january

According to Jinshi reports, the market is currently pricing in a Federal Reserve interest rate hike in January next year, with the expected timing before the non-farm data release being March next year.

According to a report by the Financial Associated Press, in response to the issue of "some banks in the Hong Kong region requiring a declaration to open investment accounts," the Hong Kong Monetary Authority (HKMA) responded today that the relevant regulatory requirements were issued to all recognized institutions on May 22.Materials provided by the HKMA indicate that registered institutions must take three additional measures when opening and managing investment accounts for mainland investors, including:Closing investment accounts opened using suspicious or forged documents, identifying customer investment accounts that have used suspicious or forged documents since January 2023 or during any other period specified by the HKMA; relevant documents include identification documents.Closing investment accounts with zero balance that have been inactive, specifically referring to investment accounts held by mainland investors that have had no asset balance as of May 22, 2026 (reference date), and have had no activity initiated by the customer in the 12 months prior to the reference date.When opening new investment accounts, obtaining a written declaration from the mainland investor confirming that all funds used to support investment activities and related settlements come from legal sources outside mainland China.Relevant documents show that the newly added additional regulatory measures apply only to investment accounts, including investment accounts within comprehensive bank accounts; non-investment functions (such as regular savings, time deposits, payments, loans, and credit cards) are not within the scope of these measures. Additionally, the applicable subjects of these additional measures are individual customers and do not apply to corporate or institutional clients.

According to CryptoQuant data, Binance's XRP liquidity has fallen to its lowest level since January 2020.

According to Jinshi reports, U.S. interest rate futures indicate that the probability of the Federal Reserve raising interest rates by January next year exceeds 50%.

Data shows that the five spot XRP ETFs listed in the U.S. recorded a total net inflow of $25.8 million on Monday, setting a record for the largest single-day fund inflow since January 5, 2026, with a cumulative net inflow now reaching $1.35 billion. Among them, Franklin Templeton's XRPZ saw an inflow of $13.6 million, Bitwise XRP ETF saw an inflow of $7.6 million, and Grayscale GXRP saw an inflow of $4.6 million.Reports indicate that this round of fund inflows is related to several recent developments by Ripple. Ripple recently announced the completion of a $200 million debt financing to expand its institutional brokerage platform, Ripple Prime. Additionally, last week, Ripple, in collaboration with JPMorgan Chase, Mastercard, and Ondo Finance, completed a tokenized settlement test for U.S. Treasury bonds on the XRP Ledger, with the redemption process taking less than 5 seconds. Meanwhile, Ripple also announced a "four-phase roadmap," planning to achieve a "quantum-resistant" upgrade for the XRP Ledger by 2028, including an emergency mechanism to recover funds through zero-knowledge proofs in extreme situations.Market analysis suggests that as the application of XRP increases in cross-border payments, institutional settlements, and tokenized assets, its ETF demand is gradually shifting from pure speculation to an infrastructure narrative. Despite the continuous inflow of ETF funds, the price of XRP has still fallen by about 39% over the past six months, with the current price around $1.47, significantly down from its historical high of about $3.65 in July 2025.

According to Cointelegraph citing Santiment data, Chainlink whales and shark addresses holding between 100,000 to 10 million LINK have accumulated an additional 32.93 million LINK over the past month, an increase of about 7.7%. Historically, this is usually a bullish signal, often indicating that prices will rise.

According to market news, Moon Kyung-ho, head of the Income Tax Division of the Ministry of Economy and Finance of South Korea, stated at an emergency meeting on the taxation of virtual assets that the government will proceed with the taxation of virtual assets as originally planned starting January 1 next year. This is the first time the Ministry of Economy and Finance has publicly expressed its stance on the issue of virtual asset taxation.According to the current income tax law, income generated from the transfer or lending of virtual assets will be classified as other income, with a tax rate of 22% applicable to virtual asset income exceeding 2.5 million won (20% other income tax plus 2% local income tax). The tax targets approximately 13.26 million investors. Head Moon revealed that the National Tax Service is formulating relevant announcements and has had multiple discussions with the five major virtual asset operators, expecting to conduct legislative announcements soon.

According to analyst Markus Thielen, the demand structure for Bitcoin is gradually repairing. Strategy (formerly MicroStrategy) continues to increase its holdings, providing stable buying support, Coinbase Premium continues to rise, and the net inflow of spot Bitcoin ETFs reached $664 million in a single day, the highest level since mid-January.Corporate financial buying, ETF capital inflows, and U.S. spot demand are forming a synergy, combined with the continuous return of stablecoin funds, liquidity support is gradually strengthening. Analysts point out that the market may be building a new range of fluctuations; if the above trends continue, the probability of prices moving towards the upper end of the range is increasing, but the market will not rise linearly.

Last week, digital asset investment products recorded a net inflow of approximately $1.4 billion, marking the largest single-week inflow of the year and achieving a third consecutive week of net inflows. The total assets under management (AuM) rose to $155 billion, with inflows accounting for 0.91%, the highest level this year.By asset class, Bitcoin attracted approximately $1.116 billion in inflows, with a cumulative inflow of $3.1 billion year-to-date; Ethereum continued its recovery trend with a net inflow of $328 million for the week, the best performance since January. Meanwhile, short Bitcoin products recorded only a small inflow of about $1.4 million, indicating limited hedging demand.On a macro level, the optimistic signals from the US-Iran ceasefire negotiations, combined with Bitcoin briefly breaking through $76,000, boosted market risk appetite; March CPI year-on-year was 3.3%, with core CPI at 2.6%, indicating moderate overall inflation pressure.Regionally, the US dominated inflows with a net inflow of $1.5 billion for the week; Germany recorded an inflow of $28 million, while Switzerland saw an outflow of $138 million, showing significant divergence. In other assets, XRP and Solana recorded net outflows of $56 million and $2.3 million, respectively.

CoinShares' latest weekly report shows that digital asset investment products had a net inflow of $1.4 billion last week, marking the third consecutive week of net inflows and the largest single-week inflow since January, bringing total assets under management to $155 billion.Among them, Bitcoin investment products saw a net inflow of $1.116 billion, with year-to-date net inflows rising to $3.1 billion; Ethereum investment products had a net inflow of $328 million, representing the strongest single-week performance since January. By region, the United States had a net inflow of $1.5 billion, Germany had a net inflow of $28 million, while Switzerland experienced a net outflow of $138 million. Additionally, short Bitcoin products had a net inflow of $1.4 million, while XRP and Solana saw net outflows of $56 million and $2.3 million, respectively.

The head of the Spark Protocol strategy, monetsupply.eth, posted on platform X stating that in January of this year, low-usage assets like rsETH were removed and collateral and functionality were continuously tightened. This move sparked strong dissatisfaction among "ETH leveraged" users at the time.Additionally, Spark has long set a high upper limit on interest rates in the ETH lending market, transferring some business and revenue to Aave over the past year (where its ETH borrowing rate once dropped to 10% or below). However, in the current market crisis environment, this strategy has proven to be more prudent. Currently, SparkLend still maintains sufficient ETH withdrawal liquidity, while Aave has experienced liquidity tightness and even "lock-up" situations in the Ethereum mainnet and multi-chain markets like Arbitrum and Base.monetsupply.eth further warned that since ETH is the core collateral asset, when market utilization reaches 100%, collateral liquidation will not be able to execute normally. The depletion of liquidity not only affects the depositor experience but may also pose systemic risks. In the current situation of insufficient liquidity in Aave, a 15%-20% drop in ETH prices could lead to significant bad debt accumulation (in addition to the potential impact of the rsETH incident).

Yesterday's data showed that the net inflow into Bitcoin ETFs in the United States was $663.9 million, with IBIT having a net inflow of $284 million, FBTC a net inflow of $163.4 million, and ARKB a net inflow of $117.9 million. This data set a record for the largest single-day inflow this year.

According to Gate market data, the S&P 500 index briefly broke through 7,000 points during the session, marking the first breakthrough since January 28.

Crypto analyst Willy Woo tweeted that the inflow of funds into Bitcoin has just turned positive, marking the first time since January, and liquidity is being restored.At the same time, the spot market remains stable, while the derivatives market is currently attempting a second rebound after being hit hard on October 10.Willy Woo pointed out that $80,000 is the current key testing level.

According to Jinshi reports, the U.S. January PCE price index month-on-month is 0.3%, consistent with market expectations of 0.3%, and the previous value was 0.4%.

According to Jinshi, the year-on-year core PCE price index in the United States for January is 3.1%, in line with market expectations, with a previous value of 3%.

According to Jinshi reports, the U.S. Bureau of Labor Statistics announced that the non-farm payrolls for December were revised from 48,000 to -17,000; the non-farm payrolls for January were revised from 130,000 to 126,000. After revisions, the total number of new jobs for December and January decreased by 69,000 compared to before the revisions.

According to Jinshi News, the US Dollar Index DXY has broken 99, reaching a new high since January 20, with a daily increase of 0.45%.

According to Arkham analyst Emmett Gallic's monitoring, Trump Media & Technology Group disclosed in its latest 10-K annual report that the company sold 2,000 BTC in January.The report shows that its Bitcoin holdings have decreased from 11,452 to 9,452.

According to Jinshi, the U.S. January core PPI year-on-year rate is 3.6%, higher than the market expectation of 3%, and the previous value was 3.3%.