2023

Traders expect the S&P 500 index to experience the largest volatility on a non-farm payroll day since the regional banking crisis in March 2023

ChainCatcher news, according to Jinshi reports, options traders expect the S&P 500 index to fluctuate by 1.3% this Friday, which will be the largest fluctuation on a non-farm payroll data release day since the regional bank crisis in March 2023. Citigroup data shows that the S&P 500 index is expected to have a two-way fluctuation of 1.4% on Wednesday, marking the highest implied volatility since the day after the U.S. presidential election on November 6, 2023.The increase in market volatility is mainly influenced by two factors: the uncertainty of the Trump administration's tariff policy and the upcoming non-farm payroll report. Trump recently warned of potential future economic fluctuations and defended his plan to significantly raise tariffs, but U.S. Secretary of Commerce Gina Raimondo indicated that Trump is considering some tariff relief measures, which has slightly eased market sentiment.The Chicago Board Options Exchange Volatility Index (VIX) is currently at its highest level since December of last year, breaking through the 20-point mark. Economists expect that U.S. employment will increase by 160,000 in February, the unemployment rate will remain at 4%, and average hourly earnings will rise by 4.1% year-on-year. UBS equity derivatives strategist Grinkov stated, "Macroeconomic factors are becoming more important; this is a higher volatility environment."

PitchBook: The total amount of cryptocurrency venture capital in 2024 will reach $10 billion, nearly flat compared to 2023

ChainCatcher news, according to Blockworks, PitchBook reveals in a new report that crypto venture capital spending will remain sluggish until the end of 2024. Specific data shows that the transaction value in Q4 2024 surged to $2.4 billion, a 13.6% increase from Q3, but the number of transactions decreased from 411 to 351.PitchBook's Robert Le pointed out: "Although there has been a return of funds, indicating ongoing support from investors for mature teams and differentiated technologies, the continuous decline in the number of transactions reflects an increased selectivity among investors, a trend that has been evident since Q3."Comparing the data from 2023 and 2024, the figures are quite similar. In 2023, the total amount of crypto venture capital reached $10.3 billion, involving 1,936 transactions; while last year, spending in this sector also amounted to $10 billion, covering 1,940 transactions.Additionally, the average transaction amount in the seed stage increased by 20%, jumping from $2.5 million to $3 million; early-stage financing grew by 26%, reaching $4.8 million. However, late-stage financing saw a slight decline, dropping from $6.4 million to $6.3 million. Le stated that this reflects "founders of more mature companies turning to smaller but strategically focused funding rounds, rather than pursuing the large financing rounds that were common in the past."
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