Coinbase CEO: Trump's Term May Boost Cryptocurrency Investment

On January 22nd, according to data from DefiLlama, the market capitalization of Solana's on-chain stablecoins has exceeded $10 billion, reaching $10.183 billion and hitting a new all-time high. It has seen a 7-day increase of 69.36%.

On January 22nd, based on Glassnode data, since Bitcoin exceeded $100,000, the rate of its capital inflow has decelerated. However, Bitcoin's realized market capitalization has achieved a new all-time high of $832 billion and is still growing at a pace of $38.6 billion per month. By December 2024, the peak of net realized profit taking reached $4.5 billion and has now decreased to $316.7 million (-93%). The reduction in this selling pressure suggests that the market is resetting to a state of supply-demand equilibrium. The total of realized profits and losses has dropped by 65%, from $4 billion to $1.4 billion. Nevertheless, this metric remains at a relatively high level compared to historical levels, indicating that daily demand is still absorbing capital inflows.

On January 22nd, the CEO of Saudi Aramco stated, "We are currently not inclined to consider making investments in cryptocurrency."

On January 22nd, Cointelegraph stated on social media that Upbit and Bithumb will compensate investors with $2.4 million for the losses incurred due to a network outage in December 2023.

On January 22nd, Bitget announced the launch of Bitget Seed, a brand new on-chain asset trading platform that focuses on exploring high-potential projects in the market. Initially, it supports the Solana network. Bitget Seed will curate 0-5 high-quality tokens daily. Users can access and trade these tokens through the latest version of Bitget. Bitget Seed stands out by featuring tokens selected by an AI algorithm based on massive on-chain data and big data models, which reduces the possibility of insider trading behaviors. In addition, users only need to click once to apply for a Bitget Web3 wallet to trade the assets launched on Bitget Seed. There is no need for a mnemonic phrase, which significantly enhances operational convenience. For trading, Bitget Seed has introduced the "Gas-Free" feature, eliminating the trouble of gas fees and allowing users to easily conduct on-chain token transactions using USDT. Bitget Seed will also serve as a listing pool for Bitget, providing higher t

On January 22nd, according to an official announcement, Bybit is going to launch ANIME spot trading.