GateNewsBot

Gate News Bot Message, January 05th, according to CoinMarketCap data, as of press time, HYPE (Hyperliquid) is currently priced at $26.42, up 5.31% in the past 24 hours, with a high of $27.28 and a low of $23.91. The 24-hour trading volume reached $238 million. The current market capitalization is approximately $8.965 billion, an increase of $452 million from yesterday.
### Important recent news about HYPE:
1️⃣ **Slowing revenue growth raises concerns about future expansion**
Hyperliquid's December revenue reached $61.24 million, a 32.4% decrease month-over-month, significantly down from $90.60 million in November. This revenue decline is closely related to intensified industry competition. Blockworks' consulting head pointed out that in a competitive environment

As companies incorporate Bitcoin into their balance sheets, the monetary environment is becoming a key variable influencing the success or failure of Bitcoin treasury strategies. Japanese publicly listed company Metaplanet has emerged in this context, with its Bitcoin holdings believed to significantly benefit from the macro trend of the long-term weakness of the Japanese yen.
Market analysis indicates that compared to U.S. companies financed in USD, Metaplanet accumulates Bitcoin through yen financing, which offers clear advantages in terms of capital costs and actual returns. Bitcoin analyst Adam Livingston stated that yen depreciation amplifies the returns denominated in Bitcoin, creating a unique arbitrage structure for Japanese companies in the current cycle.

The International Accounting Standards Board (IASB) plans to update the Conceptual Framework for Financial Reporting in 2026 to address the challenges posed by digital currencies and intangible assets. The update will focus on the accounting treatment of cash flow statements and intangible assets, potentially impacting financial disclosures and valuations in the cryptocurrency industry and technology companies.

Ahead of the upcoming large-scale token unlock, Hyperliquid (HYPE) price remains in a clear downtrend, and overall market sentiment is cautious. As the key unlock date on January 6 approaches, traders are reassessing short-term risks and potential volatility.
As of now, HYPE is priced at $26.45, rebounding about 4% in the past 24 hours. However, from a medium-term perspective, its price is still down approximately 15% from last month, and the decline from the September 2024 all-time high of nearly $59 has exceeded 50%. Over the past week, HYPE has fluctuated between $24.03 and $27.18, indicating limited rebound momentum.

Gate News Bot Message, January 5th, According to CoinMarketCap data, at the time of press, IRYS (Irys) is trading at $0.04, up 17.96% in the past 24 hours, reaching a high of $0.04 and a low of $0.02. The 24-hour trading volume is $21.1 million. The current market cap is approximately $74 million, an increase of about $11.3 million from yesterday.
Irys is the first programmable data chain designed for AI and more application scenarios. Unlike other data networks that only store data, Irys offers faster and cheaper services, equipped with a native execution layer to make data programmable. Data on Irys can embed instructions, be retrieved instantly, and shared across applications, enabling developers to build on-chain services, unlock new value from each other's data, all at a fraction of the cost of traditional solutions.

BitMart partners with the reality show CryptoKnights, with the CEO serving as a judge alongside well-known investors. The show focuses on blockchain startups, promoting Web3 projects, and presenting complex concepts through entertainment and education to advance the application of cryptography. BitMart will provide support and market insights to participating projects.

ADEN launches the Points Program, serving as the core incentive mechanism of its Perp DEX ecosystem, aimed at quantifying users' real trading behavior, position performance, and community engagement. The program emphasizes long-term contributions, avoids short-term speculation, and in the initial phase is targeted at early participants. Points will be regularly tallied to assess trading activity and stability.

ChainCatcher Message: The decentralized machine learning network Bittensor collaborates with HackQuest to launch the global developer program "Bittensor × HackQuest: Build on Bittensor," aimed at encouraging developer participation in the Bittensor ecosystem, providing learning and practical support, and enhancing the developer experience through Ideathon and learning pathways.

ChainCatcher News, according to an official announcement, Gate Web3 BountyDrop launches today on Nexer DEX airdrop event. Users can access the BountyDrop module to participate in tasks through the "Activities" page in the Gate Web3 App. Among all participants who complete the tasks, 1,000 winners will be randomly selected to share 5,000 USDT.
In addition, Gate Web3 will host the New Year "Kickoff" event from December 25, 2025, to January 7, 2026. Users who complete a designated amount of their first transaction (including Swap or Web3 DEX transactions) within the Gate App will receive a 100% chance of a random airdrop reward and their first order.

Whale (0x50b30) increased their BTC short position today, shorting 583.76 BTC with 20x leverage, with an unrealized profit of $86,000. At the same time, they increased their long ETH hedge position, going long 3,130.39 ETH with 14x leverage, with an unrealized loss of $118,000.

After the United States launched military operations in Venezuela and resulted in the arrest of President Nicolás Maduro, Bitcoin prices surged rapidly, once breaking through the $93,000 mark, attracting significant market attention. Many institutions believe that this rally is not accidental but the result of multiple factors resonating in macro, capital structure, and technical aspects. Matrixport summarized the three core reasons driving the Bitcoin price rebound.
First is the completion of a “zeroing reset” in the market. Matrixport pointed out that since Q4 2025, the leverage in Bitcoin and Ethereum futures markets has decreased by nearly $30 billion. A large number of cautious or hesitant traders chose to exit at the beginning of the new year, causing the market’s position structure to cool down significantly. In the context of light positions and low leverage, Bitcoin prices are more likely to follow natural trends, opening up space for gains in 2026. This de-speculation process is seen as an important foundation for the current Bitcoin market.

A trader on Polymarket lost over $2 million within 35 days due to reliance on the majority's predictions. Despite a 51% win rate, the lack of exit and hedging strategies resulted in significant losses.

Trader “beachboy4” made 53 high-risk prediction trades on Polymarket. Despite a win rate of 51%, the total loss exceeded $2 million. Lessons learned include avoiding high-priced entries, controlling risk, and taking profits at the right time.

DWF Labs Managing Partner Andrei Grachev posted on the X platform revealing that they have just received one kilogram of 999.9 pure gold from DWF Labs' gold trading division. This detail has been interpreted by the market as an important signal that DWF Labs is officially accelerating its layout in gold-related businesses, further strengthening its long-term strategic direction in the RWA (Real World Assets) track.
According to Grachev, DWF Labs has outlined its development plan for 2026, which will involve a comprehensive expansion of its gold trading business. On one hand, the company plans to continuously increase physical gold reserves to enhance the robustness of its balance sheet; on the other hand, DWF Labs will also launch a market-facing retail gold service, with a minimum sale size of 1 kilogram, targeting high-net-worth individuals and institutional investors.

As Bitcoin continues to gain institutional adoption in 2025, its energy consumption and environmental impact have once again become the focus of public debate. ESG and sustainable development researcher Daniel Batten pointed out that many criticisms of Bitcoin mining are not based on data but stem from misunderstandings of the technology's mechanisms. He summarized nine common misconceptions about Bitcoin's energy issues and refuted each with real-world data.
First, the claim that "Bitcoin transactions consume大量 energy, water resources, and electronic waste" is not accurate. Multiple peer-reviewed studies have shown that Bitcoin's energy consumption is unrelated to the number of transactions, meaning the network's transaction capacity can expand without a corresponding increase in energy input. This conclusion is fundamentally different from the linear scaling model of traditional payment systems.