Market hotspots]👆
1. The Bank for International Settlements has approved banks to have a 2% crypto reserve exposure, which is scheduled to be fully implemented from 2025

2. Crypto lenders Genesis and DCG allegedly owe Gemini customers $900 million

3. The US SEC may call FTX’s trading token FTT a security, and if the nature is determined, it will be negative for all CEX platform tokens

4. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, admitted the "fraud" charges of the US Department of Justice; FTX founder SBF was released on bail of 250 million US dollars and will testify in court on January 3 next year

5. Popular track: NFTFi. The future scale of the NFT market has huge room for growth. The current market size is still small, and the products on the market are mainly NFT trading platforms. As the market continues to mature, more subdivision tracks will appear, so the current NFT subdivision track After sorting out, BG&BK can pay attention to the latest developments

【Competition Dynamics】🔥
1. Binance extends the Maker fee rate for BUSD trading pair to 0 and the BUSD/USDT stablecoin trading pair to waive the transaction fee

2. Binance joins executive committee of US lobby

3. Coinbase has been approved by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP)

4. A security incident occurred in OKX, and users were unable to access the App. After the accident, OKX announced a compensation plan. The cause of the accident was that some OKX users could not access their accounts due to an overheating shutdown accident in the Alibaba Cloud HK C area, and the suspension lasted for a long time, causing users potential loss

5. Elon Musk followed the official Twitter account of OKX, which briefly caused the price of OKB to rise. This is the first encrypted asset trading platform he followed (Musk did not follow Binance Twitter), but on December 17 unfollowed today

6. Huobi will jointly launch "Huobi Visa Card" with Visa👏

🆘According to Arkham data, at 22:20 UTC+8 on January 30, Grayscale once again transferred 4,418 #BTC to an address suspected to be #Coinbase Prime Deposit, worth approximately $191 million.

📌Binance Will List Jupiter (JUP) with Seed Tag Applied
https://www.binance.com/en/support/announcement/7b5c643c3d8a4c9a9d443b1ceefb0015

📌#BTC Quick Update:

BTC has rejected from the 73k level now for the BTC the 67888 level is very important to hold the 200 EMA is also aligning + we have a trendline support there if this region breaks then the structure will break and then we will expect further rejection to the lower levels.

As the market looks extreme volatile it is important to use tight sl's in the trades and wait for the daily closure.