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Foresight News reported, according to Cointelegraph, that Dubai Insurance has launched a cryptocurrency-supported digital wallet, allowing policyholders to pay insurance premiums and receive claim settlements using digital assets. This wallet was developed in collaboration with Zodia Custody and is built on its institutional-grade custody infrastructure. It is the first such insurance service to operate within the existing regulatory and compliance framework in the UAE. Dubai Insurance was established in 1970 and provides general and life insurance products throughout the UAE. The company has not yet disclosed which digital assets will be supported initially, nor has it clarified whether the wallet will be applied to all of its insurance products.

BlockBeats News, January 29, Blockworks analyst shaunda devens posted on social media, stating, "Hyperliquid has quietly achieved the deepest top-tier order book liquidity in the crypto market. Within ±1 basis point (bps) of the mid-price, Hyperliquid's BTC order book depth reaches $3.1 million, while an exchange is at $2.3 million. A similar situation is observed in the HIP-3 silver market: at the tightest spread, Hyperliquid's order book depth is $33,000, and an exchange is at $24,000."

BlockBeats News, January 29th, according to GMGN monitoring, the on-chain Meme coin BP's market cap sharply fell after reaching $10 million, with the current market cap around $5.4 million, priced at $0.0054, a 150% increase in 24 hours, with a trading volume of around $5 million. The token, after related images were posted by a new account Barking Puppy (X: BPuppy80020) suspected to be operated by Keith Gill, was seen by the community as a "strong signal." FOMO sentiment drove the market cap to quickly spike to $10 million in about ten minutes. The account became active shortly after the minting of the Meme coin BP, and Kevin Gill had added related links to his Instagram bio about a week ago, which the community saw as a "deliberate arrangement" due to a timeline coincidence, enhancing market speculation about its association with "Roaring Kitty," thereby amplifying this short-term pump effect. BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and hype, with no actual value or use case. Investors should be aware of the risks.