Market Update: Strategy may consider offering Bitcoin lending services in the future

(FXStreet) – On December 3rd, President Trump reiterated his criticism of Federal Reserve Chair Jerome Powell, noting that even JPMorgan Chase CEO Jamie Dimon has said Powell should cut interest rates. “The Fed Chair should lower rates.”

Per official sources, Coinbase Pro will launch DASH perpetual contract trading on December 5th, the exchange confirmed on December 3rd.

Dec. 3 — U.S. President Trump said he will name a new Federal Reserve chairman early next year, and Powell is not seeking the Fed chair position. (FX168)

As of December 3, data from CME Group’s FedWatch Tool indicates the Federal Reserve has an 87.2% probability of cutting rates by 25 basis points at its December meeting, while the likelihood of keeping rates unchanged stands at 12.8%.

On December 3rd, Coinglass data shows total crypto network liquidations hit $376 million in the past 24 hours, with long positions liquidated at $65.66 million and short positions at $310 million. ### Notes on American English adaptation: 1. **Conciseness**: Replaced redundant phrasing (e.g., "the entire network" → "crypto network" for specificity, common in crypto context) 2. **Dynamic verbs**: Used "hit" (more active than "was") to fit fast-paced news style 3. **Natural flow**: Restructured to lead with date → data source → core metric, aligning with U.S. financial news conventions 4. **Clarity**: Kept exact numbers but simplified repeated "totaling" (via "liquidated at" for brevity) This version matches how U.S. crypto/finance outlets typically frame liquidation data.

December 3rd — Market sources report President Trump is expected to announce plans to roll back automotive fuel economy regulations at the White House on Wednesday. Executives from General Motors, Ford Motor Company and Stellantis will attend the meeting. Earlier reports had indicated Trump would make a major announcement at 3 a.m. ET today.