【BiTu Daily News Highlights】The last trading day of 2025 is approaching, and global stock markets are expected to see their largest increase in six years; Federal Reserve meeting minutes: serious disagreements, most believe interest rates can decrease as inflation drops; Bitmine pledges another 118,944 ETH, worth approximately $352.16 million; NVIDIA plans to acquire AI startup AI21 Labs for up to $3 billion

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【2025 Will Be the Last Trading Day, Global Stock Markets Expected to Achieve Largest Gain in Six Years】

According to CryptoDaily, thanks to the Federal Reserve’s rate cuts and a surge in AI investment enthusiasm, global stock markets are expected to see their largest annual increase in six years in 2025. With only one trading day left in 2025, the MSCI Global Stock Index has already risen 21% this year. Asian markets are expected to rise for the third consecutive year, potentially marking the best performance since 2017. In 2025, stock prices reached record highs, driven by optimistic expectations for economic growth, corporate earnings, and loose monetary policy, bouncing back from the decline triggered by Trump’s tariffs in April.

However, as 2026 approaches, investors face high valuation levels, and policymakers are divided on further easing policies. Amanda Agati, Chief Investment Officer at Panix Asset Management, stated on Tuesday, “For the market to continue higher next year, the Fed needs to be dovish.” Looking ahead to the new year, investors have reasons to remain optimistic: over the past decade, the MSCI Global Stock Index has averaged a 1.4% increase in January, with six instances of gains.

【Federal Reserve Minutes: Deep Divisions, Most Expect Rates to Fall as Inflation Declines】

According to CryptoDaily, based on the latest Federal Reserve minutes, the FOMC agreed to cut rates at the December meeting, but there was in-depth debate over the risks facing the US economy. The minutes reveal that, given the various risks, even some officials supporting rate cuts acknowledged that “this decision was a result of weighing the pros and cons, or they could have supported maintaining the target range.”

Some participants indicated that, based on their economic outlook, after lowering the rate range at this meeting, it might be necessary to keep the target range unchanged for a period. The minutes also show that if inflation gradually declines as expected, most officials believe further rate cuts would be appropriate. The minutes further highlight divisions among Fed officials, underscoring the difficulty of recent decisions. This is an unusual outcome for the Fed, and it has occurred in two consecutive meetings.

【Bitmine Stakes 118,944 ETH Again, Valued at About $352.16 Million】

CryptoDaily reports, according to Onchain Lens monitoring, Bitmine has further staked 118,944 ETH, worth approximately $352.16 million. To date, it has staked a total of 461,504 ETH, with a total value of about $136.99 billion.

Additionally, a newly created wallet received 32,938 ETH from FalconX, valued at about $97.8 million. This wallet is likely also owned by Bitmine.

【Nvidia Plans to Acquire AI Startup AI21 Labs for Up to $3 Billion】

CryptoDaily reports that, according to Israel’s Calcalist on Tuesday, Nvidia(NVDA.O) is in advanced negotiations to acquire Israeli AI startup AI21 Labs for up to $3 billion. A funding round in 2023 valued AI21 Labs at $1.4 billion. Nvidia and Google’s parent company Alphabet(GOOG.O) participated in this round.

Founded in 2017 by Amnon Shashua and two others, AI21 Labs is one of many startups benefiting from the AI boom. Shashua is also the founder and CEO of Mobileye, a developer of autonomous driving technology. Reports indicate that AI21 Labs has been seeking to sell for some time, with significant progress in negotiations with Nvidia in recent weeks. The report suggests Nvidia’s main interest in AI21 Labs lies in its team of about 200 employees, most holding advanced degrees and possessing rare expertise in AI development. The acquisition is expected to be between $2 billion and $3 billion.

【Grayscale Discloses GTAO Details: Fee Rate 2.5%, Circulating Shares 1,881,500】

CryptoDaily states that Grayscale’s official website disclosed details of the Grayscale Bittensor Trust (GTAO), which allows investors to gain exposure to the underlying TAO tokens of the Bittensor platform in the form of securities, with a fee rate of 2.5%, circulating shares of 1,881,500, and an asset management scale close to $8 million. The USD-denominated spot price of TAO will be based on real-time data provided by Coin Metrics.

【Grayscale Predicts 2026 US Crypto Market Structure Legislation Will Dominate the Market】

CryptoDaily reports that Grayscale, a digital asset management firm, stated in a Monday report that by the end of 2025, investors are focused on two key issues: when Washington will implement a comprehensive digital asset regulatory framework, and whether quantum computing development poses an urgent threat to blockchain security. Grayscale believes that in 2026, a bipartisan crypto market structure bill is likely to become law, marking a milestone in the crypto asset field. A more complete and unified regulatory framework in the US and other major economies will push the crypto market toward institutionalization.

Regarding quantum computing, while powerful quantum computers could theoretically break current encryption standards, Grayscale considers this risk still distant. It is unlikely to materially impact asset prices in 2026. In the long term, blockchain and related technologies will need upgrades to post-quantum cryptography, but it will not significantly affect valuations next year. The article also discusses the development of blockchain in 2025 and the price surge of Aptos due to increased trading volume.