ZkSnarker

【Crypto World】DeFi Development Corp. (NASDAQ ticker DFDV) performed poorly today. As of January 22, the stock price dropped to $6.00, down from the opening price of $6.70, a decline of 10.43% intraday. The volatility of this crypto-themed stock has attracted attention, reflecting the market's current attitude towards adjustments in the related sector.

The survey shows that last year, a country's central bank obtained over $500 million worth of USDT through crypto channels to support the fiat currency price. This reflects the gradual acceptance of crypto tools by traditional central banks, with stablecoins becoming a tool for financial hedging risks and experiencing increasing demand.

More than 17,000 ETH have flowed out of Bitstamp and transferred to a new wallet, totaling over $51 million. This large transfer has attracted market attention and may indicate reallocation of funds or institutional strategy adjustments. The identity of the recipient is still unclear, but it usually signifies that important decisions are imminent.

【BitPush】At the World Economic Forum in Davos, U.S. President Trump revealed the latest developments: Congress is actively drafting a regulatory framework for the cryptocurrency market. He mentioned that cryptocurrencies have gained widespread political support, indicating that this is no longer just a topic for tech enthusiasts but has risen to the level of national policy. More importantly, he expressed the intention to sign cryptocurrency-related legislation as soon as possible, which could mean that the U.S. may soon have a clear policy window for digital asset regulation. For the market, clear regulatory rules are often more conducive to healthy development than disorderly conditions.

Trump announced US economic data at the Davos Forum, with core inflation rate dropping to 1.5%, and set the 2025 GDP growth target at 5.4%, far exceeding the International Monetary Fund's expectations. This will influence Federal Reserve policies and subsequently impact capital flows in the crypto market.

Recently, the situation for open-source developers has improved. Concerns about whether the US judiciary supports open-source innovation have risen following the conviction of Tornado Cash's founder. However, the US Congress is advancing the "Blockchain Regulatory Certainty Act," aimed at protecting non-custodial open-source developers and reducing their legal liabilities. This marks an important step forward in legal protection for developers.

American fast-food chain Steak'n Shake announces a $10 million heavy investment in Bitcoin and will add Bitcoin payments to employee salary options, at $0.21 per hour, with a two-year withdrawal requirement. This move reflects traditional companies' recognition of Bitcoin's value.

Cardano's recent price has declined, falling from a high of $0.3617 to $0.3499, a weekly decrease of 15.36%. Although its market cap remains in the top ten, technical indicators show weakness, with an RSI of only 37.9. A breakthrough of the $0.39-$0.42 range is needed to achieve a rebound. In terms of ecosystem development, new ETF applications and related product launches are expected to help facilitate future recovery.

A European team is developing a project that combines electric mobility, clean energy, and crypto applications, utilizing zero-emission transportation and hybrid charging systems while managing surplus electricity to generate revenue. The project has passed proof of concept, is seeking investment partnerships, and has reserved funds for community development, demonstrating a focus on eco-driven initiatives.

【Crypto World】Tether's Treasury Department has just transferred 180 million USDT to Bitfinex, equivalent to approximately $179.9 million. This large USDT transfer to an exchange often indicates that there may be new capital movements in the market. Traders who focus on on-chain data usually regard such transfers as an important indicator of market sentiment—after all, stablecoin inflows to exchanges typically mean that additional funds are preparing to enter the market. However, it could also be just routine financial adjustments. In any case, this transfer amount is significant enough for market participants to pay attention to the upcoming market changes.

Alameda Research former CEO Caroline Ellison is expected to be released from federal supervision on January 21, 2026, but must adhere to a 10-year professional ban, preventing her from serving as an executive at a publicly traded company or a cryptocurrency exchange. This ruling highlights the regulatory authorities' strict stance towards executives in the crypto industry.

A trader shorted 937 Ethereum on January 21 with 3x leverage, with an average entry price of $2,988.45, currently experiencing a slight loss. Their trading style emphasizes high-frequency batch entries and strict stop-losses, demonstrating a professional risk management mindset. Such large short positions reflect bearish market expectations.

A senior government finance official used fluctuations in the Japanese bond market to apply pressure, forcing Japanese officials to commit to maintaining fiscal sustainability and thus easing the bond sell-off. At the same time, he sent supportive signals regarding his country's currency, indicating that the United States is adopting targeted strategies aimed at maximizing national interests through market expectation differentials.

The "USD1 Trading Competition" on BNB Chain is currently underway. The Meme coin Arctic Bear 2026 has recently performed outstandingly, with a market cap of $7.5 million and a 75% increase. Meme coins with top market caps include EGL1, BIG DON, and CDL. There are no restrictions on the token creation time for participating projects, but Meme coins are highly volatile, so caution is advised when investing.

【Crypto World】Gate.com has officially launched the perpetual contract trading pair of CryCry(CRY) with 1x leverage, settled in USDT. Traders can choose from 1x to 10x leverage to trade, flexibly adjusting their risk exposure. Simultaneously, this trading pair is now available on the Gate Perp DEX platform, offering users more trading options.

Gemini Twin Exchange founders Tyler and Cameron Winklevoss donated 3221 ZEC (approximately $1.2 million) to Shielded Labs to support research and development projects such as the Zcash network sustainability mechanism, cross-chain protocols, and dynamic fee systems, promoting the development of privacy technology and the decentralization process.

【BitPush】The prediction market ecosystem has maintained its heat over the past week. According to on-chain data, the weekly fee revenue of prediction market platforms exceeded $2.7 million, setting a new historical high.
Breaking down the data, the opinion market performed particularly well, contributing 54.3% of the revenue share. More notably, a leading prediction platform's 15-minute price fluctuation market was exceptionally popular—generating $787,000 in fee revenue in just one week, accounting for 28.4% of the total volume. This indicates that ultra-short-term price prediction trading has attracted a large number of participants, and short-term volatility trading has become a new hotspot in this cycle.

Recent market developments have attracted attention. Bitcoin remains steady around 90,000, but short-term upward pressure is significant, and the rebound space is limited. After falling below the 50-day moving average, Shiba Inu's support turned into resistance, and the market structure is chaotic with an unclear direction. XRP remains volatile between 1.90 and 2.00, and a breakout above this level is needed to confirm the subsequent trend.

Recently, Bitcoin fell below $90,000, and Ethereum lost the $3,000 mark, but institutional investments continue to increase. A publicly listed company purchased 22,305 Bitcoins within a week. Meanwhile, dormant whales transferred $85 million worth of BTC, hinting at market changes. On the policy front, the advancement of relevant laws and the expansion of strategic reserves have also attracted attention, and the market bottom characteristics are gradually emerging.

The crypto payment company Zerohash originally had its acquisition negotiations fall through, but now Mastercard has shown interest in investing in it, reflecting increased traditional financial interest in crypto assets. Zerohash's business model has gained recognition, with flexible investment methods, representing the trend of traditional finance entering Web3.