Odaily Planet Daily reports that Charlie Ripley, Vice President of Portfolio Management at Allianz Investment Management, stated in a report that Federal Reserve Chairman Jerome Powell and his team are in a difficult position, as they must continue to find a balance between their dual mandates of employment and inflation. Ripley stated, "Looking ahead, this is likely Chairman Powell's last rate cut. While we are not yet back to neutral in terms of interest rates, we can say that substantial progress has been made in curbing inflation." He pointed out that whoever is the next Fed chairman will face the same challenging balancing act, especially given the continued strong hawkish expectations for a policy stance following the rotation of voting members. (Jinshi)

According to an official announcement, BitMart will launch Almanak (ALMANAK) on December 11th at 21:00 (UTC+8), with the ALMANAK/USDT trading pair available. Almanak is a groundbreaking AI-native, non-custodial ecosystem reshaping the future of quantitative finance through verifiable, autonomous multi-agent intelligence. Designed for the convergence of artificial intelligence and decentralized finance, the platform enables users, developers, and institutions to easily design, optimize, and deploy complex trading and asset management strategies across chains and centralized markets. Through its core innovations—the Almanak AI swarm, strategy infrastructure, and ERC-7540 tokenized AI vault—Almanak provides users with an institutional-grade environment where intelligent agents collaboratively research, program, test, and execute deterministic financial strategies in just minutes. By transforming strategies into composable tokenized products, Almanak unlocks a unified layer, facilitating yield, liquidity, and capital coordination, and driving the broader DeFi economy.

Huoxun Finance reported on December 11th that Ethereum co-founder Vitalik Buterin posted on the X platform: "I am very impressed with Fileverse, a decentralized open-source encrypted document tool. More vulnerabilities are being fixed every month, and recently it has finally reached a point where I can confidently publish documents for others to comment on or collaborate on, with minimal issues. I believe there are more successful examples of its operation than people realize, and Fileverse also has the advantage of being much less reliant on network effects."

Huoxun Finance News, December 11th - According to DLNews, the UK Financial Conduct Authority (FCA) announced that stablecoins pegged to fiat currencies (such as the US dollar or British pound) will be a major focus of future regulation. This move is part of a broader initiative by the UK to promote economic growth, which also includes digitizing financial services, enhancing international trade competitiveness, and expanding lending to small businesses. In a statement to UK Prime Minister Keir Starmer, FCA CEO Nikhil Rathi wrote that the FCA plans to "finalize digital asset rules and advance progress on UK-issued sterling stablecoins" by 2026. Rathi stated, "We will continue to take greater risks to support economic growth while remaining committed to protecting consumers and ensuring market integrity." Rathi also stated that in addition to advancing AI application cases, the agency is prioritizing the migration of traditional assets to blockchain. He said, "We will also enable our world-leading asset management industry to tokenize its funds, thereby improving efficiency and competitiveness."

Odaily Planet Daily reports that trader Banmu Xia wrote that BTC also saw a surge in the early morning, but the magnitude was insufficient. It now appears that the rise from $80,500 is a leading wedge pattern. Under the overall trend of a large wave 4 correction, this leading wedge pattern is highly likely to be wave a, therefore the current correction should not exceed the $93,100-$83,800 range. The current correction is approaching the 0.382 Fibonacci retracement level, and there is a possibility that it is ending. Meanwhile, $89,000-$90,000 is a relatively strong support level. The market's target for the next month's rise is $103,500-$112,500. The process is still likely to be very volatile.