整理:ChainCatcher


Important News:

  • Galaxy Research Director: Key hearings on cryptocurrency market structure legislation will take place next week, and bipartisan lawmakers may propose amendments.

  • Data: Bitcoin spot ETF experienced a net outflow of $1.33 billion this week, marking the second-highest in history.

  • VanEck Avalanche spot ETF will be listed on NASDAQ.

  • Zhao Changpeng: Memoir may be published at the end of February or early March.

  • Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week.

  • Space public sale refund details: total amount $12.3 million, with the top 5% of participants refunded 11% to 21%.

What significant events have occurred in the past 24 hours?

Solana's privacy coin GHOST surged 60% after announcing a new cross-chain exchange plan.

According to ChainCatcher, GhostWareOS's native token GHOST surged nearly 60% in price, as the project announced a significant expansion of its privacy-centered product suite on Solana.

It is reported that GhostWareOS is a privacy infrastructure project based on Solana, aimed at providing anonymous payments, covert transfers, and privacy-protecting liquidity tools for fully transparent blockchains.

Michael Saylor once again released Bitcoin Tracker information, which may disclose increased holdings data next week.

According to ChainCatcher, Strategy founder Michael Saylor once again released information related to Bitcoin Tracker. According to previous patterns, Strategy always discloses increased Bitcoin holdings information the day after related news is released.

The White House official Twitter post stated: The U.S. is now the global crypto capital, and the CFTC will follow up with rules and regulations modernization reforms.

According to ChainCatcher, an official post from the White House stated that under Trump's push, the U.S. has become the world's cryptocurrency capital. The new chairman of the U.S. Commodity Futures Trading Commission, Mike Selig, responded that there is no place better suited for entrepreneurship than the "world's cryptocurrency capital." The CFTC is modernizing its rules and regulations to ensure the future of cryptocurrency and on-chain finance is "Made in America."

Zhao Changpeng: The memoir may be published either at the end of February or the beginning of March.

According to ChainCatcher, Zhao Changpeng (CZ) responded to community users on the X platform, stating that his memoir may be published either at the end of February or the beginning of March. CZ previously hinted that the Chinese version of his memoir may be titled (Binance Life), but the English title may be completely different and has not yet been finalized.

VanEck Avalanche spot ETF will be listed on Nasdaq.

According to ChainCatcher, VanEck Avalanche spot ETF (referred to as VanEck Avalanche ETF, code VAVX) will officially start trading on Nasdaq next Monday.

Flow Traders has been designated as the primary market maker for this ETF.

The X account of Scroll's co-founder was hacked; do not interact with any links or direct messages.

According to ChainCatcher, Scroll announced on the X platform that its co-founder's X account @shenhaichen has been hacked, and efforts to recover the account are actively underway. Please do not interact with any links or direct messages.

Russia has listed the Ukrainian crypto exchange WhiteBit and its parent company as undesirable organizations.

According to ChainCatcher, as reported by Bitsmedia, the Russian Attorney General's Office has listed the Ukrainian cryptocurrency exchange WhiteBit as an undesirable organization. The regulator believes the exchange has been used to illegally transfer funds out of Russia, including funding the Ukrainian armed forces. The Russian side has also listed WhiteBit's parent company W Group and all its affiliates and subsidiaries.

The Supreme Prosecutor's Office stated that since 2022, WhiteBit's management has transferred approximately $11 million to the Ukrainian military, of which about $900,000 was used to procure drones, and claimed that the platform collaborated with the Ukrainian Ministry of Foreign Affairs to provide technical support for the United24 crypto donation platform. Currently, there are no registered cryptocurrency exchanges under Russian law. The Central Bank of Russia hopes that legal amendments regulating exchanges and cryptocurrency traders can be completed by July 1. The Central Bank of Russia plans to hold intermediaries in the crypto market accountable for illegal activities starting from July 1, 2027.

The Gwangju District Prosecutor's Office in South Korea is suspected of losing billions of won in Bitcoin that was seized, and an internal investigation is currently underway.

According to ChainCatcher, South Korean media Ohmy News reported that the Gwangju District Prosecutor's Office recently lost a large amount of Bitcoin that was seized and stored due to criminal cases. The specific amount of lost Bitcoin has not been disclosed, but it is known to be worth billions of won. The prosecution is conducting an internal investigation.

The Gwangju District Prosecutor's Office discovered the missing financial assets during a routine inspection for anomalies, while checking Bitcoin-related passwords stored on mobile storage devices (USB drives). A prosecutor stated, "We learned that the incident occurred during a routine check of the seized Bitcoin, where access to a so-called 'fake (fraud) website' was mistakenly made. Internal discussions within the prosecutor's office suggest that the lost Bitcoin may be worth up to 70 billion won." An official from the Gwangju District Prosecutor's Office responded to media inquiries, stating, "We cannot confirm this matter."

Galaxy's research director: The crypto market structure legislation will face a key hearing next week, and bipartisan lawmakers may propose amendments.

According to ChainCatcher, Galaxy's research director Alex Thorn posted on the X platform that a key hearing is approaching in the legislative process for cryptocurrency market structure next week. Republican members of the Senate Agriculture Committee have released a draft of the (Digital Commodity Intermediary Act). This bill is expected to be merged with the relevant legislative content completed by the Senate Banking Committee to form a comprehensive "cryptocurrency market structure bill."

Due to the Senate Agriculture Committee's oversight of the U.S. Commodity Futures Trading Commission (CFTC), this draft focuses primarily on the digital commodity market, with the core content granting the CFTC exclusive regulatory authority over the spot crypto market (including crypto exchanges, traders, and brokers). The committee plans to hold a bill amendment hearing on January 27 (Tuesday), during which bipartisan lawmakers may propose amendments. Although the commodity attributes part (including CFTC's regulatory authority over the spot market) is generally considered less controversial than the securities attributes part in discussions on crypto market structure, this draft still carries obvious partisan bias. It has not yet received endorsement from the main Democratic negotiators, although many previously negotiated provisions with the Democrats have been included. Overall, this legislative text from the Senate Agriculture Committee aligns closely with market expectations, with its core being to establish a regulatory framework for the digital commodity spot market centered on the CFTC. Compared to the related topics being discussed by the Senate Banking Committee, this version has a narrower scope and relatively lower political sensitivity and controversy.

Yi Lihua: The crypto-friendly policies are gradually being realized, and the crypto structural bill is likely to pass.

According to ChainCatcher, Liquid Capital (formerly LD Capital) founder Yi Lihua stated, "The crypto-friendly policies we have been discussing are gradually being realized, especially with the high probability of the crypto structural bill passing, marking a significant event for the industry. This means that the crypto industry has ended the severe obstacles of the past and entered a new stage of favorable macro development, where many outstanding founders and quality projects will emerge, while also clearing the way for U.S. financial institutions to participate in crypto financial construction on a large scale, fully integrating the crypto industry into the mainstream financial system."

Data: Bitcoin spot ETF had a net outflow of $1.33 billion this week, marking the second highest in history.

According to ChainCatcher, based on SoSoValue data, Bitcoin spot ETF saw a net outflow of $1.33 billion this week.

The Bitcoin spot ETF with the highest net outflow this week was BlackRock's ETF IBIT, with a weekly net outflow of $537 million. Currently, IBIT's total historical net inflow is $62.9 billion. The second highest is Fidelity's ETF FBTC, with a weekly net outflow of $451 million, and its total historical net inflow is $11.46 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $115.88 billion, with an ETF net asset ratio (market value compared to the total market value of Bitcoin) of 6.48%, and the historical cumulative net inflow has reached $56.49 billion.

Data: Ethereum spot ETF saw a net outflow of $611 million this week, with BlackRock's ETHA leading with a net outflow of $432 million.

According to ChainCatcher, based on SoSoValue data, Ethereum spot ETF saw a net outflow of $611 million this week.

The Ethereum spot ETF with the highest net outflow this week was BlackRock's ETHA, with a weekly net outflow of $432 million. Currently, ETHA's total historical net inflow is $12.51 billion. The second highest is Fidelity's FETH, with a weekly net outflow of $78.03 million, and its total historical net inflow is $2.59 billion. The Ethereum spot ETF with the highest net inflow this week was Grayscale's Ethereum Mini Trust ETH, with a weekly net inflow of $17.82 million, and its total historical net inflow is $1.64 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs is $17.7 billion, with an ETF net asset ratio of 4.99%, and the historical cumulative net inflow has reached $12.3 billion.

Space public sale refund details: Total amount $12.3 million, top 5% participants refunded 11% to 21%.

According to ChainCatcher, Space has released public sale refund details, allowing all participants in the public sale to choose partial refunds: participants with smaller amounts will be prioritized for the highest refund amounts. All refunds will be verified on-chain. Space will allocate an additional $5 million for refunds, with a total return of $12.3 million, and the remaining funds will be used for platform launch, token deployment, and long-term ecosystem development. The related process will start on January 27. Space stated that among the 4,677 participating wallets:

  • 100% of participants are eligible for partial refunds. Every participant is eligible.

  • 80% of participants can apply for refunds of up to 70% of the committed funds.

  • 86% of participants can apply for refunds of up to 50% of the committed funds.

  • Participants ranked in the top 5% can apply for refunds, with the refund amount ranging from 11% to 21% of their committed funds.

Meme Hot List

According to meme token tracking and analysis platform GMGN market data, as of January 26, 09:00,

The top five popular tokens on ETH in the past 24 hours are: SHIB, LINK, PEPE, UNI, ONDO.

The top five popular tokens on Solana in the past 24 hours are: arc, FWOG, TROLL, PENGUIN, USELESS.

The top five popular tokens on Base in the past 24 hours are: PEPE, BASED, SKYA, B3, USA.

What are the exciting articles worth reading in the past 24 hours?

Clearing the fog of stablecoin payments: actual payments account for only 10% of total transaction volume.

We are often misled by those exaggerated stablecoin transaction volumes in article titles, immersed in the excitement of it surpassing V/M transaction volumes, dreaming of "canceling plans and preparing to win" to replace SWIFT. When we compare the transaction volume of stablecoins with Visa/Mastercard, it is like comparing the volume of securities settlement funds with Visa/Mastercard; they are not comparable.

Despite blockchain data showing huge transaction volumes for stablecoins, most of these do not represent real-world payments.

Currently, the transaction volume of most stablecoins comes from: 1) fund balancing by exchanges and custodians; 2) trading, arbitrage, and liquidity cycles; 3) smart contract mechanisms; 4) financial adjustments.

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