rari

glassnode's weekly market report indicates that the price of Bitcoin rebounded from $60,000 to $69,000. However, while spot trading volume has increased, it remains at a low level, showing that selling pressure has eased but buyer participation is cautious. This reflects a market that is frequently changing hands after a downward revaluation, rather than decisively accumulating.Over-the-counter indicators show that futures and options positions are defensively strong, with ETF trading volume surging to a high of $45.5 billion, yet accompanied by a slowdown in capital outflows, resulting in overall low risk appetite. On-chain fundamental activity has strengthened, but capital inflows are negative and unrealized losses dominate supply. Overall, the market's sustained recovery may depend on the restoration of spot demand, which would stabilize prices above recent lows.

According to Cointelegraph, the Bitcoin market sentiment index has fallen to an all-time low, with some contrarian investors believing that $60,000 may have become the bottom of this cycle.Data shows that the cryptocurrency fear and greed index dropped to a historical low of 7 over the weekend, indicating that the market is in a state of "extreme fear." Michaël van de Poppe, founder of MN Capital, pointed out that this indicator, along with the relative strength index, shows that the market is deeply oversold, a similar situation occurred during the 2018 bear market and the pandemic crash in March 2020, which may create conditions for a rebound.CoinGlass's liquidation heatmap shows that if the Bitcoin price rises by about $10,000, it could trigger the liquidation of over $5.45 billion in short positions, while a drop to $60,000 would only trigger $2.4 billion in liquidations. This imbalance may drive a short covering rally. However, structural risks in the market still exist.CryptoQuant data shows that Bitcoin is still far below its 50-day and 200-day moving averages, with a price Z-score of -1.6, indicating that it remains in a phase dominated by selling pressure. The net buying volume in the derivatives market has turned negative, and the Binance buy-sell ratio has also fallen below 1, showing strong selling pressure in the futures market.Analysts point out that stronger spot demand is needed to trigger a sustained rebound. From a longer-term perspective, historical data shows that Bitcoin bear market bottoms typically form below the 0.618 Fibonacci retracement level, which is currently around $57,000. If history repeats itself, the downside scenario could extend to $42,000.

Maple Finance announced that there is a security vulnerability in its web application. The issue has been fixed, but out of caution, we will temporarily shut down the web application to ensure the fix is thoroughly completed.The team stated that the smart contracts were not affected and user deposits are safe. The team will notify users once the web application is back online.

Bitget Launchpool project ZAMA is now open for investment. As of the time of writing, the yield of its BGB locked pool is 35.43% APR, and the yield of the ZAMA locked pool is 190.07% APR.

Step Finance issued a statement regarding a hacking incident on platform X, disclosing that approximately $40 million was stolen from its treasury due to the compromise of an executive's device. After detecting the security vulnerability, they collaborated with cybersecurity researchers and relevant authorities to initiate an investigation into the attack and notified law enforcement. During this period, some operational activities were temporarily halted, and approximately $3.7 million in Remora assets and $1 million in other positions have been recovered.As the largest liquidity provider for Remora Markets, LP activities will resume once the system is fully secure. Remora Markets is not related to this incident, and all rTokens are still backed 1:1 by custodial collateral. At this stage, it is advised that anyone refrain from using STEP tokens until the investigation is complete. A system snapshot will be taken prior to the exploitation to ensure the safety of STEP token holders, and any updates will be released immediately once there is progress.

After more than two hours of intense selling, spot gold, silver, platinum, and palladium have temporarily stabilized. Spot gold has risen above $4800 per ounce, and spot silver has regained the $80 per ounce mark. (Jin Shi)

Trader Eugene Ng Ah Sio posted on his personal channel, "I don't quite understand the latest price movements this week, so I plan to wait and see for a while. From a higher time frame (HTF) perspective, the pattern doesn't look ideal, and my judgment is that the price is likely to go lower.I originally hoped that the new year would bring enough momentum to push the price above $100,000 and catch up with other risk assets, but it now seems that this is unlikely to happen.Temporarily stepping back from all markets, returning to real life, and once again 'touching grass'."

According to The Block, concerns about a potential trade war between the U.S. and the EU will further impact the already fragile market sentiment. Bitcoin, Ethereum, and the entire crypto market plummeted in the early hours, with Bitcoin briefly falling below $92,000, dropping over 3% at one point. In the past 4 hours, the amount of long liquidations has exceeded $750 million, and analysts attribute this sharp decline to market worries about the prospects of a U.S.-EU tariff war.Presto Research analyst Min Jung stated, "The crypto market still appears weak compared to other asset classes. Although concerns about the U.S.-EU trade war have the greatest impact on market sentiment, other risk assets, including the Korea Composite Stock Price Index (KOSPI), have remained flat or even risen. This indicates that there are significant inherent weaknesses in the crypto market, with investors more inclined to allocate to other risk assets. In the context of most markets rising, crypto assets remain the underperformers."

According to GMGN monitoring, influenced by CZ's statement that "I do not oppose Meme coins, but blindly following tweets to trade Meme coins will likely result in losses," this statement has been interpreted by the market as a negative attitude towards "official IP derivative" Meme projects on its platform. As a result, several Chinese Meme coins on the BSC chain have experienced varying degrees of decline, with the price of "Life K Line" dropping over 20% within 1 hour. Specific information is as follows:"I’m coming": 1-hour decline of 6%, market cap currently reported at 26.65 million USD, current price approximately 0.026 USD;"Old man": 1-hour increase of 11%, market cap currently reported at 11.49 million USD, current price approximately 0.011 USD;"Life K Line": 1-hour decline of 23%, market cap currently reported at 11.15 million USD, current price approximately 0.011 USD;ChainCatcher reminds users that trading Meme coins is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case. Investors should be aware of the risks.

According to monitoring by Hyperinsight, the whale address marked as "Lightning Backhand" (0x50b3...) has adjusted its ETH long position by adding 1,308.04 ETH long contracts, valued at approximately $4.0974 million.After this operation, the average price of its ETH long position slightly decreased from $3,131.26 to $3,129.91, with a total position size reaching $10.681 million. The current floating loss for this position is approximately $3,803.91, with a loss percentage of 0.5%, and the liquidation price is $2,229.79. This address is known for its rapid switching between long and short positions, and its trading pattern typically involves closing positions and then immediately building large positions in the opposite direction, showcasing a high-frequency reversal trading style.

According to monitoring by Hyperinsight, affected by the short-term decline in BTC, the "Strategy Counterparty" whale address (0x94d) has seen its long positions in 7 mainstream cryptocurrencies fall below the average holding price. Subsequently, this address closed all long positions in XRP and SOL, and gradually reduced other positions. As of now, this address has cumulatively closed positions exceeding $80 million in a short period, with total holdings decreasing from $351 million to $270 million.This address began building positions in December last year, with an initial account size of about $20 million, and subsequently increased short positions in mainstream coins like BTC and ETH. Due to its operational direction being completely opposite to the publicly traded company MicroStrategy, which continues to increase its BTC holdings, this address is viewed by the market as a clear "on-chain counterparty."The current main holdings of this address are:BTC 20x (long), quantity: 1,712 coins, holding amount: $160 million, current loss: $260,000, current price: $91,000, liquidation price: $75,000;ETH 20x (long), quantity: 29,000 coins, holding amount: $90 million, current loss: $170,000, current price: $3,117, liquidation price: $2,194.

Coinbase officially announced that to improve overall market health and concentrate liquidity, the platform will remove the ETH-DAI, FLOW-USDT, and MANA-ETH trading pairs, approximately at 12:00 PM Eastern Time on January 7, 2026. Eligible Coinbase Advanced users in qualifying regions can still trade ETH, FLOW, and MANA on the USD order book.

According to on-chain analyst Ai Yi's monitoring, LIT has been launched, and the current LIT FDV is $2.41 billion. Compared to the prediction made a week ago when the pre-contract was launched, the market believes that the betting ratio for an FDV above $2 billion one day later has decreased from 85.5% to 76.3%. The probabilities of reaching FDVs of $4 billion, $6 billion, and $8 billion have all significantly decreased, with the probability of exceeding $4 billion dropping from 23% to 7%.In addition, the TOP1 holder of this prediction market, Nijntje (0x4c8...ff4b), currently holds 16 positions, all related to new coin valuations and airdrop predictions, including 414,000 Lighter shares, valued at approximately $327,000, making it their heaviest position.

According to the official announcement, Bithumb has announced that due to FLOW system maintenance, it will temporarily suspend FLOW deposits and withdrawals on Sunday, December 27, 2025, at 9 PM.

According to HyperInsight monitoring, in the past hour, the whale starting with address 0xa8 has continuously increased its 40x leveraged BTC short position, having added approximately $78.61 million as of the time of writing. The current position size is about $94.08 million, with an average price of $87,200, a liquidation price of $89,400, and an unrealized profit of $360,000 (11%). Additionally, this address has set limit stop-loss orders at $88,000 to $88,300 and limit take-profit orders at $79,000 to $83,000.According to monitoring, this address has repeatedly closed and rolled over its BTC short position since establishing it on December 8, realizing a profit of nearly $3 million. Currently, its position size has surpassed that of the "BTC OG insider whale" in BTC long positions.

Bitget Launchpool project US is now open for investment. As of the time of writing, the yield of its BGB lock-up pool is 46.04% APR, and the yield of the US lock-up pool is 2,479.55% APR.

The Norwegian central bank (Norges Bank) announced after several years of research that there is currently no need to issue a central bank digital currency (CBDC), citing that Norway's domestic payment system is "efficient and secure," and has a well-established emergency mechanism.Although the use of cash in Norway is among the lowest in the world, leading to increased attention on the discussion of digital currency, the central bank believes that the current system can still meet demand.Norwegian central bank governor Ida Wolden Bache stated:"If the future requires maintaining the efficiency and security of the payment system, we will be ready to launch a CBDC at any time."She also emphasized that the central bank will continue to collaborate with the financial industry and other central banks to monitor the global development of CBDCs and digital currencies.In the Nordic region, the political stance on digital currencies has been relatively cautious. Sweden, despite early fluctuations, still calls for a restart of discussions on the e-krona; the European Central Bank plans to launch a digital euro pilot as early as 2027, with a potential official issuance in 2029.The Norwegian central bank plans to release its CBDC research summary and future plans in the first quarter of next year, stating that it does not rule out the possibility of issuing a CBDC in the future, while continuing to study tokenization and various forms of digital currencies.

A federal judge has temporarily blocked Connecticut from enforcing gambling laws against the prediction market platform Kalshi and ordered state regulators to refrain from taking any enforcement action while the court weighs the company's request for a preliminary injunction.U.S. District Judge Victor Bolden instructed state officials in a Monday order not to take enforcement action against any conduct described in the cease-and-desist letter until the court rules on Kalshi's motion for a preliminary injunction. The previous cease-and-desist letter was sent by the Connecticut Department of Consumer Protection to Kalshi and Crypto.com last week, demanding that they stop what the state regulators called unlicensed online sports betting operations.Kalshi argues that, as a CFTC-designated contract market, it enjoys exclusive federal jurisdiction, while Connecticut claims that these contracts violate state gambling laws. The oral arguments for the preliminary injunction are scheduled for February 12, 2026.