Overview of Major Overnight Developments on December 1

21:00 (UTC+8) - 7:00 Keywords: Tether, Michael Saylor, Hassett 1. Goldman Sachs: A Federal Reserve rate cut in December is already a foregone conclusion; 2. In the past 24 hours, there has been a net outflow of 19,500 BTC from CEXs; 3. The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions; 4. Hassett: If Trump nominates him as Federal Reserve Chairman, he would be very willing to serve; 5. Speculation in virtual currencies is on the rise, and thirteen departments have joined forces to crack down on illegal financial activities; 6. Michael Saylor has once again released Bitcoin Tracker information, possibly hinting at another BTC accumulation; 7. Tether CEO responds to FUD: Tether's holdings in US Treasury bonds can generate about $500 millions in monthly revenue.