1. According to Reuters, after a fire in Arcadia, California, Angelenos united to provide food, clothing, and emotional support for wildfire victims.

2. China has expressed its readiness to strengthen relations with the United States, while its trade surplus has reached a record annual high of nearly $1 trillion. The State Council has suggested issuing consumption vouchers to stimulate spending!

3. President Obama has recently expressed concerns about Bitcoin $BTC, as the government cannot control it.

4. The FDIC has issued suspension letters to more than 20 banks, forcing them to abandon cryptocurrency clients.

5. According to the January University of Michigan sentiment update, the percentage of consumers expecting unemployment to rise next year has significantly increased (Image 1).

6. Events to watch this week.

Tuesday's PPI inflation, Wednesday's consumer price index CPI inflation data, Thursday's U.S. December retail sales data, and Friday's U.S. December industrial production data.

7. Strong employment data has suppressed rate cut bets, and the U.S. dollar has reached a two-year high of 110, while the yield on 10-year U.S. Treasury bonds has risen to 4.8%.

Some viewpoints suggest that as U.S. economic data remains strong while the economic data from other parts of the world is sluggish, it is not surprising that the U.S. dollar has risen again.

8. Goldman Sachs continues to increase its holdings in Chinese stocks, and HSBC is equally optimistic. They stated last week that given the favorable policy rhetoric and better economic growth prospects in mainland China, they are optimistic about Chinese stocks listed in Hong Kong.

9. Hong Hao stated: Young people should not worry about losses; they have more time and opportunities to make mistakes. No one is born an investor, and without experiencing losses, one will never learn the right attitude toward losses. Losses themselves are not scary; what is truly frightening is not learning anything from the losses and continuing to make the same mistakes next time.

10.43% of investors believe the likelihood of a stock market crash in the next 6 months is less than 10%

11. The U.S. economy is performing well currently, but Germany, France, the UK, Canada, and China have already fallen into recession. One concern is that 41% of the S&P 500's earnings come from overseas; if foreign countries fall into a more severe recession, the profits of S&P 500 companies will be significantly impacted.

12. It is reported that Sam Altman's Worldcoin $WLD has been blocked in Spain due to requiring users to submit iris data, primarily due to privacy issues. Germany is also leading an investigation into this matter. It seems that the ideal of Worldcoin's decentralized dystopian solution is not working well!

13. MicroStrategy $MSTR has purchased 2,530 bitcoins at a price of $95,972 each, holding a total of 450,000 bitcoins.

14. The global ETF has had a mild start to the new year, with total inflows of $669 million (about 6 tons) so far this year, led by Western capital.

15. Let's talk about Ethereum. The price of $ETH has been criticized by the market, but in fact, its performance in 2024 has already outperformed most traditional assets. Perhaps we need more time to wait for @VitalikButerin to harden up again! (Image 2)

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