1. The Bitcoin spot ETF saw a net outflow of $104 million yesterday, continuing a net outflow for 5 days; the Ethereum spot ETF had a net outflow of $41.7358 million yesterday, continuing a net outflow for 4 days.
2. Binance is considering restarting stock token trading, allowing investors to purchase partial shares, while its wallet app and web version have supported direct trading of MEME coins using stablecoins.
3. ARK has submitted two cryptocurrency ETF applications linked to the CoinDesk 20 Index: ARK CoinDesk 20 Crypto ETF (including a version with Bitcoin) and ARK CoinDesk 20 ex-Bitcoin Crypto ETF (a version without Bitcoin).
4. The Ethereum Foundation has made quantum resistance a top strategic priority.
5. Moonbirds announced that the BIRB token will launch on January 28 on the Solana blockchain; Coinbase has added Doodles (DOOD) and Moonbirds (BIRB) to its listing roadmap.
6. A new report from McKinsey shows that last year stablecoins transferred over 35 trillion dollars on the blockchain, but only about 1% of that was for real-world payments, accounting for approximately 0.02% of the global payment total.
7. Before the Senate hearing and debate and voting next week, Democratic lawmakers submitted multiple amendments to the cryptocurrency market structure bill, including a ban on trading digital assets by the president and others.
8. Coinbase Institutional stated that a survey conducted in December among nearly 150 investors shows that the consensus on the maturity of the economic cycle is strengthening, with 26% of institutional investors and 21% of non-institutional investors believing we are in a bear market phase, a significant increase from 2% and 7% in the September survey. Whether we are about to enter the final stage of price discovery, followed by the next accumulation phase, is worth paying attention to.
9. Opinion: Arthur Hayes stated that if the relevant news (Japanese authorities preparing to intervene in the exchange rate) is true, it would be 'extremely bullish' for Bitcoin. He analyzed that the premise of this logic is: the Federal Reserve creates bank reserves through 'money printing' and then sells dollars to buy yen, thereby indirectly intervening in the yen exchange rate.
10.
Looking ahead to next week, market volatility is unlikely to diminish. The weekend anxiety regarding Iran and the generally tense atmosphere are heating up the market, especially with the Federal Open Market Committee (FOMC) meeting approaching and Trump preparing to announce the next Federal Reserve chair nominee. Here are the key points the market will focus on in the new week:
Tuesday 23:00, U.S. January Conference Board Consumer Confidence Index, U.S. January Richmond Fed Manufacturing Index;
Thursday 03:00, The Federal Reserve FOMC will announce its interest rate decision;
Thursday 03:30, Powell holds a monetary policy press conference;
Thursday 21:30, Initial Jobless Claims in the U.S. for the week ending January 24, U.S. November Trade Balance;
Friday 21:30, U.S. December PPI data, Canadian November GDP monthly rate;
Friday 22:45, U.S. January Chicago PMI data.
Next week’s biggest highlight may come neither from the Federal Reserve nor from the data. Trump is likely to try to overshadow Powell and ultimately announce whom he will nominate to replace Powell in May. It is believed that Trump has narrowed the selection to four candidates: White House Economic Advisor Hassett, Federal Reserve Governor Waller, former Federal Reserve Governor Warsh, and Rick Reed, Chief Bond Investment Officer at BlackRock, who has recently joined the list.