Gate.io Launches INIT Perpetual Contract Pre-trading

**Flash News: Jan 27 – Standard Chartered Analyst Flags Stablecoin Risk to Global, U.S. Bank Deposits** Global Head of Digital Asset Research Geoff Kendrick at Standard Chartered said in a report Friday (Jan 27) that stablecoins present a real risk to global and U.S. bank deposits. Kendrick noted the delay of the U.S. CLARITY Act underscores stablecoins’ threat to banks. He estimates U.S. bank deposits will shrink as stablecoin market cap grows, with the decline representing a percentage of stablecoin market value. U.S. regional banks are poised to bear the brunt of the impact, while investment banks will see the least effect, per the report. Notably, the report found only 0.02% of Tether’s reserves and 14.5% of Circle’s reserves are held in bank deposits, indicating an extremely low rehypothecation ratio.

January 27th (CoinDesk) — The Bitcoin-to-silver exchange rate currently sits around 780, already below the peak seen when Bitcoin hit $20,000 in 2017 and near the ~700 level from November 2022 (when Bitcoin bottomed around $15,500). This renewed convergence signals silver may be entering a more fragile phase relative to Bitcoin. Historically, silver’s cyclical tops tend to cluster in the early months of each year—mostly in the first half. This pattern flags a potential risk for silver’s current price trend: if history repeats, silver may have already hit this cycle’s peak, with odds it has topped out.

On-chain analyst Wu Jinyu’s monitoring shows that as of January 27th, a 1inch investor/team address has just liquidated 14 million 1INCH tokens (valued at $1.83 million), triggering a 7% drop in 1INCH’s price — from $0.1385 to $0.129. This address received 15 million 1INCH via a vested unlock one year ago: 1 million was sold seven months ago at $0.17, while the remaining 14 million was just liquidated at $0.13.

As of January 27, per an official announcement, the Binance Wallet Fifth Pre-TGE Prime Sale will list Zama (ZAMA) with the following details: - **Time**: January 29, 2026, 8:00 a.m. – 10:00 a.m. UTC - **Eligibility**: Must hold Binance Alpha Points - **Note**: Specific Pre-TGE rules and the event access link will be released soon.

On Jan. 27, CoinDesk reported that BTC and ETH put option prices remain broadly above call options on Deribit, signaling lingering market concerns over downside risks. Analysts note downside protection has become a crowded trade, with call options now relatively cheaper for bullish investors. From a directional positioning standpoint, bearish spreads, volatility bets, and strategies such as straddles and strangles made up nearly 50% of all large-scale Bitcoin options trades over the past 24 hours. For Ethereum, traders are favoring the "iron condor" strategy to capitalize on potential range-bound price moves. Meanwhile, Volmex’s 30-day implied volatility (IV) indices for BTC and ETH sit at multi-month lows — suggesting the market hasn’t displayed meaningful panic or fear despite outflows and bearish technical patterns.

On January 27, American Bitcoin Corp (ABTC)—the Trump family-backed Bitcoin mining firm—added 416 BTC to its holdings, bringing its total to 5,843 BTC.