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According to BlockBeats, on January 12, trader James Wynn, known by the identifier 0x507, has experienced substantial financial setbacks. Wynn, who previously faced near-bankruptcy, closed a leveraged position on PEPE with a 10x leverage, resulting in a drastic reduction of his total holdings from $2.45 million a week ago to approximately $240,000, marking a decline of over 90%. His account balance also fell from $800,000 to around $35,000.

Earlier, on January 8, Wynn underwent 12 liquidations, significantly reducing his holdings multiple times. His recent trading activities have led to a weekly cumulative loss of $640,000. Wynn's primary positions include a 25x leveraged ETH position with a holding size of $680,000, incurring a floating loss of $150,000 (-116%), with an average price of $3,252 and a liquidation price of $3,110. Additionally, his 10x leveraged PEPE position, initially valued at $2.45 million, has a floating loss of $450,000 (-73%), with an average price of $0.0062 and a liquidation price of $0.0057.

On January 1, Wynn publicly predicted that PEPE's market capitalization would surpass $69 billion by 2026, pledging to deactivate his social media account if this target is not met. Currently, PEPE's market capitalization stands at approximately $2.8 billion.

According to BlockBeats, on January 12, Wall Street firm Bernstein highlighted in its latest analysis report that the window for passing the U.S. crypto market structure legislation is rapidly closing as lawmakers face growing divisions between the banking and crypto industries over stablecoin yield issues.

Analyst Gautam Chhugani noted in a report to clients on Monday that while the core elements of the Clarity Act, including the distinction between digital commodities and securities and the regulation of decentralized finance, are contentious, these issues are unlikely to impede its progress. The main obstacle, according to the analyst, is the banking sector's attempt to limit crypto platforms from offering stablecoin yield balances. Although the GENIUS Act, signed into law last year by U.S. President Donald Trump, prohibits stablecoin issuers from directly paying yields, it still allows crypto platforms and their affiliates to distribute yields to users, typically ranging from 2% to 4% annually.

The banking industry views these incentives as a threat to traditional deposits, as the stablecoin market could grow from its current size of over $275 billion to several trillion dollars, becoming a 'systemically important' sector. The crypto industry argues that revisiting this issue would undermine the hard-won legislative compromise of the GENIUS Act and is anti-competitive and anti-free market.

Both sides see this issue as a critical red line, and failure to reach a compromise soon could increase the risk of the legislation being delayed or failing. Bernstein added that political timing is crucial, and the legislation needs to make progress by the second quarter of 2026 at the latest to avoid being disrupted by midterm election dynamics. The firm noted that the pro-crypto stance of the Trump administration provides an advantage for the industry but warned that if the yield dispute persists, momentum could still stall. Chhugani emphasized that the current period is a 'critical window.'

According to Foresight News, the SlowMist security team has released an analysis report on the security incident involving Truebit Protocol. On January 8, Truebit Protocol was attacked due to an integer overflow vulnerability in its Purchase contract, allowing the attacker to mint TRU tokens at nearly zero cost and steal 8,535 Ethereum. The root cause was identified as the lack of overflow protection mechanisms in the contract, leading to incorrect price calculations. The stolen funds were subsequently transferred to Tornado Cash. It is recommended that contracts compiled with versions of Solidity prior to 0.8.0 should always use SafeMath to protect all arithmetic operations and prevent overflow-related logical defects.

According to Odaily, Helius CEO Mert stated on the X platform that AI provides Solana with a significant competitive advantage in development. Solana's programming model is considered safer for AI compared to the EVM interface model. On Solana, most operations, especially core functions like token creation, exchange, and movement, do not require new contract writing. This allows developers to reuse existing pipelines on the client side without needing new security audits, thereby accelerating development speed. Developers can integrate existing pipelines, exchanges, and token hooks with minimal prompts. Additionally, the previous disadvantage of Solana's contract writing difficulty due to the low abstraction level of the Rust language has been effectively mitigated by AI. It is anticipated that several startups with valuations ranging from $1 billion to $10 billion will emerge on Solana this year.

According to PANews, QCP Capital's analysis indicates that Bitcoin, gold, and silver experienced simultaneous gains during the Asian market's early trading hours, driven by a significant weakening of the U.S. dollar. The market perceives the U.S. Department of Justice's subpoena and criminal charges threat against the Federal Reserve as retaliation against its policy independence. Although the event's economic impact is limited, it raises concerns about central bank independence, increasing demand for alternative value reserves.

Gold and silver continued their upward trend, while Bitcoin initially rose but failed to surpass $92,000, subsequently declining as the European market opened, following a pattern observed in the fourth quarter of last year. The derivatives market also shows a delay in bullish sentiment, with investors opting to extend high-priced call options to March.

The market's attention is now focused on the U.S. Consumer Price Index (CPI) release on January 13 and the Supreme Court's tariff ruling on January 14.

According to PANews, recent data from CoinShares reveals that digital asset investment products saw a net outflow of $454 million last week. Over the past four days, the cumulative outflow reached $1.3 billion, nearly offsetting the $1.5 billion inflow recorded at the beginning of the year. This trend is largely attributed to diminished expectations of a Federal Reserve rate cut in March.The U.S. market experienced a net outflow of $569 million, while Germany, Canada, and Switzerland recorded inflows of $58.9 million, $24.5 million, and $21 million, respectively. Bitcoin and Ethereum saw outflows of $405 million and $116 million, respectively. In contrast, Solana, XRP, and Sui experienced inflows of $32.8 million, $45.8 million, and $7.6 million, respectively.

According to ChainCatcher, official announcements reveal that the SUN brand is on the verge of completing a strategic renewal and upgrade. This move signifies the beginning of a new phase of development for SUN, with a clearer and more solid strategic blueprint and development path. Moving forward, SUN aims to use this as a new starting point, maintaining a firm direction and collaborating with various partners to create sustainable value and achieve a prosperous future.

According to ChainCatcher, ING foreign exchange strategist Francesco Pesole stated in a report that the U.S. dollar is at risk of a significant decline following a subpoena issued to the Federal Reserve by the U.S. Department of Justice over headquarters renovation cost overruns.

Pesole highlighted that this development has reignited market concerns about the Federal Reserve's independence and could potentially trigger a renewed 'sell-America' trade. He emphasized that any further attempts to interfere with the Federal Reserve's independence would pose considerable downside risk to the dollar.

According to Odaily, SolanaFloor announced on the X platform that the financial regulatory authority in Dubai has prohibited the use of privacy tokens within the Dubai International Financial Centre. The decision was made due to concerns over anti-money laundering and sanction risks. The updated regulations also ban the use of mixers such as Tornado Cash.

According to Foresight News, Caixin has updated its report on the extradition of Southeast Asian gambling figure She Lunkai, revealing details about his blockchain project, "Asia Pacific New City." The project's sole partner is Singapore-based blockchain company BCB Innovation Ltd. The Fincy payment software, based on the BCB blockchain, is promoted within Asia Pacific New City, aiming to create a Southeast Asian version of WeChat. Fincy and BCB share the same parent company and have similar shareholder members, offering fiat and digital currency exchange transactions and online gaming.

Industry experts have pointed out that by providing currency exchange and online gaming, the project introduces numerous unrelated participants, breaking down large sums of money into smaller amounts. These funds eventually converge on a gambling platform disguised as a gaming site, significantly weakening the oversight of financial flows.

According to ChainCatcher, the VIX index has reached a three-week high, with the latest report showing a rise to 16.55 points, an increase of 2.06 points.

According to ChainCatcher, Goldman Sachs Chief Economist Jan Hatzius has expressed concerns that the recent news of U.S. Federal Reserve Chair Jerome Powell facing a criminal investigation could intensify worries about the Fed's independence. Hatzius anticipates that the Federal Open Market Committee (FOMC) will continue to make interest rate decisions based on its statutory responsibilities and economic data.

According to Cointelegraph, Future Holdings AG, a Bitcoin treasury company based in Switzerland and supported by industry veteran Adam Back, has entered into preliminary terms for a potential acquisition by Sweden-listed H100 Group. On Monday, Future Holdings announced it had signed a non-binding letter of intent with H100, which outlines the acquisition of 100% of its shares.

Richard Byworth, chairman of Future Holdings, stated in a joint announcement that merging with H100 would establish a public-market platform and governance framework crucial for building long-term institutional credibility in the Swiss market. This proposed acquisition follows the establishment of Future Holdings in November 2025 by Back, Byworth, and Sebastien Hess, during which the company raised $35 million for its Bitcoin treasury. Additionally, Back extended a $2.1 million convertible loan to H100 in June 2025, with an option to invest an additional $12.8 million.

The acquisition price for Future Holdings has been set at approximately 375,000 Swiss francs, or roughly $471,000, plus the company's cash balance at closing. Based on Future's current cash position, the total purchase price is anticipated to be around 600,000 Swiss francs, or approximately $753,000. The payment is expected to be made in newly issued H100 shares at the closing price on the last trading day before the letter of intent.

The transaction is subject to due diligence, negotiation of definitive agreements, and obtaining necessary corporate and regulatory approvals. The companies anticipate that the signing and closing will occur in January 2026. For H100, this acquisition represents a significant step in its strategy to expand beyond the Nordic region and establish itself as a leading Bitcoin treasury and financial platform in Europe.

Sander Andersen, chairman of H100, expressed that the transaction supports H100's expansion into Switzerland, highlighting Future Holdings' local expertise and the importance of Switzerland as a market for institutional investors exploring new capital allocation strategies. Besides Future and H100, Adam Back has supported several Bitcoin treasury companies, including the French treasury Capital B and The Bitcoin Standard Treasury. During a surge in Bitcoin treasuries in the summer of 2025, Back referred to Bitcoin adoption by public companies as the "new altcoin season" for crypto speculators.

On Jan 12, 2026, 09:31 AM(UTC). according to Binance Market Data, PAXG has achieved a new all-time high, trading at 4,602.75 USDT. The 24-hour increase of 1.79%

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.09T, down by 0.36% over the last 24 hours.Bitcoin (BTC) traded between $90,236 and $92,520 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $90,810, up by 0.05%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FXS, REZ, and AMP, up by 29%, 11%, and 10%, respectively.Top stories of the day:Upcoming Key Events in Crypto Market on January 15South Korea Lifts Nine-Year Ban on Corporate Cryptocurrency InvestmentsCrypto M&A Transactions Expected to Surpass Record $37 Billion in 2026Spot Silver Sees Significant Daily IncreaseUSD/JPY Reaches Highest Level Since January 2025 A-Share Market Sets New Single-Day Trading Record Cryptocurrency Content Views on YouTube Reach Lowest Level Since January 2021 Bitcoin and Precious Metals Rise Amid Dollar Weakness Digital Asset Investment Products Experience Significant Outflows Amid Fed Rate Expectations Dubai Financial Regulator Bans Privacy Tokens in Financial CenterMarket movers:ETH: $3116.72 (+0.33%)BNB: $901.99 (-1.43%)XRP: $2.0459 (-2.32%)SOL: $139.95 (+2.36%)TRX: $0.2984 (-0.27%)DOGE: $0.13677 (-2.50%)WLFI: $0.1653 (-1.78%)ADA: $0.387 (-1.25%)BCH: $627.2 (-3.73%)WBTC: $90604.12 (+0.05%)

According to ChainCatcher, major technology stocks saw a decline in pre-market trading. Nvidia shares fell by 1.2%, Google C dropped 0.95%, Oracle decreased by 1.7%, and Intel experienced a 2% decline.

According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has extended the decision period for two cryptocurrency-related exchange-traded funds (ETFs) and opened public comments on a third crypto fund option. The SEC announced in the Federal Register that it will prolong the consideration of proposals to list the Canary Pudgy Penguins (PENGU) ETF on Cboe BZX and the T. Rowe Price Active Crypto ETF on NYSE Arca. Both applications follow the SEC's standard 19b-4 process, which allows the regulatory body to extend the initial decision window by up to 45 days.

According to BlockBeats, on January 12, HyperInsight reported that investor Huang Licheng, known as 'Maji Da Ge,' closed a long position in HYPE 15 hours ago, incurring a loss of approximately $450,000. Subsequently, he opened a new long position with 21,888.88 HYPE tokens at ten times leverage, currently facing a floating loss of $1,300.

The details of his positions are as follows:

He has a long position with 10,900 ETH at 25 times leverage, with a liquidation price of $3,001.40, resulting in a floating loss of $150,000.

Additionally, he holds a long position with 1,688.88 ZEC at ten times leverage, facing a floating loss of $8,000.

Lastly, his long position with 21,888.88 HYPE tokens at ten times leverage is experiencing a floating loss of $1,300.

According to BlockBeats On-chain Detection, on January 12, an address labeled as '30 Times Long Attempts' (0x8d0E) quickly established a new short position in Bitcoin (BTC) and subsequently increased its short holdings. Initially, the address opened a short position of 69.34 BTC at approximately $91,091.7. About four minutes later, as the price of BTC declined, the address added 31.56 BTC to its short position, bringing the total value to approximately $2.842 million. After rolling over the position, the total BTC short position reached $9.1553 million, with an average holding price reduced to $91,022.30 and a current floating profit of about $28,900. The liquidation price is set at $146,687.61.

Since the significant drop on October 11, this address has frequently engaged in intraday long trades, accumulating over 30 attempts by December, generally resulting in substantial losses with minor gains.

On Jan 12, 2026, 08:48 AM(UTC). According to Binance Market Data, BNB has dropped below 900 USDT and is now trading at 899.75 USDT, with a narrowed 1.74% decrease in 24 hours.