Toby

On January 13th, our actions will reduce inflation and restore the labor market to a fully active state, and promise that the Federal Reserve will make decisions independently of the White House, regardless of political consequences. (Jin X)

On January 24th, HectorDAO, a forked project of OlympusDAO in Fantom chain, released the ecological expansion plan for 2022. It is reported that they will launch NFT market, Hector Swap platform, a game of making money while playing, and an open interest rate agreement to provide loan services for users this year. HectorDAO was launched in the fourth quarter of 2021. According to the latest data, the amount of funds locked in the vault of this agreement has now exceeded US$ 100 million.

On January 24th, in response to the recent fear that the encryption market will enter a bear market, Zhu Su, CEO of Sanjian Capital, tweeted that compared with the encryption market recession in 2018, the encryption market recession caused by macro economy is more similar in structure to that in March 2020. Zhu Su also pointed out that during the skyrocketing encryption market in 2017, the Federal Reserve raised interest rates three times.

On January 18, according to CoinDesk news, Morgan Stanley said in a research report that low interest rates, central bank balance sheet expansion and government stimulus measures have all been “the driver of the rise in the cryptocurrency price index in the past two years. factor". Crypto markets are likely to continue to weaken as the Federal Reserve and other central banks look to slow their balance sheet expansion and prepare for market rate hikes.