German Business: Threshold for Another Interest Rate Cut in January Raised
On December 17, the U.S. Dollar Index clawed back losses it had incurred following yesterday’s non-farm payrolls report.
Deutsche Bank analyst Antje Praefcke noted in a research note that while the dollar initially dipped after the data release, markets “haven’t fully bought into the Fed’s hint of potential rate cuts as early as January 2025.” The bar for additional rate cuts appears to have risen, prompting the greenback to reclaim some of its earlier declines.
(Source: FXStreet)
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The Top Address on the Pacifica Profit Leaderboard has a transaction volume of over $1.8 billion, with an expected reward of 700,000 points.
December 17th — Per official data from Pacifica (via app.pacifica.fi/?referral=pacbot), top profit-generating traders have shifted from volume hedging to high-frequency trading focused on betting directions, while also prioritizing point accumulation and account earnings.
A standout address (LmTE1) — the past 30-day top profit holder — currently holds short bets on ETH and BTC, with returns exceeding 100% for both. The address executes high-frequency position opens and closes every minute. Since becoming active on October 4th, it has turned an $800,000 investment into $1.65 million in realized profits, with a trading volume of ~$1.87 billion (ranking 3rd in monthly trading volume). Per X’s trading user analysis, this volume may have earned the address ~730,000 points.
On-chain analytics and copy-trading tool Coinbob has launched Coinbob Pacifica (@CoinbobPAC_bot on Telegram). Users can copy high-frequency traders’ strategies via the tool to earn trading points, prepping for poten
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Coinbase to Release New Product Soon, Base Chain Tokens Experience Price Surge
The Coinbase System Update 2025 product showcase livestream is scheduled for December 18 at 6:00 AM Beijing time, following teasers on December 17. Insiders previously tipped that Coinbase will unveil two new products: a prediction market and tokenized stocks—with the latter developed in-house, not via a partner.
Per GMGN data, the news has driven gains for several Base chain tokens, including:
- REPPO: Over $22M market cap, +42.6% 24-hour gain
- ZORA: Over $520M market cap, +13.7% 24-hour gain
- RUSSELL: Over $6M market cap, +236% 24-hour gain
- RECALL: Over $95M market cap, +8% 24-hour gain
- VPAY: Over $5M market cap, +22.8% 24-hour gain
- COOKIE: Over $9M market cap, +5.4% 24-hour gain
- VIRTUAL: Over $360M market cap, +4.3% 24-hour gain
BlockBeats cautions users: Some of these tokens lack practical use cases, face extreme price volatility, and investing carries significant risk.
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Pump's live coin GBACK hits a record high market cap of $23.8 million, with a 24-hour increase of 53%.
On December 17th, per GMGN’s Telegram monitoring, the meme coin GBACK—promoted again in Pump Live’s broadcast today—surged sharply. It posted a 24-hour gain of 53%, hitting a $23.8 million market cap (a new all-time high) and is currently trading at approximately $0.0238.
Most other coins featured in live stream promotions have market caps under $2 million, with GBACK holding a notable lead.
BlockBeats notes that meme coin trading is extremely volatile, driven largely by market sentiment and hype rather than underlying value or use cases. Investors should be mindful of the associated risks.
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U.S. Senator Introduces Proposed Bill to Establish Federal Task Force to Combat Cryptocurrency Fraud
On December 17, a U.S. senator introduced the “Stop Annoying Foolish Entities Creating Nuisance (SAFE Crypto) Act,” which aims to establish a federal working group tasked with identifying, tracking and combating cryptocurrency fraud.
The panel will include representatives from the Department of the Treasury, law enforcement agencies, financial regulators and private-sector experts.
Its focus areas include: analyzing current digital asset fraud trends, identifying effective prevention methods, providing local law enforcement with improved investigative tools, and boosting public awareness of prevalent cryptocurrency scams.
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Binance will delist AI/FDUSD, BICO/BTC, and other spot trading pairs
On December 17, Binance announced it will delist the following spot trading pairs on December 19, 2025, at 11:00 UTC+8: AI/FDUSD, BICO/BTC, DOLO/BNB, MITO/BNB, MITO/FDUSD, MOVE/BTC, NEWT/BNB, and OM/BTC.
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