Bitpush Daily News Highlights: Fed cuts rates by 25 basis points as expected; Fed to purchase $40 billion in Treasury bills within 30 days; Gemini approved by CFTC to enter prediction market

比推Publicado a 2025-12-10Actualizado a 2025-12-10

Resumen

Federal Reserve cuts interest rates by 25 basis points as expected, bringing the benchmark rate to 3.50%-3.75%. The Fed will purchase $40 billion in Treasury bills over the next 30 days. Gemini receives CFTC approval to enter the prediction market with its new platform, Gemini Titan, initially offering binary contracts and planning to expand into crypto derivatives. State Street Bank and Galaxy Digital announce plans to launch SWEEP, a tokenized liquidity fund on Solana in 2026, using PayPal’s PYUSD stablecoin for redemptions. If SpaceX IPOs at a $1.5 trillion valuation, Elon Musk’s net worth could reach $952 billion. Sei partners with Xiaomi to pre-install a Web3 wallet and app discovery platform on new smartphones outside China and the US, with plans to introduce stablecoin payments in retail by 2026.

Web3 news selected daily by Bitpush editor:

【Fed cuts rates by 25 basis points as expected, meeting market expectations】

Bitpush News: The Federal Reserve has lowered the benchmark interest rate by 25 basis points to 3.50%-3.75%, marking the third consecutive meeting with a rate cut, in line with market expectations. The cumulative rate cut for the year has reached 75 basis points.

【Fed to purchase $40 billion in Treasury bills within 30 days】

Bitpush News: The Federal Reserve FOMC statement announced that it will purchase $40 billion in Treasury bills over the next 30 days.

【Gemini approved by CFTC to enter prediction market】

Bitpush News: U.S. cryptocurrency exchange Gemini announced that it has officially received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM). It will soon launch a prediction market platform called Gemini Titan.

According to the official statement, the platform will initially offer binary contract products based on future events and plans to gradually expand into crypto futures, options, and other CFTC-regulated derivative markets in the future. Gemini President Cameron Winklevoss stated in the declaration that prediction markets have significant development prospects and expressed appreciation for the innovative regulatory approach supported by CFTC Acting Chairman Caroline Pham.

Notably, U.S. regulatory agencies have shown a positive adjustment in their policy stance toward prediction markets. Leading prediction platforms Kalshi and Polymarket have seen significant growth in trading volume, while former President Trump's social media company recently announced a partnership with Crypto.com to develop prediction market business.

In addition to Gemini, mainstream exchanges like Coinbase have also made preliminary布局 in prediction market-related technologies. Industry data shows that prediction market partner Robinhood once contributed over 50% of Kalshi's trading volume.

【State Street Bank and Galaxy to launch tokenized liquidity fund SWEEP on Solana in 2026】

Bitpush News: State Street Bank and Galaxy Asset Management jointly announced plans to launch a tokenized liquidity fund called "SWEEP" on the Solana blockchain in early 2026. The fund will use PayPal's stablecoin PYUSD to enable round-the-clock subscriptions and redemptions, initially targeting qualified institutional investors with on-chain cash management tools. Ondo Finance has committed approximately $200 million as startup capital.

According to the statement, the product aims to help institutions hold on-chain cash-like assets without sacrificing liquidity. Kim Hochfeld, Global Head of Cash and Digital Assets at State Street Bank, stated that this collaboration will "jointly promote the evolution of traditional finance into the on-chain ecosystem."

The fund will initially operate on Solana, with plans to expand to the Stellar and Ethereum networks later. This is another important布局 in institutional-grade on-chain finance following their collaboration on digital asset ETFs in 2024.

【If SpaceX IPOs at a $1.5 trillion valuation, Elon Musk's net worth will reach $952 billion】

Bitpush News: If SpaceX successfully goes public next year with a valuation of $1.5 trillion, global richest person Elon Musk's wealth could increase by $491 billion, bringing his total assets to $952 billion.

According to estimates, if SpaceX goes public with a valuation of $1.5 trillion, Elon Musk's stake in SpaceX would be worth over $625 billion. Currently, Elon Musk's personal net worth is $460.6 billion, with his SpaceX equity valued at approximately $136 billion. Elon Musk holds about 42% of SpaceX's shares. SpaceX's IPO is the second clear path for Elon Musk to become the world's first trillionaire, following last month's approval of Tesla's trillion-dollar compensation package.

【Sei partners with Xiaomi: New phones to pre-install Web3 App, advancing stablecoin payment system】

Bitpush News: Sei announced a major partnership with global consumer electronics giant Xiaomi: All new Xiaomi smartphones sold outside mainland China and the U.S. will come pre-installed with a next-generation加密 wallet and app discovery App based on Sei. Plans are also underway to launch stablecoin payment functionality in Xiaomi's global retail system. Details include:

Pre-installed App: Supports one-click setup with Google/Xiaomi ID, built-in MPC wallet security, access to multiple popular DApps, P2P transfers, and C2B payment capabilities.

Priority markets: Europe, Latin America, Southeast Asia, Africa, and other regions with mature加密 adoption; Xiaomi holds leading market shares in Greece (36.9%) and India (24.2%).

Payment system plan: Developing stablecoin (e.g., USDC) payment functionality, expected to launch first in Hong Kong and the EU in Q2 2026, with gradual expansion to more compliant markets.

Xiaomi's influence: Sold 168 million phones globally in 2024, capturing 13% market share and ranking among the top three globally. Pre-installed apps will cover all new devices and be pushed to existing users.

Sei believes this move will transform加密 from user-initiated seeking to automatic user reach. With sub-second finality and high TPS, Sei can support large-scale consumer-grade Web3 application adoption.


Twitter:https://twitter.com/BitpushNewsCN

Bitpush TG Group:https://t.me/BitPushCommunity

Bitpush TG Subscription: https://t.me/bitpush

Original link:https://www.bitpush.news/articles/7594791

Preguntas relacionadas

QWhat was the Federal Reserve's decision on interest rates and by how much did they cut?

AThe Federal Reserve cut the benchmark interest rate by 25 basis points to a range of 3.50%-3.75%, marking the third consecutive meeting with a rate cut and a cumulative reduction of 75 basis points for the year.

QWhat significant approval did the cryptocurrency exchange Gemini receive from the CFTC?

AGemini received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM) and will soon launch a prediction market platform called Gemini Titan.

QWhich two companies are partnering to launch a tokenized liquidity fund on the Solana blockchain, and what is the fund's name?

AState Street Bank and Galaxy Asset Management are partnering to launch a tokenized liquidity fund called 'SWEEP' on the Solana blockchain, planned for early 2026.

QHow would an IPO of SpaceX at a $1.5 trillion valuation impact Elon Musk's estimated net worth?

AIf SpaceX IPOs at a $1.5 trillion valuation, Elon Musk's wealth could increase by $491 billion, bringing his total estimated net worth to $952 billion, largely due to his 42% stake in the company.

QWhat is the nature of the partnership between Sei and the consumer electronics giant Xiaomi?

ASei has partnered with Xiaomi to pre-install a next-generation crypto wallet and DApp discovery app on all new Xiaomi smartphones (excluding mainland China and the US), with plans to develop a stablecoin payment system for Xiaomi's global retail network.

Lecturas Relacionadas

NVIDIA's AI Sweeps ARC-AGI-3, Chinese-Led Team Aces All 183 Levels in One Go

NVIDIA's general-purpose coding agent AVO has achieved a perfect 100.00 RHAE score on the ARC-AGI-3 benchmark. It solved all 183 levels across 25 game environments in just 6,624 steps. ARC-AGI-3 is a notoriously difficult test where agents are placed into unfamiliar games with no instructions, forcing them to deduce rules and goals through trial and observation. Top models like Claude Opus 5 typically score only around 30% when acting alone. AVO's breakthrough comes not from improving the underlying AI model (Claude Opus 5), but from adding an intelligent external framework or "harness" around it. This framework addresses three key failure modes: misunderstanding global rules, misapplying familiar mechanics, and failing to learn correctly from success. Two core mechanisms drive AVO's performance: 1. **Persistent Memory:** It stores past attempts, compiler outputs, and reasoning across tasks, preventing the model from resetting and re-exploring dead ends when its context window fills. 2. **Supervisor Agent:** A separate module monitors the main agent's progress, intervening to redirect strategy when it gets stuck or repeats unproductive actions. Notably, AVO processed the visual game environments using a pure 64x64 text grid representation, without any image tokens. Originally developed for GPU kernel optimization, AVO autonomously evolved CUDA code for 7 days, producing attention kernels that outperformed NVIDIA's own cuDNN and the leading open-source implementation, FlashAttention-4. The same core architecture was then successfully applied to ARC-AGI-3, demonstrating its generalizability for long-horizon, autonomous problem-solving. The project features a predominantly Chinese team, including Distinguished Engineer Bing Xu (co-author of the original GAN paper and creator of MXNet) and Tianqi Chen (creator of TVM and XGBoost). NVIDIA's strategy highlights that while AI models are crucial, the surrounding system—managing memory, tools, and feedback—is equally vital for creating capable, long-term autonomous agents. This approach aligns with NVIDIA's focus on providing the essential hardware and software infrastructure for the next generation of AI workloads.

marsbitHace 5 min(s)

NVIDIA's AI Sweeps ARC-AGI-3, Chinese-Led Team Aces All 183 Levels in One Go

marsbitHace 5 min(s)

Bitcoin Approaches $80,000 Milestone, HYPE Hits New All-Time High | Invited Analysis

The cryptocurrency market experienced a significant surge this week, with Bitcoin rising sharply by 26.72% to approach the key psychological level of $80,000, peaking at $79,515. Simultaneously, the token HYPE broke its all-time high, reaching $83.38. This rally has shifted market sentiment from widespread pessimism to active bullish positioning. The article provides a technical analysis of both assets. For Bitcoin, the analysis details a multi-week corrective structure since October 2025, with the current price testing the upper boundary of a wide consolidation range between $57,820 and $82,850. The primary scenario anticipates a rejection near this upper resistance, leading to a pullback within the range (Path Two), though paths for a breakout or a breakdown are also outlined. On the daily chart, Bitcoin is analyzed as being in the final stages (wave c) of a five-wave rally from the July low. For HYPE, the article recounts a successful bullish call initiated on February 23, which has yielded a maximum gain of 225.7% to date. With the price achieving a new all-time high, the analysis suggests the upward trend is intact, with the next target around $90. The weekly strategy for Bitcoin involves waiting for a potential pullback to key support zones ($73,500-$75,000 or $67,300-$69,100) for short-term long opportunities, while maintaining a neutral medium-term stance. For HYPE, the strategy advises existing long positions to trail stop-losses, while new entrants could consider buying on a successful retest of the $77 support level. The article concludes with standard risk management rules and a disclaimer that the content is for informational purposes only and not investment advice.

Odaily星球日报Hace 26 min(s)

Bitcoin Approaches $80,000 Milestone, HYPE Hits New All-Time High | Invited Analysis

Odaily星球日报Hace 26 min(s)

Goldman Sachs Research Report: China's Semiconductor Self-sufficiency Rate Rises to 70%, 2030 Capital Expenditure Target $82 Billion

Goldman Sachs Report Analysis: China's Semiconductor Self-Sufficiency Rises to 70% by Quantity, 2030 Capex Target at $82 Billion. China's semiconductor industry has achieved significant progress in "quantity," but a substantial gap remains in "quality," according to a Goldman Sachs report. The analysis notes China's IC self-sufficiency rate by unit count reached 70% as of June 2026, nearly doubling from 38% in 2010, though the value-based self-sufficiency gap persists due to bottlenecks like lithography equipment. The report significantly revises China's 2030 semiconductor capital expenditure forecast upward by 79% to $82 billion, driven by self-sufficiency goals, generative AI demand, and customer localization strategies. Capex is expected to grow 10-15% annually from 2026 to 2030. Key findings include a rapidly narrowing supply-demand gap for advanced logic nodes (7nm and below), projected to shrink from 92% in 2025 to 34% by 2035, fueled by AI server demand. The China AI chip TAM is forecast to reach $678 billion by 2030 under a base case, with the DRAM market hitting $257 billion by 2028, featuring strong HBM growth. The report initiates coverage on China's leading DRAM maker, CXMT, with a Buy rating and a 129 yuan price target, citing benefits from AI-driven demand and supply chain diversification. Equipment localization is rising, but global suppliers remain crucial for advanced node yield. Risks include intensifying competition, softer end-demand, and geopolitical uncertainty. The industry is transitioning from volume expansion to quality breakthroughs, with capex, advanced node gaps, and AI/HBM demand driving a sector re-rating.

marsbitHace 26 min(s)

Goldman Sachs Research Report: China's Semiconductor Self-sufficiency Rate Rises to 70%, 2030 Capital Expenditure Target $82 Billion

marsbitHace 26 min(s)

Trading

Spot
活动图片