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Goldman Sachs Analyst Predicts US Stock Market Is About to See a "Santa Claus Rally"

2 hours ago

On December 19th: Traders spent most of December wondering if the usual year-end “Santa Rally” would materialize as expected. The S&P 500 rose 0.8% on Thursday, snapping a four-day losing streak that had held earlier in the month. Historical trends suggest the stock market could keep climbing: Castle Securities data shows that since 1928, the S&P 500 has had a 75% chance of rising in the final two weeks of December, with an average gain of 1.3%. Goldman Sachs’ trading desk team—including Gail Hafif—said: “It’ll be hard to fight the seasonal tailwind we’re about to hit and improved positioning, unless there’s a major shock. While we don’t necessarily expect a sharp rally, we do see room for more upside through year-end.” (FXStreet)
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Market Analysis: Bank of Japan Unlikely to Raise Interest Rates Again Before June Next Year

On December 19, EFG Bank economist Sam Jochim said the Bank of Japan’s delayed interest rate hike is more like easing off the gas than hitting the brakes. He noted there’s still room for further rate hikes next year, adding the BOJ has stressed that even after this move, interest rates will remain “significantly low.” Future trends will largely hinge on next year’s annual spring labor negotiations—which set the tone for wage growth—meaning another rate hike is unlikely before June 2024. Jochim added that while the BOJ remains behind the curve following today’s decision, the pace of monetary policy tightening will stay extremely gradual. (Source: Kryptonewsz)

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A new wallet received 836.4 BTC from FalconX, totaling $73.67 million.

On December 19, per Onchain Lens monitoring, a new wallet received 836.4 BTC from FalconX—valued at $73.67 million.

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US-listed company Mangoceuticals is planning to launch a $100 million crypto treasury strategy, with a focus on investing in SOL.

On December 19, Nasdaq-listed Mangoceuticals announced a partnership with Cube Group to launch Mango DAT—a subsidiary dedicated to advancing its $1 billion Cryptocurrency Treasury (DAT) strategy, with a core focus on SOL investments. Funding for the initiative will be secured via an ATM financing plan and the sale of common stock. The company also reportedly filed a “MULTI-DAT” trademark application with the U.S. Patent and Trademark Office to support a suite of strategic digital asset and DeFi initiatives.

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Michael Saylor: Bitcoin Should Only Upgrade Its Network in Consensus on Quantum Computing Threat

On December 19th, Michael Saylor stated in an interview: “Bitcoin Core v30 is extremely conservative about protocol changes. We’ve always been — and must always remain — extremely cautious when modifying the Bitcoin protocol. Any adjustments should be approached with great care; we need to ensure global consensus. I believe we should only upgrade the network if there’s agreement across the world’s 8 billion people, and only once quantum computing is confirmed to pose a threat.” “But if half the community supports an idea and the other half opposes it, we should slow down. These changes demand extreme caution. I’ve said it many times: one of the most effective ways to disrupt the Bitcoin network is to give a team of exceptionally talented developers unlimited funding, then tell them to ‘improve it.’” “In my view, Bitcoin’s core is a monetary protocol. Its lack of rapid change and frequent iteration isn’t a flaw — it’s a strength. I’m not part of the group eager to constantly add

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Coinbase Bitcoin Premium Index has been in a negative premium for 5 consecutive days, currently at -0.065%.

On December 19, Coinglass data shows Coinbase’s Bitcoin Premium Index has stayed in negative territory for five straight days, currently at -0.065%. BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator to monitor U.S. market capital inflows, institutional investment interest, and shifts in market sentiment. A positive premium (Coinbase price > global average) typically signals: strong U.S. market buying pressure, active inflows from institutional or regulated funds, ample USD liquidity, and broadly optimistic investor sentiment. A negative premium (Coinbase price < global average) usually reflects: heavy U.S. market selling pressure, reduced investor risk appetite, increased market risk aversion, or capital outflows.

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CZ's response on whether posting on Binance Square is in sync with Test X: Just a feature comparison, nothing more

On December 19, CZ addressed the question of whether he’s running a sync test for X tweets on Binance Square—allowing one-click posting across both platforms. His response: “Just comparing a feature between X and Binance Square, that’s all. Don’t read too much into it.”

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