24H Hot Coins and News | The Federal Reserve cut interest rates by 25 basis points and expects to cut interest rates twi

24 H popular currencies

1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

• BTC: -5.32%

• ETH: -6.3%

• XRP: -9.7%

• SOL: -7.8%

• DOGE: -8.81%

• PEPE: -13.16%

• BNB: -3.76%

• SUI: -6.37%

• PENGU: +22.76%

• ADA: -8.37%

24-hour price increase list (data source: OKX):

• GEAR: + 37.19%

• UXLINK: +27.52%

• PENGU: +24.47%

• VELODROME: +9.6%

• MOVE: +5.77%

• MORPHO: +4.49%

• ZENT: +2.7%

• CTC: +1.52%

• DAI: + 0.05%

2. Top 5 popular memes on the chain (data source: GMGN):

• LI

• Daige

• CATAI

• WheelSnake

• QBC

3. Todays most searched currencies

• LI: LI (HhUVk…ump) is the Solana Meme coin. The token was issued by a Chinese artist living in Italy, Li, and his team, who run a Twitter account that claims to be a decentralized news account with over 1.878 million followers. The token logo is Li鈥檚 pet cat.

• USUAL: Usual is a stablecoin developer. Yesterday, it announced the opening of token airdrops and launched spot trading on Binance. The price of USUAL reached a high of 1.2073 USDT, and the current market value is 447 million US dollars.

Schlagzeilen

Fed cuts rates by 25 basis points , forecasts two more rate cuts in 2025

The Federal Reserve has concluded its annual interest rate decision for 2024. The bank decided to cut the benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third consecutive rate cut, which was in line with expectations. In eight decisions this year, the Federal Reserve has cut interest rates by a total of 100 basis points, including one 50 basis point cut, two 25 basis point cuts, and five other cuts to keep interest rates unchanged.

Meanwhile, the Fed鈥檚 dot plot shows that two rate cuts are expected in 2025 (four were expected in September).

Powell: Currently not allowed to own Bitcoin, and does not want to change the law

Federal Reserve Chairman Powell: (When asked about Bitcoin reserves) We are not allowed to have Bitcoin and we do not want to change the law.

The median of the Feds dot plot: the cumulative interest rate cut will be 50 basis points by 2025

The Federal Reserves dot plot shows that among the 19 officials, one official believes that there should be no interest rate cut in 2025, three officials believe that the interest rate should be cut by 25 basis points in total in 2025, 10 officials believe that the interest rate should be cut by 50 basis points in total in 2025, three officials believe that the interest rate should be cut by 75 basis points in total in 2025, one official believes that the interest rate should be cut by 100 basis points in total in 2025, and one official believes that the interest rate should be cut by 125 basis points in total in 2025.

Branchen-News

Fed expects inflation to reach 2% by 2027

Fed officials now expect inflation to reach 2% in 2027, later than the previous estimate of 2026.

Australian Securities and Investments Commission sues Binance Australia

The Australian Securities and Investments Commission (ASIC) said it is suing Kryptocurrency company Binance Australia, alleging it failed to protect consumers after it offered cryptocurrency derivatives products to 505 Australian retail investors who were misled into believing they were wholesale clients.

Hong Kong Securities and Futures Commission issues licenses to virtual asset trading platforms under expedited licensing procedures

The Hong Kong Securities and Futures Commission today issued licenses to four virtual asset trading platform applicants that were deemed to have been licensed under the expedited licensing procedure. The four virtual asset trading platform applicants are Cloud Account Greater Bay Area Technology (Hong Kong) Co., Ltd., DFX Labs Company Limited, Hong Kong Digital Asset Austausch Group Co., Ltd. and Thousand Whales Technology (BVI) Limited. The SFC is reviewing the remaining applications under the same expedited licensing procedure.

Projektneuigkeiten

Renzo has opened the third quarter airdrop application and will distribute 4% of REZ to 81,684 addresses

Renzo officially announced that it has opened the third quarter airdrop application, and a total of 400 million REZ will be airdropped, accounting for 4% of the total supply. During the third quarter event from July 26 to November 30, users who have accumulated more than 1,000 points can receive the airdrop, and the total number of airdrop addresses is 81,684.

ai16z: v 0.1 is coming soon, Eliza will write code on her own

According to official news, the ai16z team is about to launch v 0.1 of the github adapter and conduct a POC demonstration on the ai16z Dao repository itself. The agent will submit to Eliza through the github adapter, using the repository as context. From then on, the AI agent will read and reflect autonomously.

ai16z partner Shaw said that Eliza will write code independently, and the team will only be responsible for reviewing and organizing it.

Binance Alpha announces first batch of projects: KOMA, Cheems, APX, ai16z, and AIXBT

Binance Alpha announces the first batch of projects: KOMA, Cheems, APX, ai16z and AIXBT.

Binance Alpha announces second batch of projects: CKP, GEAR, SD, SYRUP and Fartcoin

According to official news, Binance Alpha announced the second batch of projects, namely: CKP, GEAR, SD, SYRUP and Fartcoin.

Kelp DAO announces KERNEL token economics, 20% of total tokens for airdrop

The re-staking project Kelp DAO announced the KERNEL token economics on the X platform. The specific token distribution is as follows:
-55% for community rewards and airdrops: 20% for airdrops; 35% for future community rewards.
-5% Ecosystem and Partners.
-20% Private Sale.
-20% Team and Advisors.

Investition und Finanzierung

Plume Completes $20 Million Series A Funding

Plume, a fully modularized integrated Layer-1 blockchain focused on real-world asset finance (RWAfi), announced today that it has completed a $20 million Series A financing round. This round of financing was jointly invested by Brevan Howard Digital, Haun Ventures, Galaxy Ventures and Lightspeed Faction, and Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, Reciprocal Ventures and other institutions participated in the investment.

Lens developer Avara completes $31 million in new round of financing, led by Lightspeed Faction

Avara, the development company behind Aave, Lens and Family, announced the completion of a new round of financing of US$31 million, led by Lightspeed Faction, with participation from Alchemy, Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re 7 and Wintermute Ventures, as well as a group of angel investors.

Charakter*Stimme

He Yi: BNB Chain ecological projects will be the focus of Binance Alpha observation

In todays Binance AMA event, Binance co-founder He Yi said that the listing of projects on Binance Alpha does not mean that they will be listed on the Binance platform in the future; BNB Chain ecosystem projects will be the focus of Binance Alphas observation, because the BNB Chain ecosystem currently has a large amount of traffic and many hot projects.

Arthur Hayes: The market is expected to plummet around January 20, and Maelstrom will reduce his position in advance

Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, said at the end of his latest article that the cryptocurrency market will experience a painful crash around Trumps inauguration on January 20, 2025, before entering the crash phase of the bull market. Maelstrom (Arthur Hayes fund) will reduce certain positions in advance and hopes to pick them up again at a lower price sometime in the first half of 2025.

Arthur Hayes added: If the market breaks out around January 20, we will admit that we were wrong and will lick our wounds and get back on board.

Galaxy Research: NFT market is recovering as trading volume surges

Galaxy Research said in a report on Monday that the NFT market is showing signs of recovery. The NFT market began to recover in November after the US election and the subsequent rebound in the cryptocurrency market. The report pointed out that the weekly trading volume of NFTs exceeded $100 million in early November for the first time since May, and reached $172 million on December 2; the recovery was mainly driven by the increase in activity of the top 25 NFT collections by market value, and the participation of major market platforms such as OpenSea, Blur and Magic Eden also increased.

MicroStrategy co-founder: New purchase plan will be implemented if necessary

MicroStrategy co-founder Michael Saylor: New purchase plans will be implemented if necessary. Refused to comment on whether to meet with US President-elect Trump. If invited, would consider serving as a member of the advisory board.

This article is sourced from the internet: 24H Hot Coins and News | The Federal Reserve cut interest rates by 25 basis points and expects to cut interest rates twice in 2025 (12.19)

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