On January 27, news broke that a senior Thai electricity official was involved in a scandal over illegal cryptocurrency mining, drawing significant attention from local regulators. The Thai Department of Special Investigation (DSI) revealed that four senior officials from the Provincial Electricity Authority (PEA) are suspected of abusing their authority to operate an illegal Bitcoin mining ring. Police confiscated thousands of mining devices and cash deposits worth approximately $612,900 at the residence of an assistant director.
According to the Bangkok Post, the DSI conducted raids on three residences, seizing mining equipment, cash, laptops, mobile phones, and bank passbooks. Major General Ruttapong Nuwarat of the Thai police stated that this operation is part of the "Copperhead Snake Operation," which was launched in December 2025 to combat criminal networks involved in money laundering and illegal assets. On January 19, DSI officials seized a total of 3,642 cryptocurrency mining devices and uncovered evidence related to financiers and government officials.

Gate News bot message, according to the Gate platform announcement on September 15, 2025
Gate will close SnakeLite ( SNAKE) pre-OTC trading services on September 15, 2025, at 20:00 ( UTC+8.
The decision stems from the fact that the SnakeLite project team has ceased project operations. All users involved in OTC trading will have their pending orders or completed amounts and fees refunded to their spot accounts.

According to Nanning Railway Operations Segment, on May 17, an eel carried by a passenger on train D195 fell from its bag due to improper sealing while the train was operating between Yiwu and Jinhua. The passenger quickly retrieved the eel, resealed the bag, and placed it in the connecting

Gate Research Institute releases "Bing Wu Horse Year Cryptocurrency Feng Shui and Fortune Guide," analyzing market trends and rhythms, and pointing out that the vigorous energy of the Horse Year may accelerate market pace and increase volatility. The report reviews market changes in the Snake Year and offers investment strategies for different risk preferences to help investors make judgments and manage risks in a high-volatility environment.

On February 13, the Golden Ten Data reported that due to factors such as the continuous "coming out" of domestic AI large models and the gradual improvement of market sentiment, since the opening of the Year of the Snake, A-shares have ushered in a strong start. With the market fluctuating upwards, there is a certain divergence among some investors on the sustainability and further upward potential of this round of market. The latest strategic analysis from several top private sale institutions shows that the optimistic view and the structural Long market opportunities are becoming the general consensus among private sale institutions. Although there are different views on the short-term upward potential of the market, these top private sale institutions all express relatively optimistic expectations for the mid-term performance of the A-share market.

The Hong Kong stock market closed on the first trading day of the Year of the Snake, with the Hang Seng Index falling 0.04% and the GEM Index rising 0.29% at noon. The AI concept stock Kingsoft Cloud (03896.HK) rose against the market and closed with a big pump of 31%, while SMIC (00981.HK) rose 10%.

Jesse Pollak, the head of the Base protocol, released a Chinese New Year greeting in Chinese: "On this reunion festival, Base wishes everyone a happy Chinese New Year and a happy family! May we join hands and bring more people onto the chain in the Year of the Snake!"

Jinshi data January 29 news, according to the online platform data, as of 13:50 on January 29, 2025 New Year's Day, the box office reached 1.375 billion, exceeding the final box office of last New Year's Day.

Hong Kong brokerage firm CLSA predicts the market performance of the coming year based on the lunar cycle. The company believes that with the arrival of traditional assets and cryptocurrency in the lunar months, the market will inevitably undergo some unpredictable changes. Just like a snake testing its limits, the young volatility will bring a brief downturn in early spring. By mid-year, the fiery energy of the brown tree snake heralds the potential pump, pushing the market to heights never seen before. According to astrological signs, there will be stagnation in the summer, minor setbacks in the fall, but the year will end with a new momentum and steady rise, highlighting the resilience and adaptability of cryptocurrency in turbulent markets. Of course, CLSA also advises seeking professional advice before investing, rather than leaving it to chance, as its market predictions based on celestial phenomena are not considered research reports. (Coindesk)

Hong Kong brokerage firm CLSA uses the lunar cycle prediction market to indicate that there will inevitably be unpredictable changes in the market with the arrival of traditional assets and cryptocurrencies in lunar months. However, cryptocurrencies have shown resilience and adaptability in turbulent markets, and investors are reminded to seek professional advice before investing.