Data from Coinglass shows Binance accounting for the bulk of withdrawals, with more than 123,200 ETH leaving the exchange, followed by Bybit and OKX. Gate was the only major platform to record a notable inflow, adding just over 5,700 ETH. Large exchange outflows are typically associated with investors moving assets into self-custody or long-term storage. While not a guarantee of upside, the scale and concentration of withdrawals point to reduced short-term sell pressure. Network Scaling Narrative Meanwhile Ethereum continues to expand its data capacity through incremental but meaningful protocol upgrades.…
Category: Reviews
World Liberty Financial Applies for National Banking Charter
Key Notes The World Liberty Trust Company (WLTC) will directly issue, custody, mint, and redeem its USD1 stablecoin under a regulated framework. The firm says institutional adoption of USD1 has accelerated sharply due to cross-border payments, settlement, and treasury operations. If approved, the trust bank would operate under the GENIUS Act with enhanced AML and sanctions controls. Crypto firm World Liberty Financial, a Trump-family venture and closely linked to US President Donald Trump, applied for a national banking charter on Wednesday, Jan. 7. The latest report shows that they have…
XRP Price Gives Back Upside, Market Watches Support Closely
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Has a Short-Term Top Formed?
Ethereum price failed to clear the $3,300 resistance and dipped. ETH is now showing a few bearish signs and might decline toward $3,080. Ethereum started a downside correction below $3,240 and $3,200. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $3,200 zone. Ethereum Price Trims Gains Ethereum price failed to…
a16z Crypto Invests $15M in Babylon to Advance Native Bitcoin Collateral
Key Notes a16z crypto’s investment signals confidence in Bitcoin’s evolution as programmable collateral for decentralized financial markets. BTCVaults aims to eliminate counterparty risks associated with custodial lending and wrapped token approaches like WBTC. BABY token surged 4.8% following the announcement, with trading volume hitting $48 million across major exchanges. The bitcoin staking platform Babylon has announced that a16z crypto is investing $15 million. The funding will support the development and scaling of Babylon Trustless Bitcoin Vaults (BTCVaults), a system intended to enable native Bitcoin BTC $90 811 24h volatility: 1.3%…
Fireblocks Acquires Tres Finance For $130M to Build Unified Digital Assets Operating System
Key Notes The acquisition creates what Fireblocks calls the first unified operating system for digital assets security and compliance. Integration comes as US tax filing deadlines approach with updated IRS cryptocurrency guidance under new regulatory frameworks. Global tax transparency intensifies as 48 countries implement CARF requirements for crypto service providers to report user transactions. Cryptocurrency infrastructure and digital assets security firm Fireblocks has acquired onchain accounting firm Tres Finance in a deal reportedly worth $130 million in cash and equity. The deal brings Tres Finance’s deep suite of accounting, auditing,…
Polymarket Strikes Major Deal With Dow Jones, WSJ to Distribute Prediction Data
Key Notes Polymarket’s data will appear in WSJ, Barron’s, and Investor’s Business Daily for earnings forecasts and market predictions. The partnership marks prediction markets’ growing acceptance despite ongoing debates about gambling regulation and insider trading concerns. Industry leaders like Brian Armstrong and Vitalik Buterin defend the platforms’ value as information sources rather than pure gambling venues. Polymarket has announced another significant partnership, now agreeing to distribute prediction data to Dow Jones outlets, which include The Wall Street Journal (WSJ), Barron’s, and Investor’s Business Daily. The breaking news was given by…
Crypto.com Integrates Lynq Network to Enable Real-Time Institutional Settlement
Key Notes Institutional clients gain 24/7/365 funding capabilities, removing the traditional banking hours constraint and weekend dormancy periods. Off-exchange collateral management allows firms to maintain smaller on-exchange balances while accessing full trading capacity instantly. Yield-in-transit functionality ensures clients continue earning interest during transfers and settlements, eliminating yield-breaking events. Crypto.com has fully integrated the Lynq network’s real-time settlement solution, bringing instant funding and settlement, off-exchange collateral, and yield-in-transit features to the exchange’s institutional clients. According to a Jan. 7 press release, Lynq was “built by the industry, for the industry” with…
Coinbase to List Solana’s Leading DEX Token RAY Plus 3 Other Cryptocurrencies
Key Notes Coinbase now tracks nine potential listings, including Solana DEX protocol Raydium and DePIN project Energy Network among the latest additions. RAY and ENERGY operate on Solana while ELSA and FUN run on Base, with specific contract addresses provided for accurate identification. Trading launches remain conditional on adequate market-making partnerships and sufficient technical infrastructure being established. Coinbase added four cryptocurrency tokens to its listing roadmap and plans to execute the trading launch once they meet certain conditions. The four tokens include Solana’s decentralized exchange Raydium (RAY), Energy Dollar (ENERGY),…
Tony Volpon Launches Yield-Sharing BRD Stablecoin
Key Notes BRD joins Crown’s BRLV as a yield-bearing stablecoin backed by Brazilian government bonds. Volpon served as Brazil Central Bank Deputy Governor from 2015-2016 before founding CF Inovação in 2023. Brazil’s new stablecoin regulations take effect February 2, 2026, classifying such transactions as foreign-exchange operations. Former Brazil Central Bank official Tony Volpon announced BRD, a stablecoin pegged to Brazil’s currency that shares interest earned from its government bond reserves with holders. The product enters a market where Brazil’s benchmark Selic interest rate stands at 15%, the highest level since…