1.Justin Sun: I Can Offer to Acquire TikTok
In response to a question on the X platform asking, “Why hasn’t the crypto industry stepped up to acquire TikTok?” TRON founder Justin Sun replied, “Well, I can offer to acquire TikTok, and that will solve everything.”
2.U.S. Law Firm Plans to Sue Pump.fun, Alleging Fraud
The U.S. cryptocurrency law firm BurwickLaw announced plans to file a lawsuit on behalf of investors who suffered losses on Pump.fun. According to reports, only 0.4% of the 14 million cryptocurrency wallets interacting with Pump.fun earned over $10,000 in profits.
3.North Korean Hackers Target Web3 Developers in Specific Attack
SlowMist CISO 23pds revealed on X that North Korean hackers have launched a cyberattack campaign named “Operation No. 99” targeting Web3 and cryptocurrency software developers.
The attack begins with fake recruiters on platforms like LinkedIn, who lure developers through project testing and code reviews. Victims are then directed to clone a malicious GitLab repository, which appears harmless but is filled with hidden dangers. The cloned code connects to a command and control (C2) server, embedding malware into the victim’s environment and taking control of their systems.
4.U.S. SEC Ready to Advance Crypto Policy Reform After Trump Takes Office
According to Reuters, Republican senior officials at the SEC are preparing to reform the agency’s cryptocurrency policies as early as next week after Donald Trump assumes the presidency.
Sources indicate that SEC commissioners Hester Peirce and Mark Uyeda are considering measures such as initiating procedures to develop guidance or rules that clarify when cryptocurrencies are classified as securities and reviewing ongoing cryptocurrency enforcement cases in court.
5.Thailand Proposes Banning Polymarket to Combat Online Gambling
Thai cybercrime authorities plan to propose banning the decentralized prediction market Polymarket, viewing it as an online gambling platform, which is illegal in the country.
Thailand’s Cyber Crime Investigation Bureau stated that suspending Polymarket is crucial to preventing the public from falling victim to online gambling and stopping the use of cryptocurrencies for illegal activities. The bureau emphasized that illegal activities “could have significant economic and social impacts.” The authorities did not specify a timeline for the proposed ban.
6.Eric Trump Discloses Holdings of BTC, ETH, SOL, and SUI
According to Benzinga, Eric Trump, son of U.S. President-elect Donald Trump, has disclosed that he holds BTC, ETH, SOL, and SUI.
7.Bitcoin-Nasdaq 100 Correlation Hits Highest Since 2022
The correlation between Bitcoin and the Nasdaq 100 index, a benchmark for U.S. tech stocks, has reached a two-year high. Bloomberg data shows a 30-day correlation coefficient of approximately 0.70 between Bitcoin and the Nasdaq 100 index.
This heightened correlation suggests that Bitcoin’s price trend could be influenced by U.S. inflation data released later today. Concerns over limited Federal Reserve rate-cutting capacity amid a strong U.S. economy and uncertain Trump administration policies are adding pressure to the market. Meanwhile, Bitcoin traded at $96,900 as of Wednesday 9:21 AM Singapore time, down about $11,500 from its all-time high last month.
8.U.S. Stock Market Rises Across the Board
U.S. inflation slowing down has fueled rate-cut expectations, leading to gains across major U.S. stock indices. The Nasdaq rose 2.45%, the S&P 500 gained 1.83%, and the Dow Jones increased by 1.65%. Large-cap tech stocks rallied, with Tesla up over 8%, and Meta, NVIDIA, and Google up more than 3%. Microsoft, Netflix, and Amazon rose over 2%.
9.BlackRock Digital Asset Chief: Bitcoin Adoption Still in Its Early Stages
Robbie Mitchnick, Head of Digital Assets at BlackRock, which manages $11.5 trillion in assets, stated in a Bloomberg video interview that “Bitcoin adoption is still in its early stages.”
Previously, Mitchnick noted that “some events in the crypto industry resemble blunders. Certain crypto research publications and daily commentaries assert that Bitcoin is a risk asset and should trade like stocks.
When we think about Bitcoin, we primarily see it as an emerging global currency alternative. It is a scarce, global, decentralized, non-sovereign asset that lacks country-specific risks and traditional counterparty risks.”
10.Standard Chartered Recommends Buying Bitcoin Below $90,000, Reiterates $200,000 Year-End Target
Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, said Bitcoin currently faces macroeconomic pressure, and any dip below $90,000 represents a “medium-term” buying opportunity.
In a January 14 research report, Kendrick highlighted the value of strategic accumulation during ongoing market turbulence. He added that a price drop below key support levels could provide a favorable entry point, as the bank’s long-term forecast remains unchanged.
Standard Chartered reiterated its prediction that Bitcoin would reach $200,000 by the end of 2025, supported by expectations of strong institutional inflows and favorable economic policies under the new U.S. administration. In the short term, the bank advised investors to remain cautious while monitoring strategic buying opportunities.

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