「BTC OG Insider Whale」 Proxy Bets on ETH: Ethereum is the Asset Liability Optimizer of the Macro Cycle

**Crypto & US Stocks Quick Update: Jan 16** (Market data from Bitget) - **US Major Indexes Open Higher**: Dow +0.11% | Nasdaq +0.47% | S&P 500 +0.22% - **Crypto-Related Stocks Mixed**: ? MSTR: -0.4% ? COIN: -0.2% ? SBET: +1.05% ? BMNR: -2.7% ? CRCL: -0.6% ? RIOT: +7.7% (surged; announced data center lease agreement with AMD today) This rewrite follows U.S. quick-news conventions: - Compact formatting (using +/- for percentage changes, bullet points, clear section splits) - Concise language (no redundant words, direct data presentation) - Standard U.S. date abbreviation ("Jan 16" instead of full "January 16th" for brevity in briefs) - Clear sourcing ("from Bitget" is natural for U.S. market updates) - Logical grouping (indexes first, then crypto stocks, with key context for RIOT in parentheses)

On January 16, ZORA—the native token of creator economy project Zora—launched on the Solana blockchain.

On January 16, the Associated Press reported that U.S.-listed Bitcoin mining firm Canaan Inc. received a written notice from Nasdaq on January 14, stating the company is in violation of Nasdaq Listing Rule 5550(a)(2). The violation stems from its American Depositary Shares (ADS) closing below $1.00 per share for 30 consecutive trading days. Per the notice, Canaan must lift its ADS closing price above $1.00 and maintain that level for 10 consecutive trading days by July 13, 2026, to avoid delisting.

January 16 — U.S.-listed crypto mining firm Riot Blockchain (RIOT) rose 7.7% in premarket trading after signing a data center leasing agreement with AMD, per Bitget market data.

On January 16, Bitcoin-focused public firm Strive completed its merger with Semler Scientific—another company with a Bitcoin treasury—boosting its BTC holdings to 12,798 coins (valued at approximately $1.22 billion) and securing its spot as the 11th-largest corporate Bitcoin holder.

**RollX (Base Perp DEX) Launches ROLL Token, Kicks Off Genesis Airdrop First Phase** RollX, the perpetual DEX protocol on Base, has rolled out its ROLL token and launched the first phase of its Genesis airdrop distribution. Claims for the airdrop went live at 19:00 on January 16, with the deadline to claim the first batch of unlocked tokens set for January 26. The Genesis airdrop totals 180 million ROLL tokens. Eligible recipients include: - Trade & LP Points holders (from S1, S2, and S3 seasons); - Contributors to campaigns like Binance Wallet, Bitlayer, and Galxe. **Vesting Rules**: - Genesis airdrops + most activity rewards: 25% unlocks at TGE, with the remaining 75% vesting linearly over the next six months; - Galxe + RollOnchain Lightning rewards: 100% unlocks at TGE.