Indian Parliament Member Introduces "Tokenization Bill," Aiming to Expand Middle-Class Investment Opportunities

December 17 (Tuesday) — U.S. nonfarm payrolls data shows the November unemployment rate rose from 4% during the Trump administration to 4.6%. While the jump is concerning, such increases are not unprecedented historically. Per Wall Street Journal (WSJ) statistics, since 1953, six U.S. presidents have seen an increase in the unemployment rate in the first 10 months of their first term (Trump was in his second term, but terms were non-consecutive). They include: - Eisenhower (2.9% → 3.5%) - Nixon (3.4% → 3.5%) - Ford (5.5% → 8.8%) - Reagan (7.5% → 8.3%) - George W. Bush (4.2% → 5.5%) - Obama (7.8% → 9.9%) Ford took office after Nixon’s resignation, making his data less comparable. Of the other five presidents, all except George W. Bush saw their party lose at least 12 House seats in the subsequent midterm elections. Bush’s 2002 midterms focused on national security (not the economy) due to the 9/11 attacks. Obama faced the biggest setback — calling it a “shellacking” —

Dec. 17 — Spot gold jumped more than 1% intraday, last trading at $4,345.40 an ounce.

Per Lookonchain monitoring, a BlackRock address has just deposited 74,973 ETH (valued at approximately $220.1 million) and 2,257 BTC (valued at approximately $197.6 million) into Coinbase Prime.

Bitget’s CandyBomb kicks off IR and THQ projects on December 17, with a total prize pool of 133,333 IR and 133,333 THQ. Users can earn up to 666 IR or 666 THQ each by completing designated contract trading volume tasks. Full event rules are published on the official Bitget platform. To participate, click the “Join Now” button to sign up. The event wraps up on December 24, 2025.

December 17 — Per BitcoinTreasuries, billionaire Steve Cohen’s hedge fund Point72 Asset Management has acquired 390,666 shares of MicroStrategy (MSTR), the firm known for its bitcoin treasury reserve strategy, in a transaction valued at approximately $65 million.

On December 17, blockchain infrastructure firm Uniform Labs announced the launch of Multiliquid—a 24/7 exchange protocol supporting tokenized money market funds, real-world assets (RWAs), and stablecoins. The company was founded by former executives from Standard Chartered Bank, Intesa Sanpaolo, and other financial institutions. The new protocol aims to let institutions trade around the clock between blue-chip tokenized money market funds and stablecoins, eliminating extended redemption delays and liquidity constraints while supporting USDT and USDC liquidity trading.