Fed's New Board Member: Not in a Hurry to Cut Rates, Sees Employment Risk as Higher than Inflation Risk
On January 16, Anna Paulson—Philadelphia Fed’s newly installed president and a 2026 FOMC voting member—said in her first national media interview there’s no need to rush rate cuts, explicitly backing Fed Chair Powell’s leadership and central bank independence.
Paulson noted current interest rates remain slightly above the neutral range, which continues pushing inflation toward the 2% target. She expressed “satisfaction” with the Fed’s rate hold at its January meeting.
She expects substantial inflation progress this year, but any rate cut later in 2024 will hinge on two factors: whether inflation eases as forecast, and whether the labor market sees an unexpected deterioration.
On risk balance, Paulson said downside risks to the labor market are “slightly higher than” those of sticky inflation. She pointed out recent job growth has been heavily concentrated in healthcare and social assistance, and the labor market’s cooling has exceeded expectations. Any sign of a shift from “sl
7 minutes ago
If Bitcoin drops below $94,000, the mainstream CEX long liquidation pressure will reach 263 million.
January 16 — Per Coinglass data, if Bitcoin drops below $94,000, cumulative long liquidation strength across major centralized exchanges (CEXs) will hit $263 million.
On the flip side, if Bitcoin rises above $97,000, cumulative short liquidation strength on major CEXs will reach $97.57 million (rounded from the original $97.5681 million).
Note from BlockBeats: Liquidation charts do not show the exact number of contracts to be liquidated or their precise value. Instead, the bars on these charts reflect how important each liquidation cluster is relative to adjacent clusters — this is what’s meant by "strength."
As such, liquidation charts indicate how much the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" signals a more pronounced price response driven by a liquidity cascade.
7 minutes ago
KAITO is down 19% in the last 24 hours, with nearly 25.8 million tokens currently staked, requiring a 7-day unbonding period
On January 16, AI Auntie monitoring shows X has revoked API access for the InfoFi app, causing KAITO to drop 19% in 24 hours.
Per the Kaito Dune dashboard, 25,798,188 KAITO tokens are currently staked (valued at ~$14.16 million), with an average of 589 tokens staked per address.
Given KAITO’s 7-day unstaking lockup period, this staked supply has already faced 19% forced dilution. AI Auntie noted: “We can expect a wave of selling pressure in seven days—it hinges on whether the team can win over the market with a new strategy. That said, their response speed yesterday suggests they had advance preparation for this.”
7 minutes ago
「Radical Longing Vanguard」 Goes 10x Long on FARTCOIN, Suffers $105,000 Unrealized Loss
On January 16, per monitoring data from Hyperinsight (via its Telegram channel @HyperInsight), the "aggressive long pioneer" trader (wallet address: 0x3bcae) currently holds a 10x leveraged long position on 10,092,652.6 FARTCOIN—valued at roughly $3.8 million—with an average entry price of $0.3873 and an unrealized loss of $105,000.
7 minutes ago
The market capitalization of BSC meme coins has seen a significant rebound today, with low-cap meme coins featuring Year of the Horse themes leading the way in price increase.
On January 16, GMGN monitoring data shows most BSC meme coins saw a slight rebound this morning, with Year of the Horse-themed tokens posting relatively strong gains.
“I Stepped on the Horse” is up ~10% over the past 6 hours, boasting an $18.3 million market cap and a current price of ~$0.0182. Meanwhile, other meme coins with seven-figure market caps—including “Dark Horse,” “Crying Horse,” “Success Horse,” and “Jumping Pony”—also logged notable gains today.
Separately, the $1 pool meme coin “One” surged at open today, driven by the $1 trading competition. It now has an $8.8 million market cap, and its rally mirrors that of “Peace” and “BIG DON” — with a wave of suspected linked new addresses conducting concentrated on-chain trading.
BlockBeats notes that meme coin trading is extremely volatile, heavily tied to market sentiment and hype, and lacks real value or utility. Investors should exercise caution and be fully aware of the risks.
7 minutes ago
A whale went 5x long with 120 BTC, with an entry price of $95,583.4
On Jan. 16, per HyperInsight monitoring, whale address 0x720a6 opened a 5x leveraged long position on 120 BTC at 10:28 ET, with an average entry price of $95,583.4 — the position is currently slightly underwater.
The address primarily focuses on high-leverage full-position trading of major cryptocurrencies, with recent activity centered on BTC, ETH, and META.
7 minutes ago