GateNewsBot

January 28 News, the US dollar has recently continued to weaken, and this change is not entirely driven by market self-activation. Over the past year, the Federal Reserve has repeatedly adjusted monetary policy, releasing liquidity into the market through rate cuts and asset operations, which has continuously suppressed the US dollar index. As the dollar index fell to multi-month lows, the attractiveness of traditional bonds declined, and the logic of capital allocation also changed accordingly.
Historical experience shows that a weakening dollar often benefits risk assets. Previously, during the spring and summer of 2025, while the dollar index significantly retreated, Bitcoin once surged sharply, reaching a phased high. However, after entering the current cycle, the market has shown a different trend of divergence.

Gate DEX BountyDrop launches the CarbonEx Airdrop event, where users can participate in tasks and have a chance to share 1,000,000 COX. Additionally, the Gate Wallet introduces the “Gas Station” feature, allowing new users to receive Gas subsidies, while existing users enjoy recharge cashback and invitation commissions, aiming to enhance the decentralized trading experience.

January 28 News, at the beginning of 2026, the cryptocurrency market sentiment remains subdued, with some altcoins under particular pressure. VanEck's launched US spot Avalanche (AVAX) ETF had a lackluster first day, recording no net fund inflow, with a total trading volume of only about $330,000 throughout the day, sparking discussions about the actual demand for altcoin ETFs.
In contrast, the debut of other similar products formed a stark contrast. Bitwise's Solana-related ETF, launched at the end of October last year, still attracted approximately $69 million in fund inflows despite market volatility, with a trading volume close to $58 million. In mid-November, Canary Capital's first XRP spot ETF attracted about $245 million on its first day, and Grayscale's LINK ETF also received around $41 million in funding. By comparison, the "zero inflow" of the AVAX ETF appears particularly glaring.

January 28 News, Ethereum prices have recently shown signs of stabilization and rebound. The US spot Ethereum ETF recorded approximately $117 million in net inflows in a single day, ending several days of continuous outflows. Public data shows that Fidelity had inflows of about $137 million on that day, becoming the main driving force, while BlackRock experienced a slight net outflow, indicating that institutional funds are not acting uniformly but showing a clear differentiation in allocation.
This change in capital flow occurs against the backdrop of cautious market sentiment, prompting traders to reassess institutional intentions. Some opinions believe this is more like a phased adjustment of positions rather than a large-scale rebound in risk appetite. Historical experience also suggests that ETF fund inflows do not necessarily correspond to a rapid short-term price surge.

On January 28, it was reported that the institution focused on Ethereum asset management, BitMine, recently disclosed that it has pledged nearly $7 billion worth of Ethereum assets. This scale quickly sparked heated discussions in the crypto market. BitMine is chaired by Tom Lee, co-founder of Fundstrat. In the current environment, few institutions choose to participate in Ethereum staking in such a direct and asset-heavy manner, so this move is seen as a highly representative institutional signal.
Data shows that in its most recent operation, BitMine added a stake of 113,280 ETH, worth approximately $341 million in a single transaction, bringing its total Ethereum holdings to about 2.33 million ETH. At current prices, this scale approaches $7 billion. This magnitude not only places it among the world's largest Ethereum holders but also clearly indicates its investment logic leans toward long-term allocation rather than phased trading.

ChainCatcher reports that, according to Arkham data, at 17:14, 117.28 BTC (worth approximately $10.42 million) was transferred from one anonymous address (starting with bc1q0jea...) to another anonymous address (starting with bc1qjkc...).

On January 28, news reports indicate that as the overall crypto market recovers, Hyperliquid (HYPE) unexpectedly becomes one of the top performers among the top 100 cryptocurrencies by market capitalization. Data shows that HYPE has gained over 20% in the past 24 hours, with its price soaring to $34 at one point, reaching a new high since early December last year. It is currently hovering above $33, with trading volume also increasing, and daily trading volume surpassing $800 million.
Notably, this round of price increase is not solely driven by sentiment in the crypto sector. An asset that appears to be "outside the circle" — silver — is becoming an important catalyst. On-chain data indicates that silver-related trading activity within the platform has significantly heated up in a short period, becoming a key factor in driving protocol activity and revenue growth.

Foresight News reports that, according to Onchain Lens monitoring, BitMine has staked an additional 62,304 ETH, worth approximately $186.4 million. The company currently has a total of 2,328,288 ETH staked, with a total value of about $6.96 billion.

On January 28, news, Bitcoin (BTC) experienced a technical rebound after reaching a cyclical low on January 25. As of press time, the price has risen approximately 3.74%, trading around $89,300. Previously, U.S. President Trump stated after a meeting with NATO Secretary General Mark Rutte that no new tariffs would be imposed in the short term. This statement somewhat alleviated macro-level uncertainty and provided a breather for risk assets.
However, the market structure has not shown substantial improvement. Data indicates that the funds held by whale addresses continue to increase, while small and medium-sized holders are gradually exiting the market, with a clear trend of capital differentiation. Although geopolitical tensions have eased somewhat, Bitcoin's ability to stay above $90,000 still heavily depends on sustained and strong spot capital inflows. The upcoming Federal Reserve FOMC meeting may also further amplify price volatility.

On January 28, news, privacy-focused cryptocurrency Zcash (ZEC) performed outstandingly in today's market, with a price increase of over 10% within 24 hours, once again approaching $384, making it one of the leading mainstream tokens in terms of daily gains. However, multiple on-chain and derivatives data indicate that this round of rally is more driven by speculative funds, and its sustainability remains uncertain.
From the derivatives market perspective, ZEC's perpetual contracts have become the main driving force. Data shows that open interest (OI) and funding rates are rising in tandem, reflecting a surge of new capital entering the market. Currently, approximately $71.26 million has flowed into the perpetual contract market, with the funding rate maintained around 0.0061% in positive territory, indicating that long traders are paying a premium to hold their positions. This structure typically suggests a short-term bullish market sentiment but also comes with volatility risks associated with leveraged positions.

January 28 News, the cryptocurrency market at the beginning of 2026 is undergoing subtle changes. Price fluctuations are no longer the sole focus, as more and more funds are flowing into "safe yield" related products. Data shows that the locked assets in on-chain safe yield vaults have exceeded $6 billion, making it one of the fastest-growing segments currently. Bitwise predicts that as the demand for stablecoin yields continues to expand, this scale is expected to double by the end of 2026.
Against the backdrop of the overall performance of crypto assets lagging behind traditional markets, predictable and transparent on-chain yield schemes are attracting conservative investors. These vaults typically operate automatically through smart contracts, deploying user assets into lending or strategy portfolios, with the entire process on-chain, eliminating the need for centralized custody, reducing operational friction and information asymmetry.

ChainCatcher News reports that U.S. stock chip stocks generally rose before the market opened, with Nvidia up 1.7%, AMD up 1.4%, Intel up 4.6%, Microchip Technology up 1.9%, Micron Technology up 4.4%, and Broadcom up 1.5%.

The trading competition on the Solana-based perpetual contract trading platform Pacifica is in its final three days. The top 100 traders will share 500,000 points. Traders at the top of the leaderboard have already allocated precious metal positions and achieved profits. Users can follow their trades to earn returns and accumulate points.

On January 28, news reports indicate that the Meme coin issuance platform Pump.fun (PUMP) in the Solana ecosystem delivered impressive data results in January, with related indicators rebounding simultaneously, reigniting market attention to the Solana Meme coin sector. Several analysts pointed out that this rebound is not a single-point rally but the result of simultaneous improvement in capital and user activity.
On-chain data shows that Pump.fun set multiple milestone records in January. Dune statistics indicate that the platform's daily new token additions once approached 39,000, reaching a high since April 2025. Meanwhile, on January 27, the platform's daily active addresses rose to about 300,000, the highest since early last year, with more than half being newly created wallet addresses, indicating that a large number of new users are entering the Solana Meme coin ecosystem.

BlockBeats News, January 28 - Japan-listed company ANAP Holdings (3139.T) increased its holdings by 70.44 Bitcoins. Currently, the company holds a total of 1417.03 BTC, ranking 45th in Bitcoin holdings.

QCP analysis indicates that Bitcoin has rebounded above the key level of 88,000, with the market facing multiple macro events such as the Federal Reserve FOMC interest rate decision. Fiscal risk depends on whether Washington can resolve the funding issue; success could reduce risk premiums, while failure may lead to market volatility. Overall volatility remains controlled, with the baseline scenario expecting fluctuations.

January 28 News, Solana (SOL) has recently experienced significant changes in the derivatives market. After weeks of cautious observation, traders are beginning to increase their bullish positions, with more funds betting on SOL's price rising rather than continuing to decline. Data shows that the number of long positions has significantly exceeded short positions, indicating a subtle shift in market sentiment.
Currently, SOL's price fluctuates around $127, with a market capitalization of approximately $72 billion. The price continues to hover within a short-term resistance zone. Although a clear breakout has not yet formed, buying interest is gradually recovering. Unlike direct spot purchases, many traders are choosing to position for an upward move through derivatives contracts linked to SOL, which is often seen as a sign of improving short- to medium-term sentiment.

January 28 News, U.S. Senator Cynthia Lummis recently confirmed that significant changes are occurring in U.S. cryptocurrency policy. She revealed that there is currently a president who explicitly supports cryptocurrencies and has shown a willingness to sign the @CLARITY@ bill. This statement quickly attracted attention in the market and policy circles, being seen as a key signal that years of regulatory uncertainty may be coming to an end.
Cynthia Lummis has long been regarded as a staunch supporter of digital assets in the U.S. Congress, with clear positions on Bitcoin, blockchain technology, and a clear regulatory framework. Her remarks are highly valued due to her ongoing influence in the legislative arena. Since 2022, the U.S. crypto industry has faced stricter enforcement pressures, with many innovative projects restricted and capital outflows gradually becoming apparent. The current policy context seems to be undergoing subtle changes.

ChainCatcher news reports that the US dollar index DXY has increased by 0.5% intraday to 96.24. The USD/CHF has risen by 1% intraday to 0.7691.

ChainCatcher message, according to Arkham data, at 16:47, 309.39 BTC (worth approximately $26.65 million) was transferred from an anonymous address (starting with 3G5szn2s...) to another anonymous address (starting with 3DQPTHay...). Subsequently, this address transferred some BTC (10 coins) to another anonymous address (starting with 3HNRsjp...).