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HTX data showed that ETH fell below 3000  USDT and is now at 2993.93 USDT, with a decrease of 4.65% in 24H.

[ETH fell below 3000  USDT] HTX data showed that ETH fell below 3000  USDT and is now at 2993.93 USDT, with a decrease of 4.65% in 24H.

ETH fell below 3000  USDT

according to economists surveyed, Federal Reserve officials are expected to vote next week to cut interest rates again to guard against the rising risk of a sharp deterioration in the labor market. The median of respondents shows that the Fed is expected to implement two more 25 basis point rate cuts within the year starting from March 2026. Next week's rate cut will continue the momentum of rate cuts from the policy meetings in September and October. A considerable majority also expect Fed officials to once again reiterate the statement that "the downside risks to employment have increased in recent months," as they did in October. The Federal Reserve will announce its decision at 2 PM Washington time on December 10, followed by a press conference held by Chairman Jerome Powell.

[Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.]according to economists surveyed, Federal Reserve officials are expected to vote next week to cut interest rates again to guard against the rising risk of a sharp deterioration in the labor market. The median of respondents shows that the Fed is expected to implement two more 25 basis point rate cuts within the year starting from March 2026. Next week's rate cut will continue the momentum of rate cuts from the policy meetings in September and October. A considerable majority also expect Fed officials to once again reiterate the statement that "the downside risks to employment have increased in recent months," as they did in October. The Federal Reserve will announce its decision at 2 PM Washington time on December 10, followed by a press conference held by Chairman Jerome Powell.

Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

HTX data showed that XMR broke through 400  USDT and is now at 400.01 USDT, with a decrease of 1.22% in 24H.

[XMR broke through 400  USDT] HTX data showed that XMR broke through 400  USDT and is now at 400.01 USDT, with a decrease of 1.22% in 24H.

XMR broke through 400  USDT

&nbsp;CEO of the US-listed company Exodus predicted in an interview with CNBC that the price of Bitcoin will reach $200,000 in 2026.

[Exodus CEO predicts Bitcoin will reach $200,000 by 2026.]&nbsp;CEO of the US-listed company Exodus predicted in an interview with CNBC that the price of Bitcoin will reach $200,000 in 2026.

Exodus CEO predicts Bitcoin will reach $200,000 by 2026.

Atlanta Fed's GDPNow model forecasts the US third quarter GDP growth rate at 3.5%, previously estimated at 3.8%.

[The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.5% in the third quarter.]Atlanta Fed's GDPNow model forecasts the US third quarter GDP growth rate at 3.5%, previously estimated at 3.8%.

The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.5% in the third quarter.

&nbsp;major US tech stocks collectively rise, Intel up over 5%, Micron Technology and AMD up over 4%, Broadcom and TSMC up over 2%; Netflix reverses to gain, initially down over 4% in early trading.

[US tech stocks rose across the board.]&nbsp;major US tech stocks collectively rise, Intel up over 5%, Micron Technology and AMD up over 4%, Broadcom and TSMC up over 2%; Netflix reverses to gain, initially down over 4% in early trading.

US tech stocks rose across the board.

SoftBank is reportedly in talks to acquire the asset management company DigitalBridge.

[SoftBank is reportedly in talks to acquire asset management company DigitalBridge.]SoftBank is reportedly in talks to acquire the asset management company DigitalBridge.

SoftBank is reportedly in talks to acquire asset management company DigitalBridge.

&nbsp;Liquid Capital posted on platform X: "After the Ethereum Fusaka upgrade, the blob base fee surged 15 million times. The core reason is the new blob fee 'floor mechanism' introduced by EIP-7918 — previously, the blob fee had no minimum limit and was stuck at 1 wei (almost free) for a long time, causing nodes to bear costs like KZG verification without reasonable returns; after the upgrade, the blob fee must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring to the real network cost. This design allows the price to reflect actual resource consumption (avoiding L2 free usage of network resources), adjusts blob traffic through price fluctuations to prevent congestion, and the PeerDAS technology increases blob storage capacity; additionally, blob fees are included in the ETH burning mechanism. It is estimated that in the future, 8 times more ETH may be burned, potentially contributing 30-50% of the total burn volume by 2026 (depending on L2 transaction growth)."

[Yi Lihua: Ethereum Fusaka upgrade caused blob base fees to surge by 15 million times.]&nbsp;Liquid Capital posted on platform X: "After the Ethereum Fusaka upgrade, the blob base fee surged 15 million times. The core reason is the new blob fee 'floor mechanism' introduced by EIP-7918 — previously, the blob fee had no minimum limit and was stuck at 1 wei (almost free) for a long time, causing nodes to bear costs like KZG verification without reasonable returns; after the upgrade, the blob fee must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring to the real network cost. This design allows the price to reflect actual resource consumption (avoiding L2 free usage of network resources), adjusts blob traffic through price fluctuations to prevent congestion, and the PeerDAS technology increases blob storage capacity; additionally, blob fees are included in the ETH burning mechanism. It is estimated that in the future, 8 times more ETH may be burned, potentially contributing 30-50% of the total burn volume by 2026 (depending on L2 transaction growth)."

Yi Lihua: Ethereum Fusaka upgrade caused blob base fees to surge by 15 million times.

spot gold rose to $4250/ounce, up about 1% intraday.

[Spot gold touched $4,250 per ounce, up about 1% on the day.]spot gold rose to $4250/ounce, up about 1% intraday.

Spot gold touched $4,250 per ounce, up about 1% on the day.

On December 5, according to Bloomberg, the lower house of the Polish parliament failed to achieve the three-fifths majority needed on Friday to override President Nawrocki's veto.

[The Polish lower house failed to overturn the president's veto of the crypto asset bill.]On December 5, according to Bloomberg, the lower house of the Polish parliament failed to achieve the three-fifths majority needed on Friday to override President Nawrocki's veto.

The Polish lower house failed to overturn the president's veto of the crypto asset bill.

Europe’s Largest Asset Manager Debuts First Ethereum-Based Tokenized Fund

Ripple Reveals How It’s Hijacking A $16 Trillion Industry Using The XRP Ledger

XRP ETFs Have Overtaken Bitcoin And Ethereum In Inflows – Here Are The Numbers

Ethereum Network Fatigue? Monthly On-Chain Transactions Drops As Activity Slows Down

The Polish lower house failed to overturn the president's veto of the crypto asset bill.

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