ChainCatcher news, according to Cointelegraph, investment management company Apollo Crypto has released a report highlighting the potential for a second wave of growth in decentralized finance (DeFi), viewing macroeconomic factors such as the recent interest rate cuts by the Federal Reserve and credit expansion in China as key drivers of DeFi growth.The report points out that after experiencing the peak of "DeFi summer" in 2020, the market slowed down. However, protocols like Maker, Uniswap, and Aave have become mainstream in the industry. As of now, the total TVL of DeFi is approximately $105 billion.The report also mentions the decentralized finance (DeFi) infrastructure, stating that "the focus in recent years has been on building cryptocurrency infrastructure" to establish "a large amount of cheap block space." This allows DApps to access block space with "higher performance speeds" and reduces transaction costs on L2 scaling solutions.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, a certain ETH high win-rate whale has started its twelfth wave, buying 1504 ETH on-chain at an average price of $2653 in the past 10 minutes, worth $3.99 million.Previously, this giant whale had conducted eleven waves, with a record of ten wins out of eleven battles.

According to ChainCatcher's message, on-chain data analyst @ai_9684xtpa monitored that an Ethereum whale, skilled in swing trading, bought 3,876 ETH on-chain at an average price of $2,659 one hour ago, with a total expenditure of $10.31 million. Shortly after, they cleared all at an average price of $2,667, making a total profit of $30,000, completing their eleventh swing trade with a record of eleven trades and ten wins.

According to ChainCatcher news, as reported by CoinDesk, Theta Labs CEO Mitch Liu stated that AI is gradually shifting from being dominated by tech giants to relying on everyday devices such as smartphones. The idle computing power of over 1.2 billion smartphones worldwide is becoming a new driving force for AI development."Edge computing" enabled by mobile devices can reduce latency, enhance privacy protection, and decrease bandwidth consumption, making it particularly suitable for real-time application scenarios such as autonomous driving and augmented reality. Liu also pointed out that blockchain technology can support this decentralized AI network, enabling secure and transparent sharing of computing resources. This new model helps reduce AI development's dependence on data centers while providing new revenue sources for individuals and small to medium-sized enterprises.

ChainCatcher news, according to Ember monitoring, a whale that frequently buys low and sells high on ETH took profit by selling ETH at a price of $2,354 after the interest rate cut on September 19. Then, it remained inactive for a week until it purchased ETH again 2 hours ago to start the tenth round of trading: spending 26.24 million USDT through 2 addresses to buy 10,206.4 ETH at an average price of $2,571.

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on social media that based on the Federal Reserve's historical responses to high volatility, we know that once they start cutting interest rates, they usually continue to lower them until rates are close to 0%. The Federal Reserve will continue to cut rates, and the banking system will continue to release more dollars. Regardless of who wins the U.S. presidential election, the government will also continue to borrow to gain public support. Economic difficulties will be addressed through lower euro rates set by the European Central Bank. Meanwhile, governments will begin to pressure banks to lend more to local businesses to provide job opportunities and rebuild the increasingly crumbling infrastructure.As the Federal Reserve cuts rates and U.S. banks issue more credit, the dollar will weaken. This provides an opportunity for the Chinese government to increase credit growth while maintaining the stability of the RMB to USD exchange rate. If the Federal Reserve prints money, the People's Bank of China can take similar measures. This week, the PBOC announced a series of interest rate cuts across the Chinese financial system. This is just the beginning; the real "big weapon" will emerge when banks issue more credit. If other major economies are now easing monetary policy, the pressure on the Bank of Japan to raise rates quickly will decrease.Major global economies are once again suppressing the volatility of their countries or economies by lowering the cost of funds and increasing the supply of funds. If you have fully invested in cryptocurrencies, relax and watch the fiat value of your portfolio soar. If you still have some fiat funds, seize the opportunity to enter the crypto market.

According to ChainCatcher, as reported by Token2049, HTX DAO, TRON, and BitWave gathered over 1,100 senior Web3 builders at the grand Afterparty. The event attracted numerous investment institutions and crypto KOLs, including Sun Yuchen, BitWave Layer2 Vi CEO Leo, Alethea AI founder and CEO Arif Khan, Tour Billion Asia Pacific market head Victor Yap, ChainGPT CMO Sharon Sciammas, and The Block CEO Larry Cermak, forming a strategic ecological partnership. Through the Bitcoin Layer 2 solution BitWave and Huobi HTX's market resources, they aim to layout the global market more quickly and effectively.At the same time, Bitwave participated in the Venture Horizon series VC meetup hosted by TidoCapital TrendX on September 19. This event was the largest VC-focused side event during Token2049 in Singapore, gathering over 300 well-known industry venture capitalists and industry leaders.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, a certain ETH high win-rate whale has successfully completed its eighth wave, clearing 5,690 WETH (cost $2,276) in the past 10 minutes, with a total value of $13.1 million, making a profit of $153,000 again.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa monitoring, "the smart money skilled at topping out has begun its eighth swing operation," having purchased 5,690 ETH at an average price of $2,276 in the past ten minutes, totaling approximately $12.95 million.

ChainCatcher news, according to ai_9684xtpa monitoring, "smart money skilled at topping out ETH" has successfully completed its seventh wave, making a profit of $265,000.In the past 20 minutes, this address has liquidated 5,817 WETH, worth $13.5 million, with an average liquidation price of $2,321 and a cost of $2,274. Its seventh wave lasted only six hours.

ChainCatcher news, according to CoinDesk, the Commodity Futures Trading Commission (CFTC) has warned that election gambling related to the U.S. elections is about to see explosive growth, and has requested the appellate court to continue suspending Kalshi's political prediction market while the agency's appeal is still pending.In a document submitted on Saturday, the CFTC stated that the district court's order has been interpreted by Kalshi and others as the "open season for election gambling," referring to a ruling on September 6 that determined the CFTC should not block the company from offering contracts on which party will control both houses of Congress.The agency noted that following this ruling, Wall Street giant Interactive Brokers announced it would offer contracts for the presidential election through its CFTC-regulated subsidiary. The CFTC indicated that unless the U.S. Court of Appeals for the District of Columbia extends the suspension of Kalshi contracts during the appeal, other CFTC-regulated exchanges will follow suit.The CFTC reiterated that "the surge in election gambling on U.S. futures exchanges will harm the public interest." These harms include market manipulation and undermining the integrity of elections.

ChainCatcher news, according to @ai_9684xtpa monitoring, in the past hour, a Smart Money skilled at market tops has liquidated 5,041 ETH (worth approximately 12.01 million USD), realizing a profit of 227,000 USD.

ChainCatcher news, Adeniyi Abiodun, one of the co-founders of Mysten Labs, stated in an interview with Cointelegraph that research has been completed on using radio waves to provide offline encrypted transactions, allowing the Sui blockchain to transmit transactions using only underwater waves and long-distance radio, and even compress transactions into smaller text messages.Abiodun mentioned that Sui has tested this method and it "has been effective." The current task is to integrate it into IoT devices, which could also benefit decentralized physical infrastructure (DePIN) projects. Sui is collaborating with Canadian mobile service provider Chip Wireless to test its ideas and is considering expanding to target markets such as Africa.

ChainCatcher news, according to Cointelegraph, although historically August has been a bearish month for Bitcoin, September may bring the long-awaited breakthrough.Analyst Mikybull stated that based on the technical charts on the weekly chart, Bitcoin is in the final expansion phase (the fifth wave), and the price of Bitcoin may further reach $95,000, followed by $143,000.

ChainCatcher news, according to Cointelegraph, Binance Labs' investment director Max Coniglio shared details about the company's recent investments and explained why the company is venturing into the field of artificial intelligence. Coniglio stated that one of their recent investment targets is to promote decentralized applications powered by artificial intelligence.Coniglio believes that if both artificial intelligence and blockchain are open source, they will thrive. Coniglio explained, "Artificial intelligence and blockchain are a powerful combination. Both rely on open-source innovation, challenge traditional regulations, and drive significant wealth creation. They complement each other by addressing challenges between them." Coniglio thinks that these two technologies fit together, with artificial intelligence improving the user experience of blockchain and enhancing decentralized systems; on the other hand, blockchain ensures authenticity, facilitates collaboration on open-source projects, and supports the computational needs of artificial intelligence.While these ideas sound promising in theory, Coniglio pointed out that those looking to leverage these technologies to build projects still face challenges. Coniglio stated that blockchain developers and projects must build solid products and sustainable businesses. He added, "To succeed, founders must master artificial intelligence technology and possess a sharp business acumen. Relying solely on new technology will not create a large-scale impact."