January 21st, the Cosmos ecosystem stablecoin protocol Noble announced the launch of its EVM-based Layer 1, Noble EVM is expected to go live on March 18th, the brand new Noble EVM will be tailored specifically for stablecoin applications.Noble is not the only Cosmos ecosystem project to undergo a transformation in recent months, for example, Sei plans to fully transition to only support an EVM chain in the upcoming upgrade, deprecating its CosmWasm and Cosmos native assets.

January 21st, according to HyperInsight monitoring, as the market continued to decline, "Brother Whale" Huang Licheng's 25x ETH long position was completely liquidated, and after numerous defeats, he once again opened a 600 ETH position, worth approximately $1.75 million.His account has lost $4.3 million in the past month, bringing his total losses to $22.83 million.

BlockBeats News Update: On January 21, according to Coinglass data, the total liquidation in the past 24 hours was $1.061 billion, with $0.998 billion in long liquidations and $62.97 million in short liquidations.In the last 24 hours, a total of 180,139 people were liquidated globally. The largest single liquidation occurred on Bitget - BTCUSDT_UMCBL, amounting to $13.52 million.

January 21st, according to Dune Data, the prediction market's Sunday trading volume exceeded $8.14 billion, reaching a new all-time high. The total transaction volume on prediction market platforms in January has reached approximately $10.5 billion so far, and this month is expected to break the monthly record, achieving the sixth consecutive month of trading activity growth.Based on this Sunday's trading volume, Kalshi remains the largest trading platform, with a daily trading volume of over $5.35 billion on Sunday alone, while Polymarket's trading volume is approximately $1.27 billion. The emerging prediction platform Opinion, supported by YZi Labs, had a daily trading volume of around $84 million, continuing to eat into the market share of the two major prediction markets.

January 21st, according to Onchain Lens monitoring, Trend Research under Yihua once again lent out 20 million USDT, which was then deposited into Binance to buy 6656 ETH, and then transferred to Aave.Trend Research currently holds 651,310 ETH, with a total value of 1.91 billion US dollars.

January 21st, a sudden selloff storm hit the Japanese government bond market, with the 30-year and 40-year yields surging more than 25 basis points in a single day, dubbed by traders as the "most chaotic trading day in recent years." Market panic stemmed from Prime Minister Kaneshiro Mana's announcement of "ending fiscal austerity" and proposing a tax cut and spending increase plan, seen by investors as Japan's version of the "Tras Moment." The weak 20-year bond auction intensified a vicious cycle, forcing hedge funds to liquidate positions and putting pressure on life insurance companies. The turmoil quickly spread globally, with U.S. bond yields rising to multi-month highs simultaneously.According to Bitget market data, the Nikkei 225 Index opened today down 718.60 points, a 1.36% decrease, at 52272.50 points. The South Korean KOSPI Index opened today down 74.42 points, a 1.52% decrease, at 4811.33 points.BlockBeats Note: The "Tras Moment" refers to former UK Prime Minister Liz Truss's tenure in 2022, during which she introduced a large-scale tax cut + spending increase policy without a clear funding source, leading to instant market panic, a sharp drop in the pound, surging bond yields, the financial system on the brink of collapse, and ultimately forcing her to resign after only 49 days in office, becoming synonymous with "market punishment for fiscal radical policy + leader's swift downfall."

January 21st, according to The Wall Street Journal, U.S. officials said that despite withdrawing the strike on Iran last week, Trump is still asking his aides for so-called "decisive" military options. The discussions come as the U.S. is sending an aircraft carrier and fighter jets to the Middle East, a move that could signal the beginning of a larger military buildup.According to U.S. officials, Trump has repeatedly used the term "decisive" to describe what effects he would like U.S. action to have on Iran. This wording has led Pentagon and White House aides to refine a series of options for Trump to choose from, with some aimed at toppling the current Iranian regime. Officials are also crafting less aggressive options, possibly including strikes on facilities of the Islamic Revolutionary Guard Corps. U.S. officials said that Trump has not yet ordered strikes on Iran, and his final decision is unclear. However, the ongoing discussions indicate that Trump has not ruled out the possibility of "punishing" the Iranian authorities.

January 21st, according to QuantumBit, DeepSeek-R1 has exposed its new model "MODEL1" on the occasion of its first anniversary. DeepSeek has updated the FlashMLA code on GitHub, with 28 mentions of MODEL1 across 114 files, appearing as a distinct model from V32. V32 is known to be DeepSeek-V3.2, so MODEL1 is likely a new architecture. Specific differences in the code are reflected in KV cache layout, sparsity handling, and FP8 decoding, showing several differences in memory optimization.

January 21st, Trump escalated the tariff threat against Europe and took a tough stance on the Greenland issue, further exacerbating market concerns about the resumption of a trade war between the US and Europe. According to HTX market data, the crypto market suffered another heavy blow overnight, with Bitcoin falling below $88,000, now trading at $88,430, and Ethereum dropping to $2,920, now trading at $2,943. The total market capitalization of the crypto market evaporated by 4.6% in a single day, now standing at $307.2 billion. Some altcoins led the decline, including:Binance Life with a 24-hour decrease of 19.3%, now trading at $0.172;ROSE with a 24-hour decrease of 17.5%, now trading at $0.0165;PHB with a 24-hour decrease of 13.6%, now trading at $0.0038;MORPHO with a 24-hour decrease of 11.02%, now trading at $1.145;STO with a 24-hour decrease of 10.98%, now trading at $0.0877.The three major US stock indexes plummeted last night, with the S&P 500 index falling by 2.06%, marking the largest single-day drop since October last year, the Dow falling by 1.76%, and the Nasdaq falling by 2.39%. US stock crypto concept stocks also tumbled, including:Strategy plummeting by 7.76%,Coinbase (COIN) dropping by 5.57%;Circle (CRCL) dropping by 7.45%;MARA Holdings (MARA) dropping by 8.71%;Riot Platforms (RIOT) dropping by 5.93%;BitMine Immersion (BMNR) dropping by 9.39%;SharpLink Gaming (SBET) dropping by 9.59%.

January 21: U.S. Commerce Secretary Howard Lutnick said on Tuesday that he expects the U.S. GDP growth rate to exceed 5% in the first quarter of 2026, but he also pointed out that the current U.S. interest rates are too high, dampening stronger economic growth.Lutnick said at the World Economic Forum annual meeting in Davos, Switzerland: "Our interest rates should be lower so that the economy can truly prosper. I believe that GDP will grow by over 5% this quarter, which is very significant for the $30 trillion U.S. economy. If the rates were lower, the growth rate could even reach 6%. What is currently holding us back is our own policy." It is worth noting that Lutnick's growth rate prediction is his personal view, higher than the expectation of U.S. Treasury Secretary Benson, who said in Davos that the actual U.S. GDP growth rate in 2026 may be between 4% and 5%. (FXStreet)