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According to the official account of TiTi X, TiTi Technology has released the economic model for the TiTi token. As a platform ecosystem token, TiTi uses a deflationary model with a maximum supply of 1 billion tokens. The number of tokens air-dropped to community contributors is 7.5%, 10% are allocated to the foundation, 20% are distributed to investment institutions, 10% are allocated for liquidity, and 15% are given to the core team (locked for five years). The remaining 37.5% is distributed for ecological applications.  TiTi has designed a transaction tax ranging from zero up to one percent; all transaction taxes will be distributed among users holding TTUIDs. After its launch, the initial tax rate on transactions involving TiTi tokens will be zero and remain unchanged for one year. Reportedly, TiTi is a Web3 short video creator economy platform dedicated to providing global content creators with new financing solutions as well as branding and commercialization through their own token system. It allows creators based on their reputation and influence to issue exclusive creator tokens at one click converting personal brand value into liquid assets thus achieving rapid financing and listing of individual IPs.

The latest analysis from QCP Capital indicates that Bitcoin rebounded to $95,200 last night after successfully testing the key support level of $92,500. However, with news emerging that the U.S. government plans to sell seized Silk Road Bitcoins, the outlook for Bitcoin turned bearish in this morning's Asian trading session. Cryptocurrency prices continue to be affected by macroeconomic headwinds. The minutes from last night's Federal Reserve meeting showed a more hawkish stance. The Fed stated that due to rising inflation risks, it will slow down its pace of interest rate cuts. Yesterday's ADP employment survey also added to macro uncertainty, showing a slowdown in private sector hiring and wage growth. This contrasts sharply with Tuesday's JOLTS job openings data which depicted a robust job market. In terms of options markets, all term curves are steepening; 3-6 month spreads widened by 1.5 volatility points while 6-12 month spreads rose above one volatility point. Trading desks continue to observe near-term volatility under pressure; at-the-money options expiring on January 17 fell three volatility points compared to last night. QCP expects Bitcoin will consolidate within the range of $92,000-$95,000 during today’s US market holiday period. If it falls below $92,000 it may further explore down towards the round number level of $90,000.