Fasanara Capital Acquires 6,569 ETH and Borrows $13M USDC via Morpho
Fasanara Capital bought 6,569 ETH within two days and deposited the tokens into the Morpho protocol. Following this, it borrowed 13 million USDC, which might be used to finance more Ethereum acquisitions. This activity was revealed by Lookonchain, indicating strategic leverage usage by the fund.
USDC Treasury Burns 50 Million USDC Tokens on Ethereum Blockchain
The USDC Treasury executed a burn of 50 million USDC tokens on the Ethereum blockchain, as reported by Whale Alert via BlockBeats. Token burning reduces the circulating supply of USDC, potentially affecting its market dynamics. This action might signal operational adjustments or strategic treasury management by the issuer.
U.S. Treasury Secretary Proposes Flexible Inflation Target Range for Federal Reserve
U.S. Treasury Secretary Besent has suggested reevaluating the Federal Reserve's long-standing 2% inflation target. The proposed adjustment involves possibly adopting a target range between 1%-3% rather than a fixed 2%. This change is intended to offer greater flexibility in responding to economic and inflationary challenges.
Federal Reserve Avoids Confrontation with Trump Administration to Preserve Independence
The Federal Reserve regional presidents adopted a strategy of restraint in a secret spring meeting to avoid direct conflict with the Trump administration. This approach helped the institution maintain its rate-setting independence amid pressure from President Trump. Analysts believe that open opposition to Trump's calls for rate cuts could have escalated tensions, risking board member dismissals including that of Chairman Jerome Powell.
Fasanara Capital Boosts Ethereum Holdings Using DeFi Leverage
Fasanara Capital recently purchased 6,569 ETH worth $19.72 million and deposited the tokens into the Morpho protocol. The firm then borrowed $13 million USDC to acquire more Ethereum, showing a strategic use of decentralized finance platforms. This reflects Fasanara Capital’s active and leveraged approach to increasing its crypto exposure.
[IMPORTANT] Galaxy Digital Researcher Forecasts Bitcoin at $250K by 2027 Despite Near-Term Volati...
A Galaxy Digital executive predicts Bitcoin could reach $250,000 by the end of 2027 despite anticipated market turbulence through 2026. Current options markets show wide price ranges for Bitcoin, reflecting uncertainty with possible outcomes between $50,000 and $250,000 by year-end 2026. The report highlights Bitcoin's maturation as an institutional asset and its growing appeal as a monetary debasement hedge amid evolving macroeconomic conditions.
[IMPORTANT] Strategy CEO Phong Le Foresees Positive Bitcoin Outlook for 2026 Amid Evolving Macro ...
Strategy CEO Phong Le highlighted Bitcoin’s unique position as an innovative asset class influenced by both technological and macroeconomic factors. He noted that Bitcoin's short-term price remains volatile due to liquidity and risk appetite changes but emphasized its long-term value proposition requires time for full market recognition. Looking toward 2026, Le expressed cautious optimism due to a potentially dovish Federal Reserve, a rebound in risk appetite linked to the election cycle, and ongoing adoption by banks and nation-states.
[IMPORTANT] Amplify ETFs Expands Crypto Offerings with New Stablecoin and Tokenization ETFs
Amplify ETFs launched two new ETFs focused on stablecoin technology and asset tokenization, aiming to provide investors targeted exposure to these emerging sectors. The Stablecoin Technology ETF (STBQ) and Tokenization Technology ETF (TKNQ) invest in companies and crypto assets linked to payments, infrastructure, and real-world asset digitization. These launches coincide with growing regulatory clarity and increasing institutional adoption in digital finance infrastructure.
Trump Highlights Surprising 4.3% Q3 GDP Growth, Claims Best Economic Phase Ahead
US President Trump praised the unexpected strong 4.3% GDP growth for Q3, outperforming economist forecasts. He credited his administration's governance, tax reforms, and tariff policies for boosting consumer spending, exports, and investment while controlling inflation. Trump expressed optimism that the economic recovery will continue and improve further in coming periods.
[IMPORTANT] Fasanara Capital Acquires Over 6,500 ETH Worth Nearly $20 Million, Borrows $13 Millio...
Fasanara Capital has bought 6,569 ETH, valued at around $19.72 million, in the last two days, according to on-chain data from Lookonchain. The firm deposited this ETH into the Morpho protocol and additionally borrowed $13 million USDC to increase their ETH holdings further. This move signals a strong institutional interest in Ethereum using leverage through DeFi platforms.
The Washington Post Uncovers Federal Reserve's Strategic Compromise in Response to Trump Pressure
The Washington Post reports that the Federal Reserve held a secret meeting in Philadelphia to strategize avoiding public clashes with President Trump amid his criticism. The Fed leadership chose to defend its independence by adopting a cautious approach toward rate decisions and public responses. Analysts suggest this strategy may have prevented harsher repercussions, such as further attempts by Trump to remove Fed governors.
US Treasury Highlights Massive Tax Refunds in Early 2026 Ahead of Midterms
The US Treasury Secretary Scott Bessant announced that the first quarter of 2026 could see substantial tax refunds for American households, with estimates ranging from $1,000 to $2,000 per household, totaling $100B to $150B overall. These refunds are expected to provide a cash injection that may boost economic activity in Q1 and Q2 of 2026, coinciding with the upcoming midterm elections. Former President Trump emphasized significant tax cuts potentially allowing families to save $11K to $20K annually, describing 2026 as a landmark year for tax relief.
The U.S. Consumer Confidence Index for December was reported at 89.1, which is lower than the expected 91. This marks a modest increase from the previous value of 88.7. The data suggests some cautious sentiment among consumers heading into the new year.
ClickUp Expands AI Programming Reach with Acquisition of Codegen Amid Sector Consolidation
ClickUp, an enterprise software company valued at $4 billion, has acquired AI programming startup Codegen. This deal is part of a broader consolidation trend in the AI programming industry, following recent acquisitions by tech giants like Google, Anthropic, and Cursor. The increasing frequency of mergers highlights growing competition and strategic positioning in the AI development tools space.
Crypto Whale Endures $55M Unrealized Losses Across BTC, ETH, and SOL Holdings
A major crypto whale known as BTC OG is facing significant unrealized losses totaling $55 million in long positions on Bitcoin, Ethereum, and Solana. The largest position is in Ethereum, with a $46.36 million unrealized loss on $592 million invested. Smaller but notable losses are also reported in Bitcoin and Solana positions, amounting to $4.45 million and $3.73 million respectively.
[IMPORTANT] Secret Contract Reveals Javier Milei’s Hiring of Hayden Davis as Blockchain Advisor A...
Argentinian president Javier Milei secretly hired Hayden Davis, co-creator of Libra, under an undisclosed contract to advise on blockchain technology before the token’s launch. Reports reveal Davis transferred nearly $5.7 million from his wallets through intermediaries around the project’s launch date, while Milei has not disclosed his dealings with crypto lobbyists involved in the agreement. Meanwhile, a U.S. judge denied restrictions on Libra-linked funds as a new trust site promising fund distribution to Argentinian startups emerged amid ongoing controversy.
Bybit to Cease Services in Japan Amid Regulatory Pressure from FSA
Bybit announced it will stop providing services to Japanese residents by January, responding to persistent demands from Japan's Financial Services Agency (FSA). The exchange has been gradually withdrawing, including removing its app from Japanese stores and suspending new account registrations. Notably, Bybit warns that accounts identified as Japanese residents after January 2026 will face restrictions, paralleling a regulatory trend that previously affected Binance and other crypto platforms.
[IMPORTANT] Chinese-Language Crypto Black-Market on Telegram Hits Record Scale with $2 Billion Mo...
A report by WIRED reveals that a Chinese-language crypto black-market on Telegram has expanded to an unprecedented size. Elliptic estimates that this ecosystem, including platforms like 'Tudou Guarantee' and 'New Coin Guarantee,' handles nearly $2 billion monthly in money laundering and scam-related activities. The scale of these operations highlights significant regulatory and security challenges for the cryptocurrency space.
Phemex CEO Highlights Human Factors as Biggest Crypto Security Challenge Amid Rising Cybercrime
Federico Variola, CEO of Phemex, emphasizes that crypto security issues stem more from human behavior and social engineering than technological flaws. He warns that as crypto value grows, attackers—using advanced tools like AI—are becoming more sophisticated, targeting individuals more than systems. Variola advocates for heightened awareness across all organizational levels and evolving security strategies to address these social vulnerabilities and the complexities introduced by decentralization.
Bitcoin Exhibits Lower Volatility Than Nvidia and Tesla Stocks
Bitcoin's annualized price volatility has declined to 46%, now lower than that of Nvidia (79%) and Tesla (72%). This marks a significant shift as Bitcoin is increasingly seen as a more stable asset compared to high-profile tech stocks. Historically, Bitcoin's volatility was much higher, often surpassing 70% to 100%, especially during intense market cycles.