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.

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.

Ethereum fell below $2,900 on Jan. 23, declining 1.8% over 24 hours, HTX data show. The price slipped under the $2,900 mark during the session.

Grayscale filed an application for a spot BNB exchange-traded fund on Jan. 23, BlockBeats reports. The filing represents Grayscale's effort to bring a BNB-based spot ETF product to market.

Address 0x8ec…F2626 redeemed 6,300 ETH from Renzo over a five-hour period and transferred the tokens to Coinbase, worth $18.63 million, on-chain data show. BlockBeats reports the transaction was flagged by on-chain analyst Ai 姨 (@ai_9684xtpa).

Validatorqueue data show 3,068,886 ETH worth about $8.98 billion are queued to join the Ethereum PoS network as of January 23, the highest level since July 2023, with an estimated activation delay of roughly 53 days and 7 hours. The rise, which began on December 26, 2024, is mainly attributed to large-scale staking by Ethereum treasury firms and institutions such as BitMine, which has staked a total of 1,943,200 ETH valued at around $5.69 billion, on-chain data show. The Ethereum PoS exit queue has been cleared, and there are currently no large-scale redemptions from staking.

Binance Alpha listed SPACECOIN (SPACE) on Jan. 23 at $0.015, with a market capitalization of $33 million, BlockBeats reports. Eligible users can claim an airdrop of 6,720 SPACE, worth approximately $100 at the current price.

Binance Alpha will list SPACECOIN (SPACE) on January 23, with Alpha trading to begin at 18:00 UTC+8, BlockBeats reports. Users holding at least 227 Alpha points can claim an airdrop of 6,720 SPACE tokens on a first-come, first-served basis. If the campaign remains active, the qualifying points threshold will decrease by 5 points every five minutes.