ChainCatcher news, according to Cointelegraph, yesterday The Block co-founder Mike Dudas posted on social media revealing that OpenSea has registered a foundation in the Cayman Islands. An anonymous researcher of the Azuki NFT series, Waleswoosh, also released a screenshot of OpenSea's registration in the Cayman Islands. Typically, Web3 projects register foundations in preparation for token issuance, which has sparked speculation about an upcoming token and user airdrops.On November 4, OpenSea co-founder and CEO Devin Finzer announced that the NFT marketplace is planning a comeback. Although Finzer revealed few details, he promised that the revamped OpenSea will launch in December. Matter Labs' community manager "Golem" expressed hope that OpenSea would reward its early users and stated that OpenSea has the opportunity to reverse its current competitive disadvantage in the NFT market. Community users generally speculate that OpenSea may follow the practices of competitors like Blur and Magic Eden by issuing tokens to incentivize users.OpenSea is trying to win back users from competitors and announced zero transaction fees on February 18 this year, attempting to reclaim the ground lost to Blur and Magic Eden.

ChainCatcher news, according to Jinshi reports, based on data compiled by Bloomberg, Bitcoin ETFs and Ethereum ETFs set single-month net inflow records of $6.5 billion and $1.1 billion respectively in November. Last Friday, the daily subscription volume of Ethereum ETFs also reached a historical high.CoinGecko data shows that since Trump's victory, the market capitalization of the cryptocurrency market has surged by about $1.2 trillion. This rise is diluting the painful memories of fraud and high-risk behaviors exposed during the 2021 cryptocurrency boom.Ethereum is the second-largest token after Bitcoin, and the interest in it indicates that the speculative appetite for cryptocurrencies is expanding following Trump's victory in the U.S. election on November 5. From certain indicators, at least among retail investors, the enthusiasm for digital assets has not yet reached the frenzy level seen during the COVID-19 pandemic bubble.

ChainCatcher news, according to Bloomberg, recent investor enthusiasm for the cryptocurrency industry under the leadership of elected President Trump has sparked a wave of speculation, with a series of small cryptocurrencies outperforming Bitcoin, among which Dogecoin (DOGE) has risen by about 50% in the past five days.Additionally, ADA has increased by over 60% during this period, driven by discussions from Cardano founder Charles Hoskinson about plans to collaborate with Washington lawmakers on a podcast. Meanwhile, Polygon (POL), Cosmos (ATOM), Solana (SOL), and Algorand (ALGO) have all surpassed Bitcoin's approximately 7% increase over the past five days.BTC Markets Pty CEO Caroline Bowler stated, "A rising tide lifts all boats; Bitcoin's rapid increase has affected altcoins. The entire cryptocurrency industry is expected to be a net beneficiary of the Trump administration."

ChainCatcher news, Outlier Ventures research director Jasper De Maere stated that as market conditions improve, Ethereum's on-chain activity could increase significantly. This activity is primarily driven by speculation and increased participation in decentralized applications.De Maere said, "With market volatility, we will see a surge in Ethereum on-chain activity, so there is clearly speculative activity, and then dApp activity drives on-chain activity. I would say this will still be driven by speculative activity, and dApp activity will be sustained through airdrops, as many companies will hold token generation events (TGE) and move to the mainnet."

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on X that the market share of meme coins in the altcoin market has significantly declined. Similar to a few years ago, traders are starting to shift from speculation to focusing on fundamentals.

ChainCatcher news, DWF Labs partner Andrei Grachev stated on social media, "When the market is down, there is definitely something that is going up, card players sell what they have and try to regain their luck. This is why memes are particularly popular in flat/down markets, where some always go up and people can gamble."

ChainCatcher news, the Shenzhen Municipal Bureau of Local Financial Supervision issued a "Risk Warning on Virtual Currency Trading Speculation" on June 2, reminding the public that virtual currency trading carries legal risks and may involve illegal financial activities and fraud. It calls on citizens to enhance their awareness of risk prevention, be cautious of becoming victims of illegal fundraising and other fraudulent activities, and suggests that those who have participated in virtual currency trading should withdraw as soon as possible and report to the relevant authorities.

ChainCatcher news, according to Anhui Daily, the Anhui Provincial Political and Legal Affairs Committee, the Provincial Market Supervision Administration, and the Provincial Public Security Department jointly issued a notice. From May 13 to December 10, a province-wide crackdown on pyramid schemes called "Anhui Sword - 2024" will be launched, focusing on investigating network pyramid schemes that operate under the banners of "blockchain," "metaverse," "digital asset trading," and engage in activities such as virtual currency, mining machines, blockchain, and forex trading.

ChainCatcher news, Nick Timiraos recently wrote that amid the debate over whether and when the Federal Reserve will cut interest rates, another important discussion is unfolding: where will interest rates go in the long term? The key to the issue lies in the neutral interest rate: the rate that balances the supply and demand for savings while ensuring economic growth and stable inflation. The neutral interest rate is sometimes referred to as "r*" or "r-star," and it cannot be directly observed but can only be inferred. Each quarter, Federal Reserve officials forecast long-term interest rates, which is essentially their estimate of the neutral interest rate. Some now believe there is reason for the neutral interest rate to rise, potentially altering a wide range of asset prices, as the economy is strong and inflation is "lackluster."However, the current debate over the neutral interest rate may not have any short-term impact on the Federal Reserve, as current rates are above nearly all estimates of the neutral interest rate. This means that current rates are suppressing economic growth and price increases, and future nominal rates are more likely to decline rather than rise. If the U.S. economy continues to remain strong while inflation remains stubborn, it could trigger market speculation about a rise in the neutral interest rate, leading to the belief that current rates are not as restrictive. From this perspective, the Federal Reserve has even less reason to cut rates.Another scenario is that if inflation resumes its downward trend, discussions about the neutral interest rate will shift focus to the extent of the Federal Reserve's subsequent rate cuts. Nick states that there is no doubt the Federal Reserve wants to "normalize policy," but to what extent will they "normalize"? They will not stay at the 5% level, but they also will not continuously drop to 2.5%. They (might) feel more comfortable stopping in the range of 3% or 4%, but there is no conclusion yet. Interest rate futures indicate that the Federal Reserve funds rate will stabilize around 4% in the coming years.