Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

On January 22, White House Chief of Staff Mark Meadows announced that former President Donald Trump will launch weekly cross-country speeches ahead of the November midterm elections. The first stop is set for Tuesday in Iowa, where he’ll focus on the economy and energy. Meadows also noted Cabinet officials will ramp up domestic travel in the coming months. This critical election year has White House senior aides and Republican lawmakers increasingly worried: Trump’s focus on foreign policy—rather than the economy and healthcare—could backfire in November. Polls show most Americans are dissatisfied with Trump’s economic performance. Last week, Trump acknowledged in an interview that Republicans may struggle to hold their narrow congressional majority, as the party in power typically loses seats in midterms. While Trump’s name won’t be on the ballot, Republicans still view him as their best messenger on economic issues and plan to leverage his popularity to win over skeptical vo

**Bitcoin Liquidation Levels (Jan 22, Coinglass Data)** - If Bitcoin rallies above $91,000, total short liquidations across major centralized exchanges (CEXs) will hit $717 million. - Conversely, a drop below $89,000 would trigger $317 million in total long liquidations on mainstream CEXs. **BlockBeats Note** Liquidation charts do NOT show the exact number of contracts or precise value of liquidated positions. Instead, the bars reflect the **relative importance** of each liquidation cluster compared to nearby clusters—this is called "liquidation strength." In short, the chart indicates how sharply the underlying asset’s price will react at specific levels. A taller "liquidation bar" signals a more intense price response driven by a liquidity cascade.

January 22 — X Platform, under new Product Manager Nikita Bier, has rolled out a series of updates with notable impacts on the crypto community. BlockBeats summarizes the key developments below: - **Jan 11**: Bier stated, “Crypto tweet suicide is dying out, and crypto-themed tweets have been de-platformed,” sparking widespread dissatisfaction in the crypto community. Musk subsequently announced the platform’s algorithm would be open-sourced (officially confirmed Jan 20). - X announced the development of **Smart Asset Tags**, which will let users trade financial assets directly on the platform in the future. The V1 version is expected to launch within the next month. Bier added X’s Smart Asset Tags API can process any on-chain minted content almost instantly; low-cap crypto assets not yet listed on mainstream exchanges will also be queryable without switching to a DEX. - **Jan 15**: Bier noted, “X is revising its Developer API policy: apps rewarding users for posting on X (know

January 22 — Cryptocurrency custodian BitGo has priced its initial public offering (IPO) at $18 per share, topping its prior indicative range of $15 to $17. The offering includes 11.8 million shares to be sold by BitGo and certain existing shareholders. Final terms remain under discussion, with details subject to adjustment. (Bloomberg)

January 22nd — Per the Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), the "BTC OG Insider Whale" (0xb31) saw its unrealized loss on long positions narrow slightly to $31 million, with $95 million in weekly fund withdrawals. Its latest funding rate settlement resulted in an $8.18 million loss, primarily from ETH long positions. The whale’s total position size now stands at approximately $830 million, making it the largest on-chain long position holder for both ETH and SOL. Its major long positions are as follows: - 5x ETH Long: Position size = $673 million; Average entry price = $3,161; Unrealized loss = $3 million (-20%); Liquidation price = $2,252 - 5x BTC Long: Position size = $89.8 million; Average entry price = $91,500; Unrealized loss = $1.47 million (-8.1%) - 10x SOL Long: Position size = $66.5 million; Average entry price = $130; Unrealized gain = $30,000 (0.6%) Previously, from the night of December 7th to the morning of December 8th, the whale tra

On January 22, AllScale— a self-custodial stablecoin digital bank— rolled out its "LATAM Wave" incentive program for Latin American creators. The initiative aims to attract builders, creators, and influencers to join the ecosystem. To participate, creators can share videos, designs, articles, or other works on X, YouTube, or LinkedIn, tag @allscaleio along with the relevant regional hashtag, and submit their content via AllScale’s event submission form. The event runs from January 20 to February 19, with a prize pool totaling over 2,500 USDT and 105,000 AS points. This program is part of AllScale’s Global Creator Program, which launched in November last year under the theme "Learn·Create·Earn." Targeting Web3 creators, students, freelancers, KOLs, and other groups across 8 key global regions, the Global Creator Program offers a reward pool worth $120,000 (30,000 USDT plus $90,000 in ASP).