News

BlockBeats News, January 13th, according to market data, the Chinese Meme coin "Laozi" briefly dropped below a $9 million market cap, now recovering to $9.5 million, price down 20% from the Alpha launch announcement, 24-hour decrease of 10%; The "Dark Horse" briefly surpassed a $10 million market cap, now at $8.9 million, price up 519% from the Alpha launch announcement, 24-hour increase of 313%. BlockBeats reminds users that Meme coin trading is highly volatile, largely driven by market sentiment and hype, with no real value or use case, investors should be aware of the risks.

According to Odaily, JPMorgan CEO Jamie Dimon stated that everyone we know believes in the independence of the Federal Reserve. Despite some potential risks, the US economy remains generally resilient. Dimon pointed out: "Although the labor market has slowed down, the overall situation does not seem to have deteriorated. At the same time, consumers continue to spend and businesses remain generally healthy." He indicated that this trend may continue for some time, especially with ongoing fiscal stimulus, favorable deregulation, and recent support from the Federal Reserve's monetary policy. However, Dimon remains somewhat cautious: "We remain highly vigilant, while the market seems to underestimate potential risks—including complex geopolitical situations, persistent inflation risks, and elevated asset prices." (Golden Ten Data)

PANews, January 13 – Meta Platforms (META.O) has begun cutting over 1,000 positions in its Reality Labs division. Meta will start notifying employees about the layoffs on Tuesday morning.