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BON CRYPTO
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BREAKING: ๐จ๐ณ๐บ๐ธ Chinese state-owned banks reportedly buying up the U.S. dollar.
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BON CRYPTO
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โก๏ธโก๏ธโก๏ธโก๏ธโก๏ธโก๏ธ Strategy continues to spend $962.7M to collect another 10,624 BTC at an average price of ~$90,615 / $BTC
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JUST IN: ๐บ๐ธ The US Government now holds $17.8B in crypto.
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Endgame: ZKsync will shut down ZKsync Lite in 2026 After more than 5 years of operation, ZKsync confirmed to stop supporting ZKsync Lite (ZKsync 1.0) to focus on ZK Stack and Prividiums (private chains serving businesses). The project emphasized that the shutdown of Lite is planned and does not affect other systems in operation. Specific instructions will be given next year. Currently, user assets on Lite are still safe and withdrawals to Layer 1 Ethereum are normal. $ZK
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NEXT WEEK'S ECONOMIC CALENDAR (US DAY) This week's focus will be on the interest rate decision and the press conference with the Fed Chair ๐๏ธ TUESDAY 9 DECEMBER - US job vacancy report: forecast 7.2 million | expected to be 7.2 million ๐๏ธ WED 10 DEC - Fed rate announcement at 11am Cali / 2am Vietnam on Thursday 11 DEC (expected to cut 0.25%) - Chairman Powell press conference follows about 30 minutes later ๐๏ธ THURSDAY 11 DEC - US initial jobless claims forecast at 220,000 vs. 191,000 ๐๏ธ FRI 12 DEC - Philadelphia Fed President Anna Paulson speaks - Cleveland Fed President Beth Hammack speaks$
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๐ซ๐ท BPCE STARTS LETTING CUSTOMERS BUY AND SELL CRYPTO DIRECTLY IN THE BANK APP ๐ธ BPCE is one of the largest banking groups in France and they are about to open a crypto trading service for retail customers directly in the Banque Populaire and Caisse dโรpargne apps. ๐ธ The first phase will have about 2 million users participating. If stable, BPCE will expand to all 12 million customers between now and 2026. ๐ธ Users can buy and sell bitcoin, ether, solana and USDC directly in the banking app. Very convenient for beginners because there is no need to transfer money to other exchanges. Monthly fee of 2.99 euros and transaction fee of 1.5 percent minimum 1 euro per transaction. ๐ธ Some European banks have done the same. BBVA allows crypto purchases in Spanish app. Santander's Openbank supports five cryptocurrencies. Raiffeisen Bank in Vienna also partnered with Bitpanda to bring crypto into its system.$BTC
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