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On January 9th, RJ Gallo, Deputy Chief Investment Officer of Fixed Income at Federated Hermes, stated in a report that at the start of 2026, both real and implied volatility in the US Treasury market has fallen to a four-year low, returning to levels typically seen before the pandemic. Disruptive factors over the past four years include inflation surging to multi-decade highs; the Federal Reserves rapid tightening of policy to suppress inflation; the Silicon Valley banking crisis; Trumps tariff announcements; and the Feds eventual easing of monetary policy amid slowing job growth. He stated, "So far, recent events have not matched the drivers of these economic uncertainties, which is good news for us."Frances November industrial production figures will be released in ten minutes.January 9th - German industrial output unexpectedly rose for the third consecutive month, further suggesting that Europes largest economy may be on the verge of recovery. Data from the German Federal Statistical Office showed that industrial output rose 0.8% month-on-month in November, exceeding market expectations, with Octobers revised increase at 2%. This growth was primarily driven by Germanys crucial automotive industry, while machinery-related companies also saw growth, helping to offset a decline in energy production. The data also showed an unexpectedly large jump in factory orders, which analysts believe is the beginning of the effects of the fiscal stimulus measures prepared by the Merz government. The slump in traditional growth drivers has led to significant job losses in German manufacturing. Now, the recovery is expected to be driven by domestic demand, and this weeks data seems to confirm this.The chart shows that at 23:00 Beijing time on January 9th, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, etc. There are 3 contracts with strike prices exceeding 1 billion. Please manage your risks.The Ukrainian Foreign Minister stated that Russias repeated claims that Ukraine attacked Putins residence to justify the attack are "absurd."

Multicoin Capital Unveils Latest $430M Crypto and Web3 Startup Fund

Skylar Shaw

Jul 14, 2022 14:37

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Although the markets for digital assets may be frozen over due to a new crypto winter, venture capital companies are nonetheless optimistic about the sector's and Web3's future.


Multicoin Capital, a cryptocurrency venture business, has shown no fear of the bears with the unveiling of its newest fund. Venture Fund III, the third fund from Multicoin, is a $430 million fund that backs entrepreneurs in the cryptocurrency, blockchain, and Web3 sectors.


The fund would reportedly invest $500,000 to $25 million in early-stage ideas and up to $100 million in later-stage, more established enterprises, according to the statement made on July 12.


The American business was established in 2017, the same year it started making investments in the crypto sector. It oversees a venture fund and a hedge fund that makes investments in both public and private markets. On July 13, managing partner Kyle Samani announced the information.

Concentrate on DAOs, Web3, and DeFi

The fund will concentrate on cryptocurrency initiatives it refers to as Proof of Physical Work, which "build incentive structures that enable anybody in the globe to permissionlessly contribute to a set of common goals." This is not the same as Bitcoin's (BTC) power-hungry proof-of-work consensus algorithm.


It was noted that the idea encourages individuals to carry out legitimate activity that creates physical infrastructure. It cited Web2 companies doing this already, such AirBnB and Uber.


The fund would also focus on DataDAOs, which are proofs of actual work that use data instead of infrastructure and are comparable. Due to privacy and security concerns, data cannot currently be aggregated; however, blockchain technology offers a solution in the form of decentralized, permissionless, and trust-minimized data intermediaries.


A DataDAO named Delphia just received a $60 million financing round headed by Multicoin.


The company is also focused in creator monetization, which gives content producers authority again instead of large social media platforms. Creators may manage their own material and its commercialization by utilizing nonfungible tokens (NFTs) and marketplaces.


The new fund was also interested in consumer-facing Web3 decentralized apps built on top of an existing framework, such Ethereum (ETH). Decentralized finance (DeFi), Web3 infrastructure, and DAO (decentralized autonomous organization) technology would also be examined.


The term "Web3" describes the subsequent generation of the internet, which is decentralized and run by its users as opposed to Web2, which is dominated by global tech and social media corporations that collect data for commercial gain.

Retail Suffers as VCs Continue to Fight

Retail traders are now suffering as the cryptocurrency markets, which serve as the basic financial foundation for many of these Web3 initiatives, are bleeding.


Cryptocurrency markets have lost another 1.9 percent of their value today, bringing the overall market size to $909 billion. Major cryptocurrencies are currently in a range-bound channel, but bad macroeconomic data on CPI (consumer price index/inflation) from the U.S. later today might drive markets down again.

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