Despite the Federal Reserve's recent three consecutive rate cuts, Beth Hammack, president of the Cleveland branch of the Federal Reserve, believes that there is no need to adjust interest rates again in the coming months. She emphasized that inflationary pressures remain the primary challenge at present, and the Federal Reserve should pause its actions and wait for clearer data guidance. These remarks were made during an interview with The Wall Street Journal and on a podcast, indicating her hawkish stance on monetary policy.
Don't rush to adjust! Hamak expects no change in the interest rate before spring.
Harmack stated that the current Federal Reserve benchmark interest rate is between 3.5% and 3.75%, and she believes this range is appropriate under the current economic conditions. She candidly mentioned that there is no need to adjust the interest rate at least until spring, when it will be clearer to observe whether inflation is showing a sustained downward trend, especially after the Trump administration's tariff policies are gradually digested into the supply chain.

In the past world, hard work, education, and stable jobs were reliable ladders to the middle class. However, for today's Generation Z and millennials, this path is rapidly collapsing: soaring student loans, stagnant wages, shrinking job opportunities, and housing prices far exceeding incomes have made the notion that "following the steps can lead to upward mobility" a lie that can no longer deceive young people.
As a result, young people are turning their attention to high-risk markets such as cryptocurrency, prediction markets, and sports betting, adapting to the era of "Financial Nihilism (Financial Nihilism)."
The ineffective formula for success: hard work can no longer guarantee one's future.
According to a report by the WSJ, post-war America once created a predictable life script: go to college, find a stable job, buy a house, start a family, and enable upward mobility; however, this model is now completely collapsing.
First, student loans from 2004 were 3

The German listed company Northern Data sold its Bitcoin mining division Peak Mining in November last year, with the buyer being a British Virgin Islands company controlled by Tether executives, for an amount of approximately 200 million USD. This move marks Tether's integration of its Bitcoin mining business into its own holding company, which is interconnected with its major shareholder position in Rumble.

After years of political maneuvering and national security controversies, the future of the short video platform TikTok in the United States has finally been settled. According to reports from the Associated Press, TikTok has signed a legally binding agreement with Oracle, Silver Lake, and the Mubadala Investment Company to establish a new TikTok U.S. joint venture through the sale of a portion of its shares, ensuring that the platform can continue to operate in the U.S. Notably, the restructured TikTok will establish a new board of directors consisting of seven members, most of whom are U.S. citizens, to implement commitments to protect the personal data of American citizens and national security; at the same time, the platform's core video recommendation Algorithm will also be adjusted to ensure that content delivery is not manipulated by any external forces.
TikTok CEO Zhou Shouzi issued a memo to employees confirming the protocol.
Associated Press

As the United States continues to tighten export restrictions on high-end AI chips to China, large Chinese tech companies have not stopped their demand for advanced processors. Recently, it was revealed that Tencent has indirectly obtained the NVIDIA Blackwell series chips, which are originally prohibited from being exported to China, through "Computing Power leasing" from Japanese operators, raising concerns from the outside.
Export restrictions tighten, AI Computing Power gap emerges
Against the backdrop of the United States continuing to tighten export controls on high-end AI chips, the Chinese AI industry is facing a significant shortage of high-performance computing resources.
Despite the government's active promotion of the local AI chip supply chain construction, the relevant performance still struggles to fully replace NVIDIA's high-end GPUs in the training demands of large, cutting-edge models. In this situation, major Chinese tech companies, including Tencent, are beginning to look for alternatives that do not involve the import of physical chips.

At the Solana Annual Developer Conference Breakpoint 2025, several key technological and application advancements in the ecosystem were officially unveiled. Researcher Haotien summarized five major observations, pointing out that Solana's current upgrade did not bet on a single breakthrough but instead simultaneously improved its underlying architecture, cost structure, stablecoin, and Decentralized Finance.

The American online sports betting operator DraftKings recently launched a new app "DraftKings Predictions," allowing users to trade prediction contracts for sports events and financial events through a prediction market, thus complementing DraftKings' existing sports betting product line. However, after the product was launched, it immediately sparked mixed reviews in the market and among the community.
New prediction market app, participate in both sports events and financial events.
DraftKings stated that DraftKings Predictions is not a traditional sports betting platform, but rather allows users to buy and sell "contracts linked to event outcomes," such as whether a specific sports event will result in a certain outcome, or whether a particular financial event will occur.
The initial trading targets of the app are primarily sports events and financial events, with plans to expand to cultural issues in the future.

After Trump's inauguration, new rules supporting the encryption industry were introduced, and billions of dollars in institutional capital originally hoped to push Crypto Assets from the margins into the mainstream. However, this year has revealed the brutal nature of Crypto Assets, where even those professionals skilled at profiting from market fluctuations have found it difficult to survive. Crypto Assets hedge funds have had a tough year, with directional funds falling by 2.5%, while fundamental strategies and altcoin-focused strategies have dropped by about 23% as of November.
Crypto hedge funds are expected to perform poorly in 2025.
According to data from Crypto Insights Group, as of November, directional funds aimed at profiting from the significant price fluctuations of Bitcoin and other major Crypto Assets have fallen by 2.5%, expected to record the worst performance since the winter of 2022, when many funds dropped by 30% or more. Meanwhile, those adopting...

The US stock market saw a surge in trading volume on the triple witching day, with the S&P 500 index rising, led by Nvidia. The price of Bitcoin remains around 88K, with market sentiment slightly improving, but facing volatility from option expirations. The traditional "Santa Claus rally" may be on the way, and investors remain optimistic about the market.

In the crypto assets market, stories of young trading prodigies becoming wealthy overnight only to quickly fall from grace are common. However, 25-year-old trader Vida deliberately distances himself from such narratives. He openly states that he has never considered himself a trading genius, nor does he stake his life on a lone hero-style high-leverage gamble.
People in the coin circle often do not regard money as money, and Vida always has a sense of awe towards money.
Vida positions himself as an entrepreneur and operator of a proprietary trading firm, rather than an independent trader working alone. He emphasizes that those who can truly survive in the market for the long term, and even reach the level of top players worth hundreds of millions of dollars, mostly rely on teamwork, information collaboration, and pack tactics, rather than individual heroism. He states bluntly: the market likes stories of striking it rich overnight, but reality often does not operate that way.
In his view, traders who can withstand severe fluctuations often reach a stage in life where they do not consider money as

The publicly listed company AlphaTON Capital announced a $30 million investment in the defense startup Anduril, but founder Palmer Luckey denied that it was an investor and accused it of fraudulent behavior. Subsequently, AlphaTON canceled the investment plan, and Luckey and Anduril's co-founder stated that AlphaTON actually did not hold any shares and called for an investigation.

As the overall performance of the crypto assets market remains relatively subdued, the governance dynamics of the decentralized exchange Unification have become the focus of funding attention. An important governance proposal regarding protocol fees and the introduction of a token burning mechanism has officially entered the on-chain voting phase, with the native token UNI of Uniswap experiencing a significant price increase of about 19% within 24 hours, outperforming major market assets.
UNI price skyrocketed, with a daily pump of about 19%.
According to the data from the Uniswap governance platform, this vote officially started at 03:50 UTC on December 20. Shortly after the voting began, the price of UNI showed a significant pump. From the daily chart of UNI against the US dollar on TradingView, the strongest price surge concentrated in the first few hours after the voting window opened, with the price quickly breaking through the previous level of about 5.4.

Malaysia is actively promoting financial digitalization and innovation, and the collaboration between enterprises and international banks is gradually becoming an important driving force for the upgrade of Malaysia's financial infrastructure. Capital A and Standard Chartered Bank Malaysia recently signed a memorandum of understanding, under which both parties will explore the development and testing of a stablecoin pegged to the Malaysian Ringgit (MYR Stablecoin) within the framework of the Digital Asset Innovation Hub (DAIH) under Bank Negara Malaysia, laying the foundation for the next phase of innovation in the local and regional financial systems.
Capital A is actively expanding into the financial sector starting from low-cost airlines.
This collaboration symbolizes Capital A's first large-scale entry into the regulated digital asset space. As a cross-industry group that started in the aviation industry and has been actively expanding into fintech, logistics, and digital services in recent years, Capital A will leverage its vast corporate ecosystem.

Japanese version of MicroStrategy Metaplanet announced the establishment of Sponsored Level I ADR ( American Depositary Receipts ) plan, with Deutsche Bank Trust Company Americas serving as the depositary bank, and starting on 12/19, it will be traded in USD on the US OTC market, with the stock symbol MPJPY. Metaplanet's stock price has dropped from a historic high of 1,930 yen in June to around 400 yen, and has not bought Bitcoin since 9/30, indicating difficulties in fundraising. Whether the issuance of ADR will effectively attract more US investors' funds to pump its sluggish stock price remains to be seen, as its mNAV ( current stock price and its value of Bitcoin held have been hovering around 1 for a long time.
Japanese version MicroStrategy Metaplanet issuance ADR

The Federal Reserve has issued a request for information, planning to develop a new type of payment account aimed at supporting Crypto companies and FinTech innovation, providing direct access to the Federal Reserve's payment system. This reform aims to lower regulatory barriers, promote the development of Crypto startups and banks, and enhance the security of the payment system. Public feedback will be solicited for 45 days.