December 4, Overview of major US news from last night and this morning:
1. US November ADP employment change: -32,000, expected: 10,000. After the ADP data was released, the probability of a 25 basis point Fed rate cut in December dropped slightly to 88.8%. 2. According to sources, Trump’s aides and allies are discussing a personnel arrangement: if Trump appoints Hassett as the next Fed Chair, current Treasury Secretary Bessant may also serve as Director of the White House National Economic Council. 3. US Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the "Crypto Market Structure Bill" is about to pass. 4. Polymarket has officially returned to the US market and launched a US version of its app. 5. Franklin Solana spot ETF is now listed and trading. $BTC $ETH
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December 4, Overview of major US news from last night and this morning:
1. US November ADP employment change: -32,000, expected: 10,000. After the ADP data was released, the probability of a 25 basis point Fed rate cut in December dropped slightly to 88.8%.
2. According to sources, Trump’s aides and allies are discussing a personnel arrangement: if Trump appoints Hassett as the next Fed Chair, current Treasury Secretary Bessant may also serve as Director of the White House National Economic Council.
3. US Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the "Crypto Market Structure Bill" is about to pass.
4. Polymarket has officially returned to the US market and launched a US version of its app.
5. Franklin Solana spot ETF is now listed and trading. $BTC $ETH