#news_update A summary of today's major events is as follows:
1、Yesterday, Grayscale GBTC experienced a net outflow of $35.9 million, and ETHE experienced a net outflow of $49.2 million.
2、In the past 24 hours, the entire network experienced liquidations worth $656 million, with the largest number of long positions liquidated, BTC and ETH each experienced liquidations worth more than $100 million.
3、Fed Chairman Powell: (When asked about Bitcoin reserves) We are not allowed to have Bitcoin, and we do not want to change the law.
4、Fed Chairman Powell: (In remarks adding about interest rate adjustments) the words about “size and timing” suggest that we are at or near the moment to slow down interest rate cuts.
Fed Chair Powell: Today's interest rate decision is a pretty tough choice.
Fed Chair Powell: If inflation can't move sustainably toward 2%, policy withdrawal could be slower.
Fed Chair Powell: November core PCE may rise 2.8%
Fed Chair Powell: Overall economic performance strong, inflation moving closer to 2% target
5、Analyst: There are serious differences within the Fed on the neutral interest rate level
6、US interest rate futures prices estimate the probability of the Fed keeping interest rates unchanged in January at more than 90%
7、The Fed concluded its 2024 annual interest rate decision, deciding to lower its benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking its third consecutive cut, in line with expectations.
8、A new address withdrew 687,000 PENDLE from Binance for staking, worth $4.26 million
9、Plume completes $20 million round A funding
10、2957 BTC and 7572 ETH moved from Cumberland to Coinbase Institutional
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