ChainCatcher news, after the inflation data was released, interest rate futures traders increased their bets on a rate cut by the Federal Reserve in June, and the likelihood of a second rate cut by the Federal Reserve in 2025 has risen.

ChainCatcher news, according to Jinshi reports, analysts at ING, Francesco Pesole, stated in a report that if the later released data shows that the U.S. core inflation in December remains high, the dollar may appreciate.He mentioned that the market generally expects the month-on-month core inflation rate to be between 0.2% and 0.3%, with an average expectation of 0.25%. ING expects the data to record a growth of 0.3%, which may intensify expectations for the Federal Reserve to take cautious measures to cut interest rates, thereby benefiting the appreciation of the dollar.He stated that before considering the prospect of President-elect Trump's imposition of trade tariffs, high inflation would make investors uneasy about price pressures.

ChainCatcher news, according to CoinDesk, 10x Research founder Markus Thielen stated: "Bitcoin continues to trade within a narrow range, and several key catalysts are expected in the future. Expectations for rising CPI data have increased, creating a situation where lower-than-expected inflation data could trigger a rise in Bitcoin."

ChainCatcher news, QCP Capital's latest analysis points out that with only one week left until Trump takes office as the 47th President of the United States, concerns about inflation continue in the market. The U.S. job market remains strong, with last week's non-farm payroll data exceeding expectations (256,000 vs. expected 165,000), and U.S. Treasury yields are rising, with the market only expecting two rate cuts in 2025-2026.From recent developments, the macroeconomic environment is not friendly to risk assets. However, one bright spot is that Trump's actual policies often differ significantly from his public statements. Concerns about inflation may not be as severe as the market expects. For cryptocurrencies, there are individuals in Trump's administration who support them. There are rumors that Trump will issue a broad and crypto-friendly executive order, which could provide support for short-term prices.Market volatility is expected to increase around the inauguration, as the market needs to digest and adapt to Trump's new term. QCP Capital remains cautious about downside risks, as the $90,000 level for Bitcoin has been tested multiple times. The stock market also appears fragile, and with rising global bond yields, it may trigger chaotic and gap-driven market movements.

ChainCatcher news, according to Jinshi reports, analysts from IGM stated that the U.S. December PPI inflation was far below expectations. The overall data rose 3.3% year-on-year, lower than the market consensus forecast of 3.5%, while the index excluding food and energy only rose 3.5% year-on-year, below the expected 3.8%.This data is a positive signal for the Federal Reserve's next actions, but it does not necessarily mean that people will see weak CPI results in the coming months.

ChainCatcher news, former Federal Reserve Vice Chairman Randall Quarles stated that the independence of the Federal Reserve, inflation, and the labor market will not be threatened even if President Trump is inaugurated. Quarles mentioned during a forum on Monday, "There is quite a bit of misunderstanding about the independence of the Federal Reserve. The independence of the Federal Reserve does not mean that the president cannot express opinions on its policies."Quarles, who was appointed to the Federal Reserve by Trump, served as Vice Chairman for Supervision until 2021.Quarles stated that tariffs themselves should not lead to inflation, although marginally, tariffs could prompt the Federal Reserve to cut interest rates. He also mentioned that he expects a large number of illegal immigrants to be deported after Trump takes office, but this will not affect the labor market.

ChainCatcher news, according to Jinshi reports, Gregory Faranello, the head of interest rate trading and strategy at AmeriVet Securities, stated that this is a very reliable report that supports the market's expectations for the Federal Reserve to skip this month's meeting and possibly more meetings.At the transition between two administrations, this is also an important figure. The focus now shifts to inflation. With the new administration taking office, higher inflation data and a strong labor market will increase calls for interest rate hikes.

ChainCatcher news, according to Decrypt, the North Dakota legislature has proposed a resolution aimed at "investing a portion of state funds in digital assets and precious metals." Resolution 3001 aims to mitigate the impact of inflation on the state's finances by diversifying the assets in which the state invests.The resolution states: "In light of the changing economic conditions and emerging investment opportunities, there is a need for prudent investment of state financial resources." Notably, while the resolution encourages investment in digital assets, it does not specifically mention Bitcoin. North Dakota Representatives Nathan Toman, Matthew Heilman, Jared Hendrix, Daniel Johnston, SuAnn Olson, and Todd Porter, as well as Senators Jeff Barta and Bob Paulson, proposed the resolution.ChainCatcher previously reported that Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), posted on the X platform stating that New Hampshire State Representative Keith Ammon has submitted a bill proposing the establishment of a "strategic reserve," allowing the state treasury to invest in precious metals (such as gold, silver, platinum) as well as digital assets (including Bitcoin).

ChainCatcher news, according to Jinshi reports, Gregory Faranello, head of interest rate trading and strategy at AmeriVet Securities, stated that this is a very reliable report that supports the market's expectations for the Federal Reserve to skip this month's meeting and possibly more.At the transition between two administrations, this is also an important figure. The focus now shifts to inflation. With the new administration taking office, higher inflation data and a strong job market will increase calls for interest rate hikes.

ChainCatcher news, according to Jin Shi reports, market analyst Wilcox stated that Trump's intervention in the Federal Reserve could lead to higher inflation. Trump has appointed Stephen Miran as the chairman of the Council of Economic Advisers and Daniel Katz as the director of the Office of the Treasury. The two have jointly developed a comprehensive plan to reform the Federal Reserve system, which would grant the president and Congress greater political control over the Federal Reserve.A key factor currently protecting the Federal Reserve from political interference is that the president can only remove Federal Reserve board members "for cause" and does not have the authority to dismiss the chairman. Katz and Miran would grant the president the power to fire both board members and the chairman. Additionally, they would shorten the term of Federal Reserve governors from 14 years to 8 years, and make each term begin from the date of confirmation as a committee member, allowing many or all terms to expire simultaneously.Furthermore, Congress currently authorizes the Federal Reserve to set its own budget and fund its operations from the earnings of the securities it holds. Katz and Miran suggest incorporating it into the appropriations process, with Congress approving the Federal Reserve's budget every five years. A large body of academic literature and historical experience in the United States indicates that increased political control often leads to more severe inflation.

ChainCatcher news, according to Jin Shi reports, the Trump administration's radical tariff policy may lead to further inflation, but economic models indicate that this will be a one-time increase in price levels rather than a long-term inflationary spiral.Wells Fargo economist Jay Bryson said this might persuade the Federal Reserve to be more patient in addressing inflation caused by tariffs, especially in the context of a continuing slowdown in the labor market. His view supports Wells Fargo's baseline expectation that the Federal Reserve will cut interest rates three more times this year, each by 25 basis points.However, Bryson warned that if the trade war becomes more protracted, such as through a series of tit-for-tat international reprisals, the Federal Reserve may have to take the inflationary consequences more seriously.

ChainCatcher News: U.S. President-elect Donald Trump stated that inflation is too high and continues to surge; interest rates are too high. Real estate development company Damac Properties will invest $20 billion in the U.S. to support the development of data centers.According to reports, Hussein Sajwani, founder and chairman of Damac Properties, stated that they would invest more if market opportunities allow. However, they are currently planning data centers worth $20 billion to meet the needs of large-scale enterprises for artificial intelligence and cloud services. (Jin Shi)

ChainCatcher news, according to Jinshi reports, Federal Reserve's Barkin stated that the Federal Reserve is highly committed to achieving the 2% inflation target, and businesses affected by tariff changes must respond flexibly.

ChainCatcher message, Musk posted on X: "If dollar inflation is resolved, under the same conditions, the dollar price of buying cryptocurrencies will actually decrease. What matters is the ratio of the dollar to cryptocurrencies."

ChainCatcher news, according to Cryptonews, reports that Venezuelans are "turning to cryptocurrency" to cope with inflation instead of relying on the dollar, according to the latest report. Experts say that stablecoin trading currently accounts for nearly half of the total cryptocurrency trading volume in Venezuela.Venezuelans are increasingly using Bitcoin (BTC) and other cryptocurrencies for convenient transactions, receiving remittances, and "avoiding the impact of the devaluation of the Bolívar currency." Although cryptocurrency exchanges are unregulated, the government "tolerates" their existence as they help to introduce foreign exchange.

ChainCatcher news, the renowned journalist Nick Timiraos from the Wall Street Journal, known as the "voice of the Federal Reserve," recently stated that the Federal Reserve is trying to reassess the impact of the new Trump administration on the U.S. economy and inflation.According to insiders, Federal Reserve Chairman Powell is very dissatisfied with the public remarks of some Federal Reserve officials, as they more directly associate Federal Reserve policy with the policy changes proposed by Trump. Currently, the market generally believes that the Federal Reserve's future interest rate cuts may be slower, fewer, and more cautious. Analysts say that the uncertainty surrounding the Federal Reserve's interest rate cut prospects in 2025 is rising, and investors not only have to face the possibility that the Federal Reserve may pause rate cuts for a period of time but also the turmoil that the new Trump administration may bring.

ChainCatcher news, Matrixport's weekly report shows that there are multiple potential threats that could undermine the current Bitcoin bull market. One significant concern comes from BlackRock, which stated that due to the decentralized nature of the Bitcoin protocol, it is "impossible to guarantee" that the supply cap of 21 million Bitcoins will remain unchanged. Additionally, new developments such as Google's announcement of its "Willow" quantum chip with 105 qubits have sparked discussions about potential long-term threats to Bitcoin's security.Federal Reserve members have recently raised their inflation expectations. This change is more driven by political considerations. Specifically, concerns about potential tariffs imposed by Trump (which economists generally believe to be inflationary) seem to have influenced their expectations. However, during Trump's first term, the impact of these tariffs on inflation was minimal. This suggests that the Fed's inflation expectations may not fully align with current economic realities, potentially creating room for flexibility in policy-making in the coming year.According to Matrixport's model, inflation is not expected to be a major issue next year, which may allow the Fed to maintain a dovish stance. However, based on past experience, Bitcoin bull markets often peak when regulatory pressures reach a critical point. As most regulatory uncertainties seem to be resolved, the risk of this Bitcoin bull market ending may depend on other factors.While the abandonment of near-zero interest rates in December 2021 was a significant change, recently, the Fed has indicated more than a year of intent to cut rates before implementing the first rate cut in September 2024. This situation introduces new uncertainties for Bitcoin and the broader crypto market, as the Fed's response to Trump's potential fiscal policies could influence the trajectory of monetary policy.

ChainCatcher news, according to Jinshi reports, the latest weekly data released by the Russian Federal State Statistics Service on Wednesday showed that as of the week ending December 23, the Russian CPI rose by 0.33%, and the inflation rate for the year has reached 9.5%.Before the release of the above data, the Russian central bank unexpectedly decided to keep the key interest rate unchanged at 21% last week. The regulator stated that recent tightening policies have created favorable conditions for bringing the inflation rate down to the target of 4%. Andrei Gangan, head of the monetary policy department of the Russian central bank, stated that the annual inflation rate in Russia will be between 9.6% and 9.8%.

ChainCatcher message, Binance has released a notification regarding the changes in the tokenomics of IOTA (IOTA). The total supply and circulating supply of IOTA will significantly increase, and the Binance trading page will display risk warning pop-ups and banners.According to IOTA's official statement, IOTA will introduce a sustainable tokenomics model with an annual inflation rate of 6% (767,000 IOTA per block).

ChainCatcher news, the Federal Reserve has raised the target federal funds rate by 0.5 percentage points by the end of 2025. Citigroup economist Andrew Hollenhorst believes that the Federal Reserve may find itself in a bind. With the core PCE rising 0.1% month-on-month in November, the increase in prices is slowing down, and the final rate cut by the Federal Reserve may exceed current expectations."In our base case, a softening labor market will lead the Federal Reserve to cut rates at every meeting going forward." This view contrasts with the market's expectation that the Federal Reserve will pause rate cuts in January. "But even if we are wrong, a stagnant unemployment rate and slowing inflation would be enough to justify rate cuts at every meeting at least beyond January."