Important news from last night and this morning (January 6th - January 7th)

A long-term holder of 4,165 BTC revealed that he has been mining daily since 2016 and has never sold a single BTC.

According to DocumentingBTC, an anonymous address has been mining daily since November 2016, accumulating a total of 4,165 BTC (approximately $375 million) in rewards, all of which have been deposited into a single wallet and have not been transferred out or sold in the past eight years. As the chart shows, the address's balance has steadily increased and is currently completely untouched, making it a true example of an extreme "diamond hand" level Bitcoin long-term enthusiast.

A $230 million long whale successfully weathered unrealized losses and is now showing an unrealized profit of over $26.82 million.

According to Ember's disclosure, the recent market rebound enabled a whale who had previously opened positions worth $230 million to recover from a paper loss of $74 million. Currently, their long positions have a paper profit of $26.82 million, with the rebound yielding over $100 million. Their total long positions are currently valued at $825 million, using approximately 3.2x leverage, specifically including: 203,000 ETH (position price $3,147, paper profit $21.1 million), 1,000 BTC (paper profit $1.05 million), and 511,000 SOL (paper profit $4.65 million).

Saxo Financial was reprimanded and fined HK$4 million by the Hong Kong Securities and Futures Commission for illegally distributing virtual asset products.

According to a Hong Kong Securities and Futures Commission (SFC) announcement, Saxo Bank Financial (Hong Kong) Limited was reprimanded and fined HK$4 million for distributing unapproved virtual asset-related products to 130 retail clients and 6 professional investors between 2018 and 2022, violating regulatory requirements. The SFC stated that Saxo failed to assess clients' knowledge of virtual assets, lacked due diligence on its products, and made adequate disclosures; these deficiencies persisted for over four years. Saxo has terminated its regulated activities and voluntarily compensated clients for their losses and is cooperating with the investigation.

Telegram founder: The company has no reliance on Russian funding; bonds are unrelated to equity.

Telegram founder Pavel Durov stated that despite recent FUD (Fairness, Uncertainty, and Demand) issues, Telegram's capital structure is unrelated to Russia, and its recent $1.7 billion bond issuance involved "absolutely no Russian investors." He added that the old debt issued in 2021 has been largely repaid and poses no problem. He emphasized that bondholders are not shareholders, and Telegram's sole shareholder remains himself. It was reported yesterday that Telegram's $500 million in Russian bonds were frozen due to Western sanctions.

SharpLink earned 438 ETH in staking rewards last week, bringing its total to over 10,000 ETH.

According to SharpLink (SBET)'s official disclosure, it earned 438 ETH through Ethereum staking last week, equivalent to approximately $1.4 million at the current price, bringing its cumulative staking earnings to 10,657 ETH. The company reiterated its unchanged strategy: 100% of its assets are held in ETH and 100% staked.

xAI completes $20 billion Series E funding round, with strategic participation from NVIDIA and Cisco.

According to xAI's official announcement, its Series E funding round exceeded its original target of $15 billion, ultimately raising $20 billion. Participants included Valor Equity, Stepstone, Fidelity, the Qatar Sovereign Wealth Fund, and Baron, with strategic investors including NVIDIA and Cisco. The funds will accelerate the construction of the world's largest GPU cluster and AI infrastructure. By 2025, xAI aims to achieve breakthroughs in Grok models, voice assistants, image generation, and X platform integration, reaching 600 million monthly active users. The Grok 5 model is currently being trained, and the company will continue to develop AI products for consumers and enterprises.

Coinbase will delist the ETH-DAI, FLOW-USDT, and MANA-ETH trading pairs.

According to a Coinbase Markets announcement, to optimize market health and liquidity integration, trading in the ETH-DAI, FLOW-USDT, and MANA-ETH trading pairs will be suspended starting January 7, 2026, at 12:00 PM EST (1:00 AM Beijing time the following day). Currently, these trading pairs have switched to a limit order only mode; users can place or cancel orders, but cannot submit market orders. Eligible users can still buy and sell ETH, FLOW, and MANA through USD trading pairs.

Coinbase launches spot trading of Brevis (BREV), supporting the ERC-20 network.

According to a Coinbase Markets announcement, spot trading of Brevis (BREV) is now available. The token supports the Ethereum (ERC-20) network and is only available in regions where it is supported.

Sources say Discord has secretly filed for an IPO, with a potential valuation of over $15 billion.

According to Bloomberg, the chat platform Discord has secretly filed for an IPO with the U.S. Securities and Exchange Commission and may list in the U.S. soon. Sources familiar with the matter say Discord is working with Goldman Sachs and JPMorgan Chase to advance the listing, but the plan is not yet finalized and could still be canceled. Discord has over 200 million monthly active users and was valued at approximately $15 billion in a funding round in 2021, rejecting a $12 billion acquisition offer from Microsoft. The new CEO is former Activision Blizzard Vice Chairman Humam Sakhnini.

MSCI will maintain its inclusion of digital asset companies in its indices and will conduct broader reviews.

According to an announcement on the MSCI website, MSCI has decided not to exclude Digital Asset Treasury Companies (DATCOs) from its February 2026 index review, and the existing inclusion list will remain unchanged. This decision addresses institutional investors' concerns that some DATCOs share characteristics with investment funds. MSCI will launch a broader market consultation for non-operating companies to develop more consistent inclusion criteria. During this period, there will be no adjustments to the number of shares or inclusion factors for these companies, nor will there be any additions or changes to size segments; the list will be updated dynamically based on disclosures. Companies including Strategy (formerly MicroStrategy) will retain their index status for the time being.

ETH fell below $3,200, down 2.33% on the day.

According to OKX market data, ETH has just fallen below $3,200 and is currently trading at $3,195.80 per coin, down 2.33% on the day.

BTC fell below $92,000, down 1.80% on the day.

According to OKX market data, BTC has just fallen below $92,000 and is currently trading at $91,958.70 per coin, down 1.80% on the day.

The U.S. Supreme Court has set Friday as the date for its ruling on tariffs.

According to a report by Jinshi citing US media, the US Supreme Court has set this Friday as the day for issuing its ruling, marking the first opportunity for a ruling on President Trump's global tariff policies. The court's announcement on its website comes as the justices return to their posts after a four-week recess. The court has never disclosed in advance which rulings are ready, only stating that the justices may issue rulings on cases they have heard when they convene at 10:00 AM Washington time. Given the expedited processing the case so far, the tariff case is highly likely to be decided on that day. A ruling against Trump would undermine his signature economic policies and represent his most significant legal setback since returning to the White House. The core of the dispute lies in the tariffs Trump implemented on April 2nd, "Liberation Day"—a policy that imposed tariffs of 10% to 50% on most imported goods and imposed additional tariffs on Canada and Mexico under the pretext of combating fentanyl smuggling.

Lighter launches 24-hour weekday stock market trading and plans to transition to 24/7 trading soon.

According to market sources, the Discord community revealed that Lighter has launched a 24-hour stock market trading service on weekdays and plans to transition to a 24/7 operating model soon.

Walmart launches Bitcoin and Ethereum trading service through its OnePay app

According to CoinDesk, Walmart has launched a Bitcoin and Ethereum trading service through its OnePay app, enabling millions of shoppers to exchange cryptocurrency for everyday retail purchases.

Analysis: One indicator suggests that Bitcoin bottomed out in late November last year, and there is still significant upside potential.

According to CoinDesk, in late November 2025, Bitcoin plummeted to nearly $80,000, at which point the ratio of profitable short-term holders' supply to losing short-term holders fell to historical levels consistent with major or local bear market bottoms. Glassnode data shows that this ratio dropped to 0.013 on November 24th. Previously, reaching this level had consistently marked local bottoms or absolute bear market lows, including in 2011, 2015, 2018, and 2022. Glassnode defines short-term holders as investors who have held Bitcoin for less than 155 days. During the November trough, the 7-day moving average of profitable short-term holders' supply fell to approximately 30,000 Bitcoins, while the losing supply surged to 2.45 million Bitcoins, the highest since the FTX crash in November 2022, when Bitcoin bottomed out near $15,000. Since the beginning of 2026, Bitcoin has rebounded to approximately $94,000, a gain of over 7%. During this period, the supply from short-term holders who incurred losses decreased to 1.9 million coins, while those who profited rebounded to 850,000 coins, resulting in a ratio of approximately 0.45. Historically, when this ratio approaches 1, it tends to break through and continue to widen, with Bitcoin prices also tending to rise continuously. Currently, the ratio is below 0.5%, indicating that the indicator still has significant room to expand before reaching equilibrium. Market tops typically occur when this ratio rises to close to 100.

Circle has minted another 1 billion USDC on Solana in the past 24 hours.

According to OnchainLens monitoring, Circle has minted another 1 billion USDC on Solana in the past 24 hours. To date, Circle has minted a total of 1.75 billion USDC on Solana in 2026.

Trump's token team deposited 400,000 Trumps, worth $2.25 million, into Binance.

According to OnchainLens monitoring, the Trump token team has deposited 400,000 TRUMP tokens, worth $2.25 million, into Binance.

The US government has just transferred out over 225 million USDT.

According to Lookonchain monitoring, the US government (involved in "pig butchering" scams) has just transferred out 225.365 million USDT.

Bitwise has received approval from the U.S. SEC to list its LINK spot ETF on the NYSE Arca.

According to market sources, asset management firm Bitwise has received approval from the U.S. Securities and Exchange Commission (SEC) to list the LINK spot ETF (ticker symbol CLNK) on the New York Stock Exchange's Arca platform. Its assets will be jointly custodied by Coinbase Custody and Bank of New York Mellon.

In 2025, Solana achieved record highs in several metrics: app revenue increased by 46% year-on-year to $2.39 billion.

Solana announced on its X platform that in 2025, it achieved outstanding performance across multiple metrics, with several indicators reaching record highs. In terms of application revenue, applications built on Solana generated $2.39 billion in revenue, a 46% year-over-year increase; seven applications generated over $100 million in revenue. Regarding network performance, network revenue (REV) reached $1.4 billion, a 48-fold increase in two years; non-voting transactions reached 33 billion, a 28% year-over-year increase; the average number of daily active wallets reached 3.2 million, a 50% year-over-year increase; and the average transaction fee decreased to $0.017, with the median decreasing to $0.0011. In the asset sector, stablecoin supply reached $14.8 billion at year-end, more than doubling year-over-year and setting a new record; stablecoin transfers reached $11.7 trillion, a seven-fold increase in two years; equity assets were listed on Solana, with a supply of $1 billion and a trading volume of $651 million; and the Solana ETF saw net inflows of $1.02 billion. In the DEX (Demand-Exchange) sector, trading volume reached $1.5 trillion, a year-on-year increase of 57%; SOL stablecoin trading volume reached $782 billion, a year-on-year increase of over 100%; 12 DEXs had trading volumes exceeding $10 billion. Regarding memes and launch platforms, meme trading volume reached $482 billion, a year-on-year decrease of 10%, but still an 80-fold increase over two years; 6 launch platforms had trading volumes exceeding $1 billion; launch platform revenue doubled year-on-year to $762 million; 8 launch platforms had revenue exceeding $1 million; and launch platforms created 11.6 million tokens, a year-on-year increase of over 100%. In the trading platform sector, DEX aggregator trading volume reached $922 billion, a year-on-year increase of over 100%; professional trading platform revenue reached $940 million, a year-on-year increase of 44%; 10 trading platforms had revenue exceeding $10 million, and 3 exceeded $100 million; trading platforms processed $108 billion in transactions, a year-on-year increase of 66%.

An address deposited over 450,000 LINK tokens into a Binance deposit address linked to GSR Markets, worth approximately $6.28 million.

According to Arkham monitoring data, approximately 12 minutes ago, an address deposited 452,824 LINK tokens into a Binance deposit address linked to GSR Markets, worth approximately $6.28 million. Tracing the source of these funds, it appears to be two addresses that established LINK positions between June and July 2024, with an average withdrawal price of approximately $13.06. It is reported that this address has transferred a total of 1.45 million LINK tokens to Binance over the past four days, worth approximately $19.58 million.

Tether introduces a new unit of account, "Scudo," for Tether Gold (XAU₮).

According to its official blog, stablecoin issuer Tether announced the launch of Scudo—a new unit of account for its tokenized gold product, Tether Gold (XAU₮), designed to make gold accessible to everyone again. Tether defines one Scudo as one-thousandth of a troy ounce of gold (or one-thousandth of XAU₮), enabling clearer price labeling, easier transfers, and a more intuitive use of gold's value. Users no longer need to send or price assets in complex decimal fractions of XAU₮; instead, they can trade in whole or partial Scudo units. This not only makes gold more practical as a store of value but also more convenient as a medium of exchange. Tether Gold remains fully backed by physical gold stored in secure vaults, and its ownership can be verified on-chain through Tether's asset tracking tools. Scudo does not change the structure or underlying basis of XAU₮ but provides a simpler way to measure and trade gold value, especially in the context of continuously rising prices.

Binance now offers Brevis (BREV) financial services, one-click cryptocurrency purchase, instant exchange, leverage, and futures contracts.

According to the official announcement, Binance Wealth Management, One-Click Buy, Instant Exchange, Margin Trading, and Binance Futures will list Brevis (BREV) according to the timeline listed below. Binance Wealth Management: The BREV Principal-Protected Earnings product will be listed on the Binance Principal-Protected Earnings platform and open for subscription on January 6, 2026 at 22:00 (UTC+8). One-Click Buy & Sell: BREV will be available for trading within one hour of its listing on Binance Spot. Instant Exchange: Within one hour of its listing on Binance Spot, users can exchange BREV for BTC, USDT, or other tokens supported by the Instant Exchange platform, with no transaction fees. Binance Margin Trading: Binance Full Margin and Isolated Margin Trading will add BREV as a borrowable asset, as well as BREV/USDT and BREV/USDC full margin and isolated margin trading pairs, on January 6, 2026 at 22:00 (UTC+8). Unified Account: Binance Unified Account will add BREV as a borrowable asset, as well as BREV/USDT and BREV/USDC leveraged trading pairs, at 22:00 (UTC+8) on January 6, 2026. Binance Futures: Binance will gradually transition its pre-market trading of BREV U-margined perpetual contracts to standard BREV U-margined perpetual contracts at 22:00 (UTC+8) on January 6, 2026. The transition period may be up to 3 hours. The transition duration depends on price volatility and index price stability. During the transition period, BREV U-margined perpetual trading and existing positions will not be affected.

Japan has adopted the OECD's cryptocurrency reporting framework since January 1, 2026.

According to NADA NEWS, Japan officially implemented the OECD's Crypto Asset Reporting Framework (CARF) on January 1, 2026. This is a new mechanism aimed at allowing tax authorities worldwide to share information on crypto asset transactions. Japan decided to introduce this mechanism through tax reform. The National Tax Agency published a promotional brochure for users before its implementation last December and began preparations for collecting information through exchanges. Affected by the implementation of this system, the Japanese crypto exchange Coincheck sent a notice to all users on January 6, requiring them to submit information such as their "country of tax residence." Other Japanese exchanges will also gradually implement information collection procedures. Existing users who opened accounts before the end of 2025 must submit information by December 31, 2026. Users who opened new accounts after January 1 of this year must complete the declaration during the account opening process. Failure to submit the above information within the specified period, or submission of false information, may result in penalties according to law.

One trader achieved a 2253-fold return on WhiteWhale, turning $343 into $773,000.

According to Lookonchain monitoring, WhiteWhale's market capitalization surged to over $95 million after it was listed on Bybit spot trading. One trader achieved a 2,253x return on WhiteWhale, turning $343 into $773,000. This trader bought 14.9 million WhiteWhale tokens on BCrTEX for $343, then sold 7.5 million tokens for $86,000, and currently still holds 7.4 million WhiteWhale tokens (worth $687,500), achieving a profit of $773,000 (a 2,253x return on investment).

Analysts suggest that the founder of SpiderPool may be one of the agents of the "1011 insider whale," and that all 886,000 ETH associated with the whale have recently been unstaking.

Eye, the on-chain analyst who previously uncovered the "1011 Insider Whale," posted on the X platform that Garrett Jin, an agent of the "1011 Insider Whale," participated in the creation of two staking pools, "Eth2Depositor (0x2F4)" and "EthBatchDepositor (0xE00)," through his company XHash. A total of 886,440 ETH were deposited in the past four months. This ETH originated from Bitcoin swaps on the Hyperliquid/Hyperunit platforms last August and September, and all ETH has recently been unstaking. Eye also stated that he has tracked down a Singapore-based company, "Hypercieve," on LinkedIn. Its co-founder is Jack Chen, who is also the founder of the Bitcoin mining company SpiderPool and was a colleague of Garrett Jin. The two have collaborated closely for many years, and Jack Chen is likely also one of the agents of the "1011 Insider Whale."

ZenChain announces ZTC token economics: Total supply is 21 billion tokens, with 7% airdropped.

ZenChain announced the ZTC token economics, with a total supply of 21 billion tokens and a fixed supply model. The allocation is as follows: GTM and community projects 6.20%, strategic round 2.80%, ecosystem 15.03%, airdrop 7.00%, foundation/treasury 13.47%, team and core contributors 15.00%, liquidity 5.00%, validators/reward reserves 30.50%, and marketing 5.00%. ZTC is designed as a multi-purpose utility token supporting cybersecurity, trade execution, and ecosystem participation. Previously, Binance Wallet exclusively listed ZenChain (ZTC) in its 44th TGE round, opening for subscription on January 7th; the blockchain network ZenChain completed an $8.5 million funding round, led by DWF Labs and others.

A major whale has added another 2,836 ETH to its position, bringing its total holdings since December 5th to 50,152 ETH.

According to on-chain analyst @ai_9684xtpa, a whale betting on ETH has increased its position again. Since December 5, 2025, it has accumulated a position of 50,152 ETH, worth $156 million. One hour ago, it withdrew another 2,836 ETH from OKX, approximately $9.15 million, and then deposited it into Aave, borrowing 6.2 million USDT to deposit into OKX, continuing its long position. During this period, its ETH cost was approximately $3,117, and it currently has a floating profit of $6.207 million.

Coinbase Research Director: Wallets holding approximately one-third of the Bitcoin supply are vulnerable to quantum attacks.

According to DL News, David Duong, Global Head of Investment Research at Coinbase, warned that Bitcoin's long-term security is heading into uncharted territory, with quantum computing advancing faster than the cryptocurrency industry anticipated. Duong believes that while a direct attack on Bitcoin is not yet imminent, the quantum threat has evolved from a theoretical hypothesis into a real structural risk—wallets holding approximately one-third of the Bitcoin supply use publicly visible encrypted output formats, making them highly vulnerable to brute-force attacks. Duong stated that quantum computers pose two risks. One is economic: if quantum machines become powerful enough, they could mine Bitcoin blocks with far greater efficiency than currently available, potentially distorting the network's incentive mechanisms. The second risk is more direct: quantum computers can derive private keys from exposed public keys, allowing attackers to steal funds from vulnerable addresses. Duong wrote, "Given current scalability limitations, quantum mining remains a lower priority concern; signature security is the core issue." Quantum computing is still in its early stages. Researchers have long disagreed on whether and when quantum computers will threaten Bitcoin's cryptography.

Morgan Stanley filed S-1 filings with the U.S. Securities and Exchange Commission (SEC) for the Solana Trust and the Bitcoin Trust.

According to market sources, Morgan Stanley has filed S-1 filings with the U.S. Securities and Exchange Commission (SEC) for the Solana Trust and the Bitcoin Trust, respectively.

Binance Wallet exclusively lists TGE tranche 44 on ZenChain (ZTC), subscription opens on January 7th.

According to the official announcement, Binance Wallet will exclusively list ZenChain (ZTC) on TGE Phase 44. The subscription period is from 4 PM to 6 PM (UTC+8) on January 7, 2026. Eligible users must use Binance Alpha Points to participate. An additional 420 million ZTC will be used for future events; details will be announced separately.

Bitcoin Core v30 has a vulnerability that could lead to financial losses when upgrading older wallets.

According to Cointelegraph, Bitcoin Core developers warned users on Monday of a wallet migration vulnerability in versions 30.0 and 30.1 that could delete files and lead to financial loss. This issue only occurs under specific conditions and affects migrations of older Bitcoin Core wallets that have never been renamed or upgraded. Bitget wallet market analyst Lacie Zhang stated that the vulnerability is triggered when the software attempts to migrate an unnamed, older "wallet.dat" file stored in a custom wallet directory (typically defined via the "-walletdir" setting) while pruning is enabled. In this scenario, the migration appears to complete successfully, but the cleanup logic incorrectly deletes the entire wallet directory. Orbs community leader Shawn Odonaghue stated that the vulnerability primarily affects "very old wallet settings," and users using hardware wallets or modern wallet software are unlikely to encounter this problem. Bitcoin Core version 30.1 was released on January 1st, and the wallet migration vulnerability was publicly disclosed on Monday. Developers have withdrawn the binaries for versions 30.0 and 30.1 from the official download website. The project reminds users not to use wallet migration tools until the fixed version of Bitcoin Core 30.2 is released, and emphasizes that existing users who have not attempted to migrate can continue to run their nodes normally.

The People's Bank of China: In 2026, it will strengthen the regulation of virtual currency transactions and steadily develop the digital yuan.

The People's Bank of China (PBOC) held its 2026 Working Conference on January 5-6. The conference summarized the work of 2025, highlighting the bank's efforts in actively promoting global financial governance reform and improvement, further enhancing financial management and services, and advancing precise governance of "money chains" involved in fraud and gambling. It also emphasized strengthening the supervision of virtual currency transactions, enhancing cash supply guarantees, and optimizing the digital RMB management system. Key tasks for 2026 include: improving the infrastructure for cross-border RMB use, strengthening virtual currency supervision, and continuously cracking down on related illegal and criminal activities. The conference also stressed deepening technological management and innovative applications, and steadily developing the digital RMB.