1. Bitcoin approaches $60,000, potentially marking its biggest single-day drop since the FTX incident. 2. Analysis: Market performance is weaker than in the early stages of the 2022 bear market; BTC may fall to $60,000. 3. Panic intensifies in the crypto market; the fear index has dropped to 94. 4. $759 million in liquidations across the network in the past 4 hours, with nearly $400 million liquidated in BTC alone. 5. Binance USDT's OTC price briefly rose to 7.4 yuan; the USDT premium is currently at 4.89%. 6. Opinion: Institutional investors favor "traditional financial" BTC yield strategies, avoiding the risks of chasing high prices. 7. Bitcoin's "limited supply of 21 million coins" selling point is questioned by the market; ETFs and futures create a "synthetic supply" impacting the market. 8. US CFTC Chairman: Supports legitimate innovation in prediction markets. 9. Brazil passes legislation to ban algorithmic stablecoins; violations could result in up to 8 years imprisonment. 10. Binance Futures will list MSTR, AMZN, etc. 11. Vitalik's planned donation of 16,384 ETH has reached 27.6% completion. 12. Wintermute CEO: The public chain debate is a false proposition; crypto is losing its way. 13. "Big Short" Michael Burry: The current Bitcoin trend may repeat the 2022 bear market rhythm. 14. BlackRock deposits 3,900 BTC and 17,197 ETH into Coinbase. 15. Machi Big Brother suffers 6 more liquidations, then deposits 250,000 USDC into Hyperliquid to continue going long on ETH and HYPE. 16. Bitwise submits a Uniswap ETF registration statement to the US SEC, intending to track UNI. 17. Pendle: sPENDLE buyback is scheduled to launch on February 9th, with the first batch of proceeds distributed on February 13th. 18. Aster completes its 4th and 5th rounds of trading. 19. Circle partners with Polymarket to optimize prediction market stablecoin infrastructure. 20. OpenAI launches OpenAI Frontier platform. 21. Gemini plans to lay off up to 25% of its workforce, affecting the US and Singapore markets. 22. Strategy reports a $12.4 billion loss in Q4; Bitcoin pullback drags stock down 17% in a single day. 23. Tether invests $150 million in Gold.com, increasing its tokenized gold distribution. 24. US planned layoffs surge in January, reaching the highest monthly level in 17 years. 25. US initial jobless claims for the week ending January 31 were 231,000, compared to an expected 212,000. 26. Penguin Securities completes approximately $18 million funding round, with several Japanese investment institutions participating. 27. JPMorgan Chase: Bitcoin may reach $266,000 in the long term, increasing its attractiveness relative to gold. European tokenization companies are calling for changes to the DLT pilot program, warning that on-chain markets may shift to the United States.

Recently, Professor Kim Jeong-ho, known as the 'Father of HBM' from the Korea Advanced Institute of Science and Technology, highlighted the increasing importance of artificial intelligence's thinking and reasoning capabilities. According to Jin10, during the 'HBF Research Content and Technology Development Strategy Briefing,' Kim emphasized that the transition from text to voice interfaces will inevitably lead to a dramatic increase in data requirements. Kim predicts that due to HBM's inability to meet the rapidly growing demand, the industry will inevitably adopt HBF. Currently, the structure involves vertically connecting up to two graphics processing units (GPUs) and attaching HBM alongside GPUs to handle operations. However, in the future, the simultaneous attachment of HBM and HBF could eliminate capacity limitations. Once the MCC (Memory-Centric Computing) architecture, which organically combines CPU, GPU, and memory on a single basic chip, is completed, the required HBF capacity will further increase. From 2038 onwards, the demand for HBF is expected to surpass that of HBM.

Hong Kong's leading technology stocks experienced a downturn, with Baidu (09888.HK) dropping over 4%. According to Jin10, JD Health (06618.HK) and Alibaba (09988.HK) both fell more than 3%, while other stocks such as Kuaishou (01024.HK), Bilibili (09626.HK), NetEase-S (09999.HK), and JD.com (09618.HK) also followed suit with declines. The market sentiment reflects broader concerns impacting tech stocks in the region.

SoftBank Group is set to release its third-quarter financial report next week, marking the first opportunity for the Japanese tech giant to address reports of its consideration to increase investment in OpenAI. According to Jin10, industry research suggests that expanding its current 11% stake could pressure its credit rating. Reports indicate that a $30 billion investment increase might push the group's debt-to-equity ratio to a 35% downgrade trigger point, potentially necessitating at least $15 billion in asset sales and margin loans to maintain the ratio below 25%. Following Toyota Motor's earnings release later today, Nissan Motor and Honda Motor are the next automakers scheduled to announce their financial results. Given all three companies' exposure to the U.S. market, a weaker yen is considered beneficial for them.

The Bank of England's recent survey indicates a further cooling in UK employers' wage growth expectations for January. According to Jin10, the central bank is closely monitoring signs of slowing wage increases to determine the timing of potential interest rate cuts. The survey shows that, based on a three-month moving average, businesses' expectations for wage growth over the next year fell by 0.1 percentage points to 3.6% in January, matching the lowest level since the data was first released in 2022. Expectations for price increases over the next year also slightly decreased, dropping by 0.1 percentage points to 3.5% in the three months ending in January. The Bank of England maintained interest rates at 3.75% on Thursday, with market predictions suggesting one or two 25 basis point cuts by 2026. Despite the overall inflation rate rising to 3.4% in December, the central bank noted that if the anticipated sharp decline in inflation from April proves persistent, there remains room for further rate cuts this year. The survey also reveals that businesses expect overall inflation for the next year to be 3.2%, down from 3.4% in the three months ending December. Additionally, companies anticipate a 0.2% reduction in employment levels over the next year, compared to a 0.4% decline expected in the December survey.

null source: https://x.com/reutersbiz/status/2019580631181603303

According to data from the Binance platform, the OTC price of USDT briefly rose to 7.4 yuan, and is currently trading at 7.28 yuan. The current USD/CNY exchange rate is 6.94, resulting in a USDT premium of 4.89%.

According to data from Alternative.me, the Fear & Greed Index for the crypto market dropped to 9 today, entering the "extreme fear" range, a further decline from 12 the previous day and 16 last week. The data shows that market sentiment has deteriorated rapidly in the short term, while last month the index was 42, indicating a "fear" level. Note: The Fear & Greed Index ranges from 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Overall Market (10%) + Google Trends (10%).

Asset management firm Bitwise has submitted a registration statement for its Bitwise Uniswap ETF to the Securities and Exchange Commission, becoming the first institution to formally advance an ETF based on Uniswap's governance token, UNI. The filing indicates that the fund's primary investment objective is holding UNI, and it will initially not include staking, though this may be adjusted later. If approved, the custodian will be Coinbase Custody Trust Company. This application comes against the backdrop of a more favorable environment for crypto ETFs in the United States. (The Block)

Foresight News posted on X (formerly Twitter). The Fear and Greed Index has fallen to 9, indicating a state of 'extreme fear' in the market. This marks the first time in nearly a year that the index has dropped below 10. Bitcoin is nearing the $60,000 threshold, reflecting the heightened anxiety among investors.

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