The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

Jan 12 – JPMorgan has revised its Federal Reserve rate outlook: it no longer expects the Fed to cut rates in 2026 (previously projecting a 25-basis-point cut in January 2026). Instead, the bank now anticipates a 25bp rate hike from the Fed in the third quarter of 2027. (IG)

On January 12, official sources confirm Arbitrum has activated its ArbOS Dia upgrade. Arbitrum officials note this is a major tech stack update, adding support for the Fusaka EIP and boosting overall user experience.

On January 12, per monitoring from Hyperinsight (via their Telegram channel: https://t.me/HyperInsight), Strategy engaged in counter-trading activity. The former Hyperliquid BTC whale (address 0x94d37) closed its kPEPE long position at 13:42, netting a $9,335 profit. The account currently shows an unrealized gain of $4.6 million. As Strategy has been steadily accumulating BTC, this address opened short positions on mainstream cryptocurrencies including BTC and ETH. At one point, it held a $120 million position—making it Hyperliquid’s largest BTC short holder.

**Jan 12 – Sources familiar with the matter said Wednesday that some of former President Donald Trump’s allies were stunned by his administration’s decision to subpoena Federal Reserve Chair Jerome Powell.** The group worries legal action against Powell could disrupt the bond market, and fears he may be reluctant to step down once his chair term ends in May. Powell holds a seat on the Fed’s Board of Governors through 2028 and has not signaled whether he plans to follow the traditional post-term exit from the central bank. Trump aides and allies are currently weighing the fallout from targeting Powell, including potential unintended consequences. Key concerns: how Wall Street will respond when markets open Monday—with the bond market likely interpreting the move as a threat to Fed independence—and uncertainty over Trump’s push to replace Powell with a new chair. Evercore ISI analysts noted in a report: “We are stunned by this deeply troubling development, which endangers the ce

On January 12, Bitget market data shows spot silver surged past $84 an ounce, posting an intraday gain of 5.09%.

January 12: At 11:57 AM, per monitoring from HyperInsight, a whale closed out a 100 BTC long position with an average entry price of $90,133.34, netting a $165,000 profit. The whale then shorted 462.3 PAX Gold (PAXG) tokens at 10x leverage (average entry price: $4,550.06) — the position currently holds an unrealized loss of $13,000.