Crypto Circle Early Insights January 28
First, let's pay attention to macro aspects:
- U.S. President Trump stated that if the South Korean National Assembly does not formally confirm the previous trade agreement, the U.S. is considering raising tariffs on South Korean goods from 15% to 25%, while simultaneously issuing new tariff threats to European, Canadian, and Iranian trade partners.
- The Australian regulatory agency ASIC has listed the regulatory gap in the crypto industry as a key risk for 2026, pointing out that some crypto, payment, and AI companies are operating at the edge of regulation, exacerbating market uncertainty.
Next, let's look at market hotspots:
- Yesterday, the net inflow for the U.S. Bitcoin spot ETF was $6.8 million, and the net inflow for the Ethereum spot ETF was $41,000, with a fear and greed index of 29 yesterday!
- Driven by continuously rising gold prices, the tokenized gold sector as a whole has strengthened, with XAUT and PAXG together accounting for nearly 90% of market share, becoming the absolute main force in current tokenized gold.
- BitMine Chairman Tom Lee stated that the surge in precious metals masks the ongoing improvement in the fundamentals of crypto assets, believing that the rise of Ethereum and Bitcoin is just a matter of time.
- On-chain data shows that a new address spent $23,000 betting on extreme changes in the Federal Reserve's interest rate decision, with potential returns reaching several million dollars if there are significant rate hikes or cuts.
Finally, let's look at industry dynamics:
- ClawdBot founder publicly declared that no tokens will be issued and warned that any actions associating it with token projects are scams, while also disclosing that after the project name change, their account was registered by speculators.
- Ripple announced a collaboration with the innovation department of a bank in Riyadh, Saudi Arabia, to explore institutional-level applications of blockchain in cross-border payments, digital asset custody, and asset tokenization.
