The fourth day of the Lunar New Year is the day to welcome the Kitchen God, throw away poverty, welcome the God of Wealth, and pray for blessings on the Day of the Sheep. The core themes are protecting the home, gathering wealth, and receiving blessings.
1. Core Customs
- Welcoming the Kitchen God (most important) On the 23rd day of the twelfth month, the Kitchen God ascends to heaven, and on the fourth day, he returns to the palace. In the afternoon/evening, clean the kitchen, place sweets and tea, burn incense, and set off firecrackers to warmly welcome the Kitchen God, ensuring that the family has safe and plentiful food. - Throwing Away Poverty (sending away the God of Poverty) From the first to the third day, one should not sweep the floor. On the fourth day, sweep the garbage from the outside inward to the center, then pack it and throw it out, symbolizing the departure of poverty and the arrival of blessings, with all garbage cleared away that day. - Welcoming the Five Wealth Gods Vendors and those seeking wealth often prepare offerings, burn incense, and set off firecrackers on the evening of the fourth day to welcome the Five Wealth Gods from the southeast, southwest, northwest, northeast, and center, hoping for wealth from all directions and good fortune for the market opening on the fifth day. - Day of the Sheep Blessing The fourth day is the day Nuwa created sheep; 'sheep' sounds like 'auspicious', corresponding to three auspicious beginnings; it is taboo to kill sheep or eat mutton, hoping for prosperous livestock and family health. - Eating Zhe Luo / Pancakes Wrapped around Eggs - Eating Zhe Luo: Combine leftover dishes from the first to the third day into a stew, symbolizing wealth accumulation and not wasting food. - In the north, eating pancakes wrapped around eggs: the round pancake symbolizes completeness, and 'flipping over' implies turning fortunes around and doubling wealth.
2. Common Taboos
- Avoid going far, it is advisable to stay home and welcome the gods. - Avoid borrowing money, collecting debts, or dispersing wealth; on the fourth day, the 'vault is closed', only incoming and no outgoing. - Avoid quarrels, breaking things, or wasting food; the Kitchen God observes, harmony brings wealth. - Avoid killing sheep or eating mutton; on the Day of the Sheep, one must pray for blessings.
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Michael Saylor: Continuing to Increase Bitcoin Holdings and Optimistic Market Outlook
Recently, Michael Saylor and his company Strategy have continued to adhere to their long-term Bitcoin strategy amid a sluggish market, sharing their latest developments and judgments in various public forums.
According to recent reports, Strategy has bought approximately 2,486 Bitcoins again in the past week, with total expenditures of about 168.4 million USD. The company's holdings have now reached approximately 717,131 BTC, accounting for about 3.4% of the total circulating supply. This continuous buying action indicates that despite the price drop, Saylor has not changed his accumulation strategy. 
When discussing the current state of the crypto market, Saylor described the current downturn as "a milder bear market than before" and expects this phase will not last as long as in history. He stated that after this short-term volatility, a "spring" is likely to emerge, eventually leading to a "glorious summer." This perspective emphasizes his confidence in the long-term structural improvement of the market. 
In addition, industry insiders, including Coinbase executives, have also publicly stated that Saylor is "forthright" when discussing Strategy's Bitcoin holdings, indicating his transparency and firmness in external communication. 
Meanwhile, market analysis has pointed out that although short-term Bitcoin prices are under pressure, Saylor's accumulation behavior and his judgment on future cycle rebounds are becoming the focus of institutions and long-term investors. This persistence has demonstrated his unwavering belief in Bitcoin as a long-term store of value asset during the recent pullback.
Overall, Michael Saylor's latest developments are concentrated in two directions: continuously increasing Bitcoin holdings and a long-term optimistic view on structural recovery of the market.
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White House Proposal Targets Stablecoin Interest Payments Amid Regulatory Concerns
A recent discussion at the White House has introduced a proposal aimed at banning interest payments on idle stablecoin balances, with significant penalties for any violations. According to NS3.AI, the enforcement of this proposal would be overseen by the Securities and Exchange Commission (SEC), the Treasury Department, and the Commodity Futures Trading Commission (CFTC), highlighting an increase in regulatory scrutiny. The banking sector has expressed concerns over competition from cryptocurrency firms and is advocating for a study on deposit flight. However, banks are also considering compromises regarding regulations on stablecoin rewards. This development reflects ongoing tensions between traditional financial institutions and the emerging crypto market.
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