ChainCatcher news, according to Jinshi reports, Federal Reserve's Collins stated that the possibility of easing policy in December cannot be ruled out.

ChainCatcher news, according to market news, traders have reduced the probability of a Federal Reserve rate cut in December to about 50%.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Collins stated: A rate cut in December is clearly under consideration, but it has not been finalized yet. Currently, there are no signs of price pressure, and more data will be released before December; we will have to continue to assess reasonable interpretations.

ChainCatcher news, New York State Supreme Court Judge Vincent Dinolfo ruled that Greenidge Generation's bitcoin mining facility will continue to operate, overturning the New York State Department of Environmental Conservation (DEC)'s previous decision to deny the renewal of the Title V air permit. The judge noted that the DEC made legal errors in its final decision and acted arbitrarily and capriciously.Greenidge stated that the Climate Act does not authorize DEC officials to unilaterally alter the law or determine the value of working-class jobs. As of the third quarter, Greenidge managed a hash power capacity of 3.1 EH/s, of which 1.3 EH/s is self-owned and 1.8 EH/s comes from hosted power, primarily supplied by its facility located in Dresden, New York.

ChainCatcher message, Goldman Sachs expects the Bank of Canada to cut interest rates by 50 basis points at the December meeting, up from the previously expected 25 basis points.

ChainCatcher news, according to Cointelegraph, ConsenSys' Ethereum validation node provider Infura has announced significant progress in its decentralized infrastructure network (DIN) and plans to launch as an Active Validation Service (AVS) on the Ethereum restaking platform EigenLayer.Infura DIN product lead Tom Hay announced at the Devcon 2024 conference: "By leveraging Ethereum's economic security through EigenLayer, we continue to build a permissionless Web3 infrastructure service marketplace on the steady progress of DIN." Launching DIN as an AVS through EigenLayer offers multiple advantages, including reduced development costs, increased accessibility and reliability of Web3 services, fostering a collaborative environment among providers, and simplifying the process of launching new services across Web3 gateways.The main goal of this deployment is to create a more accessible, reliable, and efficient decentralized infrastructure to support Web3 development while leveraging Ethereum's economic security. It also utilizes EigenLayer's restaking as an entry mechanism, providing staking and slashing protection without requiring projects to prematurely launch tokens.

ChainCatcher news reports that the decentralized AI-as-a-service cloud project Heurist has completed a $2 million Pre-Seed funding round, with participation from institutions such as Amber Group, Contango Digital Assets, Manifold, Selini Capital, Sharding Capital, X Ventures, Zephyrus Capital, Mozaik Capital, Steroids Capital, and several angel investors.According to RootData, Heurist is a Layer2 network based on ZK Stack for hosting and inference of artificial intelligence models. It provides serverless access to open-source AI models hosted by a decentralized computing resource network. Its vision is to leverage blockchain to democratize artificial intelligence, ensuring accessibility and equitable innovation.

ChainCatcher news, according to official news, Gala Film announced that it will issue the FILM token on December 5th, as the official reward and utility token of the platform.

ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell will participate in a dialogue at 04:00 AM Beijing time on November 15 (Friday), marking his first public speech since the November FOMC meeting, where he may comment on recent economic data. Investors and economists will closely watch for his clues regarding the Federal Reserve's December interest rate decision and the policy outlook for 2025. In recent speeches, Powell emphasized the risk balance of the Federal Reserve's dual mandate—stabilizing inflation and supporting maximum employment. He described the Fed's rate-cutting path as a "normalization" of policy.Wednesday's interest rate futures market pricing suggests that there is over an 80% chance of a 25 basis point rate cut at the Federal Reserve's meeting on December 17-18. The update to the policymakers' quarterly economic projections in September showed a median forecast of a 1 percentage point rate cut in 2024, followed by another 1 percentage point cut in 2025. Officials will update the "dot plot" at the December meeting, which may indicate the policy path for 2025 and beyond.

ChainCatcher news, according to Chainwire, the decentralized protocol Prosper announced that its native project token PROS has received investment from the crypto mining company BIT Mining, with the specific amount not disclosed.It is reported that the Prosper protocol aims to connect institutional-grade Bitcoin mining capabilities to the blockchain, with the goal of unlocking the potential of Bitcoin through liquidity mining.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Cook stated that if the progress of inflation decline stalls, it may require the Federal Reserve to pause interest rate cuts. If the labor market shows signs of weakness, gradually lowering interest rates would be appropriate. The labor market has rebalanced, overall cooling down, and inflation has made "considerable progress."

ChainCatcher news, according to official information, Aethir is officially advancing decentralized governance, gradually transitioning to a decentralized governance model in multiple stages. The specific roadmap is divided into four stages: development phase, community education, beta testing, and full launch.The core component of the Aethir governance model is the establishment of a governance committee. This committee will play a key role in facilitating discussions, guiding the decision-making process, and ensuring that proposals align with Aethir's mission and goals. It includes three main groups: computing power providers, validators, and ATH stakers.In addition, key areas of governance include product development and direction, network parameters and policies, ecosystem partner expansion, token economics, staking rewards, and more.

ChainCatcher news, according to CME's "FedWatch" data, the probability of the Federal Reserve maintaining the current interest rate unchanged until December is 24.3%, while the probability of a cumulative rate cut of 25 basis points is 75.7% (before the CPI announcement, these were 37.9% and 62.1% respectively). The probability of maintaining the current interest rate unchanged until January next year is 16.5%, while the probability of a cumulative rate cut of 25 basis points is 59.2%, and the probability of a cumulative rate cut of 50 basis points is 24.3% (before the CPI announcement, these were 26.5%, 54.9%, and 18.6% respectively).

ChainCatcher news, according to Jinshi reports, the Wall Street Journal evaluates the U.S. CPI data and points out that although inflation data is stabilizing, it still seems possible for Federal Reserve policymakers to cut interest rates by another 25 basis points at their last meeting of the year next month. This is primarily because, despite the bumps along the way, inflation still appears to be on a cooling trend.Additionally, there remains a certain degree of "catch-up inflation" in the data. Federal Reserve officials also believe that the current short-term interest rate levels are restrictive, which means that without further rate cuts, the labor market may cool more than they expect, even putting the economy at risk of recession.That said, the U.S. Department of Labor will release the next consumer inflation report on December 11, one week ahead of the Federal Reserve meeting. If the data is much stronger than what Federal Reserve officials hope for, they may choose to temporarily pause further rate cuts. This is especially true if the November employment report, scheduled for release on December 6, shows a rebound in employment, confirming that last month's slowdown was merely a reflection of hurricane and strike-related issues.

ChainCatcher news, during the Thailand Blockchain Week, the Asia-Pacific media officially established Layer East Media, a strategic alliance aimed at strengthening communication between the West and the Asia-Pacific region in Web3. The eight founding members of the alliance include HashKey Capital, Decrypt, Coinpost, Bitcoin Addict (Cryptomind Group), Coin68, PANews, Odaily, and Coinvestasi, who signed a memorandum of understanding committing to promote responsible reporting and innovative collaboration.The alliance also includes Crypto Times, Tokenpost, CoinNess, Foresight News, Blockbeats, Techflow, Chaincatcher, Blocktempo, and Wu Says Blockchain. Layer East Media will support the expansion of Web3 in the Asia-Pacific market through regional events and exclusive content, welcoming more media to join and jointly advance the APAC Web3 media network.

ChainCatcher news, according to Jinshi, Goldman Sachs senior market advisor Dom Wilson stated that the market's focus and most of the volatility clearly stem from the post-election shift. The Federal Open Market Committee (FOMC) in November conveyed a message of "steady progress," so a truly significant surprise may be needed to drive the market.Dom Wilson mentioned that rising data could fuel the notion that the fight against inflation is not over yet, leading the market to further reduce the probability of a rate cut in December, especially considering the more optimistic inflation cycle priced in by the market since the election.

ChainCatcher news, according to Bloomberg, venture capital in the cryptocurrency sector saw a significant decline in the third quarter before the election fervor of elected President Trump revived industry sentiment. PitchBook data shows that in the three months ending September 30, cryptocurrency startups attracted $1.7 billion in investment, a decrease of 31.3% from the previous quarter. The number of deals completed fell by 25.3% to 392.PitchBook senior analyst Robert Le wrote in the report, "We believe this adjustment is a natural and necessary component of a healthy cryptocurrency market." Le attributed the decline in cryptocurrency venture capital deals to macroeconomic factors, including increased market volatility and concerns about a recession in the U.S. Similar to the previous quarter, new infrastructure projects like blockchain continued to attract venture capitalists in the third quarter. Le stated that he expects further consolidation among cryptocurrency exchanges, custodians, and infrastructure companies in the future.

ChainCatcher news, according to CoinDesk, Japanese brokerage and cryptocurrency exchange operator Monex Group announced today that its subsidiary Coincheck Group BV (CCG) has had its registration statement (Form F-4) submitted to the U.S. Securities and Exchange Commission (SEC) become effective on November 12, which will significantly advance the process for the cryptocurrency exchange to be listed on the Nasdaq in the United States.According to the published schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholder meeting on December 5, with the merger expected to be implemented around the 10th of the same month. CCG's stock (ticker symbol: CNCK) is expected to begin trading on Nasdaq on the next trading day after the merger is completed.This listing of Coincheck is achieved through its merger with THCP announced in March 2022. Initially planned to be completed in the second half of that year, it subsequently underwent three contract changes, occurring in May 2023, May 2024, and October, ultimately receiving approval from the SEC.