The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

According to data from Coinglass, as Bitcoin fell below $61,000, the crypto market saw a wave of rapid liquidations. Over the past hour, global crypto liquidations hit $134 million, with long positions accounting for $126 million and short positions totaling $8.53 million.

According to HTX market data, Bitcoin has fallen below $61,000, with a 2.85% decline in the past 24 hours.

Researcher Adam from Greeks.live wrote in a note that BTC put options are trading at a rapid pace currently. Over one-third of today’s block option trades are puts, mainly concentrated on put options expiring at the end of this month with strike prices between $60,000 and $63,000, signaling rising market risk aversion. US stocks have seen increased volatility over the past two days; accumulated risks in the broader market are unwinding, and the crypto market has been impacted, leading to a certain correction. Currently, the market is concerned about a synchronized downturn across multiple markets. He notes that with quarterly settlement approaching and low volatility having persisted for a long time, BTC is highly likely to see a sudden price swing.

Former U.S. House Speaker Nancy Pelosi reported two new option purchases on May 29, boosting her long exposure to Intel (INTC) and Uber (UBER). The related transactions were disclosed via STOCK Act filings on June 23. According to the disclosures, Pelosi bought 200 call options on Intel expiring March 19, 2027, with a $50 strike price, and the position is valued at between $1 million and $5 million. She also acquired 200 call options on Uber expiring the same date (March 19, 2027) with a $50 strike price, with the position valued at between $500,000 and $1 million.

According to Bitget data, Strategy’s share price has fallen below $100, marking its lowest level since March 2024. It is now trading at $99.8, down more than 3%.

According to Bitget market data, after the US stock market opened, Wendy's (WEN) surged over 40% to trade at $8.78. The stock had fallen more than 73% over the past five years prior to this rally. Earlier reports noted that Serenity tweeted mocking the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting US fast-food chain Wendy's. The Reddit high-risk trading community posted a meme: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they held no positions, just found the activity amusing, and added that they did not know if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a running joke among retail investors to mock their trading losses.