BTC falls below $88,000, slight decline in 24 hours: Market data shows that BTC has fallen below the $88,000 mark, currently reported at $87991.97, with a 24-hour decline of 0.08%. Market volatility has increased, necessitating attention to risk control.
Crypto fear index rises to 17, market remains in extreme fear: According to Alternative data, the cryptocurrency fear and greed index today is at 17, indicating that the market is still in a state of extreme fear. The index has a threshold of 0-100, covering six major indicators including volatility, market trading volume, and social media sentiment.
Strong demand for government bonds coupled with tempered rate cut expectations weakens Bitcoin demand: Market demand for U.S. government bonds remains strong, with the 10-year Treasury yield holding at 4.15%, reflecting a rise in traders' risk-averse sentiment, leading to weakened Bitcoin demand. The CME FedWatch tool shows that the probability of the Fed lowering rates at the January 28 FOMC meeting has decreased from 24% to 22%.
U.S. lawmakers draft new bill to exempt capital gains tax on stablecoin trades under $200: U.S. Congress members are drafting a bill (Digital Asset Equality Act) that aims to exempt capital gains tax on stablecoin trades under $200, with staking and mining rewards also eligible for a five-year tax deferral option.
Etherealize co-founder: The crypto industry needs to prove actual value before Trump's departure: Etherealize co-founder Danny Ryan stated that the current U.S. government is pushing for crypto-friendly legislation and regulatory improvements, but the window of opportunity is limited. The industry needs to demonstrate actual use cases before Trump's departure, facilitating institutional implementation and capital market integration to avoid future policy reversals.
Ethereum plans 2026 Glamsterdam upgrade to reduce MEV abuse: Ethereum developers have initiated the 2026 Glamsterdam upgrade plan after completing the Fusaka upgrade, which lowered node costs. This upgrade consists of the execution layer Amsterdam upgrade and the consensus layer Gloas upgrade, with the core being the separation of proposer and builder (ePBS) and block-level access control lists, which can effectively reduce MEV manipulation and abuse.
Ethereum Foundation sets 2026 128-bit cryptographic security goal: The Ethereum Foundation has made it clear that the ultimate goal for L1 is 'provable security', establishing 128-bit security as the standard, consistent with mainstream cryptographic standard organizations and academic literature. It also pointed out that tools like WHIR can achieve this goal and the requirement of less than 300KB.
Klarna partners with Coinbase to add stablecoin financing channel: Swedish digital bank Klarna has partnered with Coinbase to raise USDC-denominated short-term institutional funds through Coinbase's digital infrastructure, adding a source of stablecoin funding outside traditional financing channels. Klarna stated that it will continue to promote crypto-related businesses for consumers and merchants in 2026.
Tether to launch AI-integrated mobile crypto wallet: Tether CEO revealed that an AI-integrated mobile crypto wallet is under development, supporting only Bitcoin, USDT, the new stablecoin USAT, and tokenized gold XAUT, with local private AI integrated via QVAC, supported by Tether's open-source wallet development toolkit WDK and the decentralized AI platform QVAC.
Uniswap launches final governance vote on Unification proposal: Uniswap has initiated the final vote on the Unification proposal, which focuses on integrating economic incentives, governance structure, and development work. If approved, it will charge protocol fees on v2 and some v3 liquidity pools to be used for the destruction of UNI, and will also retrospectively destroy 100 million UNI from the treasury.
Hilbert Group invests $32 million to acquire Enigma Nordic: Swedish crypto algorithm trading investment firm Hilbert Group has acquired high-frequency trading platform Enigma Nordic for $32 million, leveraging its proprietary trading system to execute market-neutral strategies in global crypto exchanges and enhance trading advantages.
BlackRock CIO Rick Rieder to interview for Fed Chair: BlackRock CIO Rick Rieder will interview for the position of Fed Chair at Mar-a-Lago, with other candidates including Kevin Hassett, Kevin Warsh, and Fed Governor Christopher Waller.
WTO report: AI could drive global trade growth by nearly 40% by 2040: The World Trade Organization released the (2025 World Trade Report), indicating that with the right policies in place, AI is expected to increase the value of cross-border goods and services trade by 34%-37% by 2040, contributing to 12%-13% growth in global GDP. The report emphasizes the need to bridge the digital infrastructure gap, enhance skills training, and maintain an open trade environment.
