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The co-founder of Three Arrows Capital, Zhu Su, posted on platform X stating, "In the coming years, cryptocurrencies may significantly outperform the Magnificent Seven (Mag7) of the U.S. stock market."

According to a report by Cointelegraph, Santiment's latest report shows that the Memecoin market is currently exhibiting "classic capitulation signals." Despite the overall volatile trend in the cryptocurrency market, the sector may be approaching a temporary bottom.Data shows that the total market capitalization of Memecoins has dropped by about 34% over the past 30 days, falling to $31.02 billion. During the same period, Dogecoin fell by 32%. Santiment points out that there is currently a rising "nostalgic" sentiment towards Memecoins on social media, with many traders generally accepting the narrative of the "end of the meme era," and this consistent pessimism is often a typical market capitulation signal.The report states that when a sector is "completely sentenced to death" by the market, it is often the point of contrarian attention, as "maximum pain often corresponds to a temporary bottom." Additionally, Santiment notes that bearish comments on crypto social media significantly outnumber bullish comments. Historical experience shows that the market usually moves in the opposite direction of public expectations. Even if prices rebound, doubts remain in the market, which may instead favor a more sustained recovery trend.Santiment emphasizes that as Bitcoin becomes more institutionalized, the traditional path of "Bitcoin hitting new highs → Ethereum catching up → altcoin season rotating comprehensively" may no longer be fully applicable. In the future, altcoin trends may become more differentiated rather than simply "a rising tide lifts all boats."

According to Jin10, U.S. Treasury Secretary Basant stated that it is crucial to finalize the legislation on cryptocurrency as soon as possible, and Trump will sign it this spring.

Before the release of the US CPI data, the volatility of BTC and ETH has weakened. Derivatives indicators show a marginal improvement in market sentiment. Although leverage levels have been significantly cleaned up, funding rates have turned positive, and institutional basis has rebounded, traders are still paying a premium for downside protection in the short term.Currently, Bitcoin may record its fourth consecutive weekly decline, marking the longest losing streak since mid-November last year. At the same time, the slowdown in trading activity and the decline in volatility are also suppressing overall trading volume. In the derivatives market, the proportion of call option trading volume in the Bitcoin options market has risen to 65%, but the implied volatility term structure remains in a short-term inverted state, indicating that traders are still paying a high "panic premium" for immediate downside protection.

According to Reuters, the underwriter Clear Street for Strategy announced the postponement of the U.S. IPO originally scheduled for Friday, citing "poor market conditions." Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from an initial goal of $1.05 billion to $364 million. After the reduction, Clear Street's valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion.In recent years, Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings, having provided underwriting services for several crypto treasury companies, including multiple stock offerings for Strategy, and also served as the underwriter for Trump Media & Technology Group.ChainCatcher previously reported that Clear Street, the underwriter behind Strategy, plans to go public as early as January next year.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:RATHBUN (Bq9D....ump): Net inflow of $10,000, up 22791.3% in the past 24 hours, currently priced at $0.0006.CIA (2tko....ump): Net inflow of $7,000, up 78.8% in the past 24 hours, currently priced at $0.0003.Bonkers (BfAw....onk): Net inflow of $4,000, up 707% in the past 24 hours, currently priced at $0.0035.LIZARD (5T17....ump): Net inflow of $2,000, up 8684% in the past 24 hours, currently priced at $0.0002.CatCopter (AFU2....ump): Net inflow of $483, up 390.4% in the past 24 hours, currently priced at $0.0001.

QCP Director Elbert Iswara stated in a Money FM 89.3 radio program that the recent significant fluctuations in Bitcoin resemble a liquidity reset rather than a structural collapse. Although the price briefly fell to $60,033, the subsequent rebound indicates that long-term investors and institutional demand still exist.He pointed out that the current Bitcoin trend is mainly influenced by the macroeconomic environment, while factors such as ETF fund outflows, derivative positions, and leverage liquidations have exacerbated the volatility. Iswara suggested that investors pay attention to the key price range of $60,000 to $65,000, ETF fund flows, leverage liquidation situations, and changes in the correlation between Bitcoin and stocks, and believes that Bitcoin should be regarded as a high beta asset for risk management in the short term.

According to market news, Coinbase has announced the launch of "Agentic Wallets," a wallet infrastructure designed for autonomous AI agents, enabling AI agents to independently hold funds, send payments, trade tokens, earn yields, and conduct on-chain transactions.The tool is built on the x402 protocol developed in collaboration with other internet institutions, aiming to achieve "autonomous crypto payments without human intervention." Agentic Wallets are plug-and-play solutions that can configure wallets for any agent and execute transactions on behalf of users. Users can pre-set permissions, and agents will operate autonomously within secure boundaries, such as automatically adjusting positions when better yield opportunities are detected.The tool supports EVM-compatible chains and Solana, and enables gas-free transactions on the Coinbase-incubated Base Layer 2 network. The system includes built-in intelligent security protections, such as programmable spending limits, session caps, and transaction controls, with private keys always stored within Coinbase's secure infrastructure, not exposed to agents or large language models.The development team stated that agents are evolving from "advisors" to "executors," transitioning from "assistive tools" to "systems that operate autonomously within trust boundaries."

The founder and CEO of OKX, Star, stated on social media, "Cryptocurrency has gone through the Bitcoin phase (2008--2015), followed by the smart contracts and decentralized applications (dApp) phase (2016--2024). The experimental phase is over. We are now entering the on-chain finance era (2025--present).In the next decade, a significant portion of the global economy will migrate on-chain. Financial services for the internet generation should be available 24/7, low-cost, and instant, as convenient as sending an email."

According to The Block, K33 stated in its latest report that the drop of Bitcoin approaching $60,000 last week may indicate a local bottom. This round of sell-off has shown "surrender conditions" in the spot, ETF, and derivatives markets, including extreme levels of trading volume, funding rates, and options skew.Some indicators show that Bitcoin's daily RSI has dropped to 15.9, the sixth lowest since 2015, only behind March 2020 and November 2018; the Crypto Fear and Greed Index has fallen to 6, marking the second lowest point in history. K33 believes that Bitcoin may enter a consolidation phase in the range of $60,000 to $75,000, with reduced activity and a possibility of support retest, but the risk of a significant downward move below recent lows is limited.

According to market data, Bitcoin whales have recently accumulated approximately 53,000 Bitcoins, marking the largest increase since last year, providing some support to the price after several weeks of selling. However, overall market demand remains relatively concentrated, raising doubts about whether the market has truly entered a recovery phase.Currently, the price of Bitcoin is still down about 40% from last year's peak, with some cryptocurrency ETF investors in a state of unrealized losses, while institutional buying has also slowed down. Analysts believe that, in the absence of broader capital participation, this round of buying is more likely to be a phase of stabilizing the market rather than a signal of a trend reversal.

The Nasdaq-listed company Addentax Group announced that it has signed memorandums of understanding with two investment institutions to issue common stock at a price of $1.50 per share to raise a total of $200 million, in order to support business growth in the fields of artificial intelligence (AI) and cryptocurrency financial services.The company proposed a long-term investment and holding strategy for crypto assets last year, planning to acquire up to 12,000 bitcoins, as well as cryptocurrencies like TRUMP.

JPMorgan analyst Ken Worthington significantly lowered his target price for Coinbase stock from $399 to $290 ahead of the company's fourth-quarter earnings report, which is set to be released this Thursday. Worthington remains optimistic about the stock, noting that the revised target price still implies a 75% upside from Coinbase's current price of $165.5.He expects adjusted EBITDA to be $734 million, down from $801 million in the third quarter. He stated that this would represent a sharp decline compared to previous quarters, primarily driven by decreased trading volumes, weakening cryptocurrency prices, and a slowdown in the growth of USDC stablecoin balances. Worthington anticipates that the spot cryptocurrency trading volume for the quarter will be $263 billion.He also pointed out the reduction in circulating USDC and predicted stablecoin-related revenue to be $312 million. These adverse factors are partially offset by the total quarterly revenue contributed by Deribit (the cryptocurrency derivatives exchange acquired by Coinbase last August). Including Deribit, JPMorgan's model forecasts total trading revenue of $1.06 billion, with Deribit contributing approximately $117 million based on an estimated trading volume of about $586 billion.In the previous quarter, the trading platform reported trading revenue of $1 billion. In terms of subscription and services revenue, the bank expects revenue to be $670 million, down from Coinbase's prior guidance range of $710 million to $790 million, reflecting weak cryptocurrency prices, declining staking yields, and a slowdown in USDC growth. Worthington also expects operating expenses to be below guidance due to the company's cost control measures.

According to Scam Sniffer monitoring, about 5 hours ago, a user on the BSC chain lost $118,785 worth of BUSD due to signing a malicious increaseAllowance transaction.Analysts point out that while most users are cautious about permit signatures and approve calls, increaseAllowance also poses security risks, just with a less common name.

According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank will take appropriate action when medium-term inflation expectations persistently and significantly deviate from 2%.

According to Jinshi News, GivTrade strategist Hassan Fawaz pointed out in a report that, given the recent signs of cooling in the U.S. job market, any significant deviation of January's non-farm payroll data from expectations could trigger sharp fluctuations in the foreign exchange and bond markets.He stated that if the data is weaker than expected, it may reignite concerns about the momentum of the labor market, strengthening expectations for monetary policy easing later this year, thereby putting pressure on the dollar; if the data is strong, it could challenge the aforementioned expectations, providing support for the dollar and pushing up yields.

Guotai Junan Securities released a research report stating that HashKey HLDGS (03887.HK), as a leading licensed digital asset company in Hong Kong, is initiating coverage with a "Buy" rating and a target price of HKD 10.14.The core logic is based on three points: first, the company holds a full license from the Hong Kong Securities and Futures Commission (SFC) under categories 1/7/9, with a market share exceeding 75% and significant compliance barriers; second, institutional business accounts for 85.5%, with Omnibus client trading volume increasing nearly fivefold, and the proportion of institutional revenue is expected to rise significantly to 68% in H1 2025; third, the development of digital asset ETFs is driving institutional demand, and the company's integrated ecosystem (trading + on-chain services + asset management) creates a competitive advantage.In terms of finance, it is estimated that revenue will reach HKD 782 million, HKD 1.211 billion, and HKD 2.338 billion in 2025-2027, with net profit losses gradually narrowing (HKD -1.084 billion, -0.717 billion, -0.047 billion). Using the PS valuation method and referencing comparable companies like Coinbase, a 12x PS is applied, corresponding to a market value of HKD 28.1 billion.

Bybit x SignalPlus New Year Trading Carnival enters its final week, with a prize pool of 100,000 USDT, cheering on traders in the current tense market atmosphere.Users can participate solo or form teams, with opportunities to unlock rewards daily.Competition Period: January 26, 2026, 8:00 (UTC) - February 16, 2026, 8:00 (UTC)Daily Individual Lucky Draw: Participate in trading, with a chance to win up to 350 USDT daily.Daily Team Lucky Draw: Compete in teams for major benefits like a trip to Thailand for the New Year.Weekly Team Leaderboard: The top 3 teams each week will share 900 USDT.Fee Subsidy: Trade options for a chance to win up to 500 USDT in fee rebates.Recharge and Trade for a Chance to Win Hermès Prizes: Recharge and trade options to receive Hermès gifts weekly.

Arthur Hayes posted on platform X: "The sharp drop in BTC may be due to traders hedging against IBIT structured products. I will compile a complete list of all notes issued by banks to better identify the triggers that may lead to sharp price increases and decreases. The rules of the game have changed, and we must keep up with the times."

U.S. Treasury Secretary Yellen posted on X platform expressing gratitude to Senator Cynthia Lummis for her ongoing efforts in the Senate to advance legislation on the critical market structure for digital assets. Signing the "Crypto Market Structure Bill" into law is essential; the digital asset revolution has arrived, and it is believed that as long as both parties in the U.S. lead together, this revolution can ultimately be achieved.