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According to Odaily, the yield on South Korea's 3-year government bonds rose by 10.7 basis points to 3.108%, reaching a new high since August 2024. (Golden Ten Data)

 according to Bloomberg, that Bank of England Deputy Governor Dave Ramsden stated that the UK may need to provide a protection mechanism for stablecoin deposits similar to bank deposit guarantees. Ramsden pointed out that the central bank is considering how to maintain public trust in the currency in the event of a collapse of a systemically important stablecoin. He suggested that long-term trust in stablecoins may require the establishment of a scheme similar to bank deposit insurance, and to ensure that stablecoin holders have priority creditor status in bankruptcy proceedings under statutory liquidation arrangements. Ramsden's remarks indicate that the Bank of England may extend the current protections for bank deposits to widely used stablecoins. The Bank of England has raised the protection limit for regular cash deposits by the British public from £85,000 to £120,000 to guard against bank failures. The Bank of England plans to implement stablecoin regulatory rules by the end of the year.

BlockBeats News, January 15, cryptocurrency data platform CryptoQuant stated that the open interest in the bitcoin derivatives market has continued to decline over the past three months, and the market leverage level has gradually decreased, creating conditions for the overall market structure to turn bullish. Since October last year, open interest (OI) in bitcoin derivatives has dropped by 31%, which is considered a "deleveraging signal" that helps eliminate excessive leverage accumulated in the market. The platform cited the view of crypto analyst "Darkfost": "Historical data shows that such deleveraging phases often mark the formation of significant bottoms, effectively resetting the market structure and laying a more solid foundation for a potential bull market recovery." The analyst believes that this pattern may be repeating now, but also added that if bitcoin continues to decline and fully enters a bear market, "open interest may shrink further, indicating a deeper deleveraging adjustment and a continuation of the correction trend."