ChainCatcher news, FOX Business reporter Eleanor Terrett reported that for the first U.S. cryptocurrency summit held at the White House last Friday, investors and industry observers had hoped to hear specific plans from the Trump administration to make the U.S. the "crypto capital," but the summit's content remained vague, with mixed reactions.Nevertheless, attendees generally felt positive about the atmosphere of the meeting and were optimistic about the government providing more regulatory clarity in the future. Former CFTC Chairman Christopher Giancarlo commented, "This summit is clearly a way for this administration to open its arms to the industry; it's their way of saying 'you have been persecuted, and now we celebrate you.'" Ripple CEO Brad Garlinghouse bluntly stated that the attitudes of the two administrations towards cryptocurrency are completely different: "The Biden administration wants to put us in the 'big house,' while the Trump administration directly invited us to the White House."The meeting was hosted by Sacks and Hines and took place in the East Room of the White House. Before the meeting, guests also had informal networking drinks with government officials, but some officials, such as Acting Comptroller of the Currency Rodney Hood, only attended the drinks and did not participate in the formal meeting.

ChainCatcher news, according to The Block, investment bank TD Cowen expressed caution regarding the "crypto strategic reserve" plan announced by U.S. President Trump on Sunday, stating that the plan lacks coordination and does not clarify the source of funding.The TD Cowen Washington research team noted in a report released on Monday: "We advise against overreacting to this social media post. The initial version did not even include Bitcoin and Ethereum in the reserve scope, indicating that the plan has not been fully coordinated." The research team also emphasized that Trump did not discuss how the government would acquire funds to purchase these tokens, raising questions about the feasibility of the plan.Meanwhile, the White House's first cryptocurrency summit is scheduled for this Friday, hosted by crypto mogul David Sacks, with Trump set to speak, and key industry figures and investors expected to attend. TD Cowen stated: "This summit is important and will reveal how the Trump team intends to advance legislation on stablecoins and the structure of the crypto market."

ChainCatcher news, 21Shares strategy director Eliezer Ndinga stated that the recent rise in cryptocurrency prices (especially altcoins) is mainly driven by discussions around the U.S. strategic crypto reserves, but the market reaction may be overly optimistic.He pointed out that establishing a strategic reserve requires congressional approval and involves several complex issues: asset allocation ratios, holding periods, the proportion of holdings relative to total supply, market integrity measures, and asset protection mechanisms.Ndinga believes this process will take longer than the market expects. Trump may use his social media influence to set preliminary conditions for Congress, but the proposal may face multiple revisions and delays, ultimately leading to a cooling of current market enthusiasm.

ChainCatcher news, according to Cointelegraph, recently, regarding the February 21 hack of Bybit exchange that resulted in a loss of $1.5 billion, Ethereum core developer Tim Beiko stated that although some in the crypto industry are calling for the Ethereum network to be restored to its state before the attack, it is almost impossible to achieve from a technical perspective.Beiko emphasized that, unlike the 2016 TheDAO hack incident, this attack did not violate Ethereum protocol rules, and a rollback would lead to widespread and difficult-to-repair chain reactions, potentially causing more destructive consequences than the hacker's losses. Furthermore, a rollback would undo all settled on-chain transactions while being unable to reverse off-chain transactions.Other industry figures have expressed similar views. Ethereum educator Anthony Sassano pointed out that the current complexity of the Ethereum ecosystem makes a simple rollback of the infrastructure unfeasible. Yuga Labs' blockchain vice president even warned that the cost of a rollback could far exceed $1.5 billion.Previous news, when asked whether he supports rolling back Ethereum to the state before the hack, Bybit CEO Ben Zhou stated, "This is not something one person can decide. Based on the spirit of blockchain, perhaps it should be decided through a community vote, but I'm not sure."

ChainCatcher news, according to CoinDesk, the Bitcoin Volatility Index (DVOL) of the options exchange Deribit has been continuously declining since January 20, dropping from a high of 72 to about 50.8.Analysis indicates that this trend suggests Bitcoin is maturing as an asset class, with investors no longer reacting violently to short-term market shocks, and its performance increasingly resembling the dynamics of commodity markets and traditional safe-haven assets.The market is closely watching the release of the Federal Reserve's January meeting minutes, particularly regarding the potential impact of the new tariff policy proposed by Trump. On the macroeconomic front, the U.S. Department of Labor will release weekly unemployment insurance claims data for the week ending February 15 on February 20, with initial jobless claims expected to be 215,000, compared to the previous value of 213,000.Additionally, Federal Reserve Governor Adriana D. Kugler will give a speech on the topic of "Navigating the Inflation Wave on the Phillips Curve."

ChainCatcher news, crypto analyst Miles Deutscher posted on social media that a typical sign has emerged indicating that the market currently leans bearish (lights out mode). The market's reaction to news can tell investors all they need to know about sentiment; in a bull market, the market disregards bad news but rallies on good news. In a bear market, the opposite is true, with the market ignoring good news and dropping on bad news. It is important to observe early signs of trend changes, and the market's reaction to news is a simple way to do this.

ChainCatcher news, according to an analysis by Santiment, due to a significant drop in global stock markets this week, the cryptocurrency market has also seen a decline. Public opinion seems to attribute the crash to "Trump's trade war." Whether this is the main reason or if there are other factors, the reaction from traders in the cryptocurrency community has been very negative.Currently, BTC has rebounded to the $96,000 range, and it may not be over yet. However, is this surge intended to prompt "aggressive" retail traders to sell when the local bottom is reached? Historically, the market almost always moves in the opposite direction of public expectations, and there may be buying opportunities when most traders are skeptical about cryptocurrencies.

ChainCatcher message, DWF Labs partner Andrei Grachev posted that they are "slowly buying in," but then reminded investors: "We need to wait a few more hours to observe the reaction of the U.S. stock market. Everything is currently full of risks, please act cautiously and do your own research (DYOR)."

ChainCatcher news, before Trump's inauguration speech, the dollar had already fallen by more than 1%, as there were reports that he would issue a memorandum directing federal agencies to investigate and work on improving the persistent trade deficit.Kristina Clifton, an economist at the Commonwealth Bank of Australia (CBA), stated that despite this, Trump did not impose any new or higher tariffs (in the speech). He reiterated plans to combat illegal immigration, reduce inflation by declaring a national energy emergency, end the Green New Deal, and revoke electric vehicle mandates. On Monday, the U.S. market was closed due to the Martin Luther King holiday, so the full market reaction to Trump's speech would not be known for several hours. She added that expectations in U.S. politics for new policies to be announced this week might be too high, and therefore, the dollar could continue to decline.

ChainCatcher message, according to the SoSoValue macro sector display, on December 18th, at the interest rate meeting, the Federal Reserve lowered interest rates by 25 basis points as expected, bringing the target range for the federal funds rate down to 4.25%-4.50%. For the rate cut pace next year, the Federal Reserve adjusted its expectations from "four rate cuts" to "two" through the latest dot plot. In addition, the Federal Reserve raised its expectations for future core PCE inflation and GDP growth, which is consistent with Powell's remarks, all conveying a more "hawkish" signal than the market expected. Data shows that the market risk sentiment VIX index rose to its highest point since early August (when the Bank of Japan raised interest rates).SoSoValue analysts stated that the FOMC proposed an unexpectedly aggressive rate cut plan, coupled with Powell's "hawkish" remarks, led to a shift in market sentiment towards panic, with U.S. Treasuries even overreacting. The U.S. stock market subsequently corrected, while the dollar strengthened. Overall, all risk assets reacted strongly to the FOMC's latest signals. Based on macro data, we believe that the fundamentals of the U.S. economy remain unchanged, the dollar remains strong, and consensus-driven assets such as cryptocurrencies continue to be a destination for capital inflows. Each market correction driven by sentiment in the game is a good entry point, and we recommend maintaining risk exposure at this time.

ChainCatcher news, Pepperstone analyst Michael Brown stated that the market seems to be overreacting to the messages from Federal Reserve Chairman Powell. The senior research strategist mentioned in a report that the market currently expects only 31 basis points of rate cuts from the Federal Reserve in 2025. The U.S. Treasury market reacted to signals of the Federal Reserve slowing down its rate cut pace, leading to a subsequent sell-off.Data from Tradeweb shows that the yield on the two-year U.S. Treasury note fell by about 1.5 basis points to 4.342%, while the yield on the ten-year U.S. Treasury note rose by about 2 basis points to 4.522%.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform that BTC suddenly surged today, possibly in response to the U.S. presidential election.Eric Balchunas added, "If anyone thinks Bitcoin is not a good indicator to watch today, please tell me why. In my view, BTC seems to be a clean indicator because it's a topic in the campaign, while stocks and bonds are less important, but I'm open to other thoughts."

ChainCatcher news, according to China Fund News, the "Trump trade" seems to have cooled down, and the virtual currency market is once again "bleeding." Previously, analysts pointed out that the rise in cryptocurrency was related to multiple news stimuli. Among them, Trump's polling surpassing Harris was the biggest stimulating factor. Given Trump's high enthusiasm for the crypto industry, during the campaign, the crypto industry spent a significant amount of money to promote its agenda, and Bitcoin was also referred to as the "Trump trade." As Trump leads in the prediction market, Bitcoin also "rose with the tide."Ed Yardeni of Yardeni Research Inc. wrote in a report: "While Bitcoin may decline if Harris wins the election, the response of Bitcoin to Trump's election as president is harder to gauge. Bitcoin may continue to rise, or considering the increase so far this year, it may experience the typical 'buy the rumor, sell the news' situation."

ChainCatcher news, Nic Carter, co-founder of Castle Island Ventures, stated on his social platform that the hype around meme coins is largely a reaction to the oppressive regulation by the U.S. Securities and Exchange Commission. If the SEC regulates rationally, the demand for trading meme coins in the market will decrease.Nic Carter also mentioned that, just like in the past decade, the fundamental desire to trade meme tokens has always been present.

ChainCatcher news, according to Whale Alert monitoring, a dormant address holding 21 bitcoins (approximately $1.516 million) has been reactivated after 10.9 years.The bitcoins in that address were worth only $16,252 in 2013.

ChainCatcher news, Bank of America’s renowned strategist Hartnett pointed out that the current market reaction to a 50 basis point rate cut by the Federal Reserve seems to be following the script of "soft landing" or "panic rate cuts." The U.S. stock and credit markets are digesting expectations of a 250 basis point rate cut by the Federal Reserve by the end of 2025, along with an 18% growth in earnings for S&P 500 constituents. "The risks haven't improved much, so investors are forced to chase the 'uptrend,' and the 'bubble risk' is making a comeback."Regarding the reasons for this euphoric rise, Hartnett explained in his latest report that when there is no panic (at least not yet), Wall Street's favorite is "panic rate cuts." At the same time, the Federal Reserve hopes to cut rates by 50 basis points so that real interest rates can decline from their highest levels this century, preventing layoffs in the small business sector that is already in recession.

ChainCatcher news, investors originally expected the market to be highly volatile after a significant rate cut by the Federal Reserve, but instead, they saw a calm and stable market. However, this tranquility may dissipate quickly."I don't think this calm will last long," said Brian Jacobsen, Chief Economist at Annex Wealth Management, noting that the stock market reversed later that evening, which may indicate a weaker outlook for stocks, "unless we get some data that can provide a clear sense of direction." Jacobsen stated that the market will be watching for upcoming data, such as Thursday's initial jobless claims. Jacobsen said, "The Federal Reserve is clearly in a catch-up mode and is trying to make up for lost time with the recently implemented rate cuts."

ChainCatcher news, on September 15 local time, Trump was attacked again, fortunately without injury. According to 4E Exchange observations, after the incident, U.S. stock index futures, the dollar, and the cryptocurrency market remained relatively stable. Polymarket data shows that Harris's probability of winning the presidential election has slightly decreased by 1%, currently at 50%, still slightly higher than Trump's 49%.The incident occurred during a low-volume weekend, with the market performing relatively calmly, but it may trigger volatility in the foreign exchange market. The current focus of the market remains on the upcoming Federal Reserve meeting scheduled for September 17-18.According to the latest updates, the probability of a 50 basis point rate cut has risen to 45%, after briefly dropping to single digits earlier last week. U.S. stocks rose for five consecutive days last week, with the S&P 500 up a cumulative 4.02%, just 0.7% away from its all-time high; the Nasdaq rose a cumulative 5.95%; and the Dow Jones increased by 2.6%, just about 0.5% away from its previous high.4E Exchange is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, and is a platinum sponsor for Token2049 in 2024. With the Federal Reserve meeting approaching, 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news, despite the U.S. inflation rate dropping to its lowest level in three years, the financial markets have yet to react even as investors hope for a potential rate cut by the Federal Reserve. Particularly in the crypto market, there has been virtually no impact from this news, with Bitcoin and others quickly recovering their upward momentum after a brief decline. The cryptocurrency market's muted response to the inflation report is partly due to growing investor interest in the bond market, as well as the brewing storm of the U.S. presidential election.Harris's strong performance in the recent debate has reignited hopes for the Democrats to win the White House, which is seen as a possible harbinger of dovish monetary policy. Conversely, if Trump wins re-election, it could increase government spending and subsequently put upward pressure on interest rates. U.S. Treasury yields have been directly impacted by this shift in investor sentiment, and this sudden change in market mood indicates a significant shift in investor attitudes, exacerbating pessimism about the economy and the general expectation of lower borrowing costs.Market observers note that caution remains the prevailing sentiment in the market. Investors are exercising restraint, choosing to wait for clearer signals before rebalancing their portfolios. (Jin Shi)