ChainCatcher news, BitMEX co-founder Arthur Hayes posted on the X platform: "Powell has delivered on his promise, quantitative tightening (QT) basically ends on April 1. Next, to truly push the market into a bull run, either restore the supplementary leverage ratio (SLR) exemption policy or restart quantitative easing (QE). Bitcoin at $77,000 might be the bottom; there's a possibility of that. However, the stock market may still need to experience some turbulence before Jay (Powell) fully aligns with the Trump team. So, everyone should stay flexible and keep cash on hand."

ChainCatcher news, the Federal Reserve decided to keep the policy interest rate unchanged, in line with market expectations. At the same time, it announced a significant slowdown in the pace of balance sheet reduction (QT), easing market liquidity pressures. Powell reassured investors that the risk of recession is low, the U.S. economy remains strong, and the job market is still solid.According to 4E monitoring, the Fed's dovish stance boosted risk assets, with all three major U.S. stock indices rising on Wednesday: the S&P 500 up 1.08%, the Dow up 0.92%, and the Nasdaq up 1.41%. Tech stocks led the gains, with Tesla rising 4.68% and Nvidia up 1.81%.The cryptocurrency market rebounded significantly, with Bitcoin continuing to rise to $87,453 driven by tech stocks, before slightly retreating to $85,866 at the time of writing, a 24-hour increase of 3.6%. Other major tokens also rose collectively, with Ethereum returning above $2,000, while XRP surged over 11% due to the SEC dropping its appeal against Ripple.In the forex commodities sector, the U.S. dollar index soared, but the increase quickly narrowed to 0.21% after the Fed announced its decision to hold steady; U.S. oil closed up 0.39%; spot gold prices hit a historic high during trading for two consecutive days, approaching $3,052 during Powell's press conference.Powell acknowledged at the press conference that Trump's economic policies have brought significant uncertainty to the U.S. economy, but reiterated that the Fed is not in a hurry to adjust monetary policy. The updated dot plot indicates that the Fed will cut interest rates twice this year, consistent with the forecast from December last year. At the same time, the Fed downgraded its economic growth forecast while raising its inflation expectations, showing characteristics of "stagflation."

ChainCatcher news, according to CoinDesk, Europe's largest industrial technology company Siemens is collaborating with IoT distributed ledger builder Minima to embed blockchain technology into Siemens' devices in the automotive, robotics, and energy sectors.According to a press release from both parties on Tuesday, Minima is working with Siemens' Cre8Ventures division, which is part of Siemens' initiative to accelerate industrial transformation by collaborating with startups in areas such as artificial intelligence, digital twins, and cybersecurity. As computing power gradually shifts to the network edge, the demand for embedding security and data integrity in these edge devices is growing, which is where IoT-level blockchain technology comes into play.Minima CEO Hugo Feiler stated in an interview, "As the computing capabilities of edge devices improve, even large enterprise clients need to ensure the resilience of their systems. Therefore, the ability of these large enterprises to operate decentralized systems is also crucial for them. Decentralization is not just about removing them as intermediaries; it also allows them to expand their service offerings more deeply."

ChainCatcher news, according to CoinDesk, Coinbase Institutional's research director David Duong stated that the market almost universally expects the Federal Reserve to maintain interest rates at its Federal Open Market Committee meeting this week, but investors should pay attention to any potential changes in the Fed's balance sheet reduction (i.e., quantitative tightening, QT) plan. He wrote in a report on Monday: "We believe the Fed may pause or end its quantitative tightening plan as bank reserve levels are nearing 10-11% of U.S. GDP, a level that is generally considered sufficient to maintain financial stability."He noted that the recent cryptocurrency sell-off was primarily due to macroeconomic concerns and deteriorating liquidity conditions, but these factors may improve in the next quarter, providing support for asset prices. "Cryptocurrency prices may bottom out in the coming weeks and then rebound to new highs later this year."

ChainCatcher message, in response to Musk's discussion in the community about optimizing the X comment algorithm, Zhao Changpeng replied and provided four suggestions:Prohibit automated comments by bots, or allow authors to limit replies and ban the use of bots;Support sorting comments by account followers, account registration time, and other criteria;Support sorting comments by "people I follow";Remember the last sorting preference.

ChainCatcher message, Binance founder Zhao Changpeng (CZ) responded to user comments stating, "I currently do not have a PR team. Only I can access this X account. No interns, no bots."

ChainCatcher news, analyst Benjamin Cowen stated in his latest report to subscribers that the current situation of ETH is similar to that of 2019, and a change in the Federal Reserve's monetary policy may be needed for the ETH/BTC exchange rate to bottom out and rebound.Cowen noted that in 2019, the price of ETH fell below its support level just before the Federal Reserve ended its quantitative tightening policy. People found it very difficult to make money during this cycle because the monetary policy had not changed. In the previous cycle, the market witnessed a shift in monetary policy a year before the halving. We are currently in the year following the halving, but the quantitative tightening policy has still not changed. The Federal Reserve has only slightly reduced the scale and slowed down the pace, but has never truly stopped.

ChainCatcher message, Trump criticized the Wall Street Journal in a post on Truth Social, stating: "I don't know what the Wall Street Journal is doing or saying, their (Wall Street Journal's) thoughts are both outdated and weak, very detrimental to America. But don't worry, we will win everything!!!"

ChainCatcher news, Coinglass data shows that in the past 24 hours, the total liquidation in the cryptocurrency market reached 180 million USD, with long positions liquidated at 88.4806 million USD and short positions liquidated at 91.4236 million USD.The total liquidation amount for BTC is 68.5524 million USD, and for ETH, it is 33.3889 million USD.

ChainCatcher news, market news publisher db posted on platform X that its X account has apparently been hacked, and not to trust any messages for the time being. It is still unclear what happened, as both its 2FA/Yubikey are enabled but it was still attacked. Further details will be released later.db also stated that there are no connected applications, no content in access history/sessions, no delegated accounts, and no API key leaks.ChainCatcher previously reported that db's X account had posted fake news about "Trump tokens having utility," and the account was compromised. That tweet has since been deleted.

ChainCatcher news, according to The Block, the development team of the tool Bankrbot, which allows X users to issue meme coins directly on the platform, has readjusted the system and stopped responding to commands from the AI model Grok developed by Elon Musk's xAI. Previously, the interaction between Grok and Bankrbot had led to the creation of 17 tokens, among which the most notable DRB token once had a market value exceeding 30 million dollars.The incident began in early March when user @coin_domin requested Grok to provide token name suggestions for Bankrbot on the X platform. Grok suggested creating "DebtReliefBot" (DRB), and Bankrbot subsequently executed the request, issuing the token through the automatic token deployment tool Clanker on the Base blockchain.According to on-chain data, wallets associated with Grok have accumulated over 500,000 dollars in fees from these transactions. The anonymous founder of Bankrbot stated that the wallet will soon reach millionaire status. However, due to concerns about Grok's inability to responsibly manage its own wallet and protect funds, the developers decided to cut off the response mechanism to Grok's commands.

ChainCatcher news, crypto analyst Matthew Hyland stated on social media that Bitcoin needs to close above $89,000 on the weekly chart to confirm that the short-term downtrend has ended. Hyland believes that $89,000 is a key level, as it is the support area that Bitcoin ultimately "broke below."Hyland warned that if Bitcoin fails to close above this level, the price could drop to the range of $74,000 to $69,000, a level not seen since last November. He stated, "In the coming weeks or months, Bitcoin is likely to test this lower support area."

ChainCatcher news, according to Forbes business reporter Eleanor Terrett, the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple is in its final stages and may conclude soon.According to two insiders, the delay in reaching an agreement is due to Ripple's legal team negotiating the terms of last August's district court ruling, hoping to secure more favorable conditions.The ruling imposed a $125 million fine on Ripple and permanently prohibited it from selling XRP to institutional investors. Insiders indicate that Ripple believes if the new leadership at the SEC is clearing the enforcement records for all previously investigated cryptocurrency companies, then why should Ripple still be penalized. Accepting Judge Torres's ruling would essentially mean Ripple acknowledges wrongdoing, while now the SEC itself seems uncertain whether any violations occurred.

ChainCatcher message, the on-chain data visualization platform Bubblemaps disclosed on platform X about Sybil detection in the BMT airdrop: "The top 30% of participants on the leaderboard are bots attempting to exploit the airdrop, which have been identified and removed through cluster analysis. This cluster, consisting of 30 associated addresses, has been removed; they ranked high on the leaderboard and were supposed to receive a $20,000 BMT reward. However, these addresses are interconnected through SOL transfers, and their application activity is abnormally frequent, showing non-human behavior characteristics. By filtering out all similar clusters, it ensures that the airdrop activities can be accurately distributed to genuine Bubblemaps users."

ChainCatcher news, Bloomberg's senior commodity strategist Mike McGlone posted on the X platform that after ETH broke below the $2000 support level, it may continue to decline, and the ETH S&P 500 index shows a tendency to drop.Previously, in the fourth quarter of 2024, the overall cryptocurrency market rose, but ETH did not perform well.

ChainCatcher news, according to the official announcement, Binance will launch five trading pairs: CVC/USDC, EURI/USDC, SYN/USDC, USDC/RON, and VELODROME/USDC on March 13, 2025, at 08:00 (UTC), while also opening trading bot services to support spot algorithm order functionality.

ChainCatcher news, Pepperstone strategist Michael Brown stated in a report that due to concerns about the U.S. economy losing momentum under Trump's leadership and increasing policy uncertainty, the dollar has fallen alongside U.S. Treasury yields.The Trump administration is doubling down on the idea of trading short-term economic pain for long-term gains, and the persistently weak sentiment has driven yields lower, putting pressure on the dollar, "with a broader flight from dollar-denominated assets also playing a role." Meanwhile, the market will focus on the U.S. job openings data to be released tonight; if the data is weak, it will exacerbate the existing market tension regarding diminishing economic momentum.