According to a report released by HSBC, Coinbase's recent withdrawal of its support for the US Crypto Markets Structure Act (CLARITY Act) will not derail the legislative process. The report notes that while Coinbase CEO Brian Armstrong prefers "no bill is better than a bad one," he is likely to accept a reasonable compromise. HSBC analysts Daragh Maher and Nishu Singla believe that establishing a legislative baseline is crucial for the stability needed for institutional entry into the market.

Odaily Planet Daily reports that SEC Chairman Paul Atkins announced on the X platform that he will be traveling to the CFTC at 2 PM on January 29th to discuss regulatory harmonization in the crypto era with CFTC Chairman Michael Selig. Atkins stated that he looks forward to cooperation between the two agencies in this endeavor. According to previous reports, the event, themed "Harmony in the Crypto Era and U.S. Financial Leadership," aims to discuss eliminating jurisdictional barriers between agencies and establishing a more unified regulatory framework for digital assets to support the U.S.'s goal of becoming a global crypto hub.

According to Huoxun Finance on January 28th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $279 million, including $61.1161 million in long positions and $218 million in short positions. The total liquidation amount for BTC was $83.2249 million, and the total liquidation amount for ETH was $75.0594 million.

According to The Block, Solana's daily number of validator nodes has fallen below 800, the lowest level since 2021, a significant drop compared to the peak of approximately 2,500 validator nodes in early 2023. This means that the number of validator nodes has decreased by more than 65% in less than three years. Validator nodes are independent nodes running the Solana software used to verify transactions and generate blocks. The decline in the number of validator nodes directly impacts voting transactions, with the number of transactions submitted by validator nodes to confirm blocks decreasing from approximately 300,000 per day to 170,000. Despite the reduction in the number of validator nodes, non-voting transactions remain relatively stable at approximately 100 million per day.

According to Lookonchain monitoring, as gold prices continue to hit record highs, whales are still buying gold. Whale 0x6Afa spent $5.95 million to purchase 1,137 PAXG tokens in the past two days. A newly created wallet, 0x0E4F, withdrew 800 XAUT tokens (worth $4.22 million) from the Bybit platform 13 hours ago.