US President Trump has appointed Danielle Sassoon as interim head of the Southern District of New York Federal Prosecutor's Office, responsible for Manhattan and surrounding areas. Sassoon previously led the prosecution of FTX founder Sam Bankman-Fried, resulting in Bankman-Fried being sentenced to 25 years in prison. In addition, she was involved in the US Department of Justice's case against Terra founder Do Kwon. Sassoon graduated from Harvard University and Yale Law School, and previously served as a clerk for the late Supreme Court Justice Antonin Scalia. She will lead the Southern District Prosecutor's Office until the formally nominated candidate, Jay Clayton, completes the confirmation process.

Bernstein analyst Gautam Chhugani has said that insiders holding $Trump tokens may distribute these supplies, causing reckless investors to suffer losses. This has happened in the past with assets related to Trump, especially when the stock of Trump Media & Technology Group, the parent company of Truth Social, fluctuated. Gautam Chhugani added that given the rapid rise in the market value of this token, the 80% supply held by insiders has indeed put some pressure on it. However, tokens directly related to the president may be more enduring than most tokens, but their ownership structure may reduce their attractiveness. In this case, the meme coin that uses Trump's brand effect and political image may have some longevity, but its lifespan will depend on the potential token design, given that 80% of the internal supply is provided by Trump's branch. (BusinessInsider)

Argo Blockchain, a Bitcoin mining company, announced that its CEO Thomas Chippas will step down on February 28, 2025. The company is searching for executives to determine his successor. In the meantime, Chief Financial Officer Jim MacCallum will serve as interim CEO.

on January 22, CryptoQuant CEO Ki Young Ju tweeted that cryptocurrencies are essentially financial products that are free from censorship, and excessive regulation of Coinbase goes against its original intention. He believes that in the world of cryptocurrencies, self-regulation and customer trust are more important, which is why more users around the world choose Binance. Earlier, Alex Svanevik criticized Coinbase's user experience as worse than that of a bank, including repeated withdrawal form filling, random account freezing, and 10-hour delay in Solana withdrawals.

Morgan Stanley's Chief Operating Officer, Pinto, stated that the US economy is currently in good condition, but inflation levels have not yet reached the appropriate level, and the deficit is too high. He also warned that inflation and geopolitical factors could disrupt the current optimistic market sentiment.

On January 22nd, according to SlowMist Cosmos on x, phishing scams in the Solana ecosystem have recently shifted towards stealing mnemonic phrases as the main method. With a large influx of new users into the Solana ecosystem, these users have become the main target and suffered serious financial losses.

CryptoQuant CEO Ki Young Ju stated in a post on X that cryptocurrencies are essentially unregulated finance, and that Coinbase's excessive regulation has missed the point. He believes that self-regulation based on customer trust is better in the crypto world, which is also why Binance is used worldwide. Previously, Alex Svanevik, CEO of on-chain data analysis company Nansen, stated in a post that Coinbase's user experience is worse than that of banks, including the need to repeatedly fill out forms for each withdrawal, accounts being randomly closed for security reasons, and a 10-hour wait for Solana withdrawals.

on January 22nd that the People's Bank of China, Ministry of Commerce, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, and State Administration of Foreign Exchange jointly issued an opinion to promote institutional opening up in free trade pilot zones (Hong Kong) that meet international high standards under certain conditions. It proposed to support the cross-border authentication of digital identity and electronic identification, research and improve the digital identity authentication system that is in line with international standards, and facilitate the cross-border flow of financial data to enhance the level of free flow of cross-border funds.

According to Glassnode data, since Bitcoin broke $100,000, its capital inflows have slowed down. However, BTC's actual market value has reached a historic high of $832 billion and continues to grow at a rate of $38.6 billion per month. In December 2024, the peak of net realized profit reversal reached $4.5 billion, which has now dropped to $316.7 million (-93%). The reduction in selling pressure indicates that the market is resetting to a supply-demand balance. The sum of realized profits and losses has decreased by 65% from $4 billion to $1.4 billion. However, compared to historical levels, this indicator is still at a relatively high level, indicating that daily demand is still absorbing capital inflows.

On January 22nd, according to Financefeeds, Zodia Custody, a digital asset custodian supported by institutions such as Standard Chartered Bank and Northern Trust, announced a partnership with European and Korean digital asset company Wavebridge. Through this partnership, institutional investors can safely and compliantly enter the digital asset market through Wavebridge's professional services. It is reported that Wavebridge holds virtual asset service provider (VASP) licenses issued by the Lithuanian and Korean Financial Intelligence Units (KoFIU).