Odaily News Spot gold surged by $100.03 intraday, recently breaking through $5280 per ounce, with a gain of 1.93%. (Jin10)
Odaily News Matrixport released its chart for today, stating that the "GENIUS Act" is expected to prohibit stablecoin issuers from paying interest or yields to holders. Funds may therefore shift towards yield-generating alternatives such as tokenized money market funds. USDC has seen net redemptions of approximately $6.5 billion over the past six weeks, leading to a contraction in stablecoin liquidity, which in turn has weakened short-term purchasing power in the crypto market.
At the same time, funds are flowing out of stablecoins into traditional safe-haven assets like gold and silver, further contracting the supply of stablecoins. Correspondingly, Circle is shifting its focus from "market cap size" to "transaction activity," and through initiatives like the Circle Payment Network, as well as partnerships with companies like Intuit, is promoting the use and payment adoption of stablecoins in real-world scenarios.
Odaily News According to an official announcement, BitMart will list USAT (USAT) at 13:00 (UTC+8) on January 28. The listing will open the USAT/USDT trading pair.
USAT is a federally regulated stablecoin compliant with the GENIUS ACT, issued by Tether in collaboration with Anchorage Digital Bank N.A.
Odaily News Binance Alpha will list Moonbirds (BIRB) on January 28. Eligible users can visit the Alpha event page to claim the airdrop using Binance Alpha points after Alpha trading opens. Specific details will be announced separately.
According to an official announcement, Gate's Index Zone will launch real-time trading for BVIX (BTC Volatility Index) and EVIX (ETH Volatility Index) perpetual contracts (USDT-settled) on January 28th at 15:00 (UTC+8), supporting 1-50x leverage.
Gate's index perpetual contracts are based on mainstream global indices and volatility indices, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 7×24 hour trading, they provide users with trading options that are closer to the global macro market. As an important indicator for measuring market uncertainty, the rise and fall of the VIX reflects changes in investor expectations of risk and is often used for hedging and risk aversion. Its launch further provides investors with more professional trading tools, expanding opportunities for cross-market trading and strategic positioning.
Odaily News OKX will officially launch the XAGUSDT perpetual contract on its web platform, mobile app, and API at 20:00 (UTC+8) on January 28, 2026, supporting up to 20x leverage.
Odaily News: Market data shows that BNB has risen above 900 USDT and is currently trading at 902 USDT, with a 24-hour increase of 1.91%.
Odaily News Daiwa Securities economists stated that the Bank of Japan may raise its policy rate again between April and June, which could be earlier than previously expected. The economists noted in a research report: "Fiscal expansion and a weak yen have heightened market concerns about price increases, prompting calls for an earlier interest rate hike." They added that as Bank of Japan Governor Kazuo Ueda has hinted at closely monitoring Japanese companies' price adjustments in April, the central bank's branch manager meeting that month and the Tokyo area's April CPI data could become key factors in deciding the next rate hike. (Jin10)
Odaily News: The UK Advertising Standards Authority (ASA) has banned a series of advertisements from Coinbase, stating that these ads portrayed the cryptocurrency exchange as a solution to cost-of-living issues while downplaying the risks of crypto investment. The ASA said the ads, which included a satirical-style music video and three posters, were "irresponsible" and "downplayed the risks of cryptocurrency." By using humor to address serious financial problems and implying "change," they could mislead consumers into thinking that complex, high-risk financial products are a simple or obvious choice to tackle these issues. These ads had previously been rejected for similar reasons by the television advertising clearance body Clearcast. (Cointelegraph)
Odaily News The following are institutions' forecasts for the Federal Reserve's interest rate decision, all expecting the Fed to keep rates unchanged this time:
1. Macquarie: Expects rates to remain unchanged; the decline in the unemployment rate will guide the Fed to hold steady.
2. Goldman Sachs: Expects rates to remain unchanged; the Fed will only make minor adjustments to its monetary policy stance.
3. Nomura Securities: Expects rates to remain unchanged. Policy guidance will continue to indicate a higher threshold for future rate cuts.
4. Oxford Economics: Expects rates to remain unchanged. Economic growth is expected to improve this year, and the Fed will maintain its policy unchanged until June.
5. Citibank: Expects rates to remain unchanged. The truly important signal will come from Powell's tone, especially the extent to which he leaves the door open for future rate cuts.
6. Barclays: Expects rates to remain unchanged; the combination of employment and inflation data does not support an immediate continuation of rate cuts. The FOMC needs time to assess the impact of recent rate cuts.
7. Rabobank: Expects rates to remain unchanged. The majority of committee members believe that the three insurance rate cuts implemented at the end of last year are sufficient.
8. JPMorgan Chase: Expects rates to remain unchanged. The labor market is not deteriorating rapidly, and the recent stabilization in the unemployment rate should ultimately lead the FOMC to reach a consensus to hold steady.
9. Morgan Stanley: Expects rates to remain unchanged. It is expected that the statement will upgrade the economic growth outlook from "moderate" to "solid" and remove the wording regarding "increased downside risks to employment."
10. KBC: Expects rates to remain unchanged. The easing of downside risks in the labor market and the expected growth in real GDP together reduce the necessity of a rate cut at the January meeting.
It is reported that the Federal Reserve's FOMC will announce its interest rate decision at 3:00 AM on January 29. (Jin10)
1. Tether plans to purchase 1–2 tons of gold weekly in the coming months and capture arbitrage opportunities through active trading;
2. A whale spent $3 million to purchase 90.7k HYPE tokens;
3. The market cap of Base ecosystem Meme token CLAWD briefly touched $33 million, with a 170% intraday gain;
4. Japan's Financial Services Agency (FSA) solicits public comments on digital payment and cryptocurrency regulatory details;
5. Farcaster founder: Had hoped to issue a token for Farcaster but did not wait for the right timing;
6. A whale made a floating profit of $13.03 million from a 5x leveraged long position on HYPE;
7. Bitcoin spot ETFs saw a total net outflow of $147 million yesterday, with BlackRock's IBIT leading with a $103 million net outflow;
8. Ethereum spot ETFs saw a total net outflow of $63.5334 million yesterday, with BlackRock's ETHA leading with a $58.9679 million net outflow.
Odaily News: The decentralized Meme infrastructure 2U2.ai, incubated by the Japanese comprehensive creative production platform DreamTech, has launched its decentralized Meme production and distribution protocol, aiming to reconstruct the Meme culture production and dissemination chain.
Through AI-driven creation tools and native dissemination mechanisms, the 2U2.ai Meme Layer provides communities with scalable Meme production capabilities, transforming Memes from mere content and culture into fundamental units that drive consensus, attention, and value flow.
During the cold start phase, 2U2.ai has already attracted over 100,000 users to participate through various campaigns, and its product model has completed preliminary validation. Next, the project plans to launch an airdrop incentive mechanism and continuously iterate product features to further expand the application boundaries of Memes in community expression, cultural narrative, and on-chain value synergy. The goal is to make Memes more than just content, but a core infrastructure module for on-chain ecosystems.
Odaily News Japan's financial regulator, the Financial Services Agency (FSA), has initiated a public comment period on draft implementation rules concerning cryptocurrencies, electronic payment instruments, and financial institutions. The draft clarifies specific execution requirements following the 2025 amendments to the Payment Services Act, including updates to official notices, administrative guidelines, and related regulatory rules.
The draft covers multiple aspects, including the designation of newly added bonds as supporting assets, the regulatory framework for electronic payment instruments and crypto-related intermediary services, and updated regulatory guidelines for financial institutions and their subsidiaries. This public consultation will last until February 27, 2026. After completing the necessary procedures, the relevant regulations will officially take effect, and the consultation results will be announced separately.
Furthermore, the Japanese FSA is planning adjustments to the overall regulatory framework, with the goal of launching Japan's first batch of spot crypto ETFs by 2028. The related roadmap also includes reclassifying cryptocurrencies as "specific assets" under the Investment Trust Act, promoting a reduction of the crypto capital gains tax from a maximum of 55% to a unified 20%, and reserving implementation space for further strengthening custody and investor protection standards. (Cryptobriefing)
According to data from GMGN, the market cap of the Base ecosystem meme coin CLAWD briefly touched $33 million and is currently reported at $31.17 million, representing an intraday increase of approximately 170%.
Odaily reminds users that meme coin prices are highly volatile, and investors should be aware of the risks.
According to data from SoSoValue, Bitcoin spot ETFs experienced a total net outflow of $147 million yesterday (U.S. Eastern Time, January 27).
The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $103 million. Currently, IBIT's historical total net inflow stands at $62.816 billion.
Following that was Fidelity's ETF FBTC, with a single-day net outflow of $44.5591 million. Currently, FBTC's historical total net inflow stands at $11.415 billion.
As of the time of writing, the total net asset value of Bitcoin spot ETFs is $114.989 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) reaching 6.44%. The historical cumulative net inflow has reached $56.354 billion.
