Shielded Labs has received a 3,221 ZEC donation from Gemini, worth approximately $1.2 million
January 21 — Shielded Labs, the independent core development team led by Zcash (ZEC) founder Zooko, announced it has received a 3,221 ZEC donation from Gemini cryptocurrency platform founders Cameron and Tyler Winklevoss (the Winklevoss brothers). At current market prices, the contribution is valued at roughly $1.2 million.
The funds will directly back Shielded Labs’ core initiatives: the Network Sustainment Mechanism (NSM), Crosslink, and dynamic transaction fees — all aimed at bolstering the Zcash network’s security and scalability.
Shielded Labs noted this is the Winklevoss brothers’ second donation to the team. Their 2023 contribution was used to launch a dedicated team focused on advancing Crosslink.
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BTC Aiming for Gold Again, Breaking Historic Oversold Signal for Super Bull Market
Historically, Bitcoin’s relative RSI (Relative Strength Index) against gold has fallen into extreme oversold territory (below 30) four times: 2015, 2018, 2022, and 2025. Each instance ended with a sharp Bitcoin rebound as the divergent trend reversed.
- **2015**: Amid a bear market’s end, Bitcoin’s relative RSI dipped below 30, kicking off its massive 2016–2017 bull run.
- **2018**: Bitcoin plunged over 40% during a bear market while gold climbed nearly 6%. Post-RSI sub-30, Bitcoin surged over 770% from its 2020 low.
- **2022**: Bitcoin fell nearly 60% in a bear market. Once RSI hit below 30, Bitcoin rebounded and outperformed gold again.
- **2025**: Now at year-end, we’re seeing the fourth historic oversold signal. Gold skyrocketed 64% in 2025 and is up another 10% so far this year, while Bitcoin’s relative RSI has again entered oversold territory.
For deeper market analysis, check out BlockBeats’ in-depth report: *Why Is Everything Rising Except the Crypto Market*
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ETHGas Airdrop Monitor is live, claiming will start today at 9:00 PM
On January 21st, the ETHGas Foundation announced the GWEI Airdrop Checker is now live. Claims for the airdrop will open at 21:00 UTC+8 on January 21st, with details to be shared via the Foundation’s official channels.
Previously, the ETHGas Foundation revealed the governance token GWEI’s full allocation and vesting plan. The total supply is 10 billion tokens, distributed as follows:
- Ecosystem Allocation: 31% (10-year linear unlock)
- Investor Allocation: 27% (1-year cliff, 10% unlocked immediately at the cliff, followed by 2-year linear unlock)
- Team Allocation: 22% (1-year cliff, 10% unlocked immediately at the cliff, followed by 2-year linear unlock)
- Community Allocation: 10% (4-year linear unlock)
- Foundation Allocation: 8% (unlocked on launch day)
- Advisor Allocation: 2% (1-year cliff, 10% unlocked immediately at the cliff, followed by 2-year linear unlock)
Additionally, GWEI distributed via the community airdrop will be auto-staked for 30 days at launch to
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A certain whale in the DeFi space dumped 3000 WETH this morning, previously holding a $2.87 million unrealized gain but did not take profits.
Jan 21st — On-chain analyst Ai Auntie (@ai_9684xtpa) notes that whale address nemorino.eth accumulated 9,043 WETH at an average price of $3,085 between Nov 24, 2025 and yesterday.
The whale held a paper gain of $2.87 million at one point in mid-January but did not lock in profits.
12 hours ago, amid the market downturn, the whale sold 3,000 WETH for just $30,000 in realized profit.
Currently, the whale still holds 4,089.83 WETH, with an unrealized loss of $472,000.
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Paul Chan: Hong Kong Stablecoin License Expected to Be Issued Later This Year
January 21 — According to the Hong Kong Economic Times, Hong Kong Financial Secretary Paul Chan Mo-po spoke at a special address session during the World Economic Forum Annual Meeting in Davos, noting that finance and technology can drive each other forward.
As an example, digital assets — a financial innovation — enhance transparency, efficiency, inclusiveness and risk management in financial services, while effectively directing capital to the real economy. Finance also serves as a key force supporting and empowering technological development, Chan added.
The financial chief emphasized that as an international financial hub, Hong Kong adopts an active yet prudent approach to digital asset development. Aligning with the principle of “same activity, same risk, same regulation,” it promotes market accountability and sustainable growth.
Since 2023, Hong Kong has issued licenses to 11 virtual asset exchanges, with stablecoin licenses expected to be granted later this year. The Ho
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