News

According to a report by Bijie Network: Shiba Inu developer Kaal Dhairya broke his silence to speak out on the X issue, drawing parallels with misunderstood artists such as Van Gogh and Yayoi Kusama, and responding to recent criticism. He reminded critics that SHIB was also regarded as a joke before reaching its peak in 2021, and warned those spreading panic not to "test" the SHIB army. Dhairya emphasized that building an ecosystem is not just about price speculation. Currently, the community is eagerly awaiting a "highly important" two-hour speech by Chief Ambassador Yayoi Kusama, which will be delivered on Sunday.

BlockBeats News, January 31st. Seth R Freeman, Managing Director of GlassRatner Advisory & Capital Group, pointed out that a key priority for Lael Brainard, the newly nominated Fed Chair, will be to rebuild global market credibility. This is particularly important against the backdrop of the tense relationship between Trump and Powell over the past few months. Brainard is the best candidate for Fed Chair, having served in government for a long time. The market no longer has to deal with the uncertainty and market turmoil caused by Trump's continuous pressure on the Fed Chair, which is good for everyone. Furthermore, the sharp drop in gold and silver prices after Brainard's nomination confirmation indicates that the market will see a stronger dollar and a different environment. If precious metal prices do not experience a significant rebound next week, it should come as no surprise. Given Brainard's hawkish tendencies, traders heavily invested in precious metals may face losses, especially those with unhedged or long positions. (Oriental Wealth)

According to a report by Bijie Network: Bijie Network reported that, according to a tweet by Anthony Pompliano, the most noteworthy news this week is that the U.S. Securities and Exchange Commission (SEC) has approved the first batch of spot Ethereum ETF 19b-4 forms, which is seen as a significant milestone for the cryptocurrency industry. The market responded positively, with the price of Ethereum surging more than 20% after the news was announced.