Author: Deep Tide TechFlow
YesterdayMarket Dynamics
The U.S. November PPI monthly rate is 0.2%, matching the expected 0.2%.
According to Jin Ten Data, the U.S. PPI monthly rate for November was 0.2%, matching the forecast of 0.2%. The U.S. PPI annual rate for November was 3%, higher than the expected 2.7%.
U.S. Senators Submit Over 130 Amendment Proposals for Cryptocurrency-Related Bills, Covering Multiple Aspects Including Stablecoin Earnings
According to CoinDesk, U.S. senators have submitted over 130 amendments ahead of an upcoming hearing on legislation regarding the structure of cryptocurrency markets. These amendments cover a wide range of topics, including banning yield from stablecoins, restricting public officials from profiting from crypto assets, and redefining digital asset mixers. The base bill text from the Banking Committee was released at midnight on Monday and will be discussed and voted on this Thursday. Some amendments have received bipartisan support, such as the modification on stablecoin yields proposed jointly by Senators Tillis and Alsobrooks.
SEC Concludes Multi-Year Investigation into Zcash Foundation and Will Not Take Enforcement Action
According to The Block, the U.S. Securities and Exchange Commission (SEC) has concluded a multi-year investigation into the Zcash Foundation. In a blog post published on Wednesday, the nonprofit organization announced that the SEC will not take any enforcement action against it. The Zcash Foundation stated that it received a subpoena from the SEC in August 2023 regarding an investigation into "certain cryptocurrency asset offerings (SF-04569)."
CCTV: Yao Qian, former director of the Digital Currency Research Institute, once received 2,000 Ethereum tokens as compensation for assisting with an ICO.
According to a report by CCTV, Yao Qian, the former director of the Digital Currency Research Institute, was asked by a merchant named Zhang in 2018 who was conducting an ICO, to contact a certain exchange to assist in listing the coin. The ICO successfully raised 20,000 Ethereum (ETH) tokens, after which Zhang transferred 2,000 ETH to Yao Qian as a reward. Investigators discovered a hardware wallet in Yao Qian's office drawer.
The task force also discovered that Yao Qian had multiple bank accounts opened under others' names as "shell accounts." One of these accounts received 10 million yuan, which had gone through approximately four layers of fund transfers. The funds originally came from a virtual currency trading company's account and were ultimately used to purchase a villa in Beijing.
Solana Mobile opens SKR airdrop eligibility check, claiming will be available on January 21st.
Solana Mobile officially announced that the SKR token allocation query tool is now available on the Seed Vault wallet. Users can open the Seed Vault wallet and click on the "Activity Tracking" tab to view their allocation tier. Based on their interactions with the Seeker device, the Solana dApp Store, and on-chain activities during Season 1, SKR tokens are divided into five allocation tiers: Sovereign (750,000 SKR), Luminary (125,000 SKR), Vanguard (40,000 SKR), Prospector (10,000 SKR), and Scout (5,000 SKR).
This airdrop will distribute a total of nearly 200 million SKR tokens to the community, with approximately 182 million allocated to 100,908 users and about 14.1 million allocated to 188 developers, covering both user and developer groups.
SKR will be officially available for claiming on January 21 at 02:00 (UTC). Eligible participants can check their individual allocation and corresponding tier in advance. Please prepare a small amount of SOL to cover the on-chain transaction fees incurred during the claiming process.
Fogo: Airdrop inquiry page is now online. Claims will officially start on January 15th.
SVM L1 blockchain project Fogo announced that its airdrop query page is now live, and the claiming process will officially begin on January 15th.
OpenSea is about to launch a new mobile app and the Hyperliquid Perps product.
OpenSea's CMO, Adam Hollander, recently revealed that the team is actively developing a mobile app and the Hyperliquid Perps product, both of which are coming soon. The new app will offer a fully integrated experience, combining "all assets, all positions, all wallets, and all chains in one place." Meanwhile, preparations for OpenSea's Token Generation Event (TGE) are underway, with historical trading volume being a key consideration. The reward program will continue after the TGE, with half of the transaction fees from each round going into the reward pool.
Investment bank TD Cowen has downgraded the target price for Strategy to $440.
According to The Block, investment bank TD Cowen has lowered its 12-month price target for business intelligence company Strategy (formerly MicroStrategy) from $500 to $440, citing continued equity and preferred stock issuances that have led to a decline in Bitcoin returns.
Analysts expect Strategy to acquire approximately 155,000 bitcoins in the fiscal year 2026, a significant increase from the previously anticipated 90,000. However, these acquisitions will primarily be financed through common and preferred stock, diluting bitcoin returns.
Although lowering the target price, analysts still view Strategy as a valuable tool for investing in Bitcoin, and predict that the price of Bitcoin will reach approximately $177,000 by December 2026 and about $226,000 by December 2027.
FTX: The next round of distributions is expected to begin on March 31, with a $2.2 billion reduction in the disputed claims reserve for distribution.
FTX announced today that the next distribution record date for eligible claimants is set for February 14, 2026, with the distribution expected to begin on March 31, 2026. At the same time, FTX has submitted an amended notice proposing to reduce its disputed claims reserve by $2.2 billion. Once approved by the court, these funds will be released for distribution to eligible claimants.
Burwick Law Firm Resubmits Lawsuit Against Pump.fun and Solana Executives
According to DLNews, the law firm Burwick Law has resubmitted a lawsuit against Pump.fun and Solana executives, accusing them of creating an "illegal, manipulated gambling platform." Internal messages cited in the lawsuit show that Pump.fun co-founder Alon Cohen once admitted that "most people lose money." The plaintiffs claim the platform allowed certain users to gain an advantage during token launches through a priority fee mechanism and also accuse some crypto influencers of promoting tokens without disclosing compensation. Although the allegations are serious, the lawsuit lacks concrete evidence proving that executives directly profited. The judge has allowed the plaintiffs to submit an amended version of the lawsuit containing 5,000 private messages.
Strive Acquires Semler Scientific, Becoming the 11th Largest Corporate Bitcoin Holder Worldwide
Strive, Inc. (Nasdaq: ASST) announced that it has received shareholder approval to acquire Semler Scientific (Nasdaq: SMLR) in an all-stock transaction. Upon completion of the transaction, Strive will gain ownership of 5,048.1 bitcoins held by Semler Scientific, increasing the company's total holdings to 12,797.9 bitcoins. This will surpass Tesla and the Trump Media & Technology Group, making Strive the 11th largest corporate bitcoin holder globally. Strive plans to liquidate Semler Scientific's medical device business within 12 months of the transaction and use the proceeds to repay its $100 million convertible debt and $20 million loan from Coinbase.
Market Trends

Recommended Reading
2025 Epic Showdown: Has DEX Finally Outperformed CEX This Time?
This article explores the rapid growth of decentralized exchanges (DEXs) in 2025 and their relationship with centralized exchanges (CEXs). 2025 is seen as a year of significant growth in DEX liquidity and trading volume, particularly in the perpetual contracts market, where DEXs have notably increased their market share and capital turnover efficiency. However, the article points out that DEXs will not completely replace CEXs. Instead, the two will complement each other's strengths to jointly build the future trading and clearing infrastructure of the crypto financial ecosystem.
X.com's Ghost: Musk's 25-Year Revenge
This article reviews Elon Musk's journey from founding X.com in 1999 to gradually transforming Twitter into a super app called "X" by 2026. It describes the hardships Musk faced in his early entrepreneurial days, his conflicts with PayPal, and his plans to reshape the vision of X.com. By integrating social networking, information, and transactions, Musk aims to achieve the financial goals he was unable to complete 25 years ago, ultimately building a super platform that controls global financial flows.
NVIDIA and YC have invested in a company that aims to build a hotel on the Moon by 2032.
This article tells the story of 22-year-old Skyler Chan, who founded GRU Space and plans to build a hotel on the Moon by 2032. The project requires high booking fees and deposits, targeting the luxury market. The initiative is seen as a high-stakes gamble, betting that future U.S. lunar base programs may rely on commercial companies, and Chan aims to play a key role in this development. GRU Space's white paper cites relevant U.S. space policies, emphasizing the urgency of the timeline and the importance of commercial participation.
CoinGecko data: 11.5 million projects died in 2025, the bloodiest year in cryptocurrency history
This article explores the extreme turbulence experienced by the cryptocurrency market in 2025, during which 86.3% of cryptocurrency projects failed that year, particularly severely impacting the memecoin sector. In the fourth quarter of 2025, a "liquidation chain reaction" led to a record $19 billion in daily deleveraging. Meanwhile, the total number of cryptocurrency projects surged from 428,000 in 2021 to nearly 20.2 million in 2025, primarily due to a rapid increase in low-quality projects. Despite the large number of failed projects, the overall market size continued to expand.
Goldman Sachs Forecast: Global Stock Markets Expected to Deliver 11% Return Over the Next 12 Months
This article forecasts global stock market returns of 11% over the next 12 months. Despite valuations being at historically high levels, corporate earnings and economic growth are expected to continue supporting the market. Diversification is emphasized as a key strategy for enhancing returns, particularly through balanced allocations across geography, industry sectors, and investment factors. Additionally, the rise of artificial intelligence has sparked interest in its potential impact on non-technology sectors.

