tempo

According to The Block, Robinhood's stock price fell on Tuesday after the company reported a year-over-year decline in cryptocurrency business revenue for the fourth quarter. However, analysts from research and brokerage firm Bernstein stated that this weakness reflects a temporary "crypto market tension" and reiterated their target price of $160.Robinhood's total revenue reached an all-time high, but cryptocurrency trading revenue fell 38% year-over-year to $221 million. Bernstein analysts noted that the revenue weakness due to decreased crypto trading activity was "expected" and stated that "there is no need to turn bearish when the stock price is approaching a cyclical low." Despite the "crypto market tension," several business metrics for the company remained "robust" in the fourth quarter. Additionally, Robinhood Banking, launched at the end of 2025, has attracted over 25,000 funded customers, with total account balances exceeding $400 million.Analysts pointed out that Robinhood's prediction market set a new record, accounting for about 14% of trading revenue and 8% of total revenue. The platform traded 8.5 billion contracts in the fourth quarter, far exceeding previous expectations. The report indicated that trading volume at the beginning of 2026 reached $4 billion, while the previously forecasted trading volume for 2026 was $27 billion.

glassnode's weekly market report indicates that the price of Bitcoin rebounded from $60,000 to $69,000. However, while spot trading volume has increased, it remains at a low level, showing that selling pressure has eased but buyer participation is cautious. This reflects a market that is frequently changing hands after a downward revaluation, rather than decisively accumulating.Over-the-counter indicators show that futures and options positions are defensively strong, with ETF trading volume surging to a high of $45.5 billion, yet accompanied by a slowdown in capital outflows, resulting in overall low risk appetite. On-chain fundamental activity has strengthened, but capital inflows are negative and unrealized losses dominate supply. Overall, the market's sustained recovery may depend on the restoration of spot demand, which would stabilize prices above recent lows.

According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank is unlikely to react to a temporary slowdown in inflation, as the current inflation risks are roughly balanced and the current interest rate level is appropriate.

Farcaster founder Dan Romero announced on the X platform that he has joined the stablecoin blockchain project Tempo, which has previously received support from Stripe and Paradigm.

Maple Finance announced that there is a security vulnerability in its web application. The issue has been fixed, but out of caution, we will temporarily shut down the web application to ensure the fix is thoroughly completed.The team stated that the smart contracts were not affected and user deposits are safe. The team will notify users once the web application is back online.

Bithumb exchange announced today that it acknowledged an error in the distribution of activity rewards, which led to some users receiving an abnormal amount of Bitcoin. These users subsequently sold off their holdings, causing a sharp fluctuation in Bitcoin prices in a short period. The exchange's internal control system quickly identified and restricted the trading of the relevant accounts, and the market price returned to normal levels within 5 minutes. Bithumb emphasized that this incident is unrelated to external hacking attacks, and customer asset security has not been affected, with trading and deposit/withdrawal functions operating normally. The exchange has committed to handling subsequent matters transparently to ensure that customer rights are not compromised.

Cryptanalysis expert PlanB posted on social media that he believes there are four possible scenarios for the current Bitcoin bear market: first, a pullback of 80% from the historical high of $126,000, bringing the price down to around $25,000; second, a drop to the 200-week moving average or the realized price range, approximately $50,000 to $60,000; third, a decline to slightly above the previous historical high, around $70,000; fourth, the $72,900 reached yesterday may have formed a temporary bottom.

Bitget Launchpool project ZAMA is now open for investment. As of the time of writing, the yield of its BGB locked pool is 35.43% APR, and the yield of the ZAMA locked pool is 190.07% APR.

Step Finance issued a statement regarding a hacking incident on platform X, disclosing that approximately $40 million was stolen from its treasury due to the compromise of an executive's device. After detecting the security vulnerability, they collaborated with cybersecurity researchers and relevant authorities to initiate an investigation into the attack and notified law enforcement. During this period, some operational activities were temporarily halted, and approximately $3.7 million in Remora assets and $1 million in other positions have been recovered.As the largest liquidity provider for Remora Markets, LP activities will resume once the system is fully secure. Remora Markets is not related to this incident, and all rTokens are still backed 1:1 by custodial collateral. At this stage, it is advised that anyone refrain from using STEP tokens until the investigation is complete. A system snapshot will be taken prior to the exploitation to ensure the safety of STEP token holders, and any updates will be released immediately once there is progress.

A Nevada court in the United States issued a temporary restraining order against Polymarket, prohibiting the entity behind Polymarket, Blockratize, from offering event-based contracts in the state for a period of two weeks. The court found that Polymarket's activities might violate Nevada's gaming laws and are not protected by federal derivatives regulations.

After more than two hours of intense selling, spot gold, silver, platinum, and palladium have temporarily stabilized. Spot gold has risen above $4800 per ounce, and spot silver has regained the $80 per ounce mark. (Jin Shi)

Trader Eugene Ng Ah Sio posted on his personal channel, "I don't quite understand the latest price movements this week, so I plan to wait and see for a while. From a higher time frame (HTF) perspective, the pattern doesn't look ideal, and my judgment is that the price is likely to go lower.I originally hoped that the new year would bring enough momentum to push the price above $100,000 and catch up with other risk assets, but it now seems that this is unlikely to happen.Temporarily stepping back from all markets, returning to real life, and once again 'touching grass'."

According to information from the official website, Starknet ecosystem Perp DEX Paradex has announced temporary maintenance. The expected maintenance completion time has passed, but the protocol is still not online.According to community feedback, some users have faced forced liquidation in perpetual contract trading on Paradex due to abnormally high funding rates. Public information shows that Paradex is a decentralized perpetual derivatives Layer2 application chain that combines the liquidity of the crypto institution liquidity platform Paradigm with the transparency and self-custody of DeFi. It will operate as its own chain based on the Starknet developer stack and is the result of a continuous six-month collaboration between StarkWare and Paradigm.

According to The Block, concerns about a potential trade war between the U.S. and the EU will further impact the already fragile market sentiment. Bitcoin, Ethereum, and the entire crypto market plummeted in the early hours, with Bitcoin briefly falling below $92,000, dropping over 3% at one point. In the past 4 hours, the amount of long liquidations has exceeded $750 million, and analysts attribute this sharp decline to market worries about the prospects of a U.S.-EU tariff war.Presto Research analyst Min Jung stated, "The crypto market still appears weak compared to other asset classes. Although concerns about the U.S.-EU trade war have the greatest impact on market sentiment, other risk assets, including the Korea Composite Stock Price Index (KOSPI), have remained flat or even risen. This indicates that there are significant inherent weaknesses in the crypto market, with investors more inclined to allocate to other risk assets. In the context of most markets rising, crypto assets remain the underperformers."

According to GMGN monitoring, influenced by CZ's statement that "I do not oppose Meme coins, but blindly following tweets to trade Meme coins will likely result in losses," this statement has been interpreted by the market as a negative attitude towards "official IP derivative" Meme projects on its platform. As a result, several Chinese Meme coins on the BSC chain have experienced varying degrees of decline, with the price of "Life K Line" dropping over 20% within 1 hour. Specific information is as follows:"I’m coming": 1-hour decline of 6%, market cap currently reported at 26.65 million USD, current price approximately 0.026 USD;"Old man": 1-hour increase of 11%, market cap currently reported at 11.49 million USD, current price approximately 0.011 USD;"Life K Line": 1-hour decline of 23%, market cap currently reported at 11.15 million USD, current price approximately 0.011 USD;ChainCatcher reminds users that trading Meme coins is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case. Investors should be aware of the risks.

According to monitoring by Hyperinsight, the whale address marked as "Lightning Backhand" (0x50b3...) has adjusted its ETH long position by adding 1,308.04 ETH long contracts, valued at approximately $4.0974 million.After this operation, the average price of its ETH long position slightly decreased from $3,131.26 to $3,129.91, with a total position size reaching $10.681 million. The current floating loss for this position is approximately $3,803.91, with a loss percentage of 0.5%, and the liquidation price is $2,229.79. This address is known for its rapid switching between long and short positions, and its trading pattern typically involves closing positions and then immediately building large positions in the opposite direction, showcasing a high-frequency reversal trading style.

According to market news, Tempo has launched its mainnet browser, but it requires a password to access.Additionally, according to Polymarket, the probability of Tempo issuing tokens before the end of the year is currently reported at 69%.