News

Market Overview

The Fed’s Waller has called for a December rate cut, citing that economic growth is ‘likely slowed’ in the latter half of 2025, which could have implications for interest rate expectations.
The European Commission has raised its economic growth outlook for the euro area to 1.3 percent from 0.9 percent, driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets.
China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims.

US Spot ETF Flows

US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary

• In a Monday filing with the US Securities and Exchange Commission, Michael Saylor’s Strategy reported it acquired 8,178 Bitcoins for about $835 million.
• Cboe Global Markets will launch 10-year Bitcoin and Ether “Continuous Futures” on December 15 with daily cash adjustments mimicking perpetual futures economics, trading 23 hours a day five days a week pending regulatory approval and cleared through Cboe Clear US with CFTC-aligned margin rules, as the crypto futures market shows $767 billion in open interest on perpetuals according to CoinMarketCap, following the Trump administration’s shift toward allowing crypto-derivatives offerings and the CFTC’s April request for public feedback on perpetual derivatives.
• ETH price falls below $3,000 for the first time since July.
• Over 148,000 bitcoin were sold at a loss on Friday by short-term holders according to CryptoQuant data.
• Amina Bank secures a license to expand institutional crypto services in Hong Kong by the first half of 2025, amidst a 233% surge in crypto trading volumes.