[Bitwise Research Director: Bitcoin's Rise Not Primarily Driven by Venezuela Incident] On January 6, Bitwise Research Director Ryan Rasmussen stated that the approximately 5% rise in Bitcoin was not primarily driven by the Venezuela incident but rather by factors such as institutional adoption, shifts in crypto regulation, optimism around AI, and unchanged expectations of interest rate cuts. Institutional funds continue to flow into the crypto market, with platforms like Morgan Stanley increasing Bitcoin asset allocations; crypto-friendly regulatory directions are gradually being established; market concerns over an AI bubble have eased, leading to a flow of funds into risk assets; and Maduro's arrest has not altered short-term interest rate cut expectations. While the Venezuela incident has had some impact on Bitcoin, it is not the main driving factor.

On chain monitoring shows that the "1011 Flash Crash Open Short Insider" currently has three multi order floating profits exceeding 21.67 million US dollars, with a total position value increasing to 819 million US dollars, of which ETH positions account for 80%, with a floating profit of 15.39 million US dollars, SOL multi order value of 70.52 million US dollars, with a floating profit of 3.908 million US dollars; The current floating profit has covered a capital fee of 4.612 million US dollars. (Auntie Ai)

[The People's Bank of China Conducts 162 Billion Yuan 7-Day Reverse Repo Operation] The People's Bank of China conducted a 162 billion yuan 7-day reverse repo operation today, with a bidding amount of 162 billion yuan, a transaction amount of 162 billion yuan, and an operating interest rate of 1.40%, unchanged from the previous rate.

[1inch Releases 2025 Trading Data, Total Volume Reaches $214 Billion] 1inch has published a review of its 2025 data, reporting a total token swap trading volume of approximately $214 billion for the year, a 39% year-over-year increase. Around 114 million transactions were executed, more than doubling compared to the previous year. Ethereum recorded an annual trading volume of approximately $97.1 billion, remaining the primary trading hub; BNB Chain saw a trading volume of about $82.1 billion, with a year-over-year growth of nearly tenfold; Arbitrum and Base recorded trading volumes of approximately $13.2 billion and $8.8 billion, respectively. Cross-chain trading demand has significantly increased, with an annual cross-chain swap volume of approximately $697 million, completing 148,000 transactions involving around 48,000 users utilizing related features. Ethereum remains the core node for cross-chain liquidity. Trading activity is increasingly concentrated on core networks, while newly integrated networks have started contributing to trading volume.

Cryptocurrency companies such as Gemini and Crypto.com donated $21 million to the political action committee (PAC) supporting Trump before the US midterm elections. （Cointelegraph）