SerumDegen

【Crypto World】Bitcoin rebounded to the $90,500 range after finding support at the key $89,200 level today. This support level coincides with the 50-day moving average. According to market trading supervisors, the market has been repeatedly blocked around the $95,000 mark and unable to break through effectively, resulting in recent two-way volatility. Over the past two trading days, the market has been mainly dominated by significant ETF outflows, with short-selling sentiment strengthening.
What’s more noteworthy is the leverage changes in the derivatives market. The total open interest in BTC futures and options has surged to nearly 700,000 BTC, hitting a three-week high and increasing by approximately 75,000 BTC compared to the beginning of the year. This indicates that market participants are gradually increasing their leverage exposure.
The funding rate for perpetual futures remains around 0.09% positive, meaning longs need to pay shorts to maintain their positions. In this rate environment, traders may be increasing leverage through...

【Blockchain Rhythm】The prediction market is undergoing a transformation. Once niche tools are evolving into mainstream truth discovery mechanisms, driven by close collaboration between research institutions and prediction platforms.
Anyone who does research knows: transcripts speak the loudest. Accurate predictions build credibility; failed predictions serve as lessons. But this process has long been private—research institutions release reports, investors choose to believe or not believe, with no transparent feedback mechanism in between.
Now, the situation is changing. A leading research institution has partnered with Polymarket to launch 11 new markets. This is not just adding a few betting options, but establishing a completely new model: the analytical results of research teams can be transformed into tradable markets, with each research report embedded into the corresponding prediction market. Investors are no longer passive recipients of opinions but can base their decisions on the depth of research and data.

【Crypto World】The Algorand Foundation recently announced an interesting development—integrating Brale, a US-regulated stablecoin service platform, onto the blockchain. What does this mean? In simple terms, enterprises and developers now have a compliant toolkit to issue and manage their own branded stablecoins.
Let's take a look at what's inside this toolkit. Brale integrates fiat on/off ramps, reserve custody, and comprehensive regulatory coverage, essentially pre-installing all the cumbersome compliance procedures. Previously, issuing tokens required navigating regulations and managing custody on your own; now, you can directly move into Algorand's high-throughput network without dealing with those infrastructure issues.
The true significance of this partnership lies in lowering the entry barrier. From a technical perspective, developers face fewer engineering burdens; from a regulatory standpoint, enterprises can achieve compliance more quickly. On Algorand's high-performance network, new payment

The latest US unemployment data shows that initial unemployment claims are at 208,000, below expectations. This data has altered market expectations for the Federal Reserve's rate cut, with an 11.6% probability of a rate cut and an 88.4% probability of maintaining current interest rates, significantly impacting liquidity and risk appetite in the crypto market.

【BitPush】Interesting news is coming—AWS and Ripple are teaming up. They plan to use Amazon Bedrock's generative AI to rethink how to monitor and analyze the XRP Ledger network.
In simple terms, they are using AI to tackle the massive log data accumulated by XRPL. Previously, investigating network issues could take several days. Now, with AI, it can be done in 2 to 3 minutes. Internal engineers at AWS have evaluated and confirmed that the results are indeed impressive.
What is the real pain point behind this? The C++ logs generated by the XRPL global node network are exploding in volume, turning into a nightmare for operations and maintenance. With this AI analysis solution, the fault diagnosis process that used to take days can be greatly accelerated, which is significant for maintaining the stability of the XRPL network. It seems that the combination of big tech and blockchain networks can indeed produce some interesting chemical reactions in practical engineering problems.

The sharp decline on January 8th caused market makers to face massive liquidations, and market liquidity dropped to its lowest point. The automatic liquidation mechanism triggered, leading to unhedged spot backlog, causing existing strategies to become ineffective and liquidity to decrease. Delta-neutral strategy returns shrank, while the traditional financial perpetual contract market experienced significant growth.

FXS price has risen from $0.68 to $1.128 in the past 3 hours, with a market capitalization of $86 million, a 60.8% increase. This fluctuation was triggered by a major exchange announcing support for FXS mainnet migration and upgrading to Frax (FRAX), attracting market attention.

【链文】某头部交易所的私人财富管理业务刚刚公布了2025年的成绩单。数据显示，在整个市场承压的背景下，USDT基金还是稳稳地跑出了平均9%以上的年化收益率，个别产品甚至冲到了20%以上。更关键的是这种正收益持续维持了整整48个月，没有出现回撤。
对于那些想让资产稳定增值的高端用户来说，这套财富管理方案确实提供了一个不错的选项。在行情波动较大的周期里，能稳定提供这样的收益率，背后肯定下足了功夫。看起来私人财富管理这块业务，正在成为交易所留住大额资金的重要抓手。

【Crypto World】Regulatory authorities recently pointed out several prominent features of crypto assets in fund flows. First is anonymity — the identities of transaction participants are difficult to trace; second is borderless transactions, allowing funds to flow instantly to any corner of the world; third is extremely fast transfer speeds, achieving almost instant settlement. It is precisely because of this combination of three characteristics that crypto assets have become a convenient channel to evade traditional financial regulation. Funds can completely bypass regulated financial intermediaries such as banks and payment institutions, directly transferring value on the blockchain. This presents new challenges for tax collection and anti-money laundering monitoring.

A leading exchange has launched TradFi perpetual contracts, utilizing USDT settlement to enable trading of traditional financial assets such as gold and silver. This product combines the liquidity of the crypto market and 24/7 convenience, offering more options for cross-asset traders.

【链文】以太坊生态又有大动作。Bitmine刚刚新增质押了109,504枚ETH，折合约3.44亿美元的体量。这一举动之后，其累计质押的ETH总量已经逼近91万枚——更准确地说，是908,192枚ETH，总价值达到29.5亿美元。
大机构的持仓变化往往能反映市场信心。这笔质押增幅背后，说明机构对以太坊生态的长期看好态度依旧坚定。每一次大额质押，都是资金在用真金白银投票。

The SEC's Cryptocurrency Working Group is conducting a nationwide tour, and on January 27th, they will have face-to-face discussions with early crypto project founders, aiming to gather industry opinions on policy reforms to develop a clearer regulatory framework, demonstrating the regulatory body's gradual adaptation.

Recent monitoring has identified four newly created wallets that are collectively predicting on the prediction market Polymarket that the United States will take military action against Iran in 2026, with no other transactions. This single and highly concentrated behavior has sparked market speculation that it may be a signal of institutional positioning or insider betting.

BlackRock recently withdrew 3,040 BTC and 61,359 ETH, totaling approximately $471 million. This move has attracted market attention and may reflect institutional adjustments to market trends. Investors should closely monitor such large transactions.

【Blockchain Rhythm】Many holders are troubled by a problem: buying Bitcoin and keeping it in a wallet means you can only wait for it to appreciate; there's nothing else you can do. Recently, a project aimed to solve this pain point.
They launched an off-chain Bitcoin yield vault, specifically designed for long-term BTC holders. The logic is straightforward—your Bitcoin stays put without any action, while still earning additional income. The expected annualized return is between 3% and 5%, paid in their USDf asset, settled in USD.
This product concept is actually quite practical: it meets holders' needs for asset security while also increasing income during bear markets or volatile periods. For Bitcoin believers, this is equivalent to maintaining their conviction without wasting time value.

【Blockchain Rhythm】On-chain data shows that wallet address 0xFB7…5e0A3 has been very active on Hyperliquid. On January 7th, this trader significantly increased their BTC long position to $259 million, making them the largest Bitcoin long holder on the platform.
Specifically, the opening average price of this address's BTC long position is $92,318.6, with an unrealized loss of approximately $1.982 million. The liquidation price is set at $81,157.4, which indicates some buffer for risk.
What’s more noteworthy are the operational details—this whale started positioning 5 hours ago, using 20x leverage to build the long position. At the same time, they placed a take-profit limit sell order with a trigger price set at $93,300. This combination of strategies demonstrates a quite mature risk management mindset. In the current market environment with Bitcoin price fluctuations, such a large-scale leveraged long position