Odaily News Pantera Capital General Partner Franklin Bi posted on the X platform, stating that the quantum-resistant competition has already begun, but the market has significantly misjudged the adaptability of traditional finance versus blockchain. The market overestimates the speed at which the Wall Street system can adapt to quantum-resistant technology upgrades, as the migration process for traditional financial infrastructure will be slow, chaotic, and difficult to escape risks like single points of failure. The overall security of the traditional financial system depends on its weakest link.
At the same time, the market underestimates the unique capability of blockchain technology to upgrade. If upgrades can be successfully completed within the critical window, some blockchains are expected to evolve into "safe havens" for data and assets in the quantum-resistant era. Ethereum has already proven to be one of the few successful examples capable of completing complex system upgrades on a global scale (such as the previous The Merge upgrade). The security crisis brought by quantum computing may instead strengthen the "gravitational effect" of a few core blockchain networks.
Odaily News: Garrett Jin, the agent for the "1011 Insider Whale," posted on X stating that the probability of BlackRock executive Rick Rieder becoming the next Federal Reserve Chair has risen to 59.9%, significantly ahead of Kevin Warsh (22%). It is reported that Trump has completed interviews and has a clear preference. Rick Rieder is recognized for his central bank-level steady demeanor and bold vision for Fed reform. The result could be announced as early as next week. If elected, there would be two major benefits: First, smoother advancement of RWA on-chain, reduced regulatory friction, and accelerated institutional capital inflows. Second, enhanced stability in the U.S. Treasury and bond markets, improving Treasury issuance efficiency and balance sheet repair, aligning with the current administration's policy direction. Market views suggest that Rick Rieder leading the Fed would be a significant positive for RWA and ETH, potentially further heating up the RWA narrative.
Odaily News According to data from GMGN, the market capitalization of the Solana-based meme coin PENGUIN briefly touched $98.43 million, setting a new record high, and is currently reported at $90.81 million.
Odaily reminds users that meme coin prices are highly volatile; investors are advised to participate with caution.
Odaily News According to a post by BitcoinTreasuries.NET on platform X, as of January 24, 2026, the top 100 listed companies globally holding BTC assets collectively hold 1,127,981 BTC. Over the past 7 days, 4 companies increased their holdings, while 1 company reduced its holdings.
Odaily News Recently, despite Trump moderating his tone towards Europe, Wall Street remains concerned that his hostility and disparagement towards the continent could lead to one of the largest buyer groups for U.S. stocks exiting the market. In fact, signs indicate this is already happening. Vincent Mortier, Chief Investment Officer of Amundi, Europe's largest asset manager overseeing 2.3 trillion euros ($2.7 trillion), stated: "We are seeing more and more clients wanting to diversify away from U.S. stock risk. This trend started in April 2025 but accelerated this week." He noted that any form of "decoupling" would be a long-term and complex process. European investors hold approximately $10.4 trillion in U.S. stocks, with over half held by investors from the eight countries threatened by Trump with tariff hikes. Hugo Ste-Marie, a strategist at Scotiabank, pointed out that European holdings account for 49% of all foreign-held U.S. stocks, a proportion large enough to pose a threat to the market. While a coordinated European sell-off of U.S. assets is unlikely, as Trump's threats and insults persist, fund managers from London to Berlin to Madrid are receiving increasing inquiries from clients about reducing exposure to U.S. assets. (Jin10)
Odaily News According to Lookonchain monitoring, Cooker.hl (8deJ...EhU6) previously spent 6 SOL (approximately $867) to purchase 16.5 million PENGUIN, and subsequently sold all of them for 6.12 SOL (approximately $886), making a profit of 0.12 SOL (approximately $18). Currently, those 16.5 million PENGUIN are worth $1.4 million, meaning Cooker.hl missed out on a $1.4 million profit.
Odaily News Neynar co-founder rish announced on platform X that he has officially taken over the Farcaster protocol, its client operations, and Clanker. The future vision is to continue building an ecosystem centered around builders, enabling creators and developers to smoothly transition from initial ideas to sustainable revenue models. This includes: supporting product openness, where products built on Farcaster can be used on any platform and directly support global transactions, asset issuance, and on-chain ecosystems; ecosystem integration and the fusion of software generation, crypto-native payments, and a builder-first network, as well as supporting multiple types of builders. rish emphasized that the Farcaster client, protocol, and Clanker will not be shut down. Product iterations will be gradually advanced based on community feedback, and features such as trader wallets and low-fee subscriptions for Pro users will remain unchanged. Short-term planning will begin with priority assessments.
Odaily News: Bill Miller IV of Miller Value Partners stated that despite Bitcoin's underperformance and its failure to hold above $100,000, he remains firmly bullish on Bitcoin. He views the current pullback as a healthy consolidation and believes Bitcoin has formed a higher bottom than earlier in 2025. (Bitcoin News)
Odaily News Trump will attend a summit on the "Trump Account" next Wednesday local time. (AXIOS)
Odaily News Strategy launched Europe's first non-US perpetual preferred stock, STRE, last November with a face value of 100 euros and an annual dividend of 10%. It was ultimately issued at a discounted price of 80 euros, raising approximately $715 million. However, the market response after listing has been weak. Analysis suggests the cold reception for STRE is primarily due to limited access through its Luxembourg Euro MTF listing channel, making it difficult for mainstream brokers and retail platforms to trade, coupled with a lack of transparent pricing and market data. Strategy has not yet announced follow-up plans, and the market is watching whether it will continue to deepen its efforts in Europe or maintain its focus on the US market. (CoinDesk)
According to an announcement from Huobi HTX, the exchange has opened deposit services for SKR at 18:00 (GMT+8) on January 24. The SKR/USDT spot trading will commence at 21:00 (GMT+8) on January 24. Withdrawal services for SKR will be available starting at 21:00 (GMT+8) on January 25. It is reported that Solana Mobile Seeker is building a decentralized mobile ecosystem, aiming to challenge the entrenched mobile industry giants through its TEEPin network architecture and community governance. Its vision is to create a platform that is community-owned, governed in a decentralized manner, free from intermediary censorship, enabling direct connections between developers and users, and featuring the TEEPin security architecture.
Odaily News According to Polymarket data, the probability of Rick Rieder being elected as the next Federal Reserve Chair has risen to 59%, making him the top contender. The probability of Kevin Warsh being elected is currently reported at 27%, Kevin Hassett at 5%, and Christopher Waller at 6%.
Related reading reference: "As the Final Candidate on the Fed Chair Shortlist, What is Rick Rieder's Stance on Crypto?"
According to data from GMGN, the market capitalization of the Solana-based meme coin PENGUIN has broken through $80 million, reaching a new all-time high and is currently reported at $80.31 million.
Odaily reminds users that meme coin prices are highly volatile, and investors are advised to participate with caution.
Odaily News According to Opinion's prediction for the "AFC U23 Asian Cup 2026 Winner" (U-23 Asian Cup final), China's probability of winning is currently reported at 27%, having increased by 12% within the day.
It is reported that the U-23 Asian Cup final will commence at 11 PM Beijing Time on January 24th.
Odaily News Blockchain technology developer R3 has announced plans to reposition and transform itself into a Solana-based tokenization and on-chain capital market. It will focus on high-yield institutional assets, such as private credit and trade finance, and package them into DeFi-native structures. The aim is to bring Wall Street-level assets on-chain and introduce off-chain capital into the on-chain market at scale.
It is reported that currently, R3, through its Corda blockchain platform, already supports assets exceeding $10 billion in scale. It has also established partnerships with institutions including HSBC, Bank of America, Banca d'Italia, Monetary Authority of Singapore, Swiss National Bank, Euroclear, SDX, and SBI. (CoinDesk)
Odaily News According to an official announcement, Gate will launch spot trading for Nietzschean Penguin (PENGUIN) at 20:00 (UTC+8) on January 24th. Perpetual contract live trading (USDT-settled) with 1-20x leverage will follow at 20:10 (UTC+8). Gate Perp DEX will be launched simultaneously.
Gate will add PENGUIN to its Unified Account for margin lending and isolated margin trading pairs at 20:10 (UTC+8) on January 24th. The PENGUIN Wealth Management (Yu Bao Bao), flexible collateralized lending, and fixed-term collateralized lending features will also go live concurrently. The PENGUIN trading bot and copy trading will be available within one hour after its perpetual contract listing. PENGUIN flash swap and dollar-cost averaging features will be launched successively one hour after its spot trading begins.

