<div id="readability-page-1" class="page"><div><div><h2>Headline</h2>▌US CFTC and SEC Jointly Launch &#34;Project Crypto&#34; to Promote Crypto Regulatory Coordination and Rule ModernizationThe US Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) announced a joint initiative, &#34;Project Crypto,&#34; a plan aimed at modernizing cryptocurrency regulation. SEC Chairman Paul Atkins stated that the current market is highly integrated, and fragmented regulation will only increase confusion. In his first public appearance since taking office, CFTC Chairman Michael Selig stated that he will work closely with the SEC to promote regulatory harmonization. Furthermore, Selig has directed the initiation of rule-making work for prediction markets (such as Polymarket and Kalshi), aiming to establish clearer regulatory standards for event contracts.▌US Senate Fails to Pass Appropriations Bill, Government Faces Partial Shutdown AgainAccording to CCTV News, on the 29th local time, the US Senate voted on a government appropriations bill, but it failed to pass due to insufficient votes in favor. The possibility of the US federal government partially shutting down again at the end of this month due to running out of funds has greatly increased. The operating funds for most departments of the US federal government, including the Department of Homeland Security, will run out on January 30. US Senate rules stipulate that a government appropriations bill requires 60 votes to pass. Currently, Republicans hold 53 seats in the Senate, Democrats hold 45 seats, and two independent senators have joined the Democratic caucus. Senate Democratic Leader Chuck Schumer recently stated that the US Immigration and Customs Enforcement and Border Patrol have recently conducted forced immigration enforcement in Minnesota, resulting in the shooting deaths of US citizens. Therefore, if the Department of Homeland Security's funding is included in the government appropriations bill, Democrats will block the bill from passing in the Senate. ... As of press time, according to CoinGecko data: BTC price is $84,582.63, a 24-hour change of -5.1%; ETH price is $2,821.57, a 24-hour change of -6.1%; BNB price is $867.71, a 24-hour change of -3.6%. The price of SOL is $117.48, a 24-hour change of -6.1%; the price of DOGE is $0.1169, a 24-hour change of -6.4%; the price of XRP is $1.80, a 24-hour change of -5.6%; and the price of TRX is $0.2945, a 24-hour change of -0.1%. WLFI price is $0.157, 24-hour change -4.4%; HYPE price is $30.79, 24-hour change -9.2%. Policy Despite this being a significant step forward after years of lobbying by the crypto industry, the bill still lacks Democratic support and must pass the Senate Banking Committee for review, and then seek bipartisan compromise before being submitted to the full Senate for a vote. Democratic lawmakers have expressed concerns about ethical provisions and potential conflicts of interest in crypto involving the president and senior officials. The White House plans to convene another meeting next week with representatives from the crypto industry, banking sector, and both parties to push for consensus. ▌CFTC Chairman: Has Asked CFTC Staff to Draft Rulemaking Documents on Prediction MarketsMichael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that he has asked CFTC staff to draft rulemaking documents on prediction markets. Selig stated, &#34;The CFTC's existing framework has long proven difficult to implement and has failed to protect the interests of market participants. I intend to address this issue by establishing clear standards for event contracts, thereby providing certainty for market participants.&#34; ▌The UK House of Lords has officially launched a special investigation into stablecoins. According to market news, the UK House of Lords has officially launched a special investigation into stablecoins to assess their potential risks and examine whether current regulatory proposals are practical and effective. ▌Russia will launch a cryptocurrency regulatory framework in July this year, allowing individual investors to participate in trading. According to market news, Russia will launch a cryptocurrency regulatory framework in July this year, allowing individual investors to participate in trading. Blockchain Applications ▌Cryptocurrency Trading Platform Talos Raises $45 Million in Funding, with Robinhood, a16z, and Others Participating Robinhood participated in Talos's Series B funding extension round, valuing the platform at approximately $1.5 billion. Talos focuses on providing cryptocurrency trading infrastructure to global institutions, serving clients with approximately $21 trillion in assets under management. This $45 million extension round also attracted new strategic investors including Sony Innovation Fund, IMC, QCP, and Karatage, while existing investors a16z crypto, BNY, and Fidelity Investments also joined the investment. **Crypto Venture Capitalist Escape Velocity Raises $62 Million to Bet on DePIN Crypto Network** According to Fortune magazine, cryptocurrency venture capital firm Escape Velocity has raised $62 million to bet on the &#34;DePIN&#34; crypto network, which also has applications in telescopes and solar energy. **ByteDance and Alibaba to Launch New AI Model in Mid-February** According to The Information, ByteDance and Alibaba will launch a new artificial intelligence model in mid-February. Alibaba is considering increasing its investment in AI infrastructure and cloud computing from 380 billion yuan to 480 billion yuan over the next three years, according to an insider. Domestically, Alibaba has its own self-developed chip, the Zhenwu 810E; overseas, it is also &#34;using truckloads to transport procured GPUs,&#34; the insider said. At its most aggressive, &#34;even consumer-grade graphics cards like the RTX 4090 were bought in large quantities to build inference clusters and supplement inference throughput.&#34; Cryptocurrency ▌SEC Chairman: Now is the Right Time to Allow Cryptocurrencies into 401(k) Retirement Accounts According to market news: U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated, &#34;Now is the right time to allow cryptocurrencies into 401(k) retirement accounts.&#34; ▌Unclaimed ETH from The DAO Hack 10 Years Ago Will Be Used to Create a $250 Million Ethereum Security Fund Unchained podcast host Laura Shin released a video in which Griff Green stated that The DAO is returning, nearly 10 years after the 2016 The DAO hack. After the Lunar New Year, unclaimed ETH was used to create an Ethereum security fund worth $250 million. Ethereum co-founder Vitalik Buterin subsequently confirmed, &#34;The DAO security fund has officially launched, using over 75,000 ETH to strengthen Ethereum security.&#34; On June 17, 2016, a vulnerability in The DAO contract allowed hackers to steal approximately 3.6 million ETH, an event that ultimately led to a hard fork of Ethereum, creating the ETH and ETC chains. ▌USD1 Market Cap Surpasses $5 Billion, Overtaking DAI to Become the Fifth Largest StablecoinAccording to Coingecko data, the market capitalization of USD1, the US dollar stablecoin launched by WLFI, a crypto project of the Trump family, has surpassed $5 billion, currently trading at $5,041,201,346, continuing to set new records. It has also surpassed DAI to become the fifth largest stablecoin by market capitalization, following only USDT, USDC, USDS, and USDE.▌The Total Market Capitalization of the US Treasury Tokenization Market Officially Surpasses the $10 Billion MarkAccording to market news: The total market capitalization of the US Treasury tokenization market has officially surpassed the $10 billion mark. Hang Seng Investments, a Hong Kong asset management company, has launched a physically backed gold exchange-traded fund (ETF), introducing for the first time a tokenized share class issued on Ethereum, marking the fusion of traditional commodity ETFs and blockchain fund infrastructure. The Hang Seng Gold ETF listed on the Hong Kong Stock Exchange on Thursday under the ticker symbol “03170”, rising approximately 9% in early Asian trading. According to product disclosures, the fund closely tracks the LBMA Gold Price AM and holds physical gold stored in designated vaults in Hong Kong. In addition to the traditional ETF structure, the fund also offers tokenized shares. These tokenized shares are initially issued on Ethereum and may be expanded to other public blockchains in the future. HSBC is acting as the tokenization agent for the product. However, although these ETF shares are issued on a public blockchain, they cannot be freely traded on the secondary market; investors can only subscribe or redeem them through qualified distributors. Furthermore, Hang Seng's product page indicates that these tokenized shares are not yet open for subscription and will only be launched after obtaining relevant regulatory approvals. The Central Bank of the UAE has approved Universal Digital's issuance of the US dollar stablecoin USDU, in accordance with its Payment Token Services Regulation. The stablecoin is issued and managed by Universal Digital, a crypto company regulated by the Abu Dhabi Global Markets Financial Services Regulatory Authority. USDU is pegged 1:1 to US dollar reserves, with related funds held in secured accounts at onshore banks such as the National Bank of the UAE and Mashreq Bank. This marks the first time a US dollar stablecoin has officially operated under the central bank's payment regulatory framework. Aquanow has been appointed as the global distribution partner, providing access to USDU to institutions outside the UAE in licensed regions. ▌Texas State Teachers Retirement Fund Buys 7,398 Shares of MSTRAccording to market news: The Texas State Teachers Retirement Fund has just disclosed that it has purchased 7,398 shares of Bitcoin Treasury Strategy (MSTR). As of now, the fund holds a total of 80,844 shares of Strategy, with a total value of approximately $12.7 million. ... ALT5 Sigma Board Approves Major Share Buyback and WLFI Token Acquisition Plan ALT5 Sigma Corporation (NASDAQ: ALTS) announced that its board of directors has approved a share buyback program of up to $100 million, repurchasing up to 50 million shares, representing approximately 40% of its outstanding shares, at a price below net asset value (NAV). The company stated that this move aims to unlock shareholder value by utilizing the valuation discount. Simultaneously, the board also approved continued acquisition of WLFI tokens on the secondary market. ALT5 currently holds approximately 7.3 billion WLFI tokens, valued at approximately $1.5 billion, and is optimistic about the rapid growth of the World Liberty Financial ecosystem and its stablecoin USD1. To launch this program, ALT5 has entered into a $15 million loan agreement with World Liberty Financial and indicated that it may further utilize its strong balance sheet of over $1.6 billion for financing in the future. **Important Economic Developments** Iran: Will Not Provoke War, Will Resolutely Retaliate if Invaded. On January 29th local time, Iranian First Vice President Aref, discussing the regional situation, stated that the current government has maintained a state of readiness since taking office. Iran will not provoke war, and if war is provoked, it will resolutely defend itself, and &#34;the outcome of the war will not be decided by the enemy.&#34; Aref emphasized that preparations for a state of war must be made. Iran adheres to the principle of not being the first to wage war, but if invaded, it will resolutely retaliate and ensure that the course of the war is not dominated by the enemy. He pointed out that Iran advocates dialogue and rationality, but if a conflict breaks out, its outcome will no longer be controlled by the adversary. (CCTV News) President Trump stated that the White House is still negotiating with Senate Democrats to reach an agreement that could avert a government shutdown; however, any agreement passed by the Senate still needs to pass the House of Representatives. Sources indicate that the impending agreement would separate a thorny bill concerning immigration enforcement from the overall funding package. Trump stated at a White House cabinet meeting, “Hopefully we won’t have a government shutdown. We’re working on it. I think we’re close to it. We’re going to work very cooperatively to avoid a government shutdown, which we don’t want.” President Trump: Federal Reserve Chair nominee to be announced next week. ▌US President Trump Calls for Interest Rate CutsUS President Trump: (Regarding the Federal Reserve) We deserve the lowest interest rates in the world. We should have much lower interest rates now.▌86.6% Probability of the Federal Reserve Maintaining Interest Rates in MarchAccording to CME's &#34;FedWatch&#34;: The probability of the Federal Reserve cutting interest rates by 25 basis points by March is 13.4%, and the probability of maintaining interest rates is 86.6%. The probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by April is 25.5%, the probability of maintaining interest rates is 72.2%, and the probability of cumulatively cutting interest rates by 50 basis points is 2.2%.▌US President Trump Calls for Interest Rate Cuts▌US Initial Jobless Claims Last Week Were 209,000US initial jobless claims last week were 209,000, compared to an estimated 205,000 and a previous reading of 200,000.<hr/><h2>Golden Encyclopedia</h2>▌How AI in Cryptocurrency Trading Is Reshaping and Disrupting the Role of HumansArtificial intelligence (AI) is increasingly being integrated into cryptocurrency trading, accelerating processes previously performed manually, such as analysis, execution, and optimization. Investors and trading firms are facing the challenge of automating decision-making without compromising control, accountability, or human judgment. While some projects are working to build more autonomous trading systems, most AI tools in the cryptocurrency space remain subject to numerous limitations.Humans remain responsible for strategy development, risk setting, and outcome accountability, while machines handle the majority of bandwidth for data-intensive tasks such as research and monitoring. In the cryptocurrency market, the balance between automation and regulation is quietly reshaping trading workflows and beginning to redefine which human roles remain important. Artificial intelligence hasn't eliminated humans from the cryptocurrency space, but it's reshaping the distribution of labor across the entire industry. This shift is largely happening quietly, at the task level, particularly in research roles that previously relied on teams of junior analysts and interns. As trade execution becomes increasingly automated, traders can focus their energy on strategy and risk control rather than manual operations.</div></div></div>

The US CFTC and SEC have launched "Project Crypto" to modernize cryptocurrency regulation, aiming for regulatory harmonization. Meanwhile, the US Senate failed to pass an appropriations bill, increasing the risk of a partial government shutdown. The CFTC is also drafting rules for prediction markets to clarify standards for event contracts. Additionally, the UK House of Lords is investigating stablecoins, and Russia plans to introduce a cryptocurrency regulatory framework. In funding news, Talos raised $45 million, while Escape Velocity secured $62 million for the DePIN crypto network.

- The US Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) have launched "Project Crypto" to modernize cryptocurrency regulation and enhance coordination between agencies.  
- A government appropriations bill failed in the US Senate, raising the risk of another partial government shutdown as funds run out for several federal departments.  
- Cryptocurrency trading platform Talos raised $45 million, valuing the company at $1.5 billion, while the overall market for US Treasury tokenization surpassed $10 billion, reflecting significant financial developments in the crypto sector.

CoinLive

Invesco Galaxy Ethereum ETF

Galaxy Digital

Bakkt

GraniteShares 2x Long COIN Daily ETF

Bitwise Ethereum ETF

Roundhill COIN WeeklyPay ETF

IShares Ethereum Trust ETF

Valkyrie Bitcoin and Ether Strategy ETF

ProShares Bitcoin Strategy ETF

Coinbase

Proshares Ether Strategy ETF

Direxion Daily Crypto Industry Bull2XETF

Leverage Shares 2X Long COIN Daily ETF

Hut 8 Mining

VanEck Ethereum ETF

Mara

GraniteShares 2x Long MARA Daily ETF

Grayscale Bitcoin Premium Income ETF

YieldMax Short COIN Option Income Strategy ETF

American Bitcoin

Fidelity Ethereum Fund

Bitwise Bitcoin ETF

Leverage Shares 2X Long CRCL Daily ETF

iShares Bitcoin Trust ETF

Grayscale Bitcoin Miners ETF

YieldMax COIN Option Income Strategy ETF

Grayscale Ethereum Staking ETF

Bitwise MARA Option Income Strategy ETF

VanEck Bitcoin ETF

Franklin Ethereum ETF

CFTC and SEC launch Project Crypto; US Senate fails to pass appropriations bill.