Pulse- Real-Time Web3 Insights

A new proposal suggests Solana consider a market-based emission model to prevent excessive inflation, which could lead to concentrated ownership and isn't crucial for network security.

The US Senate conducts hearings on Trump's potential Treasury Secretary nominee, who opposes a U.S. CBDC; official nominations await post-inauguration.

Peter Brandt suggests that Cardano has reached its lowest point and is poised for a significant bull market, backed by various price metrics indicating a potential rise to new all-time highs.

XRP's open interest has surged by $6 billion since the beginning of the month, coinciding with the altcoin reaching new all-time highs.

Despite pending lawsuits regarding Solana's status as a security, Bloomberg Intelligence predicts that Solana ETFs will likely debut by 2026.

The audit report for the DeepLink project, based on the DeepBrain Chain blockchain platform, has been delivered. The audit covered two primary contracts: DeepLink.sol and MultiSignTimeLock.sol. For detailed findings and security analysis, check out the full audit on the project detail page.

Today's crypto market witnessed significant activities involving XRP, Bitcoin, and ONDO, impacting market dynamics.

Solana-based Tapestry raised $5.75 million in Series A funding led by Union Square Ventures and Fabric Ventures, marking its total funding at $12.5 million. The fund values its equity at $35 million and token network at $70 million; key investors have joined its board.

Sources indicate Donald Trump is receptive to a U.S.-focused crypto reserve; XRP surges to around $3.39, its highest since 2018. The new political climate may bolster crypto adoption, alongside Ripple's favorable legal developments.

The former Binance.US chief has raised $20 million to develop a stablecoin network, within a market valued at over $214 billion, majorly led by Tether and Circle.

Solana and XRP saw gains as reports suggested Trump's interest in a crypto reserve, though experts expressed skepticism about including altcoins.

Avalon Labs' airdrop registration surpassed three million in one day, with a total locked value now exceeding $2 billion. The company previously raised $10 million in a Series A funding round led by Framework Ventures.

Tether has used Kraken's Ink, an Ethereum scaling layer, for its first deployment of USDT0. The token aims to evolve into a cross-chain liquidity layer using LayerZero's Omnichain Fungible Token standard.

The MegaETH blockchain-based decentralized exchange GTE has raised $10 million across three funding rounds, receiving investments from prominent firms such as Maven 11, Wintermute, and others.

Coinbase International has announced the launch of AIXBT, PNUT, and VET perpetual contracts on January 23, 2025, at 9:30 UTC, available on both the Coinbase International and Coinbase Advanced platforms.

The decentralized exchange GTE of MegaETH has completed a $10 million funding round, with contributions from Maven 11, Wintermute, and Flow Traders. The investment includes a $1.5 million pre-seed round, a $6.942 million seed round, and a $2.5 million community round through Cobie's Echo platform.

Coinbase has introduced Bitcoin-backed loans in collaboration with Morpho DeFi, emphasizing its dedication to economic freedom as stated by Vice President Max Branzburg.

Avalon Labs reports over 3 million registrations in 24 hours for its airdrop campaign, with site hits reaching 18 million. The platform, a leader in BTCFi with a TVL exceeding $2 billion, recently secured $10 million in Series A funding led by Framework Ventures.

According to coinglass, the crypto market saw $347 million in liquidations in the past 24 hours, with $192 million in long positions and $154 million in short positions. Notably, BTC liquidations amounted to $79.77 million, ETH to $65.55 million, and XRP to $42.47 million.

A recent analysis by Liu Xiaochun and Xiao Lei suggests that most cryptocurrency innovations mainly serve financial purposes. They propose exploring non-fiat asset paths and developing fiat-linked payment tools for more feasible crypto applications.

As of January 15, BlackRock's Bitcoin ETF, IBIT, reported holdings of 554,311.086 BTC, valued over $55.46 billion.

Prediction market Polymarket data shows a 48% chance of the US establishing a national bitcoin reserve by 2025, with a trading volume of $121,145 on this contract, expiring at the end of 2025.

FET's recent market breakout draws traders' attention to potential strategic moves. Analysts suggest monitoring key indicators for further developments.

Fidelity has reduced its Canadian Bitcoin ETF fees to 32 basis points, matching BlackRock's recent fee cut to the same level. Both firms now offer the lowest fees in the market, highlighting increasing competition among U.S. issuers in Canada.

Polymarket data reveals a 48% probability of the US forming a national BTC reserve by 2025, with the prediction contract seeing a trading volume of $121,145 and set to expire at the end of 2025.

According to a 21Shares analyst, Bitcoin has not yet reached its cycle peak, with potential for further growth. Key metrics such as MVRV ratio, net unrealized profit/loss, and long-term holder sell risk suggest Bitcoin needs to surpass $200,000 to achieve this peak.

Bitget has announced the launch of DUCK perpetual contracts with up to 50x leverage, and strategy trading will also be available. This move follows the latest update from the official announcement.

According to DEGEN NEWS, a trust named 'GRAYSCALE HELIUM TRUST (HNT)' was registered in Delaware on January 14, 2025, potentially indicating Grayscale's interest in launching a Helium trust product.

Fidelity has reduced its Canadian Bitcoin ETF management fee to 0.32%, matching BlackRock's rate. This adjustment makes both institutions' products the lowest-cost Bitcoin ETFs in the Canadian market.

Cointelegraph's experiment found AI models, ChatGPT and Grok, forecasting XRP price rise to $10–$50 contingent on spot ETF approval.

Bitcoin's price declined by 3% as it continues to struggle below $100,000, despite better-than-expected US jobs data, while XRP achieved a new all-time high.

Canary Funds' amended litecoin ETF filings suggest potential SEC engagement, hinting at future approval prospects.

According to ChainCatcher and Lookonchain monitoring, three major Ethereum holders sold 10,895 ETH worth approximately $36.47 million in the past three hours. Jitrust.eth deposited 4,669 ETH to Binance, losing $1.6 million; 0x0945 sold 4,216 ETH at $3,341 each; and 0x0121 sold 2,010 ETH at $3,352 each.

Rebecca Rettig, former General Counsel at Talos with extensive DeFi experience, will start as Chief Legal Officer at Jito Labs next week. She will lead legal and compliance matters, focusing on the evolving staking ETF sector and MEV policy development.

According to Whale Alert, an unknown wallet transferred 10,557 BTC to Coinbase Institutional, totaling approximately $1.04 billion.

According to 21Shares analysts, BTC has not reached its market cycle peak based on MVRV ratio, unrealized net profit and loss, and long-term holder sell-side risk ratio, indicating potential for further market growth.

Market reports revealed Grayscale has registered the Grayscale Helium Trust (HNT) in Nevada.

Legal tech company Eve, backed by a16z, announced its Series A funding round. The AI legal assistant platform has seen an 800% customer growth in the past year and added 80 law firm clients in eight months.

Canadian firm Goodfood Market Corp. has adopted Bitcoin as a reserve asset, making an initial $1 million investment through a spot ETF and plans to increase holdings with future excess cash flows.

Rebecca Rettig, previously the General Counsel at Talos, has been appointed as the Chief Legal Officer at Jito Labs by founder buffalu, bringing her extensive DeFi expertise to lead legal, compliance, and policy initiatives starting next week.

Puffer Finance has announced its Q2 update, replacing its off-chain points system with the ERC-20 CARROT token. The community-driven rewards system will distribute up to 100 million CARROT tokens for staking, voting, and providing liquidity based on community governance metrics.

Lookonchain monitoring revealed that in the past three hours, three whales sold a total of 10,895 ETH, equivalent to approximately $36.47 million. Notably, the address jitrust.eth deposited 4,669 ETH, worth about $15.65 million, into Binance, incurring an approximate $1.6 million loss.

Binance.US announced the launch of PENGU trading, supporting PENGU/USDT pairs and deposits or withdrawals on the Solana network.

Virtuals Protocol announced on Platform X that it has paid over $30,000 in bug bounties by January 16, expressing gratitude to the community of security researchers for responsibly reporting vulnerabilities.

At market open, the Dow Jones fell 0.01%, S&P 500 rose 0.22%, and Nasdaq increased 0.35%, while MicroStrategy and Coinbase saw declines of 0.77% and 0.83% respectively.

Word Foundation announced on Platform X that it has joined Optimism's Security Council, where it will participate as a representative in upcoming council activities.

According to RootData, Unit Protocol's DUCK token has experienced a 4908.58% surge in the past 24 hours, currently priced at $0.0109. The Unit Protocol is a decentralized lending protocol that allows users to mint USDP stablecoins by using various tokens as collateral.

Goodfood Market Corp., a publicly listed Canadian company on the TSX, has announced a strategic shift in financial management by adopting Bitcoin as a reserve asset. Through investing around $1 million via a spot ETF, the company aims to increase its Bitcoin holdings by investing a portion of future cash flow.

Ethereum's price dipped below $3300, with OKX reporting it at $3304.49, a 24-hour gain of 0.34%.

Venture capital firm a16z has invested in Eve, an AI-driven platform designed to enhance legal services for plaintiffs by serving as an intelligent partner for attorneys. Eve's technology allows lawyers to manage 3-4 times more cases than previously possible.

PostFinance, Switzerland's largest state-owned bank, announced its Ethereum staking service, marking it as the first systemically important bank to do so. Following last year's introduction of cryptocurrency trading and custody services, the bank plans to offer staking for additional tokens soon to enable passive income from digital assets.

Coinbase has launched Bitcoin-backed onchain loans through Morpho on its Ethereum Layer 2 network, Base, allowing U.S. customers to borrow using bitcoin as collateral. The service enables quick disbursement and flexible repayment terms, starting in the U.S. outside of New York, with plans for expansion.

XRP has soared to a 7-year high, surpassing $3, as large investors accumulate around $3.8 billion worth of the cryptocurrency, raising speculation about its future movement.

The value of the VIRTUAL token has surged following strategic token burns by Virtuals Protocol, raising its market status. Analysts suggest that this approach has positively impacted investor sentiment.

On January 16, PostFinance, a Swiss state-owned bank, announced the expansion of its cryptocurrency business via Ethereum staking, enabling Ethereum holders to earn passive income. The bank plans to include staking for other tokens in the near future.

OKX has announced plans to introduce SOLV USDT perpetual futures on January 17, 2025. Solv is a decentralized Bitcoin staking protocol, enhancing liquidity and standardizing staking with its Staking Abstraction Layer.

Coinbase is set to offer loans backed by Bitcoin through its partnership with Morpho. Loan eligibility will depend on collateral rather than credit scores.

HBAR climbed 17%, leading the CoinDesk 20 index higher, with Litecoin also rising 13% as a top performer.

Coinbase is re-launching Bitcoin loans for US users, partnering with DeFi lender Morpho to manage the loans. Users' collateral is converted to cbBTC and sent to Morpho when borrowing USDC against Bitcoin.

Binance will adjust its crypto deposit and withdrawal processes for Polish and Belgian users from January 20, 2025, to comply with EU regulations. Users must provide sender information for deposits over €1,000 and recipient information for any withdrawals, or transactions may face delays or returns.

Bloomberg reports that Swiss state bank PostFinance is expanding its crypto services by allowing Ethereum holders to earn passive income through staking. PostFinance plans to introduce staking for additional tokens in the near future.

Bitcoin's current price on OKX is $99,049.60, marking a 0.39% drop over 24 hours.

Web 2.5 infrastructure company Torram has raised $710,000 in a pre-seed funding round with participation from Draper Associates, Blockchain Founders Fund, and others. Torram offers an AI-enhanced index for BTC dApps, bridging crypto-native and real-world data on-chain.

Sky, formerly known as MakerDAO, announced on Platform X its deployment on the Base blockchain.

US Senator Cynthia Lummis questions the US Marshals' plan to sell seized Bitcoin, stating it may result in an $18.5 billion taxpayer loss. Lummis argues the sale contradicts future government policy goals for a national Bitcoin reserve.

According to 8marketcap data, XRP's market cap has reached $190.89 billion, surpassing Goldman Sachs to rank 86th among global mainstream assets.

Telegram's multi-chain wallet, Bitget Wallet Lite, has announced full support for TON Connect. This integration simplifies wallet connections to the TON ecosystem, enhancing development efficiency and user experience with decentralized applications (DApps) on Telegram.

A trader, who gained $5.16M during the LUNA/UST crash by shorting Bitcoin, sold 4,192 ETH for a profit of $3.02M. This strategic move involved purchasing ETH at an average of $2,490 last September and selling it through two addresses at an average price of $3,210 over the past three days.

Coinbase has unveiled a DeFi-based Bitcoin-backed loan service for U.S. users, excluding New York, with technology support from Morpho. The service allows Bitcoin to be converted into cbBTC for integration into the Morpho protocol.

Starting January 20, 2025, Binance users in Poland and Belgium must provide sender information for deposits over €1,000 and recipient details for all withdrawals, in line with EU regulations.

Coinbase has reintroduced Bitcoin lending for US customers using the Morpho platform, according to DeFiLlama.

According to ChainCatcher and Coingecko, XRP's market cap has exceeded $190 billion, reaching $191.03 billion. XRP currently trades at $3.34, with a 24-hour increase of 20.2%.

Core contributor EtherMage announced on Platform X that Virtuals Protocol has deployed a contract upgrade to provide tax incentives to creators, treating them as developers. The update ensures liquidity is locked for 10 years by allowing proxies to hold staked tokens responsible for maintaining pool liquidity.

According to ChainCatcher, three significant crypto whales accumulated a total of 577,200 SOL today, valued at approximately $125 million. Whale rxj4 received 245,200 SOL from multiple wallets, whale 34bh withdrew 208,000 SOL from Coinbase, and whale ffda extracted 124,000 SOL from Binance.

According to Politico, US Senator Cynthia Lummis is probing the Bitcoin sales conducted by the US Marshals Service.