Bitcoin drops 3% to $92,000 as 90% of liquidated positions unwind longs amid emergency EU summits and transatlantic trade war fears.

The Hong Kong Securities and Futures Practitioners Association (HKSFPA), a Hong Kong securities industry association, submitted its comments to regulators regarding the proposed regulatory framework for digital asset management in Hong Kong, opposing several tightening measures. The HKSFPA primarily opposes the removal of the current "de minimis" arrangement. Under current rules, institutions holding a Type 9 license (asset management) can allocate no more than 10% of their total fund assets to crypto assets after reporting to regulators, without needing to apply for a separate virtual asset management license. The proposed scheme aims to remove this limit, requiring a full virtual asset management license even for a mere 1% allocation to Bitcoin. The HKSFPA argues that this "all or nothing" regulatory approach is disproportionate and could lead to significant compliance costs with limited risk exposure, thereby discouraging traditional asset management institutions from entering the crypto asset space. Furthermore, the HKSFPA also objects to the proposed custody requirements. The proposal mandates that virtual asset managers can only use SFC-licensed custodians for asset custody. The association stated that this requirement is impractical in early-stage token investment and Web3 venture capital, potentially limiting the scope of related business for Hong Kong-based institutions. Meanwhile, the HKSFPA expressed support for allowing self-custody and the use of qualified overseas custodians when serving professional investors. The report states that the aforementioned regulatory recommendations are already in the implementation phase. Hong Kong authorities had previously released a consultation summary on the relevant proposals and launched a new round of consultations on the licensing regime for crypto asset trading, advisory, and management services. (The Block)

Bermuda plans to become the first fully on-chain national economy, using stablecoins like USDC for payments and partnering with Coinbase and Circle to build the infrastructure. Government offices, banks, and businesses will adopt digital wallets and tokenised systems to lower costs and improve financial access for residents.

Binance Alpha will be the first platform to feature HeyElsa (ELSA), with Alpha trading scheduled to open on January 20, 2026, at 08:00 (UTC).Following the trading launch, eligible users will be able to participate in an ELSA token airdrop through the Binance Alpha Events page.ELSA Airdrop RulesEligibility: At least 235 Binance Alpha PointsAirdrop amount: 200 ELSA tokensDistribution method: First-come, first-servedDynamic threshold: If the reward pool is not fully claimed, the required Alpha Points will decrease by 5 points every 5 minutesCost to claim: 15 Binance Alpha PointsConfirmation window: Users must confirm their claim within 24 hours, or the reward will be forfeitedBinance advised users to follow its official channels for further updates regarding Alpha listings and event details. 

Former U.S. President Donald Trump has threatened to impose a 200% tariff on French wine, following reports that French President Emmanuel Macron rejected a proposed “Board of Peace” seat, intensifying diplomatic friction between Washington and Paris.

Cryptoquant found that large custody wallets accumulated $53 billion in Bitcoin over 12 months, suggesting that institutional demand for Bitcoin hasn’t gone away. source: https://cointelegraph.com/news/bitcoin-institutional-demand-remains-strong-cryptoquant-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cardano founder Charles Hoskinson harshly criticized the Ripple CEO during a live broadcast. Continue Reading: Cardano Founder Charles Hoskinson Heavily Criticised Ripple CEO Brad Garlinghouse source: https://en.bitcoinsistemi.com/cardano-founder-charles-hoskinson-heavily-criticised-ripple-ceo-brad-garlinghouse/

카르다노 창립자 찰스 호스킨슨은 생방송 도중 리플 CEO를 강하게 비판했습니다. 계속 읽어보세요: 카르다노 창립자 찰스 호스킨슨이 리플 CEO 브래드 갈링하우스를 강하게 비판했습니다! source: https://kr.bitcoinsistemi.com/cardano-founder-charles-hoskinson-harshly-criticized-ripple-ceo-brad-garlinghouse/

Binance Alpha announced that it will be the first platform to list HeyElsa (ELSA), with Alpha trading commencing on January 20, 2026 at 16:00 (UTC+8). The announcement states that after trading begins, users holding at least 235 Binance Alpha Points can claim an airdrop of 200 ELSA tokens on a first-come, first-served basis. If the event continues, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha Points, and users must confirm within 24 hours on the Alpha event page; failure to do so will be considered a forfeiture of the claim.

Economist and gold advocate Peter Schiff has expressed concerns about Bitcoin's future. According to Foresight News, Schiff tweeted that the current trend in silver prices is likely to reverse and impact Bitcoin negatively. He warned that the rise in silver could signal a catastrophic collapse for Bitcoin, cautioning followers to heed his warning.

South Korea's Democratic Party is drafting a new bill focused on stablecoins, integrating essential aspects from five previous proposals. According to NS3.AI, the legislation seeks to define the entities authorized to issue stablecoins and regulate the ownership stakes of major shareholders in digital asset exchanges. The party plans to discuss this bill in conjunction with proposals from the opposition and government during an upcoming National Assembly committee meeting.

The cryptocurrency market showed signs of stabilization and recovery over the past 24 hours, with most sectors posting modest gains, according to data from SoSoValue.The real-world asset (RWA) sector outperformed the broader market, rising 2.38%, making it the strongest-performing category during the period.Within the RWA sector, Sky (SKY) gained 1.90%, Ondo Finance (ONDO) rose 2.74%, while Pendle (PENDLE) climbed 5.52%, leading sector momentum.Meanwhile, major cryptocurrencies traded within narrow ranges. Bitcoin (BTC) hovered near $92,000, while Ethereum (ETH) remained around $3,200, reflecting cautious market sentiment.Sector performance overviewSeveral other sectors recorded moderate gains:AI sector: +2.06%Kite (KITE): +7.79%Meme sector: +1.80%MemeCore (M): +3.61%PayFi sector: +1.30%Safe (SAFE): +4.27%Layer 1 sector: +0.97%Cosmos Hub (ATOM): +4.10%CeFi sector: +0.83%Binance Coin (BNB): +1.69%DeFi sector: +0.75%River (RIVER): +15.72%Layer 2 sector: +0.47%SOON (SOON): +10.83%NFT and SocialFi underperformIn contrast, two sectors closed in negative territory:NFT sector: −0.22%SocialFi sector: −1.61%The underperformance suggests continued weakness in speculative and engagement-based segments compared with yield- and utility-driven narratives.Sector indices show broad recoverySector indices tracking historical performance also reflected mild recovery:ssiMeme: +1.36%ssiRWA: +1.36%ssiAI: +1.05%Overall, the data indicates a cautiously improving market environment, with capital continuing to rotate toward RWA, AI, and infrastructure-related sectors, while NFT and SocialFi activity remains subdued.

贝莱德2026年展望给出一个明确判断：世界已进入“非常态”时代。持续十余年的“低通胀、低利率、央行兜底、分散即安全”的投资范式已系统性终结。

On the eve of the explosion of agent applications, an ecosystem serving AI is taking shape, and "selling shovels" to agents contains enormous innovative potential.

The debate over stablecoin yields is a modern version of the money market fund debate.

In 2026, the field of artificial intelligence will undergo a structural leap from "generative capabilities" to "Agent action capabilities," marking the formal establishment of the "AI Agent Economy."

Cardano fell below key support levels as selling pressure stayed strong, with weak demand and cautious traders limiting any rebound. Rising US–EU trade tensions also pushed investors away from risky assets, adding to the price drop.

South Korean authorities has uncovered one of the largest underground money pipelines in years, exposing how crypto are often misused by bad actors to launder illicit funds while staying under the radar.

Alibaba's integration of Qianwen into the Taobao ecosystem is not just a product upgrade, but a redefinition of the ancient human behaviors of "shopping" and "consumption," and a reconstruction of the era of APP applications.

Based on the latest data from the Federal Reserve, the Federal Reserve Bank of New York, and the Black-Scholes Bank, this article, combined with historical trends and relevant analysis, explores the reasons for the decline in consumer credit use, its connection with the job market, and its potential impact on the economy.