Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

Jan 19 — Per Coinglass data, the entire crypto network saw $5.51 billion in liquidations over the past hour, with $5.33 billion from long positions and $177.448 million from short positions wiped out. Over the past 24 hours, 235,924 traders globally have been liquidated, totaling $660 million in liquidation volume. The largest single liquidation was $15.5252 million on Hyperliquid for ETH-USD pairs.

January 19 (Monday) — A flash crash hit the cryptocurrency market in the early hours of Monday, with Bitcoin tumbling as much as 3.79% in roughly one hour. The token dropped from around $95,500 to $91,900 and has since rebounded to approximately $92,800. Meanwhile, gold and silver surged sharply, while U.S. stock index futures fell 1%. At Monday’s opening, spot gold and silver gapped up to new all-time highs, while NASDAQ futures declined 1%. Over the weekend, former President Trump threatened tariff measures tied to the Greenland issue, and reports emerged that several EU countries are considering imposing tariffs on €93 billion worth of U.S. goods.

On January 19th, HTX market data shows Bitcoin briefly fell below $92,000, has since rebounded to $92,800, and is down 2.41% over the past 24 hours.

Jan. 19 — As per HTX market data, SOL briefly fell to $130 before rebounding to $134.63, down 6.55% over the past 24 hours.

**January 19 –** White House Economic Advisor and National Economic Council (NEC) Chairman Kevin Hassett recently said publicly that Trump is more likely to want him to stay in his current White House role—a market interpretation that he has effectively withdrawn from the race for the next Federal Reserve chair. After Trump signaled this publicly, prediction markets quickly adjusted their expectations. Data from Kalshi and Polymarket shows former Federal Reserve Governor Kevin Warsh’s probability of becoming the next Fed chair has surged to roughly 60%, leading the pack. Hassett’s odds have dropped to around 15%-16%, while current Governor Christopher Waller is at ~13%-14%. Previously, Warsh and Hassett were neck and neck. Analysts note Warsh has become the “clear frontrunner” for the first time, but Trump’s personnel decisions are notoriously unpredictable, leaving the final outcome uncertain. Other top candidates include Waller and BlackRock executive Rick Rieder. Meanwhil

Jan 19: Preview of This Week’s Key Events & Data - **Monday**: Trump leads a U.S. delegation to the World Economic Forum Annual Meeting; U.S. stock markets closed for Martin Luther King Jr. Day. - **Wednesday**: Trump to speak at the World Economic Forum Annual Meeting on *“How Can We Foster Collaboration in a More Competitive World?”*; U.S. Supreme Court to hear arguments on Trump’s attempt to remove Federal Reserve Governor Powell. - **Thursday**: U.S. Initial Jobless Claims; November PCE Report; Q3 Real GDP Final Value; U.S. EIA Natural Gas Inventories; Eurozone January Consumer Confidence Index; ECB to release December monetary policy meeting minutes. - **Friday**: Japan December Core CPI (YoY); U.S. January University of Michigan Consumer Confidence Index + Final One-Year Inflation Expectations; **Bank of Japan (BOJ) announces interest rate decision & Economic Outlook Report; Governor Haruhiko Kuroda to hold press con