ChainCatcher news, Binance posted on platform X that its Global Head of Special Investigations, Erin Fracolli, met with the Singapore police, including representatives from the Anti-Fraud Centre. The focus of their discussion was to explore opportunities for enhanced collaboration and to improve the effectiveness of investigations related to fraud cases.

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on social media that based on the Federal Reserve's historical responses to high volatility, we know that once they start cutting interest rates, they usually continue to lower them until rates are close to 0%. The Federal Reserve will continue to cut rates, and the banking system will continue to release more dollars. Regardless of who wins the U.S. presidential election, the government will also continue to borrow to gain public support. Economic difficulties will be addressed through lower euro rates set by the European Central Bank. Meanwhile, governments will begin to pressure banks to lend more to local businesses to provide job opportunities and rebuild the increasingly crumbling infrastructure.As the Federal Reserve cuts rates and U.S. banks issue more credit, the dollar will weaken. This provides an opportunity for the Chinese government to increase credit growth while maintaining the stability of the RMB to USD exchange rate. If the Federal Reserve prints money, the People's Bank of China can take similar measures. This week, the PBOC announced a series of interest rate cuts across the Chinese financial system. This is just the beginning; the real "big weapon" will emerge when banks issue more credit. If other major economies are now easing monetary policy, the pressure on the Bank of Japan to raise rates quickly will decrease.Major global economies are once again suppressing the volatility of their countries or economies by lowering the cost of funds and increasing the supply of funds. If you have fully invested in cryptocurrencies, relax and watch the fiat value of your portfolio soar. If you still have some fiat funds, seize the opportunity to enter the crypto market.

ChainCatcher news, according to Bitcoin.com, U.S. Congressman Warren Davidson introduced the "Assessing DeFi Opportunities Act" on Tuesday. The bill calls for the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Secretary of the Treasury to jointly study decentralized finance (DeFi). Davidson emphasized that DeFi plays a crucial role in the future of capital markets, but he expressed concerns about the Biden-Harris administration's regulatory approach to the sector. He described, "This legislation ensures that the federal government can implement data-driven financial regulation without interfering with the development of digital markets or jeopardizing the user privacy provided by DeFi."Lawmakers pointed out that as the number of users continues to grow, the total market capitalization of DeFi has soared to approximately $75 billion. However, Davidson warned that excessive regulation could stifle innovation and lead to investments flowing overseas. The proposed study aims to help regulators understand the benefits of DeFi, such as the operational resilience of blockchain, market competition, and user privacy protection. Davidson stressed that regulators need to "take a cautious approach" to ensure that DeFi can thrive without compromising user privacy or innovation.

ChainCatcher news, 10x Research released a report stating that its trading signals have increased long positions to a net long position of 70% for the first time. According to historical pattern analysis, this shift indicates that Bitcoin and Ethereum may provide attractive buying opportunities within a 2-3 month timeframe.

ChainCatcher news, according to Bloomberg, so far, crypto-native companies like Coinbase Global Inc. and BitGo Inc. have been the dominant service providers, while traditional financial firms mostly remain in a holding pattern due to concerns over regulatory uncertainty surrounding digital assets.Although the current custody market is only about $300 million, the business remains attractive, with companies like Fireblocks Inc. estimating an annual growth rate of around 30% for the industry.Leading custody banks such as BNY Mellon, State Street Corp., and Citigroup Inc. have begun to dip their toes into the cryptocurrency custody space or have expressed interest. Despite facing setbacks, these companies are experimenting, with many plans focused on the protection of tokenized assets.For example, JPMorgan Chase & Co. operates a project called Onyx, which allows blockchain payments between bank clients. In December last year, a custody trust and clearing company acquired Securrency to provide products for tokenizing traditional financial assets. In August of this year, State Street chose the vendor Taurus for the tokenization and custody of digital asset services.One major issue hindering the entry of established financial institutions is a U.S. SEC regulation known as SAB 121, which prevents highly regulated financial companies from offering cryptocurrency custody services. President Biden vetoed efforts by Congress to overturn the rule. Several banks have received exemptions.

ChainCatcher news, Emma Cui, CEO of LongHash Ventures, stated during the Space hosted by RootData on "The Shift and Opportunities in Current Market Investment Logic" that the current market rally is primarily driven by institutional funds entering, but the real bull market has not yet begun. The indicator for determining whether a bull market has started is whether there is a significant emergence of innovation in the market."In the upcoming market, we can pay attention to the U.S. elections in November, which may present an opportunity. As for the impact of the Federal Reserve's interest rate cuts, the market may improve or worsen afterward," Emma Cui said during the Space.

ChainCatcher news, JPMorgan's latest research report shows that based on the current Bitcoin price, the potential value of the remaining 1.3 million Bitcoins to be mined is approximately $74 billion. The bank also lowered the target prices for CleanSpark (CLSK), Iren (IREN), Marathon Digital (MARA), and Riot Platforms (RIOT) to reflect the second-quarter performance as well as changes in Bitcoin prices and network hash rates.JPMorgan expects the block reward revenue opportunity over the next four years to be around $37 billion, a 19% decrease from early June, but an 85% increase year-on-year. The bank expressed a preference for Iren and Riot Platforms, believing that the recent poor performance of these stocks provides a buying opportunity for investors.