Note: This tweet is published by AI, mainly a script for cryptocurrency news. Every 8 hours, based on more than 30 TG channels I often watch, the content is summarized and posted, generally including important news, market analysis, project dynamics, and other four sections, open for everyone to read:
━━ Important News ━━
1. Progress on the U.S. cryptocurrency 'Market Structure Bill': Republican members of the Senate Agriculture Committee have released a discussion draft (Digital Commodity Exchange Act).
The core of the discussion draft proposes to grant the CFTC exclusive regulatory authority over the spot cryptocurrency market (including trading platforms, traders, and brokers); the committee plans to hold a hearing on bill revisions on January 27, during which bipartisan members may propose amendments. Additionally, according to Congressman French Hill, the (CLARITY Act) is crucial before stablecoin legislation can take effect.
2. The SEC will withdraw its lawsuit against Gemini Earn 'with prejudice.'
After investors fully recovered their funds, the SEC ends this three-year legal battle, meaning the case will not be reintroduced based on the current facts.
3. The United States has issued a strong tariff threat against Canada: it may impose a 100% tariff on Canadian goods.
CNN reports that Trump stated if Canada reaches a trade agreement with China, the U.S. will impose a 100% tariff on Canadian goods; the related strong statements have also raised market concerns.
4. Polymarket predicts a surge in the probability of a government shutdown in the United States.
According to Polymarket data, as of January 31, the probability of 'government shutdown reoccurring' has risen to 75%.
5. The Ethereum Foundation has formed a 'Post-Quantum' team and set up a research prize of $1 million.
Reports indicate that this initiative aims to address potential security threats from quantum computing and promote the transition from research to execution.
6. The NFT platform Nifty Gateway will close on February 26.
This platform is a business under Gemini, which facilitated over $300 million in transactions during the NFT art boom but has decided to shut down despite shifting to on-chain creative projects.
7. Ukraine has banned Polymarket and has 'no legal path for return.'
CoinDesk reports that Polymarket and similar platforms are viewed by Ukraine as unlicensed operators, hence access has been blocked.
8. Oklahoma has submitted a bill proposing to allow Bitcoin payments.
According to reports, the bill submitted by state legislators proposes to allow state government employees, businesses, and individuals to accept Bitcoin payments.
━━ Market Analysis ━━
1. Cryptocurrency ETF funding is weakening: the spot Bitcoin ETF has recorded its worst weekly performance since February 2025.
The Block states that the spot Bitcoin ETF saw a net outflow of $1.33 billion in one week; CoinGape mentioned a $103 million outflow for the BTC ETF; Cointelegraph reported that the ETH ETF experienced a net outflow of over $600 million this week, with only the SOL ETF among the top three recording a net inflow.
2. Spacecoin launches the SPACE token: released after collaborating with a 'DeFi project associated with the Trump family' for several days.
The project's goal is to create a decentralized satellite internet network, with its first satellites CTC-0 and CTC-1 reportedly demonstrating blockchain-based communication from space.
━━ Others ━━
1. The number of bankruptcies among large U.S. companies has reached a 15-year high.
The Kobeissi Letter states that the number of bankruptcies among large U.S. companies increased by 9% year-on-year to 749 (as of December 14), marking the fourth consecutive year of growth; since the low point of 372 in 2022, it has cumulatively risen by 101%, and mentions the backdrop of 'persistently high interest rates.'