News

According to Odaily, UK clearing bank ClearBank has announced a partnership with crypto custodian Taurus to support stablecoin services. ClearBank will use Taurus-PROTECT as its wallet infrastructure provider, enabling it to offer digital asset services—including USDC and EURC compliant with MiCAR standards—in a secure, scalable, and compliant manner. This move is also reportedly part of ClearBank’s plan to join the stablecoin issuer Circle’s payment network. (CoinDesk)

BlockBeats News, January 13th, according to Hyperinsight monitoring, the hot whale reallocation trends today from 10:00 to 20:00 are as follows: Bullish Camp: Whale "Strategy Opponent" closed SOL long position, earning $700,000. Whale "Flash Reversal" restarted long position on BTC with 20x leverage, 310.29 BTC. Whale with "100% Win Rate in ETH Opponent" increased BTC long position by about $14.8 million, with a total position of $26.3 million. Bearish Camp: A whale shorted BTC, ETH, and SOL with 20x leverage, with a total position of $140 million. Whale "20 Million Swing Trader" reduced BTC and PUMP short positions, and opened long position on ZEC.

BlockBeats News, January 13, under the backdrop of the Trump administration launching a judicial investigation into Federal Reserve Chairman Powell, the independence of the Federal Reserve is facing a severe challenge. However, despite the traditional consensus that central bank independence is the cornerstone of developed economies, the American business community has shown an unusually calm response. According to disclosures, the U.S. Department of Justice has issued a criminal investigation subpoena to Powell regarding the renovation costs of the Federal Reserve headquarters. Powell responded with rare firmness, stating that the investigation does not revolve around testimony or the project itself, but is due to the Federal Reserve not accommodating the president's preferences in interest rate policy, calling it "a threat to the central bank's independent decision-making." Although this incident once caused brief market fluctuations, large enterprises, industry organizations, and CEOs have remained almost collectively silent in public. Jeffrey Sonnenfeld, founder of the Yale CEO Leadership Institute, pointed out that private investigations show 71% of CEOs believe the Trump administration is eroding the Fed's independence, and 80% believe pressuring for rate cuts is not in the overall interest of the United States, but they generally fear political retaliation if they speak out publicly. Analysis suggests that the silence of the business community stems both from real concerns about being "named and retaliated against," as well as a reliance on and speculative mentality toward a low interest rate environment. Some corporate executives choose to influence policy through private communication, while others are betting that Trump will ultimately "back down at the last minute (TACO)" on radical actions. Some scholars point out that the market's vigilance against political intervention in the central bank is declining, and some in the business community and on Wall Street even agree with Trump's intuitive judgments. This attitude may indicate that U.S. monetary policy is entering a new, more politically colored stage.