Musk Concept Meme Coin Marvin Completes $1 Million Funding, Crypto Labs Leads Investment, Marvin Bottoming Out Can Be Appropriately Focused On https://www.chaincatcher.com/article/2155991

U.S. data on Friday showed that non-farm payrolls in November were 227,000, higher than the expected value of 200,000, and the previous value was revised from 12,000 to 36,000. The unemployment rate in November was 4.2%, in line with expectations and higher than the previous value of 4.10%. The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 85%, compared with 67% before the release of the employment report. The three major U.S. stock indexes all hit record highs this week.
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Trump appointed PayPal co-founder David Sacks as the "White House Artificial Intelligence and Cryptocurrency Affairs Director". David will formulate policies for the current US government in the fields of artificial intelligence and cryptocurrency, both of which are critical to the future economy of the United States. In his appointment letter to David Sacks, Trump stated that Sacks will work to establish a legal framework that will give the cryptocurrency industry the clarity it has always demanded and enable it to thrive in the United States. Analysis pointed out that David Sacks is expected to help lead the way in achieving Trump's campaign promise to relax regulation of the cryptocurrency industry. This position is expected to provide cryptocurrency advocates with a direct channel to the White House and serve as a liaison between Trump, Congress, and federal agencies related to digital assets, including the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. Andrei Grachev, co-founder of DWF Labs, said that AI agents and DeSci seem to be the next hot topics, both of which are aligned with the global AI/technology FOMO. On December 6, the MtGox address sent 3,619 BTC to two addresses. Mizuho Securities strategist Shoki Omori pointed out that if BTC is to rise further from here, other cryptocurrencies should catch up first, and the altcoin market may make up for the rise. Analyst Armando Pantoja predicts that retail investors will return to the cryptocurrency market. Retail investors have been absent from the crypto market for two years and will re-engage in it, especially Musk is good at subtly hinting his love for DOGE, and Musk's behavior usually becomes a catalyst for the market.