News

ChainCatcher News, according to Golden Ten Data, Kevin Warsh, the nominee for Federal Reserve Chair, will meet with a Republican senator this week. Previously, this senator had blocked the confirmation due to opposition to Trump's attacks on the Federal Reserve. Warsh's meeting aims to resolve differences and advance the nomination, reflecting the Trump administration's intention to intervene in the independence of the Federal Reserve. This event could impact the leadership transition at the Federal Reserve and the future direction of U.S. monetary policy.

According to Odaily, on March 10, data from SoSoValue shows that the cryptocurrency market sectors are generally rising, with the DeFi sector performing particularly well, up 4.55% in the past 24 hours. Among them, Hyperliquid (HYPE) rose 11.74%, Chainlink (LINK) increased by 4.20%, and Uniswap (UNI) went up by 5.79%. Meanwhile, Bitcoin (BTC) rose 3.84% in 24 hours, approaching $70,000; Ethereum (ETH) increased by 3.06%, breaking through $2,000. It is worth noting that MAG7.ssi rose 2.94%, DEFI.ssi increased by 5.86%, and MEME.ssi was up 1.52%. In other sectors, the CeFi sector rose 2.87% in 24 hours, with Mantle (MNT) up 3.29% within the sector; the Layer1 sector increased by 2.72%, with Zcash (ZEC) up 8.86%; the NFT sector rose 2.23%, with Pudgy Penguins (PENGU) up 7.19%; the Layer2 sector increased by 2.09%, with zkSync (ZK) up 6.16%; the Meme sector rose 1.63%, with PIPPIN (PIPPIN) up 12.38%; and the PayFi sector increased by 1.47%, with Dash (DASH) up 6.46%. Indices reflecting the historical performance of crypto sectors show that the ssiDeFi, ssiRWA, and ssiNFT indices rose by 5.90%, 5.13%, and 3.07%, respectively.

Gelonghui, March 10｜Goldman Sachs cross-asset strategists have adjusted their stock rating to tactically neutral for the next three months and are overweight on cash, stating that the risk of a Middle East conflict triggering an energy shock comparable to the 1970s is intensifying. "The energy shock may persist, putting pressure on risk appetite and related assets, and investors are increasingly concerned that the global growth/inflation situation could significantly deteriorate," said Christian Mueller-Glissmann, Head of Asset Allocation Research at Goldman Sachs, and other strategists in a report on March 9. "Our commodities team believes that if oil flows through the Strait of Hormuz remain sluggish throughout March, oil prices are likely to surpass the peaks of 2008 and 2022." Goldman Sachs economists estimate that if oil prices reach $100 per barrel, global headline inflation could rise by 0.7 percentage points, and global economic growth could slow by 0.4 percentage points. They continue to recommend increasing resilience in multi-asset portfolios.