YieldWhisperer

The Hong Kong Securities and Futures Professionals Association submitted comments on the crypto asset reporting framework, supporting the OECD's CARF introduction and mandatory registration for crypto service providers, but proposed reducing regulatory requirements for non-reporting entities, strengthening personal data protection, and other suggestions. It also warned that the current penalty policies could lead to a surge in compliance costs and called on the government to set a cap on fines.

【Blockchain Rhythms】On-chain data tracking shows that a wallet address associated with Fenbushi Capital, after holding ETH staking for about two years, recently transferred 7,798 ETH to a major exchange, worth approximately $25 million. This large transaction has attracted market attention—after all, shifting from long-term staking to exchange inflows often indicates a significant change in holding strategy. For investors monitoring institutional fund movements, such whale-level withdrawal behavior is usually worth noting, as it may reflect a new judgment by institutions on the market rhythm.

【Blockchain Rhythm】 Interestingly, a major data tracking platform detected a large holder operation. Two days ago, when GAS's market cap dropped below $1000, a whale impulsively投入了$211,000, planning to buy low. What happened next? The price didn't rebound as expected; instead, it continued to decline. As of January 19, GAS's market cap has fallen to $1.57 million, and this investor's bottom-fishing funds have already unrealized losses of nearly $170,000. This is the market—sometimes when the timing is right on the numbers, the trend moves in the opposite direction. If even major holders are affected this way, it’s easy to imagine how difficult it is for ordinary investors in this wave of行情.

In the past 24 hours, the cryptocurrency market experienced intense volatility, with total liquidation amounts reaching $875 million, mostly from long positions. The liquidation of long positions in Bitcoin and Ethereum was particularly severe, with 249,388 users involved in forced liquidations, and the largest single liquidation reaching $25.83 million.

Recently, the Meme coin "1" on the BSC chain has gained attention. The holding address purchased $2,200 worth when the market cap was $48,200, and then sold part when the market cap rose to $68,000, currently with an unrealized profit of $130,000. Despite the high popularity, Meme coins are highly volatile, and risks should be approached with caution.

【BitPush】On January 19th at 14:44, on-chain data tracking organization Coinglass recorded a large fund movement—153 million USDT transferred from an unknown wallet to a major exchange. This transfer may indicate that market whales are adjusting their holdings strategy. Whether preparing to enter the market or cash out, such million-level USDT inflows usually attract the attention of traders.

On January 19th, a major HYPE holder reduced their long position by 50,000 HYPE tokens, realizing approximately $1,209,500 in cash, indicating a loss of 68.87%, with a liquidation price of $18.219. This action reflects market pressure and sentiment changes for HYPE.

【Blockchain Rhythm】Just discovered an interesting on-chain transaction data— a new wallet account created only 10 hours ago, directly投入 $53,700 to bet on a geopolitical event. Currently, this account has only this one bet, with no other transaction records. This kind of large single transaction, straight to the point, is quite rare in prediction markets. It seems this player is very confident in their judgment.

Recently, the trade tensions between Europe and the United States have intensified, leading to a collective weakening of Bitcoin, Ethereum, and Ripple. BTC fell below $93,000, facing an important moving average test; ETH is constrained by upper and lower moving average pressures; XRP trades at $1.95, with higher risks. Market sentiment should remain cautious.

A major whale investor lost over $282 million worth of Bitcoin and Litecoin due to social engineering scams. Hackers used cross-chain bridging and mixing techniques to launder money, highlighting new security threats. Users are warned to double their security measures to prevent private key leaks.

A well-known crypto investor has faced difficulties with multiple leveraged positions due to market downturns, with unrealized losses expanding to $1 million. The account employs aggressive leverage strategies across several cryptocurrencies, including ETH and HYPE, indicating a high-risk market bet.

On Monday, the cryptocurrency market experienced a sharp decline, with Bitcoin falling by 3.79%, while traditional assets like gold and silver hit record highs, indicating market divergence. The US government's comments on Greenland sparked the EU to consider imposing tariffs on US goods, prompting investors to seek safe havens and putting pressure on risk assets.

Zero Network announced its re-launch on January 18, ending over three weeks of block production interruption. The collaboration with Caldera and ZKsync resolved the crisis, ensured the safety of user funds, and validated its technological resilience.

XRP has recently been consolidating around $2.05, holding the crucial support at $2.00. US spot ETFs continue to buy, but Ripple's monthly sell-offs exert pressure. Large investors added over 50 million XRP last week, and the contrasting market sentiment could become a trigger for a price move. In the short term, a breakout depends on whether it surpasses $2.20 or falls below $2.00.

Recently, Bitcoin's premium index on Coinbase has been negative for three consecutive days, and in the past 30 days, it has been negative for 28 days, reflecting weak buying sentiment in the US market and a decline in investors' risk appetite, possibly due to rising risk aversion.

The article discusses the importance of protocol simplicity, pointing out that even with perfect decentralized design, complex code and technical dependencies can lead to issues. Ethereum faces the challenge that increasing functionality results in more complex code, and it is recommended to reduce unnecessary code through simplification and cleanup to ensure long-term maintainability and effective evolution of the protocol.

Professor David Tse from Stanford has launched the BABE zero-knowledge proof verification protocol designed for the Bitcoin ecosystem, reducing costs by over 1000 times. Its innovations include simplified witness encryption and a new Argo MAC obfuscation primitive, significantly improving computational efficiency. BABE is scheduled to go live in 2026, aiming to enhance the scalability of the Bitcoin system and reduce costs.

【Blockchain Rhythm】Hyperliquid recently launched a perpetual contract product for the USDC trading pair of the privacy coin DASH. According to platform information, this contract supports up to 5x leverage trading, providing users with a new derivative trading option. This move demonstrates the ongoing interest of mainstream DEX derivatives tracks in privacy assets.

Trump recently announced that he will file lawsuits against top U.S. banks, accusing them of unfair treatment due to service suspensions. This shift stems from the Trump family's encounter with banking service restrictions following the Capitol incident, leading them to enter the crypto asset space in pursuit of financial autonomy, while Trump denies reports of connections with bank executives. This reflects the complex game between traditional finance and the crypto industry.

The cryptocurrency industry has recently made significant progress. A compliant platform CEO refuted rumors that the Trump administration has abandoned the Market Structure Act, emphasizing that the White House holds a positive attitude towards it. Both parties are negotiating to support the community banking system, with specific details to be announced by official sources later.