News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest (Dec. 16)|Crypto market sees $508 million in long liquidations over 24 hours; Hassett faces opposition from Trump-aligned senior figures in Fed chair contest2Bitget US Stock Morning Report | US Stocks Fluctuate and Retreat, Tesla Hits New High for the Year, Fed Shows Strong Economic Confidence, Non-farm Payrolls to be Released Tonight, Commodity Prices Fluctuate Violently3Bitcoin sees ‘pure manipulation’ as US sell-off liquidates $200M in an hour
Flash
- 20:29Marshall Islands launches first on-chain universal basic income projectThe Marshall Islands has launched its first on-chain universal basic income project. The initiative is supported by the Stellar blockchain. (CoinDesk)
- 20:25Bostic: The Federal Reserve should continue to focus on inflation, expects inflation to remain above 2.5% by the end of 2026ChainCatcher News, according to Golden Ten Data, the soon-to-retire Atlanta Fed President Bostic stated in an article on Wednesday that the Federal Reserve should continue to focus on addressing inflation, and he expects elevated price pressures to persist for most of next year. He favors keeping interest rates unchanged at the December policy meeting and suggests maintaining this level throughout 2026, citing that economic tailwinds may continue to exert upward pressure on inflation. He anticipates that even by the end of 2026, inflation will remain above 2.5%.
- 20:10Fed's Bostic: 2026 dot plot projection does not include rate cutsFederal Reserve's Bostic stated that no rate cuts were included in the 2026 dot plot forecast, believing that the economy will perform more strongly with a GDP growth rate of around 2.5%, and therefore policy needs to remain restrictive.
News