Announcements Gate Research: Crypto Market Rally Triggers Nearly $700M in Short Liquidations | Vitalik Buterin Highlights Flaws in Decentralized Stablecoins

Gate Research: Crypto Market Rally Triggers Nearly $700M in Short Liquidations | Vitalik Buterin Highlights Flaws in Decentralized Stablecoins

2026-01-15 08:50:09 UTC 10091 Read

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* Market Commentary: Bitcoin has rebounded above the $96,000 level and continues to trade steadily within an ascending channel. Ethereum has broken through the key resistance at $3,300 and remains in a high-level consolidation phase.
* Key Highlights: Zcash Foundation: The SEC has concluded its multi-year investigation without taking enforcement action; a key supporter has seen a change in position, and the U.S. Senate Banking Committee has canceled the amendment hearing for the CLARITY Act; Federal Reserve officials have jointly defended policy independence while signaling a pause in rate cuts.
* This Week’s Focus: Bitcoin and Ethereum both staged strong breakouts, triggering nearly $700 million in short liquidations; Vitalik Buterin pointed out structural flaws in decentralized stablecoins, while turmoil at Zcash and concerns over quantum computing drew market attention; Metaplanet is just one step away from restarting equity issuance to fund further Bitcoin purchases.
* Looking Ahead to Next Week: ONDO, TRUMP, and ZRO are set to unlock approximately $778 million, $278 million, and $42.42 million worth of tokens respectively over the next seven days, representing 61.4%, 25.0%, and 12.6% of their circulating supply, which may put short-term pressure on prices.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-crypto-market-rally-triggers-nearly-700m-in-short-liquidations-vitalik-buterin-highlights-flaws-in-decentralized-stablecoins/15710" target="_blank">Gate Research: Crypto Market Rally Triggers Nearly $700M in Short Liquidations | Vitalik Buterin Highlights Flaws in Decentralized Stablecoins</a>

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Gate Research: Crypto Market Rally Triggers Nearly $700M in Short Liquidations | Vitalik Buterin Highlights Flaws in Decentralized Stablecoins

Gate Research: Crypto Market Rally Triggers Nearly $700M in Short Liquidations | Vitalik Buterin Highlights Flaws in Decentralized Stablecoins

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