24-Hour Hot Cryptocurrencies and News | Crypto Market Structure Bill Delayed by Several Weeks; Binance Futures Launched (January 22)

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1. Popular cryptocurrencies on CEXs

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

  • BTC: +1.19%
  • ETH: +1.95%
  • SOL: +2.60%
  • XRP: +2.48%
  • BNB: +1.46%
  • DOGE: +2.39%
  • SUI: +2.16%
  • TRX: +0.77%
  • AXS: +17.96%
  • ADA: +3.32%

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

  • AXS: +17.96%
  • MINA: +14.18%
  • NEIRO: +11.17%
  • RON: +10.11%
  • RSS3: +9.07%
  • PUMP: +8.99%
  • SAND: +8.95%
  • AGLD: +7.93%
  • MEW: +7.85%
  • SLP: +7.58%

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

  • Moderna-MSX (MRNA.M): 21.58%
  • Sandisk Corporation - MSX (SNDK.M): 13.01%
  • Intel-MSX (INTC.M): 13.01%
  • Semiconductor ETF Triple Long- MSX (SOXL.M): 12.16%
  • Tron Inc. - MSX (TRON.M): 12.15%
  • EMAG Technology - MSX (AMKR.M): 11.07%
  • Western Digital - MSX (WDC.M): 10.49%
  • Lemonade, Inc. - MSX (LMND.M): 10.28%
  • Advanced Micro Devices (MSX) (AMD.M): 9.02%
  • Baidu - MSX (BIDU.M): 8.58%

2. Popular on-chain memes (data source: GMGN ):

  • 1;
  • Crying Horse;
  • I'm here!

Headlines

The Senate Banking Committee has adjusted its agenda, potentially delaying the review of the crypto market structure bill by several weeks.

The U.S. Senate Banking Committee recently shifted its legislative focus to aligning with Donald Trump's housing affordability policies, slowing the progress of the planned cryptocurrency market structure bill. The bill is expected to be delayed by at least several weeks, with the timeline potentially extending to late February or March. Against this backdrop, the Senate Agriculture Committee will proceed with its version of digital asset legislation as planned, with a vote expected on January 27. The relevant bill text will then need to be integrated with the Banking Committee's version and submitted to the full Senate for consideration.

Binance Futures has launched USDT U-margined perpetual contracts, and I'm here!

According to the official announcement, Binance Futures will launch USDT perpetual contracts on January 21, 2026 at 22:30 (UTC+8): I'm coming!, with a maximum leverage of 20x.

Trump: Rick Rieder and Kevin Warsh are both suitable to be the next Federal Reserve Chairman

US President Trump: Rick Riddell, BlackRock’s global chief fixed income investment officer, and Kevin Warsh, former Federal Reserve governor, are both suitable to serve as the next Federal Reserve chairman.

Industry News

Coinbase CEO clashes with French central bank governor in Davos: Stablecoin yields and the "Bitcoin standard" become the focus.

During the World Economic Forum in Davos, Switzerland, Coinbase CEO Brian Armstrong and French central bank governor François Villeroy de Galhau engaged in a heated debate over issues such as whether stablecoins should pay returns to holders and the monetary attributes of Bitcoin.

Suzhou's "15th Five-Year Plan" proposes to expand the innovative applications of digital RMB across the entire city and in all sectors.

According to the Suzhou Municipal People's Government website, the Suzhou Municipal Party Committee issued a proposal on formulating the 15th Five-Year Plan for National Economic and Social Development of Suzhou. The proposal points out that the financial service system will be improved, the action plan for promoting the high-quality development of digital finance will be implemented, the innovative application of digital RMB will be expanded throughout the city and in all fields, the pilot application of "artificial intelligence + finance" will be promoted, and efforts will be made to build a national key laboratory for digital finance.

Paul Chan: Hong Kong is expected to issue stablecoin licenses later this year.

Financial Secretary Paul Chan Mo-po stated at the World Economic Forum Annual Meeting that Hong Kong adopts a proactive yet prudent approach to developing digital assets, promoting market development based on the principles of consistent activities, consistent risks, and consistent regulation. Since 2023, Hong Kong has issued licenses to 11 virtual asset trading platforms and expects to issue stablecoin licenses later this year. Furthermore, the Hong Kong SAR government has issued three tranches of tokenized green bonds totaling approximately US$2.1 billion and launched a regulatory sandbox to encourage application innovation.

Project News

ETHGas Foundation: GWEI token is now listed; airdropped tokens will be automatically staked for 30 days.

The ETHGas Foundation announced on the X platform that the GWEI token has been listed. Furthermore, the airdropped tokens are now available for viewing and will be automatically staked for 30 days.

Uniswap: Continuous clearing auctions have been officially deployed to Base.

Uniswap announced on its X platform that continuous liquidation auctions have been officially deployed to the Base network. Base developers can now fully run on-chain token auctions, discover reliable market prices, and launch liquidity on Uniswap v4.

Category Labs plans to repurchase MON tokens through the open market in the first half of 2026.

Category Labs announced on the X platform that it may repurchase up to $30 million worth of MON tokens on the open market in the first half of 2026, subject to applicable regulations. The announcement stated that any repurchase will be at its own discretion and may be initiated, suspended, or terminated at any time. This announcement does not constitute a commitment to purchase a specific number of tokens, but only indicates that Category Labs will consider opportunistic repurchases based on market conditions.

Nansen has launched its third-quarter points program.

Nansen officially announced the launch of its third-quarter points program, adding 15 new partners this quarter, including Metamask, EdgeX, Spark, Edgegen, GoMining, NordPass, Ready, Saily, SNS, Solayer, ST0x, Airalo, SafePal, Token Terminal, and The Block.

The decentralized social protocol Farcaster will be handed over to Neynar for operation.

Dan Romero, co-founder of the decentralized social protocol Farcaster, announced that Neynar is acquiring Farcaster. Over the next few weeks, ownership of Farcaster's protocol contracts and code repository, the Farcaster application, and Clanker will be transferred to Neynar, which will be responsible for the continued operation and maintenance of the related products and infrastructure.

Investment and Financing

Cork has raised $5.5 million in seed funding, led by a16z, CSX, and Road Capital.

Cork announced the completion of a $5.5 million seed funding round, led by a16z, CSX, and Road Capital, with participation from BitGo Ventures, Cooley, IDEO Ventures, PEER VC, and WAGMI Ventures. Cork is a startup focused on tokenizing risks in emerging “on-chain infrastructure” categories, building tools to make the implicit risks in these emerging real-world asset classes transparent and tradable.

Dutch cryptocurrency platform Finst has raised €8 million in Series A funding, led by Endeit Capital.

Dutch cryptocurrency platform Finst announced the completion of an €8 million Series A funding round, led by Endeit Capital, with participation from existing investors Eelko van Kooten, founder of Spinnin' Records, and Mark Franse, co-founder of DEGIRO. This brings Finst's total funding to €15 million. Founded in 2023, Finst is a licensed crypto asset service provider from the Dutch Financial Markets Authority (AFM), serving retail and institutional clients in 30 European countries.

Character * Voice

Italian central bank governor: The "anchor" of digital currencies remains the banks; stablecoins only play a supplementary role.

Fabio Panetta, Governor of the Bank of Italy, stated that commercial bank money is expected to be fully digitized along with central bank money in the future and will continue to be the core anchoring force of the monetary system. Stablecoins will only play a supplementary role, and their stability will ultimately depend on their anchoring relationship with fiat currencies, limiting their ability to play an independent role in the financial system. Digital commercial bank money and central bank money will jointly support the operation of the monetary system.

DeFiLlama founder: The actual implementation of wallet login methods on most crypto platforms faces far greater friction than expected.

DeFiLlama founder 0xngmi stated in an article on the X platform that although "login with wallet" is frequently discussed in the crypto industry, most crypto platforms face many practical obstacles in actual implementation. One of the biggest problems is that users often forget the wallet address they used for registration. In addition, it is difficult to send key notifications (such as API quota usage reminders) to users in a timely manner under the wallet login mode. While introducing email as a supplementary step can partially solve the problem, it weakens the original intention of wallet login and increases user friction. Although wallet login still has value in application scenarios with high security requirements, such applications only account for a small part of the overall market.

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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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