ChainCatcher message, 1confirmation founder Nick Tomaino posted on the X platform stating: "ETH is the internet's native store of value, with the best monetary policy in the world. The supply of BTC will continue to increase, reaching 21 million by 2140.As the usage of DeFi, stablecoins, NFTs, prediction markets, SocialFi, etc. increases, the supply of ETH decreases, stake ETH, earn yields and HODL."

ChainCatcher news, according to Barron's, as Bitcoin retraced to $94,000 on Christmas Eve, Yuya Hasegawa, an analyst at the Japanese cryptocurrency exchange bitbank, elaborated on three key factors influencing the crypto market in 2025.First, the direction of cryptocurrency policy under the Trump administration will dominate market sentiment. The proposed strategic Bitcoin reserve plan and the appointment of pro-cryptocurrency nominees are expected to directly impact the price trends of mainstream cryptocurrencies, including Bitcoin, XRP, and Dogecoin.Second, the Federal Reserve's monetary policy will continue to affect the crypto market. Hasegawa pointed out that loose monetary policy has historically been favorable for Bitcoin prices, while the opposite would have a negative impact. Although the Federal Reserve has cut rates by 100 basis points this year, Trump's plan to impose tariffs of 10%-20% on all imported goods, with tariffs on Chinese goods potentially reaching 60%, could exacerbate inflationary pressures, forcing the Federal Reserve to maintain higher interest rates.Third, the U.S. government debt issue may become a new focus for the market. Hasegawa emphasized that a high-interest-rate environment will increase the burden of government debt. If concerns about debt sustainability arise and the U.S. strategic Bitcoin reserve plan is successfully implemented, Bitcoin's safe-haven properties as digital gold will gain more attention, potentially driving its valuation higher.

ChainCatcher news, according to Forbes, economists and financial market professionals indicate that the Federal Reserve is likely to announce a 25 basis point rate cut in the early hours of the 19th, but perhaps more noteworthy is what signal the Fed will send regarding its monetary policy goals for 2025.Currently, economists from the three major investment banks—Bank of America, Goldman Sachs, and JPMorgan Chase—predict that the Fed will lower the interest rate from the current range of 4.5%-4.75% by 25 basis points to 4.25%-4.5%. This would bring the rate down to its lowest level since February 2023, a full percentage point lower than the 5.25%-5.5% range from July to September 2023.However, despite the market reaching a clear consensus on this, the Fed will also release its quarterly economic forecasts. This includes each central bank president's expectations for interest rates in 2025. Economists from Bank of America, Goldman Sachs, and JPMorgan Chase expect the median forecast to be revised from the previous prediction of four rate cuts of 25 basis points next year to three, with an expected target range of 3.5%-3.75% by the end of 2025. Regardless, it is clear that Americans will need to adapt to higher interest rates for an extended period, as rates are likely to remain above 3% for a long time, a threshold that was never reached from 2009 to 2021.

ChainCatcher news, Jupiter Asset Management bond fund investment managers Ariel Bezalel and Harry Richards stated that the monetary policy in developed countries is too tight, especially considering the current real interest rate levels adjusted for inflation. There is still some way to go before monetary policy reaches a neutral interest rate level. Market expectations reflect this, as the market has already priced in the expectation of returning to neutral levels over the next two years.However, the market has not priced in the risks of a more severe economic slowdown or even recession. This could force central banks to lower interest rates below neutral levels. (Jin Shi)

ChainCatcher news, analysts indicate that as central banks continue to ease monetary policy, the price of Bitcoin may become a major beneficiary of the increase in global liquidity.The European Central Bank announced its fourth interest rate cut of the year this week, lowering the deposit rate by 25 basis points to 3%; after the People's Bank of China cut rates for the first time in 14 years, Goldman Sachs and Morgan Stanley expect a further 40 basis points cut in 2025, marking the largest annual decline since 2015; regarding the Federal Reserve, the CME FedWatch tool shows a probability of over 96% for a 25 basis point rate cut at the FOMC meeting on December 18.Kooner added that after a recent $1.7 billion liquidation, the market's leverage has significantly decreased, and combined with the year-end "Christmas rally" effect, Bitcoin is expected to start a new round of increases.

ChainCatcher news, according to Jinshi reports, according to CCTV News, the Central Economic Work Conference was held in Beijing from December 11 to 12.The meeting pointed out that a moderately loose monetary policy should be implemented, with timely reserve requirement ratio cuts and interest rate reductions, to maintain ample liquidity, ensuring that the scale of social financing and the growth of money supply align with the economic growth and overall price level expectations. Explore and expand the macro-prudential and financial stability functions of the central bank. A policy mix should be effectively utilized, strengthening the coordination and cooperation of fiscal, monetary, employment, industrial, regional, trade, environmental, and regulatory policies and reform measures, improving the effective communication and feedback mechanism among departments, and unifying economic and non-economic policies into a consistent macro policy orientation assessment to enhance the overall effectiveness of policies.

ChainCatcher news, according to Caixin, the Political Bureau of the Central Committee of the Communist Party of China held a meeting today to deploy economic work for next year.The meeting emphasized the need to maintain stability while seeking progress, promote stability through progress, implement a more proactive fiscal policy and moderately loose monetary policy, strengthen extraordinary counter-cyclical adjustments, and enhance the foresight and effectiveness of macro-control. The meeting proposed to boost consumption, improve investment efficiency, and expand domestic demand; promote the construction of a modern industrial system through technological innovation; deepen economic system reform and implement landmark measures; expand high-level opening up, stabilize foreign trade, and stabilize foreign investment.At the same time, it is necessary to effectively prevent and resolve risks in key areas, consolidate the achievements of poverty alleviation, promote new urbanization and rural revitalization, and facilitate integrated urban-rural development. The meeting also emphasized increasing the implementation of regional strategies, promoting green transformation and development, and strengthening social security to enhance people's sense of gain and happiness.

ChainCatcher news, Federal Reserve Chairman Powell will be interviewed at the DealBook/Summit conference hosted by The New York Times at 02:45 Beijing time on Thursday.Analysts from the monetary policy and global macro research consulting firm LHMeyer indicate that Powell may still be reluctant to discuss his views on the December meeting. Powell is unlikely to have a clear inclination towards the December decision like Waller (who supports a rate cut in December). The market expects the Federal Reserve to cut rates in December, but still considers the possibility of a wait-and-see attitude to be quite high. Such an arrangement does not seem to trouble Powell. (Jin Shi)

ChainCatcher news, Bank of Japan Governor Kazuo Ueda stated that if the economic and price trends align with forecasts, the Bank of Japan will continue to raise policy interest rates and adjust the level of monetary support. The timing of interest rate hikes will depend on the economic, price, and financial outlook. Vigilance must be maintained regarding various risks, including trends in overseas markets. (Jin Ten)

ChainCatcher news, Lightspark co-founder and Chief Strategy Officer, Christian Catalini, founder of the MIT Cryptoeconomics Lab (who was also a co-founder of the failed Diem/Libra project), shared his views on the U.S. debt, the Bitcoin strategic reserve proposal, and the calls to replace Federal Reserve Chairman Powell.Catalini believes that despite some false advertising in the market, the U.S. is not on the brink of a debt crisis. From a broader perspective, the world has accumulated debt, especially after the 2008 global financial crisis. While this does not mean that over-indebtedness is a good thing, it is a common issue that almost every country must address in some way. However, if Powell is removed in January next year, it would undermine the institutional credibility of the SEC and weaken the dollar, raising doubts about the market's ability to maintain debt. If Bitcoin were to truly become a strategic reserve asset in the future, it could signify "the end of the Federal Reserve's leadership in global monetary policy."

ChainCatcher news, according to Jinshi reports, since Trump has taken the lead in the prediction market and won his second term on Tuesday, the U.S. bond market has experienced a slight crash, leading to an increase in mortgage and other household borrowing costs. Fortunately, Trump has a clear way to mitigate this damage and start his term on a good note: he should announce that he fully trusts Federal Reserve Chairman Powell, whose term will last until May 2026, and commit to remaining silent on monetary policy issues.Powell had a brief conversation with reporter Victoria Guida:Guida: Some of Trump's advisors suggest you should resign. If he asks you to leave, would you go?Powell: No.Guida: Do you believe legally you don't have to leave?Powell: No, I don't have to.It is reported that Powell was not joking. Following these comments, the yield on the 10-year U.S. Treasury initially fell by about 4 basis points, totaling a decline of 11 basis points for the day.

ChainCatcher message, Federal Reserve Chairman Powell stated at a press conference that no decision has been made regarding what policy action the central bank will take in December. He said, "In the face of uncertain prospects, we are prepared to adjust our assessment of the appropriate pace and ultimate goals of monetary policy."

ChainCatcher message, Federal Reserve Chairman Powell will hold a monetary policy press conference in ten minutes.

ChainCatcher news, a Reuters survey shows that the Brazilian central bank will raise the benchmark interest rate by 50 basis points on November 6, marking the second step in its short-term tightening actions, in stark contrast to the policy easing in most global markets. The Brazilian central bank's monetary policy committee, Copom, raised the benchmark interest rate by 25 basis points last month, the first increase in two years, and hinted at more adjustments to come in response to a challenging inflation outlook.According to the Reuters survey conducted from October 21 to 25, the median estimate of 34 economists indicates that Copom may raise the Selic rate from 10.75% to 11.25%. Among them, 30 economists expect a 50 basis point increase, while four predict an additional 25 basis points increase.

ChainCatcher news, according to Forbes, recent research shows that major financial institutions, including the Federal Reserve Bank of Minneapolis, the European Central Bank (ECB), and the International Monetary Fund (IMF), are intensifying their research on Bitcoin. These institutions are generally concerned about the potential impact of Bitcoin on traditional monetary policy.The latest research released by the ECB when Bitcoin's price approached $70,000 indicates that the rise in Bitcoin's price could lead to a wealth redistribution effect, benefiting early holders while reducing the purchasing power of other social groups. The Minneapolis Fed warns that the existence of Bitcoin may affect the government's ability to sustain budget deficits.The IMF's policy document in 2023 specifically emphasizes that crypto assets could undermine the effectiveness of monetary policy in emerging markets. The IMF suggests that while countries should strengthen regulation, they should focus on enhancing the credibility of their monetary policy frameworks rather than implementing a comprehensive ban. These studies indicate that central banks are reassessing the challenges posed by Bitcoin to the traditional financial system.

ChainCatcher news, European Central Bank President Lagarde defended two main targets often criticized by Trump: monetary policymakers and global trade.Lagarde suggested that Trump visit Frankfurt to understand how challenging the work of Federal Reserve Chairman Powell, whom he frequently criticizes, really is. She discussed the issue of monetary policymakers being susceptible to political criticism during an interview.Lagarde also stated that Trump's notion that setting interest rates is easy is incorrect. In addition to monetary policymakers, Lagarde also expressed disagreement on the tariff issues that Trump is most passionate about.

ChainCatcher message, Fed's Daly stated that the Fed will continue to adjust policies to adapt to economic conditions; further rate cuts are expected in the future; no reasons have been seen to stop rate cuts; monetary policy is certainly still tight; does not want to see further deterioration in the labor market; the recent rate cut by the Fed passed by a narrow margin, and I strongly supported a 50 basis point cut at that time.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Daly stated that the interest rate cut in September is a moderate adjustment of monetary policy, and the recent inflation readings are just slightly above 2%. Households, businesses, and markets have seen progress in inflation and believe that this progress will continue. The Federal Reserve's monetary policy remains restrictive and is working to reduce inflation.