This week, in the Eastern Eight Time Zone, the cryptocurrency market experienced significant volatility driven by a sudden surge in mainstream coin prices. Both long and short leveraged positions were rapidly liquidated in a short period, leading to a sharp increase in the scale of liquidations across the network. Data from **CoinGlass and other liquidation dashboards** shows that liquidations in the past 60 minutes and the past 12 hours were predominantly from short positions, reflecting that previous short bets faced concentrated counterattacks during the market reversal. Bitcoin broke through **$96,000**, and Ethereum suddenly...

Criminal cases involving virtual currencies are gradually becoming a hot topic in judicial practice, moving from a relatively niche area of case handling. In recent years, legal determinations and judicial disputes surrounding charges such as "virtual currency crimes," "illegal business operations," and "USDT trading" have garnered increasing attention. Lawyer Shao has also represented multiple cases in recent years where individuals were accused of illegal business operations due to trading virtual currencies. Therefore, this article will analyze and discuss the focal issue of whether "cross-border arbitrage by U merchants constitutes illegal business operations," combining the latest published typical cases and practical experiences, from the perspectives of legal characterization, defense strategies, and judicial trends.

The U.S. December unadjusted CPI year-on-year is 2.7%, in line with expectations. BlackRock deposits a large amount of BTC and ETH into Coinbase. Spot gold hits a record high. Global central bank governors support Powell, and Trump suggests lowering interest rates. The digital asset bill aims to grant certain tokens equal status with BTC and ETH.

Yesterday, in a historically unprecedented move, Fed Chair Jerome Powell directly addressed the public in a video statement regarding the Department of Justice’s new investigation into the central bank’s renovations of a historic g...

Franklin Templeton has repositioned two institutional money market funds managed by Western Asset Management to support stablecoin reserves under the GENIUS Act and to operate across blockchain-enabled distribution platforms, si...

Since the Department of Justice (DOJ) opened a probe into the U.S. Federal Reserve over its renovation projects, and Chair Jerome Powell has brushed it off as a clash over monetary policy views, chatter about the central bank’...

Financial tycoons collectively "dive in": Shorting Nvidia is not as good as selling courses and selling planets.

Original | Odaily Planet Daily (@OdailyChina) Author | CryptoLeo (@LeoAndCrypto) The complete list of candidates for the Federal Reserve Chair was finalized yesterday. Yesterday, Trump announced that he would interview BlackRock's Global Fixed Income Chief Investment Officer Rick Rieder on Thursday, evaluating him as a potential candidate for the next Federal Reserve Chair. This will be the fourth and final interview for candidates to replace Federal Reserve Chair Powell. In addition to Rieder, the final shortlist also includes former Federal Reserve Governor Kev...

1. On-chain funds: Today, $57.5M flowed into Arbitrum; $50.1M flowed out of Ethereum 2. Maximum price fluctuations: $DASH, $UCN 3. Top news: The draft of the "Clarity Act" restricts users to only holding stablecoins to earn interest

The CFC St. Moritz 2026 event is about to open!

From January 10 to 13, Eastern Standard Time, the privacy coin representative project **XMR (Monero)** saw a continuous price surge. According to multiple market data sources, it broke through the historical high of approximately **$521** during this period, with a maximum daily increase of nearly **18%**, attracting widespread market attention. Almost at the same time, **Binance Wallet** launched the **FOGO Pre-TGE Prime Sale**, while Huobi **HTX** introduced "I'm Coming/USDT".

U.S. Treasury traders are nervously watching the fluctuating yields on their screens, while fund managers in Hong Kong are assessing how much of their portfolios to allocate to tokenized assets. All of this is linked to the latest forecast from one of the world's largest asset management companies. In early 2026, BlackRock clearly positioned digital assets as the infrastructure of the financial system, marking a profound evolution in the understanding of crypto assets by the world's largest asset management company.

Recently, a dispute regarding the freezing of an OKX platform account and the ownership of 40,000 USDT assets has been ongoing in the Chinese crypto community.