24H Hot Cryptocurrencies and Key News｜Trump Says He Won't Consider Pardoning SBF; CZ's New Book May Be Titled "Binance Life" (January 9)
- Core View: Market data and industry developments intertwine, presenting a complex picture.
- Key Elements:
- Major cryptocurrencies showed mixed performance; ZEC plummeted due to team split.
- Trump rules out pardoning SBF; U.S. government includes confiscated BTC in reserves.
- Shanghai court clarifies that personal cryptocurrency holding and trading generally does not constitute illegal business operations.
- Market Impact: Regulatory and project developments continue to influence market sentiment and capital flows.
- Timeliness Note: Short-term impact.
1. CEX Hot Tokens
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: +0.05%
- ETH: -1.67%
- SOL: +1.69%
- XRP:-1.9%
- BNB: -0.62%
- DOGE:-2.59%
- ZEC:-9.26%
- SUI: -0.2%
- PEPE:-6.99%
- LINK:-1.63%
24-hour Top Gainers (Data Source: OKX):
- CXT:+16.08%
- ZBCN:+10.65%
- SD:+10.19%
- MAGIC:+6.64%
- POL:+8.35%
- FLOW:+7.16%
- SWFTC:+5.56%
- XTZ:+5.51%
- GODS:+4.63%
- ZEN:+4.48%
24-hour Top Gainers in Crypto Stocks (Data Source: msx.com):
- Opendoor Technologies Inc - MSX:17.81%
- Ondas Holdings Inc. - MSX:16.09%
- Bloom Energy Corporation - MSX:13.3%
- ALT5 Sigma Corporation - MSX:13.01%
- Tron Inc. - MSX:10.06%
- Bakkt Holdings, Inc. - MSX:9.58%
- Applied Digital Corporation - MSX:8.02%
- Voyager Technologies, Inc. - MSX:7.71%
- Tidal Trust II Defiance Daily Target 2x Long MSTR ETF - MSX:6.96%
- Figure Technology Solutions - MSX:6.75%
2. Top 5 On-chain Hot Memes (Data Source: GMGN):
- I'm Coming
- Binance Life
- GUA
- LAB
- TRADOOR
Headlines
U.S. Initial Jobless Claims for Week Ending Jan 3 at 208K, vs. 210K Expected
U.S. initial jobless claims for the week ending January 3 were 208,000, compared to an expectation of 210,000. The previous week's figure was revised from 199,000 to 200,000.
The 4-week moving average for U.S. initial jobless claims was 211,750, with the previous figure revised from 218,750 to 219,000.
U.S. continuing jobless claims for the week ending December 27 were 1.914 million, compared to an expectation of 1.9 million. The previous figure was revised from 1.866 million to 1.858 million.
Trump: Not Considering Pardoning SBF
U.S. President Donald Trump explicitly stated in an interview with The New York Times that he would not consider pardoning FTX founder Sam Bankman-Fried (SBF). SBF was convicted in 2023 on multiple charges including misappropriation of customer funds and financial fraud, making it one of the most iconic criminal cases in crypto industry history.
During the interview, when asked about potential presidential pardons for several high-profile incarcerated individuals, SBF was mentioned but was explicitly ruled out. Trump indicated he had no intention of exercising his pardon power for SBF or related individuals.
CZ: Chinese Version of Memoir Might Be Titled "Binance Life", But Has No Relation to Meme Coin
CZ posted on X that the Chinese version of his planned memoir might be titled "Binance Life," but the English title could be completely different and is not yet finalized.
CZ specifically clarified that this naming has no relation whatsoever to the "Binance Life" Meme coin that recently appeared on the market. He stated he does not hold any of the related tokens and has no intention of buying them. "I appreciate meme culture, I like the term, it's appealing to me," CZ said.
Industry News
Trump Says He Has Decided on Fed Chair Nominee, But Didn't Reveal Who
U.S. President Donald Trump stated in an exclusive interview with The New York Times that he has decided who to nominate for the next Federal Reserve Chair but did not reveal the person. "I have a decision in my mind," he said, "but I haven't spoken to anyone about it yet." When asked about his chief economic advisor Kevin Hassett, Trump said "I don't want to say," but he called Hassett "absolutely one of the people I like."
A criminal trial seminar focusing on the theme of "Legal Application Consistency in Virtual Currency-Related Crime Cases" was jointly hosted by the Shanghai No.2 Intermediate People's Court and the Renmin University of China Law School, under the guidance of the Chinese Criminal Law Society and the Shanghai High People's Court. The discussion content is summarized as follows:
In virtual currency-related money laundering crimes, the determination of "subjective knowledge" should be based on a comprehensive judgment to prevent objective incrimination.
Regarding the identification of behavior types and the standard of completion for virtual currency-related money laundering crimes: first, accurately grasp the criminal essence of "concealing or disguising the origin and nature of criminal proceeds and their gains"; second, the implementation of acts specified in the constitutive elements of the money laundering crime, i.e., concealing or disguising criminal proceeds and their gains, constitutes a completed crime; third, crack down on money laundering crimes strictly according to law, resolutely safeguarding national financial security.
Regarding the determination of illegal business operation crimes involving virtual currency: if the behavior lacks the characteristics of a business operation and merely involves personal holding or trading of crypto, it is generally not considered the crime of illegal business operation. However, if the person knowingly assists others in illegally buying or selling foreign exchange or disguised foreign exchange transactions by exchanging virtual currency, and the circumstances are serious, it should be considered as an accomplice to the crime of illegal business operation.
According to Fox Business, U.S. Treasury Secretary Scott Bessent stated that the government has begun incorporating Bitcoin seized by law enforcement into a "strategic reserve," moving away from routine auction disposals. Bessent said the government will not purchase Bitcoin on the open market but will hold the seized assets long-term.
Project News
Morgan Stanley Plans to Launch Digital Wallet This Year
According to market sources: Morgan Stanley plans to launch a digital wallet later this year to support tokenized assets.
Investment & Financing
AI Data Exchange Platform Protege Completes $30 Million Series A Funding Round Led by a16z
AI data exchange platform Protege announced the completion of a $30 million Series A funding round led by a16z, with participation from Footwork, CRV, Bloomberg Beta, and others. To date, the company's total funding has reached $65 million. Protege supports AI optimization, data cleaning, anonymization, and formatting for training/evaluation through authorized aggregated datasets, and helps data suppliers obtain revenue shares.
Voices
Trader Eugene: SOL is the Strongest Performer Among the Top Three Major Coins, Could Rise to $200
Trader Eugene posted on his personal channel that he is buying back into SOL, stating that SOL is the "strongest performer" among the "big three" major coins. From a technical analysis perspective, SOL's price could fluctuate to $160. If this upward trend continues and BTC reaches $100,000 in the future, SOL could potentially rise to $200. He added that the best entry time is when the market has not yet formed a consensus on the reasons for going long. Currently, he hopes BTC can hold the $90,000 level.
Josh Swihart, CEO of the Zcash (ZEC) development team Electric Coin Company (ECC), posted on X: "The past few weeks have made it clear that the majority of the Bootstrap board (the non-profit behind ECC that supports Zcash by managing ECC), specifically the Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai bloc (ZCAM bloc), have clearly deviated from Zcash's mission. Yesterday, due to constructive dismissal actions by ZCAM, the entire ECC team resigned en masse. In short, our employment terms were unilaterally altered, preventing us from performing our duties effectively and with integrity. We are forming a new company, but we are the same team with the same mission — building unstoppable privacy money. The key point is that the Zcash protocol itself is unaffected. This decision is solely to protect the team's work from malicious governance actions — actions that have made it impossible for ECC to fulfill its original mission."
