Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

On January 9, in an interview with The New York Times, U.S. President Donald Trump said he has decided who he will nominate as the next Federal Reserve chair but did not name the candidate. “I have made my decision,” he stated, “but I haven’t spoken to anyone about it yet.” When asked about Kevin Hassett, his top economic adviser, Trump responded, “I don’t want to say,” though he noted Hassett is “definitely one of the people I like.” Whoever Trump picks, the next Fed chair will take over the central bank at a critical juncture—with the Fed at the center of an unprecedented push by the president to slash interest rates sharply. Prediction market Kalshi currently puts the probability of Kevin Warsh being selected as Fed chair at 41%, Kevin Hassett at 39%, and Christopher Waller at 12%, per FXStreet.

On January 9th, Coinglass data shows that if Bitcoin breaks above $92,000, cumulative short liquidations across major centralized exchanges (CEXs) could hit $1.15 billion. Conversely, should Bitcoin drop below $89,000, cumulative long liquidations on these top CEXs may reach $944 million. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts to be liquidated. Instead, the bars represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., their intensity. In short, the chart indicates how pronounced the market reaction will be if a specific price level is breached. A taller "liquidation bar" signals a more intense response (driven by a liquidity cascade) once that price is hit.

Bitcoin surged past $91,000 on Jan. 9, per HTX market data, while posting a 0.13% decline over the past 24 hours.

On January 9, the U.S. Senate passed a war powers resolution by a vote of 52-47, restricting former President Trump’s ability to take military action against Venezuela. (FX168)

On January 9th, on-chain data reveals that TrueBit—a blockchain compute scaling protocol—was suspected of being attacked, with losses totaling 8535 ETH (approximately $26.4 million).

On January 9th, the Federal Reserve Bank of New York’s monthly survey revealed U.S. inflation expectations climbed in December, while consumer perceptions of job opportunities hit their lowest level in at least 12.5 years. Key data highlights: - Consumers expect annual inflation to reach 3.4% over the next year, up from 3.2% in November. - The perceived probability of finding a new job after becoming unemployed dropped to 43.1%—the lowest since the bank launched its consumer expectation surveys in mid-2013. The findings underscore a divide among Fed officials: some prioritize inflation risks, while others flag a greater threat of rising unemployment. This split is likely to complicate the central bank’s rate adjustment decisions at its next policy meeting later this month. (Source: FX678)