GasFeeLady

The Fed's next chairman candidate, Harris, responded to concerns about whether he can persuade officials to support his policies, stating that he has the ability to win debates. He believes that current Chairman Powell is too slow in cutting interest rates, and although his stance aligns with Trump, Federal Reserve decisions require a majority vote, which may not be easy to reach consensus on. Additionally, Trump has previously accused the Fed's decisions of having political bias, which is worth noting for its impact on the crypto market.

Recently, nearly 2,000 Bitcoins worth approximately $189 million were transferred from unknown wallets to compliant platforms, attracting market attention. This indicates that institutional investors are adjusting their positions, reflecting increased enthusiasm and participation of traditional funds in Bitcoin.

A global financial giant announced the launch of its tokenization product line, including tokenized money market funds and crypto-friendly ETFs, demonstrating that traditional finance is embracing digital assets. The institution stated that it will gradually increase custody services in response to evolving regulatory environments, reflecting its assessment of market maturity.

The Korea Financial Services Commission plans to set limits on the crypto asset holdings of corporations and professional investors, restricting them to 5% of equity and focusing on the top 20 projects by market capitalization. The goal is to channel funds into Bitcoin and Ethereum while introducing volatility management mechanisms, signaling that Korea is establishing a more cautious institutional participation framework.

The new chairman of the U.S. Commodity Futures Trading Commission, Michael Selig, faces dual challenges in regulating cryptocurrencies and prediction markets. Although he leans toward supporting sports betting, he still needs to address issues such as internal restructuring and legal lawsuits. In the future, the CFTC may seek a balance between protecting retail traders' rights and promoting market innovation, with the specific policy direction still to be observed.

Recently, investors have shifted from sovereign debt to hard asset allocation, driving gold and silver to record highs. Studies show that gold trends typically lead Bitcoin by 4 to 7 months, and the market's positive outlook on Bitcoin is in line with the bullish trend of gold.

Recently, SHIB bulls have reduced circulating supply by burning over 4.37 million SHIB in an attempt to support the price, but it still dropped by 2.11%. Although trading volume increased by 8.08% indicating market enthusiasm, the shrinking open interest in contracts suggests a lack of confidence. Short-term price rebounds should pay attention to the attitude of futures traders.

Recently, a wallet address named "mutualdelta" engaged in a fraudulent activity on the prediction market, betting $40,000 on a US military action against Iran, which all failed. This incident serves as a reminder to exercise caution with unfamiliar "insiders" and high-risk bets in Web3 prediction markets.

London Stock Exchange Group launches Digital Settlement Hub (LSEG DiSH), enabling real-time on-chain and off-chain payment network settlement, supporting multi-currency 24/7 liquidity, emphasizing traditional finance's focus on blockchain settlement efficiency. This move indicates that cross-border payments will accelerate and multi-chain collaboration will become the new standard in financial infrastructure.

The South Korean National Assembly has passed amendments to the Capital Markets Act and the Electronic Securities Act, officially establishing a framework for the issuance of security tokens (STO), introducing distributed ledger technology, allowing the issuance of tokenized securities through electronic registration, and establishing an "Issuance Account Management Agency," expanding the scope of regulation and over-the-counter trading. The amendments will be implemented in phases, providing market participants with time to adapt.

Indonesia's Global Settlement Network has partnered with Globalasia Infrastructure Fund to launch an asset tokenization pilot for water treatment facilities in Jakarta, involving 8 water treatment plants. The project plans to raise $35 million for facility upgrades and water supply expansion. It is expected to generate over $15 million in revenue by the end of 2026, with the goal of expanding to Southeast Asia within the next 12 months, reflecting the growing trend of real-world asset tokenization.

On January 15th, PUMP and FARTCOIN experienced a rapid decline, with the former dropping about 8.4% and the latter falling over 13%. In the liquidation orders for both coins, long positions accounted for nearly 99%. Large whale addresses suffered heavy losses in this round of market movement, with liquidation amounts for PUMP and FARTCOIN approximately $14.32 million and $11.16 million respectively. Market volatility remains severe.

Today, the crypto market experienced a clear correction, with the AI sector dropping as much as 3.29%. However, Bitcoin defied the trend and rose by 1.39%, while Ethereum slightly declined by 0.05%. Other sectors performed variably, with individual coins like Zcash, River, and Dash bucking the trend and rising, resulting in an overall market correction pattern.

Bitcoin price recently surged to $95,000, with a short-term increase of 5%, driving the total market capitalization of the crypto market up by 4.45%. US CPI data met expectations, hinting that the Federal Reserve may cut interest rates. The improved policy environment boosts investor confidence, with strong spot demand fueling a bullish sentiment for the future.

The Zcash Foundation announced that the U.S. SEC has concluded its investigation, confirming that no enforcement action will be taken, marking a shift in the regulatory attitude towards cryptocurrencies in the United States. In recent years, the SEC has gradually withdrawn enforcement actions against multiple crypto projects, and the current chair is pushing for a new regulatory framework. Meanwhile, the Zcash ecosystem experienced the resignation of the entire core team, but the foundation emphasized that the independence of the Zcash protocol and network remains unaffected.

A Federal Reserve regional president has criticized cryptocurrencies, calling them a "farce" and a "huge trash can." He believes there is a significant amount of fraud in the market, investors are suffering losses, and he is skeptical about the actual trading demand for cryptocurrencies. For crypto market participants, these views and SEC's regulatory measures are worth paying attention to.