ChainCatcher news, according to Santiment analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past 6 months. A slight sell-off from mid-February to early March exacerbated the recent decline in the crypto market, but since March 3, these large wallets have been accumulating nearly 5,000 bitcoins again, while retail investor sentiment remains fearful.Data charts show several key timestamps: on October 12 last year, large holders began accumulating at the start of the bull market; accumulation paused during the holiday drop on December 26; accumulation resumed on January 12, a week before Trump's inauguration (when bitcoin reached a historic high of $109,000); selling began on February 19; and accumulation started again on March 3, when retail sentiment was at its most pessimistic.Santiment states that while prices have not yet reacted to the buying behavior of large holders, if these key stakeholders continue to accumulate, the market performance in the second half of March may be better than the "bloodbath" seen in the 7 weeks following bitcoin's historic high.

ChainCatcher news, recently, Huobi HTX held a Twitter Space themed "Can we still catch the bus in the crypto market downturn?"Crypto KOLs J@Crypto, SteveRen, AK, 527, and Big Brother were invited to attend and shared trading strategies behind the significant drop in the crypto market. The five guests generally believe that Trump's tax cuts, deregulation, and tariff policies, combined with the Federal Reserve's high interest rates of 4.25%-4.50%, have hindered global capital flows and reduced market liquidity.At the same time, the Solana celebrity coin controversy, the Bybit theft incident, and the repeated rejection of state-level Bitcoin reserve bills in the U.S. have led to a concentrated outbreak of negative news, causing the crypto market to decline continuously. J@Crypto believes that the downturn is a short-term shock, and long-term confidence remains. Institutions and traditional funds are slowly positioning themselves, which will extend the bull market cycle. SteveRen analyzed from a technical perspective that Bitcoin has reached the bull-bear boundary EMA200 moving average, and a sharp decline is unlikely to see a quick rebound in the short term.From the perspective of ecological construction, Ethereum is superior to Solana and SUI, with certain potential for an explosion. Big Brother optimistically believes that the Federal Reserve's expectation of interest rate cuts in the second half of the year may boost BTC to new highs. In extreme market conditions, prioritizing BTC with a 70%-80% position allocation, while managing positions and risks, can outperform most people. 527 believes that BTC will oscillate at a high level within the range of 70k-105k. During this period, there may be innovations and explosions in the on-chain ecosystem. Large positions can be allocated to wealth management or held in BTC, while small funds can seize on-chain opportunities.In contrast, AK is more pessimistic. He believes that the bull market ended last year, and the bear market has arrived. Altcoin liquidity has dried up, leaving no room for rebounds; funds can be placed in wealth management products on exchanges like Huobi HTX, such as USDD with up to 20% annualized returns; or one can wait for lower prices to heavily invest in BTC.

ChainCatcher news, in the Space hosted by Wu Shuo and Cobo, Shen Yu recalled for the first time the scene of 12,000 ETH being stolen last year: at that time, Eigenlayer was airdropping tokens, and his physical condition was not ideal. He clicked on a wrong link, which had issues. Although there were risk controls for the domain name and DNS resolution, it was just bypassed. The hardware wallet was a blind sign, and he didn't check it carefully. It was likely North Korean hackers, and it couldn't be recovered. But later, it was found that the safe multi-signature issue was even more serious, with almost every transaction being a blind sign.Shen Yu stated that in the face of national power, trained since his teens, penetrating enterprises, and the challenges of human nature, the industry needs to have a clear awareness. When facing such opponents, even a slight relaxation of human nature is not acceptable; very resilient means and methods are needed, and possibly an independent third party may need to join in security management.Regarding expectations for the market this year, Shen Yu mentioned that it might be in the second half of the year, around June to October, after the U.S. national reserve becomes clearer, that the industry market will see a significant influx of new funds. As for the transition between bull and bear markets, it is difficult to judge; the key depends on whether there will be results from the U.S. national reserve this year. If there are no results, the bull market may end, but at this moment, the probability of it passing is still relatively high.

ChainCatcher news, billionaire hedge fund founder Steve Cohen, founder of Point72, stated during a speech in Miami that U.S. stocks may experience a significant adjustment due to the policies of the Trump administration. Cohen expects that in the second half of 2025, the growth rate of the U.S. economy will slow from 2.5% to 1.5%, marking "the first time in a while that I feel very negative."Cohen pointed out that the tariff policies of the Trump administration are essentially a form of taxation, which could provoke international trade retaliation; at the same time, immigration restrictions will affect labor force growth, and the anti-corruption initiatives of the Department of Government Efficiency (DOGE) are essentially contractionary policies. These factors combined will have a negative impact on the economy. Against the backdrop of the S&P 500 index rising over 50% since the beginning of 2023 and Nvidia's increase of 800%, current market valuations are at historical highs, with most investors, including hedge funds and retail investors, holding near-maximum positions, leading to significant downside risks in the market.It is reported that Point72 is known as "Wall Street's craziest money-making machine," and Cohen has been named by U.S. media as the most influential trader in Wall Street history. He is also the inspiration for the character Bobby Axelrod, a financial tycoon in the popular American TV series "Billions." Analysis from Goldman Sachs' trading department shows that if stocks fall by 10% within a month, it could trigger about $200 billion in systemic selling, with one-third coming from the U.S. market.

ChainCatcher news, according to Bloomberg, Reeve Collins, one of the original co-founders of Tether, is launching a yield-bearing stablecoin project called Pi Protocol, which will provide holders with potential earnings from tokenized real-world assets.Currently, Collins serves as the chairman and co-founder of Pi Protocol. This decentralized project is expected to launch on the Ethereum and Solana blockchains later this year or earlier. Specific financial terms have not been disclosed.It is reported that Collins co-founded the predecessor of Tether with Brock Pierce and Craig Sellars, and served as Tether's first CEO from 2013 to 2015.

ChainCatcher news, senior economist Luke Bartholomew from investment company Abrdn stated in a report that the impact of the upcoming increases in UK employers' National Insurance contributions and the national minimum wage may prompt the Bank of England to accelerate its rate cuts in the second half of this year.Data released on Tuesday showed that the average wage growth rate is expected to rebound to 5.9% by the end of 2024, and for now, rate cuts are still expected to be gradual. However, the biggest test will be how the labor market responds to the changes announced in the government's autumn budget. There are clear signs that recruitment intentions are expected to cool. If economic growth remains very slow, then it is quite likely that the Bank of England will cut rates more quickly in the second half of this year.

ChainCatcher news, according to Jinshi reports, the Japan Center for Economic Research (JCER) released its monthly survey on Thursday, showing that most economists surveyed expect the Bank of Japan to raise interest rates again in the second half of this year.The survey of 36 economists showed that 30 economists expect the Bank of Japan to stabilize interest rates at 0.5% in the first half of 2025. The remaining six expect rates to rise to 0.75% during this period. Twenty-eight economists predict an increase to 0.75% in the second half of this year. Among them, two economists expect rates to remain at 0.5%, while six economists believe rates will rise to 1%. These predictions are largely unchanged from the last survey, indicating that market bets on the timing of the next rate hike have not shifted significantly over the past month.

ChainCatcher news, according to Aggr News, the crypto custody company BitGo is considering an initial public offering (IPO) as early as the second half of 2025.

ChainCatcher news, according to Jin Shi reports, Bank of America analysts stated that Trump's trade, fiscal, and immigration policy agenda is expected to trigger moderate inflation, and they predict that these changes will be reflected in inflation in the second half of 2025. They noted that any additional tariffs in the coming weeks could advance the timeline.They stated, "A key question is whether the policy changes will affect long-term inflation expectations." They added that market-based inflation indicators remain within historical ranges. Bank of America reiterated its position that the Federal Reserve's rate-cutting cycle has ended, with inflation "above target," and they expect both overall and core CPI to grow by 0.3% month-on-month in January. They wrote, "If our forecast for January CPI is correct, then the rationale for the Federal Reserve to remain on hold will be further strengthened."

ChainCatcher news, according to TheBlock, the South Korean Financial Services Commission (FSC) has begun discussions on formulating a second phase of cryptocurrency regulatory framework, with plans to draft relevant legislation in the second half of this year.FSC Vice Chairman Kim So-young stated in the meeting that major global economies are accelerating the establishment of cryptocurrency regulations to enhance investor protection and eliminate regulatory uncertainty. The new regulatory framework will take a comprehensive and systematic approach, covering service providers, cryptocurrency users, and the market. Topics discussed in the meeting included increasing transparency for new listings on exchanges, requiring cryptocurrency entities to implement the same information disclosure requirements as traditional financial companies, and regulatory matters such as reserve asset management for stablecoin issuers and user redemption rights.It is worth noting that South Korea's first cryptocurrency regulatory framework came into effect last July, which requires service providers to store at least 80% of users' cryptocurrency deposits in cold wallets, kept separate from their own funds.

ChainCatcher news, Bankless co-founder Ryan Sean Adams posted on X that the current market is at the beginning stage of the second half of the crypto bull market.

ChainCatcher news, according to Cointelegraph, a recent survey released by the Web3 investment firm MV Global shows that nearly half of investors expect the cryptocurrency bull market to last until 2025, peaking in the second half of the year. The survey covered 77 large cryptocurrency investment institutions, including venture capital firms, hedge funds, and high-net-worth individuals.The results indicate that investors expect Bitcoin (BTC) to peak between $100,000 and $150,000. For Ethereum (ETH), one-third of respondents expect its price to be between $3,000 and $5,000, while another third is bullish up to $7,000. Notably, 30% of respondents expect Solana (SOL) to break $600 before the end of this cycle.

ChainCatcher news, according to Jin10, the South Korean Ministry of Finance has stated that South Korea plans to regulate cross-border transactions of cryptocurrencies and other virtual assets starting in the second half of 2025, introducing registration and reporting requirements.The Ministry of Finance stated that under the new regulations, businesses handling cross-border transactions of virtual assets will be required to register with the authorities in advance and report transaction details to the Bank of Korea on a monthly basis. According to data from South Korea Customs, since 2020, South Korea has seen foreign exchange-related crimes worth 110 trillion won (7.97 billion USD), of which 81.3% involved virtual assets.