News

According to Odaily, Genius has announced that starting from 19:30 on January 17, 2026 (Saturday), Eastern Time, Genius dynamic points distribution will be suspended, and the platform will transition to a retrospective points system. The specific rules will be announced soon. Genius stated that points earned by users through trading will continue to be retained in their accounts, but referral points abused by bot farms will not be preserved. The first round of retrospective points activities will begin at 16:00 on January 19 (Eastern Time, UTC+8). In addition, Genius confirmed that its airdrop whitepaper will be officially released on January 18.

According to Odaily, Patrick Witt, head of the White House Crypto Committee, stated that the United States is still advancing the establishment of a Bitcoin strategic reserve, but some "relatively obscure legal provisions" are slowing down the process. Currently, multiple government agencies, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), are discussing legal and regulatory authority issues related to the Bitcoin strategic reserve. Witt pointed out that while the arrangements may appear straightforward on the surface, differences in statutory authority among various agencies make the implementation process complex. These issues are still being coordinated, and the Bitcoin strategic reserve remains a current policy priority. Previously, Trump signed an executive order in March 2025 to establish a "Strategic Bitcoin Reserve" and a "Digital Asset Reserve Pool." However, the order only allows BTC obtained through judicial forfeiture to be included in the reserve and does not authorize the government to purchase Bitcoin on the open market, which has caused dissatisfaction among some members of the Bitcoin community. Cointelegraph noted that despite policy controversies, the U.S. government is still exploring potential implementation paths that are compliant and do not increase the fiscal deficit. (Cointelegraph)

BlockBeats News, January 18th, X Product Lead and Solana Ecosystem Advisor Nikita Bier stated that X's Smart Asset Tags use an API that can almost in real time process any on-chain minted content, allowing for querying of some low market cap crypto assets not yet listed on mainstream trading platforms without needing to switch to a DEX.