According to Odaily, QCP Capital has indicated that inflation appears to be resurfacing as the U.S. economy shows signs of overheating. Last Friday, non-farm payrolls surged by 256,000, significantly exceeding the forecast of 164,000. Following the release of last week's macroeconomic data, any speculation about imminent interest rate cuts has dissipated, leading to a sharp decline in the stock market. Additionally, tariffs potentially implemented during the Trump era have sparked further inflation concerns. Despite the unfavorable macroeconomic environment and persistent rumors about the Silk Road, cryptocurrencies seem to have found stability, with support levels at $91,000 and $3,100 remaining intact. Implied volatility is also at relatively low levels and continues to decline, with only a slight bearish skew in the front-end market before Trump's inauguration. While the volatility market shows little reaction, cryptocurrencies are not yet out of the woods. The macroeconomic storm continues to loom, with the Producer Price Index (January 14), Consumer Price Index (January 15), and initial jobless claims (January 16) set to be released, potentially fueling market volatility. As the U.S. economy heats up, this week will be a true test for cryptocurrencies to demonstrate their role as a hedge against inflation.

A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph. source: https://cointelegraph.com/news/ftx-distribute-1-2-b-trump-inauguration?utm_source=rss_feed&utm_medium=rss%3Ft%3D1736761100050&utm_campaign=rss_partner_inbound

Shaw, founder of ai16z, posted on the X platform: "It's time to start building. I will take care of some internal affairs in the next two days, and then I will start the stream development of Eliza v2. Version v2 will be more flexible and extensible, and can support more use cases and complex interactions. Compared with the current framework version, the changes in version v2 include full autonomy, a unified wallet abstraction layer, a plug-in registry, easy setup and installation of new features, event-driven/easy to access, modularity and common types, so you can cover and modify it according to your own use cases."

According to Odaily, the Dollar Index (DXY) has exceeded the 110 mark, marking the first time it has reached this level since November 2022. The index saw a daily increase of 0.34%.

According to BlockBeats, Solana (SOL) has experienced a decline, dropping below the $180 mark. As of January 13, the cryptocurrency is priced at $179.9, reflecting a 24-hour decrease of 3.24%.

According to official news, Gate.io will launch BSX Protocol (BSX) new coin mining from January 10 to January 24, 2025, with a total mining amount of 1,542,857BSX. So far, the project has attracted more than 14,000 users to participate, with a total GT pledge of more than 1.5 million, an expected annualized return of 33.47%, and a total USDT pledge of more than 15 million, with an expected annualized return of 42.28%. It is reported that Gate Startup new coin mining was launched in June 2024, successfully launching new coin mining projects for more than 100 periods, attracting more than 800,000 users to participate. In addition, GT performed well in 2024, with GT prices hitting new highs, reaching as high as US$17.699, with an annual increase of up to 300%.

The global cryptocurrency market cap now stands at $3.29T, up by 0.26% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $92,762 and $95,940 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $92,810, down by -1.26%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include PROM, ONT, and FIRO, up by 21%, 13%, and 6%, respectively. Top stories of the day: Trump’s Inauguration Sparks Crypto Optimism, But Major Reforms May Take Time: NYDIG Bitcoin News: Bitcoin's January Slump Follows Post-Halving Trends, Analysts Say Cryptocurrency Market Value Falls Below $3.4 Trillion Barclays Predicts Federal Reserve Rate Cut in June 2025 Significant Decline in Large Bitcoin Transactions Observed Bitcoin Faces Key Resistance Zone Between $97,000 And $99,500 AI Startups in the U.S. Secure Record Funding in 2024 Increase in Bitcoin Addresses Holding Over 100 BTC Since November Zuckerberg Urges Trump to Address EU Antitrust Fines on US Tech Firms 10x Research: Trump Rally Fizzles as Macro Factors Shape Crypto and Stock Markets Former Fed Vice Chairman Randal Quarles: Trump Presidency Unlikely to Impact Fed Independence, Inflation, or Labor Market Fidelity Digital Assets Predicts Growth in Stablecoins and Tokenization by 2025 Fidelity 2025 Outlook: Ethereum’s Strengths and Solana’s Growth Weekly Token Unlocks: 21 Tokens Poised for Major Releases, ARB Tops with $95.35M Market movers: ETH: $3155.27 (-2.34%) XRP: $2.4183 (-3.68%) BNB: $672.22 (-2.90%) SOL: $179.85 (-3.18%) DOGE: $0.32284 (-3.83%) ADA: $0.9194 (-7.61%) TRX: $0.2231 (-5.98%) AVAX: $34.29 (-6.34%) SUI: $4.4151 (-8.15%) TON: $5.099 (-4.60%) Top gainers on Binance: PROM/USDT (+21%) ONT/USDT (+13%) FIRO/USDT (+6%)

Former Fed Vice Chair Randal Quarles dismissed concerns about Fed independence under Trump, citing structural safeguards against influence. source: https://www.cryptopolitan.com/fed-markets-wont-be-in-jeopardy-under-trump/

OKX market data shows that SOL fell below 180 USDT and is now at 179.99 USDT, a 24-hour drop of 3.24%. (This newsletter is generated by AI)