PA Daily News | Strategy invests $2.13 billion to acquire 22,305 BTC; US Supreme Court makes no ruling on Trump tariff case.

Today's top news highlights:

Strategy spent $2.13 billion to acquire 22,305 more Bitcoins.

BitMine currently holds over 3.48% of the total ETH token supply, with total assets reaching $14.5 billion.

The U.S. Supreme Court did not rule on the legality challenge to Trump's global tariffs.

US Treasury Secretary: Seized Bitcoin will be added to the government's digital asset reserves

The chairman of the US CFTC announced the launch of the "Future Proof" program to upgrade the agency's approach to cryptocurrency regulation.

The Trump family's net worth has reached $6.8 billion, with crypto assets accounting for one-fifth of that.

Glassnode: Bitcoin's pullback from recent highs reflects weakening momentum, not a deterioration in the trend.

BTC briefly fell below $88,000 today, and ETH has now fallen below $3,000.

Regulation & Macro

The U.S. Supreme Court did not rule on the legality challenge to Trump's global tariffs.

According to Jinshi News, the U.S. Supreme Court did not rule on the challenge to the legitimacy of Trump's global tariffs.

The chairman of the US CFTC announced the launch of the "Future Proof" program to upgrade the agency's approach to cryptocurrency regulation.

According to The Block, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the launch of the "Future Proof" program, aimed at comprehensively upgrading the agency's approach to regulating digital assets. In his first month in office, Selig stated that the CFTC needs to "upgrade" and plans a broad review of its rules, aiming for a "minimum effective dose of regulation." He pointed out that decades-old rules designed for agricultural futures contracts still apply to traditional markets but do not cover emerging products or trading venues, and the CFTC must upgrade its approach to unleash innovation. Despite the legislative process being stalled last week due to disagreements over the handling of stablecoin yields, Selig stated that the CFTC is ready to regulate the crypto industry, and that if Congress passes legislation making the U.S. a crypto hub, the CFTC will assume a series of new responsibilities. The plan also appears to cover prediction markets. Selig stated that as new asset classes emerge and the CFTC's role evolves, the guidelines should not only be suitable for the products but also serve tailored regulatory purposes. He revealed that the agency plans to announce more "policy changes" in the coming days.

US Treasury Secretary: Seized Bitcoin will be added to the government's digital asset reserves

According to CoinDesk, U.S. Treasury Secretary Bessant stated that the seized Bitcoin will be added to the government's digital asset reserve.

Bessenter: Not worried about a sell-off of US Treasury bonds; Japanese counterparts will step in.

According to foreign media reports, US Treasury Secretary Bessenter stated on Wednesday that he is not worried about the sell-off of US Treasury bonds and linked it to the volatility of Japanese government bonds, saying he has been in contact with his Japanese counterparts and assured them that they will take measures to stabilize the market. Denmark's position on US Treasury bonds is irrelevant, just like the country itself. He called on European allies to understand that Greenland needs to be part of the United States and hoped they would sit back and wait for President Trump's speech. According to the schedule released by the World Economic Forum, Trump is scheduled to deliver a public speech in Davos at 9:30 PM Beijing time. However, Bessenter indicated that President Trump would arrive in Davos approximately three hours late.

A Massachusetts court has ruled to ban Kalshi Sports Betting, with the ruling expected to take effect as early as this Friday.

According to DL News, a Massachusetts judge has ruled to ban prediction market platform Kalshi from offering sports betting services in the state, with the ruling expected to take effect as early as this Friday, potentially becoming the first such ban in the U.S. The court ruled that Kalshi, despite warnings from the CFTC, actively expanded into states requiring betting licenses and must comply with local laws. The state attorney general called the ruling an important step in strengthening betting regulation. Kalshi had previously argued that it was regulated by the CFTC and the state had no right to interfere, a claim the court rejected. Since its launch in January 2025, Kalshi's sports betting business has accounted for 70% of its revenue.

Project Updates

Nansen launches AI trading functionality, supporting Solana and BaseChain, enabling integrated analytics and trading.

According to The Block, on-chain analytics platform Nansen has launched an AI-driven trading solution, now available on the Solana and Base chains and integrated into their website and mobile app. Users can engage in "conversational trading" via a chat interface or trading terminal. The system provides suggestions based on data from over 500 million tagged wallets, but explicit user authorization is required for each trade. Nansen also integrates Jupiter, OKX DEX, and LI.FI as liquidity and cross-chain providers. This service is not currently available to users in Singapore, Cuba, Iran, North Korea, Syria, and Russia.

Paradex reported that its Mithril trading bot was compromised and that the relevant subkeys have been revoked.

According to a Paradex announcement, the internal system of the Mithril trading bot was compromised, resulting in the leakage of approximately 57 user subkeys. While these subkeys cannot withdraw funds, they grant account trading privileges and are commonly used to connect third-party applications to the trading bot. Paradex has suspended all XP transfers and revoked all subkeys associated with Mithril. Affected users are limited to accounts that have previously authorized the Mithril bot. Paradex advises users to exercise caution when authorizing third-party services and to assess the risks themselves.

Galaxy plans to launch a $100 million crypto hedge fund in Q1 2026, with up to 30% of its assets invested in crypto tokens.

According to the Financial Times, Mike Novogratz's Galaxy Group plans to launch a $100 million crypto hedge fund in the first quarter of 2026, aiming to profit from market volatility. The fund will invest up to 30% of its assets in crypto tokens, with the remainder allocated to financial services stocks impacted by digital asset technology and regulatory changes. It has already secured commitments from family offices, high-net-worth clients, and institutions, with Galaxy also participating in the investment. Led by Joe Armao, the fund plans to focus on the "winners and losers" theme in the financial industry, responding to the profound changes brought about by digital assets and AI technology.

Solana Mobile has launched its native token, SKR, and Seeker users can claim an airdrop before April 20th.

According to a Solana Mobile announcement, its mobile ecosystem native token, SKR, has officially launched on the Solana mainnet. Over 2 billion SKR will be distributed to Seeker Season 1 users and developers in this airdrop. Users can claim and stake SKR through the Seed Vault Wallet within their Seeker devices to earn inflation rewards every 48 hours. SKR, as the SPL token, will be used for platform governance, reward distribution, and ecosystem incentives. Unclaimed airdrops will be returned to the airdrop pool after April 20th. Seeker Season 2 has also launched simultaneously, covering diverse scenarios including DeFi, payments, and games.

Noble will migrate from the Cosmos chain to an independent EVM L1, with the mainnet scheduled to launch on March 18th.

According to Noble's official announcement, the stablecoin infrastructure project Noble will officially launch its EVM Layer 1 mainnet based on the Commonware architecture on March 18, 2026, separating it from the existing Cosmos SDK chain. The new chain supports sub-second transaction finality, open contract deployment, and dedicated payment channels, and will use its native yield-generating stablecoin USDN as its core asset, expanding into scenarios such as FX trading, DeFi yield strategies, and payment clearing. The existing Cosmos chain will gradually transition to maintenance mode, with IBC connections remaining unchanged, and the team will provide asset migration paths.

Grayscale has applied to list its NEAR spot ETF in the US, which may be named "Grayscale Near Trust ETF".

According to SEC filings, Grayscale has submitted an S-1 registration statement to launch a spot ETF product, "Grayscale Near Trust," based on NEAR blockchain assets, and plans to list it on the NYSE Arca under the ticker symbol "GSNR." The trust will directly hold NEAR tokens and support subscriptions and redemptions in NEAR or cash. Coinbase will act as the custodian and prime broker.

Fight.ID opens $FIGHT airdrop price query

UFC partner Fight.ID tweeted that its $FIGHT token airdrop eligibility check is now live, powered by Jupiter Mobile. Users can immediately check their eligibility for the airdrop; further details will be announced later. Previously reported, Binance Alpha will list FIGHT on January 22nd.

Trump Media & Technology Group announced that registration for its digital token program will begin on February 2nd.

According to GLOBE NEWSWIRE, Trump Media & Technology Group has announced that the record date for its digital token program is February 2, 2026. At that time, the ultimate beneficial owners and registered holders of at least one DJT stock will be eligible to receive tokens and related incentives. The company cautions that if a shareholder is designated as a "dissenting beneficial owner," it may delay or hinder information sharing. Shareholders are advised to contact their brokers to confirm they are "non-dissenting beneficial owners" (NOBO) or transfer their shares to the company's designated direct registration account. After the record date, the company will partner with Crypto.com to mint tokens, conduct blockchain registration, and custody assets. Specific allocation procedures will be announced later. The company also plans to provide various rewards to shareholders on the record date throughout the year, including benefits or discounts on its products. The CEO stated that this move aims to leverage blockchain technology to improve transparency and protect shareholder interests.

WLFI faced community opposition due to its "team wallet" pushing to pass the vote on the USD1 growth proposal.

According to Cointelegraph, World Liberty Financial (WLFI) is facing controversy over a governance vote on a proposal to increase the value of its USD1 stablecoin. The community criticizes the exclusion of locked-up holders from the vote and claims that the outcome was dominated by a few affiliated wallets. On-chain voting data shows that the top nine wallets controlled approximately 59% of the voting power, with the largest single wallet contributing 18.786%. Anonymous researcher DeFi^2 points out that these key affirmative votes mostly came from addresses associated with the team or strategic partners, while ordinary holders with a large amount of locked-up tokens were excluded from the vote. Critics argue that the project should prioritize addressing investors' unlocking issues rather than pushing proposals that could further dilute the rights of token holders. According to project documents, 75% of the protocol's net revenue is allocated to entities associated with the Trump family, and 25% goes to entities associated with the Witkoff family; WLFI holders do not directly share in the protocol's revenue.

Trove Markets' token plummeted by over 95% within minutes of its listing, further exacerbating the negative impact.

According to The Block, Trove Markets has fallen into deeper controversy after its token generation event, with its token TROVE plummeting by over 95% within minutes of listing on Solana. The token's fully diluted valuation quickly dropped from approximately $20 million implied at the time of the public sale to less than $1 million, and the liquidity pools dried up rapidly after launch, exacerbating losses for early buyers. Previously, after raising $11.5 million, the project abruptly switched its deployment chain from Hyperliquid to Solana at the last minute, sparking community discontent. The Trove team stated it would retain approximately $9.4 million of the raised funds and offer only partial refunds, further angering participants demanding full refunds. Numerous accusations have surfaced on social media, alleging misappropriation of funds, transfer of funds via mixers, and undisclosed influencer promotion. On-chain investigator ZachXBT publicly questioned a $45,000 SOL transaction transferred from a Trove angel round address, linked to casino deposits. The Trove team denied the "exit scam" allegations, stating that user funds remain and emphasizing continued development. The project was previously incubated by Paradigm and raised $35 million in 2021 at a valuation of $400 million.

Binance will list Ripple USD (RLUSD) and launch a zero-fee trading campaign.

According to a Binance announcement, the platform will list Ripple USD (RLUSD) on January 22, 2026 at 16:00 (Beijing time), and will open two spot trading pairs: RLUSD/USDT and RLUSD/U. To celebrate the launch, Binance will offer a limited-time zero-fee promotion for the above trading pairs.

Binance Alpha will launch an ETHGas (GWEI) airdrop tonight at 8 PM, with a minimum investment of 230 credits.

According to a Binance Wallet announcement, the Binance Alpha platform will open ETHGas (GWEI) trading on January 21, 2026 at 20:00 (UTC+8). Users holding at least 230 Alpha Credits can claim a 2400 GWEI airdrop on a first-come, first-served basis. The airdrop will consume 15 Credits. If the reward pool is not exhausted, the Credit threshold will automatically decrease by 5 Credits every 5 minutes. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will be considered to have forfeited their claim.

Binance Wallet is launching a limited-time event where users can earn Alpha task points by trading stock tokens.

PANews reported on January 20th that Binance announced on its X platform that users can earn Binance Alpha Points by trading stock tokens using the Binance Wallet. The promotion runs from 21:00 on January 20th, 2026 to 20:59 on February 3rd, 2026 (UTC+8). During the promotion period, users who successfully purchase a single stock token transaction of ≥50 USDT/USDC within the Binance Wallet (App/Web) will receive 5 Binance Alpha Points (limited to one per user).

Coinbase officially launches ELSA spot trading and deposit services.

According to a Coinbase Markets announcement, ELSA (Elsa) is now available on coinbase.com and the Coinbase App. Users can log in to their accounts to buy, sell, exchange, send, receive, or store ELSA assets.

Robinhood Crypto has listed the MNT token.

Robinhood announced on its X platform that the MNT token is now available for trading on Robinhood Crypto, including in the New York area.

Binance Alpha has launched Ucan fix life in 1 day (1) and the wrong version of the horse (crying horse).

Foreign media reports that OpenAI will launch chatbot advertising in February, charging based on ad views.

According to The Information, OpenAI has begun offering its new chatbot advertising service to dozens of advertisers. OpenAI will launch chatbot ads in February and will charge based on ad views.

Previously, it was reported that OpenAI launched the ChatGPT age prediction system to strengthen the protection of underage users .

DeepSeek's new model MODEL1 code has been leaked, suggesting a completely new architecture.

According to Qubit, the name "MODEL1" appeared for the first time in DeepSeek's updated FlashMLA code on GitHub, appearing in 28 mentions across 114 files and listed alongside the existing version V32 (DeepSeek-V3.2), suggesting that MODEL1 is a next-generation architecture model. Code differences indicate that the model has been optimized in areas such as KV cache layout, sparsity handling, and FP8 decoding, and may be officially released around the Spring Festival. Combined with the recently disclosed mHC residual connection mechanism and Engram memory module, MODEL1 is expected to integrate several self-developed innovations.

Analysis & Opinions

Vitalik: 2026 will see a full return to decentralized social networking.

Vitalik Buterin posted on the X platform that he plans to fully return to decentralized social networking in 2026, and has already started using the Firefly.social aggregation client this year for posting and reading, covering X, Lens, Farcaster, and Bluesky. He criticized existing crypto social projects for relying too much on speculative tokens and neglecting content quality and long-term user interests, emphasizing that decentralized competition mechanisms are key to improving social tools. He is optimistic about the new developments Lens has driven since being taken over by Mask Network and encourages users to actively participate in the decentralized social ecosystem.

Analysis: Bitcoin shows bullish signals, with $90,000 becoming a key price level.

According to Cointelegraph analysis, both the Bitcoin miner indicator and the market sentiment index recently issued "buy" signals simultaneously, bringing positive signs to the market. The Hashband indicator (measuring the 30-day and 60-day moving averages of hashrate) has shown a "buy" signal, suggesting the miner capitulation phase may be ending. This signal historically often coincides with significant price discounts and long-term buying opportunities. The last time this signal appeared was in July 2025, after which Bitcoin surged 25% to an all-time high. Meanwhile, the 30-day moving average of the Crypto Fear & Greed Index crossed above its 90-day moving average for the first time since May 2025, suggesting market sentiment is shifting from prolonged fear to positivity. Analysts emphasize that $90,000 is a key psychological and technical support level that Bitcoin must hold, coinciding with the 200-period moving average on the 4-hour chart and the lower trendline of the weekly bearish flag pattern. If the price can hold, buyers will remain in control, and a rebound is expected. If the weekly closing price falls below this level, it may further decline to the $80,000 to $85,000 range, or even test the April 2025 low of $74,500 and the 200-week moving average of $68,000.

Ethereum's record-breaking 2.9 million transactions in a single day may be primarily driven by "address poisoning" attacks.

According to CoinDesk, Ethereum network activity has recently surged, reaching a new daily record of 2.9 million transactions. However, the ETH price has reacted tepidly, potentially stemming from a large-scale "address poisoning" attack rather than genuine user demand growth. Research found that approximately 80% of the abnormal increase in new addresses was related to stablecoins, and about 67% of newly active addresses made initial transfers of less than $1, consistent with "dust attacks." In the analyzed sample, approximately 3.86 million addresses received "poisoned dust" in their first stablecoin transaction. Attackers used smart contracts to send small amounts of stablecoins to hundreds of thousands of addresses, polluting users' transaction history and inducing them to mistakenly transfer large sums to fake, similar addresses. The significant drop in transaction fees following the Fusaka upgrade in early December last year made such low-cost attacks feasible. This suggests that Ethereum's record transaction volume may be exaggerated by spam transactions, weakening its credibility as a signal of increased network demand, and the market has not viewed it as a positive catalyst for ETH prices.

Glassnode: Bitcoin's pullback from recent highs reflects weakening momentum, not a deterioration in the trend.

According to Glassnode's weekly market analysis report released on Monday, the flow of funds into US spot Bitcoin ETFs reversed sharply, showing strong inflows, indicating that institutions are re-accumulating positions. While ETF trading volume rose accordingly, increased holder profits also bring the risk of short-term profit-taking. Bitcoin has fallen from its recent high of $98,000 to just over $90,000. The Relative Strength Index (RSI) fell on January 14th but remained above neutral levels, indicating that it is in a consolidation phase rather than a deteriorating trend. Spot trading volume has risen moderately, and the net buy-sell imbalance has exceeded the upper limit of the statistical band, indicating a significant easing of selling pressure, but demand remains fragile. A slight increase in futures open interest reflects cautious rebuilding of speculative activity, while a sharp drop in funding rates suggests reduced urgency from long positions. The options market continues to price high uncertainty, and downside protection demand remains. On-chain activity is stabilizing, with both the number of active addresses and transfer volume showing an improving trend, while network fees have risen slightly. Short-term holder supply remains high, keeping the market sensitive to price fluctuations. Overall, Bitcoin is in a consolidation phase, but increased buying power and renewed institutional interest are driving the market structure toward a more constructive direction.

Analysis: With weakening risk appetite and tightening liquidity, Bitcoin is struggling to rebuild its upward momentum.

A Singapore-based crypto investment firm, QCP Capital, published an analysis stating that global markets have shifted to a risk-averse mode due to soaring Japanese government bond yields and escalating trade tensions between the US and Europe, causing Bitcoin to fall below $90,000. The yield on Japan's 10-year government bonds rose to approximately 2.29%, the highest level since 1999, raising concerns about the country's fiscal sustainability. Japan's government debt-to-GDP ratio has exceeded 240%, with total debt approaching 1342 trillion yen, and debt servicing is projected to account for a quarter of fiscal spending by 2026. Meanwhile, President Trump announced a 10% tariff on eight European countries opposing US control of Greenland (effective February 1st, rising to 25% on June 1st), prompting Europe to quickly prepare retaliatory measures, potentially escalating bilateral relations, worth approximately $650-700 billion annually, into a confrontational phase. The European Parliament is considering suspending ratification of the US-EU trade agreement reached last July. Against this backdrop, Bitcoin failed to act as a hedge, instead exhibiting characteristics of a high-beta risk asset, highly sensitive to interest rates, geopolitical events, and cross-market volatility. With declining risk appetite and tightening liquidity, Bitcoin has struggled to rebuild its upward momentum after recovering $97,000. Given the current uncertainty surrounding policy signals, the crypto market is likely to maintain a reactive rather than trend-driven approach, with investors prioritizing capital preservation and remaining wary of systemic risks that could arise from policy missteps.

Investment and Financing

Solayer establishes a $35 million fund to support real-time DeFi and AI applications built on infiniSVM.

According to CoinDesk, Solayer announced a $35 million ecosystem fund, jointly supported by Solayer Labs and the Solayer Foundation, focused on funding real-time on-chain applications developed on its high-speed L1 network, infiniSVM. infiniSVM is compatible with the Solana toolchain, boasting a processing capacity of over 330,000 transactions per second and a settlement time of 400 milliseconds. The fund will prioritize projects with revenue models and high-frequency trading needs, covering DeFi, payments, AI systems, and the tokenization of real-world assets, such as US Treasury tokens and AI-driven trading products.

Mastercard is considering a strategic investment in Zerohash, moving towards a partnership after acquisition negotiations fell through.

According to CoinDesk, global payments giant Mastercard is evaluating a strategic investment in blockchain infrastructure company Zerohash, rather than a direct acquisition, after its acquisition talks with the company fell through. Previously, it was reported that the two companies held in-depth talks regarding a potential acquisition in October 2025, with a valuation potentially reaching $1.5 billion to $2 billion, but Zerohash insisted on maintaining its independent operation, causing the acquisition to fail. According to sources familiar with the matter, investment discussions are still ongoing.

mechanism

Bitmine increased its holdings by 35,268 ETH last week, worth $109 million.

According to Onchain Lens monitoring, Bitmine purchased 35,268 ETH ($109 million) last week. They now hold a total of 4,203,036 ETH, worth $12.96 billion.

According to previous reports, BitMine currently holds over 3.48% of the ETH token supply, with total assets reaching $14.5 billion .

Trend Research borrowed another 20 million USDT to purchase 6,656 ETH.

According to Onchain Lens, Trend Research has borrowed another $20 million USDT to purchase 6,656 ETH from Binance and injected them into the Aave V3 protocol. The firm now holds a total of 651,310 ETH, with a market capitalization of approximately $1.91 billion.

Strategy spent $2.13 billion to acquire 22,305 more Bitcoins.

According to official sources, Strategy has acquired 22,305 Bitcoins at a price of approximately $95,284 each, for a total cost of approximately $2.13 billion. As of January 19, 2026, Strategy holds 709,715 Bitcoins, with a total purchase cost of approximately $53.92 billion, averaging approximately $75,979 per Bitcoin.

Important data

The Trump family's net worth has reached $6.8 billion, with crypto assets accounting for one-fifth of that.

According to Bloomberg, crypto assets have added approximately $1.4 billion to the Trump family's wealth over the past year, bringing the proportion of cryptocurrency in their total net worth of approximately $6.8 billion to about one-fifth for the first time. The report points out that during his second term, the Trump family has reaped significant gains through new projects such as the co-founded crypto platform World Liberty Financial, its named Meme coin, and the Bitcoin mining company American Bitcoin Corp. World Liberty's platform token and stablecoin USD1 business have seen particularly significant valuations. Meanwhile, the stock price of its social media company, Trump Media & Technology Group, has fallen 66% in the past 12 months, partially offsetting the gains from crypto assets. Family members have also invested in companies like SpaceX through venture capital firm 1789 Capital and expanded the Trump Organization's global real estate licensing business. The White House press secretary responded that the government is fulfilling the president's promise to make the United States a global hub for crypto capital through executive action and policy.

BTC briefly fell below $88,000 today, and ETH has now fallen below $3,000.

According to OKX market data, as of 17:00 today, BTC once fell below $88,000, but has now rebounded to $89,194.6 per coin, down 1.63% on the day; ETH has now fallen below $3,000, and once touched a low of $2,907.4 today, and is currently trading at $2,966.03, down 2.21% on the day.

Ethereum spot ETFs saw a total net outflow of $230 million yesterday, with BlackRock's ETHA experiencing the largest net outflow at $92.3 million.

Bitcoin spot ETFs saw a total net outflow of $483 million yesterday, with Grayscale GBTC experiencing the largest net outflow at $161 million.

The US XRP spot ETF saw a net outflow of $53.32 million yesterday.

Aave's total loan disbursements are approaching $1 trillion.

Spot gold broke through $4,850 per ounce, setting a new record high.

Solana's collateralization ratio hit a record high of 68.8%.

Tether minted an additional 1 billion USDT on the Tron network.

The USDC Treasury minted an additional 500 million USDC on the Solana blockchain.

The whale "7 Siblings" held 596,800 ETH through leveraged lending and is currently experiencing a paper loss of $27.7 million.

A whale's address leveraged short selling to multiply its investment sixfold, earning over $15 million in five days.

Huang Licheng faced five more liquidations today, bringing his total losses to $24.18 million.

The "rollover trader" has further increased his short positions in HYPE, bringing the total value of his short positions across four cryptocurrencies to a staggering $261 million.

A certain whale's 5x leveraged long position in HYPE has suffered a floating loss of over $23.3 million.