The crypto market has been quite active these days. First, regarding regulation, the U.S. Senate Banking Committee and Agriculture Committee plan to vote on legislation related to the structure of the crypto market on January 15th, which is a significant signal for the entire industry.



There has also been progress in institutional custody. An entity under WLFI is applying for a national trust bank license from the Office of the Comptroller of the Currency (OCC), aiming to directly issue and custody USD stablecoins, while expanding institutional custody and stablecoin exchange services. Additionally, the Wyoming Stablecoin Committee has approved Kraken to open a purchasing channel for the stablecoin FRNT to the public.

In terms of projects, things are moving quickly. Aave’s Horizon RWA lending market deposit net has exceeded $600 million, and Morph has invested $150 million to push forward its payment accelerator plan, aiming to scale real payment systems on-chain. The Solana ecosystem’s native token SKR is scheduled to be released on January 21st, which is also a noteworthy date.

Market-wise, recent performance has weakened. BTC once dropped below $91,000, and ETH and SOL also pulled back. The latest reserve proof from a leading exchange, Issue 38, shows that as of January 1st, user holdings are 618K BTC, 4.17M ETH, and 38.2B USDT, reflecting the current market conditions.
WLFI0,11%
AAVE0,23%
RWA-1,41%
SOL0,39%
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PermabullPetevip
· 01-08 18:25
Regulatory voting, easing of stablecoin restrictions, large-scale financing... These signals are indeed good, but the market can't rally, which is a bit awkward.
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gaslight_gasfeezvip
· 01-08 05:51
Regulation is a good thing, but with the current market... Never mind, let's wait and see how the vote goes on January 15th.
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Fren_Not_Foodvip
· 01-08 05:48
Before the regulatory boots land, the crypto prices have already started to shake. This wave of decline is really a bit surprising... If the voting results come out on January 15th, it will probably be even more intense.
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alpha_leakervip
· 01-08 05:42
The regulatory boots are about to land, let's see the real deal on January 15th... But speaking of which, BTC has already fallen below 91K, and we're still talking about legislation. It feels like the market has already reacted in advance.
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MiningDisasterSurvivorvip
· 01-08 05:36
What’s the use of regulatory signals? 2018 had them too, but in the end, it was just chaos. 1.5 billion invested in payment accelerators, another project team making big promises—I’ve been through all that. Stablecoin issuance wave... let’s see which one can’t run away. Did you start panicking when BTC dropped below 91K? I’ve survived the bear market, what’s a little fluctuation? Aave hits 600 million in deposits and everyone’s excited, but don’t forget how much of that is just funds cycling through Ponzi schemes. The SKR release date is set. Betting on whether this will become the next frenzy before a major crash.
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notSatoshi1971vip
· 01-08 05:32
A bunch of positive regulatory news, yet the market actually breaks below support—this is ridiculous haha
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