40429
Fastest Breaking Markets Updates Crypto • Finance • Technology • War
FOMC MEDIAN FORECAST SHOWS 50 BPS OF RATE CUTS IN 2025 TO 3.9%
*FED OFFICIALS NOW SEE INFLATION HITTING 2% IN 2027 VS 2026
*FOMC MEDIAN 2025 PCE INFLATION FORECAST RISES TO 2.5% VS 2.1%
The Week Ahead | @infinityhedge
MON/16:
*Ethena’s announcement, likely related to it’s new stablecoin $USDtb, backed by BlackRock's BUIDL, which is expected to go live today
*Avalanche9000 (ETNA upgrade) to go live on mainnet
*Stacks to open Bitcoin Deposits for sBTC Rollout & Incentive Program
TUE/17:
*Cosmos announcement related to The Role of Cosmos, the Hub, and ATOM
*NEAR Protocol ? announcement
WED/18:
*Fed Interest Rate Decision
THU/19:
*BoJ Interest Rate Decision
*BoE Interest Rate Decision
*Putin to deliver his annual press conference
FRI/20:
*Core PCE
*China: Prime Loan Rate interest rate announcement
*ZRO holders will vote on fee switch proposal, Voting ends Dec 27
Earnings/Charts/Articles ⬎
[20MIN AGO] MICHAEL SAYLOR HINTS AT ANOTHER BITCOIN PURCHASE, Tweets "is saylortracker missing a green dot ?"
*PREVIOUS SIMILAR TWEETS LED TO ANNOUNCEMENT OF BITCOIN PURCHASE THE NEXT DAY
CRYPTO EXCHANGE GATE IS NOT HACKED: EXCHANGE
"Deposits, withdrawals, and trading are all currently operating normally - don't believe the rumors": Chief Business Officer of Gate io
Context: a rumor surrounding hack began spreading on social media based on one source, yes just one unverified source.
BlackRock Recommends A 2% Bitcoin Allocation
*Blackrock only recommends a maximum of 2% as appropriate for most investors it does hint that future price gains may be more difficult. “The return characteristics are likely to change significantly once we reach a target state where potentially the portfolio allocation is much more tactical like gold and is used for hedging with a very different set of characteristics,” says Cohen (Chief Investment Officer of ETF at Blackrock)
TIME MAGAZINE TO NAME TRUMP ‘PERSON OF THE YEAR’: POLITICO
Читать полностью…
APPLE IS WORKING ON AI CHIP WITH BROADCOM - THE INFORMATION
Читать полностью…
U.S. NOV CPI DATA COMING IN 60 MINS ⌛:
HEADLINE CPI: ⚠️
*M/M: EST. 0.3%; PREV. 0.2%
*Y/Y: EST. 2.7%; PREV. 2.6%
CORE CPI:
*M/M: EST. 0.3%; PREV. 0.3%
*Y/Y: EST. 3.3%; PREV. 3.3%
BOJ IS SAID TO SEE LITTLE COST TO WAITING FOR NEXT RATE HIKE
*BANK OF JAPAN SEES LIMITED RISK OF ACCELERATING PRICES EVEN IF RATE HIKE DELAYED IN DECEMBER
*SOME BOJ OFFICIALS NOT AGAINST RATE HIKE IN DEC IF PROPOSED
*MICROSOFT SHAREHOLDERS VOTE AGAINST BITCOIN INVESTMENT PROPOSAL
Читать полностью…
MICROSTRATEGY EXPECTED TO JOIN NASDAQ-100 FOLLOWING MODERNA'S EXIT – BLOOMBERG INTELLIGENCE
Читать полностью…
$1.52B LIQUIDATED FROM THE CRYPTO MARKET IN THE LAST 24HRS
Читать полностью…
Google unveiled a powerful new quantum computer prototype that compresses what would take today’s most powerful super computers ten septillion years (that’s more time than the universe has existed) to calculate into five minutes: Semafor
*Sundar Pichai, Google CEO:
Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field. In benchmark tests, Willow solved a standard computation in <5 mins that would take a leading supercomputer over 10^25 years, far beyond the age of the universe(!)
*TESLA RISES ABOVE $400 PER SHARE FOR FIRST TIME SINCE JAN. 2022
Читать полностью…
MICROSTRATEGY ACQUIRED 15,350 BITCOINS FOR ABOUT $1.5B IN CASH AT AN AVG. PRICE OF $100,386 PER BITCOIN BETWEEN DECEMBER 9 AND DECEMBER 15, 2024
As of Dec. 15, 2024, MicroStrategy holds 439,000 BTC, which were acquired at an aggregate purchase price of approx. $27.1B and an avg. purchase price of approx. $61,725 per Bitcoin.
*MICROSTRATEGY TO JOIN NASDAQ-100 INDEX BEGINNING DECEMBER 23, 2024
Читать полностью…
NATO CHIEF RUTTE: RUSSIA PREPARING FOR LONG-TERM CONFRONTATION WITH UKRAINE AND NATO
NATO CHIEF RUTTE: WE ARE NOT READY FOR WHAT IS COMING IN 4-5 YEARS
MicroStrategy checks all the boxes for inclusion in the Nasdaq 100 Index. There's just one catch: Bloomberg
*Nasdaq could use the small size of MicroStrategy’s operating business as a reason not to add the company to the index.
*The ICB could choose to reclassify MicroStrategy as a financial stock during the next change in March, according to Bloomberg Intelligence analyst James Seyffart.
*MicroStrategy is now more similar to a commodity or an ETF since it is “essentially a dead company” without its Bitcoin. A large majority of the company is just purely its Bitcoin holdings and the financial machinations around it, so it is a financial company: Michael Lebowitz
*NOTE: Financial companies are ineligible for the Nasdaq 100
ELON MUSK BECOMES FIRST PERSON TO EXCEED $400 BILLION NET WORTH
Читать полностью…
*US NOV. CONSUMER PRICES RISE 2.7% Y/Y; EST. +2.7%
*US NOV. CONSUMER PRICES RISE 0.3% M/M; EST. +0.3%
*US NOV. CORE CPI RISES 3.3% Y/Y; EST. +3.3%
*US NOV. CORE CPI RISES 0.3% M/M; EST. +0.3%
*RUSSIAN FOREIGN MINISTRY: AMID INCREASED CONFRONTATION WITH USA, TRIPS TO USA ARE FRAUGHT WITH RISKS
*RUSSIAN FOREIGN MINISTRY: WE URGE RUSSIAN CITIZENS TO REFRAIN FROM TRIPS TO THE UNITED STATES AND ITS SATELLITES, PRIMARILY CANADA AND SOME EU COUNTRIES
*RUSSIAN FOREIGN MINISTRY: RELATIONS WITH THE US ARE TEETERING ON THE VERGE OF RUPTURE
CIRCLE AND BINANCE HAVE ENTERED INTO A STRATEGIC PARTNERSHIP
*Through this partnership, Binance will make USDC more extensively available across their full suite of products and services, — will adopt USDC as a vital dollar stablecoin for their own corporate treasury.
*Circle will provide Binance with a range of technology, liquidity and other tools for Binance users to benefit from the trust and innovation that Circle has built for USDC.
[5HRS AGO]: TRUMP TO FOCUS ON BITCOIN PRICE, SEES IT AS ANOTHER STOCK MARKET
*Trump "is going to be very focused on the price of Bitcoin" — "It's another stock market for him," the source explained, adding that Trump would love for Bitcoin to hit $150,000 early in his presidency: A top transition source told AXIOS
OPENAI'S AI VIDEO GENERATOR 'SORA' RELEASED FOR THE PUBLIC: sora.com
SAM ALTMAN:
this is early--think of it like GPT-1 for video
SORA, OPENAI'S AI VIDEO GENERATOR, IS LAUNCHING FOR THE PUBLIC TODAY: MKBHD
Читать полностью…
BITCOIN STRATEGIC RESERVE FACES FUNDING CHALLENGES
*The BITCOIN Act of 2024 would have the US government create a strategic BTC reserve, funded in part with remittances from the Federal Reserve to the Treasury.
*The problem is the Fed is currently operating at a loss of over $1B/week, due to a negative interest margin. Even after the Fed returns to profitability, it would have to apply those future profits to filling the hole in its balance sheet from accumulated losses—currently worth $212B—before remittances resume, including to any BTC reserve.
*That could take years. In the meantime, BTC purchases—as envisioned by the act—would have to lean heavily on profits from revaluing and remonetizing the Treasury’s gold: Gavekal Research