ChainCatcher news, Binance CEO Richard Teng stated that the recent market volatility should be viewed as a "tactical pullback," rather than a structural decline in the crypto market. He emphasized that the crypto market has historically experienced macroeconomic shocks and rebounded strongly, such as when Bitcoin briefly fell below $20,000 in 2022 due to the Federal Reserve's interest rate hikes, but quickly recovered as the market stabilized.Teng pointed out that institutional investor interest is still on the rise, with continued inflows into ETFs, and Binance is also steadily growing. He believes that the Federal Reserve's pause on interest rate cuts is a key factor in the recent market adjustment, and although the likelihood of a rate cut in March has decreased, future policies will still depend on inflation and employment data.He stated that market pullbacks often present opportunities for seasoned investors to position themselves for the next upward cycle, and the crypto market has become part of the global financial system, proving its resilience in the face of macroeconomic fluctuations.

ChainCatcher news, the cross-chain asset wrapping protocol Universal has completed a $9 million funding round led by a16z.This round of funding will be used to scale the business, in addition to continuing to distribute new assets through other DApps, it will also enhance the front-end user experience. The long-term goal of the Universal team is to make its asset wrapping service as popular as WBTC (Wrapped Bitcoin).

ChainCatcher message, Binance founder Changpeng Zhao wishes Giggle Academy a happy one-year anniversary on Valentine's Day and reveals that there are currently over 5,000 active children using the app. Although the number of users is not large yet, Giggle Academy has a very strong stickiness, as children who have used it once keep asking to use it again.

ChainCatcher news, according to the latest video released by the official HTX DAO on the X platform, HTX DAO recently celebrated its one-year anniversary, reflecting on the important achievements and milestones over the past year. In 2024, the total number of $HTX coin purchasers exceeded 390,000, with a total subscription amount reaching $4.308 billion. During the Launchpool event, the highest annualized return rate reached 100%, and a total of 490 trillion $HTX tokens were burned throughout the year. Since its establishment, HTX DAO has continued to grow, with 728,900 users holding assets, over 3,000 participants in governance voting, demonstrating strong growth momentum in the global blockchain ecosystem.To thank users for their long-term support, Huobi HTX, in collaboration with HTX DAO, has launched a special airdrop event of 10 billion $HTX. The event will run from February 7, 18:00 to February 14, 18:00 (UTC+8). Both new and existing users can participate, featuring multiple surprises including accelerated upgrades for $HTX holdings, trading rewards, a lottery for new users, and welcome gifts for returning users, with a maximum of 500,000,000 $HTX available per person.HTX DAO takes the anniversary as a new starting point, continuously empowering community development, promoting ecological prosperity, and writing a brighter future together with users.

ChainCatcher news, according to The block, renowned rapper Kanye West stated on social media that he hopes to have a conversation with Coinbase CEO Brian Armstrong regarding "cryptocurrency-related matters."Previously, he revealed that he had received a $2 million proposal to issue a token, but he declined the offer and ceased collaboration with the proposer.

ChainCatcher news, according to the official announcement from Huobi HTX, as of February 2, 2025, HTX DAO has been established for one year. Huobi HTX, in collaboration with HTX DAO, will launch the "Billion $HTX Airdrop Carnival" event from February 7, 18:00 to February 14, 18:00 (UTC+8), to specially reward users who have long supported and accompanied HTX DAO.The event includes benefits for both new and existing users, trading competitions, and invitation rewards, with a total prize pool exceeding one billion HTX tokens.

ChainCatcher news, the Shanghai Municipal People's Government Office issued the "Implementation Plan for Promoting High-Quality Development of Digital Trade and Service Trade in Shanghai," which proposes the layout of high-performance computing infrastructure. It includes the construction of high-energy cloud computing data center clusters, open computing power platforms, and computing power interconnection platforms.Build high-quality data infrastructure such as blockchain and corpora, establish urban blockchain infrastructure, create Blockchain as a Service (BaaS) platforms and general cross-chain functions, facilitate the trusted cross-border flow of data, and promote the high-quality construction of corpus data elements.

ChainCatcher news, according to the Mobile Payment Network, on January 4, 2025, the digital renminbi App, led by the Digital Currency Research Institute of the People's Bank of China and co-built by operating institutions, will celebrate its 3rd anniversary.Since its launch 3 years ago, the digital renminbi App has undergone approximately 38 updates, including 16 times in 2022, 12 times in 2023, and 10 times in 2024. It is currently at version 1.1.14.

ChainCatcher message, the Bitcoin genesis block was mined by Satoshi Nakamoto on January 3, 2009, at 3:15 PM (Beijing time January 4, 2009, 02:15:05), with a block reward of 50 BTC. As of today, it has been 16 years since then, and the total Bitcoin block height has reached 877566.In the genesis block, Satoshi Nakamoto recorded the front-page headline of The Times in the CoinBase data of the genesis block: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

ChainCatcher news, according to CoinDesk, renowned crypto analyst Omkar Godbolev published an analysis stating that the price chart of SOL shows a "bullish return" pattern. According to technical analysis theory, this pattern is seen as a low-risk opportunity for trend breakout traders. The price of SOL surged over 7% this week to $193, rebounding from a previous resistance level identified by a trendline connecting the highs of March and July, which has now turned into support. This line, along with the line connecting the lows of April and August, defines a large descending channel that includes long-term fluctuations from March to October. The price of SOL broke out of this channel in early November, confirming the bullish inclination. SOL quickly climbed above $260, then retraced to the breakout point last week, which technical analysts refer to as a bullish "return pattern."Technical analysis masters Charles D. Kirkpatrick II and Julie R. Dahlquist stated in their book Technical Analysis: The Complete Resource for Financial Market Technicians: "A pullback occurs when the price breaks upward and then 'retracts' to its breakout level. Retracements are excellent levels to participate in an upward trend. Their timing and distance are often short, but they typically provide a second, lower-risk entry opportunity for breakout traders." Breakout traders look for assets that struggle to surpass specific levels. When the price finally breaks through, these traders enter the market, anticipating significant volatility in the direction of the breakout. Trading breakouts requires constant market monitoring and careful assessment of price and volume trends. Traders who miss the initial breakout often hope to enter during a successful retracement, just like SOL. These entry points are usually considered lower risk because potential exit points or stop-losses can be set just below the breakout point.Prospect theory suggests that people tend to avoid risk when realizing gains. In other words, when potential profits arise, traders often take those gains rather than letting winning trades continue. This trend explains why the first pullback after a breakout does not last long and prices typically retreat to the breakout point. This is because traders who entered with the breakout quickly take profits during the subsequent rise. Traders who missed the first breakout may view the retracement as a second entry opportunity. They go long at the breakout point, ensuring that the support level holds. This explains the rebound of SOL from a key level. If SOL continues to rise, those who took profits shortly after the initial breakout may regret doing so and buy new long positions, further enhancing the bullish momentum, and this is how trends develop. In the second half of 2023, a similar return pattern played out perfectly in Bitcoin, laying the groundwork for a massive bull market. Note that if the price of SOL fails to rebound, the bullish retracement pattern will fail, allowing for a pullback back into the channel.

ChainCatcher news, the community token GUI INU on APTOS announces the anniversary of its sale, and has matched and burned all the $GUI tokens raised during the previous GUI Gang NFT sale announcement.According to the Web3 asset data platform RootData, GUI INU (GUI) is a community token on APTOS, born out of the needs of the community.