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[Trump: Rate Cuts Are the Litmus Test for the Fed Chair Position] U.S. President Trump stated that rate cuts are the litmus test for the Federal Reserve Chair position.
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[Trump: Rate Cuts Are the Litmus Test for the Fed Chair Position] U.S. President Trump stated that rate cuts are the litmus test for the Federal Reserve Chair position.
OKX-ETH/USDT is currently trading at $3200.77, with a 5-minute drop of 0.05%. Please pay attention to market fluctuations.
[Worldcoin Team Wallet Transfers $8.8 Million Worth of WLD Tokens to Coinbase] The Worldcoin project team wallet transferred $8.8 million worth of WLD tokens to Coinbase 12 hours ago. Four days ago, this wallet received $14 million worth of WLD from another team-associated wallet.
[Greeks.live: Limited Momentum to Restart Bull Market, Slow Decline is the Mainstream View] Greeks.live macro analyst Adam stated that while the Federal Reserve's 25 basis point rate cut and the restart of purchasing $40 billion in short-term Treasury bonds are favorable for liquidity, market activity remains low as the year-end approaches, leaving limited momentum to restart a bull market. Options data shows that over 50% of positions are concentrated at the end of December, with BTC's maximum pain point at $100,000 and ETH's maximum pain point at $3,200. Skew has remained persistently negative this month, primarily due to the dominance of covered call strategies and traders preparing for a downturn. A slow decline is currently the mainstream view in the options market.
[Galaxy Establishes New Office in Abu Dhabi and Launches New Business Unit to Enter the Middle East Market] Digital asset management and infrastructure company Galaxy announced the establishment of a new office in Abu Dhabi and the launch of a new business unit as part of its strategy to enter the Middle East market. Galaxy will set up an entity under the regulatory authority of the Abu Dhabi Global Market (ADGM), an international financial center in the region. Galaxy founder and CEO Mike Novogratz stated that this move is part of the company's efforts to expand existing partnerships and business strategies. Galaxy's announced Q3 2025 financial results show a net income of $505 million and an equity value of $3.2 billion.
[Web3 Game Studio ChronoForge to Shut Down Services on December 30 Due to Funding Shortage] Web3 game studio ChronoForge has announced that it will cease all services by December 30 due to funding shortages and various unfavorable factors. Since July, the funding shortfall has forced the founders to personally finance development, reduced staff by 80%, and continued operations without a marketing budget, with revenue falling below sustainable levels, all amidst a bearish sentiment in the Web3 gaming market. The project was developed by Minted Loot Studios, and its affiliated entity, Rift Foundation, raised over $3 million through the sale of RIFT tokens to support game development.