Recently, the crypto market has been quite active with a lot of information. Here are the top three most noteworthy updates.

First, regarding trading pairs. A major exchange will delist several spot trading pairs today (January 16) at 11:00, including ARB/FDUSD, APE/FDUSD, ORDI/FDUSD, OP/FDUSD, and ZBT/BNB. Although the number seems significant, it’s mainly routine liquidity optimization, not indicating any issues with these tokens. Short-term traders who frequently use FDUSD for trading might experience some impact, potentially causing some volatility.

On the ZEC front, there is a major positive development. The SEC has officially dropped its investigation into privacy coins, which is a significant legal relief for Zcash. Although there was some trouble from the ECC team recently, this news helps offset much of the negative sentiment. Currently, ZEC is showing strong resistance around $410, and the community is once again discussing Arthur Hayes’s previous target of $1,000.

There’s also progress on the policy front. The U.S. Senate’s cryptocurrency hearing originally scheduled for January 15 has been postponed to the end of January, as the Senate says it needs more time to hear from industry giants. While the delay might seem a bit frustrating, the market interprets it as “no bad news is good news,” and many see it as a positive signal for policy friendliness.