December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
2024-11-11, Monday, Daily News (Selected)
【Policy News】
The probability of the Fed cutting interest rates by 25 basis points in December is 33.3%, and the probability of a 50 basis point cut is 66.7%. (Announcement time: December 19, 04:00 UTC+8)
2. Shanghai Xuhui announced the launch of the 2024 second batch of project applications to support the development of the blockchain industry.
3. Former SEC Chairman: SEC should stop all cryptocurrency enforcement, and the chairman should resign
4. El Salvador BTCHoldings exceeds 5930 BTC, with a current value of approximately $483 million.
【Macro News】
Important data this week: Wednesday: US CPI data. Thursday: US initial jobless claims for the week; US PPI data for October; Friday: US retail sales for October.
2. Musk supports Trump's intervention in the Federal Reserve.
3. Middle East Situation - Reports suggest that Israel is weighing the possibility of reaching a temporary ceasefire protocol with Lebanon; Netanyahu said he had three conversations with Trump; the chiefs of staff of the armed forces of Saudi Arabia and Iran met, emphasizing the need to strengthen defense and military cooperation.
4. Musk: Tesla is improving the design of the Optimus robot and will mass produce it.
【Coin Circle News】
1. Last week, the US Spot BTC ETF saw a net inflow of $1.63 billion.
2. This week, a large amount of unlocked Tokens: APT (worth about 126 million US dollars), AVAX (worth 53.92 million US dollars), ARB (worth 58.82 million US dollars) and other Tokens will be unlocked in large quantities.
3. BTC broke through $81,000, setting a new historical high. The total market capitalization of Crypto Assets exceeded $2.9 trillion.
4. The founder of Stacks expects to launch an upgraded version of sBTC in early December.
5. A few days ago, I received 32,371 BTC from Mt.Gox Wallet and transferred 27,871.3 BTC to another Address today.
6. Market requires OpenSea users to waive securities litigation after arbitration
7, Shiba proposed to establish the Strategic Hub for Innovation and Blockchain (S.H.I.B.) in the United States.
8. The company behind ENS, ENS Labs, plans to launch its L2 network Namechain by the end of next year.
Greed and Fear Index: 76 (Greed)
Ahr999 Index: 1.1 (high position in the investment interval)
#BTC # Daily News