BlockBeats news, January 24, the US dollar index DXY fell below the 98 mark for the first time since December 30 of last year, with a daily decline of 0.30%. (Jin Shi)
US stock market cryptocurrency mining concept stocks are strong, IREN rose over 8%
BlockBeats news, on January 24, according to Bitget data, the concept stocks of cryptocurrency mining companies in the US stock market are strong, IREN and Applied Digital rose over 8%, Terawulf and Bitfarms rose over 3%.
CZ discusses receiving a pardon from Trump: I am now a truly free person.
BlockBeats reported that on January 24, Binance founder CZ said in an interview with CNBC in Davos, 'Three months after being pardoned by Trump, I feel freer in the past three months, and I think it's more of a psychological change. It's like a heavy burden has finally been lifted. I was actually free before, but carrying the identity of a serious criminal. But now I am a truly free person.'
CZ's candid prison experience was very bad, and it was 'highly consistent' with the movie portrayal, including the strict physical examination on the day of imprisonment. The first cellmate was a double murderer who had served about 12 years and still had 18 years left to serve. He stated that he never expected to go to prison, because in American history, no one has ever been sentenced to prison for a single violation (the Bank Secrecy Act); similar cases in the past were mostly deferred prosecution agreements (DPA) or home confinement. He originally expected at most to be under house arrest for 6–12 months and was surprised to actually be imprisoned.
CZ: If I could start over, I would block U.S. users from day one to avoid regulatory risks
BlockBeats message, January 24, Binance founder CZ stated during an interview with CNBC in Davos, when asked "If you could do it all over again, what different choices would you make," that "I would have blocked U.S. users from day one. That's the most critical point; the core issue is regulatory. When we initially built the technology platform, we actually had U.S. users, and I was in Shanghai at the time. We were just a small tech startup. But about six years later, we realized that this situation was deemed a violation of the Bank Secrecy Act. If I had known this at the time, if I could do it over, I would definitely have blocked U.S. users from day one; that would have saved us a lot of trouble."
Eric Trump: The market value of USD1 has surpassed PYUSD
BlockBeats news, January 24, Eric Trump, the second son of Trump, stated in a social media post that the market value of USD1 has surpassed that of PayPal's stablecoin PYUSD. This is an important milestone for USD1, which is not just about cryptocurrency, but about building the future of global currency.
CZ: Bitcoin may enter a super cycle this year, and the four-year cycle may be broken
BlockBeats news, on January 23, Binance founder CZ stated in an interview with CNBC at Davos, "I don’t trade, I just hold Bitcoin and BNB. Many years ago, I tried trading and ended up losing money. Later, I realized that I am a developer, not a trader."
It is completely impossible to predict the short-term fluctuations of Bitcoin, but it is easy to predict the performance of Bitcoin in the long term. From a one-year perspective, I am not sure about 2026, but I have a strong feeling that Bitcoin will enter a super cycle in 2026.
Historically, Bitcoin has typically followed a four-year cycle. Looking back at historical data, a new all-time high tends to occur approximately every four years, followed by a correction. However, I believe that this year, with the U.S. being so supportive of cryptocurrencies and other countries following suit, we are likely to see this situation change, and it is even possible to break the previous four-year cycle.
Coinbase: Optimistic Outlook for Crypto Market in Q1 2026 After Adjustment at End of 2025
According to BlockBeats news on January 23, the latest Charting Crypto report released by Coinbase Institutional indicates that after experiencing adjustments at the end of 2025, the crypto market has entered the first few months of 2026 with a more solid structural foundation. The report highlights that market positioning is improving and the market environment is becoming more balanced, a situation that is expected to continue into the first quarter.
David Duong, Head of Global Investment Research at Coinbase Institutional, stated: "Although the shadow of high leverage liquidations from last year has not completely dissipated, we still hold a constructive view on the prospects of the crypto market in the early part of the new year. Even so, there are multiple reasons to be optimistic for the first quarter of 2026."
'Majin' deposits 250,000 USDC into Hyperliquid again, increasing ETH long position
BlockBeats news, on January 23, according to Lookonchain monitoring, 'Majin' deposited another 250,000 USDC into Hyperliquid, continuing to increase its ETH long position.
Current holdings: 4,450 ETH (approximately 12.94 million USD), liquidation price is 2,841.97 USD.
"Ma Ji" reduces ETH long position, account floating loss reaches 28%
BlockBeats news, on January 23, according to Hyperinsight monitoring, "Brother Ma Ji" Huang Licheng reduced his ETH long position, currently going long 3600 ETH (approximately 10.49 million USD) with 25x leverage, average opening price 2,945.42 USD, floating loss 28%, approximately 110,000 USD, liquidation price 2,880.36 USD.
Standard Chartered: Good risk-reward ratio for going long on ETH and BMNR before the weekend
BlockBeats news, on January 23, according to CoinDesk, despite a strong performance at the beginning of the year, Ethereum and the entire crypto market experienced a pullback this week. However, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, still believes there are reasons to remain bullish. On Friday during the early trading session in the U.S., ETH was around $2,912, with a weekly decline of about 12%, and a year-to-date drop of approximately 1.7%. As the largest enterprise-level holder of Ethereum, BitMine (BMNR), led by Tom Lee, saw its stock price drop nearly 9% this week, with a year-to-date decline expanding to about 10%.
A whale unstaked HYPE worth 14.23 million USD and transferred it to Bybit
BlockBeats news, on January 23, according to Lookonchain monitoring, the whale address 0xffe6 unstaked 665,035 HYPE (approximately 14.23 million USD) and transferred it to Bybit.
Final expected value of the one-year inflation rate in the U.S. for January is 4%, expected 4.2%
BlockBeats message, January 23, the final expected value of the one-year inflation rate in the U.S. for January is 4%, expected 4.2%, previous value 4.20%.(Golden Ten)
BlockBeats news, on January 23, according to Christine D. Kim's post on platform X summarizing the 173rd Ethereum consensus layer core developer meeting, developers may need to significantly scale down the Glamsterdam upgrade to launch it before mid-year. Although there has been no formal acknowledgment of discrepancies in the planning and timeline, if issues do exist, they need to be resolved by the end of February.
Key discussion points from the meeting: If EIP-7732 cannot achieve an interoperable version by the end of February, it will be considered for removal from Glamsterdam and postponed to a future hard fork; the Consensys Teku client found node performance issues during mainnet stress testing, affecting progress; EIP-7928 requires clients to conduct a small-scale API review; Hegota upgrade Headliner EIP proposal submission deadline is February 4; some client teams have completed preliminary work on the EIP-7688 library update.
U.S. stocks opened with cryptocurrency concept stocks generally falling, BitGo fell below the IPO issuance price
BlockBeats news, on January 23, according to Bitget market data, U.S. stocks opened, the Dow fell 0.53%, the S&P 500 index fell 0.17%, and the Nasdaq fell 0.14%. U.S. cryptocurrency concept stocks generally fell, among which:
BitGo Holdings(BTGO) fell 4.81%, with a stock price of 17.6 dollars, falling below its IPO issuance price of 18 dollars;
Analyst: The next Federal Reserve chair candidate may be announced today
BlockBeats message, on January 23, analysts from the U.S. financial website investinglive pointed out that the latest information we have regarding the Federal Reserve chair candidate decision was released last week, indicating that Trump might make a decision before or after heading to Davos. He left Davos yesterday and has now returned to Washington, so this matter might be included in today’s or this weekend’s agenda. Trump seems to have made up his mind. In an interview with CNBC at Davos, he stated: "We only have three (candidates) left, but actually, we only have two left. And in my view, perhaps we only have one left."
Spacecoin has opened the claim for SPACE token airdrop
BlockBeats news, on January 23, according to official news, Spacecoin has opened the claim for SPACE token airdrop. Users who participated in Season 1 or Season 2 events, or hold CTC tokens and ecological NFTs (such as CTC-0, CPC, etc.) are eligible to claim. Users need to go to the official Penguinbase portal to connect their wallet for the claim. SPACE tokens will be issued to the user's Creditcoin network address.
Analysis: Driven by safe-haven demand and a weakening dollar, silver approaches $100 per ounce
BlockBeats news, on January 23, driven by inflows of safe-haven funds, a weakening dollar, and strong industrial demand, silver prices are approaching $100 per ounce. Since the beginning of the week, silver has risen by about 12%, and the increase since the beginning of the year has exceeded 40%. Ole Hansen, head of commodity strategy at Saxo Bank, stated that momentum and 'fear of missing out' (FOMO) are driving this rally, but he pointed out that this is not purely a speculative market. Meanwhile, platinum prices have also risen by 3.3%.
Viewpoint: Cryptocurrency takes the stage in the 2026 Davos political and financial game, moving away from its image as 'illegal currency'
BlockBeats news, January 23, at the 2026 Davos World Economic Forum, cryptocurrency has become one of the important topics at the intersection of politics and finance, moving away from its image as illegal currency, but central bank governors warned at the 2026 Davos World Economic Forum that it threatens monetary sovereignty.
U.S. President Trump views cryptocurrency regulation as a geopolitical competition strategy, emphasizing the need to expedite the (CLARITY Act) market structure bill and make the U.S. a global cryptocurrency hub; meanwhile, the Governor of the French Central Bank and other European Central Bank officials warn that private currencies may threaten monetary sovereignty, advocating for strengthened regulation and the development of central bank digital currencies.