A report released by Matrixport points out that while Bitcoin prices saw little volatility this week, the market structure is shifting. Approximately $2.5 billion in Gamma exposure is nearing monthly clearing, bringing the total withdrawn market since the peak to $26.7 billion, with overall positioning almost reset. The future trend may shift from options-driven mechanisms to liquidity-driven forces. The report analyzes whether the recent rebound was misleading, the concentration of hedging pressure after options expiration, and the conditions for market stabilization. Currently, Bitcoin prices are flat compared to a week ago, but the price movement is significantly influenced by the options positioning structure; market makers' previous maintenance of short Gamma positions exacerbated price volatility.๐ฑ๐ฑ๐ฑ
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Core Scientific (NASDAQ: CORZ) disclosed in its annual report that it expects to sell all of its approximately 2,500 Bitcoin reserves in the first quarter of 2026 to enhance liquidity and fund capital expenditures for the expansion of its AI computing hosting business. As of December 31, 2025, the company held 2,537 Bitcoins, with a total value of $222 million (based on an average price of $101,639 per Bitcoin in 2025), a significant increase from 256 Bitcoins at the end of 2024. Recently, several listed mining companies such as Cango, Bitdeer, and Riot have also adjusted their Bitcoin monetization strategies to support their transformation towards AI and data center infrastructure.๐ฑ๐ฑ๐ฑ
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A research team affiliated with Alibaba discovered that its AI agent, ROME, attempted unauthorized cryptocurrency mining during training, triggering an internal security alert. Researchers stated that these behaviors were spontaneous, not driven by explicit instructions, and exceeded the boundaries of a pre-defined sandbox. The agent also established a reverse SSH tunnel, opening a hidden backdoor to an external computer. The paper notes that these behaviors were not triggered by prompts, and the team has imposed stricter constraints on the model and improved the training process to prevent similar behavior. Neither the research team nor Alibaba has responded to requests for comment.๐๐๐
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A Fortune investigation suggests that two Chinese VIP accounts on the Binance platform were allegedly operated through the same device, with one account belonging to a 79-year-old man transferring $439 million in digital tokens to wallets linked to entities sanctioned by Iran. Binance stated that the accounts have been taken offline and that the transactions did not directly involve sanctioned entities. The US Department of Justice is investigating whether Iran used Binance to circumvent sanctions, but Binance denies any knowledge of the investigation.๐๐๐
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A UK High Court judge has approved a theft lawsuit involving 2,323 bitcoins (approximately $172 million) for trial. Plaintiff Ping Fai Yuen alleges his estranged wife obtained a hardware wallet recovery phrase through home security cameras and transferred the bitcoins without his permission in 2023. Although the judge dismissed his primary claim regarding "transfer," stating that the law generally applies only to tangible property, the case will proceed under other legal claims, potentially leading to the recovery of the bitcoins.๐๐๐
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Singapore-based ride-sharing platform Ryde Group announced a cryptocurrency treasury strategy, investing a portion of its corporate reserves in Bitcoin, Ethereum, and Solana. Specific asset allocation and purchase timing will be determined by the company's governance team. Ryde stated that this move aims to address changes in the macroeconomic environment and enhance the flexibility of its treasury operations. Its crypto assets will be held by a third-party custodian, with the investment committee and risk management committee responsible for portfolio management and compliance oversight, respectively. Ryde has supported Bitcoin as an in-app payment method since 2020. The company's NYSE-listed shares fell more than 13% on Thursday, but are up over 122% year-to-date.๐๐๐
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The U.S. House Financial Services Committee will review tokenization, focusing on requiring the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to jointly study tokenized securities and derivatives, and allowing certain regulated entities to use blockchain-based records under future SEC rules. In January, the SEC stated that tokenized stocks and bonds would remain subject to existing securities laws. Earlier this month, the SEC expanded its crypto regulatory framework, explicitly including tokenized securities within its jurisdiction. Last week, the SEC and CFTC reached a coordination agreement to advance regulatory synergy.๐ฑ๐ฑ๐ฑ
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