Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

On December 3, OnchainLens monitoring data shows a whale suspected of being linked to Ethena Labs recently received 46.79 million ENA from Bybit, worth approximately $12.78 million at current prices. Of this sum, 21.79 million ENA (around $5.23 million) came from funds the entity withdrew from Coinbase three and a half months ago. The whale currently holds a total of roughly 451.94 million ENA, with an estimated market value of about $121.8 million.

**Jupiter Unveils HumidiFi ICO Rules for Dark Pool DEX (Dec 3 Announcement)** Per official updates, Jupiter announced the initial coin offering (ICO) rules for its dark pool decentralized exchange (DEX) HumidiFi via social media on December 3. The ICO proceeds in three rounds—all first-come, first-served (FCFS), with sales ending immediately once quotas are filled. --- ### **Whitelist Round** - **Quota**: 60M WET (6% of total supply) - **Price**: $0.05/WET (Fully Diluted Valuation: $50M) - **Purchase Limit**: Tiered - **Timeline**: - Starts: Dec 3, 10 a.m. Eastern Time (ET) - Ends: Dec 3, 10 p.m. ET (or earlier if quota filled) ### **JUP Stakers Round** - **Quota**: 20M WET (2% of total supply) - **Price**: $0.05/WET (Fully Diluted Valuation: $50M) - **Purchase Limit**: Tiered - **Timeline**: - Starts: Dec 3, 10 p.m. ET - Ends: Dec 4, 10 a.m. ET (or earlier if quota filled) ### **Public Sale Round** - **Quota**: 20M WET (2% of total supply

Official sources confirm Coinbase will add Humidifi (WET), zkPass (ZKP), Plume (PLUME), Hyperlane (HYPER), and Jupiter (JUPITER) to its listing roadmap on December 3rd.

On December 3rd, per Onchain Lens monitoring, a newly created wallet received 18,345 ETH from BitGo two hours prior—valued at $55.25 million. The address is believed to be associated with BitMine.

**December 3rd** U.S. President Trump said during last night’s cabinet meeting he may announce his Federal Reserve Chair nominee early next year, adding Treasury Secretary Besent does not want the role. Trump noted he has reviewed 10 Fed candidates, with only one final contender remaining. Subsequently, Trump introduced Hassett at a White House event, stating the potential Fed chair was “right here.” He also reiterated his criticism of Fed Chair Powell, saying even JPMorgan Chase CEO Jamie Dimon has argued Powell should lower interest rates.

On December 3, per HTX market data, the crypto market rebounded broadly in an uptrend as Bitcoin surged past $91,000. Notable 24-hour gains among altcoins include: - PENGU: Trading at $0.0122, up 25.79% - SUI: Trading at $1.63, up 20.97% - WIF: Trading at $0.4, up 17.05% - PUMP: Trading at $0.00325, up 15.98% - SSV: Trading at $3.76, up 14.76% - ZRO: Trading at $1.428, up 13.6%