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Key Market Intelligence on January 23rd, how much did you miss out on?

2026-01-23 11:05
Read this article in 4 Minutes
1. On-Chain Funds: $16.6M USD flowed into Base today; $24.1M USD flowed out of Ethereum 2. Largest Price Swings: $KO, $SHMEEGUS 3. Top News: Intensifying Battle Between Stablecoins and Traditional Banks, American Bankers Association Places "Ban on Stablecoin Yield" as Top Agenda

Featured News


1. Intense Debate Between Stablecoin and Traditional Banking, American Bankers Association Lists "Ban on Stablecoin Yields" as Top Issue

2. SPACE Soars after Launching on Binance Alpha, Price Reaches $0.03

3. Market Cautiously Monitors Hawkish Signal from Bank of Japan, Governor's Subsequent Statements to Influence Rate Hike Expectations

4. Stable to Upgrade Mainnet and Convert Native Gas Token to USDT0

5. Musk Launches Midterm Election Plan, Aims to Attract More Local Voters for Trump


Featured Articles


1. "Developing 15 Products to Test Humanity, This "Dopamine Dealer" Became Musk's Product Czar"

On June 30, 2025, X welcomed a young product manager. His name is Nikita Bier, 36 years old. Before joining Musk's team, he had developed several social apps that became hits and sold them to tech giants for tens of millions of dollars. Musk has been persistent in turning Twitter into a super app after acquiring it, integrating social, payment, investment, and banking services. However, the journey was filled with failures, as numerous tech giants have had similar dreams, none of which succeeded. Against this backdrop, Nikita Bier's appointment takes on profound significance.


2. "Perp DEX Front-Running Practical Guide, From Novice to Expert"

The recent price performance of projects in the Perp DEX track has indeed been less than ideal, with HYPE dropping from its peak to 21 bucks and LIT holding steady at 1.7 bucks. Additionally, ParaDEX had an incident, making the entire sector look somewhat sluggish. However, what's interesting is that the heat of this track doesn't seem to have cooled down as a result. On the contrary, many players are even more actively farming those projects that have not yet issued their tokens. After all, the bear market is the best time to accumulate points, and people will be more hyped when the market is doing well and tokens are issued. Today, this detailed practical tutorial is very suitable for novice users to get started and enter the field. To demonstrate the operation, the author mainly chose Variational and Extended, two Perp DEX projects with decent trading volume and background.


On-chain Data


On-chain fund flow on January 23rd




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