📢 LBank Daily News Highlights - January 31, 2025 🌟✨

1️⃣ Spot Gold Breaks $2,800, Reaching New All-Time High
Spot gold has surged past $2,800 for the first time in history, hitting a new all-time high. The precious metal has gained nearly 7% year-to-date. 📈
2️⃣ Bloomberg: Crypto Firms Donated Millions to Trump’s Inauguration Committee
According to Bloomberg, Coinbase, https://t.co/Igf6yhW1lb, Galaxy Digital, Paradigm Operations, and Kraken each donated $1 million to Trump's inauguration committee, while Robinhood contributed $2 million. These donations were disclosed in a filing submitted to the U.S. Senate.
3️⃣ Top Whale (85% Win Rate) Closes $ETH Shorts, Turns Bullish
On-chain data from @ai_9684xtpa reveals that a well-known whale with an 85% win rate has closed all $ETH short positions and is now bullish. The whale currently holds 33,334.97 WETH (~$108M). However, the trader increased $BTC short positions, now shorting 740.1 $BTC (~$77.32M) at an average price of $104,297, currently at a -$127K unrealized loss.
4️⃣ AI Token Market Cap Drops Below $10 Billion
According to CoinGecko, the total market cap of AI-related tokens has dropped to $9.68B, marking a 0.8% decline in the last 24 hours, with $1.231B in trading volume.
5️⃣ Circle Mints $250M USDC on Solana
On-chain data from @OnchainLens shows that Circle has minted $250M USDC on the Solana blockchain. Since the start of 2025, Circle has minted a total of $5.75B USDC on Solana.
6️⃣ Coinbase Transfers 44 $BTC to Grayscale Bitcoin Mini Trust
Data from Arkham indicates that Coinbase Prime's hot wallet transferred 44.314 $BTC (~$4.66M) to the Grayscale Bitcoin Mini Trust approximately 10 hours ago. This trust is exclusively available to professional investors, including stablecoin issuers, DeFi protocol treasuries, and crypto funds.

📉 Market Overview:
🔹 BTC/USDT: $104,348.43 (-1.08%)
24H High: $106,421.61 | 24H Low: $103,935.35
🔹 ETH/USDT: $3,250.07 (+1.52%)
24H High: $3,283.27 | 24H Low: $3,207.95

💡 Market Sentiment:
🔸 Fear & Greed Index: 76 (Greed)
🔸 $BTC Funding Rate: Bullish bias
💡 Stay ahead of the market with LBank! 💪✨

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