XXYY.cc Morning News | December 8, 21:00–7:00

Keywords: cbBTC · Michael Saylor · BlackRock

1️⃣

BlackRock currently holds 775,715.2 Bitcoins, maintaining a high position in institutional holdings.

2️⃣

El Salvador Government's Bitcoin holdings amount to 7,493.37 Bitcoins.

3️⃣

U.S. Treasury Secretary Janet Yellen stated that the U.S. GDP growth rate will reach 3% this year, with macroeconomic fundamentals remaining stable.

4️⃣

The market capitalization of the wrapped Bitcoin token cbBTC has surpassed 6.8 billion USD, with a circulating supply of 73,951 tokens, and the expansion of wrapped BTC products continues.

5️⃣

The Chairman of the U.S. Securities and Exchange Commission (SEC) reiterated: the U.S. financial market may migrate to on-chain operations as a whole in the coming years, and digital asset infrastructure is being further institutionalized.

6️⃣

Michael Saylor has released Bitcoin Tracker information again — the community speculates that he may disclose new round of increased holdings data next week.

7️⃣

K33 Research analysis: the likelihood of a significant market rise is higher than a further decline, and December may be a good opportunity for building positions, with mid to long-term liquidity and market structure still being favorable.