1. Cryptocurrency 'Black Thursday': What Caused It and What Lies Ahead?
At 3 AM, the Federal Reserve announced its interest rate decision, cutting rates by 25 basis points. Subsequently, Fed Chairman Powell held a monetary policy press conference at 3:30 AM. Although altcoins had rebounded after the previous three FOMC meetings, the market faced a 'Black Thursday' after the Fed officially announced a 25 basis point rate cut, with Bitcoin dropping below $100,000 and altcoins plummeting by 20% across the board. What caused 'Black Thursday'? What is the future trend of Federal Reserve policies? How do industry insiders view the current market situation? Click to read
2. The Cryptocurrency Landscape of the Trump Administration
The day of Trump's official inauguration is getting closer. He has also nominated cabinet members for his favored new administration. Undoubtedly, Trump and some of the cabinet members he nominated are cryptocurrency-friendly individuals. Thanks to the cryptocurrency-friendly policies of the Trump administration, combined with the U.S. interest rate cuts, the cryptocurrency industry has officially welcomed a bull market. For instance, with projects closely tied to the Trump family, WLIF has continuously purchased tokens like AAVE, LINK, and ENA, which have all seen considerable increases. Click to read
3. Outlook for 2025: Make DeFi Great Again
World Liberty Financial, founded by the Trump family and top figures in the cryptocurrency industry, is gradually influencing the direction of the industry. Their recent token purchases have also driven up prices in the secondary market. After Trump's victory, key favorable cryptocurrency policies in the short term include: establishing a Bitcoin strategic reserve in the U.S., legalizing cryptocurrencies, and supporting debt plans through the issuance of ETFs. Click to read
4. Is the Federal Reserve Not Allowed to Hold Bitcoin?
Overnight this morning, the Federal Reserve's December interest rate meeting concluded as expected. The result met market expectations, continuing to cut rates by 25bp. This result exceeded previous speculation that the Fed might stop cutting rates. Since the second half of 2024, the Federal Reserve has cumulatively cut rates three times, totaling 100bp or 1%, lowering the U.S. federal rate from 5.5% to 4.5%. Click to read
5. FTX Launches Compensation Plan: Can the Former Black Swan Find a Turnaround?
The once third-largest cryptocurrency exchange, FTX, announced that it will launch a customer compensation plan in early 2025. The past black swan event of FTX continues to impact the cryptocurrency industry, exposing financial crises and market risks that have profoundly altered the industry's landscape. Today, we will review the rise and fall of FTX and analyze how it faces the challenges of revival. Click to read