ChainCatcher news, according to Cointelegraph, Bitcoin and ZK infrastructure company Fiamma has completed a $4 million seed round financing, led by Lightspeed Faction and L2IV, with participation from Astera Ventures, Contribution Capital, Sats Ventures, Chapter One, and FoundersHead. The investment also includes participation from major strategic investors in the Bitcoin infrastructure space, such as BOB (Build on Bitcoin), as well as various angel investors including the founders of Satlayer and Daedalus. The company plans to use this investment to expand Fiamma's business, accelerate product development, and drive the adoption of its underlying technology.Fiamma is described as a Bitcoin and ZK infrastructure company dedicated to transforming Bitcoin into a dynamically programmable asset. It is unlocking real use cases for Bitcoin, turning it into a dynamic asset and the foundation for decentralized internet and financial systems. Fiamma's products include the Bitcoin bridge Fiamma Bridge and the Bitcoin ZK verification layer Fiamma Layer powered by BitVM2.

ChainCatcher news, according to Jinshi reports, Trump has promised to implement comprehensive tariffs on imported goods upon returning to the White House. During his first term, Federal Reserve staff simulated a similar scenario and concluded that inflation would accelerate but would not last long. Ultimately, they determined that tariffs were a drag on the economy and recommended lowering interest rates as the best remedy.However, there are two main obstacles to taking this approach now. First, the Federal Reserve has not fully overcome the post-pandemic price increase issue. Second, the Federal Reserve has faced severe criticism for describing that price increase as "transitory." Therefore, Powell and his colleagues are least willing to downplay the price surge, believing it will not be persistent.Justin Weder, an economist at Deutsche Bank in the U.S., stated, "Even a price increase viewed as transitory could prompt the Federal Reserve to raise interest rates, or at least keep them on the sidelines, preventing them from cutting rates significantly as they originally hoped. They must acknowledge the actual inflation rate. Perhaps they can avoid terms like 'transitory' or 'temporary' and instead say something like 'inflation is rising due to tariff effects,' clearly indicating that this is a result of tariffs and not necessarily demand-driven."

ChainCatcher news, Fox Business reports that Trump's transition team is considering appointing Perianne Boring and Caroline Pham to lead the Commodity Futures Trading Commission (CFTC). Another CFTC commissioner, Summer Mersinger, is also under consideration.In 2023, Pham proposed a "time-limited" pilot program to regulate the digital asset market and tokenization, aiming to establish a principles-based framework to address innovation and risk management issues. Boring has been a staunch advocate for the Bitcoin mining industry.

ChainCatcher news, or due to Trump's nomination of Paul Atkins as the SEC chairman candidate, the project RSR, where Paul Atkins serves as an advisor, has seen a 24-hour increase of 117.62%, currently priced at $0.022.

ChainCatcher news, according to a report by Fox News, Perianne Boring is being considered for the leadership position of the Commodity Futures Trading Commission (CFTC) in the Trump administration.

ChainCatcher news, Grayscale is seeking to convert its Grayscale Solana Trust (GSOL) into an exchange-traded fund (ETF). The trust was created by Grayscale in 2021 and has total assets under management of $134 million. Grayscale has become the fifth asset management company to seek to launch a SOL ETF.The New York Stock Exchange Arca (the exchange where the ETF will be listed) submitted a 19b-4 application on Tuesday night. The U.S. Securities and Exchange Commission (SEC) requires exchanges to submit such applications to notify the SEC of proposed rule changes by self-regulatory organizations (SROs).

ChainCatcher news, according to Barron's, the Trump administration may open the IPO market to cryptocurrency companies.

ChainCatcher news, according to CoinDesk, Paul Atkins is the preferred candidate for SEC chairman by elected President Donald Trump, but accepting this position requires many factors to align. A person familiar with Atkins' thoughts indicated that the role is not appealing to Atkins, as he believes it would require a significant amount of work to reverse the mismanagement of the bloated agency under Gary Gensler, and Atkins is reluctant to leave his global consulting firm.Atkins is a former SEC commissioner and was seen this week at Trump's resort, according to an industry insider. He is scheduled to interview for the SEC chairman position on Sunday and Monday, another person familiar with the meetings stated.It is reported that Atkins is the founder and CEO of Patomak Global Partners, a global consulting firm focused on strategy, risk management, and regulatory compliance. Patomak serves cryptocurrency companies, but they are just part of its diversified business, which also includes traditional financial clients, publicly traded companies, industry associations, law firms, banks, and insurance companies. Before founding Patomak, Atkins served as a commissioner of the SEC from 2002 to 2008, appointed by former U.S. President Bush. During his tenure at the SEC, Mark Uyeda and Hester Pierce worked under Atkins, the latter of whom also became an SEC commissioner.

According to ChainCatcher, Trump has chosen Paul Atkins to serve as the chairman of the U.S. Securities and Exchange Commission (SEC), according to three people familiar with the matter. One source revealed that Trump has reached out to Atkins and is awaiting his acceptance. Atkins' spokesperson did not immediately respond to a request for comment.Current SEC Chairman Gary Gensler will leave office on January 20. Additionally, Atkins will need to be confirmed by the Senate, unless Trump opts for a recess appointment during the Senate's recess. Paul Atkins previously served as an SEC commissioner during the George W. Bush administration and is known for opposing "high fines for companies that violate securities laws." He has been a supporter of the cryptocurrency industry and is still active in his consulting firm, Patomak Global Partners, which he founded in 2009. Meanwhile, since 2017, he has also served as co-chair of the Token Alliance, an industry association advocating for digital assets and the blockchain industry.

ChainCatcher news, according to GlobeNewswire, digital asset management company 21.co announced a restructuring of its operational framework, splitting its original business into two independent entities: 21Shares and 21.co Technologies. 21.co will continue to serve as the holding company for both entities. The new structure will take effect on January 6, 2025.After the restructuring, co-founders Hany Rashwan and Ophelia Snyder will serve as co-chairs of 21Shares and will focus their efforts on 21.co Technologies, serving as CEO and President, respectively. Former abrdn Global Head of Alternatives and Multi-Asset Investing Russell Barlow will take on the role of CEO of 21Shares, managing over $20 billion in assets.21Shares will focus on asset management and ETP business, while 21.co Technologies will be dedicated to developing next-generation products such as tokenized assets, smart contracts, and risk management. This business restructuring aims to respond to a new wave of growth in the digital asset industry, allowing both entities to better achieve their respective business objectives.

ChainCatcher news, according to Jinshi reports, informed sources reveal that Donald Trump Jr. will join the board of PSQ Holdings, the owner of the online marketplace PublicSquare.Sources indicate that Donald Jr., who recently became a partner at investment firm 1789 Capital, is expected to join PSQ's board as early as Tuesday. PSQ, based in West Palm Beach, Florida, declined to comment. Donald Jr. himself did not respond to requests for comment. PublicSquare aims to connect "patriotic" businesses and consumers, seeking to establish a so-called "parallel economy," which it defines as prioritizing faith and family.

ChainCatcher news, according to the Financial Times: Meta Platforms CEO Mark Zuckerberg seeks to play a "constructive role" in discussions with the incoming U.S. government on technology policy. (Jin Shi)

ChainCatcher news, according to Cointelegraph, market analysis suggests that the upward momentum of Bitcoin due to the so-called "Trump trade" may have come to an end, unless its price can break through the key resistance level of $98,000.Cryptocurrency trader and analyst Michaël van de Poppe pointed out that Bitcoin may not see significant upward momentum before breaking the resistance level of $98,000.

ChainCatcher news, according to Jinshi Data, Saxo Bank strategist John Hardy stated that if the trade tariffs proposed by U.S. President Trump lead other countries to seek alternatives to the dollar, the cryptocurrency market and gold may benefit.Tariffs will have a terrible impact on global trade as they will cut off the necessary supply of dollars, and BRICS countries may trade using means such as gold-backed digital currencies.Cryptocurrency stablecoins linked to gold may also be used, and the crypto market could quadruple, reaching over $10 trillion, while the dollar may depreciate by 20% against major currencies and by 30% relative to gold.

ChainCatcher news, according to CoinDesk, the tokenized asset exchange 21X running on Polygon has received approval from the German financial regulator BaFin to go live, planning to launch a tokenized financial instruments exchange at its headquarters in the first quarter of 2025. The exchange plans to trade tokenized equities, debt securities, funds, and real-world assets (RWA), such as real estate or artworks that qualify as financial instruments.It is reported that, in addition to BaFin, the Deutsche Bundesbank, the European Securities and Markets Authority (ESMA), and the European Central Bank (ECB) were also involved in the approval of 21X.

ChainCatcher message, Uniswap Labs shared Dune data on X indicating that Arbitrum has become the first L2 on the Uniswap protocol to exceed $20 billion in trading volume in a month.