Important News on December 21:
1. Last night's PCE data was favorable; the core PCE was only 0.1, down two points from last time's 0.3, indicating that the U.S. economy is not experiencing inflation. Traders have raised their predictions for the likelihood of interest rate cuts.
2. Trump's crypto project WLFI increased its holdings by 759 ETH. According to monitoring, with the market decline last night, Trump's crypto project World Liberty's recently purchased ETH, WBTC, AAVE, LINK, ENA, and ONDO are all at a loss, with total losses reaching $6.15 million. The largest loss was in ETH, amounting to $4.86 million. However, with today's market rise, his assets have quickly rebounded.
3. Japan's Liberal Democratic Party's Digital Society Promotion Headquarters Web3 Working Group, led by Congressman Akihisa Shirasaki, reported that the LDP's administrative investigation committee officially approved an "Emergency Proposal to Convert Crypto Assets into Beneficial National Economic Assets" on the 19th, proposing a 20% separate tax.
