ChainCatcher news, Citigroup analysts released a report stating that the tariffs proposed by Trump could reduce the earnings of the S&P 500 index by several percentage points.They emphasized that the market has not fully absorbed this risk, especially regarding the new tariffs on China, Canada, and Mexico. Industries with higher trade risks, including Canada's energy exports, are expected to be affected.Tariffs could lower the earnings of the S&P 500 index by 2025 and significantly impact gross margins. However, past tariff reductions suggest that there may be leniency, and the market is now shifting its focus from the elections to policy uncertainty.

ChainCatcher message, Goldman Sachs analysis pointed out that U.S. President-elect Trump proposed a 25% tariff on goods from Canada and Mexico, which is expected to generate nearly $300 billion in revenue annually, but could lead to a 0.9% increase in core PCE inflation. Goldman Sachs Chief Economist Jan Hatzius stated that this tariff would significantly raise consumer prices. Although the tariff proposal may be a negotiation strategy by Trump, its implementation remains uncertain, but market expectations for a Federal Reserve rate cut have begun to weaken. (Jin Shi)

ChainCatcher news, analysts from Malayan Bank stated that the market's immediate reaction to Trump's tariff announcement appears to be negative. The market may be wary that Trump is gradually introducing tariffs, but the implementation may differ from what was proposed. Under the influence of anxiety, the dollar and the dollar against Asian currencies may find short-term support, but if this is all that Trump currently has to say, or if he encounters any obstacles, the strength of the dollar may ease. Trump's Treasury Secretary nominee, Basant, is considered a relatively moderate person, and December may be a seasonally weak month for the dollar. (Jin Shi)

ChainCatcher news, according to Jinshi reports, on November 25 local time, U.S. President-elect Trump stated that a 25% tariff will be imposed on all products entering the U.S. from Mexico and Canada. In addition, Trump also announced an additional 10% tariff on Chinese goods.Liu Pengyu, spokesperson for the Chinese Embassy in the United States, responded to this in a statement to the media, saying, "Regarding the issue of the U.S. imposing tariffs on China, China believes that the essence of China-U.S. economic and trade cooperation is mutual benefit and win-win. There will be no winners in a trade war and tariff war."

ChainCatcher news, on the 25th local time, U.S. President-elect Trump stated that a 25% tariff will be imposed on all products entering the U.S. from Mexico and Canada. In addition, Trump announced an additional 10% tariff on Chinese goods.In an interview last year, Trump proposed a 10% universal tariff on all imported goods. In November this year, a study by the National Retail Federation (NRF) indicated that if Trump's new tariff plan is implemented, American consumers could lose up to $78 billion in annual purchasing power. The study shows that these tariffs will affect consumer goods categories such as clothing, toys, furniture, appliances, footwear, and travel goods.

ChainCatcher news, European Central Bank board member Patsalides warned that if U.S. President Donald Trump follows through on his threatened trade tariffs, the European economy could ultimately fall into stagflation. The Central Bank of Cyprus governor stated in Nicosia on Thursday, "Trade tensions are escalating, and if trade restrictions become a reality, the result could be inflation, economic recession, or worse, stagflation."He noted that while there is room to continue lowering borrowing costs, it should be done "at a steady pace and magnitude."

ChainCatcher news, according to Bloomberg, U.S. Attorney for the Southern District of New York Damian Williams has revealed that he plans to resign before Donald Trump takes office in January next year, marking the end of his tenure in aggressively prosecuting Wall Street crimes.Previously, Trump announced last week that he would appoint Jay Clayton to replace Williams, who served as the chairman of the U.S. Securities and Exchange Commission until 2020. After Trump took office, Williams and many other U.S. attorneys appointed by President Biden across the country are almost certain to be replaced. Most other U.S. attorneys will continue to serve until they are formally asked to resign.

According to ChainCatcher news reported by Cointelegraph, North Korean hackers appear to have developed malware that can evade Apple's security checks. Researchers at Jamf Threat Labs, who focus on Apple, indicate that these applications seem to be experimental. This is the first time they have seen such technology used to infiltrate Apple's macOS operating system, but it does not run on the latest systems.Researchers found that Microsoft's VirusTotal online scanning service reported these applications as harmless, but they are actually malicious. Variants of these applications are written in Go and Python, utilizing Google Flutter applications. Flutter is an open-source development toolkit used for creating cross-platform applications.Out of six malicious applications, five are signed with developer accounts and have been temporarily notarized by Apple. Researchers wrote, "The domains and techniques in the malware are very similar to those used in other North Korean hacker malware, with indications that the malware was once signed and even temporarily passed Apple's notarization process."

ChainCatcher news, according to Jinshi Data, some asset class investors are gradually reducing their enthusiasm for the "Trump trade" as they question whether Trump will push his ambitious tariff proposals after becoming President of the United States. As of Thursday's close, the dollar has erased most of its post-election gains, and after two days of intense volatility, U.S. Treasury yields have returned to recent ranges. These moves indicate that as investors weigh whether Trump's policies align with his campaign promises, the market may experience fluctuations. As market turbulence settles, the focus is shifting to other significant events.Vishnu Varathan, the head of economics and strategy at Mizuho Bank Singapore, stated, "Even the most fervent 'Trump trade' investors are stepping back now and considering whether the stakes are too high at this point. Traders are thinking about the execution and how some of his policies will effectively disseminate." A key question for investors is how much of Trump's tariff measures will become a reality. Some are also taking profits, including bullish dollar and bearish Treasury trades, which performed well earlier this week due to expectations that Trump's policies would stimulate inflation and keep interest rates elevated.Alvin Tan, the head of Asia FX strategy at Royal Bank of Canada, said, "People are skeptical about whether Trump will really implement the policies he proposed, especially the tariff policies; however, this sentiment may be temporary, as the market underestimates Trump's influence on trade policy— the U.S. President has broad powers to impose import tariffs."

ChainCatcher news, European Central Bank President Lagarde defended two main targets often criticized by Trump: monetary policymakers and global trade.Lagarde suggested that Trump visit Frankfurt to understand how challenging the work of Federal Reserve Chairman Powell, whom he frequently criticizes, really is. She discussed the issue of monetary policymakers being susceptible to political criticism during an interview.Lagarde also stated that Trump's notion that setting interest rates is easy is incorrect. In addition to monetary policymakers, Lagarde also expressed disagreement on the tariff issues that Trump is most passionate about.

ChainCatcher news, on Tuesday local time, former U.S. President and Republican presidential candidate Trump accepted a media interview, stating that if he could return to the White House, his core policies would focus on economic growth and bringing businesses back to the United States.Trump vigorously defended high tariffs, believing that this is a way to stimulate economic growth. In his opening remarks, Trump claimed he would impose tariffs on imported goods and reduce taxes for domestic businesses. "For me, the most beautiful word in the dictionary is tariff."

ChainCatcher news, Alliance DAO founder and core contributor Qiao Wang stated that he is seeking to invest in more entrepreneurial projects that develop anti-authoritarian products and technologies, including VPNs, decentralized ISPs, end-to-end encrypted communications, and privacy payments, among others.

ChainCatcher news, according to Decrypt, gaming giant Atari has launched the classic arcade game Breakout on the Base chain.In July of this year, Atari first announced its collaboration with Base, releasing a blockchain version of its iconic video game Asteroids. Like Asteroids, players need to connect their Coinbase, MetaMask, Rainbow, or WalletConnect wallets to play the game and mint the Breakout NFT for 0.0015 ETH (approximately $3.6), with minting proceeds distributed to the developers and artists of each game.

ChainCatcher message, Injective has completed the Altaris mainnet upgrade.The upgrade includes: optimization measures (to accelerate chain speed and overall performance), integration of Wasm 2.0 (providing necessary tools for creating next-generation DApps), integration of IBC hooks and PFM (enhancing cross-chain capabilities), developer toolkit upgrades (updates for Python, Go, and TypeScript SDKs), integration of RWA oracles (providing data for tokenized asset products), staking grants (allowing authorization for other traders to use part of the stake), and support for Ledger hardware wallets.

ChainCatcher news, at the Bitcoin2024 conference, Donald Trump Jr. stated, "Bitcoin is a hedge against inflation and authoritarian governments."

ChainCatcher news, according to Cointelegraph, the non-custodial Bitcoin interoperability protocol Portal has announced important strategic partnerships with Bitlayer, Sovryn, and Tari, and is set to launch an incentivized testnet. Portal provides users with a revolutionary, fully decentralized way to access Bitcoin liquidity by innovatively combining the Lightning Network and atomic swap technology. The platform does not rely on centralized intermediaries or custodians, ensuring users have complete control over their assets.It is reported that Bitlayer, as a Bitcoin sidechain/L2 solution, will provide Portal with faster transaction speeds and enhanced privacy features.Sovryn integrates its Bitcoin-backed stablecoin DLLR into the Portal DEX, enabling one-click trading with native BTC without the need for bridging, wrapping, or custody.The addition of Tari will expand the tokenization and trading possibilities of digital assets, allowing users to seamlessly trade various digital assets with Bitcoin as the settlement layer.

ChainCatcher news, according to CryptoSlate, in a recent episode of the Bankless podcast, Ethereum co-founder Vitalik Buterin elaborated on the potential of blockchain to enhance democratic resilience through secure, anonymous communication and verifiable voting.Vitalik Buterin emphasized that comparing the information environment to Thomas Hobbes' concept of "everyone against everyone" in a state of war, monopolistic control of narratives could become the only stable equilibrium. This metaphor highlights the potential for authoritarian regimes to utilize the internet for data aggregation, transforming a tool intended to empower freedom into one that strengthens central control.

ChainCatcher news, according to Cointelegraph, Nvidia has reached an agreement to deploy its artificial intelligence (AI) technology in data centers in several countries in the Middle East, including Qatar.Nvidia is collaborating with Qatar's telecom provider Ooredoo, and Nvidia will install technology in Ooredoo's data centers, although the specific types of Nvidia technology to be installed have not been disclosed. The installation will depend on customer needs and the availability of technology. Financial details of the deal have also not been revealed.