ChainCatcher news, according to Bitcoin.com, data from the Central Bank of El Salvador shows that since October 2024, the proportion of cryptocurrency remittances in the country has remained below 1% of the total. This figure stands in stark contrast to the nearly 5% peak in October 2021 when the country adopted Bitcoin as legal tender.Financial writer John Paul Koning pointed out that although President Nayib Bukele has stated that traditional financial institutions charge up to 25% in fees for remittances, the official digital wallet Chivo offers zero fees, cryptocurrency remittances have failed to gain widespread adoption among the dollarized population in the country.According to an agreement reached with the International Monetary Fund (IMF), the Salvadoran government will terminate or sell the operations of Chivo and revoke Bitcoin's legal tender status to reduce Bitcoin's share in its economy.

ChainCatcher news, well-known crypto analyst Miles Deutscher pointed out that compared to November and December last year, it is currently a better entry point for retail investors.Data shows that the viewership of major cryptocurrency YouTube channels has halved after peaking in early December, reflecting a shift in market sentiment from the top's FOMO to the bottom's panic and indifference. If you cannot learn to control these emotions, you will never succeed in this field.

ChainCatcher message, on-chain analyst ZachXBT posted: "I spent time with @tanuki42_ reviewing Coinbase's withdrawal records and collected data from my DMs to confirm with high credibility the theft incidents across different chains.Between December 2024 and January 2025, the amount stolen from Coinbase users reached $65 million.Our data may be far below the actual amount stolen, as our data is limited to my DMs and the theft incidents we discovered on-chain, which does not cover the Coinbase support tickets and police reports that we cannot access."

ChainCatcher message, on-chain detective ZachXBT disclosed on his personal channel that on December 12, 2024, a significant hacking incident allegedly occurred on the SUI network, with approximately 6.27 million SUI (worth about 29 million USD) stolen.The attacker then cross-chained the stolen funds to the Ethereum network via Bridgers and deposited them in batches into Tornado Cash for mixing. Due to the current limitations of the Sui block explorer, complete tracking of this theft is somewhat challenging.

ChainCatcher news, according to Cointelegraph, Upbit and Bithumb will compensate investors for losses caused by the network interruption in December 2023 with $2.4 million.

ChainCatcher news, according to IntoTheBlock monitoring, currently 80% of LINK token holders are in profit, which is on par with the peak in December last year.On-chain data shows that there are significant resistance levels for LINK at $27 and $29, which corresponds to the resistance levels faced by the asset last year.

ChainCatcher news, according to Jinshi, the U.S. economy is in a "sweet spot," but the market may be overly pessimistic about the pace of interest rate cuts by the Federal Reserve. Goldman Sachs chief economist Jan Hatzius stated in a new report released on Monday that the key issue for monetary policy is how strongly the Trump administration implements its import tariff agenda.Goldman Sachs predicts that the Federal Reserve will cut interest rates by 25 basis points twice this year, in June and December, and will cut rates again in 2026.Jan Hatzius said, "But the risks around this forecast are generally tilted toward further easing, partly because even if the economy performs well, the Federal Open Market Committee (FOMC) may decide to cut rates before June, and partly because while a significant rate cut by the FOMC in the event of a sharp deterioration in economic data or risk sentiment is unlikely, it is far from out of reach."

ChainCatcher news, according to GlobeNewswire, Nasdaq-listed cryptocurrency mining and technology-focused financial company LM Funding updated its Bitcoin holdings information, disclosing that as of December 31, 2024, it holds 150.2 BTC, valued at approximately 15 million dollars based on a price of 100,000 dollars.In addition, the company stated that in the fourth quarter of 2024, its Bitcoin holdings achieved a fair value gain of approximately 4 million dollars from mining.

ChainCatcher news, according to Jinshi reports, U.S. December retail sales month-on-month fell to 0.4%, the lowest since August 2024, significantly lower than the market expectation of 0.6%.The U.S. Dollar Index DXY briefly dropped more than 10 points, reported at 109.33.

ChainCatcher news, according to Jinshi reports, with the release of CPI and PPI data this week, economists can now predict the crucial core PCE inflation data for December very accurately------the Fed's preferred inflation indicator.Predictions coming in this morning indicate that the core PCE price increase in December will be below 0.2%: early forecasts range from Morgan Stanley's 0.16% to Pantheon Macroeconomics' 0.19%. These figures will keep the core PCE inflation annual rate at 2.8%, unchanged from November. However, the trends for 3-month and 6-month will move in the right direction.Analyst Sam Tombs from Pantheon Macroeconomics stated, "We still believe that core PCE inflation will decline slightly over the next two months, which supports the FOMC's easing policy at the end of March."

ChainCatcher news, according to Jinshi reports, the U.S. December CPI rose slightly above expectations due to rising energy product costs, indicating that inflation is still on the rise, which aligns with the expectation of a smaller rate cut by the Federal Reserve this year.The overall CPI in the U.S. for December increased by 0.4% month-on-month and 2.9% year-on-year; the core CPI has risen by 0.3% for four consecutive months, with a year-on-year increase of 3.2%. Efforts to bring the inflation rate back to the Federal Reserve's 2% target faced obstacles in the second half of last year. Strong economic performance, the threat of widespread tariffs on imported goods, and large-scale deportations of undocumented immigrants have also led the Federal Reserve to expect a smaller rate cut this year.Additionally, Trump has promised tax cuts, which will stimulate the economy; consumer inflation expectations surged in January, with households concerned that tariffs will raise product prices. The Federal Reserve is expected not to cut rates in January.

ChainCatcher news, according to Jinshi reports, the U.S. December seasonally adjusted CPI annual rate rose to 2.9%, marking a rebound for the third consecutive month, reaching a new high since July 2024, in line with market expectations, with the previous value at 2.7%.

ChainCatcher news, according to Jinshi reports, analysts at ING, Francesco Pesole, stated in a report that if the later released data shows that the U.S. core inflation in December remains high, the dollar may appreciate.He mentioned that the market generally expects the month-on-month core inflation rate to be between 0.2% and 0.3%, with an average expectation of 0.25%. ING expects the data to record a growth of 0.3%, which may intensify expectations for the Federal Reserve to take cautious measures to cut interest rates, thereby benefiting the appreciation of the dollar.He stated that before considering the prospect of President-elect Trump's imposition of trade tariffs, high inflation would make investors uneasy about price pressures.

ChainCatcher News: The U.S. Bureau of Labor Statistics will release the December CPI year-on-year data tonight at 21:30 (UTC+8). The market expectation is 2.9%, a slight increase from the previous value of 2.7%.

ChainCatcher News, the U.S. December PPI data rose moderately, but this is unlikely to change the view that the Federal Reserve will not cut rates again before the second half of this year, due to the strong performance of the labor market. The U.S. Bureau of Labor Statistics announced on Tuesday that the PPI rose 0.2% last month, while economists had previously predicted a 0.3% increase. Year-on-year, the PPI rose 3.3% after a 3.0% increase in November. The surge in the year-on-year increase reflects the price declines from last year, particularly as energy prices have been excluded from the calculation.Currently, at least one Wall Street firm (Bank of America) now believes that the Federal Reserve's easing cycle has ended. Goldman Sachs expects two rate cuts in June and December this year, down from the previous forecast of three. (Jin Shi)

ChainCatcher news, according to Jinshi reports, the U.S. December PPI year-on-year recorded at 3.3%, setting a new high since February 2023. The U.S. December PPI month-on-month recorded at 0.2%, the lowest since September 2024.

ChainCatcher news, Paxos released the transparency report for the stablecoin PYUSD for December 2024, disclosing unaudited data related to PYUSD. Key points include:The total circulation of tokens (TotalTokensOutstanding) has decreased again, reaching $497,959,719;The current market value of collateral in the total amount of U.S. Treasury collateralized reverse repurchase agreements is approximately $487,993,500, with a nominal position value of about $478,425,000;The current market value of collateral in cash deposits is approximately $21,401,062, with a nominal position value of about $21,401,062;The current market value of collateral in total net assets is $509,394,562, with a nominal position value of $499,826,062.

ChainCatcher news, 10x Research's market analysis indicates that since Trump's election in November last year, the U.S. stock market has erased all gains, despite initial expectations that the election would drive stronger growth and lower taxes. The anticipation of a rebound in the cryptocurrency market after the election quickly faded on December 6 last year, after which trading volume significantly declined, and funding rates peaked on that date, indicating its importance.Macroeconomic factors are the main drivers of the Bitcoin and cryptocurrency market cycles. The Federal Reserve cut interest rates by 50 basis points in September due to a weak labor market and recession expectations, but subsequent data showed a different trend.Although non-farm employment increased by only 12,000 in October, it rebounded to 227,000 in November, and the data released on January 10 again showed strong growth, with 256,000 new jobs added and the unemployment rate dropping to 4.1%. This data suggests that the Federal Reserve's rationale for cutting rates is flawed, undermining the basis for the rate-cutting cycle.

ChainCatcher message, the important macro data to be released in the U.S. next week is as follows:Wednesday night at 21:30U.S. December unadjusted CPI year-on-year, expected 2.90%, previous value 2.70%;U.S. December adjusted CPI month-on-month, expected 0.30%, previous value 0.30%.Thursday night at 21:30U.S. initial jobless claims for the week ending January 11 (ten thousand), previous value 20.1;U.S. December retail sales month-on-month, expected 0.50%, previous value 0.70%.