1. The U.S. Government Efficiency Department has been dissolved;
2. The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%; 3. Bessent: Although the U.S. economy is impacted by the $11 billion shutdown, there is no overall recession risk; 4. Supply surpasses 7.4 billion, hitting a new all-time high; 5. CB policy head: Full-reserve backing makes stablecoins safer than the banking system; 6. Data: Ethereum staking rate has reached 28.84%, with Lido's market share at 23.97%.
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1. The U.S. Government Efficiency Department has been dissolved;
2. The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 69.4%;
3. Bessent: Although the U.S. economy is impacted by the $11 billion shutdown, there is no overall recession risk;
4. Supply surpasses 7.4 billion, hitting a new all-time high;
5. CB policy head: Full-reserve backing makes stablecoins safer than the banking system;
6. Data: Ethereum staking rate has reached 28.84%, with Lido's market share at 23.97%.