| | Futures trading volume of major Exchanges | | | | --- | --- | --- | --- | | Exchange | 2025-12 | 2026-01 | MoM % | | Binance | 1,634,599,155,325 | 1,645,958,003,670 | 0.7% | | Bybit | 502,379,600,693 | 491,615,661,904 | -2.1% | | OKX | 478,061,185,149 | 490,945,923,415 | 2.7% | | Bitget | 248,161,339,966 | 269,382,689,256 | 8.6% | | MEXC | 143,742,971,549 | 104,819,358,230 | -27.1% | | Gate | 85,883,230,639 | 94,963,220,524 | 10.6% | | HTX | 84,307,402,259 | 87,902,563,546 | 4.3% | | KuCoin | 79,356,557 ...

Bitcoin (BTC) remained stuck in limbo at around $88,000 on Monday as gold and silver extended their blistering rallies before paring gains. BTC is up a bit from what's now becoming a renewed pattern of panicky weekend selling, but down from around the $90,000 late Friday. Rising odds of a government shutdown on Jan. 31 — and the crimp on liquidity that might entail — were among the leading reasons for the Sunday selloff. That exact same news, however, left precious metals bulls unfazed. Gold soared thro ...

Core Viewpoint - Bitcoin (BTC) price stabilized above $9,300 after a sell-off, while gold reached a new high of over $4,700 per ounce, indicating strong demand for safe-haven assets amid geopolitical tensions [1][4]. Group 1: Market Dynamics - Bitcoin experienced a decline of approximately 2% despite recovering some losses, with Ethereum (ETH) and other altcoins showing more significant drops [2][5]. - Market liquidity issues have intensified asset price volatility, with the crypto market displaying "asymmetric downside risk," where negative news impacts prices more severely than positive news [2][5]. Group 2: Investor Sentiment - On-chain data suggests a reduction in selling pressure from long-term holders (LTH), decreasing from over 100,000 BTC per week at peak to about 12,800 BTC currently, indicating that committed bulls are not panicking [3][5]. - The overall market sentiment remains fragile, influenced by events such as the "Trump tariff threat," which adds speculative elements to short-term market movements [2][5]. Group 3: Technical Analysis - There is a significant supply resistance zone for Bitcoin between $9,300 and $11,000, which may hinder further price rebounds [3][5]. - Analysts agree that Bitcoin may only initiate a more sustained and robust upward trend when the market structure shifts to a scenario where mature supply exceeds long-term holder expenditures [3][5].

Core Insights - Stablecoins emerged as a significant product in the crypto space in 2025, with the industry now focusing on tokenizing various assets for broader market integration in 2026 [1] - The tokenized asset market experienced substantial growth, nearly quadrupling to almost $20 billion by the end of 2025, indicating a shift from niche experimentation to mainstream adoption [2] - Legal clarity, interoperability, and shared identity frameworks are essential for the successful scaling of tokenized markets, preventing fragmentation [3] Market Projections - Tokenized assets are projected to exceed $400 billion by the end of 2026, a significant increase from $36 billion today, driven by user demand and capital flows [4] - The transition towards tokenization is characterized by a fundamental restructuring of value transfer, moving beyond speculation [4] Investment Dynamics - As cash becomes tokenized through stablecoins, there is an expectation for these funds to seek investment opportunities, bridging digital money with digital capital markets [5] - The foundational work required for scaling tokenized markets includes establishing legal clarity and interoperability between different blockchain networks [5] Institutional Adoption - 2026 is anticipated to mark a shift from pilot projects to actual implementation of tokenization by traditional financial institutions, as indicated by industry leaders [6] - Tokenization is becoming a mainstream tool for capital raising, with significant efficiency gains and broader access that cannot be overlooked [7] - Emerging markets are expected to lead in tokenization, allowing local issuers to bypass outdated infrastructure and provide global investors with access to new capital markets at reduced costs [7]

Core Insights - Bitcoin experienced a significant price surge, rising from approximately $91,000 to over $95,000 within a few days, indicating strong market momentum [1] - A substantial influx of Bitcoin into major exchange wallets has been observed, suggesting increased buying activity [2][3] Exchange Inflows - Binance wallets added 32,752 BTC, while Coinbase saw an increase of 26,486 BTC, contributing to a total of around $6 billion in inflows across major exchanges [2] - Smaller exchanges like Kraken and Bitfinex also reported notable inflows, with 3,508 BTC and 3,000 BTC added, respectively [2] Market Speculation - The scale of Bitcoin transfers has led to discussions about potential coordinated market activity, although Binance's CEO clarified that these deposits were user purchases rather than internal buys [3] - Analysts suggest that the data indicates strong participation from institutional and high-net-worth investors [3] ETF Inflows - Bitcoin ETF inflows reached $753 million, the highest since October 2025, with Fidelity's FBTC leading the inflows at $351 million [4][5] Price Projections - The bullish sentiment in the crypto market, alongside recent buying activity, positions Bitcoin towards the $100,000 mark [7] - Investors are considering macroeconomic factors such as inflation and central bank liquidity, which may influence Bitcoin's price trajectory [7] Long-term Value - The recent surge reinforces Bitcoin's status as a long-term store of value amid financial uncertainty and geopolitical instability [8] Market Dynamics - Arkham's data highlights a concentration of activity among major exchanges, which are critical for institutional buying, and such inflows typically precede significant price rallies [9]

Core Insights - Analysts from Bitwise and Bitfinex predict increased adoption of crypto ETFs in 2026, which is expected to drive demand for Bitcoin, Ethereum, XRP, and Solana, potentially leading to new highs for these assets [1][2][9] Group 1: Institutional Demand and ETF Supply - Bitwise forecasts that ETFs will purchase more than 100% of the new supply for Bitcoin, Ethereum, and Solana as institutional demand accelerates [2][9] - The estimated new supply hitting the market in 2026 includes 166,000 BTC valued at $15.3 billion, 960,000 ETH valued at $3 billion, and 23 million SOL valued at $3.2 billion [4] Group 2: Market Trends and Adoption - 2026 is anticipated to be a pivotal year for institutional investors gaining access to crypto ETFs, with major firms like Morgan Stanley and Vanguard recently approving ETF access for retail investors [3] - The assets under management (AUM) for crypto ETPs are projected to exceed $400 billion by the end of 2026, indicating a significant surge in AUM for crypto ETFs [7][9] - Current AUM for these ETPs is just over $200 billion, with expectations of it doubling as institutional adoption deepens [8] Group 3: XRP ETF Performance - XRP ETFs have shown impressive demand since their launch, with U.S. XRP spot funds recording $1.07 billion in inflows, while BTC funds have seen $2.8 billion in outflows during the same period [6][9]

Bitcoin slipped to around $85,200 on Friday as Asian stocks steadied after a tech-led bounce on Wall Street, and traders turned their attention to Japan, where a Bank of Japan rate move later in the day could jolt currencies and bonds. The mood improved after a shock slowdown in US consumer price inflation to 2.7%, although analysts cautioned the reading looked clearly distorted lower by the government shutdown and should not be taken at face value. Market snapshot Bitcoin: $85,811, down 1% Ether: $2, ...

Core Viewpoint - Bitfinex has implemented a long-term strategy to eliminate maker and taker trading fees to enhance its market share in the competitive cryptocurrency exchange landscape [1][2]. Group 1: Company Strategy - The zero trading fees will apply to various trading types, including spot trading, margin trading, derivatives trading, securities trading on Bitfinex Securities, and OTC trading [2]. - Bitfinex claims to have multiple revenue streams beyond trading fees, such as withdrawal fees and fees for specific capital market activities [2][3]. - The removal of trading fees is expected to create a competitive advantage, encouraging increased trading from existing customers and attracting new ones, thereby supporting higher volumes and deeper liquidity [3]. Group 2: Market Competition - The cryptocurrency exchange market is experiencing intensified competition, particularly with the rise of decentralized exchanges (DEXs), which are dividing the industry into centralized exchanges (CEXs) and DEXs [4]. - Bitfinex, as a centralized exchange, faces competition from major players like Binance, Coinbase, Kraken, and others [5]. - The emergence of decentralized alternatives has led to significant growth in daily trading volumes, with a peak of $50 billion in January 2025, currently consolidating at $11.63 billion during a bear market [6].

Fee Structure - Bitfinex 将现货、保证金、衍生品、Bitfinex Securities 和 OTC 交易的 Maker 和 Taker 交易费用正式设定为 0 [1] - 该零费用政策并非短期促销，而是将作为长期标准费用结构实施，目前没有设定的结束日期 [1]

🇺🇸 UPDATE: Bitfinex has removed all maker and taker trading fees across its spot, margin, derivatives, securities and OTC markets. https://t.co/jb1nwx0Nl8 ...