News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
What were foreigners most concerned about in the past 24 hours?
Why is it said that almost all altcoins will go to zero, with only a few exceptions?
The article discusses the upcoming Federal Reserve interest rate cut decision and its impact on the market, with a focus on the Fed’s potential relaunch of liquidity injection programs. It also analyzes the Trump administration’s restructuring of the Federal Reserve’s powers and how these changes affect the crypto market, ETF capital flows, and institutional investor behavior. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.
The Federal Reserve announced a 25 basis point rate cut and the purchase of $40 billion in Treasury securities, resulting in an unusual market reaction as long-term Treasury yields rose. Investors are concerned about the loss of the Federal Reserve's independence, believing the rate cut is a result of political intervention. This situation has triggered doubts about the credit foundation of the US dollar, and crypto assets such as bitcoin and ethereum are being viewed as tools to hedge against sovereign credit risk. Summary generated by Mars AI. The accuracy and completeness of this summary are still in the process of iterative updates.
Still waters run deep, subtly reviving the narrative thread of 402.
You’d better honestly ask yourself: which side are you on? Do you like cryptocurrency?
![Axe Compute [NASDAQ: AGPU] completes corporate restructuring (formerly POAI), enterprise-level decentralized GPU computing power Aethir officially enters the mainstream market](/news-static/client/media/cover-placeholder.101bcc72032a7c4f0a397f15f3252c92.svg)
Predictive Oncology has been renamed Axe Compute (AGPU), becoming the first decentralized GPU infrastructure company listed on Nasdaq. Through the Aethir network, it provides computing power services for AI enterprises, aiming to solve the industry's computing power bottleneck.
- 22:44San Francisco Fed President: Supports This Week's Rate Cut Decision, Overly Tight Monetary Policy May Be Detrimental to HouseholdsJinse Finance reported that Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that the Federal Reserve's decision to cut interest rates this week was not easy, but she ultimately supported the move. In a post on LinkedIn, she said, "Real wage growth comes from long-term, stable economic expansion. And the current economic expansion is still at a relatively early stage." Daly noted that the Federal Reserve must continue to bring inflation down to the 2% target level, but must also be cautious in protecting the labor market. "Overly tight policy could cause unnecessary harm to American households and expose them to two problems: inflation above the target level and a weakening labor market."
- 22:29The yield on the US 30-year Treasury bond rises to its highest level since September.Jinse Finance reported that U.S. long-term Treasury prices have fallen, with the 30-year Treasury yield rising to its highest level since early September. This week, the impact of the Federal Reserve's rate cuts and policy stance has gradually permeated the market. The 30-year Treasury yield once rose by 6 basis points to 4.86%, reaching a new high since September 5, and has increased by about 5 basis points this week. The 2-year Treasury yield was basically flat on Friday, with a slight decline for the week. Expectations that the Federal Reserve may further cut rates next year have supported lower yields on short-term Treasuries, while long-term yields reflect persistently high inflation. On Friday, Chicago Fed President Goolsbee and Kansas City Fed President Schmid said that inflation concerns are the main reason they oppose rate cuts and support maintaining the status quo. Strategist Edward Harrison stated: "Goolsbee said he opposes rate cuts due to concerns about inflation. Given that traders still expect two 25-basis-point rate cuts by the end of 2026, his comments indicate that U.S. Treasuries face downside risks."
- 22:29Spot gold rose about 2.5% this weekJinse Finance reported that on Friday (December 12), at the close of trading in New York, spot gold rose by 0.53% to $4,302.68 per ounce, with a cumulative increase of 2.49% for the week. From Monday to Wednesday (before the Federal Reserve announced interest rate cuts and Treasury purchases), prices remained roughly flat, then continued to rise, with a significant pullback on Friday. COMEX gold futures rose by 0.48% to $4,333.60 per ounce, up 2.14% for the week, and once climbed to $4,387.80 on Friday.