ETH falls below the $3200 mark

[A Whale Closes ZEC Long Position with $4.9 Million Loss and Opens New Position] On January 9, according to OnchainLens monitoring, affected by the collective resignation incident, ZEC's price dropped yesterday. A whale, driven by panic, closed their ZEC long position after holding it for 67 days, incurring a loss of approximately $4.9 million. Subsequently, the whale reopened a smaller ZEC long position with 10x leverage.

[Dragonfly Partner Haseeb Praises Zcash for Its 'Clean Origins' and Compares It to BitTorrent] Dragonfly Managing Partner Haseeb posted on the X platform, comparing Zcash to BitTorrent, stating that both adhere to a 'legitimate mission' and have not been involved in illegal activities, which has allowed them to survive in their respective fields. He pointed out that BitTorrent was not suppressed due to its decentralized philosophy, while the Zcash team has demonstrated the spirit of 'true believers' and 'cypherpunks,' enabling it to endure the turbulence of the crypto industry. Zcash ecosystem representative Josh Swihart reposted in support of this statement.

The WEEX exchange has launched the Silver (XAG) spot and perpetual contracts on January 7th. Silver is a digital derivative based on the spot silver (XAG) price, which anchors the global mainstream market's silver price source in real-time. In the past year, precious metals have experienced an epic market, with silver ranking first in global asset class returns with a growth rate of over 150%, and gold also achieving its largest annual increase in nearly half a century with a performance of 66%. WEEX now supports spot and contract trading of various precious metal tokens such as PAXG, XAUT, XAG, etc., to meet the investment needs of users in the cryptocurrency market. Source: https://www.weex.com/futures/XAG-USDT

Cathie Wood from Ark Invest stated that US President Trump will strive to push for a minimum ruling in 2026 and plans to purchase 1 million bitcoins for the US strategic reserve. She believes that Trump sees cryptocurrency as a path for future development. （Cointelegraph）

[Trump Confirms Decision on Federal Reserve Chair Nominee but Does Not Reveal Specific Name] U.S. President Trump stated in an exclusive interview with *The New York Times* that he has decided on the nominee for the next Federal Reserve Chair but did not disclose the specific individual. He said, 'I have made up my mind, but I haven’t talked to anyone about it yet.' When asked about Chief Economic Advisor Kevin Hassett, Trump responded, 'I don’t want to say,' but added that Hassett is 'definitely one of the people I like.' Prediction market data from Kalshi shows a 41% probability of Kevin Warsh being selected as Federal Reserve Chair, 39% for Kevin Hassett, and 12% for Christopher Waller.