Bitget Daily Briefing (December 15) | Hasset emphasizes the independence of the Federal Reserve, stating that Trump's opinion "carries no weight"; the non-farm "bi-monthly report" will reveal employment divergence, and the Federal Reserve faces a sharper choice between inflation and employment; Bitcoin OG increases ETH long positions, with total holdings valued at $676 million

Today's Outlook

1. The Guardian: The UK Treasury is drafting new regulations to bring cryptocurrencies under the Financial Conduct Authority (FCA) regulatory framework starting in 2027, aligning them with other financial products.

2. Hassett emphasizes the independence of the Federal Reserve, stating that Trump's opinions "carry no weight."

3. Bitwise advisor: The market structure for Bitcoin is unfavorable for an upward trend, with current implied volatility suppressed.

4. The Berachain liquid staking protocol Infrared will conduct its TGE on December 17.

Macro & Hot Topics

1. Jinshi: The U.S. non-farm payroll report to be released this Tuesday will include data for October and November, providing policymakers and investors with a more complete picture of the U.S. labor market, ending months of partial uncertainty. After a sharply divided meeting this week, the Federal Reserve lowered interest rates to a three-year low, with several officials dissenting, focusing on whether to prioritize high inflation or a weak job market. Citigroup economists point out that the upcoming employment report may release more conflicting signals. The bank expects a reduction of about 45,000 jobs in October, but an increase of 80,000 in November. Citigroup economists state that this rebound may be more related to seasonal data adjustments rather than a "real improvement in worker demand." They also predict the unemployment rate will rise from 4.4% to 4.52%, while a Reuters survey of economists shows an unemployment rate of 4.4%. The Federal Reserve's own quarterly forecast indicates a median unemployment rate of about 4.5% by the end of this year.

2. Cointelegraph reports that some macro analysts believe that if the Bank of Japan raises interest rates as expected on December 19, Bitcoin may further pull back to the $70,000 level. Analyst AndrewBTC tracks historical data and notes that every rate hike by the Bank of Japan since 2024 has been accompanied by a drop in Bitcoin prices of over 20%, such as a decline of about 23% in March 2024, about 26% in July 2024, and about 31% in January 2025. If the Bank of Japan raises rates next week, similar downside risks may reappear. Glassnode co-founder analyzes the impact of Japan's rate hike, believing that Bitcoin will thrive after policy pressure.

3. Analyst Ali Martinez: The market is closely watching several macro data points this week; if BTC falls below $86,000, a larger pullback may occur.

4. Michael Saylor releases Bitcoin Tracker information again, with potential disclosures of increased holdings this week.

Market Trends

1. In the past 24 hours, the cryptocurrency market experienced liquidations totaling $280 million, with $234 million in long positions liquidated. BTC liquidations amounted to $103 million, and ETH liquidations were $55 million.

2. U.S. stocks: Dow Jones -0.51%, S&P 500 -1.07%, Nasdaq Composite -1.69%. Additionally, Nvidia (NVDA) -3.27%, Circle (CRCL) -5.76%, Strategy (MSTR) -3.74%.

3. Bitget BTC/USDT liquidation map shows: The current price level around $89,236 is a critical point for long liquidations, with the downward liquidation pressure for longs mostly released, while the $90,000-$92,000 range has dense short liquidations, creating a clear "upward short squeeze" effect. If the price stabilizes and breaks above $90K, it could trigger a series of high-leverage short liquidations, driving a rapid increase; conversely, if it falls back below $88K, short-term upward momentum will significantly weaken.

4. In the past 24 hours, BTC spot inflows were approximately $182 million, outflows were about $133 million, resulting in a net outflow of $49 million.

News Updates

1. 10x Research: The Bitcoin "four-year cycle" has not disappeared, but the market may no longer anchor to the halving event.

2. Charlie Noyes, the first employee and general partner at Paradigm, resigns.

3. Tom Lee: Bitmine holds about 4% of the total supply of Ethereum and will never sell these ETH.

4. This week, 16 crypto startups raised $176 million, with total investments exceeding $25 billion this year.

5. Analyst Murphy: Long-term holders collectively hold 14.35 million BTC, accounting for about 68.3% of the total supply.

Project Progress

1. Zhao Changpeng responds to rumors of purchasing ASTER: Actual holdings exceed $2 million.

2. The "66kETH lending whale," which spent $1.5 billion to buy 489,696 ETH, has increased its position again during the market correction, purchasing nearly 38,600 ETH within 8 hours.

3. Bitcoin OG increases ETH long positions, total holdings valued at $676 million.

4. A mysterious whale address today converted 317 BTC across chains for 9,105 ETH, valued at approximately $28.15 million. Within 20 days, this whale will have exchanged over 2,289 BTC for over 67,000 ETH.

5. Phantom launches early access to cash debit cards this week, first going live in the U.S.

6. The development team behind YO Protocol, YO Labs, completes a $10 million Series A funding round, led by Foundation Capital.

7. Mind Network announces it holds 1% of the total Pippin token supply as a long-term strategic reserve, while launching an FHE lock-up airdrop incentive program.

8. Data: Tokens like ZRO, ARB, STRK will see significant unlocks this week, with ZRO unlocking valued at approximately $38.6 million.

9. Moonbirds plans to issue the BIRB token in the first quarter of 2026.

10. Arkham monitors that the suspected ZORA team transferred approximately 52.525 million tokens to three new addresses, valued at over $2.6 million.

**Disclaimer: This report is generated by AI, with human verification for information only and not intended as investment advice.