Important news on December 21:
1. Last night's PCE data was favorable, with the core PCE at only 0.1, down two points from last time's 0.3, indicating that the U.S. economy has no inflation, and traders are flocking
to increase their predictions for interest rate cuts
2. Trump’s crypto project WLFI increased its holdings by 759 coins
ETH, as monitored, with the market decline last night, the Trump crypto project World Liberty recently purchased ETH,
WBTC, AAVE, LINK, ENA, and ONDO are all at a loss, with total losses reaching 6.15 million dollars. The largest loss is ETH, totaling 4.86 million dollars. However, with today's market rise, his assets have also quickly rebounded
3. The Web3 Working Group of the Liberal Democratic Party of Japan's Digital Society Promotion Headquarters, led by Member of Parliament Akihisa Shiodaki, reported that the LDP's Administrative Investigation Committee officially approved on the 19th an urgent proposal (regarding the conversion of crypto assets into beneficial national economic assets), proposing a separate tax of 20%.
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