Odaily News According to Adam Button, an analyst at the financial website investinglive, it appears that the precious metals feast is over, and it was truly unprecedented and unlikely to be repeated. As for gold, I find it hard to imagine its price falling below $4,000. If it actually drops to that level, I believe some deep-pocketed investors will step in to buy, but I won't make any hasty statements before that happens. For holders? It's a tricky decision. This market situation could improve rapidly or experience significant volatility, and making panicked decisions during Friday's late session is certainly not wise. Will we see further selling pressure akin to a 'Black Monday'? Personally, I think that's unlikely to happen unless there's some trigger beyond the Iran deal.
Odaily News Fed's Mousalem said on Friday that given inflation has consistently exceeded the Fed's 2% target, he is reluctant to support further rate cuts. Mousalem stated that he agrees with the Fed's decision this week to keep interest rates unchanged and believes that with rates between 3.5% and 3.75%, the Fed's target rate is no longer high enough to significantly restrain the economy. Persistent price increases should prevent the Fed from lowering rates to support the economy. Mousalem said, "Given that inflation is above target and the risks to the economic outlook are roughly balanced, I believe it is not appropriate to lower rates into accommodative territory at this time." Mousalem also noted that attempting to ease labor market pressures by lowering the short-term rates controlled by the Fed could be counterproductive. He stated that such a move might raise concerns about future inflation and push up long-term rates, which are a key factor in determining mortgage costs and corporate borrowing costs.
Odaily News Spot gold fell below $4,800 per ounce, with an intraday decline of 10.75%, retreating more than 15% from the record high set yesterday ($5,596 per ounce).
Odaily News Spot silver has fallen below $81 per ounce, dropping 29.87% intraday.
Odaily News Spot silver plummeted 20.00% intraday, marking its largest single-day drop since 2008, currently trading at $92.19 per ounce.
Spot gold declined further, falling below $4,900 per ounce, with an intraday drop of nearly 9%. (Jin10)
Odaily News CZ stated in an AMA that recent personal attacks against him were carried out by a "water army." These accounts launch public opinion attacks for a fee. CZ specifically advised KOLs not to participate in such activities, pointing out that engaging in them will lead to losses in the long run.
Odaily News CZ stated in an AMA that Binance, as a platform, listing various altcoins does not mean it is responsible for the price performance of these tokens. CZ compared Binance to Nasdaq, pointing out that Nasdaq also lists various stocks, but the market performance of each stock varies.
Odaily News CZ stated in an AMA that Binance does not participate in trading and possesses defense mechanisms and funds. An attacker would need to use tens of billions of dollars to potentially execute a price manipulation attack, and he believes there is no one who would take such action. Therefore, the claim that Binance's active selling led to the 10.11 crash is untrue.
Odaily News According to Markus Thielen, founder of 10x Research, the market generally views Kevin Warsh's return as a bearish signal for Bitcoin. Kevin Warsh emphasizes monetary discipline, advocates for higher real interest rates, and supports reducing liquidity. This stance positions cryptocurrencies as speculative excesses that would fade with the end of loose monetary policy, rather than as a hedge against currency devaluation.
Previously, during the 2008 financial crisis, Kevin Warsh repeatedly mentioned inflation risks and was critical of quantitative easing policies. Currently, Trump is demanding rapid interest rate cuts, which conflicts with Kevin Warsh's historically hawkish stance. Some analysts are skeptical about his future ability to cooperate with interest rate cut policies.
Odaily News According to a report from CCTV News, on January 30 local time, the Office of Foreign Assets Control (OFAC) under the U.S. Department of the Treasury issued an announcement updating the anti-terrorism and anti-proliferation sanctions list related to Iran. Several senior individuals from Iran's Islamic Revolutionary Guard Corps (IRGC) and law enforcement system were added to the "Specially Designated Nationals and Blocked Persons List" (SDN List). The announcement indicates that the newly added individuals subject to sanctions include IRGC commanders from multiple provinces in Iran, heads of IRGC intelligence organizations, and senior officials from law enforcement agencies. Most of these designated persons also face the risk of "secondary sanctions."
Odaily News According to Lookonchain monitoring, the 144,000 USDC deposited by Machi Big Brother into Hyperliquid yesterday has incurred a total loss. Subsequently, Machi (0x021...382) deposited another 249,000 USDC to continue going long on ETH and HYPE. His current positions include 2,000 ETH, valued at $5.47 million, and 10,889 HYPE, valued at $318,000.
According to a disclosure on the SEC's official website, SEC Chair Paul S. Atkins and CFTC Chair Mike Selig formally launched the joint initiative "Project Crypto" at the CFTC headquarters on January 29. This initiative aims to coordinate the regulatory standards of the two agencies for the cryptocurrency market, in response to the bipartisan market structure legislation currently advancing in Congress. Paul S. Atkins stated that the current regulatory model struggles to adapt to the current state of technological convergence, and fragmented regulation has become a source of confusion for investors rather than protection. Project Crypto will seek to establish a unified framework in areas such as trading, clearing, custody, and risk management, and will follow the principle of "minimum effective dose" for appropriate regulation. Furthermore, over the past year, SEC Staff have provided guidance on matters including Memecoins, stablecoins, mining, staking, and broker-dealer financial responsibility, and clarified that registered advisers and regulated funds may hold crypto assets with specific state-chartered financial institutions. This initiative marks a shift in regulatory focus from enforcement-driven actions towards rule clarity, aiming to reduce compliance costs through inter-agency collaboration.
According to data from CoinGlass, the total liquidation amount across the entire network in the past 24 hours reached $1.464 billion. Among these, long position liquidations amounted to $1.341 billion, while short position liquidations were $123 million. A total of 202,756 traders were liquidated. In the most recent hour, liquidations were $34.2209 million; over the past 4 hours, they were $63.1179 million; and over the past 12 hours, liquidations reached $225 billion. The largest single liquidation occurred on the BTC-USDT trading pair on HTX, valued at $80.5799 million.
Odaily News Coinbase CEO Brian Armstrong posted on the X platform, stating that tokenized stocks will bring major positive changes to the financial system, and this trend is set to be realized in the short term. The United States is at the forefront in this field.
