Crypto Morning Brief: 10-Year Japanese Government Bond Yield Rises 3 Basis Points, PancakeSwap Passes 'Reduce Maximum Supply' Proposal

marsbit2026-01-20 tarihinde yayınlandı2026-01-20 tarihinde güncellendi

Özet

Trump links Nobel Peace Prize rejection to Greenland sovereignty claim in letter to Norwegian PM. Japan's 10-year government bond yield rises 3 basis points to 2.3%, highest since 1999. PancakeSwap passes proposal to reduce CAKE's max supply to 400 million tokens. Magic Eden allocates 15% of platform revenue to ME token ecosystem, split between buybacks and staking rewards. Trove faces investor backlash after abandoning Hyperliquid to build on Solana, with funds allegedly diverted to a casino. China's Supreme Procuratorate emphasizes crackdown on virtual currency money laundering crimes. Bitmine stakes an additional 86,848 ETH ($279.4M), bringing total staked to 1.77M ETH ($5.65B). New York Stock Exchange plans to enable 24/7 trading for US stocks.

Author: Deep Tide TechFlow

Yesterday's Market Dynamics

Trump Writes to Norwegian Prime Minister: Reiterates Greenland Sovereignty Claim Due to Not Receiving Nobel Peace Prize

According to Bloomberg, US President Trump recently sent a letter to Norwegian Prime Minister Jonas Gahr Støre, directly linking his claim to Greenland's sovereignty to not receiving the Nobel Peace Prize. Trump stated in the letter: "Given your country's decision not to award me the Nobel Peace Prize, despite me having prevented eight or more wars, I no longer feel obligated to consider only peace, and can now think about what is beneficial for the United States of America."

10-Year Japanese Government Bond Yield Rises 3.0 Basis Points to 2.3%, Hitting Highest Level Since February 1999

According to Jinshi Data, the yield on the 10-year Japanese Government Bond (JGB) rose 3.0 basis points to 2.3%, reaching its highest level since February 1999. The yield on the 30-year US Treasury note rose 3.8 basis points to 4.879%, the highest level since early September last year. The yield on the 40-year Japanese Government Bond rose 5.5 basis points to 4%.

Genius: GENIUS Token to Be Created Before April 12 This Year

According to a message from the official X account of the on-chain trading platform Genius Terminal, the platform has officially released its airdrop and points whitepaper.

According to the announcement, Genius Season 1 will end on April 12, 2026, and the GENIUS token will be created before April 12 this year. From now until April 12, 10 million GP (Genius Points) will be distributed weekly, with points allocated retroactively based solely on spot trading volume.

Previous news: YZi Labs made a "tens of millions of US dollars" investment in Genius Trading, with Changpeng Zhao (CZ) serving as an advisor.

Zero Network Announces Normal Operations Have Resumed

According to an official announcement, the Zerion L2 network, Zero Network, has been restored and is fully operational.

Previous news: The Zerion-incubated L2 network Zero Network had stopped producing blocks for over 3 weeks.

PancakeSwap: Proposal Passed, CAKE's Maximum Supply Reduced to 400 Million Tokens

PancakeSwap posted stating that the relevant proposal has passed, and CAKE's maximum supply has been adjusted to 400 million tokens.

Aster Announces Allocation of 20-40% of Daily Platform Fees for Targeted Buybacks

According to an official disclosure by Aster, Aster has deployed its strategic buyback reserve to automatically execute the $ASTER token buyback plan. This plan, based on the Phase V buyback plan announced last month, allocates 20-40% of daily platform fees for targeted buybacks, dynamically responding to market conditions to maximize value and reduce circulating supply. Aster has already automatically executed an initial buyback through the reserve wallet 0x5E4969C41ca9F9831468B98328A370b7AbD5a397.

Magic Eden Announces Allocation of 15% of Revenue to ME Token Ecosystem, 50% for ME Token Buybacks, Another 50% Distributed to ME Stakers

According to a message last night from the NFT trading platform Magic Eden, starting February 1st, 15% of the platform's total revenue will be allocated to the ME token ecosystem. This portion of revenue will be split evenly, with 50% used to buy back ME tokens, and the other 50% distributed to ME stakers in USDC, with the distribution ratio based on staking power.

Staking power will be determined by both the amount staked and the staking duration. Users can claim rewards monthly, with the first claim opening in March (for February activities). Magic Eden stated that rewards must be claimed within 90 days.

Trove Abandons Hyperliquid for Solana, Sparking Strong Investor Protests and Refund Demands

According to a Cryptonews report, Trove Markets, after raising over $11.5 million, suddenly announced abandoning its integration plans with Hyperliquid to instead build a perpetual contracts trading platform on Solana, sparking strong investor protests and demands for refunds.

The Trove team explained that the decision was due to a liquidity partner withdrawing 500,000 HYPE tokens, which were originally intended to support the planned Hyperliquid integration. Additionally, blockchain investigator ZachXBT found that a Trove-related address transferred approximately $45,000 to a casino deposit address, further intensifying questions about the project's fund management. The TROVE token TGE was originally scheduled for January 19 at 16:00 UTC but may be delayed due to the platform shift and potential processing of refunds.

Bitmine Stakes Another 86,848 Ethereum, Valued at Approximately $279.4 Million

According to monitoring by Onchain Lens (@OnchainLens), Bitmine has further staked 86,848 Ethereum (ETH), valued at approximately $279.4 million.

As of now, Bitmine has cumulatively staked 1,771,936 Ethereum, with a total value of $5.65 billion.

Reuters: New York Stock Exchange to Enable 24/7 Trading of US Stocks

According to Reuters, the New York Stock Exchange will enable 24/7 trading of US stocks.

Supreme Procuratorate: Increase Efforts in Anti-Money Laundering Work, Focus on Punishing Crimes Using Virtual Currency Laundering, etc.

According to Jinshi Data, at the National Chief Procurators' Meeting held in Beijing on January 19th, the Supreme People's Procuratorate made deployments for serving high-quality development by fully utilizing the force of the law. The Supreme Procuratorate required that procuratorial organs must maintain economic and financial security according to the law, severely punish serious economic crimes, and promote the creation of a law-based business environment. The Supreme Procuratorate required severe punishment for crimes such as smuggling and exporting strategic minerals to safeguard national strategic interests;

Collaborate with the National Financial Regulatory Administration and others to lawfully address the chaos of illegal intermediaries in the financial sector, severely punish crimes such as illegal fundraising and financial fraud, combat financial "black and gray industries" across the entire chain, ensure the stable operation of finance, and protect the property safety of the people;

Increase efforts in anti-money laundering work, focusing on punishing crimes using underground banks, virtual currency laundering, etc. The Supreme Procuratorate proposed deepening the rule of law in the capital market in collaboration with the China Securities Regulatory Commission (CSRC), improving the stationed securities procuratorial work mechanism, severely punishing securities crimes such as financial fraud and market manipulation, and maintaining capital market security. (Xinhua News Agency)

Market Dynamics

İlgili Sorular

QWhat was the new maximum supply of CAKE approved by the PancakeSwap proposal?

AThe maximum supply of CAKE was adjusted to 400 million tokens.

QTo what level did the 10-year Japanese Government Bond yield rise, and what significant high did it reach?

AThe 10-year Japanese Government Bond yield rose by 3.0 basis points to 2.3%, marking its highest level since February 1999.

QWhat two actions is Magic Eden taking with 15% of its platform revenue for the ME token ecosystem?

AMagic Eden will use 50% of the allocated revenue to buy back ME tokens and distribute the other 50% in USDC to ME stakers.

QWhy did Trove Markets face strong protests from its investors?

AInvestors protested and demanded refunds after Trove Markets abandoned its plan to integrate with Hyperliquid and instead decided to build a perpetual contracts trading platform on Solana, a decision partly triggered by a liquidity partner withdrawing support.

QWhat did the Supreme People's Procuratorate of China emphasize in its deployment to maintain financial security?

AIt emphasized cracking down on crimes such as illegal fundraising and financial fraud, and increasing efforts in anti-money laundering work, specifically highlighting the punishment of crimes involving money laundering through underground banks and virtual currencies.

İlgili Okumalar

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

Michael Saylor, Executive Chairman of Strategy (MSTR), confirmed that the dividend rate for its STRC perpetual preferred shares will remain at 12.00% through August 2026. The rate has increased from 9% at its July 2025 launch to the current high via a "ratchet" mechanism, which permanently raises the rate by 0.5% whenever the share price falls below $95. This mechanism is intended to push the price back toward its $100 par value and support Strategy's "at-the-market" (ATM) program for issuing new shares to fund Bitcoin purchases. However, the mechanism has not worked as intended. STRC shares closed at $89.46 on July 31, remaining about 10-11% below par value despite the record-high dividend. Competition from rival Strive's higher-yielding SATA securities has pressured demand. The persistent discount has forced Strategy to suspend new STRC issuances via its ATM program, limiting this funding channel for Bitcoin acquisitions. STRC's struggles reflect Bitcoin's own volatility, as the preferred shares historically move in tandem. Analysts have warned the ratchet structure carries long-term, one-way risk. A law firm is investigating Strategy's ability to maintain dividend payments if Bitcoin's price stays low. Retail investors own roughly 83% of outstanding STRC shares, a group seen as prone to panic selling during downturns. In response, Strategy has established financial reserves, including a liquidity cushion covering about 26 months of dividend/interest obligations, and a $2 billion share buyback program alongside a Bitcoin monetization framework, though the company emphasized it is not obligated to sell any Bitcoin.

cryptonews.ru3 dk önce

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

cryptonews.ru3 dk önce

Analyst: Bitcoin's Price Will Drop to $60k in August, Then Rebound to $70k

Financial analyst Andrey Poroshin has provided a new forecast for Bitcoin's price dynamics in August. Poroshin, an analyst at the Bitbanker exchange, expects the cryptocurrency market to experience a downturn this month, with prices retesting the $60,000 level due to a lack of supportive macroeconomic catalysts. He noted that the recent US Federal Reserve decision to hold interest rates did not significantly impact the market, while inflation remains above the 2% target. Poroshin stated that Bitcoin is ending July under pressure from moderate volatility and a lack of new macroeconomic stimuli, leading to continued market caution. According to his base scenario, Bitcoin will drop to a range of $60,000 to $62,000 before recovering to $70,000. He pointed out that even $70,000 remains below the cost of mining in the US, which has prompted some miners to shift towards AI data center operations. Poroshin cited the winding down of BitMEX's operations as a potential catalyst for a price rebound, suggesting the exit of weaker players often coincides with market reversals and reduced short-term selling pressure. He believes Bitcoin is currently less susceptible to geopolitical shocks, such as the Iran-US conflict, and does not expect significant market changes in August related to the pending CLARITY Act. Looking ahead, Poroshin forecasts that September will bring more active price fluctuations driven by potential Fed rate decisions and possible discussions or approval of the CLARITY Act.

cryptonews.ru3 dk önce

Analyst: Bitcoin's Price Will Drop to $60k in August, Then Rebound to $70k

cryptonews.ru3 dk önce

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

Following a major hack targeting Coldcard hardware wallets, losses have surged to approximately 1,367 BTC ($88.6 million) across 4,585 addresses. The third wave of attacks stole an additional 207.7 BTC, exhibiting different patterns from the first two. While initial attacks used shared deposit addresses and targeted P2WPKH wallets, the latest wave employed unique recipient addresses per victim and focused on P2WSH addresses. Analysis by Galaxy Research cannot definitively link all three waves to the same attacker, raising the possibility of a second actor exploiting the known vulnerability. The stolen funds, predominantly from wallets holding under 1 BTC, remain unspent. The vulnerable Coldcard firmware was released in March 2021, and all stolen coins originate from after that date.

cryptonews.ru1 saat önce

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

cryptonews.ru1 saat önce

Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC

Trump Media & Technology Group has sold an additional 2,628 Bitcoin (worth approximately $165 million), continuing a series of sales over the past seven months. According to blockchain data from Arkham cited by Lookonchain, these latest transfers to Crypto.com bring the company's total reported Bitcoin sales to 7,281 BTC (worth about $545 million), reducing its holdings by 63%. The company's remaining Bitcoin holdings now stand at 4,261 BTC, valued at $269.8 million. Trump Media initially purchased 11,542 BTC at an average price of $118,522 before beginning the sales. This activity occurs amid broader scrutiny of crypto ventures linked to former President Donald Trump, as lawmakers debate the CLARITY Act, which focuses on ethics rules, digital asset ownership, and potential conflicts of interest for public officials.

cointelegraph1 saat önce

Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC

cointelegraph1 saat önce

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

In Fujian's Jinjiang, a city known for sportswear, lies a quiet semiconductor giant: Fujian Jinhua Integrated Circuit Co. (JHICC). Once a promising domestic DRAM manufacturer alongside Yangtze Memory and ChangXin Memory Technologies (CXMT), its journey was derailed in 2018 when the U.S. placed it on an Entity List and filed criminal charges for alleged trade secret theft. This halted production for years. A turning point came in February 2024 when a U.S. federal court found JHICC not guilty. However, it had lost crucial time. While CXMT soared to become a top-valued A-share company in 2024, JHICC, with an estimated valuation of 80 billion RMB, was just restarting. Its current output is primarily customized DDR4 chips, not the advanced DDR5/HBM demanded for AI, but it still benefits from the broader memory chip upcycle. JHICC's story is tied to Chen Zhengkun, a veteran engineer who left Micron to lead the venture. Founded in 2016 with state-backed funding, JHICC partnered with Taiwan's UMC to develop DRAM technology. Rapid progress was cut short by the U.S. actions, which Micron initiated, partly due to its heavy reliance on the Chinese market. Post-sanctions, Chen's team worked to rebuild the production line with reduced reliance on U.S. technology. According to its records, JHICC achieved small-scale production and revenue growth under immense pressure. It now focuses on the stable "niche" DRAM market (e.g., TVs, routers) with a monthly capacity of ~40,000 wafers, aiming for 60,000 by 2026. It holds over 1,000 patents but remains on the Entity List. For Jinjiang, investing in JHICC was a bold industrial leap. The local government provided unwavering financial and logistical support during the crisis, helping the company survive. JHICC has become the anchor for a growing local semiconductor cluster. Though its scale lags behind domestic peers, JHICC's persistence symbolizes a hard-won foothold in a global market long dominated by Samsung, SK Hynix, and Micron. Having missed one boom, it seeks a place in the new AI-driven memory supercycle.

marsbit2 saat önce

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

marsbit2 saat önce

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Crypto Morning Brief: 10-Year Japanese Government Bond Yield Rises 3 Basis Points, PancakeSwap Passes 'Reduce Maximum Supply' Proposal

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Yesterday's Market Dynamics

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İlgili Sorular

İlgili Okumalar

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

Analyst: Bitcoin's Price Will Drop to $60k in August, Then Rebound to $70k

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

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