According to Odaily Planet Daily, Galaxy Research Director Alex Thorn analyzed the upcoming Senate Banking Committee vote on the Crypto Market Structure Bill on January 15th. He stated that the current Senate vote is 53 to 47, but a bill typically requires 60 votes to pass. This means Republicans still need 7-10 Democratic senators to support the bill. Thorn added that the Crypto Market Structure Bill is significant, addressing issues such as the classification of DeFi under anti-money laundering rules, the handling of stablecoin reserve yields, protection of non-custodial developers, and the SEC's power to authorize or restrict token issuance. If passed, it would be a major bullish catalyst for cryptocurrency adoption. If it fails to pass, while the overall impact on the crypto industry's fundamentals would be relatively small, it could lead to negative market sentiment.

Odaily Planet Daily reports that Vitalik Buterin analyzed the difference between a "corposlop web" (corporate spam web) and a "sovereign web" in a social media post. He defined "corposlop" as a combination of corporate optimization capabilities, a seemingly respectable brand image, and dishonest behavior in pursuit of profit maximization. Buterin described "corposlop" as a soulless, trend-following, and both evil and clumsy homogenization. He pointed out that the meaning of "sovereignty" has expanded to include protecting digital privacy through encryption and protecting one's own mind from the psyche wars waged by corporations aimed at extracting user attention and money. Buterin called on developers to build more sovereign tools, such as: 1. Privacy-preserving, native-first applications. 2. Social media platforms where users can control what they see. 3. Financial tools that help users grow wealth rather than encouraging 50x leverage or sports betting. 4. Open, privacy-focused, and native-friendly AI tools. 5. Applications, companies, and DAOs with a clear vision. Vitalik concluded that sovereignty should be maintained, corroslop should be rejected, and there should be belief in something. He summarized it as: "Maintain sovereignty, reject corroslop, and believe in something."

According to an official announcement, Gate.com has launched live trading of its "Laozi" perpetual contracts (USDT settlement), supporting leverage from 1x to 20x. Gate.com will also launch Gate.com Perp DEX simultaneously. Gate.com has added unified account lending and isolated margin trading pairs for "Laozi," and has also launched "Laozi" savings account management, flexible collateralized lending, and fixed-term collateralized lending features. "Laozi" instant exchange, trading bots, copy trading, and dollar-cost averaging are also available.

Huoxun Finance News, January 10th - According to the Hong Kong Commercial Daily, Hong Kong Financial Secretary Paul Chan Mo-po stated during a program appearance that cryptocurrencies are part of financial innovation and Hong Kong should embrace them. However, the confidentiality of blockchain technology may lead to insufficient investor protection, impact anti-money laundering efforts, and threats to financial stability. He emphasized that the government must handle this cautiously, incorporating it into an appropriate regulatory framework, and expressed reservations about promoting investment across the board, believing that public education should be strengthened. Furthermore, in response to an audience suggestion to launch a stablecoin pegged to gold, Chan responded that stablecoins will be developed gradually, and after completing the first step, suggestions to peg to gold or other assets will be considered, emphasizing the need for careful handling.

According to Lookonchain monitoring, a whale that had been dormant for a year withdrew 80,000 SOL tokens from Binance five hours ago, worth $10.87 million.