News

According to Odaily, Ed Clissold, Chief US Strategist at Ned Davis Research, intends to coin a new term—Big MAC trading, an acronym for “Big Midterms Are Coming.” He wants to use this concept to summarize what he sees as the core theme of the US stock market in 2026: the policy direction before and after this fall’s congressional elections and its impact. At the beginning of the year, US President Trump issued a series of policy-like statements in quick succession, clearly indicating that Trump is focusing on boosting the Republican Party’s chances in the November elections, with policy tools targeting the widely discussed issue of “affordability for American livelihoods.” This trend could have a profound impact on the stock market. Take last week’s market performance as an example: Trump demanded that credit card issuers cap interest rates at 10%—less than half the current average rate—which immediately sent bank stocks tumbling; after he ordered defense contractors to suspend dividend payments and invest funds in production, the defense sector also suffered heavy losses; and following recent government criticism of the Federal Reserve’s independence, all of Wall Street was gripped by panic on Monday. Clissold wrote in his report: “Before the midterm elections, policy adjustments targeting specific industries will become a major risk,” and the market is currently unclear on how to hedge against such risks. (Golden Ten Data)

According to Odaily, Nasdaq-listed bitcoin mining company CleanSpark has announced that it has reached a definitive agreement to acquire up to 447 acres of land in Brazoria County, Texas, and has signed a long-term agreement to expand power transmission facilities. This move will enable the company to develop a large-scale data center project with a total capacity of up to 600 MW. The transaction is expected to be completed in the first quarter of 2026, subject to several conditions including approvals from utility companies and property-related authorities. The project aims to support the development of large next-generation data center campuses for artificial intelligence and high-performance computing workloads. (PRNewswire)

BlockBeats News, January 14th, Bitcoin mining firm Bitfarms announced the appointment of Edie Hofmeister as Chair of the Board, succeeding Brian Howlett, who has served as Chair since 2024 and will continue as an independent director. Bitfarms stated that this personnel change is part of the company's strategy to redomicile to the United States, aimed at increasing access to the U.S. capital markets, expanding the U.S. investor base, and enhancing eligibility for inclusion in certain stock indices. In January, Bitcoin mining company Bitfarms sold its Latin American operations for $30 million, further transitioning into the AI and high-performance computing sector.