06:07

Crypto venture capital Paradigm will donate $1.25 million to fund Tornado Cash developer Roman Storm’s legal defense against U.S. prosecution.Storm said the charges made against him are a “terrifying criminalization of privacy.”

06:02

The Czech Central Bank Governor hopes to invest billions of euros in the country's foreign exchange reserves into Bitcoin, a breakthrough move that could make it the first Western central bank to hold cryptocurrency assets. Central Bank Governor Alessi Michl stated that he will submit a plan to invest in Bitcoin to the board of directors at a meeting on Thursday to diversify the central bank's reserves. He stated that if the board approves this proposal, the Czech Central Bank may ultimately hold 5% of its 140 billion euros in foreign exchange reserves in the form of Bitcoin. （FT）

05:54

05:53

Odaily Planet Daily News: According to official announcements, the Binance contract platform will launch VVVUSDT perpetual contracts on January 29, 2025 at 16:15 (GMT+8 time), with a maximum leverage of 25 times.

05:52

Odaily Planet Daily News: Against the backdrop of optimism about the legislative/regulatory progress of Congress supporting cryptocurrencies and the restructured US SEC, the Blockchain Association has announced its "consensus stance" on digital market structural policies. The advocacy organization has developed 12 recommendations with the help of its over 100 member companies. One of the recommendations calls for the establishment of a regulatory framework that positions the United States as the "preferred center" for investment and technological progress, while another seeks to protect the right to self manage digital assets using non custodial wallets. We believe that effective encryption policies require innovation and respect for user security. Our primary principles are competition and consumer protection: promoting business growth in the United States while ensuring strong market safeguards and standardized disclosure. Intelligent and applicable regulation must be precise. Our scope and infrastructure principles emphasize a focus on financial activities while protecting the underlying blockchain technology. Innovation needs to protect builders and users. Our principles support both open source developers and network participants - ensuring the responsibility protection of code creators and contributors, while maintaining broad participation in unlicensed networks. Digital assets are a global technology. Our principles apply to both international markets and decentralized applications - reducing cross-border friction while establishing appropriate frameworks for unmanaged software. Clear rules promote growth. Our token classification and custody principles establish a framework for different asset types, while protecting individual self custody rights and institutional custody solutions. Finally, implementation is crucial. Our principles of pledge and regulatory transition provide pathways for existing and emerging business models, while supporting cybersecurity and ensuring orderly market development

05:47

Odaily Planet Daily News: "New Bond King" Gunlak said that the upcoming interest rate decision by the Federal Reserve is the most predictable "hold back" in recent years. However, although most people expected the Federal Reserve to keep interest rates stable at this week's meeting, traders increased their bullish bets on US treasury bond bonds because they hoped that Federal Reserve Chairman Powell would signal a possible interest rate cut at the meeting in March. Gunlak said that the focus of Powell's press conference should be on the dual mission of price stability and full employment, "the relationship between the two is currently in a tense state, so this is more prominent than ever before. (Golden Ten)

05:37

The Electronic Frontier Foundation (EFF), a prominent digital rights group, has filed an amicus brief in support of Roman Storm, a developer of the crypto privacy protocol Tornado Cash (TORN).Storm has been charged with conspiracy to facilitate money laundering, operating an unlicensed money transmitter, and violating sanctions in relation to his work on the Tornado Cash protocol.“The government’s prosecution raises larger civil liberties concerns that could chill the future development of privacy-enhancing technologies more broadly," the EFF wrote in the brief.The EFF argues that Storm's prosecution threatens open-source innovation as the core issue in the case of holding developers responsible for how their tools are used, instead of prosecuting bad actors directly, could have a chilling effect on privacy-focused software development."Nearly all privacy and anonymity protective software tools are dual-use tools. Like a physical mask or paper cash, they provide needed, often critical protections for users, but can also be used by bad actors to help hide their crimes," the EFF wrote.In the prosecution of Storm, the government is relying on the International Emergency Economic Powers Act (IEEPA), which allows it to impose economic sanctions and restrict transactions during national emergencies. This application, the EFF argues, is inappropriate.“If the government believes it is appropriate to criminalize these technologies, it must seek relief from Congress and not rely on IEEPA and the other laws deployed in this prosecution, or, worse, attempt to bootstrap ancillary activities even further removed from any criminal acts into the ambit of these laws,” the EFF wrote.If Congress wants to regulate tools like Tornado Cash, the EFF argues, it has the authority to pass a law that clearly distinguishes legal from illegal use, but the prosecution in this case fails to provide that clarity.The TORN token is up nearly 50% in the last month, according to market data, on optimism of a favorable outcome for Storm.Storm is due back in court in April.

05:31

Odaily Planet Daily News: DeepSeek's rise has impacted US technology stocks, causing the cryptocurrency market to decline simultaneously. On Monday, the US stock market and cryptocurrency fell sharply, with Bitcoin falling below the $100000 mark and the stock market evaporating $1 trillion. However, Nigel Green, CEO of deVere Group, one of the independent financial advisory firms, urged investors to remain calm. He pointed out in a report that "Bitcoin is not affected by the performance of any company or country, on the contrary, its original design intention is to be immune to these factors Green further describes Bitcoin as an asset designed specifically for times of economic and geopolitical uncertainty, "operating beyond national borders and policies, making it a safe haven during turbulent times

05:25

Odaily Planet Daily News: Artist Scott Martin, known as Burnt Toast, will take over as CEO of the Ethereum NFT project Doodles, replacing former Billboard executive Julian Holguin. Under Holguin's leadership, Doodles announced partnerships with Adidas and McDonald's, the latter of which has just started working together in the past few months. The project also established a partnership with renowned music artist Pharrell Williams, and a representative from Doodles confirmed that Pharrell Williams will continue to serve as the Chief Brand Officer of the project during the CEO change. Martin posted on X, saying, "I will take over as CEO of Doodles, and we are moving towards a vision that strongly leans towards risk, disruption, complete transparency, and authenticity, which are exactly our original intentions." He also revealed that significant news will be announced soon.

04:56

Odaily Planet Daily News ((Crypto. com)) stated in an email sent to European users on January 28th that they plan to discontinue USDT before January 31st to comply with MiCA regulations. In addition, three digital asset derivative tokens operated by DAI, WBTC, Pax Gold, Pax Dollar, and ((Crypto. com)) will also be taken offline. A spokesperson stated that the decision only affects EU users and advised customers to convert affected assets into compliant tokens before March. Once effective, (((Crypto. com)) will become the second major cryptocurrency exchange in Europe to delist USDT, following Coinbase. Coinbase terminated support for the stablecoin at the end of last year, citing that it did not comply with the MiCA framework. （crypto.news） Yesterday, it was announced that the Malta Financial Services Authority (MFSA) has issued a Crypto Asset Market Regulation (MiCA) license to its local subsidiary of ((Crypto. com)), making it one of the first large cryptocurrency exchanges to receive regulatory approval under the EU licensing framework. After obtaining the MiCA license issued by MFSA, ((Crypto. com)) can provide its services in compliance within the European Economic Area, which consists of 27 member states.

04:56

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to $18.4 million. Among them, IBIT was the largest inflow, with a daily net inflow of $30.1 million; Next is FBTC, with a total of 0 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

04:45

Odaily Planet Daily News: Kraken founder Jesse Powell expressed support for Bitcoin entrepreneur Roger Ver (also known as Bitcoin Jesus) seeking President Trump's pardon. Powell pointed out in an article on X that Ver, who renounced his US citizenship, is a victim of government overreach rather than the tax evader portrayed by the authorities. It believes that the existing evidence against Ver's tax evasion is highly suspicious. Therefore, the attempt by the Internal Revenue Service (IRS) to prosecute and convict him appears to be a political persecution.

04:33

Odaily Planet Daily News: The Federal Reserve is expected to keep interest rates unchanged this week, leaving more time for itself to reduce inflation and assess the impact of President Trump's policies on the economy. The Federal Reserve has cut interest rates three times in a row since September, with a cumulative reduction of 1 percentage point. At present, the benchmark interest rate range of the Federal Reserve is between 4.25% and 4.5%. Several decision-makers have stated that they expect the number of interest rate cuts to decrease this year, as data shows that the US economy is performing steadily and inflation is more stubborn than expected. The December data for the personal consumption expenditure price index, the inflation indicator favored by the Federal Reserve, is scheduled to be released on Friday. EY Chief Economist Gregory Daco said that the Federal Reserve "will pause interest rate cuts this week and they hope to retain as many options as possible to further adjust the federal funds rate this year

04:32

Odaily Planet Daily News: JPMorgan Chase stated that cheaper artificial intelligence models will drive incremental growth, bring early efficiency gains, and lower inflation. (Golden Ten)

04:22

Odaily Planet Daily News - Cathie Wood, CEO of Ark Invest, said, "As far as Bitcoin is concerned, it is a leader in new asset classes and a global monetary system

04:17

Odaily Planet Daily News: DeepSeek's success indicates that competition in artificial intelligence from China is becoming increasingly fierce, exacerbating concerns about the sustainability of high valuations in US technology stocks. The risk in the cryptocurrency industry is that this anxiety may weaken broader speculative enthusiasm and weaken the boost brought by Trump's executive order supporting digital asset regulation. Rick Maeda, a research analyst at Presto Research, wrote in a report to clients: "Although the cryptocurrency market is still closely related to the sentiment of the technology industry, periods of increased volatility are often temporary, and initial market reactions may be somewhat excessive. According to data compiled by Bloomberg, the 30 day correlation coefficient between Bitcoin and the Nasdaq 100 index is approximately 0.67. A reading of 1 indicates synchronous asset trends, while a reading of -1 indicates inverse correlation. Charlie Morris, Chief Investment Officer of ByteTree Asset Management, believes that it is becoming increasingly difficult to distinguish between Bitcoin and large tech companies, given that they are advancing simultaneously. He wrote in a report that despite executive orders and a decline in the US dollar index this year, "Bitcoin has not been able to reach a new high. Some areas of the digital asset market have fallen into a deep correction. An index tracking the top 100 digital assets has fallen by over 10% since the beginning of this year. (Bloomberg)

03:53

Odaily Planet Daily News: Goldman Sachs analysts say that although inflationary pressures are currently high, they see signs that the outlook for mid-term CPI in the UK appears to be weakening. The reason is that: 1. UK economic growth has significantly weakened, and if this situation continues, it is expected to grow by only 0.9% in 2025; 2、 The growth of actual disposable income in households may slow down; 3、 The intensification of trade tensions may drag down economic activity; 4、 The intensification of trade tensions may drag down economic activity. Goldman Sachs stated that although the Bank of England may slow down its rate cuts if potential inflation does not make progress, they believe that in response to weak demand, the central bank is actually more likely to accelerate its continuous rate cuts. Goldman Sachs predicts that the Bank of England will cut interest rates by 25 basis points at its next meeting in February, and by mid-2026, the Bank of England's interest rate will drop to 3.25%. (Golden Ten)

03:48

Odaily Planet Daily News: US Democratic Senator Elizabeth Warren is pressuring Howard Lutnick, the Commerce Secretary nominated by Trump, to explain his relationship with Cantor Fitzgerald LP and Tether, which has raised questions about potential conflicts of interest before Lutnick's confirmation hearing on Wednesday. In a letter sent to Lutnick on Tuesday, Warren inquired about his relationship with Tether Holdings Ltd., including the amount of investment he and Cantor Fitzgerald made in this stablecoin issuer. She also requested Lutnick to provide a detailed explanation of any due diligence conducted and whether they have verified Tether's compliance with the "KYC" rules under the Bank Secrecy Act, international sanctions, and anti money laundering laws. Lutnick did not list Tether or any other cryptocurrency investments in his financial disclosure form, but listed assets worth at least $806 million and over 800 legal entities in which he is involved. Cantor Fitzgerald holds shares in Tether and plays a role in its operations. Lutnick stated in his ethics agreement that if approved by the US Senate, he will divest all of his shares in Cantor Fitzgerald and its subsidiaries. Warren questioned in the letter whether these measures were sufficient to avoid conflicts of interest and pointed out that Lutnick is a prominent supporter of Tether and his relationship with Tether's billionaire CFO Giancarlo Devasini. Tether stated in a statement that it complies with KYC rules and voluntarily cooperates with law enforcement agencies to prevent illegal activities. Tether denies any connection with criminals and has stated that it is working with law enforcement to freeze the proceeds of illegal activities. In addition, Warren hopes that Lutnick, co chair of Trump's transition team, will describe any discussions he has with new government officials regarding Tether. She also pointed out that Lutnick maintains a personal relationship with his company (both of his sons work at Cantor Fitzgerald Group) and is concerned that Lutnick may continue to exert control after divesting his holdings. (Bloomberg)

03:06

According to market reports, Microsoft (MSFT. O) is investigating whether organizations related to DeepSeek have obtained OpenAI's data. (Golden Ten)

02:59

Odaily Planet Daily News: Ripple CEO Brad Garlinghouse announced on January 28th that the native DEX swap trading volume of XRP Ledger has reached $400 million in January, averaging around $17 million per day. Since its launch in 2024, DEX has processed over $1 billion in cryptocurrency swap transactions. Garlinghouse continues to say that this rapid growth is one of the reasons why '2024 will be Ripple's most milestone year'. Other factors include the "early but promising traction" of Ripple's stablecoin RLUSD and several proposed XRP ETF applications. He added that investment bank JPMorgan estimates that the XRP ETF proposed by asset management companies Bitwise and WisdomTree will attract over $8 billion in capital inflows into XRP.