Cryptocurrency Morning Report: US Inflation Data Surpasses Expectations and Shows Improvement, Uniswap Plans to Burn Millions of Tokens and Launch Fee Switch Activation Plan

Positive Signals from Macroeconomic Front

The latest US economic data has been released, bringing surprises to the market. According to statistics, last week the number of initial unemployment claims in the US was 2.24 million, below the expected 2.25 million. More notably, the November CPI data showed an annual rate of only 2.7%, well below the market expectation of 3.1%.

The White House economic advisory team expressed satisfaction with this report. A senior official responsible for economic policy stated that the report “performed surprisingly well.” He pointed out that the US economy has achieved the dual goals of high growth and low inflation, with employee wages increasing faster than prices, which means ordinary taxpayers may enjoy significant tax benefits next year. Additionally, he emphasized that the Federal Reserve has “ample room” to cut interest rates.

Regulatory Authorities Release Crypto Asset Guidelines, ATS Framework Gradually Improving

The Trading and Markets Department under the US Securities and Exchange Commission recently published a FAQ on crypto assets and distributed ledger technology to provide compliance guidance for market participants.

The guide covers five key areas: First, for non-security crypto assets, broker-dealers are not required to follow specific custody rules, but if security-type crypto assets are involved, appropriate control mechanisms must be established. Second, if crypto assets are not registered under the Securities Act, investor protection agencies do not provide protection, and it is recommended to store them as “financial assets” properly.

Third, regarding ATS (Alternative Trading System) operations—exchanges and alternative trading platforms can offer trading pairs of “security-type crypto assets/non-security assets,” but must meet strict regulatory requirements and disclosure standards. Fourth, transfer agents and distributed ledger technology applications must comply with federal record-keeping and supervision requirements. Fifth, registered broker-dealers operating ATS can settle client trades independently without additional registration as clearing agencies.

Uniswap Launches “Unified Proposal,” One Million UNI Tokens to Be Burned Soon

Uniswap founder recently announced that the “Unified Proposal” has entered the final governance voting stage. Voting will commence at 22:30 ET on December 19 and end on December 25.

If approved, three major measures will be implemented after a two-day freeze period. First, 100 million UNI tokens will be burned. Second, a fee switch mechanism will be launched in Uniswap v2 and v3 mainnet versions, and the UNI tokens generated and fees from Unichain will be included in the burn scope. Third, Uniswap Labs will maintain alignment with Uniswap governance through protocols compliant with Wyoming law (DUNA).

As of the latest data (January 12, 2026), UNI’s trading price is $5.31, down 2.90% in 24 hours. The advancement of this proposal marks further deepening of governance within the Uniswap ecosystem.

Multiple On-Chain Financial Innovation Initiatives Simultaneously Advancing

In the Solana ecosystem, Bitwise has submitted Form S-1 to the US SEC, preparing to launch a spot ETF tracking Sui asset value, with assets custodied by Coinbase Custody, and some assets will be used for staking.

Tether’s CEO shared a community analysis article, announcing the final release of the Pear operating system, along with the launch of PearPass, a decentralized password management tool aimed at reducing user risk of crypto information leaks.

In Hong Kong, Standard Chartered Bank and Ant International collaborated to tokenize HKD, RMB, and USD accounts on the AntChain financial management platform “Whale Platform,” under the supervision framework of the Hong Kong Monetary Authority and supported by the Ensemble project. This solution enables Ant International entities to adopt a new financial management model supporting real-time cross-currency transfers 24/7.

Forward Industries (a NASDAQ-listed company) announced that its SEC-registered stock is now on the Solana blockchain, available to qualified investors via the Superstate platform. Investors can use tokenized stocks as collateral to obtain stablecoin loans, achieving on-chain liquidity while maintaining exposure to the underlying equity.

Institutional Capital Continues to Boost Crypto Ecosystem

Intercontinental Exchange (parent company of NYSE) is negotiating investments with crypto payment company MoonPay. MoonPay is about to complete a new funding round with a valuation of approximately $5 billion, with ICE’s investment part of this round.

NASDAQ-listed VivoPower, through its digital asset division Vivo Federation, has partnered with Korean asset management firm Lean Ventures to raise $300 million to purchase Ripple Labs equity, serving Korean institutions and qualified retail investors. Based on the current XRP price ($2.04), this investment will indirectly expose about 450 million XRP tokens, worth approximately $900 million. VivoPower has obtained Ripple’s authorization to purchase the first batch of preferred shares and is in talks with existing institutional holders for further acquisitions.

Solana ecosystem DePIN project Fuse Energy completed a $70 million Series B funding round led by Lowercarbon Capital and Balderton Capital, with the company valued at $5 billion.

Market Observation

Ethereum (ETH) is currently trading at $3.07K, down 0.69% in 24 hours. Amid market volatility, investors are closely watching the voting results on the fee switch for Uniswap, which will reshape the protocol’s economic model. Meanwhile, collaborations between multiple public chains and traditional financial institutions continue to deepen, indicating that the crypto asset ecosystem is moving toward greater maturity.