Nomura CEO Hiroyuki Moriuchi said that the company introduced stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings.

"I hope for financial inclusion, allowing 536 million people to access the dollar system, which is a concern for both parties."

Are the financial capitalists of Manhattan really willing to sacrifice their financial scepters for the workers of the Rust Belt?

1. On-chain funds: Today, $122.5M flowed into Base; $102.4M flowed out of Ethereum. 2. Maximum price fluctuation: $UAI, $I'm coming. 3. Top news: The funding rates on trading platforms indicate a highly bearish market, with mainstream cryptocurrencies showing negative values.

As of January 26, during the week in the UTC+8 time zone, **CoinShares monitored a net outflow of approximately $1.7 billion from global digital asset investment products**. According to its weekly report data, this scale directly reversed the direction of funds since the beginning of the year, changing from a previous net inflow to **approximately $1 billion net outflow** (according to A's statistics). Structurally, this round of fund reversal was not evenly withdrawn: **Bitcoin and Ethereum-related products became the main sources of redemptions**, while **Solana**

The lights in the office of the Senate Majority Leader remain bright late into the night, as images of heated arguments between bipartisan lawmakers are transmitted via closed-circuit television to the White House Situation Room. Meanwhile, in Minnesota, low-income housewives who have lost federal food assistance are worrying about their next meal. At midnight on January 31, the U.S. federal government officially shut down parts of its departments. This comes just 11 weeks after the longest shutdown in history, which lasted 43 days, ended in late 2025. Although the Senate has already...

the price of silver plummeted by 26% in less than 20 hours, marking the largest single-day drop in history. The global precious metals market saw over $5 trillion in market value evaporate in a single day, while the price of Bitcoin remained stagnant around $87,000. Last Friday, global traders witnessed a historic moment in the precious metals market. The price of silver dropped by 26%, and gold fell by 9%. The rapid evaporation of trillions of dollars in market value prompted global investors to reassess the flow of funds. However, amidst this dramatic volatility in precious metals,

The name that once nearly destroyed Ethereum is returning in another way.

The Bitcoin market is undergoing a "stress test" targeting institutional holdings. After falling below the $80,000 threshold, the price of Bitcoin further declined, reaching and breaching the market-recognized key institutional holding cost line at the end of January 2026—MicroStrategy's average holding cost (approximately $76,037). This event not only triggered a leveraged liquidation that resulted in over $2.3 billion in liquidations across the network but also cast doubt on the "institutional narrative" that the market has long relied on.

Some Thoughts on Erroneous Narratives

The prices of gold and silver have undergone a significant correction, injecting new variables into the market. Join the live broadcast and unlock long and short investment opportunities on Hyperliquid with us!

The price of gold plummeted more than 9% in a single day, while silver once dropped by 36%. Wall Street traders, faced with the cliff-like charts on their screens, hurriedly returned calls discussing the new Federal Reserve chair nominee from last night. The market had just undergone the baptism of "Black Friday"—the precious metals market experienced an epic sell-off. Meanwhile, the news of Trump nominating Kevin Warsh as the next chair of the Federal Reserve acted like a stone thrown into a calm lake, creating ripples across global markets. As of February 3rd, the new...

From January 30 to February 2, 2026, during just a few trading days in the East 8 Time Zone, **gold, silver, and crypto assets experienced a sharp decline almost simultaneously**, leading to a rapid downturn in global risk asset sentiment. COMEX gold plummeted about 16% from above $5000 per ounce, while spot gold fell from around $5600 all the way down to the $4600-$4900 range. Silver recorded a maximum daily drop of up to 39%, with liquidity being squeezed multiple times during the trading session. During the same period, Bitcoin,