ChainCatcher news, an analysis by Patrick Hansen, Senior Director of Strategy and Policy at Circle, shows that the EU's banking regulation provides a significant competitive advantage for crypto companies, while their American counterparts face regulatory uncertainty and restricted bank access.The report indicates that the EU has promoted innovation in the financial sector for non-bank payment service providers (PSPs) through legal frameworks such as the Electronic Money Directive (EMD) and the Payment Services Directive (PSD). Recent regulations like the Instant Payment Regulation (IPR) and Payment Services Directive 3 (PSD3) further expand non-bank PSPs' access to central bank payment systems.In contrast, the United States is hindered by a lack of a unified federal regulatory framework, leading to restricted bank access and stunted industry development. Data shows that Europe has 55 crypto-friendly banks, far surpassing North America's 23.Hansen points out that the EU's coordinated regulatory strategy provides important support for the crypto and fintech industries while reducing regulatory uncertainty.

ChainCatcher news, Moody's senior economist Katrina Ell stated that Trump's announcement on social media regarding tariffs on major trading partners serves as a reminder of how much volatility his presidency could bring to the markets.She mentioned that, in fact, there was no preparation before Trump announced the policy, which caused significant anxiety in the markets. We do not know what will ultimately happen. No one can determine when Trump's campaign promises will be fulfilled. But it is certain that we are heading towards a high degree of uncertainty. People hope that if countries like Mexico and Canada address the issues to some extent, trade tensions may ease. If they choose to show strength, things will escalate, and Trump will double down, which will have a greater ripple effect on other economies. (Jin Ten)

ChainCatcher news, according to Forbes, when the election results clearly indicated that Trump would return to the White House, the crypto market began to rise as expected, reflecting optimism about the potential relief the Trump administration might bring to the industry. It is undeniable that Trump will be more supportive of the crypto industry than the current president, Biden. However, there remains uncertainty regarding his level of involvement in promoting industry development and whether relevant legislation can be passed amid a busy legislative agenda.All candidates for positions such as leaders of the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Treasury may share favorable views towards the industry like Trump, but it is unclear how much of a priority this issue will be seen. The Trump administration may prioritize deregulation for most industries. However, the crypto industry may be the only sector that runs counter to this trend, as industry members are eager for regulatory clarity. The priority these regulatory agencies place on the crypto industry will determine the duration of this process, but progress in reducing some of the current lawsuits from the SEC may be quicker. However, it is more likely that these agencies will at least provide some form of favorable regulatory guidance, even if not a specific rule.

ChainCatcher news, according to Jinshi reports, Dutch cooperative bank forex strategist Jane Foley said in a report that due to the uncertainty of the policies proposed by Trump after winning the U.S. presidential election, the dollar is struggling to maintain its upward momentum. The scale and extent of Trump's policies still carry "a lot" of uncertainty, and their international impact as well as the potential policy responses from other countries carry even greater uncertainty."Overall, it is still too early to draw conclusions about the impact of Trump's policies, which has led investors to be temporarily unwilling to extend the dollar's upward trend."

ChainCatcher news, Morgan Stanley strategist Michael D Zezas stated that investors' main goal during the U.S. election should be to establish situational awareness and avoid overconfidence regarding the election results and their market impact. Investors may benefit from adjusting their expectations. He noted that the rising probability of a Republican victory implied by the prediction markets has led some to expect a clear result on election night. Morgan Stanley believes this scenario is possible, but not the most likely outcome. Neither candidate appears to be a clear favorite to win the Electoral College, which could lead to a repeat of the prolonged vote counting seen in 2020. Given the poor historical performance of early voting data, Morgan Stanley does not place much importance on these figures and advises against overinterpreting short-term market movements. The firm stated that the market's short-term reactions to elections are often noisy and may not indicate mid-term trends. (Jin Shi)

ChainCatcher news: The October non-farm data in the U.S. was far below expectations. Excluding the data distortions caused by two hurricanes and the Boeing strike, the labor market is gradually cooling down. Meanwhile, with the U.S. election results imminent, Trump's chances unexpectedly weakened, reversing the "Trump trade" and adding more uncertainty to the election.According to 4E monitoring, major tech giants released their earnings reports last week. On Friday, despite disappointing earnings from Apple, the weak October non-farm data boosted expectations for interest rate cuts. Coupled with positive earnings from Amazon and Intel, this lifted optimistic sentiment in tech stocks, with the Nasdaq rising 0.8%. However, looking at the week as a whole, U.S. stocks fell across the board, with the Nasdaq ending a seven-week rising trend, down 1.5% for the week, the S&P down 1.4%, and the Dow down 0.2%. The crypto market was affected by the weakening "Trump trade," and after approaching historical highs at the end of the month, risk aversion increased. As of the time of writing, Bitcoin was at $68,885, up 0.25%, with a 7-day increase dropping to 1.8%.In the forex and commodities sector, the dollar index experienced a V-shaped reversal on "non-farm day," breaking back above 104 and erasing the weekly decline, with a cumulative increase of 0.06% last week. The British pound was the only non-U.S. currency to rise, recovering from the previous two days' sell-off due to the budget proposal, but it has fallen for five consecutive weeks, marking the longest streak in six years. Spot gold saw a slight surge after the non-farm data on Friday, but as the dollar and U.S. Treasury yields remained strong, it subsequently fell back, ultimately closing down 0.32%, marking the largest weekly decline since August. Due to Iran's relatively restrained retaliation against Israel, U.S. crude oil production reached a new high, and combined with weak economic data such as non-farm payrolls raising demand concerns, international crude oil prices fell from high levels last Friday, with a cumulative drop of over 3% for the week.This week is set to be historic, as the U.S. election will commence final voting on November 5 (Tuesday), with results expected to be largely finalized by noon on the 6th Beijing time. Currently, the election situation is tense, with polls in swing states constantly flipping. The latest polls show no significant advantage between Trump and Harris, leading some investors to take profits on Trump-oriented positions, especially those related to Trump's policies and improvements in public opinion polls. The overall market sentiment is cautious, with increased uncertainty. eeee.com is a financial trading platform supporting assets such as cryptocurrencies, stock indices, precious metals, and forex, recently launching a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to CoinDesk, Wall Street analysts expect that Coinbase's (COIN) spot trading volume will further slow in the third quarter, partly due to a lack of catalysts in the crypto market and the uncertain regulatory environment ahead of the presidential election.According to FactSet estimates, when Coinbase reports earnings after the market closes on Wednesday, third-quarter revenue is expected to decline by about 13%, from $1.45 billion in the previous quarter to $1.26 billion. Meanwhile, earnings per share (EPS) are expected to be $0.46, up from $0.14 in the second quarter.Barclays analyst Benjamin Buddish wrote in a report, "Coinbase's trading volume remains weak this quarter, primarily due to weak retail trading revenue." He maintained an equal weight rating on the stock and raised his price target from $169 to $175, while lowering his third-quarter EPS estimate from $1.62 to $1.05.

ChainCatcher message, Ark Invest CEO Cathie Wood: "The greater the uncertainty and volatility in the global economy, the stronger our confidence in Bitcoin."

ChainCatcher news, according to Jinshi reports, Federal Reserve's Logan stated that the economic outlook still has "significant uncertainty," supporting the decision for the Federal Reserve to lower interest rates in September. There are notable risks that inflation may remain significantly above 2%, leaning towards a "more gradual path" back to normal interest rate levels.

ChainCatcher news, according to The Block, Bernstein analysis points out that despite U.S. Vice President Kamala Harris recently expressing support for the crypto industry at a fundraising event, the market remains confused about the uncertainty of her policies. In contrast, the sentiment in the crypto market may be stronger if Trump wins, as he has explicitly promised to make the U.S. a "crypto capital" and supports DeFi, asset tokenization, and Bitcoin mining. However, regardless of the election outcome, the current inflow of funds into Bitcoin and Ethereum ETFs and the Federal Reserve's loose monetary policy are expected to continue driving the market upward.

ChainCatcher news, according to Jinshi reports, JPMorgan CEO Dimon stated that the Federal Reserve's interest rate cuts will not affect the U.S. elections, and Trump's views may bring more uncertainty to the world. He hopes the U.S. can achieve a soft landing but is skeptical about inflation.

ChainCatcher message, on-chain analysis company CryptoQuant stated on platform X that the uncertainty in the ETH market has led to a divergence in the strategies of holders. Large holders (over 100,000 coins) are maintaining their positions, medium holders (10,000 to 100,000 coins) are slowly increasing their holdings, while small holders (100 to 1,000 coins) are steadily selling. This trend may also be related to the decline in ETH's dominance.

ChainCatcher news, according to Cointelegraph, Australian crypto trading firm Zerocap stated that Bitcoin is "hard to predict," and after the Federal Reserve's decision on interest rates on September 18, Bitcoin could drop to $53,000 or rise to $65,000.Zerocap's Chief Investment Officer Jonathan de Wet mentioned that the market now expects a 62% chance that the Federal Reserve will cut rates by at least 50 basis points (0.5%), which has already contributed to Bitcoin's brief rebound to $60,000 on September 13.However, Wet stated that due to the lingering uncertainty of the impact of rate cuts in the short term, price movements are "hard to predict," and the instability of the upcoming November U.S. elections will only complicate matters further, "after the recent range lows, we see a downside target for BTC at $53,000, while the upside target after breaking the descending wedge is $65,000."He added, "It's hard to predict the direction before the elections, but the risk situation should lead to short-term positive sentiment."

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan expects a significant rise in cryptocurrency after the current macro uncertainty begins to dissipate in October and November.At this stage, although the market generally believes that the Federal Reserve will cut interest rates, the likelihood of a 50 basis point cut in September has decreased. However, with Wednesday's CPI data and next week's key Federal Reserve meeting approaching, the possibility of a cut exceeding 125 basis points by December has increased.

ChainCatcher news, the analysis and research platform Block Scholes stated in a new report that the implied volatility levels of Bitcoin and Ethereum options have significantly increased across different expiration dates. This surge is particularly evident in short-term options, indicating a rise in recent uncertainty.Analysts noted that the derivatives market is clearly leaning towards out-of-the-money put options for Bitcoin and Ethereum in the short term. As spot prices struggle to recover from recent declines, this trend suggests an enhanced bearish outlook in the short term. Some aggressive traders may look to buy call options expiring at the end of September, when uncertainty is expected to ease.