News

According to Odaily, Turkmenistan's President Serdar Berdimuhamedov has signed a decree officially legalizing cryptocurrency mining and trading. This legislation incorporates virtual assets into the scope of civil law and establishes a licensing system for cryptocurrency exchanges regulated by the country's central bank. Nevertheless, digital currencies are still not recognized as a means of payment, legal tender, or securities in Turkmenistan. Currently, the country's internet remains under strict government control. As an economy highly dependent on natural gas exports, this move is seen as a significant shift in Turkmenistan's economic policy. (The Washington Post)

BlockBeats News, on January 2, CryptoOnchain released data on social media indicating that Ethereum has seen a large-scale capital inflow into a certain exchange, with net inflows surging to 24,500 ETH, marking the highest level since July. Such a significant net inflow usually means more ETH is being transferred to trading platforms, often a precursor to increased selling pressure. This phenomenon may reflect that whales are preparing to sell, or that traders are adjusting their positions for derivatives hedging. Currently, ETH is consolidating around $2,980, and the increase in exchange supply may limit short-term upside potential. Historically, similar surges in capital inflows have often been accompanied by higher volatility or downward trends. Overall, the current pattern remains short-term bearish, and those holding long positions should remain cautious.

According to ChainCatcher, Arkham data shows that at 23:54, 20,000 SOL (worth approximately $2.4956 million) were transferred from Fireblocks Custody to an anonymous address (beginning with 3SHrC...). Subsequently, at 23:56, this address transferred 20,000 SOL to an exchange.