ChainCatcher news, Strategy (formerly MicroStrategy) founder Michael Saylor posted on the X platform that history will remember Trump for establishing the U.S. Bitcoin Strategic Reserve, which is a turning point in the financial and geopolitical landscape of the 21st century.

According to ChainCatcher news reported by CoinDesk, Bitcoin has exhibited consecutive hammer candlestick patterns over the past two weeks, a situation that is extremely rare in Bitcoin's history. The hammer candlestick pattern defined by analyst Checkmate refers to a candlestick where the upper or lower shadow accounts for 90% of the total price range, leaving a small body and long shadows.Data shows that during the week of February 24, Bitcoin's price fluctuated between a low of $78,167 and a high of $96,515, with a range of 23%. In the following week starting March 3, the price fluctuated between a low of $81,444 and a high of $94,415, with a range of 16%. Both weeks formed an open-high-low-close candlestick pattern, with fluctuations reaching double-digit percentages.Checkmate's analysis indicates that the hammer candlestick pattern with 90% lower shadow on the weekly chart has only occurred in five periods in Bitcoin's history: during the 2017 bull market, near the peak of the bull market at $69,000 at the end of 2021, after the Silicon Valley Bank crisis in 2023, after the summer pullback in 2023, and during the summer slump in 2024.Although this data does not show a clear pattern in Bitcoin cycles, the adjustment during the 2017 bull market is particularly notable, suggesting that such patterns may indicate critical turning points in price trends.

ChainCatcher message, Ethereum core developer Tim Beiko posted on X that the Ethereum Foundation (EF) has recently undergone significant organizational restructuring. Hsiao-Wei Wang will play a key role in standardizing Ethereum research, Tomasz Stanczak and Aya Miyaguchi will serve as co-executive directors, while Danny Ryan will join the newly established Etherealize organization.Tim Beiko stated that these changes represent an important turning point in Ethereum's history, and the new organizational structure will ensure that it keeps pace with the times while maintaining Ethereum's original values. He emphasized that although there is still a lot of work to be done for Ethereum to achieve its ambitious goals, the current organizational structure provides the best foundation for its success.

ChainCatcher news, according to Zak Folkman, co-founder of World Liberty Financial, the crypto project World Liberty Financial (WLFI), supported by Trump, has seen a turnaround due to the involvement of Sun Yuchen amidst early fundraising difficulties. After purchasing WLFI tokens for $30 million, Sun Yuchen became the official advisor of the project. Folkman stated at the Consensus Hong Kong conference that the project's goal is to integrate traditional financial institutions with decentralized finance.Folkman emphasized that the success of WLFI did not rely on venture capital support and did not offer any special treatment to token buyers. Notably, World Liberty also purchased $10 million worth of TRX (the native token of Sun Yuchen's TRON blockchain) and WBTC.

ChainCatcher news, according to Bitwise CEO Hunter Horsley’s post on social media X, this year may see a key turning point for Bitcoin:More funds flowing into exchange-traded funds (ETFs);More companies purchasing Bitcoin;More sovereign nations acquiring Bitcoin;U.S. wealth management firms allocating Bitcoin for their clients;Banks and financial institutions launching related services to help clients access Bitcoin;Regulators providing clearer policy guidance;The global environment, including geopolitical and monetary policy factors, will further highlight the demand for Bitcoin.In addition, he believes that more prominent figures will publicly express their confidence in Bitcoin and predicts that this year will be an important turning point.

ChainCatcher news, QCP released its daily market observation stating that the new leadership of the SEC has established a dedicated task force aimed at developing a regulatory framework for crypto assets. Led by "Crypto Mom" Hester Peirce, this is expected to be a turning point in the digital asset space.After the initial disappointment following Trump's inauguration gradually faded, Bitcoin has rebounded by 3.8%, stabilizing in the range of approximately $105,000. However, due to cautious market sentiment, concerns remain that Trump tends to overcommit and underdeliver on any crypto-related executive orders, limiting its upside potential. Meanwhile, Bitcoin futures continue to rise, with the current bullish bets being about 20 times the bearish ones.MicroStrategy shareholders have approved a significant increase in the authorized number of Class A common stock and preferred stock, raising the total authorized shares from 330 million to an astonishing 10.3 billion shares. This expansion greatly enhances the company's equity base, allowing MicroStrategy to surpass nearly all leading companies in the Nasdaq 100 index, excluding Nvidia, Apple, Alphabet, and Amazon.Planning to raise $42 billion through stock and convertible bond issuances by 2027, MicroStrategy still has $5.42 billion in equity issuance capacity, further increasing its investment in Bitcoin.

According to ChainCatcher news, CoinDesk reported that the Bitcoin network difficulty was adjusted to 110.45T (trillion) this morning, setting a new historical high, marking the 8th consecutive positive adjustment. Historical data indicates that when Bitcoin experiences such a series of consecutive difficulty adjustments, it often signals that the market cycle's top or bottom is approaching.Similar consecutive adjustments occurred during the 2018 bear market and the 2021 bull market. After 9 consecutive adjustments from July to November 2021, the Bitcoin price reached a high of $69,000; whereas in 2018, there were 17 consecutive adjustments, after which Bitcoin entered a bear market, dropping to a low of $3,000.The current 7-day moving average of Bitcoin's hash rate has reached 775 EH/s, and CoinDesk Research predicts it may reach 1 ZH/s before the next halving. In the face of increasing competition, some listed mining companies, such as MARA Holdings, have shifted towards high-performance computing and AI, optimizing revenue through methods such as issuing convertible bonds to purchase Bitcoin and lending Bitcoin for single-digit returns.

ChainCatcher news, according to Jinshi reports, Morgan Stanley's Chief Investment Officer and Chief U.S. Equity Strategist Mike Wilson has shared his latest views. He pointed out that the breadth of the U.S. stock market in December hit a historic low, coinciding with the 10-year Treasury yield breaking the 4.5% threshold, indicating that the Federal Reserve may not be able to provide the easing policies that the market expects.Wilson analyzed that the current disconnection between market breadth and prices is similar to that of 1999, primarily due to ample liquidity. As the scale of reverse repos (RRP) shrinks from its peak of $2.5 trillion, and with the Federal Reserve potentially making slight rate cuts, liquidity may tighten in early 2024. He advised investors to continue focusing on high-quality stocks, as unprofitable growth stocks and low-quality cyclical stocks may face significant impacts.Wilson stated that due to the lack of mean reversion in recent years, investors are more inclined to track price trends, leading to extreme concentration in the market, and the "quality" factor has become a widely used stock selection criterion.

ChainCatcher news, Robert Kiyosaki, the author of "Rich Dad Poor Dad," claims that Bitcoin breaking through $100,000 is a significant turning point. He predicts that Bitcoin will reach $500,000 by 2025 and $1,000,000 by 2030. However, he warns that as BTC becomes increasingly unaffordable, the middle class may soon be eliminated.

ChainCatcher news, according to The Block, executives from 21Shares, Coinbase, and SkyBridge Capital discussed the topic of cryptocurrency entering the mainstream this year at the Emergence conference on Friday.Hany Rashwan, co-founder and CEO of 21Shares, stated on Friday: "We haven't seen such a turning point in the global order for a long time. The status of the dollar as a reserve currency is under threat. We have seen this from euro bonds and the oil crisis, and we have weathered these challenges. Therefore, we may be entering a period of 5 to 20 years during which many will make significant moves, and we will wait to see how it turns out."Daniel Seifert, Vice President and Regional Managing Director for Europe, the Middle East, and Africa at Coinbase, said: "A large number of well-known companies and institutional participants from the United States have poured all their efforts into this project and activated the distribution network here." SkyBridge Capital's Head of Research, John Svolos, noted that the rising adoption rate of stablecoins has also driven overall demand for cryptocurrencies.

ChainCatcher message, Cryptoquant analysts released a report stating that based on historical data, the price of Bitcoin is currently in a key psychological turning point, situated between optimism and pessimism. Market participants form optimistic or pessimistic views based on whether they are in profit; as long as Bitcoin remains within this range, it indicates that a significant drop is unlikely.Historical data shows that maintaining stability in key areas is crucial for the continuation of a bull market. Specifically, the "profit supply" indicator, which reflects periods of investor profitability, suggests that when a large portion of the supply is in profit, optimistic sentiment tends to rise. The current price level of Bitcoin is testing this optimistic zone.

ChainCatcher news, according to data compiled by the investment firm Syncracy, as of September 25, the returns of blockchain application projects have surpassed those of most infrastructure projects, marking a maturation of the blockchain ecosystem. While top infrastructure projects still lead, several application projects have outperformed long-tail infrastructure projects such as LDO, JUP, and AAVE. Some application projects have shown astonishing returns, such as ARB (401 times) and KMNO (454 times), far exceeding many infrastructure projects.Syncracy believes that the era of applications has arrived, with many applications surpassing infrastructure. On leading platforms like Ethereum and Solana, numerous applications have generated 8-9 figure revenues and are growing at a three-digit annual rate. The trading prices of applications are still much lower than those of infrastructure, with the average trading price of infrastructure being about 300 times higher than that of applications. While infrastructure assets at the center of smart contract ecosystems like ETH and SOL may retain a value storage premium, the trading multiples of non-monetary infrastructure assets like L2 tokens may compress over time. The market has yet to fully recognize this reality, and as capital flows out of non-monetary infrastructure, the prices of leading applications will rise again.Syncracy predicts that applications will capture a larger share of the global blockchain fee pool and that their returns will exceed those of most infrastructure, which could be a turning point on the horizon.