Daily Summary, January 26

💰 Markets and Investments
* Around 70% of institutional investors believe that Bitcoin is undervalued in the price range from $85,000 to $95,000.
* Gold exceeded the $5000 per ounce mark for the first time in history.
* Spot Bitcoin ETFs recorded a net outflow of $1.33 billion last week.
* Strategy purchased an additional 2,932 BTC last week at an average price of $90,061 per coin.
* South Korea’s third-largest crypto exchange, Coinone, has been put up for sale.

⚖️ Regulation and Security
* A committee of the State Duma of the Russian Federation approved for the third reading a bill regulating the seizure of cryptocurrencies as part of criminal proceedings.
* The decentralized protocol SwapNet was hacked, with losses estimated at $16.8 million.
* In the USA, a school student became a figure in a case concerning the theft of approximately 1,000 BTC (about $90 million) by gaining access to client funds of the Unchained service.

⚡️ Technology and Infrastructure
* A winter storm in the USA led to the shutdown of about 200 EH/s of mining capacity. The Bitcoin network hash rate briefly dropped to a six-month low.
* Engineers have developed a wireless chip capable of transmitting data at speeds up to 120 Gbit/s, comparable to fiber-optic lines.

🏦 Corporate News and Stablecoins
* Binance is launching a perpetual futures contract TSLAUSDT on Tesla stock with leverage up to 5x. Trading starts on January 28.
* Tether purchased 27 tons of gold in the fourth quarter of 2025. The current value of this reserve is estimated at approximately $4.4 billion.

😄 Curiosities and Individual Cases
* One trader on the Polymarket platform earned about $233,000 over two nights by exploiting the peculiarities of trading bots’ operation.
* A major short position holder on the Hyperliquid platform was liquidated for an amount of $70 million.