Wu's Daily Selected Crypto News + This Week's Macroeconomic Indicators
Powered by ChatGPT1. Roger Ver Seeks Help from Trump, Faces Up to 109 Years in Prison
Roger Ver, known as "Bitcoin Jesus," has reached out to Trump on Twitter. He claims to be the first investor in the Bitcoin ecosystem worldwide, but he may be extradited back to the United States tonight and face 109 years of imprisonment. He was previously accused of failing to report capital gains when selling Bitcoin in 2017 and undervaluing his Bitcoin holdings when renouncing his U.S. citizenship in 2014. Earlier, he was arrested in Spain due to U.S. criminal charges and is awaiting extradition back to the U.S. Musk stated that Roger Ver has renounced his U.S. citizenship and is not eligible for any pardon.
2. Major Token Unlocks This Week
In the next 7 days, significant one-time unlocks (amounts greater than 5 million USD) include $SUI, $OP, TRIBL, $ZETA, $ENA, $DYDX, $AI, GAL, STIK, $AGI, etc. Linear large unlocks (daily amounts greater than 1 million USD) include SOL, WLD, DOGE, TIA, AVAX, TAO, $SUI, DOT, NEAR, JTO, FIL, ENS, SEI, MOCA, etc. The total unlock value exceeds 790 million USD.
3. Arthur Hayes: Predicts Bitcoin Will Retrace to 70,000 to 75,000 USD Before Rising to 250,000 USD by Year-End
Arthur Hayes, co-founder of BitMEX, tweeted a prediction that Bitcoin may experience a significant short-term retracement, possibly dropping from its current level to between 70,000 and 75,000 USD, potentially triggering a small financial crisis. As global central banks resume quantitative easing, market liquidity will be re-injected, and Bitcoin is expected to restart its upward trend, soaring to 250,000 USD by year-end. A highly upvoted comment under this statement criticized: "Can you point out which part of your last article was accurate? The analysis is great, but the conclusion is incorrect."
4. MicroStrategy Acquires 10,107 $BTC for 1.1 Billion USD
MicroStrategy has acquired 10,107 $BTC for approximately 1.1 billion USD, with an average purchase price of 105,596 USD, achieving a $BTC yield of 2.90% year-to-date as of 2025. As of January 26, 2025, MicroStrategy holds 471,107 $BTC, with an average purchase price of 64,511 USD, totaling around 30.40 billion USD in cost.
5. Panthertrade and YAX Obtain Hong Kong Virtual Asset Trading Platform Licenses
Panthertrade (Hong Kong) Limited and YAX (Hong Kong) Limited, a subsidiary of Tiger Brokers, have obtained virtual asset trading platform licenses from the Hong Kong Securities and Futures Commission as of January 27, 2025. Currently, 9 trading platforms, including OSL, HashKey, and HKVAX, have received virtual asset trading platform licenses in Hong Kong.
6. QCP: $BTC Drops Below 100,000 USD, Market Eyes Trump's Response to China's Deepseek
QCP analysis noted that Bitcoin fell below 100,000 USD a week after Trump took office, as news of China's open-source $AI model Deepseek raised market concerns, viewed as a potential threat to U.S. $AI dominance and possibly impacting the U.S. stock market. The market anticipates potential responses from the Trump administration, but Bitcoin's upward momentum remains insufficient in the short term, continuing to oscillate within the current range, while sentiment remains optimistic about the post-March trend. Meanwhile, with the upcoming Federal Reserve FOMC meeting (January 30), the VIX and market volatility remain elevated.
7. Wu's Weekly Macroeconomic Indicators and Analysis: Fed and ECB Rate Decisions, U.S. PCE
Summary
Last week, the Bank of Japan raised interest rates by 25 bps, and Trump issued an executive order to promote cryptocurrency; this week welcomes a super central bank week, focusing on rate decisions from the Fed and ECB, as well as U.S. core PCE for December.
Last Week in Review
For the week ending January 18, the number of initial jobless claims in the U.S. was 223,000, expected at 220,000, previous value 217,000.
Trump was inaugurated, signing an executive order on cryptocurrency and forming a task force to strengthen the leadership position in digital finance.
Full text of Japan's interest rate decision: After a 25 bp hike, the real interest rate remains negative, and adjustments will continue.
U.S. January Michigan Consumer Confidence Index final value was 71.1, expected 73.2, previous value 73.2.
This Week's Key Events & Indicators
January 29
Bank of Canada to announce rate decision and monetary policy report (22:45)
January 30
Federal Reserve FOMC to announce rate decision (03:00)
European Central Bank to announce rate decision (21:15)
Initial Jobless Claims in the U.S. for the week ending January 25 (10,000 people) (21:30)
U.S. Fourth Quarter Real GDP Annualized Quarterly Rate Preliminary (21:30)
U.S. Fourth Quarter Core PCE Price Index Annualized Quarterly Rate Preliminary (21:30)
January 31
U.S. December Core PCE Price Index Year-on-Year (21:30)