ChainCatcher news, according to Forbes, in the latest move as traditional financial institutions increasingly embrace blockchain and tokenized assets, banking giant Bank of New York Mellon (BNY) has partnered with BlackRock to launch a real-time reporting tool—Digital Assets Data Insights.The collaboration between these two financial giants to develop on-chain valuation and reporting tools is expected to have a significant impact on discussions around accounting and reporting for cryptocurrencies. In short, the tool will allow for the direct publication of Net Asset Value (NAV) data onto selected blockchains without relying on third-party accounting services.Benefits associated with this tool include: Bank of New York Mellon being able to directly publish NAV data on-chain; enhanced credibility of tokenized funds due to increased transparency and real-time information; and other products benefiting from a more comprehensive toolkit tailored specifically for tokenized information.

ChainCatcher news, according to Hong Kong media Ming Pao, the Hong Kong Legislative Council's Special Finance Committee document has announced the progress of the JPEX case. As of February 28 this year, the police have received 2,636 reports, involving approximately HKD 1.616 billion, and a total of 80 people have been arrested.The total value of frozen assets is approximately HKD 228 million, including property assets, luxury cars, bank account balances, cash, and cryptocurrencies valued at about HKD 14.5 million. Among them, 1,311 reportees have provided statements, while 666 have indicated they will not pursue the matter, and the remaining 659 have not been contacted. The Hong Kong police stated that the investigation is still ongoing, including seeking legal advice from the Department of Justice regarding evidence related to different parties involved in the case.

ChainCatcher news, according to CoinDesk, World Liberty Financial (WLFI) has officially denied recent rumors about its sale of Ethereum (ETH). Previously, it was reported that a wallet address marked by Arkham as related to WLFI sold approximately $8 million worth of ETH when the price of ETH dropped to $1,465. In response, a WLFI spokesperson stated, "The claims regarding WLFI selling its holdings are completely untrue, and no assets have been sold; the related speculation is erroneous."

ChainCatcher news, economist Peter Schiff posted on X that House Republicans have just passed Trump's ugly massive budget proposal. This budget will lead to higher spending and a larger budget deficit than Biden's. Worst of all, we have just freed ourselves from the shackles of foreign lenders. Get ready for indefinite quantitative easing.

ChainCatcher news, according to Jinshi reports, the U.S. House of Representatives has passed a plan to advance Trump's tax cuts and raise the debt ceiling.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, multiple whales on the brink of liquidation have sold 9,000 ETH for 14.01 million USDT in the past 20 minutes.In total, they have sold 35,881 ETH for 56.05 million USD in the past 2 hours, with an average selling price of 1,562 USD, and currently hold only 2,688 ETH.

ChainCatcher news, according to Ember monitoring, a giant whale that was on the verge of liquidation sold another 9,000 ETH for 14.01 million USDT in the past 20 minutes.In total, it has sold 35,881 ETH for 56.05 million dollars in the past 2 hours, with an average selling price of 1,562 dollars, and currently holds only 2,688 ETH.

ChainCatcher news, according to Lookochain monitoring, a certain whale sold 28,999 ETH (45.2 million USD) at an average price of 1559 USD to repay debts.

ChainCatcher news, according to Ember monitoring, a certain whale has repeatedly been close to liquidation of its ETH position, and has now chosen to sell most of its ETH to repay the loan. This address sold 26,881 ETH in the past hour and a half, obtaining 42.04 million DAI and repaying all the loans, thus unwinding the leverage.After repaying the loan, this whale still holds 11,600 ETH.

ChainCatcher news, according to Coindesk, Ripple and the Boston Consulting Group (BCG) predict in their latest report that the global asset tokenization market could reach $18.9 trillion by 2033, with a compound annual growth rate of 53%.Tokenization is the process of converting real-world assets such as bonds and real estate into digital assets via blockchain, which can enhance transaction efficiency and reduce costs. Currently, financial giants like JPMorgan and BlackRock have launched related pilot projects.The report points out that the driving forces behind tokenization come from areas such as government bonds, private credit, and carbon markets, while also facing challenges like fragmented infrastructure and unclear regulations. Nevertheless, technology and market infrastructure are gradually improving, with clear rules established in places like Switzerland, the EU, and Singapore.Ripple and BCG believe that tokenization could unlock trillions of dollars in value and facilitate the realization of a 24/7 market.

ChainCatcher news, the US Dollar Index DXY has dropped nearly 20 points in the short term, currently at 102.53. The Euro to US Dollar EUR/USD has risen over 0.50% today, currently at 1.1003.

ChainCatcher news, according to Jinshi reports, U.S. Trade Representative Greer stated that Trump's power to impose tariffs is not unlimited; U.S. companies will become more efficient when gaining access to overseas markets; it is expected that a few countries will open their markets to exports to the U.S., which will help in manufacturing products in the U.S.

ChainCatcher news, according to Cryptonews, CoinShares analysts pointed out that Bitcoin's current trend may replicate the crash rebound pattern of 2020. Under the geopolitical shock triggered by the tariff dispute, Bitcoin has fallen 30% from its late January peak, and net inflows into exchange-traded funds (ETFs) have decreased by 10% from their peak.Analysts stated that despite the current macroeconomic pressures and bearish technical signals, this downward trend is similar to 2020, when a strong rebound was driven by a shift in monetary policy and investor optimism following a deep correction. Analysts believe that although the current challenges are different from those during the COVID crisis, the fundamental dynamics are strikingly similar.