Important information last night and this morning (January 19th - January 20th)
Reprinted from panewslab
01/20/2025·3days ago
Trump takes credit for US stock market surge and Bitcoin's recent all-time high
In his final speech before taking office, U.S. President-elect Donald Trump took credit for the surge in the stock market and Bitcoin’s recent all-time high, The Block reported. Donald Trump said at the rally: “You have seen results that no one expected, with stocks soaring and small business optimism surging 41 points to a 39-year high since the election. Bitcoin has surged again and again It’s a record high. This is the Trump effect.”
Trump’s wife issued Meme coin MELANIA, with a current market value of approximately US$6.4 billion
Trump’s wife Melania said on social media in the early morning that people can now buy the Meme coin MELANIA. According to gmgn data, MELANIA’s market value is currently approximately US$6.4 billion. Trump forwarded this message after he had previously issued his own exclusive cryptocurrency, TRUMP, which plunged after his wife announced the issuance of MELANIA. It briefly fell below $40 and then rebounded, now back to $46.
MicroStrategy founder Michael Saylor released information related to Bitcoin Tracker for the eleventh consecutive week, but this time it is different from before. He said: "Things will be different tomorrow." (Note: The website has been updated every time MicroStrategy buys BTC. A green dot will be marked on the corresponding date, and the BTC price trend line will be in blue.) According to previous rules, MicroStrategy always increases its holdings of Bitcoin the day after the relevant news is released.
Italian lawmaker urges country’s banking foundation to buy Bitcoin
An Italian lawmaker is urging Italy’s banking foundations to invest in Bitcoin, arguing that such investments could accelerate the country’s support for the leading cryptocurrency, Decrypt reported. However, while the United States is pushing for a strategic Bitcoin reserve at both the national and state levels, he does not expect Italy to establish a similar reserve anytime soon. Italian MP Marcello Coppo said in an interview on Friday that bank foundations should allocate a small part of their income to digital assets such as Bitcoin to potentially obtain substantial returns on investment; the foundation’s investment in Bitcoin may stimulate public concern The support of this cryptocurrency, while Bitcoin has long been the object of "excessive distrust" in Italy; we can start from a place where the risks are very low, and any positive tests can serve as case studies and examples. According to previous news on January 14, Italian bank Intesa Sanpaolo purchased 11 BTC for about 1 million euros.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the creator of the Helium network, accusing the company of selling unregistered securities and misleading investors, The Block reported. This is the latest and likely final enforcement action under outgoing Chairman Gary Gensler.
The lawsuit, filed on Friday, targets three Helium-related tokens: Helium Network Token (HNT), Helium Mobile Token (MOBILE) and Helium Internet of Things Network Token (IoT), which the SEC accuses of acting as Sale of Unregistered Securities. The lawsuit also accuses Nova Labs of misleading investors about multiple high-profile partnerships. Although the company told investors that companies such as Nestlé, Lime and Salesforce were using the network, the lawsuit said the companies were neither customers nor "users" of the network. “In fact, when Nestlé and Lime learned that Nova Labs was publicly touting their alleged relationship, each company sent cease and desist letters to Nova Labs,” the lawsuit states. The lawsuit seeks fines against the companies and a ban on purchasing, Offer or sell any cryptoasset offered as a security. Haleem posted a defiant message on X on Sunday, calling the lawsuit "the last gasp in America's failed crusade against crypto companies."
"The SEC wasted two years of our time and millions of our dollars pursuing any allegation they could think of... I don't get angry often, but this series of events is outrageous," Haleem said on the allegations that Helium misled investors. , Haleem said: “We have addressed this issue in the past and worked with each company named in the complaint. "We will vigorously defend ourselves and continue the SEC's record of dismal failures and blatant lies, not just for our sake, but for all DePIN projects," Haleem concluded. At risk. We won't let that happen."
According to later news, 10% of the MELANIA token team share will be unlocked on the 30th day, and all will be unlocked on the 13th month .
Former Coinbase chief technology officer Balaji Srinivasan posted on the X platform that Meme currency is a zero-sum game lottery. It doesn't create wealth. Every buy order is simply matched with a sell order. After an initial surge, the price will eventually plummet, and the last investor to buy will lose all their money. If the platform still takes a commission, it is actually a negative-sum game. If you want to gamble in moderation for fun, no problem. If you are a professional trader, no problem. But most people should buy assets that will hold their value over the long term. Sometimes use cases can be added for meme coins, or their value can be maintained indefinitely by keeping them popular. But in general, don't invest money you can't afford to lose. I agree, there are definitely some meme coins that have withstood the test and successfully built communities. I would further point out that many of the top 100 cryptocurrencies are actually “ghost chains” and de facto meme coins. But in a highly politicized environment, a rapid spike in prices could spell trouble. A lot depends on what happens after the first big price drop.
Jupiter: The system is currently under extreme load and is working hard to recover.
Jupiter, the Solana ecological decentralized exchange, said on the Click to help users complete transactions if they want to try to trade with lower fees/slippages. Please use manual mode, but please note that transactions may be difficult to complete. On Solana, gas fees will still be deducted if the transaction fails, so please trade with caution. Especially for perpetual contracts, you can use the underlying asset such as SOL/BTC/ETH) or use USDC to open a short position to increase the chance of a successful transaction.”
Phantom said on the X platform that the number of requests per minute has surged to more than 8,000,000 times. In an effort to stabilize the platform, transactions may not complete successfully on the first try.
World Liberty Financial’s public offering accelerates, raising nearly $250 million
Following the release and explosive rise of TRUMP, the Trump family's encryption project World Liberty Financial's public sales are accelerating. It has sold 16.58 billion WLFI on the official website, raising US$248.7 million in funds, and currently has 3.415 billion tokens. For sale.
According to Onchain Lens monitoring, a giant whale purchased 5.2 million MELANIA 2 hours ago at a price of $680,940. The current profit is about $39 million and no tokens have been sold yet.
The Trump family’s encryption project WLFI increased its holdings by 4,869 ETH
According to Spot On Chain monitoring, the Trump family encryption project World Liberty (WLFI for short) spent 16 million USDT to increase its holdings of 4,869 ETH in more than an hour. They currently hold 32,852 ETH (approximately $106 million) and have a large amount of $ETH on Coinbase that they deposited a few days ago.
A group of die-hard bond traders have made contrarian bets that the Fed's next move will be to raise interest rates, not cut them, Golden Ten reported. The bet comes after a blowout U.S. jobs report on January 10, contrasting with Wall Street's consensus for at least one interest rate cut this year. That contrarian bet remains despite a benign inflation report on Wednesday that reinforced the Federal Reserve's stance on rate cuts and sent U.S. Treasury yields retreating from multi-year highs. An agency analysis showed that traders now see about a 25% chance of the Fed raising interest rates before the end of the year, based on options tied to the secured overnight funding rate. Before the CPI data was released, these bets were as high as 30%. And until just over a week ago, raising interest rates had not even been considered. Phil Suttle, a former economist at the New York Fed who expects the Fed to raise interest rates in September, said: "This is not a crazy view."
According to Xinhuanet, around 9:30 U.S. Western Time on the 19th (1:30 Beijing time on the 20th), TikTok issued a statement on social media saying that the company had reached an agreement with the Internet service provider and was restoring related services. The reporter immediately checked and found that the TikTok application had returned to normal use and the TikTok website had also returned to normal. In addition, according to China Business News, on January 19, Beijing time, US President-elect Trump announced that he would issue an executive order on Monday to extend the time before TikTok’s “sell or ban” law takes effect, so as to protect national security. According to the agreement, any company that helps TikTok continue to operate will not bear any responsibility before the order is issued. Trump plans to set up a joint venture in which the United States owns 50% of the shares, which will ensure control of TikTok and allow it to continue operating. It should be noted that Bytedance has stated many times before that it will not sell TikTok’s US assets.
Grayscale released information on the At the beginning of this month, Grayscale also disclosed recruitment information. The positions include analysts, tax specialists, digital asset traders, portfolio managers, ETF product senior assistants, product managers, engineering supervisors, etc.
Hyperliquid: The assistance fund will initially hold 3 million pilot assets PURR
Hyperliquid issued a document on the Native deployment, and positive impact on the Hyperliquid community. Among eligible assets, the Hyper Foundation will first determine inclusion and relative representation. Over time, governance will take over this responsibility. The pilot asset added to the aid fund is PURR. The Assistance Fund will initially hold 3 million PURR, approximately 0.5% of the total supply at the time of inclusion.
BitMEX co-founder Arthur Hayes posted on the X platform that Memecoin is the best fan interaction tool ever. If Trump does this, there is much less risk of Beyoncé or Swift doing the same, setting the stage for a Memecoin explosion.
According to official news, the blockchain-based animation platform Oshi announced the completion of US$12.5 million in financing, led by Polychain Capital and Superscrypt, with participation from Folius Ventures, Sfermion, The Spartan Group, Nomad Capital, CMT Digital, etc. According to reports, Oshi is an open animation platform based on blockchain. Through Oshi, fans can directly support their beloved animation projects and receive exclusive benefits. The platform’s IP licensing infrastructure enables IP owners to maintain control over their works. Take control while connecting with dedicated global partners.
Founder of 1confirmation: 1confirmation currently holds 52,360 ETH
Nick Tomaino, the founder of 1confirmation, published a document on the X platform and disclosed that 1confirmation currently holds 52,360 ETH and is still accumulating.
According to Lookonchain monitoring, the giant whale that purchased 5.2 million MELANIA for US$680,000 earlier today sold 203,000 MELANIA and exchanged it for 2.14 million USDC, leaving 5 million MELANIA worth US$64.9 million. .
On-chain data shows that 37 minutes ago, El Salvador increased its holdings by 11 BTC ($1,113,508), bringing its total holdings to 6,043.18 BTC, worth $608,264,513.
According to SolanaFloor data, Solana's DEX trading volume in January has exceeded US$158 billion, breaking the historical record of US$140 billion set by BNB Chain in May 2021 - the highest record among all blockchains. Solana is also the first blockchain to break $150 billion, achieving this goal in just 20 days, with 11 days remaining.
Token Unlocks data shows that FTN, MRS, and IMX tokens will be unlocked in large amounts this week, including:
- Fasttoken (FTN) will unlock approximately 20 million tokens at 8 a.m. Beijing time on January 21, accounting for 4.67% of the current circulating supply and worth approximately US$76.2 million;
- Metars Genesis (MRS) will unlock approximately 10 million tokens at 8 a.m. Beijing time on January 22, accounting for 11.87% of the current circulating supply and worth approximately US$31.4 million;
- Immutable (IMX) will unlock approximately 24.52 million tokens at 8 a.m. Beijing time on January 24th, accounting for 1.43% of the current circulating supply and worth approximately US$29.9 million;
- AltLayer (ALT) will unlock approximately 240 million tokens at 6 pm Beijing time on January 25th, accounting for 10.39% of the current circulating supply and worth approximately US$21.8 million;
- ApeX (APEX) will unlock approximately 10 million tokens at 8 a.m. Beijing time on January 20th, accounting for 18.71% of the current circulating supply and worth approximately US$15.9 million;
- Murasaki (MURA) will unlock approximately 20 million tokens at 8 a.m. Beijing time on January 23, accounting for 34.84% of the current circulating supply and worth approximately US$13 million;
- Ethena (ENA) will unlock approximately 12.86 million tokens at 3 pm Beijing time on January 22, with a ratio of 0.42% to the current circulating supply and a value of approximately US$10.8 million;
- SPACE ID (ID) will unlock approximately 18.49 million tokens at 8 a.m. Beijing time on January 22, accounting for 4.29% of the current circulating supply and worth approximately US$7.5 million;
- Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 a.m. Beijing time on January 22, with a ratio of 0.55% to the current circulating supply and a value of approximately US$3.6 million;
- Karrat (KARRAT) will unlock approximately 11.25 million tokens at 8 a.m. Beijing time on January 23, accounting for 6.01% of the current circulating supply and worth approximately US$3.2 million;
- Tribal Token (TRIBL) will unlock approximately 9.6 million tokens at 8 a.m. Beijing time on January 20, accounting for 6.11% of the current circulating supply and worth approximately US$2.4 million;
- Coin98 (C98) will unlock approximately 16.53 million tokens at 7 pm on January 23, Beijing time, with a ratio of 1.85% to the current circulating supply and a value of approximately US$2.3 million;
- MMX (MMX) will unlock approximately 1.67 million tokens at 8 a.m. Beijing time on January 23, with a ratio of 1.10% to the current circulating supply and a value of approximately US$2.15 million;
- Hooked Protocol (HOOK) will unlock approximately 4.17 million tokens at 8 a.m. Beijing time on January 24th, accounting for 1.89% of the current circulating supply and worth approximately US$1.4 million;
- Venom (VENOM) will unlock approximately 33.76 million tokens at 4:00 pm Beijing time on January 25th, with a ratio of 1.76% to the current circulating supply and a value of approximately US$1.35 million.
jinse