[Bitpush Daily News Selection] The probability of a 25 basis point Fed rate cut in December rises to 80%; Trump orders the launch of the "Genesis Mission" plan to vigorously promote the AI scientific research revolution; Fed's Daly: The job market may suddenly deteriorate, supports a rate cut in December; Bloomberg analyst: Bitcoin ETF shows signs of stabilization, IBIT short interest falls to a six-month low

Selected Web3 news by the Bitpush editor for you daily:

[Federal Reserve probability of a 25 basis point rate cut in December rises to 80%]

According to Bitpush, CME "FedWatch" data shows: the probability of the Federal Reserve cutting rates by 25 basis points in December is 82.9% (up from 69.4% yesterday), while the probability of keeping rates unchanged is 17.1%. The probability of a cumulative 25 basis point rate cut by January next year is 65.4%, the probability of keeping rates unchanged is 12.5%, and the probability of a cumulative 50 basis point rate cut is 22%.

[Trump orders launch of "Genesis Mission" plan to vigorously promote AI research revolution]

According to Bitpush, the White House announced that President Trump has signed an executive order related to artificial intelligence research: the "Genesis Mission," aimed at accelerating innovation in artificial intelligence and instructing the construction of AI platforms to leverage federal scientific datasets. Michael Kratsios, Director of the White House Office of Science and Technology Policy, called it "the largest integration of federal research resources since the Apollo Program." He stated that the plan is expected to accelerate breakthroughs in fields such as medicine, energy production, and engineering.

Energy Secretary Wright emphasized that artificial intelligence will be used to analyze the vast datasets held by its 17 national laboratories and promised to "significantly increase the speed of scientific discovery and innovation." According to the executive order, agencies are required to make datasets more compatible with AI tools such as neural networks, and government-held research data and federal computing infrastructure will be opened to university researchers, private enterprises, and national security personnel.

[Federal Reserve's Daly: Job market may suddenly deteriorate, supports rate cut in December]

According to Bitpush and the Wall Street Journal, Mary Daly, President of the Federal Reserve Bank of San Francisco and 2027 FOMC voting member, stated that she supports a rate cut next month because she believes the likelihood of a sudden deterioration in the job market is greater and harder to control than a sudden surge in inflation. In an interview on Monday, she said: "In the labor market, I am not confident we can stay ahead. The labor market is now fragile enough that the risk is of nonlinear changes." She added that, by contrast, the risk of an inflation breakout is lower, as tariff-driven cost increases have been milder than expected earlier this year.

Daly's views are noteworthy. Although she does not have a vote on monetary policy this year, she rarely publicly disagrees with Federal Reserve Chair Powell. At the December 9-10 meeting, Daly may play a key role in resolving internal disagreements within the rate-setting committee over whether to cut rates or pause hikes.

[Bloomberg analyst: Bitcoin ETF shows stabilization signals, IBIT short interest drops to six-month low]

According to Bitpush, positive signals have recently emerged in the bitcoin market. Bloomberg analyst Eric Balchunas revealed that short interest in BlackRock's spot bitcoin ETF (IBIT) has plummeted to its lowest level since April, indicating that bears are closing positions on a large scale. Although global crypto ETPs saw a net outflow of $1.9 billions last week, with US bitcoin ETFs accounting for $1.2 billions, there are signs of a turnaround: Friday saw the first net inflow in a week, bitcoin is currently trading at $88,600, and analysts note that long-term holders are taking the opportunity to accumulate.

Balchunas emphasized that bitcoin has a "100% recovery record," rebounding by more than 50% within just two months after the sharp drop in April. The current market is in a thinly traded consolidation phase, with traders expecting a range-bound movement between $85,000 and $90,000.

[Franklin Templeton launches XRP ETF on NYSE Arca]

According to Bitpush, Franklin Templeton launched its XRP exchange-traded fund (ETF) — the Franklin XRP Trust (XRPZ) — on the NYSE Arca platform on Monday, providing investors with a regulated channel to trade XRP tokens. This move marks one of Wall Street's oldest institutions officially joining the growing ranks of XRP fund issuers, a field that already includes companies such as Bitwise, Grayscale, and Canary Capital.

This launch expands Franklin Templeton's cryptocurrency product line. The company currently manages ETFs linked to bitcoin (EZBC), ethereum (EZET), XRP (XRPZ), and its diversified digital asset fund (EZPZ), allowing traditional investors to access a broader range of crypto assets without self-custody.

[Citi: Maintains bitcoin target of $181,000 within 12 months]

According to Bitpush, Citi analyst Alex Saunders pointed out that $80,000 is a key level for bitcoin ETF holders and stated that regulatory breakthroughs next year may restore demand. Therefore, the bank maintains its 12-month target price for bitcoin at $181,000. Alex Saunders said that interest has not disappeared, but long-term holders remain cautious, while newcomers believe there is little reason to get involved when bitcoin is trading below key technical levels.