Crypto Morning Report: US December ADP Data Falls Short of Expectations, Solana Mobile Announces Launch of SKR Token

marsbitPublished on 2026-01-08Last updated on 2026-01-08

Abstract

Crypto Morning Brief: US December ADP employment data came in below expectations at 41K jobs, missing the forecast of 47K. Key regulatory developments include the US Senate preparing to review a crypto market structure bill, with increased industry lobbying efforts. The People's Bank of China continued to increase its gold reserves for the 14th consecutive month. In project news, Solana Mobile announced the official launch of its SKR token on January 21. Other notable updates: edgeX is transitioning from a Perp DEX to EDGE Chain, opBNB reduced its block time via a hard fork, and Rumble partnered with Tether to launch a non-custodial crypto wallet. Brazilian former central bank director Tony Volpon introduced a high-yield stablecoin, BRD, pegged to the Brazilian Real. Polymarket entered an exclusive data partnership with Dow Jones Media, and the Babylon protocol secured $15M in funding led by a16z Crypto.

Author: Deep Tide TechFlow

Yesterday's Market Dynamics

US December ADP Employment Change: 41K, Expected 47K

US December ADP employment change was 41,000, expected 47,000, previous value -32,000.

US Senate to Review Crypto Market Structure Bill Soon, Industry Ramps Up Lobbying Efforts

According to Crypto in America, the Senate Banking Committee plans to mark up the crypto market structure bill for discussion on January 15th. Currently, 13 pro-crypto senators are working to reach bipartisan consensus on issues such as ethics rules for public officials holding crypto and stablecoin yields. Simultaneously, the Senate Agriculture Committee is also preparing for a markup discussion next week. The crypto industry is intensifying its lobbying efforts, with representatives from over 40 companies set to hold an event on Capitol Hill this Thursday to discuss unresolved issues with senators.

China's Central Bank Increases Gold Holdings for the 14th Consecutive Month

People's Bank of China: China's gold reserves at the end of December stood at 74.15 million ounces (approx. 2,306.323 tons), an increase of 30,000 ounces (approx. 0.93 tons) month-on-month, marking the 14th consecutive month of increase.

WLFI Subsidiary Applies to OCC for US National Trust Bank Charter

According to the Wall Street Journal, World Liberty Financial stated that its subsidiary, World Liberty Trust, submitted a de novo application to the Office of the Comptroller of the Currency (OCC) on January 7th, seeking a US national trust bank charter to enable the direct issuance and custody of its dollar stablecoin, USD1. The company claimed that if approved, the trust bank would gradually launch crypto asset custody and stablecoin exchange services, primarily serving institutional clients.

Solana Mobile: SKR Token to Officially Launch on January 21st

Solana Mobile's official X account announced that the SKR token will officially launch on January 21st (UTC time).

Previous news indicated the token has a total supply of 10 billion. The token allocation includes: 30% for airdrops, 25% for growth and partnerships, 10% for liquidity, 10% for community treasury, 15% for Solana Mobile, and 10% for Solana Labs. The inflation mechanism follows a linear model, starting at 10% in the first year, decreasing by 25% annually, and eventually stabilizing at 2%. It is primarily targeted at Seeker device users and active dApp users.

edgeX Announces Transition from Perp DEX to EDGE Chain, Launches Pre TGE Season Event

edgeX officially announced it is transitioning from a Perpetual Contract Decentralized Exchange (Perp DEX) to EDGE Chain and is currently moving from a closed beta to an open beta. To support this transition, edgeX launched the Pre TGE Season event today, which will reward platform users for natural usage behavior through XP incentive units.

According to the official message, XP will be distributed weekly until the TGE (Token Generation Event) is completed, expected by or before March 31, 2026.

CZ: opBNB Has Completed Mainnet Hard Fork, Block Time Reduced from 500ms to 250ms

Binance founder CZ posted on social media, "opBNB just completed the mainnet hard fork about an hour ago. Block time reduced from 500ms to 250ms."

Listed Company Rumble Partners with Tether to Launch Crypto Wallet

Rumble Inc. (Nasdaq: RUM) and crypto giant Tether jointly announced on January 7, 2026, the launch of Rumble Wallet, a non-custodial crypto wallet directly into the Rumble platform.

According to the official press release, the wallet supports Tether (USDT), Tether Gold (XAUt), and Bitcoin (BTC), allowing viewers to tip creators directly with cryptocurrency, eliminating intermediaries like ad networks, banks, or payment processors.

MoonPay will provide on/off-ramp services for Rumble Wallet users, supporting conversions between traditional payment methods like credit cards, Apple Pay, PayPal, and Venmo and cryptocurrencies.

Former Brazilian Central Bank Official Launches High-Yield Stablecoin BRD, Pegged to the Real

According to CoinDesk, former Brazilian Central Bank director Tony Volpon announced the launch of an innovative stablecoin, BRD, pegged to the Brazilian Real and backed by Brazilian government bonds. BRD will offer holders a high yield share of up to 15%, significantly above the Fed's benchmark rate of 3.5%-3.75%.

Volpon stated on CNN Brazil's "Cripto na Real" program that BRD aims to make it easier for foreign investors to access Brazil's high-yield environment, while potentially supporting demand for Brazilian government bonds by broadening the investor base, thus reducing government borrowing costs.

Polymarket Enters Exclusive Partnership with Dow Jones Media

Prediction market platform Polymarket has entered an exclusive partnership with Dow Jones Media to provide prediction market data to media outlets including Barron's and The Wall Street Journal.

Decentralized Protocol Babylon Raises $15 Million in Round Led by a16z Crypto

According to Fortune magazine, the decentralized protocol Babylon, co-founded by Stanford professor David Tse, has raised $15 million. The round was led by Andreessen Horowitz's a16z Crypto, with the project's valuation undisclosed.

Market data shows BABY briefly surged over 15%, currently trading at $0.0209, with an FDV of approximately $200 million.

Market Dynamics

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

"Anthropic Nears Trillion-Dollar IPO, Fueled by Explosive Growth and 2028 'Intelligence Explosion' Warning Anthropic is considering a deal valuing the AI company near $1 trillion, potentially leading to one of the largest IPOs ever and surpassing SpaceX. Its revenue has skyrocketed, with Annual Recurring Revenue (ARR) reaching $45 billion in May 2026—a 500% increase in just five months. This vertical growth curve is attributed to its key products, Claude Code and Cowork, dominating AI coding and enterprise collaboration. Beyond commercial success, co-founder Jack Clark issued a pivotal warning in an interview: there is a greater than 50% chance that by the end of 2028, AI systems will achieve recursive self-improvement—the ability to autonomously build a 'better version' of themselves, initiating an 'intelligence explosion.' This prophecy underpins the company's astronomical valuation, as the market prices in the potential for transformative and disruptive AI. Further signaling its ambition, Anthropic formed a $1.5 billion joint venture with Goldman Sachs and Blackstone, aiming to disrupt traditional consulting firms like McKinsey by deploying Claude AI for complex strategic work. This move tests AI's capacity to replace high-level cognitive labor, a precursor to its predicted autonomous evolution. The narrative presents a dual future: unprecedented economic opportunity alongside significant risks like economic restructuring and security threats. Anthropic's meteoric rise and Clark's 2028 prediction frame the coming years as a countdown to a potential technological singularity."

marsbit10m ago

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

marsbit10m ago

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

Court documents from Elon Musk's lawsuit reveal OpenAI's former CTO, Mira Murati, played a central and seemingly self-interested role in Sam Altman's November 2023 ouster and reinstatement. As early as 2022, she complained to Altman about his shifting priorities and pressure to prioritize revenue. By 2023, she privately supplied co-founder Ilya Sutskever with extensive internal evidence against Altman, which became a key 52-page memo for the board. She was appointed interim CEO after Altman's firing and informed Microsoft. However, text messages show Murati simultaneously relayed the board's stance to Altman while secretly urging Microsoft's CEO to help reverse the decision. Once employee backlash mounted, she refused to publicly defend the board's move she helped engineer. She then became the first signatory on the employee petition demanding the board resign and reinstate Altman. A former board member testified Murati was "waiting to see which way the wind blew," not realizing "she herself was the wind." The evidence depicts her actions as consistently aligning with her own interests throughout the crisis.

marsbit16m ago

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

marsbit16m ago

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

The 2026 Q1 earnings season reveals a paradox: while AI helps companies freeze hiring and boost productivity, the soaring costs of AI inference—token consumption and GPU depreciation—are eroding savings from workforce reductions. Shopify reported that AI now writes over 50% of its code, enabling significant output with stable headcount. However, LLM costs, driven by heavy usage of its AI assistant Sidekick, are pressuring its subscription毛利率. Similarly, Roblox attributed a quarter of its full-year利润率下调 to increased AI investment. The article highlights a broader industry imbalance: combined AI capital expenditure for Amazon, Meta, Microsoft, and Google is projected to reach $725 billion in 2026, vastly outpacing potential savings from layoffs. For instance, Meta's planned裁员 would save about $2.4 billion annually, offsetting only ~12% of its incremental AI depreciation. While底层 model and chip suppliers like NVIDIA maintain high profitability, application-layer companies face a pricing squeeze. Their strategies now involve要么 tightly linking AI costs to user engagement (like Shopify) or introducing fees for advanced AI features (like Roblox), as covering AI bills with裁员 savings alone is financially unsustainable.

marsbit26m ago

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

marsbit26m ago

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

"Hook Summer" Arrives? Sato, Lo0p, FLOOD Ignite Uniswap v4 Narrative Amidst a slight market recovery, attention within the Ethereum ecosystem has shifted to Meme coins built on Uniswap v4's Hook protocol. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD have become market focal points, with market caps ranging from millions to tens of millions, bringing concentrated liquidity to a narrative-dry market. Uniswap v4 Hooks are "plugin smart contracts" that allow developers to inject custom logic at key points in a liquidity pool's lifecycle (initialization, adding/removing liquidity, swaps, etc.), making the AMM programmable. Recent representative projects include: * **sato**: Market cap peaked over $38M; uses a v4 curve mechanism for minting/burning, locking ETH as reserve. * **sat1**: Market cap briefly exceeded $10M, positioning as an "optimized sato," but later declined significantly. * **Lo0p**: Market cap neared $6.6M; a "lending AMM protocol" allowing users to borrow ETH against deposited LO0P tokens without immediate selling pressure. * **FLOOD**: Market cap approached $6M; channels trading reserves into Aave v3 to generate yield, which is retained in the pool. The emergence of these Hook-based tokens could drive long-term growth for the Uniswap ecosystem by attracting users and liquidity to v4 pools. Combined with Uniswap's activated fee switch (partially used to burn UNI), the long-term outlook for UNI appears positive. However, short-term UNI price appreciation is not directly guaranteed. Factors include the sustainability and lifecycle of these new tokens, their price volatility, overall market conditions, and regulatory pressures. Currently, Uniswap v4's TVL ($595M) lags behind v3 and v2, indicating Hook adoption still requires time to mature. In summary, the Hook ecosystem serves as "long-term nourishment" for UNI, but acts more as a "catalyst" than a direct "booster" in the short term. Note: These are early-stage experimental tokens and may carry unknown risks.

marsbit36m ago

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

marsbit36m ago

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

With the broader market showing signs of recovery, a new wave of interest has emerged around Ethereum-based meme coins. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD, built upon the Uniswap v4 Hook protocol, are capturing market attention. Their market capitalizations range from millions to tens of millions of dollars, injecting much-needed focused liquidity into a market lacking narratives. This article explores whether this trend signifies an incoming "Hook Summer" and its potential impact on UNI's price. Hooks are essentially plug-in smart contracts for Uniswap v4 liquidity pools, allowing developers to inject custom logic at key points in a pool's lifecycle (like initialization, adding/removing liquidity, swaps). This transforms the AMM into programmable building blocks. Key highlighted projects include: * **sato**: Peaked over $38M market cap. It utilizes a v4 curve for minting/burning; buying locks ETH as reserve to mint new tokens, while selling redeems ETH from the reserve and burns tokens. * **sat1**: Market cap briefly exceeded $10M, promoted as an "optimized sato," but later declined significantly. * **Lo0p**: Reached nearly $6.6M. It's a lending AMM protocol where buying LO0P tokens locks them as collateral, allowing users to borrow ETH from the pool reserve at 40% LTV, aiming to improve capital efficiency for idle ETH in LPs. * **FLOOD**: Peaked near $6M. Its mechanism directs asset reserves from buys into Aave v3 to generate yield, with fees and interest retained in the pool to potentially influence the token's price long-term. In the long term, the development of the Hook ecosystem can attract users and liquidity to Uniswap v4, benefiting UNI's fundamentals—especially combined with the recent activation of the protocol fee switch, where a portion of fees is used to burn UNI. However, in the short term, these Hook-based tokens are unlikely to directly drive significant UNI price appreciation. Their impact is moderated by factors like token sustainability, price volatility, and broader market and regulatory conditions. Currently, Uniswap v4's TVL ($595M) still trails behind v2 and v3, indicating adoption and growth will take time. The article concludes that while the Hook ecosystem provides long-term "nourishment" for UNI, its short-term role is more of a "catalyst" than a "booster." Readers are cautioned that these are early-stage experimental tokens and may carry unknown risks.

Odaily星球日报48m ago

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

Odaily星球日报48m ago

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