Blockchain_Bulletin

🚨 OpenAI explores a bot-free social network
The OpenAI team is working on a real-humans-only platform, considering Face ID or Worldcoin’s iris scan for proof of personhood.
$WLD jumped `15% after the report.
No launch timeline yet; privacy concerns remain.
Big idea, big privacy questions. No launch timeline yet.

USD1 is surging

Over the past week, World Liberty Financial’s #USD1 supply grew 55% (+$1.714B), cementing its position as the 5th-largest stablecoin.

Growth is broad-based across chains:
• #solana : +244% (7D) → $554.0M
• #Ethereum : +101% (7D) → $2.395B
• #BSC : +10.5% (7D) → $2.064B
• #Aptos: +16.5% (7D) → $21.8M
• #Monad: +19% (7D) → $1.33M

Takeaway: $USD1 expansion isn’t chain-specific; it’s scaling wherever liquidity and incentives align.

🚨 Trump-linked stablecoin USD1 hits a major milestone

$USD1 has crossed $5B+ in market cap, becoming the 5th-largest stablecoin globally, behind only $USDT , $USDC and a few incumbents.
Trump Jr. shared the milestone on X, with Eric Trump also celebrating.
Designed to maintain a 1:1 USD peg, USD1 has now surpassed PYUSD and RLUSD, reaching this scale in under a year since launch.
Fastest climb among new-age stablecoins.

ETF Net Flows Jan 28, 2026

$BTC ETFs: –$5M
$ETH ETFs: +$0.8M

Bitcoin saw minor outflows, while Ethereum held a small but positive inflow, signalling selective positioning rather than broad risk-off sentiment. #etf

ETF Flows (Jan 27)

#etf net outflows hit -$49.2M
• BTC ETFs: -$45M
• ETH ETFs: -$5M

This comes a day after Jan 26’s $128.1M net inflows, led by Fidelity’s FETH (+$137.2M), which snapped a 4-day outflow streak.
Flows remain choppy, not directional.

Bitcoin is no longer being “tested” by U.S. banks- it’s being integrated

According to River, 15 of the top 25 U.S. banks by assets now offer or are building #bitcoin products. PNC is rolling out custody + trading for HNW/institutional clients, while Goldman Sachs, Morgan Stanley, Citi, and Wells Fargo provide institutional trading; JPM has announced plans.

Behind the scenes, custody, execution, compliance workflows, and ETF-linked exposure are becoming standard infrastructure. Spot ETFs lowered regulatory and balance-sheet friction, but access remains gated, signalling controlled, institutional-first adoption.

Bitcoin is moving from an alternative asset to financial system middleware. $BTC

BitMine Holdings Update 🟣
#Bitmine ( $BMNR) now holds $12.8B in total crypto and investments, led by ~4.24M $ETH and $BTC, alongside cash and strategic equity stakes.

The firm controls ~3.5% of ETH’s circulating supply, cementing its lead as the largest ETH treasury holder.

ETH accumulation at the institutional scale is accelerating.

Read more: https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-243-million-tokens-and-total-crypto-and-total-cash-holdings-of-12-8-billion-302669744.html?tc=eml_cleartime

ETF Flows Update 📊

#etf sentiment flipped on Jan 26 with $128.1M in net inflows, snapping a 4-day outflow streak.

• Ethereum ETFs led the rebound- Fidelity’s FETH pulled in $137.2M

• Bitcoin ETFs stayed under pressure at -$9.1M, marking 1 week of net outflows

Capital rotation is clear, with ETH products attracting fresh demand while BTC flows remain cautious.

Strategy Continues to Accumulate Bitcoin

#strategy purchased an additional 2,932 BTC for ~$264.1M, paying an average of ~$90,061 per bitcoin.

As of Jan 25, 2026, the firm now holds 712,647 BTC, purchased for a total of ~$54.19B at an average cost basis of ~$76,037 per $BTC .

This move further cements Strategy’s approach: Bitcoin as a core treasury asset, not a short-term trade.

Key Crypto Events & Token Unlocks | 26 Jan – 1 Feb 2026

🔓Token Unlocks
• Bitget Token ( $BGB)- 26 Jan: 140M tokens unlocked (~10.5% of released supply)
• Sign ( $SIGN)- 28 Jan: 290M tokens unlocked (~17.68%)
• Jupiter ( $JUP)- 28 Jan: 53.47M tokens unlocked (~1.7%)
• Kamino ( $KMNO)- 30 Jan: 229.17M tokens unlocked (~3.55%)
• Optimism ( $OP ) - 31 Jan: ~1.62% of released supply unlocked
• Sui ( $SUI ) - 1 Feb: 43.53M tokens unlocked (~1.15%)
• EigenCloud ( $EIGEN ) - 1 Feb: 36.82M tokens unlocked (~8.88%)

📌Key Events
• Solv Protocol ( SOLV)- 26 Jan: Secures EU MiCA license (Netherlands), enabling compliant BTC reserve and financial services across EU markets
• Story ( IP)- Ongoing $100M buyback program (with ~$82M executed on open markets through Feb 1)

Large unlocks (BGB, SIGN, EIGEN) can add short-term supply pressure. Keep an eye on volume and post-unlock price action. #TokenUnlock #cryptoevents

RIVER Rips Higher on Squeeze + Alt Rotation
$RIVER spiked to $88.1 and is now trading near $86, up ~38% in 24h, extending a +197% weekly move and an explosive +2,100% gain over the past month, sharply outperforming a flat broader market.

What’s driving it:
• Short squeeze: Crowded short positions in derivatives were liquidated as the price climbed, accelerating upside
• Capital rotation: Traders rotated out of BTC/ETH into high-beta small caps
• HTX Earn launch: New RIVER Flexible Earn product added yield-driven demand and locked up supply

This is a leverage-fueled rally, which is bullish short-term but highly volatile.

Key watch: Can RIVER hold above the major liquidation zone near $60, and will spot demand step in to sustain the move?

Stablecoins Are Turning Into a Major Revenue Engine for Ethereum
#stablecoin issuers generated nearly $5B in revenue on Ethereum last year, per Token Terminal.
Most of this came from yields on collateral assets like short-term Treasuries, not fees, highlighting how capital efficiency, not speculation, is driving growth.

• Quarterly issuer revenue rose sharply from ~$500M in Q1 to over $1.4B in Q4
• #Ethereum stablecoin supply grew by ~$50B YoY to ~$180B, reinforcing its role as the primary settlement layer

At the market level, stablecoins are now operating at a massive scale. The total stablecoin market peaked above $310B, led by $USDT ($187B) and $USDC ($72B). Usage is accelerating alongside supply, with on-chain transaction volume up 72% to ~$33T, signalling adoption beyond just trading pairs.

Layer-2s are playing a critical role in this expansion.

• Base reached a new ATH of ~$5.2B in stablecoin supply, showing how payments and DeFi activity are migrating to cheaper rails while staying anchored to Ethereum

On the credit side, Ethereum remains unmatched. It leads on-chain lending with ~$28B in active loans, roughly 10× that of any other network, making stablecoins the backbone of on-chain credit markets.

• Yield-bearing stablecoins like $sUSDS are growing rapidly as users seek “cash-like” assets that earn
• Key challenges remain around regulation and privacy, especially as stablecoins move closer to everyday payment use

Key Takeaway: Stablecoins are no longer just liquidity tools. They’re becoming one of Ethereum’s strongest and most consistent revenue drivers.

$H (Humanity) unlock watch 👀
Ahead of the 105.36M $H unlock (~4.57%) on Jan 25, the token is seeing strong momentum.

• Price is up ~12% in the last 24h
• Trading volume is up ~60%

This suggests heightened interest and buy-side activity ahead of the unlock. Momentum looks strong for now, but unlocks often bring short-term volatility as new supply enters circulation.

Key watch: Can demand absorb the new supply post-unlock?

#cryptoevents & Token Unlocks | Jan 19–25, 2026

• PancakeSwap ($CAKE ): Vote to cut max supply from 450M → 400M (~11% reduction).
• Cardano ($ADA ): Draper Dragon Fund AMA (Session 2) Jan 19, 4 PM UTC.
• Avalanche ($AVAX ): Major announcement teased during AVAX Talk, Jan 20, 10 PM UTC.
• Injective ($INJ): IIP-617 vote ends; proposal aims to double INJ deflation, Jan 20.

#tokenunlocks

• LayerZero ($ZRO): Jan 20 unlock. Sources differ: ~25.7M–32.6M ZRO (≈3.2%–6.3% of released supply).
• Kaito ($KAITO): 8.35M unlock (~2.8%) Jan 20.
• Plume ($PLUME): 1.37B unlock (~39.75%) Jan 21.
• Astar ($ASTR): Runtime 2000 upgrade (Jan 14–21).
• MultiBank ($MBG): 24.73M unlock (~12.13%) Jan 22.
• Undeads Games ($UDS): 2.15M unlock (~1.43%) Jan 22.
• Newton Protocol ($NEWT): 6.25M unlock (~1.82%) Jan 24.
• Plasma ($XPL): 88.89M unlock (~4.33%) Jan 25.
• Humanity ($H): 105.36M unlock (~4.57%) Jan 25.

Binance Foundation Completes 33rd Quarterly Burn of $BNB


Key Data & Insights
- The burn removed 1,441,281 BNB from circulation, valued at approximately US$1.208 billion at the time of the burn.
- After the burn, the remaining total supply of BNB stands at 137,738,379 BNB, moving toward the long-term target of 100 million BNB.
- In addition to the scheduled quarterly burn, a real-time burn mechanism treats $BNB as the network’s native token and burns fees collected per block
- Since the introduction of the BEP95 standard, around 276,000 BNB have been burned via this real-time mechanism.

Supply crunch coming and $BNB ATH?
YES SIR!

#BNBATH

More Zcash Exposure? Yes Sir.

- Grayscale Investments has listed the Grayscale Zcash Trust under ticker $ZCSH, enabling U.S. investors to gain exposure to $ZEC via brokerage accounts — without directly buying or storing ZEC.
- The trust is positioned as the only publicly listed U.S. vehicle offering sole exposure to ZEC.
- Each share of ZCSH is designed to track the ZEC market price less fees and expenses; the fund warns shares may trade at significant premiums or discounts relative to the underlying asset value.

Why Does It Matter?
- The listing lowers the entry barrier for investors seeking ZEC exposure via traditional financial infrastructure rather than self-custody.
- Given Zcash’s privacy focus, this product signals growing institutional interest in “privacy-coin” assets.
#altseason with #privacy coins? Yes. $ROSE $FIRO

🚀 Canary Capital files Form 8-A for $LTC & $HBAR spot ETFs, expanding altcoin ETF race beyond BTC/ETH.

📈 $HBAR is up 9% in 24h on rising optimism.

Institutional access to broader crypto assets could be closer than expected, though SEC approval is still pending.

Amazon to fire 30,000 employees today. AWS goes down for the second time. What's happening?

#CPIWatch