2026-01-01 16:23:26

Market Snapshot (Evening of January 1st)

On the first day of the new year, mainstream assets collectively weakened. BTC fluctuated around 87,800, currently trading at approximately $87,871, with a daily decline of nearly 1%. Ethereum also didn't escape, trading just above 2,983 yuan, down 0.3%. Other major cryptocurrencies showed similar performance—BNB down 0.86% at $859, Dogecoin down 1.84% at $0.1207, and SOL down 1% at $124.79.

Overall, the year-end market was relatively weak, but there was no sharp decline. The market is still digesting the first wave of volatility in the new year.

**Major Events in the Crypto World**

Notably, the leading stablecoin Tether made a big move on the last day of 2025—buying 8,888 BTC, totaling $784.51 million. This seemingly meticulous figure signals a clear message: institutions continue to be bullish on BTC, even at high prices, actively accumulating.

On the other hand, the Reserve Bank of India explicitly stated in its latest Financial Stability Report that countries should prioritize developing central bank digital currencies (CBDCs) rather than allowing private stablecoins to grow wildly. Their reasoning is that CBDCs can ensure monetary uniformity and the integrity of the financial system, serving as the ultimate trust anchor for settlement. Implicitly, private stablecoins may become a risk source when market pressures arise.

This actually reflects a shift in the consensus among global central banks—countries are accelerating the development of digital currency infrastructure, and regulations on on-chain financial ecosystems are becoming clearer. For investors, this means policy frameworks are becoming more transparent, but regulatory trends are also becoming more defined.

BTC1.23%

ETH1.23%

BNB-0.34%

DOGE8.07%

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ShibaMillionairen't

· 2h ago

Tether buying 8888 BTC, tsk tsk, the numbers are very particular, but the bullish signals are indeed very strong. The central bank is rushing to develop CBDC, how can private stablecoins have a good life? All assets fell on the first day of the new year, but it still didn't scare me. Spending 840 million to absorb shares, this kind of move is not something retail investors can play in the market. The Reserve Bank of India’s stance is basically saying that Tether is risky. This wave of weakness during the New Year’s Eve is also normal, it’s been like this before the Spring Festival, used to it. A clear regulatory framework is actually good, at least it makes the tricks visible. The number 8888, feels like the dawn of a new day in the East, they are all experts in the I Ching. Institutions are still accumulating at high levels, while we are cutting losses here, interesting.

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LiquidationWatcher

· 11h ago

Tether is starting to aggressively accumulate again. This pace is really hard to predict... The number 8888 is indeed significant, but I’m more curious if there will be another wave later on. Institutions still dare to do this at high levels, the bulls are really not afraid. The Indian Central Bank’s recent remarks sound like they’re targeting USDT, but honestly, can CBDC really be more trustworthy than stablecoins? I actually think it might just lead to more retail investors getting burned. On the first day of the new year, everything fell, but it’s not a big deal; it’s just the market adjusting its mindset.

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DegenWhisperer

· 12h ago

Hey, big institutions are accumulating again, and us small retail investors can only watch helplessly. Tether's move this time is really slick, 8888 BTC and still paying attention to numbers... But on the other hand, is it really not afraid to buy at such high levels? The rhetoric from the Indian Central Bank sounds like paving the way for CBDC; private stablecoins will have to make concessions sooner or later. The market has been falling on the first day of the new year; it seems like it's still sleeping. Wow, regulatory framework is becoming clearer, it feels like our group of retail investors' days are about to change. Tether spending 7.84 billion just like playing around; the gap in scale is really huge. What is this wave of market digestion for? Will it continue to fall tomorrow? Central bank digital currency is coming, do private stablecoins still have a future... It feels like the landscape is about to change. The year-end market is so weak, there's no more passion. Accumulating, accumulating, it's always an institutional game.

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ImpermanentTherapist

· 12h ago

Tether is starting to accumulate again, really just a high-level bagholder, this signal is too obvious The Reserve Bank of India spoke quite frankly, it seems the days of stablecoins are going to be difficult Starting the new year with a drop, feels like this year will be a rollercoaster 8888, do we have to be so particular about this number haha The regulatory framework has become clearer but is actually tighter, both sides are under pressure BTC didn't drop sharply, which is pretty good, digesting it is also quite normal Wait, does Tether really have so many U? Last time I heard they had reserve issues...

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orphaned_block

· 12h ago

Tether is buying at high levels again, their courage is really unmatched --- A dip at the start of the new year is nothing, just look at what Tether is doing to see where their confidence lies --- The Indian Central Bank still seems intent on restricting stablecoins; CBDC is more their style --- 8,888 BTC, this number is a bit particular... but if they’re still pouring money in, it says something --- Is the regulatory framework clear? Haha, for retail investors like us, it just gives us a headache --- The key is that the market didn’t crash suddenly, indicating that big institutions haven’t exited yet --- Central bank digital currencies vs private stablecoins, this game isn’t over yet --- People buying coins at high levels are crazy... oh wait, that’s TETHER --- It seems policies will become even stricter in 2025, we need to be prepared

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ForkLibertarian

· 12h ago

Alright, another year starts with a drop, which has become quite common. However, Tether buying 8888 BTC is indeed interesting, just a bit tricky to justify this number... Just a 1% dip and there are already so many rumors? It looks more like digesting the New Year’s emotions. The central bank’s CBDC rhetoric is back again. Honestly, it’s just about wanting to control private stablecoins. Tether’s buying this time can be seen as a form of resistance. I’ve seen many times when BTC is accumulated at high levels, always claiming institutional optimism, but then... The New Year’s market movement really didn’t show any signs; a quick glance before bed is enough, don’t delve too deep. The declines of these coins aren’t even worth a joke. What’s truly worth watching are the actions behind them by the central banks—that’s the real long-term game-changing move. Is a clear regulatory framework beneficial? Who knows, but for retail investors, it’s mostly bad news most of the time. Tether really took a big gamble this time; the number 8888 does have some significance... Just worried it might all turn out to be a false alarm again.

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