GuShiio.com’s daily selection of encryption news- Bybit CEO refuses to launch PI

1.Bybit CEO refuses to launch PI
Bybit CEO BEN for whether online PI said: stay away, in the past to do foreign exchange every day was pulled by the banner, now do not want to do the currency circle. Bitget Mandarin has also completely deleted the information of PI currency that was launched earlier. At present, OKX is still announcing that it will launch PI.
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two。 The monthly rate of core CPI after January adjustment in the United States is 0.4% and is expected to be 0.30%.
In the United States, the monthly rate of core CPI after January adjustment is 0.4%, the expected monthly rate is 0.30%, and the previous value is 0.20%. After the January quarter adjustment, the monthly rate of CPI is 0.5%, the expected monthly rate is 0.30%, and the previous value is 0.40%. Core CPI without quarterly adjustment in January has an annual rate of 3.3%. It is expected to be 3.10%, with a previous value of 3.20%. The quarterly CPI rate in January was 3%, the biggest increase since June 2024, and is expected to be 2.90%, compared with the previous value of 2.90%.
3. Powell: the Fed is in no hurry to cut interest rates
Federal Reserve Chairman Colin Powell says the Fed is in no hurry to cut interest rates despite Trump’s pressure to lower borrowing costs in the United States. & ldquo; as our policy position is much looser than before and the economy is still strong, we do not need to rush to adjust our policy position. & rdquo; Powell says inflation has eased sharply, but ldquo; is still high & rdquo;. At a hearing of the Senate Banking Committee on Tuesday, Federal Reserve Chairman Colin Powell said that the Fed had begun to adjust its regulatory policy on the issue of ldquo; de-banking and rdquo; in the encryption industry, and reiterated that the Fed supported a stable currency regulatory framework and would not introduce digital dollars.
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4.Glassnode: the biggest fall in counterfeit coins in history
The market value of counterfeit coins has fallen by $234 billion in the past two weeks, with an even greater absolute decline in a few days, according to Glassnode research. It can be reasonably regarded as an event in the bear market in the field of counterfeit coins. This is one of the largest devaluations of counterfeit coins in history and highlights the apparent disconnect between Bitcoin and the typical rotation of capital to counterfeit coins in previous market cycles. Many assets are difficult to achieve widespread adoption or the combination of products and the market, making the market environment more severe.
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5. Trump plans to appoint Brian Quintenz, director of A16z encryption policy, as chairman of CFTC
According to Fox business journalist Eleanor Terrett, citing three people familiar with the matter, Trump has selected Brian Quintenz, the policy director of the A16z encryption department and a former CFTC commissioner, as chairman of the Commodity Futures Trading Commission (CFTC).
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6.Greekslive: Bitcoin falling below $92000 could trigger a massive sell-off
According to Greekslive, the market is short-term bearish, with traders closing their positions long and worried about weak prices. The key support position is an important line of defense in the range of 95Kpjc92-94K, which falls below or triggers a large sell-off. Declining trading volume and low volatility (45-48%) affect option trading. At present, 900 BTC buying support exists before 98K & ldquo; price vacuum & rdquo; may cause rapid fluctuations. The option adjustment shows that the price of the bullish option fell from 100K to 97K before the announcement of the CPI. Perpetual contracts dominate the sell-off, but short sellers cover at the close of US trading, or prepare for a reversal after CPI data.
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