ChainCatcher news, Musk posted a picture on his social platform saying he likes the WOULD meme. As a result, the meme coin of the same name experienced a short-term surge.According to GMGN data, the meme coin created 123 days ago surged over 700 times in a short period, with a current market value of 7.67 million dollars.Note: Meme coins have no actual use and are highly volatile due to market sentiment. Please invest cautiously. This content is for market information sharing only and does not constitute any investment advice.

ChainCatcher news, according to Cointelegraph, the prediction market Kalshi data shows an 85% probability that BTC will reach $100,000 by the end of the year, 9% for $150,000, while the average forecast on the Kalshi platform indicates that a BTC price of $125,000 could become a reality in the new year of 2025.Analysts believe that ETFs have played a key role in the factors driving the rise in Bitcoin prices, absorbing over 90% of the selling pressure from long-term holders.

ChainCatcher message, CHILLGUY image creator @PhillipBankss posted on X platform: "chill guy has obtained copyright. I will be issuing a takedown notice regarding monetization-related content in the coming days. I don't like brand accounts using him to set trends, which is something I don't really care about, especially unauthorized merchandise and shitcoins."

According to ChainCatcher news, Ledn co-founder Mauricio di Bartolomeo stated that the possibility of the United States establishing a strategic Bitcoin reserve has increased after a strategic Bitcoin reserve bill was proposed in one state.Last week, shortly after the introduction of the "Pennsylvania Bitcoin Strategic Reserve Bill," the price of Bitcoin saw an increase. The bill aims to allow the state to invest 10% of certain funds, including general funds, rainy day funds, and state investment funds, in Bitcoin. According to the state's 2023 Department of Treasury annual investment report, these funds manage approximately $51 billion in assets, so a 10% allocation would represent about $5.1 billion in Bitcoin investment.Previously, U.S. Senator Cynthia Lummis proposed the "Bitcoin Bill," which suggests the creation of a Bitcoin strategic reserve in the U.S., requiring the purchase of up to 200,000 Bitcoins annually over five years. If these bills are passed into law, there could initially be $23.3 billion worth of Bitcoin acquired on the open market. Approval of either of the aforementioned bills would have a significant impact on other sovereign portfolios, sparking discussions among the world's largest asset management companies regarding Bitcoin allocation. In the coming months, the U.S. strategic reserve may be at the center of most Bitcoin-related topics.

ChainCatcher news, the Litecoin X account stated that it has been nearly a week since the Litecoin X account posted the meme "Due to current market conditions I now identify as a memecoin," which is a light-hearted mockery of the current state of the cryptocurrency market and also a self-deprecating acknowledgment.Although Litecoin is one of the oldest and most reliable cryptocurrencies in the world, its achievements have been overshadowed and largely ignored in recent years. Greg (@greg16676935420) created a new mascot for Litecoin, but unfortunately, a group of people immediately took this mascot and used it to create a "lestercoin" on the Solana blockchain.Litecoin stated that it has no association with projects using the name or likeness of Lester on Solana, nor has it intentionally promoted or acknowledged their intentions; it is not the official mascot of Litecoin. Furthermore, Litecoin will continue to uphold the principle that "Bitcoin is gold, Litecoin is silver," striving to be the preferred method for global payments and transactions of goods and services, and this has not changed.

ChainCatcher news, according to PR Newswire, a Sygnum Future Finance survey shows that 57% of institutional investors in Singapore plan to increase their long-term cryptocurrency allocation, while the average level for the survey is 47%.It is reported that the survey participants include Sygnum's institutional client base and investors, as well as various investment professionals from banks, hedge funds, multi-family and single-family offices, DLT foundations, funds, and asset management companies, with the main reason for increasing cryptocurrency investment being optimism about the industry's development trend.

ChainCatcher news, according to Bloomberg, MicroStrategy's Bitcoin reserves are approximately $26 billion, surpassing the cash and securities of global market leaders such as IBM, Nike, and Johnson & Johnson, second only to companies like Apple and Alphabet. MicroStrategy plans to raise $42 billion to invest in Bitcoin over the next three years.

ChainCatcher news, according to Decrypt, as the prices of Bitcoin and other cryptocurrencies rise, several mobile cryptocurrency applications have seen their rankings increase in the Apple App Store.Among them, Coinbase has jumped from 26th place on U.S. Election Day to 1st place in the free finance category as of Friday. This rise in ranking coincides with a surge in trading volume for the exchange, which, according to CoinGecko, exceeded $12 billion on November 12, setting a record for the year.Other major crypto applications like Robinhood and Crypto.com have followed Coinbase's lead, climbing into the top 10 of the same category. Additionally, the mobile meme coin trading platform Moonshot surged 388 places from outside the top 400 to rank 84th in the free finance category during the same period.According to SensorTower data, Moonshot launched in July and has accumulated over 90,000 downloads on the iOS App Store and Google’s Android Play Store. As of late Friday, the multi-chain crypto wallet Phantom ranked sixth in the utilities category of the App Store.

ChainCatcher news, The ETF Store President Nate Geraci posted on the X platform revealing that VanEck's Head of Digital Asset Research Matthew Sigel stated, "I believe the likelihood of a Solana ETF being listed by the end of next year is very high."

ChainCatcher news, according to The Block, JPMorgan analysts outlined six key regulatory and market changes for the cryptocurrency industry under the Trump administration that could reshape the landscape of cryptocurrency in the U.S. under the leadership of Trump and the Republican-led Congress.JPMorgan analysts indicated that several stalled cryptocurrency bills may quickly gain approval. These bills include the "Financial Innovation and Technology for the 21st Century Act" (FIT21), which could provide much-needed regulatory clarity for the crypto industry by clearly defining the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).They also stated that as the regulatory framework becomes clearer, the SEC's strategy of increasing enforcement may evolve into a more collaborative approach. High-profile lawsuits against companies like Coinbase may be eased, settled, or even dismissed. Regulatory notices sent to companies like Robinhood and Uniswap could be reconsidered, thereby reducing the litigation risk for the broader crypto industry. The SEC's "Staff Accounting Bulletin No. 121" (SAB 121), which restricts banks from holding digital assets, may be repealed.Additionally, JPMorgan analysts noted that the SEC may seek to resolve lawsuits concerning unregistered securities and require the launch of futures-based ETFs for these assets before approving spot ETFs. These factors could delay the approval of new ETFs or require re-filing. Clearer regulations may increase venture capital, mergers and acquisitions, and initial public offerings in the cryptocurrency space. Although strategic Bitcoin reserves would significantly enhance Bitcoin's legitimacy and could potentially drive up its price, the likelihood of this passing is low.

ChainCatcher news, according to Blockworks, during a panel discussion at Devcon held in Bangkok, Vitalik Buterin, Stephen Goldfeder, Ben Jones, and Jesse Pollack discussed the challenges facing Ethereum and its Rollup-centric roadmap.Vitalik Buterin stated that currently, whenever users operate across multiple chains, custom solutions are required. The ideal Ethereum experience should be like using a credit card in Web2, where everything is seamlessly connected in the background. "If Ethereum cannot achieve this level of experience, it will lose to other solutions that can."Stephen Goldfeder mentioned that users should not be burdened by the complexity of the infrastructure and advocated for a "unified Ethereum," envisioning a seamless cross-chain transition within the ecosystem. Vitalik Buterin also emphasized the need to simplify cross-chain asset flows. Ultimately, the panel articulated a shared mission: to enhance user experience without compromising the decentralized spirit of Ethereum, aiming to build an ecosystem centered around users rather than chains.

ChainCatcher news, Galaxy Digital founder Mike Novogratz, in an interview with Bloomberg TV, dressed as "Steve Jobs" and stated that if the speculation of Bitcoin being viewed as a strategic reserve asset comes true, the price could reach $500,000.However, the likelihood of "becoming a strategic asset" is very low; if Bitcoin becomes a reserve asset, other countries will need to buy Bitcoin.

ChainCatcher news, according to Jinshi reports, Fed's Logan stated that the Fed "very likely" needs to cut rates further, but should "proceed with caution."If the Fed over-cuts rates beyond neutral levels, inflation may accelerate again. The Fed has made "significant progress" in reducing inflation and restoring economic balance, making it difficult to determine how many rate cuts are needed and how quickly they should occur.

ChainCatcher News, U.S. short-term interest rate futures rose as traders believe the likelihood of a Federal Reserve rate cut has increased. Traders have increased their bets on a rate cut by the Federal Reserve in December.