Space, Solana's first leveraged prediction market, has raised $18.2M+ with 729%+ oversubscription, as whales added $2.2M in the past hour alone.

Per official sources, OKX will launch the FUNUSDT perpetual contract on Jan 17, 2026, at 11:00 AM UTC+8 (Beijing Time) across its web platform, mobile app, and API.

As of January 17, per alternative data, the crypto Fear & Greed Index stands at 50—up from 49 yesterday—keeping the market in **Neutral** territory. Note: The index ranges from 0 to 100, with components including: - Volatility (25%) - Market Volume (25%) - Social Media Sentiment (15%) - Market Surveys (15%) - Bitcoin Market Dominance (10%) - Google Trends Analysis (10%)

January 17th: Onchain Lens data shows two wallets tied to the same whale deposited $7.9 million in USDC into HyperLiquid and placed limit orders to go long on ETH and ADA. Breakdown: - Wallet 0x8Fc has limit orders: buy ETH at $3267.2–$3275.7; buy ADA at $0.3851–$0.3888. - Wallet 0xCe8 has a limit order to buy ETH at $3267.3–$3273.5.

January 17: Crypto journalist Eleanor Terrett tweeted that a source close to the Trump administration says the White House will consider fully withdrawing support for the cryptocurrency market structure bill if Coinbase does not return to negotiations to resolve a revenue issue that meets banking requirements and fosters industry consensus. The White House was reportedly angered by Coinbase’s "unilateral" move Wednesday—saying it was not informed in advance and describing the action as a "sucker punch" to the White House and other industry players. The source added the White House believes one company cannot represent the entire industry. "Ultimately, this is President Trump’s bill—not Coinbase CEO Brian Armstrong’s," the source stated. BlockBeats previously reported that Coinbase CEO Brian Armstrong announced on January 15 that Coinbase will not support the current version of the bill ahead of the Senate Banking Committee’s upcoming markups and vote on comprehensive crypto le

January 17: Backpack founder and CEO Armani Ferrante took to social media to say many projects billing themselves as "next-gen internet finance" are actually severely limited in functionality, have worse user experiences, higher fees, and weaker security. Some tokens are effectively stocks—but lack dividends, voting rights, or SIPC (Securities Investor Protection Corporation) insurance. Some projects act like banks, yet don’t support direct deposits, check writing, payroll processing, or transfers to other accounts. They charge investors multiple layers of fees, offer no investor protection, and expose users’ personal data publicly.

On January 17, monitoring data from Hyperinsight reveals that the "Strategy Whale"—the second-largest ETH long position address on the Hyperliquid platform—added $127 million to its long positions at a recent low 10 hours ago. The whale increased its ETH long position by 9,890 coins and its BTC long position by 1,018.97 coins. Its total position is now valued at $449 million, with an unrealized loss of $3.42 million.