Jupiter Founder: JUP Voting Season to Commence Soon

On January 31st, according to Coinglass data, the combined open interest of Bitcoin futures contracts across all exchanges reached 625,900 BTC (approximately $65.23 billion). Among them, the open interest of CME Bitcoin futures was 179,900 BTC (approximately $18.72 billion), ranking first. Binance Bitcoin futures had an open interest of 116,450 BTC (approximately $12.15 billion), ranking second.

On January 31, according to official channels, ChainGPT announced that ChainGPT Pad has introduced a new feature known as Launchdrops, which offers a straightforward, fair, and tier-based token distribution mechanism. Launchdrops enables projects that are not hosting Initial DEX Offerings (IDOs) on ChainGPT Pad to carry out free token distributions. The distribution of these tokens is purely based on tiers. That is to say, the equity obtained through staking will directly determine the amount of tokens they can receive, without the need for any additional investment.

On January 31st, based on the data on official websites, the probability prediction market on Polymarket that "The Ripple ETF will be approved this year" is currently at 82%.

On January 31st, as per Cointelegraph, seven members of UK gangs have been found guilty and sentenced to prison for the acts of kidnapping, torturing, and extorting a cryptocurrency investor. The victim was repeatedly targeted over a period of several months. They were attacked and forced to transfer cryptocurrency worth ￡100,000 (approximately $124,152). The incident started in January 2023 when the victim was approached at their home by a man who demanded a cryptocurrency transfer. Out of fear for their life, the victim transferred the funds to gang member Scott Armstrong. Later that same month, David Povey and another man returned and, this time, brandishing a knife, forced the victim to hand over more funds. In an attempt to stop the harassment, the victim chose to comply.

On January 31st, a board member of the European Central Bank, Lane, stated, "We are confident that inflation will stabilize at the target level as anticipated. Monetary policy will no longer be restrictive in the near future. I estimate that it will be during spring and summer." (FXStreet)

On January 31st, Andrei Grachev, a co-founder of DWF Labs, posted on social media, "I think the next stage of the convergence between traditional finance and cryptocurrency should be to offer a solution that enables customers to tokenize real-world assets (RWA) and utilize them as collateral for crypto transactions, and vice versa. Commodities, real estate, and stocks appear to be the most suitable initial choices."