ChainCatcher news, Federal Reserve's Barkin stated that once the Fed enters the "normalization" phase, questions regarding further rate cuts will become more important. (Jin Ten)

ChainCatcher news, at the ZuThailand opening ceremony, SendingNetwork officially announced the launch of a new proxy node, providing efficient and secure communication solutions for decentralized communities.Through the proxy node, SendingNetwork offers solutions to the challenges of traditional P2P networks in terms of scalability and stability, providing the community with flexible deployment and customization services. ZuThailand becomes the first community to use SendingNetwork's proxy node services.The proxy node supports self-sovereign data ownership, helping community members better control data privacy and security. Whether self-operated or third-party hosted, the proxy node can meet the needs of small communities to large organizations.

ChainCatcher news, Lightspark co-founder and Chief Strategy Officer, Christian Catalini, founder of the MIT Cryptoeconomics Lab (who was also a co-founder of the failed Diem/Libra project), shared his views on the U.S. debt, the Bitcoin strategic reserve proposal, and the calls to replace Federal Reserve Chairman Powell.Catalini believes that despite some false advertising in the market, the U.S. is not on the brink of a debt crisis. From a broader perspective, the world has accumulated debt, especially after the 2008 global financial crisis. While this does not mean that over-indebtedness is a good thing, it is a common issue that almost every country must address in some way. However, if Powell is removed in January next year, it would undermine the institutional credibility of the SEC and weaken the dollar, raising doubts about the market's ability to maintain debt. If Bitcoin were to truly become a strategic reserve asset in the future, it could signify "the end of the Federal Reserve's leadership in global monetary policy."

ChainCatcher news, according to CryptoSlate, Trump promised to ease cryptocurrency enforcement during his campaign. Current and former government lawyers stated at a meeting in New York on Friday that this change will occur as Trump readjusts the policies of the Department of Justice and regulatory agencies.Lawyers indicated that cryptocurrency fraud cases will not receive a free pass, but they are no longer a priority. The focus of government agencies and departments may shift to areas such as immigration enforcement, another promise made by Trump during his campaign.Scott Hartman, co-chair of the Securities and Commodities Task Force at the Manhattan U.S. Attorney's Office, stated that the office will reduce its resource allocation for crimes related to cryptocurrency. This means that the number of prosecutors handling cryptocurrency cases will decrease compared to the period during the 2022 cryptocurrency industry collapse that triggered the "crypto winter."

ChainCatcher news, the Zuzalu community officially announces a strategic partnership with the Web3 decentralized communication company Sending Labs, with SendingMe becoming the community's official and sole designated communication platform.SendingMe has launched a customized version for the Zuzalu community, featuring exclusive community nodes, themed skins, various community homepage components, and Web3 native social payment functions. At the same time, SendingMe serves as the platform entry point, supporting seamless integration for other ecological partners of Zuzalu, helping community members enjoy a one-stop Web3 native communication experience.Zuzalu is an experimental "liquid city community" initiated by Ethereum co-founder Vitalik Buterin, and SendingMe is a community-customized communication tool developed based on the Sending Network, providing the community with richer native encryption features than Discord and Telegram.

ChainCatcher news, according to Spot On Chain monitoring, GSR Markets may have become the market maker for TARS AI (TAI). Yesterday, GSR Markets received 5 million TAI (approximately $789,000), and subsequently deposited 3 million TAI (approximately $472,000) to MEXC, Bybit, and Gate.io, a move that may be aimed at providing liquidity.

ChainCatcher news, Galaxy Digital founder Mike Novogratz, in an interview with Bloomberg TV, dressed as "Steve Jobs" and stated that if the speculation of Bitcoin being viewed as a strategic reserve asset comes true, the price could reach $500,000.However, the likelihood of "becoming a strategic asset" is very low; if Bitcoin becomes a reserve asset, other countries will need to buy Bitcoin.

ChainCatcher news, according to data disclosed by 8marketcap, as BTC continues to reach new historical highs, its market capitalization ranking has surpassed Saudi Aramco, becoming the 7th largest asset in the world by market value.