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According to Jin Ten, analyst Anstey stated that U.S. Treasury yields have rebounded from earlier lows, and the gains in stock index futures have also been quite limited since the CPI data was released. Investors are considering that there is still a long way to go before the Federal Reserve's interest rate decision on January 28. U.S. interest rate strategist Ira Jersey mentioned that low levels of CPI year-on-year data will make it easier for the doves within the Federal Reserve to argue that further rate cuts should be implemented if the economic data in December is weak.

Bitcoin's price fell below the 2025 annual opening price and slid towards $90,000 during Thursday's Wall Street trading session, following strong U.S. employment data that prevented Bitcoin from converting the $93,500 annual opening price into a support level, ignoring the market's optimism about a Federal Reserve rate cut.Data showed that the number of initial jobless claims and the number of continuing claims for unemployment benefits were both below expectations, indicating that the labor market remains strong. Despite the strong employment data, the market doubled down on bets that the Federal Reserve will cut rates at its meeting on December 10. The CME Group FedWatch tool shows that the market expects the probability of a Federal Reserve rate cut to rise to 89%. Trading resource The Kobeissi Letter stated that due to the widening gap between risk assets and consumer strength, the Federal Reserve has "no choice" but to cut rates to "save" American consumers, even as inflation has reached 3%.Trading firm Mosaic Asset Company warned that despite market optimism, future rate cuts are far from guaranteed. Trading resources like Material Indicators pointed out that Bitcoin needs to reclaim several key resistance levels to reverse the bearish outlook, including the $93,500 annual opening price, as well as the liquidity range near $100,000, the 50-week simple moving average (SMA), and the exponential moving average (EMA). Material Indicators stated that Bitcoin's failure to break through the annual opening price is a sign that "bearish arguments remain strong." Currently, the S&P 500 index is just 0.5% away from setting a new all-time high, while Bitcoin and altcoins continue to show weakness.

According to Jin Shi, the U.S. Supreme Court has officially begun hearing arguments regarding President Trump's tariffs.

The probability of Trump losing the tariff case at the Supreme Court on Polymarket is currently reported at 61%. Bettors expect that the Supreme Court will likely dismiss Trump's argument that "comprehensive global tariffs can be implemented without congressional approval." Hours later, this oral debate over the scope of presidential emergency economic powers is about to begin. (Oral arguments at the U.S. Supreme Court typically start at 10 AM ET, which is 11 PM Beijing time today.)BlockBeats previously reported that the U.S. Supreme Court will hold oral arguments today on whether Trump can impose tariffs under the IEEPA. The core issue of the case is whether the president can impose broad tariffs on imported goods from around the world based on the International Emergency Economic Powers Act (IEEPA). The implications of the case extend far beyond trade policy itself; the Supreme Court's ruling will determine whether the president can bypass Congress by invoking emergency powers, thereby making this practice a tool of everyday governance and profoundly affecting the constitutional separation of powers and the limits of presidential authority.

ChainCatcher news, according to Jinshi Data reports, the U.S. Department of Justice has presented new arguments regarding why President Trump should be allowed to dismiss Federal Reserve Board member Lisa Cook, claiming that her statements about the "excuse for interest rate cuts" are baseless. Cook has been accused of mortgage fraud and is currently challenging the dismissal decision.On Thursday, U.S. government lawyers urged the judge once again to dismiss Cook's request to prohibit her dismissal during the litigation, reinforcing the arguments made at last week's hearing. Hours before this legal filing, reports emerged that the Department of Justice has launched a criminal investigation into Cook. The U.S. government argues that the fraud allegations first raised by Federal Housing Finance Agency Director Mark Calabria constitute sufficient "grounds" under U.S. law for Trump to fire her.In Thursday's filing, the Department of Justice emphasized that the judge should not "question" Trump's judgment regarding the grounds for dismissal and reiterated that her alleged dismissal was merely an excuse to control the Federal Reserve and cut interest rates. "Her only 'evidence' is that the president has criticized the Federal Reserve's policies," the document states, "but mere policy disagreements do not mean the president dismissed Cook for that reason."

ChainCatcher news, according to Cryptonews, Japanese mobile game company Gumi plans to spend 2.5 billion yen (approximately 17 million USD) to purchase XRP. The company's board has approved the plan, which is expected to be completed by the end of February next year. Gumi's largest shareholder is SBI Holdings, which is also a long-term partner of Ripple, the issuer of XRP. Gumi believes that XRP is a "network asset based on real financial demand," and this purchase is a strategic move to expand into the financial sector.

ChainCatcher news, according to The Crypto Basic, Japanese gaming giant Gumi Inc. announced plans to purchase 2.5 billion yen (approximately 17 million USD) worth of XRP as part of its efforts to expand its blockchain business. The company announced this development in a press release today after making the decision at a recent board meeting.It is noteworthy that the gaming company will strategically accumulate XRP over a five-month period from September 2025 to February 2026.In commenting on this development, Gumi emphasized that the planned purchase is a strategic move aimed at enabling it to participate in the XRP ecosystem. Previously, in June, it was reported that Gumi spent approximately 6.99 million USD to acquire 80.352 bitcoins.

ChainCatcher News: Former Governor of the People's Bank of China Zhou Xiaochuan published an article titled "Multidimensional Perspective on Stablecoins," which provides an in-depth analysis of the current state of stablecoin development and potential risks.Zhou Xiaochuan pointed out that the central bank has two main concerns regarding stablecoins: first is the risk of "excessive issuance of currency," meaning that issuers may overissue stablecoins without having 100% real reserves; second is the high leverage amplification effect, where the operation of stablecoins after issuance may create a multiplier effect of currency derivation.He believes that the current centralized managed account system still has good applicability, and the view of fully tokenizing to replace the account payment system lacks sufficient basis. Existing regulatory frameworks, such as the U.S. "Genius Act," relevant regulations in Hong Kong, and Singapore's regulatory provisions, have not satisfactorily addressed these issues.Zhou Xiaochuan stated that although the market generally believes that stablecoins will reshape the payment system, objective assessments show that the cost optimization space of the current payment system, especially in the retail payment sector, is already very limited. He warned against the excessive use of stablecoins for asset speculation, as this deviation could lead to fraudulent activities and instability in the financial system.The article also mentioned that obtaining a license and paying reserve funds does not equate to successfully issuing stablecoins. Without sufficient application scenarios, stablecoins may struggle to achieve effective circulation, potentially leading to a situation of "licensed but without coins." Whether stablecoins serve as temporary payment tools during transactions or as value storage means during specific periods will directly impact their market retention.

ChainCatcher message, Ethereum co-founder Vitalik posted on social media "Ethereum's Bull Market Argument: Digital Oil, Store of Value, and Global Reserve Asset of the Digital Economy."The tweet is a retweet of related content previously published by Etherealize, an Ethereum ecosystem business development and marketing company, but Vitalik changed the image of "Ethereum Digital Oil" in the original tweet to "Ethereum Bull."

ChainCatcher news, citing sources from AXIOS, reported that last Thursday, Musk, head of the Department of Government Efficiency (DOGE), and Treasury Secretary Basent had a heated argument in the West Wing corridor of the White House over IRS personnel appointments, so loud that it caught the attention of President Trump and other officials present.An eyewitness said, "Two billionaires, middle-aged men turned the West Wing hall into a WWE wrestling ring." "They didn't come to blows in the Oval Office, but the President witnessed the conflict firsthand. The two continued their argument into the corridor, where it erupted again," one witness stated. Last Thursday, Basent confronted Musk at a meeting in the White House, and a source said that "F-bombs started flying." Basent criticized Musk for overpromising on budget cuts for DOGE but not delivering. Musk shot back, calling Basent "Soros's agent" and accusing him of running "a failed hedge fund."Reports indicate that the argument became so intense that at one point they were "chest to chest," ultimately ending when an assistant intervened to separate the two.

ChainCatcher News, former U.S. Treasury Secretary Lawrence Summers stated on a television program: "The current tariff levels are more than ten times higher than when the U.S. initiated the trade war in 2018. I believe that any statements about 'increased tariffs having other (positive) effects' are fundamentally fraudulent, aside from making prices higher. The U.S. government's reckless tariff policies are very dangerous. This is the worst economic policy in the U.S. since World War II, the most severe act of self-harm."

ChainCatcher news, the Telegram ecosystem trading application Blum has completed $5 million in Pre-Seed and Seed round financing, led by gumi Cryptos Capital, with participation from YZi Labs, The Spartan Group, No Limit Holdings, OKX Ventures, The Open Platform, Bitscale Capital, and Wintermute Ventures.

ChainCatcher news, according to The Block, Japanese mobile game studio Gumi announced plans to purchase Bitcoin worth 1 billion yen (approximately 6.58 million USD). The company stated that it expects to generate secondary income by staking the remaining Bitcoin in the Babylon protocol.According to the company's statement, Gumi plans to make this acquisition between February and May of this year.

ChainCatcher message, Autonomys recently launched its first AI agent (ArguMint), which can permanently store messages on-chain in the Autonomys Network, creating verifiable on-chain memory. Autonomys will vigorously promote AI agents in the coming months.Autonomys is a decentralized AI (deAI) vertical stack that includes distributed storage, distributed computing, and a suite of decentralized applications (dApps). This vertical stack not only enhances the capabilities of AI applications but also ensures they operate within a secure and decentralized framework.

ChainCatcher news, the cross-chain settlement layer Union announced the completion of a $12 million Series A funding round, led by Gumi Cryptos Capital and Longhash Ventures, with participation from Borderless Capital and Blockchange, as well as blockchain founders from Polygon, Movement, and Berachain. The total funds raised have reached $16 million.The funding will be used for core team expansion, partner integration, and ecosystem development.According to RootData, Union is an efficient interoperability protocol that connects all blockchains and Rollups within any ecosystem. It is based on consensus validation and does not rely on trusted third parties, oracles, multi-signatures, or MPC.

ChainCatcher news, according to foreign media reports, Trump has chosen North Dakota Governor Doug Burgum to lead the Department of the Interior, a move that puts one of Trump's former main competitors in charge of the department.Governor Burgum of North Dakota became a self-made billionaire after selling his software company, which is a factor that helped him build a relationship with Trump, who has viewed Burgum as a potential opponent in the 2024 campaign.If approved by the Senate, Burgum will manage over 500 million acres of federal land, as well as the fossil fuels and minerals beneath it, making him a key component of Trump's promise to increase oil and gas production.

According to @tier10k's summary, HBO's documentary about Bitcoin attempts to suggest that Peter Todd is the Bitcoin founder Satoshi Nakamoto (which Peter Todd himself denies). Some cases include: in 2010, Todd (using a new account) replied to Satoshi's post on the Bitcointalk forum; HBO claimed he mistakenly used his own account to complete Satoshi's post. Both accounts ceased activity a few days later. Todd later implemented the concept of Replace-by-Fee (RBF) discussed in that post.Additionally, a document provider claims that Todd used the alias John Dillon to promote RBF. Both used British/Canadian spelling. Furthermore, the timing patterns of Satoshi's posts align with the schedule of a student claimed by the document provider, with more posts on weekends. Todd has discussed "sacrificing" Bitcoin; this may refer to destroying Satoshi's Bitcoins.