1. BlackRock deposited 44,140 ETH into Coinbase, worth $135.36 million
According to monitoring by Lookonchain, BlackRock deposited 44,140 ETH into Coinbase Prime, worth $135.36 million.
2. Wall Street is attempting to prevent Trump from appointing Hassett as Chairman of the Federal Reserve
On December 4th, Fox Business reporter Charles Gasparino disclosed that Wall Street and the American business community are working to dissuade Trump from appointing Kevin Hassett as Chairman of the Federal Reserve. Reasons for opposition include Hassett's political background (Director of the National Economic Council) and a lack of credibility, with concerns that this appointment could undermine the Federal Reserve's independence, leading to rising long-term interest rates and internal chaos. If Hassett lowers short-term interest rates through a split vote to address inflationary pressures, it may be seen as political interference, triggering inflation and raising mortgage and consumer rates, thereby affecting economic performance. Other potential candidates include Kevin Warsh and Federal Reserve Governor Christopher Waller.
3. Spot gold broke through $4230/ounce, up 0.6% during the day.
4. BlackRock's CEO admitted to having previously opposed Bitcoin and cryptocurrencies incorrectly.
The CEO of BlackRock, with assets under management of $10 trillion, stated that his views on Bitcoin and cryptocurrencies have undergone a significant change, acknowledging that his previous opposition was incorrect.
5. The SEC chairman states that the promotion of tokenization development must continue.
Paul Atkins, chairman of the U.S. Securities and Exchange Commission, stated that the SEC needs to continue promoting the development of tokenization.
6. The market bets that the possibility of a Federal Reserve rate cut in December is close to certain.
According to IFR reports, market positions indicate that the possibility of a Federal Reserve rate cut in December is close to certain. November's ADP employment figure is expected to add 10,000 jobs, far below October's 42,000, and the ADP weekly employment report has recorded negative values for three consecutive weeks. Due to the government shutdown causing delays in the release of key labor market data, this month's ADP report is particularly important, but it remains unclear how well the weekly data aligns with the actual monthly data.
7. The Ethereum mainnet has completed the Fusaka upgrade, enhancing scalability and security.
The Ethereum mainnet has completed the Fusaka upgrade, which introduced multiple improvements aimed at enhancing scalability, efficiency, and security.
8. Charles Schwab plans to offer BTC and ETH trading services in early 2026.
Charles Schwab, with assets under management of $12 trillion, announced that it will launch Bitcoin and Ethereum trading services in early 2026.
