Fed’s Three-Year Loss Period Comes to an End
The US Federal Reserve returned to profit at the beginning of November after a three-year loss period. The deferred asset item fell from $243.8 billion to $243.2 billion, indicating that losses are beginning to close. The decline in interest rates supported the return to profitability by reducing the Fed’s funding costs. Concerns about the labor market keep the possibility of further interest rate cuts on the table for the bank.
Strategy Discusses Possible Index Removal with MSCI
Michael Saylor announced that Strategy’s potential exclusion from the MSCI index is on the agenda and that they are in talks with MSCI on the matter. The decision is expected on January 15. Exclusion from the index could affect the company’s market visibility and investor interest. The outcome of the talks could create short-term volatility in the MSTR price.
US ADP Employment Falls Short of Expectations
US private sector employment fell by 32,000 in November, painting a weak picture contrary to the market’s expectation of a 10,000 increase. Construction, manufacturing, professional services, and finance sectors experienced a general decline. The report indicates that employment is expected to slow more significantly in the second half of 2025. This weak performance reinforces signals of an economic slowdown.
Markets Have High Expectations for a Fed Rate Cut in December
According to CME FedWatch, the probability of a 25-basis-point rate cut in December stands at 89.2%. Markets are pricing in a total of 25–50 basis points of easing through January. The probability of rates remaining unchanged is calculated at only 7.7%. Weak employment data further reinforces expectations of a cut.
BlackRock’s Bitcoin ETF Options Enter the Top 10 in the US
Options contracts linked to the IBIT ETF reached 7.7 million open positions, placing it ninth in the US market. Among stock options, it ranks second. The growing interest indicates that the ETF is being heavily traded among institutional investors. This is seen as a significant liquidity signal in the BTC derivatives market.
Bitcoin Buy/Sell Ratio at 1.17, a Cycle High
According to CryptoQuant data, the Bitcoin buy/sell ratio has risen to 1.17, reaching its highest level since January 2023. This ratio indicates that the market is dominated by buying. The rising demand profile signals strengthened price momentum in the short term. The increase in the ratio is particularly supported by spot ETF inflows.
Georgia Partners with Hedera for Property Records
Georgia’s Ministry of Justice has signed a Memorandum of Understanding with Hedera to migrate the country’s land registry system to blockchain. Officials note that this transition will enhance the protection of property rights and transparency. The tokenization of real estate is also on the agenda. The plan aims for a transformation compatible with RWA-based digital asset projects.
USDC and CCTP Officially Launched on Starknet
Circle has activated its local USDC version and cross-chain transfer protocol CCTP on Starknet. This integration strengthens the Starknet ecosystem by facilitating the multi-chain circulation of USDC. Users can now make faster and more secure stablecoin transfers. This opens a new scaling gateway for Starknet’s DeFi volume.
Ethereum Fusaka Upgrade Begins
The Ethereum Fusaka upgrade will activate at UTC 21:49:11. The upgrade will increase the block gas limit to 60 million, boosting capacity for Layer 2 transactions. This is expected to reduce L2 fees by 40–60%. The development will enable parallel scaling at both the consensus and execution layers.
RWA Volume on BNB Chain Reaches $1.6 Billion
Over the past 30 days, the value of RWA assets on BNB Chain has doubled to $1.6 billion. This increase demonstrates the rapid growth of tokenization trends on the chain. With its low-cost infrastructure, BNB Chain has become one of the networks where RWA projects are concentrated. If this trend continues, RWA could become the main growth driver for the BNB ecosystem.
Crypto Law Crisis Deepens in Poland
President Nawrotzki’s veto of the crypto law was harshly criticized by the government. Officials accused the president of “getting involved in the crypto scandal” and “serving Russian interests.” The law was also criticized by the crypto community because it contained stricter regulations than MiCA. Prime Minister Tusk announced that if the veto is not withdrawn, he will resubmit the bill and launch an investigation.
Australian Bitcoin Industry Files Complaint with ABC News
The Australian Bitcoin Industry Association has formally complained about ABC News’ report portraying Bitcoin as a crime-focused tool, citing “numerous errors and a one-sided approach.” The association argues that the media misled the public and should issue a correction. It also requested that expert opinions be sought in the future. The controversial report sparked a new debate about the perception of cryptocurrency in the country.
BlackRock Transfers 44,100 ETH to Coinbase Prime
According to Lookonchain data, BlackRock sent 44,140 ETH, worth approximately $135 million, to Coinbase Prime. The transfer is linked to possible institutional portfolio adjustments or ETF operations. The institution’s large-volume ETH movement attracted attention in the market. This transaction created new expectations regarding institutional demand dynamics on the ETH side.
Cardano Foundation Appoints New CFO
The Cardano Foundation announced the appointment of Stephen Wood as its new CFO. Wood will be responsible for financial strategy, fund management, and oversight of risk processes. Previously holding senior finance roles at Copper.co, Wood has over 20 years of experience in both traditional finance and digital assets. The appointment aims to strengthen Cardano’s corporate structure.
World Liberty Financial to Launch RWA Products in 2026
WLFI co-founder Zach Witkoff announced that the company will launch RWA-based products in January 2026. The project stands out as one of the ventures supported by the Trump family. The corporate expansion in the RWA category will take the company into a new growth area. The announcement presents a noteworthy long-term roadmap for the industry.
Taiwan Plans to Launch Its First Local Stablecoin in 2026
Although regulators have not yet decided which currency the stablecoin will be pegged to, the draft law has passed its first cabinet approval. The legislative process is expected to be completed in 2025. Stablecoin regulations will come into effect six months after the law is passed. The earliest launch date has been set for the second half of 2026.
Aptos CEO: “Next-Generation Blockchain Should Serve AI Agents”
Aptos CEO Avery Ching said that in the future, hundreds of billions of AI agents will operate on the blockchain and that the infrastructure must be ready for this. According to Ching, large-scale adoption will occur through wallet integrations with major technology platforms. Users will be provided with an efficient infrastructure in the background without even realizing they are using blockchain. This approach aims to make blockchain a more global layer than Swift.
The Jupiter team announced that it has postponed the first phase of the WET token sale by a few hours following community feedback. Additionally, the Wetlist allocation has been reduced from 6% to 4%. The decision was made with fair distribution and market balance in mind. The change aims to ensure the sale mechanism operates more smoothly.
The new ETPs offer investment opportunities in high-growth potential DeFi infrastructure projects. The products are listed on SIX Swiss Exchange and Euronext, providing dollar and euro trading support. This move facilitates direct access to the DeFi sector for institutional investors. 21Shares aims to meet DeFi-focused demand by expanding its product range.
US’s First LINK Spot ETF Receives $37 Million in Inflows on First Day
The Grayscale Chainlink Trust ETF began trading on the NYSE and collected $37.05 million in net inflows on its first day. Trading volume reached $13.87 million, while total assets under management reached $52.64 million. The ETF operates solely on a cash subscription and redemption model. Although staking is not yet supported, the listing represents a significant milestone for the LINK ecosystem.
ETHZilla Acquires 20% Stake in Karus for $10 Million
ETHZilla acquired a 20% stake in Karus, which works on automotive finance and AI analytics. The deal was paid $3 million in cash and $7 million in company shares. With this investment, ETHZilla plans to explore new business models such as tokenized vehicle loans. The collaboration targets a growing area at the intersection of AI and blockchain.
