According to Onchain Lens, BlackRock deposited 1,814.76 BTC (worth nearly $160 million) and 15,112 ETH (worth approximately $43.75 million) into Coinbase Prime, according to Odaily Planet Daily.

According to Onchain Lens, BlackRock deposited 1,814.76 BTC (worth nearly $160 million) and 15,112 ETH (worth approximately $43.75 million) into Coinbase Prime, according to Odaily Planet Daily.

Odaily Planet Daily reports that Bitcoin may be on track for its fourth consecutive month of decline, a scenario unprecedented since the six-month losing streak in 2018-2019. Despite having one full trading week left in January, Bitcoin has already seen a slight drop, hovering around $87,000. Bitcoin previously recorded monthly declines in October, November, and December, representing a significant pullback from its all-time high in October, with a drop of approximately 36% from its peak to its low during this period. Even during the 2022 bear market, when Bitcoin's price fell from $69,000 to $15,000, it never experienced more than three consecutive months of monthly declines. However, despite the weak spot price, the derivatives market is showing some optimism. Deribit data shows that the notional value of call options with a strike price of $100,000 is the highest, approaching $900 million, indicating that a significant number of traders are betting on a price rebound to six-figure levels. (CoinDesk)

According to a report by analysts at UniCredit Investment Research Institute, despite the uncertainty surrounding the US political environment, US Treasury yields have remained relatively stable, reflecting continued investor preference for US Treasuries. The market widely expects the Federal Reserve to further cut interest rates, which is expected to boost US Treasuries. Furthermore, the resilience shown by the US economy has enhanced its asset attractiveness. While foreign investors may reduce their investment in US assets in the medium to long term, the likelihood of a large-scale sell-off in the short term is low. (Jinshi)

Odaily Planet Daily reports that Hong Kong-based digital bank Mox Bank has announced regulatory approval to upgrade its Type 1 license, enabling it to offer virtual asset trading services to clients through integrated accounts. Currently, it only supports USD trading of Bitcoin and Ethereum. Trading fees are divided into four membership tiers, with the lowest tier, Basic, charging 1.25% commission, while the highest tier, Elite, charges 0.5%. Mox Bank is reportedly the second digital bank to receive approval for virtual asset trading. Previously, ZA Bank launched cryptocurrency trading services in July last year, supporting HKD or USD trading of BTC, ETH, SOL, LINK, etc. (Hong Kong Economic Journal)