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According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank will take appropriate action when medium-term inflation expectations persistently and significantly deviate from 2%.

According to Jinshi News, GivTrade strategist Hassan Fawaz pointed out in a report that, given the recent signs of cooling in the U.S. job market, any significant deviation of January's non-farm payroll data from expectations could trigger sharp fluctuations in the foreign exchange and bond markets.He stated that if the data is weaker than expected, it may reignite concerns about the momentum of the labor market, strengthening expectations for monetary policy easing later this year, thereby putting pressure on the dollar; if the data is strong, it could challenge the aforementioned expectations, providing support for the dollar and pushing up yields.

Guotai Junan Securities released a research report stating that HashKey HLDGS (03887.HK), as a leading licensed digital asset company in Hong Kong, is initiating coverage with a "Buy" rating and a target price of HKD 10.14.The core logic is based on three points: first, the company holds a full license from the Hong Kong Securities and Futures Commission (SFC) under categories 1/7/9, with a market share exceeding 75% and significant compliance barriers; second, institutional business accounts for 85.5%, with Omnibus client trading volume increasing nearly fivefold, and the proportion of institutional revenue is expected to rise significantly to 68% in H1 2025; third, the development of digital asset ETFs is driving institutional demand, and the company's integrated ecosystem (trading + on-chain services + asset management) creates a competitive advantage.In terms of finance, it is estimated that revenue will reach HKD 782 million, HKD 1.211 billion, and HKD 2.338 billion in 2025-2027, with net profit losses gradually narrowing (HKD -1.084 billion, -0.717 billion, -0.047 billion). Using the PS valuation method and referencing comparable companies like Coinbase, a 12x PS is applied, corresponding to a market value of HKD 28.1 billion.

Bybit x SignalPlus New Year Trading Carnival enters its final week, with a prize pool of 100,000 USDT, cheering on traders in the current tense market atmosphere.Users can participate solo or form teams, with opportunities to unlock rewards daily.Competition Period: January 26, 2026, 8:00 (UTC) - February 16, 2026, 8:00 (UTC)Daily Individual Lucky Draw: Participate in trading, with a chance to win up to 350 USDT daily.Daily Team Lucky Draw: Compete in teams for major benefits like a trip to Thailand for the New Year.Weekly Team Leaderboard: The top 3 teams each week will share 900 USDT.Fee Subsidy: Trade options for a chance to win up to 500 USDT in fee rebates.Recharge and Trade for a Chance to Win Hermès Prizes: Recharge and trade options to receive Hermès gifts weekly.

Arthur Hayes posted on platform X: "The sharp drop in BTC may be due to traders hedging against IBIT structured products. I will compile a complete list of all notes issued by banks to better identify the triggers that may lead to sharp price increases and decreases. The rules of the game have changed, and we must keep up with the times."

U.S. Treasury Secretary Yellen posted on X platform expressing gratitude to Senator Cynthia Lummis for her ongoing efforts in the Senate to advance legislation on the critical market structure for digital assets. Signing the "Crypto Market Structure Bill" into law is essential; the digital asset revolution has arrived, and it is believed that as long as both parties in the U.S. lead together, this revolution can ultimately be achieved.

According to market news, the number of planned layoffs in the U.S. surged to 108,435 in January, the highest level since January 2009, representing a month-on-month increase of 205% and a year-on-year increase of 118%. This data contrasts with the still-resilient official non-farm payroll report and is seen as an early signal of a rapid cooling in the labor market.Human resources firm Challenger, Gray & Christmas noted that layoff plans are largely set for the end of 2025, reflecting employers' increasingly pessimistic outlook for 2026. At the same time, the blockchain-based real-time inflation indicator Truflation shows that the U.S. inflation rate has plummeted to below 1%, far lower than the official CPI data. These unofficial indicators collectively suggest that economic growth is slowing, which may prompt the Federal Reserve to shift towards interest rate cuts to support the economy.Analysts have differing expectations regarding the Federal Reserve's subsequent policies. JPMorgan expects interest rates to remain unchanged until 2027, while other banks predict at least two rate cuts this year. Some economists anticipate that Kevin Warsh, the Federal Reserve chair nominee by Trump, may cut rates by 100 basis points before the midterm elections in November.The market believes that a potential shift in monetary policy could provide support for risk assets like Bitcoin. The price of Bitcoin has currently fallen nearly 50% from its historical high of over $126,000 last October.

According to Cryptopolitan, Bitcoin Core developer Gloria Zhao has resigned from her maintainer position and revoked her cryptographic signing key. She has long focused on areas such as mempool validation, transaction forwarding, and fee estimation, and her resignation does not affect Bitcoin's consensus rules, network security, or transaction processing.The report notes that resigning and revoking keys is a common practice in open-source projects. Bitcoin Core maintainers are a trusted small group of developers responsible for code review, update approval, and digitally signing official releases using keys. Zhao has contributed to Bitcoin Core development for over six years, but her work did not involve changing the underlying protocol rules of Bitcoin. Zhao did not respond regarding the specific reasons for her departure.

The founder of the Bitcoin and digital asset quantitative fund Capriole, Charles Edwards, stated that bullish signals for Bitcoin are emerging. The Bitcoin Mayer Multiple has rarely dropped to around 0.6. Although there is still a possibility for Bitcoin's price to decline further, historically, this range often corresponds to one of the most attractive buying points in Bitcoin's history.Note: The Bitcoin Mayer Multiple is a technical indicator used to analyze the state of the Bitcoin market, proposed by Trace Mayer. It assesses the relative valuation level of the market by comparing Bitcoin's current price to its 200-day moving average (200DMA). Historically, when the Mayer Multiple exceeds 2.4, it usually indicates that the market is overheated, and a correction or bear market may occur. When the Mayer Multiple is below 0.8, the market may be undervalued, potentially signaling a good buying opportunity.

Greeks live stated that approximately 33,000 BTC options are set to expire, with a Put Call Ratio of 0.54, a maximum pain point of $80,000, and a notional value of about $2.1 billion; 219,000 ETH options are set to expire, with a Put Call Ratio of 0.91, a maximum pain point of $2,400, and a notional value of $420 million. Greeks live mentioned that today, options representing 10% of the total open interest are expiring, totaling nearly $2.6 billion.The sharp downward trend in Bitcoin and Ethereum prices continues, with put options holding a dominant position, and the fear index dropping as low as 5%, as panic once again envelops the crypto market. From the main options data, the implied volatility for BTC and ETH has significantly increased, with BTC's major term IV exceeding 60%, and several short-term at-the-money IVs exceeding 110%. ETH's major term IV is at 80%, with several short-term at-the-money IVs exceeding 120%, all at their highest levels in over a year.

According to GMGN data, the top 5 tokens with the highest net inflow of KOL in the past 24 hours are as follows:TúAnh (BsXm....ump): Net inflow of $926, with a 24-hour increase of 7607.8%, currently priced at $0.0002.PENGUIN (8Jx8....ump): Net inflow of $772, with a 24-hour decrease of -21.3%, currently priced at $0.0199.rekt (B7a6....ump): Net inflow of $589, with a 24-hour increase of 12.7%, currently priced at $0.0001.STABLE (4Ajv....ump): Net inflow of $536, with a 24-hour decrease of -26.9%, currently priced at $0.0003.CARP (2hfN....ump): Net inflow of $240, with a 24-hour increase of 599.8%, currently priced at $0.0001.

According to SoSoValue data, the cryptocurrency market sector has suffered a significant setback, with a general decline of about 7% to 14% over the past 24 hours. The PayFi sector led the decline with a drop of 13.86%. Within this sector, XRP and Litecoin (LTC) fell by 12.58% and 13.87%, respectively, while Monero (XMR) dropped by 20.28%.Meanwhile, Bitcoin (BTC) decreased by 10.10%, briefly falling below $60,000, and has now recovered to above $65,000; Ethereum (ETH) fell by 10.08%, dipping to $1,700 at one point, and is currently reported at $1,900.In other sectors, the DeFi sector dropped 7.41% over the past 24 hours, but MYX Finance (MYX) and Hyperliquid (HYPE) rose against the trend by 9.68% and 6.07%, respectively; the Layer1 sector fell by 9.93%, with Zcash (ZEC) down 16.20%; the CeFi sector declined by 10.64%, with OKB dropping 12.35%; the Meme sector decreased by 12.17%, while MemeCore (M) remained relatively strong, rising by 2.78%; the Layer2 sector fell by 13.06%, with zkSync (ZK) surging by 4.90% during the day.The cryptocurrency sector indices reflecting historical market performance show that the ssiPayFi, ssiAI, and ssiDePIN indices fell by 15.49%, 14.96%, and 14.93%, respectively.

Bitcoin developer Luke Dashjr recently publicly called for Blockstream co-founder and CEO Adam Back to resign, following the latest disclosure of documents related to Jeffrey Epstein by the U.S. Department of Justice. The documents reveal that the deceased criminal Jeffrey Epstein indirectly participated in Blockstream investments through funds associated with the MIT Media Lab and had email correspondence with several Blockstream co-founders and figures in the crypto industry.Dashjr stated that these documents reveal what he calls "deep corruption" and reiterated his long-standing disagreements with Adam Back, including the historical controversy over his lack of recognition as a co-founder of Blockstream. The related documents also mention Epstein's connections with crypto companies such as Coinbase and Tether, noting that Epstein invested $3 million in Coinbase in 2014.In response, Adam Back has publicly denied any direct or indirect financial relationship with Epstein but has not commented on whether he ever visited Epstein's private island. As of now, Blockstream and other related parties have not made any further response to Luke Dashjr's call for resignation.

According to reporter Eleanor Terrett, a Democratic staffer stated that the atmosphere of the relevant meeting was "positive," and described it as "the most productive Democratic meeting so far." Chuck Schumer also attended the meeting, emphasizing the importance of industry participation and calling for the momentum of legislative progress to be maintained and for the bill to be passed as soon as possible.Although there are still clear demands regarding certain provisions within the Democratic Party, attendees generally believe that this legislative effort, which was once considered "on the verge of being shelved" a few weeks ago, is currently "far from over," and there is still potential for progress.

According to Binance spot data, the market shows a divergence between bulls and bears, with DUSK experiencing a 24-hour increase of 10.04% and entering a rebound after hitting a low.At the same time, tokens such as AR, C98, CELO, COTI, DATA, DEXE, and EGLD have also shown a rebound after hitting a low, with increases of 5.04%, 6.14%, 6.28%, 6.83%, 5.46%, 5.5%, and 5%, respectively.The remaining token GTC has also shown a rebound after hitting a low, with an increase of 5%.

According to The Bitcoin Historian, White House cryptocurrency advisor Patrick Witt stated that he believes President Trump will sign the CLARITY Act before April 3. However, this has not yet constituted an official confirmation from the White House.Previously, Trump had expressed a desire to "quickly" complete the signing.

According to CoinDesk, the Chicago Mercantile Exchange (CME) Bitcoin futures experienced a significant price gap during the weekend market closure, providing some optimistic expectations for market bulls. Data shows that the CME Bitcoin futures price closed at around $84,445 on Friday, while the opening price when trading resumed on Sunday night dropped to $77,385, corresponding to the spot market which had previously fallen to about $75,000, thus creating a noticeable gap.Note: The CME gap refers to the price discontinuity between the closing price of the futures market and the opening price of the next trading session. Since CME futures do not trade 24/7, price jumps occur during weekends or maintenance closures when the futures market does not align with the continuously trading spot market. Historical experience shows that although CME gaps are not an absolute rule and are usually filled within a few days or weeks, this phenomenon is still regarded by traders as one of the important technical reference indicators.

According to Accessnewswire, Bitcoin treasury company Matador Technologies has announced that it has signed an equity distribution agreement with ATB Cormark Capital Markets, planning to raise $30 million through the issuance of common stock, aimed at supporting its strategic Bitcoin accumulation, with a goal of holding 1,000 Bitcoins by the end of 2026.It is reported that the related common stock will be sold to the public from time to time by the company through agents, at the company's discretion, and sold at the market price at the time of sale, with all transactions adhering to the terms and conditions of the equity distribution agreement.

According to Jinshi reports, the dollar has weakened ahead of the release of U.S. economic data, which may provide clues about the pace of the Federal Reserve's interest rate cut cycle. The ADP private sector employment data will be released tonight, followed by the ISM services survey. Analysts at Danske Bank pointed out that the ADP data may give the market an initial perception of the expected performance of the key non-farm payroll report.Due to the partial government shutdown, the non-farm report originally scheduled for release on Friday has been postponed, but President Trump signed a bill to end the shutdown on Tuesday, so the delay is not expected to be long.

According to market disclosure data, Bitmine, the ETH treasury company, has an unrealized loss of up to $6.6 billion in its ETH holdings. The company's chairman, Tom Lee, responded on the X platform, stating that some market views misunderstand the operational logic of the Ethereum treasury. Bitmine's core goal is to track ETH prices and strive for outperformance over a complete market cycle. It is normal for ETH prices to decline in sync during a downturn in the crypto market.The "unrealized losses" in ETH holdings that Bitmine is experiencing at this stage are not a systemic flaw but rather a part of the product design. He also questioned whether similar criticism should be directed at index ETFs that incur losses during downturns.Tom Lee previously emphasized that Bitmine has no liabilities, and given the strengthening fundamentals of Ethereum, the recent market pullback is "very attractive." In the long term, Ethereum will still be an important infrastructure for the future financial system.