President Trump confirmed on Jan 29 (US time) that he will announce the next Federal Reserve Chair on the morning of Jan 30. This appointment extends beyond US monetary policy—it directly impacts global asset allocation frameworks, particularly for Asia-Pacific markets sensitive to Fed policy trajectories. With Chair Powell’s term ending in May, he’ll still preside over the March and April FOMC meetings, but market attention has already shifted forward—investors are now positioning for the "post-Powell era" policy landscape. Trump described his pick as "a highly respected figure, well-known throughout financial circles," hinting the choice "won’t be surprising" and comes from the existing shortlist. This statement triggered immediate market repricing, with assets adjusting to shifting prob

SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao $Coinbase Global, Inc.(COIN)$ $VanEck Bitcoin Strategy ETF(XBTF)$ $ProShares Short Bitcoin Strategy ETF(BITI)$ $ProShares Bitcoin Strategy ETF(BITO)$ Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.After news, Bitcoin fell by more than $1,500 in the short term, falling below the $26,000 mark, a drop of more than 5%. Binance Coin also refreshed its daily low.