1. The Bank of Korea (BOK) hinted at further rate cuts to keep the economy stable. The Bank of Korea (BOK) is ready to cut rates again in 2025, citing tough trade conditions, political drama and inflation headaches.
2. According to reports, the Russian Central Bank is establishing a monitoring system to deal with illegal cryptocurrency over-the-counter trading platforms and improper legal currency swaps
3. Nearly one-third of South Koreans (over 15.59 million) hold cryptocurrencies and actively participate in them, with assets worth $79B
4. The People's Bank of China injected RMB 192.3 billion through 7-day reverse repurchase, with an interest rate of 1.50%
5. Coinbase is growing rapidly, with a trading volume of $119B last week #coinbase and a daily trading volume of $20B, a 164% increase from the previous week. It seems that the retail industry is waking up and the market is heating up rapidly (Figure 1)
6. FLOKI is bringing meme coins into the mainstream. European exchange-traded products are coming soon. If approved, $FLOKI will become the only meme coin with institutional products in Europe, along with $DOGE. It is reported that the Ministry of Finance vote will end on December 27.
7. According to BI, 41% of Americans say that achieving the American Dream was once possible.
But that is no longer possible. This is especially true for younger Americans, with 18- to 29-year-olds most likely to say the American Dream will never be achieved, while only 39% say it is still possible.
8. If a certain country does not take the initiative to provoke, the most difficult period of the US's economic suppression has passed. In the world GDP ranking in 2024 (estimated value), the US is far ahead of a certain country. Now their total GDP is only 64% of that of the US, and their per capita GDP is only 15% of that of the US.
Historically, the GDP of the former Soviet Union and Japan reached 70% of that of the United States, but that was the peak. Of course, there is also the saying of the 70% curse.
I hope that a certain country will not engage in street-swearing trade negotiations, but should present facts and reason, and the United States will eventually stop the trade war. What I am most worried about now is that the gap between a certain country's research and development capabilities and those of the United States is getting bigger and bigger. Without a market for ideas and without letting a hundred flowers bloom, where will technological innovation come from?
9. Where are we with Bitcoin $BTC? If the cycle still exists, when the fair value indicator reaches more than 1 standard deviation, it means that #BTC☀️ has reached a relatively high point in this round (Figure 2)
10. About the total market value of cryptocurrencies #crypto #altcoins When the arrow reaches +2 standard deviations above the benchmark, it means that the overall market is overheated. If the cycle still exists, it will be the beginning of exit (Figure 3)
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