ChainCatcher news, White House AI and crypto chief David Sacks forwarded a tweet from Castle Island Ventures partner Nic Carter, who stated that Trump's signing of the U.S. Strategic Bitcoin Reserve executive order indicates:Trump is fulfilling his campaign promise;Bitcoin reserves are clearly different from altcoin reserves;Bitcoin has received official recognition from the U.S. government, while other cryptocurrencies have not yet received the same treatment;There is no need to spend taxpayer money to purchase Bitcoin, so there may not be strong opposition;Future purchases of cryptocurrencies like Bitcoin may be the responsibility of Congress, which is also reasonable.

ChainCatcher news, according to Coindesk, Castle Island Ventures partner Nic Carter pointed out that the era of meme coins as a fair trading opportunity has ended. He believes that meme coins initially attracted retail investors because they seemed to offer a level playing field, but now the market is dominated by insider trading, pre-release trading, and bot trading, putting ordinary traders at a disadvantage.Carter stated that the promise of "fair issuance" for meme coins has been exposed, and the market is no longer fair. Although the recent trading frenzy has subsided, he believes the industry will not disappear, and there will still be new token issuances and winners, but "the era of memes is over."As confidence in meme coins wanes, Carter expects regulators to crack down on insider trading and predicts that blockchain trading history will drive future enforcement actions. He believes the market will shift towards more sustainable and fair token issuance models.

ChainCatcher news, according to Sina Finance, the US stock market will be closed on January 9 (Thursday) in observance of a national day of mourning for the late 39th President of the United States, Jimmy Carter. Normal trading will resume on January 10 (Friday).Trading in stock index futures under the CME will end early at 22:30 Beijing time; trading in interest rate and agricultural futures will end early at 02:15 Beijing time on January 10; trading in Treasury futures will end early at 03:30 Beijing time on January 10; trading in precious metals, energy, foreign exchange, and cryptocurrency futures will proceed as usual.

ChainCatcher news, the financial website Forexlive reports that former U.S. President Jimmy Carter has passed away, and his funeral is scheduled for January 9.Historically, the U.S. stock market has closed on the national day of mourning for former presidents, and it is expected to be the case this time as well. Federal non-essential employees will also have a day off, which may affect the economic data released that day. (Jin Ten)

ChainCatcher news, according to The Block, the dollar stablecoin USDM issuer Mountain Protocol announced the completion of its seed funding round, led by Castle Island Ventures co-founder Nic Carter, with participation from Coinbase Ventures, Nansen CEO Alex Svanevik, New Form Capital, Daedalus, and OpenZeppelin CEO Demi Brener.It is reported that Mountain Protocol launched a yield-generating stablecoin called USDM, which received a digital asset issuance license from the Bermuda Monetary Authority on July 27.