Trump may appoint a new Federal Reserve chairman in January, gold breaks $4450, Coinbase continues to acquire and enhance its all-in-one platform💥
At the end of the year and the beginning of a new one, there are significant signals in the global financial market. On the macro level, U.S. November CPI exceeded expectations and cooled down, the White House stated that there is ample room for the Federal Reserve to cut interest rates, and the market bets on a loosening of 64 basis points by 2026; Trump plans to appoint a new Federal Reserve chairman in the first week of January 2026, with former Federal Reserve Governor Warsh and White House economic advisor Hassett being popular candidates, adding uncertainty to monetary policy direction.
In the traditional safe-haven market, spot gold broke through $4450 per ounce, creating a historical high, but later plunged $20 due to institutions taking profits. However, expectations of Federal Reserve interest rate cuts and a global central bank gold buying frenzy support the long-term trend; the Bank of Japan raised interest rates to 0.75%, a 30-year high, and the market has fully digested this impact.
The cryptocurrency industry is showing a trend of compliance and expansion: Hong Kong is promoting the automatic exchange of cryptocurrency tax information, starting in 2028 with partner jurisdictions for mutual sharing; mainland China's RWA business in Hong Kong has cooled, with concept stock prices nearly halved. Leading institutions are taking frequent actions, Coinbase acquired the prediction market company The Clearing Company, accelerating the layout of its "all-in-one exchange," with the transaction expected to be completed in January 2026; Tether will launch a new stablecoin USAT compliant with U.S. regulations, Erebor has obtained FDIC approval to become a federal-level bank; MicroStrategy is hoarding $2.19 billion in cash to cope with volatility, TD Cowen maintains its target price of $500; Bhutan is using 10,000 BTC to build an economic special zone.
Market forecasts for 2026 are divided, with Bitwise predicting Bitcoin will break the four-year cycle, while JPMorgan denies a "crypto winter." For investors, it is crucial to closely monitor changes in Federal Reserve policy and opportunities for compliance in the cryptocurrency industry, while also managing risk control.
