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Federal Reserve's Williams: Low CPI Data Due to Technical Factors, Not in a Hurry to Adjust Monetary Policy

2 hours ago

On Friday, December 19, New York Fed President William said some "technical factors" may have distorted November’s Consumer Price Index (CPI) data, pushing it below actual levels. Williams noted: "There are special real-world factors tied to difficulty collecting data in October and the first half of November. As a result, I believe certain category data has been distorted, which may have depressed the CPI by roughly 0.1 percentage point." He also stated the U.S. economy is currently in "solid shape" and hinted he expects to eventually see a rate cut. However, he stressed he’s not rushing to adjust monetary policy. (FXStreet)
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Cango mined 125.8 BTC this week, bringing the total holdings to 7290 BTC

On December 19, U.S.-listed Bitcoin mining firm Cango announced via X that it mined 125.8 BTC this week. As of now, its total Bitcoin holdings stand at 7,290 BTC.

15 minutes ago

In the last 1 hour, the entire network saw a total of $61.8 million in liquidations, with the primary liquidated position being a short.

Dec 19 — CoinGlass data shows total network liquidations reached $61.8 million in the past hour, with $4.59 million in long positions and $57.2 million in short positions liquidated.

15 minutes ago

Bitcoin has surpassed $89,000, and Ethereum has surpassed $3,000.

On December 19, HTX market data shows Bitcoin topped $89,000, up 1.37% over the past 24 hours. Ethereum crossed $3,000, posting a 24-hour gain of 2.54%.

15 minutes ago

The Federal Reserve Seeks Feedback on Proposal to Establish Limited "FedNow Accounts" for Certain Financial Institutions

The Federal Reserve announced Friday it’s seeking feedback on creating limited “payment accounts” for certain financial institutions. These accounts would let institutions use the Fed’s payment services for clearing and settling transactions—but won’t grant the broader access to facilities that banks currently enjoy. Fed Governor Christopher Waller noted such accounts could “support innovation” while safeguarding the payment system’s security. If established, the accounts would be separate from the Fed’s master accounts, earn no interest, and not have access to the Fed’s credit services. They’d also be subject to balance limits. Waller first floated the idea last October, as the Fed aimed to balance enabling wider use of its payment services by fintech firms and other entities—without giving full master account access to less-regulated groups. (Jinse Finance)

15 minutes ago

Analysis: CZ's average purchase price of ASTER is approximately $0.913, currently experiencing an unrealized loss of 20%.

December 19th — On-chain analyst Ai Auntie (@ai_9684xtpa) notes that CZ holds over $2 million worth of ASTER tokens, with an average entry price of roughly $0.913 per token. ASTER’s current market price is $0.729, leaving CZ with an unrealized loss of about 20%. Separately, crypto influencer EnHeng withdrew 1,001,444 ASTER tokens from Binance 15 minutes ago. The withdrawal totals around $704,000, with the tokens pulled at a price of $0.7064 each.

15 minutes ago

Analyst: Bitcoin Could Surge to $170,000 in Three Months

December 19 — Per Decrypt, as 2025 wraps up, the outlook for Bitcoin and the broader crypto market is cautiously optimistic at best. Some analysts, though, predict investors could see a bullish trend in 2026. Since hitting a high of $126,080 on October 6, Bitcoin has sold off continuously, stabilizing around $84,000 by November 22 — a sign sustained selling pressure may have eased. The Relative Strength Index (RSI), a momentum gauge for assets, dropped below the oversold threshold of 30. This pattern has played out five times since 2023, and each time Bitcoin followed with a bullish move. Julien Bittel, Global Macro Research Director at Global Macro Investor, notes that if history repeats, Bitcoin could climb to $170,000 in less than three months.

15 minutes ago