According to BlockBeats, on December 4, as disclosed by Fox Business reporter Charles Gasparino, insiders on Wall Street and in the US business community are making last-ditch efforts to warn Trump about the issue of selecting Kevin Hassett as the Federal Reserve Chairman. The main argument from Wall Street and the business community is that, given the political nature of Hassett's previous work (Director of the US National Economic Council) and his past experience, he lacks credibility among Federal Reserve staff and the markets, while the markets seek an independent Fed. Appointing Hassett would lead to a rise in long-term interest rates and chaos within the Fed. If Hassett manages to lower short-term rates through a split vote under persistent inflationary pressures (as Trump desires), it would be seen as political intervention and trigger inflation. Mortgage and consumer rates are benchmarked against the 10-year Treasury bond, and if

Bitcoin (BTC) saw a strong rebound of nearly 10% within 24 hours after Vanguard suddenly lifted its ban on Bitcoin ETF trading, pushing the price above $93,000 and marking one of the sharpest rallies this quarter. This market movement has been dubbed the “Vanguard Degen Effect,” reflecting the rapid influx of conservative capital into the crypto market following the lifting of restrictions. Bitcoin’s surge began during Tuesday’s U.S. market open, with prices surging toward $91,000 and a large number of leveraged short positions being liquidated, further driving the market upward. Against this backdrop, Vanguard announced it would allow trading of Bitcoin, Ethereum, XRP, Solana, and other crypto ETFs, ending its years-long ban on crypto.

American entrepreneur and investor Kevin O’Leary recently stated that the potential Fed rate cut in December would have a negligible impact on Bitcoin prices. He believes that persistent inflation may prompt monetary policy to remain tight, and expects Bitcoin prices to fluctuate around the current level by about 5%. O’Leary pointed out that his investment strategy does not rely on the assumption of Fed rate cuts, so he does not consider rate cuts to be a price driver. Although data from the Chicago Mercantile Exchange (CME) shows an 88.1% probability of a rate cut in December, O’Leary believes that inflationary pressure is the key reason for the Fed to maintain rates. The annual inflation rate in the US rose to 3% in September, pushing policy toward tightening. He emphasized that the Fed faces a dual mandate of balancing full employment and controlling inflation, and that recent increases in tariffs and input costs have also heightened the necessity of maintaining rates.

According to a report by Jinse Finance, citing Bloomberg, MicroStrategy Inc. CEO Phong Le stated that MicroStrategy is considering lending out some of its tokens. He said that when traditional financial firms enter this space and we have different counterparties, lending Bitcoin is something we would consider, and I believe we would be very enthusiastic about it.

PANews, December 3 - According to Russian media reports, Russian President Putin and U.S. envoy Vitkov discussed the Russia-Ukraine peace plan for nearly 5 hours. After the meeting, Russian presidential aide Ushakov stated that the two sides discussed several options for resolving the Ukraine issue. Putin requested that several important political signals be conveyed to Trump. The Russian and American sides agreed not to disclose the substance of the negotiations. The content of this negotiation is confidential. The American representatives will return to the U.S. to report their results to Trump and will contact us. Contacts between Russia and the United States are ongoing. A compromise on territorial issues has not yet been reached, but the U.S. side has announced its proposals. Russian presidential special envoy Dmitriev said that the talks were productive.

The report by the French bank noted that if the U.S. Supreme Court rules that Trump has implemented comprehensive tariffs illegally, the dollar could weaken immediately, and investors' concerns about the U.S. fiscal deficit would increase. However, the Trump administration may compensate for the fiscal gap through alternative tariff measures.

BlockBeats news, on December 2, MicroStrategy first hinted at "possibly selling coins". The company announced it would raise funds through a stock issuance to establish a cash reserve of $1.44 billion to cope with the "Bitcoin winter" and stated that if the internal indicator mNAV falls below 1 and it cannot refinance, it will consider selling some Bitcoin. This news breaks its long-held image of "never selling coins" and, combined with approximately $82 billion in convertible bond pressure, caused the stock price to plummet over 12% during Monday's trading, expanding the year's decline to about 40%, with Bitcoin also dropping over 4%. BiyaPay analysts believe this signals that leading institutions are starting to reserve the "save the core by abandoning the vehicle" option for extreme market conditions, which may exacerbate the fluctuation of Bitcoin and related concept stocks in the short term. Users can trade US stocks MSTR and Bitcoin and other digital assets on BiyaPay using USDT.

Odaily News According to on-chain analyst Ai Yi's monitoring, an Address (0x2Eb...7B15) has sold 3,000 ETH again within a week, worth 8.4 million USD. This Address is an ETH ICO participant, with a cost of 0.31 USD. In the past week, this Address has accumulated a deposit of 23,000 ETH to the exchange, and if all sold, it would profit 66.53 million USD. Currently, its on-chain Address only has 69.83 ETH left, worth approximately 195,000 USD.

On December 1, Fed Chairman Jerome Powell deliberately avoided discussion of the current economic situation or monetary policy during a speech at the Hoover Institution at Stanford University. He reiterated the Central Bank's responsibility to maintain price stability and emphasized the importance of trust and economic humility. Powell's term will expire in May 2026, and the market is watching for Trump to possibly announce a new Fed chairman candidate this month. The timing of the speech is noteworthy: there are only 9 days left until the next Federal Open Market Committee (FOMC) meeting, and the market had hoped to gain signals on policy direction from the speech. However, Powell emphasized that he would not discuss the current economy or monetary policy, but rather commemorate the contributions of the late former Secretary of State George Shultz.

BlockBeats news, on December 2, according to HyperInsight monitoring, in the past 12 hours, James Wynn's Address (0x8da) opened a BTC long order with 40x leverage, with an average price of $85,400 and a Holdings size of approximately $2.95 million, currently showing unrealized gains of $57,000 (77%). In the past week, multiple attempts to open long orders for BTC and ETH have recorded losses. Previously, on November 25, James Wynn again released a bearish forecast on platform X, stating that Bitcoin may fall to $67,000 that week. Additionally, monitoring shows that his other publicly used Address (0x507) has cleared its account funds. Previously, on November 10, after James Wynn informed the community that BTC would fall to $92,000, this Address gradually opened positions.

According to Jinse Finance, the demand for Japan's 10-year government bond auction on Tuesday was stronger than the average level of the past 12 months, despite the rising expectations for the Central Bank's recent interest rate hike. The bid-to-cover ratio was 3.59, up from 2.97 in the last auction in November and the 12-month average of 3.20. This auction took place after Bank of Japan Governor Kazuo Ueda made comments on Monday, which the market believes increased the likelihood of a rate hike later this month. Ueda stated that the Bank of Japan would weigh the pros and cons of raising interest rates and take appropriate action, adding that even after a rate hike, financial conditions would remain accommodative. Currently, the swap market indicates an approximately 80% chance of a rate hike at the policy meeting on December 19, while the likelihood of a January rate hike has risen to over 90%. In contrast, just a week ago, the probability of a December rate hike was only 36%. Meanwhile, the Japanese Ministry of Finance plans to increase short.

BlockBeats news, on December 2, the Taiyuan City Wanbailin District Prosecutor's Office in Shanxi Province, China, recently announced the first-instance verdict on the case of Chen and Li, who were prosecuted for concealing and hiding criminal proceeds. The court accepted the sentencing recommendation from the prosecutor's office, sentencing the two to two years and six months, and one year and six months of fixed-term imprisonment respectively, and imposing fines. In May of this year, Ms. Zhang met "Lin Hao" (who is still at large) on a short video platform. "Lin Hao" falsely claimed that his comrade worked for a well-known company and had access to information about the company's stock rise and fall, stating that profits could be made by signing up for an account on the company’s internal website to "buy rise" (claiming a return of 5% per period). However, it required trading in US dollars and exchanging cash for US dollars with designated merchants, which would then be transferred to his comrade's US dollar account, and then transferred to the company's account. On May 21, Ms. Zhang, following "Lin Hao"'s instructions, brought 1.47 million yuan in cash to a hotel in Wanbailin District to prepare for the exchange of US dollars. Under the guidance of the upper source, Chen...

Golden Finance reports that the prediction market platform Kalshi lost its preliminary injunction to prevent enforcement by Nevada regulators on the eve of Thanksgiving and is currently seeking a court order to continue blocking state regulatory actions during the appeal. The court's lifting of the injunction means that Kalshi may face potential legal risks if it continues to operate in Nevada. Similar to Polymarket, Kalshi offers prediction contracts covering sports, politics, encryption, and traditional markets, believing that obtaining a CFTC license allows it to operate in all 50 states, but some state regulators—especially in Nevada—disagree. Nevada regulators stated that after lifting the ban, they would not immediately initiate enforcement actions before the court decides whether to grant a stay, but this is not equivalent to an administrative exemption issued by the court. The court has required state regulators to respond to Kalshi by December 8.

According to ChainCatcher news and reports from Jin10, the Fed may face a series of divergent votes on interest rate issues in the future, which could weaken the effectiveness of its policy signals. Among the committee of 12 voting members, as many as five have expressed opposition or skepticism towards further rate cuts, while three members hope for a rate reduction. Al-Hussein, a fixed income investment manager at Threadneedle, stated that a 7:5 split would cause chaos in the interest rate market. Bank of New York Mellon believes that the policy outlook for 2026 will be influenced by political economics.

Odaily News Sources say that Trump trusts Hassett and believes that he is aligned with him on the desire to push the Central Bank for more aggressive interest rate cuts. Hassett has stated that he would accept the position if invited. Last week, U.S. Treasury Secretary Becerra, who is overseeing the selection process, indicated that Trump might announce his nominee before the Christmas holiday. Other finalists besides Hassett include Federal Reserve Board of Governors member Christopher Waller, Michelle Bowman, former Federal Reserve Board member Kevin Warsh, and BlackRock's Rick Rieder. Trump has also frequently expressed a desire for Becerra to serve as chairman, but Becerra has repeatedly declined.

Japan's 10-year government bond yield rose to 1.86%, reaching a new high since 2008 and triggering tremors in global markets. As the Bank of Japan hinted that it would consider raising interest rates at the December rate meeting, the long-standing era of low interest rates may come to an end, directly threatening the support for global risk assets and Yen Carry Trade in the crypto market. In the past year, Japan's government bond yields nearly doubled, with the two-year yield reaching 1% for the first time since 2008. Although 1.86% is still considered low globally, it represents a significant structural change for Japan, a country that has long been in a "zero interest rate" environment. The low interest rates had allowed global investors to borrow yen at extremely low costs, flooding into U.S. Treasuries, European bonds, and high-risk assets, including encryption. However, as domestic yields rise, funds may begin to flow back to Japan.

PANews, November 30 news, according to Jin10 reports, Hassett, the director of the White House National Economic Council, stated that if President Trump nominates him for the Fed chair, he "would be very willing to serve."

According to ChainCatcher news and Jin10 reports, JPMorgan economists have changed their forecast, believing that the Fed will initiate interest rate cuts in December, which reverses the bank's judgment a week ago that policymakers would delay rate cuts until January next year. The research team stated that several heavyweight Fed officials support the recent statements on interest rate cuts, prompting them to reassess the situation. Currently, JPMorgan expects the Fed to cut rates by 25 basis points in December and again in January next year.

Golden Finance reports that AI-driven rise may keep the U.S. economy strong, thereby suppressing the Fed's expected interest rate cuts next year. Although the market anticipates that the Fed may cut rates as much as three times, Dustin Reid from McKinsey & Company stated that faster growth brought by AI may require tighter policies, which would lead to higher U.S. Treasury yields. He expects that by mid-2026, the yield on the 10-year U.S. Treasury will rise from the current 4% to 4.4%.

Tuesday was supposed to be a day of celebration for the prediction market platform Polymarket - the company was officially granted permission to operate in the United States. However, this milestone moment was completely overshadowed by racist remarks posted on its social media account, causing a huge uproar. The controversy originated from a message posted by the account @PolymarketTrade under Polymarket, which used derogatory terms such as "Jeets" to refer to South Asian and Nigerian users, claiming it would revoke their platform badges. It is reported that "Jeets" is an insulting term for people of Indian descent and other South Asian communities. Although the post has been deleted, it has sparked a strong backlash on the social media platform X.

PANews, November 26 news, Strategy stated in a post on platform X: "If the price of Bitcoin falls to our average cost price of $74,000, we still have assets equivalent to 5.9 times the convertible debt, which we refer to as the Bitcoin rating of the debt. If the price of Bitcoin falls to $25,000, that ratio would be 2.0 times."

Odaily News Arca Chief Investment Officer Jeff Dorman stated in a post this morning: "For years I have been debunking the misconceptions about Strategy (MSTR), yet every time BTC falls, the same nonsensical claims resurface - some say MSTR will be forced to sell BTC, or that its holdings will be liquidated, as if this were some leveraged perpetual futures… Anyone who spends less than five minutes consulting any debt or equity expert would understand that unless BTC's decline reaches a level where MSTR's selling actions become insignificant, MSTR simply does not need to sell BTC." Dorman further added that the reasons MSTR does not need to sell BTC are mainly as follows: 1. Considering

Golden Finance reported that ShapeShift executive Houston Morgan stated that JPMorgan suddenly closed his business account last Friday and notified him that his personal account would also be closed this week, citing the reason as "to protect Chase's Financial Institution." Morgan indicated that the entire process was without warning, and he was not asked to provide additional information, nor was there an opportunity to appeal. This incident follows the closure of Strike CEO Jack Mallers' account, raising concerns about the "de-banking" of the U.S. encryption industry once again. JPMorgan did not respond to requests for comment.

Golden Finance reports that the currency strategist team at JPMorgan, led by Meera Chandan and Arindam Sandilya, had predicted that the dollar would strengthen after Trump took office this year. However, with the dollar's performance in the first half of the year being the worst in 50 years, the team had to quickly adjust its outlook. The team's view on the dollar turned negative in March and has maintained that stance ever since. The strategists now expect the dollar to fall by about 3% before mid-2026, and then stabilize. However, analysts point out that several key factors complicate the bank's bearish outlook. First, despite the Fed's recent interest rate cuts, U.S. rates remain higher than many other global central banks. They state that this makes global investors more inclined to park their funds in the U.S. and limits the appeal of diversifying investments outside the U.S. More broadly, JPMorgan is concerned about the risks related to the U.S. labor market or growth expectations.

November 26 news, reports say that as the selection process for the new chair of the Fed enters its final weeks, White House National Economic Council Director Kevin Hassett is seen by Trump’s advisors and allies as the frontrunner for the next Fed chair. However, insiders also point out that Trump is known for making surprising personnel and policy decisions, so nominations cannot be considered final until publicly announced. The selection of the Fed chair and board members has traditionally been the most direct way for a president to influence the Fed. During Trump’s first term, he nominated the current chair Jerome Powell, but Trump deeply regretted that decision when Powell did not cut rates at the pace he expected. Hassett is viewed as being highly aligned with Trump’s economic views, including the assertion that rates need to be dropped. In an interview on November 20, he stated that if he were to serve as Fed chair, "I would drop rates now," because "the data suggests we should do this."

According to BlockBeats news, on November 25, a cryptocurrency airdrop player continuously submitted failed transactions on the blockchain, ultimately burning all their MON airdrop token rewards worth over $112,000, spending it all on the Gas fees for the failed transactions. The wallet address "0x7f4" was originally allocated approximately $112,700 worth of Monad (MON) tokens for participating in the Monad ecosystem. However, due to submitting hundreds of failed on-chain transactions in subsequent operations, all transactions, even if failed, would deduct Gas, leading to the complete depletion of the airdrop rewards. On-chain signs indicate that the wallet owner may have used a script to send a large number of transactions in a short time without realizing that the initial few had already failed, resulting in all subsequent transactions failing and Gas continuously burning. Therefore, before making large transfers, one should conduct small test transactions.

On Monday, a Block Trading trader bet that the price of Bitcoin would continue to rebound until the end of the year, expecting the price to break the 100,000 USD mark again, but not reach a new all-time high. This is a massive "bullish vulture" Options strategy with a notional value of 20,000 Bitcoins (1.76 billion USD), betting that the price of Bitcoin will continue to rise above 100,000 USD before the end of the year. Bitcoin, as the highest market capitalization cryptocurrency, has rebounded from last week's low of nearly $80,000 to about $88,000. Although this rebound is mainly driven by market expectations of a 25 basis point rate cut by the Federal Reserve in December, institutional buying has not yet returned for spot ETFs. According to SoSoValue, on Monday, 11 spot ETFs recorded a net outflow of $151 million.

Odaily News According to monitoring by Unchained, as of the end of the second quarter of 2025, Framework Ventures, a joint lead investor in the Berachain Series B round, holds 21,145,476 BERA Tokens, with a total cost of approximately 72.4 million dollars. The average bid price for these tokens is 3.42 dollars, and based on the current price, Framework Ventures has unrealized losses exceeding 50.8 million dollars on this batch of BERA tokens. Reports indicate that other investors in the Berachain Series B round (with a total financing amount of 100 million dollars), if investing at the previously reported valuation of 1.5 billion dollars, would also be at a loss. As of the time of publication, BERA

Foresight News reported that Smokey The Bera, a member of Berachain, tweeted regarding "documents showing that Berachain granted special refund rights to Nova Digital Fund under Brevan Howard in Series B financing," stating, "The report is neither accurate nor complete. Brevan Howard remains one of Berachain's largest investors. Their investment involves several complex business agreements, but like other investors, they participated in Series B financing under the same documents. Among them, Nova's compliance team requested to add a clause to guard against the situation where Berachain fails to successfully carry out token issuance and go live, as the purchased locks during financing would be affected."

BlockBeats news, on November 24, Equation News founder Vida stated in his personal channel that he sold the Bitcoin he previously bought the dip at the price of $86,000. This sale was due to a "fear of heights" sentiment regarding the US stock market, and he would gladly accept it if he sold too early.

According to a report by Bloomberg, the European Central Bank pointed out in the pre-release version of its financial stability assessment report on Monday: "Stablecoins are rising rapidly and may be widely used in new application scenarios, which could pose risks to financial stability in the future." The report will be officially released on Wednesday. One risk mentioned in the report is that if stablecoins are widely adopted, households may replace some of their bank deposits with stablecoins—"this would reduce a key source of funding for banks and make their overall funding more volatile," said the European Central Bank.

Odaily News As Powell's four-year term is set to end in May next year—just six months away—the search for the next Fed chair is in full swing, with five candidates currently vying for what could be the most significant position in the U.S. economy. Powell has endured months of relentless attacks from Trump. Trump has consistently called for a drop in interest rates and has tried to reshape the Fed into a subservient institution. This week, Trump reiterated his desire to fire Powell, stating he 'really wants to get rid of him.' The next Fed chair may need to arm themselves to resist Trump's scorched-earth policy approach—unless that person is Hassett. Hassett has already hinted that he would support Trump's desire for a massive rate cut. (Jin10)

According to ChainCatcher news reported by Decrypt, Indonesian authorities have arrested a local hacker who is suspected of exploiting a security vulnerability in the deposit system of the trading platform Markets.com to steal Crypto Assets worth $398,000. The arrested suspect has only been identified as HS and was detained on Saturday in Bandung, West Java. It is reported that the hacker exploited the system's anomalies under the name of Markets.com, and the platform would generate based on any deposit amount entered by the attacker.

BlockBeats news, on November 21, reported by Bloomberg, despite the recent fall in the crypto market, Tom Lee still believes that Bitcoin will reach 150,000-200,000 USD by the end of January next year. It is worth noting that Tom Lee made a similar judgment in September during the 2025 Korea Blockchain Week Impact summit, where he predicted that Bitcoin would reach 200,000-250,000 USD by the end of the year, and the target for Ethereum was 10,000-12,000 USD.

According to ChainCatcher news and Jin10 reports, Standard Chartered Bank expects the Fed to cut interest rates in the first quarter of 2026, most likely in January, whereas the previous forecast was that there would be no rate cuts in 2026.

CryptoQuant founder Ki Young Ju stated on the X platform that MicroStrategy would only go bankrupt if an asteroid hit the Earth, refuting rumors of Michael Saylor dumping Bitcoin. He pointed out that Saylor needs shareholder approval to sell Bitcoin and emphasized that there are various ways for MicroStrategy to address debt issues, and the risk of bankruptcy does not exist. Even if Bitcoin falls to $10,000, MicroStrategy would only restructure its debt.

Foresight News reports that crypto trader James Wynn tweeted, "I do enjoy trading, and while I love Bitcoin, if I see a shorting opportunity that makes money (like predicting Bitcoin peaked at 120,000, predicting at the 92,000 CME gap, or even predicting at the historical high of the last cycle...), I will go for it. People need to understand that I am both a holder and a believer in crypto assets, as well as a trader. If I don't express my views openly, that would be hypocritical, and I would never do that just to win the favor of the project party and people."

Golden Finance reported that the U.S. Senate Agriculture Committee approved Trump's nominee for CFTC Chairman, Michael Selig, by a vote of 12 to 11. During the hearing, senators focused on whether the CFTC needs a larger budget for encryption regulation and the agency's independence and partisan balance. Selig stated that he would assess funding needs upon taking office and emphasized the need to establish a clear regulatory framework that protects investors and supports encryption innovation.

According to ChainCatcher news, Jin10 reported that Fed's Goolsbee stated that if the government could tell the central bank how to handle interest rate issues, Inflation would rise, and economic growth would slow down. He emphasized that the loss of independence by the Fed would be painful for him and the market.

According to Golden Finance, on November 20, at the Saudi-U.S. Investment Forum held at the Kennedy Center, Trump stated in a speech that he would like to fire Fed Chair Jerome Powell, but Treasury Secretary Scott Basset was obstructing him. Trump urged Basset to "convince" Powell to drop interest rates as soon as possible and threatened that if the Fed did not cut rates, he would fire Basset, saying, "You have to convince him, Scott. The only thing you messed up was the Fed. Because the Fed's interest rate is too high, Scott. If you don't solve this problem quickly, I'm going to fire you."

Foresight News reports that, according to The Verge, Trump is considering signing an executive order as early as November 21. This executive order would grant the federal government unilateral authority to regulate artificial intelligence, including the establishment of a "Special Task Force on AI Litigation" supervised by the Attorney General, with members including White House Crypto Assets and AI Director David Sacks. Its sole responsibility would be to challenge state laws on artificial intelligence. The task force would have the authority to sue state governments identified as obstructing the development of the artificial intelligence industry.

ChainCatcher news, according to Jin10 report, Eastern Bank analyst Mortier stated that he would not be surprised if the Fed Intrerest Rate drops significantly at some point next year.

According to ChainCatcher news and Jin10 reports, Mitsubishi UFJ analyst Derek Halpern stated that if the upcoming Nvidia earnings report triggers further declines in the US stock market, the dollar may weaken. He pointed out that the dollar is currently positively correlated with the stock market, and concerns about the potential impact of declines in tech/AI zone stocks on the overall economy are resurfacing. Furthermore, a further drop in the stock market would increase the likelihood of the Fed taking an "insurance" rate cut in December. The market will then focus on the US non-farm payroll data for September, to be released on Thursday, which will determine the dollar's trajectory before the end of the year.

Former U.S. Secretary of Commerce Raimondo stated that Trump's tariff policy may continue to exist, as politicians are concerned that canceling it would offend workers. Regardless of which party is in power, the political cost of revoking tariffs is too high and is even more sensitive in the context of artificial intelligence. Goldman Sachs President Waldron also mentioned that the future labor environment will be more complex.

BlockBeats news, on November 19, according to data from the Polymarket website, a certain Address "0x774" has accumulated profits of over $260,000 by betting on "Solomon public sale fundraising amount" on Polymarket. The community suspects that this Address may be an insider address, as it profited over $109,000 by betting that "Solomon public sale fundraising would exceed $80 million," which previously had a probability of only 2.6%.

Odaily News Uniswap founder Hayden Adams posted on X that there are often new competitors loudly claiming to "replace Uniswap" and that the team welcomes this kind of competition, believing that without it, the competition would become boring. He stated that while certain projects may bring different changes, he remains skeptical about them.