Gate Insights and Crypto Market Analysis

聯準會 1 月 27-28 日開會，CME 顯示維持利率機率 95.6%。11 月 PCE 通膨 2.8% 遠高於 2% 目標，暫停降息成定局。比特幣震盪 8.8-9 萬美元，週跌 7.3%，年內漲幅歸零，與黃金創新高對比。川普威脅對加拿大徵 100% 關稅。AI 股拋售，META 跌 12.4%、英偉達跌 9.5%。

Tether, the issuer of USDT, has solidified its position as the undisputed financial powerhouse of the cryptocurrency industry, posting a staggering \$5.2 billion in revenue for 2025. This figure, accounting for 41.9% of all stablecoin revenue, dwarfs its competitors and underscores the transformation of dollar-pegged digital currencies into crypto's most reliable profit engine. While trading platforms saw volatile earnings tied to meme coin frenzies, Tether's revenue remained robust, bac

幣安創辦人 CZ 達沃斯預言 2026 比特幣進入超級週期，可能打破四年規律。坦承曾交易虧損，現僅持有 BTC 和 BNB 採買入持有策略。美國強力支持加密且各國跟進，當前機構化與政策環境可能改變市場結構。

The 2026 World Economic Forum in Davos marked a pivotal inflection point for cryptocurrency, framing it not as a speculative asset but as a core instrument of national strategy and geopolitical competition. In a defining speech, U.S. President Donald Trump pledged to maintain America’s position as the “crypto capital of the world,” explicitly linking digital asset dominance to outcompeting rivals like China. Meanwhile, Elon Musk’s broader vision of an AI-driven future subtly repositioned

YZi Labs的管理合伙人Ella Zhang确认将出席2026年全球Web3开发者大会。她是知名风险投资人，曾在腾讯、谷歌等公司任职，并与赵长鹏共同创立Binance Labs。大会时间为2月8日至9日，地点在香港数码港。

82 年次網友 mr_ntmy 自 2024 年 6 月執行「交女友前每天買台積電」，577 天持有 913 股獲利 40.4 萬（報酬 42.31%）。第 458 天破百萬，每月加碼 10 股。台南畜牧業主，Threads 連載全程，笑稱與台積電形成長期關係。

區塊鏈資安公司 CertiK 正評估 IPO，創辦人顧榮輝在達沃斯稱此為追求方向。2022 年估值達 20 億美元，幣安為最大金主。消息曝光引爆反彈，Pumpcade 創辦人稱「寧給金正恩也不合作」，盤點指控含 Kraken 300 萬事件、資金入 Tornado Cash、搶交漏洞報告及低評分施壓。

Russia has declared the Ukrainian-founded cryptocurrency exchange WhiteBIT and its parent W Group as “undesirable organizations,” effectively banning their operations within its borders. The dramatic move, led by the Prosecutor General’s Office, accuses the platform of facilitating over \$11 million in transfers to Ukraine since 2022, including nearly \$900,000 earmarked for drone purchases for the Ukrainian military. This crackdown unfolds in parallel with Russia’s accelerated push to f

撰文：Justin Thaler，a16z crypto 研究合作伙伴及乔治城大学计算机科学副教授 \n编译：Yangz，Techub News\n\n \n\n有关出现密码学相关量子计算机的时间的预测常被夸大，导致人们呼吁紧急、全面地转向后量子密码学。这些呼吁往往忽视了过早迁移的成本与风险，并忽略了不同密码学原语截然不同的风险特征：\n\n

美國極限攀岩家霍諾德（Alex Honnold）於 1 月 25 日挑戰台北 101，Netflix 直播下耗時 91 分鐘攻頂 508 公尺。Polymarket 預測「1 小時 30-45 分」選項 54.8 萬美元精準命中，但塔尖使用繩梯引發爭議。學者稱，此次活動反映台灣「被世界看見」的渴望。

Tezos 週六實施 Tallinn 協議升級，將區塊時間從原本水平縮至 6 秒，這是該協議自 2018 年推出以來第 20 次重大更新且無網路分叉。升級引入 BLS 加密簽名聚合技術，允許所有驗證者對每個區塊驗證，並將地址索引機制提升儲存效率 100 倍。此升級降低延遲加快最終確認速度，為進一步縮短區塊時間打開大門。

Backpack 執行長 Armani Ferrante 稱 Solana 從 NFT、遊戲轉向 DeFi 和支付。儘管價格低迷，華爾街對代幣化、穩定幣和鏈上結算興趣濃厚。Solana 定位中立結算層，強調合規是先決條件。

Japan is methodically paving the way to approve its first cryptocurrency exchange-traded funds (ETFs) by 2028, with financial giants Nomura Holdings and SBI Holdings positioned to lead the inaugural launches on the Tokyo Stock Exchange. This strategic move, reported by Nikkei Asia, signifies Japan’s transition from cautious oversight to structured adoption, aiming to integrate digital assets into its mainstream financial system while prioritizing robust investor protection. The planned 2

Pi Network has launched a transformative upgrade to its ecosystem, enabling no-code, AI-powered application development directly within its mobile browser. This move empowers its vast community of over 50 million users to build and deploy custom apps with integrated Pi Coin payments, significantly lowering the barrier to Web3 creation. The announcement catalyzed a 23% price rebound for Pi Coin from its weekly low, pushing its market cap above \$1.5 billion, even as the asset continues to

Japan is poised to enact a landmark regulatory shift by formally classifying Ripple's XRP as a financial product under its Financial Instruments and Exchange Act (FIEA), potentially as early as the second quarter of 2026. This move would transition XRP from its current status as a "crypto asset" to a regulated financial instrument, providing unprecedented legal clarity for exchanges, financial institutions, and investors. The anticipated reclassification, aimed at balancing innovation wi

U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded their most significant weekly withdrawal since February 2025, with investors pulling a net \$1.33 billion out of the products. The selling pressure, led by heavy redemptions from BlackRock's industry-leading IBIT fund, signals a sharp reversal from the prior week's inflows and coincides with on-chain data showing Bitcoin holders moving into a "loss-realization" phase. While Ethereum ETFs mirrored the trend with \$611 million in

Pi App Studio 推出無碼支付整合，測試網上線。AI 引導步驟支援會話付費模式如遊戲延續。創作者在 Pi 瀏覽器建立應用並設定價格，收入僅限 Test Pi 不支援主網轉帳。

The Tezos blockchain has successfully activated its 20th major protocol upgrade, dubbed "Tallinn," achieving a significant milestone by reducing base layer block times to just six seconds and introducing critical optimizations for storage and network efficiency. This technical leap coincides with a major vote of confidence from institutional infrastructure: publicly-listed TenX Protocols has acquired 5.5 million XTZ tokens (worth approximately \$3.25 million) in a strategic staking partne

Bitcoin's price has slumped nearly 7% over the past week, breaching the \$89,000 support level as investors executed a rapid exodus from U.S. spot Bitcoin ETFs, withdrawing over \$1.3 billion. This wave of selling, driven by renewed geopolitical tensions and tariff threats from former President Donald Trump, underscores Bitcoin's continued sensitivity to macro "risk-off" sentiment. As the market's Fear and Greed Index lingers in 'fear' territory, attention now pivots to critical upcoming