BitMEX co-founder Arthur Hayes posted on the X platform that the price of BTC will reach $1 million.

Key takeawaysBTC ETF outflows total $934M over three daysOpen interest rises near $90K signaling leverage buildupAnalysts monitor $90K support and $86K downside zoneBTC Retreats After $93K RejectionBitcoin news shows BTC pulling back toward $89,250 after its third rejection near the $93,000 level. The decline followed an early-2026 rally that initially gained momentum on strong trading volumes.Despite the pullback, Bitcoin price remains above the monthly rolling VWAP, which turned positive at the start of the year. This suggests longer-term positioning has not fully weakened.Market context: ETFs and Macro PressuresBitcoin ETF data shows $934.8 million in net outflows over three days, led by major U.S. spot products. These outflows have weighed on broader crypto market sentiment, even as 2025 inflows remained structurally positive.At the macro level, expectations of a potential Federal Reserve rate cut later in 2026 continue to influence digital assets. Weaker labor data has supported easing bets, though persistent inflation remains a risk factor.Derivatives and On-chain SignalsBitcoin update from derivatives markets shows open interest increasing as BTC dipped toward $90,000. This pattern indicates new leveraged positions rather than broad position unwinding.Order book data highlights strong passive interest clustered near $90K. Analysts note that failure to hold above $89,000 could expose liquidity between $86,000 and $87,000.Bitcoin Outlook: Key Levels to WatchThe short-term Bitcoin forecast centers on whether BTC can reclaim the $91,600–$91,700 range. A recovery above this zone could reopen a test of $93,000.On the downside, sustained weakness below $89,000 would shift focus to lower support zones. ETF flows, Fed policy signals, and state-level adoption proposals remain key catalysts to watch.

According to PANews, BlockSec Phalcon has reported a flash loan attack on the SEI chain involving the Synnax contract. The attacker borrowed 1.96 million WSEI, equivalent to approximately $240,000, and did not return the funds. The incident was triggered by a misoperation three blocks prior, where the address 0x9748…a714 mistakenly transferred funds into the contract, inadvertently providing financial support for the attack. The attack path involved transactions TX1 and TX2, highlighting that chain misoperations can still pose significant risk points in DeFi attacks.

Zcash Foundation reassures decentralization mission amid Electric Coin Company's team resignation. source: https://coincu.com/news/zcash-decentralization-ecc-resignation-economics/

According to BlockBeats, on January 9, the Zcash Foundation, a core nonprofit organization within the Zcash ecosystem, stated on social media that Zcash remains a decentralized open-source protocol. No single contributor, team, or organization has control over Zcash. Zcash was designed with resilience as a primary goal. Its codebase is entirely open-source, and its consensus rules are maintained by independent node operators worldwide, supported by diverse organizations and contributors. As the protocol's guardian, the Zcash Foundation's mission is to serve the public interest, focusing on several key areas: - Maintaining and supporting the development of the Zcash protocol - Funding independent research and engineering practices - Supporting the decentralization of infrastructure and governance - Advocating for privacy as a fundamental human right

The Zcash Foundation stated in a statement on the X platform that Zcash is always a decentralized open-source protocol, and no single contributor, team, or organization can control Zcash. Zcash was designed with resilience in mind from the outset. Its codebase is completely open source, its consensus rules are maintained by independent node operators worldwide, and its development is supported by diverse organizations and contributors. As the guardian of the protocol, the Zcash Foundation's mission is to serve the public good, with priorities including: maintaining and supporting Zcash protocol development, funding independent research and engineering practices, supporting decentralized infrastructure and governance, and advocating for privacy as a fundamental human right.

Truebit was allegedly hacked, and 8,535 ETH, worth more than $26 million, was sent to an anonymous wallet within a short period of time. source: https://www.cryptopolitan.com/truebit-hack-rocks-defi-26-44-m/

President Trump ruled out a pardon for Sam Bankman-Fried, shutting down lingering hopes of clemency for the jailed FTX founder. source: https://cryptonews.com/news/president-trump-no-pardon-sam-bankman-fried/

ZEC's price partially recovered from its recent losses. source: https://ambcrypto.com/electric-coin-company-team-behind-zcash-quits-over-governance-clash-why/

null source: https://x.com/BSCNews/status/2009481219738882172

Cryptocurrencies are splitting into three parallel development tracks: the speculation and culture track (such as Meme Coin and niche public chains); the information and truth market track (centered on prediction markets); and the real economy and financial infrastructure track (such as stablecoins and RWA).

China’s decision to allow banks to pay interest on digital yuan wallets from Jan. 1 is emerging as a pointed challenge to U.S. stablecoin policy, exposing a growing divergence between Beijing’s state-backed digital currency strategy and Washington’s restrictions under the GENIUS Act.

US President Donald Trump said he will not pardon jailed FTX founder Sam Bankman-Fried, who is serving 25 years for fraud. Bankman-Fried’s appeal is still in progress, but Trump made clear his support for crypto does not extend to forgiving financial crimes.

By the end of 2026, it should become clearer whether privacy will become a lasting pillar of global financial infrastructure or continue to be a recurring point of friction between innovation and regulation.

After years of development, China's payment regulation has formed a comprehensive, multi-dimensional framework that integrates overall planning, account-based approach, standardized tools, stable systems, and compliant institutions.

Trump confirmed that he has finalized who will lead the Federal Reserve, but he did not officially announce it. On the same day, Treasury Secretary Bessant said that Trump might announce his choice around the time of the annual forum in Davos, Switzerland.

The future of currency is not determined by ideology, but by exit mechanisms.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

DEX, EVM, Hyperliquid, Perp: Second-hand Timeline for DEX: HYPE Crosses the Cutoff Line, EVM Reaches Its Ceiling - Golden Finance, There are no secrets in the crypto market, only the speed of dissemination.

When the market is anxious about the speed of innovation, it often overlooks Ethereum's core, non-replicable asset—a set of uncompromising values.