Inflation this year may far exceed expectations, altering the outlook for Federal Reserve rate cuts
Inflation may be rising again, and the Federal Reserve is likely not only to refrain from cutting interest rates this year, but even to avoid any cuts at all; if U.S. Treasury yields continue to surge, financial markets will start to face real pressure.
This directly impacts two key pillars of the crypto market: liquidity and risk appetite.
A high-interest-rate environment will continue to attract capital toward risk-free or low-risk assets like U.S. Treasuries; a 4.3% yield on the 10-year U.S. Treasury note is a key psychological threshold, and once breached, it signals that the fixed-income market is repricing for prolonged tightening, which could drain macro liquidity that might otherwise flow into Bitcoin and altcoins.
The only three paths that can transcend cycles are:
First, achieve extreme professionalism and develop irreplaceable core capabilities. Even if you're not understood, no one can replicate you.
Second, achieve extreme cost-effectiveness, always ranking first in the same price or quality range, allowing the market to automatically choose you.
Third, you must go global. The domestic market is a red ocean, but the global market is an expanding opportunity; only by going abroad can you find space. Staying at home means being eliminated by internal competition.
What matters in the future is not sentiment, but professionalism, efficiency, and a global perspective.
People's Daily has intensively published articles on 'Zhong Caiping,' signaling key directions for China's economy in the next phase: fighting overwork culture, stabilizing confidence, adjusting structure, boosting consumption, and strengthening investment.
The state has clearly instructed localities to develop according to their own conditions, bidding farewell to blind pursuit of trends; under external pressures, China's economic resilience has been proven.
Going forward, fiscal and monetary policies will be more proactive, with measures such as lowering reserve requirements and interest rates, special treasury bonds, and the 'two major, two new' initiatives fully implemented, directing funds toward national strategic regions and people's livelihood sectors.
Ordinary people's opportunities lie in following national directions and participating in the new round of industrial and consumption upgrades.
Currently, the situation in Iran appears to be a strategic window for the United States, but the real center of competition is not in the Middle East.
The U.S. hesitates to intervene not because of fear of Iran's military strength, but due to concerns over potential chaos in the Middle East, imbalance of costs, and backlash from allies.
Rather than competing for the old dollar order anchored in oil, the U.S. places greater emphasis on controlling key minerals vital for future industrial and AI revolutions.
Greenland, with its rare minerals, energy resources, and geopolitical advantages, is the true strategic high ground for the next phase.
Summary of Major News from Yesterday and Early This Morning
Domestic News: 1. The central bank introduced eight measures to strengthen support from structural monetary policy tools, including reducing interest rates of various structural monetary policy tools by 0.25 percentage points and lowering the minimum down payment ratio for commercial property loans to 30%. 2. China's premier held talks with Canadian Prime Minister Trudeau. 3. China's foreign minister held a phone conversation with Iran's Foreign Minister Araghchi. 4. State Grid Corporation's projected fixed asset investment during the '15th Five-Year Plan' period is expected to reach 4 trillion yuan. 5. The Philippines announced visa-free entry for Chinese travelers, with a maximum stay of 14 days. 6. Apple Pay + Visa now supports cross-border payments for Chinese cardholders.
Yesterday, I unexpectedly saw a friend showing off on their social media circle that they had secured a digital collectible from ICBC, and I couldn't help but laugh!
I remember back in October 2024, when it was first launched, I had already imagined how things might evolve—now it's getting closer to reality!
Plus, with the virtual branch office set to launch in Xiongan, Hebei, by the end of 2025, I couldn't help but laugh again! That inner excitement is simply impossible to hide!
Playing five-in-a-row and playing Go—China truly showcases the essence of Go in the most exquisite way!
Trump announces a 10% cap on credit card interest rates for one year, effective January 20, aimed at reducing the current high interest burden (up to 35.99%)
The move addresses public concerns about debt costs, but requires congressional legislation, with details unclear. Data shows credit card interest in 2024 exceeded $160 billion, a 50% increase, with total debt reaching $1.23 trillion
Despite warnings from opponents that the policy could backfire, surveys show majority public support for the cap.
I was even earlier and more down-to-earth than them, barely making ends meet—do you still know anyone else?
This group photo was taken about ten years ago (around 2015-2016), featuring early Chinese Bitcoin enthusiasts or crypto community members at a face-to-face gathering or event. The background is a modern minimalist indoor space (resembling a conference room or hotel lobby). Everyone is dressed very casually and朴素 (T-shirts, shorts, slippers, tank tops, jeans, sports shoes), with many wearing glasses. The overall look is the quintessential style of middle-class programmers or early crypto geeks—definitely not resembling wealthy individuals. But as you might know, many of these people became major figures a decade later.
What does this move more subtly indicate? You other little brothers better hurry up and take action—your big brother has already stockpiled.
If BTC is used as strategic reserves, how high it needs to rise to repay U.S. debt depends on the base volume.
It can both create digital gold and establish a digital dollar system, seizing the initiative to attract global capital and gain control over the financial system.
monetary sovereignty, capital order, and global competition
Vitalik's proposal for 'a better decentralized stablecoin' is essentially not a technical issue, but a profound reflection on monetary sovereignty, capital order, and global competition . Stablecoins appear to be price-anchoring tools on the surface, but in reality, they are a reflection—or even an extension—of the existing US dollar system. When the industry becomes overly dependent on US dollar-backed stablecoins, the crypto world inevitably gets drawn into the financial and political orbit of the United States. From a global perspective, the U.S. promoting, allowing, or suppressing stablecoins has never been purely about risk management—it's an extension tool to incorporate crypto assets into its financial hegemony system;