NullWhisperer

On January 10th, the three major U.S. stock indices all rose, but the overall performance of cryptocurrency concept stocks was poor. Although some platforms and service providers saw slight gains, large holders and sectors such as mining were heavily hit, indicating the market's complexity influenced by multiple factors affecting the crypto sector.

The president plans to exempt small-scale Bitcoin and cryptocurrency capital gains taxes to reduce tax compliance costs. Although policy optimization is helpful, Bitcoin's high volatility and opportunity cost still make it less suitable for retail payments, being more appropriate for long-term investment rather than daily consumption.

【Crypto World】Bitcoin makes another breakthrough, with the price surging to $91001.77. Over the past 24 hours, the increase has been steady, recording a 0.53% growth. Trading activity remains high, with daily transaction volume reaching $39.222 billion. From a technical perspective, BTC remains resilient at high levels, and market participation continues to stay at a relatively high level.

【Chain Wen】U.S. stocks edged higher on Friday, with December non-farm payroll data not overturning market expectations that the Federal Reserve will keep interest rates unchanged for now. Meanwhile, all eyes are on the Supreme Court's upcoming ruling on the legality of Trump's tariff policies.
Cayla Seder, a macro multi-asset strategist at State Street, analyzed that this labor data sends a key signal—the market is no longer worried about an overheating economy. The data is strong enough to suggest that the economic fundamentals are still okay, but not so strong as to cause traders to completely change their view on the Fed's policy path. This "lukewarm" situation instead provides a boost to the stock market.
The bigger suspense lies on the tariff front. Trump's comprehensive tariff policy launched in April once caused market tension, and now the Supreme Court's ruling could be another watershed for stocks and bonds this year. If the court rules the tariffs unconstitutional, corporate profit margins are expected to improve, and the market may...

Solana on-chain ecosystem tokens have recently rebounded, with AVICI increasing by over 47%, a market cap of $47.75 million; ORE up 22.9%, a market cap of $73.98 million; PIPPIN up 40.7%, a market cap of $421 million; GMT up 27.6%, a market cap of $102 million. Investment should be cautious, and risk management should be emphasized.

The article explores the potential price ceiling of XRP and, by comparing the market caps of Bitcoin, silver, and Apple, speculates that if XRP's market cap reaches these benchmark assets, its price could potentially reach $30, $67, and $66.27 respectively. The article points out that the price of XRP is mainly influenced by its circulating supply, as the circulating volume directly determines the unit price at the same market cap.

The Supreme Court of South Korea ruled that Bitcoin held by centralized exchanges can be seized, marking a clarification of Bitcoin's legal status in South Korea and establishing it as attachable property. This ruling enhances regulatory clarity and provides a reference for the standardization of crypto assets.

On the afternoon of January 9th, a whale trader closed a $15.53 million ETH long position, incurring a loss of $616,000, but still continued to go long on HYPE tokens with 2x leverage, holding a position worth approximately $17.5 million. Currently, the unrealized loss is $481,000, indicating a clear risk appetite.

【Crypto World】In the first two trading days of the new year, Bitcoin ETF performance was eye-catching—net capital inflow exceeded $1 billion. Many analysts cheered and believed this was a sign of investors' risk appetite returning.
But the story took a sharp turn.
In the following three trading days, Bitcoin ETFs reversed course and declined, with a total net outflow of $1.128 billion. In just three days, institutions voted with their feet, almost completely offsetting the gains made in the first two days of the year. The final tally is—since January, the capital flow of Bitcoin ETFs has been nearly flat, and the initial optimism has been thoroughly cooled by reality.
The underlying issue reflected here is quite painful: institutional investors' confidence is far from as firm as it seems. The short-term inflows and outflows are volatile, indicating that the market is swinging back and forth.
Next, focus on two major events—US employment data and the Supreme Court ruling. Both sources of information could become triggers for the market, further impacting investor sentiment and

The issuance mechanism of Immunefi's native token IMU is worth noting. With a total supply of 10 billion tokens, 47.5% is allocated for ecosystem development and user incentives, 16% is distributed to early supporters, 26.5% goes to the team, and 10% is reserved as a reserve fund. This allocation ratio achieves a balance between community incentives and team stability.

A whale known as "30 times bullish but repeatedly defeated" bought 63,381.45 HYPE tokens with 5x leverage on January 9, with a trading volume of approximately $1.64 million. Although currently showing a slight unrealized profit, the overall account still has a loss of $171,000. His persistence has attracted market attention.

Morph officially launched a $150 million payment accelerator program aimed at connecting offline real-time transactions to the blockchain and building a compliant payment ecosystem. This program requires infrastructure providers to have clear integration capabilities and secure architecture, and to promote the practical application of blockchain payments through compliance standards based on real user payment flows.

【CryptoWorld】Looking at the K-line chart from the past 4 hours, DOGE's performance is still quite interesting.
The price shows clear wave-like features—recovering from the low point at 08:00, although it has pulled back compared to the 12:00 period, overall it remains in a moderate upward trend. From the candlestick pattern, small bullish candles dominate, and the last candle is a standard bullish line, with the closing price exceeding the opening price, indicating that the bulls are still fighting.
However, the trading volume is quite intriguing. Recently, the volume has significantly shrunk, dropping quite a bit compared to a few hours ago. The price and volume are decreasing together, which on the technical side is a typical sign of a quiet market—retail participation is low, and there is no strong trading enthusiasm.
Looking at technical indicators, the MACD histogram has been in the negative zone but is gradually getting shorter, indicating that the bearish momentum is waning and the bulls are showing some signs. The KDJ indicator has not shown a golden cross or death cross; currently, it is in an oversold state (KDJ value at 15), and in such cases, it often

Bitmine organization has recently staked over 1 million ETH in Ethereum's PoS, with a total of 103,200 ETH staked so far, worth approximately $3.215 billion, accounting for one-quarter of its total holdings. Currently, 1.778 million ETH are queued for staking, while the exit queue has been cleared, indicating a bullish market sentiment towards ETH staking returns.

Wall Street lobbying group SIFMA holds a closed-door meeting with representatives from the crypto industry to discuss the core disagreements over the U.S. Crypto Market Structure Bill. The focus is on SIFMA's opposition to regulatory exemptions for DeFi and efforts to restrict stablecoins. Time is tight, and without bipartisan support, the bill cannot move forward for review, and the outcome remains uncertain.

A leading cryptocurrency mining company announced a collaboration with a well-known media outlet to launch a 12-episode in-depth series, including executive interviews and advertising campaigns, scheduled to launch in 2026. This move demonstrates the industry's trend toward mature and regulated development, as well as the importance of brand promotion in enhancing market position.

CRV recently broke through the $0.40 mark, with significant accumulation by large investors. Although it faces resistance at $0.433 in the short term, technical indicators are bullish, and the short-term rebound momentum is strengthening, with targets potentially reaching $0.5 and higher. However, risks should still be monitored.