AICoin Daily Report (December 16)

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6 hours ago

1. Brother Maji deposits 249,839 USDC into Hyperliquid to increase ETH long position, partial liquidation of ETH long position results in over $22.7 million loss

Brother Maji deposited 249,839 USDC into Hyperliquid to increase a 25x leveraged ETH long position, currently holding 4,800 ETH, valued at $15 million, with a liquidation price of $3,056.8. -Original

2. Federal Reserve's Collins supports interest rate cuts but calls it a difficult decision

Federal Reserve's Collins stated that he supports interest rate cuts as the risk balance changes, but it is a "difficult decision." -Original

3. Federal Reserve's Williams says slowing employment supports interest rate cuts

Federal Reserve's Williams stated that the cooling labor market and easing inflation risks provided justification for the Fed's interest rate cut decision last week. Williams increasingly believes that price increases will continue to slow, and although inflation is "temporarily above" the Fed's target, it may continue to decline as the impact of tariffs is absorbed by the economy next year. Williams noted that while employment conditions have not sharply deteriorated, they are gradually cooling, and these factors supported last week's interest rate cut decision. -Original

4. American Bitcoin, supported by the Trump family, increases holdings by 261 BTC

American Bitcoin, supported by the Trump family, purchased 261 BTC for $23.5 million and currently holds over 5,000 BTC. -Original

5. SEC Chairman says Bitcoin and cryptocurrencies are the world's most advanced financial systems

The SEC Chairman delivered a 4-minute speech stating that Bitcoin and cryptocurrencies are the most advanced financial systems in the world. -Original

6. China's National Data Bureau and two other parties sign memorandum to collaborate on blockchain and other technologies

China's National Data Bureau, the People's Government of Chongqing, and the Infocomm Media Development Authority of Singapore jointly signed a memorandum of understanding on the cooperation to build a new digital land-sea corridor. The three parties will focus on cooperation in digital connectivity, digital technology and innovation, and digital talent exchange and training, encouraging and supporting enterprises and research institutions from both countries to conduct joint research and application cooperation in fields such as artificial intelligence, blockchain, and big data. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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