The Federal Reserve plans to purchase $220 billion of treasury bond bonds to deal with liquidity risk

[Grayscale Submits Bittensor ETF Application to the US SEC] On January 2, Grayscale Investments (Grayscale) submitted an initial registration statement to the U.S. Securities and Exchange Commission, proposing the launch of the Bittensor ETF, trading under the stock symbol GTAO, to provide investors with access to Bittensor's native token TAO.

**[Forbes Outlook on Crypto Trends in 2026: AI Integration and Institutional Advancement]** Forbes has released its outlook for the crypto sector in 2026, predicting three major trends: the continued integration of cryptocurrency and artificial intelligence in trading, the deepening of institutional adoption, and the cooling of the market without hindering industry progress. The report highlights that artificial intelligence and crypto assets will remain interconnected in areas such as trading sentiment, responses to interest rate and inflation news, and the ability to absorb geopolitical shocks. Despite market volatility and regulatory disputes, institutional adoption of digital assets will steadily advance, with asset tokenization and on-chain settlement viewed as tools to enhance efficiency. The market cooling period is expected to create space for the maturation of infrastructure, governance models, and use cases. Progress in stablecoin adoption and enterprise-grade blockchain applications will continue to move forward.

[Hyperliquid Founder Announces Genesis Token Allocation Fully Directed to Early Users] Hyperliquid founder Jeff stated on the X platform that Hyperliquid has always adhered to integrity as its core value. As a financial hub, it must maintain credible neutrality; therefore, no private investors or market makers have been introduced, and no company is required to pay protocol fees. He emphasized that the genesis token allocation of Hyperliquid follows the spirit of Bitcoin, with all tokens allocated to early users, and core contributors not participating in the allocation. The entire allocation process can be verified on-chain without any obfuscation.

[Offshore RMB rises to 6.9678 against USD, hitting a new high since May this year] The offshore RMB exchange rate against the USD broke through 6.97, reaching a peak of 6.9678, marking a new high since May 2023.

The minutes of the December FOMC meeting of the Federal Reserve showed that the Federal Reserve focused on short-term financing risks and planned to purchase $220 billion of treasury bond bonds to prevent liquidity tension, even if interest rates remained stable. （CoinDesk）