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Trump takes office, the market is optimistic about the prospects of US stocks and cryptocurrencies
January 21 News, Donald Trump has officially been inaugurated as the 47th President of the United States. Investors are optimistic about the U.S. economic outlook, betting that Trump will take immediate actions to boost the economy. This expectation led to a broad rally in U.S. stock futures.
According to monitoring data, U.S. stock markets were closed on Monday due to Martin Luther King Jr. Day, but the SP 500 futures rose 0.36%, Dow futures gained 0.38%, and Nasdaq futures increased by 0.41%.
The cryptocurrency market experienced a turbulent pullback. Bitcoin briefly surpassed $109,000 yesterday, reaching a historic high. However, since Trump did not address cryptocurrency-related topics in his inauguration speech, profit-taking behavior emerged in the market. Bitcoin’s price retreated to around $100,000 and is currently consolidating above $102,000.
The TRUMP and MELANIA meme coins, which had been in the spotlight in recent days, saw significant declines. Meanwhile, the AI Agent token experienced a sharp rebound, with liquidity returning.
In the foreign exchange and commodity markets, the U.S. dollar index fell more than 1.2%, while non-dollar currencies rose over 1%. The Japanese yen approached a one-month high, supported by reports suggesting that the Bank of Japan may raise interest rates on Friday.
Oil prices declined due to Trump’s policy of not imposing additional tariffs, with Brent crude dropping nearly 1.7%. Meanwhile, gold, silver, and industrial metals such as copper rose, with spot gold gaining nearly 0.2%.
Markets are optimistic about the economic outlook following Trump’s formal inauguration, especially in U.S. stocks and the cryptocurrency market.
Investors are currently focused on the upcoming Bank of Japan meeting, with widespread expectations that an interest rate hike is imminent. This decision could have a certain impact on U.S. Treasury and stock market trends, and the resulting sentiment may also influence the cryptocurrency market.
January 21 News, Donald Trump has officially been inaugurated as the 47th President of the United States. Investors are optimistic about the U.S. economic outlook, betting that Trump will take immediate actions to boost the economy. This expectation led to a broad rally in U.S. stock futures.
According to monitoring data, U.S. stock markets were closed on Monday due to Martin Luther King Jr. Day, but the SP 500 futures rose 0.36%, Dow futures gained 0.38%, and Nasdaq futures increased by 0.41%.
The cryptocurrency market experienced a turbulent pullback. Bitcoin briefly surpassed $109,000 yesterday, reaching a historic high. However, since Trump did not address cryptocurrency-related topics in his inauguration speech, profit-taking behavior emerged in the market. Bitcoin’s price retreated to around $100,000 and is currently consolidating above $102,000.
The TRUMP and MELANIA meme coins, which had been in the spotlight in recent days, saw significant declines. Meanwhile, the AI Agent token experienced a sharp rebound, with liquidity returning.
In the foreign exchange and commodity markets, the U.S. dollar index fell more than 1.2%, while non-dollar currencies rose over 1%. The Japanese yen approached a one-month high, supported by reports suggesting that the Bank of Japan may raise interest rates on Friday.
Oil prices declined due to Trump’s policy of not imposing additional tariffs, with Brent crude dropping nearly 1.7%. Meanwhile, gold, silver, and industrial metals such as copper rose, with spot gold gaining nearly 0.2%.
Markets are optimistic about the economic outlook following Trump’s formal inauguration, especially in U.S. stocks and the cryptocurrency market.
Investors are currently focused on the upcoming Bank of Japan meeting, with widespread expectations that an interest rate hike is imminent. This decision could have a certain impact on U.S. Treasury and stock market trends, and the resulting sentiment may also influence the cryptocurrency market.
The probability of "Trump pardoning Silk Road founder Ross Ulbricht in his first 100 days in office" has risen to 94% on Kalshi
According to the compliance forecast market data from Kalshi, the probability of "Trump pardoning Silk Road founder Ross Ulbricht within his first 100 days in office" has risen to 94%.
Previously reported, on January 21 at 10 o'clock, Musk stated that Ross Ulbricht would be pardoned (Ross will be freed too) when responding to a netizen's suggestion that Trump should "pardon Silk Road founder Ross Ulbricht".
Last July, Trump promised during his speech at the Bitcoin 2024 conference that he would commute the sentence for Silk Road founder Ross Ulbricht after being elected president.
According to the compliance forecast market data from Kalshi, the probability of "Trump pardoning Silk Road founder Ross Ulbricht within his first 100 days in office" has risen to 94%.
Previously reported, on January 21 at 10 o'clock, Musk stated that Ross Ulbricht would be pardoned (Ross will be freed too) when responding to a netizen's suggestion that Trump should "pardon Silk Road founder Ross Ulbricht".
Last July, Trump promised during his speech at the Bitcoin 2024 conference that he would commute the sentence for Silk Road founder Ross Ulbricht after being elected president.
Over 300,000 SOL have been transferred from an unknown wallet to CEX
According to the on-chain data tracking service Whale Alert, around 11:23 a.m. Singapore time, 302,530 SOL (72,516,950 US dollars) were transferred from an unknown wallet to CEX.
According to the on-chain data tracking service Whale Alert, around 11:23 a.m. Singapore time, 302,530 SOL (72,516,950 US dollars) were transferred from an unknown wallet to CEX.
FOX Reporter: It is expected that Trump will sign an executive order to prohibit the creation of CBDC
FOX Business reporter Eleanor Terrett posted in X saying: "In addition to signing an executive order to establish a cryptocurrency committee, the leaders of cryptocurrency policy also expect Trump to sign an executive order prohibiting the creation of CBDC. The specific timing of these executive orders is still unclear."
FOX Business reporter Eleanor Terrett posted in X saying: "In addition to signing an executive order to establish a cryptocurrency committee, the leaders of cryptocurrency policy also expect Trump to sign an executive order prohibiting the creation of CBDC. The specific timing of these executive orders is still unclear."
Cryptocurrency asset management company Virtune announces the listing of Finland's first batch of Euro-denominated cryptocurrency ETP
The Swedish regulated crypto asset management company Virtune announced that Finland's first batch of Exchange Traded Products (ETP) for cryptocurrencies has been listed on Nasdaq Helsinki. There are a total of five ETP products priced in euros, which have now been approved to start trading. These are: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and the Virtune Crypto Altcoin Index ETP.
The Swedish regulated crypto asset management company Virtune announced that Finland's first batch of Exchange Traded Products (ETP) for cryptocurrencies has been listed on Nasdaq Helsinki. There are a total of five ETP products priced in euros, which have now been approved to start trading. These are: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and the Virtune Crypto Altcoin Index ETP.
On Deribit, a large amount of BTC options were bought for the end of January at $105,000 call options, and sold for the end of March at $115,000 call options
Deribit's Asia-Pacific Business Head, Lin Chen, posted on X stating that today's largest BTC block option is: a user earned 3.165 million US dollars by buying bullish options of 105,000 US dollars at the end of January and simultaneously selling bullish options of 115,000 US dollars at the end of March, totaling 925 BTC on one side.
Deribit's Asia-Pacific Business Head, Lin Chen, posted on X stating that today's largest BTC block option is: a user earned 3.165 million US dollars by buying bullish options of 105,000 US dollars at the end of January and simultaneously selling bullish options of 115,000 US dollars at the end of March, totaling 925 BTC on one side.
El Salvador, disregarding its agreement with the International Monetary Fund, has once again purchased 12 Bitcoins as national reserves
Despite El Salvador's previous agreement with the International Monetary Fund to retract some of its cryptocurrency policies, the country still purchased 12 Bitcoins as part of its reserves in the past day. In a post on January 19th, the country's National Bitcoin Office stated that it had bought another 11 Bitcoins worth over one million dollars. Additionally, it also purchased one Bitcoin for $106,000 on January 20th.
Despite El Salvador's previous agreement with the International Monetary Fund to retract some of its cryptocurrency policies, the country still purchased 12 Bitcoins as part of its reserves in the past day. In a post on January 19th, the country's National Bitcoin Office stated that it had bought another 11 Bitcoins worth over one million dollars. Additionally, it also purchased one Bitcoin for $106,000 on January 20th.
Perhaps due to Musk's statement that Ross Ulbricht will be pardoned and released, the related concept of Meme coin market value has broken through 30 million US dollars
It is rumored that Ross Ulbricht may be released due to a presidential pardon by Musk. The related concept, Meme coin Ross, has broken through $0.04 in the short term and is now reported at $0.0326491, with a 24-hour increase of 51.3%. Its current market value has exceeded $30 million, reaching $32.6 million.
It is rumored that Ross Ulbricht may be released due to a presidential pardon by Musk. The related concept, Meme coin Ross, has broken through $0.04 in the short term and is now reported at $0.0326491, with a 24-hour increase of 51.3%. Its current market value has exceeded $30 million, reaching $32.6 million.
OpenAI's strongest o3 model has been exposed for fraud, gaining privileged access to the FrontierMath test question bank in advance
A contractor from EpochAI named "Meemi" revealed on the Less Wrong forum that OpenAI not only provided financial support for the FrontierMath benchmark test, but also obtained privileged access to the test question bank.
Tamay Besiroglu, Deputy Director and one of the co-founders of EpochAI, soon admitted this on platform X. We made a mistake by not disclosing OpenAI's involvement in FrontierMath earlier. Our contract prohibited us from doing so before o3 was released. In hindsight, we should have strived harder for transparency sooner. We acknowledge this and promise to do better in the future.
Elliot Glazer, Chief Mathematician at EpochAI, acknowledged that he did not proactively disclose information about industry funding during the project and apologized to mathematicians who might not have participated if they had known beforehand. Regarding o3 scores, he expressed confidence in the accuracy of scores reported by OpenAI but emphasized that EpochAI needs to verify through an independent retention test set being developed and promised that evaluation scores from this set will be made public. When questioned about the status of this retention set, Glazer clarified that it is still under development rather than completed.
It is reported that FrontierMath is a highly weighted advanced mathematical reasoning ability assessment benchmark. It was jointly created by EpochAI with more than 60 top mathematicians participating including several Fields Medal winners and experienced problem setters for International Mathematical Olympiad competitions.
A contractor from EpochAI named "Meemi" revealed on the Less Wrong forum that OpenAI not only provided financial support for the FrontierMath benchmark test, but also obtained privileged access to the test question bank.
Tamay Besiroglu, Deputy Director and one of the co-founders of EpochAI, soon admitted this on platform X. We made a mistake by not disclosing OpenAI's involvement in FrontierMath earlier. Our contract prohibited us from doing so before o3 was released. In hindsight, we should have strived harder for transparency sooner. We acknowledge this and promise to do better in the future.
Elliot Glazer, Chief Mathematician at EpochAI, acknowledged that he did not proactively disclose information about industry funding during the project and apologized to mathematicians who might not have participated if they had known beforehand. Regarding o3 scores, he expressed confidence in the accuracy of scores reported by OpenAI but emphasized that EpochAI needs to verify through an independent retention test set being developed and promised that evaluation scores from this set will be made public. When questioned about the status of this retention set, Glazer clarified that it is still under development rather than completed.
It is reported that FrontierMath is a highly weighted advanced mathematical reasoning ability assessment benchmark. It was jointly created by EpochAI with more than 60 top mathematicians participating including several Fields Medal winners and experienced problem setters for International Mathematical Olympiad competitions.
Trump signs executive order, renaming "Gulf of Mexico" to "American Gulf"
U.S. President Trump signed an executive order on the 20th to rename the "Gulf of Mexico" as the "American Gulf".
U.S. President Trump signed an executive order on the 20th to rename the "Gulf of Mexico" as the "American Gulf".