Andreessen Horowitz has raised $1.5 billion, accounting for 18% of total US venture capital by 2025, and announced the launch of the $1.176 billion American Dynamism Fund II, bringing the company's total capital focused on US national interests, security, and prosperity to $1.776 billion. （CoinDesk）

[Fidelity Global Macro Director Questions Bitcoin 'End of Four-Year Cycle' Theory] On January 10, Fidelity Global Macro Director Jurrien Timmer stated that Bitcoin's current trend is closer to the S-curve of the internet rather than a power-law curve. He expressed skepticism about the claims that the 'four-year cycle' of Bitcoin has ended and that bear markets will no longer occur. Timmer also suggested that Bitcoin's bottom line is $65,000 (the previous high), while the power-law trend line indicates a bottom of $45,000. Timmer pointed out that if Bitcoin enters a consolidation phase in the next year, the power-law trend line could approach $65,000 and become a key price level.

[a16z Crypto Suggests Crypto Developers Focus on Products and Regulatory Compliance] Arianna Simpson, General Partner at a16z Crypto, advises cryptocurrency developers to avoid overly shifting toward trading platforms, arguing that homogenized competition may weaken market attention for businesses. Developers who focus on the product itself may be able to build more defensible and sustainable businesses. Miles Jennings, a16z Crypto's policy team member and General Counsel, stated that developers should pay attention to regulatory compliance, as the Trump administration is nearing the passage of a crypto market structure regulation bill, which could provide clear pathways for fundraising, token issuance, and decentralization.

Binance POL is currently priced at $0.1561, with a 24-hour increase of 19.66%. 24-hour transaction volume of 300 million US dollars, an increase of 283.63%, for reference only

OKX-BTC/USDT is currently trading at $9193.50, with a 5-minute increase of 0.22%. Please be aware of market fluctuations.