ChainCatcher news reports that, according to Arkham monitoring, Ross Ulbricht or someone with access to his wallet incurred significant losses when providing liquidity on Raydium due to incorrectly setting the initial price of the liquidity pool.Specifically, $1.5 million (5% of the total token supply) was immediately arbitraged by MEV bots and sold off in the existing pool. Subsequently, another loss of approximately $10.5 million (35% of the total token supply) occurred in a second operation.It is reported that Ross Ulbricht received 50% of the supply of ROSS (Ross Ulbricht Fund) tokens from developers last week. Despite losing 40% of the token supply, Ross still holds 10% of the tokens in another address and has correctly added liquidity in the Raydium concentrated liquidity pool.

ChainCatcher news, Aave founder Stani Kulechov responded on the X platform to Nansen CEO Alex Svanevik's discussion about "Aave DAO should acquire the Ethereum Foundation," stating: This is an interesting idea, why not? To this end, Aave will use GHO to establish a dedicated Ethereum Foundation (EF) market.

ChainCatcher news, according to Financefeeds, Agne Linge, the growth director of the DeFi platform WeFi, emphasized the importance of stablecoins during the "Web3: The Future Economy" panel discussion at the World Economic Forum summit in Davos.She pointed out that the current total market capitalization of stablecoins has reached $21.6 billion, making them an important financial tool in countries facing hyperinflation such as Argentina and Brazil. In emerging economies like Venezuela, the adoption rate of dollar-pegged stablecoins (especially USDT) has surged as citizens seek to protect their savings from the effects of hyperinflation.Linge expects the stablecoin market to grow to $3 trillion within the next five years.

ChainCatcher news, according to The Block, JPMorgan analysts have found that Bitcoin has the highest correlation with small-cap tech stocks, particularly with the Russell 2000 tech sector. This correlation tends to peak during strong performances or sell-offs in the tech market."Both Bitcoin and altcoins exhibit this, although the correlation is generally higher for the former," JPMorgan analysts led by Managing Director Nikolaos Panigirtzoglou stated in a report on Wednesday. "It makes sense that cryptocurrencies are more correlated with smaller rather than larger tech stocks, given their reliance on venture capital, and the fact that blockchain/crypto technology innovations are often the focus of smaller rather than larger tech companies."The Russell 2000 Index is a stock market index in the United States that tracks the smallest 2,000 stocks in the broader Russell 3000 Index.

ChainCatcher news, on-chain analyst ZachXBT disclosed in a post on X that the wallet address under Ripple co-founder Chris Larsen (rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna) has transferred over $109 million in XRP to exchanges such as Coinbase, Bitstamp, and Bybit this month.

ChainCatcher news, according to Jinshi reports, the Thai Finance Minister stated at a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins. These stablecoins could be used for payments to merchants and may attract investors.

ChainCatcher news, according to Onchain Lens monitoring, a wallet named hitler.sol has made over $2.4 million in profit within 3 hours. The wallet purchased 24.97 million JELLYJELLY tokens for 35.5 SOL (approximately $8,193).Currently, the trader has sold 19.96 million JELLYJELLY, earning 5,254 SOL (approximately $1.23 million). The wallet still holds 5 million JELLYJELLY, worth about $1.18 million.

ChainCatcher news, according to unfolded data, the number of global crypto mobile wallet users reached a record high of 36 million in the fourth quarter of 2024.

ChainCatcher news, 10x Research analysis suggests that Bitcoin may face supply tightening, although the market still lacks key market structure data support. They point out that there are several positive signals in the current market, including on-chain data, seasonal trends, breakout indicators, the Chinese New Year effect, a neutral Federal Reserve policy, and a crypto-friendly president. However, these factors have not yet resonated with the market structure.Additionally, 10x Research also mentioned that it has become increasingly difficult to achieve stable returns through altcoins in the current bull market. Only during the period from the U.S. elections on November 5 to the employment report on December 6/9 did altcoins perform strongly, while the subsequent hawkish statements from the Federal Reserve in mid-December put pressure on the market.

ChainCatcher message, the Hong Kong Monetary Authority stated that the operation of Hong Kong's financial and monetary markets remains smooth, with stable market liquidity and a stable Hong Kong dollar exchange rate. The Hong Kong dollar interbank offered rate is generally approaching the US dollar interest rate under the linked exchange rate system, while shorter-term interbank rates are also influenced by local market supply and demand for Hong Kong dollars, such as seasonal factors and capital market activities. It is expected that Hong Kong interest rates may remain at a relatively high level for the foreseeable future, while there is considerable uncertainty regarding the magnitude and pace of future interest rate cuts in the United States. The Monetary Authority will continue to closely monitor market changes to maintain monetary and financial stability.

ChainCatcher news, cryptocurrency exchange Gemini co-founder Tyler Winklevoss announced on the X platform that as long as the Massachusetts Institute of Technology (MIT) is associated with Gary Gensler, the exchange will not hire any graduates from the school, and Gemini's summer internship program will also not hire interns from MIT.

ChainCatcher news, Federal Reserve Chairman Powell stated at a press conference that it is too early to say what President Donald Trump's policies will do, and the Federal Reserve will take time to assess what the new government's policy regime means. Federal Reserve officials are "waiting" to see what policies the new president will enact. He said, "We do not know what will happen with tariffs, immigration, fiscal policy, and regulatory policy. We will closely monitor what is being implemented. The Federal Reserve will not rush to formulate a policy in order to (have time) understand what our policy responses should be." (Jin Ten)

ChainCatcher news, Federal Reserve Chairman Powell stated that the Federal Reserve's role in the cryptocurrency space is to focus on banks. He pointed out that banks are fully capable of serving crypto clients, and for banks engaged in cryptocurrency business, the threshold should be a bit higher. (Jin Ten)

ChainCatcher message, the full translation of the Federal Reserve's statement on policy is as follows: Recent indicators show that economic activity continues to expand robustly. In recent months, the unemployment rate has stabilized at a low level, and the labor market remains solid. Inflation is still at relatively high levels.The Committee's goal is to achieve maximum employment and a long-term inflation rate of 2%. The Committee believes that the risks to achieving employment and inflation goals are roughly balanced. There is uncertainty in the current economic outlook, and the Committee is closely monitoring risks that may affect its dual mandate.To support its policy objectives, the Committee decided to maintain the federal funds rate target range at 4.25%-4.5%. In considering whether to adjust the target range further in terms of magnitude and timing, the Committee will carefully assess the latest economic data, changes in the economic outlook, and the balance of risks. The Committee will continue to reduce its holdings of U.S. Treasuries, agency bonds, and agency mortgage-backed securities (MBS). The Committee is firmly committed to supporting maximum employment and restoring inflation to the 2% target.In assessing the appropriate monetary policy stance, the Committee will continue to pay attention to the impact of the latest information on the economic outlook. If risks emerge that could impede the Committee's ability to achieve its goals, the Committee will adjust its monetary policy stance in a timely manner. The Committee's assessment will take into account a wide range of information, including labor market conditions, inflation pressures and expectations, as well as developments in financial and international conditions.

ChainCatcher news, Trump Media Group has announced the launch of its fintech brand Truth Fi, entering the financial services and fintech sector. The company plans to invest $250 million of its over $700 million cash reserve through Charles Schwab, focusing on various investment tools including SMAs, ETFs, and cryptocurrencies.This investment strategy will be developed in collaboration with Charles Schwab, with Yorkville Advisors serving as the registered investment advisor. The investment tools will focus on U.S. growth, manufacturing, energy companies, and investments that strengthen the patriotic economy.Truth.Fi products and services are expected to launch in 2025, pending regulatory approval and funding support. This expansion will enhance TMTG's existing product portfolio, which includes the Truth Social platform and Truth+ streaming service.

ChainCatcher news, according to crypto KOL @chadderbiz's analysis, Aerodrome contributor Ace (@Ace_da_Book) bought $50,000 worth of tokens just 6 minutes after the VVV launch. Half an hour later, the relevant parties released the announcement for the token, and through this transaction, Ace made a profit of $1 million.Ironically, after selling the tokens, Ace tweeted "Banger launch, congrats team!" to congratulate the VVV team.Earlier news reported that Aerodrome announced that two contributors had been suspended due to suspicions of insider trading during the VVV token issuance process.

ChainCatcher Message: The Chinese Consulate General in Sydney reminds Chinese citizens in Australia to be vigilant against telecommunications network scams. If the other party requests payment through bank transfer, gift cards, or virtual currency, do not comply. Do not click on unfamiliar links, and do not casually disclose sensitive information such as passport numbers, bank account details, addresses, or contact information.

ChainCatcher news, according to Bloomberg, Ark Investment Management founder and CEO Cathie Wood stated in a recent interview: "DeepSeek has brought a shock to the American tech industry, but competition is a good thing. I believe competition is beneficial for the U.S., lowering costs is good for the world, and the decline in innovation costs should help all regions of the world. This field is forming a tug-of-war.American artificial intelligence is like the internet in the early 1990s; we don't even know what we have. Although there was excitement at that time, now is not the time for strict regulation. Trump may like competition in the tech industry. For Bitcoin, the U.S. will gain significant clarity in regulation and will also achieve legislation. Moreover, the executive branch is very supportive of the crypto industry, such as the inclusion of Bitcoin in the Treasury reserves, which has received support from U.S. government departments. This is a huge change."