Daily News | Overall Market Recovered; Oxbridge Decides to Use BTC and ETH as Treasury Reserve Assets
Crypto Daily Digest: Jambo will launch its first airdrop, Oxbridge will use BTC and ETH as treasury reserve assets
According to Farside Investors data, as of press time, the US Bitcoin spot ETF had a net inflow of $140 million on January 22, of which Grayscale Investments had a net inflow of BTC of 136 million. BlackRock IBIT data has not yet been updated.
On January 22, the U.S. Ethereum spot ETF had a net inflow of $18 million, mainly due to a net inflow of 12.5 million ETH from Grayscale Investments. BlackRock ETHA data has not been updated yet.
MicroStrategy Decides to Increase Authorized Shares and Continues to Purchase Bitcoin
MicroStrategy shareholders approved two amendments on Monday to increase the company’s authorized share count to further its bitcoin purchase plans, as part of the company’s ongoing strategy to expand its bitcoin reserves.
As of January 20, the company reported that it still had about $5.42 billion in shares to sell as part of its overall plan to invest $42 billion in Bitcoin acquisitions. At its shareholder meeting on Tuesday, shareholders voted to increase the authorized number of Class A common and preferred shares, a step that will provide the company with more financial flexibility to continue implementing its Bitcoin investment plan.
Publicly listed company Oxbridge approved BTC and ETH as treasury reserve assets
Oxbridge announced that its board of directors has approved the decision to use Bitcoin and Ethereum as treasury reserve assets. This move complements Oxbridge’s blockchain-based tokenized real-world asset (RWA) program and reflects the company’s long-term strategy in diversifying financial assets.
Jambo’s first airdrop plans to airdrop 100 million J tokens to the community
Web3 mobile infrastructure provider Jambo announced the launch of a token airdrop program, which will airdrop 100 million J tokens to core users and Solana community members.
The airdrop targets include JamboPhone 1, JamboPhone 2 users and active JamboApp users. Officials said that this is the first airdrop and plans to distribute additional J tokens to the latest JamboPhone users in the future.
Market analysis: The overall market recovered, and TRUMP’s intraday increase once exceeded 50%
Market Hotspots
At 19:30 on the evening of January 21, Beijing time, the official website of the Department of Government Efficiency (DOGE) (doge.gov) was suspected to be officially launched, and its page avatar adopted the theme pattern of Dogecoin (DOGE). As soon as the news came out, the price of Dogecoin rose rapidly, with an increase of more than 10%. However, the price fell back later. As of 8:24 am on January 22, the department updated the website logo, replacing the original Dogecoin logo with another dog illustration. This change had little impact on the market price of Dogecoin;
Cryptocurrency was not a topic of discussion at President Trump’s inauguration yesterday, and the market’s downward trend caused by this situation has shown a significant recovery. The price of TRUMP tokens rebounded strongly, reaching a high of $48, achieving an increase of more than 50%. Among the many cryptocurrencies, the leading tokens include WLD and RAY. WLD is currently quoted at $2.057, up 8.21% on the day; RAY is currently trading at $7.631, up 6.82% on the day. These data reflect the market’s reaction to President Trump’s inauguration without mentioning cryptocurrencies, as well as investors’ renewed confidence in specific tokens.
Mainstream Coins
The price of $BTC was $105,800, up 3.79% from yesterday; the 24-hour trading volume of BTC was $95.38 billion, accounting for 35.9% of the total trading volume;
The price of $ETH was $3,325.3, up 1.36% from yesterday; the ETH 24-hour trading volume was $33.61 billion, accounting for 12.7% of the total trading volume;
Altcoins generally rose, with the AI sector up 5.33% and the meme sector up 5.06%, ranking at the top with outstanding performance.
Macro news: Trump’s tariff policy is expected to ease, US stocks generally rise, and the US dollar index remains flat
The market focused on Trump’s policies, as he mentioned that he might impose a 25% tariff on Mexico and Canada from February 1, which put pressure on the Mexican peso and the Canadian dollar. Trump said he was not ready to implement comprehensive tariffs, which Goldman Sachs and other institutions believed was a positive signal, indicating that the urgency of his tariffs was lower than expected, pushing European and American stock and bond markets higher.
Trump’s trade policy stance has eased slightly, boosting optimism. On Tuesday, U.S. stocks rose across the board, with small-cap stocks leading the gains. Technology stocks rose and fell. The Nasdaq fell at the beginning of the session. Apple was downgraded by two institutions and fell more than 4.6% during the session, further indicating that weak iPhone sales have caused investors’ concerns. The outside world believes that AI has failed to play the expected role of growth catalyst. Google A hit a new high.
The US dollar index rose and then fell, and was almost flat in late trading, hovering at a two-week low. It fell 1.2% on Monday, the largest single-day percentage drop in 14 months. With the expectation of a rate hike on Friday, the yen once rose above 155. Affected by the tariff news, the Mexican peso once fell by more than 1%.
