AiCoin Daily Report (December 12)

1. The initial jobless claims in the US stand at 236,000, higher than the expected 220,000

Initial unemployment claims in the US for the week ending December 6 totaled 236,000, above the forecast of 220,000, with the previous figure revised from 191,000 to 192,000. -Original

2. US President Trump praises the stock market performance

US President Trump praises the stock market. -Original

3. The dovish stance of the Federal Reserve benefits risk assets, short-term bonds and gold may see decreased attractiveness

After Fed Chair Powell expressed concerns about the labor market, Wall Street bets that the Fed will cut rates twice or more by 2026. Global X analyst Scott Helfstein stated that the overall dovish stance of the Federal Reserve should favor risk assets, especially growth stocks and cyclical stocks, and industries related to corporate investment cycles may also be in a favorable position. Helfstein added that the attractiveness of short-term bonds and gold may slightly decline; if short-term interest rates decrease, long-duration bonds could attract more attention. -Original

4. US Congress urges SEC to allow 401(k) accounts to hold Bitcoin

The US Congress has written to SEC Chairman Gensler, urging him to immediately allow 401(k) accounts to hold Bitcoin and cryptocurrencies, as American retirement account assets currently total $9 trillion. -Original

5. Whale staking 25,000 ETH, on-chain data attracts attention

On-chain data shows that a whale wallet address has staked 25,000 ETH. -Original

6. Valuation of $15 billion giant Klarna integrates Bitcoin into its products

Valued at $15 billion, fintech giant Klarna announced the direct integration of Bitcoin and cryptocurrencies into its products. Klarna currently has 100 million users worldwide. -Original

7. Binance launches spot gold XAU perpetual contract trading

Binance has added traditional asset XAU (spot gold) perpetual contract trading. Today, Binance launched traditional asset perpetual contracts under the brand name “TradFi Perps.” The main difference between TradFi Perps and U-based perpetual contracts is the trading hours of the underlying assets; traditional assets typically trade 24/5, with a daily one-hour maintenance window, and are affected by market holidays. -Original

8. US Financial Stability Oversight Council no longer lists digital assets as potential risks

The US Financial Stability Oversight Council (FSOC) has removed digital assets from its list of potential hazards. Under President Trump’s crypto-friendly regulatory environment, this annual report, which previously flagged financial stability risks, no longer issues “vulnerability” alerts. -Original

The above are the hot topics of the past 24 hours. For faster news, please download AiCoin().