In the past hour, total liquidations across the network reached $10.27 million, with $9.25 million from long positions, with $1.02 million from short positions. BTC liquidation $664,813.29, ETH liquidation $2.98 million.

According to an official announcement, Gate.com will launch the "I'm Coming!" spot trading service on January 8th at 20:00 (UTC+8), and already launched "I'm Coming!" perpetual contract live trading (USDT settlement) on January 8th at 19:40 (UTC+8), supporting leverage from 1-20x. Gate.com will also launch the Gate Perp DEX simultaneously. Gate.com will add unified account lending and isolated margin trading pairs for "I'm Coming!" on January 8th at 20:10 (UTC+8), and simultaneously launch "I'm Coming!" savings account wealth management, flexible collateralized lending, and fixed-term collateralized lending functions. The "I'm Coming!" trading bot and copy trading will be available within one hour of its perpetual contract launch.

Odaily Planet Daily reports that Grayscale has announced updates to the asset weights of its three multi-asset funds: the Grayscale Decentralized Finance (DeFi) Fund, the Grayscale Smart Contract Fund (GSC Fund), and the Grayscale Decentralized AI Fund (AI Fund). As of January 6th: 1. The updated asset weights for the DeFi Fund are: Uniswap (UNI) 42.67%, Aave (AAVE) 26.23%, Ondo (ONDO) 14.10%, Curve (CRV) 6.16%, and Lido (LDO) 5.48%; 2. The updated asset weights for the GSC Fund are: Solana (SOL) 29.55%, Ether (ETH) 29.00%, Cardano (ADA) 18.55%, Sui (SUI) 8.55%, Avalanche (AVAX) 7.66%, and Hedera (HBAR) 6.69%; 3. The updated asset weights for the AI Fund are: Bittensor... (TAO)29.88%, NEAR Protocol (NEAR)27.31%, Render (RENDER)15.05%, Filecoin (FIL)13.73%, Story (IP)8.73%, The Graph (GRT)5.30%. (Globenewswire)

Odaily Planet Daily reports that Sotheby's International Realty, the luxury real estate brand under auction giant Sotheby's, released a report sharing the current state of the global luxury real estate market and the economic policies and factors most influencing it. The report points out the growing impact of cryptocurrencies on luxury home purchases, particularly in markets like Dubai, New York, and California. Regulatory policy adjustments may allow crypto assets to be eligible for mortgage loans. (PRNewswire)

According to Odaily Planet Daily, Senator Tim Scott, Chairman of the Senate Banking Committee, previously stated that a hearing on the Crypto Market Structure Act would be held on January 15th. However, negotiation documents show that four areas remain unresolved, with key points of contention including: 1. DeFi: The Act calls for the same level of oversight of decentralized finance (DeFi) as federally regulated financial companies, but its fundamental definition and underlying issues remain unresolved. 2. Stablecoin Yields: The GENIUS Act stipulates that stablecoin issuers cannot offer interest, but their affiliated companies can offer yields and customer reward programs. The banking industry believes this could threaten its core deposit business, and some Democrats want to restrict crypto yields. 3. Ethics: The Act requires prohibiting senior U.S. government officials from obtaining personal benefits from crypto activities. 4. CFTC: The Commodity Futures Trading Commission (CFTC) will play a leading role in cryptocurrency regulation, but the bipartisan representation within the CFTC needs to be carefully considered. (CoinDesk)