GasWrangler

The Korean financial regulatory authorities recently launched reforms, abolishing the long-standing "1 Exchange – 1 Bank" rule aimed at breaking market monopolies and enhancing competition and user choice. The reform measures include allowing exchanges to issue crypto derivatives and opening corporate accounts for participation in trading to promote market liquidity. This direction has gained consensus from the two major political parties and will be incorporated into the legislation of the "Basic Digital Asset Law" in the future, reflecting a shift in the Korean financial authorities' attitude towards the crypto market.

Norwegian company K33 launches crypto asset collateralized lending service, allowing users to exchange Bitcoin and Ethereum for stablecoin loans. The service is initially available only to select customers. K33 also invests its own Bitcoin to increase liquidity and returns, demonstrating traditional financial institutions' accelerated exploration of crypto asset commercialization.

Recently, ETH prices have experienced slight fluctuations, overall higher than yesterday afternoon, but the bears still hold the advantage. Trading volume has decreased, and the market has cooled down. Technical indicators show that the bullish forces are strengthening, with key support at 3183.0 and 3189.55, resistance at 3349.96 and 3375.0, and a trading range between 3189.55 and 3349.96.

A Bitcoin whale that had been dormant for 13 years suddenly transferred 909.38 BTC, worth approximately $84.62 million. Its initial investment was less than 7,000 yuan, and now it has increased nearly 13,900 times. The activity of this dormant whale has attracted market attention, and its subsequent movements are worth watching.

Recently, BitMine has pledged a large amount of 86,848 ETH, with a total pledged amount reaching 1,771,936 ETH and a market value of $5.65 billion. This reflects major investors' confidence in the long-term value of ETH and also enhances its influence within the Ethereum ecosystem. Ordinary investors can gain insights into institutional attitudes from this.

Zama officially launched its token staking portal on January 20th, and users can start staking from February 2nd. The staking system requires operators to lock ZAMA tokens and earn rewards from different nodes based on their staking amount. Rewards for FHE and KMS nodes are 40% and 60%, respectively, and will be dynamically adjusted to accommodate infrastructure costs, ensuring the sustainability of ecosystem incentives.

A leading compliant platform has acquired a prediction market startup, aiming to integrate technology and team to accelerate its prediction market business on the platform. This innovative approach enriches the product matrix and attracts more investors, complying with current regulatory requirements, thereby driving prediction markets to become the next competitive focus.

A certain cryptocurrency asset management fund previously profited by issuing new shares and increasing debt investments in Bitcoin. However, as Bitcoin prices stagnated, the stock value plummeted, shareholder equity was diluted, and leverage negatively impacted optimization, warning of the risks of high leverage during market consolidation periods.

【Crypto World】BTC encounters a critical liquidity barrier near $93,000. From a technical perspective, the short-term probability of breaking through this range upward is increasing—once the breakthrough is successful, it may quickly clear the liquidity above. But there is a point worth noting: after the order sweep is completed, the subsequent trend could experience a more intense correction. So this is not just a simple rise or fall issue, but a chain reaction triggered by liquidity activation. Keep a close eye on the $93,000 level, as the next move will be crucial.

The Bitcoin Advanced Sentiment Index has recently experienced fluctuations, rising to 80% in mid-January and then quickly falling back to 44.9%. Falling below 50% indicates a shift in market structure and increased risk. Forced liquidations exceeded $205 million, showing that long positions were forced to cut losses. If the forced liquidation volume decreases, it suggests that deleveraging is nearing completion.

On January 19th, the trading strategy community will hold an offline salon in Jinan, covering topics such as Crypto, Hong Kong and US stocks, and options. The main discussions will include strategy and risk control analysis, AI applications in finance, macro liquidity trends, and market linkage, targeting participants with trading experience.

The latest International Monetary Fund report has revised up the global economic growth forecast to 3.3%, benefiting from improved performance in the US and China. AI investment growth is seen as a new engine supporting the economy, creating a favorable environment for the digital asset market. China's economy is expected to continue stable growth, with a focus on future policies and economic data.

Bitcoin retreated after breaking above $97,000 on January 14, leading to a general decline in Meme coins. Major Meme coins such as PEPE, BONK, and FLOKI fell by 9.84%, 10.42%, and 8.85% respectively. Emerging Meme coins WhiteWhale and RALPH plummeted by 32.3% and 22.1%. Chinese concept coins also faced setbacks, with most experiencing significant declines, and investors should be cautious of risks.

A leading exchange will open BTC/USD and LTC/USD spot trading pairs on January 20, 2026, and will launch a zero-fee promotion to attract mainstream users and high-frequency traders. Users need to verify their level to enjoy different benefits.

A well-known short-term whale executed a trade of over 100 units in the afternoon, ultimately closing with a loss of $270,000, demonstrating their risk management awareness. Despite the loss, they cut losses in time to avoid greater damage. Currently, this address has no open positions and has shifted to a wait-and-see stance, reflecting the high-risk nature of their aggressive trading strategy.

【Crypto World】 Interestingly, yesterday we tracked a trader with the ID 0xe5416 who took a hit on ETH. This guy consecutively stopped out of two long positions within a day, losing a total of $38,000. Now his wallet is empty, and he plans to wait and see. According to Hyperinsight's real-time monitoring data, this brother's recent trading pace has been a bit hurried, and both trades ended in failure. It seems he's waiting for the next signal to appear. The market is like this—some people are making a fortune, while others are eating stop-losses.

The Ethereum Foundation's developer team launched several innovative projects at the x402 hackathon, such as Superfluid's streaming payments, Cheddr's efficient micro-payment solution, and BackTrackCo's refund request tool, aimed at improving payment efficiency and protecting consumer rights.

Bitcoin fell below $92,000 on January 19th, with over $865 million in liquidations across the entire network within 24 hours, intensifying market volatility. Analysts believe that this decline was influenced by macroeconomic factors such as US-EU trade tensions and concerns over new tariff policies, which dampened investor sentiment and triggered profit-taking. Market analysts are optimistic about the $85,000 support level, which may lead to a sideways trading pattern.

A Bitcoin whale that has been dormant for many years bought 5,000 Bitcoins in 2012. Recently, it has started to sell, having cashed out over $500 million. The market is watching its subsequent moves, speculating whether it will continue to sell or hold the remaining chips long-term.

In the past 24 hours, the capital flow of BTC across major exchanges has shown divergence, with a total net outflow of 1,729.96 BTC from CEX. Among them, Kraken experienced the largest outflow, reaching 2,394.43 BTC, while Binance defied the trend with a net inflow of 793.77 BTC, indicating differing market confidence in various platforms.