Weekly Preview | Trump officially takes office as President of the United States; ANIME and Orbiter Finance conduct TGE
Reprinted from panewslab
01/19/2025·4days agoImportant news preview:
- Trump will be officially sworn in as President of the United States at 1 a.m. Beijing time on the 21st
- South Korea’s FIU will review Upbit’s alleged KYC violations on January 21
- Fasttoken (FTN) will unlock approximately 20 million tokens at 8 a.m. Beijing time on January 21, accounting for 4.67% of the current circulating supply and worth approximately US$76.2 million.
- Orbiter Finance will conduct TGE of OBT token on January 20th
- Azuki founder says ANIME token will undergo TGE on January 23
- The Bank of Japan will decide whether to raise interest rates at its January 23-24 meeting
- Immutable (IMX) will unlock approximately 24.52 million tokens at 8 a.m. Beijing time on January 24th, accounting for 1.43% of the current circulating supply and worth approximately US$29.9 million.
- AltLayer (ALT) will unlock approximately 240 million tokens at 6 pm Beijing time on January 25th, accounting for 10.39% of the current circulating supply and worth approximately US$21.8 million.
January 20
Policy supervision:
U.S. SEC Chairman Gary Gensler will officially step down from office on January 20, 2025
SEC Chairman Gary Gensler will officially step down at noon on January 20, 2025. Since taking office on April 17, 2021, Gensler has promoted a number of important reforms including capital market efficiency, flexibility and integrity. During his tenure, the SEC completed thousands of enforcement actions, recovered approximately $21 billion in fines, and returned $2.7 billion to injured investors.
Gensler has significant enforcement efforts in the field of cryptocurrency, taking actions against false transactions, registration violations, etc. According to SEC data, approximately 18% of reports in fiscal year 2024 were related to cryptocurrency. In addition, he pushed for a number of rule reforms, including shortening the stock settlement cycle to one day, enhancing cyber and climate risk disclosures, and increasing oversight of investment advisers.
In addition, several senior officials including Megan Barbero, the SEC’s general counsel, will step down on January 20 .
Sources said Trump does not plan to attend the World Economic Forum in Davos but may deliver a video speech. It is reported that the 2025 World Economic Forum Annual Meeting will be held in Davos, Switzerland from January 20 to 24. The theme of this conference is "Collaboration for the Intelligent Age" and will focus on key issues such as rebuilding trust, reshaping growth, investing in talent, and protecting the planet.
Exchange:
OKX Jumpstart will launch ANIME (Animecoin) staking mining on January 20
The OKX Jumpstart staking mining activity will start at 14:00 (Beijing time) on January 20, 2025. OKB and BTC holders can mine ANIME tokens in return by staking OKB and BTC. The event will last until 14:00 on January 23. The total OKB prize pool for this event is 53,333,334 ANIME, and the total BTC prize pool is 26,666,666 ANIME. There is no minimum limit for personal staking. The upper limit for OKB staking is 600 OKB and the upper limit for BTC staking is 0.3 BTC. Staking and unstaking are supported at any time. ANIME token is expected to be launched for online trading on January 23, and the specific time will be notified separately. Note: Hong Kong and South Korea are not eligible for this event.
Project updates:
Orbiter Finance: OBT tokens will undergo TGE on January 20, 22% will be used for the initial airdrop
Layer 2 cross-chain protocol Orbiter Finance announced on the X platform that it will launch OBT tokens, and TGE will be held on January 20, 2025. OBT is the protocol's ERC-20 governance and utility token and will be launched on Ethereum, Arbitrum and Base with a total supply of 10 billion and a circulating supply of 2.8 billion (28%) at TGE.
Regarding token distribution, the community allocation accounts for 40%, of which 22% will be distributed to Orbiter users as an initial airdrop, and 3% will be airdropped to eligible users every month for 6 months. The ecosystem and growth allocation accounts for 20%, of which 2.5% will be unlocked in TGE. The allocation ratio of the Orbiter Foundation is 15%, of which 3.5% will be unlocked at TGE and the remainder will vest in monthly increments within 23 months. The allocation proportion to the team and contributors is 15%, and the allocation proportion to investors is 10%. In addition, on-chain governance will be opened in February 2025.
Token Unlocked:
ApeX (APEX) will unlock approximately 10 million tokens at 8 a.m. Beijing time on January 20th, accounting for 18.71% of the current circulating supply and worth approximately US$15.9 million.
Tribal Token (TRIBL) will unlock approximately 9.6 million tokens at 8 a.m. Beijing time on January 20th, accounting for 6.11% of the current circulating supply and worth approximately US$2.4 million.
January 21
Policy supervision:
Donald Trump (Trump) will be officially sworn in as the 47th President of the United States at 12:00 EST on January 20th (Beijing time: 1:00am on the 21st). Inauguration Day includes a formal swearing-in ceremony, musical performances, a celebratory parade and a series of formal balls. Vice President-elect JD Vance will also be sworn in, take the stage with Trump, and officially begin to take charge of the new government. Later in the day, Trump will attend three inaugural balls - the Commander-in-Chief's Ball, the Liberty Inaugural Ball and the Starlight Ball. He is expected to speak on all three occasions. Sources say Trump may introduce at least one crypto-friendly policy on his first day in office .
Exchange:
South Korea’s FIU will review Upbit’s alleged KYC violations on January 21
The Financial Information Unit (FIU) of the Korea Financial Commission plans to convene a sanctions review committee against Upbit on January 21. This is due to issues related to violations of customer identification (KYC) obligations that were previously discovered during on-site inspections of virtual asset service providers (VASPs) to renew their registrations. The outcome of the review may involve the determination of penalties and fines for Upbit employees. Industry insiders expect that after this sanctions review, the updated registration process for virtual asset service providers will be gradually advanced. Upbit's registration update, which was originally scheduled to be completed in October last year, was delayed due to this incident, and the results are still awaited.
Project updates:
MicroStrategy shareholders will vote on plan to increase stock issuance on January 21
MicroStrategy Inc.’s Michael Saylor may soon have nearly as many common shares outstanding as market giants Amazon.com Inc. and Alphabet Inc. to fund the company’s massive Bitcoin purchases. Analysts expect MicroStrategy to easily pass a company-sponsored proposal to increase the number of authorized Class A common shares from 330 million to 10.3 billion when shareholders vote on January 21. Saylor controls about 47% of the voting rights. That would put MicroStrategy's outstanding shares on track to surpass every company in the Nasdaq 100 except Nvidia, Apple, Alphabet and Amazon. The company's shareholders are also expected to pass an amendment on January 21 to increase the number of authorized preferred shares from 5 million to 1 billion. According to the proxy document, MicroStrategy plans to use the additional shares to fund private transactions of Class A shares, conduct a market sale equity offering and settle redemptions or conversions of convertible notes. The shareholders' meeting will be held on Tuesday, January 21, at 10 a.m. New York time.
Token Unlocked:
Fasttoken (FTN) will unlock approximately 20 million tokens at 8 a.m. Beijing time on January 21st, accounting for 4.67% of the current circulating supply and worth approximately US$76.2 million.
January 22
Exchange:
OKX will start J (Jambo) spot trading on January 22
OKX will soon launch J (Jambo). According to the official introduction, Jambo uses JamboPhone as the starting point and is committed to building the world's largest mobile encryption network. The specific schedule is as follows: 1. J call auction time period: 6:00 pm to 7:00 pm on January 22, 2025 (UTC+8); 2. J/USDT spot trading opening time: pm on January 22, 2025 7:00 (UTC+8); 3. J Open withdrawal time: 6:00 pm (UTC+8) on January 23, 2025.
Bybit, Gate.io and BingX will start N3 (Network3) spot trading on January 22
The decentralized Edge AI infrastructure platform Network3 will simultaneously launch spot trading of token $N3 on the three exchanges Bybit, Gate.io and BingX at 8:00 on January 22, 2025 (UTC). Network3 successfully completed pre-seed & seed round financing of US$5.5 million on July 23, 2024. Investors include Borderless, EV3 Labs, loTex, SNZ, Bing Ventures, Waterdrip Capital, Web3Port Foundation and many other well-known venture capital institutions.
Calamos to launch Bitcoin ETF with downside protection on January 22
Calamos Investments is launching a Bitcoin ETF with 100% downside protection. According to information released by the company, the ETF, called CBOJ, will debut on the Chicago Board Options Exchange on January 22 and is designed to solve the problem of Bitcoin. addresses the currency’s volatility issues while providing growth potential. According to reports, U.S. Treasury bonds are combined with options linked to the CBOE Bitcoin U.S. ETF Index to achieve this protection. This structure provides a regulated and transparent way to gain exposure to Bitcoin while minimizing risk.
Binance announced that it will automatically settle the REEFUSDT USDⓈ-M perpetual contract at 17:00 on January 22, 2025 (Beijing time), and will officially delist the contract after the settlement is completed. In addition, Binance has adjusted the leverage and margin levels of this contract at 15:30 on January 15, 2025 (Beijing time), and existing positions will not be affected. The announcement shows that starting from 16:30 on January 22 (Beijing time), users will not be able to open new REEFUSDT contract positions. Binance recommends users to close relevant positions before delisting to avoid risks caused by automatic settlement.
Project updates:
Re-staking platform Swell will open for applications on January 22
Re-staking platform Swell announced that the Wavedrop 2 checker is now online, and users are now able to check the rewards they can claim in Wavedrop 2. Swell also said that applications are expected to be opened on January 22, and Wavedrop 1 applications will also be reopened on Swellchain at the same time. It has been temporarily suspended to facilitate migration from the main network.
Community activities:
The results of the fifth annual PANews PARTY AWARD will be announced on January 22
The PANews PARTY AWARD 2025 selection event will start online voting from December 18, 2024 to January 17, 2025, which will last for 30 days. Nearly 300 projects and individuals have entered the voting stage of this selection through data screening, public registration and community recommendations. 22 authoritative annual awards will be selected, and the final results will be announced on January 22.
PARTY means PANews' Restropect of The Year (PANews annual tribute). The event has been held for five consecutive years, attracting active participation from Web3 entrepreneurs and high-quality projects around the world. This year's selection will use "Becoming Mainstream" as its theme, aiming to discover and commend those Web3 projects, teams and individuals that continue to build and strive to bring the industry into the mainstream. Click on the original link or the image below to participate in voting.
Token Unlocked:
Metars Genesis (MRS) will unlock approximately 10 million tokens at 8 a.m. Beijing time on January 22, accounting for 11.87% of the current circulating supply and worth approximately US$31.4 million.
Ethena (ENA) will unlock approximately 12.86 million tokens at 3:00 pm on January 22, Beijing time, with a ratio of 0.42% to the current circulating supply and a value of approximately US$10.8 million.
SPACE ID (ID) will unlock approximately 18.49 million tokens at 8 a.m. Beijing time on January 22, accounting for 4.29% of the current circulation and worth approximately US$7.5 million.
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 a.m. Beijing time on January 22, accounting for 0.55% of the current circulating supply and worth approximately US$3.6 million.
January 23
Macro:
Overnight index swap trading on Friday showed a 99% chance that the Bank of Japan would raise interest rates at its Jan. 23-24 meeting, up from 71% on Wednesday.
Exchange:
Upbit will delist Bitcoin Gold (BTG) on January 23
Upbit will end trading support for Bitcoin Gold (BTG) at 14:30 local time on January 23, 2025. It is reported that Upbit previously designated BTG as a cautious trading project on December 10, 2024.
Project updates:
Azuki founder says ANIME token will undergo TGE on January 23
According to a post forwarded by Azuki founder Zagabond, Animecoin (ANIME)’s TGE (Token Generation Event) will be launched on January 23. Previously, in April last year, it was reported that Arbitrum and Azuki jointly launched AnimeChain, a blockchain-based animation network. It was reported in January this year that ANIME tokens will be launched on Ethereum and Arbitrum in January 2025, with 50.5% allocated to the community.
Token Unlocked:
Murasaki (MURA) will unlock approximately 20 million tokens at 8 a.m. Beijing time on January 23, accounting for 34.84% of the current circulating supply and worth approximately US$13 million.
Karrat (KARRAT) will unlock approximately 11.25 million tokens at 8 a.m. Beijing time on January 23, with a ratio of 6.01% to the current circulating supply and a value of approximately US$3.2 million.
Coin98 (C98) will unlock approximately 16.53 million tokens at 7 pm on January 23, Beijing time, with a ratio of 1.85% to the current circulating supply and a value of approximately US$2.3 million.
MMX (MMX) will unlock approximately 1.67 million tokens at 8 a.m. Beijing time on January 23, with a ratio of 1.10% to the current circulating supply and a value of approximately US$2.15 million.
January 24
Exchange:
Coinbase will suspend FTM-PERP trading on January 24th and liquidate all open positions
According to the Coinbase International Exchange announcement, FTM-PERP trading will be suspended on the Coinbase International and Coinbase Advanced platforms around 18:30 (Beijing time) on January 24, 2025. The final funding rate before the suspension will be set to zero, and the final settlement price will be calculated based on the average index price 60 minutes before the trading suspension. All open positions will be automatically settled when trading is suspended, and Coinbase reserves the right to suspend trading at any time and adjust the final settlement price to a reasonable level. Users need to manage their funds and positions well in advance to cope with the impact of trading suspension.
Token Unlocked:
Immutable (IMX) will unlock approximately 24.52 million tokens at 8 a.m. Beijing time on January 24th, accounting for 1.43% of the current circulating supply and worth approximately US$29.9 million.
Hooked Protocol (HOOK) will unlock approximately 4.17 million tokens at 8 a.m. Beijing time on January 24th, accounting for 1.89% of the current circulating supply and worth approximately US$1.4 million.
January 25
Project updates:
Pump Science to launch mouse experiments on URO and RIF on January 25
According to the Pump Science roadmap, it will launch mouse experiments on URO and RIF on January 25, 2025; it will launch new compounds in cooperation with VitaDAO on February 25; the supplement booking and market platform will be launched on March 25; On April 25, decentralized human trials will be carried out and decentralized compound release will be launched; on May 25, relevant experiments will be expanded.
Token Unlocked:
AltLayer (ALT) will unlock approximately 240 million tokens at 6 pm Beijing time on January 25th, accounting for 10.39% of the current circulating supply and worth approximately US$21.8 million.
Venom (VENOM) will unlock approximately 33.76 million tokens at 4:00 pm Beijing time on January 25th, with a ratio of 1.76% to the current circulating supply and a value of approximately US$1.35 million.
January 26
Policy supervision:
Texas senator plans to use CRA to challenge IRS crypto tax rules next week
Republican Senator Ted Cruz from Texas plans to use the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. The move was seen not just as a procedural tactic but as a principled stance against the expansion of government power into free enterprise and technological innovation. The regulation drew heavy criticism from the cryptocurrency industry, which decried it as arbitrarily expanding the scope of the term “broker.” This overreach misrepresents the decentralized nature of these platforms, stifles the spirit of innovation, and punishes those who dare to challenge traditional systems. In December, three advocacy groups filed a lawsuit against the regulation, exposing its heavy compliance burden.
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