ChainCatcher news, according to Jinshi reports, S&P Global Market Intelligence indicates that next Friday's U.S. monthly employment report (including non-farm payroll data) will provide the latest clues about the strength of the labor market.Although January's data showed that job growth was below expectations, it also indicated that the unemployment rate fell from 4.1% to 4.0%, and wage growth increased from 3.8% to 4.1%.Therefore, labor data is widely regarded as supporting the Federal Reserve's shift to a slower pace of interest rate cuts this year, "although more signs are needed to indicate how the economy has fared since the presidential election."

ChainCatcher news, according to Lin Chen, the Asia-Pacific business head of Deribit, the current options market data predicts a 23.4% chance that Bitcoin will exceed $90,000 by the end of March; while the possibility of exceeding that price by the end of the year is as high as 56.13%.

ChainCatcher news, CoinShares Research Director James Butterfill posted on the X platform: "Although the total net outflow of Bitcoin and digital asset ETP/ETF has reached $2.6 billion this week (a record high), it seems that most basis trades have been closed, and the selling frenzy is subsiding."

ChainCatcher news, according to official sources, Huaxia Fund (Hong Kong) announced today the launch of the Asia-Pacific's first retail tokenized fund, the "Huaxia Hong Kong Dollar Digital Currency Fund." This fund primarily invests in short-term deposits and high-quality money market instruments denominated in Hong Kong dollars, marking the official arrival of the first tokenized fund aimed at retail investors in the Asia-Pacific region.The fund reshapes the traditional fund investment model through blockchain technology, with key fund information recorded in real-time on the blockchain, ensuring that the information is tamper-proof and fully traceable, thereby enhancing investment transparency and operational efficiency. In terms of distribution channels, in addition to traditional qualified brokers and banks, licensed virtual asset trading platforms (VATPs) authorized by the Securities and Futures Commission have also been included in the distribution channels to reach a broader investor base.Huaxia Fund (Hong Kong) stated that the fund will participate in the Ensemble project led by the Hong Kong Monetary Authority, with the expectation of opening secondary market trading in the future, enabling 24/7 trading and settlement, and seamlessly linking with a broader digital financial ecosystem, compatible with various forms such as stablecoins, tokenized deposits, and digital currencies.

ChainCatcher news, according to the official announcement from Base, Base has launched several new technologies aimed at enhancing on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has gone live on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain.In addition, Base has also introduced Base Appchains (L3 chains), providing dedicated block space for high-traffic applications to improve scalability. At the same time, Base has introduced Smart Wallet Sub Accounts to optimize user experience, reduce the number of transaction signatures, and provide a more secure account management method. Base plans to launch Flashblocks and Sub Accounts on the mainnet in Q2.

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of February 28 at 10:00, the project Kekius Maximus has surged 691 places in the Top 50 ranking, with its token KEKIUS experiencing a 24-hour increase of 72.81%.Kekius Maximus is a meme coin known as the "Frog Pepe Emperor," the sovereign ruler of the mythical Kekistani Empire, which primarily exists in the digital universe of memes.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher message, according to Glassnode analysis, by tracking the cost basis distribution of Bitcoin over the past 6 months, key accumulation and redistribution trends can be identified, providing insights into investors' market positioning during the recent sell-off.Data shows that from the end of September last year to the end of October, there was strong accumulation of Bitcoin in the $60K-$67K range. Addresses holding this cost basis are still holding, and their Bitcoin supply remains visible. The stair-step pattern indicates that these addresses continued to accumulate Bitcoin from November to February, with some investors still increasing their cost basis, showing sustained participation.From the end of December last year to February this year, there was strong accumulation in the $96K-$98K range. Although some addresses in these price ranges are redistributing their Bitcoin, this supply cluster remains very dense, and if prices return to these levels, it could form strong resistance.A one-month view shows some Bitcoin distribution at the $96K-$98K level, particularly from the accumulation of Bitcoin over the past week and early February. Arrows indicate that investors who bought in September/October are active here, increasing their cost basis or continuing to accumulate. A one-week view shows a new demand cluster between $84K-$92K. The current question is whether there is enough demand at these levels to absorb selling pressure.

Bitcoin ETFs have seen outflows of approximately $2.1 billion for six consecutive days, marking the longest period of fund outflows since June of last year. Matthew Sigel, head of digital asset research at VanEck, believes that the record outflows may stem from hedge funds unwinding a popular strategy known as "basis trading," which profits from the price differences between the spot and futures markets. Some funds use ETFs to profit from the volatility of cryptocurrencies or to hedge short positions in derivatives. He explained, "This strategy involves buying Bitcoin spot (usually through ETFs) while shorting Bitcoin futures to lock in low-risk returns. However, the profits from this trading have recently collapsed, significantly reducing its attractiveness. As a result, hedge funds using ETFs for this trading may have closed their positions, leading to large redemptions."

According to ChainCatcher's message, Lin Chen, the head of Asia-Pacific business at Deribit, stated that based on data and indicators, the market has officially transitioned from a bull market to a bear market, with an unfavorable short-term outlook and significant selling pressure expected during any rebounds.However, from a long-term perspective, she remains optimistic, believing that when the macro environment (including tariffs, inflation, interest rate cuts, geopolitical conflicts, and breakthroughs in artificial intelligence technology) improves, the Bitcoin market will see another upward trend.As an industry practitioner holding Bitcoin, Lin Chen plans to continue holding Bitcoin in the coming months, generating income by selling call options and purchasing a small amount of long-term put options to increase her spot holdings.

ChainCatcher news, Bitcoin mining company MARA Holdings announced its Q4 2024 financial report, with revenue for the quarter reaching $214.4 million, a year-on-year increase of 37%, and total annual revenue of $656.4 million, a year-on-year increase of 69%. Net profit increased by 248% year-on-year to $528.3 million, with annual net profit growing by 107% to $541 million.• Direct energy costs were $28,801 per Bitcoin, with a cost of $0.039 per kilowatt-hour.• Total hash rate increased by 115% year-on-year to 53.2 EH/s.• Bitcoin holdings grew by 197% to 44,893 BTC (approximately $4.6 billion), of which 10,374 BTC were loaned out or used as collateral.• In Q4, a total of 2,492 BTC were mined, and 15,574 BTC were purchased through zero-interest convertible senior notes.• The company did not sell any Bitcoin in Q4.

ChainCatcher news, according to GMGN market information, today some AI sector tokens have rebounded significantly, among which:SWARMS has increased by 35.4% in the last 24 hours, with a current market cap of $66.582 million;ALCH has increased by 68.6% in the last 24 hours, with a current market cap of $23.6695 million;ANON has increased by 28.7% in the last 24 hours, with a current market cap of $102.9 million;ARC has increased by 23.8% in the last 24 hours, with a current market cap of $240 million;VIRTUAL has increased by 8.3% in the last 24 hours, with a current market cap of $738 million.

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of February 26 at 10:00, the DAR Open Network has surged 425 places in the Top 50 ranking projects, with its Token D experiencing a 24-hour increase of 8.73%.DAR Open Network is an AI-driven, blockchain-agnostic open infrastructure aimed at fundamentally transforming Web 3 applications. As a foundational layer of blockchain, it is designed to empower community-driven ecosystems, allowing applications to thrive on shared technology, assets, user experiences, and communities. DAR Open Network serves developers and users through a diverse product matrix ranging from social experiences and gaming to AI agent builders.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as search frequency, project clicks, user votes, and the popularity and influence on the X platform.

ChainCatcher news, the Stacks social platform announced that it has launched sBTC Cap-2, increasing the deposit limit by an additional 2,000 BTC on top of the existing 1,000 BTC limit, bringing the total to 3,000 BTC.ChainCatcher previously reported that Stacks announced on X that sBTC has gone live on the Stacks mainnet. sBTC achieves trustlessness, security, and transparency through 1:1 Bitcoin backing, institutional signature networks, and Bitcoin hash power support, facilitating the Bitcoin DeFi ecosystem. In the initial phase, only deposits are supported, with a liquidity cap of 1,000 BTC, offering annual rewards of up to 5%.

ChainCatcher news, according to a post by Lin, the Asia Pacific Business Head of Deribit, "The annualized BTC basis is still at 8%, and with leverage, the returns can still hold; it's not yet time for traditional arbitrage funds to exit."

ChainCatcher message, traders increase bets on Federal Reserve rate cuts, expecting a 53 basis point cut by the end of the year.

ChainCatcher message, former Three Arrows Capital founder Zhu Su stated, "The concept of bullish sell-off is simple: tokens move from weaker hands to stronger hands, and value also shifts to better tokens. I will let you know when a bearish sell-off occurs, but I haven't seen one this year."

ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of February 25 at 10:00, in the Top 50 ranking of skyrocketing projects, MetaMars has surged 394 places, with its token MARS experiencing a 24-hour increase of 19.1%.MetaMars is a Mars-themed Web3 metaverse platform. By integrating virtual reality, crypto economy, and social networks, MetaMars has created a brand new way of digital interaction and value creation. This innovative digital world combines Mars exploration with blockchain technology, providing users with a unique immersive experience.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on platform X.

ChainCatcher news, the Bank of Korea today cut the interest rate by 25 basis points, shifting from a restrictive monetary policy to a neutral stance amid growing concerns about growth. This is the third rate cut by the Bank of Korea since the beginning of the rate-cutting cycle last October, bringing South Korea's interest rates about 150 basis points lower than the Federal Reserve's target range of 4.25-4.50%.The central bank also lowered its economic growth forecast for this year from 1.9% to 1.5%, while maintaining the inflation forecast for this year and next at 1.9%. The market reacted lukewarmly to the rate cut. With the uncertainty of U.S. policy's impact on the South Korean economy and factors such as the domestic political crisis, the market direction of interest rates may experience fluctuations, posing complex communication challenges for the Bank of Korea. The market will now turn its attention to the press conference held by Bank of Korea Governor Lee Chang-yong at 10:10 AM Beijing time, where dissenters of the policy decision may appear.

ChainCatcher news, Hong Kong listed company Hong Kong Asia Holdings announced that its board of directors has approved the company's further increase in its investment in Bitcoin, and on the 20th of this month, it conducted a series of transactions on a public market cryptocurrency trading platform to purchase approximately 7.88 units of Bitcoin, at a total cost of about 5.9369 million Hong Kong dollars, funded by internal resources of the group. It currently holds approximately 8.88 units of Bitcoin, with an average cost of 756,200 Hong Kong dollars.