Crypto Morning Brief: Trump signs crypto executive order, Binance Labs transitions into family office YZi Labs
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Crypto Morning Brief: Trump signs crypto executive order, Binance Labs transitions into family office YZi Labs
Bitcoin's current price trend is highly similar to the mid-phase of the 2015–2018 market cycle.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Developments
U.S. SEC officially repeals SAB 121, which previously blocked banks from crypto custody
The U.S. Securities and Exchange Commission (SEC) has released SAB 122, formally repealing SAB 121 that had hindered banks from offering cryptocurrency custody services.
Cynthia Lummis, chair of the Senate Banking Committee’s Digital Assets Subcommittee and sponsor of the Bitcoin Strategic Reserve Act, welcomed the move, calling SAB 121 a "disastrous" policy that stifled innovation in the banking sector.
SAB 121 was an SEC guidance issued in 2022 requiring regulated entities to record crypto assets on their balance sheets and disclose associated risks.
Cynthia Lummis: Looking forward to advancing digital asset legislation and strengthening the dollar through strategic Bitcoin reserves
U.S. Senator Cynthia Lummis announced her appointment as Chair of the Senate Banking Committee’s Digital Assets Subcommittee.
She stated, “Digital assets are the future. If America wants to maintain its global leadership in financial innovation, Congress must urgently pass bipartisan legislation to establish a comprehensive legal framework for digital assets and strengthen the dollar through a strategic Bitcoin reserve. I am deeply honored that many colleagues have placed their trust in me to lead this subcommittee. I look forward to advancing bipartisan bills to President Trump’s desk this year to secure our financial future.”
Truth Terminal announces foundation launch, completes recent FARTCOIN OTC trade
Andy Ayrey, founder of Truth Terminal, announced the establishment of the Truth Terminal Foundation to manage project intellectual property and wallet assets. The foundation completed an over-the-counter (OTC) transaction involving FARTCOIN tokens on January 21. The counterparty has committed to responsible holding and will not create market selling pressure. A portion of proceeds will be used to acquire GOAT tokens, rewarding the community that supports decentralized AI development. The foundation currently holds approximately 0.5% of the total GOAT supply and plans to hold long-term.
Ayrey explained that the foundation aims to ensure Truth Terminal’s independence. This structure is considered interim, with the ultimate goal of evolving into a fully autonomous entity. The foundation now has sufficient funding to support team hiring, grant disbursements, and GPU equipment purchases. It will focus on building a sustainable governance council to enable self-improvement of the project.
Pump.fun founder: Not creator of alon token, only took over TG group and paid Dexscreener fees half a year ago
alon, founder of Pump.fun, addressed community concerns regarding his connection to the similarly named alon token.
He clarified that in a decentralized environment for asset creation, personal tokens will become commonplace. He emphasized he did not create the alon token and does not recommend investment. He only assumed control of the token’s Telegram group and covered related Dexscreener expenses about six months ago.
He added it was surprising the token had drawn little attention over the past few months.
Trump signs executive order on cryptocurrency, establishes digital asset task force and explores national digital asset reserve
According to Fortune, U.S. President Donald Trump signed an executive order on cryptocurrency, affirming support for digital assets and blockchain technology. Key measures include:
Establishment of the “President’s Task Force on Digital Asset Markets”:
Chaired by AI and cryptocurrency special advisor David Sacks, with members including chairs of the SEC and CFTC. The task force will evaluate existing crypto regulations and develop a pro-innovation regulatory framework.
Exploring a National Digital Asset Reserve:
Study and formulate standards for establishing such a reserve, considering the use of lawfully seized cryptocurrencies from government enforcement actions.
Trump previously publicly supported creating a federal Bitcoin reserve to combat inflation.
Banning CBDCs:
Prohibits any government agency from issuing central bank digital currencies (CBDCs), citing concerns over potential “absolute control” over personal finances.
Supporting stablecoins as cross-border payment solutions;
Repealing Biden-era policies:
Rescinds the 2022 executive order on cryptocurrency regulation signed by President Biden.
CZ transforms Binance Labs into family office YZi Labs, managing around $10 billion
According to Bloomberg, Zhao Changpeng (CZ), former Binance CEO with an estimated net worth of $70 billion, announced rebranding Binance Labs as YZi Labs and transitioning it into a family office.
YZi Labs currently manages approximately $10 billion in crypto-related assets. Ella Zhang, founding head of Binance Labs, will return to lead the organization. Additionally, YZi Labs will also manage assets belonging to Binance co-founder Yi He.
Glassnode: Bitcoin’s price trajectory mirrors mid-phase of 2015–2018 cycle, suggesting sustained growth trend
According to The Block, Glassnode data shows Bitcoin’s current price movement closely resembles the mid-cycle phase of the 2015–2018 bull run. Data indicates Bitcoin has risen approximately 630% from its 2022 cycle low of $15,000, comparable to the 562% gain seen at the same stage during the prior cycle.
Bitget analysts speculate that if the 2015–2018 cycle repeats, Bitcoin could theoretically reach $1.7 million. However, Bitget Wallet COO Alvin Kan stressed that today’s market environment is fundamentally different due to increased institutional adoption, clearer regulation, and advances in blockchain technology. Marcin Mazmierczak, COO of RedStone Oracles, also noted significant differences, including ETFs, mature DeFi ecosystems, and improved market infrastructure.
Crypto Czar David Sacks: TRUMP coin falls under collectibles category, no concern over conflict of interest
In a Fox Business interview, newly appointed crypto advisor David Sacks detailed three key priorities for the digital asset task force: defining market structure and classifying digital assets, expanding dollar dominance via stablecoins, and evaluating the national digital asset reserve proposal.
Regarding potential conflict-of-interest concerns around the TRUMP meme coin, Sacks said it is akin to collectible baseball cards and poses no issue. He reiterated opposition to CBDCs while supporting stablecoin development, arguing that enhancing the dollar’s digital dominance could generate trillions in demand for U.S. Treasuries, helping sustain debt markets and lower long-term interest rates. On the digital asset reserve plan, Sacks noted it remains under evaluation with no final decisions made.
Trump: I will demand immediate rate cuts
Speaking virtually at the World Economic Forum in Davos, President Trump outlined several domestic and foreign policy initiatives. These include urging Saudi Arabia to increase investments in the U.S. to $1 trillion and pressuring Saudi Arabia and OPEC to lower oil prices. He pledged to ensure secure U.S. energy supplies and continued LNG exports to Europe, while expressing concern over ongoing lawsuits against American tech giants like Apple and Google, describing them as de facto hidden taxes.
On international affairs, Trump criticized EU tariffs and trade practices as unfair to the U.S., demanding swift resolution of trade imbalances. He called on NATO members to raise defense spending to 5% of GDP and announced intentions to facilitate a peace agreement between Russia and Ukraine, promoting stability in the Middle East.
Domestically, Trump proposed immediate interest rate reductions, advocated for a policy recognizing only two genders, and promised the government would cease labeling citizens’ speech as false or misleading. He confirmed border operations have begun, with military deployment underway to assist in “repelling invasion,” firmly stating that U.S. territory must not be violated.
Binance Alpha adds VINE, BUZZ, and BID
App listings show that Binance Alpha has added new tokens VINE, BUZZ, and BID.
Market Data
Suggested Reading
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But BGB allowed you to share in 1,400% gains, enjoy secondary listing benefits as 15 tokens moved first to BG then to BN, and reap countless wealth management rewards—clearly emerging as a frontrunner.
Core Members Depart to Form 'Clone EF' — How Long Can Ethereum Foundation Last?
The Ethereum Foundation (EF) faces widespread criticism over internal opacity, disconnect from the community, and resistance to change. Core developer Eric Conner announced his departure, criticizing EF’s management, budget waste, and inefficiency. Community dissatisfaction continues to grow, with rumors even circulating about forming a “second foundation.” Vitalik responded by promising leadership reforms, though community confidence remains low. Some propose structural improvements to ensure EF’s sustainability. Despite controversies, most agree Ethereum needs more decentralized organizations to drive ecosystem progress.
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Don’t Let Emotions Ruin Your Trading: A Senior Trader’s Guide to Psychological Resilience
This article explores common psychological biases and emotional traps in cryptocurrency trading and provides strategies to overcome them. It emphasizes that successful trading depends not just on IQ or technical analysis, but also on patience, discipline, self-awareness, and mental well-being. By understanding how cognitive biases affect decision-making, traders can manage risk more rationally and improve performance.
This article analyzes the current state of the cryptocurrency market and the development of AI agents (AI Agents), covering market dynamics, project performance, and emerging trends. It highlights high-profile projects such as Fartcoin, Moby, and Orbit, and examines how capital rotation and technological integration are shaping the market.
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