Bitcoin is evolving into a self-contained macro asset, decoupling from the crypto market. Protocols that can truly capture fees are consistently outperforming the market; narratives alone are no longer sufficient. Stablecoin infrastructure is becoming the bridge connecting the crypto world to everything else.

A transfer of 54.2 BTC was recorded at 14:46, moving from Cumberland DRW to an anonymous address, according to ChainCatcher. The transaction highlights ongoing activity in the cryptocurrency market.

The proposed GENIUS Act could significantly affect stablecoin issuers by prohibiting them from offering interest or yields to holders. According to NS3.AI, this legislative move is expected to redirect capital towards yield-generating tokenized money market funds. Over the past six weeks, USDC has experienced net redemptions totaling approximately $6.5 billion, resulting in a reduction in stablecoin liquidity and diminishing short-term buying power in the crypto market. Simultaneously, investors are reallocating funds from stablecoins to traditional safe-haven assets such as gold and silver. In response to these market shifts, Circle is increasingly concentrating on transaction activity and the adoption of real-world payments through strategic partnerships.

South Korean blockchain leader Wemade has brought Chainlink Labs into its Global Alliance for KRW Stablecoins (GAKS), bolstering the technical backbone for Korean won–pegged stablecoins at a time when regulatory clarity in the country remains unresolved.

A trader has opened a leveraged position on SOL, purchasing 10,000 units at an average price of $127.07, according to ChainCatcher. The transaction was executed at 14:21 with a leverage of 20 times. Currently, the position is experiencing a slight unrealized loss, while the account shows a total unrealized profit of $2.91 million. The trader employs a high-leverage strategy, focusing primarily on mainstream cryptocurrencies and popular altcoins, indicating an aggressive trading approach.

Matrixport released a chart today stating that the GENIUS Act is expected to prohibit stablecoin providers from paying interest or returns to holders. Funds may therefore shift to yield-generating alternatives such as tokenized money market funds. USDC has seen net redemptions of approximately $6.5 billion over the past six weeks, leading to a contraction in stablecoin liquidity and weakening short-term purchasing power in the crypto market. Simultaneously, funds are flowing out of stablecoins and into traditional safe-haven assets such as gold and silver, further shrinking the stablecoin supply. Accordingly, Circle is shifting its focus from "market capitalization" to "trading activity" and is promoting the real-world use and payment of stablecoins through initiatives like the Circle Payment Network and partnerships with companies like Intuit.

According to the official announcement, BitMart will list USAT on January 28th at 13:00 (UTC+8), and the USAT/USDT trading pair will be available. USAT is a federally regulated stablecoin issued by Tether in partnership with Anchorage Digital Bank N.A. and is applicable to GENIUS ACT.

Binance Alpha will list Moonbirds (BIRB) on January 28th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens on Alpha. Further details will be announced later.

According to the official announcement, the Gate Index Zone will launch live trading (USDT settlement) of BVIX (BTC Volatility Index) and EVIX (ETH Volatility Index) perpetual contracts on January 28th at 15:00 (UTC+8), supporting leverage from 1x to 50x. Gate Index perpetual contracts use mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, it provides users with trading options that are closer to the global macro market. As an important indicator for measuring market uncertainty, the rise and fall of VIX reflects changes in investors' expectations of risk and is often used for hedging and risk aversion. Its launch further provides investors with more professional trading tools, expanding the scope for cross-market trading and strategy deployment.

In today's world, the most important thing you can do is practice thinking.

One year after the implementation of the EU's MiCA regulations, Gemini's Europe CEO has underscored its importance as a groundbreaking framework for cryptocurrency regulation. According to NS3.AI, he pointed out several areas needing improvement, including ambiguous oversight and cumbersome rules. He advocates for a refined version, 'MiCA 2.0,' which would enhance the supervision structure, clarify jurisdictional boundaries, particularly concerning new crypto products, and establish stablecoin standards to prevent market instability. The article emphasizes the necessity for clear and balanced regulations, asserting that updates are crucial for Europe to sustain its leadership in the global cryptocurrency sector.

BNB has experienced a notable increase, surpassing the 900 USDT mark. According to Odaily, the current price of BNB is reported at 902 USDT, reflecting a 24-hour growth of 1.91%.

OKX will officially launch XAGUSDT perpetual contracts on its website, app, and API at 20:00 Beijing time on January 28, 2026, supporting leverage up to 20x.

Arizona lawmakers advanced two bills to exempt cryptocurrencies from property taxes, with one proposing a constitutional amendment for voter approval in November. The measures aim to clarify crypto taxation despite previous vetoes from Governor Katie Hobbs.

The wheels of history are relentlessly grinding against the crypto world—that once-hidden "tax haven" is about to face its reckoning.

Standard Chartered says U.S. banks could lose more than $500 billion in deposits to dollar-backed stablecoins by the end of 2028, with regional banks most at risk. The shift is driven by faster, easier stablecoin payments and growing demand for yield, which is pulling money away from traditional bank accounts.

A former U.S. Securities and Exchange Commission lawyer has publicly backed Ripple’s argument that speculation alone should not automatically subject cryptocurrencies to federal securities laws, weighing in on a growing regulatory battle as lawmakers debate the CLARITY Act and the future of U.S. crypto oversight.

加密世界或许时常令人糟心，但它依然值得热爱，依然值得为之建设。

The key to RWA in 2026 lies in its ability to be distributed and used at scale. As cash yields normalize, investment demand may expand from money markets and credit tokens to commodities, stocks, real estate, and differentiated strategies.

When the floodgates of currency are pushed and pulled by politics, fiscal policy, and market expectations, the force it releases can inflate asset bubbles, ignite social unrest, and even determine the long-term trajectory of great power competition.