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

On January 17, 2026—with Bitcoin prices nearing $100,000 early that year—U.S. President Trump’s latest remarks on the Federal Reserve Chair nominee were viewed by markets as a potential "price inflection point." Per Reuters, Trump recently told reporters at the White House that while White House economic advisor Kevin Hassett was widely expected to replace current Fed Chair Jerome Powell, he “leans more toward keeping Hassett in his current role” and views a potential reassignment as a “serious concern.” The comment quickly cooled market expectations that Hassett would take the Fed’s top job. As a result, Hassett’s projected win probability on prediction platform Polymarket plummeted, while that of his top rival—former Fed Governor Kevin Warsh—jumped to nearly 60%. Market analysts note that Hassett is viewed as the more dovish candidate: his Fed Chairmanship would likely boost expectations of 2026 rate cuts, supporting Bitcoin and risk assets. Warsh, by contrast, is more hawki

Jan. 17 (BlockBeats) — Per Coinglass data, Ethereum (ETH) has two key liquidation triggers at critical price levels: - If ETH falls below $3,200, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $920 million. - Conversely, if ETH breaks above $3,400, cumulative short liquidation intensity at these same CEXs will reach $985 million. **BlockBeats Note**: Liquidation charts do not show the exact number or value of contracts pending or under liquidation. Instead, the bars on these charts indicate the *relative importance* of each liquidation cluster compared to nearby clusters—i.e., "intensity." In short, the chart reflects how impactful reaching a specific price level will be: Taller liquidation bars signal a more severe reaction (from a liquidity cascade) once that price is hit.

January 17th: As stablecoins gain traction in cross-border payments, the roughly $900 billion global remittance market is poised for disruption. Industry insiders note that blockchain-powered stablecoins can slash cross-border transfer costs and speed up transactions—potentially upending the traditional remittance system led by Western Union. World Bank data shows current average cross-border remittance fees still exceed 6%, a heavy burden for low-income groups sending money to developing nations. Experts say stablecoins enable peer-to-peer transfers via digital wallets, with costs and friction far lower than traditional channels. On the regulatory front, U.S. President Trump signed the GENIUS Act in July to establish a federal stablecoin framework, paving the way for their entry into mainstream finance. Since then, traditional players like Western Union and PayPal have launched stablecoin-related products. Analysts note traditional remittance firms hold an edge in large-scale

January 17: Galaxy Digital Head of Research Alex Thorn stated that the scheduled Senate Banking Committee hearing on crypto market structure legislation has been postponed, citing deep-seated divisions between Congress and the industry on key issues—most notably stablecoin yield mechanisms and DeFi-related provisions. The delay came hours after Coinbase CEO Brian Armstrong withdrew his support for the bill, publicly pushing back against its language on tokenized securities, DeFi restrictions, and stablecoin yields. Senate Banking Committee Chairman Tim Scott announced the postponement but has not shared a new schedule. Given the Senate’s recess next week, the earliest the hearing could resume is between January 26 and 30. Thorn noted that over just 48 hours: the draft bill dropped late at night, more than 100 amendments were filed, stakeholders uncovered new points of contention right up to the last minute, and political coordination grew far more challenging. On the market fr

On January 17, trader Eugene Ng Ah Sio shared an update in his personal channel, saying: “I’ve closed out most of my altcoin long positions — they didn’t hit the extra returns I was targeting, so I’m locking in what’s available now. My core Bitcoin long position is still open, but I’m mostly in cash again, waiting for the next chance to deploy capital.”

On January 17, Coinglass data shows total net BTC outflow from centralized exchanges (CEXs) hit 347.51 BTC over the past 24 hours. Top three CEXs by BTC outflow: - Kraken: 1,623.52 BTC outflow - Bitfinex: 182.60 BTC outflow - KuCoin: 38.78 BTC outflow Additionally, Binance led inflows with 573.18 BTC.