U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

Jan. 30 — Reuters, citing people familiar with the matter, reports that Elon Musk is pushing for a stock-swap merger between SpaceX and xAI to prep for SpaceX’s planned high-profile initial public offering (IPO). The deal is not yet finalized, but Musk has established a merger entity in Nevada, signaling the integration has entered a substantive stage. Upon completion, the merger would deeply integrate SpaceX’s rockets and space infrastructure with xAI’s Grok large language model (LLM) and data from the X platform, creating a unified "Space + AI" commercial ecosystem. Per latest valuations, SpaceX is valued at roughly $800 billion, xAI at approximately $230 billion—putting the combined post-merger valuation on track to reach $1.5 trillion.

On January 30, per HyperInsight monitoring, the "Lightning Backhand" whale wallet (address: 0x50b30) closed its 466.08 BTC short position one hour ago, netting a $103,000 profit. The address currently holds no open positions and is in wait-and-see mode. This wallet is known for rapid long-short position switches, often executing large-scale reverse position adjustments immediately after liquidating positions.

**Jan 30 (Bloomberg) — Asian-listed precious metal ETFs recorded ~$7.1 billion in net inflows in January, with multiple funds hitting all-time highs. The bulk of inflows came from Chinese retail investors, including ~$1.9 billion into Huaxia E-Fund Gold ETF alone.** **Analysts warn a surge in retail participation often signals a market rally’s end—especially as gold’s RSI nears 90 (extremely overbought), lifting short-term pullback risk.** **Gold’s recent sharp gains are backed by central banks’ ongoing purchases and inflows into physical gold-backed ETFs. World Gold Council data shows gold-backed fund holdings rose every month last year except May. U.S. policy unpredictability and growing isolationism are also driving investors to non-dollar assets, benefiting precious metals.**

January 30th — Sources told the *New York Post* that U.S. President Trump met with Wash, a former Federal Reserve Governor and Stanford University professor, on Thursday local time. After the meeting, Trump called Wash again to ask if he would accept the position, and Wash ultimately agreed. Rick Rieder, a BlackRock executive, had previously been a top contender for the next Federal Reserve Chair. However, sources close to Rieder said he was informed Thursday he would not be appointed.

January 30: Per GMGN market data (link: https://gmgn.ai/sol/token/i_m4TE56o8_2akXpuyFXAVN5YofZpZMfBp2Vxognpmv9NooBMuHpump), Solana ecosystem meme coin ELON briefly topped a $17.4 million market cap, hitting a new all-time high (ATH). Its market cap has since corrected to $11.98 million, with a 126% price surge over the past hour. BlockBeats Note: Most meme coins lack practical use cases and face extreme price volatility. Exercise caution with asset protection and avoid FOMO (fear of missing out).

January 30 — Per GMGN market data, the market cap of Base ecosystem meme coin MOLT briefly topped $7 million, hitting an all-time high. It currently sits at $6.95 million, with a 24-hour gain of 485%. Moltbook (ticker: MOLT) is tied to the Moltbook project, a social network platform powered by AI agents (dubbed Molty or Moltbot, derived from the prior Clawdbot project). Positioned as the “Reddit of AI agents” or “Agent Internet Homepage,” the platform lets AI agents autonomously post, comment, like, and engage with one another to form a self-governing community — while humans primarily act as observers. BlockBeats Note: Most meme coins lack practical utility and are prone to volatile price swings. Exercise caution to protect your assets and avoid FOMO.