24H Hot Cryptocurrencies and Key News｜X Developing Smart Asset Tagging Feature; Tennessee Issues Ban Orders to Prediction Markets Including Polymarket (January 12)
- Core Viewpoint: Market dynamics coexist with regulatory progress.
- Key Elements:
- Major cryptocurrencies show mixed performance, with TURBO among the top gainers.
- Tennessee halts sports prediction operations of three platforms.
- Goldman Sachs states US crypto bill is a key catalyst for institutional entry.
- Market Impact: Regulatory clarity will benefit long-term development.
- Timeliness Note: Medium-term impact.
1. CEX Hot Tokens
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: +0.22%
- ETH: -1.06%
- SOL: -2.01%
- XRP: -1.64%
- BNB: +0.18%
- DOGE: -0.23%
- ENA: -0.53%
- AVAX: +0.4%
- VIRTUAL: -0.58%
- UNI: -4.09%
24-Hour Top Gainers (Data Source: OKX):
- TURBO: +26.61%
- BAT: +13.72%
- BANANA: +13.06%
- ASTR: +9.6%
- GLM: +7.65%
- PARTI: +5.83%
- 1INCH: +5.56%
- SKY: +4.85%
- MEME: +4.81%
- SWEAT: +4.56%
Reference: https://msx.com/us-trading/1/20?key=todaysChangePerc&rank=desc
24-Hour Top Gainers - Stocks & Crypto (Data Source: msx.com):
ASP Isotopes Inc. - MSX (ASPI.M): 20.65%
Applied Digital Corporation - MSX (APLD.M): 18.13%
AMC Entertainment Holdings, Inc. - MSX (AMC.M): 14.48%
Opendoor Technologies Inc - MSX (OPEN.M): 13.69%
Sandisk Corporation - MSX (SNSK.M): 13.33%
T-Rex 2X Inverse MSTR Daily - MSX (MSTZ.M): 11.43%
Vistra Corp. - MSX (VST.M): 11.16%
Intel Corporation - MSX (INTC.M): 10.8%
Bloom Energy Corporation - MSX (BE.M): 9.98%
Fluence Energy, Inc. Class A Common Stock - MSX (FLNC.M): 9.63%
2. Top 5 On-Chain Meme Coins (Data Source: GMGN):
- I'm Coming
- Life's Candlestick Chart
- Laozi
- Trump
- Super Cycle
For details, please refer to "From 'Life's Candlestick Chart' to 'Laozi': A Look at the Top 5 Hottest BSC 'Chinese Meme' Coins Right Now".
Headlines
X Developing Smart Asset Tags Feature to Display Real-Time Prices and Contract Information
Odaily News: Nikita Bier, X's Product Lead and Solana Advisor, posted that X is the best source for financial news and is currently developing Smart Cashtags. This feature allows users to specify a particular asset or smart contract when posting about market movements on X. Users can click these tags in their timeline to see the real-time price of the related asset and all posts mentioning it. The feature is planned to be iterated upon and gather feedback before its public release next month. Previously, Nikita Bier joined X as Product Lead in mid-2025.
Tennessee Orders Kalshi, Polymarket, and Crypto.com to Cease Sports Prediction Operations
Odaily News: The Tennessee Sports Wagering Committee (SWC) recently issued cease-and-desist orders to Kalshi, Polymarket, and Crypto.com, demanding they stop offering sports event prediction contracts to residents of the state. The reason cited is that these companies are engaged in illegal gambling operations without a state license.
In notices sent on January 9th, the SWC accused the three companies of illegally offering sports betting products under the guise of "event contracts." Although these platforms are currently registered with the U.S. CFTC as designated contract markets, the SWC emphasized that under Tennessee law, any entity accepting wagers on sporting events must hold a license issued by the state. The relevant companies are required to cease all activities in the state, cancel open contracts, and refund resident deposits by January 31st. Failure to comply may result in civil penalties of up to $25,000 per violation and even criminal charges. (CoinDesk)
CZ Retweet: BNB Generated $71.5 Per Token in 2025
Odaily News: CZ retweeted a post on X showing that one BNB generated $71.5 in earnings in 2025. Based on BNB's average price in 2025, the dividend yield is approximately 10%, making it the strongest "golden shovel" in the crypto space. BNB has far surpassed U.S. stock dividends and was the only token among BTC, ETH, BNB, and SOL to close higher in 2025.
Industry News
Federal Prosecutors Launch Criminal Investigation into Fed Chair Powell
Odaily News: The U.S. Attorney's Office for the District of Columbia has launched a criminal investigation into Federal Reserve Chair Jerome Powell. The investigation focuses on the renovation project of the Fed's Washington headquarters and whether Powell committed perjury before Congress regarding the project's scale. The investigation was approved by prosecutor Jeanine Pirro in November 2025 and includes an analysis of Powell's public statements and a review of expenditure records. The renovation project had a budget of approximately $2.5 billion and is currently estimated to be over budget by $700 million. Powell previously denied in congressional hearings that the project included luxury facilities such as private elevators and marble finishes, stating that the evolving plans had cut some features. The Federal Reserve has declined to comment on the matter. (The New York Times)
Odaily News: Johann Kerbrat, Head of Robinhood Crypto, recently shared updates in an interview on the company's upcoming Ethereum Layer 2 network, tokenized stock project, and staking business:
Johann Kerbrat stated that Robinhood ultimately chose to build a Layer 2 within the Ethereum ecosystem rather than developing an independent Layer 1, citing a focus on "concentration." By anchoring to Ethereum, Robinhood can directly leverage its mature security, decentralization, and the vast liquidity within the EVM space, allowing it to concentrate efforts on developing core functionalities like stock tokenization.
Currently, this Layer 2 network is in a private testnet phase, with no public release timeline announced yet. Notably, Robinhood's tokenized stocks are already operational on Arbitrum One, having expanded from 200 at launch in July last year to over 2,000. Kerbrat emphasized this is just the beginning, with future plans to expand tokenization into areas like private equity, real estate, and art. Additionally, thanks to updated U.S. SEC policies, Robinhood launched its Staking service in most U.S. regions in June last year. (CoinDesk)
Binance Alpha to List CharacterX (CAI) on January 12
Odaily News: Binance Alpha will list CharacterX (CAI) on January 12. Eligible users can claim the CAI airdrop using Binance Alpha points on the Alpha event page after trading begins. Specific rules and more details will be announced separately. Users can follow Binance's official channels for subsequent updates.
Odaily News: Binance Square shows that He Yi's personal profile displays a "You Both Traded Binance Life" tag. Verification shows that users who have not traded the related token see "You Both Hold BNB," which changes after purchasing spot.
Odaily reminds users that the trigger mechanism for this tag is unclear and does not necessarily indicate that a user conducted the related trade. Meme coin prices are highly volatile; investors should participate with caution.
Project News
Zama Opens Public Sale Registration
Odaily News: The privacy computing project Zama Protocol announced that it has officially opened registration for the Zama public sale to investors. Eligible users can participate in the subsequent public sale process.
Odaily News: According to a post by Paymentscan founder Dash on X, Dune dashboard data shows that the MetaMask prediction market has been live for nearly a month, with daily active users around 300 to 400 and a nominal trading volume of only $700,000. MetaMask's trading volume is about one-third to one-sixth of Phantom's perpetual contract volume on Hyperliquid, while its prediction market volume is less than one-tenth of Phantom's.
STBL Q1 Roadmap: USST Mainnet Deployment and Shift Towards Lending & Yield-Generating Applications
Odaily News: The stablecoin protocol STBL released its Q1 2026 roadmap, with the core goal shifting from infrastructure development to application deployment, activating USST into a productive asset usable for lending and yield generation. Main contents include:
In January, USST will be deployed on the mainnet, integrated with Hypernative to automate the peg mechanism, and DeFi lending functionality will be launched;
In February, liquidity injection and RWA collateral expansion will occur, and an Ecosystem-Specific Stablecoin (ESS) structure will be deployed on the testnet;
In March, plans include expanding native USST minting to other high-performance chains like Solana and Stellar, and releasing a simplified interface for the STBL DApp.
Security Firm: FutureSwapX Contract on Arbitrum Hacked, Losses Nearly $400k
Odaily News: According to BlockSec monitoring, a suspicious transaction occurred on the FutureSwapX contract on Arbitrum, with estimated losses around $395,000. BlockSec stated it has attempted to contact the team but has not received a response yet. The attacker appears to have stolen funds through multiple changePosition operations, ultimately withdrawing USDC. As the contract is not open-source, the exact root cause requires further investigation. Based on on-chain behavior, the incident is suspected to be related to unexpected changes in stable balances during early position updates, which led to the release of USDC when positions were reduced or closed.
Financing
KOLECT Completes $1.2M Pre-Seed Round Led by Amber Group's amber.ac
Odaily News: The trading strategy platform KOLECT announced the recent completion of a $1.2 million Pre-Seed funding round. The round was led by Amber Group's Web3 accelerator program, amber.ac, with participation from Wonder Capital Group and GC Capital.
DWF Labs Co-founder: Completed $1M Seed Investment in a DeFi Project
Odaily News: DWF Labs Co-founder Andrei Grachev posted on X that the year has just begun, and DWF Labs has already completed its first $1 million seed investment in a DeFi project.
Regulation & Policy
Senate Bipartisan Tendency to Adjust GENIUS Stablecoin Yield Rules, CLARITY Act Advancement Imminent
Odaily News: Sources reveal that bipartisan senators are gradually accepting the banking lobby's demands to adjust the stablecoin yield rules in the GENIUS Act. Adjustment paths include: adopting the proposal by Senator Alsobrooks to limit yields to the transaction level (more favored by Democrats); or requiring that only institutions holding a U.S. OCC bank charter can offer stablecoin yields. The latter is considered more friendly to parts of the crypto industry but is highly controversial in the DeFi space.
Furthermore, sources indicate that Scott is expected to submit the House version of the CLARITY Act as placeholder text tonight to initiate next week's review process. The formal text must be submitted by midnight Monday at the latest.
Another industry insider involved in communications with Senate staff stated that the previous remark about "needing prayers for the bill to pass" was more of a lighthearted joke than a pessimistic judgment on the legislative outlook. The final direction may become clearer in the coming days.
Voices
Odaily News: Goldman Sachs analysts, including James Yaro, stated in a report that the continuously improving regulatory environment is becoming a key factor driving further institutional adoption of crypto assets, particularly benefiting buy-side and sell-side financial institutions, while also promoting new use cases for crypto assets beyond trading. The analysts pointed out that the U.S. crypto market structure bill, the Clarity Act, currently advancing in Congress, is a significant catalyst.
The report argues that the bill will clarify the regulatory framework for tokenized assets and decentralized finance (DeFi) and clearly delineate the regulatory responsibilities of the U.S. SEC and CFTC, which is a necessary prerequisite for unlocking institutional capital and promoting compliant participation. Goldman Sachs also cautioned that the bill needs to pass in the first half of 2026, otherwise, the U.S. midterm elections in November could delay the legislative process.
Previously, Republican Senate Banking Committee Chairman Tim Scott stated that the relevant committee would revise and move the Clarity Act to a vote soon. Industry insiders also noted that although the market correction at the end of 2025 might slow short-term adoption, if the bill is successfully enacted, it could significantly accelerate genuine institutional entry. (Forbes)
Vitalik Buterin: Ethereum Needs Better Decentralized Stablecoins
Odaily News: Ethereum Co-founder Vitalik Buterin stated on X that the Ethereum ecosystem urgently needs a more mature decentralized stablecoin system and pointed out three core issues: First, a value index superior to the U.S. dollar peg should be constructed; second, a decentralized oracle design that cannot be captured by large funds is needed; third, the competitive relationship between staking yields and stablecoin/CDP mechanisms needs to be resolved. Simultaneously, Vitalik believes that pegging to the U.S.
