates a stronger altcoin season.

The Crypto Fear & Greed Index from data provider Alternative fell 12 points from the previous day to 32, continuing the fear stage. 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%).