Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

**Binance Alpha to List SPACECOIN (SPACE) on January 23** Binance Alpha will list SPACECOIN (SPACE) on January 23, with Alpha trading launching at 6:00 PM UTC+8 (Beijing time) the same day. Users holding at least 227 Alpha Points are eligible to claim 6,720 SPACE tokens in an airdrop, available on a first-come, first-served basis. If the event hasn’t concluded, the points threshold will automatically drop by 5 points every five minutes.

Binance founder Changpeng Zhao (CZ) spoke at the World Economic Forum in Davos on January 23rd, sharing key advice for retail crypto traders. He stressed that crypto trading requires both a learning process and strict risk management. “Don’t put all your money—especially funds you care deeply about—into crypto,” CZ said. “Start small, testing the waters with a tiny portion of your capital first.” He added a cautionary analogy: “When trying something new, never dive in headfirst. If you can’t swim and jump straight into a deep pool, you’re not going to have a good time.”

**On January 23, Ray Dalio—founder of Bridgewater Associates—told the World Economic Forum in Davos that the global monetary order is collapsing, trust between the U.S. and its allies is eroding, and he recommended buying gold.** For years, fiat currencies and bonds acted as a "piggy bank" for many—but central banks worldwide now question if that piggy bank could be a "bomb." Dalio noted that in 2025, the asset poised for the biggest gains won’t be tech stocks—it’ll be gold. U.S. market performance has also started lagging behind foreign markets, and the world is entering a capital war. Gold’s rise isn’t just about price: it’s a standoff between U.S. Treasury bond holders and the U.S., which keeps printing dollars with no end in sight. The U.S. fears a selloff of dollar assets, while bond holders are anxious over the Federal Reserve’s endless money printing. It’s time to consider what to do if no one wants to buy U.S. Treasuries in the future.

Jan. 23 — Binance founder Changpeng Zhao (CZ) took part in the World Economic Forum’s “New Financial Era” panel in Davos yesterday. Following a series of identity shifts in recent years, CZ acknowledged: “I no longer have the urge to launch new projects. Starting a business is exhausting, and I’ve been through that once — I can’t do it again right now. So my focus is primarily on investing these days.” On industry trends, CZ noted that based on his observations and data, over the past year, the entire crypto industry has expanded, gained more visibility, attracted more participants, and seen mainstream traditional financial firms accelerating their entry — all amid a shift in former President Trump’s stance.

On January 23, data from the **Coinbob Popular Address Monitor** shows the "Heavy Position Long Gold Whales" have realized a $537,000 profit over the past seven days—driven by the ongoing rally in spot gold and silver prices. Currently, this address still holds concentrated long positions in precious metals, with a slight rollover of its silver long position in recent days. The total open interest value of its gold and silver contracts is approximately $6.15 million. Key holding details: - **PAXG (On-chain Gold) Long**: ~$3.23 million position size, average entry price $4,429, unrealized gain ~$350,000 (108%); - **GOLD (Gold Mimetic Contract) Long**: ~$1.73 million position size, average entry price $4,799, unrealized gain ~$55,000 (25%); - **SILVER (Silver Mimetic Contract) Long**: ~$1.18 million position size, average entry price rose from $79 to $91.4, unrealized gain ~$90,000 (29%). The account favors heavy gold and silver positions. Its funds have grown from an init

On January 23, Anthropic announced a new charter for its AI model Claude, outlining the company’s vision for the model’s values and behavior. The updated charter elevates Claude’s foundational guiding document from a simple rule list to a textbook integrating values and reasoning. The goal is to help Claude become wiser, safer, and capable of independent moral judgment—rather than rigidly adhering to fixed rules. This is the most detailed publicly available document outlining an AI’s personality framework and ethical constitution to date.