Today's News Highlights:
Macroeconomic Outlook for Next Week: The Trump 2.0 Era is About to Begin, Bitcoin May Soar Higher
Trump Will Officially Be Sworn in as President of the United States at 1 AM Beijing Time on the 21st
South Korean Court Approves Arrest Warrant for Yoon Suk-yeol
OKX, Coinbase, and Binance Launch TRUMP
SOL Hits New High, Solana's Market Cap Rises to 146th in Global Asset Rankings
TRUMP Enters the Top Ten in Cryptocurrency FDV, Currently Ranked 7th
Vitalik: A Major Overhaul of the Ethereum Foundation's Leadership Structure is Currently Underway
This Week's NFT Trading Volume Reaches $164.3 Million, with Both Buyers and Sellers Increasing by Over 100% Month-on-Month
Regulation/Macroeconomics
Macroeconomic Outlook for Next Week: The Trump 2.0 Era is About to Begin, Bitcoin May Soar Higher
In the last trading week before Trump returns to the White House, favorable inflation data and dovish comments from Federal Reserve Governor Waller have led to a rebound in market expectations for interest rate cuts. The money market is currently pricing in about 40 basis points for a Fed rate cut in 2025. As the Fed enters its quiet period, next week’s U.S. economic data is expected to be light, and the market will focus on the beginning of President Trump’s term and its potential market impact. Here are the key points the market will focus on in the new week:
On Monday, the World Economic Forum Annual Meeting in Davos will take place until January 24;
On Wednesday at 23:00, the U.S. Leading Economic Index for December will be released;
On Wednesday at 23:05 and Friday at 18:00, ECB President Lagarde will speak;
On Thursday at 21:30, the number of initial jobless claims in the U.S. for the week ending January 18 will be announced;
On Friday, the Bank of Japan will announce its interest rate decision and economic outlook report, followed by a monetary policy press conference by BOJ Governor Ueda at 12:30;
On Friday at 22:45, the preliminary January S&P Global Manufacturing and Services PMI for the U.S. will be released.
Given the expectation that Trump will announce cryptocurrency-friendly policies, Bitcoin may soar higher. Insiders have revealed that Trump plans to issue an executive order elevating cryptocurrency to a "policy priority" and giving industry insiders a voice in his administration, marking a significant potential shift in U.S. cryptocurrency policy. It is reported that the executive order will also include a pause on any lawsuits involving cryptocurrencies and consideration of establishing a national Bitcoin reserve.
Vanguard Group to Pay $106.41 Million to Settle SEC Charges
According to a press release from the U.S. Securities and Exchange Commission (SEC), the Vanguard Group, Inc. will pay $106.41 million to settle charges related to misleading statements about capital gains distributions and tax implications that affected retail investors holding Vanguard Investor Target Retirement Funds in taxable accounts. The settlement amount will be distributed to affected investors.
Previously, Vanguard CEO Tim Buckley stated that the company would not seek a Bitcoin ETF like competitors BlackRock and Fidelity. A spokesperson said that the reason for not launching a Bitcoin ETF is the same as the reason for never launching a gold ETF: Bitcoin lacks "intrinsic value," has no cash flow, and is too volatile.
South Korean Court Approves Arrest Warrant for Yoon Suk-yeol
According to reports from South Korean media cited by Jin10, the Seoul Western District Court approved an arrest warrant for President Yoon Suk-yeol, who has been arrested. Yoon becomes the first sitting president in South Korea's constitutional history to be subjected to a detention investigation.
U.S. SEC Sues Nova Labs for Fraud and Registration Violations
The U.S. Securities and Exchange Commission has charged Nova Labs, Inc. ("Nova Labs") with fraud for issuing cryptocurrency assets as securities without registration and deceiving investors. According to the SEC's complaint, from April 2019 to the present, Nova Labs conducted unregistered securities offerings and sales while providing and selling electronic devices called "Hotspots" (used to mine Nova Labs' cryptocurrency) and "Discovery Mapping" (a program that allows users to exchange their private data for Nova Labs' cryptocurrency). The SEC seeks a permanent injunction against Nova Labs, the forfeiture of illegal proceeds, pre-judgment interest, and civil penalties.
According to Cointelegraph, South Korean authorities have discovered over 500,000 KYC violations at Upbit, with potential fines reaching $34.3 billion.
Previously, South Korean financial authorities notified Upbit of impending business suspension penalties.
Trump Will Officially Be Sworn in as President of the United States at 1 AM Beijing Time on the 21st
Donald Trump will officially be sworn in as the 47th President of the United States at 12 PM Eastern Time on January 20 (1 AM Beijing Time on the 21st).
Inauguration Day will include an official swearing-in ceremony, musical performances, a celebratory parade, and a series of formal balls. Elected Vice President J.D. Vance will also be sworn in, taking the stage with Trump to officially begin the new administration.
Trump's second inauguration ceremony will first take place at the historic St. John's Church in Lafayette Square, Washington, D.C., followed by a tea reception at the White House. Musical performances and opening remarks will begin at 9:30 AM Eastern Time (10:30 PM Beijing Time) on the main event stage on the West Lawn of the U.S. Capitol. Subsequently, Trump and Vance will hold their swearing-in ceremony, during which the President will deliver an inaugural address outlining goals for the next four years. Trump will then proceed to the presidential office near the Senate to sign important documents. Following that, he will attend a lunch hosted by the Joint Congressional Inaugural Committee. The parade will then proceed from the Capitol along Pennsylvania Avenue to the White House.
Later that evening, Trump will attend three inaugural balls—the Commander-in-Chief Ball, the Liberty Inaugural Ball, and the Starlight Ball. He is expected to deliver speeches at all three events.
Project Updates
Vitalik: A Major Overhaul of the Ethereum Foundation's Leadership Structure is Currently Underway
Ethereum co-founder Vitalik Buterin stated that a major overhaul of the Ethereum Foundation's leadership structure has been underway for nearly a year. Some of these changes have already been implemented and announced, while others are still in progress. The main goals are:
- To enhance the technical expertise of the Ethereum Foundation's leadership;
- To improve two-way communication and connections between the Ethereum Foundation's leadership and new and old participants in the ecosystem, with the Foundation's responsibilities being to support: users (individuals and institutions), application developers, wallets, and L2;
- To bring in fresh talent to improve execution capability and speed;
- To more actively support application developers, ensuring that important values and inalienable rights (especially privacy, open source, and resistance to censorship) are a reality for users, including at the application layer;
- To continue increasing the use of decentralized and privacy technologies and the Ethereum chain, including for payments and fund management.
Things to avoid in the future include:
- Executing a shift in some ideology/atmosphere;
- Actively lobbying regulators and powerful political figures (especially in the U.S., but actually anywhere, particularly in major powers), risking damage to Ethereum's status as a global neutral platform;
- Becoming an arena for vested interests;
- Becoming a highly centralized organization, or even becoming the "main character" of Ethereum.
Vitalik Changes Twitter Avatar to Milady 9286 Image
Vitalik Buterin purchased Milady 9286 and changed it to his Twitter account avatar.
Binance.US Changes X Avatar to Pudgy Penguins Series NFT
According to the official Twitter, Binance.US has changed its X avatar to a Pudgy Penguins series NFT.
OpenAI Plans to Release New AI Model o3 mini in the Coming Weeks, Including API and ChatGPT
According to TechinAsia, OpenAI plans to release its new AI model o3 mini in the coming weeks. CEO Sam Altman announced that this release will include both API and ChatGPT, integrating user feedback. The company's previous goal was to launch o3 mini in January 2025, followed by the full o3 model.
OKX to Launch TRUMP Spot Trading
According to an official announcement, OKX will launch TRUMP (OFFICIAL TRUMP) spot trading.
Coinbase Adds Official Trump (TRUMP) to Listing Roadmap
According to an official announcement, Coinbase will add Official Trump (TRUMP) to its listing roadmap.
Binance to Launch OFFICIAL TRUMP (TRUMP) and Add Seed Tag
According to the official announcement, Binance will launch OFFICIAL TRUMP (TRUMP) at 16:30 (UTC+8) and will add a seed tag for it.
SOL Reaches a High of $274.93, Setting a New Record
According to OKX market data, SOL has broken through $270, reaching a high of $274.93, setting a new record, and is currently reported at $272.51, up 4.3% today.
Solana's Market Cap Rises to 146th in Global Asset Rankings
According to 8marketcap data, Solana's market cap has risen to approximately $130.6 billion, surpassing companies like Airbus and Boeing, climbing 39 places in the global asset market cap rankings, currently ranking 146th.
TRUMP Enters the Top Ten in Cryptocurrency FDV, Currently Ranked 7th
Coingecko data shows that TRUMP has entered the top ten in cryptocurrency FDV rankings. At the time of writing, TRUMP is priced at $60.49, with a 24-hour increase of 231.33%, a circulating market cap reaching $11,882,865,984, and an FDV (Fully Diluted Value) of $59,414,329,997, ranking 7th in cryptocurrency FDV, just behind BNB.
Opinions
According to Eric Trump’s post on X platform, David Sacks, the White House AI and cryptocurrency chief appointed by Trump, stated: "The reign of terror against cryptocurrency is over; a new era of U.S. cryptocurrency innovation has just begun."
Trump's Eldest Son Eric Trump: The $USA Token Has Nothing to Do with Us
In response to mentions in the crypto community about "another token called $USA being issued within a week besides $TRUMP," Eric Trump tweeted, "The $USA token has nothing to do with us."
Previously reported, Eric Trump quoted the statement from crypto czar David Sacks on X platform: "The reign of terror against cryptocurrency is over; the beginning of U.S. cryptocurrency innovation has just begun," while also mentioning Bitcoin, the Trump family project World Liberty Financial, and $TRUMP.
Bybit CEO Reflects on the $TRUMP Launch Effect: Focusing on Building Onchain Bybit in 2025
Bybit CEO BEN tweeted reflecting on the market effects after the $TRUMP launch, stating: "Yesterday, all CEX saw a massive outflow of SOL and USDC, flowing on-chain to exchange for $TRUMP. Moonshoot + Meteora/Jupiter created over $30 billion in memecoins in less than 10 hours, without any CEX. In 2025, we will focus on building Onchain Bybit, heavily investing in Bybit web3 wallet (self-custody) user experience and on-chain infrastructure, hoping to become the gateway for users to web3. The reason is simple: if you don't join this revolution, you will be eliminated."
1confirmation founder Nick Tomaino interpreted the Trump TRUMP event: "The atmosphere shift from the anti-crypto Biden era to the Trump era is great. Trump holds 80% of the TRUMP coin share and launched it just hours before the inauguration, which is predatory, and many people may be harmed by this. Trump should airdrop to the public instead of using this to enrich himself or his team. Right now, it looks like an FTX token."
CZ tweeted: "FOMO has just begun….." Previously on January 15, CZ stated: "Everyone has FOMO. Just do it responsibly."
Some industry figures criticized Trump's launch of the Meme coin TRUMP, with SkyBridge Capital founder Anthony Scaramucci stating: "Trump's Meme coin is detrimental to the industry. Don't kid yourself. This is corruption on the level of Idi Amin (the 3rd President of Uganda)." Meidas Touch co-founder Ben Meiselas stated that Trump could focus on more urgent matters instead of concentrating on a Meme coin.
Previously reported, according to Bloomberg, multiple institutions believe that Trump's issuance of the Meme coin TRUMP is unethical.
Important Data
CryptoSlam data shows that this week's NFT trading volume reached $164.3 million, up 5.8% from last week. The number of NFT buyers surged by 115.49% to 270,108; the number of NFT sellers increased by 107.81% to 218,676; the number of transactions decreased by 4.58% to 1,466,206.
Ethereum network NFT trading volume grew by 40% to $85.6 million, with the number of buyers increasing by 52.54% to 37,913. Bitcoin network NFT trading volume fell by 10.9% to $27.5 million. Solana network ranked third with a trading volume of $14.6 million, down 30.8%. Base remains fifth with a trading volume of $8.36 million, up 13.82%.
Azuki ranked first with a trading volume of $15.4 million, up 268.21%. The number of buyers for this series increased by 253.45%. Pudgy Penguins ranked second with a trading volume of $8 million, down 8.04%. CryptoPunks ranked third with a trading volume of $7.8 million, up 126.31%. BRC-20 NFTs dropped to fourth place with a trading volume of $7.6 million, down 7.79%.
This week's best-selling NFT series:
- CryptoPunks #4940: $502,941 (150 ETH)
- CryptoPunks #7338: $319,016 (100 ETH)
- CryptoPunks #1782: $250,594 (75 ETH)
- CryptoPunks #8619: $178,123 (54 ETH)
- CryptoPunks #7376: $177,515 (55 ETH)
Moonshot Gains Approximately 400,000 New Users After $TRUMP Launch
Moonshot tweeted that after being recommended as the preferred purchasing method on the $TRUMP website, nearly $400 million in transaction volume was processed in 12 hours, breaking the fiat currency entry record. This has brought nearly 400,000 new users to the on-chain.
$TRUMP's 10th Largest Holding Address Transferred 1.271 Million $TRUMP to OKX 50 Minutes Ago
According to on-chain analyst Yu Jin's monitoring, the 10th largest holding address of $TRUMP transferred all 1.271 million $TRUMP to OKX 50 minutes ago. It was purchased at an average price of $11.15 and transferred to OKX at a price of $34.34, expected to realize a profit of $29.48 million.
According to @ai_9684xtpa's monitoring, Binance will launch $TRUMP spot trading at 4:30 PM. The team address 7qtDv…kRnpE recharged 4.5 million TRUMP (approximately $177 million) to Binance 10 minutes ago. This address has recharged a total of 29.92 million tokens to various exchanges in the past 24 hours, with a total value of $1.27 billion. It previously received 30 million tokens distributed from the DEV address, and the two associated addresses still hold 17.89 million TRUMP, worth approximately $700 million.
According to Lookonchain's monitoring, after the launch of $TRUMP, a whale bridged 63.9 million USDC to Solana and borrowed 23.4 million USDC from Kamino to purchase $TRUMP and $SOL. He spent 11.5 million USDC to buy 1 million $TRUMP at a price of $11.5 (totaling $43.3 million), with an unrealized profit of $31.8 million. He also spent 75.8 million USDC to buy 312,571 SOL at a price of $242.59 (totaling $85.6 million), with an unrealized profit of $9.8 million.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
