24-Hour Hot Cryptocurrencies and News | The Federal Reserve cuts benchmark interest rates by 25 basis points to 3.50%-3.75%; CFTC Chairman says Bitcoin will be usable as collateral in the derivatives market (December 11) | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptomsx.comGMGNThe Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50%-3.75%.The probability of the Federal Reserve pausing interest rate cuts at its January meeting has risen to 78%.CFTC Chairman: Bitcoin will be usable as collateral in the derivatives marketThe U.S. Office of the Comptroller of the Currency: Nine major U.S. banks have implemented “de-banking” measures in the crypto industry.Strategy: MSCI’s proposed 50% Bitcoin threshold risks triggering “sharp volatility” in the index and conflicts with US innovation policies.Bitmine adds another $112 million worth of ETH to its holdings.ETHZilla plans to redeem $516 million of its 2028 convertible bonds ahead of schedule to optimize its capital structure.GameStop reported a paper loss of $9.4 million on its Bitcoin holdings in Q3, but still held 4,710 BTC.Gemini has received approval from the CFTC to establish a prediction market, which may later be expanded to crypto futures, options, and perpetual contracts.MarketStripe acquires Valora team to expand stablecoin businessSurf raises $15 million, led by Pantera Capital.African stablecoin payment infrastructure Ezeebit raises $2.05 million in seed funding.bitcoinAptos-based revenue infrastructure Goblin Finance has raised $1 million in strategic funding, led by OKX Ventures, Gate Ventures, and BlockBooster.The CFTC launched the “CEO Innovation Committee,” with Polymarket, Kalshi, Kraken, and others among its initial members.“The Fed’s mouthpiece”: Three rate cuts have failed to quell internal disputes; the risk of stagflation needs to be guarded against.Alliance DAO co-founder: The blockchain moat is narrow; even the strongest crypto businesses are only in the middle tier.Dragonfly Partner: Ethereum already has a strong moat; the claim that “blockchain has no moat” is absurd.24-Hour Hot Cryptocurrencies and News | The Federal Reserve cuts benchmark interest rates by 25 basis points to 3.50%-3.75%; CFTC Chairman says Bitcoin will be usable as collateral in the derivatives market (December 11)Related: The Oracle Wars: The Underlying Code for the Explosion of On-Chain Prediction Markets# Analysis# bitcoin# crypto# ethereum# Exchange# Market# TokenPre
The Federal Reserve cut interest rates by 25 basis points as expected, but three voting members opposed it, still projecting one more rate cut next year and initiating the Reserve Investor Program (RMP) to purchase $40 billion in short-term bonds.Next
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