ChainCatcher news, Binance founder Zhao Changpeng (CZ) stated on social media that his Pay to Reach concept, published on Binance Square 18 days ago, has quickly come to fruition. A developer provided a prototype just days after seeing the article, and after discussions, adjustments, and security reviews, the product went live yesterday.Zhao Changpeng mentioned that he has added the service URL (Reachme platform link) to his profile on the X platform. Initially priced at 0.04 BNB (about $24) per message, he immediately received a large number of short and meaningless messages; after raising it to 0.1 BNB, he still received over 100 messages. Currently, he has further adjusted the price to 0.2 BNB (about $120) and stated that he will continue to look for the right price point, hoping to control the average daily message volume to about 10 messages. He also suggested that users read his communication skills guide before sending messages to improve communication efficiency.Previous news, Zhao Changpeng's X account biography has added a DM link, allowing users to pay BNB to send him messages.

ChainCatcher news, according to Jinshi reports, traders are increasing their bets on a Federal Reserve rate cut, with the market now fully pricing in three rate cuts in 2025.

ChainCatcher news, according to official news, Strategy (formerly MicroStrategy) announced the pricing of a $2 billion convertible senior notes offering.The initial conversion rate of the notes will be 2.3072 shares of MicroStrategy Class A common stock for each $1,000 principal amount of the notes, equivalent to an initial conversion price of approximately $433.43 per share.

ChainCatcher message, the official encrypted wallet Phantom announced on platform X that it has launched a multi-currency pricing feature. Users can now view their account asset balances and token prices in 16 fiat currencies, including British Pound (GBP), South Korean Won (KRW), US Dollar (USD), and Euro (EUR).

ChainCatcher news, according to Jinshi reports, traders are increasing bets on the Federal Reserve cutting interest rates, fully pricing in a 50 basis point cut this year.

ChainCatcher news, according to Jinshi reports, traders are no longer fully pricing in bets that the Federal Reserve will cut interest rates before July.

ChainCatcher news, according to Jinshi reports, LBBW analyst Elmar Voelker stated in a report that the interest rate decision at the Federal Reserve's meeting next week is not as clear-cut as the forward rates suggest."In our view, the recently released U.S. macroeconomic data does not provide a clear template for the upcoming interest rate decision," said the seasoned fixed-income analyst. Voelker noted that from the perspective of bond market participants, "a rate cut in December and a pause in January" is not much different from "a pause in December and a rate cut in January."LSEG data shows that the money market believes there is a 94% chance of a 25 basis point rate cut by the Federal Reserve next week, while the probability of maintaining the current rate is 6%.

ChainCatcher news, according to Jin10, Deutsche Bank's head of currency research George Saravelos stated that the market previously believed that the impact of Trump's election as president was somewhat priced in before he took office, but in fact, the market's pricing of the Trump effect has not been excessive at all.He explained: "In our model, the dollar's safe-haven premium is only 3%, while during the first trade war it was as high as 10%. The bottom line is that the market's pricing of the Trump effect has not been excessive at all."

ChainCatcher news, the Hong Kong Legislative Council's Web3 and Virtual Assets Development Subcommittee held a meeting on November 19 to discuss the promotion of blockchain technology applications and Web3 development. Business sector member Yan Gang suggested combining the virtual asset index with the development of local stablecoins, allowing Hong Kong to gain a certain degree of influence in the pricing power of virtual asset trading. He hopes that the SAR government will further plan in this regard.

ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell will participate in a dialogue at 04:00 AM Beijing time on November 15 (Friday), marking his first public speech since the November FOMC meeting, where he may comment on recent economic data. Investors and economists will closely watch for his clues regarding the Federal Reserve's December interest rate decision and the policy outlook for 2025. In recent speeches, Powell emphasized the risk balance of the Federal Reserve's dual mandate—stabilizing inflation and supporting maximum employment. He described the Fed's rate-cutting path as a "normalization" of policy.Wednesday's interest rate futures market pricing suggests that there is over an 80% chance of a 25 basis point rate cut at the Federal Reserve's meeting on December 17-18. The update to the policymakers' quarterly economic projections in September showed a median forecast of a 1 percentage point rate cut in 2024, followed by another 1 percentage point cut in 2025. Officials will update the "dot plot" at the December meeting, which may indicate the policy path for 2025 and beyond.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on platform X stating that the current pricing of the Bitcoin options market is between $68,000 and $95,000 for the end of the year BTC price.

ChainCatcher news, Greeks.live macro researcher Adam posted that as Trump won the U.S. election, the year's biggest uncertainty event has come to an end, and BTC also reached a historical high today during the most intense moments of the election.Starting this afternoon, the IV of major expiration options began to decline, especially the IV of the end-of-month options, which has dropped from 100% to around 60%, as the market is gradually pricing in Trump's election.

ChainCatcher news, according to The Block, the tokenization company Superstate announced an upgrade to its USTB fund, introducing a "continuous pricing" feature that allows the fund's net asset value (NAV) to update dynamically. USTB holders will enjoy real-time interest accumulation, avoiding the delays of traditional market settlement cycles, allowing investors to start earning returns from the moment of investment without waiting for the next trading day's NAV update.Superstate founder Robert Leshner stated that this move marks a breakthrough for the company in traditional finance (TradFi), bringing blockchain logic into traditional finance to enhance the fund product experience. In the future, Superstate plans to launch atomic minting and redemption features based on this functionality and achieve instant conversion between USTB and USDC, paving the way for efficient integration of DeFi protocols with T-bills. Currently, USTB manages assets exceeding $145 million, with a seven-day yield of 4.80%.

ChainCatcher message, Deutsche Bank stated that despite recent polls leaning towards a Trump victory, market pricing remains cautious. Although there is discussion in the market about the "Trump trade," the extent of market pricing for a Trump victory is still quite cautious.Deutsche Bank illustrates this through the dollar in the foreign exchange market and a basket of S&P 500 companies that are most sensitive to tariffs. They believe that the euro to dollar exchange rate fell from 1.12 to 1.09 mainly due to a repricing of expectations for the Federal Reserve following the release of strong U.S. employment data. They also pointed out that the stock prices of the basket of S&P 500 companies sensitive to tariffs have been trading sideways, only recently starting to perform poorly, which aligns with the recent polling trends. Deutsche Bank wrote, "The market has begun to price in an increased probability of a Trump victory, but the extent of this impact on market pricing remains quite small."

ChainCatcher news, according to CoinDesk, the current pricing method for BTC options trading on Deribit indicates that there is a 9.58% chance that the price will rise above $100,000 by December 27.

ChainCatcher news, according to CoinDesk, a trader on Polymarket caused a brief mispricing in the 2024 U.S. presidential election market by making a large purchase of Trump "victory" contracts. The trader spent over $3 million in a short period to buy 4.5 million contracts, temporarily pushing the probability of Trump's victory to 99%, far above the actual market rate of 63% at the time.This pricing anomaly was caused by Polymarket's on-chain order book mechanism. In a $275,000 order, the trader executed at 99% odds, while other orders were executed at 65.9 cents and 62.7 cents, respectively. Polymarket's dynamic order book adjusts prices with each transaction, which can lead to significant slippage for large trades, temporarily distorting the actual odds.As of now, the probability of Trump winning on Polymarket is 63%, while Kamala Harris's odds stand at 36%. The market's cumulative trading volume has exceeded $2.2 billion, making it the largest market by trading volume on the platform.

ChainCatcher news, ING stated that there has been a hawkish repricing of the Federal Reserve's interest rate expectations recently, and some FOMC members are currently skeptical about consecutive rate cuts before the end of the year. ING analyst Francesco Pesole mentioned in a report that the dollar may continue to appreciate ahead of the fiercely contested U.S. presidential election next month.Pesole noted that the dollar might "lose some momentum mid-week" on Wednesday, but overall, the dollar is expected to rise for most of the time leading up to the election. Additionally, the reduced expectations for Fed rate cuts have also boosted the dollar.