Huoxun Finance News, January 21 – According to its official blog, fiat and cryptocurrency payment gateway AlchemyPay announced that it has obtained a Money Transfer License (MTL) in Nebraska, USA. This marks another step in its ongoing efforts to expand its regulatory compliance footprint in the United States. The license authorizes AlchemyPay to legally conduct regulated money transfer business in the state, including the exchange and transfer of fiat currency and digital assets. AlchemyPay now holds MTL licenses in 14 US states.

According to Huoxun Finance on January 21, Singapore-based cryptocurrency investment firm QCPCapital 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 1, rising to 25% on June 1), prompting Europe to quickly prepare retaliatory measures, potentially leading to a confrontational phase in bilateral relations worth approximately $650-700 billion annually. 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.

According to Huoxun Finance on January 21, based on monitoring by on-chain analyst Yu Jin, besides Trend Research holding a staggering 651,300 ETH ($1.92 billion) through leveraged lending, another whale holds 596,800 ETH ($1.765 billion) through the same method: "7Siblings," which consistently buys ETH after market crashes. "7Siblings" deposited 596,800 ETH ($1.765 billion) on the lending protocol Spark through eight addresses, making them the largest depositor on Spark. They then borrowed $193 million worth of stablecoins (including DAI, USDT, and USDS) from Spark. These borrowed stablecoins were then used to buy 49,287 ETH during the October-November market crash last year, at an average price of $3,531. Currently, they have suffered a paper loss of $27.7 million. The 2nd to 7th, 10th, and 11th largest addresses on Spark belong to 7Siblings.

According to AiYi's monitoring, 40 minutes ago, an ETH OG (Original Ethereum Investor) from 2016 deposited 14,183 ETH, worth $41.93 million, into Coinbase. This is the first time in three years that this address has made an ETH deposit exceeding one million dollars. The address's last ETH position was established on February 11, 2022, with an average withdrawal price of $1236.65. Its earliest ETH transaction record dates back to 2016.

According to data from msx.com, pre-market performance of crypto stocks in the US market was mixed. Strategy (MSTR) rose 0.26%, Coinbase (COIN) rose 0.25%, Robinhood (HOOD) rose 0.30%, Sharplink Gaming (SBET) remained unchanged, BitMine (BMNR) fell 0.50%, and Circle (CRCL) rose 1.11%. msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stock and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.