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The recent capital movements in Ethereum spot ETFs have attracted attention, with a net inflow of $5.042 million yesterday. Grayscale's ETHE saw an inflow of $50.6744 million, but the total outflow reached $5.09 billion. Relatively speaking, mini ETFs performed steadily. BlackRock's ETHA experienced an outflow of $79.8824 million, but the long-term net inflow reached $12.639 billion. Overall, the total assets of Ethereum spot ETFs amount to $18.683 billion, accounting for 5.04% of the total market capitalization.

The Korea Digital Asset Exchange Alliance (DAXA) opposes the government's proposal to restrict the shareholding ratio of exchange shareholders, believing that this will severely impact industry development. The policy aims to prevent risks associated with concentrated ownership governance but may have negative effects on existing companies, leading to conflicts between regulation and innovation.

Changes have occurred in the Ethereum staking queue, with the number of ETH waiting to be added rising to 2.17 million, approximately $6.7 billion in market value. Large-scale staking by BitMine has driven this trend, while the amount of ETH exiting is minimal. Market enthusiasm for Ethereum staking yields is high, attracting more institutions and major investors to participate.

The NYC token launched by the former New York City mayor has attracted attention. On-chain data shows that its associated wallet profited about $1 million through high sell and low buy operations, sparking community discussions about the fairness of token distribution. The behavior of liquidity providers may reflect the project's true stance.

SEC Chairman Paul Atkins stated in an interview that it remains uncertain whether Venezuela holds a large amount of Bitcoin, despite rumors suggesting it may own up to $6 billion worth of Bitcoin. He pointed out that the SEC has not yet intervened in this matter, and the information asymmetry in verifying these assets significantly impacts market sentiment.

【CryptoWorld】Recently, there has been an interesting development—Mezo has launched the "Bitcoin Repatriation" incentive program, planning to use 2.5% of the total token supply to mobilize a large-scale fund transfer. The logic behind this is actually quite simple: currently, over 11 billion USD worth of wrapped Bitcoin, including derivatives like tBTC, cbBTC, and WBTC, are accumulated on Ethereum. How to redirect these assets back to the native Bitcoin network has become a topic of consideration for many ecosystem participants.
How does it work exactly? Starting now, users can deposit tBTC, cbBTC, WBTC, or USDT into a pre-staking vault. These assets will automatically transfer to the Mezo platform in late January, where they will be used for fixed-rate Bitcoin collateralized loans, while also earning MUSD stablecoins. This effectively revitalizes idle wrapped assets—allowing users to not only hold stablecoins for other operations but also borrow against their collateral.

Recently, XRP price has been fluctuating between $2.03 and $2.10, with the market focusing on the key vote on January 15. The outcome of the Digital Asset Market Structure and Transparency Act will have a significant impact on the price trend, with $2.00 being a critical support level.

A certain exchange recently launched a silver trading pair, further enhancing the precious metals ecosystem following gold trading. Users can participate in both traditional assets and crypto asset copy trading simultaneously. This strategy offers investors diversified options, optimizes the risk-return ratio, attracts traders seeking diversified investments, and enhances the platform's competitiveness.

The Ukrainian National Commission for State Regulation of Electronic Communications has announced the blocking of the platform Polymarket due to lack of regulatory approval, citing involvement in unlicensed gambling. Although some users can no longer access it, the enforcement of the block has been inconsistent. This move will affect Ukrainian users' transactions on the platform, especially considering that approximately 240 related bets have been completed, totaling over $270 million.

【BlockBeats】There's a piece of news worth paying attention to—Trump will interview Federal Reserve Chair candidate Rick Rieder from BlackRock this week. This personnel arrangement could influence the Fed's policy direction, indirectly affecting the overall macroeconomic environment and capital markets. As traders, we all know that the Fed's interest rate decisions and monetary policy directly impact investors' risk appetite. If a new Fed Chair candidate is confirmed, it could bring new policy expectations to the crypto market. On January 12th, the market is definitely digesting this information.

Trader James Wynn's newly issued Meme coin $WYNN experienced extreme market fluctuations after launch, dropping from $7.34 million to $713,000, and now stabilizing at $2.8 million. Despite James actively promoting it, community engagement remains low, raising doubts about the project's future sustainability.

Polymarket is advancing multilingual functionality, currently entering the internal testing phase, with added support for Portuguese, Simplified Chinese, and other languages. This indicates that the platform is committed to breaking down language barriers, focusing on the global market, especially emphasizing Asian users. This move marks Polymarket's transition from an English-dominant platform to a globalized product.

A leading trading platform opened deposit services for new tokens "I'm Coming," "Life K-Line," and "Laozi" on January 12th. Spot trading will be launched sequentially from 19:00 to 20:00, with 10x isolated margin trading also available. Withdrawal services are expected to open on January 13th.

The panic index VIX recently broke through 16.55 points, an increase of 2.06 points, reaching a high in nearly three weeks, indicating that investors' risk appetite is declining, which may affect the volatility of the cryptocurrency market. Changes in market participants' sentiment suggest that related trading assets face greater fluctuation potential.

Tether has frozen over $182 million USDT across five wallet addresses on the Tron chain, with balances ranging from $12 million to $50 million. This freeze complies with Tether's voluntary freezing policy to adhere to U.S. Department of the Treasury sanctions requirements, although it has sparked discussions about the ideals of decentralization.

The Indian financial intelligence agency has recently introduced new regulations for cryptocurrency exchanges, requiring users to undergo strict identity verification, including biometric data, document submission, and bank account verification. Additionally, high-risk customers must undergo enhanced due diligence, and all exchanges are required to register and report suspicious transactions. These measures aim to improve compliance and reduce the risks of money laundering and terrorist financing.