LiquidityWitch

【Crypto World】Interesting data has arrived——Cango Inc now holds 7,758 Bitcoins, ranking 15th in the list of publicly traded companies' BTC holdings. From another perspective, this holding is worth approximately $242.9 million, with each share implicitly backing 0.00004504 Bitcoins. This indicates that more and more publicly traded companies are treating Bitcoin as a standard asset for hedging inflation and diversification. Cango Inc's move reflects institutional investors' continued optimism about the long-term value of Bitcoin.

VanEck Digital Asset Research Director Matthew Sigel expressed dissatisfaction with The New York Times report, claiming it took CEO Jan van Eck's words out of context. In fact, Jan van Eck merely indicated that VanEck is not adopting the DAT strategy for now, but does not have a bearish outlook on Strategy Inc. VanEck still holds Strategy shares and continues to increase its holdings, demonstrating that its true stance contradicts the report.

Senior trader Eugene shared his position updates, having mostly liquidated his altcoin long positions due to underperformance and choosing to take profits. At the same time, he maintains a stable Bitcoin long position and increases cash holdings in preparation for the next opportunity. This strategy is quite common in the current market environment.

Bitcoin faces two key price levels: a drop below $94,000 will trigger $442 million in concentrated liquidations; if it holds above $96,000, the bearish pressure reaches $250 million. The liquidation data reflects the market impact, with taller bars indicating higher volatility.

Elon Musk considered raising funds for OpenAI through an ICO in 2018, reflecting the cryptocurrency boom at the time. But he ultimately realized that this approach was not feasible and chose to focus on Tesla's AI development, demonstrating the enthusiasm and complexity of that period.

A Hong Kong fintech company has completed Series D funding of $220 million, aiming to expand into Southeast Asia and pursue strategic acquisitions. This funding reflects traditional financial institutions' recognition of Web3 and digital banking, especially in Southeast Asia where financial demand is high and growth potential is strong. The financing will support market expansion and integration, signaling the industry entering a mature stage.

【Blockchain Rhythm】Interesting on-chain activity. Recently, a new wallet was detected that was just created not long ago. Three hours ago, it directly withdrew 76,661 ZEC from a major exchange all at once, equivalent to about 31.65 million RMB. This is a significant amount. Such aggressive moves by a new wallet suggest either a large holder diversifying risk or someone building a position. As a privacy coin, large withdrawals like this often attract attention from the on-chain community. We'll watch to see how this wallet operates and if it takes further actions.

【Crypto World】Recent on-chain activities have been quite frequent. The Treasury Department of the stablecoin USDC has conducted a large-scale minting operation, creating over 65 million USDC in a single transaction, with a corresponding USD value of approximately $65.75 million. Such large-scale minting actions often reflect changes in market demand for stablecoins and are an important reference for market liquidity.

【Crypto World】On-chain data shows that the USDC issuer has just transferred 300 million USDC to a compliant platform, equivalent to approximately $2.999556 billion at the current price. This large stablecoin transfer has once again attracted market attention—actions at the Treasury Department level often indicate institutional funds reallocation. From on-chain data, such USDC flows in the hundreds of millions have become a daily occurrence in the market, but each transaction is worth tracking, especially when it involves transfers to well-known trading platforms.

【Blockchain Rhythm】On January 16, a major exchange announced the postponement of the launch of the AIA USDT perpetual contract. The specific launch date will be announced later by the official. The contract was originally scheduled to go live soon, but the reason for the delay has not been disclosed.

A major regional bank released its earnings report, with the stock price plunging 9.5% to $27.20, due to Q4 adjusted EPS falling below expectations at only $0.57, with the effective tax rate soaring to 24.5%. Despite poor quarterly performance, annual revenue and adjusted EPS both increased, with core business remaining stable; the market reaction may be excessive.

【BlockBeats】On January 16, news came out that the Director of the National Economic Council at the White House, Hassett, announced a new initiative—he has negotiated with several major banks regarding credit card products. According to the plan, these banks will launch a brand new "Trump Card." This move marks the government's active exploration of financial product innovation. The banks have shown a clear cooperative attitude towards this, preparing to include this new card type in their product lines. Such policy-driven financial products often reflect the direction of macroeconomic policies and may also have a certain impact on overall market sentiment.

A well-known cryptocurrency exchange has signed a multi-year partnership agreement with the Ferrari F1 team, marking a deepening of the crypto industry's involvement in traditional sports. This collaboration connects global audiences through event activities and digital platforms, showcasing the integration of crypto innovation with Ferrari's performance culture. More similar cross-industry collaborations are expected to emerge in the future.

The founder of a well-known investment institution predicts that by 2026, the US economy will rebound driven by policy easing, tax cuts, and AI technology, with productivity growth expected to reach 4%-6%. Investors are advised to focus on Bitcoin and AI investments at the application layer to cope with asset revaluation driven by technology.

LiquidChain is a project aimed at solving blockchain fragmentation, utilizing a three-layer network architecture to connect assets across Bitcoin, Ethereum, and Solana. Currently, the $LIQUID token presale is underway, with the team committing 35% of the total supply to development and implementing a staking model with decreasing APY. The project's success depends on market feedback and execution capability.

The current 8-hour average funding rate for ETH across the entire network is 0.003%, with significant differences between exchanges. Ranging from 0.0022% to 0.0081%, these disparities can have a considerable impact on the long-term profits of frequent traders. Therefore, funding rates are an important factor to consider when choosing an exchange.

YGG has completed the migration of 25 million tokens from Ethereum to the Abstract chain, with a total value of approximately $1.7 million. Users can exchange YGG on Abstract DEX, participate in the YGG Play platform, purchase LOL tokens, or wait for new issuance opportunities. This move demonstrates YGG's multi-chain expansion strategy.