Odaily Planet Daily News: Chicago Federal Reserve President Goolsbee stated on Friday that he opposes the Federal Reserve's recent 25 basis point rate cut decision, believing that before further rate cuts are made, more data on inflation and the labor market should be awaited, especially given that businesses and consumers remain highly concerned about rising prices. Goolsbee is one of three officials who voted against the decision in the Fed's 9:3 vote this week. He advocates delaying the rate cut until early next year. He explained, “Given that inflation has been above the target for four and a half years in a row, progress has stalled in recent months, and nearly all the businesses and consumers we have contacted within our district regard prices as a primary concern, I believe a more cautious approach is to wait for more information.” He also stated that if future data show inflation is returning to the Fed's 2% target, he remains “optimistic that” rates could be “significantly lowered next year.” (Jin10)

Odaily Planet Daily News: RaveDAO announces the RAVE airdrop ratio and distribution mechanism for Genesis Membership Pass holders. According to the announcement on December 12, the airdrop exchange ratio is: 1 RAVE Point = 2 RAVE. This airdrop has three wallet submission windows, corresponding to different RAVE distribution times: Window One - Submission Time: December 10, 2025, 08:00

Foresight News reports that, according to Bloomberg, Tether plans to raise up to $20 billion through a stock issuance and will consider tokenizing the shares after the sale is completed. Sources familiar with the matter revealed that Tether executives are considering various options, including share buybacks, and storing the company's stock in digital form on the blockchain through tokenization after the transaction. The sources also disclosed that at least one existing shareholder previously planned to sell shares at a price significantly below the company's $500 billion valuation, but Tether intervened to prevent this plan. The sources further revealed that Tether's management is concerned that a sell-off by current investors could impact its massive fundraising efforts. Due to the involvement of confidential information, these individuals requested anonymity. One insider stated that the company currently has no plans to allow existing shareholders to sell shares in this round of major financing.

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is trading at $0.00, down 22.56% in the past 24 hours, with a high of $0.000079848 and a low of $0.0000063462. The 24-hour trading volume reached $174 million. The current market capitalization is approximately $255 million, a decrease of about $74.37 million from yesterday. Terra Classic is an open-source decentralized blockchain driven by the Tendermint consensus mechanism and Cosmos SDK, operating independently of the original Terra network. Maintained by a diverse set of validators and one of the most active communities in the crypto space, its block finalization time is about 6 seconds, with transaction fees below 1 cent.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, LUNA (Terra) is now trading at $0.18, down 24.30% in the past 24 hours, with a high of $0.25 and a low of $0.10. The 24-hour trading volume reached $453 million. The current market cap is approximately $125 million, down $40.26 million from yesterday. # Recent Important News on LUNA: 1️⃣ **Rwandan Court Sentencing Results Trigger Short-term Correction Pressure** Terraform Labs co-founder Rwandan was sentenced on December 11th at the Manhattan Federal Court, marking a new phase in the legal proceedings of the 2022 TerraUSD collapse. The incident once wiped out about $40 billion in market value and was one of the most significant crises in cryptocurrency history.

Cross-chain interoperability protocol deBridge announces the launch of a brand new execution primitive, deBridge Bundles, designed to fundamentally simplify on-chain interactions for users and developers, reducing multi-layer complexity during DeFi usage. This model allows users to sign only an "intention" that describes the final result, with the protocol automatically completing execution, eliminating the need to manually handle transactions, gas, or cross-chain steps. Traditional on-chain operations often require users to deal with slippage, gas estimation, transaction retries, and cross-chain asset management. deBridge states in its announcement that Bundles shift the execution logic from chain-level operations to a "result-oriented" model, removing cumbersome steps and making user operations closer to a one-click experience. Meanwhile, developers can focus on application-layer logic without having to build complex execution and retry frameworks themselves, significantly shortening development cycles and enhancing product stability.

PANews December 12 News, Pyth Network announced the launch of the PYTH Reserve Mechanism, which uses protocol revenue to purchase PYTH tokens monthly, directly linking product adoption with network value. As a key part of financial infrastructure, Pyth Network has supported over $2.3 trillion in cumulative trading volume. The new mechanism aims to promote sustainable value growth. The PYTH Reserve allocates one-third of funds from DAO treasury each month to buy PYTH tokens on the open market, combined with quarterly pricing optimization strategies to ensure revenue growth is directly converted into buying pressure for the token. Pyth's economic engine is powered by Pyth Pro, Pyth Core, Entropy, and Express

PANews December 12th News, according to three sources, the Bank of Japan may maintain its commitment to continue raising interest rates next week, but will emphasize that the pace of further hikes will depend on how the economy responds to each increase. BOJ Governor Haruhiko Kuroda has essentially announced in advance that there will be a rate hike in December, and the market has almost fully priced in the possibility of raising rates from 0.5% to 0.75% in December. The market's focus has shifted to how much the BOJ can raise interest rates to a neutral level. Sources say that although the central bank may internally update its estimate of the policy rate relative to what is considered a neutral level, it will not use this estimate as the main communication tool for future rate hike paths due to the difficulty of making precise predictions. Instead, sources say the BOJ will explain that future rate hike decisions will be based on considerations of how past increases have affected bank lending, corporate financing conditions, and other economic activities. One source stated

PANews December 12 News, Fidelity Global Macro Director Jurrien Timmer posted on X platform that after excessive speculation in the crypto market has subsided and market sentiment has improved, Bitcoin's official closing in 2025 is actually quite good under the background of Federal Reserve easing policies and calm bond and foreign exchange markets. Previously, Bitcoin treasury companies provided "returns" by issuing stocks to buy Bitcoin, which may now become a resistance to Bitcoin's rise and also raise questions about whether another four-year cycle has already ended. However, observing the curve structure of Bitcoin's mature network shows that since 2010, Bitcoin has experienced five bullish waves, each smaller in magnitude than the previous one, but with increasingly longer durations. From the performance in the recent bull market (which began around $16,000 in 2022), it can be seen that Bitcoin has become very mature. According to Ju

ChainCatcher news, in the 2025 Entrepreneur Middle East Leadership Awards held in Dubai, Gate was awarded the "Crypto Industry Icon" for the year. This honor is awarded by the over ten-year-old business media Entrepreneur Middle East, to recognize outstanding representatives who demonstrate significant influence, industry driving force, and ecological contribution in the global crypto and Web3 fields. As one of the earliest platforms to establish a global layout within the industry, Gate has long focused on user experience, security system construction, and continuous investment in key infrastructure, and has continuously strengthened practices in asset transparency, compliant operations, and promoting industry standardization. In recent years, Gate

In the Ethereum (ETH) market, large-scale withdrawals from staking continue, with approximately 400,000 ETH (about $1.3 billion) returning to the market over the past 20 days. Although ETH prices fell by 2.8% during the day to $3,227 as of the 11th, they have maintained a weekly increase of 3.1%. However, macro uncertainty and staking outflows remain a drag on the price, and the market continues to lack a clear direction. Meanwhile, one of the world's largest Ethereum holding companies, BitMine, is accelerating its buybacks. Founder Tom Lee has called the fall below $3,000 a "bottoming signal," and last week alone, purchased 138,452 ETH (about $460 million). As a result, BitMine's total holdings have risen to approximately 3,864,000 ETH (3.2% of the total supply), further strengthening its presence as a DAT company.

American Bitcoin (ABTC) has experienced significant adjustments over the past month, with its stock price falling over 60% to hover around $1.85. In the last 24 hours, the stock price dropped an additional 4.9%, triggering market concerns about its business model and financial health. However, despite the worsening market sentiment, the company has quietly expanded its Bitcoin reserves, laying the groundwork for its "Bitcoin Infrastructure Backbone Network" strategy. According to the latest disclosures, as of December 8, 2025, ABTC holds approximately 4,783 Bitcoins, an increase of 416 Bitcoins in just the past week, representing a significant growth. These Bitcoins are obtained through mining, strategic acquisitions, and a custodial and collateralized structure in cooperation with Bitmain. The company emphasizes that its core value is increasing in tandem with its Bitcoin reserves.

Netflix has released a trailer for the comedy "One Attempt Remaining," starring Jennifer Garner. The film tells the story of a divorced couple racing against time to recover a $35 million cryptocurrency key.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, RSR (Reserve Rights) is trading at $0.003374, up 15.25% in the past 24 hours, with a 24-hour trading volume of $31.7 million. The current market capitalization is approximately $208 million, an increase of $2.76 million from yesterday. Reserve is a decentralized token investment portfolio (DTF) platform, similar to an ETF in the crypto space, allowing users to gain exposure to the entire crypto market, specific sectors, and investment strategies with one click. RSR is the governance token of the platform, and holders can stake RSR to protect the protocol, participate in governance, and earn rewards.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $92,362.57, up 2.83% in the last 24 hours, with a high of $94,601.57 and a low of $87,799.56. The 24-hour trading volume reached $60.103 billion. The current market cap is approximately $1.84 trillion, an increase of $50.698 billion compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates on peer-to-peer technology, without the need for a central authority or bank management. Transaction management and Bitcoin issuance are collectively handled by the network. Bitcoin is open source, with its design publicly available. No one owns or controls Bitcoin, and everyone can participate. Through many unique attributes, Bitcoin provides fast

Arbitrum DAO is voting on a $1.5 million proposal to reward active voting representatives. Representatives must hold 200,000 ARB and publicly state their voting reasons. The support rate is 55.8%, and it is planned to be managed by the DAO Operations Committee, with an initial duration of one year.

Gate News bot message, according to the official Gate announcement on December 11, 2025 Gate launched six cryptocurrencies—BBLAST, CYS, ALMANAK, BTX, US, and POWER—on the instant exchange platform on December 11. Users can now perform exchange operations for these tokens through the instant exchange platform. The Gate instant exchange platform currently supports the conversion of over 2200 cryptocurrency assets, offering one-click exchange services without any fees.

BlockBeats News, December 11 — Ethereum treasury company BitMine Chairman Tom Lee stated in the latest podcast Altcoin Daily that the current price of Ethereum reflects not what happened today, but the future. So don’t expect it to rise every day; you need to bet on the "super cycle." Tom Lee believes that the biggest misconception is: even if you discount the future EQM to $5,000 or even $3,000, the end price of Ethereum ten years from now could still be $100,000. "This small difference today is just a tiny fluctuation in the discount rate." But everyone wants instant gratification — press the buy button and make money the next day; if it doesn’t rise, "this coin is a scam." They think they can press the button 1,000 times and win 1,005 times, but in reality, no one can do that.

CZ quoted 20-year-old lottery winner Brenda who refused a one-time payout of $1 million and chose a weekly $1,000 annuity. He suggested she invest the cash in Bitcoin or BNB for higher returns, believing the investment gains would surpass the total annuity of $5.2 million.

Gate will launch perpetual contract trading for Almanak and Talus Network on December 11th, supporting 1-20x leverage, along with related lending and wealth management features. Trading bots and dollar-cost averaging functions will be available within one hour after launch.

Led by Tom Lee, co-founder of Fundstrat, Ethereum vault company BitMine has once again increased its bet on Ethereum. According to Arkham data cited by EmberCN, BitMine purchased 33,504 ETH through FalconX on Wednesday, with a total value of approximately $112 million. Although the company has not officially confirmed the transaction, its recent accumulation pace aligns with its established strategy. BitMine is one of the world's largest Ethereum vault institutions. This year, it has continued to expand its holdings and reaffirmed its long-term goal — holding 5% of the total ETH supply. According to its latest 8-K filing, as of December 7, BitMine held 3,864,951 ETH, 193 BTC, $1 billion in cash, and $36 million in Eightco Holding shares (the company associated with the Worldcoin WLD token).

Pi Network is facing renewed legal scrutiny as a new lawsuit emerges in the United States, but one industry expert argues the case is unlikely to hold up in court. According to Pi researcher Dr. Altcoin, the lawsuit filed in the U.S. District Court in California is “deeply flawed” and built on claims that misrepresent the project’s history and technical structure. In a detailed post on X, Dr. Altcoin criticized the lawsuit for presenting misleading information—most notably the allegation

Gate News Bot messages, December 11th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is trading at $0.00006374, up 7.22% in the past 24 hours, with a high of $0.000079848 and a low of $0.0000063462. The 24-hour trading volume reached $275 million. The current market capitalization is approximately $349 million, an increase of $23.5 million from yesterday. Terra Classic is an open-source decentralized blockchain based on Cosmos-SDK, protected by Tendermint consensus mechanism. As an independent branch of the original Terra network, Terra Classic is maintained and operated by numerous validators and active community organizations. Block confirmation time is about 6 seconds, transaction fees are less than one cent, and on-chain smart contract execution is fully autonomous.

Elon Musk recently sent two major signals within hours: first, confirming that SpaceX is accelerating towards going public; second, clearly stating that he will no longer participate in the government efficiency department (DOGE) project. This has been interpreted by the outside world as him fully returning to the business sector after experiencing a turbulent political cycle. Musk made the above statement in response to an article by space journalist Eric Berger about "SpaceX's upcoming IPO." He replied, "Eric is right," which is equivalent to publicly confirming the IPO plan for the first time. Berger, as one of the journalists who knows SpaceX best, is often regarded as an industry trendsetter.

Bitcoin prices plummeted to $89,000 during Asian trading hours, approaching the $80,000 mark at one point, dragging the total cryptocurrency market capitalization down from $3.22 trillion to $3.06 trillion, a loss of $160 billion in a single day. As expected, the Federal Reserve cut interest rates by 25 basis points, but disagreements within the FOMC and Powell's hawkish stance became the core reasons for the sharp market correction. The meeting minutes revealed that several officials opposed the rate cut, and Powell further indicated that the Fed might pause rate cuts until January 2026. This hawkish signal quickly dampened risk asset sentiment. Additionally, the Fed announced it would purchase up to $40 billion in Treasury securities within 30 days. Although officials emphasized that this was not quantitative easing (QE), the market widely viewed this move as exposing liquidity pressures. Gold prices subsequently rose, and analysts warned that the banking system could face deeper risks.

Odaily Planet Daily News: The cryptocurrency trading platform Ave.ai officially released a major update for the Android version 2.3.06 today, focusing on optimizing user experience to create a more efficient and reliable trading environment for users. The new version is now available for download, and users can upgrade immediately. The iOS update with new features will also be released soon. Highlights of this update include: 1. New homepage design: The new homepage adopts a minimalist style, making the visuals cleaner. Users no longer need to search through layers; the homepage directly accesses the wallet and the popular Token trading area. 2. Bot copy trading system: An innovative Bot copy trading feature is directly integrated into the app, allowing users to follow experienced wallet addresses that are profitable with one click, and to copy their trading strategies in real-time. The system includes risk filtering mechanisms to help beginners avoid common pitfalls and make earning money simpler and more reliable. 3. Multi-signature wallet upgrade

Midnight Network's NIGHT token surged nearly 200% within 24 hours of its launch on December 9, with a total market capitalization surpassing $1.2 billion. Its first-day trading volume exceeded $320 million, making it one of the most关注的新项目之一 in the privacy sector this quarter. Midnight is positioned as a partner chain of Cardano, with its initial token minting and ledger utilizing Cardano's native asset architecture. As the privacy coin narrative rapidly heated up after October, the launch of Midnight was seen as hitting a critical point in market sentiment shift. Over the past two months, Zcash experienced a tenfold surge against regulatory pressures, and the total trading volume of privacy coins such as Dash, Monero, Railgun, and Decred once approached $3 billion.

Gate News Bot Message, December 11th, according to CoinMarketCap data, DOGE (Dogecoin) is currently priced at $0.14, down 5.72% in the past 24 hours, with a high of $0.15 and a low of $0.14. The 24-hour trading volume reached $1.714 billion. The current market cap is approximately $21.104 billion, a decrease of $1.280 billion compared to yesterday. Dogecoin is an open-source peer-to-peer digital currency built on blockchain technology, representing a highly secure decentralized system. Its core idea is as an unexpectedly born cryptocurrency movement aimed at making people smile. The Dogecoin community adheres to the unofficial slogan "Do Only Good Every Day," focusing on mutual support, spreading cryptocurrency knowledge, charitable donations, and community building. As one of the few cryptocurrencies used as money since its inception, Dogecoin has real monetary utility with extremely low transaction fees. The Core wallet version 1.14.9 has been released, offering updates and improvements.

Gate News Bot message, December 11, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $90,036.77, down 2.50% in the past 24 hours, with a high of $94,601.57 and a low of $87,799.56, and a 24-hour trading volume of $67.203 billion. The current market cap is approximately $1.80 trillion. Bitcoin is an innovative payment network and a new type of currency. BTC operates using peer-to-peer technology, unaffected by any central authority or bank; transaction management and Bitcoin issuance are handled collectively by the network. BTC is open-source, with its design publicly available; no one owns or controls BTC, and everyone can participate. Through many unique properties, BTC can enable exciting applications that were previously impossible with traditional payment systems. Featuring fast point

The median of the Federal Reserve dot plot shows an expectation of one rate cut in 2026, one rate cut in 2027, and a hold in 2028. There are clear disagreements regarding rate hikes, holds, and cuts in 2026.

Golden Finance reports that on Wednesday, as investors locked in some profits ahead of the Federal Reserve's rate decision and main Powell's press conference, gold prices declined slightly; silver, after touching a historical high during the session, oscillated narrowly below record highs. High Ridge Futures metals trading director David Meger said: “We may be entering a 'pause after rate cuts' path. But we still believe gold prices are generally in a sideways but stronger upward trend, and this is just a slight pause.” This meeting was the most divisive in years: policymakers, on one hand, need to weigh the necessity of rate cuts to support the labor market, while on the other hand, they are concerned that such measures could once again boost inflation.

ProCap Financial officially becomes one of the companies holding 5,000 Bitcoins and still holds over $175 million in cash. By implementing loss optimization capital strategies, the CEO stated that combining Bitcoin investments with traditional allocations creates value for shareholders.

Odaily Planet Daily News reports that according to Solidus Labs monitoring, a Telegram group called “PumpCell” organized multiple high-coordination pump-and-dump schemes on Solana and BNB Chain. The group used synchronized token deployments, sniper-bots for buying, false narratives, and meme-driven hype activities to push micro-cap tokens to seven-figure valuations within minutes. Solidus Labs’ investigation estimates that the group made a profit of $800,000 in October 2025 and transferred funds through centralized exchanges and OTC cash brokers, allegedly to evade regulatory oversight. Solidus Labs points out that automated market makers in the crypto asset market

Odaily Planet Daily reports that Tom Lee posted on the X platform stating that today is Federal Reserve meeting day (December Federal Open Market Committee meeting decision). Over the past 4 weeks, the market has struggled, and before the "hawkish rate cuts," no one was willing to go long on stocks. This seems to increase the likelihood of a stock market rally after the Fed's decision.

Gate News bot message, according to the official Gate announcement on December 10, 2025 Gate has officially launched the KYO token on the Instant Exchange platform on December 10, 2025. Users can exchange KYO through the Gate Instant Exchange feature. The platform supports one-click exchange transactions for over 2200 types of cryptocurrency assets, with no fees charged.

Cardano (ADA) is trading higher today and is the brightest spotlight in the cryptocurrency market. ADA's 8% increase in a single day, accompanied by a 72% surge in trading volume, successfully led to a recovery in overall altcoin sentiment and injected new liquidity and confidence into the market. As ADA's price gains momentum, traders and investors are turning their attention to Cardano, propelling it into the current dominant force in the market. This rally is driven by multiple factors, including Cardano's steady progress in technology development, improved overall market sentiment, and strong demand from traders for high-momentum assets following recent consolidation. Cardano is more attractive in a highly volatile market environment with a clear direction and good fundamentals, making it one of the top choices for traders when chasing clear trends.

Avalanche blockchain developer Ava Labs, the Blockchain Association, and the Digital Chamber of Commerce recently held a key meeting with the U.S. Securities and Exchange Commission's (SEC) Cryptocurrency Working Group to discuss the direction of U.S. regulation of protocol tokens and crypto assets. The meeting also included legal experts from Sidley Austin LLP, focusing on how the SEC and the Commodity Futures Trading Commission (CFTC) are aligning regulations. According to the memorandum issued by the SEC, the meeting focused on optimizing the regulatory structure for cryptocurrencies, enhancing industry transparency, and clarifying the regulatory ownership of protocol tokens across different lifecycles. The "two-phase regulatory framework" proposed by Ava Labs and Sidley Austin was one of the centers of the discussion. The proposal suggests: the first sale of protocol tokens before the launch is regulated by the SEC and treated as an investment contract; After the token is launched, it will be regulated by the CFTC and treated as a commodity. This initiative aims to provide a clearer and more enforceable regulatory environment for protocol tokens without relying on new legislation.

At a time when market activity is slowing down, the SUI ecosystem has ushered in a favorable critical infrastructure. SUI officially announced that ZenLedger has been integrated into the network to provide users with automated tax processing, accounting tools, and audit compliance processes. The service covers more than 300 exchanges and 40 blockchains, making it one of the most comprehensive financial reporting solutions for current SUI users. This move targets the complex tax filing problem that has long plagued crypto traders, laying the foundation for SUI to attract a wider range of retail and institutional investors. Despite the positive progress in ecological construction, short-term data presents mixed signals. SUI's total DeFi value locked has decreased slightly by 1% in the past 24 hours, maintaining at $923 million, indicating stable funds but not expanding. The scale of lock-up is still considerable, which strengthens the confidence of long-term holders, but the incremental funds of the overall ecosystem have not yet returned.

The American Federation of Teachers (AFT) has formally submitted a petition to the U.S. Senate to withdraw the latest version of the Responsible Financial Innovation Act, citing the "serious risks" it could pose to the pension system, the wealth of working families and the economy as a whole. AFT represents 1.8 million members, and this voice is seen as one of the most direct voices against the impact of crypto legislation in the US public sector. AFT Chairman Randi Weingarten pointed out in the letter that the proposal does not establish the regulatory protections needed to deal with the risks of crypto assets and stablecoins, but may expose pension portfolios that are not currently involved in crypto assets at all to market volatility and regulatory loopholes. She emphasized that once pension and 401(k) plans gain exposure to tokenized assets with inadequate regulation, it could pose a threat to the long-term financial security of retirees.

According to Gate News Bot on December 10, citing CoinMarketCap data, as of press time, DOGE (Dogecoin) is trading at $0.15, up 4.17% in the past 24 hours, reaching a high of $0.15 and a low of $0.14. The 24-hour trading volume is $1.699 billion. The current market capitalization is approximately $22.349 billion, an increase of $895 million compared to yesterday. Dogecoin is an open-source, peer-to-peer digital currency that uses blockchain technology to achieve a highly secure, decentralized information storage system. As the people’s cryptocurrency, Dogecoin upholds the community philosophy of “Do Only Good Everyday,” dedicated to supporting others, spreading cryptocurrency knowledge, fundraising for charity, and community building. Since its inception, Dogecoin has been designed for real-world currency use, featuring extremely low transaction fees, and is one of the few crypto assets focused on monetary functions from the very beginning.

Putin pointed out at an investment forum that the development of new payment tools is inevitable, especially electronic payment tools such as Bitcoin. He stated that the declining use of the US dollar will weaken its economic power and criticized the US government for using the dollar for political purposes, which has led other countries to seek alternative assets such as cryptocurrencies.