Month: January 2026
Key Point
Details
Total Buyback Value
Exceeds 38.7 million USD
Total JST Destroyed
1,084,890,753 JST
Percentage of Total Supply Reduction
10.96%
First Phase Buyback Value
17.73 million USD
Second Phase Buyback Value
Approximately 21 million USD
Future Strategy
Transparent and sustainable deflationary economic strategy
Goal
Solidifying the long-term value of JST token model
Summary
JustLend buyback has successfully achieved a significant reduction in the total supply of the JST token through an effective buyback and destruction mechanism.With over 38.7 million USD worth of JST destroyed, the initiative not only reduces the circulating supply but also reinforces the commitment to a sustainable economic model.
Key Points
Bitcoin institutional demand remains strong with $53 billion accumulated by large wallets in 12 months.Institutional investors, especially wallets holding 100-1,000 BTC, continue to show inflows.
Key Points
Details
HKSFPA Comments
Opposes tightening measures of the proposed regulatory framework for digital asset management.De Minimis Arrangement
Opposition to the elimination of the existing de minimis arrangement allowing Type 9 license holders to allocate 10% without needing a full license.
Key Point
Details
Withdrawal Amount
6,000 ETH
Exchange
Bybit
Value of Withdrawal
19.03 million dollars
New Wallet Address
0x919c…9B03
Subsequent Action
Deposited into Aave
Summary
To withdraw ETH from Bybit is a straightforward process, as highlighted by a recent transaction involving a newly created wallet that withdrew 6,000 ETH, valued at 19.03 million dollars, and subsequently deposited these funds into Aave.This transaction emphasizes the seamless and efficient capabilities of the Bybit platform.
Key Points
Details
Essence of Bags Model
Shifts risk to the market, focusing on community growth alongside AI projects.Issues Faced
Over-reliance on news and the author’s unstable personality.
Key Points
Details
Current BTC Price
90,990 USDT
24-hour Price Change
-1.59%
Market Source
OKX
Report Date
2026-01-20 06:17
Summary
The recent BTC price decline has seen Bitcoin drop below the 91,000 USDT mark, currently sitting at 90,990 USDT.This 24-hour decrease of 1.59% highlights the volatile nature of cryptocurrency markets and the importance of market data from platforms like OKX.
Key Point
Details
Announcement Date
January 20, 2026
Open Source Confirmation
The latest version of the X algorithm is now officially open source, allowing transparency in its optimization process.Algorithm Architecture
Utilizes the same Transformer architecture as the Grok model under xAI.
Key Point
Details
Phasing Out vePENDLE
Pendle will transition from vePENDLE to sPENDLE in a phased manner, starting this month.Introduction of sPENDLE
sPENDLE is a new liquid staking token intended to replace vePENDLE, enhancing flexibility and adoption.
Key Point
Details
Mainnet Launch Date
January 22
Stress Test Start Date
January 22 (same as mainnet launch)
Transaction Volume
Approximately 11 billion transactions planned within 7 days
Expected Throughput
15,000 to 35,000 TPS during the test
DeFi Applications Introduction
Several applications based on USDM will be launched on the first day
Summary
The MegaETH mainnet is set to launch on January 22, marking a significant milestone in the Ethereum Layer 2 ecosystem.With an ambitious plan to execute a global stress test that aims for around 11 billion transactions, this launch is a pivotal moment for the scalability and functionality of blockchain technology.
Date
Fear and Greed Index Value
Market Sentiment Category
Key Indicators
2026-01-20
32
Fear
Volatility (25%), Market Trading Volume (25%), Social Media Sentiment (15%), Market Surveys (15%), Bitcoin’s Market Proportion (10%), Google Trends (10%)
Previous Week
61
Neutral
N/A
A Week Ago
26
Fear
N/A
A Month Ago
20
Extreme Fear
N/A
Summary
The Cryptocurrency Fear and Greed Index has been experiencing significant fluctuations, recently declining to 32, which keeps it in the fear zone.This index reflects investors’ sentiments in the cryptocurrency market, which is largely influenced by factors such as market volatility, trading volume, social media sentiment, and surveys.