News

BlockBeats News, January 16th, at the BitMine Shareholders Meeting, Chairman Tom Lee detailed the $200 million investment in the renowned YouTuber MrBeast's (Mr. Beast) Beast Industries: MrBeast is the world's most-watched creator, with highly aligned values with BitMine both at the corporate and personal levels;BitMine becomes the largest corporate and strategic investor in the company;This investment is seen as part of a long-term grand vision related to Ethereum, DeFi, and tokenization.

Foresight News reported that glassnode stated Bitcoin has risen nearly 10% year-to-date, entering a consolidation phase after breaking through $95,000. Options data shows that since the beginning of the year, options trading volume has been steadily recovering, with traders preferring to establish multi-cycle long-term positions rather than short-term speculation.In terms of position distribution, a large expiration on December 26 last year once pushed the put/call options open interest ratio from 0.5 to 0.78. With the recent addition of bullish positions, this ratio has dropped by about 10% to around 0.71, indicating that market sentiment has shifted back towards bullishness. Meanwhile, implied volatility across various expiration dates is declining, reflecting a reduced demand for crash protection or aggressive upside hedging, with the one-week IV having fallen back to recent lows.In addition, regarding skew indicators, short-term skew is close to balanced, but long-term skew is trending higher, showing that the market is seeking upside convexity rather than simply hedging. Glassnode concluded that options data is sending cautiously optimistic signals; although traders are showing confidence at high levels, they are still reluctant to sell put options easily, reflecting a continued defensive stance against downside risks.

BlockBeats News, January 16th, according to CNBC, White House National Economic Council Director Hassett played down a federal criminal investigation into Federal Reserve Chair Jerome Powell on Friday, saying he expects "no issues." Hassett said in an interview that the Fed's inquiry was just a simple request for information, which would be provided quickly, with the investigation to follow. He also expressed hope for more transparency on cost overruns in the renovation of the Fed headquarters, which is also a focus of the Justice Department investigation.