Whale 0x8709 isn't just buying spot gold — he's also long silver and gold, while shorting $NVDA.He spent 5.6M $USDC to buy 1,066 $XAUT at $5,261, then deposited 3.5M $USDC into Hyperliquid to open 53,528 $SILVER($6.48M) and 158.36 $GOLD($876K) longs, while shorting 4,229 $NVDA($809K).Address:0x8709ac3CeaAe2a7A70c1D8e39DF9804def7cAC54 ...

Cryptocurrency Market Overview - Bitcoin is holding near $88,000 as markets enter the first trading session of 2026, with holiday-thinned volumes keeping movements measured [1] - Bitcoin is gradually regaining strength, with a positive 30-day change in long-term holder supply, increasing by approximately 10,700 BTC, indicating renewed investor conviction [2] - Continued exchange outflows suggest reduced selling pressure, which may help Bitcoin build momentum towards the $100,000 mark if it clears the $89,500 resistance level [3] Equity Market Insights - Equity futures are advancing, with S&P 500 futures rising by 0.29% and Nasdaq futures adding 0.36%, reflecting a carryover of year-end strength in technology shares [4] - The optimism in equity markets is linked to the AI trade that drove much of 2025's gains, with investors now focused on whether earnings can validate high valuations amid policy uncertainty [5] Economic and Political Context - Attention is shifting to the US economy and the Federal Reserve, with markets recalibrating expectations for rate cuts, currently pricing in only a 15% chance of a cut this month [6] - Political developments, including President Trump's expected announcement regarding Chair Jerome Powell's replacement, are seen as potential sources of market volatility [7] Cryptocurrency Market Data - Current cryptocurrency prices include Bitcoin at $88,574 (up 1.2%), Ether at $3,009 (up 1.2%), and XRP at $1.87 (up 2%), with the total crypto market cap at $3.08 trillion (up 1.2%) [8]

Market Overview - Risk assets experienced significant volatility, with equities initially rising despite a U.S. government shutdown, only to decline sharply after President Trump's announcement of 100% tariff hikes on Chinese imports, resulting in the worst weekly loss for major indices since late May, with the Dow Jones dropping as much as 2.7% [1] - The dollar strengthened broadly due to safe-haven demand and a lack of U.S. data, which typically suppresses volatility [2] - Precious metals, particularly gold, saw a notable increase, surpassing $4,000 per ounce after previously clearing $3,000 earlier in the year [2] Currency Movements - The Japanese yen initially weakened as USD/JPY surged over 2% to 150.47, influenced by Japan's ruling LDP selecting a leader aligned with Abenomics-style policies, but later strengthened as equities declined [3][4] - The euro faced pressure against the dollar and pound amid political instability in France, with the US Dollar Index rising to 98.11 [4] Currency Pairs in Focus - GBP/AUD broke a long-term downtrend, rising sharply against the AUD and surpassing resistance at 2.05250, indicating potential for further bullish movement [5][7] - The Singapore dollar reached its highest point against the yen year-to-date, with a pullback observed towards former resistance at 116.280, which could present a buying opportunity if it holds as support [8][10] Upcoming Events - The upcoming earnings season is anticipated to provide market orientation, with major banks set to report Q3 results, while the ongoing government shutdown may delay macroeconomic updates [11][12] - Market participants will closely monitor trade war developments and central bank updates, with several speeches scheduled throughout the week [12]