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no_data1Bitget Daily Digest (Dec. 11)｜The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days
Flash
- 17:52US Commerce Secretary predicts 6% economic growth rate during Trump's administration, criticizes Powell for maintaining high interest ratesJinse Finance reported that U.S. Secretary of Commerce Howard Lutnick once again criticized Federal Reserve Chairman Jerome Powell in an interview with CNBC, accusing him of keeping interest rates too high. Lutnick stated, "Interest rates should be lower. Jay Powell acted too late, and maybe he's too afraid—too afraid to lead this $30 trillion global economy. We should be proactive, not timid, as if something bad is going to happen. We're doing well, greatness is happening. Our GDP has grown by 4%." At the same time, he also predicted that the economic growth rate during Trump's administration would reach 6%. "Lower interest rates and reduce energy consumption, and we can achieve economic growth and save America."
- 16:56Data: 90,300 SOL transferred from an anonymous address, routed through intermediaries and flowed into WintermuteAccording to ChainCatcher, Arkham data shows that at 00:36, 90,300 SOL (worth approximately $11.78 million) were transferred from an anonymous address (starting with HD1cEB...) to an exchange. Subsequently, the address transferred 18,400 SOL to Wintermute.
- 16:39JPMorgan issues Galaxy short-term bonds on the Solana networkChainCatcher news, according to Bloomberg, JPMorgan arranged, created, distributed, and settled a short-term bond for Galaxy Digital Holdings LP on the Solana blockchain, as part of efforts to use cryptocurrency underlying technology to improve financial market efficiency. This $50 million US commercial paper was purchased by an exchange and asset management company Franklin Templeton, with payment made in USDC stablecoin issued by Circle Internet Group Inc., according to a statement from the relevant companies on Thursday. The redemption payment at maturity will also be made in USDC.
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