Foresight News posted on X (formerly Twitter). On January 23, River announced the completion of a $12 million strategic funding round, with public support from CryptoHayes. Interestingly, shortly after the announcement, the price of RIVER peaked and then began to decline. CoinGlass has previously used RIVER as an example to discuss how funding rates can be manipulated to influence price fluctuations, highlighting that this pattern has been observed in multiple tokens over the past two years. They emphasize that many traders misunderstand funding rates, which do not provide directional signals but rather indicate the imbalance between long and short positions, showing which side of the market is more crowded. The first step involves suppressing the price while pushing the funding rate into a deeply negative territory. This results in a concentration of short positions, creating a market consensus that a negative funding rate signals an impending rebound. In the second step, some traders are induced to go long during the deeply negative funding rate phase, motivated by the expectation of a rebound and the desire to receive funding rate payments. This expectation is described as part of a trap. CoinGlass argues that during extreme negative funding rates, prices do not need to undergo a trend reversal. A controlled upward push in the market can trigger a chain reaction among short positions, including liquidations, stop-losses, and passive covering.

LPL Financial's Chief Fixed Income Strategist Lawrence Gillum and Chief Economist Jeffrey Roach have highlighted the significance of the U.S. Treasury's Quarterly Refinancing Announcement (QRA) during atypical periods. According to Jin10, they noted that in most quarters, the QRA typically confirms existing market expectations. The Treasury usually adjusts auction sizes gradually and incrementally, providing signals well in advance. For instance, increasing the auction size of 10-year Treasury bonds by $1 billion to $2 billion rarely impacts the market significantly, as such changes are either anticipated or too minor to fundamentally alter the supply-demand balance. However, the experts emphasized that during unconventional times or when borrowing plans deviate from market expectations, the QRA becomes crucial. The U.S. Treasury is scheduled to release a new round of quarterly refinancing announcements on Wednesday, February 4, 2026.

Spot crypto trading volumes have fallen by half since October as liquidity dried up and investor engagement weakened. source: https://cointelegraph.com/news/crypto-volume-contraction-sends-markets-back-to-2024-levels-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

On February 3, Barclays highlighted that since 1930, the S&P 500 Index has typically seen an average decline of about 16% within six months of a new Federal Reserve Chair taking office. According to BlockBeats, this drop is notably higher than usual market corrections. If Kevin Warsh assumes the role in May, U.S. stocks may face renewed pressure. The report suggests that new chairs often encounter market 'tests' shortly after their appointment. Following U.S. President Donald Trump's nomination of Warsh to replace Powell, the stock market has already experienced a downturn, with investors perceiving Warsh as not being a dovish candidate. Analysts believe that amid controversies over the Federal Reserve's independence, high inflation, and slowing employment, a leadership change could heighten uncertainty in monetary policy. If Warsh advocates for balance sheet reduction, it might further drain liquidity and negatively impact risk assets. However, his hawkish stance on the balance sheet could help suppress gold prices and temporarily support the dollar.

Cardano is currently experiencing significant downward pressure in the market, largely due to the influence of Bitcoin's performance, which is causing ADA, Cardano's native cryptocurrency, to decline further and approach a crucial support level. Traders and investors are closely monitoring this situation, as a breach of this support could lead to increased volatility and further losses for Cardano, making it a critical point to watch in the ongoing market dynamics. source: https://blocknews.com/cardano-faces-heavy-pressure-as-bitcoin-drag-pulls-ada-toward-critical-support/

Monday's inflows ended a four-day streak of outflows and marked the ETFs' largest daily intake since Jan. 14. source: https://www.theblock.co/post/388134/spot-bitcoin-etfs-562-million-inflow?utm_source=rss&utm_medium=rss

纽约期金突破 4900 美元/盎司，日内涨 5.34%。(金十)

ING Deutschland has opened retail access to cryptocurrency-linked ETNs, allowing customers to gain exposure to Bitcoin, Ethereum and Solana. source: https://cryptonews.com/news/german-bank-ing-deutschland-opens-retail-access-to-crypto-linked-etns/

随着全球市场趋于稳定以及对人工智能支出担忧的缓解，市场风险偏好在周二得到广泛修复。日韩股市较昨日大幅反弹，韩国 KOSPI 指数收涨 6.84%，报 5288.08 点。其中芯片制造商三星电子和 SK 海力士成为最大的助推力。三星股价盘中涨幅一度扩大至 10%，创 2020 年 3 月以来最大单日涨幅。日经 225 指数收涨 3.92%，报 54720.66 点，创历史新高。台湾加权指数收涨 1.81%，报 32195.36 点。(金十)

争夺区块链首个整合新兴AI代理经济平台的战役正愈演愈烈——MultiversX率先发起了第一击。

Igor Runets, the founder and chief executive of BitRiver, has been placed under house arrest in Moscow on multiple charges of tax evasion, as Russia’s largest Bitcoin mining company enters a deep financial and legal crisis. source: https://www.ethnews.com/russian-crypto-mining-giant-bitriver-collapses-as-founder-faces-house-arrest/

预测市场并非新鲜事物，它实现了去中心化，基础设施和监管解锁市场潜力，而不确定性正成为金融资产类别。

特朗普、沃什、马斯克、彼得·蒂尔、迈克尔·塞勒、布罗克·皮尔斯、加里·根斯勒……

Elon Musk,SpaceX,XAI,人工智能,一位SpaceX投资人眼中的xAI并购 金色财经,永远不要怀疑马斯克的故事能力。

预测市场并非新生事物，它们只是最终实现了去中心化，基础设施和监管释放了市场潜力，而不确定性正在成为一种金融资产类别。

野村证券因旗下加密货币业务Laser Digital的交易亏损导致财年第三季度利润下滑9.7%，已加强该部门的风险管控。此前比特币在10月创下历史新高后加密货币市场暴跌，重创了该部门的交易头寸。

坏消息是：自2025年1月以来，我们一直处于加密货币寒冬之中。好消息是：我们很可能已经接近寒冬的结束，而不是开始。

加密货币市场正悄然重现熟悉的寒意。交易屏幕日渐冷清，订单簿日渐稀薄，各大加密货币交易所的股价正急剧下滑——这令人想起以往比特币寒冬的场景，那些寒冬总在狂热投机之后降临。

​当地时间周一，美国白宫官员与加密行业和主要银行业团体的领导人会面，试图缓解一项关键的稳定币持有收益监管争议。

在这个巨大的名利场里，K 线是画给散户看的，而真正的交易，早就写在了选票里。