ChainCatcher news, crypto journalist Eleanor Terrett posted on the X platform that next Thursday, there will be an important nomination hearing for the banking and crypto industries, during which the U.S. Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bowman (who was chosen by Trump to replace Michael Barr as the next Vice Chair for Supervision).In this position, Bowman will become a key player in overseeing and regulating bank-related crypto activities. It is expected that the Republicans will raise many questions regarding de-banking, the Federal Reserve's stance on digital assets, and its handling of the crypto industry.

ChainCatcher news, according to The Block, Borderless CEO Kevin Lehtiniitty expressed concerns about Circle's IPO prospects. Data shows that Circle's net profit in 2024 is projected to be $155.7 million, a 42% decrease year-on-year, in stark contrast to Tether's $13 billion profit during the same period.Lehtiniitty, the CEO of Borderless.xyz, pointed out that Circle's high expenses for compliance operations may impact its profitability. In 2024, Circle paid $908 million to its main distribution partner, Coinbase, to maintain the circulation of USDC.As a veteran in the stablecoin field, Lehtiniitty believes that the stablecoin market has become commoditized, and Circle lacks a unique advantage. He stated that new entrants like PayPal and World Liberty could pose challenges to Circle due to their unique distribution channel advantages.In previous news, Circle submitted an S-1 filing to the U.S. SEC, intending to go public on the NYSE.

ChainCatcher news, according to official news from PsyFi, a financial tool provider in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop platform support on May 1, 2025. The platform has currently entered a mode that only supports withdrawals, and the official reminds users to complete fund withdrawals before this date to ensure asset safety.In addition, PsyFi stated that it may share contract addresses and IDL in the future for users who need to interact directly with the smart contracts.

ChainCatcher news, according to Jinshi reports, JPMorgan's chief economist Bruce Kasman warned that if the tariff policies implemented by the Trump administration persist, they could push the U.S. and global economy into recession by 2025. He pointed out that the risk of a global economic recession has risen from 40% to 60% this year. Kasman stated that these tariffs represent the largest tax increase on American households and businesses since 1968, and their impact could be amplified by retaliatory measures, worsening business sentiment, and supply chain disruptions.

ChainCatcher news, according to CoinDesk, the interoperability protocol Hyperlane has disclosed airdrop details. The airdrop will take place on April 22, with the majority of token distribution going to the community, where 57% will go to users, and the remaining circulating tokens will be allocated to the core team (25%), investors (10.9%), and the foundation treasury (7.1%).Users can check their eligibility for the $HYPER token through the portal provided by the Hyperlane Foundation before April 13.

ChainCatcher news, according to Blockworks, WisdomTree announced that it supports institutional users to access tokenized funds on Arbitrum, Base, Avalanche, Ethereum, and Optimism through its WisdomTree Connect.WisdomTree revealed that its institutional clients have a strong interest in tokenized funds, so it specifically created a suite that truly allows any investor to build a diversified portfolio on-chain.

ChainCatcher news, the decentralized data infrastructure CESS Network has once again been invited to Capitol Hill in Washington, D.C., to participate in the Capitol Hill Education Day event hosted by the U.S. Blockchain Association. As a representative project in the DePIN and Layer1 tracks, the CESS team will meet with U.S. lawmakers again to provide full-stack solutions for real-world use cases of blockchain technology.It is reported that CESS has previously been adopted by Middle Eastern governments as a decentralized data solution provider. During this Capitol Hill event, CESS will continue to demonstrate the critical role of decentralized data value infrastructure in maintaining national data security, providing the next-generation data infrastructure paradigm for governments, enterprises, and the Web3 ecosystem.

ChainCatcher news, according to The Block, JPMorgan analysts have stated that Bitcoin's positioning as "digital gold" is facing pressure, while the demand for gold remains strong. "The volatility of Bitcoin and its correlation with stocks have raised questions about its 'digital gold' narrative.""Looking ahead, we believe that gold will continue to rise and become the main beneficiary of devaluation trades." Devaluation trades are strategies focused on purchasing assets like gold and Bitcoin to hedge against inflation, long-term debt, and the devaluation of fiat currencies.Analysts indicate that this year, gold prices have surged to over $3,100 per ounce, reflecting the "intensification" of devaluation trades—meaning that investors are increasingly favoring gold over Bitcoin.

ChainCatcher news, Babylon announces BABY token economics, with a total supply of 10 billion tokens, of which: community incentives (15%), research and development and operations (18%), early private investors (30.5%), team (15%), advisors (3.5%).

ChainCatcher news, according to The Block, the U.S. House Financial Services Committee passed the "Anti-CBDC Surveillance State Act" (H.R. 1919) with 27 votes in favor and 22 against. The bill was introduced by Republican House Majority Whip Tom Emmer and aims to prevent central bank digital currencies from being used for monetary policy and prohibits the Federal Reserve from providing financial services directly to individuals.Emmer stated that the bill ensures that U.S. digital currency policy is in the hands of the American people rather than the executive branch. This move echoes the executive order signed by President Trump in January this year to protect American citizens from the threats posed by CBDCs. At the same time, the committee also advanced stablecoin regulatory legislation to establish a framework for dollar-pegged stablecoins to enhance their global competitiveness.

ChainCatcher News, the U.S. House Financial Services Committee voted on Wednesday to pass a significant bill regulating stablecoins. The bill, titled "Stablecoin Transparency and Accountability for a Better Ledger Economy" (abbreviated as STABLE), was approved by the committee with a vote of 32 in favor and 17 against. The bill will create a framework for dollar-pegged stablecoins. It outlines reserve and capital requirements, including one-to-one reserve backing and anti-money laundering standards.

ChainCatcher news, analyst Geiger Capital stated on platform X that the predictive market Kalshi data shows that the likelihood of the U.S. economy entering a recession this year has just surpassed 50%.

ChainCatcher news, Sun Yuchen once again stated on social media that his claim about First Digital Trust (FDT) going bankrupt is a statement of fact, devoid of any emotional coloring. If you have any relationship with them, please sever it as soon as possible to protect your assets. As for what consequences its founder Vincent Chok will face for his fraudulent actions, that will be determined by the judicial system and regulatory authorities.It is reported that Vincent Chok, founder and CEO of First Digital Trust (FDT), is responding to questions in an AMA, having clarified and explained almost all issues, and currently both sides are basically "sticking to their own words."

ChainCatcher news, encrypted journalist Eleanor Terrett posted on social media that, according to sources familiar with the transition, Kalshi's Chief Regulatory Officer and General Counsel Eliezer Mishory will be leaving to join Musk's Department of Government Efficiency (D.O.G.E.).

ChainCatcher news, according to GlobeNewswire, officially announced that Grayscale Investments has launched the Grayscale Bitcoin Covered Call ETF (Ticker: BTCC) and the Grayscale Bitcoin Premium Yield ETF (Ticker: BPI).It is reported that these two funds are among the first exchange-traded funds (ETFs) under Grayscale to adopt a covered call strategy, aiming to create differentiated sources of returns for investors through the volatility characteristics of Bitcoin.BTCC primarily seeks stable returns while participating in price fluctuations through Bitcoin-related options. The fund earns premiums by selling call options close to the current price and distributes dividends to investors monthly. This strategy is suitable for investors looking for stable cash flow while profiting from Bitcoin's volatility. The premium income can also provide a certain buffer during market downturns.BPI aims to generate income while retaining upside potential in Bitcoin by selling deep out-of-the-money call options. Investors can receive part of the option income while benefiting from potential price increases in Bitcoin. Both funds employ an active options strategy and distribute dividends monthly.

ChainCatcher news, according to the official announcement from BNB Chain, BNB Chain has announced the list of the first batch of projects awarded the $100 million liquidity incentive program. Five projects, KiloEX (KILO), Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31), have become the first to receive liquidity support rewards. The specific liquidity amounts awarded are:KILO: $290,000MUBARAK: $500,000BROCCOLI714: $500,000TUT: $500,000BANANAS31: $510,000BNB Chain stated that awarded projects can still obtain additional rewards by listing on more exchanges, and unawarded projects still have the opportunity to participate in the next round of selection.

ChainCatcher news, Trump announces the schedule for "Liberation Day" (April 2, 2025, local time in the U.S.):9:00 AM Eastern Time (9:00 PM Beijing Time, April 2): President Trump meets with his expert trade committee to finalize transformative tariff measures;11:30 AM Eastern Time (11:30 PM Beijing Time, April 2): Press Secretary Karoline Leavitt previews the statement;4:00 PM Eastern Time (4:00 AM Beijing Time, April 3): Rose Garden speech ------ Trump will announce reciprocal tariffs;4:30 PM Eastern Time (4:30 AM Beijing Time, April 3): Engagement with the media, followed by formal photographs;6:00 PM Eastern Time (6:00 AM Beijing Time, April 3): Government officials provide a brief overview of the implementation to industry leaders, ensuring seamless execution;8:00 PM Eastern Time (8:00 AM Beijing Time, April 3): Global markets react.

ChainCatcher news, Binance officially announced the launch of the Binance Seeds program, which cultivates cryptocurrency talent through full-time positions and accelerator projects. Among them: the Pioneer Talent Program offers full-time positions and customized training for early-career professionals with up to 5 years of experience; the Binance Accelerator Program provides fixed-term projects of 3 to 6 months for students and graduates.

ChainCatcher news, TensorOpera AI, another company co-founded by ChainOpera co-founder Salman and Aiden, has reached a strategic partnership with Samsung Electronics, showcasing groundbreaking innovations in multimodal generative AI applications on mobile devices.At CES 2025, TensorOpera AI announced its strategic collaboration with Samsung Electronics to achieve breakthrough applications of multimodal AI on mobile devices based on the Exynos processor. This technology enables low-latency, high-performance AI Agent operations on smartphones by optimizing Android applications and C++ inference pipelines, while ensuring privacy and personalized services.As a company within the ChainOpera ecosystem, TensorOpera shares its founding team and technical architecture, utilizing edge-cloud collaborative technology to reduce AI service costs to 10% of the industry standard. Currently, ChainOpera's AI Terminal has served over a million users, achieving cloud-edge-device three-tier linkage driven by LLM."We are pushing the potential of edge-cloud collaboration to the extreme," said co-founder Salman. The two companies are leveraging a hybrid edge-cloud architecture, combining blockchain and decentralized AI technologies to continuously expand the boundaries of edge intelligence. This collaboration marks a new phase in the large-scale application of mobile AI Agent technology.

ChainCatcher news, according to Beincrypto, U.S. House Financial Services Committee Chairman French Hill has rejected a proposal to allow interest payments on stablecoins, despite Coinbase CEO Brian Armstrong publicly calling for support of the policy just yesterday. Hill stated that there is still no bipartisan consensus in Congress on this issue. As a key figure in stablecoin regulation, Hill's swift response highlights that despite Armstrong's rising political influence, the crypto industry remains an emerging force in traditional legislative bodies.