According to GMGN data, the Base Chain ecosystem token OTTO saw a daily increase of over 730%, pushing its market capitalization above $11 million, currently standing at approximately $11.19 million. Odaily reminds users that token prices are highly volatile, and investors should be aware of the risks.

According to Fox News reporter Chad Pergram, the White House is negotiating a compromise with Senate Democrats and Republicans regarding the Department of Homeland Security (DHS) budget bill. However, even if the Senate separates the DHS budget from six spending bills and approves the other five, it could still lead to a 78% government shutdown this Saturday. Differences exist between the Senate and House versions; the House needs to revise the bill and handle the DHS budget separately, but the House is not in session this week and cannot act quickly. Furthermore, the controversy surrounding ICE (Immigration and Customs Enforcement) has exacerbated the partisan divide. Senate Democrats have criticized ICE's enforcement methods and called for reforms to alleviate public concerns about chaotic enforcement.

Huoxun Finance reported on January 29th that, according to CoinDesk, London-based crypto custody company Copper is in early discussions evaluating a potential initial public offering (IPO). Sources indicate that Goldman Sachs, Citi, and Deutsche Bank may participate in the listing plans. Copper's final decision will depend on recent revenue performance, and a spokesperson stated that the company currently has no plans for an IPO but did not deny that discussions are underway. If the listing is successful, Copper will become the second crypto infrastructure company to enter the public market after its competitor BitGo. BitGo listed on the New York Stock Exchange last week at $18 per share, with an initial market capitalization of approximately $2 billion. Previously, it was reported that Copper's founder launched BronLabs, focusing on digital asset security, raising $15 million in early funding. BitGo's stock rose approximately 20% on its first day of trading on the NYSE, reaching a peak valuation of $2.6 billion during the day.

Odaily Planet Daily reports: US President Trump: Will adopt a bipartisan approach to avoid a shutdown. (Jinshi)

According to Huoxun Finance on January 29th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $575 million, including $487 million in long positions and $88.1529 million in short positions. The total liquidation amount for BTC was $206 million, and the total liquidation amount for ETH was $87.7688 million.

According to Huoxun Finance on January 29, US cryptocurrency stocks generally declined: BMNR fell 8.4%; MSTR fell 7.6%; CRCL fell 7.33%; SBET fell 5.12%; COIN fell 5.2%; MARA fell 4.77%; and HOOD fell 2%.

According to Huoxun Finance on January 29, OKX market data shows that BTC has just fallen below $85,000 and is currently trading at $84,915.80 per coin, down 5.10% on the day.

According to Huoxun Finance, on January 29, spot gold continued its downward trend, nearly breaking below the $5,100/ounce mark, with a daily drop of 5.5%; spot silver once fell below $107/ounce, with a daily drop of 8.81%.

According to Huoxun Finance on January 29, OKX market data shows that ETH has just fallen below $2,800 and is currently trading at $2,799.90 per coin, down 6.91% on the day.

Huoxun Finance reported on January 29th that, according to AiYi, ETH briefly fell to $2805. 15 minutes prior, Trend Research withdrew 36.39 million USDT from Binance and deposited them in batches into the DeFi lending protocol Aave as margin. Trend Research currently holds 661,272.65 ETH, with an average cost of approximately $3104.36, resulting in a paper loss of approximately $179 million.

According to Lookonchain, on January 29th, Huang Licheng (Machi, @machibigbrother) suffered another $2 million loss in a single day as the market plummeted. Despite continuously injecting funds into the HyperLiquid platform, the losses continue to widen.

According to WhaleAlert, 107 million USDT (approximately US$106.9 million) were transferred from Binance to Abraxas on January 29.

According to Lookonchain monitoring, due to the market downturn, a whale (0x46e3) had its long position of 2,700 GOLD tokens liquidated, amounting to $13.83 million.

According to Lookonchain monitoring, a whale (bc1qea...tfhx) panic-sold 200 BTC, worth $16.91 million, during a market downturn. This whale had previously purchased 300 BTC on September 15th and November 12th, 2025, at an average price of $111,459, worth $33.44 million. Its total losses have now exceeded $8 million.

According to CoinGlass data, as reported by Odaily Planet Daily, 212,177 people worldwide were liquidated in the past 24 hours, with a total liquidation amount of $798 million. Of this, $690 million was liquidated from long positions and $108 million from short positions. The total liquidation amount in one hour was $314 million, in four hours it was $497 million, and in 12 hours it was $547 million. The largest single liquidation occurred on the Hyperliquid BTC-USD trading pair, valued at $31.6446 million.

According to CCTV News, Odaily Planet Daily reports that Iran issued a VHF radio notification to passing ships on January 29th, announcing that it will conduct military exercises in the Strait of Hormuz from February 1st to 2nd, including live-fire drills. It is understood that this exercise may affect shipping activities through the Strait of Hormuz. Currently, Iranian officials have not publicly stated the specific scale and arrangements of the exercises. (Cailian Press)

According to Huoxun Finance on January 29, OKX market data shows that BTC has just fallen below $87,000 and is currently trading at $86,984.10 per coin, down 2.79% on the day.

According to Huoxun Finance on January 29, data from Coinglass shows that the total liquidation amount in the cryptocurrency market reached $131 million in the past hour, of which $119 million were long positions and $12.6585 million were short positions.

Huoxun Finance News, January 29th - According to CCTV News, Iranian First Vice President Aref stated on January 29th local time that the current government has maintained a state of combat readiness since taking office. Iran emphasized that it will not initiate war, but if attacked, it will defend itself with a firm stance, stating that "the outcome of the war will not be decided by the enemy." This statement from Iran demonstrates its defensive attitude in the regional situation.

According to Huoxun Finance, on January 29, spot gold continued its short-term decline, falling below $5,300 per ounce, erasing its intraday gains, and is currently down 2.46%.