ChainCatcher news, according to the popularity index data from the Web3 asset data platform RootData, as of December 13 at 10:00, in the Top 50 ranking of skyrocketing projects, Push Protocol has surged 966 places, with the token PUSH seeing a 24-hour increase of 35.5%.Push Protocol is a decentralized notification protocol that allows any smart contract, Dapp, or traditional server to send notifications related to user wallet addresses in a platform-agnostic manner (i.e., notifications can be integrated and displayed in any crypto wallet, mobile application, extension, or Dapp). Push Protocol is designed to build a native Web3 communication protocol, enabling users to communicate with each other on-chain.It is reported that RootData has launched the first "Web3 Hot Projects Ranking." This popularity ranking helps users capture the real pulse of attention and improve the accuracy of investment decisions through 4.3 million real user behavior data. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, citing sources from The Wall Street Journal, reports that the American hedge fund Starboard Value has acquired a stake in Riot Platforms, with specific shareholding details unclear, and is pushing the company to improve its business model.According to reports, Starboard has been urging Riot to convert some of its Bitcoin mining sites into data centers to host machines for large tech companies, providing high-performance computing (HPC).Riot is currently a "pure" Bitcoin miner, with its revenue solely coming from Bitcoin mining, while some of its peers, such as Core Scientific (CORZ), utilize a significant portion of their facilities for HPC and artificial intelligence computing.

ChainCatcher news, according to The Block, the Web3 notification protocol Push Protocol announced plans to launch the Layer 1 blockchain Push Chain. The main features of this chain include wallet and gas fee abstraction, sharding, and sub-second transaction finality. The initial testnet for Push Chain is planned to be released in phases in mid-January 2025, with the mainnet to be launched later that year.

ChainCatcher news, local time today (December 10) afternoon, the South Korean National Assembly passed the "Permanent Special Investigation Act" with a vote result of 210 in favor, 63 against, and 14 abstentions, to investigate the insurrection charges related to President Yoon Suk-yeol's late-night declaration of "emergency martial law" and other issues disrupting constitutional order.The subjects of the investigation include South Korean President Yoon Suk-yeol, former Defense Minister Kim Dong-yeon, and other key figures involved in the "emergency martial law." The ruling party in South Korea stated today (December 10) that it will push for President Yoon Suk-yeol to step down early next year and hold early elections, while the opposition parties expressed their determination to expedite the impeachment of Yoon Suk-yeol. (Jin Ten)

ChainCatcher news, according to Jinshi reports, Societe Generale predicts that by the end of 2025, the 10-year U.S. Treasury yield will rise to 4.5%, while the 2-year U.S. Treasury yield will fall to 3.5%.The reason is that the Federal Reserve's continued interest rate cuts will lower short-term rates, but will also stimulate the economy and increase the fiscal deficit, leading to increased demand for long-term government bonds, which will cause long-term yields to rise.In addition, Trump's tariff plan may raise inflation expectations, and the U.S. government is expected to increase the issuance of government bonds to address the fiscal deficit, both of which will push up yields.

ChainCatcher news, according to Protos, Mango DAO members John Kramer and Max Schneider successfully pushed a proposal last week to lock 80 million MNGO tokens in exchange for 67.5 million token options. However, Mango Labs founder Dafydd Durairaj warned that this proposal "could be seen as a sale of MNGO, jeopardizing our settlement agreement with the SEC."Durairaj opposed the proposal within the community, stating that this move would lead the SEC to re-examine the case, and all members could face legal consequences. Meanwhile, the proposal "consolidated the two's complete control over the DAO."It is reported that both Schneider and Kramer are core members of Mango DAO, and Mango Labs had filed a lawsuit in October this year, accusing the two of attempting to misappropriate $10 million in DAO funds during the Avraham Eisenberg case.

ChainCatcher news, according to Kitco, macroeconomic expert and host of the Bitcoin podcast "Mark Moss Show," Mark Moss, stated that Trump positioning himself as the "Bitcoin President" could drive the U.S. to adopt a strategic Bitcoin reserve, which would trigger a "game" leading to other countries' "sovereign-level FOMO (fear of missing out)."Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill to establish a strategic Bitcoin reserve, planning to add 200,000 Bitcoins annually until the total holdings reach 1 million. Under Trump's leadership, this plan is "very likely" to become a reality, "If the U.S. does this, G7 and G20 countries will be affected... Other countries have already started paying attention to this matter and begun purchasing Bitcoin, which has provided significant upward momentum for Bitcoin's price."

ChainCatcher news, according to Jinshi reports, based on market news, the Trump team plans to push for the dismissal of the Georgia 2020 election case.

ChainCatcher news, according to The Block, investment research firm Bernstein's latest report predicts that regardless of the outcome of the U.S. election, the price of Bitcoin is expected to reach $200,000 by the end of 2025. Analysts believe that Trump is viewed as a pro-cryptocurrency candidate, while Harris may continue the Democratic Party's tough stance from the past four years.Bernstein analysts expect that if Trump wins, the price of Bitcoin could break its all-time high before Inauguration Day (January 20, 2025), reaching between $80,000 and $90,000. In contrast, a Harris victory could lead to Bitcoin dropping to $50,000 during the same period, higher than the previously predicted range of $30,000 to $40,000.The report points out that the main drivers of Bitcoin include the loosening of U.S. fiscal discipline, record debt levels, and monetary expansion, all of which have increased the demand for hard assets. The success of the U.S. spot Bitcoin ETF has further accelerated this trend.

ChainCatcher news, Zhao Changpeng responded to comments on social media regarding "CZ has become stronger," stating that he can currently do 300 push-ups in 30 minutes, but his recovery speed is not fast enough, allowing him to do them only once a week. A stronger body is a positive gain during difficult times.

ChainCatcher news, the airdrop frenzy of the Ethereum L2 network Scroll has pushed the Ethereum blob fees up to $4.52, marking the third significant increase in blob fees since the Ethereum Dencun upgrade in March. Crypto data analyst Hildobby posted on X that the rise in blob fees is related to Scroll opening airdrop claims.According to data from Dune Analytics, on October 22, blob fees reached a four-month high of $4.52.The significant increase in blob fees has only occurred twice before: once during the surge of L2 activity in July, and once during the launch of Blobscriptions on March 27, a protocol that allows users to directly inscribe data onto blobs.Analysis indicates that the increase in blob fees is a double-edged sword for Ethereum. More expensive blobs will lead to higher blob gas payments to the network; however, they will also raise the costs of executing transactions and transfers on Ethereum L2.

ChainCatcher news, according to The Block, as the fourth quarter of 2024 approaches, some analysts predict that Bitcoin and the broader cryptocurrency market will continue to rise, primarily driven by institutional adoption and macroeconomic factors.Gabriel Selby, Chief Research Analyst at CF Benchmarks, stated in the report: "Against the backdrop of macro changes and institutional adoption, digital assets are expected to continue growing in the fourth quarter as sovereign balance sheets come under pressure, and investors will seek long-term hedging tools like Bitcoin."Selby noted that after the presidential election on November 5, there could be significant changes in the U.S. regulatory landscape, creating a favorable environment for cryptocurrency innovation. "We are seeing conditions that enhance investor confidence and drive capital formation."Ryan Lee, Chief Analyst at Bitget Research, is also bullish on Bitcoin's performance in the last quarter. He stated: "Bitcoin is expected to perform better in October than in September, with a target price range of $58,000 to $72,000."Lee pointed out several compelling signs in the derivatives market, including multiple instances of negative funding rates in Bitcoin futures in September, and the fear and greed index still hovering in the "extreme fear" zone. "Historically, these factors often herald the arrival of a significant rebound."

ChainCatcher news, according to The Block, SkyBridge Capital founder and managing partner Anthony Scaramucci stated that some U.S. cryptocurrency supporters are currently working with Vice President Kamala Harris to push the Democratic Party away from Senator Elizabeth Warren and SEC Chairman Gary Gensler.Anthony Scaramucci indicated that this could lead to more positive legislation and clearer regulations regarding stablecoins and a broader cryptocurrency regulatory framework. The election of former President Donald Trump could trigger an "avalanche" against his campaign opposition, which may pose a "danger" to achieving bipartisan consensus on cryptocurrency policy in the U.S.

ChainCatcher news, according to Bloomberg, informed sources revealed that Elliott Management has acquired a significant stake in SoftBank Group Corp. and is pushing for a $15 billion buyback plan.According to the FT, Elliott has accumulated shares worth over $2 billion and has been in contact with SoftBank executives in recent months. Elliott believes that such a large-scale stock buyback will help founder Masayoshi Son convey his confidence in SoftBank to the market. The company's stock price rose 4.6% in Tokyo.This is Elliott's second attempt at SoftBank, which was once one of the largest and most influential technology investment firms in the world. Elliott accumulated about $3 billion in shares in 2020, after which SoftBank significantly accelerated its buyback pace. Elliott later sold most of its stake in SoftBank.A representative from SoftBank declined to comment. A representative from Elliott did not immediately respond to a request for comment.In recent years, SoftBank has reduced its bets on startups. After the value of key assets like Arm Holdings Plc soared, the company is preparing to increase its investments in artificial intelligence and other areas.

ChainCatcher news, according to Jin10, after the release of the U.S. May S&P Global Manufacturing and Services data, the dollar index DXY continued to rise, with a short-term increase of nearly 30 points. Swap market traders have pushed back their estimates for the Federal Reserve's first rate cut from November to December.

ChainCatcher news, according to Cointelegraph, Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), will resign due to recent scandals involving the FDIC.It is reported that during his tenure, Martin Gruenberg pushed to prevent banks from holding crypto deposits or providing banking services to crypto companies. In 2022, he also compared crypto assets to high-risk financial innovations such as subprime mortgages and mortgage-backed securities that led to the 2008 financial crisis in a speech.The FDIC is an independent U.S. government agency that provides insurance for depositors in U.S. commercial banks and savings banks.

ChainCatcher news, QCP Capital stated that the U.S. CPI data triggered a breakthrough in risk assets, with BTC prices rising above $66,000. They expect this momentum could push prices back to the $74,000 high.In addition, they noted that institutional demand continues to grow, with large asset management firms Millenium and Schonfeld investing 3% and 2% of their assets under management into BTC spot ETFs, respectively. With significant adoption by sovereign and institutional investors, easing inflation, and the upcoming U.S. elections, this breakthrough may signal the return of a bull market.