Overview of Major Overnight Developments on December 9
21:00-7:00 Keywords: Strategy, BitMine, Paradigm, Hassett 1. White House economic advisor Hassett: Interest rates should continue to be lowered; 2. Strategy purchased 10,624 bitcoin last week for $962.7 million; 3. BitMine increased its holdings by about 138,400 ETH last week, with total holdings exceeding 3.86 million ETH; 4. Paradigm invested $13.5 million in Brazilian stablecoin startup Crown; 5. Trump: A single-rule executive order on artificial intelligence will be issued this week; 6. Traders expect the cumulative rate cut by the Federal Reserve to be less than 75 basis points by the end of 2026; 7. The US CFTC has launched a pilot program allowing BTC, ETH, and USDC to be used as collateral in the derivatives market.
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