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  • 17:43
    If bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $662 million.
    BlockBeats News, December 15, according to Coinglass data, if bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $662 million. Conversely, if bitcoin breaks above $89,000, the cumulative short liquidation intensity on major CEXs will be only $240 million. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
  • 17:42
    Anchorage Digital has acquired Securitize's RIA platform to expand its wealth management business.
    BlockBeats News, December 16, according to Coindesk, federally chartered crypto bank Anchorage Digital has acquired the "Securitize For Advisors" business unit from Securitize, bringing the crypto wealth management platform designed specifically for registered investment advisors under its umbrella. The financial details of the acquisition were not disclosed. This transaction formally establishes the existing partnership between the two companies. Anchorage Digital Bank had already been the custodian for 99% of Securitize For Advisors' client assets, and this business unit has always operated based on Anchorage's infrastructure.
  • 17:42
    CNBC: Hassett's Appointment as Fed Chair Interfered by Trump Loyalists
    BlockBeats News, December 15, according to CNBC citing sources, Kevin Hassett, once regarded by the market as a "quasi-candidate" for Federal Reserve Chair, has recently faced doubts from senior figures who can directly influence former President Trump’s decisions. The point of contention is: Hassett was initially seen as the strongest candidate to succeed current Chair Powell due to his close relationship with Trump, but now concerns have arisen for the same reason—being "too close to the President." This pressure may explain why candidate interviews were canceled in early December and then rescheduled (at least for Warsh, the interview was completed last week). Trump previously told reporters that he had decided on a candidate for Federal Reserve Chair, but in an interview with The Wall Street Journal on Friday, he stated that former Federal Reserve Governor Kevin Warsh and Hassett had both become final candidates, which surprised the market. The probability of Hassett’s election on the Kalshi prediction market dropped in response. "Both Kevins are excellent," Trump said. As of Monday, Hassett still led on the Kalshi platform with a 51% probability, but this was a sharp decline from over 80% earlier this month; Warsh’s probability rose from about 11% in early December to 44%. The current momentum is more about boosting Warsh rather than criticizing Hassett. JPMorgan CEO Jamie Dimon praised both candidates at an event on Thursday, but some of his remarks led the audience to believe he favored Warsh, the former Federal Reserve Governor.
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