Important News on December 21:
1. Last night's PCE data was favorable, with core PCE at 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, as the market fell last night, Trump's crypto project World Liberty recently purchased ETH, WBTC, AAVE, LINK, ENA, and ONDO, all of which are currently at a loss, totaling a loss of $6.15 million. The largest loss is in ETH, totaling $4.86 million. However, with today's market rise, his assets have also rebounded quickly.
3. The Web3 working group of the Liberal Democratic Party of Japan's Digital Society Promotion Headquarters, led by member Akihisa Shiozaki, reported that the party's Political Research Council officially approved the 'Emergency Proposal on Transforming Crypto Assets into Beneficial Economic Assets for the Nation' on the 19th, proposing a separate tax of 20%.