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Dow Hits Intraday Record High, Surpasses 49,000 for the First Time

2 days ago

January 5 – Per market data, the Dow Jones Industrial Average (DJIA) reached an intraday record high, topping 49,000 points for the first time ever. Among its components, Goldman Sachs (GS.N) climbed 4.9%, while JPMorgan Chase (JPM.N) rose 3.18%. (FX168)
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Preview: Tonight at 9:15 PM ET, the US will release the December ADP Employment Report, expected to show an increase of 47,000 jobs

January 7 Tonight at 9:15 PM ET, the U.S. is set to release the December ADP Employment Report. Compiled by Automatic Data Processing (ADP)—a leading U.S. human resources firm—the data aims to capture the true picture of the U.S. labor market, and has become a key input for the Federal Reserve’s (Fed) interest rate decisions. As of press time, CME Group’s FedWatch Tool shows the probability of a January rate cut has edged up slightly to 17.7%—from 15.5% a week prior. On Polymarket, the odds of a rate cut hold steady at 10%.

10 minutes ago

Arthur Hayes receives 1,050,000 LMTS in a Lockup Wallet, worth $178,000

Onchain Lens monitoring shows BitMEX co-founder Arthur Hayes received 1.051 million LMTS tokens from a vesting wallet on January 7th, valued at $178,000. Hayes invested in Limitless via his family office, MaelstromFund.

10 minutes ago

Infinex adjusts public sale rules, raises only $1.55 million

Jan. 7th — Infinex, a cross-chain aggregated DeFi platform, announced on Jan. 5th that it has revised its public sale terms: removing the subscription cap and switching to a bottom-up allocation model. However, its sales performance remains underwhelming. As of press time, the project has raised only $1,555,968, hitting just ~30% of its $5 million fundraising goal.

10 minutes ago

Nike has sold its digital product subsidiary RTFKT in December.

The Oregonian reported on January 7 that Nike quietly sold its digital products subsidiary RTFKT in December. The deal took effect December 16, 2025, though specific terms and the buyer remain undisclosed. Nike acquired RTFKT in 2021 under then-CEO John Donahoe. RTFKT had previously announced it would wind down its Web3 service operations in January 2025.

10 minutes ago

Or influenced by CZ interaction, BSC Chinese Meme Coin "I'm Here to Stay" sees over 400% price surge in 24 hours

On January 7th, according to monitoring by GMGN, a Chinese meme coin on the BSC chain—dubbed "I Stepped on the Horse"—surged rapidly amid potential interaction with CZ. It posted a 24-hour gain of over 400%, currently trading at $0.00334, with a market cap of $3.3 million and a trading volume of $5.4 million over the same period. BlockBeats reminds readers that meme coin trading is highly volatile, often driven by market sentiment and speculative activity rooted in hype rather than practical value. Investors should exercise caution and be mindful of associated risks.

10 minutes ago

Prominent 'Bankruptcy Whale' James Wynn Takes Profit on BTC Long, Initiates ETH Long

January 7th — Per monitoring from Hyperinsight, James Wynn, the prominent "bankrupt whale" who incurred losses exceeding $100 million on Hyperliquid six months ago, closed his BTC long position for an $87,000 profit 15 minutes ago. He then opened an ETH long position and currently holds 1,637.53 ETH with 25x leverage at an average entry price of $3,252.31. Additionally, Wynn still maintains a 10x leveraged long position on kPEPE, with $169,000 in unrealized profit. (Links retained as referenced: Hyperinsight; Hyperliquid)

10 minutes ago

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