📢Pal News Hotspot Report——2.14

1) The WLFI large investment in cryptocurrency supported by Trump involves multiple on-chain transactions, spending 1.41 million USDC to purchase 2,527,257 MOVE, spending 5 million USDC to purchase 52 WBTC, exchanging 2,221 ETH (5.93 million USD) for stETH and depositing it into Lido for staking, sending 5 million USDC to Aave V3 for lending.

Pal Note: Trump's Favorites: #MOVE, #LDO, #AAVE.

2) There is a growing call worldwide for an audit of the Federal Reserve, with renewed demands for auditing the Federal Reserve, Musk stated it's a Great idea. The Fed has long maintained high independence to avoid political interference in monetary policy; an audit may affect market confidence in the dollar, which would benefit gold and cryptocurrency.

Pal Note: Short-term meaningless news, if truly audited, pay attention to favorable volatility.

3) The Ethereum Foundation injects capital into multiple DeFi platforms to promote ecological development. Involves #SPARK, #AAVE, #COMPOUND.

4) The SEC accepts Grayscale's XRP ETF application, intending to convert the Grayscale XRP Trust ($XRP Trust) into an exchange-traded fund (ETF), showing an open attitude towards crypto ETFs.

The SEC is expected to publish the application in the Federal Register within a few days, at which point the 240-day approval window will officially open. Additionally, ETF applications for XRP from institutions such as Bitwise, 21Shares, Canary Funds, and WisdomTree are still awaiting SEC review.

Pal Note: Mainstream #XRP priority.

5) Grayscale applies to list Dogecoin Trust According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), NYSE Arca has submitted a revised rule change application to the SEC to list and trade Grayscale Dogecoin Trust (GDOG) stocks, which still require SEC approval and a public comment solicitation process.

Pal Note: #DOGE hotspot attention.

6) OpenSea confirms an upcoming token airdrop, Token: #SEA.

Pal Note: Check your account quickly.

7) Fed rate cuts unlikely in the short term, Bitcoin under pressure Grayscale's research director Zach Pandl stated in an interview, "A Fed rate cut is temporarily impossible." He pointed out that this is unfavorable for risk assets like Bitcoin in the short term, as the market is further digesting the Fed's delayed rate cut expectations.

Pal Note: Still my view, the current market rally still needs interest rate hike expectations, which are currently absent.