January 4 Hotspots;

1. MicroStrategy plans to issue up to $2 billion in preferred stock to increase its Bitcoin holdings

2. Coinbase obtains FDIC documents revealing 'Operation Chokepoint 2.0' limiting crypto activities

3. Mike Johnson re-elected as Speaker of the House, pro-crypto lawmakers may push legislative progress

4. Ethena expands further into traditional finance by supporting Telegram payments and the iUSDe token

5. Hyperliquid records a trading volume of $268.9 billion over three months, with staking accounting for 38.01%