According to BlockBeats, Bank of Japan Governor Kazuo Ueda is scheduled to hold a press conference at 3:30 PM local time (UTC+8) to elaborate on the recent interest rate decision and future rate paths. The market widely anticipates that the Bank of Japan will continue with a gradual, predictable, and data-dependent approach to raising interest rates, rather than adopting aggressive tightening measures. Following the announcement of the rate hike, the Japanese yen initially surged against the U.S. dollar but later retreated, falling below the 156 mark and declining by 0.3% during the day. The market's reaction indicates that the rate hike was largely anticipated by investors, supporting the central bank's assessment that the current rate adjustment is insufficient to alter the accommodative stance and is more of a step towards gradual normalization.

In an interview with TBPN, Coinbase CEO Brian Armstrong commented on prediction markets, stating, "Prediction markets are far more than just sports or policy betting; they're actually an alternative to traditional media, providing real signals from the market. Policymakers can use them to determine which policies are best implemented and understand what would happen if those policies were actually implemented. Prediction markets have a stronger signal than traditional polls; telling the truth has real incentives, while lying has strong economic penalties."

The US Senate approved President Trump's nominee Mike Selig to head the Commodity Futures Trading Commission (CFTC), and Travis Hill to head the Federal Deposit Insurance Corporation (FDIC). Selig will succeed Acting Chair Caroline Pham, playing a leading role in cryptocurrency regulation. Previously, in the absence of the permanent chair, Acting Chair Pham had been pushing an aggressive cryptocurrency policy agenda. (Coindesk)

According to Hyperbot, Huang Licheng, known as "Brother Machi," once increased his long position in ETH to 5,100 ETH, but has now reduced it to 5,000 ETH, worth $14.54 million, with a floating loss of $34,000. The liquidation price has dropped to $2,794.2.

null source: https://x.com/angrycryptoshow/status/2001860754509533616

According to data from Ark Invest Daily, Ark Invest, owned by Cathie Wood, acquired 17,386 shares of Coinbase stock yesterday, worth approximately $4.15 million.

The real crisis of AI infrastructure lies in the deep-seated financial structural mismatch—when highly depreciated computing power assets, highly volatile miner collateral, and rigid infrastructure debt are forcibly tied together, a hidden chain of default transmission has already formed.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has raised concerns about third-party Bitcoin mining hosting services, suggesting they could be classified as securities. This stance has been met with strong opposition from industry leaders. The SEC has filed a lawsuit against Bitcoin mining company VBit and its founder, Danh Vo, in a Delaware federal court. The lawsuit accuses them of fraud and misappropriating approximately $48 million from investors between 2018 and 2022 by selling more hosting agreements than there were mining rigs available. The SEC argues that VBit's hosting agreements qualify as investment contracts under the Howey test, which defines securities. The agency claims that investors purchased these agreements with the expectation of earning passive income, relying solely on VBit's efforts to generate profits, as they did not have control over the mining rigs they supposedly acquired. This approach by the SEC is seen as a continuation of its enforcement strategy under the Biden administration, which has been criticized by crypto advocates for broadly categorizing cryptocurrencies and related businesses under securities laws. The SEC further alleges that VBit's operations did not adhere to industry standards, with investors unable to monitor their rigs and the company maintaining full control. VBit reportedly directed hashrate into a mining pool it controlled, a factor that contributed to the SEC's classification of VBit's hosted Bitcoin mining agreements as securities. The SEC's filing states that the fortunes of each investor were linked to the performance of the VBit mining pool, with increased investor participation purportedly enhancing the chances of earning more Bitcoins. Despite the SEC's position, Mitchell Askew, head of Blockware Intelligence, expressed skepticism about its impact on the hosted Bitcoin mining industry. He stated that legitimate hosted mining services do not resemble investment contracts and dismissed the SEC's theory as unfounded. The SEC has not yet responded to requests for comment. This classification of hosted Bitcoin mining as a security is notable under the Trump administration, which has aimed to be more supportive of the industry. While several high-profile crypto investigations initiated under the Biden administration have been dropped, many fraud-related lawsuits remain active.

The yield on Japan's 30-year government bonds rose 1 basis point to 3.385%. (Jinshi)

According to BlockBeats, since 2024, the Bank of Japan has implemented three interest rate hikes in March, July, and January of this year. Historically, a significant portion of global capital market liquidity has originated from Japan, not solely from the United States. Japan's long-standing zero or negative interest rate policy, combined with an extremely loose monetary environment, has effectively made it a source of cheap funds for the global financial system. Consequently, Japan's interest rate hikes have a substantial tightening effect on global liquidity. Following each of these three rate hikes, Bitcoin prices experienced declines of 23.06%, 26.61%, and 31.89%, respectively. However, the latest anticipated rate hike from Japan has been well-forecasted, and the market has already responded in advance. It remains uncertain whether this round of rate hikes will lead to a similar decline in Bitcoin prices as seen previously.

Markup sessions review, amend, and vote on the bill in the committee before it advances to a full floor vote in the Senate. source: https://www.theblock.co/post/383253/david-sacks-clarity-act-january?utm_source=rss&utm_medium=rss

Trump Media is embarking on one of the most ambitious moves in its history, signaling a shift far beyond social media with a landmark partnership aimed at building a utility-scale fusion power plant by 2026.

Messari, Cryptocurrency: From Asset Class to Technology Sector - Jinse Finance, Cryptocurrency Evolves from Transactional Asset Class to Underlying Technology Track

Cryptocurrency remains an emerging and rapidly evolving experiment. To navigate the present, we must find a balance between data and belief, macroeconomic understanding and technological optimism.

Meta is developing two proprietary AI models, Mango for image and video generation and Avocado for text and reasoning, expected to launch in the first half of 2026. The company created Meta Superintelligence Labs, hired over 50 AI specialists, and shifted away from its Llama open-source models to compete with Google’s Gemini and OpenAI’s AI tools.

How accurate is the US November CPI? To what extent does the "carry forward" factor affect government data statistics?

Robinhood is just a retail distribution machine, while Coinbase aspires to be: retail distribution + commercial distribution + wallet/identity distribution.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2913, providing you with the latest and fastest news on the digital currency and blockchain industry.

Vaults are one of the concepts in the cryptocurrency world that everyone thinks they understand, mainly because they seem simple and easy to understand.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.