BTC breaks through $102,000
Mars Finance News: According to Coingecko data, BTC has broken through $102,000 and is now quoted at $102,021, a 24-hour increase of 2.04%.
Japanese lawmaker proposes creating national Bitcoin reserve
According to Decrypt, Japanese Senator Satoshi Hamada formally submitted a proposal to Congress on December 11 to discuss the establishment of a national Bitcoin reserve. This proposal echoes the global trend of promoting the establishment of Bitcoin reserves, including similar proposals in Russia, Brazil, Poland and the United States. As the price of Bitcoin broke through its all-time high of $103,000 this month, discussions on establishing a national Bitcoin reserve have gained support in many countries. Congressman Satoshi Hamada believes that Bitcoin reserves can help meet global economic challenges and protect national assets.
Pantera Capital founder: Cryptocurrency remains largely unexplored by institutional investors
According to Mars Finance, Dan Morehead, founder and managing partner of Pantera Capital, said that cryptocurrency is an emerging asset class that has largely remained undeveloped by institutional investors. He remains optimistic about the long-term development trend of the cryptocurrency market.
BlackRock’s spot Ethereum ETF snaps 16-day streak of inflows, with $1.5 billion since Nov. 20
Mars Finance News, according to Decrypt, BlackRock's spot Ethereum ETF ended its 16-day streak of inflows, with $1.5 billion flowing in since November 20.
The total amount of liquidation in the past 24 hours reached 251 million US dollars
According to ChainCatcher, the total amount of liquidation in the past 24 hours was $251 million, including $180 million for long orders and $70.606 million for short orders.
Among them, the BTC liquidation amount was 53.03 million US dollars, and the ETH liquidation amount was 48.77 million US dollars.
Viewpoint: Analysts are generally optimistic about the Christmas market, and Ethereum will reach $5,000 at the beginning of next year
According to Mars Finance, Mena Theodorou, co-founder of Coinstash, said in a report this week that Bitcoin's record "has inspired traders' hopes for a continuation of the altcoin season and a potential Christmas rebound." According to CoinGecko data, cryptocurrencies have risen around Christmas in eight of the past 10 years. In addition, Nexo analyst Liya Kalchev predicts that the price of Ethereum should reach $5,000 by early 2025.
Citi: The US economic outlook next year is not ideal, and the Federal Reserve is expected to cut interest rates aggressively
According to Mars Finance, a team of Citi economists led by Andrew Hollenhorst expects that US companies will shift from reducing hiring to outright layoffs in 2025. This, in turn, will lead to a pullback in consumer spending and business investment. At the same time, they expect that a loose labor market will reduce inflationary pressures in the service industry, and weak global conditions will curb commodity prices. This will lead to aggressive action by the Federal Reserve - it is expected to cut interest rates by 25 basis points at each meeting before July next year, bringing the federal funds rate to between 3% and 3.25%. This is far below market expectations, which expect the federal funds rate to be around 4% by then. (Jinshi)
Former New York Fed President: Powell may need to respond positively to the impact of Trump's policies next week
According to Mars Finance News, on December 13, according to Jinshi, former New York Fed President Dudley issued an article stating that Fed Chairman Powell will have to respond head-on to the impact of Trump’s policies on monetary policy at next week’s interest rate meeting. Four conditions must be met for the Fed to consider policy changes: the policy change is highly likely, it will have a significant impact on the economy, the policy content is clear, and financial markets have begun to anticipate it. Based on this, the Federal Reserve may include the extension of the 2017 tax cut policy into its forecast, but will not consider the uncertain impact of tariffs and immigration policies for the time being. The latest Summary of Economic Projections (SEP) is expected to show: The economic outlook for 2025-2026 is slightly stronger than in September, reflecting continued economic momentum and higher productivity growth; the rate cut may narrow to 50-75 basis points in 2025 (previously expected to be 100 basis points); the neutral interest rate may rise to 3% or higher, but lower than futures market expectations; inflation is expected to fall back to the 2% target in 2026. Dudley stressed that once Trump's tariffs and immigration policies become the focus, the economic outlook may turn pessimistic.
Memecoin is the real GameFi success of this cycle
This article explores the phenomenon of gamification in cryptocurrency trading, and in particular the rise of Memecoins. While the original GameFi project failed to attract a large number of users, Memecoins became a popular trading game through their simple rules and social nature. Instead of relying on technical analysis, they attract players through meme culture and market fluctuations. Although Memecoins do not dominate the market, they have brought vitality to the blockchain ecosystem and attracted tens of millions of users. However, most people still believe in the future potential of crypto technology rather than just participating in speculative trading of Memecoins.
Top 10 AI Agent Tokens to Watch in This Bull Market
This article introduces the top ten popular AI agent tokens and meme coins that provide opportunities to invest in the AI agent field. Although these investments are risky, their potential is huge. The article describes in detail the characteristics and market performance of each token, including Goatseus Maximus, Zerebro, Virtuals, etc. Each token has its own unique functions and application scenarios, such as governance rights, creativity injection, gamification experiments, etc. Although some tokens have not yet become practical, the technology and market strategies behind them have attracted widespread attention.
Why Tech Giants Like Amazon Might Not Be Reluctant to Buy Bitcoin With Cash
Big tech companies like Amazon and Microsoft face reduced purchasing power from currency depreciation. The National Center for Public Policy Research (NCPPR) proposes the adoption of Bitcoin as a solution to combat inflation. Although Microsoft shareholders rejected the proposal, Amazon may consider this strategy in 2025. Amazon is known for its innovation and risk tolerance, but volatility and environmental concerns about holding Bitcoin could impact its decision. Shareholders need to find a balance between speculative assets and core business investments.
