U.S. President Trump said on Jan. 30 he will reveal his nominee for the next Federal Reserve chair next week, BlockBeats reports. The announcement is expected to be made public within the coming week.

Global risk assets fell on Jan. 29, with the Nasdaq 100 down 2%, the S&P 500 dropping more than 1%, and the Dow off 0.5%, BlockBeats reports. Crypto-linked equities also declined, including MSTR -6.88%, COIN -4.37%, HOOD -1.67%, SBET -5.12%, BMNR -7.83%, and CRCL -7.18%. Spot gold broke through three consecutive round-number thresholds within half an hour and was last quoted at $5,155/oz, more than $400 below the intraday high; spot silver plunged 8% intraday, having earlier risen above $121/oz before falling by more than $15 from the day's peak, and was last at $108.23/oz. Bitcoin slipped from the $88,000 level to around $84,500 after the U.S. stock market opened; Ethereum briefly fell below $2,800, while SOL dropped below $118 and BNB below $865, and broader indices also weakened, with Germany's DAX down 2% to 24,325.51 and Mexico's main index reversing gains to trade down 1%.

Trend Research, affiliated with Yi Lihua, withdrew 36.39 million USDT from Binance on Jan. 29, BlockBeats reports citing AI Yi. The funds were subsequently deposited in batches into Aave as collateral.

Crypto market liquidations reached $268 million in the past hour on Jan. 29, Coinglass data show. Long positions accounted for $265 million while shorts totaled $3.61 million. Over the past 24 hours, 187,634 traders were liquidated for a total of $617 million, with the largest single liquidation occurring on Hyperliquid's BTC-USD pair at $31.64 million.

Bitcoin fell below $87,000 on Jan. 29, down 3.19% in 24 hours, HTX market data show. Solana dropped under $120, declining 5.39% over the same period.

Robinhood invested in Talos as part of the institutional crypto trading infrastructure provider's Series B extension on Jan. 29, valuing the company at about $1.5 billion, BlockBeats reports. The extension raised an additional $45 million from investors including Sony Innovation Fund, IMC, QCP and Karatage, with existing backers such as a16z crypto, BNY and Fidelity also participating. Talos offers end-to-end crypto trading infrastructure to hundreds of institutional clients worldwide, with combined client assets under management of around $21 trillion.

An early Ethereum whale from 2016 transferred 5,000 ETH worth $14.7 million to Wintermute on Jan. 29, with an estimated acquisition cost of around $9.35 per ETH, AI 姨 reports. On-chain data show the address 0x660…7Bf35 sent the tokens about three hours ago, with tracing pointing to two main funding sources. Address 0xDA2…80100 withdrew 10,600 ETH from Gate about 10 years ago for $99,000, while address 0x132…38378 withdrew 18,049.96 ETH from Kraken about 9 years ago at a price near $86 per ETH.

Between 10:00 and 20:00 on Jan. 29, several active whales adjusted positions on Hyperliquid, HyperInsight data show. Trader "麻吉" closed a HYPE long for a profit of $961,000, while the largest HYPE long whale withdrew $7 million in margin, lifting its liquidation price to $25. On the short side, the "白银铁头空军" account increased short exposure to silver at an average entry of $116.76, while the "闪电反手" whale closed BTC and ETH shorts for a combined gain of $351,000. The "2000 万波段猎手" whale continued adding to gold and XMR short positions and remained the largest XMR short on the platform.