According to Arkham's monitoring, about two hours ago, Grayscale transferred a total of approximately 46.676 BTC, 282.541 ETH, and 1286 SOL to a Coinbase Prime address through its CoinDesk Crypto 5 ETF. In addition, Grayscale also transferred 3677 ETH to a Coinbase Prime hot wallet address, with a total value of approximately $15.68 million.

In the past hour, total liquidations across the network reached $87.68 million, with $15.88 million from long positions, with $71.80 million from short positions. BTC liquidation $33.35 million, ETH liquidation $43.04 million.

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) has officially announced that its joint event with the U.S. Commodity Futures Trading Commission (CFTC) has been rescheduled to be held at CFTC headquarters on Thursday, January 29, from 2 p.m. to 3 p.m. Eastern Time. The event will discuss coordination between the two agencies and their efforts to realize Trump's promise to make the U.S. the world's cryptocurrency capital.

According to Odaily Planet Daily, Wall Street brokerage Benchmark stated that the US cryptocurrency market will face structural constraints if Congress fails to pass a market structure bill this year. Analyst Mark Palmer noted in a report that the legislative vacuum will lead to a persistent structural risk premium, thus limiting the valuation expansion of platforms influenced by the US. This situation will delay the maturation of cryptocurrencies, making investors more inclined towards Bitcoin-centric investments, strong balance sheets, and cash flow-generating infrastructure, rather than regulatory-sensitive areas such as exchanges, decentralized finance (DeFi), and altcoins. DeFi and smart contract platforms are most vulnerable, while Bitcoin, miners, and energy-backed infrastructure are less risky. The bill aims to define market structure by specifying how digital assets are classified as commodities or securities and clarifying the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Despite the delays, Palmer believes the bill is more likely to pass than fail, and any version of the legislation will reduce regulatory risks and unlock broader institutional participation. (CoinDesk)

According to Odaily, the Hong Kong Securities and Futures Commission (SFC) has officially added "Ju[.]com" to its list of suspicious virtual asset trading platforms. The SFC stated that the entity claims to operate a virtual asset trading platform and is suspected of engaging in unlicensed activities.