In the past hour, total liquidations across the network reached $10.11 million, with $5.74 million from long positions, with $4.37 million from short positions. BTC liquidation $501,284.65, ETH liquidation $2.05 million.

According to Odaily Planet Daily, Cathie Wood, CEO of ARK Invest, stated in her 2026 outlook that Bitcoin's low correlation with major asset classes such as gold, stocks, and bonds makes it a powerful tool for portfolio diversification and higher returns per unit of risk. ARK's weekly return analysis from January 2020 to early January 2026 shows that Bitcoin's correlation with gold is moderate at 0.14, significantly lower than the S&P 500's correlation with bonds at 0.27. Bitcoin has the lowest correlation with bonds (0.06), slightly higher correlations with gold and real estate investment trusts (REITs), and the highest correlation with the S&P 500 at 0.28. Even at peak times, Bitcoin's correlation remains significantly lower than that of traditional asset pairs, such as the S&P 500 and REITs, which have a correlation of 0.79.

According to a report by Cointelegraph on January 16th, West Virginia Senator Chris Rose submitted a bill to the state legislature on Wednesday proposing amendments to the state code to allow the state treasury to invest up to 10% of its funds in precious metals, certain digital assets, and stablecoins. Under this proposal, titled the "Inflation Protection Act," the state treasury could invest in precious metals, digital assets with a market capitalization exceeding $750 billion in the previous year (currently only Bitcoin qualifies), and stablecoins that have received regulatory approval from the U.S. or state governments. The bill stipulates that purchased digital assets can be held by qualified custodians or managed through exchange-traded products and secure custody solutions. If passed, West Virginia would become the fourth state, after Texas, Arizona, and New Hampshire, to allow state-level holding of crypto assets. The bill is currently under consideration by the Banking and Insurance Commission.

Huoxun Finance reported on January 16th that, according to crypto KOL "vasucrypto," an address starting with 0x049A, associated with the Kaito team, transferred 5 million KAITO tokens to Binance seven days ago, possibly for sale. Another crypto KOL, "Crypto Fearless," commented: "The Kaito team sold over $5 million worth of tokens seven days in advance. During their communication with Twitter regarding the API cancellation, the team knew about the negative news and sold off their holdings early. Furthermore, the unlocking of Kaito staking has peaked in the past few days. This advance knowledge was also mentioned in an announcement by Kaito founder YuHu, who communicated with Twitter." Previous reports indicated that Kaito would gradually delist Yaps and its incentive leaderboard, and launch Kaito Studio.

Huoxun Finance reported on January 16th that, according to Cointelegraph, Bank of America CEO Brian Moynihan warned during an earnings call that interest-bearing stablecoins could siphon up to $6 trillion in deposits from the US banking system if issuers are allowed to pay interest. Moynihan cited research from the US Treasury Department indicating that a significant amount of bank deposits could be diverted to stablecoins due to such products. He stated that these products would operate more like money market mutual funds, with funds held in cash, central bank reserves, or short-term Treasury bonds rather than for lending. He believes this deposit migration will shrink bank deposits, weakening credit supply capacity, particularly impacting small and medium-sized enterprises that rely more on bank loans than capital markets, and potentially driving up overall borrowing costs.