1. Fidelity will launch the FIDD stablecoin on Ethereum, compliant with GENIUS standards.
According to market news, Fidelity plans to launch the FIDD stablecoin, compliant with GENIUS standards, on the Ethereum blockchain, further expanding its presence in the crypto stablecoin sector.
2. The Federal Reserve keeps interest rates unchanged, with two dissenting votes in favor of a rate cut.
The Federal Reserve announced that it will maintain the federal funds rate target range at 3.5%-3.75%, in line with market expectations. The voting result was 10 to 2, with Federal Reserve Board members Mester and Waller voting against, advocating for a 25 basis point rate cut. Previously, the Federal Reserve had cut rates by 25 basis points in each of its last three meetings (September, October, December of last year).
3. The White House will convene banks and crypto executives next week to discuss the legislative controversies surrounding stablecoins.
The White House plans to hold a meeting next week, hosted by the White House Crypto Council, inviting senior executives from banks and the crypto industry to focus on the regulatory issues surrounding stablecoin rewards. Recently, tensions have increased between the two sides, with banks worried that the stablecoin reward provisions in the GENIUS Act will siphon off deposits, while crypto firms accuse banks of limiting competition. The House of Representatives has already passed the (Clarity Act), but Senate reviews have been delayed multiple times, and the White House emphasizes that the crypto market structure bill needs to be implemented as soon as possible.
4. The U.S. Senate Agriculture Committee voted on Thursday to debate several amendments to the crypto bill.
The U.S. Senate Agriculture Committee will hold a review meeting on Thursday to debate and vote on several amendments to the crypto market structure bill. The amendments include: regulating the ethical standards for crypto-related activities by government officials and their families, delaying the bill's implementation until the CFTC completes the appointment of four confirmed commissioners, narrowing the definition of 'retail participants', prohibiting bailouts for crypto issuers, implementing anti-fraud clauses for crypto ATMs, and restricting foreign adversaries' participation in the U.S. crypto market. Ultimately, a vote will determine whether to submit the bill for full Senate consideration.
5. HSBC: Coinbase's opposition will not hinder the advancement of the U.S. crypto bill.
HSBC stated that although Coinbase has withdrawn its support for the U.S. crypto market structure bill, the momentum for the bill's advancement has not diminished. The industry needs a long-term clear regulatory framework rather than uncertain 'enforcement-style regulation', and Coinbase is likely to accept reasonable compromises. In addition, the crypto PAC Fairshake is investing a large amount of funds to push for the bill's passage, and HSBC expects that the Senate Agriculture Committee's bill may be the first to be implemented, initially granting the CFTC regulatory authority over spot commodities, facilitating institutional capital entry.
6. The ruling party of South Korea has finalized the (Digital Asset Basic Law), setting the minimum capital for stablecoin issuers at $3.5 million.
The ruling Democratic Party of Korea has confirmed that the name of the virtual asset regulatory bill will be (Digital Asset Basic Law), which is planned to be submitted before the New Year holiday. The bill specifies that the minimum legal capital for stablecoin issuers must reach 5 billion won (approximately $3.5 million). As for sensitive issues like the central bank's authority and major shareholder ownership restrictions, further coordination will be conducted.
7. Coinbase partners with Kalshi to fully launch prediction markets across all 50 states in the U.S.
Coinbase announced that, through cooperation with the CFTC-regulated prediction market platform Kalshi, it has expanded its prediction market service to all 50 states in the U.S., ending the previous limited testing phase. Users can trade on the outcomes of real events related to politics, sports, and economic indicators, with a minimum transaction amount of $1 (in USD or USDC), and can manage crypto, stock, and cash accounts on the same interface, marking an important step for Coinbase in its transformation into a 'full-service exchange'.
8. NVIDIA and Amazon may participate in this round of financing for OpenAI.
According to CNBC reporters, NVIDIA and Amazon may participate in this round of financing for OpenAI, further positioning themselves in the AI field.
9. WisdomTree expands its tokenized fund to the Solana blockchain.
New York asset management firm WisdomTree announced that it will expand its tokenized fund to the Solana blockchain, promoting a multi-chain layout. Both institutional and individual investors can issue, trade, and hold the tokenized fund on Solana through relevant platforms.
10. Inflows into the tokenized gold PAXG in January set a record, with a market value of $2.2 billion.
Tokenized gold Paxos Gold (PAXG) saw inflows of $248 million in January, setting a new record, with the current market value rising to $2.2 billion. Due to the stagnation in the crypto market, investors are turning to stable-value assets, with the total market size of tokenized gold exceeding $5.5 billion, while gold prices surged to over $5300 per ounce during the same period.
11. Tesla did not adjust its Bitcoin holdings in the fourth quarter, reporting a loss of $239 million.
Tesla did not change its Bitcoin holdings in the fourth quarter, still holding 11509 Bitcoins. Due to the drop in Bitcoin prices, the company's digital asset post-tax market value loss reached $239 million.
12. The crypto PAC Fairshake's cash reserves increased to $193 million, advocating for pro-crypto legislation.
The crypto industry's major political action committee Fairshake revealed that Ripple and a16z recently added a total of $49 million in donations, increasing its available funds to $193 million to support this year's U.S. midterm congressional elections. This PAC will support pro-crypto legislators and oppose anti-crypto positions, and has already had political influence on the Senate's review of the crypto bill.
13. BlackRock continues to increase its investment in crypto, depositing a large amount of BTC and ETH into Coinbase.
According to on-chain monitoring, BlackRock deposited 1156.87 BTC (approximately $104 million) and 19644 ETH (approximately $59.23 million) into Coinbase, with the possibility of depositing more crypto assets in the future.
14. Strive's Bitcoin holdings reached 13,000 coins, ranking among the top ten corporate holders globally.
The U.S. stock-listed Bitcoin treasury company Strive disclosed that it recently completed stock issuance and note exchanges, while purchasing 333.89 Bitcoins at an average price of $89,851. Currently, the company's total holdings have reached 13131.82 Bitcoins, making it the world's tenth-largest Bitcoin corporate holder.
15. Several institutions increased their holdings in Strategy stocks, positioning themselves in Bitcoin-related assets.
Belgium's second-largest bank, KBC Group, increased its holdings in Bitcoin treasury company Strategy by 88501 shares, bringing its total holding to 311624 shares (approximately $50.44 million); Mirae Asset, with an asset management scale of $729 billion, also increased its holdings in Strategy to 87531 shares, worth $14.1 million.
16. The Federal Reserve raised its economic assessment, with Powell stating that inflation exceeding expectations is due to tariffs.
The Federal Reserve raised its assessment of U.S. economic activity, stating that the economy is expanding at a 'robust' pace, with the unemployment rate stabilizing, removing previous statements about increasing risks to employment, but pointing out that inflation remains slightly high. Federal Reserve Chairman Powell stated that the inflation exceeding expectations is mainly due to tariffs rather than demand, and it is expected that the impact of tariffs on goods will peak and decline this year, at which point policies may be relaxed.
17. Bessent: The candidate for Federal Reserve Chairman may be announced in about a week.
U.S. Treasury Secretary Bessent stated that the candidate for Federal Reserve Chairman nominated by Trump is likely to be officially announced in about a week.
18. The probability of the Federal Reserve maintaining interest rates in March is 86.5%, with low expectations for rate cuts.
According to CME's 'FedWatch' data, the probability of a 25 basis point rate cut by the Federal Reserve in March is only 13.5%, while the probability of maintaining interest rates is 86.5%; the cumulative probability of a 25 basis point rate cut in April is 24.1%, with a maintenance probability of 74%, and expectations for rate cuts remain weak.
19. The S&P 500 Index first broke through 7000 points, creating an important milestone.
The S&P 500 Index first reached the 7000-point mark, breaking through an important psychological barrier, marking a significant milestone in the index's development history.
Disclaimer: The contents described in this article are for reference only and do not constitute any investment advice. Investors should rationally consider cryptocurrency investments based on their own risk tolerance and investment goals and should not blindly follow trends.