1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +0.16%
ETH: +2.55%
SOL: -1.92%
TRUMP: -2.82%
XRP: -1.18%
DOGE: -2.04%
PEPE: -0.33%
TRX: -0.59%
SUI: -3.17%
ANIME: +47.50%
24 H increase list (data source: OKX):
ANIME: +47.10%
ICE: +10.97%
ELON: +10.96%
SWFTC: +10.51%
OMI: +9.16%
ETC: +7.20%
BIO: +6.40%
GEAR: +6.03%
ZBCN: +5.95%
GOAT: +5.66%
2. Top 5 popular memes on the chain (data source: GMGN ):
Oil
NDAS
YOD
OPERATOR
nuit
3. 24-hour hot search currencies
VINE: Launched by Rus Yusupov, co-founder of Twitter’s short video platform Vine, its market value quickly exceeded $200 million in less than a day. For more information, see the article “Founder quickly raised $200 million in coin issuance, Musk’s short video platform Vine makes a comeback” .
alon: Alon, the co-founder of pump.fun, has the same name as the Meme coin. Today, he announced that he has become the CTO of the project, took over its TG group and paid the corresponding fees of the Dexscreener aggregation platform.
Headlines
Trump signs executive order to assess strategic national digital asset reserves
According to Fox Business News: US President Trump signed an executive order to establish the Presidential Digital Asset Market Working Group to strengthen the US leadership in digital finance. The task force is to develop a federal regulatory framework for managing digital assets (including stablecoins) and evaluate the creation of strategic national digital asset reserves.
Trump: Will ask the Federal Reserve to cut interest rates immediately
With the drop in oil prices, I will be calling for an immediate rate cut, and similarly, the world should be cutting rates, Trump said Thursday at the World Economic Forum in Davos, Switzerland. Five days before Trumps first policy meeting in office on Jan. 28-29, the Fed is widely expected to keep interest rates unchanged. Trump has widely criticized the Fed for raising rates in the first two years of his first term, and slammed Powell, whom he promoted to Fed chairman, for leading the series of actions. I expect the Fed to listen to my opinions on interest rates, and I will consider communicating with Fed Chairman Powell on interest rates, he said.
Trump: America will become the global capital of artificial intelligence and cryptocurrency
According to market news, US President Trump mentioned cryptocurrency in his latest speech and said that the United States will strive to become the world capital of artificial intelligence and cryptocurrency.
U.S. Senator Cynthia Lummis said in a statement: Digital assets are the future. If the United States wants to continue to maintain its global leadership in financial innovation, Congress needs to urgently pass bipartisan legislation to establish a comprehensive legal framework for digital assets and strengthen the dollar through strategic Bitcoin reserves. I feel very honored that many of my colleagues will trust me as the chairman of the U.S. Senate Banking Digital Assets Subcommittee, and I look forward to promoting bipartisan legislation to be submitted to President Trumps desk this year to ensure our financial future.
Earlier news, Cynthia Lummis announced that she has served as the chairperson of the U.S. Senate Digital Assets Subcommittee.
CZ: The US Bitcoin Strategic Reserve Plan has been basically confirmed
CZ posted on the X platform that the US Bitcoin strategic reserve plan has been basically confirmed, and the cryptocurrency industry will once again develop at an encrypted speed.
Earlier news, U.S. Senator Cynthia Lummis announced on the X platform that she would serve as the chairperson of the Digital Assets Subcommittee of the U.S. Senate Committee. Cynthia Lummis proposed the BITCOIN Act of 2024 as early as July 31, 2024. The bill proposed to purchase 200,000 bitcoins each year, reaching 1 million within five years.
Industry News
Arkham: Trump family crypto project WLFIs holdings value exceeds $350 million
Arkham posted that the market value of the Trump familys crypto project WLFI has exceeded US$350 million. Yesterday, WLFI bought US$10 million worth of WBTC, and the current value of WBTC held by it exceeds US$50 million.
Grayscale: Grayscale XRP Trust is now open to qualified investors
Grayscale officially announced that Grayscale XRP Trust is now open to qualified investors, and qualified investors seeking exposure to XRP can access the product.
CZ has just been out of prison for a few months, and his wealth has reached $70 billion thanks to the continued rise of cryptocurrencies. In addition, CZ is transforming the venture capital firm Binance Labs into a large family office, and Binance Labs has announced that it will be renamed YZi Labs. Ella Zhang returns to YZi Labs as the head. Ella Zhang co-founded Binance Labs with CZ in 2018 and served as the first head. In an interview, Ella Zhang said that YZi Labs is a variation of the name of the co-founder of Binance and has become a pure family office investment tool. A spokesperson for YZi Labs said the company has no formal headquarters because its employees work remotely.
Phemex: Temporarily suspending withdrawal function, and developing a compensation plan
Phemex announced that in order to ensure safety, we are conducting emergency inspections and strengthening wallet services, so the withdrawal function is temporarily suspended. A compensation plan is currently being developed and will be announced soon. Thank you for your understanding and continued support. Business operations are going smoothly. Trading services are proceeding as usual.
Earlier news, according to Paidun’s monitoring, a large amount of suspicious funds outflow occurred from the hot wallet of Phemex, a cryptocurrency derivatives trading platform.
OKX becomes the first global exchange to obtain MiCA pre-authorization
According to official news, OKX announced that it has become the worlds first virtual asset exchange to obtain MiCA pre-authorization. OKX will provide localized encryption services to more than 400 million European users through its European Economic Area (EEA) operations center in Malta.
Fathom Holdings, a US listed company, announced plans to adopt a Bitcoin reserve strategy
Fathom Holdings, a US-listed company, announced its plan to adopt a Bitcoin reserve strategy and said it would purchase up to $500,000 worth of Bitcoin or Bitcoin ETFs in the next two weeks.
Project News
DWF Labs Partner: Synthetic USD Protocol Falcon Finance to be launched next week
DWF Labs partner Andrei Grachev said on social media that the synthetic dollar protocol Falcon Finance will be launched next week. Falcon Finance is secured by multiple assets and uses a hedging and farming system to improve returns and stability. USDf will be launched soon.
DEXX: Starting from February 8, users will receive compensation in order
DEXX announced that it has received $15 million in investment and cooperation from 7 leading exchanges, VCs, and industry star project funds. Starting from February 8, users will receive compensation in order. The current function supports trading, but it is still in the final review stage of security upgrades, penetration attack and defense testing, and security teams of major partner institutions. The official recommendation is to trade after executing compensation and restarting the platform. It is reported that the compensation plan is as follows:
•Users with losses of $50,000 or less will receive a lump sum compensation;
•Users whose losses exceed $50,000 will be contacted by a customer service representative to confirm the details.
SoSoValue airdrop query is now online
SoSoValue announced that the SOSO airdrop query is now online, and airdrop claims will be open tomorrow (January 24) at 19:00.
Circle Launches Circle Paymaster, Supports USDC for Paying Gas Fees on Base and Arbitrum
Stablecoin issuer Circle announced the launch of Circle Paymaster, which supports the use of USDC to pay gas fees on Base and Arbitrum. Users no longer need to convert tokens between blockchains, but only need to use USDC for payments, transfers, and gas fees.
Ink, the Ethereum Layer-2 scaling solution incubated by Kraken, will enable a permissionless fault proof mechanism this Thursday, which is an important technological advancement in its rapid development. Ink became the first super chain network to launch a multi-challenger mechanism after the Optimism mainnet test. In the early stage, the challenger system was run by the smart contract automation protocol Gelato and Kraken respectively. Fault proof is an important function of Optimistic Rollups, allowing users to question the validity of transactions and correct erroneous states. Inks initial challenger funds were provided by Kraken with 49 ETH (about 156,000 US dollars), and users can also participate in the challenge by staking ETH, thereby promoting decentralization of the chain.
Investment and Financing
Ranger Labs Completes $1.9 Million in Financing, with Big Brain Holdings and Others Joining
Ranger Labs announced that it has completed a $1.9 million financing at a valuation of $30 million, with participation from Asymmetric, Big Brain Holdings, RISE Capital, Anagram and RockawayX. Ranger Labs developed the Solana-based crypto derivatives trading protocol Ranger Protocol, which is currently planning to add a new product line to enable customers to use artificial intelligence-assisted trading strategies.
Soneium Ecosystem DEX SONEX Completes $1 Million in Financing, Outliers Fund and Others Participate
Soneium ecosystems AI-driven DEX SONEX has completed a $1 million financing round, with Baboon Ventures, Taisu Ventures, Nonagon Capital, Flow Traders, Gate Ventures, Outliers Fund and Lootex participating in the investment.
In order to promote SONEX to achieve more advanced features, such as peer-to-peer trading pools and derivatives trading, the funds will be used exclusively to improve the technical pillar. In addition, the company will also increase operational capabilities to meet the growing needs of users and strengthen security procedures to protect user assets and data. In addition, the funds will also be used for marketing activities.
BTCFi project Corn raises $8.3 million through Legion, seven times oversubscribed
Corn, an Ethereum L2 network focused on Bitcoin DeFi, has completed an $8.3 million community round of financing through Legion. The sale attracted 4,287 applicants for an allocation of $69 million and was oversubscribed seven times within hours.
Legion’s compliance with MiCA requirements enables Corn to meet regulatory conditions while also enabling the BTCFi Network to reaffirm the spirit of community funding and ensure a level playing field for all investors. Corn’s funding round provides the same terms to large investors (including Polychain, Tribe Capital, Amber, Laser Digital, GSR, Presto Labs, Hypersphere Ventures, Babylon Labs, Tandem by Offchain Labs) and everyday users verified through Legion.
Chip distributor startup Together AI has raised more than $3 billion in a new round of funding, with General Catalyst in discussions to lead the investment.
Character Voice
Vitalik Buterin: Political tokens could pose risk of “unlimited political bribery”
Ethereum co-founder Vitalik Buterin recently wrote an article pointing out the serious risks that political tokens may bring, especially unlimited political bribery. He emphasized that we have entered a new order in the past year, where the most powerful people in the world encourage everyone to create various types of tokens, and the scale of these tokens is no longer limited. He mentioned that this is not only about the contrast between short-term pleasure and long-term value building, but also emphasizes the difference between modern addictive mobile games and chess or World of Warcraft. Vitalik believes that large-scale political tokens have gone beyond the scope of entertainment and have become a potential tool for unlimited political bribery, which may even include bribes from foreign countries.
Some in the cryptocurrency community believe that the small amount of work the U.S. government has done on cryptocurrencies has helped. The Securities and Exchange Commission has announced a new cryptocurrency task force, which insiders see as a gateway to updated regulations and more cryptocurrency fund approvals. Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, recommends that investors focus on tokens that benefit from new ETF approvals, such as Litecoin, or those that have risen due to specific regulatory changes, such as Uniswap.
