Bitget Daily Digest (Dec. 10)｜13.8 billion LINEA tokens unlock today; Trump will begin the final round of interviews for the next Federal Reserve Chair this week

Bitget2025/12/10 02:38

By:Bitget

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Today’s Outlook

1、Cathie Wood: Bitcoin is entering a new phase with smaller pullbacks; institutional adoption may help prevent steep price declines.

2、The U.S. Senate version of the crypto market structure bill is expected to be released this week, with hearings and a vote scheduled for next week.

3、US SEC Chair hints that key crypto regulatory priorities will proceed rapidly at the start of the new year, saying “the real action is yet to come.”

4、Trump: May reduce tariffs on certain goods; immediate rate cuts will be the “litmus test” for the new Fed Chair.

Macro & Hot Topics

1、The U.S. Bureau of Labor Statistics confirms December inflation and employment data will be released in January next year.

2、Trump will begin the final round of interviews for the next Federal Reserve Chair this week.

3、Hassett: The Federal Reserve has ample room for significant rate cuts.

Market Performance

1、In the past 24 hours, the total crypto market saw $432 million in liquidations, including $308 million from short positions. BTC liquidations amounted to $170 million, and ETH liquidations reached $136 million.

2、U.S. stocks: Dow Jones fell 0.38%, S&P 500 was flat at +0.09%, Nasdaq rose 0.13%. Additionally, Nvidia (NVDA) moved +0.31%, Circle (CRCL) rose 5.86%, and Strategy (MSTR) rose 2.89%.

Bitget Daily Digest (Dec. 10)｜13.8 billion LINEA tokens unlock today; Trump will begin the final round of interviews for the next Federal Reserve Chair this week image 0

3、Bitget BTC/USDT liquidation map shows: the current BTC price range (~$92,000–$93,000) is a high-density long liquidation zone, with long leverage dropping sharply, indicating concentrated long risk. In the upward zone (above $95,000), short leverage accumulates rapidly, signaling strong short liquidation pressure if price breaks higher.

4、In the past 24 hours, BTC spot inflows were about $142 million, while outflows were about $161 million, resulting in a net outflow of $19 million.

News & Updates

1、Bitcoin treasury firm Twenty One saw its stock drop 20% following its merger with Cantor Equity. 2、US SEC Chair: Many types of crypto ICOs fall outside the SEC’s jurisdiction.

3、Data: Corporate Bitcoin treasuries have grown over 448% in two years, with total holdings surpassing 1.08 million BTC.

4、The Information: ChatGPT weekly active users are approaching 900 million.

Project Developments

1、Nicholas Financial Corporation has filed with the SEC to launch a Bitcoin ETF that only holds BTC overnight, fully avoiding U.S. trading hours.

2、RWA tokenization network Real Finance announced a $29 million private funding round.

3、Strive launched a $500 million SATA stock ATM financing plan, with part of the proceeds allocated to Bitcoin purchases.

4、Ethena Labs withdrew 1.59 billion ENA (worth about $443 million) from Coinbase Prime.

5、Octra will conduct a $20 million public token sale on Sonar on December 18 at a $200 million valuation.

6、TRUMP official team: A mobile game using TRUMP tokens, “Trump Billionaires Club,” will be launched.

7、Legacy privacy project Horizen relaunches as a Layer 3 network on Base.

8、Standard Chartered lowers its Bitcoin 2025 target to $100,000 and pushes its long-term forecast to 2030.

9、Yesterday, an Ethereum Foundation–linked address deposited 5,748 ETH to Kraken.

10、Linea (LINEA) will unlock approximately 1.38 billion tokens today at 7 PM (UTC+8), equal to 6.67% of circulating supply, valued at about $11.1 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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