ChainCatcher News, according to Jinshi reports, Chris Turner of ING Bank stated in a report that if the upcoming US economic data shows weak performance, the US dollar may face downward pressure. The preliminary University of Michigan February Consumer Sentiment Index will be released at 23:00 Beijing time tonight. Turner said that if the data unexpectedly declines, it could be mildly bearish for the dollar, as it would once again remind the market that consumer confidence to some extent depends on stock market performance.

Silver experienced a sharp decline in the early hours of Thursday, with spot prices plunging over 17% at one point before rebounding to around $80 per ounce. The daily decline still amounted to approximately 9%. This rapid retreat not only erased the gains from the previous two days but also continued the high volatility following last Friday's 36% plunge. Just a few days ago, silver surged to a historic high above $121 per ounce, but now it has undergone a swift reversal, indicating a clear shift in market sentiment. Meanwhile, gold was also not spared, falling back to around $4,934 per ounce and dropping below the $5,000 mark again. The US dollar index rose to a two-week high, which is considered a significant factor suppressing precious metals. ING commodities strategist Ewa Manthey pointed out that the inverse relationship between the dollar and precious metals has re-emerged, making gold and silver particularly sensitive to exchange rate fluctuations. In the short term, prices are likely to continue fluctuating with the dollar.

On February 3rd, it was announced that Germany's major retail bank ING Germany has officially opened channels for cryptocurrency-linked exchange-traded notes (ETNs) and related products to retail clients, allowing individual investors to directly participate in the price performance of Bitcoin, Ethereum, and Solana through the banking system. This move is seen as a significant signal that Europe's traditional financial system is accelerating its embrace of digital assets. According to official disclosures, these products are issued by providers such as 21Shares, Bitwise, and VanEck. They are all physically-backed instruments that track the prices of the respective cryptocurrencies and are traded on regulated markets through ING's Direct Depot platform. Customers do not need to manage private keys or set up third-party wallets; they can complete configuration and trading within familiar securities accounts.

ChainCatcher News, according to Jinshi reports, ING Group analyst Chris Turner pointed out that the sell-off of the US dollar could intensify. If the US dollar index effectively breaks below last year's low near 96.2, the dollar could decline by another 3%. He emphasized that it is crucial to watch the dollar's performance ahead of the Federal Reserve meeting. If the Fed shifts to a pause in rate cuts, it could provide some support for the dollar. Meanwhile, earnings reports from Meta, Microsoft, and Tesla are also in focus, and any results below expectations could become another bearish factor for the dollar.

Ewa Manthey of ING Bank pointed out that the silver price breaking through $110 is influenced by safe-haven funds, strong industrial demand, and a weakening dollar. Investors' increased demand for hard assets, coupled with retail buying and tight supply, has supported a positive outlook for the silver market.

Odaily Planet Daily News Japan CPI data will be released before Friday's interest rate decision, and it is expected to show a significant decline in December's inflation rate. An analyst at ING Bank said that if inflation shows signs of easing, it could prompt the Bank of Japan to reconsider its future rate hike plans. "Strong wage growth and government aid measures will keep core inflation above 2%. Once the Bank of Japan confirms that core inflation will remain above 2% and higher than overall inflation, it is very likely to take the next step sometime in the second half of 2026."(Jin10)

Odaily Planet Daily reports that, according to GMGN data, BSC Meme coin "I'm Coming" has rebounded with a market capitalization surpassing $15 million, currently at $17.5 million. Odaily reminds users that Meme coin prices are highly volatile; investors should be cautious of risks.

Over the weekend, various Chinese Meme coin prices experienced slight declines, with "I Damn Came" dropping over 46%, currently trading at $0.0283; "Life K Line" falling 15% to $0.02; "Laozi" rising 10% to $0.013. BlockBeats reminds investors to be cautious, as Meme coins are highly volatile and largely dependent on market sentiment.

BlockBeats News, January 10 — According to GMGN market data, the Chinese meme token "I’m Coming" briefly surpassed a market capitalization of $52 million, setting a new all-time high. It has now fallen back to $39.29 million, with a 24-hour increase of 301%. BlockBeats Note: Meme coins are highly volatile and largely rely on market sentiment and hype around concepts, with no intrinsic value or practical use. Investors should be aware of the risks.