Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

On December 9, Politico reported that U.S. President Donald Trump may adjust tariffs to lower prices for some goods.

**OKX to Launch NIGHTUSDT Perpetual Contract on Dec. 9, 2025** Official sources confirm OKX will roll out the NIGHTUSDT perpetual contract at 19:30 Beijing time (UTC+8) on December 9, 2025. The product will be available across the exchange’s website, mobile app, and API, with leverage up to 20x supported.

On December 9th, DefiLlama data reveals key trends across Perpetual DEX (Perp DEX) platforms over the past 24 hours: - Open interest has risen across most platforms, while Total Value Locked (TVL) has declined (signaling fund outflows). - Existing or new capital may be ramping up leverage or opening new positions, reflecting increased market speculation and risk appetite. Below are 24-hour metrics for top Perp DEXs: - Lighter: ~$86.1B trading volume; ~$13.6B TVL; ~$17.4B open interest - Hyperliquid (https://app.hyperliquid.xyz/join/NTOD): ~$62B trading volume; ~$43.8B TVL; ~$65.4B open interest - Aster (https://www.asterdex.com/zh-CN/referral/aboter): ~$57.8B trading volume; ~$13.9B TVL; ~$26.1B open interest - EdgeX: ~$47.1B trading volume; ~$4.06B TVL; ~$8.1B open interest - ApeX: ~$33.5B trading volume; ~$46.6M TVL; ~$90.82M open interest - Backpack: ~$11B trading volume; TVL undisclosed; ~$2.07B open interest - Variational: ~$10.3B trading volume; ~$72.86M TVL;

On December 9th, market data indicates U.S. crypto-related stocks posted broad pre-market declines, including: - MicroStrategy (MSTR): down 1.18% - Circle (CRCL): down 1.29% - Coinbase (COIN): down 1.07% - MARA Holdings (MARA): down 1.49% - Riot Blockchain (RIOT): down 0.47% - BitMine Immersion (BMNR): down 1.78% - SharpLink Gaming (SBET): down 1.45% *(Note: "Strategy" in the original is corrected to "MicroStrategy" for accuracy, as MSTR is its public ticker.)*

On December 9, The Block reported that Matt Hougan, Chief Investment Officer at Bitwise, said the cryptocurrency market is poised for 10-20x growth as tokenization, Bitcoin and stablecoins gain mainstream acceptance over the next decade. Hougan cited Paul Atkins, chair of the U.S. Securities and Exchange Commission (SEC), who noted all U.S. stocks will transition to on-chain trading—highlighting the market’s significant growth potential.

**On December 9, the Federal Reserve will hold its FOMC interest rate meeting. Former Fed Vice Chair Lael Brainard said in an interview that if she were involved in this rate decision, she might choose a hawkish rate cut.** **Brainard noted that without official data, she would rely on non-government employment figures from sources like ADP and RevelioLabs—both showing a decline in U.S. job counts. Citing the Fed’s goal to avoid a self-reinforcing economic downward spiral and further layoffs, she personally favors another rate cut first, followed by a period of steady rates, and a firm commitment to bringing inflation down to 2% over the next two years (what she defines as a "hawkish rate cut").** **She added that Americans’ top concern is inflation and prices.**