ChainCatcher news, Mitsubishi UFJ analyst Lee Hardman stated in a report that the Federal Reserve's latest interest rate decision has increased the likelihood of further appreciation of the dollar in the first half of 2025. It is expected that U.S. interest rates will remain at a high level for a longer period, creating a greater policy divergence with other major central banks. The expectation of widening policy divergence, coupled with the imminent risk of higher tariffs at the beginning of Trump's second term, will continue to put upward pressure on the dollar next year. (Jin Ten)

ChainCatcher news, Monex Europe senior foreign exchange market analyst Nick Rees stated that the Federal Reserve's latest interest rate decision marks the beginning of the FOMC's extended pause on rate cuts, although it is still too early to say this definitively.It is now expected that the Federal Reserve will remain on hold at least until the first half of 2025. If this is correct, it should support the dollar's upward movement in the coming months.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X, stating that the debate over Bitcoin's strategic reserves has evolved into a dilemma:Supporters argue: As the dominance of the dollar weakens, Bitcoin will become an inevitable alternative and should be adopted early.Opponents worry: Bitcoin threatens the dollar's hegemonic status and should not disrupt the status quo.

ChainCatcher news, the Korean won has fallen to its lowest point against the US dollar since March 16, 2009, currently at 1452.37 (Golden Ten)

ChainCatcher News, a recent survey of global fund managers by Bank of America shows that the US dollar is expected to be the best-performing currency by 2025. 40% of investors anticipate that the dollar will outperform the market in 2025, up from 31% in November. Long positions in the dollar are considered the second hottest trade after bullish bets on the "Big Seven" US stocks. In December, the proportion of investors who believe the dollar is overvalued rose to 59%, up from 51% in November, the highest level since January 2023. (Jin Ten)

ChainCatcher news, according to Jinshi reports, Nomura Securities' global foreign exchange strategy team stated in a research report that the US dollar may strengthen in 2025. The team indicated that the main themes entering next year include the Federal Reserve potentially having difficulty cutting interest rates due to persistently high core inflation in the United States, as well as the tariff policies of President-elect Trump.The team added that currencies that may perform poorly in the first half of 2025 could include the South Korean won, Thai baht, Singapore dollar, Swiss franc, and Swedish krona, while the Indonesian rupiah, Japanese yen, and Norwegian krone may see slightly better performance.

ChainCatcher message, two members of Goldman Sachs' research department stated that gold prices still appear bullish in the context of a long-term strengthening dollar. According to Goldman Sachs' analysis, U.S. policy rates almost entirely drive investor demand for gold ETFs, while the dollar has not played an additional significant role in pricing.A strong dollar is unlikely to prevent central banks from structurally increasing their gold purchases, as such purchases are often made with dollar reserves. Furthermore, the trend of both the dollar and gold prices rising under uncertainty supports their role as portfolio hedging tools. Goldman Sachs' forecast for gold prices by the end of 2025 is $3,000 per ounce. (Jin Shi)

ChainCatcher news, ING analyst Chris Turner stated in a report that the market remains cautious ahead of the U.S. employment data release in November, with the dollar holding steady.Weaker-than-expected non-farm payroll data could disrupt the recent strengthening trend of the dollar since Trump's election victory, although it is unlikely that the dollar will appreciate again for a long time. U.S. employment numbers are expected to rebound after a weak month last time. A growth of fewer than 200,000 jobs may be considered a "bad number," while more than 300,000 is seen as a "good number." ING suggests treating any dollar decline as a buying opportunity. (Jin Shi)

ChainCatcher news, based on the Cosmos blockchain, has launched a new USD-pegged stablecoin USDN using the decentralized stablecoin infrastructure provided by M^0 for the first time.M^0 is a protocol on Ethereum that offers a "stablecoin extension engine," allowing developers to adopt the M^0 standard stablecoin $M and customize various features, including branding, built-in compliance tools, and yield distribution.USDN will utilize $M as its "core building block," providing a "trustworthy neutral digital dollar" for the broader Interchain ecosystem.

ChainCatcher news, according to Weibo, the term "Bitcoin breaks 100,000 USD" has risen to the 20th place on Weibo's hot search list.

ChainCatcher news, according to Jinshi reports, JPMorgan analysts stated in a report that from the perspective of investor positions, Bitcoin, the US dollar, and stocks are the most vulnerable asset classes. Positions in Bitcoin, the US dollar, and stocks appear to be increasing as investors bet that these assets will rise.In other areas, bond and credit positions are close to neutral, while commodity positions excluding gold are decreasing. "Therefore, from a positioning perspective, entering 2025, the most vulnerable asset classes are stocks, the US dollar, and Bitcoin, while the opposite is true for non-gold commodities."

ChainCatcher news, according to Jinshi reports, the Korean won has continued to decline against the US dollar, reaching a two-year low at one point.ChainCatcher previously reported, according to Jinshi reports, South Korean President Yoon Suk-yeol suddenly delivered a televised speech tonight, announcing the implementation of "emergency martial law." Yoon listed several reasons, stating that the opposition party is manipulating the National Assembly and disrupting the country, and he vowed to eliminate "anti-national forces" within South Korea. The specific measures of the martial law are currently unknown.External analysis suggests that the recent push by the opposition party in South Korea for a series of legislation targeting the president's wife and the impeachment of public officials, including prosecutors, may have been the trigger for Yoon Suk-yeol's announcement of "emergency martial law."

ChainCatcher message, OKX-BTC/USDT is currently at $91923.42, with a 24-hour decline of 4.16%.

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, Trump stated this morning that a 25% tariff will be imposed on all products entering the United States from Mexico and Canada. As a result, the dollar quickly strengthened, with an increase of 0.4%, while all non-U.S. currencies fell, with the Canadian dollar and Mexican peso experiencing the largest declines, the latter dropping over 1.2%. Spot gold and silver were also pressured by the strong dollar, with silver falling below $30 per ounce. (Jin Shi)

ChainCatcher news, according to Coinglass data, the total liquidation across the network in the past 24 hours was $389 million, with long liquidations amounting to $243 million and short liquidations amounting to $146 million. The liquidation amount for BTC was $80.5495 million, and for ETH, it was $47.7823 million. In the last 24 hours, a total of 139,375 people were liquidated, with a total liquidation amount of $389 million. The largest single liquidation occurred on Binance - BTCUSDT, valued at $13.2394 million.

ChainCatcher news, a recent institutional survey shows that the dollar will stabilize in early 2025, but will face risks such as accelerating U.S. inflation and a surge in fiscal deficits over the next year. As we approach the new year, 89 respondents have differing views on the risks that could pose the greatest harm to the dollar.Concerns about the deficit accounted for the largest share at 38%, while another 32% of respondents believe that if Trump implements the tariff measures promised during his campaign after taking office in January, the weak economic growth in the U.S. and globally will put pressure on the dollar next year. Although these policies may strengthen the dollar in the short term, the long-term damage to the economy will ultimately suppress the dollar's appeal.Nevertheless, about 70% of respondents still believe that the dollar index will rise in the next month. Two key themes support confidence in the dollar before the end of the year: first, U.S. Treasury yields will be supported by the Federal Reserve's patience regarding interest rate cuts, which will encourage investors to flow into U.S. assets; second, a series of uncertainties surrounding Trump's future economic policies may lead to safe-haven buying of the dollar.

ChainCatcher news, according to Ming Pao, Hong Kong digital bank ZA Bank announced today the launch of cryptocurrency trading services on its app, becoming the first bank in Asia to offer such services to retail users. Users can buy and sell Bitcoin and Ethereum using Hong Kong dollars and US dollars.The entry threshold for this service is 70 USD or 600 HKD, with a commission of 1.99 USD or 15 HKD per transaction, and a platform fee of 1.5% of the transaction amount. ZA Bank will implement promotional policies by the end of June 2025, including waiving commissions and reducing the platform fee to 0.8%. ZA Bank's acting CEO, Wu Zhonghao, stated that the bank achieved monthly profitability in July this year, and this new business is expected to further drive revenue growth.

ChainCatcher message, former Goldman Sachs executive and founder of macro research firm Real Vision Raoul Pal posted on social media, "New Treasury Secretary Scott Bessent supports using a weak dollar and low oil prices to drive growth in the U.S. and global economy. That's all you need to know. It will boost financial conditions. Scott is good for your bag. I've known him for over a decade, and he understands this."