In the past hour, total liquidations across the network reached $40.96 million, with $34.71 million from long positions, with $6.24 million from short positions. BTC liquidation $14.54 million, ETH liquidation $13.50 million.

Alphabet, Google's parent company, has surpassed Apple to become the world's second-largest company by market capitalization, reflecting its emergence as one of the most significant winners in the field of artificial intelligence. Alphabet's stock rose 2.4% on Wednesday, closing at a valuation of $3.89 trillion. This propelled it past Apple, whose market capitalization closed at $3.85 trillion on Wednesday; Apple's stock had previously experienced a six-day plunge, wiping out nearly 5% of its market value, or approximately $200 billion. This divergence widened further on Thursday, with Apple opening down 1.2% while Alphabet rose 1.1%. This marks the first time Alphabet's market capitalization has exceeded Apple's since 2019. Nvidia remains the largest stock by market capitalization, valued at approximately $4.6 trillion. Alphabet's stock has recently surged, projecting a gain of over 65% by 2025, making it the best-performing company among the "Big Seven" US stocks. This strong performance largely reflects a growing market consensus that Alphabet possesses a significant advantage in several key areas of artificial intelligence. The company's latest GeminiAI model has received widespread acclaim, helping to alleviate market concerns about competition from companies like OpenAI; meanwhile, its Tensor Processing Unit (TPU) chip is also seen as a potentially significant driver of future revenue growth. (Jinshi)

Odaily Planet Daily reports that U.S. Treasury Secretary Bessant has urged the Federal Reserve to continue cutting interest rates, further pressuring U.S. monetary policymakers. Bessant stated that lower interest rates are "the only missing element for stronger economic growth, and that's why the Fed shouldn't delay." In his speech, Bessant also indicated that 2026 will see the "rewards" of Trump's "America First" agenda. According to CNBC, the Treasury official stated that Trump's tax cuts, trade agreements, and deregulation agenda last year "laid the foundation for strong economic growth." Bessant has been leading the government's candidate selection process to succeed Powell as chairman after his term expires in May. The Treasury official has repeatedly echoed Trump's calls for lower interest rates. (Jinshi)

According to Deribit, on January 8th, approximately $2.22 billion worth of Bitcoin and Ethereum options will expire this Friday. Bitcoin options have a notional value of $1.84 billion, a put/call ratio of 1.05, and a maximum pain point price of $90,000. Bitcoin open interest is correlated with the spot price range; there are significant put option positions below $85,000, while call option positions are gradually increasing between $90,000 and $100,000, creating a "wick risk" around the $90,000 maximum pain point price. Ethereum options have a notional value of $384 million, a put/call ratio of 0.89, and a maximum pain point price of $3,100. Ethereum call option positions are concentrated above $3,000. If the spot price remains above the maximum pain point price, the position distribution after option expiration may make market makers more sensitive to the continuation of upward price movements.

Huoxun Finance reported on January 8th that SOL Strategies, a listed company, disclosed in its December 2025 business update that as of December 31, 2025, its treasury currently holds 523,134 SOL (including staked SOL), a decrease of 3,503 SOL from 526,637 at the end of November. The company's own validator nodes earned approximately 925 SOL in December.