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Tonight will see the release of key US employment data and the ruling on the legality of Trump's tariffs, which could have a significant impact on the market

14 hours ago

**Key U.S. Economic & Policy Updates (Jan. 9)** - **8:30 a.m. ET (21:30 Beijing time):** The U.S. Bureau of Labor Statistics will release December’s unemployment rate and non-farm payroll data. This release — a critical read on the U.S. economy — will heavily influence the Federal Reserve’s interest rate decision. - **10:00 a.m. ET:** The U.S. Supreme Court is expected to rule on the legality of Trump-era tariffs. Earlier analysis notes a ruling against the tariffs would trigger massive refunds, though these typically require years of case-by-case litigation, resulting in no immediate cash flow impact. - **12:45 p.m. ET:** U.S. Treasury Secretary Besent will deliver remarks. - **9:00 p.m. ET:** Former President Trump is scheduled to speak. ### Notes on U.S. Language Habits Adjustments: 1. **Conciseness:** Used bullet points + time stamps (standard for U.S. news briefs) instead of long paragraphs. 2. **Terminology:** Swapped "Trump's tariffs" for "Trump-era tariffs" (more precise for U.S. audiences, emphasizing the period of his presidency). 3. **Flow:** Added em dashes to connect related info (common in U.S. news to avoid run-on sentences). 4. **Accuracy:** Added "former President" before Trump (standard for referring to ex-officeholders in U.S. media). 5. **Naturalness:** Replaced "critical impact" with "heavily influence" (more conversational in news context) and "creating" with "resulting in" (more precise for cause-effect). All info from the original is retained, no Chinese characters included.
Relevant content

Analyst: Bitcoin Experienced 'Capitulation Event' in November 2025, Consolidation Phase Expected in Q1-Q2 This Year

On January 10, 2025, analyst Biraajmaan Tamuly noted that Bitcoin Long-Term Holders (LTHs) endured the most aggressive selling phase on record that year. Despite the selling pressure sparking market volatility, on-chain data suggests this pressure may be fading—potentially laying the groundwork for Bitcoin’s next upward price cycle. Key data highlights: - Nearly $300 billion in Bitcoin dormant for at least a year re-entered circulation in 2025. - The period November 15–December 14, 2025, marked one of the most intense LTH selling sprees in over five years. Tamuly explained that since 2019, sharp LTH supply drops have rarely happened in isolation. They typically align with signs of Bitcoin’s trend exhaustion—either an uptrend nearing its end or a structural market transition. Price weakness emerged in October, but the most severe selling followed: a 30-day distribution peak of 1.14 million BTC in November 2025. This sequence signals a **capitulation sell-off** (not orderly

12 minutes ago

Insider: The "Crypto Market Structure Bill" Could Face Delayed Vote

**January 10 Update** Senate Agriculture Committee Chair John Boozman (R-Ark.) is weighing delaying a vote on landmark crypto legislation—provided bipartisan negotiations yield significant progress in the coming days, three anonymous sources confirm. Boozman had planned to advance the crypto market regulation bill on Jan. 15. But he’s now open to pushing back the vote, contingent on talks between his team and Democratic chief negotiator Sen. Cory Booker (D-N.J.) over the next few days. If the two sides reach substantial breakthroughs by the end of this weekend, the committee chair may delay the vote to shore up bipartisan support for the measure.

12 minutes ago

A whale/institution that has been holding 101,000 ETH for five years transferred 40,000 ETH to a CEX in the last day and still holds 26,000 ETH

Jan 10 – On-chain data analyst Evan Jing reports that a whale/institution holding 101,000 ETH for 5 years (average cost: just $660) transferred 40,251 ETH (~$124M) to the Bitstamp exchange in the past 24 hours. Notably, the latest transfer of 26,000 ETH (~$80.16M) to Bitstamp occurred just 1 hour ago. Per the report, the entity accumulated the 101,000 ETH 5 years ago via Binance and Bitstamp at an average price of $660. To date, 75,200 ETH (~$254M) from this holding have been moved to exchanges, with an average realized price of $3,383 – translating to a $204.9M profit on the sold portion. The whale/institution still holds 26,000 ETH (~$80.16M).

12 minutes ago

New York Mellon Bank Launches Tokenized Deposit Service, Allowing Users to Transfer Funds via Blockchain Channel

BNY Mellon has launched a tokenized deposit service allowing customers to transfer funds via blockchain, Bloomberg reported on January 10. The move makes the bank another major global player deepening its footprint in digital assets. In a Friday announcement, the bank said the digital cash is an on-chain representation of customer account deposits held at BNY Mellon. The service supports use cases including collateral and margin trading, enables faster payments, and the bank is committed to 24/7 operations.

12 minutes ago

A certain Whale Trader Smart Money address withdrew 1139 ETH from Binance 10 hours ago.

On-chain analyst Ai Auntie (@ai_9684xtpa) reports that the Bandit Smart Money address 0x69b...0e37 has resumed accumulating ETH after a two-week pause. 10 hours ago, the address withdrew 1,139 ETH from Binance—valued at roughly $3.5 million—with an average withdrawal price of $3,071.68. Notably, the same address previously netted $807,000 in profit from an ETH scam between December 28, 2024, and January 6, 2025.

12 minutes ago

The three major US stock indexes closed up, cryptocurrency stocks fell overall, MSTR dropped by 5.77%

January 10: According to Bitget market data, the three major U.S. stock indexes closed higher collectively. The Dow Jones Industrial Average (Dow) hit a new intraday high, closing 0.48% higher; the S&P 500 rose 0.65%; and the Nasdaq Composite gained 0.81%. Cryptocurrency-related stocks mostly declined, with the following performance: - Coinbase (COIN): -1.96% - Circle (CRCL): +2.78% - MicroStrategy (MSTR): -5.77% - Bullish (BLSH): -2.29% - Gemini (GEMI): -4.51% - Bitmine (BMNR): -3.9% - SharpLink Gaming (SBET): -2.53% - Bit Digital (BTBT): -0.9% - ETHZilla (ETHZ): -2.05% - BTCS Inc (BTCS): -0.69% - ALT5 Sigma (ALTS): -4.17% - American Bitcoin (ABTC): -4.19% - Kindly MD (NAKA): -4.04%

12 minutes ago