2026-01-13 03:21:40

The market has been quite active these past couple of days. Bitcoin remains steady above $92,000, looking somewhat stabilized. But the more interesting stories are below the surface.

First, let's talk about regulation. The Thai Prime Minister recently took strong action, tightening digital asset controls, enforcing the "Travel Rule" more strictly, and establishing a national data bureau to track suspicious transactions. Meanwhile, Dubai's DFSA also made new moves, updating the crypto token framework to clarify regulations and fee standards for stablecoins. This indicates that countries are shifting from a wait-and-see attitude to proactive management of digital assets.

And what about institutions? Their stance is quite intriguing. BlackRock is positioning stablecoins as foundational infrastructure for payments and settlements, even giving it a trendy name—"Digital Dollar Track." Data from Revolut is more direct—the growth rate of stablecoin trading volume has surged by 156%, four times the overall payment growth, with total transfers exceeding $15 billion. Money is truly flowing into stablecoins.

On the technical side, the Ethereum Foundation has listed zero-knowledge technology as a core part of its mid-term roadmap, sending a clear signal. The dYdX community approved the V4 proposal, meaning the DYDX token will migrate to the dYdX Chain. Arbitrum isn't lagging—community votes to implement AIP 6, launching a parliamentary election system, and plans to reward active protocols with 75 million ARB tokens. The ecosystem is moving, and competition is intensifying.

There are also risk points to watch. An address linked to FTX recently unstaked 195,000 SOL, worth about $27.98 million, which could create selling pressure. On the other hand, Bitmine has staked 109,500 ETH, valued at $340 million. Major exchanges have integrated Maverick Protocol, enabling deposits and withdrawals, but have also delisted 20 spot trading pairs—such adjustments are quite common.

On the data front, the Blend NFT lending protocol's trading volume has surpassed $2 billion, demonstrating the resilience of Web3 finance. Tether's CTO has suggested that exchanges should reinvest profits into Bitcoin—this reflects large institutions' long-term confidence in Bitcoin's prospects.

Overall, from policy to institutions to technology, this cycle's story is deepening. Stablecoins are rising, Bitcoin is stabilizing, and the ecosystem is fragmenting.

BTC1,84%

ETH2,26%

DYDX7,29%

ARB5,89%

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ImpermanentPhobia

· 13h ago

Stablecoin trading volume increased by 156%, is the money really flowing into stablecoins? FTX's 195,000 SOL unstaking, are they about to start dumping again? Zero-knowledge technology roadmap laid out, Ethereum's move is quite strategic. Revolut has transferred a total of $15 billion, this data is really unsustainable. Arbitrum issued a $75 million ARB reward, everyone is competing for the ecosystem. Tether CTO suggests exchanges invest in Bitcoin, is he hinting at something? Will Thailand's recent regulations force funds to move to other chains? BlackRock says stablecoins are infrastructure, the attitude of big institutions has shifted. NFT lending has surpassed $2 billion, is there a chance to buy the dip? All countries are actively managing, how can small investors still play?

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GasFeeTherapist

· 13h ago

Stablecoins are really about to take off this time, with a 156% growth rate that's unbelievable Is FTX dumping again? This day never seems to end How much real ecosystem can be exchanged with the 75 million ARB spent on Arbitrum? Question mark Tightening in Thailand? It should have been done long ago, or it would be chaos BlackRock launching a "Digital Dollar Track" sounds pretty sketchy $15 billion circulating in stablecoins, the money really has nowhere to go Zero-knowledge Ethereum is making a bold move, about to start a surge The 195,000 SOL tokens dumped might make things tough in the short term Can dYdX migrate chains? Honestly, it's a bit uncertain Web3 finance is already hard to survive, but Blend still has a $2 billion trading volume, which is impressive

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OnchainGossiper

· 13h ago

Stablecoins are really taking off this time, money flowing in rapidly. That guy from FTX has unstaked again, is he trying to crash the market? BlackRock gave stablecoins a name just like naming a son, it seems they are really optimistic. Thailand and Dubai are acting simultaneously, this time regulation is serious. ARB rewards are 75 million, the ecosystem is also fighting fiercely. Revolut's data is outrageous, stablecoin growth rate is four times the overall payment? The gap is quite large. Holding at 92,000 is good, don't let it oscillate again, I'm getting dizzy. NFT lending has surpassed 2 billion, Web3 still has resilience, but that statement might be a bit optimistic. Tether's words sound like a hint to their own people. Is Ethereum working on zero-knowledge proofs to prepare a big move?

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DefiEngineerJack

· 13h ago

tbh the FTX sol dump timing is *chef's kiss* — empirically speaking, anyone not front-running that liquidation cascade has fundamentally misunderstood order flow dynamics. show me the formal proof this doesn't crater the ecosystem 🤷

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HalfBuddhaMoney

· 13h ago

Stablecoins are surging too strongly this time, with a 156% growth rate that’s hard to sustain. BlackRock is working on the "Digital Dollar Track," quite interesting. FTX’s 195,000 SOL investment is coming in, we need to be cautious. Tighter regulation is the trend, but institutions are still making moves, which is contradictory. dYdX and Arbitrum are so competitive, the ecosystem is definitely being reconstructed. Blend’s transaction volume surpassing 2 billion is impressive; Web3 finance is doing well. Ethereum is working on zero-knowledge proofs, laying the groundwork for the future. Thailand and Dubai are both involved; regulation is becoming serious. A $15 billion stablecoin transfer, where the money is going is clear. Bitmine’s 340 million ETH staked, what are the big players betting on?

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SorryRugPulled

· 14h ago

The wave of stablecoins is really taking off, and institutions are all betting on it. --- FTX is still dumping SOL? How long will this shadow last? --- Thailand and Dubai are taking action together, pushing everyone towards compliance. --- 156% growth? Revolut's data is truly impressive; stablecoins are no longer just a concept. --- Zero-knowledge proofs are now a focus for Ethereum; privacy is finally being prioritized. --- Arbitrum issued 75 million ARB, probably to invest in ecosystem development. --- Looking at it, Bitcoin should rise to 92k; the fundamentals are right here. --- Blend has surpassed 2 billion in trading volume, indicating real demand for DeFi lending. --- dYdX is migrating chains; this move might change the industry landscape. --- Big institutions are buying Bitcoin, while retail investors are still hesitating—ironic. --- With stricter travel rules, smaller coins might find it even harder to survive.

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