Last week, the cryptocurrency market saw a total outflow of $454 million, according to CoinShares' latest report. Bitcoin (-$405 million) and Ethereum (-$116 million) led the declines.

Last week, digital asset funds experienced a total net outflow of $454 million, according to CoinShares. Bitcoin (#BTC) led declines with outflows of $405 million, while Ethereum (#ETH) saw outflows totaling $116 million.

BTC's SOPR STH indicator remains below 1.00, indicating prolonged correction phases and heightened investor fear. Short-term investors are experiencing significant unrealized losses, which contribute to increased selling pressure. Historically, such conditions during upward trends have presented buying opportunities for both short- and long-term participants.

BTC: When the SOPR STH indicator remains below 1.00, it indicates prolonged correction phases and heightened investor apprehension, as short-term holders experience significant unrealized losses, potentially increasing selling activity. Historical data suggests that such periods during BTC's upward momentum have historically presented advantageous entry points for both short-term and long-term investors.

Standard Chartered to Launch Digital Asset Prime Brokerage Service for Institutional Clients

Binance to list Fogo (FOGO) with Seed Tag applied.

CQ reports a substantial rise in transfer volume on Nexo. This surge typically signals major events such as fund reallocations, increased activity by large investors, or market anticipation of an imminent price movement.

CQ reports a substantial rise in transfer volume on Nexo, a development often interpreted as a signal of major market events such as fund reallocation, increased activity from institutional investors, or anticipations of imminent price movements.

Bitcoin's strategy unit acquired 13,627 BTC last week.

The rate at which long-term Bitcoin holders are distributing their assets has decreased, with net outflows reaching notable levels, indicating a gradual absorption of long-term supply in the market.

Glassnode reports a decline in the rate at which long-term Bitcoin holders are distributing their assets. Net outflows have reached notable levels, indicating a gradual absorption of long-term supply by the market.

Last week, Bitmine increased its holdings by acquiring an additional 24,266 ETH. The company now holds a total of 4,167,768 ETH, valued at approximately $12.98 billion.

World Liberty Financial launches lending markets facilitated by Dolomite.

Dolomite (DOLO) surges approximately 40% following recent developments, according to reports. The token rapidly ascended the shopping rankings across major centralized exchanges shortly before the news announcement.

DOLO (ticker symbol) surged approximately 40% following recent developments, according to reports. The token rapidly ascended the rankings in shopping categories across multiple centralized exchanges shortly prior to the announcement.

CryptoDiffer reports that year-over-year trends in DeFi Total Value Locked (TVL) show a notable shift from passive staking to active lending, alongside a resurgence in stablecoin ecosystems.

CryptoDiffer reports that annual trends in DeFi Total Value Locked (TVL) show a notable shift from passive staking towards active lending, alongside a resurgence in stablecoin ecosystems.

The market continues to consolidate, with early indications of increased activity including cautious institutional positioning, defensive options strategies, and sustained speculative volatility. A reinforcement of demand driven by spot price movements is required to establish a sustained upward trend, according to a Glassnode report.

Today's summary and tomorrow's events. https://t.me/bingx1/2147483647

Senator John Boozman, chairman of the Senate Agriculture Committee, announced that the panel will review the cryptocurrency market structure legislation in the final week of January. [Source: CoinDesk]

The S&P 500 closed at a record high of 6,975.