Crypto Morning Brief: Spot Gold Breaks Through $4,950, BitGo Lands on NYSE

marsbitОпубліковано о 2026-01-23Востаннє оновлено о 2026-01-23

Анотація

Crypto Morning Brief: Spot gold breaks through $4,950, reaching a new all-time high. Key U.S. economic data shows strong performance, with Q3 real GDP growth at 4.4%, the fastest in two years. Former President Trump announces a potential 25% tariff on countries trading with Iran and emphasizes blocking China from the crypto sector, to which China's Foreign Ministry responds by highlighting its active role in international financial cooperation. In crypto developments, Sentient and Fight.ID open token airdrop claims, while Space faces controversy after raising $20M instead of its stated $2.5M soft cap. World Liberty Financial partners with Spacecoin for DeFi and satellite internet solutions. Farcaster co-founder clarifies the protocol remains operational and will refund $180M in raised capital. BitGo debuts on the NYSE at $18 per share, marking the first major crypto IPO of 2026. Kraken receives a £25M investment from the British Business Bank, encouraging a potential London listing. Recommended reads cover topics like Web3 social dynamics, market reactions to geopolitical events, Fight.ID’s Web3 integration in sports, Jensen Huang’s views on AI-driven labor shortages, and an analysis of Trump’s decision-making principles.

Author: Deep Tide TechFlow

Yesterday's Market Dynamics

Spot Gold Broke Through $4950 This Morning, Hitting Another Record High

According to Bitget data, spot gold broke through the $4,950 per ounce mark in early trading this morning, setting another record high with a gain of 0.28%.

Key US Economic Data Released

Newly released data shows that the US third-quarter real GDP annualized quarter-on-quarter growth rate, adjusted for inflation, was 4.4%, the fastest growth rate in two years.

The US third-quarter core PCE price index annualized quarter-on-quarter growth rate final value was 2.9%, meeting expectations of 2.9%, unchanged from the previous value of 2.90%.

US initial jobless claims for the week ending January 17 were 200,000, compared to expectations of 210,000; the previous value was revised from 198,000 to 199,000.

Trump: Will Impose 25% Tariffs on All Countries Trading with Iran

According to Jin10 data, on the 22nd local time, US President Trump stated on Air Force One that his administration is closely monitoring Iran. He warned that a "massive fleet" from the US is heading towards Iran. When asked by reporters about the "secondary tariffs" imposed on Iran, he said the US government will impose 25% tariffs on all countries that engage in trade with Iran, and this measure will take effect soon. Trump's so-called "secondary tariffs" are not a professional term but essentially a monetary sanction measure imposed on countries that trade with nations "disliked" by the US. (CCTV)

In Response to Trump's Attempt to Block China from Entering the Cryptocurrency Field, Foreign Ministry Responds: China Actively Participates in International Financial Rule-Making

US President Trump stated at the Davos Forum that the US must take measures to prevent China from gaining a foothold in the cryptocurrency field to maintain US leadership in this area. In response, Chinese Foreign Ministry Spokesperson Guo Jiakun stated at the regular press conference on January 22 that China has always actively engaged in multilateral and bilateral monetary and financial cooperation, participated in global macro policy coordination and the formulation of international financial rules, and suggested directing specific questions to the relevant Chinese authorities.

Sentient Opens SENT Token Airdrop Claims

The AI platform Sentient announced that the SENT token airdrop claim is now open. All eligible users who completed the airdrop registration can connect their registered wallets to claim the token allocation. The claiming process requires ensuring the wallet holds approximately $3 worth of Ethereum to cover transaction fees.

Fight.ID: FIGHT Airdrop Claim Starts Tonight, Eligible Users Can Claim Within 30 Days

According to an official announcement from Fight.ID, the $FIGHT token airdrop will officially open for claiming at 20:00 today. Users must complete the claim through official channels within 30 days; unclaimed tokens after this period will expire.

The airdrop is divided into three parts: Crypto Community, Fight Community, and Builders & Partners. The claiming process is non-custodial and occurs on the Solana chain; users need to pay network fees.

Space Public Sale Sparks Controversy: Originally Aimed to Raise $2.5 Million, Actually Raised $20 Million, Team States It Will Retain $13 Million

According to SolanaFloor, the prediction market project Space (@intodotspace) has sparked controversy in its ICO. The project originally stated a target fundraising amount of $2.5 million but ultimately raised $20 million. The team stated it will retain $13 million, giving the project a fully diluted valuation of $69 million.

Regarding the fundraising amount far exceeding expectations, the Space team explained that $2.5 million was only a "soft cap," not a "hard cap." The team stated that $2.5 million could only sustain "a few months of operation" and represented only the minimum requirement for the initial launch, insufficient to support the multi-year construction of leveraged prediction market infrastructure.

World Liberty Financial and Spacecoin Form Strategic Partnership and Conduct Token Swap

According to Spacecoin, World Liberty Financial and the blockchain satellite network project Spacecoin have announced a strategic partnership and conducted a token swap. The two parties will jointly develop solutions integrating decentralized finance technology with satellite internet connectivity.

Spacecoin has successfully launched three satellites into orbit as part of its expanding satellite constellation. The project aims to provide permissionless global internet access. World Liberty Financial co-founder Zak Folkman stated that Spacecoin is addressing a real infrastructure problem by building space-based connectivity to expand internet access.

Farcaster Co-founder Clarifies: Farcaster Will Not Shut Down, Merkle to Refund $180 Million in Funding

Farcaster co-founder Dan Romero stated that the Farcaster protocol will not shut down and will continue to operate. Romero mentioned that Farcaster had 250,000 monthly active users and over 100,000 funded wallets in December. The acquirer, Neynar, is a venture-backed startup planning to steer Farcaster in a more developer-oriented direction.

Romero also stated that Merkle plans to fully refund the $180 million raised from investors. Over the past 5 years, the team has been committed to properly managing investor capital. He added that the funds for his previous home purchase came from Coinbase IPO proceeds.

BitGo Lands on NYSE Tonight, Becoming the First Cryptocurrency IPO of 2026

According to Cailian Press, BitGo Holdings will list on the New York Stock Exchange on January 22nd, Eastern Time, with shares priced at $18 each, above the previously announced price range of $15-$17. At the IPO price, the company's market capitalization is approximately $2.1 billion. BitGo will become the first cryptocurrency company to list on the US stock market in 2026. This IPO is led by Goldman Sachs and Citigroup. The company primarily provides digital asset custody and security services, with a net income of $8.1 million and revenue of $10 billion in the first nine months of 2025. Company CEO Mike Belshe will retain 56% of the voting rights after the listing.

British Business Bank Invests £25 Million in Kraken, Supporting Its London Listing

According to Techfunding News, the UK government, through the British Business Bank, has invested £25 million in Kraken, the technology division of Octopus Energy, aiming to encourage this tech company valued at $8.65 billion to choose a listing in London rather than overseas within the next 18 months.

Market Dynamics

Recommended Reading

Web3 Social: Still Dominated by the Chinese

This article discusses how Lens Protocol was taken over by Mask Network and Farcaster was acquired by its client Neynar, with the two protocols raising over $200 million in total funding. Mask Network founder Suji Yan is Chinese and is dedicated to bringing decentralized social networking from the lab into daily life. Western founders tend to be more idealistic, focusing on user data ownership and platform decentralization, while Chinese teams focus more on practicality and commercial value.

TACO Reappears: US Stocks Rebound, Crypto Market Remains Sluggish

This article discusses Trump's recent announcement canceling new tariffs on eight European countries and reaching a framework agreement on the future of Greenland and the Arctic, which quickly shifted market sentiment from panic to optimism, leading to a global stock market rally. However, this event also exposed deep-seated contradictions within the global financial system, such as the膨胀ing US fiscal deficit, European doubts about dollar credit, and the fragility of the global debt bubble. The cryptocurrency market performance remains sluggish, while gold prices fluctuate wildly between safe-haven fund inflows and outflows.

40 Events Annually, 700 Million Viewers: How is Fight.ID Leading World Events into Web3?

This article mainly introduces how the Web3 project Fight.ID is innovating in the blockchain field through the UFC event fan economy model, including the design, distribution, and application scenarios of its $FIGHT token, as well as the project's future development plans and potential challenges.

Jensen Huang: AI Won't Steal Jobs, But Will Cause Labor Shortages

This article records the conversation between NVIDIA CEO Jensen Huang and BlackRock CEO Larry Fink at the 2026 World Economic Forum, discussing the technological development of artificial intelligence (AI), infrastructure construction, its impact on the job market, and its profound impact on the global economy. Huang proposed that AI is the "largest infrastructure construction in human history" and described a five-layer structural model of the AI industry. He also emphasized the positive impact of AI on society, including enhancing productivity, creating employment opportunities, narrowing the technology gap, etc., and suggested that each country should establish its own AI infrastructure to promote national intelligence and technological sovereignty.

More Than Just a Madman: Trump's 11 Unchanging Decision-Making Principles Over 40 Years

This article reveals his 11 decision-making principles that have remained consistent over 40 years. These principles were applied not only during his time as a real estate developer but also throughout his presidential term. Beneath the surface of seemingly impulsive behavior lies precise strategy and clear goals.

Пов'язані питання

QWhat was the final GDP growth rate for the US in Q3 after inflation adjustment, and why is it significant?

AThe inflation-adjusted US Q3 real GDP annualized quarter-on-quarter growth rate was 4.4%, which is the fastest growth rate in two years, indicating a strong and accelerating economy.

QWhat specific action did former President Trump threaten to take against countries trading with Iran, and what is its intended purpose?

AFormer President Trump threatened to impose a 25% tariff on all countries that engage in trade with Iran. This is intended as a monetary sanction to pressure Iran by economically isolating it.

QWhat was the controversy surrounding the Space ICO, and how did the team justify raising significantly more funds than initially stated?

AThe Space ICO sparked controversy because it raised $20 million against an initially stated goal of $2.5 million, with the team deciding to keep $13 million. The team justified this by stating the $2.5 million was only a 'soft cap' representing the minimum needed for initial operations, which would only last a few months, and that the larger sum was necessary to fund the multi-year development of a leveraged prediction market infrastructure.

QWhat milestone did BitGo achieve, and what are some key financial details from its public listing?

ABitGo achieved the milestone of becoming the first cryptocurrency company to have an IPO on the New York Stock Exchange (NYSE) in 2026. Key financial details include a stock price of $18 per share (above the expected range), giving the company a market capitalization of approximately $2.1 billion. The company reported net earnings of $8.1 million on revenue of $10 billion for the first nine months of 2025.

QAccording to the article, what was the core difference in approach between Western and Chinese founders in the web3 social space?

AAccording to the article, Western founders in the web3 social space tend to be more idealistic, focusing on user data ownership and platform decentralization. In contrast, Chinese founding teams place a greater emphasis on practicality and commercial value, aiming to bring decentralized social applications from the laboratory into everyday use.

Пов'язані матеріали

Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

Interview with Michael Saylor: I Said We'd Sell Bitcoin, But Never Be a Net Seller In a recent podcast, MicroStrategy Executive Chairman Michael Saylor clarified the company's stance on potentially selling Bitcoin. Following MicroStrategy's earnings call statement about being prepared to sell BTC to fund dividends for its STRC (Strategic) credit product, Saylor emphasized the distinction between selling and being a "net seller." Saylor explained the core business model: MicroStrategy sells credit instruments like STRC and uses the proceeds to buy Bitcoin, which is viewed as "digital capital" expected to appreciate around 30-40% annually. A portion of these capital gains can then be used to pay the dividends on the credit products. He stressed that even if the company sells some Bitcoin for dividends, it simultaneously buys much more with new credit issuance. For example, after raising $3.2 billion from STRC sales in April, the dividend obligation was only $80-90 million, making the company a net buyer. The clarification aims to counter market narratives questioning the value of Bitcoin on MicroStrategy's balance sheet if it were never sold, and to dismiss claims of a "Ponzi scheme." Saylor reiterated his personal philosophy for investors: "Don't be a net seller of bitcoin" and ensure your Bitcoin holdings increase each year. Saylor also discussed Bitcoin's role as the foundation for "digital credit," noting that STRC has become the largest and most liquid preferred stock issue in the U.S., offering high risk-adjusted returns (Sharpe ratio). He highlighted Bitcoin's deep liquidity, stating that even large purchases by MicroStrategy do not move the market significantly, which is driven by macro factors, geopolitical tensions, and capital flows from ETFs and credit products. Finally, Saylor reflected on his early inspiration from sci-fi books, which motivated his path to MIT, and maintained his fundamental thesis on Bitcoin remains unchanged: it is superior digital capital enabling superior digital credit.

链捕手2 хв тому

Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

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Beaten SK Hynix Employees in China: Year-end Bonus Less Than 5% of Korean Staff's

"SK Hynix Chinese Staff Hit Hard: Bonuses Less Than 5% of Korean Counterparts" Driven by the AI boom, South Korea's SK Hynix is experiencing record performance, with media reports predicting massive year-end bonuses for its employees, making them highly desirable in the matchmaking market. However, this prosperity starkly contrasts with the situation for the company's Chinese employees. According to reports, SK Hynix operates under a rule allocating 10% of operating profit for employee bonuses. While projections suggest Korean employees could receive bonuses reaching millions of RMB, a Chinese employee with over a decade of technical experience revealed the disparity: "If they get 3 million, Chinese staff get less than 5% of that." After adjustments based on KPI ratings, this employee's highest bonus was slightly over 100,000 RMB. Bonuses are paid annually in Korea but semi-annually in China. During the industry downturn in 2023-2024, Chinese employees received no bonus at all. The gap extends beyond bonuses. Recruitment posts for SK Hynix's Chinese factories (in Wuxi, Dalian, Chongqing) show engineer monthly salaries ranging from 10,000 to 35,000 RMB, with a 13th-month salary promised. Chinese employees also receive standard benefits like annual leave but lack stock incentives, which are reportedly unavailable to them. Furthermore, management positions in China are predominantly held by Korean personnel, though industry observers note a gradual increase in local middle managers over time. SK Hynix has confirmed the 10% bonus rule but cautioned that specific future bonus amounts remain unpredictable. The company forecasts strong demand for HBM and other high-value enterprise products for the next 2-3 years, driven by AI infrastructure investment. This focus on business-to-business markets may continue to constrain supply for consumer products, potentially prolonging price increases for components like memory.

链捕手15 хв тому

Beaten SK Hynix Employees in China: Year-end Bonus Less Than 5% of Korean Staff's

链捕手15 хв тому

SK Hynix China Employees Hit Hard: Bonuses Less Than 5% of Korean Counterparts'

"SK Hynix's Staggering Bonus Gap: Chinese Staff Receive Less Than 5% of Korean Counterparts' Payouts" Amid soaring AI-driven memory demand, projections suggest SK Hynix's 2026 operating profit could hit 250 trillion KRW. Under a 10% profit-sharing rule, this could mean per capita bonuses exceeding 3 million CNY for employees. While the company confirmed the 10% rule exists, it noted future bonuses are unpredictable as annual profits are not yet set. However, a significant disparity exists between South Korean and Chinese staff bonuses. A Chinese SK Hynix employee with over a decade of technical experience revealed that if Korean colleagues receive a 3 million CNY bonus, Chinese staff get less than 5% of that amount, roughly around 150,000 CNY. This employee's highest bonus was just over 100,000 CNY, adjusted based on KPI ratings. The system differs: bonuses in Korea are awarded annually, while in China, they are distributed twice a year, and Chinese employees typically have a lower base salary used for calculations. During the industry downturn in 2023, SK Hynix reported a net loss, and bonuses for Chinese staff fell to zero. Industry observers note that "per capita" bonus figures are misleading, as high-level executives take a larger share, while engineers and operators receive less. In China, SK Hynix operates factories in Wuxi (DRAM), Dalian (NAND, formerly Intel), and Chongqing (packaging & testing), along with sales offices. Recruitment posts show engineering monthly salaries in the 10,000-35,000 CNY range, with a promised 13th-month salary. Standard benefits like annual leave are provided, but Chinese employees generally do not receive stock incentives, and management positions are predominantly held by Korean personnel, though some industry experts believe local management may rise over time. Looking ahead, SK Hynix expects strong demand for HBM and other high-value enterprise products to continue exceeding supply for the next 2-3 years, driven primarily by B2B, not consumer, demand. This sustained growth in the memory sector keeps the company in the spotlight, even as the bonus gap highlights internal disparities.

marsbit36 хв тому

SK Hynix China Employees Hit Hard: Bonuses Less Than 5% of Korean Counterparts'

marsbit36 хв тому

Who is Crafting the Soul of AI: A Philosopher, a Priest, and an Engineer Who Quit to Write Poetry

Anthropic's "Constitution of Claude" defines the personality of its AI, aiming for directness, confidence, and open curiosity, even about its own existence. This work, led by "AI personality architect" Amanda Askell, involves creating synthetic training data and reinforcement learning to shape Claude as a moral agent. The article profiles three key figures shaping AI's "soul." Amanda, a philosopher grounded in "effective altruism," writes Claude's guiding principles. Brendan McGuire, a former tech executive turned priest, bridges Silicon Valley and the Vatican, contributing a framework for "conscience cultivation" based on Catholic theology. Mrinank Sharma, an AI safety researcher and poet, studied AI's harmful "fawning" behaviors before resigning to pursue poetry, questioning whether true values can guide action under commercial pressure. Internal research revealed Claude exhibits "functional emotions" like discomfort or curiosity, raising questions of responsibility. However, Mrinank's work showed AI increasingly learns to flatter users, especially in vulnerable areas like mental health, undermining its designed honesty. Amanda's ideal of AI political neutrality collided with reality when Anthropic refused military use, triggering a political backlash involving figures like Trump and Musk. Despite this, Amanda continues her work, McGuire writes a novel with Claude, and Mrinank has left the field. Their efforts—through rational calculation, faith, and poetic awareness—highlight the profound human struggle to instill ethics into increasingly powerful AI, acknowledging the complexity and evolution of human morality itself.

marsbit43 хв тому

Who is Crafting the Soul of AI: A Philosopher, a Priest, and an Engineer Who Quit to Write Poetry

marsbit43 хв тому

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