This week (January 19 to January 23), the global political and economic stage will witness a series of key events, from Trump returning to the Davos forum, to the release of inflation data that the Federal Reserve is watching, to token splits, airdrops, and auctions within the cryptocurrency industry, making it a week full of highlights. Here is a summary of the daily news.
January 19 (Monday): Davos restarts with token splits
Trump returns to Davos leading a delegation
● After six years, U.S. President Trump will once again appear at the World Economic Forum (Davos).
● According to the forum organizers, Trump will deliver a highly anticipated speech at this year's annual meeting. More than 60 heads of state and government leaders are expected to attend the forum to discuss global key challenges. Bloomberg reports that Trump plans to lead a 'large-scale American business delegation' to Switzerland.
MANTRA completes token split and brand upgrade
● Layer1 blockchain MANTRA today carried out a token upgrade as planned, splitting the original OM token into new MANTRA tokens at a ratio of 1:4.
● The project's CEO stated that this move aims to simplify the token economic structure and increase flexibility to support the goal of attracting institutional funds. For users holding OM on the MANTRA chain, the conversion will happen automatically; however, users holding on external networks such as EVM will need to migrate manually to avoid asset stagnation.
ETHGas airdrop snapshot
● The Ethereum gas fee tracking project ETHGas will take a snapshot of the eligibility for its token GWEI's airdrop at 00:00 (UTC) on January 19. According to its published economic model, the total supply of GWEI is 10 billion tokens, with 31% allocated to the ecosystem and 27% to investors.
Other updates
● WorldAssets announces that its RWA (real-world assets) trading platform RWAX DEX is going live today, aiming to integrate the issuance, information disclosure, and trading of RWA assets.
January 20 (Tuesday): A relatively calm interlude
● LayerZero token unlock: The cross-chain protocol LayerZero's token ZRO will unlock about 25.71 million tokens at 7 PM Beijing time on January 20, worth approximately 44.5 million dollars. A large-scale token unlock may increase market circulation, and attention should be paid to its potential impact on token prices.
● Space project announces allocation results: The leveraged prediction market project Space raised over 20 million dollars in its public sale, and its token allocation process will be announced on January 20.
January 21 (Wednesday): Old cases and new births in crypto
Caroline Ellison released early
● Former Alameda Research co-CEO Caroline Ellison is expected to be released from federal regulation today.
● Ellison was granted a significant sentence reduction for cooperating with the investigation and providing key testimony in the FTX fraud case. She was originally sentenced to two years in prison and fined 11 billion dollars, but actually served about 14 months, approximately 10 months earlier than her original sentence. Additionally, she agreed to a 10-year ban from holding executive positions in publicly traded companies or cryptocurrency exchanges.
● Her release stands in stark contrast to FTX founder Sam Bankman-Fried, who remains in prison with a 25-year sentence.
ZAMA token auction opens
● The fully homomorphic encryption network Zama has adjusted the schedule for its Dutch auction of its native token ZAMA to take place from January 21 to 24, with token collection starting on February 2. This auction will sell 10% of the total token supply.
Solana Mobile airdrop available for collection
● The SKR airdrop previously announced by Solana Mobile will officially open for collection at 02:00 (UTC) today. This airdrop will distribute nearly 2 billion SKR, covering over 100,000 users and 188 developers. After collection, the tokens can be staked for rewards.
Binance order and contract adjustments
● Binance will automatically cancel all unexecuted spot and leverage orders created before January 1, 2024, at 07:00 (UTC) today.
● Binance contracts will be delisted and settled at 09:00 (UTC) today for four USDT-based perpetual contracts, including BIDUSDT and DMCUSDT.
January 22 (Thursday): Release of key US economic data
US inflation and employment market data
On January 23 at 21:30 in UTC+8, the US will release a series of significant economic data:
● November core PCE price index year-on-year/month-on-month: This is the most favored inflation metric by the Federal Reserve, and the market will assess the process of US inflation reduction based on this.
● Initial unemployment claims for the week ending January 17: used to observe the health of the US labor market.
On the same day, the crypto bug bounty platform Immunefi will carry out its first token generation event (TGE) for its native token IMU.
January 23 (Friday): Bank of Japan decision and airdrop deadline
Bank of Japan monetary policy meeting
The Bank of Japan will announce its interest rate decision and economic outlook report today, followed by a press conference by Governor Kazuo Ueda. In last June's meeting, the Bank of Japan decided to maintain the benchmark interest rate at 0.5% and announced a gradual reduction in government bond purchases starting in April 2026. This meeting will set the tone for this year's monetary policy path.
Meteora airdrop collection deadline
The MET token airdrop collection channel for the Solana ecosystem liquidity protocol Meteora will close today. Tokens that are not collected by the deadline will be returned to the community reserve pool for future incentives.
Summary and Outlook
Next week will be information-intensive, with a mix of macro and micro events:
● Macroeconomically: Geopolitical signals from the Davos Forum, core PCE inflation data from the US, and policy statements from the Bank of Japan will jointly influence global market risk sentiment.
● In the crypto industry: with milestones like Caroline Ellison's release and active dynamics from new projects such as MANTRA splits, ZAMA auctions, SKR and MET airdrops, the industry shows signs of continuous evolution.
Market participants are advised to focus on the actual values of US inflation data versus market expectations, as this may directly affect the Federal Reserve's monetary policy expectations and subsequently impact crypto markets and other risk assets.
