ChainCatcher message, Federal Reserve's Goolsbee stated that the path to a 2% inflation rate looked good before new uncertainties emerged.

ChainCatcher news, according to Jinshi reports, ECB Governing Council member Simkus expressed support for the expectation of three more rate cuts in 2025, stating that the direction of interest rates is clear, the next steps are also clear, and there is no good reason to not cut rates in March.

ChainCatcher news, Stacks co-founder Muneeb Ali stated that as the initial excitement fades, more than two-thirds of existing Bitcoin Layer 2 projects will no longer exist within three years.When discussing the Bitcoin L2 ecosystem, Ali mentioned that most projects have begun to realize that "the market is very tough."

ChainCatcher news, according to Jin10, the Grok app developed by Elon Musk's xAI has risen to the top of the free app rankings in the US App Store, surpassing ChatGPT.

ChainCatcher news, according to ledgerinsights, Thailand's Finance Minister Pichai Chunhavajira stated that the government plans to directly issue 5 billion baht (148 million USD) in government bonds to the public before the end of the fiscal year (September 30). The initial issuance will be regarded as a sandbox project and can be traded on a digital bond platform.The minister said, "We will allow retail investors to participate, regardless of their financial situation. They can invest any amount and trade directly on the platform, bypassing traditional bank counters. There are currently many platforms available, and with private sector participation, we expect management costs to decrease, with a minimum investment amount of 1,000 baht."In addition, the minister mentioned that the government is considering merging the Securities Act with the Digital Assets Act.

ChainCatcher news, CocoCat has been invited to attend the Hong Kong Consensus AI Web3 Summit, which will be held on February 20, 2025. This summit brings together over 30 global crypto institutions, including OKX and Bitget. CocoCat co-founder Eric Jiang will attend and deliver a speech, delving into how to drive innovation and transformation in distributed infrastructure.It is reported that CocoCat's global nodes have surpassed 200,000, continuously providing innovative support and scalable infrastructure solutions for global developers. With its open and decentralized architecture, CocoCat is committed to promoting the adoption of distributed privacy networks, offering efficient and flexible network services to support the rapid development of decentralized applications (DApps).

ChainCatcher news, according to The Miner Mag, Bitcoin mining company Core Scientific has expanded its high-performance computing (HPC) hosting business to Auburn, Alabama, by leasing AUBix's existing facilities. The company plans to make an initial capital investment of approximately $135 million in this 40,000 square foot facility, with total investments expected to exceed $400 million.Auburn Mayor Ron Anders stated that Core Scientific's $400 million investment is expected to bring in $1.5 million in annual tax revenue for the local area. The lease is for a term of 10 years, with the company having the option to extend it in increments of 5 years for up to 15 years.It is worth noting that Core Scientific resumed its full "HODL" strategy in January of this year, retaining all monthly Bitcoin production, increasing its Bitcoin holdings to over 500 coins.

ChainCatcher news, according to The Block, Trump stated at the Future Investment Initiative conference in Miami on Wednesday: "Bitcoin has reached multiple all-time highs because everyone knows I am committed to making America the capital of cryptocurrency."He added, "We want to be at the forefront of everything, and one of those is cryptocurrency, and Miami seems to be the center of action. Think about it carefully, maybe it will always exist."Washington is expected to have the most pro-cryptocurrency Congress to date, with pro-cryptocurrency lawmakers like Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill leading key committees that dominate crypto regulation.

ChainCatcher news, FOX Business reporter Eleanor Terrett stated that, according to several legal sources, the SEC has been prioritizing cases with court deadlines, which explains why we have not yet seen any pause requests in the Ripple and Kraken cases.Ripple's next court deadline is April 16, while Kraken's deadline appears to be March 31. The Binance case has been postponed to April 14, Lejilex's case to April 11, and Coinbase has agreed with the SEC to extend the deadline, allowing the SEC to respond to Coinbase's interim appeal request by March 14.SEC leadership may expect that Trump-nominated Chairman Paul Atkins will be confirmed by then. In the meantime, the cryptocurrency special working group, Congress, and the Presidential Working Group on Digital Assets may be working to fill the regulatory gaps that led to the initial lawsuits.

ChainCatcher news, according to The Block, derivative data shows that investor optimism is heating up again, with traders preparing for a rebound in ETH prices ahead of the April Pectra upgrade, while Solana faces downward price pressure.Nick Forster, founder of Derive.xyz, stated that the seven-day implied volatility (IV) for ETH is 66% (comparable to the six-month IV), while Bitcoin's IV is significantly lower. He expects a 30% chance that Ethereum's price will break $3,000 by the end of this quarter, up from 28% last week.

ChainCatcher news, during the "Trends and Rhythms of the New Web3 Cycle" event held at Consensus HK, UFLY Labs Investment Partner & UXLINK co-founder Neal, BrickBank founder & CEO Jeffrey, GOAT Network growth lead Annie, SevenX Ventures investor Yinghao, and Hashkey Capital investor Rui shared insights in a roundtable discussion on the theme of "New Trends in 2025."Regarding the direction of the current market, Annie believes it is difficult to apply the experiences of previous cycles and cannot draw simple conclusions, but she is relatively pessimistic at the moment; Yinghao predicts that the market will be very differentiated, with Bitcoin, Ethereum, and Solana having their own independent trends; Neal thinks this bull market is more influenced by macro factors than any previous cycle and advises investors to pay more attention to macro trends. Jeffrey believes that besides macro factors, there are also signs of large-scale applications in the industry, indicating that the industry is progressing. Rui states that where there is volatility, there are opportunities, and the discussion of whether a bull market exists is not very meaningful.In an uncertain market, what key areas should be focused on? Rui believes that new content will certainly emerge and suggests paying attention to mechanisms that are more competitive and complex. Jeffrey recommends looking for directions with a profit-making effect and then finding targets within that direction. Neal indicates he will heavily invest in AI; besides AI and memes, Annie is also focused on RWA. Yinghao is interested in new assets and new asset issuance methods.

ChainCatcher news, the chairman of the Financial Services Commission (FSC) of South Korea, Kim Byeong-hwan, stated that the country needs to take action to regulate stablecoins "swiftly," but he expressed concerns about the "strength" of the dollar.Kim Byeong-hwan said, "I also believe that stablecoin regulation needs to be formulated quickly, but we need to consider that the strength of the dollar is currently influenced by potential macro factors, including the strong performance of the U.S. economy."These remarks seem to indicate that the FSC is still expected to introduce stablecoin regulatory provisions later this year. Legislators and financial regulators are currently working on the "second phase" of the Virtual Asset User Protection Act, a piece of legislation related to cryptocurrencies, which is set to take effect in mid-2024. Cryptocurrency advocates hope that regulators will include provisions regarding stablecoin regulation in this new bill.

ChainCatcher news, according to Cointelegraph, Hong Kong's Financial Secretary Paul Chan stated during his keynote speech at the "Consensus Hong Kong 2025" conference that as the Web3 ecosystem continues to develop, Hong Kong will maintain a stable, open, and vibrant digital asset market.Paul Chan pointed out that Hong Kong is making significant investments in related infrastructure and talent development. Currently, Hong Kong's Cyberport has gathered over 270 blockchain companies, with more than 120 added in the past 17 months.

ChainCatcher news, according to Etoday, the South Korean Supreme Court has ruled that the stablecoin TerraUSD and the cryptocurrency Luna are not considered financial investment products or securities. These digital assets collapsed in May 2022, resulting in a loss of approximately $40 billion in value. The latest court ruling may impact similar legal disputes in lower courts.In November 2022, a court in Seoul rejected the prosecutors' request to confiscate the assets of Daniel Shin, co-founder of Terraform Labs, the company behind these tokens. When the prosecutors appealed, the same court reaffirmed its ruling in February 2023.In the appellate court, the judges stated that the evidence provided by the prosecution was insufficient to classify Luna as a "financial investment product" under the Financial Investment Services and Capital Markets Act. This ruling was made three years after the legal proceedings began.

ChainCatcher news, The ETF Store President Nate Geraci stated on social media that the fund giant Charles Schwab has established a digital asset chief position, which is expected to provide cryptocurrency spot trading services. The company is currently one of the largest brokerage firms in the United States.

ChainCatcher news, according to Bloomberg, the Singapore blockchain platform DigiFT will offer a tokenized version of Invesco's $6.3 billion private credit fund. According to a statement from DigiFT on Wednesday, institutional investors can purchase tokenized shares of the underlying Invesco fund using US dollars or stablecoins USDC and USDT.DigiFT CEO Henry Zhang stated that the Invesco fund invests in the company's senior secured loans, which have achieved an annual net return of 4.5% since its establishment in 2006. According to data provider rwa.xyz, private credit accounts for about 80% of the tokenized RWA to date.Invesco, with assets under management of approximately $1.9 trillion, stated in a report last November that by 2030, the asset size of tokenized funds could swell to $60 billion, accounting for about 1% of the total assets managed by mutual funds and exchange-traded funds. Zhang mentioned that DigiFT aims to ultimately provide instant settlement for the tokenized version of the Invesco fund, while the settlement time for the underlying instruments can take up to five days.