LiquiditySurfer

The article discusses the role of XRP, emphasizing that it should not be viewed as a speculative asset but rather as an important financial infrastructure for global asset settlement. Institutional investors are focused on XRP's practical application potential in bulk asset transactions and expect it to become the standard for cross-border settlements.

【Crypto World】The political developments in the United States are once again attracting attention. According to the latest news, Federal Reserve Chairman Powell will attend a relevant hearing at the Supreme Court to discuss the case of Federal Reserve Board member Cook. Such policy-level changes have a profound impact on the macro environment of the crypto market. Every statement from Powell can influence the dollar's trend and risk asset sentiment, thereby affecting the entire crypto ecosystem. Keeping an eye on the Federal Reserve's movements is essentially tracking the broader context that influences the crypto space.

In the past week, the total market capitalization of stablecoins increased by $3.82 billion, with Solana and Base attracting funds. DEX spot trading activity has risen, but perpetual contract trading volume has slightly declined. Institutions have increased their holdings of Bitcoin and Ethereum, with high activity from large investors, and market liquidity remains ample.

American fast-food chain Steak'n Shake announces a $10 million investment in Bitcoin, positioning it as a long-term store of value rather than just a payment method. This strategic move reflects Bitcoin's gradual shift from marginalization to mainstream acceptance, with more and more companies recognizing its value as a reserve asset.

YZi Labs announces the upgrade of its EASY Residency Startup Acceleration Program to a year-round rolling admission, with startup centers established in New York and San Francisco. Each project can receive up to $500,000 in support, focusing on Web3, AI, and biotech sectors. The plan includes hosting a global Demo Day, with the first event scheduled for April in Dubai.

In mid-January, open interest in Bitcoin options contracts first reached approximately $74.1 billion, surpassing the $65.22 billion in futures. This change reflects a shift in market strategies from directional trading to more complex hedging and arbitrage strategies, indicating an increase in institutional traders and a gradual decline in retail pure gambling approaches. At the same time, fluctuations in options contract volume are related to expiration and settlement cycles, further confirming that the proactive nature of the options market is strengthening.

【Crypto World】Solana's recent popularity has skyrocketed, with on-chain active addresses surging by 56% to 27.1 million, and weekly transaction volume surpassing 515 million. The price has also rebounded, stabilizing above the key support level of $135.5. From a technical perspective, the MACD indicator has shown a bullish crossover signal, prompting many traders to prepare for increased positions, and derivatives data also reflects a generally optimistic outlook. Interestingly, a large number of stop-loss orders for shorts are densely distributed above the current price—if SOL can hold the newly gained support, these triggered liquidations could trigger a chain reaction, further driving up the price.

Bitcoin experienced a significant pullback yesterday, dropping below $92,000 at one point, leading to frequent futures liquidations. However, the open interest in contracts increased again to 663,900 BTC, indicating that market participants remain optimistic about the future and hinting at expectations of a rebound.

Cryptocurrency security analysis agency uncovers a major theft case where users lost over $282 million worth of BTC and LTC due to social engineering attacks on hardware wallets. The attacker used THORChain to disperse and transfer assets and laundered money through mixing services, reminding people that hardware wallets are not completely secure.

Recently, a large holder address reduced its holdings by 299.5 BTC and 7361.7 ETH in a short period, clearing approximately $48.6 million worth of assets. After facing a $15.3 million loss, they used 20x leverage to buy the dip in BTC and ETH, with a position size reaching $53 million, reflecting market uncertainty and traders' rapid strategy adjustments.

Paradex trading platform experienced forced liquidations due to maintenance delays and soaring funding rates. The platform is a Starknet-based decentralized perpetual contract trading project that emphasizes liquidity and transparency. This incident serves as a reminder for users to pay attention to operational risks.

Recently, a whale address experienced a significant trading loss, liquidating its ASTER and ETH positions and closing its AVNT long positions, with a total loss of $4.21 million. Despite this, it increased its investment in ETH,投入1118万美元并使用25倍杠杆，目前浮亏达13.8万美元。后续结果需关注ETH走势。

【Crypto World】U.S. President Trump recently announced a new 10% tariff on multiple European countries. Following this news, Bitcoin immediately dropped by $4000. The market's reaction was quite straightforward—investors began to worry about possible retaliation measures from the EU and the broader trade conflicts that could be triggered. This macroeconomic uncertainty often impacts risk assets, and cryptocurrencies, as high-risk assets, are naturally among the first to be affected. An escalation in trade friction usually signals a slowdown in global economic growth, leading many investors to adopt a wait-and-see attitude.

Sui Network mainnet upgraded to V1.63.3, protocol layer upgraded to version 107, optimized transaction confirmation paths, fixed the issue of transaction consensus inconsistency among validator nodes, and also restricted the use of RPC interfaces to enhance network security.

Last week, the global crypto asset allocation entered a new phase, with companies shifting from Bitcoin reserves to diversified strategies, including mergers and acquisitions, and structured financing. Strive acquired Semler, significantly increasing its BTC holdings; Ethereum concentration increased, with Bitmine holding over 4.168 million coins; Solana was used for structured financing, and financing tools became increasingly diverse. This reflects the transformation of the crypto market landscape and corporate strategic adjustments.

Decentralized confidential computing project Acurast announces the ACU tokenomics design, with a total supply of 1 billion tokens and a balanced distribution plan: 48% for community activation and treasury, 24% for the team and advisors, 10% for liquidity, and 6.5% for early supporters. The design emphasizes community participation and team incentives to ensure the project's long-term operation and market liquidity.

On Monday, the Hyperliquid derivatives platform experienced a strong liquidation wave, with $235 million in positions being liquidated, primarily in Bitcoin. Although the open interest reached $9.91 billion, the number of active traders decreased to 155,000, indicating increased influence of large traders and institutions, while retail traders' voice weakened, leading to greater market volatility and risk.

【Blockchain Rhythm】Bitcoin market shows new changes. On January 19, BTC broke below the $95,000 level, with the latest quote hovering around $94,500, and the 24-hour price change showing a decrease of 0.66%. This wave of adjustment reflects short-term market correction pressure, and many traders are watching to see if the next support levels can hold.

【BitPush】Arkham on-chain monitoring shows that around 23:00 last night, approximately 3,585,800 ETHFI tokens suddenly transferred from Anchorage Digital Custody (a well-known digital asset custody institution) to an anonymous address starting with 0xF619, with the transfer amount equivalent to about $2.63 million. This large transfer has attracted market attention—whether it is institutional rebalancing, withdrawal, or other purposes is still unknown. However, such large fund movements often influence market expectations and are worth continuous tracking by on-chain analysts.

Senior investor Dan Tapiero predicts that by 2026, Bitcoin could rise to $180,000, believing that mainstream crypto assets are worth investing in. He is optimistic about the integration of tokenization, blockchain, and AI but remains cautious about crypto treasury companies, considering the widespread adoption of infrastructure and stablecoins as the core opportunities for the future.