Morning News | Hasset hinted at interest rate cuts. TRUMP Meme currency will be launched in mobile g

The price of Bitcoin reached a new high, breaking through $4,200 per ounce. It increased by 0.23% during the day.

Market updates

Market trends yesterday

● Russian President Putin said that no one can ban Bitcoin

Russian President Putin stated that no one can prohibit Bitcoin.

● Hasset: The Federal Reserve has ample room to cut interest rates significantly

Hasset, the favored candidate for the next chairman of the Federal Reserve and director of the White House National Economic Council, said on Tuesday that he believes the Federal Reserve “has ample room” to cut interest rates significantly. When asked whether being appointed would lead to the “significant rate cuts” that Trump desires, he replied, “If the data shows that we can do so—like now—I think there’s definitely room for that.”

When further questioned about whether this means a rate cut of more than 25 basis points, he confirmed, “Yes.” Trump said in an interview with Politico on Tuesday that rapid rate cuts would be a test for his role as Federal Reserve chairman. In response to the question of whether, if he became chairman, his loyalty would lie with Trump or with independent economic judgment, Hasset said, “I will stick to my own judgment, and I believe the president trusts my judgment.”

● The EU plans to launch reforms to integrate capital markets by 2027, and cryptocurrency companies will also be subject to ESMA regulation

欧盟金融服务业委员玛丽亚·路易斯·阿尔布开克周二表示，欧盟希望能在2027年前开始实施其资本市场一体化一揽子改革方案，首次就该改革的时间表提供了指引。“我们应尽快推动这套方案的讨论和批准，理想情况下，如果能在2027年启动实施，那将非常理想。”上周，欧盟委员会宣布计划将其市场监管机构欧洲证券与市场管理局(ESMA)赋予更大的监督和执法权，以作为整合碎片化资本市场的系列措施之一。该提案仍需获得欧洲议会和欧盟理事会的批准，而部分成员国对此持强烈反对态度。集中监管权力将使重要的清算所、中央证券存管机构和交易平台纳入ESMA的管辖范围，加密货币公司也将受ESMA监管。欧盟还承诺在明年年底前对银行业监管规则进行全面审查，欧洲央行将于周四公布简化银行监管的提案，这些内容将纳入欧盟委员会的整体改革工作中。

● TRUMP Meme币今日凌晨宣布将推出手机游戏

据官方公告，TRUMP Meme代币X账号今日凌晨发文宣布，“TRUMP手机游戏即将推出，专为真正特朗普粉丝打造。现开放免费等候名单。”

● 贝莱德向Coinbase Prime转入272.293枚BTC，价值2458万美元

大约1小时前，贝莱德向Coinbase Prime地址转移272.293枚比特币，价值约2458万美元。

● The Hong Kong government plans to start exchanging tax-related information on encrypted asset transactions with partner tax jurisdictions starting from 2028

. According to reports from the Hong Kong government’s official gazette, the government is conducting public consultations regarding the implementation of the reporting framework and common reporting standards established by the Organization for Economic Co-operation and Development (OECD) for encrypted assets.

The government aims to complete legislative changes within this year, enabling the automatic exchange of tax-related information on encrypted asset transactions with partner tax jurisdictions starting in 2028, and implementing the new common reporting standards starting in 2029. Secretary for Finance and the Treasury, Mr. Hoi Cheng-yu, stated that this move is aimed at demonstrating Hong Kong’s commitment to international tax cooperation and combating cross-border tax evasion, which is crucial for maintaining Hong Kong’s reputation as an international financial center.

The OECD introduced this reporting framework in 2023, requiring partner tax jurisdictions to automatically exchange tax-related information on encrypted asset transactions annually. Since 2018, Hong Kong has been exchanging financial account information with partners under the OECD’s common reporting standards. The public can submit their opinions on these proposals by February 6, 2026.

● BMW completed its first on-chain programmable foreign exchange payment through JPMorgan Chase

German automotive giant BMW used JPMorgan Chase’s Kinexys digital payment network to execute a foreign exchange transaction, marking the first on-chain programmable foreign exchange payment.

● The UAE’s national security department considers Bitcoin to be a key pillar of future finance

The UAE’s national security department states that Bitcoin is a crucial pillar of future finance.

● Stripe’s stable coin payment feature will be available on December 12th. It supports payments on Ethereum, Base, and Polygon networks

. According to Adam, co-founder of RWA.xyz, payment giant Stripe will enable stable coin payments for users’ accounts on December 12th. This feature allows for payments using stable coins such as USDC on mainstream blockchain networks like Ethereum, Base, and Polygon. Stripe indicates that the stable coin payment functionality has been fully integrated into its optimized checkout suite, and existing integrations can be used without any code changes.

In terms of fees, stable coin payments charge a 1.5% fee on the transaction amount (calculated in USD), with no fixed fees involved. All transactions will be settled in USD and credited to the user’s payment balance.

● Bitwise’s cryptocurrency index fund, BITW, will be traded on the Arca market of the New York Stock Exchange

The crypto asset management company Bitwise Asset Management announced that its crypto index fund—Bitwise 10 Crypto Index ETF (BITW)—will be listed on the Arca market of the New York Stock Exchange, becoming an exchange-traded product. BITW was initially launched in 2017 as the first crypto index fund, designed to track the Bitwise 10 Large Cap Crypto Index and provide investors with a wide range of investment opportunities in the crypto market. The fund holds 10 of the most valuable crypto assets, and undergoes active screening and monthly rebalancing. Under its new ETP structure, BITW will allocate 90% of its holdings to the crypto assets held by the existing single-coin ETP, which currently includes Bitcoin, Ethereum, Solana, and Ripple. All other crypto assets will account for a maximum of 10% of the fund’s holdings. If other crypto assets receive the same regulatory approvals as BTC, ETH, SOL, and XRP, BITW will be able to incorporate them into its 90% holding category. At the time of listing, BITW’s holdings in these 10 crypto assets are as follows: Bitcoin: 74.34%; ETH: 15.55%; Ripple (XRP): 5.17%; Solana (SOL): 3.07%; Cardano (ADA): 0.65%; Chainlink (LINK): 0.39%; Litecoin (LTC): 0.26%; Avalanche (AVAX): 0.24%; Sui: 0.24%; Polkadot (DOT): 0.14%.

● The permanent contracts feature in MetaMask has been launched, allowing trading on multiple US stocks and stock markets.

The mobile version of the MetaMask wallet now supports trading options on various U.S. stocks and other securities markets. The perpetual contract trading service has been officially launched in the MetaMask mobile app, with technical support provided by the Hyperliquid protocol. The newly redesigned interface is specifically designed for traders, allowing users to open perpetual contract positions within seconds. The MetaMask wallet also indicates that users can now recharge their perpetual contract accounts with any token on any Ethereum Virtual Machine (EVM)-compatible chain. Users can also operate options on over 150 tokens, as well as various U.S. stocks and other securities markets, directly from their mobile devices. In its update announcement, MetaMask wallet emphasized that this service does not require any centralized exchanges or additional connections to decentralized applications (DApps). According to Bloomberg, payment giant Stripe and crypto venture capital firm Paradigm announced on December 9 that they have opened the joint-developed blockchain project Tempo for public testing. Any company interested in developing real-world stablecoin payment applications can participate in this testing initiative. Kalshi and UBS have also joined as partners in this initiative. During President Trump’s second term, interest in stablecoins has increased significantly. The White House has established a federal regulatory framework for tokens that are typically linked to real assets like the US dollar. Stripe is one of many financial institutions, retailers, and startups that have announced pilot projects, transactions, or partnerships related to this rapidly growing crypto market sector.

● Circle has launched the bank-grade privacy-oriented stablecoin USDCx, in collaboration with the Aleo blockchain

According to Fortune, Circle and the Aleo blockchain have announced a partnership to launch a privacy-enhanced stablecoin called USDCx. This stablecoin will provide users with “bank-grade privacy,” ensuring that transaction data remains confidential and allowing compliance records to be reviewed by regulators.

● Coinbase has reached an important agreement with PNC Bank

Coinbase’s Crypto-as-a-Service platform now offers direct Bitcoin trading services for PNC private banking clients. This makes PNC the first major American bank to offer such services. This partnership aims to seamlessly integrate digital assets into traditional financial systems.

● Yi Lihua: Despite having all his funds invested in ETH, he remains optimistic about its future performance

Liquid Capital(前LD Capital)创始人易理华在社交媒体上发文表示，“ETH上涨突破3300美元，满仓以来坚持看好后续行情，投资永远是最难的事，考验的不仅是心态还有认知，别人恐惧的时候要贪婪，说起来容易做起来最难。”

● 比特币矿企IREN完成23亿美元可转换优先票据发行

比特币矿企IREN(IREN)完成一项再融资交易，包括23亿美元的可转换优先票据发行，以及5.443亿美元的现有可转债回购。新发行的债券包括：10亿美元的票面利率0.25%票据，2032年到期;10亿美元的票面利率1%票据，2033年到期;为满足额外需求而全额行使的3亿美元超额配售。此外，IREN还执行了封顶看涨交易，以对冲债券转换可能带来的股权摊薄，并为每股82.24美元的初始价格提供保护。公告称，除与重大变更相关的标准条款外，该票据不包含任何投资者回售权。

● Glassnode：上市与私营公司比特币持仓增至108万枚

Glassnode数据显示，2023年1月以来，上市与私营公司持有的比特币总量已从19.7万枚增至108万枚，增长约448%。企业资产负债表正成为比特币需求日益重要的支柱。

● SpaceX拟以1.5万亿美元估值进行IPO，有望成为有史以来规模最大的IPO

According to Bloomberg, citing data from Golden Ten, SpaceX expects its IPO valuation to be around $1.5 trillion, with the funds raised far exceeding $30 billion. SpaceX plans to conduct its IPO in mid-to-late 2026, with the exact timing depending on market conditions. SpaceX estimates that its sales will reach approximately $15 billion in 2025, and between $22 billion and $24 billion in 2026. SpaceX’s IPO plan could become the largest IPO in history.

● The Ethereum Foundation’s address deposited 5,748 ETH into Kraken

According to Lookonchain’s monitoring, an address starting with 0x9D1c deposited 5,748 ETH (approximately $17.89 million) into Kraken around 50 minutes ago. Chain-level tracking shows that these ETH originally came from the Ethereum Foundation.

● Standard Chartered Bank has lowered its target price for Bitcoin to $100,000 by the end of the year

Standard Chartered Bank analyst Geoff Kendrick describes the current market as a “cold snap” rather than a “crypto winter.” He has lowered Bitcoin’s target price to $100,000 and postponed the expected price of Bitcoin to $500,000 from 2028 to 2030.

● Coinbase will launch Humidifi (WET)

Coinbase will launch Humidifi (WET). If the conditions for liquidity are met and trading regions support it, the WET-USD pair will begin to be traded.

● Coinbase will launch Hyperlane (HYPER)

Coinbase will launch Hyperlane (HYPER). If the conditions for liquidity are met and trading is supported in relevant regions, the HYPER-USD pair will begin to be traded.