Federal Reserve's Waller: Job Market Signals Fed Should Keep Cutting Rates
**Fed’s Waller: U.S. Job Growth Near Zero; AI’s Labor Impact Uncertain**
Dec. 17 — Federal Reserve Governor Christopher Waller said U.S. job growth is currently near zero, while the impact of artificial intelligence on the labor market remains uncertain. He noted the 2026 job market could improve, driven by productivity gains.
Waller added inflation is not expected to reaccelerate, and the labor market signals the Fed should keep cutting interest rates. The central bank can act at a moderate pace without taking drastic steps, he said. (FX168)
5 minutes ago
「Buddy」 Makes a Comeback, Opening Another 25x Long on Ethereum and a 10x HYPE Long
On December 17th, per monitoring from HyperInsight (link: https://t.me/HyperInsight), Huang Licheng—nicknamed "Buddy"—opened new leveraged long positions after facing multiple liquidations:
- 25x leveraged long on 4,550 ETH, entry price $2,940.6, liquidation price $2,735.3, current unrealized loss: $86,000;
- 10x leveraged long on 15,888.88 HYPE, entry price $27.60, current unrealized loss: $4,000.
5 minutes ago
Fed's Powell: Job Market Very Weak, Rate Cut Would Help Job Market
On December 17, Federal Reserve Governor Waller stated the labor market is very weak and current job growth is not ideal, adding that Fed rate cuts support the labor market.
Inflation remains above the Fed’s target but is expected to ease in the coming months, with inflation expectations well-anchored. (Source: Forex Live)
5 minutes ago
The DTCC is pushing for on-chain US Treasury bonds, with Wall Street's clearing system initiating the tokenization of government bonds.
December 17 — The Depository Trust & Clearing Corporation (DTCC), the U.S. securities market’s core infrastructure operator, announced plans to tokenize U.S. Treasury bonds and list them on a blockchain — a key milestone for Wall Street’s multi-trillion-dollar trading ecosystem in adopting distributed ledger technology (DLT).
DTCC will enable a subset of U.S. Treasury bonds held by its subsidiary, the Depository Trust Company (DTC), to be minted as on-chain assets on the Canton Network (a permissioned blockchain built by Digital Asset). The firm intends to eventually expand the initiative to a wider array of eligible securities.
The project has secured a rare three-year no-action letter from the U.S. Securities and Exchange Commission (SEC), confirming the regulator will refrain from enforcement action as long as the initiative operates as planned. Initial eligible assets include U.S. Treasury bonds, select ETFs, and securities tied to the Russell 1000 Index.
The group plans t
5 minutes ago
Securitize plans to launch a fully on-chain US stock trading platform in early 2026.
On December 17, tokenization services provider Securitize announced plans to launch what it’s calling the first fully compliant, fully on-chain platform for trading actual public company stocks in early 2026—further bridging traditional financial markets with Web3 infrastructure.
Per the announcement, the platform will let investors directly hold real, on-chain issued and registered public company shares and trade them via a blockchain interface. Unlike “synthetic stocks”—which only track share prices via derivatives or offshore structures—Securitize’s model offers full legal ownership: shares are issued directly by the issuing company and recorded in the official shareholder register.
Securitize noted that on-chain shareholders will retain full shareholder rights—including dividends and voting rights—with users self-custodying their assets. This eliminates the risk of intermediaries privately rehypothecating shares. However, due to compliance rules, those assets can only be tran
5 minutes ago
Moon Pursuit Capital Launches $100M Crypto Fund
On December 17, cryptocurrency investment firm Moon Pursuit Capital announced the launch of its second fund—a $100 million market-neutral crypto fund focused on delivering stable, risk-adjusted returns across all crypto market cycles.
The fund uses an algorithmic trading strategy to maintain market neutrality, capturing alpha returns without taking directional bets on crypto prices. Two key enhancements support this core approach:
1) Allocating to Bitcoin when the firm identifies perceived cycle bottoms;
2) Short-term altcoin trading during high-momentum phases to boost overall returns and preserve a higher Sharpe ratio through market drawdowns.
The launch is backed by the strong performance of Moon Pursuit’s first fund. To date, the inaugural fund has returned over 52% year-to-date (YTD) and nearly 170% since its April 2024 launch, with current assets under management (AUM) at approximately $30 million and continuing to expand.
5 minutes ago