U.S. Crypto Market Mixed Amid Regulatory Tensions and Whale Activity

KuCoinFlash

Release Time:01/17/2026 05:46:06

Summary

The crypto market remained volatile on January 17, 2026, as whale activity spiked with a $7.9 million USDC deposit on HyperLiquid for ETH and ADA. While SBET rose 5.36%, a major LTC and BTC theft totaling $282 million shifted to XMR. The White House reportedly criticized Coinbase over the crypto market structure bill. An insider trade on RALPH returned 642x, turning $1,668 into $1.07 million. WeLab raised $220 million in a Series D round led by HSBC. Solana’s U.S. spot ETF saw a $2.22 million outflow, while XRP’s ETF gained $1.12 million.

1. U.S. stocks closed higher with a broad rise in the crypto sector, with SBET up 5.36%.

2. A victim lost over 282 million USD worth of LTC and BTC due to fraud, which was then exchanged into XMR;

3. The White House is angry about Coinbase's actions and is considering withdrawing its support for the cryptocurrency market structure bill;

4. A large whale deposited $7.9 million in USDC into HyperLiquid and placed long orders for ETH and ADA;

5. An insider traded RALPH and made a 642 times profit, turning $1,668 into $1.07 million;

6. Tony Tang from Hong Kong University of Science and Technology: Gold tokens can earn interest on-chain, which is different from traditional gold ETFs;

7. WeLab completes $220 million Series D strategic financing, led by HSBC;

8. The U.S. Solana spot ETF experienced a total net outflow of $2.22 million in a single day;

9. The U.S. XRP spot ETF had a total net inflow of $1.12 million in a single day.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.