A whale address has opened a $36.27 million BTC long position and shorted an equivalent value of ETH, SOL, and AVAX
January 10th — On-chain analyst Ai Auntie (@ai_9684xtpa) reports that address 0x61C…2A62B deposited $5.106M into Hyperliquid over the past 6 hours, then opened a $36.27M BTC long position and a $36.87M ETH/SOL/AVAX short position. The long and short positions are roughly equal in value, totaling an overall position size of $73.15M.
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Pelosi and 30 Other Democrats Jointly Push for "Insider Trading Prediction Market" Bill
**Breaking: 30 House Dems (Including Pelosi) Push Bill Banning Elected Officials From Political Prediction Market Betting**
January 10, per *The Block* — Thirty Democratic lawmakers, including former House Speaker Nancy Pelosi, are co-sponsoring legislation to bar elected officials from placing politically related bets on prediction markets. The push follows recent wagering tied to former Venezuelan President Nicolás Maduro’s arrest.
The measure, dubbed the *2026 Financial Prediction Market Public Integrity Act*, was formally introduced Friday by New York Democratic Rep. Ritchie Torres. *Axios* reports a prior Polymarket bet — where a user wagered Maduro would “step down” by month’s end and netted $400,000 — sparked insider trading concerns, speeding the bill’s rollout.
In a Friday statement, Torres said: “Imagine a Trump administration official betting on events like Maduro stepping down. As a government insider and prediction market participant, that person would face the ma
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Multi-chain wallet Zerion has integrated the TRON network
On January 10, Web3 wallet data platform Zerion announced it has strategically integrated the TRON network into its multi-chain wallet, per official sources.
This update lets users securely self-custody, manage, track, and exchange digital assets directly on the TRON network via Zerion’s interface.
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Institutions are Adopting a "Cautiously Optimistic" Outlook for 2026, with the "Cryptocurrency Market Structure Bill" in Focus
**January 10th Crypto Update**
A team led by Goldman Sachs analyst James Yaro said in a report: “We believe improvements to the regulatory environment are a key driver for ongoing institutional adoption of cryptocurrency—especially for financial institutions acting as buyers and sellers—while new use cases for crypto beyond trading are also emerging.” The report highlighted the long-awaited U.S. market structure legislation currently advancing in Congress as a critical catalyst.
Goldman Sachs analysts warned the legislation must pass by the first half of 2026, as November’s U.S. midterm elections could delay the process.
Other voices have aligned with Goldman’s crypto market outlook. Jim Ferraioli, Director of Crypto Research & Strategy at Javelin Wealth Management Financial Research Center, noted in an email: “Following the sharp sell-off at the end of 2025, institutional adoption may slow in the first half of this year—but passage of the Clarity Act could accelerate entry fo
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The XRP Spot ETF has attracted over $1 billion in assets under management. Some institutional investors still remain skeptical and consider it a meme coin.
January 10
As of January 10, the XRP spot ETF has drawn over $1 billion in inflows since its launch in November 2025—but some analysts warn the current enthusiasm may not last.
Brian Huang, co-founder of investment platform Glider, noted: “The core of investing boils down to growth potential and which builders are building on the blockchain. When we look at the builders a16z is betting on, XRP doesn’t even crack the list.”
Huang’s skepticism stems from a lack of builders in XRP’s ecosystem. “Builders creating infrastructure and apps drive ecosystem growth and boost the value of the underlying token,” he explained. “Without builders, XRP’s growth will be extremely limited. Most big institutions don’t even view Ripple-linked XRP as a serious project—and the institutional investors who hold most crypto ETFs may be reluctant to add XRP, since they see it as a meme coin.”
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