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According to CoinDesk, MicroStrategy (MSTR), a prominent bitcoin development company, is recognized for its significant volatility and trading activity in the equity market. Despite having a market capitalization of less than $100 billion, MicroStrategy's trading volume is comparable to that of the leading technology giants, often referred to as the 'magnificent seven.' These tech companies, including Apple (AAPL), NVIDIA (NVDA), and Microsoft (MSFT), boast market caps exceeding $1 trillion, with some surpassing $3 trillion. Data from Market Chameleon indicates that from December 2, 2024, to January 7, 2025, MicroStrategy saw an average daily trading volume of nearly 24 million shares. This volume places MicroStrategy sixth among the tech giants, surpassing Microsoft, which averages 20 million shares daily, and META, with 12.2 million shares. NVIDIA leads in trading volume, followed by Tesla (TSLA). Year-to-date, MicroStrategy's stock has risen approximately 14%, with a 30-day implied volatility (IV) of 104. Implied volatility reflects the market's forecast of future price fluctuations over the next 30 days. This IV is derived from options pricing, and when compared to iShares Bitcoin Trust (IBIT), which has an IV of around 60, MicroStrategy is 1.7 times more volatile. As of January 7, MicroStrategy holds the highest 30-day implied volatility (IV30) of 105 among the 'magnificent seven,' with Tesla being the closest competitor with an IV30 of 71.0, as reported by Market Chameleon.

According to Odaily, a16z crypto has identified five emerging trends in the integration of AI and cryptocurrency technologies. Firstly, blockchain is being utilized to address trust issues arising from AI-generated content by ensuring authentication, anti-counterfeiting, and ownership. Secondly, the combination of decentralized technology and AI can enhance user privacy and improve network governance capabilities. Thirdly, the concept of 'proof of humanity' is becoming crucial in combating the surge of fake content, thereby increasing the credibility of digital identities. Fourthly, AI agents equipped with cryptocurrency wallets can autonomously conduct transactions and participate in decentralized infrastructure networks. Lastly, Trusted Execution Environments (TEE) are essential for the secure operation of autonomous AI systems, laying the groundwork for future autonomous AI applications.

According to Odaily, the Dollar Index (DXY) experienced a short-term increase of over 20 points, currently standing at 109.35. This movement follows reports from CNN indicating that former President Donald Trump is contemplating declaring a national economic emergency in response to a new tariff plan.

According to PANews, four informed sources have revealed to CNN that former President Donald Trump is contemplating declaring a national economic emergency. This move would provide a legal basis for imposing widespread tariffs. The declaration would enable Trump to utilize the International Emergency Economic Powers Act (IEEPA) to establish a new tariff plan. This legislation grants the president unilateral authority to manage imports during a national emergency. One source mentioned that Trump favors this law because it offers extensive jurisdiction over tariff implementation without the stringent requirement to prove that the tariffs are necessary for national security reasons. The Trump transition team has not responded to requests for comment.

Binance Japan, the domestic branch of the global cryptocurrency exchange, announced the addition of three new cryptocurrencies to its platform: Pepe (PEPE), Sei (SEI), and IoTeX (IOTX). This marks the first-ever listing of SEI in Japan, while PEPE becomes the third platform listing after BITPoint and OKJ, and IOTX secures its second listing after OKJ.Launch Dates and ServicesPEPE: Trading begins on January 9th, 17:00 (JST).SEI and IOTX: Trading begins on January 16th, 17:00 (JST).The supported services include spot cryptocurrency trading, "automatic purchase (savings)" plans, and Binance Japan’s cryptocurrency lending service, Simple Earn.Trading PairsThe newly listed tokens will support multiple trading pairs, including the Japanese yen (JPY):PEPE/JPYSEI/JPY, SEI/BTC, SEI/BNBIOTX/JPY, IOTX/BTC, IOTX/ETHNetwork SupportPEPE: Ethereum for deposits.SEI: SEI and SEI EVM.IOTX: IoTeX and Binance Smart Chain (BSC), with Ethereum supported for deposits only.Binance Japan’s Growing PortfolioWith the addition of these three tokens, Binance Japan’s total cryptocurrency offerings will reach 59 tokens, including major names such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP).This strategic move enhances Binance Japan’s portfolio, offering more diverse investment opportunities and further solidifying its position in Japan’s cryptocurrency market.

On Jan 08, 2025, 11:36 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 95,000 USDT and is now trading at 94,994.890625 USDT, with a narrowed 6.08% decrease in 24 hours.

According to Odaily, Czech National Bank Governor Aleš Michl revealed in an interview with CNN Prima News that he is contemplating the acquisition of 'some Bitcoin' as a diversification strategy. Michl emphasized that this would not constitute a significant investment for the bank. Previously, Michl had expressed interest in incorporating Bitcoin into future reserve strategies, viewing it as a potential diversification tool for the country's foreign exchange reserves. This move highlights the growing governmental interest in cryptocurrencies as a savings technology.

According to Odaily, Nasdaq-listed Bitcoin mining company IREN has released its monthly update, revealing a mining output of 529 BTC for December 2024. Based on a price of $98,524 per Bitcoin, the mining revenue for the month is approximately $52.1 million. Throughout the entire year of 2024, IREN's total Bitcoin mining output reached 3,984 BTC.

According to Foresight News, Thailand's Deputy Prime Minister and Finance Minister, Pichai Chunhavajira, announced on Wednesday at a seminar organized by the Marketing Association of Thailand that the country will initiate a new cryptocurrency payment project. This initiative will begin in the popular tourist destination of Phuket, allowing foreign tourists to use digital assets for shopping in the city. The government's objective is to enable foreign visitors to utilize their digital assets for purchases in tourism-focused cities. Pichai Chunhavajira emphasized that the pilot program will adhere to the existing legal framework to ensure compliance with all laws. The Phuket trial will permit foreign tourists to register their Bitcoin through Thai exchanges, complete identity verification, and then use cryptocurrency to pay for goods and services.

According to Odaily, Arkham monitoring has reported that the Ethereum Foundation recently executed a transaction involving the sale of 100 ETH. The transaction, which occurred seven minutes prior to the report, resulted in the acquisition of 336,000 DAI. The sale was conducted through the Ethereum Foundation's address 0xd77, which is typically used for small-scale, high-frequency ETH sales.

According to PANews, senior EU digital officials have pledged to actively advance the investigation into X Platform, formerly known as Twitter, to determine if it has violated the Digital Services Act. This legislation aims to combat illegal and harmful content, with the investigation focusing on whether X Platform's algorithms promote far-right political content. If violations are confirmed, X Platform could face fines of up to 6% of its global annual revenue. The European Commission has stated that it will reach a conclusion in accordance with the law as soon as possible.

Binance has unveiled the 13th batch of its Spotlight projects on Binance Alpha, featuring three innovative tokens: $LMT (Limitus Intel), $PAAL (Paal Mind), and $SNAI (Swarm Node).

Key Takeaways:Bitcoin faces short-term pressure due to a stronger U.S. dollar and inflation concerns.Despite the dip, Bitcoin’s long-term bullish trend remains intact.The $100,000 support level is critical for Bitcoin’s recovery.Market participants are closely watching upcoming economic data that may influence future movements.The cryptocurrency market experienced a decline today, with the total market capitalization falling by approximately 6.3% to around $3.35 trillion on January 8, as strong U.S. economic data indicated the possibility of upcoming interest rate hikes.Why is Bitcoin Falling Today?Stock Market Influence: Bitcoin’s movements are often influenced by broader market trends, and today’s decline is no exception. The stock market, particularly tech stocks such as Nvidia and Tesla, has seen significant losses recently, triggering a ripple effect that also impacted Bitcoin prices. This has contributed to the current dip, with Bitcoin falling from a high of $100,000 earlier in the week.Strengthening U.S. Dollar: According to Greeks.live, Bitcoin’s price has closely mirrored the performance of the U.S. dollar, which has been gaining strength in recent days. This surge in the dollar comes amid ongoing concerns over inflation and tightening global liquidity. As a safe-haven asset, the dollar is attracting investors, leaving riskier assets like Bitcoin under pressure. This relationship has caused a downward trend in Bitcoin prices as investors flock to the dollar for stability.Inflation Fears: : Inflation remains a significant concern, affecting both traditional markets and cryptocurrencies. Recent data from the U.S. economy, coupled with a hawkish stance by the Federal Reserve, has heightened fears of persistent inflation. As inflation fears grow, so does the risk of higher interest rates, which could weigh on Bitcoin’s short-term performance. This economic uncertainty has led to a more cautious outlook from investors across multiple asset classes.Options Data and Market Sentiment:  According to Greeks.live, short-term implied volatility (IV) has slightly rebounded but remains low. The stability in Option Skew and futures premiums indicates that the current pullback is mainly driven by the stronger U.S. dollar and falling U.S. stocks, with the broader consensus suggesting that Bitcoin’s trend and the bull market remain intact.What’s Next for Bitcoin?Bitcoin’s Long-Term Trend Remains Bullish: Despite today’s correction, analysts believe that Bitcoin’s long-term bullish trend remains intact. According to Adam from Greeks.live, the main factors driving Bitcoin’s current dip are external to its core fundamentals. While the short-term market sentiment is driven by inflation concerns and a stronger dollar, Bitcoin’s institutional backing and growing adoption remain strong.Key Support Levels to Watch: For Bitcoin, the $100,000 level remains a critical support zone. Analysts believe that this level could serve as a strong point for Bitcoin to stabilize and potentially rebound. The continued accumulation of Bitcoin by institutions like MicroStrategy signals long-term confidence in the asset, even amidst short-term volatility.Upcoming Economic Data: As we head into January, several key economic reports are set to be released, including U.S. non-farm payroll data and the Consumer Price Index (CPI) on January 15. These economic indicators will provide insight into inflation trends and monetary policy, which will significantly influence the market. Bitcoin’s price action will remain closely tied to these developments, as investors assess the likelihood of continued tightening from the Federal Reserve.Matrixport’s Insight on LiquidityAccording to Matrixport’s Markus Thielen, global liquidity fluctuations are putting short-term pressure on Bitcoin’s price. With a stronger U.S. dollar and tightening liquidity, Bitcoin may face a consolidation phase. However, Thielen remains optimistic about Bitcoin’s long-term growth potential.Liquidations Triggered by the Market PullbackToday’s pullback has led to significant liquidations across crypto markets. According to CoinGlass, a massive $631 million in long positions were liquidated, with $111 million of those being long Bitcoin positions. This marks the first major leverage flush of the year.

According to PANews, Orange Finance, a liquidity management protocol on Arbitrum, has been hacked, resulting in the loss of approximately $787,000 in cryptocurrency assets. The breach was reported by PeckShieldAlert, which revealed that the attacker gained control of the administrator address, upgraded the contract, and transferred the funds to their wallet. Users are strongly advised to immediately revoke all contract authorizations related to Orange Finance to prevent further losses and cease any interactions with the compromised protocol. Orange Finance has attempted to contact the attacker via Arbiscan to negotiate the return of the stolen funds.

According to Odaily, Virtuals Protocol announced on the X platform that their official Discord server has been compromised. Users are advised not to click on any posts or private messages from administrators until further notice. The team is actively investigating the issue and will provide updates as soon as possible.

According to CoinMarketCap data, the global crypto market cap is $3.33T, a 6.68% decrease over the last day.Bitcoin (BTC) traded between $95,251 and $101,770 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $95,907, down by 5.76%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include FIRO, STPT, and PAXG, up by 23%, 2%, and 0%, respectively.Top stories of the day:Binance CEO Richard Teng: Major Investment in Compliance to Strengthen Competitive EdgeBhutan's Economic Zone, Gelephu Mindful City (GMC), Announces Inclusion of BTC, ETH, and BNB in Strategic ReservesMicroStrategy Acquired 258,320 BTC in 2024, Creating $14B in Shareholder ValueCzech National Bank Considers Bitcoin for Reserve DiversificationSpanish Banks Develop Frameworks for Cryptocurrency ETPsXRP ETF Anticipated Amid Favorable U.S. Crypto RegulationsThailand Launches Cryptocurrency Payment Pilot in PhuketOn-Chain Lending Market Reaches Record HighsFederal Reserve Faces Concerns Over Labor Supply and Wage GrowthNations May Increase Bitcoin Holdings Amid Economic Challenges, Says AnalystMarket movers:ETH: $3366.18 (-8.19%)XRP: $2.3233 (-5.11%)BNB: $702.62 (-3.63%)SOL: $197.57 (-8.49%)DOGE: $0.35036 (-11.24%)ADA: $0.9961 (-12.72%)TRX: $0.2501 (-7.34%)AVAX: $38.65 (-11.62%)SUI: $4.6198 (-9.50%)TON: $5.271 (-8.09%)

According to PANews, Nvidia CEO Jensen Huang announced during his CES speech that the performance of the company's AI chips is advancing faster than Moore's Law. He highlighted that Nvidia's latest data center superchip, the GB200 NVL72, is 30-40 times faster in AI inference tasks compared to the previous generation H100, with overall chip performance increasing 1000-fold over the past decade. Huang emphasized that Nvidia's ability to surpass Moore's Law is due to synchronized innovations across architecture, chips, systems, libraries, and algorithms. He also predicted that as chip performance continues to improve, the costs associated with high-computation AI inference models, such as OpenAI's o3 model, will gradually decrease.

According to CoinDesk, the prospect of an XRP exchange-traded fund (ETF) is gaining traction as U.S. crypto regulations become more favorable for local businesses. Ripple President Monica Long expressed optimism in a recent Bloomberg interview, suggesting that an XRP ETF could soon follow the approval of bitcoin and ether ETFs. Long anticipates that the regulatory environment will accelerate the approval process for these filings, particularly with the recent change in administration. Ripple is also expanding its offerings with the RLUSD stablecoin, which is expected to be available on more exchanges imminently. This stablecoin, launched on Ethereum and the XRP Ledger in December, currently holds a market capitalization of $72 million. Ripple has integrated Chainlink's services to enhance its utility across decentralized finance (DeFi) protocols, further solidifying its role in the payments and money transfer sectors. In October, Bitwise Asset Management filed an S-1 with the U.S. Securities and Exchange Commission for an XRP ETF. Other firms, including Canary Capital, WisdomTree, and 21Shares, have also submitted filings for XRP ETFs, though decisions are still pending. The anticipation of a crypto-friendly Trump administration has fueled speculative optimism among traders, particularly for tokens linked to U.S.-based companies like Ripple Labs and Uniswap. Ripple has reported a surge in U.S. business deals, signing more agreements in the last six weeks of 2024 than in the previous six months. This uptick reflects a positive shift in the business environment following the election. XRP prices have surged over 300% since Trump's victory, outperforming other major cryptocurrencies, driven largely by the U.S. narrative.

According to PANews, Whale Alert has reported that at 16:54 UTC+8, a total of 50 million USDC tokens, valued at approximately $50.01 million, were destroyed in the USDC Treasury.

According to Odaily, BNB Chain has revealed six notable AI projects on its platform. The projects include MyShell, NFP, ChainGPT, Gata, Alaya, and MEET 48. This announcement highlights the growing integration of artificial intelligence within the blockchain ecosystem.