ChainCatcher message, Federal Reserve Chairman Powell stated that the sell-off triggered by the artificial intelligence industry is not a substantial, lasting change. He pointed out that artificial intelligence is an important factor in the development of the stock market, but it is more focused on the macroeconomy. (Jin Shi)

ChainCatcher message, Federal Reserve Chairman Powell stated that he does indeed expect to see further progress on inflation. He added that the Federal Reserve will not take action until it sees more progress than currently.

ChainCatcher news, Federal Reserve Chairman Powell stated at the press conference that the current policy is significantly more accommodative compared to when it started cutting interest rates. He also mentioned that discussions on the policy framework have begun at this meeting, and the framework review will conclude at the end of the summer. (Jin Ten)

ChainCatcher news, after the Federal Reserve maintained its policy interest rate and dropped the long-mentioned term "progress" on inflation in its post-meeting statement, short-term interest rate futures pricing indicates a greater likelihood that the Fed will not cut rates before June. Following the statement, traders estimated the probability of a rate cut before June to be around 40%, down from nearly 50% in previous forecasts.Interest rate futures contracts continue to point to June as the most likely month for a rate cut to resume, with a higher probability of a second 25 basis point cut before the end of the year. (Jin Shi)

ChainCatcher news, according to market news, Robinhood has begun to launch futures trading including BTC, foreign exchange, and stocks.

ChainCatcher news, according to Digital Today, South Korean prosecutors will officially establish a special department dedicated to addressing cryptocurrency crimes and punishing cryptocurrency price manipulators and fraudsters. The Joint Investigation Unit (JIU) for virtual asset crimes operated by the Southern District Prosecutors' Office in Seoul will be officially launched "as early as February or at the latest in March."The department was established in July 2023 as a temporary task force. The latest initiative will enable the prosecution to effectively promote the joint investigation team, making it an independent organization.South Korean government officials stated that the Ministry of Justice is ready to incorporate the existence of the new agency into law. The ministry will draft an amendment to the "Prosecutors' Office Act Enforcement Decree," which may also "adjust the number of prosecutors allocated to the department," allowing the prosecution to "effectively and systematically respond to virtual asset crimes."The department is not only composed of prosecutors; its members also come from regulatory agencies such as the Financial Supervisory Service and the Financial Intelligence Unit (FIU). Other government agencies involved include the National Tax Service, the Korea Customs Service, and the Korea Deposit Insurance Corporation, with representatives from the Korean Exchange also joining the team.

ChainCatcher news, the full-chain ledger protocol Cycle Network will launch its alpha mainnet on January 28, 2025, and will provide incentives and developer reward programs. After the launch of the alpha mainnet, Cycle Network will gradually enable asset flow between Non-EVM and EVM networks, enhance cross-chain interoperability, and continue to support more chain abstraction developers.In addition, Cycle Network will collaborate with Symbiotic to build a bridge-less liquidity network supported by shared security infrastructure, addressing the fragmentation issue of dApps and promoting a unified Web3 ecosystem.It is reported that Cycle Network's first testnet was launched in February 2023 and was included in the seventh season of Binance Labs' incubation of the first batch of projects. The first GameFi platform on Cycle Network, Golden Goose, has over 800,000 active test addresses, with more than 100,000 users coming from TikTok, and the platform is expanding to Brazil and Japan.

ChainCatcher news, Matrixport released today's chart stating that since the merger in 2022, ETH's market performance has significantly lagged behind Bitcoin. Most of Ethereum's upgrades have had limited impact on ETH prices; rather than being major positives, they are more like stepping stones in the blockchain's journey towards widespread adoption.Wall Street's interest in Ethereum ETFs has also remained unstable, and Ethereum faces considerable pressure in responding to emerging market trends. For example, an increasing number of users prefer to issue Meme coins on lower-cost blockchains.However, Ethereum still has highlights, such as the issuance volume of the USDT stablecoin. Although Tron has lower transaction fees, the recent issuance of USDT on Ethereum has surpassed that on Tron, showing a certain advantage.Overall, Ethereum still faces many challenges in further consolidating its market positioning and value proposition.

ChainCatcher news, according to data from the Hong Kong Stock Exchange, the total assets under management of 3 Bitcoin spot ETFs and 3 Ethereum ETFs in Hong Kong reached HKD 4.05 billion, among which the total assets under management of the two Bitcoin ETFs and two Ethereum ETFs managed by OSL, Huaxia Fund, and Harvest Global Investments exceeded HKD 2.565 billion, accounting for 63%.

ChainCatcher message, according to the official announcement, Hotcoin exchange will launch $SPELL and $CORE perpetual contract trading on January 28 at 16:00 (UTC+8).$SPELL: Spell is the native token of the Abracadabra protocol, used for governance and incentives, allowing users to collateralize interest-bearing assets (such as yvYFI, xSUSHI) to generate the stablecoin MIM, suitable for various financial scenarios.$CORE: Core is an Ethereum-compatible blockchain that uses the Satoshi Plus consensus mechanism, combining Bitcoin mining and proof of stake, offering the functionality of Ethereum, the security of Bitcoin, and decentralization.

ChainCatcher news, MicroStrategy submitted Form S-3 mixed securities shelf registration to the U.S. Securities and Exchange Commission (SEC) on January 27, 2025. The company plans to issue various securities, including debt securities, Class A common stock, preferred stock, depositary shares, warrants, and mixed securities units. The raised funds will primarily be used to purchase more Bitcoin and for general corporate purposes.

ChainCatcher news, QCP Capital's latest analysis points out that Bitcoin has fallen below $100,000 along with other risk assets, mainly influenced by the ongoing fallout from Deepseek-related news since the weekend. The analysis suggests that Deepseek's breakthroughs in cost efficiency and open-source technology may pose a threat to the United States' AI dominance. Trump has previously successfully used tariffs to force Colombia to accept the repatriation of immigrants, and the market is paying attention to the measures he may take in response to AI competition. QCP Capital states that Bitcoin is unlikely to break through the current range until a national strategy for Bitcoin reserves is confirmed. The Trump administration's assessment of "national digital asset reserves" has not been sufficient to maintain market optimism. The options risk reversal indicator shows that bullish sentiment is concentrated after March. As Deepseek poses a threat to the U.S. market, Trump may take action to stabilize the market. Ahead of the January 30 FOMC meeting, market volatility and VIX remain high, but QCP Capital expects Bitcoin to maintain relative resilience.

ChainCatcher message, AdsPower fingerprint browser posted on social media, "On the evening of January 24, the AdsPower security team discovered an intrusion incident where hackers spread malicious code, leading to the tampering of some third-party browser plugins.The technical team immediately engaged in handling the incident, cutting off the hackers' channel for spreading malicious code and removing all plugins with potential risks. We have officially reported the incident to the Singapore law enforcement authorities and received a police receipt. The investigation into this incident is still ongoing."

ChainCatcher news, according to the Apple App Store free chart in China, Deepseek has become number one in the region.It is reported that DeepSeek's open-source model DeepSeek-R1 ranks third in the Chatbot Arena comprehensive list, alongside OpenAI's top reasoning models. With a low-cost strategy of 0.1 RMB per million tokens and outstanding performance, DeepSeek has attracted the attention of tech giants including Meta. The company was founded by Huansheng Quantitative in July 2023 and is hailed in the industry as the "Pinduoduo of the AI world."

ChainCatcher message, the encrypted exchange Phemex announced on platform X that deposits and withdrawals on Arbitrum One, Optimism, BSC, Polygon, and BASE chains have now resumed.

ChainCatcher news, Animoca Brands Chairman Yat Siu commented on Trump's plan to exempt domestic cryptocurrencies from taxes in the United States. He pointed out several issues with the plan: first, most token foundations are registered in Switzerland, the Cayman Islands, or Singapore; second, the origin of Bitcoin is unknown and most mining occurs outside the United States; furthermore, decentralized blockchains inherently possess a borderless nature.Yat Siu emphasized that due to previous SEC regulations, American institutions have almost exclusively issued tokens abroad. He suggested attracting foreign crypto companies to invest and build in the U.S. through inclusive tax incentives to create job opportunities, rather than implementing differentiated tax policies solely based on the location of token issuance.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X: "Retail investors holding < 1 BTC are selling, while other retail investors holding ≥ 1 BTC are buying."

ChainCatcher news, Eric Peterson posted on the X platform, stating that the capital gains tax on cryptocurrencies cannot be reduced to 0% because tax policy is set by Congress, not the President. He suggested that the industry should focus on more realistic goals, such as advocating for a de minimis exemption policy for small transactions similar to foreign exchange trading, to reduce the tax burden and achieve broader industry support.Previously, Dennis Porter called for the promotion of a $200 tax exemption policy for small cryptocurrency transactions.

ChainCatcher news, according to Bloomberg, BlackRock CEO Larry Fink stated that "it is possible to raise interest rates at some point in the next 12 months," but he also emphasized that this scenario is not his core prediction, just a possibility he sees.He mentioned that the bond market indicates inflation may be higher than people think, and if we look back to the U.S. Treasury market a year and a half ago, the U.S. was experiencing very high inflation.