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At 10:30, 12 million TRX were transferred from Cobo.com to an anonymous address, according to ChainCatcher. The initial recipient then moved 12,000,032 TRX to another anonymous address. The transactions highlight ongoing activity in the cryptocurrency market.

Bitcoin traders are preparing for a possible U.S. government shutdown starting January 31, with prediction markets indicating up to an 80% chance of it occurring. According to NS3.AI, such a shutdown could delay the release of crucial economic data, heightening market uncertainty and potentially causing ETF outflows that may negatively affect Bitcoin prices. The extent of the shutdown's impact on Bitcoin could vary, with price fluctuations ranging from a minor 3% decrease to a significant 30% drop, potentially bringing prices down to $60,000.

Axie Infinity (AXS) has experienced significant price fluctuations, with a recent surge of 41% followed by a decline of over 17%. According to NS3.AI, this volatility indicates potential short-term pullback risks. Despite the recent downturn, whale investors have increased their holdings by approximately 160,000 AXS tokens, reflecting confidence in the asset's long-term potential.

Key momentum indicators and price support levels suggest that while buyers currently dominate the market, there are stronger correction risks if the price fails to maintain above the critical support level of $2.54. This situation highlights the ongoing tension between bullish sentiment and the possibility of further price corrections.

According to the announcement from Binance, the Bitcoin Button Game is set to make a comeback, offering participants the chance to win 1 BTC. The activity period is scheduled to begin on 2026-01-23 at 16:10 (UTC) and will continue until the timer reaches 00:00 without interruption or 60 days after the game starts. Participants must register on the activity landing page, and the game will commence once 50,000 participants have joined. Each user will receive five free click attempts, and the countdown begins at 60:00. If another user clicks before it hits 00:00, the countdown resets. To win, a participant must click the button and have the timer reach 00:00 without interruption.

Participants can earn additional attempts through various tasks. These include daily sharing tasks, trading tasks, and referral tasks. For trading tasks, users must accumulate specific trading volumes across different Binance platforms. The referral task requires inviting friends to join Binance and complete a trade of at least $50. Rankings are determined by how close users get to 00:00 before being interrupted. If no one reaches 00:00 by the end of the activity, the user closest to it will win the grand prize. In case of a tie, the prize will be split equally among the top-ranking users. Rewards will be distributed as token vouchers within two weeks after the activity concludes, and winners must redeem them before expiration. Binance reserves the right to disqualify participants for dishonest behavior or interference with the program. The activity is subject to terms and conditions, and users must complete KYC to be eligible for rewards. Certain trading pairs are excluded from the campaign, and the activity may not be available in all regions.

On January 23, Axie Infinity ecosystem tokens AXS and SLP have experienced significant growth over several weeks. According to BlockBeats, AXS has surged over 247% in the past 30 days, raising its market capitalization to $748 million, while SLP has increased by more than 42%, reaching a market cap of $38.48 million.

The primary driver behind this surge is the aggressive tokenomics reform introduced by Axie Infinity's developer, Sky Mavis, at the beginning of 2026. Starting January 7, the emission of SLP in the Origins mode was completely halted, effectively disrupting the 'farm-and-dump' cycle of automated bot farms. This move significantly reduced the daily supply of SLP, decreasing inflationary pressure by over 30% and alleviating long-term selling pressure.

Additionally, Sky Mavis introduced bAXS (Bonded AXS), a non-transferable token that replaces the previous freely tradable AXS game reward mechanism. The new token is bound to player accounts and can only be used for in-game consumption, staking, or governance. Players with high reputations benefit from lower transaction fees when selling, aiming to reward genuine players rather than short-term speculators, further creating supply contraction expectations and curbing bot proliferation.

These structural changes are considered the largest economic model overhaul for Axie Infinity since its peak in 2021. Co-founder Jihoz emphasized that 2026 will involve taking 'greater risks,' including upcoming content updates like Atia's Legacy MMO Beta, to revitalize player engagement and ensure ecosystem sustainability.