reap

According to Bloomberg, Kraken's parent company Payward Inc. has agreed to acquire Hong Kong-based Reap Technologies for $600 million in cash and stock. Reap Technologies is a provider focused on stablecoin cross-border payments and commercial payment services. Payward and Kraken co-CEO Arjun Sethi stated that the valuation of the stock issued by Payward in this transaction is $20 billion. This acquisition aims to expand into the Asian market.

According to Jinshi reports, the Director of the National Economic Council of the White House, Hassett, stated that Federal Reserve Chairman Powell's reappointment to the Federal Reserve Board may affect interest rate cut decisions.

Arkham posted on the X platform that Avi Eisenberg, the attacker who profited approximately $110 million in 2022 by manipulating the price oracle of Mango Markets, has recently signed a transaction with his on-chain address, drawing widespread attention from the community.Avi Eisenberg previously exploited a vulnerability in Mango Finance to conduct "high-profit trades," and later threatened to attack Aave. He was also liquidated on Curve while attempting to liquidate others' positions, and was arrested and imprisoned after the incident. Now, his address has reappeared with on-chain activity, leading the market to speculate whether he has returned to the crypto market, although no further details have been disclosed yet.

According to Jinshi reports, White House National Economic Council Director Hassett stated that Powell is not expected to remain as a Federal Reserve governor. Waller will assume the position of Federal Reserve Chair in May.

According to independent analyst Markus Thielen, Ethereum has broken through a key technical support level and is currently showing a bearish flag pattern, with prices touching around $2004. This pattern is highly similar to this year's trend, and caution is advised as this pattern may reoccur.On the funding side, market trading volume remains sluggish, with insufficient participation willingness. Ethereum ETFs have continued to see net outflows since last year, with no recent improvement. On the fundamental side, the new cycle of DeFi has not yet started, and there are no obvious signs of recovery in on-chain activity. Recently, the minting volume of USDC has significantly slowed down and turned into net outflows. The improvement in liquidity within the ecosystem is still not stable, and structural demand support remains limited.

Placeholder partner Chris Burniske posted on the X platform stating that he is currently not a buyer, but believes that the key Bitcoin price levels worth watching include: 1. Approximately $80,000: This is the low point in November 2025, a local low in this round of "bear market." 2. Approximately $74,000: This is the low point in April 2025, also the low point of the "tariff panic," slightly below the cost basis of Strategy (around $76,000). 3. Approximately $70,000: The top of the $50,000-$70,000 range is roughly close to the high point of 2021. 4. Approximately $58,000: This is the 200-week simple moving average (SMA) and on-chain cost basis. 5. Approximately $50,000 and below: This is a psychological bottom price level, below which the narrative of "BTC is dead" will resurface.Chris Burniske stated that if the market rebounds from the current position, he will continue to hold existing assets and diversify his portfolio; if the market declines, he will purchase more Bitcoin and specific crypto assets.

According to analyst Maartunn, the Bitcoin Net Taker volume (25-hour moving average) reached -19 million USD, marking the strongest selling pressure since December 23, indicating that the short-term market is dominated by sellers.Note: "Net Taker volume" measures the difference between market buy and sell orders, with negative values reflecting aggressive sellers controlling the situation, commonly used to assess short-term market sentiment.

The Federal Reserve announced on Thursday that its board has unanimously voted to reappoint 11 regional Federal Reserve Bank presidents for a five-year term, starting March 1 of next year. The Federal Reserve stated that the reappointments were made after a comprehensive evaluation of the regional Federal Reserve presidents by the boards of the regional Federal Reserve Banks and received "unanimous consent" from the Federal Reserve Board.According to legal provisions, all regional Federal Reserve presidents and their first vice presidents serve five-year terms. The current terms will expire on February 28, 2026. This move addresses a key issue surrounding the future composition of the Federal Reserve's monetary policy committee. Previously, there were reports that Trump might attempt to appoint his allies to review these reappointment decisions—part of a broader effort to increase pressure on the Federal Reserve. (Jin Shi)

ChainCatcher news, Federal Reserve Chairman Powell stated that the process of reappointing the Federal Reserve Chairman will be completed in a timely manner. (Jin Ten)

ChainCatcher news, the Hong Kong SAR government announced on June 30 the appointment and reappointment of 20 unofficial members of the Third Generation Internet Development Task Force (Task Force), effective from July 1, 2025, for a term of two years.A spokesperson stated: "Since its establishment in 2023, the Task Force has provided valuable insights that are both innovative and pragmatic regarding Hong Kong's development potential and direction in the third generation internet. The appointed and reappointed unofficial members are all industry leaders and professionals. With the government's recent release of the 'Hong Kong Digital Asset Development Policy Declaration 2.0', their expertise and experience will help drive the continuous growth of Hong Kong's digital asset ecosystem and establish Hong Kong as a global leading digital asset hub."The unofficial members of the Task Force starting from July 1, 2025, include Cai Wensheng, Chen Delin, Qiu Dagen, Zhu Chengyu, Kong Jianping, Guo Yanlin, Lin Huizhen, Lin Junjie, Lin Chen, Lv Zhihong, Ma Zhitang, Wu Jiezhuang, Professor Pan Shizheng, Alessio Quaglini, Ge Peifan, Xiao Yi, Chen Wenli, Wang Jiachao, and Dr. Xiao Feng.

ChainCatcher news, according to official information, GoPlus Security has issued a security alert. Recently, new phishing attacks targeting EIP-7702 smart accounts have re-emerged on the Ethereum mainnet, BNB Chain, and Base chain. In just 3 days since its launch, thousands of addresses have fallen victim, with losses exceeding $10,000 in crypto assets. The attackers use one address for authorization phishing; once the user authorizes, that address can automatically transfer the BNB or other tokens that the user subsequently deposits.The GoPlus security team reminds users: do not transfer or authorize to unknown addresses. The current 7702 scam is leveraging historically leaked private key addresses for large-scale phishing attacks, so please remain vigilant.

ChainCatcher news, analyst PlanB stated, "The current Relative Strength Index (RSI) for Bitcoin is 69. I expect that the RSI will exceed 80 for at least the next 4 months, just like in previous bull market cycles (2021, 2017, 2013). An RSI above 80 typically corresponds to monthly returns of over 40%. A consecutive 4-month increase of 40%+ could push the price of Bitcoin from the current $104,000 to $400,000."

ChainCatcher news, according to CoinDesk, the Chief Executive of the UK's Financial Conduct Authority (FCA), Nikhil Rathi, has been reappointed. Rathi is the first FCA CEO to be granted a new five-year term by the Treasury, giving him more time to implement his plans for the financial sector, including the cryptocurrency space.Under his leadership, the FCA has registered 51 cryptocurrency companies under anti-money laundering rules. Some of these companies include cryptocurrency and investment firms Coinbase, Revolut, eToro, and the recently joined largest asset management company BlackRock. The FCA is seeking to establish a new cryptocurrency regulatory framework by 2026 and introduce a brand new authorization process. The agency intends to release documents regarding stablecoins, trading platforms, staking, prudent cryptocurrency exposure, and lending early next year. This system will officially come into effect after the final policy statement is released in 2026.

ChainCatcher news, according to Crypto In America, since being appointed by President Trump in 2018, Commissioner Hester Peirce, who holds the Republican seat at the U.S. Securities and Exchange Commission (SEC), stated in an interview that she hopes to complete her work as soon as possible before her term ends, implying that she will not seek reappointment. Peirce currently also serves as the head of the SEC's cryptocurrency task force, dedicated to providing regulatory clarity for digital assets.She mentioned that although her term will expire in June, she hopes to resolve issues early to avoid establishing a separate cryptocurrency task force. Peirce also emphasized that she values the protection of peer-to-peer interactions between developers and users and supports providing clearer regulations for the cryptocurrency market, especially regarding staking.

ChainCatcher news, according to the latest report released by Matrixport, over the past 12 years, Bitcoin has achieved positive returns during the Chinese New Year for 11 years, with a statistical success rate of 83% proving the gains during this period.Bitcoin is currently in a complex interaction of opposing forces. On the technical side, the daily reversal indicator reached oversold levels last week, suggesting potential support, while the weekly indicators still indicate that Bitcoin is in an overbought state. On the macroeconomic front, adverse factors such as tightening liquidity and the Federal Reserve's hawkish stance have brought bearish sentiment. At the same time, bullish drivers such as expectations for the U.S. to establish Bitcoin reserves and the rise of a pro-crypto Trump administration provide support.Since the FOMC meeting in December 2024, the minting of stablecoins has stagnated, reflecting a decrease in fiat inflows, but Bitcoin funding rates show early signs of a recovery in trading activity. This tug-of-war dynamic has placed Bitcoin in a consolidation phase. However, with the start of the Chinese Lunar New Year on January 29, this period represents a statistically favorable 20-day trading window for Bitcoin, potentially providing numerous opportunities for bullish positions.