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11:42
Multiple US economic indicators show weakness, investors bet on two Fed rate cuts next year
This week, employment, wage, consumption, and industrial climate data released in the United States were all weak, and investors continue to bet that the Federal Reserve will cut interest rates twice next year. Whether the CPI data scheduled to be released on Thursday can further support expectations of a rate cut remains to be seen.
11:42
ETHZilla Chairman's Letter to Shareholders, Revealing Ethereum's Progress on RWA Tokenization Strategy
BlockBeats News, December 17th, Ethereum Treasury Company ETHZilla Corporation released a Chairman of the Board letter to shareholders, reviewing the company's strategic execution progress over the past five months and outlining the development plans for 2026 and beyond. ETHZilla stated that the company was initially positioned as an infrastructure provider that connects traditional finance with DeFi. Its core strategy includes continuously accumulating Ethereum (ETH), earning yields through careful deployment, and simultaneously operating the tokenization of real-world assets (RWA) on-chain. In terms of the latest progress, ETHZilla disclosed that the company has established the foundational capabilities required for RWA tokenization. In October of this year, the company announced a partnership with Liquidity.io. The company is a regulated broker-dealer and one of the few digital alternative trading systems (ATS) registered with the U.S. Securities and Exchange Commission (SEC). ETHZilla also holds an ownership stake in its parent company. Through this partnership, ETHZilla will gain exclusive access to a compliant trading platform, with plans to issue tokenized assets on the Ethereum Layer 2 network (L2) and make them compliant, tradable products with primary and secondary market liquidity.
11:38
If Ethereum falls below $2,800, the cumulative long liquidation intensity on major CEXs will reach $1.022 billions.
BlockBeats News, December 17, according to Coinglass data, if Ethereum falls below $2,800, the cumulative long liquidation intensity on major CEXs will reach 1.022 billions. Conversely, if Ethereum breaks through $3,000, the cumulative short liquidation intensity on major CEXs will reach 843 millions. BlockBeats note: The liquidation chart does not show the exact number of contracts to be liquidated, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
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