Binance will stop supporting QUICKOLD deposits via the Ethereum and Polygon networks today.

Dec. 9: Barclays expects the Fed will cut interest rates by 25 basis points to a 3.5%-3.75% range at this week’s monetary policy meeting. The post-meeting statement will likely strike a hawkish tone, signaling a pause in rate cuts for January 2024. The bank currently maintains its forecast for 25-basis-point rate cuts in March and June 2024. Barclays believes the updated economic projections summary may show little change to economic forecasts, while the dot plot will likely indicate one 25-basis-point rate cut each in 2026 and 2027. The median long-term interest rate forecast is expected to remain at 3%, per FXStreet.

On December 9, a JPMorgan strategist noted the recent U.S. stock market rally could stall after a potential Federal Reserve rate cut as investors take profits. Led by Mislav Matejka, the JPMorgan team wrote in a report: “Investors may be more inclined to lock in gains before year-end rather than increase directional exposure. Rate cut expectations are fully priced in, and U.S. stocks have returned to highs.” The strategist remains bullish on the medium-term outlook, citing the Fed’s dovish stance as supportive for U.S. equities. Matejka added that low oil prices, slowing wage growth, and easing U.S. tariff pressures will allow the Fed to ease monetary policy without stoking inflation. Other factors poised to lift U.S. stocks in 2026 include: reduced trade uncertainty, an improved Asian economic outlook, increased eurozone fiscal spending, and rapid artificial intelligence (AI) adoption in the U.S. (Source: Jinse)

On December 9th, analyst @ali_charts noted that Bitcoin may either break out of a bearish flag pattern or drop to $70,000.

Per monitoring by Trends News (via its Telegram channel @trendsnewsCN), a photo of Biden extending his hand—emitting a blinding HDR glow—has gone viral online. Users with retina displays often find these HDR images painfully bright. Soon, the image spread widely, with users sharing it en masse—and others creating new HDR visuals designed to overwhelm viewers with extreme brightness. Before long, social media timelines were flooded with these intensely bright HDR posts. In short, these images have turned into virtual "flashbangs"—catching users off guard with sudden, blinding bursts of light. Right now, the token boasts a 1-hour trading volume of 500k, while community members are flooding timelines with all kinds of HDR images to amp up the "flashbang" effect. Picture this: You’re scrolling through your phone late at night, curled up in bed, when a blaring HDR image hits you out of nowhere—making you feel like you’re about to be blinded. That’s exactly what the Flashbang commun

According to Trend News monitoring, the U.S. Department of Education’s official Twitter (X) account posted a viral video: it overlaid a "Pinocchio Long Nose Counter" onto a clip of teachers’ union president Randi Weingarten’s interview, implying her comments on Trump’s education reform were "lies." This marks a long-running point of contention between the Trump camp and the teachers’ union — viewed as direct official-level mockery that quickly escalated the conversation. As the video went viral, "Pinocchios" emerged as a new internet slang term. Online platforms flooded with long-nose memes targeting politicians. Discussion spilled over to the Solana blockchain, where users launched a token called PINOCCHIO. Within 24 hours, 19 same-named projects popped up: the mainstream consensus version saw its 24-hour trading volume surge to $1.1 million, hit a peak market cap of $210,000, and gained 866 holders. Political memes’ staying power has fueled ongoing spillover buzz — after all

On December 9, the Zcash development team put forward a dynamic fee scheme to address skyrocketing transaction fees during network congestion—an issue stemming from the network’s fixed rate model. The new proposal, released by Shielded Labs, recommends using the median fee from the past 50 blocks as the base fee, with logarithmic scaling applied in powers of 10. It also introduces a 10x fee priority lane during congestion to prevent users from being priced out of the network. The scheme will roll out in phases and could ultimately be implemented as a simple consensus change, avoiding the need for a complex design like Ethereum’s EIP-1559. (CoinDesk)