According to Yardeni Research, the Federal Reserve should abandon its accommodative stance at its June meeting, as it no longer suits the current market environment amid growing investor concerns about inflation. The research firm's president and chief investment strategist Ed Yardeni stated that th

Senior strategist Ed Yardeni raises the probability of a market crash to 35% due to the impact of the Iran war on global markets. The Middle East conflict and rising inflation suppress household spending and corporate profits, leading hedge funds to increase their bets against the U.S. stock market.

On January 30, news broke that Circle (CRCL) stock was upgraded by analysts for the second time in a week, and this time, the shift was made by Wall Street insiders who were previously the most bearish on the stock. Compass Point analyst Ed Engel upgraded Circle's rating from 'Sell' to 'Neutral' and set a target price of $60, down from the previous $75, reflecting that the market has partially digested the company's risks. On the same day, Circle's stock closed at $67.55, down 7.3% at one point during the trading session, and slightly rebounded after hours. Notably, just the day before, Mizuho Securities' Dan Dolev also revised his previously bearish stance. The consecutive 'turnarounds' by two long-term bears have caused a subtle shift in market sentiment.

Wall Street analyst Ed Engel upgraded Circle stock from "sell" to "neutral" and lowered the price target from $75 to $60, noting that its stock price is highly correlated with the crypto market and has the impact of high-risk activities. While potential policy changes could bring upside catalysts, Circle still needs time to decouple from the crypto cycle.

In the past 24 hours, the top five tokens by net inflow for KOLs are BTC, STARCRAFT, fish, 19, and Miki. Among them, BTC had a net inflow of $20,000, with a surge of 7130%, currently priced at $0.0003, while the other tokens experienced varying increases.

PANews December 24 News, India's Enforcement Directorate (ED) raided a total of 21 residential and office locations across Karnataka, Maharashtra, and New Delhi in a money laundering investigation, uncovering a counterfeit crypto investment platform network. The gang has been operating since 2015, using celebrity portraits and fake trading websites to promise high returns, attracting investors from India and overseas, and laundering funds through crypto wallets, P2P transfers, shell companies, and underground banks. Currently involved websites include goldbooker.com, cryptobrite.com, and others. Authorities have issued investment risk warnings.