Odaily News Morgan Stanley expects the Federal Reserve to cut interest rates by 25 basis points each in June and September, compared to previous forecasts for rate cuts in January and April of this year. (Jin10)

According to onchainschool monitoring, a wallet that received LA tokens from a team wallet five months ago has just transferred tokens worth $1.6 million to Binance. This wallet currently still holds LA tokens valued at $13.8 million.

Odaily News: New York Representative Ritchie Torres formally introduced a legislative proposal on Friday titled the "Public Integrity in Financial Prediction Markets Act of 2026." The bill, supported by 30 Democrats including former House Speaker Nancy Pelosi, aims to prohibit elected officials, political appointees, executive branch employees, and congressional staff from using material information obtained through their positions to bet on government policies, government actions, or political outcomes in prediction markets.

Previously, a Polymarket user profited $400,000 by betting that former Venezuelan President Nicolás Maduro would step down by the end of this month, raising concerns about insider trading in the market. Ritchie Torres stated that it is necessary to prohibit government insiders from profiting through prediction markets to prevent individuals from being motivated to influence related policies for their own benefit. The bill is currently seeking support from Republicans. (The Block)

Odaily News Citi expects the Fed to cut rates by 25 basis points each in March, July, and September, compared to its previous forecast of rate cuts in January, March, and September of this year. (Jin10)

Odaily The U.S. Supreme Court is expected to issue a ruling on the tariff case on Wednesday, January 14. (Jin10)

Odaily News Fidelity's Global Macro Director, Jurrien Timmer, stated in a post that Bitcoin's current trend more closely resembles the S-curve of the internet rather than a power-law curve. If Bitcoin enters a consolidation phase within the next year, the power-law trendline might approach $65,000, potentially becoming Bitcoin's make-or-break line. However, this might (or might not) be something that happens in the future (or within the next year). Many Bitcoin supporters claim that the four-year cycle has ended and a new structural upward wave is imminent.

Odaily News: Polymarket announced on platform X that it has been designated as the exclusive prediction market partner for the Golden Globe Awards.

Odaily News a16z Crypto officially released advice from two of its executives to cryptocurrency developers, including:

1. Arianna Simpson, General Partner at a16z Crypto, stated that currently, apart from stablecoins and core infrastructure, most well-performing crypto companies are shifting towards trading platforms. This homogenized competition will dilute market attention for most businesses, with only a few winners emerging. Founders who pivot to trading businesses too quickly might miss the opportunity to build more defensible and enduring ventures. Developers who focus on the product itself rather than mere trading functionality may ultimately become bigger winners.

2. Miles Jennings, Head of Policy and General Counsel at a16z Crypto, said developers should pay attention to regulatory compliance. The Trump administration is now closer than ever to passing a crypto market structure regulatory bill. If enacted, this legislation would incentivize transparency, establish clear standards, and create a clear path for fundraising, token issuance, and decentralization.

Odaily According to Lookonchain monitoring, Bitcoin ETFs saw a net outflow of 3,826 BTC today, with a 7-day net outflow of 183 BTC; Ethereum ETFs had a net outflow of 58,467 ETH, with a 7-day net inflow of 342,134 ETH; Solana ETFs recorded a net inflow of 67,125 SOL, with a 7-day net inflow of 342,134 SOL.

Odaily News CryptoQuant, citing on-chain data, points out that addresses holding between 1,000 and 10,000 BTC have seen their holdings decrease by 220,000 BTC year-on-year, marking the fastest decline since early 2023. Historical data shows a similar situation occurred in 2021-2022, after which prices reached their peak.

Odaily News: Spot silver has broken through $80 per ounce, rising 3.96% intraday. Spot gold is up 0.86% intraday, currently trading at $4514.63 per ounce. (Jin10)

Odaily News Trump posted a chart on social media Thursday evening containing data from the yet-to-be-released December employment report. The chart showed that the private sector added 654,000 jobs "since January," a figure that matches the official data released tonight. The post was made approximately 12 hours before the scheduled data release time. The President typically receives a briefing on the data the day before its public release. (Jin10)

Odaily News White House Economic Advisor Hassett stated that the Federal Reserve needs to further cut interest rates and has a very detailed contingency plan for tariffs. (Jin10)

Odaily News According to Coinglass data, there were $31.9925 million in liquidations across the entire network in the past hour. This includes $11.85 million in long position liquidations and $20.13 million in short position liquidations. Additionally, ETH liquidations amounted to $10.91 million, while BTC liquidations reached $10.49 million.