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XRP's legal status in the United States has been confirmed as a non-security, but the cryptocurrency regulatory environment remains chaotic, posing obstacles to industry innovation. The industry is actively advocating for the development of a unified regulatory framework to encourage innovation and promote mainstream adoption of crypto assets.

【Crypto World】Looking at the current crypto market, that FOMO vibe is almost identical to the internet bubble back in the day—valuation skyrocketing, with some projects trading at over 100 times their actual revenue, yet the profits are pitifully small.
Interesting changes have emerged over the past two years. Leading projects like Bitcoin and Ethereum are now generating real income through staking and DeFi methods, and we can finally value them using traditional metrics like P/E ratios. After doing the math, it turns out—many coins are indeed seriously overvalued.
History tends to repeat itself. Pets.com and eToys went bankrupt after the bubble burst, but Amazon and Google survived and even made a comeback. The current situation in the crypto space is similar: projects with weak fundamentals are being ruthlessly淘汰 by the market, but those with solid foundations are finding ways to survive.
The data is clear—Bitcoin has already fallen from its high of $126,000 by nearly a third.

【Chain Wen】Ripple has no plans to go public. Company President Monica Long recently made it clear that they prefer to remain private and grow through acquisitions and independent product development.
To put it simply, Ripple is not short of money. Long pointed out that the company already has enough financial strength to support growth, and does not need to raise funds through an IPO or rely on liquidity from public markets. Where does this confidence come from? The $500 million funding round completed in November 2025 is a good example — after this round, Ripple's valuation skyrocketed to $40 billion.
So what does Ripple truly care about? Still products. Long emphasized that the company's core strategy is to build things — specifically, to develop the infrastructure needed by traditional financial institutions, enabling stablecoins, tokenized assets, and cryptocurrencies to truly operate within real business processes.

JPMorgan's blockchain division Kinexys recently officially deployed JPM Coin on the Canton network, achieving the second cross-chain expansion of this stablecoin. As a dollar deposit token, JPM Coin is designed for institutional clients, featuring 24-hour instant transaction capabilities, driving innovation and convenience in financial services.

Rumble has partnered with Tether to launch the non-custodial crypto wallet Rumble Wallet, integrated within the Rumble platform. The wallet supports USDT, XAUt, and Bitcoin, allowing users to tip creators directly, simplifying the payment process and enhancing value interaction between content creators and fans.

The BMIC project aims to address the security threats posed by quantum computing to crypto assets by building quantum-resistant infrastructure through quantum-safe wallets, AI monitoring systems, and modular cryptographic architectures. The token design focuses on long-term incentives to ensure community governance and staking rewards. The project's pre-sale has exceeded $297,000, adopting a transparent pricing strategy to attract more institutional users.

Tonight at 9:15 PM, the United States will release important December ADP employment data. Market expectations for a rate cut in January have increased, with differing probabilities across various platforms. These data are especially important for crypto traders, as Federal Reserve decisions will influence market liquidity.

A well-known crypto investment fund announced a strategic restructuring, spinning off its liquidity management business into an independent company focused on venture capital. The new company is led by Seth Ginns and Chris Perkins, demonstrating major players' reassessment of market changes and a move towards specialization.

【BlockBeats】On January 7th, the cancellation of a major event in the NFT field drew attention within the ecosystem. According to reports, an NFT and RWA themed event scheduled for 2026 has been canceled, marking the first time in four years that the event has been discontinued. The official reason given was straightforward: funding has dried up, and organizational costs far exceed sponsorship and ticket revenue. Ticket purchasers were promised refunds within two weeks.
However, the development of the situation soon became more complicated. The response from sponsors regarding refunds was: according to Clause 12 of the cooperation agreement, the non-refundable costs related to the event have already exceeded the total sponsorship amount, making refunds impossible. Several sponsors reported receiving the same notification, including representatives from well-known NFT projects.
The numbers behind this are quite shocking. The official sponsorship list for 2026 includes 61 organizations, with market estimates suggesting that the total sponsorship investment exceeds 500,000 euros. For these sponsors, the event cancellation has

According to Coinglass data, whale holdings on Hyperliquid have reached $6.921 billion, with longs accounting for 48.24% and shorts for 51.76%, indicating a slight bearish trend. Long positions have lost $19.864 million, while short positions have gained $77.7146 million, suggesting that recent market conditions favor shorting. A certain mega whale opened a 5x full-position long at an ETH price of $3147.39, currently with an unrealized loss of $19.9898 million.

SharpLink recently revealed data showing that it has obtained 438 ETH through Ethereum staking, with a total staking yield of 10,657 ETH. They allocate their entire position in ETH and stake it, despite the higher strategic risk, the potential returns are substantial.

Recently, the precious metals market has performed remarkably well, with spot gold rising to $4,500, just $50 below its all-time high. Silver has also increased to $82.4, up 15%. The market's demand for traditional safe-haven assets has clearly increased, with a clear upward trend worth paying attention to.

Today, DOT's market performance was poor, closing down 3.3%. Attempting to break through $2.26 is quite difficult, and increased trading volume indicates institutions are distributing. Technical indicators show clear bearish signals, with resistance at $2.19. If it falls below, attention should be paid to the key support levels at $2.14-$2.15.

Before the introduction of the SUI ecosystem, CFTC Commissioner Brian Quintenz was appointed as an independent director, aiming to leverage his experience in capital markets and regulation to optimize treasury strategies. Currently, the treasury holds approximately 108 million SUI tokens, indicating a deepening interaction between the crypto market and policy.