RunningFinance

MSCI Decides Not to Remove DAT from Key Market Index, Eliminating FUD of Forced Crypto Market Sell-offs
This Tuesday, Morgan Stanley Capital International (MSCI) released a report indicating that the company has decided not to remove Digital Asset Finance Company (DAT) from its key market indices.
This decision not only avoids the previously market-concerned potential forced sell-off pressure of up to $15 billion in passive funds, but also provides critical policy certainty for the cryptocurrency market and related listed companies.
As early as October last year, MSCI initiated consultations a

Historical Breakthrough: Gold Total Market Value Surpasses US Debt, Becomes the Largest Official Reserve Asset of Governments Worldwide
According to the latest data from the World Gold Council and market prices, the total market value of gold has surpassed that of US Treasury bonds, becoming the largest asset category in official reserves held by governments around the world.
Data shows that as of the end of November last year (some data as of the end of October), the total official gold reserves of governments worldwide exceeded 900 million troy ounces (approximately 28,000 tons). Based on th

U.S. BTC Spot ETF Total Net Outflow of $243 million on Tuesday, ETH ETF Net Inflow of $115 million on the Same Day
January 7 News, according to SoSovalue data, the US BTC spot ETF recorded a total net outflow of $243 million yesterday, marking the first net outflow of the year.
Among them, Fidelity's FBTC led the net outflows with $312 million (approximately 3,380 BTC), and currently, FBTC has a total net inflow of $12.08 billion;
Next are Grayscale's GBTC and BTC, which recorded single-day net outflows of $83.07 million (898.36 BTC) and $32.73 million (354.01 BTC), respectively;
Meanwhile, Ar

Industry Debate: Flaws in the AMM Model, Uniswap v4 "hooks" Feature Holds Great Expectations
Recently, the DeFi community has reignited discussions about whether automated market makers (AMMs) can sustain profitability. The controversy was sparked by trader “LAMB-bear,” who criticized the fee structure of AMMs and the risks borne by liquidity providers (LPs), arguing that market volatility over a few days can wipe out months of LP earnings, making the model inherently unsustainable.
In response to this core criticism, Uniswap founder Hayden Adams issued a systematic rebuttal. He pointed out th

Telegram Founder Personally Responds to Russian Bond Freeze Rumors Denies Reliance on Russian Capital and Emphasizes Independent Control
January 7th — In response to earlier reports about the company facing bond freezes in Russia, Telegram founder Pavel Durov issued a direct statement this morning.
Durov first denied Telegram's dependence on Russian capital. He pointed out that a recent bond issuance of up to $1.7 billion involved investors who “happened to have no Russian investors.”
At the same time, he emphasized that most of the bonds issued in 2021 have been “repaid,” implying that even i

Trump Announces: Venezuela's 30-50 Million Barrels of Crude Oil "Change Hands," US Resource Control Strategy Enters Implementation Phase
In a recent statement released on social media, US President Trump announced that Venezuela will transfer 30 to 50 million barrels of high-quality crude oil currently under sanctions to the United States. If sold at market prices, this batch of oil could be worth up to $3 billion.
Trump emphasized in the statement that the proceeds from the sale of the oil will be directly controlled by him as President of the United States, and he pledged to ensure that thes

Options Market Signal: Traders Are Betting on Bitcoin Reaching $100,000 Again by the End of This Month
After experiencing a deep correction at the end of 2025, Bitcoin options traders are now refocusing on the key target of $100,000 at the beginning of this year. Market sentiment has also recovered from panic, and optimistic signals are emerging in the derivatives space.
According to Bloomberg, the strongest evidence of this phenomenon comes from options position data from Deribit exchange.
Data shows that open interest in Bitcoin call options with a strike price of $100,000, expiring on Janua

Bitcoin market trend reversal? Beware of CME's two "gaps" and the potential for pullback pressure amid high market volatility expectations and the ongoing battle between bulls and bears
After Bitcoin's price surged, two key gaps appeared on CME (the $90,000-$91,500 range and around $88,000-$90,000). Market concerns suggest that a potential pullback to fill these gaps could trigger intense volatility, especially if the $88,000 level is breached, potentially causing a "narrative reversal" and putting high-leverage investors at risk.
The formation of CME gaps results from the noticeable price dif

Under Western Sanctions: Telegram's $500 Million Russian Bonds Frozen, Geopolitical Tensions Key Obstacle to Its IPO
According to reports from The Financial Times and other media outlets, the $500 million bonds issued by Telegram in Russia have recently been frozen by Western authorities. This incident directly exposes the difficult-to-sever financial ties between Telegram and Russia.
Although founder Pavel Durov publicly states that the company has maintained a long-term distance from the Russian government and has even relocated its headquarters out of Russia, the bond freeze indicates that,

U.S. BTC and ETH Spot ETFs accumulated a total net inflow of $865 million on Monday, led by products under BlackRock
On January 6th, according to SoSovalue data, the U.S. BTC spot ETF recorded a total net fund inflow of $697 million yesterday, marking the second day of net inflow this year. Additionally, yesterday, no BTC ETF experienced a net outflow of funds;
Among them, BlackRock's IBIT led the net outflows with $372 million (approximately 3,950 BTC), bringing IBIT's total net inflow to $62.75 billion;
Next are Fidelity's FBTC, Bitwise's BITB, and Ark & 21Shares' ARKB, which recorded single

U.S. Senator Lummis Slams Department of Justice: Ignoring Presidential Orders to Sell Bitcoin Is a "Waste" of National Strategic Reserves
On January 6th, U.S. Senator Cynthia Lummis posted on the X platform, sharply criticizing the government over the Department of Justice's sale of confiscated Bitcoin.
Lummis straightforwardly stated that the presidential executive order explicitly requires such assets to be included in the "Strategic Bitcoin Reserve," yet the Department of Justice is still publicly liquidating them, which is completely contrary to her advocated "hold rather than sell" nation

Vitalik Buterin: Ethereum Achieves Breakthrough in Solving the "Impossible Triangle" in Blockchain Industry
Recently, Ethereum co-founder Vitalik Buterin posted on X that the long-standing "Impossible Triangle" problem (i.e., the network's difficulty in simultaneously achieving decentralization, security, and scalability) has been overcome in the practical implementation on the Ethereum blockchain network.
Vitalik emphasized that this breakthrough is not just theoretical but has been realized through actual code deployed on the mainnet, marking a structural shift in Ethereum's development hist

Cryptocurrency Market Structure Bill May Be Delayed Until After U.S. Midterm Elections, Conflict of Interest Clauses Become Focus of Bipartisan Attention
According to the latest analysis by TD Cowen's Washington research team, if political obstacles are not resolved this year, the structural legislation for the U.S. cryptocurrency market may be postponed until 2027 for passage, and could ultimately be delayed until 2029 to fully take effect.
The legislation is crucial because it aims to establish a clear regulatory framework for digital assets and is seen as the next cornerstone of U.S. crypto

In 2025, the global digital asset ETP fund flows are showing a multi-polar development pattern.
According to the Coinshares report, the total inflow of global digital asset investment products in 2025 reached $47.2 billion. Although this figure is slightly below the record of $48.7 billion set in 2024, it still ranks as the second-highest in history, indicating that institutional interest in cryptocurrencies remains strong.
Notably, the market demonstrated strong resilience at the end of the year. Despite experiencing brief fluctuations during the week, it recorded a net inflow of $582 million

Asian major stock markets experienced a rally on Monday, with the Japanese and Korean markets performing particularly well.
By the close on Monday, the Korea Composite Stock Price Index (KOSPI) surged 3.43%, closing at 4457.52 points, breaking through the 4400-point mark and reaching a new all-time closing high.
Meanwhile, the Japan Nikkei 225 Index (NK225) also rose by 2.97% in a single day, closing at 51832.80 points, regaining a high level.
This synchronized rally in the Japanese and Korean stock markets is not a coincidence, as there are clear structural driving factors behind it.
Analysis

After the US military action against Venezuela: Trump's related crypto assets did not fall but rose, and the likelihood of impeachment also decreased
At the beginning of the new year, the US military operation against Venezuela not only caused a huge stir on the international political stage but also sparked unique ripples in the financial markets and the crypto asset sector.
The raid directly led to the arrest of Venezuelan President Maduro, and then-President Trump claimed he would take over Venezuela's vast oil industry. These remarks further intensified domestic political controversy in th

U.S. BTC and ETH Spot ETFs See Nearly $620 Million Total Net Inflows Last Week
According to SoSoValue data, the U.S. BTC spot ETF recorded a net inflow of nearly $459 million last week, marking the first week of net inflows after two consecutive weeks of net outflows;
Among them, BlackRock's IBIT led the net inflow last week with $324 million, bringing the total inflow to IBIT to $62.38 billion;
Next are Fidelity's FBTC, Bitwise's BITB, and ARK 21Shares' ARKB, which recorded weekly net inflows of approximately $106 million, $41.6 million, and $33.08 million respectively;
Franklin Templeton's E

The depreciation of the Japanese Yen grants Metaplanet a key financial advantage, making its Bitcoin financial strategy superior to Strategy's.
Against the backdrop of a generally sluggish cryptocurrency market, Japanese Metaplanet has become the fourth-largest publicly listed company worldwide in terms of Bitcoin holdings.
Analysts believe that, compared to American peers like Strategy, the company possesses a core financial advantage directly related to the structural weakness of the Yen as a pricing currency.
Analyst Adam Livingston pointed out that Japan's government debt accounts for appr

Maduro to Appear in Court in Manhattan at Dawn, Trump Says Full Control of Venezuela's Resources Needed
Breaking news, Venezuelan President Nicolás Maduro is expected to make his first court appearance at 12:00 noon EST on January 5 (1:00 AM Beijing time on January 6) at the Federal District Court in Lower Manhattan, New York.
This court hearing stems from a large-scale military operation launched by the U.S. military in Venezuela on January 3. Maduro and his wife were forcibly detained by U.S. forces during the operation and transferred to the United States. They are currently held at the Bro