Bitcoin's price fluctuations could lead to substantial liquidation events on major cryptocurrency exchanges. According to BlockBeats, data from Coinglass indicates that if Bitcoin's value rises above $90,000, the cumulative liquidation intensity of short positions on mainstream exchanges will reach $435 million. Conversely, if Bitcoin falls below $88,000, the cumulative liquidation intensity of long positions will amount to $497 million. BlockBeats notes that the liquidation chart does not precisely display the number of contracts pending liquidation or the exact value of liquidated contracts. Instead, the chart's bars represent the relative importance of each liquidation cluster compared to nearby clusters, indicating intensity. Thus, the chart illustrates the extent to which the target price reaching a certain level will be affected. A higher "liquidation bar" suggests that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

Bitcoin's price is expected to reach $1.5 million, according to former PayPal President David Marcus. According to PANews, Marcus expressed confidence in this prediction, stating, "This is bound to happen."

Ripple has obtained conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, representing a significant milestone for blockchain companies entering the banking industry. According to NS3.AI, this preliminary approval could elevate Ripple's status as a mainstream financial institution and potentially enhance the market value of XRP. However, Ripple must still navigate regulatory challenges, including meeting capital, risk, and governance requirements, before the license can be finalized.

Julius Baer 研究分析师 Carsten Menke 表示，贵金属价格的上涨远不止是美元实际贬值这么简单。他指出，这更多反映了市场对特朗普在国内外政治博弈的担忧，本质上围绕的是美元潜在的贬值风险，而非当前已出现的疲软。虽然“贬值交易”在贵金属市场似乎再次盛行，但这种情绪在其他更庞大的市场（尤其是债券市场）中几乎未见迹象。推动金银剧烈波动所需的资金量其实相对有限，因此价格容易被情绪和短期资金流放大。该机构维持对黄金的看多立场，但对白银持中性观点。(金十)

Analyst Chris Turner from ING has highlighted the possibility of an intensified dollar sell-off. According to ChainCatcher, Turner noted that if the dollar index falls below last year's low of 96.2, the currency could experience a further 3% decline. He emphasized the importance of monitoring the dollar's performance ahead of the Federal Reserve meeting, as a pause in interest rate cuts by the Fed could offer some support to the dollar. Additionally, the financial reports from Meta, Microsoft, and Tesla are under scrutiny, with any underperformance potentially serving as another negative factor for the dollar.

Coinbase正朝着将稳定币打造为核心业务工具的目标迈出新一步，悄然启动了Flipcash即将推出的USDF代币的后端测试，此举是其全新"Coinbase定制稳定币"计划的重要组成部分。

荷兰国际集团分析师克里斯·特纳指出，美元抛售潮可能加剧。若美元指数有效跌破去年 96.2 附近的低点，美元可能再下跌 3%。关注美联储会议前美元的表现至关重要，若美联储转向暂停降息或为美元提供一定支撑。但他强调，若任何反弹乏力且美元当日收跌，将释放强烈看跌信号。同时，Meta、微软和特斯拉的财报亦受关注，任何业绩不及预期都可能成为美元的另一个利空因素，毕竟美国消费很大程度上依赖于股市表现。(金十)

顶级资本不再预测未来，而是通过精密布局成为未来本身的结构性底座。

我们陷入了一种集体幻觉：不仅要修路，还要修更多的路，更快的路，哪怕路上根本没车。

The global cryptocurrency market cap now stands at $3.01T, up by 0.38% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $87,304 and $89,523 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $89,004, up by 1.16%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SOMI, FRAX, and JTO, up by 48%, 25%, and 24%, respectively.Crypto Market Watch – Today:South Korea Proposes Licensing Framework for Crypto ExchangesHong Kong to Propose Legislative Measures for Digital Asset Industry DevelopmentGoldman Sachs Report Highlights Investor Optimism Amid Geopolitical RisksSouth Korea to Mandate Cryptocurrency Disclosure for Homebuyers in Regulated AreasRussia Implements Network-Level Restrictions on Crypto Media SitesSouth Dakota Considers Bitcoin Investment for Public FundsSurvey: U.S. Merchants Increasingly Embrace Cryptocurrency PaymentsCME Group Reports Significant Growth in Cryptocurrency Futures and OptionsBank of Korea Considers Registration System for Virtual Asset IssuanceKGST Stablecoin Expands Digital Finance in KyrgyzstanArizona Senate Committee Advances Cryptocurrency Tax Exemption ProposalMarket movers:ETH: $2994.69 (+2.87%)BNB: $904.77 (+2.47%)XRP: $1.9107 (+1.36%)SOL: $126.41 (+2.23%)TRX: $0.2921 (-0.88%)DOGE: $0.12587 (+3.13%)WLFI: $0.164 (+4.46%)ADA: $0.3576 (+2.32%)WBTC: $88787.97 (+1.12%)BCH: $593.4 (+0.68%)

On January 28, a whale closed a $5.88 million long position in Bitcoin at 16:55, incurring a loss of $28,000. According to BlockBeats, the whale immediately reopened a long position with 40x leverage, acquiring 60.71 BTC at an average price of $88,956.1, currently experiencing a slight unrealized loss. The address is known for its aggressive trading style, frequently switching between long and short positions, and favoring a strategy that capitalizes on market fluctuations.

South Korea's Democratic Party is set to propose legislation mandating stablecoin issuers to hold a minimum capital of 5 billion won, equivalent to $3.6 million. According to NS3.AI, this initiative is part of the broader Digital Asset Basic Act, which is anticipated to be introduced before the Lunar New Year holiday. Discussions within the party continue regarding other regulatory aspects, such as the Bank of Korea's authority and restrictions on major shareholders.

据 Onchain Lens 监测，Bitmine (@BitMNR) 近期进一步质押 62,304 枚 ETH，价值 1.86 亿美元。目前，Bitmine 已累计质押 2,328,288 枚 ETH，总价值达 69.6 亿美元。

TikTok在洛杉矶法庭开庭前数小时，与一名指控该应用导致成瘾和心理健康问题的19岁少女达成和解。Snap公司此前也已达成和解，而针对Meta和YouTube的诉讼将继续进行。

加密货币早已无需证明自己的存在价值，如今，我们要做的，是守护那些最初让它值得被接纳的核心特质。

Tether 在 2025 年实现约 150 亿美元的利润，Tether是怎么赚到这么多钱的？

美元挂钩的稳定币正成为传统银行存款的主要威胁。渣打银行最新分析显示，若当前采用趋势持续，到2028年底可能有高达5000亿美元从美国银行体系中转移出去。

比特币及主要加密货币价格暴跌，投资者纷纷将资金转向黄金白银——这两类资产在市场动荡期间屡创新高。狗狗币联合创始人比利·马库斯用一张梗图调侃了这一市场行为，凸显出众多交易者错失了转换时机的尴尬局面。

比特币正作为宏观资产自成体系，与加密市场脱钩。真正能捕获费用的协议持续跑赢市场，仅靠叙事已难以为继。稳定币基础设施正成为连接加密世界与其他一切领域的桥梁。

韩国区块链龙头企业Wemade将Chainlink Labs纳入其韩元稳定币全球联盟（GAKS），在韩国监管政策尚未明朗之际，为韩元挂钩稳定币的技术基础提供强力支撑。