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A leading compliant trading platform is lobbying U.S. legislators to oppose the ban on DeFi provisions in the CLARITY Act. The bill could restrict stablecoin yield products, significantly impacting the revenue of trading platforms. The banking industry is attempting to close the loophole for stablecoin yields through this bill, and related discussions will take place this week.

Recently, the Meme coin market has experienced a significant correction, with many Meme coins encountering declines. Especially "I'm Coming" which dropped 30% within 24 hours, and its market cap also shrank significantly. "Life K-line" fell 15%, performing slightly better. "Laozi" defied the trend and rose 10%. Meme coin investment carries high risks, so caution is advised.

【Blockchain Rhythm】On January 12th, there is a noteworthy development—seven UK parliamentary committee chairs jointly pressured the government to explicitly ban cryptocurrency political donations in the upcoming Electoral Bill.
What is the main reason? Liam Byrne, chair of the Business, Energy and Industrial Strategy Committee, and others are concerned that crypto funds entering political donations could undermine transparency and traceability of funding flows, and may also open the door for foreign capital to interfere in UK politics. The Labour government actually agrees with this risk, as election integrity is no small matter. However, due to the complexity of implementation, the bill may not include this ban in the short term.
Interestingly, there is a contrast. Last year, Reform UK became the first party in the UK to accept Bitcoin donations, with leader Nigel Farage framing this move as part of a "cryptocurrency revolution." Now, while regulators are tightening controls, political parties are exploring.

ADA's recent market activity has decreased, with a 37.56% drop in 24-hour trading volume, but open interest has slightly increased, indicating a possible market adjustment. In terms of price, a breakthrough above $0.483 is needed to aim for $0.65. Meanwhile, the Leios proposal is progressing smoothly, and the SEC is expected to decide on Grayscale's Cardano spot ETF application by early 2026, which will have a positive impact on ecosystem development.

The enthusiasm for cryptocurrencies among the Russian public continues to rise, with recent data showing that crypto-related issues have become a hot topic in customer inquiries. Although official regulations stipulate that pensions and social payments can only be settled in rubles, Russia has become Europe's largest crypto market, receiving $376.3 billion in crypto assets between 2024 and 2025, a year-over-year increase of 48%. DeFi activities have also grown significantly, demonstrating users' strong interest in Web3.

On January 11th, celebrity whale Huang Licheng opened a new ZEC long position with a position size of $350,000, entry price of $378.9956. In addition, he holds a $34 million ETH long position and a $2.5 million HYPE long position. His portfolio is primarily Ethereum-based, and subsequent changes are worth monitoring.

【BitPush】ETH's recent market performance is quite good. As of the latest quote, the Ethereum to USDT trading pair is hovering around $3093. The recent 24-hour increase is modest but still positive, up 0.2%. When the market is stable, it's a good time to look for any opportunities.

The ratio of the total market capitalization of the US stock market to GDP (Buffett Indicator) has recently reached a historical high of 223%-230%, far exceeding the historically reasonable level of 80%-120%. This phenomenon warns investors to pay attention to market valuation bubbles.

Platform X has recently experienced a surge in cryptocurrency-related posts, with robot-generated content exceeding 7.74 million posts, a 1224% increase month-on-month. To cope with the content overload, the platform's algorithm has blocked a large number of posts, affecting users' experience in discussing cryptocurrency trends.

Recently, a transfer of over 21 million ETH, worth approximately $65 million, was made to the deposit contract on the Beacon Chain. This may reflect institutional or large holder confidence in the future staking yields, which is worth market attention. Large on-chain liquidity often reveals funding intentions in advance.

Bitcoin has recently shown bullish signals on the technical front, with the 20-day moving average breaking above the 50-day moving average, indicating strengthening short-term buying momentum. The price is expected to test the key resistance level of $89,400, and whether it breaks through depends on trading volume and buying activity. The short-term signal is bullish, but caution is advised regarding risks.

Some seemingly legitimate trading platforms are becoming channels for sanctions evasion, with two UK exchanges handling approximately $1 billion worth of USDT, and 87% of trading volume directed towards sanctioned entities. Stablecoins are convenient but also facilitate money laundering; users need to choose platforms with anti-money laundering mechanisms to avoid being involved in risks. On-chain transparency reveals issues, but risks still exist.

After the launch of the XRP spot ETF, it attracted over $1 billion in funds, but industry insiders are concerned about its growth potential, believing that the lack of ecosystem builders will limit the token's value appreciation. Large institutions are indifferent towards XRP, considering its development to depend on more developer participation, and that funding alone is not enough to sustain the momentum.

Federal Reserve's Barkin stated that the U.S. labor market is slowing down, with only 50,000 new jobs added, and the unemployment rate slightly decreased to 4.4%. The supply and demand for labor are still seeking balance, but the unemployment rate may rise, and high inflation limits policy space. These data suggest that worsening economic indicators could impact the attractiveness of risk assets in the crypto market.

【Crypto World】 Investing 200 billion USD into mortgage-backed securities sounds quite impressive, but in the face of a 3 trillion USD digital asset market, this amount isn't actually significant. The key point is that the market shouldn't expect money to automatically flow into high-risk assets like cryptocurrencies — that's not how reality works.
Once mortgage rates decline, household budgets do ease up, but the released funds usually go to only two places: either saved or spent on daily consumption. The appeal of venture capital isn't strong enough. Many people think that loose liquidity automatically means buying pressure, but that's a misconception.
The real signals that can influence the market come from the long-term behavior of institutions — for example, pension funds starting to adjust their asset allocation strategies, or continuous net inflows into spot ETFs. These are the genuine turning points in trend. A one-time liquidity injection? Mostly short-term hype, with little long-term influence. Who is actually building positions with real money? That’s what’s truly worth paying attention to.