Linera Launches Babbage Testnet

On January 2nd, CryptoOnchain shared on social media that the 14-day moving average of ETH’s Taker Buy/Sell ratio on Binance hit 1.005—its highest level since July. A ratio above 1 signals active buying pressure outpacing selling pressure in the market. Notably, this trend emerged while ETH prices remain relatively muted. Historically, sustained taker buy dominance has often preceded a rise in bullish volatility. Should this level hold, it could support price recovery efforts—though additional confirmation signals are still required.

**U.S. Tariff Delay Brief** Former President Donald Trump signed a proclamation on Wednesday (Jan. 2) to delay tariffs on upholstered furniture, cabinets, and bathroom cabinets for one year amid ongoing trade talks, offering a buffer for American home consumers and businesses. The order retains the 25% tariffs on these goods (imposed last September) but pushes back the 30% tariff on upholstered furniture and 50% tariffs on cabinets/bathroom cabinets to Jan. 1, 2027—extending the reprieve by another year. Source: Golden Finance

Alternative data shows the Crypto Fear & Greed Index hit 28 on January 2nd—up from 20 the day prior—shifting the market from "Extreme Fear" to "Fear." Note: The index ranges from 0 to 100, with components including: - Volatility (25%) - Market Volume (25%) - Social Media Hype (15%) - Market Surveys (15%) - Bitcoin’s market dominance (10%) - Google Trends Analysis (10%)

On January 2nd, CryptoOnchain tweeted that Ethereum saw a massive influx of ETH into Binance, with net inflows surging to 24,500 ETH—marking the highest level since July. Significant net inflows like this typically signal more ETH moving to the exchange, often a sign of upcoming selling pressure. This could mean whales are gearing up to sell, or traders are adjusting positions for derivative hedging. ETH is currently consolidating around $2,980, and a rise in exchange supply could cap short-term upside potential. Historically, similar inflow surges have often coincided with higher volatility or a downtrend. Overall, the current setup still leans bearish short-term, so long position holders should stay cautious.

On January 1, CoinKarma officials noted in a social media post that the cryptocurrency market has returned to an on-chain dynamics stage, where on-chain factors are now the key drivers of short-term price movements. With no clear external incremental capital entering the market, current crypto activity is primarily driven by on-chain capital flows, and short-term price fluctuations stem largely from shifts in on-chain capital direction and overall liquidity. CoinKarma has recently observed that after a period of consolidation, certain on-chain capital trends have begun to show signs of a shift. When the USDC/USDT premium index turns positive (indicating USDC trades at a premium to USDT), this signals a sharp reduction in active selling pressure from leading market funds on the BTC/USDT trading pair. The overall market liquidity index is a comprehensive metric reflecting the market’s weighted liquidity level. Currently, the USDC/USDT premium index and market liquidity index are

On January 1st, Ethereum co-founder Vitalik Buterin shared a New Year’s message on social media: “Ethereum made significant progress in 2025: higher gas limits, more blobs, improved node software quality, and a milestone breakthrough in zkEVM performance. With advancements in zkEVM and PeerDAS, Ethereum has taken the biggest step toward becoming a new, more powerful form of blockchain. However, Ethereum still faces challenges: more work is needed to hit its established goals. This isn’t about chasing the “next narrative hype”—whether it’s dollar tokenization or political meme coins—nor is it about convincing people to fill block space to reshape ETH’s deflationary properties. It’s about living up to its core mission: building a world computer as the core infrastructure for a free, open internet. Vitalik emphasized that Ethereum is building decentralized applications (dApps). These apps can run without fraud, censorship, or third-party interference. They pass “off-chain tests”: