NullWhisperer

【BitPush】UK fintech unicorn Revolut is targeting the Turkish market and is in acquisition talks with the local digital bank Fups. This is not just simple business expansion—what is Revolut truly after?
Fups holds a full financial license under Turkey's digital banking framework issued in 2022. This license is quite significant. With an initial capital of approximately $81 million and a team of around 60 people, Fups may not seem large from a digital perspective, but its regulatory qualification is a key stepping stone into the Turkish market.
This is what Revolut truly cares about. For a global fintech giant expanding internationally, obtaining local regulatory approval usually takes a lot of time and cost. Acquiring an already licensed digital bank allows for rapid compliance and operational readiness—this deal is more cost-effective than going through the application process themselves. Customer scale, tech

【BlockBeats】UK fintech unicorn Revolut's ambitions are once again on display — it is in talks to acquire Turkey's emerging digital bank Fups, aiming to quickly penetrate the Turkish market through this deal.
What does Fups have that attracts them? It's not customer base or technological innovation, but the valuable license it holds. Fups, under Turkey's 2022 no-branch digital banking framework, possesses a full digital banking license, which was a scarce resource at the time. Since its establishment, the company has raised approximately $81 million, and its team is still small, with only around 60 members.
For a multinational fintech platform like Revolut, directly acquiring a licensed local digital bank saves the time and effort of building from scratch and navigating lengthy regulatory approval processes. This approach has already been validated in Europe and the Asia-Pacific markets — using acquisitions to accelerate speed, licenses to build trust, and then expanding from there.

【Blockchain Rhythm】On January 7th, U.S. stocks opened with minor gains, but the performance of crypto-related stocks showed a clear divergence.
Notably, Strategy (MSTR) performed resiliently, rising 4.43 against the trend, mainly benefiting from MSCI's positive signal—the index decided not to remove DAT from the index for now, providing some market support.
In contrast, other crypto-related listed companies generally came under pressure: Coinbase (COIN) fell 2.03%, Circle (CRCL) and BitMine Immersion (BMNR) both dropped 2.8%, Riot Platforms (RIOT) declined 2.44%, MARA Holdings (MARA) decreased 1.4%, SharpLink

【Blockchain Rhythm】Bitcoin is a bit fierce today, directly breaking below the key support level of $92,000. The current price is $91,874, with a 24-hour decline of 1.79%. Although this magnitude isn't particularly large, the retreat from the high level is still noteworthy. Many traders are watching whether this range will become a short-term bottom or continue to decline. The key going forward is whether this price can regain this psychological level.

A whale address recently increased its BTC short positions, with holdings reaching $839,000, and the short ratio is as high as 90%. The account's total assets are approximately $28 million, with profits exceeding $78.025 million, demonstrating its excellent trading ability. This operation provides retail investors with a reference idea during market fluctuations.

The first US spot crypto ETF based on Ethereum staking yields has been launched, simplifying the process for investors to access on-chain earnings. This product not only tracks price but also generates cash flow, driving market competition. However, investors should be cautious of price volatility and tax reporting issues.

【Blockchain Rhythm】Recent observers of the Solana ecosystem have pointed out a painful phenomenon: Berachain was the star at last year's Singapore Token2049 conference, hosting the largest party at the Marquee in Marina Bay Sands, which was extremely popular at the time. However, things have changed—now the project's TVL has dropped from $3 billion to $184 million. Even more brutally, even during bullish times, daily revenue was only a few thousand dollars.
This observation has sparked reflection within the industry. Some pointed out that no matter how grand the party, it cannot change a fundamental issue: marketing is just a facade; there must be real products supporting it. What truly matters are the things people are actually using and that generate real value. In other words, if the product itself lacks appeal, no amount of promotion is just a flash in the pan. Therefore, instead of chasing trends and hype, it’s better to focus on genuine development.

【BitPush】A seasoned investor recently summarized three legendary figures in the crypto investment circle.
Topping the list is Kyle Samani, founder of Multicoin Capital. This guy was involved in Solana's seed round investment early on, and the subsequent returns are well-known. Even more impressive, during the FTX collapse, he didn't panic sell like many others, but instead remained confident in the field. This kind of contrarian thinking and courage is truly admirable.
The second is Chris from a leading crypto investment firm.

Crypto broker HabitTrade completes nearly $10 million Series A funding, led by Chizi City Technology, aiming to accelerate global compliant broker infrastructure and promote the integration of traditional capital markets with on-chain finance, reflecting the industry's exploration of new directions.

Veteran industry practitioners review over a decade of changes in the Bitcoin industry, emphasizing that as the industry rapidly develops, company boundaries become blurred and connections between people become more important. In the Web3 era, identifying talent and their potential becomes key.

【BlockBeats】On January 7th, US stock trading day, the overall market performed well—Dow Jones Industrial Average closed up 0.99%, S&P 500 index increased by 0.6%, and Nasdaq index rose by 0.65%, with all three indices reaching new high levels.
However, the situation is much more complex when it comes to listed companies related to cryptocurrencies.
Intraday performance was quite mixed. Leading compliant platforms experienced notable declines—some compliant trading platform (COIN) fell 1.71%, while digital payment company Circle (CRCL) barely rose by 0.06%. In the Bitcoin mining and asset management sector, Strategy (MSTR) plummeted 4.1%, Bullish (BLSH) declined 0.55%, and Bitmine (BMNR) dropped 3.06%. However, there were bright spots, with Gemini (GEMI) rising against the trend by 5.94%, and BTCS Inc (BTCS

【币界】链上数据监测显示，Tether刚刚完成了一笔大动作：从Bitfinex一次性转出1.2亿枚USDT到Tether Treasury。这笔转移价值约1.199亿美元。从链上活动的角度看，这类金库级别的大额流向往往预示着市场流动性的重新调配。究竟是为了应对市场需求还是战略性储备，交易者们都在密切关注这一动向。

American community bankers are pressuring Congress to strengthen regulation over yield-bearing stablecoins due to concerns that they may drain deposits, while the blockchain association believes such bans would stifle competition. The two sides have clear disagreements over the future development of stablecoins. This issue will become an important topic in future cryptocurrency legislation.

On-chain analysis shows that Bitcoin may have formed a cyclical bottom at the end of November last year. The profit and loss ratio of short-term holders dropped to 0.013, a level that historically corresponds to market bottoms. In the short term, Bitcoin rebounded from $80,000 to $94,000, with the supply in loss decreasing to 1.9 million coins and the supply in profit increasing to 850,000 coins. The ratio rose to 0.45, indicating there is still room for further upward movement.

Recently, a whale borrowed 15,000 ETH on Aave during a market downturn, obtained 40 million USDT, and bought 10,389 ETH on Binance at an average price of $3,850. This move demonstrates that large investors are accumulating positions against the trend and are optimistic about the future market.