ChainCatcher news, Federal Reserve Chairman Powell: We do not wish to provide too much forward guidance.

ChainCatcher news, deVere Group CEO Nigel Green stated in a report that part of the reason Trump won the election is the dissatisfaction of Americans with inflation, but he may not be able to cool prices as voters expect. Trump's promise to impose tariffs on imported goods could have the opposite effect, as importers may pass on the additional costs to consumers.Green said, "While the goal is to protect American businesses, the reality is that these tariffs could exacerbate the inflationary pressures that Trump promised to alleviate."

ChainCatcher news, the Bank for International Settlements (BIS) has released new guidelines for banks wishing to hold cryptocurrencies such as XRP, ETH, and BTC. In the latest requirements, the BIS stipulates that banks' total exposure to secondary cryptocurrencies must not exceed 1% of their total Tier 1 capital; any single secondary cryptocurrency must not account for more than 5% of the total holdings of secondary assets. The guidelines are expected to be implemented by January 1, 2026.It is reported that the BIS classifies XRP, BTC, ETH, and some stablecoins lacking effective stabilization mechanisms as secondary cryptocurrencies, in order to distinguish secondary cryptocurrencies from other cryptocurrencies.

ChainCatcher news, the 3A ARPG game AbyssWorld based on Sui has announced the upcoming IDO and has released a new economic model.It is reported that Abyss World is the first 3A game in the Sui ecosystem involving Mysten Labs. Currently, Abyss World has nearly 120,000 reservations on the global Steam wishlist and will conduct its first public test next month. (source link)

ChainCatcher news, according to Bloomberg, creditors of the crypto lending platform Hodlnaut have rejected the restructuring plan proposed by Hodlnaut, which would allow the directors who have been steering the company during its collapse to continue managing it. The court-appointed interim judicial manager stated that liquidation and closure of the company are in the best interests of the creditors. One of the creditors, the Algorand Foundation, indicated in documents that action should be taken as soon as possible to maximize the remaining distributable assets of the company. (source link)