2023-12-18, Monday, Daily News (Selected)
【Policy News】
1. The probability that the Fed will not raise interest rates next time is 89.7% (next decision time: February 1, 2024, 3:00 a.m.)
2. US lawmakers slammed the SEC and the chairman for refusing to provide clear regulation for the crypto industry
3. The Palau Ministry of Finance officially launched the second phase of the Palau Stablecoin Pilot Program
4. Brazilian President has signed a cryptocurrency tax bill
【Macro News】
1. Important data this week: Tuesday: Bank of Japan interest rate decision. Thursday: Final value of the annualized quarterly rate of the US core PCE price index in the third quarter. Friday: US core PCE price index annual rate in November.
2. Fed's Williams: It is too early to consider a rate cut in March next year. Bostic: Two 25 basis point rate cuts are expected in 2024, with the first one taking place "sometime" in the third quarter, provided that progress in inflation expectations continues.
3. Egyptian sources said Israel and Hamas are open to a renewed ceasefire. The Russian Foreign Minister said that several Western leaders have contacted him about potential negotiations to end the Russian-Ukrainian conflict.
4. Merchant ships in the Red Sea are frequently attacked, and many countries have shot down drones in the Red Sea. Analysts say the spillover of the Israeli-Palestinian conflict has affected international shipping.
【Coin Circle News】
1. Data: The total market value of cryptocurrencies is currently $1.648 trillion, the number of Bitcoin Lightning Network nodes is 14,634, and the number of unconfirmed transactions on the entire Bitcoin network is as high as 272,581.
2. Data: 1INCH, NYM, EUL, and ID tokens will be unlocked from December 18 to 24, with a total value of over $60 million
3. Data: Ethereum L2 TVL reached 16.03 billion US dollars, and Starknet bridge TVL reached 846,100 ETH.
4. VanEck CEO: US SEC will approve all spot Bitcoin ETF applications at the same time
5. The total issuance of PayPal's USD stablecoin PYUSD exceeds 230 million
6. MultiBit: MultiBit NFT cross-chain bridge between Bitcoin and Ethereum will be ready within a week
7. Arbitrum ecosystem game Layer3 Xai posted on the social platform ai_ dr_p soon., which may imply that the airdrop will come soon.
8. FTX debtors submit restructuring plan, Bahamas Supreme Court appoints FTX Digital Markets official liquidator
Greed and Fear Index: 65 (mildly greedy)
Nine Gods Index (Ahr999): 0.86 (fixed investment range)