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On January 9th, Eastern Time, the December unemployment rate and non-farm employment data will be released, affecting Federal Reserve policies. The U.S. Supreme Court is expected to rule on the legality of Trump's tariffs, which could impact the market. The speeches by the Treasury Secretary and Trump will also influence market expectations.

【BlockBeats】The week of January 9th, Bitcoin completed its deep deleveraging at the end of the year and entered 2026 with a cleaner capital structure. From on-chain data, several signals are improving: profit-taking selling pressure has significantly eased, ETFs are returning to net inflows, and open interest in futures contracts has stopped declining and is rebounding. Institutional participation is gradually recovering.
The most interesting development is in the options market. Among contracts expiring in the first quarter, traders are clustering in the $95,000-$100,000 range to buy call options, while market makers are turning into net shorts in the same range—this misalignment is quite subtle, and the hedging operations of market makers may be providing upward momentum during price rises. Implied volatility is in a low rebound phase, and skewness is continuously shifting towards bullishness, all of which are positive signals for the bulls.
Some analysts believe that we are now in an early stage where "the structure is improving, but the sentiment is not yet euphoric." If Bitcoin's price can hold steady in the short term,

【区块律动】Solana链上的热门Meme币PIPPIN最近上演了一场过山车行情。从1月初的跌势来看，这个币在5日到8日那几天持续走低，一度砸到0.235美元的底部。但最近几天明显扭转了局面。
截至1月9日，PIPPIN的报价已经回到0.404美元左右，市值也恢复到了4亿美元的水平。从低点算起，反弹幅度达到了66%，最近24小时更是涨了48%，这个涨势确实挺猛的。
不过话说回来，Meme币这类资产本身就是高风险品种。价格波动往往天差地别，市场行情基本靠情绪和概念炒作支撑，没什么实际应用落地。所以玩这类币的投资者一定要清楚自己在做什么——本质上这就是个高风险、高收益的交易品种，得有心理准备。

The crypto vulnerability bounty platform Immunefi has announced the economic plan for the IMU token, with a total supply of 10 billion tokens. The ecosystem and community account for 47.5%. Early supporters receive 16%, the team and core contributors share 26.5%, and an additional 10% is reserved for strategic reserves.

Bitcoin spot ETF has recently experienced capital outflows, with a net outflow of $399 million on January 8th, continuing for three days. BlackRock's IBIT saw an outflow of $193 million. Despite short-term adjustments, its historical net inflow remains at $62.658 billion, indicating a positive long-term trend. The overall market capitalization is $117.655 billion, accounting for 6.48% of Bitcoin's total market value.

【CryptoWorld】A serious security incident targeting blockchain scalability protocol has just come to light. The Truebit Protocol official report states that their platform was attacked by malicious actors, and the affected smart contract address is "0x764C64b2A09b09Acb100B80d8c505Aa6a0302EF2".
It is reported that this security breach resulted in the theft of over 8500 ETH, with significant losses. The project team has already reported the incident to law enforcement and is currently activating emergency response plans.
If you hold assets related to this contract or are interacting with it, it is strongly recommended to stop all operations immediately. Until further official notice is issued, please do not transfer any funds to this contract address. The project team promises to promptly publish the latest updates and solutions through official channels.
This incident serves as a reminder that even well-known Web3 projects are not immune to security risks.

【区块律动】Solana现货ETF昨日迎来不少资金涌入。根据链上数据追踪，美国Solana现货ETF昨天录得1360万美元的净流入。其中，Bitwise旗下的BSOL产品表现最强劲，单日吸金780万美元；灰度的GSOL紧跟其后，贡献了460万美元的净流入；富达的FSOL也斩获120万美元。从这些头部机构的持续买入来看，机构投资者对SOL的信心依然稳健。

Polygon is advancing its acquisition of Coinme, with an expected deal value of $100 million to $125 million. This move will strengthen Polygon's ecosystem in the Layer 2 space while leveraging Coinme's Bitcoin ATM network to promote the integration of traditional finance and blockchain.

The Tron network has seen steady growth in transaction volume over the past two years, driven by low fees and high USDT demand, with ecosystem development gradually advancing. However, despite the expanding application scenarios, the TRX price has not increased with network activity, as the market favors short-term speculation and overlooks fundamentals.

Ethereum infrastructure project Truebit Protocol encounters a serious vulnerability, with attackers stealing approximately 8,535 ETH, worth over $26.4 million. The incident caused the TRU token to plummet, and security teams are tracking the stolen funds, some of which have flowed into the privacy mixer Tornado Cash. This event serves as a reminder for the industry to pay attention to smart contract risks.

【Crypto World】Bitcoin rebounded to the $90,500 range after finding support at the key $89,200 level today. This support level coincides with the 50-day moving average. According to market trading supervisors, the market has been repeatedly blocked around the $95,000 mark and unable to break through effectively, resulting in recent two-way volatility. Over the past two trading days, the market has been mainly dominated by significant ETF outflows, with short-selling sentiment strengthening.
What’s more noteworthy is the leverage changes in the derivatives market. The total open interest in BTC futures and options has surged to nearly 700,000 BTC, hitting a three-week high and increasing by approximately 75,000 BTC compared to the beginning of the year. This indicates that market participants are gradually increasing their leverage exposure.
The funding rate for perpetual futures remains around 0.09% positive, meaning longs need to pay shorts to maintain their positions. In this rate environment, traders may be increasing leverage through...

【Blockchain Rhythm】The prediction market is undergoing a transformation. Once niche tools are evolving into mainstream truth discovery mechanisms, driven by close collaboration between research institutions and prediction platforms.
Anyone who does research knows: transcripts speak the loudest. Accurate predictions build credibility; failed predictions serve as lessons. But this process has long been private—research institutions release reports, investors choose to believe or not believe, with no transparent feedback mechanism in between.
Now, the situation is changing. A leading research institution has partnered with Polymarket to launch 11 new markets. This is not just adding a few betting options, but establishing a completely new model: the analytical results of research teams can be transformed into tradable markets, with each research report embedded into the corresponding prediction market. Investors are no longer passive recipients of opinions but can base their decisions on the depth of research and data.

【Crypto World】The Algorand Foundation recently announced an interesting development—integrating Brale, a US-regulated stablecoin service platform, onto the blockchain. What does this mean? In simple terms, enterprises and developers now have a compliant toolkit to issue and manage their own branded stablecoins.
Let's take a look at what's inside this toolkit. Brale integrates fiat on/off ramps, reserve custody, and comprehensive regulatory coverage, essentially pre-installing all the cumbersome compliance procedures. Previously, issuing tokens required navigating regulations and managing custody on your own; now, you can directly move into Algorand's high-throughput network without dealing with those infrastructure issues.
The true significance of this partnership lies in lowering the entry barrier. From a technical perspective, developers face fewer engineering burdens; from a regulatory standpoint, enterprises can achieve compliance more quickly. On Algorand's high-performance network, new payment

The latest US unemployment data shows that initial unemployment claims are at 208,000, below expectations. This data has altered market expectations for the Federal Reserve's rate cut, with an 11.6% probability of a rate cut and an 88.4% probability of maintaining current interest rates, significantly impacting liquidity and risk appetite in the crypto market.

【BitPush】Interesting news is coming—AWS and Ripple are teaming up. They plan to use Amazon Bedrock's generative AI to rethink how to monitor and analyze the XRP Ledger network.
In simple terms, they are using AI to tackle the massive log data accumulated by XRPL. Previously, investigating network issues could take several days. Now, with AI, it can be done in 2 to 3 minutes. Internal engineers at AWS have evaluated and confirmed that the results are indeed impressive.
What is the real pain point behind this? The C++ logs generated by the XRPL global node network are exploding in volume, turning into a nightmare for operations and maintenance. With this AI analysis solution, the fault diagnosis process that used to take days can be greatly accelerated, which is significant for maintaining the stability of the XRPL network. It seems that the combination of big tech and blockchain networks can indeed produce some interesting chemical reactions in practical engineering problems.

The sharp decline on January 8th caused market makers to face massive liquidations, and market liquidity dropped to its lowest point. The automatic liquidation mechanism triggered, leading to unhedged spot backlog, causing existing strategies to become ineffective and liquidity to decrease. Delta-neutral strategy returns shrank, while the traditional financial perpetual contract market experienced significant growth.