钛媒体App 1月28日消息，据报道，每周都有超过一吨黄金运入加密货币巨头泰达（Tether）的金库， 它是目前已知的全球最大非银行、非国家黄金仓库。在过去一年里，Tether悄然成为全球黄金市场最大 参与者之一。泰达首席执行官Paolo Ardoino将该公司在黄金市场中的角色与央行相提并论，并预测华盛 顿的地缘政治对手将会推出由黄金支持的美元替代品。他还透露，该公司计划继续将巨额利润投入黄金 市场，同时开始与银行在黄金交易领域展开竞争。他说："这么说吧，我们基本上很快就会成为世界上 最大的黄金央行之一。"（广角观察） ...

Core Viewpoint - Tether Holdings SA has emerged as a significant player in the global gold market, accumulating substantial gold reserves and positioning itself as a competitor to traditional banks in gold trading, driven by distrust in government debt and the rising gold prices [1][2][3]. Group 1: Tether's Gold Accumulation - Tether has rapidly increased its gold purchases, acquiring over 70 tons of gold last year, surpassing nearly all central banks except Poland [2]. - The company currently holds approximately 140 tons of gold, valued at around $23 billion, making it one of the largest known gold reserves outside of central banks and ETFs [3]. - Tether plans to continue purchasing gold at a rate of about 1 to 2 tons per week, with intentions to evaluate its gold demand quarterly [3][10]. Group 2: Market Impact and Strategy - Tether's significant gold purchases have been noted to potentially influence global gold prices, contributing to a 65% increase in gold prices last year [5][6]. - The company aims to establish a competitive trading platform for gold, seeking to rival major market players like JPMorgan and HSBC [7][10]. - Tether is exploring efficient processes for gold purchasing and is also investing in royalty companies that specialize in gold mining revenue streams [11]. Group 3: Future Prospects and Innovations - Tether is promoting a gold-backed token, Tether Gold (XAUT), which has already issued tokens equivalent to about 16 tons of gold, with expectations of significant market growth [13]. - The company anticipates that foreign governments may soon introduce tokenized versions of gold as a competitor to the dollar, reflecting a broader trend of using gold as a hedge against currency devaluation [14].

（来源：吴说） 1.Tether 宣布推出 USA₮ 美元稳定币 4.韩国央行行长李昌镛：或考虑允许国内机构发行虚拟资产 韩国央行行长李昌镛在香港出席亚洲金融论坛时表示，鉴于市场压力，当局已允许韩国居民投资海外发 行的虚拟资产；同时，金融监管部门正考虑设立新的注册制度，以容许韩国国内机构发行虚拟资产。李 昌镛称，韩元计价稳定币预计主要用于跨境交易，代币化存款则更可能用于国内支付，但强调稳定币仍 存在较大争议。他担忧韩元稳定币可能被用于规避资金流动管理措施，尤其在与美元稳定币结合使用时 风险更高，若汇率波动引发市场预期，资金可能快速涌入美元稳定币并导致大量资金转移，且非银行机 构参与发行将加大监管难度。 5.江西萍乡经开区某企业服务器遭黑客入侵，被非法控制用于虚拟货币"挖矿" Ray Dalio 文章指出，美国当前处于大周期后期，财政债务、政治社会及国际秩序同时承压；债务不可 持续，可能通过印钱或通胀弱化货币信用；政治两极化严重、规则共识瓦解、贫富差距及冲突叠加；后 期政府可能实施资本管控、冻结储备、限制跨境交易，使资金成政治工具；传统债券吸引力下降，黄金 等自由转移资产受追捧，投资注重抗冻结及封锁风险。 3. ...

据彭博社报道，在 2022 年多起平台爆雷后，加密市场主打"安全收益"的 Vault（链上收益池） 规模已回 升至 60 亿美元，Bitwise 预计到 2026 年底或将翻倍，主要受稳定币收益需求推动。Vault 通过非托管智 能合约将资金投向借贷、做市等策略，强调透明与不占用平台资产负债表，但业内警告，竞争压力可能 促使部分管理方放松风控、引入杠杆，重现风险。 （来源：吴说） ...

1月27日，当前全球避险资产正处于极度分化的格局中。周一，比特币在8.8万美元关口附近表现出明显 的滞涨，而黄金与白银则在经历了一轮"史诗级"飙升后开始显露疲态。FXGT认为，虽然比特币已从周 末因政府停摆忧虑引发的8.77万美元低点略微反弹，但整体动能依然匮乏。与此形成鲜明对比的是，贵 金属市场在过去24小时内增加的市值规模堪称惊人，甚至有分析指出其单日市值增长量已足以覆盖整个 比特币的市场份额，这种资金流向的偏差反映出市场对数字资产流动性的暂时疑虑。 在宏观金融环境方面，美元指数（DXY）正处于自去年9月以来的疲软区间。近期市场数据显示，受美 日联合干预汇市以提振日元的传闻影响，美元兑日元一度跌至154.07水平，跌幅超过1%。尽管美元走 弱通常利好避险资产，但比特币并未如期爆发。FXGT认为，这种价格背离主要源于投资者的避险偏好 向实物贵金属倾斜，金价一度冲破5，100美元，银价最高触及118美元。然而，随着金银价格分别回落 至5，043美元和108美元附近，这种由短期恐慌驱动的涨势似乎已接近阶段性顶部。 针对加密市场的内部结构，FXGT表示，资本流出的迹象依然显著。上周现货比特币ETF的累计净流出 额 ...

Core Viewpoint - Binance Wallet is set to hold its 5th Pre-TGE Prime Sale on January 29, 2026, featuring the project Zama (ZAMA) [1] Group 1 - The Pre-TGE Prime Sale will occur from 08:00 to 10:00 (UTC) [1] - The event is open to eligible users holding Binance Alpha Points [1] - Specific rules and access details for the Pre-TGE will be announced later [1]

1月27日，在加密货币市场步入2026年深水区之际，资产价格的剧烈震荡正演变为一种可量化的投资机 遇。Polymarket最新推出的比特币与以太坊波动率预测合约，标志着加密衍生品市场正从单纯的价格博 弈向更高维度的"波动率博弈"转型。随着比特币（BTC）报价维持在87900美元附近，而以太坊 （ETH）守住2900美元关口，投资者对市场不确定性的定价需求日益增长。Moneta Markets外汇观察 到，这种不看方向、只看震幅的交易模式，正在打破传统机构对波动率产品的垄断。 责任编辑：陈平 1月27日，在加密货币市场步入2026年深水区之际，资产价格的剧烈震荡正演变为一种可量化的投资机 遇。Polymarket最新推出的比特币与以太坊波动率预测合约，标志着加密衍生品市场正从单纯的价格博 弈向更高维度的"波动率博弈"转型。随着比特币（BTC）报价维持在87900美元附近，而以太坊 （ETH）守住2900美元关口，投资者对市场不确定性的定价需求日益增长。Moneta Markets外汇观察 到，这种不看方向、只看震幅的交易模式，正在打破传统机构对波动率产品的垄断。 目前加密市场的运行数据揭示了投资者对未来风险的审 ...

Core Viewpoint - Gold prices have remained above $5000 per ounce for the second consecutive day, driven by geopolitical risks and investor behavior, while the value of cryptocurrencies is increasingly questioned in the current market environment [3][4]. Group 1: Gold Market Insights - Gold prices have seen a significant increase, rising over 100% in the past two years, with a 17% increase year-to-date, attributed to "devaluation trades" as investors sell sovereign currencies and bonds [5][6]. - The current gold bull market is supported by two main factors: rising geopolitical tensions and concerns over high government debt levels globally, suggesting that gold may continue to perform well in the long term [6]. - Short-term volatility in gold prices is expected due to recent rapid price increases and strong demand from central banks and individual investors, indicating a potential for price corrections [7]. Group 2: Cryptocurrency Market Challenges - Bitcoin, once seen as a momentum trading tool, has stagnated around $87,000, experiencing a 25% decline since October and a 6% drop in the past week, leading long-term holders to shift towards stocks and precious metals [9]. - Over $1.3 billion has been withdrawn from Bitcoin-related funds recently, reflecting a broader trend of capital outflows from cryptocurrency ETFs as investors seek safer assets amid geopolitical risks and a weakening dollar [9]. - The cryptocurrency market is facing significant challenges, with competition from innovations like artificial intelligence and being excluded from inflation trades, raising doubts about Bitcoin's status as a macro hedge tool compared to gold [10].

Core Insights - Bybit, Mantle, and Byreal announced the expansion of Mantle's native asset MNT to the Solana network through the Mantle Super Portal, aiming to integrate Ethereum L2, Solana DeFi, and centralized exchange liquidity to explore new use cases for CeDeFi [1] Group 1 - Bybit has enabled MNT (Solana) deposits and withdrawals, facilitating liquidity mining for the MNT–USDC pair on the Solana-based DEX Byreal [1] - Bybit Alpha serves as an entry point for both CeFi and Solana DeFi, supporting MNT trading and liquidity operations [1]

Group 1 - The core point of the article highlights that cryptocurrency investment products experienced a significant outflow of $1.73 billion in the week ending January 26, marking the largest weekly outflow since mid-November 2025 [1] - Bitcoin led the outflow with $1.09 billion, the largest outflow since mid-November 2025, while Ethereum also saw substantial withdrawals [1] - CoinShares reported that short Bitcoin investment products had a minor inflow of $500,000, indicating persistent negative market sentiment since the price collapse on October 10, 2025 [1] Group 2 - The outflow was primarily concentrated in the United States, with nearly $1.8 billion withdrawn, while other regions showed mixed sentiments, with Sweden and the Netherlands experiencing minor outflows of $11.1 million and $4.4 million respectively [1] - In contrast, Switzerland, Germany, and Canada recorded inflows of $32.5 million, $19.1 million, and $33.5 million respectively, as some investors took advantage of recent price weakness to increase their long positions [2] - Ethereum saw an outflow of $630 million, while XRP experienced a withdrawal of $18.2 million, indicating widespread negative sentiment among major tokens [2]