GasWrangler

In 2025, the yield-bearing stablecoin market is booming, with a total return of over $250 million. sUSDe performed outstandingly, accounting for 24.9%; sUSDS followed closely, accounting for 14.2%. Yield-bearing stablecoins are gradually becoming mainstream, users expect stable returns, and market competition is intensifying.

Ethereum mainnet transaction volume this week hit a record high of 2.2 million transactions, with the average transaction fee dropping to just $0.17. Through continuous upgrades and optimizations, fees have been significantly reduced, demonstrating a remarkable scaling effect.

Ukraine and the United States are discussing post-war security guarantees, potentially maintaining a military presence. Trump says an agreement is imminent, but disagreements remain. Russia's stance is firm, and France clarifies there is no evidence. Increased geopolitical risks will impact the crypto market, with short-term volatility in BTC intensifying. Attention should be paid to key resistance and support levels.

On December 31, a whale began to adjust its holdings of 8,550 ETH, selling at $2,991. Ten hours earlier, it deposited 3,000 ETH into an exchange, worth approximately $8.93 million, currently with a loss of $43,000. Although still holding 5,550 ETH, the unrealized loss is even greater, but its wallet still contains 22,981 ETH, reflecting market sentiment.

【Chain Wen】A Nasdaq-listed health supplement company has undergone a dramatic transformation.
The story goes like this: In October this year, the company completed a $48 million equity financing through oversubscription, with a very clear goal — to accelerate its Bitcoin reserve strategy while expanding its health brand. The financing lineup was quite impressive, attracting exchanges like Kraken and Exodus, as well as multiple investment funds participating as co-investors.
But the turning point came quickly. By December, the company suddenly announced the suspension of its Bitcoin accumulation plan. What was the reason? The official statement shifted to "fully seizing the rapid growth opportunities of consumer health brands." In other words, they decided to change course.
Interestingly, although they canceled the plan to continue buying BTC, the company actually holds 510 Bitcoins, along with over $70 million in cash and equivalents, making their balance sheet still quite healthy.

Some investors are pessimistic about Bitcoin, believing it does not generate cash flow and lacks value. Taking MicroStrategy as an example, holding the coin for five years yields only 16%, far below the performance of other asset classes, causing dissatisfaction among holders.

SRx Health Solutions announces a $10 million investment in digital assets such as Bitcoin and Ethereum, with specific allocation details not yet disclosed. This move marks increased attention from traditional publicly traded companies toward digital asset allocation. As more institutions participate, the professionalism of the crypto asset market is on the rise.

【Crypto World】Recently, discussions about Bitcoin cycles have become increasingly intense, with the focus on whether the "Four-Year Cycle Theory" we've used for many years still holds.
On one side are optimistic voices: institutions are continuously entering the market through ETFs, US regulatory attitudes are noticeably relaxing, and global liquidity is still increasing. Under this new combination of strategies, some analysts believe that the upward trend after the halving can last until 2026, potentially extending or breaking the cycle.
On the other side are those who stick to the original logic, arguing that the market has already entered a bear market and that traditional cycles are still valid. Both sides have their own data to support their claims, and no one is convinced by the other.
The emergence of ETFs has indeed changed the game—massive institutional funds are pouring in, and the market dynamics dominated by retail investors have shifted. But does this mean the cycle is completely invalid, or just extended? The answer may depend on future market performance. In any case, understanding the logic behind these debates is crucial for developing your own

Perpetual contracts may become an important window to assess the crypto market sentiment in 2026, as their real-time data can reflect the true market dynamics. Well-known investment institutions have already begun to enter this field, and it is expected to attract significant liquidity in the future. The industry's self-innovation is also promoting its development.

Bitcoin surged to $90,000 yesterday before pulling back to $87,000, and market sentiment is gradually shifting from panic to rationality. The rebound is mainly the result of short covering, with a lack of new capital inflows. Bitcoin and Ethereum are currently in consolidation phases, with insufficient momentum, and the market is cautious. A stronger fundamental support is needed to achieve a breakout.

In 2025, the GameFi market experienced a significant decline in funding, but the Web2.5 gaming model emerged. This new paradigm uses blockchain as infrastructure to enhance real revenue and gaming experience, gradually demonstrating considerable revenue potential and indicating future market changes.

【Crypto World】The market is quite interesting right now. Data from the end of December shows that a group of traders have accumulated significant long leverage on coins like Solana, Zcash, and Chainlink, but the trouble is—after entering January, these positions are all at risk of being liquidated.
The situation with SOL is the most tense. Last week, ETF fund inflows plummeted by 93%, leaving only $13.14 million invested, indicating what? Market enthusiasm for SOL is clearly waning. The already fragile long positions now resemble a sword hanging in the air.
ZEC tells a different story. It rose 70% in December, a substantial increase, but this also means profit-taking has accumulated. Most importantly, on-chain data shows that large holders are quietly reducing their positions. Under these circumstances, any adjustment could turn into a collective liquidation.
LINK faces pressure from rising exchange reserves. What does this usually indicate? A sign of sell-offs. When exchange reserves increase,

Toobit recently upgraded its futures trading platform, introducing TradingView charts that support eight charts simultaneously and 18 candlestick types. This enhancement aims to cater to professional traders who seek both speed and in-depth analysis, reflecting the growing demand for advanced trading tools in the derivatives market.

【Blockchain Rhythm】A major player in Korea's traditional finance sector, Mirae Asset, has recently made a big move. According to media reports, this Seoul-based financial group is in talks to acquire a stake in the domestic crypto trading platform Korbit, aiming to secure approximately 92% of the shares. The transaction price is highly anticipated—rumors suggest it could be as high as 140 billion Korean won, approaching nearly 100 million RMB.
This matter seems simple on the surface, but it actually reflects a larger trend. Mirae Asset has been operating in asset management, wealth management, investment banking, and insurance for many years, holding a significant position in the traditional financial circle. If this acquisition is finalized, it will mark their official entry into the crypto world—this is their first time.
Group founder Park Hyeon-joon has been emphasizing the same theme over the past two years: combining opportunities in traditional assets and digital assets. In other words, major financial institutions are also pondering how to carve out a piece of this cake. Industry perspective