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A key technical indicator suggests Bitcoin already hit its market bottom last November and has significant room for further gains, according to a CoinDesk analysis. Citing Glassnode data, the report highlights that the Short-Term Holder Profit/Loss (P/L) Ratio dropped to 0.013 in November, a level consistent with major market bottoms in 2011, 2015, 2018, and 2022. The ratio has since recovered to 0.45. CoinDesk noted that a strong bull market has historically followed once the indicator surpasses the 1.0 mark, suggesting substantial upside potential remains.

Brian Quintenz, a former nominee for chairman of the U.S. Commodity Futures Trading Commission (CFTC), has joined the board of Nasdaq-listed SUI Group Holdings, The Block reported. He is set to lead the company's institutional investment strategy. Quintenz was previously nominated for the CFTC chairman role, but the nomination was withdrawn due to a conflict of interest controversy involving Kalshi.

Prediction market platform Kalshi has reached an annual trading volume of $100 billion, Walter Bloomberg reported.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

An address believed to belong to the U.S. government has transferred 225.35 million USDT to an anonymous address, Lookonchain reported. The funds are thought to be assets seized in connection with a pig butchering cryptocurrency scam.

The three major U.S. stock indices opened higher. The S&P 500 is up 0.09%, the Nasdaq Composite has gained 0.2%, and the Dow Jones Industrial Average is up 0.02%.

The U.S. Securities and Exchange Commission (SEC) has approved the listing of a spot Chainlink (LINK) ETF from Bitwise, Solid Intel reported. The ETF will trade on NYSE Arca under the ticker CLNK. Coinbase Custody and BNY Mellon will serve as custodians for the fund's assets.

Bitcoin mining equipment manufacturer Canaan has launched a new proof-of-concept (PoC) project in Canada that combines BTC mining with agriculture, The Block reported. The project's central goal is to recycle heat generated from mining operations to help grow tomatoes. A pilot test is currently underway to assess the practical applications of the initiative.

Cryptocurrency prediction market platform Polymarket has introduced taker fees for its 15-minute crypto prediction markets, according to The Block. The revenue will fund a maker rebate program, refunding liquidity providers daily in USDC. These 15-minute markets allow users to bet on the price movements of BTC, ETH, SOL, and XRP. The fees can be as high as 3% and vary depending on the trade size and probability range.

An anonymous whale address deposited 452,824 LINK, worth $6.28 million, to a Binance address suspected of belonging to GSR Markets, according to data from Arkham (ARKM). The sending address, which begins with 0x1646, started accumulating LINK between June and July 2024 at an average price of around $13.06. Over the past four days, the address has deposited a total of 1.45 million LINK, valued at $19.58 million, to the exchange.

Binance has announced the listing of BREV/USDT perpetual futures, scheduled for Jan. 6 at 2:00 p.m. UTC. The contract will support up to 5x leverage.

The decentralized autonomous organization (DAO) for the decentralized infrastructure protocol Pocket Network (POKT) has passed governance proposal PIP-41 to introduce a deflationary tokenomics model. The proposal modifies the network's Shannon tokenomics by re-minting only 97.5% of all burned POKT tokens. As a result, a portion of tokens will not be reissued each time a relay is processed on the network, creating a deflationary structure that gradually reduces the total supply. Pocket Network announced that the changes are scheduled to be implemented in mid-January through the v1.31 update.

Circle's USDC posted a higher growth rate than Tether's USDT last year, according to CoinDesk. In 2025, USDC's market capitalization increased by 73% to $75.12 billion, while USDT's grew by 36% to $186.6 billion. This follows a similar trend from 2024, when USDC's 77% growth also surpassed USDT's 50% expansion.

New York Stock Exchange-listed company Hyperscale Data (GPUS) held 524.7 BTC as of Jan. 4, PR Newswire reported. This marks a 16% increase of 72.7 BTC from the 452 BTC held last month. Hyperscale has previously stated its goal is to accumulate BTC equivalent to 100% of its market capitalization.

BitMEX has launched Equity Perps, a 24/7 service for trading major U.S. stocks and indices, including the S&P 500 and Nasdaq, Cointelegraph reported. The service allows users to make leveraged investments in these assets using cryptocurrency as collateral. The move follows a similar announcement from Bitget, which previously stated it would offer traditional financial asset services to all its users.

Binance Alpha has announced the addition of BREV. The platform is an on-chain trading service within the Binance Wallet that focuses on listing early-stage coins.

One-third of Bitcoin's total supply could be vulnerable to attacks from quantum computing, David Duong, head of institutional research at Coinbase, said in an interview with DL News. He explained that quantum computers could undermine Bitcoin's current security model by either distorting the network's reward structure through hyper-efficient mining or by deriving private keys from public keys to steal funds. Duong emphasized that given the current pace of technological development, the threat of private key derivation is the core challenge facing Bitcoin, more so than the mining-related risk.

On-chain analytics firm Glassnode has concluded that current Bitcoin funding rates do not yet signal a strong trend reversal. In a post on X, the firm noted that the seven-day moving average for BTC perpetual futures funding rates on major centralized exchanges shows a modest upward trend. The average rate recently fell to around 0% before rebounding to 0.005% and has since settled at approximately 0.003% over the past 24 hours. Glassnode explained that sustained bull runs typically require funding rates to remain stable above 0.01%. While the current level indicates a favorable market environment, it is not considered a decisive signal for a strong uptrend.

DL News has identified six key factors contributing to Bitcoin's recent rally, according to a summary by CoinNess. These include a catch-up trading phenomenon following recent gains in gold and the asset's attractive price point, which is approximately 25% below its all-time high. A favorable macroeconomic environment, driven by expectations of interest rate cuts and liquidity provision from the U.S. Federal Reserve, is also providing support. Additionally, the rally is being fueled by improving regulatory clarity for the cryptocurrency sector and a sustained inflow of institutional capital.

Binance Wallet announced on its official X account that it will conduct the Token Generation Event (TGE) for Zenchain (ZTC) from 8:00 a.m. to 10:00 a.m. UTC on Jan. 8. Campaign participants holding a specified minimum of Binance Alpha Points will be eligible to purchase ZTC tokens through a pre-TGE subscription. Each participant can subscribe by depositing a maximum of 3 BNB.

Morgan Stanley has submitted S-1 filings to the U.S. Securities and Exchange Commission (SEC) for potential Bitcoin and Solana (SOL) exchange-traded funds (ETFs) as part of its strategy to expand its cryptocurrency offerings, Unfolded reported.

Bitcoin investors are increasingly viewing the rising copper-to-gold ratio as a key macroeconomic signal, CoinDesk reported. The ratio is considered an indicator of market risk appetite, as copper prices are closely tied to industrial demand during economic growth, while gold is favored in times of uncertainty. A rising ratio suggests a risk-on environment, while a decline indicates a shift toward risk aversion. Historically, Bitcoin's price peaks have often coincided with peaks in the copper-to-gold ratio, and past bull markets have frequently seen Bitcoin begin an uptrend as the ratio reversed from a downtrend. If the recent surge in copper prices is driven by expectations of an economic recovery, this could signify the development of a positive environment for Bitcoin.

Blockchain analytics platform Bubblemaps has refuted claims that an insider trading bet on Polymarket regarding the arrest of Venezuelan President Nicolás Maduro is linked to WorldLibertyFinancial (WLFI), BeInCrypto reported. An account on the prediction market platform earned approximately $400,000 by betting on Maduro's arrest shortly before it occurred, leading some in the community to suggest a connection to WLFI co-founder Steve Witkoff. Bubblemaps countered that it is difficult to identify a specific individual based solely on transaction timing and fund flow patterns, noting that thousands of addresses could exhibit similar activity. In response, on-chain analyst Andrew 10GWEI, who initially raised the suspicion, acknowledged that the allegation was based on a hypothesis.

BitMEX co-founder Arthur Hayes predicts that U.S. attempts to control Venezuela will lead to increased dollar printing, ultimately driving up the price of Bitcoin and other cryptocurrencies. In a recent blog post, Hayes argued that the Trump administration will aim to suppress oil prices while stimulating the economy to secure victories in the 2026 midterm and 2028 presidential elections. He stated that this strategy would necessitate a massive supply of dollars, and as long as unlimited money printing continues, BTC is bound to rise. Hayes also noted that deepening leverage within the fiat system will lead investors to seek BTC as a store of value. Regarding his own strategy, Hayes revealed he is focusing on altcoins, having recently sold BTC to increase his holdings in privacy coins like Zcash (ZEC) and sold ETH to invest in DeFi assets. He believes the privacy sector will gain significant attention this year and advised investors to focus on technical analysis and liquidity indicators rather than getting caught up in geopolitical complexities.