24H Hot Tokens & Key News｜Silver Price Breaks $115, Outperforming Bitcoin's Performance Since 2017; Trump Raises South Korea's Reciprocal Tariffs from 15% to 25%; (January 27)
- Core View: Recent market hotspots are dispersed. Silver price performance has surpassed Bitcoin, while signals of institutional deployment in crypto assets like Ethereum have strengthened. Regulatory and security risk events continue to draw attention.
- Key Elements:
- Diverging Market Performance: Silver price hits a record high, with its cumulative increase since late 2017 (approximately 517%) now exceeding Bitcoin's (approximately 500%); tokens like AXS on CEXs show significant 24-hour gains.
- Active Institutional Activity: Bitmine once again increased its holdings and staked a large amount of ETH, with cumulative staking value exceeding $6.2 billion; Japan's Sumitomo Mitsui Trust Bank disclosed holding nearly $100 million worth of MSTR shares.
- Infrastructure & Product Development: BNB Chain prediction market cumulative trading volume surpasses $20 billion; Tether Gold holds over half the market share in the gold stablecoin market, with a market cap exceeding $4 billion.
- Ongoing Regulatory Dynamics: The People's Bank of China emphasizes macro-prudential management and RMB internationalization; the U.S. SEC and CFTC will jointly discuss cryptocurrency regulatory coordination.
- Security Risk Warning: SlowMist security experts point out severe security vulnerabilities in the Clawdbot gateway, which could lead to the leakage of a large number of API keys and private chat records.
1. Hot Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: +0.91%
- ETH: +1.40%
- SOL: +2.08%
- XRP: +0.89%
- BNB: +0.40%
- DOGE: -0.20%
- AXS: +34.10%
- SUI: +0.13%
- PAXG: -0.24%
- ZEC: +8.14%
24-hour Top Gainers (Data Source: OKX):
- AXS: +36.36%
- RESOLV: +22.90%
- PROMPT: +22.85%
- HMSTR: +18.78%
- POR: +14.86%
- RSS3: +14.98%
- GAS: +12.64%
- HYPE: +12.42%
- SLP: +12.31%
- CHZ: +10.89%
24-hour Top Stock Gainers (Data Source: msx.com):
- ZM: 14.86%
- USAR: 9.2%
- GME: 7.22%
- CRWV: 6.5%
- TSLQ: 6.23%
- STX: 4.59%
- AGQ: 4.28%
- VERB: 4.18%
- FFAI: 3.92%
- TEM: 3.61%
2. Trending On-chain Memes (Data Source: GMGN):
- PENGUIN
- COPPERINU
- CUM
- clawd
- PENGID
Headlines
Trump: Reciprocal Tariffs on South Korea Raised from 15% to 25%
U.S. President Donald Trump stated on social media: "The South Korean National Assembly has failed to fulfill the agreement reached with the United States. President Lee Jae-myung and I reached a mutually beneficial agreement on July 30, 2025, and reaffirmed these terms during my visit to South Korea on October 29, 2025. Why has the South Korean National Assembly still not ratified this agreement? As the South Korean National Assembly has not yet passed our historic trade agreement, which is within their power, I hereby announce that reciprocal tariffs on South Korean automobiles, timber, pharmaceuticals, and all other goods will be increased from 15% to 25%."
Silver Price Breaks $115, Outperforming Bitcoin's Gains Since 2017
On Monday, the price of silver surged strongly, briefly breaking above $117 per ounce to hit a record high before retreating to around $105 near the close of U.S. stock trading. This rally has officially pushed silver's cumulative gains since the 2017 crypto cycle peak beyond those of Bitcoin.
Data shows that silver was priced around $17 at the end of 2017. Even after the recent pullback, its cumulative gain remains approximately 517%. In comparison, Bitcoin has risen about 500% from its late-2017 high of around $20,000 to its current level of approximately $87,700. Over the same period, gold's gains have been slightly below 300%.
Industry News
Bitmine Buys Another 20,000 ETH and Stakes 180,000 ETH
According to Onchain Lens monitoring, Bitmine (@BitMNR) purchased 20,000 ETH from FalconX, valued at approximately $58.22 million, and subsequently staked an additional 184,960 ETH, with a staking value of about $538 million.
To date, Bitmine's cumulative staked ETH has reached 2,128,160, with a total value of approximately $6.22 billion at current prices.
BNB Chain's Prediction Market Cumulative Trading Volume Exceeds $20 Billion
According to a post by BNB Chain citing Dune data, the cumulative trading volume of on-chain prediction markets on BNB Chain has surpassed $20 billion.
Tether officially announced that Tether Gold holds over half of the entire gold stablecoin market share, with XAUT's market capitalization exceeding $4 billion. Key metrics for the company at the end of Q4 2025:
Total Physical Gold Reserves: 520,089.350 ounces (fine troy ounces)
Total XAU₮ Tokens in Circulation: 520,089.300000 XAUT
Gold Backing: 1:1, each XAU₮ token is backed by one fine troy ounce of physical gold.
Total Market Cap: $2,246,458,120
Tokens Sold: 409,217.640000 XAUT
Tokens Available for Sale: 110,871.660000 XAUT
Project News
Polymarket Enters Exclusive Licensing Partnership with Major League Soccer (MLS)
The on-chain prediction market Polymarket announced a multi-year exclusive licensing agreement with Major League Soccer (MLS), becoming MLS's sole prediction market partner.
The agreement covers the MLS Cup, various divisional competitions, and the All-Star Game. The partnership will also introduce new fan experiences, including "second-screen" interactions during matches, to enhance viewing engagement.
Sky Protocol Spent 1.9 Million USDS to Repurchase 29.5 Million SKY Last Week
Sky Protocol announced that it spent 1.9 million USDS to repurchase 29.5 million SKY last week. Since the launch of this program, the cumulative repurchase amount has exceeded 104 million USDS.
Sumitomo Mitsui Trust Group, Japan's fifth-largest bank with assets of $633 billion, holds 606,629 shares of MicroStrategy (MSTR), valued at approximately $96.6 million.
Investment & Financing
Blockchain Infrastructure Firm Zerohash in Talks to Raise $250 Million at a $1.5 Billion Valuation
Blockchain infrastructure company Zerohash is in talks to raise $250 million at a valuation of $1.5 billion. However, Zerohash has not yet responded to requests for comment on the matter. As discussions are ongoing, the figures may change. Zerohash raised $104 million in a Series D-2 round led by Interactive Brokers last October, achieving a valuation of $1 billion. Founded in 2017, the company provides APIs and embeddable developer tools that enable financial institutions and fintech companies to deliver cryptocurrency, stablecoin, and tokenized products.
Regulatory Policy
The People's Bank of China held the 2026 Macroprudential Work Conference. The meeting required that macroprudential work in 2026 should continue to follow the deployment of building a comprehensive macroprudential management system, strengthen the central bank's macroprudential management function, continuously improve the working mechanisms of the Macroprudential and Financial Stability Committee, gradually expand the coverage of macroprudential policies, proactively assess systemic financial risk hidden dangers, innovate and enrich the policy toolbox, and maintain the stable operation of financial markets and the overall stability of the financial system. Guided by serving the construction of a new development pattern, further improve policies for the cross-border use of the renminbi, facilitate goods trade, optimize the layout of RMB clearing banks, better leverage currency swap agreements, develop the offshore RMB market, support the construction of Shanghai as an international financial center, and better meet the needs of various entities for RMB transaction settlement, investment and financing, and risk management.
Hong Kong SFC Adds "Ju[.]com" to Suspicious Virtual Asset Trading Platform Alert List
The Hong Kong Securities and Futures Commission (SFC) officially announced that it has added "Ju[.]com" to its alert list for suspicious virtual asset trading platforms. The SFC stated that this entity, which claims to operate a virtual asset trading platform, is suspected of engaging in unlicensed activities.
Joint SEC and CFTC Event Rescheduled to January 29
The U.S. Securities and Exchange Commission (SEC) officially announced that the joint event with the Commodity Futures Trading Commission (CFTC) has been rescheduled to Thursday, January 29, from 2:00 PM to 3:00 PM Eastern Time at CFTC headquarters. This event will discuss coordination between the two agencies and their efforts to fulfill President Trump's promise to make the United States the world's cryptocurrency capital.
Voices
Tom Lee, Chairman of BitMine, stated in a post that the recent parabolic rise in gold and silver has somewhat overshadowed the continued improvement in the fundamentals of crypto assets, particularly Ethereum and Bitcoin.
He pointed out that during the 2026 World Economic Forum in Davos, several financial institutions clearly signaled plans to build core business infrastructure on Ethereum and smart contract blockchains. Tom Lee emphasized that when fundamentals show a "sustained upward" trend, prices will ultimately follow their fundamental performance.
SlowMist CISO: Clawdbot Gateway Exposure Puts Numerous API Keys and Private Chat Records at Risk
23pds, Chief Information Security Officer at SlowMist, stated in a post that the Clawdbot gateway poses an exposure risk, with hundreds of API keys and private chat records vulnerable to attack. Unauthenticated instances are exposed to the internet, and there are multiple code flaws that could lead to credential theft and remote code execution.
