Here are some of the latest news in the crypto world, one word: refreshing:

- Market situation: From January 7 to 9, Bitcoin prices experienced severe fluctuations, reaching a peak of $105,762 on January 7, dropping below $97,000 on January 8, and plunging below $92,000 on January 9, hitting a low of $91,055. By the morning of January 10, it was reported at $92,995, down 2.09% in 24 hours, which also led to declines in major cryptocurrencies like Ethereum and Dogecoin. Nearly 137,900 investors faced liquidation due to price volatility, with a total liquidation amount reaching $398 million.

- Projects and platforms: The on-chain options protocol Moby appears to have suffered a private key leak; Magic Eden has launched Trump Bitcoin digital trading cards; Bitget exchange will merge its two major tokens, BWB and BGB, into BGB.

- Institutions and capital: MicroStrategy has announced plans to raise up to $2 billion through a public offering of perpetual preferred stock to acquire more Bitcoin; Morgan Stanley's E-TRADE is considering adding cryptocurrency trading to its stock and options products.

- Regulatory policies: The EU will ban USDT starting December 30, 2024; Turkey is preparing to strengthen its anti-money laundering framework for cryptocurrency trading, requiring user identity verification for transactions exceeding 15,000 Turkish lira (approximately $425), with new regulations taking effect on February 25, 2025.