Release Date: January 27, 2025
Author: BlockBeats Editorial Department
Over the past 24 hours, the crypto market has witnessed a range of dynamics, from macroeconomic discussions to the development of specific ecosystems. Mainstream topics focused on the remarkable performance of AI-automated trading in prediction markets, continued community skepticism towards Binance and CZ, and the latest developments in the US crypto regulatory framework. Regarding ecosystem development, Jesse, head of the Base ecosystem, clarified his stance of not interfering with token prices, while the Perp DEX sector saw fierce competition surrounding the analysis of selling pressure on the HYPE token and the listing of new assets.
Mainstream topics
Clawdbot experiments with autonomous trading on Polymarket
AI-powered automated trading has demonstrated remarkable potential on the prediction market Polymarket. One user shared the results of an experiment they conducted on the X platform (formerly Twitter) with their AI bot, ClawdBot. The user provided ClawdBot with $100 and instructed it to trade Bitcoin's price fluctuations on Polymarket for 15 minutes, aiming to maximize profits while strictly controlling risk.
The experimental results were astonishing: ClawdBot turned a $100 principal into $347 overnight, achieving a 2.5x return. The bot employed a complex, multi-dimensional strategy, including analyzing over 50 15-minute Bitcoin price movements to identify momentum patterns, real-time scanning of X platform sentiment and news feeds for sentiment perception, using technical indicators such as RSI and short-term moving averages, and a money management approach that leveraged the compounding effect to gradually increase position size from small profits.
The user pointed out that ClawdBot not only records the complete reasoning process for each transaction, but also reflects on itself, highlighting the huge advantage of automation in trading in 2026.
Community questions Binance and CZ
The community's doubts about Binance and CZ continue to rise, mainly focusing on the poor performance of assets related to Binance and internal selling pressure.
Some argue that since CZ faced legal issues, all Binance-related assets have performed poorly, with an average decline of over 80%, without exception. This market performance, coupled with the massive sell-off by Binance users when CZ touted a "supercycle," exacerbated community discontent and criticism.
Gold and silver prices fluctuated wildly
The prices of traditional safe-haven assets gold and silver experienced dramatic fluctuations in a short period, sparking discussion within the crypto community. Reports indicate that gold and silver lost $1.7 trillion in market capitalization within 90 minutes, described as one of the largest reversals in history.
The crypto community reacted by using this event as evidence to highlight the early potential and relative advantages of the cryptocurrency market. Some commentators argued that the sharp fluctuations in the gold and silver markets highlighted the fragility of traditional assets, further demonstrating the legitimacy of cryptocurrencies as an alternative store of value.
New developments in the CLARITY bill and the BlackRock Bitcoin Yield ETF
The U.S. cryptocurrency regulatory framework has seen new developments. The CLARITY Act aims to provide much-needed regulatory clarity to the crypto industry by clearly defining the regulatory authority of the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission).
In addition, BlackRock's Bitcoin Yield ETF has also become a focus of market attention, reflecting the continued interest and product innovation of traditional financial institutions in crypto assets within a compliant framework.
The real culprit behind the Trove farce
New progress has been made in the on-chain investigation into the Trove Markets scam. The investigation suggests that the mastermind behind the scam may not be the apparent "puppet" figure, but rather an "external" liquidity provider with direct access to ICO funds.
The entity's recent transfer of $1.8 million to centralized exchanges (CEXs) is believed to be linked to a scam. Clues linking this individual to Jin Qingqing, a member of the Popp team, reveal a complex internal network behind the crypto fraud.
Mainstream Ecosystem Dynamics
Base
Jesse Pollak, head of the Base ecosystem, stated explicitly that the Base core team will not privately coordinate or allocate funds to actively inflate the price of the Base ecosystem token. He emphasized that such intervention would actively harm other assets, is not repeatable or sustainable in the long term, violates the values of free and open markets, and may even break the law.
Jesse's statement aims to uphold the principles of fairness, openness, and free markets within the Base ecosystem, and indicates that the team will focus on promoting the visibility and distribution of high-quality assets and applications.
Meanwhile, the Base ecosystem launched Breakout, a new application for trading Twitter attention, allowing users to convert attention into tradable assets and further explore the integration of social media and on-chain economy.
Ethereum core developer Austin Griffith also showcased the latest progress of his improved Twitter ClawdBot. Griffith provided his clawdbot with tools such as scaffold-eth and Ethereum wingman, instructing it to "build something." ClawdBot is building a "King of the Hill" game called ClawdFomo3D, a game mechanic designed to burn tokens each round. This event demonstrates developers' active exploration of the potential for AI agents to autonomously develop and deploy applications within the base ecosystem.
Perp DEX
The Perp DEX market is highly competitive, and the decline in the HYPE token has prompted in-depth analysis. The analysis points out that HYPE's drop from $45-50 to $20 was not accidental, but rather caused by three specific sources of selling pressure.
First, there's the issue of team unlocking. Although the monthly unlocking volume is huge, the actual circulating and selling ratio is far lower than market expectations, and the selling pressure has been largely absorbed by the market. Second, there's the issue of leveraged liquidation. Early over-concentration of long positions led to a series of liquidations, but the leverage structure has now reached a balance. Finally, there's the selling by Tornado Cash-related addresses. A cluster of 16 addresses that received funding through Tornado Cash conducted mechanical selling, but anonymous CEX buyers (possibly related to PURR DAT) absorbed most of the selling pressure through arbitrage via Wintertermute, supporting the price.
In terms of product innovation, Perp DEX continues to expand the range of trading assets.
HIP-3 exchange Felix Protocol announced the design of Felix Spot Equities, planning to list spot tokens of over 100 US stocks and ETFs. This design utilizes a minting/redemption mechanism and leverages Ondo's liquidity on the Ethereum mainnet to connect with traditional exchanges such as the NYSE and Nasdaq, aiming to provide on-chain traders with a low-cost, high-liquidity trading experience for traditional financial assets.
Meanwhile, Tether CEO Paolo Ardoino retweeted a post from Dreamcash, a HIP3 exchange that supports USDT trading pairs, emphasizing USDT's central role and widespread use in the decentralized trading space.
In addition, Ostium Labs announced the launch of uranium perpetual contracts on its platform, further enriching the variety of physical asset trading on Perp DEX.
