According to ChainCatcher, U.S. President Donald Trump has denied any involvement with the U.S. Department of Justice in filing a criminal case against Federal Reserve Chairman Jerome Powell. Trump stated that the federal court's subpoena to Powell is unrelated to any decisions regarding interest rate cuts by the Federal Reserve.

According to NBC, Trump stated that the Justice Department's investigation into Powell was unrelated to interest rates. Furthermore, Trump denied involvement in the Justice Department's subpoenas issued to the Federal Reserve.

According to PANews, Goldman Sachs economists anticipate that the U.S. economy will be bolstered by tax cuts, real wage growth, and rising wealth this year, with inflation expected to remain moderate. The bank's '2026 U.S. Economic Outlook' report, released on January 11, suggests that due to uncertain labor market prospects, the Federal Reserve is likely to implement two 25 basis point rate cuts in June and September. Goldman Sachs forecasts a GDP growth rate of 2.5% year-over-year in the fourth quarter of 2026, with an annual rate of 2.8%. By December, the core personal consumption expenditures (PCE) inflation rate is projected to be 2.1% year-over-year, while the core consumer price index (CPI) is expected to slow to 2%. The baseline unemployment rate is predicted to stabilize at 4.5%, although there is a risk of a period of 'no employment growth' as companies seek to leverage artificial intelligence to reduce labor costs. In terms of trade, Goldman Sachs assumes that the upcoming midterm elections will make the cost of living a significant political issue, prompting the White House to avoid any substantial tariff increases.

Regulatory approval for corporate crypto trading is set to return under new guidance finalized by the Financial Services Commission. source: https://coindoo.com/south-korea-moves-to-reopen-crypto-markets-to-corporations-after-nine-year-ban/

According to SoSoValue data, some sectors in the crypto market saw gains. The AI ​​sector rose 2.12% in the last 24 hours, with Bittensor (TAO) up 2.10%, Fetch.ai (FET) up 6.01%, and Venice Token (VVV) surging 21.89%. The DePIN sector rose 1.90%, and Render (RENDER) rose 13.65%. Bitcoin (BTC) and Ethereum (ETH) maintained a sideways trend, hovering around $91,000 and $3,100 respectively. In other sectors, the DeFi sector rose 1.22% in the last 24 hours, with MYX Finance (MYX) up 10.63%; the Layer 1 sector rose 1.14%, with Canton Network (CC) up 14.50%; the PayFi sector rose 0.48%, with Monero (XMR) surging 24.07%; the CeFi sector fell 0.25%, with FTX (FTT) remaining relatively strong, rising 3.10%; the Meme sector fell 0.27%, with BUILDon (B) bucking the trend and rising 22.12%; the Layer 2 sector fell 1.20%, with Zora (ZORA) rising 3.14% intraday. Crypto sector indices reflecting historical performance show that the ssiDePIN, ssiAI, and ssiNFT indices rose 3.35%, 3.11%, and 1.10%, respectively.

The U.S. Department of Justice on Friday threatened to file criminal charges against Federal Reserve Chairman Jerome Powell, which Powell denounced as "political pressure and intimidation." He stated that he would continue to uphold the principles of impartiality and selflessness in fulfilling his duties, undaunted by political pressure and impartial to any side.

The crypto-focused markets structure bill is set to be discussed at a markup session on Thursday. On the line is the ability for stablecoin issuers to offer rewards via crypto exchanges. source: https://cointelegraph.com/news/coinbase-could-pull-clarity-act-support-over-stablecoin-rewards-ban?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Venezuela’s oil company uses USDT to keep selling oil despite sanctions and banking problems. source: https://www.cryptopolitan.com/tethers-usdt-in-focus-after-maduros-arrest/

In this edition, we explore why token buybacks are back in the spotlight, when they work, and when teams should think twice. source: https://www.theblock.co/post/385023/the-funding-token-buybacks-crypto?utm_source=rss&utm_medium=rss

Elon Musk announces open-sourcing of X's algorithm with bi-monthly updates, sparking mixed reactions from the crypto community. source: https://coincu.com/news/musk-open-source-x-algorithm/

null source: https://x.com/angrycryptoshow/status/2010535629940040160

A freer, more open, and vibrant digital civilization, supported by decentralized protocols and jointly built and governed by autonomous intelligent agents and humans, is on the horizon.

The four-stage model of the debt crisis has been historically proven, stark and inevitable. The United States is already deeply mired in expansion, triggering its effects and increasing the risk of further damage.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2934, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

Vitalik Buterin published an open letter on Friday in support of Tornado Cash developer Roman Storm, who was convicted in August of conspiracy to commit illicit currency transfers and faces up to five years in prison.

Paragraphs 4 and 5 of the introduction provide an overview of the Bitcoin system and the Bitcoin protocol.

Zhou Investment took advantage of the pullback to buy Broadcom, while reducing its holdings in Palantir and Rocket Lab.

This week, 10 blockchain startups raised $613.5 million in funding. Rain raised $250 million in its Series C funding round, the largest round of funding this week.

With oversubscription of 14 times, many players on Polymarket questioned whether the project team manipulated the project.