AiCoin Daily Report (January 10)

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1. U.S. Non-Farm Payrolls Increased by 50,000 in December, Below Expectations, Unemployment Rate Decreased, Traders Bet on Fed Pausing Rate Cuts

The U.S. released its December non-farm data, showing an increase of 50,000 in employment, below the expected 60,000; the unemployment rate recorded at 4.4%, lower than the expected 4.5%. -Original

2. Trump to Use Alternative Tariff Powers in Response to Ruling

U.S. President Trump stated that if the Supreme Court rules against him, he will use alternative tariff powers as a countermeasure. -Original

3. Ripple Obtains Registration Approval from UK FCA

Ripple has obtained registration with the UK Financial Conduct Authority (FCA) through its UK subsidiary, marking a significant regulatory advancement in the UK's incorporation of cryptocurrency into its financial framework. -Original

4. Spot Gold Breaks Through $4,500 per Ounce

Spot gold prices have once again broken through $4,500 per ounce, with an intraday increase of 0.51%. -Original

5. BlackRock Transfers 2,405 BTC and 24,760 ETH to Coinbase

According to Arkham monitoring, BlackRock transferred approximately 2,405 BTC ($217 million) and 24,760 ETH ($76.6 million) to Coinbase Prime. -Original

6. Fidelity Director Questions the End of Bitcoin's Four-Year Cycle Theory

On January 10, Fidelity's Global Macro Director Jurrien Timmer stated that Bitcoin's current trend is more akin to the S-curve of the internet rather than a power law curve. He expressed skepticism about the notion that Bitcoin's "four-year cycle has ended" and that bear markets will no longer occur, while believing that Bitcoin's bottom line is $65,000 (the previous peak), with the power law trend line indicating a bottom of $45,000. Timmer pointed out that if Bitcoin enters a consolidation phase in the coming year, the power law trend line may approach $65,000 and become a key price level. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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