《Crypto Market Structure Bill》 will enter formal deliberation on January 15th

On January 8, Fitch Ratings lifted its U.S. GDP growth forecasts for 2025 and 2026, incorporating economic data delayed by last year’s government shutdown into its outlook. The agency now projects 2025 GDP growth at 2.1%—up from 1.8% in its December 2025 Global Economic Outlook (GEO). For 2026, the forecast was revised higher to 2.0% from the prior 1.9%. Inflation trends have been hard to parse due to incomplete October data. Fitch estimates December 2025 CPI inflation rose to 3.0% (from 2.7% in November), and expects further increases in 2026—reaching 3.2% by year-end—driven by the delayed impact of tariff pass-through. With slowing job growth offset by declining labor force growth, the 2026 average unemployment rate is seen at 4.6%, near recent levels. The Fed is expected to cut interest rates twice in the first half of 2026, lowering the federal funds rate’s upper limit to 3.25%.

U.S. stock markets opened lower on January 8. The Dow Jones Industrial Average (DJIA) fell 0.3%, the S&P 500 Index declined 0.05%, and the Nasdaq Composite dropped 0.12%.

Jan 8 — Per HTX market data, the meme coin “Binance Life” briefly surged over 20% earlier, and it’s currently trading at $0.1432. Earlier reports noted that CZ (Changpeng Zhao) stated: “I might name the Chinese edition of my book or memoir ‘Binance Life.’ This has nothing to do with any meme coin or its listing. However, I do appreciate meme culture. The term itself has a ‘stickiness’ for me and is easy to remember.”

On January 8, CZ (Changpeng Zhao) posted: “I’ll fully disclose this upfront to avoid any ‘leaks’ or overinterpretation. I haven’t told anyone yet, though some people have been guessing.” He noted he may name the Chinese edition of his memoir/book *The Binance Story*. This has nothing to do with any meme token or listing—but he accepts and enjoys meme culture, finding the term “sticky” (easy to remember). **Disclaimer**: He does not hold any meme coin named *The Binance Story* and has no intention to. He also reserves the right to ultimately skip this title, or change his mind last minute. The English edition’s title will likely be entirely different and is not finalized yet. **Expected publication**: 4–6 weeks from now. Both Chinese and English editions will release simultaneously via self-publishing. Traditional publishing is too slow, though it may offer significant distribution help. **Final note**: All personal income from the book will be donated to charities. He’s n

Jan 8 — Binance released its *2025 Blockchain Industry Annual Review Report*, noting that in 2025, the exchange became the first global platform to secure full authorization under the internationally recognized ADGM regulatory framework, with its global registered user base topping 300 million. This marks a new phase for the industry: platform scale expansion continuing hand in hand with enhanced regulatory compliance. In 2025, Binance’s total annual trading volume hit $34 trillion, with spot trading volume exceeding $7.1 trillion and year-over-year growth in average daily trading volume across all products reaching 18%. The crypto industry’s focus has shifted beyond traditional trading—Binance Alpha 2.0’s trading volume surpassed $1 trillion in 2025, drawing 17 million users. Meanwhile, ongoing investments in security, compliance, risk management, and governance delivered quantifiable, scalable user protection results, successfully blocking potential fraud losses of $6.69 billion.

On January 8th, trader Eugene Ng Ah Sio posted to his personal channel: “I’m rebuilding my SOL position. Amid this rebound, I’ve been hunting for an asset to focus on—and so far, SOL has the strongest relative strength among the top three mainstream coins. Technically, SOL also has one of the cleanest trading setups, with room for a swing up to $160 or even $200. This hinges on the trend holding, plus Bitcoin’s potential to push toward $100k down the line. My take? Price usually leads—logic and narratives follow later. Right now, SOL feels counter-consensus: market participants can’t find solid reasons to go long, which is typically the best entry point. By the time all the reasons are laid out, the market’s often already moved 50%. Right now I’m just hoping Bitcoin holds $90k—this pullback is just the first shakeout before the rally, followed by a fresh uptrend.”