24H Hot Cryptocurrencies and Key News｜Fed Chair "Shortlist of Four" Emerges; South Korea Lifts Nine-Year Corporate Crypto Ban (January 13)
- Core View: Market information is complex, with regulatory and institutional developments dominating short-term direction.
- Key Factors:
- South Korea allows corporate investment in crypto assets, expanding market access.
- Fed Chair candidate interviews are underway, influencing future policy expectations.
- Coinbase may withdraw support for the CLARITY Act due to stablecoin provisions.
- Market Impact: Policy and institutional moves will affect market sentiment and capital flows.
- Timeliness Note: Short-term impact
1. Hot Tokens on CEXs
Top 10 CEX Tokens by Trading Volume and 24h Price Change:
- BTC: +0.03%
- ETH: -0.68%
- SOL: -1.57%
- XRP: -0.39%
- ZEC: -1.7%
- BNB: +0.31%
- BCH: -4.06%
- DOGE: -1.44%
- SUI: -2.37%
- PEPE: -2.05%
24H Top Gainers (Data Source: OKX):
- IP: +22.66%
- ARG: +12.17%
- PROMPT: +12.09%
- POR: +10.4%
- KAITO: +7.77%
- GLM: +7.36%
- DASH: +6.25%
- ORBS: +5.27%
- OL: +5.07%
- CHZ: +4.83%
24H Top Gainers for Crypto-Related Stocks (Data Source: msx.com):
- Bakkt Holdings, Inc. - MSX (BKKT.M): 19.47%
- Semler Scientific, Inc. - MSX (SMLR.M): 16.78%
- STKE - MSX (STKE.M): 12%
- CoreWeave, Inc. - MSX (CRWV.M): 11.36%
- Silver Spot ETF 2x Long - MSX (AGQ.M): 11.34%
- Alibaba - MSX (BABA.M): 9.8%
- IREN Limited - MSX (IREN.M): 9.19%
- Nebius Group N.V. - MSX (NBIS.M): 9.05%
- Lemonade, Inc. - MSX (LMND.M): 8.6%
- FTSE China 3x Long ETF - MSX (YINN.M): 8.49%
2. Trending On-Chain Memes (Data Source: GMGN):
- NYC: Launched by former New York City Mayor Eric Adams, it aims to fund non-profit organizations combating anti-Semitism and anti-Americanism through token-generated revenue.
- Discussion around Chinese Memes remains hot but shows a downward trend. For details, see "Why Are Chinese Memes Losing Momentum?".
Headlines
"Final Four" List for Fed Chair Emerges, Trump to Make Final Choice in January
Odaily News U.S. President Donald Trump will interview Rick Rieder, BlackRock's Global Chief Investment Officer of Fixed Income, this week as a potential candidate for the next Federal Reserve Chair. This will be the fourth and final interview for candidates to succeed Fed Chair Jerome Powell. Besides Rieder, the final shortlist includes former Fed Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and Fed Governor Christopher Waller. Fed Governor Michelle Bowman is no longer a candidate for the position. Trump stated he will make the final selection in January. If Trump's chosen candidate is not currently a member of the Federal Reserve Board, that person must first join the Board. (Jin10)
Odaily News The Financial Services Commission of South Korea has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies. The new rules end a nine-year ban, permitting eligible corporate entities to invest up to 5% of their net assets annually in the top 20 cryptocurrencies by market cap on South Korea's five major exchanges.
This policy adjustment is expected to grant market access to approximately 3,500 entities, including listed companies and registered professional investment institutions. Regulators will also require exchanges to implement staggered execution and order size limits. Currently, discussions are ongoing regarding whether dollar-pegged stablecoins like USDT qualify for investment.
Polymarket is Developing a Chinese Version
Odaily News Polymarket's Chinese Business Development Manager Jiajia posted on X that Polymarket is developing support for multiple language versions, including Chinese.
Industry News
Odaily News On January 12, A-shares continued their strong rally with significant gains. As of press time, the trading volume of A-shares exceeded the 3.47 trillion yuan record set on October 8, 2024, becoming the new single-day trading volume record for A-shares. According to Wind data, A-share trading volume has surpassed 3 trillion yuan only six times before: October 8, 2024; August 25, 27, 28, 2025; September 18, 2025; and January 9, 2026. Notably, since mid-December 2025, A-shares have been on a sustained upward trend, with the Shanghai Composite Index achieving 16 consecutive gains. By the close on January 12, a 17th consecutive gain is almost certain. The driving force behind the January 12 rally came from a full-scale breakout of AI application themes and continued momentum in commercial aerospace concept stocks. (The Paper)
YouTube Crypto Content Views Drop to Lowest Level Since January 2021
Odaily News Views of crypto-related content on YouTube have fallen to their lowest level since January 2021. Data shared by ITC Crypto founder Benjamin Cowen shows a significant decline in viewership for such videos over the past three months. YouTube creator Tom Crown stated that social engagement is at bear market levels, with retail investors taking a backseat this cycle and the market primarily driven by institutions. Additionally, Santiment noted that Bitcoin's social sentiment is gradually improving, but the key for retail to maintain positive sentiment lies at the $90,000 price level.
Odaily News X Product Lead and Solana Advisor Nikita Bier previously disclosed the development of Smart Cash Tags. Some crypto community users raised concerns about the crypto asset query backend, suggesting that small-cap crypto assets not yet listed on major exchanges might be unqueryable, forcing users to switch to DEXs for queries. In response, Nikita Bier stated that the API used by the X platform will process almost anything minted on-chain in near real-time. Furthermore, regarding user inquiries about the future possibility of using self-custody wallets or even CEX widgets for crypto trading on X, Nikita Bier did not give a clear response, replying only with a "following" emoji.
Odaily News Quantum-resistant cryptography specialist firm BTQ Technologies (BTQ) recently unveiled a solution to protect the Bitcoin blockchain: a permissionless fork testnet called "Bitcoin Quantum," which is claimed to be capable of withstanding quantum challenges.
Chris Tam, Head of Partnerships at BTQ, stated that Bitcoin Quantum is a publicly operable network where miners, developers, researchers, and users can stress-test quantum-resistant transactions and reveal practical trade-offs before discussions about mainnet upgrades become urgent. The system includes a block explorer and mining pool, offering immediate accessibility.
Tam explained that in August 2024, the quantum-resistant algorithm commonly known as "Dilithium" (formally named the Module Lattice-based Digital Signature Algorithm, ML-DSA) was standardized in the U.S., and this is the technology adopted by the Bitcoin Quantum network. This algorithm has not been widely used in fast-moving fields like cryptocurrency, primarily due to high operational costs. Compared to the digital signatures used today for every blockchain transaction or even sending a WhatsApp message, quantum-resistant algorithms increase data size by at least 200 times. Therefore, while methods to counter quantum risks exist, they bring their own problems, mainly related to performance and cost overhead at scale. (CoinDesk)
Coinbase May Withdraw Support for CLARITY Act Over Stablecoin Reward Ban
Odaily News U.S. cryptocurrency exchange Coinbase is increasing pressure on U.S. lawmakers to resist proposals to ban certain decentralized finance (DeFi) provisions in the major crypto bill known as the CLARITY Act. Bloomberg, citing informed sources, reported that Coinbase might reconsider its support for the bill if it restricts stablecoin issuers from offering rewards on platforms like crypto exchanges.
Banking groups are concerned that stablecoin rewards and yield products could siphon trillions of dollars from the traditional banking system. The GENIUS Act passed in July 2025 prohibited stablecoin issuers from offering interest or yields to holders but did not explicitly ban third parties like crypto exchanges from providing rewards. The banking industry is now attempting to close this loophole through the CLARITY Act. Stablecoins have become a major revenue source for Coinbase, contributing nearly $247 million in Q4 2024. The U.S. Senate Banking Committee is expected to discuss this issue at its meeting this Thursday.
Binance Wallet Announces FOGO Pre-TGE Public Sale Rules, Subscription Cap Set at 6 BNB
Odaily News Binance Wallet announced details of the FOGO Pre-TGE initial public sale on X. During the initial subscription period, users can subscribe to FOGO token allocation via Binance Wallet. The subscription adopts an oversubscription model, with each user able to deposit a maximum of 6 BNB. Token allocation will be distributed proportionally based on the total BNB deposited by all participants.
After the subscription period ends, users can claim a Key representing their FOGO token allocation on the BNB Smart Chain (BSC) within Binance Wallet. The claiming operation must be completed on the initial subscription activity page. Any excess deposited BNB will be automatically refunded when claiming the Key. FOGO tokens will be airdropped directly to users' Binance Alpha accounts on January 15 at 12:00 (UTC), at which point users can trade using Alpha limit orders.
Binance Alpha to List CharacterX (CAI), Airdrop Threshold Set at 252 Alpha Points
Odaily News Binance Alpha will list CharacterX (CAI). Alpha trading will commence on January 12, 2026, at 16:00 (UTC+8).
Users holding at least 252 Binance Alpha points can claim the token airdrop. Claim 40 CAI tokens on the Alpha activity page, first-come, first-served. If the activity is not concluded, the point threshold will automatically decrease by 5 points every five minutes.
Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha activity page within 24 hours; otherwise, the airdrop will be forfeited.
Binance: Unitas (UP) Booster Activity Participation Threshold Set at 61 Alpha Points
Odaily News According to Binance, the first phase of the Unitas (UP) Booster activity launched on January 12 at 18:00 (UTC+8), with the first stage airdropping 8 million UP tokens. Users need to hold at least 61 Alpha points to participate, and participation will deduct 5 points.
Note: Reward tokens from this activity have a lock-up period. The unlock date is determined by the project team and may not be disclosed in advance. Please understand the relevant rules before participating.
Project News
BNB Chain Growth Director: BSC Willing to Provide Support for Smart Cash Tags Project
Odaily News Nina Rong, Executive Director of Growth at BNB Chain, posted on X that she has sent a private message to X Product Lead and Solana Ecosystem Advisor Nikita Bier, expressing BSC's willingness to provide support for the Smart Cash Tags project.
Ukraine Bans Prediction Market Platform Polymarket
Odaily News Ukraine has banned access to the prediction market platform Polymarket. It is reported that the National Commission for the State Regulation of Electronic Communications (NCEC) of Ukraine ordered the blockade of the platform under Resolution No. 695, citing its lack of the required license for gambling-like activities. Polymarket's domain has been added to the public list of banned internet resources. Data shows that as of December 24, the platform had completed approximately 240 bets related to Ukraine, totaling over $270 million. There were another 120 active bets amounting to over $140 million. (Forbes)
Pump.fun: Introduces Creator Fee Sharing Feature
Odaily News Pump.fun posted on X that the creator compensation system needs reform, and multiple reform measures will be introduced soon. It has already introduced a creator fee sharing feature, supporting fee sharing with up to 10 wallets, transferring token ownership, and revoking update permissions. More updates are coming soon.
Odaily News RollX, a Base ecosystem Perp DEX project, officially announced on X that the final points snapshot was completed on January 12 at 12:00 (UTC). All subsequent points-related activities will not affect airdrop allocation and will be calculated according to the new points rules.
Former NYC Mayor Eric Adams Launches NYC Token, Price Surges Then Falls Rapidly After Launch
Odaily News Former New York City Mayor Eric Adams has launched a cryptocurrency named NYC Token. The project was co-founded by Eric Adams and two other members, aiming to fund non-profit organizations combating anti-Semitism and anti-Americanism through token-generated revenue. Eric Adams stated that the token will also be used to educate students about blockchain technology. Eric Adams currently does not receive a salary and said that if he does later, it will be made public. Currently, the project's website only displays a slogan and a link to its X account. Current New York City Mayor Zohran Mamdani stated he will not purchase the token.
Investment & Financing
BitGo Files for U.S. IPO Seeking to Raise Approximately $201 Million
Odaily News Crypto custody firm BitGo has filed for a U.S. IPO, planning to issue 11.8 million shares with a price range of $15 to $17 per share,
