24-Hour Hot Cryptocurrencies and News | Trump Says He's Not Considering Pardoning SBF; CZ's New Book May Be Titled "Binance Life" (January 9)

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1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

  1. BTC: +0.05%
  2. ETH: -1.67%
  3. SOL: +1.69%
  4. XRP: -1.9%
  5. BNB: -0.62%
  6. DOGE: -2.59%
  7. ZEC: -9.26%
  8. SUI: -0.2%
  9. PEPE: -6.99%
  10. LINK: -1.63%

24-hour gainers list (data source: OKX):

  1. CXT: +16.08%
  2. ZBCN: +10.65%
  3. SD: +10.19%
  4. MAGIC: +6.64%
  5. POL: +8.35%
  6. FLOW: +7.16%
  7. SWFTC: +5.56%
  8. XTZ: +5.51%
  9. GODS: +4.63%
  10. ZEN: +4.48%

24-hour cryptocurrency stock gainers list (data source: msx.com ):

  • Opendoor Technologies Inc - MSX:17.81%
  • Ondas Holdings Inc. - MSX:16.09%
  • Bloom Energy Corporation - MSX:13.3%
  • ALT5 Sigma Corporation - MSX:13.01%
  • Tron Inc. - MSX: 10.06%
  • Bakkt Holdings, Inc. - MSX:9.58%
  • Applied Digital Corporation - MSX:8.02%
  • Voyager Technologies, Inc. - MSX:7.71%
  • Tidal Trust II Defiance Daily Target 2x Long MSTR ETF - MSX:6.96%
  • Figure Technology Solutions - MSX:6.75%

2. Top 5 trending on-chain memes (data source: GMGN ):

  • I'm here!
  • Binance Life
  • GUA
  • LAB
  • TRADOOR

Headlines

The number of Americans filing for initial jobless claims for the week ending January 3 was 208,000, compared to an expected 210,000.

The number of Americans filing for unemployment benefits for the week ending January 3 was 208,000, compared with expectations of 210,000 and a revised figure of 200,000 for the previous week (originally reported as 199,000).

The four-week moving average of initial jobless claims in the United States for the week ending January 3 was 211,750, compared with a revised figure of 219,000 for the previous week (originally 218,750).

The number of Americans continuing to claim unemployment benefits for the week ending December 27 was 1.914 million, compared with an expected 1.9 million and a revised 1.858 million for the previous week (originally reported as 1.866 million).

Trump: Not considering pardoning SBF

In an interview with The New York Times, US President Trump stated explicitly that he would not consider pardoning FTX founder Sam Bankman-Fried (SBF). SBF was convicted in 2023 on multiple charges, including misappropriation of customer funds and financial fraud, making it one of the most landmark criminal cases in the history of the crypto industry.

In an interview, Trump mentioned that when asked by reporters whether several high-profile inmates might receive presidential pardons, SBF was listed but explicitly excluded. Trump stated that he has no intention of exercising his pardon power on individuals including SBF.

CZ: The Chinese version of his memoir may be titled "Binance Life," but it will be unrelated to Meme Coin.

CZ posted on the X platform that the Chinese version of his planned memoir may be titled "Binance Life," but the English version may have a completely different title, which has not yet been finalized.

CZ specifically clarified that this name has absolutely nothing to do with the "Binance Life" Meme coin that has recently appeared on the market, and he himself does not hold any related tokens and has no intention of buying them. "I appreciate Meme culture, I like the word, and it's very appealing to me," CZ said.

Industry News

Trump said he had decided on the Federal Reserve Chair, but did not disclose the name.

In an interview with The New York Times, US President Donald Trump said he has decided who to nominate as the next Federal Reserve chairman, but did not reveal his choice. "I have a decision in my mind," he said, "but I haven't spoken to anyone yet." When asked about his chief economic advisor, Hassett, Trump said, "I don't want to say," but he called Hassett "definitely one of my favorites."

The Shanghai No. 2 Intermediate People's Court of China stated that simply holding or trading cryptocurrency by an individual is generally not considered a crime of illegal business operations.

A seminar on criminal trials, jointly hosted by the China Criminal Law Society, the Shanghai High People's Court, the Shanghai No. 2 Intermediate People's Court, and the Law School of Renmin University of China, focused on the theme of "Unified Application of Law in Cases Involving Virtual Currency Crimes." The seminar content is summarized below:

The determination of "subjective knowledge" in money laundering crimes involving virtual currencies should be based on a comprehensive assessment of the subjective knowledge involved in the money laundering crime in order to prevent objective attribution of guilt.

The determination of the types of acts involved in money laundering crimes related to virtual currencies and the standards for completion of the crimes involves three aspects: First, accurately grasping the essence of the crime as "concealing or disguising the source and nature of the proceeds and profits of crime"; second, committing acts of concealing or disguising the proceeds and profits of crime as stipulated in the constituent elements of money laundering crimes constitutes a completed crime; and third, cracking down on money laundering crimes strictly in accordance with the law to resolutely safeguard national financial security.

In determining whether a crime involves illegal business operations related to virtual currencies, if the behavior does not exhibit characteristics of business operations and is merely personal holding or trading of virtual currencies, it is generally not considered a crime of illegal business operations. However, if someone knowingly assists others in illegally buying or selling or indirectly buying and selling foreign exchange by exchanging virtual currencies, and the circumstances are serious, they should be considered an accomplice to the crime of illegal business operations.

US Treasury Secretary: The government has begun adding Bitcoin seized by law enforcement to its "strategic reserves."

According to Fox Business, U.S. Treasury Secretary Scott Bessent stated that the government has begun adding seized Bitcoin to its "strategic reserves" instead of disposing of it through routine auctions. Bessent indicated that the government will not purchase Bitcoin on the open market but will hold the seized assets long-term.

Project News

Morgan Stanley plans to launch a digital wallet this year.

According to market sources, Morgan Stanley plans to launch a digital wallet later this year to support tokenized assets.

Investment and Financing

AI data exchange platform Protege has raised $30 million in Series A funding, led by a16z.

AI data exchange platform Protege announced the completion of a $30 million Series A funding round, led by a16z, with participation from Footwork, CRV, Bloomberg Beta, and others. This brings the company's total funding to $65 million. Protege supports AI optimization, data cleaning, anonymization, and formatting of licensed aggregated datasets for training/evaluation, and helps data providers earn revenue sharing.

Character * Voice

Trader Eugene: SOL is the strongest performer among the three major cryptocurrencies and may rise to $200.

Trader Eugene posted on his personal channel that he is rebuying SOL, stating that SOL is the strongest performing of the "big three" mainstream cryptocurrencies. From a technical analysis perspective, the price of SOL is expected to fluctuate to $160. If this upward trend continues and BTC reaches $100,000 in the future, SOL may rise to $200. He also added that the best entry point is when the market has not yet reached a consensus on the reasons for long, and he currently hopes that BTC can hold the $90,000 mark.

Zcash CEO: Bootstrap has strayed from its mission; the entire development team has been forced to resign and will form a new company to continue maintaining Zcash.

Josh Swihart, CEO of the Electric Coin Company (ECC), the Zcash (ZEC) development team, stated in an article on X: “It has become clear over the past few weeks that the majority of the Bootstrap (the nonprofit organization behind the ECC that supports Zcash by managing the ECC) board members, particularly Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (the ZCAM group), have significantly deviated from Zcash’s mission. Yesterday, the entire ECC team resigned due to ZCAM’s presumed dismissal. In short, our employment terms were unilaterally modified, preventing us from fulfilling our responsibilities effectively and honestly. We are starting a new company, but we remain the same team committed to the same mission—building an unstoppable privacy currency. The key point is that the Zcash protocol itself is unaffected. This decision is solely to protect the team’s work from malicious governance actions that have prevented the ECC from fulfilling its original mission.”

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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