NullWhisperer

A novice trader, just a few days into contract trading, used 40x leverage to short Bitcoin, with a position of $11.57 million, but is currently floating at a loss of $75,000. This story reveals the risks of high leverage trading and the harsh reality of the market.

On January 13th, a whale address named "Lightning Reverse" drew attention. The address reduced 83.21 BTC to take profits of approximately $7.607 million and simultaneously cleared $10.681 million of ETH long positions. This rapid shift in trading style is worth the attention of market participants.

A part-time professor at a certain university believes that stablecoins will not threaten the banking industry and may even increase bank deposits. He pointed out that the demand for stablecoins mainly comes from overseas and is not a substitute for domestic deposits. He emphasized that banks should focus on competition and consumer rights rather than solely on their own profits.

A trader known for establishing short positions in ZEC recently continued to expand their short positions, shorting 52,919 UNI and 12,343,807 WLFI with 10x leverage, with unrealized gains of $6.9 million, continuing their aggressive trading style.

On January 13th, on-chain data showed that an investor simultaneously placed a $140 million short bet on the three major mainstream cryptocurrencies, using 20x leverage. Among them, the BTC short position was the largest at $69.93 million, with SOL and ETH at $50.3 million and $20 million respectively. This high-risk operation indicates market divergence, with bears believing there is room for correction, and ordinary investors should pay attention to such whale movements.

Former New York City Mayor Eric Adams launches a cryptocurrency called "NYC Token" to raise funds to combat anti-Semitism and promote blockchain education for children. Although the market cap once reached $200 million, it quickly fell back to $93.98 million. The new mayor explicitly stated he would not buy it and warned investors to exercise caution.

Today at 07:16, on-chain data shows that Stake.com conducted an internal transfer of 2000 ETH, worth approximately $6.18 million. Such large transfers reflect strategic adjustments by market participants and are worth paying attention to.

If the U.S. Supreme Court rules that the government's tariff policies are illegal, it could lead to compensation of hundreds of billions of dollars, putting immense pressure on the national finances, potentially triggering fluctuations in the financial system, affecting the dollar's trend and global capital flows. Investors should pay attention to the timing and reasons for the ruling.

【区块律动】比特币强势上攻，1月13日再度突破92000美元关口，最新成交价报92058美元。从技术面看，BTC在近期波动中逐步抬高支撑位，这一突破进一步巩固了短期反弹的力度。

Bitcoin Core's new key holder, TheCharlatan, officially joins as the sixth core commit permission holder, supported by 20 community core contributors. He focuses on software reproducibility and verification logic research, which is crucial for the stable operation of Bitcoin Core.

【Crypto World】A digital asset head of a research institution recently made a bold prediction: 2026 will be Ethereum's year to shine.
Their price targets are indeed eye-catching—reaching $7,500 by the end of 2026, then continuing to rise, doubling to $15,000 in 2027, and soaring to $22,000 in 2028. A more aggressive long-term forecast is $30,000 by the end of 2029 and $40,000 by the end of 2030.
Why is ETH so optimistic? The core reasons are: first, Ethereum's absolute dominance in the stablecoin sector; second, the new trend of physical asset tokenization mainly happening on ETH; third, the continued prosperity of the DeFi ecosystem. Data also supports this view—currently, Ethereum's transaction activity has hit new highs, with stablecoin transactions accounting for 35% to 40% of total trading volume.
They also provided a market size forecast:

BitGo plans to raise up to $201 million through an IPO in the United States, marking a significant event in the digital asset custody sector. The offering will include 11.8 million shares, priced between $15 and $17 per share, reflecting the growing demand for professional-grade custody services for digital assets and also signaling the accelerated development of the Web3 industry.

The Dubai Financial Services Authority (DFSA) has changed its cryptocurrency regulation approach since January 12, requiring companies to determine the applicability of tokens themselves, with the review responsibility shifted to market participants. This shift, after three years of deliberation, aims to align with global standards but may result in privacy coins like Monero and Zcash being classified as high-risk assets, thereby restricting their activities in the market.

Wall Street institution Bernstein report指出，美国加密市场结构法案推进面临挑战，主要因银行业与加密行业在稳定币收益问题上的对立。若双方无法达成妥协，法案可能推迟或失败。当前谈判时间紧迫，需在2026年第二季度前取得进展，以避免政治变化带来的不利影响。

Dutch economists' analysis indicates that the pressure faced by the Federal Reserve Chair may affect the short-term pace of rate cuts, leading the board to lean more towards a hawkish stance. This pressure stems from overruns in headquarters renovation costs, which could prompt the Fed to delay rate cuts and consequently impact the liquidity environment of the crypto market. Investors should closely monitor this development.

Tokens of payment-focused public chain projects are hovering around $2, but progress in cross-border payments and banking clearing and settlement applications is accelerating, and institutions are beginning to focus on real use cases. ETF capital inflows have exceeded $1.3 billion, and policy support is also advancing. The outlook for the payment sector is gradually becoming clearer, shifting from speculation to long-term value investment.