GateNewsBot

BlockBeats News, January 8 — Crypto analyst Lennaert Snyder stated that the BTC price has fallen to around $91,000, and it also broke below the support level of approximately $92,155 on the 4-hour chart, confirming the downward momentum. The analyst mentioned that he is looking for shorting opportunities, with a final target price of around $87,600, the monthly opening price (setting two take-profit points during the process of reaching the low).
Additionally, BTC price has support around $90,500. If there is a strong rebound and reversal at this level, short positions will be closed. If BTC successfully breaks through approximately $96,500, it will turn bullish.

BlockBeats News, January 8th, Trump family crypto project WLFI co-founder Chase Herro stated, "I agree with Yili Hua's analysis of WLFI. We believe stablecoins have proven they will become the medium of exchange in the digital age. Based on this logic, we decisively decided to exchange WBTC for ETH! Yili Hua has indeed demonstrated unparalleled research and execution capabilities!"
Liquid Capital (formerly LD Capital) founder Yili Hua earlier today said, "2026 will be the first year of on-chain finance, with stablecoins and Ethereum being the most important infrastructure. WLFI today exchanging BTC for ETH is believed to be based on the same thinking. WLFI has three future paths: first..."

ChainCatcher message, Glassnode co-founder Negentropic posted on X stating that the key level for Bitcoin to break through is $94,700. If the daily closing price reaches this level, the probability of retesting the all-time high will significantly increase.
It is expected that the market will experience volatility this Friday, as the probability of tariffs being deemed unconstitutional exceeds 70%. The key lies in the details of the unconstitutionality.

Odaily Planet Daily reports that Glassnode co-founder Negentropic stated on the X platform that the key level Bitcoin needs to break through is $94,700. If the daily closing price reaches this level, the probability of retesting the all-time high will significantly increase. It is expected that the market will experience volatility this Friday because the probability of tariffs being deemed unconstitutional exceeds 70%, with the key being the details of the unconstitutionality.

In the past 24 hours, the entire network has liquidated $432 million, with $348 million from long positions and $83.98 million from short positions. Bitcoin long liquidations amounted to $122 million, and Ethereum long liquidations totaled $9.2164 million. A total of 112,166 people worldwide have been liquidated.

ChainCatcher message, according to Jinshi report, U.S. Treasury Department advisor Lavorgna stated that the Federal Reserve should continue to cut interest rates.

ChainCatcher News, according to GMGN data, the Solana-based Meme Coin FISH reached a new all-time high today with a market cap of over $12 million. Currently, the market cap is $8.5 million, with a 24-hour trading volume of $7.8 million and a 24-hour increase of 35.7%. The coin's inspiration comes from the character in the international bestseller "The Rainbow Fish."
Its recent popularity originated from the well-known parody account Rainbow Fish on the X platform — this account, after four years of silence, suddenly returned and engaged in meme interactions on the afternoon of January 1. Subsequently, a token with the same name appeared on Pump. fun, which drove speculation on FISH and related Meme Coins on Solana. The market cap once surged from about $70,000 to $700,000 within a day, with growth

The Meme coin FISH on the Solana chain has surpassed a market capitalization of $12 million, reaching a new all-time high with a 24-hour increase of 35.7%. Its popularity is driven by the return of the well-known account "Rainbow Fish" on the X platform. Investors should be aware of the market volatility and risks associated with Meme coins.

Renowned bankrupt whale James Wynn experienced 12 liquidations in the past 24 hours, incurring a loss of $541,000. The ETH long position is floating at a loss of $94,000. The current ETH and PEPE long positions' values and opening statuses have been listed.

Odaily Planet Daily reports that Hong Kong-licensed virtual asset trading platform EX.IO announced that it has received official approval from the Hong Kong Securities and Futures Commission to operate virtual asset over-the-counter (OTC) trading services under the existing virtual asset trading platform license framework. The OTC trading service has now been officially launched and is open to eligible investors. The initial supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), USDT, USDC, USDTTRC20, and other cryptocurrencies, as well as fiat currencies such as USD and HKD. (Hong Kong Wen Wei Po)

Polymarket has reached a partnership agreement with Dow Jones to provide predictive data to its media outlets for display in publications such as The Wall Street Journal. This is Polymarket's first media collaboration, while its competitor Kalshi has already signed similar agreements with CNBC and CNN.

Odaily Planet Daily News: The derivatives market Chicago Mercantile Exchange Group (CME Group) released trading market data, revealing that in 2025, the platform's average daily contract volume was 28.1 million, with an annual growth rate of 6%. Cryptocurrency contracts accounted for an average daily trading volume of 278,000 (nominal value of $12 billion), with an annual growth of 139%. Additionally, the average daily trading volume for micro Ethereum futures contracts reached 144,000, Ethereum futures contracts reached 19,000, and micro Bitcoin futures contracts reached 75,000. (PRNewswire)

ChainCatcher Message, according to official sources, Falcon Finance announced the launch of a new off-chain Bitcoin yield vault, designed for Bitcoin holders who want to earn yields without changing their long-term holdings. The expected annualized return is between 3% and 5%, paid in Falcon's USD settlement asset USDf.

Foresight News reports that, according to Bloomberg, prediction market platform Polymarket has signed an exclusive partnership with Dow Jones Media to provide market data to media outlets including Barron's and The Wall Street Journal.

Odaily Planet Daily reports that, according to Onchain Lens monitoring, due to the decline in the crypto market, James Wynn's ETH and PEPE long positions were partially liquidated.

BlockBeats News, January 7th, Falcon Finance announced the launch of a new off-chain Bitcoin yield vault, designed for Bitcoin holders who want to earn yields without changing their long-term holdings. The expected annualized return is between 3% and 5%, paid in Falcon's USD settlement asset USDf.

Odaily Planet Daily reports that according to market sources: Prediction market Polymarket has signed an exclusive partnership agreement with Dow Jones Media Group.

ChainCatcher reports that Eric Trump, Donald Trump's second son, posted on the X platform stating that American Bitcoin (ABTC) has become one of the fastest-growing Bitcoin companies globally in just four months. Its Bitcoin holdings have now surpassed KindlyMD (NAKA), making it the 19th largest Bitcoin treasury listed company. ABTC's next target is to surpass Next Technology, currently ranked 18th, and Galaxy, currently ranked 17th.
Previous reports indicated that the Trump family-backed Bitcoin mining company American Bitcoin