1. Popular Coins on CEX
Top 10 CEX Trading Volume and 24-Hour Price Changes:
BTC: + 1.37%
ETH: + 1.06%
XRP: + 0.75%
SOL: + 2.01%
DOGE: + 1.15%
BNB: + 0.01%
ADA: -2.7%
SUI: -2.8%
PEPE: + 1.18%
TRX: -2.11%
24H Gainers (Data from OKX):
ONT: 23.39%
SWFTC: 11.48%
PNUT: 10.38%
SWEAT: 9.17%
MAJOR: 11.17%
LSK: 6.80%
RUNE: 4.77%
CXT: 4.11%
RAY: 4.14%
BSV: 3.93%
2. Top 5 On-Chain Meme Coins (Data from GMGN):
HOLO
POSTIZ
LONGAI
Willy
CONCHO
3. 24H Trending Coins
HOLO: Clone concept, able to copy famous people and their voice features into conversational AI
CWH: NFT of cat pictures released by the WIF owner, briefly revived the animal market
Headlines
FTX creditor Sunil disclosed the "Preliminary Distribution Timeline for FTX Repayments": Creditors with claims under $50,000 are expected to receive around $1.2 billion in compensation; FTX requires creditors to complete the pre-distribution requirements (claim registration) by January 20 to ensure participation in the initial distribution, and repayments are not expected to start before this date; the first repayment is expected to start on February 25 and may continue until March 4. This timeline provides creditors with clear guidance to timely meet FTX's requirements and smoothly receive compensation.
Usual Stablecoin USD 0 Market Cap Surpassed by USDS, Drops Out of Top 5 Stablecoins
According to defillama data, the market cap of the real-world asset-backed stablecoin USD 0 issued by Usual has dropped to $1.54 billion, being surpassed by USDS ($1.761 billion) and dropping to the 6th place among stablecoins; it has decreased by 15.09% in the past 7 days.
Industry News
MicroStrategy founder Michael Saylor has released Bitcoin Tracker-related information for the 10th consecutive week, but this time differently from before, he said: "Considering adding the next green dot on the website." (Note: MicroStrategy previously marked a green dot on the website on the corresponding date each time they bought BTC, while the BTC price trend line was in blue.)
Media Report: Whole Foods Parent Company Considering Bitcoin Treasury Strategy
Whole Foods, the supermarket chain listed on Nasdaq, currently accepts Bitcoin payments through third-party applications, allowing customers to use cryptocurrencies to purchase groceries. Although the company does not currently hold cryptocurrencies in its treasury, its parent company is reportedly considering this move. (crypto.news)
Project News
Hyperliquid: HYPE Stakers to Receive Airdrop During ANIME TGE
Hyperliquid announced that HYPE stakers will receive an airdrop during the ANIME TGE. According to their introduction, ANIME is a token empowering the open anime world, supported by Azuki.
In late December, Azuki founder Zagabond disclosed to the community that Animecoin will not TGE by the end of the year, but is expected to release a related announcement soon. Zagabond also revealed that Animecoin is planned to launch before Anime Chain, and will be deployed on the Ethereum mainnet and Arbitrum.
RWA stablecoin project Usual announced that all Morpho markets have been allocated appropriate caps, and all positions are eligible to migrate to the new markets.
Usual strongly recommends users to migrate their positions quickly. Rewards in the old markets have been discontinued, and liquidation and bad debt commitments have been limited in the capped vaults. Usual has successfully protected the lenders in the vaults from bad debts, but does not recommend continuing to lend directly to the markets.
Yesterday, Usual posted on X that they are actively ensuring there are no bad debts in the current lending markets, and all liquidation profits will flow directly into the DAO treasury, ultimately benefiting USUAL holders. New Morpho markets have been created, and all migrations can be completed within hours.
Binance Launches Renzo (REZ) as the 5th Project in the BNSOL Super Stake Program
According to the official announcement, Binance has announced that the 5th project in the BNSOLSuperStake program is Renzo (REZ), a leading cross-chain re-staking protocol on Ethereum and Solana, offering competitive risk-adjusted re-staking rewards. From January 13, 2025 00:00 (UTC) to January 31, 2025 23:59 (UTC), users holding BNSOL or staking SOL to BNSOL will receive REZAPR airdrop rewards.
Overlay Protocol Announces OVL Token Economics: 52.36% Allocated to the Community
According to the official announcement, DEX Overlay Protocol will launch the OVL token presale on Fjord Foundry on January 13. At TGE, 88,888,888 tokens will be created with the allocation shown in the image.
According to the disclosed token economics, 52.36% of the tokens are allocated to the community, 39.77% to Founders and Funders, 4.52% to the Overlay Foundation, and 3.36% for services. Any internal team members' allocated tokens will be unlocked 12 months after project launch.
Additionally, the protocol roadmap will be divided into four main phases, with the team focusing on the first three phases as the fourth phase is still distant: Phase 1 occurs between TGE and 6 months post-TGE; Phase 2 occurs between 6-12 months post-TGE; Phase 3 occurs between 12-24 months post-TGE.
Abstract Launches Abstract Syndicate, Open for Accredited Investor Applications
Abstract announced the launch of Abstract Syndicate, supported by echo (@echodotxyz). Selected builders on Abstract now have exclusive privileges to directly showcase their applications to accredited investors committed to driving the future of consumer crypto. Accredited investors interested in supporting and investing in the next wave of Abstract applications can apply to join the Syndicate through official channels.
Yesterday, the Abstract Ecosystem confirmed that Abstract will launch this month.
Aiccelerate, a new decentralized autonomous organization (DAO) aiming to accelerate the convergence of cryptocurrencies and artificial intelligence (AI), posted on X around 1 AM, stating: "We have noted the community's questions and controversies and hope to resolve them positively. Transparency and trust are core to our values, and we are fully committed to building lasting products, not quick wins. To strengthen this commitment:
The core team will be allocated vesting structures, and we are in discussions with advisors to implement the same, to align with the long-term success of this DAO;
We are working to develop the first AI agent (Research Agent) and create an architecture to support a broader vision, and we will share more information in the coming weeks;
We reiterate that 100% of the DAO treasury funds will be used for DAO investments and the community.
Nodepay: The first airdrop will be conducted on January 14
The decentralized AI training and development platform Nodepa posted on the X platform that the first airdrop will be conducted on January 14, and according to the document information, Nodepay has allocated a total of 115,000,000 Nodecoins (NC), accounting for 11.5% of the total supply.
Previously, Nodepay launched the final query for the airdrop, and users can query the token allocation for the 0th, 1st, and 2nd seasons.
Regulatory Trends
Ethereum co-founder Vitalik Buterin responded to a community user who said "everyone in the tech industry underestimates the importance of efficient capital formation for building the future," stating that what is truly important to me is establishing a lasting financial structure to incentivize open source, open standards, and security, suppress closed-mindedness and extractiveness, and generally promote becoming a positive participant in a broader ecosystem.
Voices of Individuals
JPMorgan Chase: The strong US economy suggests the dollar will remain strong this year
JPMorgan Chase predicts that supported by the strong US economy, which is expected to outperform other developed countries, the dollar is likely to remain strong throughout the year. According to its recent report, the bank attributes the continued strength of the dollar to the widening gap in global economic performance. The report notes that the US economy is expected to grow 2.7% in 2024, far exceeding the 1.7% forecast for other developed economies. Factors such as strong productivity, increased business investment, and reduced labor shortages have driven this growth, keeping the inflation rate above the Federal Reserve's 2% target. This may prompt the Federal Reserve to delay rate cuts, thereby maintaining the upward momentum of the dollar.
JPMorgan Chase believes that although the Federal Reserve is expected to ease monetary policy, the rate cuts this year may be small due to the strong economy. The market expects the Federal Reserve to cut rates by a modest 44 basis points, while the European Central Bank is expected to cut rates by 110 basis points, and the Bank of Japan is expected to raise rates by 47 basis points.
The report also points out that the policies proposed by the new US administration are another factor supporting the dollar. Plans to promote domestic manufacturing, increase tariffs, and relax industry regulations may spur business growth and maintain higher interest rates, further supporting the dollar.
However, JPMorgan Chase warns that the long-term outlook for the dollar faces challenges. The country's trade deficit is expected to reach 4.2% of GDP by the end of 2024, reflecting a heavy reliance on imported goods. Although the dollar is currently strong, this structural imbalance may eventually undermine its status.
