According to ChainCatcher news, analysis by Creative Planning's Chief Market Strategist Charlie Bilello shows that the Federal Reserve's balance sheet has fallen to its lowest level since September 2020, having decreased by $1.9 trillion since its peak in April 2022. To fully unwind the quantitative easing policy from March 2020 to April 2022, an additional reduction of $2.9 trillion is needed.

ChainCatcher news, several of Wall Street's largest banks expect the Federal Reserve to end its balance sheet reduction process in April next year, which is consistent with their expectations for the Fed in July.A survey conducted by the New York Fed before last month's Federal Reserve interest rate meeting among so-called primary market dealers showed that "most dealers indicated that they expect the end of balance sheet reduction to depend on the level of reserves, overnight reverse repo conditions, or the assessment of upward pressure on money market rates relative to the administered rates."Some dealers stated that macroeconomic factors pose risks to the outlook for ending the balance sheet reduction. "The current size of the Federal Reserve's balance sheet is approximately $7 trillion."

ChainCatcher news, Google Web3 product manager nalin stated on the X platform that Google Search has integrated ENS, allowing users to search for .eth domain names and view ETH balances.In May 2023, Google Chrome launched the feature "search Ethereum addresses to display balances and link to Etherscan."

ChainCatcher news, according to CoinDesk, data from CryptoQuant shows that the total amount of Bitcoin in the over-the-counter (OTC) market has exceeded 410,000 coins, the highest level since May 2022, more than double the 185,000 coins in March.The balance can indicate the amount of liquidity available for purchase or sale at OTC desks; a high balance indicates strong liquidity, allowing the desk to fulfill large orders. A low balance, on the other hand, may suggest that trading is more difficult. OTC clients are primarily high-net-worth individuals or institutions outside of retail trading platforms. OTC trading allows for large buy and sell transactions without affecting Bitcoin prices on CEX.Data shows that OTC balances have surged significantly over the past six months, while Bitcoin has been on a downward trend since its historical high of $73,500 in March. The increase in balance is quite similar to the situation from late 2020 to early 2021, when OTC balances skyrocketed from 235,000 tokens to 435,000 tokens within six months. The difference is that Bitcoin's price was rising at that time, but it is now slightly declining.

ChainCatcher news, Crypto Quant founder Ki Young Ju posted on X: "Some people believe that decentralized organizations are a failed concept, and I disagree.Of course, many decentralized projects have failed. The main reason for failure is that early participants made considerable profits and often became complacent, while those who joined later found it difficult to gain returns.Balance is key. Complete decentralization is not always necessary. The core idea is to maximize individual interests, in line with capitalism. This concept is reasonable but still in the exploratory stage, seeking the right balance.Collaboration on the internet is worth attempts at decentralization. For example, Wikipedia, a platform for archiving information, could operate more effectively in a decentralized manner. In fact, there is a project called Everipedia dedicated to this. However, the reason it has not succeeded may be that a new team cannot easily catch up with Wikipedia's decades of experience and expertise. Ultimately, Wikipedia itself needs to issue its own token, but this would be fraught with difficulties without proper regulation.If appropriate regulations can filter out scammers, large companies or promising teams would also participate in this experiment. On the other hand, without regulation, scammers will continue to run rampant, and the potential of blockchain technology will be buried in disgrace.Web3 needs appropriate regulation—unless advocating for decentralization is equivalent to advocating for anarchism."

ChainCatcher news, according to CoinDesk, analysts say that over the past eight years, the price of Bitcoin has shown a positive correlation with the size of the Chinese central bank's balance sheet. The 30-day correlation coefficient between Bitcoin's price and the size of the Chinese central bank's balance sheet is 0.66. It has been positive except for 2016 and from the end of 2022 to 2023. On the other hand, Bitcoin's correlation with the Federal Reserve's balance sheet over 30 days is -0.88, the lowest level recorded since 2016.The Chinese central bank is considering launching an economic stimulus plan of up to 1 trillion yuan (approximately 142 billion USD) to boost the economy, which has led to a significant rise in Asian stock markets, particularly the notable increase in the CSI 300 index.Analysts believe that this stimulus plan may indirectly benefit Bitcoin, as it could increase investment in blockchain and cryptocurrency-related projects. This monetary easing policy may drive more capital into the digital asset space.

ChainCatcher message, according to a recent report by Chainalysis, the UAE is an exception, with growth trends across all scales, indicating that the country's "adoption pattern is balanced and comprehensive." Chainalysis emphasized that the UAE received over $30 billion in cryptocurrency from July 2023 to June 2024, ranking among the top 40 globally.It added that this growth is driven by various factors, including regulatory innovation, institutional interest, and expanding market activity. The UAE's DeFi adoption rate is higher than the global average, with a significant portion of transactions conducted through DEX.Globally, 27.8% of crypto transactions are conducted through DEX, while in the UAE, this figure is 32.4%, the highest in the Middle East and North Africa region. Compared to last year, the total value of crypto received through DeFi services in the UAE grew by 74%, while the value of tokens received through DEX increased by 87%, rising from around $6 billion to $11.3 billion.

ChainCatcher news, according to data from the Federal Reserve's official website, as of September 17, the size of the Federal Reserve's balance sheet has decreased to around $7.1 trillion, currently reported at $7.109 trillion. Since the beginning of this year, the cumulative reduction has been approximately $1.39 trillion.

ChainCatcher news, Coinglass data shows that the current Coinbase Pro Ethereum wallet balance is 4,437,950.18 ETH, ranking first among CEX; it has decreased by 5467.86 ETH in the past 24 hours, decreased by 7934.58 ETH in the past 7 days, and decreased by 309926.93 ETH in the past 30 days.Binance Ethereum wallet balance is 3,596,153.82 ETH, with a decrease of 4157.45 ETH in the past 24 hours, an increase of 476.29 ETH in the past 7 days, and an increase of 130029.96 ETH in the past 30 days.Bitfinex Ethereum wallet balance is 2,987,239.78 ETH, with a decrease of 21600.50 ETH in the past 24 hours, an increase of 37523.39 ETH in the past 7 days, and an increase of 222446.33 ETH in the past 30 days.

ChainCatcher message, Bank of America strategists Mark Cabana and Katie Craig stated in a report that the bank now expects the Federal Reserve to end its balance sheet reduction by the end of March 2025, compared to the previous forecast of December 2024, due to the lack of discussion among policymakers regarding its policy. The September FOMC meeting indicated that the Federal Reserve believes changes in policy rates and the balance sheet are independent of each other.

ChainCatcher news, according to CoinDesk, Bitcoin has risen by 7% in the past five days, breaking the $64,000 mark for the first time since August 26. Meanwhile, gold has set new all-time highs over 30 times this year, surpassing $2,600 per ounce. Charlie Bilello, Chief Market Strategist at investment management and financial planning firm Creative Planning, stated that this is the first time since Bitcoin's inception in 2009 that both Bitcoin and gold have become the best-performing assets of the year.Analyst James Van Straten noted that the outstanding performance of Bitcoin and gold is related to the increase in global liquidity, the expansion of global central bank balance sheets, and the recent interest rate cuts by the Federal Reserve, which stimulate investment and economic activity. The current balance sheet of the Federal Reserve stands at $7.1 trillion, and although quantitative tightening is still underway, the pace has slowed. The reduction in reverse repo balances, now just above $300 billion, has released liquidity back into the financial system. This has a stimulating effect, increasing the availability of funds for loans, investments, and overall economic activity.From a broader perspective, the total balance sheet of the world's 15 largest central banks (including the U.S., EU, Japan, and China) is approaching $31 trillion. While this figure itself is not the focus, the trend shows a global recovery of central bank balance sheets since July, rising from about $30 trillion. This increase in liquidity is particularly stimulating for Bitcoin, as its price movements often correspond with liquidity trends. Additionally, the Federal Reserve's 50 basis point rate cut further supported the rise of both Bitcoin and gold.

ChainCatcher message, according to Whale Alert monitoring, about 30 minutes ago, an address on the Ethereum chain with a balance of 6,323,664 USDT was frozen.

ChainCatcher message, UniSat posted on social media that a minor issue affecting the balance calculation on the Fractal testnet was discovered, resulting in a few eligible addresses being excluded. The team is actively working to resolve this issue and will soon update the status of the eligibility check, as well as provide further updates as they become available.

ChainCatcher news, according to Coindesk, the Web3 gaming and social companion platform E-PAL has announced the launch of its AI-driven blockchain experience platform, Balance. E-PAL has successfully completed two rounds of funding led by Andreessen Horowitz (a16z) and Galaxy Interactive. To date, E-PAL's total funding has reached $30 million.Its latest funding round also received support from other investment institutions, including Animoca Brands, K5, CLF Partners, MBK Capital, New Heights Fund, AMBER, MarbleX, Sky Mantra, Tuna, Aptos Labs, IOBC, Leland, Halcyon Capital, Uphonest, Taisu Ventures, Gate Labs, DWF Ventures, BING, WAGMI, YouTube co-founder Steve Chen, Riot Games CEO Marc Merrill, and League of Legends director Thomas Vu.The funds will primarily be allocated to the development of the Balance infrastructure, which aims to bring transformative innovation to the social industry by integrating cutting-edge blockchain and AI technologies.

ChainCatcher news, according to the Financial Times, Telegram holds nearly $400 million worth of cryptocurrency on its balance sheet.

ChainCatcher news, the Web3 trusted account framework protocol OneBalance has completed a $5 million angel and community round of financing, led by Konstantin Lomashuk and Vasiliy Shapovalov from Cyber Fund. Independent investors include Yearn Finance developer Banteg, crypto KOL cobie, Across founder Hart Lambort, Wintermute chief researcher Igor Igamberdiev, WalletConnect founder Pedro Gomes, and Li.Fi founder Philipp Zentner.OneBalance stated: "We believe that transitioning to a better Web3 user experience requires an inclusive, collaborative, and community-oriented approach. Therefore, we invited the best builders and community members in the field for the first round of fundraising."According to RootData, OneBalance is a new framework for trusted accounts—combining chain abstraction, gas abstraction, and permission management to address the fragmented Web3 user experience.

ChainCatcher message, OKLink monitoring data, 15 minutes ago, 37,252 WETH transferred from a contract address to Balancer V2, worth approximately 97.79 million USD.

ChainCatcher message, the mysterious dragon meme project Puff with dual attributes has announced on the X platform that Chapter Six "The Balance of Fate" is now live. Users holding PUFF will receive rewards of 2/3/4/ or 6%, depending on the reputation of their wallets; when claiming, Puff holders will receive Night Gold Potion. More importantly, there is no longer an oversupply situation.According to the Web3 asset data platform RootData, Puff is a young dragon that resonates with the cryptocurrency community - it is half black/fallen and half gold/ordered. Puff's origin occurred in a secret mETH laboratory, where mETH, driven by greed, attempted to excessively increase the yield of mETH crystals.

ChainCatcher message, Indian cryptocurrency exchange WazirX has released a security incident update, and the planned maintenance has been completed. User account balances have been restored, and all transactions that occurred on the WazirX platform after the withdrawal halt on July 18, 2024, at 1 PM have been reversed.Previous news, WazirX announced a security incident update on X, stating that it is about to complete the restoration of balances for transactions that occurred between July 18 and 21.