Binance is exploring bringing stock tokens back to its platform after discontinuing the product in 2021, The Information reports. The exchange launched stock token trading in April 2021 with Tesla shares and expanded to Coinbase, MicroStrategy, Microsoft and Apple—offering blockchain-based tokens that track publicly listed stocks in real time with fractional exposure—before shutting the service that July following scrutiny from the UK's FCA and Germany's BaFin over securities law compliance. OKX global managing partner Haider Rafique said OKX is monitoring the segment, while the NYSE and Nasdaq are seeking regulatory approval to launch similar products. A Binance spokesperson said assessing stock token feasibility is a natural step in linking traditional finance with crypto, but legal barriers remain: stock tokens are among unresolved issues in a pending U.S. crypto market structure bill that could delay such offerings, which Coinbase CEO Brian Armstrong has opposed while urging the SEC to exempt certain issuances from standard securities rules.

Crypto liquidations reached $149 million in the past hour on Jan. 24, with longs at $2.74 million and shorts at $146 million, Coinglass data show. Across 24 hours, 105,156 traders were liquidated, totaling $303 million. The largest single liquidation was on Hyperliquid ETH-USD at $30.38 million.

Bitcoin rose above $91,000 on Jan. 24, gaining 2.1% in 24 hours, HTX data show. Ethereum crossed $3,000, up 1.96% over the same period.

The U.S. Dollar Index (DXY) fell below 98 on Jan. 24, marking its first break under this level since Dec. 30, BlockBeats reports. The index was down 0.30% on the day.

Machi deposited another 250,000 USDC to Hyperliquid on Jan. 23 to add to its ETH long position, Lookonchain data show. The position now stands at 4,450 ETH (worth approximately $12.94 million) with a liquidation price of $2,841.97.

Huang Licheng, also known as "麻吉大哥", reduced an ETH long position on Jan. 23 while still holding a 25x leveraged long of 3,600 ETH worth about $10.49 million, Hyperinsight data cited by BlockBeats show. The position was opened at an average entry price of $2,945.42 with an unrealized loss rate of 28%, translating to roughly $110,000 in paper losses and a liquidation price set at $2,880.36.

Standard Chartered's Geoff Kendrick said going long ETH and BitMine (BMNR) into the weekend offers favorable risk/reward, CoinDesk reports. He noted ETH traded around $2,912 in Friday U.S. morning trading, down approximately 12% on the week. Kendrick cited higher Ethereum transactions following the December Fusaka upgrade, plus removal of Greenland tariff risk and a rebound in Japan's bond market.

Ethereum consensus layer core developers may need to significantly scale down the Glamsterdam upgrade to meet a mid-year rollout, Christine D. Kim summarized on X from the 173rd meeting on January 23, BlockBeats reports. If EIP-7732 fails to deliver an interoperable version by the end of February, it will be considered for removal from Glamsterdam and deferred to a future hard fork. Consensys Teku client found node performance issues during mainnet stress testing, which are affecting progress. The discussion also noted that EIP-7928 requires small-scale client API review, Headliner EIP proposals for the Hegota upgrade are due by February 4, and some client teams have completed preliminary EIP-7688 library update work.