AiCoin Daily Report (December 11)

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  1. The Federal Reserve will announce its interest rate decision on Thursday, followed by a 25 basis point cut to 3.50%-3.75%

The Federal Reserve will release its rate decision at 03:00 on Thursday. The market expects a 25 basis point cut to 3.50%-3.75%. There are disagreements within the FOMC, with some voters possibly opposing further rate cuts. Due to the government shutdown leading to missing key data in October, SEP and dot plots are expected to show limited changes. The market is watching whether a “Reserve Management Purchase Plan” (RMP) will be introduced after ending the balance sheet runoff. Bank of America predicts approximately $45 billion in short-term U.S. Treasury purchases per month starting from January, which could reach about $60 billion when including MBS reinvestments. If the RMP is announced, the focus of the meeting may shift to the balance sheet rather than the rate path. -Original

  1. BlackRock deposits 2,196 BTC into Coinbase, worth $202.76 million

On-chain data shows BlackRock deposited 2,196 BTC into Coinbase, valued at $202.76 million. -Original

  1. Trump criticizes Fed for too small rate cuts and interviews Powell’s successor

President Trump stated that the Fed could have doubled the size of rate cuts. -Original

  1. U.S. government transfers 1,933 WETH, worth approximately $6,546,300

AiCoin monitoring shows the U.S. government address transferring a total of 1,933 WETH to 0x6…94D, worth about $6,546,300. Price may decline. Data for reference only. -Original

  1. CFTC Chair says Bitcoin can now be used as collateral

The Chairman of the U.S. Commodity Futures Trading Commission (CFTC) stated on CNBC live broadcast that Bitcoin can currently be used as collateral. -Original

  1. Spot gold briefly jumps $16, currently at $4,205.23 per ounce

As the Fed’s rate cut occurs as expected, spot gold rises briefly by $16, now at $4,205.23 per ounce. -Original

  1. Japan’s Financial Services Agency plans to include crypto assets under the “Financial Instruments and Exchange Act” supervision

Japan’s Financial Services Agency released a report planning to transfer the regulatory basis for crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act. The new framework requires enhanced IEO disclosures, with project teams needing to disclose identities and token distribution modes. Regulators will strengthen crackdowns on unregistered platforms and prohibit insider trading. Additionally, the Japanese government is considering a unified 20% tax rate on crypto trading profits. The FSA remains cautious about overseas crypto ETF derivatives licenses. -Original

The above are the hot topics selected within the past 24 hours. For faster news, please download AiCoin()

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· 12-11 00:22
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