The price of INR has fluctuated, rising 7.54% in 24 hours and now reporting at $17.11

[New York Gold Futures Break Through $4,600/oz for the First Time] On January 12, New York gold futures broke through the $4,600/oz mark for the first time, rising 1.8% intraday. Spot gold is now quoted at $4,590/oz, setting a new record high.

[Whale Liquidates 26,000 ETH for $269 Million Profit] On-chain data shows that a whale who held 101,000 ETH for five years transferred their remaining 26,000 ETH (valued at approximately $80.88 million) to the Bitstamp exchange for liquidation 4 hours ago. The whale purchased ETH at an average price of $660 and sold at an average price of $3,313, achieving a total profit of $269 million with a 4x return.

[Monero Price Breaks $567 to Hit All-Time High] Monero's price surged above $567 on Sunday, setting a new all-time high. Merkle Tree Capital Chief Investment Officer Ryan McMillin pointed out that privacy coins are primarily traded on offshore exchanges, where concentrated liquidity may lead to fragmented price discovery and amplify volatility. Investors should be cautious of short-term price manipulation risks.

[India Strengthens KYC Requirements for Cryptocurrency User Registration] On January 12, the Financial Intelligence Unit (FIU) of India issued new regulations requiring regulated cryptocurrency trading platforms to verify user identities through real-time selfies and geolocation. The selfies must track eye and head movements to prevent AI deepfake technology from bypassing verification. Additionally, trading platforms must collect geolocation, IP addresses, and timestamps during account creation. Users are required to submit government-issued photo identification and verify their email and phone numbers to register an account.

[Federal Reserve Chairman Powell Under Criminal Investigation Over Headquarters Renovation Project] On January 12, U.S. federal prosecutors launched a criminal investigation into Federal Reserve Chairman Jerome Powell, focusing on the renovation project of the Federal Reserve's headquarters in Washington. According to The New York Times, this incident marks an escalation in the long-standing conflict between President Trump and Powell. Trump had previously criticized Powell for refusing to significantly cut interest rates and had repeatedly threatened to fire him. Recently, Trump stated that he has decided on Powell's replacement and is expected to announce it soon. Powell's term as Federal Reserve Chairman will end in May, but his term as a Federal Reserve Board member will continue until January 2028. It has not yet been disclosed whether he plans to remain in his position.