GM20240125

1) Market trend:

Markets are volatile. sec has postponed BlackRock’s eth spot ETF approval, and the results will be available by the end of May at the latest.

U.S. stocks are volatile and earnings season is good.

2) Market hot spots:

1. Manta and pendle for pledge mining have soared. Manta mining income is 60-90%, and pendle mining income is 20%.

2. RWA’s mkr, ondo, and fxs increased. U.S. bond yields have rebounded, and the market has tended to be defensive. RWA generally performs better when the market falls, and FXS is going out of L2. Defi's velo rebounded and was listed on coinbase.

3. Mobile and wif in the sol ecosystem have soared, and mobile is about to enter the Mexican market. Xiaohei, the founder of btmex, is optimistic about the meme currency wif.

4. The game ace is on the rise, and the new pixel style game ace arena will be launched soon.

5. bn’s ieo project altlayer will be listed on the exchange at 18:00 today, with re-pledge and modular narrative. The market expects a full market value of US$2 billion, with 10% starting to circulate. bn's continuous ieo may come to an end.