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1Bitget Daily Digest (Dec. 16)|Crypto market sees $508 million in long liquidations over 24 hours; Hassett faces opposition from Trump-aligned senior figures in Fed chair contest2Bitget US Stock Morning Report | US Stocks Fluctuate and Retreat, Tesla Hits New High for the Year, Fed Shows Strong Economic Confidence, Non-farm Payrolls to be Released Tonight, Commodity Prices Fluctuate Violently3Bitcoin sees ‘pure manipulation’ as US sell-off liquidates $200M in an hour

SCOR partners with Edison Chen to launch "The 888 Continuum"—a phased on-chain campaign where in-game "superpowers" unlock exclusive CLOT sneaker drops, gear, and digital collectibles.
SCOR announced today a major strategic partnership with creative director, cultural icon, and CLOT founder Edison Chen.
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Flash
- 04:03The Board of Directors of the Federal Reserve Bank of Atlanta has initiated the process of searching for the next president.Jinse Finance reported that following the news that current President Bostic will retire at the end of February, the Board of Directors of the Federal Reserve Bank of Atlanta has initiated the process of searching for the next president. According to the Federal Reserve Act, the regional Fed president is selected by Class B and Class C directors of the bank, that is, directors who are not affiliated with regulated financial institutions, and the final candidate must be approved by the Board of Governors of the Federal Reserve in Washington. The President of the Federal Reserve Bank of Atlanta will become a voting member of the Federal Open Market Committee (FOMC), which is responsible for setting interest rates, in 2027. (Golden Ten Data)
- 04:03Bitwise CIO: Bitcoin Will Break the Four-Year Cycle and Reach a New All-Time High in 2026Jinse Finance reported that on December 16, Bitwise Chief Investment Officer Matt Hougan published an article stating that Bitwise will release its "Top Ten Predictions for 2026" tomorrow, with three key forecasts: 1. Bitcoin will break the four-year cycle and reach a new all-time high; 2. Bitcoin's volatility will be lower than Nvidia's; 3. The correlation between Bitcoin and stocks will decrease. Matt Hougan noted that according to the four-year cycle theory, 2026 should be a year of correction. However, Bitwise believes this will not happen. The factors that have driven the four-year cycle in the past—Bitcoin halving, interest rate cycles, and the boom-and-bust driven by crypto leverage—have all become significantly weaker compared to previous cycles. As platforms such as Morgan Stanley, Wells Fargo, and Merrill Lynch begin to allocate Bitcoin, the wave of institutional capital flowing into the crypto space since the approval of spot Bitcoin ETFs in 2024 will accelerate in 2026. Meanwhile, as Wall Street and fintech companies begin to seriously adopt cryptocurrencies, the industry will also start to benefit from a favorable shift in regulatory policy following the 2024 election. It is expected that the combined effect of these factors will push Bitcoin to a new all-time high and consign the four-year cycle to the dustbin of history.
- 04:03146.02 BTC were transferred from an anonymous address, worth approximately $12.52 million.According to Jinse Finance, Arkham data shows that at 11:45 (UTC+8), 146.02 BTC (worth approximately $12.52 million) were transferred from multiple anonymous addresses to another anonymous address (starting with 16Mr...).
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![[Bitpush Daily News Selection] Reuters: Nasdaq will officially apply for 5×23 hour trading; Trump says he will consider pardoning bitcoin application Samourai developer Keonne Rodriguez; Forbes: Musk's net worth surpasses $670 billions; Bitcoin network activity drops to its lowest level in 12 months](https://img.bgstatic.com/multiLang/image/social/827b4aebc0d89b499c415cc58b0e5a041765791361179.png)