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According to Cointelegraph, venture capitalist Nic Carter stated in a podcast that the long-term inaction of Bitcoin developers regarding the potential threat of quantum computing to Bitcoin may lead to dissatisfaction among large institutions holding significant amounts of Bitcoin (such as BlackRock), ultimately triggering an "institutional takeover."Nic Carter warned that institutions will not tolerate the core security issues of Bitcoin being ignored for an extended period. "If developers continue to be inactive, institutions will lose patience and will fire the current developers, replacing them with new ones."

According to CoinDesk, the DeFi Education Fund (DEF) based in Washington, USA, stated in response to the UK Financial Conduct Authority (FCA) regarding the consultation paper on the regulation of crypto asset activities that regulatory obligations should only apply to entities that have "unilateral control" over user assets or transactions, and should not be considered intermediaries solely for developing or participating in decentralized protocols.DEF argues that "control" should be linked to specific operational powers such as the ability to unilaterally initiate or block transactions, modify protocol parameters, or exclude users, and warns that directly applying the requirements for prudent regulation, reporting, and platform access of centralized trading platforms, as well as complete anti-money laundering obligations, to automated, non-custodial DeFi protocols will be structurally mismatched.

According to on-chain analyst Ai Yi's monitoring, Trend Research (0xFaf...840f) has allegedly sold 47,000 ETH in the past 6 hours to avoid liquidation, with a total value of 89.29 million USD.The institution continues to deposit 20,000 ETH to Binance, with the latest liquidation range being between 1,509 USD and 1,800 USD.

Ethereum founder Vitalik Buterin stated that currently, a large number of newly created EVM chains are simply replicating existing architectures or connecting to Ethereum through optimistic bridges with a one-week delay. This approach is akin to the governance replication seen in Compound; while it is "comfortable," it depletes innovation in the long run, leading the ecosystem into a dead end.If a new chain does not connect to Ethereum's optimistic bridge (i.e., purely a substitute L1), the situation is even worse. What the ecosystem truly needs are projects that can bring new features, such as privacy protection, application-specific efficiency, or ultra-low latency. The form of "Ethereum connection" must match the actual functionality.For example, prediction market applications can issue and settle markets on L1, manage user accounts, but transaction execution occurs in a Rollup or L2-like system, with L1 verifying signatures and market states. A deeply connected L1 architecture should be prioritized, rather than a formal bridge for recognition.Another type of "application chain" can verify algorithm execution on government, social media, or gaming platforms, ensuring updates are authorized and executed according to pre-committed rules through technologies like STARK. Although these chains are not entirely Ethereum, they can provide algorithmic transparency and minimize trust, facilitating economic activities that were previously impossible.New projects should achieve two points: first, truly bring innovation, not just replicate existing EVM chains; second, ensure that the public relations image matches actual functionality. The project's claimed level of connection to Ethereum should genuinely reflect its technical and ecological dependencies, ensuring ecosystem interoperability and long-term value.

According to on-chain analyst @ai_9684xtpa, a certain whale/institution sold 41,800 ETH to avoid liquidation. They sold a total of $94,140,000 worth of ETH through Hyperunit across 10 addresses in the past 8 hours, and subsequently deposited it into Aave to repay loans.Since the market drop on January 31, they have cumulatively sold 58,117 ETH (approximately $131 million) and currently still have 38,465.3 ETH staked on-chain and have borrowed 40.06 million USDC.

The third lecture of the "HTX New Year First Lesson" series will be held on January 29 at 19:00. This course features a special guest, Zhou Yajin, a researcher at Zhejiang University and co-founder and CEO of BlockSec, who will present on the topic "A Safety Guide from 'Novice' to 'Veteran' to Avoid Pitfalls," focusing on common risks and coping strategies in crypto trading.The core highlights of the course are clear: first, it will review classic exit scams in the crypto field, breaking down the tricks of the trade to help participants avoid pitfalls in advance; second, it will specifically address the core question "Why was my account banned?" guiding investors to stay away from suspicious funds and protect their account security.This course will still be live-streamed on the Huobi APP, and recorded content can later be found on Bilibili and Zhihu platforms by searching for "HTX Live" to provide practical safety learning channels for crypto investors at different stages.

According to Onchain Lens monitoring, as the market declines, Bitcoin OG has deposited approximately $20 million USDC into Hyperliquid as margin supplementation to avoid position liquidation.Currently, the overall floating loss of this address has expanded to about $83.4 million, with a cumulative funding fee paid of approximately $8 million, and the paper profit has significantly dropped from a previous high of about $142.5 million to approximately $9.7 million.As of now, its main holdings are:ETH: 223,340.65 coins, valued at approximately $632 million;BTC: 1,000 coins, valued at approximately $86.99 million;SOL: 511,612.85 coins, valued at approximately $61 million.

BitMine Chairman Tom Lee analyzed that it is very important for Strategy to recently establish a cash reserve of $1.4 billion. Although Strategy's stock price has fallen more than 50% in the past six months, this cash reserve will allow the company to continue paying dividends to shareholders during the decline in Bitcoin prices without having to sell its $61 billion Bitcoin holdings.Tom Lee pointed out that during the last Bitcoin downturn cycle, Strategy's stock trading price fell below its net asset value (NAV), and the establishment of a cash reserve is precisely to prepare for such situations.

According to Jin Ten, BMO Capital Markets strategist Ian Lyngen pointed out that there will be a wave of "revised" economic data released in the coming weeks, which will significantly impact the policy outlook. Therefore, Federal Reserve Chairman Powell is likely to remain vague after the December meeting, avoiding any explicit commitments regarding the interest rate decision in January. Lyngen emphasized that the U.S. Bureau of Labor Statistics will release several important economic data during this period, and the cumulative effect of this information will redefine the market's understanding of economic performance.

According to Cointelegraph, crypto analyst "Daan Crypto Trades" pointed out that Bitcoin is currently hovering around a key technical price level, which serves as the 0.382 Fibonacci retracement zone, a critical support and resistance level in the market cycle that must be effectively supported to avoid significant losses. If it breaks below this level, the price of Bitcoin may drop to the April low of around $76,000, and testing this low would break the existing market structure in the long-term timeframe.On Sunday evening, the Bitcoin market experienced a sharp liquidation of short-term leverage, with both long and short leverage positions being liquidated. The price briefly dipped below $88,000 before quickly rebounding above $91,500, which is undoubtedly an example of a low liquidity weekend market being manipulated to simultaneously clear long and short leverage positions.

Strategy, as the largest publicly held company with Bitcoin, could impact Bitcoin prices if it sells part of its holdings. JPMorgan stated that Strategy can avoid forced selling by maintaining its enterprise value to Bitcoin holdings ratio above 1, which is currently at 1.13. If this ratio stays above that level, the Bitcoin market may stabilize, alleviating recent pressures.Affected by the downturn in the crypto market, Strategy's stock price has fallen about 42% over the past three months, and the company has also slowed its pace of Bitcoin purchases, adding 9,062 Bitcoins last month compared to 134,480 Bitcoins during the same period a year ago. Additionally, if Strategy is removed from the MSCI index, it could trigger an outflow of about $8.8 billion. However, Strategy has $1.4 billion in dividend and interest reserves, which can help avoid forced selling of Bitcoin even if prices drop further.

According to Politico, the UK government is considering banning the use of cryptocurrencies for political donations to avoid foreign interference in the political donation system.Previously, Reform UK became the first UK political party to accept cryptocurrency donations. Led by Farage, Reform UK has rapidly risen in UK polls and was the first to announce earlier this year that it would accept cryptocurrency donations as part of its commitment to the UK's "crypto revolution," having already received its first batch of crypto asset donations.Although the upcoming Elections Bill policy document from the UK government initially did not mention a ban on cryptocurrency donations, three insiders have revealed that officials are currently discussing whether to completely prohibit funding UK politicians with cryptocurrencies.Farage, the recognized actual leader of Reform UK, has long held some crypto assets himself. He has stated to the cryptocurrency industry that he is "the only hope for the UK crypto industry" and has attempted to emulate his long-time ally—U.S. President Trump’s broad embrace of cryptocurrencies.

According to Onchain Lens monitoring, as the ZEC price fell below $370, a certain whale deposited $1.5 million USDC into Hyperliquid to avoid the liquidation of its 10x leveraged long position in ZEC. Currently, the whale's unrealized loss is $4.28 million, with total losses reaching $6.6 million.

According to market news, South Korean financial authorities are expected to impose sanctions on the country's cryptocurrency exchanges for violations of anti-money laundering obligations. After completing the penalties against Dunamu (the operator of Upbit), the FIU plans to take action sequentially against other exchanges such as Korbit, Gopax, Bithumb, and Coinone.Since last year, the Financial Supervisory Service has completed on-site inspections of the aforementioned exchanges and is currently in the legal review and sanction deliberation stage. The FIU will process cases in the order of inspection completion, but due to Bithumb needing a re-examination, its processing order may be delayed. The market expects the sanctions imposed on each exchange to be relatively similar in intensity. Previously, the FIU had warned the head of Dunamu in February this year and imposed a three-month suspension on new customer deposits and withdrawals; subsequently, on November 6, a fine of 35.2 billion won was imposed. Other exchanges are also expected to face fines in the hundreds of billions of won, with specific amounts determined based on the circumstances of the violations. Due to the large volume of pending cases, the FIU expects it will be difficult to complete all procedures within this year, and most sanctions may be implemented in the first half of next year.

According to on-chain analyst Yu Jin (@EmberCN), a whale who had been hoarding WBTC and ETH through a circular loan to avoid liquidation sold off 18,517 ETH in a fire sale over two days, worth approximately $56.45 million, realizing a loss of $25.29 million.After liquidating ETH, the whale still holds 1,560 WBTC, with a cost basis of $116,762, currently facing an unrealized loss of $41.12 million.

According to Jin Ten, Fed's Musalem stated that the room for easing policy is limited without becoming excessively loose.

According to Jinshi reports, Federal Reserve Governor Mulan stated that the Federal Reserve has a responsibility to ensure that monetary policy is appropriate and to avoid being in an overly tight state in order to eliminate some economic downside risks.