Circle minted 250 million USDC on the Solana network 6 hours ago

**January 23 Update** Per Christine D. Kim’s summary of Ethereum’s 173rd consensus layer core developers (CL Devs) meeting on X: - To launch the Glamsterdam upgrade by mid-2024, developers may need to significantly scale back the upgrade scope. While a formal acknowledgment of a plan-timeline mismatch hasn’t been issued, any such issue must be resolved by the end of February. **Key Meeting Takeaways:** 1. If the interoperable version of EIP-7732 isn’t finalized by February’s end, the community will consider removing it from Glamsterdam and delaying it to a future hard fork. 2. Consensys Teku client identified node performance issues in mainnet stress testing, which are slowing upgrade progress. 3. EIP-7928 requires a small-scale API review by client teams. 4. The proposal deadline for the “Headliner EIP” of the Hegota upgrade is February 4. 5. Some client teams have completed preliminary work on EIP-7688 library updates.

Jan. 23 — Per HTX market data, Ethereum has fallen below $2,900, down 1.8% over the past 24 hours.

January 23rd – Per Bitget market data, U.S. stocks opened lower: the Dow Jones Industrial Average slipped 0.53%, the S&P 500 fell 0.17%, and the Nasdaq Composite declined 0.14%. Crypto-related U.S. stocks traded broadly lower in pre-market session, including: - BitGo Holdings (BTGO): Dropped 4.81% to $17.6, falling below its $18 IPO price - Coinbase (COIN): Fell 2.6% - Bullish (BLSH): Down 2.3% - BitMine (BMNR): Declined 2.06% - Circle (CRCL): Dropped 1.83% - American Bitcoin (ABTC): Fell 1.6%

**January 23 – Official sources confirm Spacecoin has launched SPACE token airdrop claims.** Eligible users include those who participated in Season 1 or Season 2 activities previously, plus holders of CTC tokens and ecosystem NFTs (e.g., CTC-0, CPC). To claim, users must visit the official Penguinbase portal, connect their wallet, and complete the claim process. SPACE tokens will be distributed to users’ Creditcoin network addresses.

Silver prices are closing in on $100 an ounce as of January 23, fueled by safe-haven inflows, a weaker U.S. dollar, and robust industrial demand. The metal has climbed roughly 12% since the start of this week, with a year-to-date gain of more than 40%. Ole Hansen, Head of Commodity Strategy at Saxo Bank, noted that momentum and Fear of Missing Out (FOMO) are powering the rally—but he emphasized this isn’t purely a speculative frenzy. Meanwhile, platinum prices have risen 3.3%.

Jan. 23: An analyst from U.S. financial site InvestingLive noted that the latest update on the Federal Reserve Chair selection may have been released last week, suggesting former President Trump could announce his pick before or after his Davos trip. He left Davos yesterday and returned to Washington, putting the decision on the agenda for today or this weekend. Trump appears to have made up his mind: in a Davos interview with CNBC, he said, “We’re down to the final three, but actually the final two—and in my view, maybe just the final one.” Expectations are shifting sharply as Rick Rieder’s odds climb to 35%, now just slightly below Kevin Warsh (a likely typo for the widely reported candidate “Warsh” in original text). Trump also ruled out former front-runner Kevin Hassett: “To be honest, I want him to stay where he is—I don’t want to lose him; he’s been great on TV.” He added Rieder “performed very well” in their interview. (Source: Golden Finance)