Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

**Fed Cuts Rates 25bps for Third Consecutive Meeting; Hints at Pause Amid Internal Divisions** The Federal Reserve announced a 25-basis-point rate cut early Dec 11 Beijing time (3:00 AM) as scheduled, lowering its benchmark interest rate to a range of 3.50%-3.75%. This marks the third consecutive cut, with a cumulative 75bps reduction so far this year—aligning with market expectations. The Fed’s dot plot forecast projects 25bps rate cuts in both 2026 and 2027. Wall Street Journal reporter Nick Timiraos, often dubbed the “Fed Whisperer,” noted in his latest article that while officials delivered the third cut, they face significant concerns over inflation and the labor market, plus unusual internal divisions. As a result, policymakers have hinted at a lack of willingness to continue cutting rates. Fed Chair Jerome Powell said in his speech that the labor market is gradually cooling, while inflation remains slightly elevated with upside risks. September labor data showed a sl

On December 11th, per Onchain Lens monitoring, the U.S. government transferred 1,934 WUSDT (valued at roughly $6.43 million) and 13.58 million BUSD from assets seized from FTX Alameda to a new wallet address.

On December 11th, the cryptocurrency Fear & Greed Index is at 29 (up from 26 yesterday) based on alternative data. It currently sits in the "Fear" zone and has reached a one-month high. Note: The Fear & Greed Index spans 0–100, with components including: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Sentiment (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

**December 11** Per HyperInsight monitoring, the "1011 Insider Whale" once again boosted its ETH long position significantly between 1:32 a.m. and 2:32 a.m. Beijing time today, adding a total of 20,000 ETH. The whale’s current 5x-leveraged ETH long position stands at 100,985 ETH—valued at roughly $3.35 billion. It holds an unrealized profit of $17.05 million (+25.45%), with an average entry price of $3158 and a liquidation price as low as $2015.

Per Onchain Lens monitoring on December 11, the BitMine address has received 33,504 ETH (valued at ~$112 million) from the FalconX address across two transactions: one 5 hours ago, the other 1 hour ago.

**December 11: Fed’s Powell Flags Labor Risks, Downplays Inflation—Dollar Hits 3-Month Low** The U.S. Dollar Index closed 0.4% lower Wednesday, its biggest drop since September 16 (when the Fed delivered a 25-basis-point rate cut), after Fed Chair Jerome Powell emphasized labor market risks and downplayed inflation concerns in a speech. Bank of America strategist Alex Cohen said: “Powell’s labor market outlook is less optimistic than prior projections.” He added the Fed chief’s comments on labor and inflation drove the dollar’s decline. Macro strategist Edward Harrison noted: “As the Fed’s stance diverges from the growing hawkishness of global central banks, the weaker dollar should take cues from bond and rate differential trends.” *Source: FXStreet*