ChainCatcher news, according to CME's "FedWatch": The probability that the Federal Reserve will keep the current interest rate unchanged until December is 4.0%, while the probability of a cumulative rate cut of 25 basis points is 96%. The probability of maintaining the current interest rate until January next year is 3.2%, while the probability of a cumulative rate cut of 25 basis points is 78.3%, and the probability of a cumulative rate cut of 50 basis points is 18.5%.

ChainCatcher news, according to Jinshi reports, Goldman Sachs believes that the Federal Reserve's interest rate cut in December is a foregone conclusion, followed by consecutive cuts of 25 basis points in January and March of 2025; subsequently, there will only be rate cuts in the June and September meetings. However, there are still some variables, as more and more Federal Reserve officials indicate that the FOMC may slow down the pace of rate cuts sooner, so there is a risk of pausing rate cuts in the January meeting.Traders now believe that the likelihood of the Federal Reserve cutting rates by 25 basis points at the meeting on December 17-18 is as high as 97%. However, due to stronger data in November, the risk of the Federal Reserve pausing rate cuts in early 2025 has increased. Powell's post-meeting speech and the latest economic forecasts will be crucial.

ChainCatcher message, Arkham has announced the completion of the Arkham Exchange Points Season 1 snapshot, and Season 2 is now live. Participants in Season 2 will earn points by trading on the Arkham Exchange and referring new Arkham Exchange users who deposit at least $100.Participants in Season 1 will receive a 50% reward based on the points earned during the season. The Season 1 snapshot also includes points earned by VIPs under the Intel platform referral program, which has now ended. After a thorough analysis of the snapshot to identify Sybil attackers, farmers, inactive user referrers, and other accounts attempting to game the system, the team will announce the date for the claim process.

According to ChainCatcher news, the CME "FedWatch" indicates that the probability of the Federal Reserve maintaining the current interest rate until December is 4%, while the probability of a cumulative rate cut of 25 basis points is 96%.

ChainCatcher news, ECB board member Müller stated, "The market expects another 100 basis points cut; the period of strong inflation is over, and I hope to see inflation around 2%." (Jin Ten)

ChainCatcher news, according to Jinshi reports, after the U.S. PPI and initial claims data exceeded expectations, Paul Ashworth, an analyst at Capital Economics, stated: "The components of the PCE, which the Federal Reserve prefers, are generally weak, and the CPI data released yesterday indicates that the core PCE month-on-month will only rise slightly by 0.03%.It now seems more likely that the Federal Reserve will continue to cut rates by 25 basis points next week." Meanwhile, last week, the number of initial jobless claims increased by 17,000, the highest level since mid-October last year, while economists expected a decrease of 4,000, to 220,000.

ChainCatcher news, according to Jinshi reports, after the release of the U.S. initial jobless claims and PPI data, U.S. Treasury yields narrowed their decline. The U.S. dollar index DXY briefly fell by 10 points, currently reported at 106.72.

ChainCatcher news, according to Jinshi reports, in the last interest rate decision of 2024, the European Central Bank lowered the deposit facility rate by 25 basis points to 3.00%, marking the third consecutive meeting with a 25 basis point rate cut, in line with market expectations; a total rate cut of 100 basis points for the year.

ChainCatcher news, the Nasdaq continues to rise, breaking through 20,000 points for the first time, setting a new historical high, with a cumulative increase of over 33% this year. (Jin Shi)

ChainCatcher message, according to Jinshi reports, after the release of the US CPI, the dollar index DXY fluctuated 20 points in the short term, reporting at 106.49.

ChainCatcher news, Brazilian asset management company Hashdex announced the appointment of former BlackRock executive Mick McLaughlin as Head of U.S. Distribution, aiming to expand the influence of its crypto asset ETF products in the U.S. market and strengthen the sales team.McLaughlin previously held executive positions at several institutions including Bitwise, Deutsche Bank, and Barclays. He stated that Hashdex, as a management company focused on crypto assets, is committed to driving the development of the global digital asset market through leading products and investor education.

ChainCatcher news, Bitget has launched the BGBTC (Bitget Wrapped Bitcoin) product. This product provides users with a simple and efficient way to increase their BTC holdings by combining automated intelligence and multiple yield models. After staking BTC, users will receive BGBTC tokens. Users participating in the subscription during the Pre-Launch period will receive a 2% annual yield and double BGPoints rewards. BGPoints are an important credential for users to enjoy multiple yields and will lead to airdrops from Bitcoin ecosystem (BTCFi) projects in the future. The Pre-Launch event runs from December 9, 15:00 - January 8, 15:00 PM (UTC+8).In addition, to ensure asset security, Bitget has partnered with Cobo to provide dual insurance. Users' BTC assets will be hosted by an MPC wallet and secured through multi-signature to ensure that each transaction is protected, preventing any party from unilaterally altering the transaction details.

ChainCatcher news, Pepperstone senior research strategist Michael Brown stated in a report that the rise in the U.S. unemployment rate should be sufficient to solidify the case for a 25 basis point rate cut by the Federal Reserve next week.In November, the U.S. non-farm payrolls increased by 227,000, exceeding analysts' expectations of 214,000 in a Wall Street Journal survey, but the unemployment rate rose from 4.1% reported last Friday to 4.2%. If Federal Reserve policymakers are concerned that Trump may hinder the decline in inflation during the early part of his presidency, or if there are potential upside inflation risks, they might consider skipping a rate hike in January. (Jin Shi)

ChainCatcher news, David Sacks, the newly appointed White House AI and cryptocurrency chief by Trump, shared his top ten views on Bitcoin on the social platform X, including:Started buying Bitcoin in 2013 when the price was only $130, and it has since increased by 76,000%;Deeply understands the importance of Bitcoin as a decentralized currency and its role in hedging against fiat currency devaluation;Believes that Satoshi Nakamoto should be a billionaire and highly recognizes the significance of his invention;Is making a fictional movie about Satoshi Nakamoto, "similar to watching 'The Social Network' without knowing who Zuckerberg actually is";Emphasizes the practicality of Bitcoin as a highly portable, non-seizable store of value;Believes Bitcoin has the potential to separate money from the state;Not a Bitcoin extremist, but thinks the advantages of Bitcoin may be the most apparent among all cryptocurrencies, and its price and relative stability reflect this;Invested in Bitcoin companies such as Lightning Labs, Fold, Bitwise, and Bitgo through Craft Ventures;Never thought he would be interested in payments after PayPal, but then Bitcoin emerged, "Bitcoin is realizing PayPal's original vision of creating new world currency";Deeply understands the significant meaning of Bitcoin as an invention of digital scarcity.

ChainCatcher message, in response to the recent market discussions about incorrect token information leading to investment losses, SoSoValue announced the launch of a community data verification bounty program. Users can identify and report information errors on the platform and receive EXP points as a reward.SoSoValue stated that if users discover any data errors on SoSoValue, they can report them through the community data verification program to earn EXP points as a reward. "Cryptographic tools and platforms need to enhance their financial seriousness; accuracy is always the top priority, and every investor and user deserves to be taken seriously."

ChainCatcher news, according to CME's "FedWatch," before the non-farm payroll data is released, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 72.1%, and the probability of a 50 basis point cut is 27.9%.

ChainCatcher message, the AI + blockchain project ORA announced the launch of Season 1 airdrop on social media, allocating 10% of the total token supply to participants in the points program.