Odaily News: Coinbase CEO Brian Armstrong posted on X, stating that he has arrived in Davos, Switzerland, to attend the World Economic Forum Annual Meeting. His main objectives for this week are:

· Discuss economic freedom with global leaders and explore how cryptocurrencies can revolutionize their financial systems;

· Continue advancing the market structure legislation process;

· Persist in advocating for asset tokenization to promote the democratization of capital access.

Odaily News Zama announced that its mainnet staking functionality is now live. The ZAMA token has two utilities: fees and staking. ZAMA token fees paid by users will be burned by the protocol, while the protocol will mint tokens based on an initial set 5% annual issuance rate to pay operators. Operators need to stake ZAMA tokens to participate and earn rewards. 40% of the rewards are allocated to FHE nodes, and 60% are allocated to KMS nodes.

Odaily News According to Lookonchain monitoring, a whale transferred 13,000 ETH, worth $41.75 million, via a Galaxy Digital OTC wallet and has already deposited 6,500 ETH into CEXs such as Binance, Bybit, and OKX.

Odaily News According to market sources: Coinbase has launched a custom stablecoin, allowing businesses to issue digital dollars backed 1:1.

According to monitoring by Lookonchain, a suspected internal wallet address "AG2GXk" spent only $285 to purchase 66.3 million ZReaL. Subsequently, it sold 19.98 million ZReaL through four wallets, profiting $210,000, and currently still holds 46.3 million ZReaL (worth $417,000). Through a series of operations, this address has gained $627,000 in profits from ZReaL trades, achieving a return rate of up to 2200x.

Odaily News: UK fintech company Revolut has applied for a comprehensive banking license in Peru to expand its business in Latin America and compete with major fintech companies in the region. This license will enable Revolut to offer a range of localized products and services to users in Peru, enhancing their control over their finances. (Bloomberg)

Odaily News: Jesus Rodriguez, co-founder of Sentora (formerly IntoTheBlock), posted on platform X questioning the security of the cross-chain bridge ecosystem. He stated that within the architecture of the cryptocurrency ecosystem, cross-chain bridges represent the largest single point of failure. From a financial perspective, cross-chain bridges are massive, centralized pools of custody risk. The industry has invested billions of dollars in optimizing the speed of cross-chain bridges, but almost no funds have been allocated to optimizing the security of the transfers themselves. Jesus Rodriguez believes insurance should become an integral part of cross-chain bridge architecture and proposed two models, including a user-centric "atomic encapsulation" model and a protocol-level support model. He pointed out that cross-chain bridges with solvency guarantees would gain a significant competitive advantage, and this move would shift the industry from "trusting the code" to "insuring state transitions."

Odaily News Magic Eden announced on platform X that starting February 1st, 15% of its total revenue will flow directly into the ME token ecosystem. This portion of revenue will be evenly split, with 50% allocated for ME token buybacks and the other 50% distributed to ME token stakers in USDC based on their staking weight.

The specific details are as follows:

1. The existing market-only ME token buyback program will be replaced by this ecosystem-wide system.

2. Staking weight is determined by the amount staked and the duration of the stake.

3. USDC rewards can be claimed monthly, with rewards for February activities first becoming available for claim in March.

4. Rewards must be claimed within 90 days.

Odaily News Stablecoin protocol STBL posted on platform X, stating that due to recent changes on the X platform affecting reward-based community activities, the ongoing community rewards program (run through Kaito) was previously suspended and is now confirmed to be canceled. Discussions are currently underway with the Kaito team, and updates will be shared immediately once there is clearer progress.

Odaily News OpenAI's policy chief Chris Lehane stated at the "Davos" forum on Monday that OpenAI is "on track" to launch its first product in the second half of 2026. Since acquiring the company of former Apple design chief Jony Ive last May, its CEO Sam Altman has repeatedly hinted at launching a future AI device but has never revealed a specific timeline or product form. Multiple reports suggest OpenAI is developing a small, screenless device, possibly a wearable, for interacting with users. Lehane declined to disclose any specific details, including whether it would be a button, headphones, or something entirely different. Lehane listed the "device" as one of OpenAI's major highlights for 2026 and told reporters that "there will be news before the end of the year." While he did not promise the device would be released this year, he stated that OpenAI is "targeting a launch in the second half of 2026." (Jin10)

Odaily News According to the Central Political and Legal Affairs Commission's Chang'an Jian WeChat public account, the Central Political and Legal Work Conference was held in Beijing from January 18 to 19. The conference studied and deployed political and legal work for 2026, pointing out that: For new issues such as the protection of rights and interests of new employment groups, virtual currency, and the low-altitude economy, forward-looking research should be conducted to proactively propose legislative suggestions. It is necessary to strengthen research on new technologies, strictly guard against the use of encryption technologies such as blockchain to evade supervision, and crack down on the generation and dissemination of false information using artificial intelligence technology in accordance with the law.

Odaily News glassnode posted on platform X, stating that the STH-NUPL indicator (which measures the ratio of new investors' unrealized profit and loss relative to the market value of short-term holders) shows that new investors have been in a state of net unrealized loss since November 2025. The analysis points out that for this group to return to a state of net profit, the Bitcoin price needs to recover to approximately above $98,000.

This data reflects the current pressure in the short-term market, and the recovery of profits for short-term investors still relies on the stabilization of Bitcoin's price and a breakout above key resistance levels.

Odaily News According to Lookonchain monitoring, U.S. Bitcoin ETFs experienced a net outflow of 1,106 BTC today, while Ethereum ETFs saw a net inflow of 9,171 ETH, and Solana ETFs had a net inflow of 41,134 SOL.

Odaily News Wintermute posted on platform X, stating that the traditional Bitcoin four-year cycle is being phased out. Market performance is no longer determined by self-fulfilling time-based narratives, but rather by the flow of liquidity and the focal points of investor attention.

Wintermute's over-the-counter (OTC) liquidity data shows that the transmission of crypto-native wealth weakened in 2025. ETFs and DATs have evolved into "walled gardens," providing sustained demand for large-cap assets, but capital does not naturally rotate into the broader market. With retail interest shifting towards stocks, 2025 became an extremely concentrated year, with altcoin rallies averaging 20 days, down from 60 days in 2024.

For 2026, for the market to break out of the constraints of major coins, at least one of the following three things needs to happen:

1. ETFs and DATs expand their investment scope, with ETF applications for SOL and XRP already showing initial signs.

2. Strong performance from major coins; a robust rally in Bitcoin or ETH could generate a wealth effect and spill over into the broader market.

3. Retail attention shifts back from stocks (AI, rare earths, quantum) to cryptocurrencies, bringing new capital inflows and stablecoin minting.

The outcome for 2026 will depend on whether one of these catalysts can significantly broaden liquidity beyond a handful of large-cap assets, or if concentration will persist.

Odaily According to a technical source familiar with the digital yuan, the smart contracts based on the digital yuan's account system and those on public chains are essentially both "condition-triggered automatically executing code." The difference lies in whether they are fully Turing-complete. The smart contracts based on the digital yuan's account system are of a restricted Turing-complete type, with programming strictly confined to template scripts approved by the central bank. They only support preset, simple condition-triggering functions. This design is primarily for security and risk control considerations. The development of digital yuan smart contracts supports multiple programming languages, including fully Turing-complete languages like Ethereum's Solidity. The core challenge is how to design a set of standard access and auditing mechanisms acceptable to the financial system. (Caixin)

Odaily According to a post by Adam, a macro researcher at Greeks.live, on the X platform, the recent rebound in the crypto market is far from signaling a bull market. Current market sentiment is very poor, and Bitcoin faces significant pressure to break through the $100,000 mark. Unless there is extremely strong buying power to force a rally, a gradual decline will likely persist. Data from the options market confirms this view: Implied Volatility (IV) continues to fall, Skew remains negatively biased, and large block trades with a bearish bias consistently account for the largest share of volume—all of which are signals of a weakening market.