ChainCatcher news, according to Solid Intel, Japan has implemented stricter regulations to strengthen oversight of unregistered cryptocurrency exchanges.

ChainCatcher news, according to Jinshi reports, former chairman of the China Securities Regulatory Commission, Xiao Gang, stated on December 22 at the "AI + Finance" summit of the National Wealth Development Research Cooperation Platform that artificial intelligence is a "double-edged sword." On one hand, it leads a new round of technological and industrial revolutions, profoundly changing social production and life, as well as fundamentally altering the landscape and models of the financial industry. On the other hand, it also brings various risks and challenges.From the perspective of intelligent finance, Xiao Gang believes that artificial intelligence greatly enhances the ability of financial institutions to identify, warn, and control risks, but it does not disperse or eliminate financial risks. Therefore, the essence of intelligent finance is still finance, and it must adhere to the basic laws of finance. To strengthen the governance of financial AI algorithms and models, Xiao Gang suggests establishing a governance framework for algorithm models, where laws and regulations form the top level, and this framework also includes objectives, organization, tasks, and ecology.

ChainCatcher news, AI and crypto czar David Sacks posted on the X platform denying reports of a role change: "Some traditional media reported tonight that my role has changed, which is completely false. I expect to spend half my time in Washington guiding policy and the other half in Silicon Valley."Previously, according to Fortune, insiders from the transition team revealed that last week the position was downgraded from a leadership role to a general advisory role, partly because Sacks was unwilling to detach from the investment firm Craft Ventures and did not want to go through the formal appointment process. In the future, Michael Kratsios will lead the technology policy work, with Sacks providing policy ideas. Despite the change in position, Sacks remains influential, frequently active in Florida and San Francisco, and meeting with lawmakers. His appointment has sparked controversy over conflicts of interest, but some in Silicon Valley are optimistic, believing it may benefit startups, while others question his expertise and worry about the direction of policy.

ChainCatcher news, according to The Washington Post, Biden is drafting a plan to allow the construction of artificial intelligence data centers. (Jin Shi)

ChainCatcher news, CESS Network participated in the Policy Summit 2024 hosted by the U.S. Blockchain Association in Washington, D.C. on December 16, U.S. time. As a representative project of DePIN, CESS formed a DePIN working group with leading projects such as GEODNET, Helium, IoTeX, and Filecoin to engage in in-depth discussions on the future development of decentralized physical infrastructure networks.Former U.S. President Trump called the summit to congratulate all participants, affirming the important role of the blockchain and cryptocurrency industry in the future economy and national strategy, and expressing optimism about future cryptocurrency policies.At the summit, CESS was invited to participate in a special discussion on how blockchain technology can enhance national security and protect data privacy. In the future, CESS will work with industry partners to promote the improvement of blockchain industry policies, assist in the global implementation of DePIN technology, and continuously build decentralized data infrastructure to provide innovative solutions for data security and user privacy protection.

ChainCatcher news, according to Jinshi reports, Nomura Securities' global foreign exchange strategy team stated in a research report that the US dollar may strengthen in 2025. The team indicated that the main themes entering next year include the Federal Reserve potentially having difficulty cutting interest rates due to persistently high core inflation in the United States, as well as the tariff policies of President-elect Trump.The team added that currencies that may perform poorly in the first half of 2025 could include the South Korean won, Thai baht, Singapore dollar, Swiss franc, and Swedish krona, while the Indonesian rupiah, Japanese yen, and Norwegian krone may see slightly better performance.

ChainCatcher message, Slow Mist's Chief Information Security Officer 23pds posted a reminder that recently, the well-known cryptocurrency theft Trojan MacOS Stealer has been suddenly open-sourced.Previously, its attack source code was sold for 1 BTC, and now the open-sourcing means that more malicious attackers can easily access this tool. This not only potentially allows attackers to have "one tool per person" for attacks but may also give rise to more covert and complex attack methods, posing greater challenges to the security of cryptocurrency assets.

ChainCatcher news, according to Bitcoin.com, Nexo's research analyst Iliya Kalchev stated that the recent surge in XRP open interest indicates that this fourth-ranked digital asset may remain a "focus" in the crypto space for the foreseeable future. He believes this spike signifies "an expansion of the investor base and an increase in trading activity." A significant increase in open interest is often seen as an indicator of rising speculative trading, as traders bet on future price movements.It is worth noting that Kalchev's comments on the surge in XRP open interest were made a few days after reports from Cryptoquant analysts revealed that open interest had grown by over 30%, bringing the total open interest on major exchanges to $4 billion. However, analyst Maarten Regterschot reportedly warned that this surge could be "leverage-driven," increasing volatility risk. In a statement to Bitcoin.com news, Kalchev attributed this growth to favorable regulatory developments and a rebound in the cryptocurrency market.

ChainCatcher news, the latest data shows that the U.S. November PPI rose more than expected, with a month-on-month increase reaching the largest in seven months, indicating rising inflation. The market expects a 25 basis point rate cut next week, but bets on a pause in rate cuts in January next year.According to 4E monitoring, the market has fully priced in the expectation of a rate cut in December, but the latest data has increased uncertainty about the Fed's rate cut prospects for next year. The three major U.S. stock indexes all fell, with the Dow Jones down 0.53% for six consecutive days, the S&P 500 down 0.54%, and the Nasdaq down 0.66%. Large tech stocks failed to maintain the momentum from earlier this week, with Nvidia down 1.41%, Tesla down 1.57%, and crypto-related stock MSTR down 4.67%, while Coinbase fell 0.27%.The crypto market surged and then retreated. When Trump rang the opening bell at the NYSE, he stated that he would do great things in the cryptocurrency space, briefly pushing Bitcoin above $102,000. However, it later fell back below $100,000 due to the drag from U.S. stocks, causing a collective retreat in the crypto market. The DeFi sector showed strong performance, driven by the Trump family project WLFI purchasing ETH, AAVE, and LINK, leading to a broad rise in DeFi tokens. Currently, WLFI holds approximately $74.9 million worth of cryptocurrencies, with the largest holding being ETH, which the market views as the Trump family's optimistic outlook on Ethereum's potential and an early layout of their crypto strategy.In the forex and commodities sector, the inflation data boosted the dollar index by 0.31%, marking the fifth consecutive day of gains; the International Energy Agency (IEA) predicted a supply surplus next year, offsetting the optimistic sentiment around rate cuts and dragging down U.S. and Brent crude oil prices; the strengthening dollar put pressure on gold, and the strong PPI data further diminished gold's appeal as a safe haven, causing gold to plummet, with the London spot gold price falling by 1.33%.eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher message, according to monitoring by The Data Nerd, an address suspected to belong to Arrington Capital withdrew 3,884 ETH (approximately 15.32 million USD) from Binance 2 hours ago, and subsequently, the address transferred all of this ETH to Etherfi for staking.

ChainCatcher news, according to Bloomberg, the latest U.S. inflation data has strengthened bets on the Federal Reserve cutting interest rates again, and Bitcoin has once again surpassed $100,000. The prospect of a loose monetary environment has eased investor sentiment, driving the tech-heavy Nasdaq 100 index to a record high.Henry Elder, head of UTXO Management, stated, "The market likes to see inflation rates meet expectations." He added that traders are "trying to figure out whether $100,000 is a ceiling or a floor."Since Trump won the U.S. election on November 5, Bitcoin has risen by about 50%, with approximately $11 billion net inflow into U.S. Bitcoin spot ETFs during this period, while Ethereum spot ETFs attracted $2.4 billion in net inflow.

ChainCatcher message, two members of Goldman Sachs' research department stated that gold prices still appear bullish in the context of a long-term strengthening dollar. According to Goldman Sachs' analysis, U.S. policy rates almost entirely drive investor demand for gold ETFs, while the dollar has not played an additional significant role in pricing.A strong dollar is unlikely to prevent central banks from structurally increasing their gold purchases, as such purchases are often made with dollar reserves. Furthermore, the trend of both the dollar and gold prices rising under uncertainty supports their role as portfolio hedging tools. Goldman Sachs' forecast for gold prices by the end of 2025 is $3,000 per ounce. (Jin Shi)

ChainCatcher news, according to Cointelegraph, Swyftx chief analyst Pav Hundal stated that XRP has dropped nearly 18% since hitting its annual high on December 3, and traders are still hoping to see a strong rebound in its price.However, for highly leveraged XRP long traders, the real danger at the moment is the renewed dominance of Bitcoin. The rotation of funds from XRP to Bitcoin is likely to lead to a broader range of liquidations.Pav Hundal mentioned that in the past few weeks, we have observed retail investors quickly buying large positions, and the current number of open contracts is nearly double that of 2021 levels. The market seems to have a "hunger for leveraged long exposure to XRP," and despite the price decline, XRP longs are still adding positions, indicating that the market may be approaching the FOMO zone.

ChainCatcher news, QCP Capital's latest analysis indicates that after Bitcoin's price briefly broke above $97,000, it has retreated to above $95,000. The U.S. government's transfer of 10,000 Bitcoins (approximately $963 million) related to Silk Road has triggered short-term volatility, with the front-end volatility curve in the options market showing that put option premiums are higher than call option premiums.Institutional demand continues to strengthen, with a net inflow of $350 million into spot ETFs yesterday. MARA Holdings purchased $618 million in Bitcoin within two months, following MicroStrategy's investment strategy. Major mining companies like Riot Platform plan to suspend Bitcoin sales and consider expanding their holdings. Meanwhile, there are reports that Microsoft is considering purchasing Bitcoin, highlighting the growing interest of corporations in Bitcoin as a reserve asset.In the macro market, the S&P 500 index has set a new historical high for the 54th time this year. Several Federal Reserve officials have expressed a preference for lowering borrowing costs at the next meeting, but the final decision will depend on the upcoming economic data. Analysts expect that this decision could trigger market volatility during the announcement window.

ChainCatcher news, Jorge Tenreiro, who previously served as the acting head of the cryptocurrency and cybersecurity oversight division of the U.S. Securities and Exchange Commission (SEC), has been appointed as the chief litigation counsel, expanding his responsibilities. Tenreiro played a significant role in several landmark cases, including the lawsuit against Ripple Labs.This promotion comes as the Trump administration is about to take office, indicating that the SEC will continue to enforce strict cryptocurrency regulations. The establishment of Tenreiro's new position is expected to drive crypto innovation while continuing to focus on areas such as ICOs, token sales, and market manipulation, further influencing the legal standards for cryptocurrencies.

ChainCatcher news, Greeks.live macro researcher Adam published an analysis pointing out that 98,000 BTC options are expiring, with a Put Call Ratio of 0.84, the maximum pain point at $80,000, and a nominal value of $9.48 billion; 412,000 ETH options are expiring, with a Put Call Ratio of 0.75, the maximum pain point at $2,900, and a nominal value of $1.47 billion.Bitcoin's attempt to break through $100,000 is hindered, while ETH leads the market this week, with a rebound in altcoin rotation. The potential risks from the end of BTC's rally may be absorbed by ETH, and the bullish strength in the spot bull market remains robust.This week, over 20% of positions are expiring, and next month will see the year-end options, at which point 40% of positions will expire. A large amount of position shifting and the Christmas market will put pressure on implied volatility. The market atmosphere is currently very optimistic, with institutions concerned about replicating the end-of-year rally from 2020, making the options market appear more cautious.

ChainCatcher news, Trump stated this morning that a 25% tariff will be imposed on all products entering the United States from Mexico and Canada. As a result, the dollar quickly strengthened, with an increase of 0.4%, while all non-U.S. currencies fell, with the Canadian dollar and Mexican peso experiencing the largest declines, the latter dropping over 1.2%. Spot gold and silver were also pressured by the strong dollar, with silver falling below $30 per ounce. (Jin Shi)

ChainCatcher news, boosted by the nomination of Scott Basset as Treasury Secretary by the elected President Trump, most Asian currencies strengthened against the US dollar in the Asian morning.Four members of the Commonwealth Bank of Australia's (CBA) global economic and market research stated in a report: "It is reported that Basset tends to favor a weaker dollar and supports the 'shadow' chair strategy of the Federal Open Market Committee (FOMC)." Meanwhile, the FOMC meeting minutes to be released this week may reveal discussions regarding the potential reduction of the federal funds rate and views on core inflation in the United States. (Jin Shi)