XXYY.cc Morning News | December 23 Important Overnight Updates

21:00-07:00 Keywords: Erebor · Strategy · BitMine · Trump Media

1️⃣ Trump may appoint a new Federal Reserve chairman in the first week of January

The leading candidate is Hassett, with market expectations that his policies will be more expansionary than Powell's.

2️⃣ Federal Reserve Governor Mulan: The policy rate will eventually be lowered

Indicates that interest rate cuts will continue next year in response to a slowing labor market, believing that the tightening cycle has reached its limit.

3️⃣ Banking startup Erebor receives FDIC approval and raises $350 million

Backed by Palmer Luckey, it has obtained a national bank charter, valued at $4.35 billion, focusing on compliant crypto infrastructure.

4️⃣ Strategy: Did not increase BTC holdings last week, increased reserves by $748 million

Cash reserves rose to $2.19 billion, maintaining a position of 671,000 BTC, with ammunition ready for buying.

5️⃣ Coinbase acquires prediction market company The Clearing Company

Accelerating the construction of an "all-in-one exchange," planning to enter real-world prediction contract trading, expected to complete in January.

6️⃣ BitMine increased holdings by approximately 98,800 ETH last week, total holdings exceed 4 million

The holdings now account for 3.37% of Ethereum's supply, with a strategic goal of locking in a 5% share to dominate network governance.

7️⃣ Insider: JPMorgan considers offering crypto trading services to institutions

Driven by favorable regulatory conditions, Wall Street's top bank is evaluating the feasibility of providing spot and derivative trading.

8️⃣ Trump-owned Trump Media increased BTC holdings by 300 to 11,542

Continuing to implement a financial reserve strategy, the market value of holdings has exceeded $1 billion, with a clear trend towards Bitcoin becoming a sovereign asset.