U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

On January 21, Onchain Lens monitoring data shows that EasyGo—an entity under Trend Research—has once again borrowed 20 million USDT. The funds were then deposited into Binance to purchase 6,656 ETH, which was subsequently transferred to Aave. Trend Research currently holds 651,310 ETH, with a total value of $1.91 billion.

Jan. 21 Per The Wall Street Journal, U.S. officials said former President Trump is still pressing aides for so-called “decisive” military options against Iran—despite scrapping plans for a strike last week. The discussions come as the U.S. deploys an aircraft carrier and fighter jets to the Middle East, a move that could signal the start of a broader military buildup. U.S. officials noted Trump has repeatedly used the term “decisive” to describe the impact he wants U.S. action to have on Iran. That wording has prompted Pentagon and White House aides to draw up a range of options, some of which would aim to oust Iran’s current regime. Aides are also crafting milder options, including potential strikes on Islamic Revolutionary Guard Corps (IRGC) facilities. Officials emphasized Trump has not yet ordered an Iran strike, and his final decision remains unclear. Still, the ongoing talks suggest he has not ruled out the possibility of “punishing” Iranian authorities.

January 21st — According to Qbitai, DeepSeek-R1 unveiled its new model "MODEL1" to mark its first anniversary. DeepSeek has updated the FlashMLA code repository on GitHub, with "MODEL1" mentioned 28 times across 114 files and identified as distinct from V32. Since V32 is confirmed to be DeepSeek-V3.2, MODEL1 is likely a new architecture. Key code differences include KV cache layout, sparsity handling, FP8 decoding, and multiple memory optimization adjustments.

**Crypto, U.S. Stocks Tumble Amid Trump Tariff Threat, Greenland Stance** On January 21, Trump escalated tariff threats against Europe and took a tough stance on the Greenland issue, further stoking market fears of a U.S.-Europe trade war resumption. Per HTX market data, the crypto market took another heavy hit overnight: - Bitcoin fell below $88,000 and now trades at $88,430; - Ethereum dropped to $2,920 and is currently at $2,943; - Total crypto market cap shed 4.6% in one day, now at $307.2 billion. Leading altcoin decliners (24-hour drops): - Binance Life: 19.3% → $0.172; - ROSE: 17.5% → $0.0165; - PHB: 13.6% → $0.0038; - MORPHO: 11.02% → $1.145; - STO: 10.98% → $0.0877. U.S. major indexes plummeted overnight: - S&P 500: 2.06% drop (biggest single-day fall since last October); - Dow: 1.76% drop; - Nasdaq: 2.39% drop. Crypto-related U.S. stocks also tumbled: - Strategy: 7.76% plunge; - Coinbase (COIN): 5.57% drop; - Circle (CRCL): 7.45% dro

Jan 21 (FXStreet) — U.S. Commerce Secretary Howard Lutnick said Tuesday he expects first-quarter 2026 U.S. GDP growth to top 5%, but noted current interest rates are too high and dampening stronger economic expansion. Speaking at the World Economic Forum’s annual meeting in Davos, Switzerland, Lutnick added: “Our interest rates should be lower to let the economy truly prosper. I think GDP will grow over 5% this quarter—huge for the $30 trillion U.S. economy. If rates were lower, growth could hit 6%. What’s holding us back right now is our own policy.” Notably, Lutnick’s forecast is his personal view and outpaces that of U.S. Treasury Secretary Benson, who told Davos attendees U.S. GDP growth in 2026 may land between 4% and 5%.

On-chain data indicates that a suspected GameStop-linked wallet transferred 2,396 BTC to Coinbase Prime’s hot wallet 16 hours ago as of January 21. The transfer accounts for roughly 50% of the wallet’s total Bitcoin holdings. Records show GameStop acquired 4,710 BTC via Coinbase Prime in May 2025 as part of its treasury reserves, with a total investment of around $500 million. The average purchase price per coin ranged from $106,000 to $109,000. Currently, the unrealized loss on this Bitcoin position is approximately $70 million.