Loading...
[The People's Bank of China to Conduct 1.1 Trillion Yuan Reverse Repo Operation] On January 8, 2026, the People's Bank of China will conduct a 1.1 trillion yuan outright reverse repo operation through fixed-quantity, interest rate bidding, and multiple price bidding methods, with a term of 3 months (90 days).
[Fundstrat Analysts Predict 2026 Crypto Market Volatility and Asset Performance] Fundstrat's Head of Digital Asset Strategy, Sean Farrell, stated that Bitcoin's long-term target price is $1 million. He predicts a potential 'risk-off event' in the first half of 2026, during which Bitcoin may fall back to $60,000–$65,000. Improved liquidity and policy stimulus in the second half of the year could present growth opportunities. Ethereum's year-end target price is approximately $4,500, benefiting from the narrative of real-world asset tokenization. Solana is expected to decline to $50–$75 in Q1/Q2, followed by a rebound to $220–$260. Altcoins may perform strongly after the risk-off event, particularly tokens related to real-world assets.
[AIxCrypto Plans to Invest $10 Million in Faraday Future Common Stock] On January 7, Nasdaq-listed company AIxCrypto (AIXC) announced plans to make a strategic investment of $10 million in Faraday Future through the purchase of common stock. The company intends to use these shares as the underlying asset for its first tokenized equity product. AIxCrypto, formerly known as QLGN, rebranded and transitioned into a crypto and Web3 business platform last November, focusing on tokenized equity RWA (Real-World Asset) business.
[Onshore RMB closes at 6.9912 against USD] Onshore RMB closed at 6.9912 against the USD at 16:30 (UTC+8) on January 7, down 99 points from the previous trading day.
[Flow Reviews Security Incident and Fixes Cadence Type Confusion Vulnerability] Flow released a report reviewing the attack incident, where attackers exploited a vulnerability in the Flow network to forge tokens and stole approximately $3.9 million through bridging. The attack did not compromise existing user balances, and most of the forged assets have been stored on-chain or frozen by exchanges. Network validators approved the destruction of all forged assets, and the network resumed operations on December 29, 2025. The attackers deployed over 40 malicious contracts, leveraging a type confusion vulnerability in the Cadence runtime (v1.8.8) to forge tokens. This vulnerability has been fixed (v1.8.9 and later versions). Approximately 50% of the forged FLOW deposits have been returned and destroyed by exchanges such as OKX, Gate, and MEXC. The foundation is continuing its investigation in collaboration with blockchain forensics partners and law enforcement agencies.
BlackRock's Bitcoin ETF bought $287 million worth of Bitcoin last Friday, marking the largest single day inflow of funds since early October. (Bitcoin Archive)