ChainCatcher news, the number of initial jobless claims in the U.S. for the week ending December 21 was 219,000, expected 224,000, previous value 220,000.The four-week average of initial jobless claims in the U.S. for the week ending December 21 was 226,500, previous value 225,500.The number of continuing jobless claims in the U.S. for the week ending December 14 was 1.91 million, expected 1.88 million, previous value revised from 1.874 million to 1.864 million.

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the U.S. for the week ending December 21 was 219,000, expected to be 224,000, and the previous value was 220,000.The four-week average of initial jobless claims in the U.S. for the week ending December 21 was 226,500, with the previous value being 225,500.The number of continuing jobless claims in the U.S. for the week ending December 14 was 1.91 million, expected to be 1.88 million, and the previous value was revised from 1.874 million to 1.864 million.

ChainCatcher message, according to The Data Nerd monitoring, 4 hours ago, a certain address exchanged $69,100 for 10.3 million MIRA, which are worth $657,000, but he has not sold any tokens.2 months ago, he exchanged $12,200 for 17.31 million FARTCOIN and sold 4.77 million tokens for $1.2 million. He still holds 12.54 million FARTCOIN, worth $12.16 million, with an expected total profit of $13.36 million and a return on investment of x1090.

ChainCatcher news, Sign CEO Yan Xin stated in a post on X that Sign's revenue for 2024 reached $15 million, achieving the total capital raised externally by the company to date. Its product TokenTable has distributed tokens worth $2 billion to 40 million addresses.Last week, Sign used profits to purchase $10 million worth of Bitcoin. These Bitcoins will increase its treasury reserves, and remaining and future profits will be used for SIGN token buybacks. Sign will soon launch a new product and offer token rewards. At that time, the $10 million worth of Bitcoin will be distributed to users.In addition, Yan Xin mentioned that one of the company's biggest advancements in the past year is SignPass, which is deeply collaborating with Sierra Leone's digital infrastructure and plans to establish more partnerships with other countries.

ChainCatcher message, DeFiLlama data shows that pump.fun's total revenue has exceeded 300 million dollars, with December's revenue reaching 63 million dollars, second only to November's historical record of 93 million dollars.

ChainCatcher news, ai16z co-founder Shaw announced on X the Discord speech of aiPool founder Skely.It is reported that Skely's frozen X account has undergone manual review by X officials and was determined to be in violation of "impersonation." Skely stated, "The freezing of my X account is due to malicious reports from scammers."ChainCatcher previously reported, according to the X page, aiPool founder Skely (@123skely) account has been frozen, and the reason is still unclear.It is reported that the aiPool project is an innovative experiment utilizing artificial intelligence agents for autonomy and a presale mechanism, with the token expected to launch around noon Eastern Time on December 24, 2024.Previously, Skely conducted a token presale in his aiPool experiment using the Eliza framework, raising 25,000 SOL in 60 minutes, worth approximately 4.72 million USD.

ChainCatcher news, according to CoinDesk, renowned crypto analyst Omkar Godbolev published an analysis stating that the price chart of SOL shows a "bullish return" pattern. According to technical analysis theory, this pattern is seen as a low-risk opportunity for trend breakout traders. The price of SOL surged over 7% this week to $193, rebounding from a previous resistance level identified by a trendline connecting the highs of March and July, which has now turned into support. This line, along with the line connecting the lows of April and August, defines a large descending channel that includes long-term fluctuations from March to October. The price of SOL broke out of this channel in early November, confirming the bullish inclination. SOL quickly climbed above $260, then retraced to the breakout point last week, which technical analysts refer to as a bullish "return pattern."Technical analysis masters Charles D. Kirkpatrick II and Julie R. Dahlquist stated in their book Technical Analysis: The Complete Resource for Financial Market Technicians: "A pullback occurs when the price breaks upward and then 'retracts' to its breakout level. Retracements are excellent levels to participate in an upward trend. Their timing and distance are often short, but they typically provide a second, lower-risk entry opportunity for breakout traders." Breakout traders look for assets that struggle to surpass specific levels. When the price finally breaks through, these traders enter the market, anticipating significant volatility in the direction of the breakout. Trading breakouts requires constant market monitoring and careful assessment of price and volume trends. Traders who miss the initial breakout often hope to enter during a successful retracement, just like SOL. These entry points are usually considered lower risk because potential exit points or stop-losses can be set just below the breakout point.Prospect theory suggests that people tend to avoid risk when realizing gains. In other words, when potential profits arise, traders often take those gains rather than letting winning trades continue. This trend explains why the first pullback after a breakout does not last long and prices typically retreat to the breakout point. This is because traders who entered with the breakout quickly take profits during the subsequent rise. Traders who missed the first breakout may view the retracement as a second entry opportunity. They go long at the breakout point, ensuring that the support level holds. This explains the rebound of SOL from a key level. If SOL continues to rise, those who took profits shortly after the initial breakout may regret doing so and buy new long positions, further enhancing the bullish momentum, and this is how trends develop. In the second half of 2023, a similar return pattern played out perfectly in Bitcoin, laying the groundwork for a massive bull market. Note that if the price of SOL fails to rebound, the bullish retracement pattern will fail, allowing for a pullback back into the channel.

According to ChainCatcher news, monitored by Spot On Chain, a giant whale created a new wallet 26 hours ago and transferred 18.3 million USDC to the Hyperliquid platform via bridging to purchase HYPE tokens. As of now, the whale has spent 12.22 million dollars to buy 428,867 HYPE, with an average purchase price of 28.5 dollars per token.

ChainCatcher news, The Block CEO Larry Cermak pointed out in The Scoop podcast that there have been at least three instances of a 20% drop in previous crypto bull markets. He said, "Even the recent drop has not reached 20%. In historical bull markets, this usually happens once or twice, and sometimes even three times. It can clear out over-leveraged positions in the market and build momentum for the next rally." Larry Cermak added, "Clearing out over-leverage is beneficial. Of course, bull markets often end this way."

ChainCatcher news, Cointelegraph disclosed data on the X platform showing that pump.fun has exceeded $60 million in monthly revenue for the second consecutive month.

ChainCatcher news, South Korean lawmaker Choi Eun-sik has proposed an amendment to the "Foreign Exchange Transactions Act," aimed at preventing money laundering and other foreign exchange crimes related to virtual assets. The amendment proposes the establishment of a monitoring system for virtual asset transactions, the improvement of the institutional foundation for financial technology foreign exchange services, the enhancement of the convenience of foreign exchange transactions for individuals and businesses, and the strengthening of the intelligent construction of the foreign exchange monitoring system.He stated that the rapid development of virtual assets and financial technology in recent years has diversified cross-border transaction methods, but current laws have failed to cover these changes, leading to regulatory blind spots, particularly as money laundering involving virtual assets and illegal foreign exchange transactions have become increasingly serious.According to data from the Financial Intelligence Unit (FIU), the number of suspicious transaction reports from virtual asset merchants increased by 48.8% last year compared to the previous year. The Ministry of Finance plans to add definitions for virtual assets and virtual asset merchants next year and requires virtual asset merchants to register before conducting cross-border transactions and to regularly report users' transaction records to the Bank of Korea.The amendment is expected to be implemented in the second half of next year.