ChainCatcher news, according to The Information, Google has officially terminated its six-year-old commitment not to use artificial intelligence for weapons or surveillance.According to Google's latest policy, the company will responsibly use AI by "implementing appropriate human oversight, due diligence, and feedback mechanisms" to align with user goals, social responsibility, and widely accepted international law and human rights principles.James Manyika, Senior Vice President of Google Research, and Demis Hassabis, head of AI, stated in an article that democratic countries should lead AI development guided by core values.

ChainCatcher news, according to Cointelegraph, Landon Zinda has resigned from his position as Policy Director at the cryptocurrency advocacy organization Coin Center to join the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group. In an announcement on February 4, SEC Acting Chair Mark Uyeda stated that Zinda has joined the commission as a senior advisor to the cryptocurrency working group. The former Coin Center director will work alongside Chief of Staff Richard Gabbert and Chief Policy Advisor Taylor Asher in the group led by Commissioner Hester Peirce.Coin Center's Communications Director Neeraj Agrawal confirmed that Zinda "is no longer an employee of the organization." As of February 4, his name still appeared on Coin Center's website, and his LinkedIn profile indicated that he had been working at the advocacy organization since March 2023.The cryptocurrency working group was announced on January 21, with the aim of "helping the commission delineate clear regulatory boundaries, providing practical registration pathways, developing reasonable disclosure frameworks, and prudently deploying enforcement resources." The SEC stated that the group would coordinate with other federal agencies, including the Commodity Futures Trading Commission.

ChainCatcher news, FOX reporter Eleanor Terrett stated that tomorrow is expected to be a busy day for cryptocurrency policy-making in the U.S. Congress.

ChainCatcher news, former U.S. Treasury Secretary Larry Summers stated in an interview that Trump's tariff policy goes against economic logic. This means higher prices for consumers and significantly higher input costs for American producers.Summers questioned, "Why are we now deciding to wage economic war against Canada among so many countries in the world? Canada's minimum wage and basic wages are higher, and unions provide more protection for workers than in the U.S. I just don't understand the logic of these policies; there is no doubt that this is a regressive tax on American consumers."

ChainCatcher news, according to Jinshi reports, Goldman Sachs strategists indicate that due to the latest round of tariffs from the Trump administration affecting profit forecasts, the U.S. stock market could potentially decline by 5% in the coming months.Goldman Sachs strategist David Kostin wrote in a report: "These statements have shocked many investors, who expected tariffs to be imposed only in the event of a failure in trade negotiations. Our economists believe the outlook is uncertain, but they think the tariffs on Canada and Mexico are likely to be temporary."Kostin stated that if the latest tariffs persist, he would lower his profit forecasts for S&P 500 constituent companies by about 2% to 3%, not accounting for the impact of further tightening financial conditions or changes in consumer and business behavior. He also warned that due to the dual impact on profits and stock valuations, the fair value of the S&P 500 index could decline by about 5% in the short term.

ChainCatcher news, QCP Capital's latest analysis points out that the first round of trade policies from the Trump administration has triggered significant volatility in global markets. The yield curve for government bonds has entered a bear flattening phase—2-year yields are rising while 10-year yields are falling, indicating market concerns about short-term inflation and the long-term risks of the trade war on global economic growth.The gold price spread between New York and London has widened, reflecting not only the closure of popular EFP arbitrage trades but also suggesting that the transfer of gold between different vaults may face logistical challenges, reminding the market of the uncertainty that tariffs may further expand.The cryptocurrency market has experienced a severe sell-off. As a risk indicator before the opening of the U.S. market, the cryptocurrency market saw nearly $2 billion in liquidations, with ETH declining more than BTC. Analysts believe that today's risk-averse sentiment is primarily driven by cross-asset portfolio rebalancing rather than a single asset event. Market volatility is expected to continue ahead of negotiations between Trump and Canada/Mexico and the implementation of EU tariff policies.

ChainCatcher news, according to Jinshi reports, the Nikkei 225 index closed down 1052.40 points on February 3 (Monday), a decrease of 2.66%, at 38520.09 points; the South Korean KOSPI index closed down 64.04 points on February 3 (Monday), a decrease of 2.54%, at 2453.33 points.

According to Bloomberg, the cryptocurrency market has been severely impacted following Trump's announcement of new tariffs. Specifically, BTC fell by 4.3% in trading last Sunday, ETH dropped by 8%, and the sell-off of altcoins was even more intense, with DOGE declining by around 14%, while altcoins like XRP, ADA, AVAX, and LINK all fell by more than 10%.Caroline Bowler, CEO of BTC Markets, stated: Trump's tariff policy is affecting the entire market, and concerns about a recession triggered by the trade war and stagflation are spreading to the altcoin and Bitcoin markets.According to a U.S. official, Trump is imposing a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese goods, which will trigger a new round of trade wars.

ChainCatcher message, Robert Kiyosaki, the author of "Rich Dad Poor Dad," stated on X that with Trump's new tariff policy taking effect, gold, silver, and Bitcoin may crash. However, the price crash also brings more buying opportunities. The real issue is debt, which will only get worse.

ChainCatcher news, Federal Reserve Chairman Powell stated at the press conference that the current policy is significantly more accommodative compared to when it started cutting interest rates. He also mentioned that discussions on the policy framework have begun at this meeting, and the framework review will conclude at the end of the summer. (Jin Ten)

ChainCatcher news, Federal Reserve Chairman Powell stated at the press conference that there is no need to rush to adjust the policy interest rate. He pointed out that inflation is closer to the target but still somewhat elevated. The labor market is not a source of inflationary pressure. The unemployment rate remains at 4.1%, still at a low level. (Golden Ten)

ChainCatcher message, the Federal Reserve keeps interest rates unchanged, providing little insight into when borrowing costs might be further reduced in an economy where inflation remains above target, growth continues, and unemployment is low.Federal Reserve officials stated that they essentially believe progress in reducing inflation will resume this year, but they have now paused rate cuts, waiting for data confirmation. Officials expressed that they want to see whether inflation continues to decline to the Federal Reserve's target level in the coming months before easing monetary policy again, while also being uncertain about the impact of Trump's plans on price pressures, the labor market, and economic growth. (Jin Ten)

ChainCatcher news, according to the official website, the U.S. Securities and Exchange Commission (SEC) announced the withdrawal of the cryptocurrency accounting policy SAB 121 in its latest employee accounting announcement No. 122.The document rescinds the interpretive guidance contained in Topic 5.FF, titled "Accounting for an Entity's Obligation to Safeguard Crypto Assets Held for Platform Users." Entities should fully retroactively withdraw Topic 5.FF in annual periods beginning after December 15, 2024.Additionally, the SEC emphasized that entities remain obligated to disclose risks related to the custody of crypto assets in accordance with existing regulations.

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the United States slightly increased last week, indicating that employment may continue to grow steadily in January. The severe cold weather in most parts of the United States and the wildfires in Los Angeles may increase initial claims in the coming weeks.In addition to weather factors, the job market remains stable, keeping economic growth on a normal track. The Trump administration's crackdown on immigration, tax cuts, and tariff plans may lead to inflation, which has also intensified the Federal Reserve's cautious stance on monetary policy direction.Economists say that large-scale deportations and restrictions on legal immigration could hinder the labor market. The Federal Reserve's policy meeting next week is not expected to result in an interest rate cut.

ChainCatcher news, according to Bloomberg, Coinbase's U.S. policy head Kara Calvert stated that she is "not worried at all" about Trump not mentioning cryptocurrency in his inauguration speech, and after Trump launched his own meme coin, she indicated that Coinbase would remain "neutral" when considering new listings.

ChainCatcher news, according to The Block, Presto Research analyst Min Jung stated that the rise in the crypto market is mainly driven by lower-than-expected CPI data, which temporarily alleviated inflation concerns. The core consumer price index for December was 3.2%, lower than expected and also below November's 3.3%. Additionally, news related to Trump played an important role, including his plan to make cryptocurrency a "national priority" and his openness to exploring support for establishing a cryptocurrency reserve in the United States.Min Jung indicated that the broader market is cautiously optimistic, with macro-level focus primarily on inflation issues. The lower CPI data provided a temporary relief, but investors are still closely monitoring any signals that may indicate sustained inflationary pressures. Jung predicts that more news related to Trump potentially establishing a national Bitcoin reserve may further exacerbate market volatility in the short term.