ChainCatcher message, the divine fish shares its trading insights on its social platform, "Every 'buy more as it rises' trade is essentially not trading in the market, but trading self-worth. Increasing positions is not due to new insights about the market, but because we need greater profits to maintain a grander self-illusion. The market becomes a mirror; what we are obsessed with is not the profit itself, but that 'invincible' self in the mirror.This is why all advice about trading discipline and systems, while correct, is difficult to truly change behavior. Because you cannot fix an existential problem with technical solutions.The most ironic thing is: we think we are using money to exchange for wealth, but in reality, we are using wealth to exchange for an illusory self-identity.In this trade, we were destined to be losers from the very beginning."

ChainCatcher news, on the 13th, the South Korean police stated that they are discussing a forced investigation into President Yoon Suk-yeol, considering the seizure and search of his communication records and the presidential residence.The Special Investigation Team of the National Investigation Agency under the South Korean National Police Agency held a press conference that day, stating that the plan to seize and search the presidential residence located in Hannam-dong, Yongsan District, Seoul is currently in the "discussion stage." The police are internally considering the seizure and search of Yoon Suk-yeol's communication records. On the 11th, the South Korean police had conducted a seizure and search of the presidential office, the South Korean National Police Agency, the Seoul Metropolitan Police Agency, and the National Assembly Guard. However, police investigators were obstructed by the security office when attempting to enter the presidential office, and after several hours of confrontation, they were unsuccessful. (Jinshi)

ChainCatcher news, according to TechCrunch, OpenAI's new video generation AI model Sora has been found to allegedly use game content from titles such as Super Mario and Call of Duty, as well as Twitch streamer likenesses for training. Legal experts warn that this could involve multiple copyright disputes.Experts point out that game videos typically contain multiple layers of copyright, including the copyrights of game developers, unique content generated by players, and user-created maps. Unauthorized use of such content to train AI models may be considered infringement, and even if AI companies claim fair use, users who publish or use the generated copyrighted content may still face legal risks.Additionally, the output content involving trademark or right of publicity issues may also increase legal challenges.

ChainCatcher news, according to South Korean media MTN, the Financial Supervisory Service of South Korea has launched an investigation into the exchange Coinone, focusing on the abnormal situation of the Movement token's price skyrocketing shortly after its listing and then plummeting sharply.The investigation will verify whether there is unfair trading and check if Coinone's internal monitoring system is functioning properly. In addition, the reasons for Coinone listing the token ahead of other exchanges in a situation where liquidity may be insufficient will also be a key focus of the investigation.Officials stated that if abnormalities are found, proactive measures will be taken.

ChainCatcher message, OpenAI webpage shows that API, ChatGPT, and Sora are all running normally. (Jin Ten)

ChainCatcher news, StarkWare announced that computer science professor Moni Naor has joined its scientific committee as a chief researcher. At StarkWare, he will primarily focus on topics such as Bitcoin cryptography and the decentralization of Starknet.StarkWare stated that Moni has made pioneering contributions to computer science, including groundbreaking research on public key systems resistant to chosen ciphertext attacks, non-malleable cryptography, visual cryptography, and innovative methods for verifying human users (leading to the concept of CAPTCHAs). The first mention of proof of work was proposed by him together with Cynthia Dwork.

ChainCatcher news, according to a report by Reuters, Goldman Sachs CEO David Solomon, when asked about his views on cryptocurrencies and whether banks can trade cryptocurrencies, stated that regulations need to change to allow banks to do so. "This is a question you have to ask the regulators. Currently, as a regulated banking institution, we are not allowed to hold cryptocurrencies like Bitcoin as principal. We provide advice to clients on various technologies and issues and will continue to do so, but at the moment, from a regulatory perspective, our ability to act in these markets is extremely limited."

ChainCatcher news, according to official sources, OKX Ventures has announced its participation as a Gold sponsor for the third Taipei Blockchain Week (TBW). At that time, OKX Ventures partner Jeff Ren will attend the related events. In addition, many heavyweight guests will also be present at the conference.It is reported that the third Taipei Blockchain Week TBW will be held from December 12 to December 14, 2024, and is the largest crypto industry event in the region at the end of the year, expected to attract over 5,000 attendees. OKX Ventures will co-host an invitation-only event "NIGHT OF THE FUTURE" on December 12 with international Web3 ecosystems and institutions such as SUI, Spacenation, and UXLINK.

ChainCatcher news, according to Bitcoin.com, BTC Inc. CEO and Trump campaign advisor David Bailey revealed that four countries have approved a strategic Bitcoin reserve plan, but did not disclose the specifics of these measures or the names of the countries involved.Bailey hinted that a group of Bitcoin-holding countries may be organized in the future, similar to today's traditional international organizations, such as the G7. Bailey emphasized that the scarcity of Bitcoin and global demand will drive competition among countries for Bitcoin.Although no country has officially announced related measures at this time, the United States and Brazil have begun to advance relevant regulations to lay a legal foundation for strategic Bitcoin reserves.

ChainCatcher news, Trump recently announced the appointment of William Joseph McGinley as a committee advisor in the Department of Government Efficiency (DOGE). The department heads, Elon Musk and Vivek Ramaswamy, have begun sharing details about DOGE's work, promising to equip the committee with "a capable team of small government reformers."DOGE informed interested parties on its X account to attach their resumes in private messages. Reports indicate that several Silicon Valley leaders, including investor Marc Andreessen and Uber co-founder Travis Kalanick, are involved in planning for the committee. DOGE's co-leaders stated that they aim to cut $2 trillion from the federal budget. In 2024, total federal spending is projected to be $6.75 trillion, with nine-tenths allocated to federal programs.The two explained how DOGE operates in a recent Wall Street Journal op-ed. They stated that they would rely on two Supreme Court rulings to assist Trump in rolling back regulations. However, legal experts told CNN that the two misunderstood the Supreme Court cases, and some of the committee's work may face legal challenges.

ChainCatcher news, according to Jinshi reports, on December 8 local time, U.S. President-elect Trump announced via social media the nomination of his personal lawyer Alina Habba as a presidential advisor.In addition, he nominated Michael Anton as the Director of Policy Planning at the U.S. State Department; nominated Michael Needham as a State Department advisor; and nominated Christopher Landau as Deputy Secretary of State.

ChainCatcher news, senior advisor to El Salvador's President Nayib Bukele, Max Keiser, posted on the X platform stating that the target price for BTC has been raised from $220,000 to $2.2 million. The reason is that Michael Saylor's speculative attack on the $20 trillion global gold market has a very high probability of success, and MicroStrategy is leveraging the $200 trillion global fixed income market to "Rug Pull" the gold market.

ChainCatcher news, The ETF Store President Nate Geraci stated on social media, "The Ethereum spot ETF has seen net inflows for 10 consecutive days, with a total inflow amount reaching $1.4 billion. Two of those days saw inflow levels reach new highs since its launch in July. I believe this indicates that advisors and institutional investors are just beginning to pay attention to this space."

ChainCatcher message, Bitfinex analysts indicate that the upward momentum of Bitcoin depends on how to balance the demand from short-term holders (STH) and the supply from long-term holders (LTH).Analysts state that the supply from STH has approached 3.28 million Bitcoins, a level historically associated with the peak regions of bull markets. This suggests that retail interest is rising. However, the increase in profit-taking by long-term holders puts pressure on Bitcoin's upward momentum, potentially hindering further price increases. Over the past two weeks, the supply entering the Bitcoin market from the LTH group has remained stable, and the lack of spot demand to absorb this supply may lead to further price declines.In simple terms, Bitfinex analysts believe that only if the buying power of short-term holders further absorbs the selling pressure from long-term holders can the price continue to rise.

ChainCatcher message, Reserve stated, "In light of the current market conditions, RSR is recognized as Paul Atkins' meme coin."Reserve added that former SEC senior advisor Paul Grewal served as an early advisor to Reserve Protocol. If he accepts the nomination for SEC Chairman, Reserve Protocol looks forward to collaborating with him under the digital securities initiative framework.

ChainCatcher news, according to The Block, Safe (formerly Gnosis Safe) has launched the transaction processor network Safenet, aimed at enabling users to manage assets across multiple blockchains. The goal of Safenet is to achieve instant cross-chain transactions with execution guarantees, catering to users who need to transfer assets quickly and securely between different networks.Safenet itself is not a blockchain, but a meta-protocol that acts as a connecting layer, allowing interaction with any blockchain through a single user account. Therefore, the project aims to address key challenges in DeFi, such as liquidity fragmentation and the complexity of managing cross-chain transactions.

ChainCatcher news, according to market news, the supervisory authority of the Norwegian wealth fund will review footwear manufacturers, cryptocurrency, and gambling companies in 2025, which may lead to divestment.

ChainCatcher news, according to CryptoSlate, Sora Ventures has launched a $150 million fund aimed at promoting the adoption of Bitcoin-centric financial strategies among publicly listed companies across Asia. The fund is designed to replicate the MicroStrategy model, using Bitcoin as a primary reserve asset to optimize financial strategies and enhance shareholder value.According to the announcement, the fund will target companies listed on major stock exchanges such as Japan, Hong Kong, Thailand, Taiwan, and South Korea. The first successful case of this strategy is the collaboration between Tokyo Stock Exchange-listed company Metaplanet and Sora Ventures to implement the MicroStrategy model.

ChainCatcher news, according to Cointelegraph, the UK Advisory Committee on Business Appointments (ACOBA) has approved former Northern Ireland Secretary John Baker to serve as an advisor to the Bitcoin investment firm Axiom. Baker will join the company's second venture capital fund, Axiom Venture Fund II, as a part-time advisor.Axiom announced in August this year plans to raise $75 million for its second venture capital fund. To mitigate potential risks, the committee has set several restrictions on Baker's appointment, including a ban on using government confidential information for Axiom's benefit for the next two years, prohibiting lobbying the UK government, and not providing advice to Axiom in areas related to his former ministerial role.