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BlockBeats News, December 11, the FOMC cut interest rates by another 25 basis points to 3.50%-3.75%, marking the third consecutive rate cut, but three dissenting votes revealed widening policy divergence. The statement added wording about "considering the extent and timing of further adjustments to interest rates" and removed the description of the unemployment rate as "low," reflecting that officials' views on employment risks and inflation stickiness are beginning to diverge. Starting December 12, the Federal Reserve will purchase $40 billion in Treasury securities within 30 days. After the meeting, Powell emphasized that rates are now close to the upper end of the neutral range, and no one currently expects a rate hike; he also pointed out that upside inflation risks remain, but are mainly driven by tariffs. If tariffs are reversed, inflation could fall back to the lower end of the 2% range. Regarding the labor market, he admitted that recent data has been overestimated and that there are downside risks to employment. The market now expects a cumulative rate cut of 55 basis points next year, with the probability of another cut in January still below 25%. Major institutions are also increasingly divided on future policy: some believe that improvements in inflation are sufficient to support another rate cut starting in March next year, while others expect a pause in January and an observation period in the first half of the year, with some even predicting that rate cuts may be delayed until after June. Several Wall Street institutions have pointed out that this "hawkish rate cut" highlights the difficulty for the FOMC to maintain consistency under Powell's leadership. In terms of market performance, during the period from the Fed's statement to the press conference, gold and silver experienced significant volatility before strengthening again, with silver hitting a historic high; U.S. Treasury yields fell, the dollar weakened, non-U.S. currencies rebounded across the board, and U.S. stocks rose in tandem. After the meeting, Trump criticized the rate cut as insufficient, adding external noise to policy uncertainty. Bitunix analyst: Against the backdrop of unclear rate cut pace, intensifying internal divisions, and possible leadership changes in 2026, the market will rely more on data and liquidity operations to price policy paths. Short-term volatility may increase, and directional signals will need to wait for further clarification of employment and inflation data.

BlockBeats News, December 11, according to the official announcement from MEET48, the world's first AIUGC and fan economy ecosystem community focused on the entertainment sector, the second "MEET48 Best7: Stage of Light" large-scale voting event has concluded its second phase today and released a mid-term report. As of 12:00 noon on the same day, according to data from DappBay, MEET48's event dApp recorded 404.76K transactions (TXN) in the past 30 days, with 402.04K unique active wallet addresses (UAW), ranking second in the BSC ecosystem's social track dApps for UAW in the past 30 days. The "MEET48 Best7: Stage of Light" voting event is still ongoing, and the final results will be announced at 4:00 UTC on December 25. Fans can log in to the official MEET48 website and download the MEET48 APP, use $IDOL to exchange for voting tickets, and vote for participating idols (only SNH48 Group idols) on the event page. Idols who rank in the Top 7 in the final voting will receive official event rewards, while the Top 3 idols will receive rewards such as studio-recorded songs, overseas travel Vlogs, and themed photo shoots, creating a stage of light in the Web3 world.