Bitget Daily Briefing (January 12) | Spot gold breaks above $4600; $271 million $TRUMP unlocking this week; Strategy may disclose increased holdings data this week

Today's Outlook

1. Powell responds to criminal investigation: The subpoena is a "political excuse," vowing to withstand Trump's pressure. According to previous reports, Federal Reserve Chairman Powell stated that the U.S. Department of Justice threatened to file criminal charges regarding his Senate testimony last June, which involved years of renovation work. A grand jury subpoena was delivered last Friday.

2. Vitalik posted that the current crypto industry needs better decentralized stablecoins, with three issues still to be resolved: Ideally, a tracking index more suitable than the dollar should be found. Design of decentralized oracles that cannot be controlled by large amounts of capital. Addressing the competition issue for staking yields.

3. Michael Saylor again released Bitcoin Tracker information, with data on increased holdings expected to be disclosed this week.

Macro & Hot Topics

1. Spot gold has first crossed the $4,600 mark, with spot silver reported at $83.9/ounce, setting a historical high.

2. Michael Saylor: The best-performing assets over the past decade are NVDA, MSTR, and BTC.

3. Goldman Sachs outlook for 2026: Strong growth in the U.S. economy coexists with moderate inflation, and the Federal Reserve will cut interest rates two more times.

Market Trends

1. In the past 24 hours, the cryptocurrency market saw a total liquidation of $136 million, with long positions liquidating $69 million. The liquidation amount for BTC was approximately $18 million, and for ETH, it was about $21 million.

2. U.S. stocks: Dow Jones +0.48%, Nasdaq -0.81%, S&P 500 +0.65%. Additionally, CRCL (Circle) +4.95%; MSTR (Strategy) -5.77%, NVDA (NVIDIA) -0.1%.

3. Bitget BTC/USDT liquidation map shows: The current price is around 91,540, with a dense liquidation of long positions in the 89,000--90,500 range, primarily using 50x/100x high leverage. If it falls back to this area, there is a risk of amplified passive selling pressure. The 92,000--94,000 range is gradually accumulating short liquidations; if the price effectively breaks through the current oscillation range, it may trigger short covering, pushing for a short-term acceleration upward.

4. In the past 24 hours, BTC spot inflow was approximately $243 million, outflow was about $207 million, resulting in a net inflow of $36 million.

News Updates

1. Stablecoin payment company PhotonPay completes tens of millions in Series B financing, led by IDG Capital.

2. The Wall Street Journal: Venezuela's oil exports heavily utilize USDT, with Tether emphasizing strict compliance with international sanctions.

3. Truebit hackers have laundered 8,535 ETH through Tornado.

4. Nikolay Denisenko, co-founder of the licensed crypto platform Brighty in Lithuania (former Chief Backend Engineer at Revolut), revealed that the company has facilitated over 100 transactions for high-net-worth individuals to directly purchase European apartments using cryptocurrency, with the number of clients between 100 and 150, and rapidly growing.

Project Progress

1. A certain whale has transferred 26,000 ETH to exchanges for liquidation, achieving a profit of $269 million.

2. Bloomberg analysts: The U.S. SEC may process Morgan Stanley's BTC ETF application as early as March 23.

3. Ethereum Foundation executive: Zero-knowledge technology is becoming a core direction in Ethereum's mid-term roadmap.

4. Solana posted on X platform that X is becoming an all-encompassing application, and soon Solana will be integrated within it.

5. Data: Tokens like TRUMP, CONX, ARB will see significant unlocking this week, with TRUMP unlocking valued at approximately $271 million.

6. Data: MetaMask's predicted market saw a nominal trading volume of only about $700,000 in its first month.

7. Analyst Willy Woo: Japan classifying Bitcoin as a financial product will stimulate buying. Meanwhile, Willy Woo is optimistic about Bitcoin's performance in January and February but is cautious about 2026.

8. BNB Chain Foundation bought $Binance Life, $Hakimi, $I’m Coming, and $Old Man within two days.

9. Yesterday, a Vitalik-associated address deposited 330 ETH into Paxos, valued at $1.02 million.

10. Anoma co-founder: The Cosmos ecosystem is on the brink of extinction, with multiple projects shutting down, transitioning to maintenance, or leaving.

Disclaimer: This report is generated by AI, with human verification for information only, and does not constitute any investment advice.