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U.S.-based mining pools Foundry USA and MARA Pool played a significant role, collectively mining more than 38.5% of all Bitcoin blocks.
XRP is slightly in the red today, though.
Quick Take The overall value of major gaming and Layer 2 projects declined in 2024, according to GMCI’s price indices, while other sectors—including Layer 1 tokens, memecoins, DePIN, and more—made gains. However, the gaming index doesn’t include TON, which grew over 100% this year as Telegram-based crypto games exploded in popularity.
The T3 Financial Crime Unit has reached a milestone, having frozen more than $100 million in criminal assets globally.
Quick Take Ripple CEO Brad Garlinghouse said that 75% of Ripple’s open job positions are based in the U.S. due to optimism for Donald Trump’s incoming administration. Crypto proponent Trump has promised to build a national bitcoin reserve and make the U.S. the “crypto capital” of the world.
- 03:34The Bank of Japan raises interest rates by 25 basis pointsAs expected, the Bank of Japan has raised interest rates by 25 basis points, increasing the target interest rate from 0.25% to 0.50%. This is the largest increase since 2007, and the highest rate since October 2008. Since resuming rate hikes in March last year, the Bank of Japan has raised rates three times in less than twelve months.
- 03:31The encryption market sector has slightly retraced, with AI Agents leading the decline by 8.42%, while Layer2 and DeFi sectors remain strongAccording to SoSoValue data, the cryptocurrency market has experienced a slight pullback in some sectors, with AI Agents leading the decline, down 8.42%. However, the Layer2 and DeFi sectors have shown strong performance. Within the AI Agents sector, mainstream AI tokens such as Ava (AVA), ai16z (AI16Z), and AI Rig Complex (ARC) fell by 16.42%, 12.71%, and 9.76%, respectively. The leading project, Virtuals Protocol (VIRTUAL), dropped by 5.46%, while AIXBT decreased by 7.82%. The Layer2 sector remained relatively resilient, with a 24-hour increase of 1.23%, driven by a 10.07% rise in Mantle (MNT). The DeFi sector saw a 0.89% gain over 24 hours, with Chainlink (LINK) up by 3.13%, Ondo Finance (ONDO) up by 4.18%, and Raydium (RAY) rising by 5.43%. In other sectors, the Layer1 sector saw a 24-hour decline of 0.36%, CeFi fell by 0.64%, PayFi dropped by 1.27%, and the Meme sector continued its downward trend, with a 24-hour loss of 3.06%. Notably, OFFICIAL TRUMP (TRUMP) fell by 13.86%, while Pudgy Penguins (PENGU) dropped by 7.05%.
- 03:17RootData: The OP will unlock tokens worth approximately 54.4387 million US dollars in a weekChainCatcher news, according to RootData token unlock data, Optimism (OP) will unlock approximately 32.2123 million tokens at 0:00 on January 31 Singapore time, valued at about $54.4387 million.
